Press Release

October 29, 2026 National Stock Exchange of India Limited BSE Limited Exchange Plaza, Plot no. C/1, G Block, Listing Operation Department, Bandra Kurla Complex, Bandra (E), 20th Floor, P.J. Towers, Dalal Street, Mumbai - 400 051 Mumbai – 400 001 Maharashtra, India Maharashtra, India NSE Code: KALPATARU BSE Code: 544423 Dear Sir/Madam, Sub: Press Release Ref: Intimation under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (‘SEBI Listing Regulations’) Please find enclosed Press Release titled as “KALPATARU LTD. DELIVERS STEADY Q2 & H1 FY27 PERFORMANCE” on the Unaudited Standalone and Consolidated Financial Results of the Company for the quarter and half year ended September 30, 2026. This intimation along with the Press Release are also being uploaded on the Company’s website at Kalpataru | Investor Corner. We request you to take the above information on record. Yours faithfully, For Kalpataru Limited Gajendra Mewara Company Secretary & Compliance Officer Enclosed: as above KALPATARU LIMITED CIN No.: L45200MH1988PLC050144 91, Kalpataru Synergy, Opposite Grand Hyatt, Santacruz (E), Mumbai 400 055. India. Tel +91 22 3064 5000 ◼ www.kalpataru.com ◼ investor.cs@kalpataru.com KALPATARU LTD. DELIVERS STEADY Q2 & H1 FY27 PERFORMANCE Pre-sales at ₹1,258 crore | Collections at ₹1,189 crore | H1 FY27 Collections up 9% Mumbai | Thursday, 29th October 2026 | Kalpataru Limited, a leading developer in Mumbai Metropolitan Region (MMR), announced its results today for the quarter and half year ended 30th September 2026. Commenting on the results, Mr. Parag Munot, Managing Director, Kalpataru Limited said:"We delivered a resilient performance during Q2 and H1 FY27, reflecting the strength of our brand, execution capabilities, and continued demand across our key markets. During Q2 FY27, we achieved pre-sales of ₹1,258 crore and collections of ₹1,189 crore, while H1 FY27 pre-sales stood at ₹2,587 crore and collections reached ₹2,554 crore, representing a healthy 9% year-on-year growth in collections. We have completed more than 2,200 units totalling to ~2.37 msf in H1 FY27. This performance underscores our focus on disciplined execution, customer engagement, and cash flow generation." During the quarter, we launched Kalpataru Elaara in Goregaon West, Mumbai, a premium residential development offering well designed 2, 3 and 4-bedroom residences along with an extensive range of lifestyle amenities. The project further strengthens our presence in one of Mumbai's key residential micro-markets, benefiting from strong connectivity and proximity to established social infrastructure. As we move forward, we remain focused on expanding our portfolio in high-potential markets, enhancing operational efficiencies, and delivering superior value to our customers and stakeholders. We are confident that our disciplined growth strategy, strong project pipeline, and customer-centric approach will continue to support sustainable long-term growth.” Commenting on the recent achievement of Kalpataru Limited being among the first real estate developers in Mumbai to adopt Maharashtra Government’s Model Sub-Registration Office (SRO) framework, Mr. Munot added: “At Kalpataru, we have always believed that the homebuying journey should be as seamless and transparent as possible. Our early adoption of the Model SRO framework reflects our commitment to supporting progressive government initiatives that place the customer at the centre. By leveraging technology and improving the property registration process, this initiative makes the experience faster, more efficient and hassle-free for homebuyers. We believe such reforms are an important step towards enhancing ease of doing business, strengthening consumer confidence and setting new benchmarks for customer experience in the real estate sector.” Operational Highlights for Q2 FY27 • Pre-Sales value stood at ₹ 1,258 Crore in Q2 FY27, against ₹ 1,329 Crore in Q2 FY26, down 5% YoY • Collections stood at ₹ 1,189 Crore in Q2 FY27, against ₹ 1,182 Crore in Q2 FY26, flat YoY • Area sold stood at 0.84 msf in Q2 FY27, against 0.78 msf sold in Q2 FY26, up by 7% YoY • Average Sale realization stood at ₹ 15,046 per sq.ft. in Q2 FY27 KALPATARU LIMITED CIN No.: U45200MH1988PLC050144 91, Kalpataru Synergy, Opposite Grand Hyatt, Santacruz (E), Mumbai 400 055. India. Tel +91 22 3064 5000 ◼ Fax +91 22 3064 3131 ◼ www.kalpataru.com ◼ kalpataru.cs@kalpataru.com Operational Highlights for H1 FY27 • Pre-Sales value stood at ₹ 2,587 Crore in H1 FY27, against ₹ 2,577 Crore in H1 FY26, flat YoY • Collections stood at ₹ 2,554 Crore in H1 FY27, against ₹ 2,348 Crore in H1 FY26, up 9% YoY • Area sold stood at 1.66 msf in H1 FY27, against 1.34 msf sold in H1 FY26, up by 24% YoY • Average Sale realization stood at ₹ 15,607 per sq.ft. in H1 FY27 Net Debt • Net Debt as on 30th September 2026 stood at ₹ 8,323 Crore and Net Debt/Equity Ratio stood at 2.1x New Launches During The Quarter • Launched premium residential project Kalpataru Elaara in Goregaon West, Mumbai. • This landmark project features 2, 3 and 4 BHK residences with over 25+ lifestyle amenities. • The project is strategically located on MG Road off Link Road, with excellent connectivity to the Bangur Nagar Metro Station and proximity to leading educational institutions, healthcare facilities and entertainment hubs, Kalpataru Elaara is designed to deliver an enhanced urban living experience Consolidated Financial Performance (As per IND-AS 115) for Q2 & H1 FY27 Company follows a Project Completion Method (PCM) of recognizing revenues for its projects started post April 2022 as a result of which revenue from such projects is recognized only upon obtaining Occupation Certificate (OC) whereas expenses such as Marketing and Corporate Overheads are expensed in the quarter that they incur. Till H1FY27, majority revenue recognized has been from projects which are on Percentage of Completion method (POCM). Out of 19 Ongoing Projects, the company follows PCM in respect to 13 projects, however the cost of marketing & corporate overheads thereof is charged to P&L. During Q2 & H1 FY27, the Company received Occupation Certificates (OC) for projects aggregating to approximately 2.37 msf of area, corresponding to around 2,200+ apartments/units. Consequently, revenue and profitability pertaining to the completed towers/phases have been reflected in the quarter's financial performance. Q2 FY27 • Revenues from Operations stood at ₹ 437 Crore • Adjusted EBITDA stood at ₹ 73 Crore • Adjusted EBITDA margin stood at 16.6% • Profit After Tax (PAT) stood at ₹ (71) Crore H1 FY27 • Revenues from Operations stood at ₹ 909 Crore • Adjusted EBITDA stood at ₹ 167 Crore • Adjusted EBITDA margin stood at 18.4% • Profit After Tax (PAT) stood at ₹ (100) Crore KALPATARU LIMITED CIN No.: U45200MH1988PLC050144 91, Kalpataru Synergy, Opposite Grand Hyatt, Santacruz (E), Mumbai 400 055. India. Tel +91 22 3064 5000 ◼ Fax +91 22 3064 3131 ◼ www.kalpataru.com ◼ kalpataru.cs@kalpataru.com Investor Relations Advait Phatarfod Investor.Relations@kalpataru.com Jeevika Kishnani jeevika.hemani@in.ey.com 9910036240 Media Relations Sunil S Gate Sunil.gate@kalpataru.com About Kalpataru Limited: Kalpataru Limited is one of the largest developers in MMR. Kalpataru Limited focuses on the development of luxury, premium, and aspirational residential, commercial, and retail projects, integrated townships, lifestyle gated communities, and redevelopments. The company has a total of 86 completed projects aggregating to more than 25.1 Million Square Feet (MSF) of Developable Area and 29 Ongoing and Forthcoming projects spread over ~41.7 MSF across Mumbai, Thane, Panvel, Lonavala, Pune, Nagpur, Noida and Hyderabad. Kalpataru Limited benefits from the Kalpataru Group’s 57 years of legacy, reputation and expertise in Real Estate, Construction and Infrastructure sector, along with end-to-end execution capabilities and innovation. Kalpataru [Showing first 8,000 characters — download PDF for full document]