Kalpataru Ltd
Founded in 1988, Kalpataru Limited is a real estate development company based in Mumbai, Maharashtra.[1]
- Market Cap ₹ 8,007 Cr.
- Current Price ₹ 389
- High / Low ₹ 458 / 346
- Stock P/E 344
- Book Value ₹
- Dividend Yield 0.00 %
- ROCE 6.20 %
- ROE 1.26 %
- Face Value ₹ 10.0
Pros
- Company has delivered good profit growth of 27.4% CAGR over last 5 years
Cons
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -16.0% over past five years.
- Company has a low return on equity of 3.31% over last 3 years.
- Earnings include an other income of Rs.254 Cr.
- Working capital days have increased from 1,940 days to 3,117 days
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Consumer Discretionary Realty Realty Residential, Commercial Projects
Part of BSE IPO
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| 678 | 605 | 613 | 654 | 293 | 283 | |
| 579 | 547 | 295 | 276 | 202 | 226 | |
| Operating Profit | 98 | 57 | 318 | 378 | 91 | 57 |
| OPM % | 14% | 9% | 52% | 58% | 31% | 20% |
| 184 | 263 | 12 | 12 | 271 | 254 | |
| Interest | 247 | 277 | 289 | 322 | 212 | 250 |
| Depreciation | 25 | 22 | 22 | 20 | 19 | 19 |
| Profit before tax | 10 | 22 | 19 | 49 | 131 | 41 |
| Tax % | 32% | 28% | 122% | 41% | 38% | 44% |
| 7 | 16 | -4 | 29 | 82 | 23 | |
| EPS in Rs | 0.50 | 1.13 | -0.30 | 2.08 | 5.85 | 1.39 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | -16% |
| 3 Years: | -23% |
| TTM: | -4% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 27% |
| 3 Years: | 73% |
| TTM: | -72% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 2% |
| 3 Years: | 3% |
| Last Year: | 1% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| Equity Capital | 140 | 140 | 140 | 140 | 140 | 167 |
| Reserves | 925 | 942 | 938 | 964 | 972 | 2,408 |
| 2,533 | 2,500 | 2,941 | 2,664 | 2,981 | 2,738 | |
| 392 | 443 | 363 | 391 | 443 | 1,135 | |
| Total Liabilities | 3,990 | 4,024 | 4,382 | 4,158 | 4,536 | 6,448 |
| 338 | 451 | 430 | 411 | 395 | 388 | |
| CWIP | 114 | 0 | 0 | 0 | 0 | 0 |
| Investments | 814 | 815 | 98 | 98 | 98 | 101 |
| 2,724 | 2,758 | 3,855 | 3,649 | 4,044 | 5,959 | |
| Total Assets | 3,990 | 4,024 | 4,382 | 4,158 | 4,536 | 6,448 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| 222 | 513 | 689 | 237 | 24 | 205 | |
| 64 | -227 | -850 | 414 | -46 | -1,109 | |
| -278 | -329 | 150 | -619 | 17 | 710 | |
| Net Cash Flow | 8 | -42 | -12 | 32 | -4 | -194 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| Debtor Days | 206 | 178 | 162 | 85 | 162 | 140 |
| Inventory Days | 1,080 | 248 | 496 | 626 | 1,419 | |
| Days Payable | 65 | 37 | 71 | 62 | 376 | |
| Cash Conversion Cycle | 1,221 | 389 | 587 | 648 | 1,205 | 140 |
| Working Capital Days | 1,212 | 760 | 793 | 740 | 1,963 | 3,117 |
| ROCE % | 8% | 8% | 10% | 9% | 6% |
Documents
Announcements
-
Update - Statement Of Deviation Or Variation In Use Of Proceeds Of Funds Raised Through IPO
1d - Kalpataru reports no deviation in IPO fund usage of Rs.1,590 Cr as of June 30, 2025, per CARE Ratings report.
-
Statement Of Deviation Or Variation In Use Of Proceeds Of Funds Raised Through IPO
1d - No deviation in utilization of Rs.1590 Cr IPO proceeds for quarter ended June 30, 2025.
-
Results - Standalone And Consolidated For Quarter Ended June 30, 2025
1d - Kalpataru reports Q1 FY26 consolidated loss of Rs 56.37 Cr; standalone loss Rs 15.56 Cr; auditor review unmodified.
-
Announcement under Regulation 30 (LODR)-Press Release / Media Release
1d - Kalpataru reports Q1 FY26 pre-sales up 83% to ₹1,249cr, collections up 37%, net debt reduced to ₹7,939cr.
-
Announcement under Regulation 30 (LODR)-Investor Presentation
1d - Investor Presentation on unaudited financial results for quarter ended June 30, 2025
Integrated Real Estate Player[1]
They are an integrated real estate development company involved in all key activities associated with real estate development, including the identification and acquisition of land, planning, designing, execution, sales, and marketing of projects.