Business OverviewCompany 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 PresenceThe company has delivered more than 26 Million sq. Ft. of area across Pune, Bengaluru, and Mumbai.[1]
| S.No. | Name | Current Price (Rs.) | Price to Earning | Market Capitalization (Rs.Cr.) | Dividend yield (%) | Net Profit latest quarter (Rs.Cr.) | YOY Quarterly profit growth (%) | Sales latest quarter (Rs.Cr.) | YOY Quarterly sales growth (%) | Return on capital employed (%) | Sales (Rs.Cr.) | OPM (%) | Profit after tax (Rs.Cr.) | Profit after tax latest quarter (Rs.Cr.) | Price to book value | Return on assets (%) | Debt to equity |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1. | DLF | 703.25 | 45.12 | 174137.94 | 0.85 | 1180.09 | -27.08 | 1643.04 | -16.81 | 6.51 | 9016.03 | 22.47 | 3859.74 | 1007.10 | 4.05 | 7.30 | 0.04 |
| 2. | Lodha Developers | 1110.90 | 33.34 | 110990.74 | 0.38 | 789.80 | 86.50 | 3798.50 | 44.67 | 15.62 | 15597.50 | 29.61 | 3329.50 | 788.70 | 5.21 | 5.70 | 0.45 |
| 3. | Prestige Estates | 1619.50 | 91.08 | 69720.91 | 0.11 | 457.40 | 123.88 | 2431.70 | 5.52 | 7.66 | 7921.90 | 36.60 | 765.50 | 430.30 | 4.41 | 1.15 | 0.92 |
| 4. | Phoenix Mills | 1942.60 | 64.93 | 69468.83 | 0.13 | 384.09 | 39.38 | 1115.43 | 21.51 | 10.75 | 4059.89 | 57.73 | 1069.86 | 303.99 | 6.44 | 6.11 | 0.46 |
| 5. | Godrej Propert. | 2138.20 | 41.59 | 64455.44 | 0.00 | 402.99 | 20.84 | 740.38 | -32.28 | 6.57 | 4265.55 | -18.34 | 1549.83 | 405.08 | 3.52 | 2.67 | 0.89 |
| 6. | Oberoi Realty | 1708.70 | 27.81 | 62098.13 | 0.47 | 760.26 | 28.98 | 1779.04 | 34.79 | 17.73 | 5327.81 | 56.59 | 2233.06 | 760.26 | 3.71 | 10.23 | 0.18 |
| 7. | Brigade Enterpr. | 886.90 | 27.27 | 21688.21 | 0.28 | 170.28 | 36.58 | 1383.37 | 29.03 | 13.34 | 5588.84 | 26.50 | 795.44 | 162.50 | 3.35 | 3.39 | 0.83 |
| 8. | Kolte Patil Dev. | 390.20 | 88.16 | 3457.65 | 0.00 | -7.46 | -177.79 | 116.82 | -57.90 | 7.52 | 929.23 | 4.32 | 39.22 | -7.46 | 2.84 | 1.94 | 0.86 |
| – | Median: 96 Co. | 166.41 | 33.7 | 858.24 | 0.0 | 4.2 | 7.3 | 44.19 | 9.84 | 7.54 | 164.13 | 16.9 | 11.18 | 3.3 | 2.99 | 2.39 | 0.44 |
Standalone figures in ₹ crores
| Dec 2022 | Dec 2023 | Dec 2024 | Jun 2023 | Jun 2024 | Jun 2025 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2022 | Sep 2023 | Sep 2024 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Sales | 340.97 | 20.26 | 294.44 | 249.05 | 64.50 | 56.01 | 407.71 | 207.89 | 461.96 | 40.38 | 101.94 | 277.45 | 116.82 |
Expenses | 350.03 | 49.49 | 255.93 | 238.52 | 90.52 | 83.56 | 342.37 | 256.77 | 400.02 | 54.26 | 113.43 | 257.74 | 149.62 |
Operating Profit | -9.06 | -29.23 | 38.51 | 10.53 | -26.02 | -27.55 | 65.34 | -48.88 | 61.94 | -13.88 | -11.49 | 19.71 | -32.80 |
Other Income | 3.81 | 7.19 | 10.28 | 6.93 | 6.75 | 19.01 | 5.86 | 5.50 | 2.91 | 14.67 | 35.48 | 9.08 | 30.15 |
Profit before tax | -17.48 | -56.20 | 33.85 | 6.73 | -44.88 | -19.50 | 61.30 | -68.03 | 47.77 | -11.48 | 14.60 | 16.35 | -9.56 |
Tax % | -13.50% | -8.27% | 17.78% | 23.18% | -11.07% | -28.46% | 32.50% | -37.07% | 31.34% | -57.84% | -20.07% | 41.35% | -21.97% |
Net Profit | -15.12 | -51.55 | 27.83 | 5.17 | -39.91 | -13.95 | 41.38 | -42.81 | 32.80 | -4.84 | 17.53 | 9.59 | -7.46 |
EPS in Rs | -1.99 | -6.78 | 3.66 | 0.68 | -5.25 | -1.57 | 5.44 | -5.63 | 4.32 | -0.64 | 2.31 | 1.26 | -0.84 |
Standalone Figures in ₹ Crores / Yearly
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Sales | 187 | 168 | 216 | 533 | 671 | 461 | 712 | 502 | 378 | 903 | 579 | 1,089 | 929 |
Expenses | 151 | 125 | 167 | 404 | 501 | 365 | 566 | 473 | 394 | 833 | 658 | 983 | 889 |
