Kolte Patil Developers Ltd
Business Overview
Company is in real estate business (Residential & Commercial) with dominant presence in the Pune and growing presence in Mumbai and Bengaluru.
Company markets its projects under two brands:
'Kolte-Patil’ (addressing the mid-income segment)
‘24K’ (addressing the premium luxury segment).
[1]
- Market Cap ₹ 4,081 Cr.
- Current Price ₹ 537
- High / Low ₹ 585 / 243
- Stock P/E 54.3
- Book Value ₹ 137
- Dividend Yield 0.74 %
- ROCE 13.4 %
- ROE 10.2 %
- Face Value ₹ 10.0
Pros
- Company is expected to give good quarter
Cons
- Stock is trading at 3.93 times its book value
- The company has delivered a poor sales growth of 1.19% over past five years.
- Company has a low return on equity of 6.46% over last 3 years.
- Company might be capitalizing the interest cost
* 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
Sector: Realty Industry: Construction
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
249 | 727 | 764 | 697 | 754 | 964 | 1,403 | 866 | 1,130 | 692 | 1,117 | 1,488 | 1,642 | |
182 | 535 | 543 | 492 | 555 | 726 | 1,100 | 619 | 896 | 629 | 931 | 1,299 | 1,430 | |
Operating Profit | 68 | 192 | 221 | 204 | 198 | 238 | 303 | 247 | 234 | 62 | 186 | 189 | 212 |
OPM % | 27% | 26% | 29% | 29% | 26% | 25% | 22% | 29% | 21% | 9% | 17% | 13% | 13% |
10 | 37 | 15 | 12 | 17 | 10 | 14 | 11 | 47 | 17 | 12 | 33 | 29 | |
Interest | 26 | 36 | 46 | 44 | 84 | 86 | 99 | 92 | 80 | 70 | 50 | 41 | 83 |
Depreciation | 2 | 6 | 7 | 10 | 15 | 15 | 15 | 15 | 17 | 12 | 10 | 12 | 13 |
Profit before tax | 50 | 186 | 183 | 162 | 116 | 147 | 203 | 151 | 184 | -3 | 138 | 170 | 145 |
Tax % | 28% | 34% | 36% | 37% | 46% | 42% | 24% | 34% | 46% | -22% | 37% | 33% | |
36 | 124 | 117 | 102 | 62 | 85 | 154 | 99 | 100 | -5 | 85 | 112 | 80 | |
EPS in Rs | 4.50 | 14.18 | 12.15 | 8.62 | 7.77 | 11.51 | 16.03 | 9.95 | 9.55 | -0.73 | 10.45 | 13.48 | 9.90 |
Dividend Payout % | 36% | 25% | 25% | 23% | 19% | 14% | 12% | 24% | -0% | -0% | 19% | 30% |
Compounded Sales Growth | |
---|---|
10 Years: | 7% |
5 Years: | 1% |
3 Years: | 10% |
TTM: | 54% |
Compounded Profit Growth | |
---|---|
10 Years: | 0% |
5 Years: | -3% |
3 Years: | 12% |
TTM: | 455% |
Stock Price CAGR | |
---|---|
10 Years: | 18% |
5 Years: | 18% |
3 Years: | 35% |
1 Year: | 118% |
Return on Equity | |
---|---|
10 Years: | 9% |
5 Years: | 7% |
3 Years: | 6% |
Last Year: | 10% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 76 | 76 | 76 | 76 | 76 | 76 | 76 | 76 | 76 | 76 | 76 | 76 | 76 |
Reserves | 645 | 695 | 730 | 766 | 707 | 800 | 908 | 764 | 829 | 818 | 883 | 970 | 962 |
226 | 173 | 337 | 378 | 791 | 762 | 690 | 807 | 747 | 678 | 541 | 561 | 893 | |
544 | 558 | 730 | 846 | 1,198 | 1,225 | 988 | 1,980 | 2,078 | 2,329 | 2,470 | 2,612 | 2,598 | |
Total Liabilities | 1,491 | 1,501 | 1,873 | 2,066 | 2,771 | 2,862 | 2,662 | 3,627 | 3,730 | 3,901 | 3,970 | 4,220 | 4,530 |
55 | 133 | 112 | 119 | 135 | 127 | 118 | 104 | 294 | 286 | 286 | 290 | 331 | |
CWIP | 1 | 5 | 15 | 11 | 2 | 2 | -0 | 0 | 1 | 0 | -0 | 10 | 0 |
Investments | 73 | 8 | 15 | 6 | 3 | 4 | 0 | 3 | 1 | 18 | 61 | 46 | 48 |
1,362 | 1,356 | 1,730 | 1,930 | 2,632 | 2,728 | 2,544 | 3,520 | 3,434 | 3,598 | 3,623 | 3,874 | 4,151 | |
Total Assets | 1,491 | 1,501 | 1,873 | 2,066 | 2,771 | 2,862 | 2,662 | 3,627 | 3,730 | 3,901 | 3,970 | 4,220 | 4,530 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
