What we do Kalpataru Limited is a leading integrated real estate developer focusing on luxury, premium, and mid-income residential, commercial, retail projects, and townships primarily in Mumbai Metropolitan Region and Pune. |
Founded in 1,988 |
Market share Among top 5 real estate developers in Mumbai, with diversified portfolio across key micro-markets and strong pre-sales and collections growth. |
Problem solved Provides high-quality residential and commercial spaces addressing urban housing needs with timely delivery and sustainable developments. |
Top clients or who we serve Serves individual homebuyers and commercial clients mainly in MMR, Pune, and select Indian cities; operates in B2C and B2B real estate segments. |
Key management Mr. Parag M. Munot (Managing Director) |
Our journey and innovations Since 1988, completed 83 projects (~23.3 msf), launched 29 projects (~41.2 msf), IPO raised Rs 1590 Cr in 2025, focused on sustainable green building certifications. |
Where we operate Mumbai Metropolitan Region, Pune, Hyderabad, Nagpur, with presence in other Indian regions. |
Top products or what we offer Luxury and mid-income residential complexes, commercial offices, retail malls like Korum Mall, integrated townships, and redevelopment projects. |
Top brands Kalpataru Parkcity (integrated township), Korum Mall (retail), Kalpataru Aura, Kalpataru Woodsville, Kalpataru Bliss. |
Raw materials needed Construction raw materials including cement, steel, concrete, finishing materials. |
Raw materials supplier Various construction material suppliers and vendors in Maharashtra and surrounding regions. |
Recurring vs cyclical contribution Revenue is predominantly cyclical, driven by project launches and sales but supported by recurring rental income from annuity portfolio. |
Our industry position Strong market position as a top-tier developer in MMR with significant land bank and ongoing projects, backed by improved financial metrics post IPO. |
Financial highlights FY25 consolidated revenue ₹2,222 Cr; profit after tax ₹25 Cr; pre-sales ₹4,531 Cr; collections ₹3,659 Cr; improved EBITDA margin to ~30%. |
Geographical revenue split Primarily Maharashtra (Mumbai, Thane, Pune), with emerging presence in Hyderabad and Nagpur. |
Order book Portfolio comprises 20 ongoing projects covering ~23.8 msf with GDV potential ~₹34,600 Cr. |
Whats driving growth Strong pre-sales, collections, improved debt-equity post IPO, focus on premium/mid-income housing, and timely project delivery. |
Our future plans Launch more projects targeting ~7,000 Cr pre-sales in FY26; expansion in redevelopment and township segments; reducing net debt further. |
Our green promise Focus on sustainable building practices with IGBC certifications, energy and water efficiency measures implemented across projects. |
Our people and values Employee base approx 130 with diverse talent; emphasis on governance, transparency, and stakeholder engagement. |
Key challenges ahead Regulatory delays affecting project launches, competition, and balancing debt reduction with growth investments. |
Interesting facts 56 years legacy; IPO in 2025 raised ₹1,590 Cr; member of Indian Green Building Council; multiple award-winning projects. |
Risks and strategy Risks from market cyclicity and regulatory changes mitigated via strong balance sheet, diversified portfolio, and strategic land acquisition. |
