Kalpataru Ltd has achieved a remarkable 41 percent increase in its pre-sales, reaching Rs 4,531 crore in the previous fiscal year, fueled by a surge in demand for residential properties. Kalpataru Ltd, recognized as one of the foremost real estate developers in the nation, has recently made its debut on the stock exchanges.
For the complete fiscal year 2025, pre-sales amounted to Rs 4,531 crore, reflecting a 41 percent year-on-year growth,stated Kalpataru Ltd in a presentation directed at analysts and investors. In the fiscal year 2023-24, the Mumbai-based firm recorded property sales totaling Rs 3,202 crore. During the last fiscal year, the company introduced 7 new projects, encompassing a total of 6.5 million square feet of saleable area.
Additionally, Kalpataru Ltd entered into development agreements (DA) for two new society redevelopment projects, with an estimated gross development value (GDV) of Rs 2,100 crore. Throughout the entire fiscal year 2024-25, Kalpataru Ltd reported a net profit of Rs 21.62 crore, a significant turnaround from a loss of Rs 94.98 crore in the prior year.
The total income rose to Rs 2,331.59 crore in the last fiscal year, up from Rs 2,039.93 crore in 2023-24. At the end of March this year, the company’s net debt was recorded at Rs 9,310 crore, a reduction of Rs 673 crore compared to March 2024. In June 2025, Kalpataru Ltd successfully raised Rs 1,590 crore in equity through its Initial Public Offering (IPO). Of this amount, Rs 1,192.5 crore has been allocated for debt repayment as of the current date, in accordance with the objectives of the issue.
Consequently, the net debt-to-equity ratio has further improved, as indicated in the presentation. Kalpataru Ltd has successfully completed 77 real estate projects, covering an area of 18.4 million square feet. The company currently has 35 ongoing, upcoming, and planned projects, with a total developable area of 47.3 million square feet. The firm maintains a strong presence in the Mumbai Metropolitan Region (MMR) and Pune markets.