15 | 208 | -117 | 34 | 36 | 143 | 230 | 67 | 335 | 324 | 355 | 192 | |
3 | -46 | -37 | 0 | -137 | 38 | 38 | 16 | -69 | -155 | -115 | -45 | |
-13 | -97 | 98 | -53 | 119 | -171 | -254 | -119 | -227 | -137 | -206 | -68 | |
Net Cash Flow | 5 | 66 | -56 | -19 | 18 | 10 | 13 | -36 | 39 | 32 | 34 | 79 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 65 | 38 | 41 | 53 | 71 | 67 | 48 | 45 | 20 | 17 | 8 | 7 |
Inventory Days | 1,374 | 2,106 | 1,341 | 970 | ||||||||
Days Payable | 143 | 214 | 136 | 125 | ||||||||
Cash Conversion Cycle | 65 | 38 | 41 | 53 | 71 | 67 | 48 | 45 | 1,251 | 1,910 | 1,213 | 851 |
Working Capital Days | 1,184 | 358 | 401 | 534 | 696 | 361 | 307 | 351 | 233 | 388 | 206 | 151 |
ROCE % | 7% | 19% | 19% | 15% | 12% | 12% | 16% | 14% | 16% | 4% | 13% | 13% |
Documents
Announcements
- Certificate Under Regulation 40(9) Of SEBI (LODR) Regulations, 2015 For The Year Ended 31 March 2024 7h
- Compliance Certificate Under Regulation 7(3) Of The SEBI (LODR) Regulation, 2015 For The Financial Year Ended 31St March 2024 2d
- Operational Update For Q4 & FY24 12 Apr
- Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 8 Apr
- Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 1 Apr
Annual reports
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2012
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Financial Year 2011
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Financial Year 2011
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Concalls
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Feb 2024Transcript PPT
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Nov 2023Transcript PPT
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Aug 2023Transcript PPT
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Jun 2023Transcript PPT
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Feb 2023Transcript PPT
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Nov 2022Transcript PPT
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Aug 2022Transcript PPT
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Jun 2022Transcript PPT
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Feb 2022TranscriptNotesPPT
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Oct 2021Transcript PPT
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Aug 2021Transcript PPT
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May 2021Transcript PPT
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Nov 2020TranscriptNotesPPT
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Aug 2020TranscriptNotesPPT
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Feb 2020TranscriptNotesPPT
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Nov 2019TranscriptNotesPPT
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Jan 2018TranscriptNotesPPT
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Apr 2017TranscriptNotesPPT
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Sep 2016TranscriptPPT
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Jun 2016TranscriptPPT
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Feb 2016TranscriptPPT
Market Presence
The company has delivered more than 26 Million sq. Ft. of area across Pune, Bengaluru, and Mumbai. [1]