Kolte - Patil Developers Limited has informed the Exchange regarding a press release dated May 22, 2026, titled "Q4 & FY26 Financial Results".
KOLTEPATIL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Kolte-Patil Developers reported Q4 & FY26 results with total income of Rs. 803 Cr for FY26 and Rs. 262 Cr for Q4. Sales value stood at Rs. 2,605 Cr for FY26, moderated YoY due to major launches (4.6 Mn. Sq. Ft.) concentrated in latter part of the year. Collections hit a record Rs. 2,689 Cr in FY26, up 11% YoY, growing at a 4-year CAGR of 14%. Price realizations reached historic highs at Rs. 9,601/sq.ft. in Q4 (up 21% YoY) and Rs. 8,314/sq.ft. for FY26 (up 7% YoY). The company acquired two land parcels in Bhugaon, Pune totaling ~3 Mn. Sq. Ft. with GDV of ~Rs. 2,250 Cr, taking total portfolio to ~37 Mn. Sq. Ft. Blackstone onboarded as 40% strategic partner, bringing governance enhancements. Reported profitability remained muted due to CCM-based revenue recognition timing.
The strong collections growth and record price realizations demonstrate operational strength despite softer sales value. The muted profitability from accounting timing is a temporary effect. The Blackstone partnership and land acquisitions position the company for growth, though near-term revenue recognition patterns may keep profitability subdued in FY27.