The company reported an EBITDA (earnings before interest, taxes, depreciation and amortisation) loss of ₹45.9 crore during the quarter, compared with an EBITDA loss of ₹27.3 crore in the year-ago period.
Kalpataru’s pre-sales value stood at ₹1,329 crore in Q1 FY27, compared with ₹1,249 crore in Q1 FY26, registering a 6% year-on-year growth. Collections increased 17% year-on-year to ₹1,365 crore from ₹1,165 crore in the corresponding period last year.
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Area sold during the quarter stood at 0.82 million square feet (msf), up 48% year-on-year from 0.56 msf in Q1 FY26. Average sales realisation declined 28% year-on-year to ₹16,177 per square feet from ₹22,476 per square feet. The company’s net debt stood at ₹8,229 crore as of June 30, 2026. The net debt-to-equity ratio was at 2.0 times.
During the quarter, Kalpataru launched luxury residential projects including Kalpataru Vian, Hrushikesh, Lokhandwala and Tower C of Estella at Kalpataru Parkcity, Thane.
The company also signed a Development Agreement (DA) for a society redevelopment project involving around 2.8 acres of land in Kandivali (East), with an estimated gross development value (GDV) of around ₹1,250 crore.
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Parag Munot, Managing Director, Kalpataru Limited, said, “We are pleased to report another quarter of resilient operational performance, with pre-sales of ₹1,329 crore and collections of ₹1,365 crore in Q1 FY27, reflecting sustained demand across our key markets and continued focus on execution. Our collections grew 17% year-on-year, demonstrating healthy customer conversions and strong cash flow generation.
We strengthened our market presence with the strategic launch of our luxury project Kalpataru Vian, Hrushikesh, Lokhandwala, which received an encouraging response, alongside the launch of Tower C at Estella, Kalpataru Parkcity in Thane. We also added a cluster redevelopment project in Kandivali East with a GDV of ₹1,250 crore during the quarter.
Our performance during the quarter reinforces the strength of Kalpataru’s brand, execution capabilities, and disciplined approach to growth. As we move forward, we remain focused on expanding our project pipeline across high-potential micro-markets, enhancing operational efficiencies, and delivering sustained value to our customers and stakeholders while continuing to pursue growth in a prudent and calibrated manner.”
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Shares of Kalpataru Ltd ended at ₹297.10, down by ₹0.10, or 0.034%, on the BSE.
