Kalpataru Limited Reports Record FY26 Pre-Sales of ₹5,280 Crore, Net Profit Up 14x YoY in Q4 FY26

Record Pre-Sales and Profit Surge Underline Kalpataru's Operational Momentum

Real estate developer Kalpataru Limited's net profit grew 14.27 times year-on-year to ₹200.47 crore in Q4 FY26, capping a financial year marked by FY26 pre-sales at an all-time high of ₹5,280 crore, up 17 per cent year-on-year. The results, announced on May 12, 2026, reflect sustained demand and improved project execution across the developer's portfolio.

Q4 Revenue and Profitability

Kalpataru's revenue from operations for the quarter grew 183.76 per cent year-on-year to ₹1,693.73 crore, driven largely by project completions. Q4 FY26 witnessed record pre-sales of ₹1,833 crore, up 6 per cent year-on-year, and collections of ₹1,487 crore, up 41 per cent year-on-year.

Kalpataru's average per square foot realisation in Q4 FY26 stood at ₹15,969, up 6 per cent year-on-year, while its adjusted earnings before interest, taxes, depreciation, and amortisation (Ebitda) stood at ₹612 crore, up 209.09 per cent year-on-year. Ebitda margin improved significantly year-on-year to 14.4 per cent in Q4 FY26 from 7.8 per cent in Q4 FY25.

Full-Year Performance

The company's FY26 revenue grew 54.64 per cent year-on-year to ₹3,435.62 crore. Its profit during the same period surged 4.33 times to ₹93.71 crore.

Project Completions Drive Results

In Q4 FY26, the company received OCs for six towers of Kalpataru Vivant, one phase of Kalpataru Aria (which follows the PCM method of accounting), and one tower of another project. These occupancy certificates signal key project handovers and cash inflows, a critical milestone for both the company and resident buyers at Kalpataru Vivant, the 6.2-acre residential development in Jogeshwari East, Mumbai offering 1, 2, and 3 BHK residences.

Balance Sheet Strengthening

Kalpataru's net debt as on March 31, 2026, stood at ₹8,106 crore, and the net debt-equity ratio stood at 2.0x compared to 3.8x as on March 31, 2025. Strong project completions, disciplined capital allocation, and focused debt reduction initiatives further reinforced the balance sheet, making FY26 our most operationally robust year to date, said Parag Munot, managing director at Kalpataru.

Developer Background

Kalpataru Limited is an integrated real estate development company with over 113 completed projects across Mumbai, Thane, Panvel, Pune, Hyderabad, Indore, Bengaluru, and Jodhpur. Specializing in luxury, premium, and mid-income residential, commercial, and retail developments, it manages all aspects of real estate development, from land acquisition to design, construction, and sales.

Led by Mr. Mofatraj P. Munot, with over five decades of experience, and Mr. Parag M. Munot, with three decades, Kalpataru is known for delivering high-quality projects. The company was founded in 1969 and has built a sustained track record across multiple metro regions in India.