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Kalpataru Ltd Q3 FY26 Results

KALPATARUQ3 FY26 Results
Filing
MetricValue ( Cr)vs Q2 FY26
Revenue504.9236.4%
Total Income535.5834.3%
Expenditure606.6425.1%
PBT-78.761537.2%
Net Profit-67.041451.6%
OPM-16.31%17.15pp
NPM-12.52%13.13pp
EPS3.051073.1%
View full financials

Kalpataru Ltd Reports Q3 & 9M FY26 Results: Pre-sales at INR 870 Cr, Collections at INR 1,101 Cr

06 Feb 2026 · 6 Feb, 9:52 pm

Summary

Kalpataru Ltd, a leading developer in Mumbai Metropolitan Region, announced its results for the quarter & nine months ended 31st December 2025. Despite a 14% YoY decrease in Q3 pre-sales, collections were robust at INR 1,101 Cr, up 17% YoY. The company received Occupancy Certificates for 3.52 million square feet area across 6 projects and handed over 2,000 apartments to customers in 9M FY26.

Key Highlights

  1. 1

    Pre-sales for Q3 FY26 stood at INR 870 crore

  2. 2

    Collections were robust at INR 1,101 crore, up 17% YoY

  3. 3

    Area sold stood at 0.67 msf against 0.68 msf sold in Q3 FY25, down by 1% YoY

  4. 4

    Average Sale realization stood at INR 12,939 per sq.ft. as against INR 14,903 per sq.ft. in the same period last year, down 13% YoY

  5. 5

    Net Debt as on 31st December 2025 stood at INR 8,269 Cr and Net Debt/Equity Ratio stood at 2.1x as compared to 3.8x as on 31st March 2025

  6. 6

    Revenues from Operations stood at INR 505 Cr in Q3 FY26, down by 14% YoY

  7. 7

    Adjusted EBITDA stood at INR 119 Cr in Q3 FY26, down 42%

  8. 8

    Profit After Tax (PAT) stood at INR (67) Cr in 9M FY26

  9. 9

    Received Occupancy Certificates (OC) for 3.52 million square feet area across 6 projects

  10. 10

    Handed over 2,000 apartments to customers during 9M FY26

Management Comments

M

Mr. Parag Munot

Q3 FY26 was a quarter where our focus remained on improving collections and maintaining execution discipline. During Q3FY26, pre-sales stood at INR 870 crore, while collections were robust at INR 1,101 crore reflecting steady customer demand and effective collection efficiency. While pre-sales were impacted by delay in regulatory approvals affecting launch timings, collections remained strong and completions picked up meaningfully. With a diversified portfolio, we believe the business is well positioned for sustained growth ahead.

Informational and educational content only. Not investment advice.