Press Release on 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 and full-year FY26 results. Sales value for FY26 stood at Rs. 2,605 crore with Q4 sales of Rs. 714 crore. Collections hit a record Rs. 2,689 crore in FY26, up 11% year-on-year, with Q4 collections at Rs. 834 crore (up 18% YoY). Price realizations reached an all-time high of Rs. 9,601 per sq. ft. in Q4 FY26, a 21% increase YoY. For the full year, realizations averaged Rs. 8,314 per sq. ft., up 7% YoY. Total income for FY26 was Rs. 803 crore. The company noted that reported profitability remained muted due to lower revenue recognition under CCM (Percentage of Completion Method) accounting, which depends on project completion timing. The company also acquired new land parcels in Bhugaon, Pune, with a total GDV of approximately Rs. 2,250 crore.
The muted profitability despite strong operational performance reflects accounting timing rather than business weakness. However, investors should note that FY26 sales moderated year-on-year as new project launches were weighted toward the latter part of the year. The Blackstone strategic partnership (40% stake) and record collections signal a strong operational foundation heading into FY27.