NSE: KOLTEPATIL | BSE: 532924

Momentum Trap

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331.85 -4.35 (-1.29%)

37.86% Fall from 52W High

87,808 NSE+BSE Volume

NSE 09 May, 2025 3:31 PM (IST)

2,522.2

Market Cap

High in industry

0.8

Beta 1Year

Low volatility

Kolte-Patil Developers Ltd. share price target and research reports

Latest analyst research reports with target prices and PDF download for KOLTEPATIL, BSE:532924 Kolte-Patil Developers Ltd.

Kolte-Patil Developers Ltd.

31 Jan 2019

331.85

-1.29%

Kolte Patil Developers (3QFY19): Pre-sales momentum continues. Maintain BUY

Buy: Kolte-Patil Developers Ltd.

HDFC Securities

We maintain BUY with a NAV based TP of Rs 314/sh. Adjusting for IND AS 115 effects (Revenue/APAT is lower by Rs 2.1/0.5bn vs. POCM), 3QFY19 Revenue/EBITDA/ PAT beat/(miss) stood (19.3)/5.2/(31.5)% vs. our est. High share of affordable Ivy Estate (38% vs 16/14% YoY/QoQ) and Life Republic (~25% share in volume) brought down pre-sales realization to Rs 5,196/sqft.

Kolte-Patil Developers Ltd.'s price crossed below 30Day SMA today

Kolte-Patil Developers Ltd.

29 Oct 2018

331.85

-1.29%

Kolte Patil Developers (2QFY19): Robust pre-sales to drive re-rating. Maintain BUY

Buy: Kolte-Patil Developers Ltd.

Recommendation Target

HDFC Securities

We maintain BUY with a NAV based TP of 314/sh. Due to IND AS 115, 2QFY19 revenue of Rs 2.1bn is lower by Rs 419.8mn (higher by Rs 693.6bn for 1HFY19). Revenue de-grew 7% YoY after adjustment for Wakad land sale and came in at 31% below estimate. High share of MIG/ Township (32/55%) bought down realizations to Rs 5,223/sqft.

Kolte-Patil Developers Ltd.'s price crossed below 30Day SMA today

Kolte-Patil Developers Ltd.

18 Aug 2018

331.85

-1.29%

Kolte Patil Developers (1QFY19): Launches to drive momentum. Maintain NEUTRAL

Neutral: Kolte-Patil Developers Ltd.

HDFC Securities

Due to limited upside we maintain NEU with a NAV based TP of 315/sh. Kolte Patil Developers Ltd. (KPDL) had to adjust Rs 2.2bn (net) in retained earnings on transition to IND AS 115. 1QFY19 Revenue came in at Rs 3.9bn (+43.3 YoY, +78.9% QoQ). Due to IND AS 115, revenue is higher by Rs 1.1bn. Pre-Sales were majorly driven by Stargaze, Ivy Estate, Life Republic, Downtown and Bengaluru projects.

Kolte-Patil Developers Ltd. is trading above its 100 day SMA of 319.3

Kolte-Patil Developers Ltd.

24 May 2018

331.85

-1.29%

Kolte Patil Developers (4QFY18): Recovery priced in. Maintain NEUTRAL

Neutral: Kolte-Patil Developers Ltd.

Recommendation Target

HDFC Securities

We maintain NEU with a NAV based TP of 315/sh. Kolte Patil Developers Ltd. (KPDL) delivered strong 4QFY18 revenue growth of 43.3% YoY. FY18 revenue was Rs12.2bn (+26.5%) driven by first time recognition in R1 sector of Life Republic; Western Avenue, Ivy Estate and Mumbai projects.

Kolte-Patil Developers Ltd. is trading below its 30 day SMA of 334.0

Kolte-Patil Developers Ltd.

15 Feb 2018

331.85

-1.29%

Kolte Patil Developers (3QFY18): Strong show. Maintain SELL

Sell: Kolte-Patil Developers Ltd.

Recommendation Target

HDFC Securities

We maintain SELL on KPDL with NAV based TP to Rs 312/sh. Kolte Patil Developers Ltd. (KPDL) delivered strong 3QFY18 revenue growth of 17.8% YoY, lead by year end sales promotions in key projects viz. Life Republic, Ivy Estate, Western Avenue & Downtown. KPDL has achieved 0.6mn sqft of pre-sales during 3QFY18 and guided for sustaining the pre-sales momentum in Q4FY18E.

