Kalpataru Limited — PPTs, 12-05-2026: Investor Presentation

Kalpataru Ltd. delivered strong Q4 & FY26 results.

**1. Business Performance:** Q4 FY26 revenue surged to INR 1,694 Cr, with full-year revenue at INR 3,436 Cr (+54.6% YoY). Profit after tax (PAT) jumped to INR 194 Cr in Q4, and INR 80 Cr for FY26. Pre-sales hit INR 5,280 Cr (+17% YoY) and collections reached INR 4,960 Cr (+34% YoY) for the full year, driven by robust residential demand in MMR and Pune.

**2. Growth Drivers & Strategy:** The company is aggressively reducing debt, with Net Debt/Equity improving significantly to 2.0x (from 3.8x last year). A strong pipeline of 31 ongoing and forthcoming projects (~43.3 msf) ensures future growth, with most units priced below INR 3 Cr targeting a broad market.

**3. Recent Developments:** FY26 saw launches of ~1.80 msf of saleable area across new phases and projects. Kalpataru also secured a society redevelopment deal in Andheri (W) with an estimated GDV of ~INR 1,400 Cr. Key for revenue recognition, the company received Occupancy Certificates for ~5.15 msf (around 3,000 apartments) in FY26, a 1.8x increase YoY.

**4. Key Financial Metrics:** FY26 Pre-Sales: INR 5,280 Cr. Sales Collections: INR 4,960 Cr. Net Debt/Equity: 2.0x.

**5. Management Outlook:** Kalpataru plans significant launches in FY27, targeting ~4.92 msf of developable area with an estimated GDV of ~INR 7,770 Cr.