Kalpataru Ltd
Founded in 1988, Kalpataru Limited is a real estate development company based in Mumbai, Maharashtra.[1]
- Market Cap ₹ 7,122 Cr.
- Current Price ₹ 346
- High / Low ₹ 458 / 257
- Stock P/E
- Book Value ₹ 199
- Dividend Yield 0.00 %
- ROCE 2.74 %
- ROE -0.44 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
Cons
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -19.1% over past five years.
- Company has a low return on equity of 1.44% over last 3 years.
- Contingent liabilities of Rs.7,324 Cr.
- Earnings include an other income of Rs.161 Cr.
- Working capital days have increased from 3,930 days to 6,711 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
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 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| 678 | 605 | 613 | 344 | 293 | 283 | 210 | |
| 579 | 547 | 295 | 281 | 202 | 226 | 193 | |
| Operating Profit | 98 | 57 | 318 | 63 | 91 | 57 | 16 |
| OPM % | 14% | 9% | 52% | 18% | 31% | 20% | 8% |
| 184 | 263 | 12 | 328 | 271 | 254 | 161 | |
| Interest | 247 | 277 | 289 | 322 | 212 | 250 | 184 |
| Depreciation | 25 | 22 | 22 | 20 | 19 | 19 | 21 |
| Profit before tax | 10 | 22 | 19 | 49 | 131 | 41 | -28 |
| Tax % | 32% | 28% | 122% | 41% | 38% | 44% | -42% |
| 7 | 16 | -4 | 29 | 82 | 23 | -16 | |
| EPS in Rs | 0.50 | 1.13 | -0.30 | 2.08 | 5.85 | 1.39 | -0.79 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | -19% |
| 3 Years: | -15% |
| TTM: | -26% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | -163% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 1% |
| 3 Years: | 1% |
| Last Year: | 0% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 140 | 140 | 140 | 140 | 140 | 167 | 206 |
| Reserves | 925 | 942 | 938 | 964 | 972 | 2,408 | 3,897 |
| 2,533 | 2,500 | 2,941 | 2,664 | 2,981 | 2,738 | 2,128 | |
| 392 | 443 | 363 | 391 | 443 | 1,135 | 1,479 | |
| Total Liabilities | 3,990 | 4,024 | 4,382 | 4,158 | 4,536 | 6,448 | 7,711 |
| 338 | 451 | 430 | 411 | 395 | 388 | 298 | |
| CWIP | 114 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 814 | 815 | 98 | 98 | 98 | 101 | 160 |
| 2,724 | 2,758 | 3,855 | 3,649 | 4,044 | 5,959 | 7,254 | |
| Total Assets | 3,990 | 4,024 | 4,382 | 4,158 | 4,536 | 6,448 | 7,711 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| 222 | 513 | 689 | 237 | 24 | 205 | -45 | |
| 64 | -227 | -850 | 420 | -39 | -1,109 | -660 | |
| -278 | -329 | 150 | -619 | -3 | 710 | 687 | |
| Net Cash Flow | 8 | -42 | -12 | 38 | -18 | -194 | -17 |
| Free Cash Flow | 204 | 493 | 686 | 236 | 22 | 192 | -87 |
| CFO/OP | 254% | 951% | 227% | 343% | 72% | 364% | -47% |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Debtor Days | 206 | 178 | 162 | 161 | 162 | 140 | 142 |
| Inventory Days | 1,080 | 248 | 496 | 626 | |||
| Days Payable | 65 | 37 | 71 | 62 | |||
| Cash Conversion Cycle | 1,221 | 389 | 587 | 725 | 162 | 140 | 142 |
| Working Capital Days | 1,212 | 760 | 793 | 1,407 | 1,963 | 3,117 | 6,711 |
| ROCE % | 8% | 8% | 10% | 9% | 6% | 3% |
Insights
In beta| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| Area Sold msf |
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| Average Realization INR per sq ft |
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| Pre-Sales Value INR Cr |
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| Sales Collections INR Cr |
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| Units Sold Nos |
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| Ongoing Projects Developable Area msf |
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| Completed Projects Area Deliveries msf |
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Extracted by Screener AI
Documents
Announcements
- Announcement under Regulation 30 (LODR)-Newspaper Publication 2h
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Intimation Under Regulation 30 And 46 Of SEBI Listing Regulations - Audio Recording Of The Earning Conference Call
2h - Audio recording released for FY26 audited financial results earnings call held May 13, 2026.
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
3h - Kalpataru concluded its May 13, 2026 earnings call on FY26 audited results.
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Announcement under Regulation 30 (LODR)-Change in Management
23h - Secretarial Auditor Yogesh Singhvi resigned effective May 12, 2026, citing pre-occupation and professional commitments.
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Announcement under Regulation 30 (LODR)-Monitoring Agency Report
23h - CARE Ratings reports March 31, 2026 IPO proceeds monitoring with nil deviation and 1,579.06 crore utilized.
Concalls
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May 2026TranscriptAI SummaryPPT
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Feb 2026Transcript PPT
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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.