Kolte-Patil Develope.. has an average target of 525.00 from 1 broker.

Kolte-Patil Developers Ltd.

07 Nov 2017

331.85

-1.29%

Kolte Patil Developers (2QFY18): Resilient show. Maintain NEUTRAL

Neutral: Kolte-Patil Developers Ltd.

Recommendation Target

HDFC Securities

We maintain NEU, increase NAV-based TP to Rs 253/sh (vs Rs 195/sh earlier) Aided by the revenue mix tilting towards high-margin projects, Kolte Patil Developers Ltd (KPDL) delivered strong EBIDTA margin of 31.2%(+593bps YoY). This led to 53.2% APAT. KPDLs pre-sales rebounded 44% QoQ to 0.59mn sqft, in-line with the last 12 quarters average run-rate of 0.58mn sqft. We have excluded the Wakad land sale consideration of Rs 1.6bn from revenue and costs. KPDL received Rs 0.4bn and the balance Rs 1.2bn was used for the repayment of structured loans availed for the Wakad land purchase. Hence, no meaningful debt reduction is reflected in the BS.

Kolte-Patil Develope.. has an average target of 525.00 from 1 broker.

Kolte-Patil Developers Ltd.

07 Jun 2017

331.85

-1.29%

Kolte Patil Developers (4QFY17): Strong recovery. Upgrade to BUY

Buy: Kolte-Patil Developers Ltd.

Target

HDFC Securities

Kolte Patil Developers Ltd. (KPDL) delivered strong 4QFY17 revenue growth of 62.5% YoY. Outperformance was led by Life Republic, Mirabillis and Corolla projects. The impact of demonetization seems to be largely behind with KPDL pre-sales rebounding 72% QoQ to 0.55mn sqft (last 12 quarters average run-rate).

Kolte-Patil Developers Ltd.'s price crossed below 30Day SMA today

Kolte-Patil Developers Ltd.

07 Dec 2016

331.85

-1.29%

Kolte Patil Developers (2QFY17): Looking ahead. Maintain BUY

Buy: Kolte-Patil Developers Ltd.

Target

HDFC Securities

Kolte Patil Developers Ltd. (KPDL) delivered 2QFY17 Revenue, EBIDTA & Net Profit, 19.6/(2.0)/0.1% ahead of our estimate. Tuscan and Jazz were key project driving revenue growth. The impact of demonetization would reflect in 2HFY17E. Accordingly, we have re-calibrated our FY17-18E EPS estimate 5-21% lower to factor in the same.

Kolte-Patil Developers Ltd. has lost -32.83% in the last 1 Year

Kolte-Patil Developers Ltd.

26 Sep 2016

331.85

-1.29%

Kolte Patil Developers (Update): Eyeing A Comeback. Maintain BUY

Buy: Kolte-Patil Developers Ltd.

Target

HDFC Securities

Over last 1-yr, Kolte Patil Developers Ltd (KPDL) has underperformed BSE Realty Index by ~40%. Exit of incumbent CEO, change in top leadership and weak real estate markets impacted new launches, resulting in KPDL achieving lowest presales (FY16 - 2mn sqft) in last 5yrs.

Kolte-Patil Developers Ltd. is trading below its 30 day SMA of 334.0

Kolte-Patil Developers Ltd.

06 Nov 2015

331.85

-1.29%

Kolte Patil Developers (2QFY16): Muted performance. Maintain BUY

Buy: Kolte-Patil Developers Ltd.

Target

HDFC Securities

Kolte Patil Developers Ltd (KPDL) reported muted 2QFY16 results because of delay in revenue recognition in a few projects. Pickup in real estate sentiment will augur well for the company and result in strong pre-sales momentum.

Kolte-Patil Developers Ltd. has lost -32.83% in the last 1 Year

Is Kolte-Patil Developers Ltd. worth buying?

83 Votes:

Buy 77.11%

Sell 13.25%

Hold 9.64%

RESEARCH REPORTS

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Buy SEE REPORTS >

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