Kalpataru Ltd. share price target

We initiate coverage on Kalpataru (KL) with BUY and SOTP-based TP of Rs420. KL is an established integrated real estate developer focusing on the Mumbai Metropolitan Region (MMR) and Pune, where it has strong recall and diversified pricing points.

With a diversified portfolio, presence over 73 countries, delivering world class engineering solutions to its clients with experienced team to successfully deliver complex one-of-a-kind projects. Its revenue grew 12.5% CAGR (FY22-25) whereas, EBITDA & PAT grew by 16.5% CAGR & 13.9% CAGR respectively over the same period Q3FY26 performance: KPIL reported a strong consolidated performance in Q3FY26, with revenue rising 16% YoY to 6,665 crore, driven by robust execution across T&D, Buildings & Factories, Oil & Gas and Urban Infrastructure. EBITDA increased 7% YoY to...

With a diversified portfolio, presence over 73 countries, delivering world class engineering solutions to its clients with experienced team to successfully deliver complex one-of-a-kind projects. Its revenue grew 12.5% CAGR (FY22-25) whereas, EBITDA & PAT grew by 16.5% CAGR & 13.9% CAGR respectively over the same period Q2FY26 performance: Consol. revenue grew 32% to 6529 crore, EBTIDA at 562 crore up 28% YoY and PAT at 237 crore up 89% YoY. EBITDA and PAT margins at 8.6% and 3.6% which expanded -29 bps and +109 bps YoY. EBITDA...

We recommend a BUY on Kalpataru Projects International Ltd. with a Target Price of Rs 1,470/share, offering an upside potential of 18% from CMP.

Kalpataru Limited is a fully integrated real estate developer based in Mumbai, operating across the entire value chain; from land acquisition and design to execution, sales, and marketing. The company offers a diverse mix of luxury, premium, and mid income residential projects, as well as commercial, retail, township, gated community, and redevelopment developments. Its current portfolio includes 40 ongoing, forthcoming, and planned projects covering approximately 49.77mn square feet. Additionally, the company holds a leadership position in the Mumbai Metropolitan Region and Pune, and is expanding its...

Company is an integrated real estate development company involved in all key activities associated with real estate development, including the identification and acquisition of land (or development rights thereto), planning, designing, execution, sales, and marketing of its projects. Company is a prominent real estate developer in the Mumbai Metropolitan Region (MMR) in Maharashtra and are present across all micro-markets in the MMR . For the calendar year 2019 to December 31, 2024, the...

Kalpataru Limited (KPL), founded in 1988, is a real estate development company based in Mumbai, Maharashtra. It specializes in developing residential and commercial properties, retail spaces, and integrated townships across several Indian cities, including Mumbai, Thane, Panvel,...

Kalpataru Ltd., founded in 1988, is a real estate development company based in Mumbai Metropolitan Region (MMR). The company mainly focuses on development of luxury, premium and mid-income residential, commercial and retail projects, integrated townships, lifestyle gated communities, and redevelopments across Indian cities. Kalpataru Ltd. is a part of the Kalpataru Group, which includes companies across the construction and infra sector. Association with the Kalpataru Group helps the company enhance its reputation and enables it to derive synergies in terms of expertise and experience. As of...

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