Kalpataru Ltd
Founded in 1988, Kalpataru Limited is a real estate development company based in Mumbai, Maharashtra.[1]
- Market Cap ₹ 5,033 Cr.
- Current Price ₹ 244
- High / Low ₹ 410 / 239
- Stock P/E 41.0
- Book Value ₹ 200
- Dividend Yield 0.00 %
- ROCE 1.27 %
- ROE 2.73 %
- Face Value ₹ 10.0
Pros
- Company is expected to give good quarter
- Company has delivered good profit growth of 29.1% CAGR over last 5 years
- Debtor days have improved from 91.8 to 68.3 days.
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of -0.20% over last 3 years.
- Company might be capitalizing the interest cost
- Earnings include an other income of Rs.121 Cr.
* 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 1000 BSE Consumer Discretionary
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|
| 1,359 | 1,111 | 990 | 3,633 | 1,930 | 2,222 | 3,436 | 3,465 | |
| 1,257 | 1,040 | 1,038 | 3,713 | 2,058 | 2,165 | 3,317 | 3,363 | |
| Operating Profit | 103 | 71 | -48 | -80 | -129 | 57 | 119 | 101 |
| OPM % | 8% | 6% | -4.9% | -2.2% | -7% | 2.5% | 3.5% | 2.9% |
| 238 | 288 | 248 | 83 | 110 | 110 | 93 | 121 | |
| Interest | 359 | 381 | 306 | 130 | 34 | 53 | 70 | 59 |
| Depreciation | 38 | 33 | 33 | 32 | 33 | 38 | 46 | 47 |
| Profit before tax | -57 | -55 | -140 | -159 | -86 | 76 | 96 | 117 |
| Tax % | -19% | -3% | -6% | 45% | 26% | 67% | 17% | |
| -43 | -57 | -131 | -229 | -108 | 25 | 80 | 103 | |
| EPS in Rs | -3.10 | -4.06 | -9.37 | -14.56 | -6.80 | 1.29 | 4.55 | 5.66 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 25% |
| 3 Years: | -2% |
| TTM: | 62% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 29% |
| 3 Years: | 35% |
| TTM: | 553% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | -36% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | -4% |
| 3 Years: | 0% |
| Last Year: | 3% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 140 | 140 | 140 | 140 | 140 | 167 | 206 |
| Reserves | 1,224 | 1,164 | 1,294 | 1,076 | 880 | 2,314 | 3,911 |
| 6,027 | 7,374 | 10,366 | 9,680 | 10,688 | 10,172 | 9,168 | |
| 966 | 1,172 | 1,616 | 1,639 | 2,163 | 3,722 | 4,398 | |
| Total Liabilities | 8,356 | 9,850 | 13,415 | 12,534 | 13,871 | 16,375 | 17,682 |
| 647 | 725 | 699 | 682 | 639 | 767 | 702 | |
| CWIP | 214 | 110 | 121 | 131 | 146 | 105 | 109 |
| Investments | 734 | 735 | 77 | 86 | 93 | 116 | 187 |
| 6,761 | 8,280 | 12,519 | 11,636 | 12,993 | 15,387 | 16,685 | |
| Total Assets | 8,356 | 9,850 | 13,415 | 12,534 | 13,871 | 16,375 | 17,682 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| 871 | 757 | 402 | 2,139 | 376 | 488 | 848 | |
| 53 | -41 | 104 | -32 | -132 | -35 | -142 | |
| -771 | -645 | -422 | -2,101 | -300 | -644 | -577 | |
| Net Cash Flow | 153 | 71 | 84 | 6 | -56 | -190 | 130 |
| Free Cash Flow | 863 | 744 | 385 | 2,123 | 391 | 449 | 742 |
| CFO/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit | 893% | 1,108% | -947% | -2,670% | -317% | 904% | 816% |
Ratios
Consolidated / View Standalone
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Debtor Days | 147 | 187 | 249 | 48 | 118 | 89 | 68 |
| Inventory Days | 1,458 | 2,186 | 4,452 | ||||
| Days Payable | 98 | 101 | 122 | ||||
| Cash Conversion Cycle | 1,507 | 2,272 | 4,579 | 48 | 118 | 89 | 68 |
| Working Capital Days | 614 | 598 | 934 | 291 | 632 | 690 | 499 |
| ROCE % | 4% | 2% | -0% | -1% | 1% | 1% |
Insights
In beta| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|
| Area Sold msf |
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| Average Realization INR per sq ft |
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| Developable Area of Ongoing Projects msf |
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| New Project Launches (Saleable Area) msf |
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| Number of Ongoing Projects count |
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| Pre-Sales INR cr |
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| Sales Collections INR cr |
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| Area Delivered (OC Received) msf |
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Extracted by Screener AI
Documents
Announcements
-
Board Meeting Intimation for Consideration And Approval Of The Unaudited Standalone And Consolidated Financial Results For The Quarter And Half Year Ended September 30, 2026
- Board meeting on October 29, 2026 to approve Q2 and half-year FY2026-27 results.
-
Announcement Under Regulation 30 (LODR) - Disclosure With Regard To Show Cause-Cum Demand Notice Received From GST Department By The Wholly Owned Subsidiary - Kalpataru Properties Limited
- Subsidiary received GST show-cause demand notice for Rs. 73.85 crore on October 15, 2026.
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
- Certificate under Regulation 74(5) of SEBI (DP) Regulations, 2018 for the Quarter ended September 30, 2026
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Key Operational Updates For The Quarter And Half Year Ended On September 30, 2026
- H1 pre-sales 2,587 Cr, collections 2,554 Cr; Q2 launch of Kalpataru Elaara in Goregaon West.
-
Closure of Trading Window
- Trading window closed from October 1, 2026 until 48 hours after Q2 FY2027 results.
Concalls
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Aug 2026Transcript PPT REC
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May 2026Transcript PPT REC
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Feb 2026Transcript PPT
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Nov 2025Transcript PPT REC
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Aug 2025PPT
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Jul 2025PPT
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.