Kalpataru Ltd
Founded in 1988, Kalpataru Limited is a real estate development company based in Mumbai, Maharashtra.[1]
- Market Cap ₹ 7,237 Cr.
- Current Price ₹ 351
- High / Low ₹ 458 / 325
- Stock P/E
- Book Value ₹ 199
- Dividend Yield 0.00 %
- ROCE 6.20 %
- ROE 1.26 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- 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.
- Contingent liabilities of Rs.7,324 Cr.
- Earnings include an other income of Rs.222 Cr.
- Working capital days have increased from 2,162 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 | TTM | |
|---|---|---|---|---|---|---|---|
| 678 | 605 | 613 | 344 | 293 | 283 | 218 | |
| 579 | 547 | 295 | 281 | 202 | 226 | 195 | |
| Operating Profit | 98 | 57 | 318 | 63 | 91 | 57 | 24 |
| OPM % | 14% | 9% | 52% | 18% | 31% | 20% | 11% |
| 184 | 263 | 12 | 328 | 271 | 254 | 222 | |
| Interest | 247 | 277 | 289 | 322 | 212 | 250 | 263 |
| Depreciation | 25 | 22 | 22 | 20 | 19 | 19 | 21 |
| Profit before tax | 10 | 22 | 19 | 49 | 131 | 41 | -38 |
| Tax % | 32% | 28% | 122% | 41% | 38% | 44% | |
| 7 | 16 | -4 | 29 | 82 | 23 | -31 | |
| EPS in Rs | 0.50 | 1.13 | -0.30 | 2.08 | 5.85 | 1.39 | -1.98 |
| 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 | Sep 2025 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 140 | 140 | 140 | 140 | 140 | 167 | 206 |
| Reserves | 925 | 942 | 938 | 964 | 972 | 2,408 | 3,888 |
| 2,533 | 2,500 | 2,941 | 2,664 | 2,981 | 2,738 | 2,274 | |
| 392 | 443 | 363 | 391 | 443 | 1,135 | 1,264 | |
| Total Liabilities | 3,990 | 4,024 | 4,382 | 4,158 | 4,536 | 6,448 | 7,632 |
| 338 | 451 | 430 | 411 | 395 | 388 | 386 | |
| CWIP | 114 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 814 | 815 | 98 | 98 | 98 | 101 | 101 |
| 2,724 | 2,758 | 3,855 | 3,649 | 4,044 | 5,959 | 7,144 | |
| Total Assets | 3,990 | 4,024 | 4,382 | 4,158 | 4,536 | 6,448 | 7,632 |
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 | 420 | -39 | -1,109 | |
| -278 | -329 | 150 | -619 | -3 | 710 | |
| Net Cash Flow | 8 | -42 | -12 | 38 | -18 | -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 | 161 | 162 | 140 |
| Inventory Days | 1,080 | 248 | 496 | 626 | ||
| Days Payable | 65 | 37 | 71 | 62 | ||
| Cash Conversion Cycle | 1,221 | 389 | 587 | 725 | 162 | 140 |
| Working Capital Days | 1,212 | 760 | 793 | 1,407 | 1,963 | 3,117 |
| ROCE % | 8% | 8% | 10% | 9% | 6% |
Documents
Announcements
- Shareholder Meeting / Postal Ballot-Notice of Postal Ballot 2 Jan
-
Disclosure With Regard To An Order Received By The Subsidiary From Joint Commissioner, CGST Office, Mumbai
31 Dec - Agile Real Estate received CGST demand Rs.3,64,35,790 plus equal penalty; Order dated 30 Dec 2025; appeal planned.
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Disclosure With Regard To An Order Received By The Wholly-Owned Subsidiary Of The Company From Joint Commissioner, CGST Office, Mumbai
31 Dec - Wholly-owned subsidiary received Rs.6,55,93,884 tax demand plus equal penalty on Dec 30, 2025; appeal.
- Closure of Trading Window 30 Dec
-
Intimation Under Regulation 30 Of SEBI Listing Regulations Regarding Receipt Of An Order Passed By The Joint Commissioner, Office Of The Commissioner Of CGST, Mumbai
30 Dec - Order dated Dec 26, 2025: GST demand Rs80,71,45,860 (FY2018-19); company to appeal.
Concalls
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Nov 2025Transcript PPT REC
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Aug 2025TranscriptAI SummaryPPT
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Jul 2025TranscriptAI SummaryPPT
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.