Operating Profit | 37 | 43 | 49 | 129 | 170 | 96 | 146 | 29 | -16 | 70 | -79 | 105 | 40 |
Other Income | 44 | 43 | 53 | 43 | 40 | 54 | 33 | 25 | 20 | 29 | 55 | 56 | 62 |
Interest | 27 | 32 | 40 | 43 | 48 | 38 | 53 | 56 | 48 | 37 | 67 | 60 | 36 |
Depreciation | 2 | 4 | 5 | 6 | 6 | 6 | 11 | 9 | 8 | 9 | 12 | 10 | 14 |
Profit before tax | 52 | 50 | 58 | 123 | 156 | 106 | 115 | -11 | -52 | 53 | -102 | 91 | 53 |
Net Profit | 46 | 44 | 45 | 85 | 105 | 78 | 64 | -8 | -57 | 40 | -71 | 69 | 39 |
EPS in Rs | 6.12 | 5.76 | 5.91 | 11.18 | 13.84 | 10.25 | 8.47 | -1.01 | -7.48 | 5.31 | -9.38 | 9.03 | 5.57 |
Dividend Payout % | 51% | 35% | 25% | 14% | 14% | 23% | 0% | 0% | -27% | 75% | -43% | 0% | – |
Standalone figures in ₹ crores
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 76 | 76 | 76 | 76 | 76 | 76 | 76 | 76 | 76 | 76 | 76 | 76 | 89 |
Reserves | 679 | 703 | 648 | 722 | 815 | 729 | 787 | 785 | 729 | 754 | 691 | 731 | 1,128 |
Borrowings | 222 | 249 | 381 | 350 | 286 | 458 | 414 | 455 | 523 | 485 | 1,094 | 1,234 | 1,049 |
Other Liabilities | 266 | 371 | 500 | 555 | 453 | 1,223 | 1,118 | 929 | 1,144 | 1,255 | 1,584 | 1,257 | 3,995 |
Total Liabilities | 1,243 | 1,399 | 1,604 | 1,703 | 1,630 | 2,485 | 2,395 | 2,244 | 2,472 | 2,570 | 3,445 | 3,297 | 6,261 |
Fixed Assets | 14 | 23 | 26 | 26 | 22 | 17 | 32 | 23 | 30 | 38 | 75 | 93 | 172 |
Gross Block | 23.73 | 37.57 | 31.49 | 37.25 | 39.01 | 36.71 | 61.31 | 51.68 | 64.96 | 76.47 | 116.41 | 138.11 | – |
Accumulated Depreciation | 9.26 | 14.51 | 4.99 | 11.17 | 17.14 | 19.59 | 28.92 | 28.19 | 35.46 | 38.08 | 41.76 | 45.26 | – |
CWIP | 5 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 5 | 0 | 0 | 0 |
Investments | 425 | 409 | 266 | 277 | 251 | 320 | 416 | 416 | 421 | 408 | 497 | 444 | 530 |
Other Assets | 799 | 966 | 1,312 | 1,400 | 1,357 | 2,148 | 1,947 | 1,805 | 2,022 | 2,119 | 2,874 | 2,760 | 5,559 |
Total Assets | 1,243 | 1,399 | 1,604 | 1,703 | 1,630 | 2,485 | 2,395 | 2,244 | 2,472 | 2,570 | 3,445 | 3,297 | 6,261 |
Standalone Figures in ₹ Crores / Yearly
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Cash from Operating Activity | -87 | -26 | 34 | 114 | -14 | 38 | 136 | 78 | 82 | 157 | -308 | -46 |
Cash from Investing Activity | 44 | 44 | -47 | -15 | 144 | -185 | 5 | -40 | -45 | -149 | -14 | -33 |
Cash from Financing Activity | 3 | -13 | 15 | -95 | -125 | 123 | -127 | -12 | 21 | -28 | 416 | -47 |
Net Cash Flow | -40 | 4 | 2 | 4 | 5 | -24 | 14 | 25 | 58 | -20 | 94 | -126 |
Standalone Figures in ₹ Crores / Yearly
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 102 | 82 | 108 | 76 | 63 | 81 | 21 | 13 | 7 | 4 | 11 | 7 |
Inventory Days | – | – | – | – | – | 2,187 | 1,164 | 1,287 | 1,940 | 784 | 1,603 | 866 |
Days Payable | – | – | – | – | – | 221 | 131 | 127 | 176 | 101 | 264 | 126 |
Cash Conversion Cycle | 102 | 82 | 108 | 76 | 63 | 2,047 | 1,054 | 1,172 | 1,771 | 687 | 1,350 | 747 |
Working Capital Days | 336 | 402 | 893 | 161 | 329 | 228 | 120 | 156 | 40 | 32 | -132 | -85 |
ROCE % | 8% | 8% | 9% | 15% | 18% | 11% | 13% | 3% | -0% | 7% | -2% | 8% |
Direct from BSE filings, auto-summarised
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Stock Analysis
Kolte-Patil Developers Ltd. is a prominent Pune-based real estate developer with established presence in Mumbai and Bengaluru, known for its residential and commercial projects under 'Kolte-Patil' and '24K' brands.
Order Book: Q3 FY26 Sales Value = ₹605 crore. 9M FY26 Sales Value = ₹1,891 crore. Projects acquired in 9M FY26 have an aggregate GDV of ~₹2,250 crore. New project in Bhugaon, Pune (Jan 2026) has an estimated GDV of ~₹850 crore.
Corporate Announcements
