Kolte-Patil Developers

NSE: KOLTEPATILBSE: 532924
Compare with peers
₹ 454.00▼ 6.45 (−1.4%)28 Oct, 03:29 pm IST
Market cap
₹ 4,081 Cr.
P/E
32.7x
P/B
3.17x
52-week range
292.25 – 554.6
ROE
−4%
ROCE
0%
Dividend yield
0%
Debt / equity
0.98
Sector
Realty
Industry
Residential, Commercial Projects
Listed on
NSE, BSE

About

Kolte-Patil Developers Limited is an India-based real estate company. The Company is primarily engaged in the business of construction of residential, commercial, information technology (IT) parks along with renting of immovable properties and providing project management services for managing and developing real estate projects. It has a presence in the Pune residential market, and a diversified presence in Mumbai and Bengaluru. It markets its projects under two brands: Kolte-Patil (addressing the mid-premium/premium segment) and 24K (addressing the premium luxury segment). The Company has developed and constructed over 68 projects, including residential complexes, integrated townships, commercial complexes and IT parks covering a saleable area of approximately 30 million square feet across Pune, Mumbai and Bengaluru. Its projects include Aros, Sound of Soul, Raaga, Florence, Giga, Verve, City Vista, iTowers Exente and others. Raaga project is in Hennur Road, North Bengaluru.

Quick check

The five things to look at first. Open one for more.

Kolte-Patil Developers against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.

  • Valuation (P/E)32.7 against a typical 23.7: pricier than most peers (1st = cheapest).108th of 173
  • Sales growth+1,022% against a typical +6.6% from a year earlier.5th of 134
  • Share price, 3 months+16.4% against a typical −9.9%.17th of 147
  • Size₹ 4,080.7 Cr. market value against a typical ₹ 129.6 Cr. (1st = largest).24th of 163

Latest announcements

Exchange filings and their impact on the company.

  • 13 Oct 2026UpdatesHigh impactPositivePrice +0.5% that day
    Record Rs 1019 cr quarterly sales and Rs 6000 cr new Mumbai GDV materially expand future revenue pipeline.

    Kolte-Patil reported its highest-ever quarterly sales of Rs 1019 crore in Q2 FY27, up 52% year-on-year, and record half-year sales of Rs 1636 crore, up 27%. Collections rose 33% to Rs 795 crore in Q2 and 32% to Rs 1509 crore in H1, helped by the Rs 616 crore launch of Vyana at The Reserve in Pune and 10% higher realisation of Rs 8368 per sq ft. It also signed six Mumbai redevelopment projects with Rs 6000 crore development value, its largest Mumbai addition, strengthening the growth pipeline despite soft near-term demand in Pune.

    Filing

Credit ratings

Every rating action on file, newest first, including reaffirmations. Open a row for the agency's reasoning. All credit rating updates

High safety

Rated AA- by 2 agencies
AA-
DefaultRiskyModerateSafeVery safe
  • All agencies agree and none has raised a warning.
AgencyCurrent ratingOutlookAs of
CARECARE AA-Stable7 Oct 2026
CRISILCrisil AA-Stable25 Mar 2026
Credit rating actions
RatingDetails
7 Oct 2026
Reaffirmed
CARE AA-—CARE₹ 499.8 Cr.
25 Mar 2026
Reaffirmed
Crisil AA-—CRISIL₹ 1,254.35 Cr.
8 Oct 2025
New rating
CARE AA-—CARE₹ 250 Cr.
29 Sep 2025
Rating action
Crisil AA-—CRISIL₹ 1,254.35 Cr.

