Realty firm Kalpataru Ltd has clocked a 41 per cent growth in its pre-sales to Rs 4,531 crore in the last fiscal, driven by higher demand for residential properties.
Kalpataru Ltd, one of the leading real estate developers in the country, has recently been listed on the stock exchanges.
"For the full FY25, pre-sales were at Rs 4,531 crore, up 41 per cent YoY (year-on-year)," Kalpataru Ltd said in a presentation to analysts and investors.
In 2023-24, the Mumbai-based company sold properties worth Rs 3,202 crore.
In the last fiscal, the company launched 7 new projects, totalling 6.5 million square feet of saleable area.
Last fiscal, Kalpataru Ltd signed development agreements (DA) for two new society redevelopment projects with an estimated GDV (gross development value) of Rs 2,100 crore.
During the entire 2024-25, Kalpataru Ltd posted a net profit of Rs 21.62 crore against a loss of Rs 94.98 crore in the preceding year.
The total income increased to Rs 2,331.59 crore last fiscal from Rs 2,039.93 crore in the 2023-24.
The company's net debt stood at Rs 9,310 crore at the end of March this year, down by Rs 673 crore compared to March 2024.
Kalpataru Ltd raised Rs 1,590 crore in equity through IPO (Initial Public Offering) in June 2025. Out of this, Rs 1,192.5 crore have been utilised for debt repayment as on date in line with the objects of the issue. As a result, the net debt-to-equity number has further improved, the presentation said.
Kalpataru Ltd has completed 77 real estate projects (18.4 million sq ft area). It has 35 ongoing, forthcoming and planned projects with a developable area of 47.3 million square feet.
The company has a significant presence in the Mumbai Metropolitan Region (MMR) and Pune markets.
