Realty company Kalpataru announced Q3FY26 results Financial Highlights: Revenues from Operations stood at Rs 505 crore in Q3FY26, down by 14% YoY. Adjusted EBITDA stood at Rs 119 crore in Q3FY26, down 42%. Adjusted EBITDA margin stood at 23.6% in Q3FY26. Profit After Tax (PAT) stood at Rs (67) crore Operational Highlights: Pre-Sales value stood at Rs 870 crore against Rs 1,008 crore in Q3FY25, down by 14% YoY. Collections stood at Rs 1,101 crore against Rs 943 crore in Q3FY25, up by 17% YoY. Area sold stood at 0.67 msf against 0.68 msf sold in Q3FY25, down by 1% YoY. Average Sale realization stood at Rs 12,939 per sq.ft. as against Rs 14,903 per sq.ft. in the same period last year, down 13% YoY. Parag Munot, Managing Director, Kalpataru, said: “Q3FY26 was a quarter where our focus remained on improving collections and maintaining execution discipline. During Q3FY26, pre-sales stood at Rs 870 crore, while collections were robust at Rs 1,101 crore reflecting steady customer demand and effective collection efficiency. While pre-sales were impacted by delay in regulatory approvals affecting launch timings, collections remained strong and completions picked up meaningfully. With a diversified portfolio, we believe the business is well positioned for sustained growth ahead. This quarter also saw the launch of two towers at Eternia, Kalpataru Parkcity, Thane, adding approximately 0.48 million sq. ft. of saleable area to our portfolio, reinforcing our launch pipeline.” “Our business fundamentals are supported by a consistent operational framework and disciplined project delivery. A key highlight of our performance in 9MFY26 includes receiving Occupancy Certificates (OC) for 3.52 million square feet area across 6 projects. We also achieved a significant operational milestone by handing over 2,000 apartments to our customers during this period. With a steady pipeline of upcoming launches, we remain focused on maintaining growth and strengthening our performance in the coming quarters.” Result PDF
Conference Call with Kalpataru Ltd. Management and Analysts on Q3FY26 Performance and Outlook. Listen to the full earnings transcript.