Board meetings

Results dates and other board meetings. Full calendar

Details
3 Nov 2026UpcomingFinancial Results/Other business matters1.Unaudited Standalone and Consolidated Financial Results for the quarter and six months ended on 30 September 20262. other business as per the agenda of the meeting.
10 Aug 2026Financial Results/Other business mattersTo consider and approve the financial results for the period ended Jun 30, 2026 and other business matters
22 May 2026Financial ResultsTo consider and approve the standalone and consolidated financial results for the quarter and year ended March 31, 2026 and other business as per agenda
5 Feb 2026Financial Results/Other business mattersConsider and approve the Unaudited Standalone and Consolidated Financial Results for the quarter and nine months ended on 31 December 2025 and other business as per the agenda
11 Nov 2025Financial Results/Other business mattersTo consider and approve the Unaudited Standalone and Consolidated Financial Results for the quarter and half year ended on 30 September 2025 and other business as per the agenda.
29 Jul 2025Financial Results/Fund Raising/Other business matters1. Unaudited Standalone and Consolidated Financial Results for the quarter ended on 30 June 2025;2. Proposal to raise funds by way of issuance of debt securities including but not limited to secured, listed, redeemable, non-convertible debentures on private placement basis, within the borrowing limits as approved by the Shareholders of the Company;3.Other business as per the agenda.
24 May 2025Financial Results/Other business mattersTo consider and approve the financial results for the period ended March 31, 2025 and other business matters

Share price

1Y change +4.51%
0 of 1 filing day came with a big price move
Volume (shares)Price (₹)
Close price

Financials

Consolidated figures in ₹ crore.

Quarterly results
₹ Cr.Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales1987652634130835071982139265249920
Expenses209116548313292324612108176257255730
Operating Profit−11−40−21281626106−26−378−6189
OPM %−6%−53%−4%8%5%7%15%−32%−27%3%−2.4%21%
Other Income78112142061531171417
Interest93121191166731162
Depreciation344423444445
Profit before tax−17−67−45171736101−22−1410−2199
Tax %55%−6%−41%62%40%27%35%−24%−21%59%640%26%
Net Profit−26−63−266102666−17−114−15147
EPS in Rs−3.33−8.27−3.570.821.283.338.59−1.92−1.180.51−1.816.49

Growth and returns

Compounded yearly rates over each period.

Compounded Sales Growth
10 Years
0%
5 Years
1%
3 Years
−21%
TTM
8%
Compounded Profit Growth
10 Years
—
5 Years
—
3 Years
—
TTM
49%
Stock Price CAGR
10 Years
14%
5 Years
16%
3 Years
1%
TTM
—
Return on Equity
10 Years
6%
5 Years
4%
3 Years
0%
TTM
—

Shareholding

Latest: Jun 2026.

Promoters
73.81%
+4.36 pts in a year
FIIs
10.61%
+2.49 pts in a year
DIIs
3.3%
−1.19 pts in a year
Public
12.28%
−5.66 pts in a year

P/E and EPS over time

Daily P/E and trailing 12-month EPS. EPS updates with each result.

P/E 32.7xEPS (12 months) ₹ 14.02Median P/E 15.5x
P/E (times)EPS (₹)

Peers

Listed companies in the same business.

Peer comparison
Kolte-Patil Developers₹ 454.00₹ 4,081 Cr.32.7x3.2x−4%—
DLF₹ 653.55₹ 1,61,774 Cr.39x3.6x10%32%
Lodha Developers₹ 963.00₹ 1,01,441 Cr.33.7x5.1x15.8%20.6%
Indus Towers₹ 380.00₹ 1,00,250 Cr.14.9x2.7x19.8%22%
Oberoi Realty₹ 1,587.20₹ 57,846 Cr.27.3x3.8x—41.6%
Godrej Properties₹ 1,497.90₹ 45,121 Cr.166x3.3x10.2%35.9%

Management

Atul Bohra
Group Chief Executive Officer
Ravi Prakash Porwal
Chief Financial Officer
Vinod Eknath Patil
Compliance Officer, Company Secretary
Rajesh Anirudha Patil
Managing Director, Executive Director

Prices are delayed and for information only. Nothing on this page is investment advice.