NSEPress Release1d ago · 3 Nov 2026, 08:46 pm
Press Release
Kolte - Patil Developers Limited · KOLTEPATIL
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Kolte-Patil Developers Limited has announced its un-audited results for the quarter and half year ended September 30, 2026, with record total income of Rs. 1,288 crore, highest-ever quarterly and half-yearly pre-sales, and robust collections.
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Growth Catalyst6/10
Governance Concern1/10
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Liquidity Impact9/10
Market Sentiment8/10
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Full Announcement
Kolte - Patil Developers Limited has informed the Exchange regarding a press release dated November 03, 2026, titled "Press release on Q2 & H1 FY27 Financial Results".
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To, To,
The Assistant Manager, The General Manager,
National Stock Exchange of India Limited BSE Limited,
Listing Department, Corporate Relationship Department,
‘Exchange Plaza’, 1st floor, Phiroze Jeejeebhoy Towers,
Bandra Kurla Complex, Bandra (East), Dalal Street,
Mumbai – 400051 Mumbai – 400001
Date: 03 November 2026
Sub: Press release on Q2 & H1 FY27 Financial Results
ISIN(s): Equity: INE094I01018 and Debt: INE094I07049, INE094I07072, INE094I07080 and
INE094I07098.
Ref: NSE Symbol and Series: KOLTEPATIL and EQ
BSE Code and Scrip Code - Equity: 9624 and 532924
BSE Security Code and Security Name – Debt: 1. 974771 and KPDLZC33;
2.976030 and 0KPDL34;
3. 977231 and KPDL161025;
4. 977351 and 0KPDL35.
Dear Sir/Madam,
Please find attached herewith copy of press release on Q2 & H1 FY27 Financial Results.
This is for your information and record.
Thanking you,
For Kolte-Patil Developers Limited
Vinod Patil
Company Secretary and Compliance Officer
Membership No. A13258
Encl: As above
KOLTE-PATIL DEVELOPERS LTD.
CIN: L45200PN1991PLC129428
Pune Regd. Office: 8th Floor, City Bay, CTS NO. 14 (P), 17 Boat Club Road, Pune - 411001, Maharashtra, India. Tel.: + 91 20 6742 9200.
Bangalore Office: No. 501, 5th Floor, Prestige Feroze #74, Cunningham Road, Bengaluru – 560001 Tel: 080-4662-4444.
Web.: www.koltepatil.com Email id: info.kpdl@koltepatil.com
Kolte-Patil Developers Limited – Q2 & H1 FY27 Financial Results
Highest-ever Half-Yearly Total Income: Rs. 1,288 crore in H1 FY27
Healthy EBITDA Margins in H1 FY27: 17%
Highest-ever Quarterly Pre-sales: Rs. 1,019 crore in Q2 FY27, up 52% YoY
Highest-ever Half-Yearly Pre-sales: Rs. 1,636 crore in H1 FY27, up 27% YoY
Strongest-ever Launch Performance: ‘Vyana at The Reserve’, Pune, with Pre-sales of Rs. 616 crore
Robust Collections: Rs. 1,509 crore, up 32% YoY
Landmark Mumbai Expansion: Signed Six Projects Totalling Rs. 6,000 crore in GDV
Pune, November 03, 2026: Kolte-Patil Developers Limited (BSE: 532924, NSE: KOLTEPATIL; KPDL), one of
India’s leading real estate developers with a strong foothold across Mumbai, Pune and Bengaluru, today
announced its un-audited results for the quarter and half year ended September 30, 2026.
Financial & Operational Highlights:
• Record Total Income:
o The Company reported total income of Rs. 352 crore in Q2 FY27, taking H1 FY27 total income to
a record Rs. 1,288 crore, driven by revenue recognition from the completion of ~1.63 Mn. Sq. Ft.
across projects in Pune and Mumbai.
• Healthy EBITDA Performance:
o Reported H1 FY27 EBITDA of Rs. 223 crore and a margin of 17% supported by strong revenue
recognition and favourable project mix with greater contribution from higher-margin Life
Republic developments.
• Highest-ever Quarterly and Half-Yearly Pre-sales:
o The Company recorded its highest-ever quarterly and half-yearly pre-sales of Rs. 1,019 crore and
Rs. 1,636 crore, up 52% and 27% YoY, respectively.
• Robust Collections:
o Collections grew 33% YoY to Rs. 795 crore in Q2 FY27 and 32% YoY to Rs. 1,509 crore in H1 FY27,
reflecting sustained momentum across the portfolio.
Page 1 of 3
• Strongest-ever Launch Performance:
o During Q2 FY27, the Company launched ~1 Mn. Sq. Ft. at ‘Vyana at The Reserve’, in
Vadgaon Pune, generating Rs. 616 crore in pre-sales — its strongest-ever launch
performance, reflecting strong customer response to KPDL’s product proposition.
• Improved Average Realization
o H1 FY27 average realization rose 10% YoY to Rs. 8,368 per sq. ft., driven by strategic price
revisions across projects and a higher contribution from Mumbai projects compared to the
previous year.
• Business Development: Landmark Mumbai Expansion
o The Company added six redevelopment projects in MMR, with an estimated combined GDV of
Rs. 6,000 crore, marking its largest annual business development in the region to date.
Commenting on the performance, Mr. Hrishikesh Parandekar, Chief Executive Officer, Kolte-Patil
Developers Limited, said:
“H1 FY27 has been a landmark period for KPDL, marked by record business performance and significant
portfolio expansion. We achieved record quarterly and half-yearly pre-sales, growing 52% and 27% year-on-
year, respectively, alongside our highest-ever half-yearly total income, reflecting sustained execution across
our development portfolio. ‘Vyana at The Reserve’ in Pune delivered the strongest-ever launch performance
in the Company's history, underscoring the appeal of our product proposition, brand resonance and robust
market demand. We also added six redevelopment projects to our Mumbai portfolio, with a combined GDV of
Rs. 6,000 crore, representing our largest-ever annual business development addition in the MMR market.
These milestones reflect the scale of our business and the progress in translating our development capabilities
into consistent business and financial outcomes. With a robust launch pipeline, good visibility on project
completions and sustained sales traction, we are well positioned to build on our H1 performance and deliver
a strong finish to FY27 across operational and financial parameters.
Over the past few quarters, we have taken deliberate steps to shape KPDL's next phase of growth. This goes
beyond expanding our business to encompass building a future-ready organisation, sharpening our market
positioning and redefining our brand and customer proposition. To support this transition, we have augmented
our management team and are investing in organisational capabilities, with greater emphasis on
accountability, collaboration and execution excellence.
This strategic direction also informs how we approach growth across our three operating geographies, each
offering distinct opportunities. In Pune, we will leverage our established leadership position to deepen our
presence in key micro-markets and respond to evolving customer preferences. Mumbai remains a strategic
priority, with significant potential to scale through multiple development models, particularly in high-demand,
premium micro-markets. In Bengaluru, we will remain selective, pursuing opportunities aligned with our
market positioning and return expectations. Across markets, we will focus on optimising our product mix, with
greater emphasis on marquee developments that enhance portfolio value and reinforce our market
positioning.
Going forward, our focus will remain on disciplined execution, prudent capital allocation and sustainable
returns. With robust governance and sustainability embedded in our approach, we remain committed to
delivering enduring value for all stakeholders.”
Page 2 of 3
About Kolte-Patil Developers Limited:
Kolte-Patil Developers Ltd. (BSE: 532924, NSE: KOLTEPATIL; KPDL), incorporated in 1991, is one of India’s
leading real estate developers, with a strong foothold across Mumbai, Pune and Bengaluru. In FY26, the
Company entered into a strategic partnership with global investment firm Blackstone with the latter acquiring
a 40% stake in the Company following a two-phase transaction involving the preferential allotment of equity
shares and a secondary equity share acquisition from existing promoters.
Kolte-Patil is a trusted name with a reputation for high quality standards, design-uniqueness, corporate
governance, transparency, and timely delivery of projects. The Company has developed and constructed over
82 projects, including residential complexes, integrated townships, commercial complexes, and IT Parks
covering a saleable area of >34 million square feet across Pune, Mumbai and Bengaluru. The Indian Green
Building Council (IGBC) has certified several of the Company’s projects. KPDL markets its projects under two
brands: ’Kolte-Patil’ (addressing the mid-premium/premium segment) and ‘24K’ (addressing the premium
luxury segment).
Consolidating its leadership position in Pune, the Company forayed into the Mumbai Metropolitan Region
market in 2013, focusing on society redevelopment projects that have lower capital intensity. The Company
has signed seventeen projec
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