Kolte-Patil Developers Ltd (BOM:532924)
₹ 472.8 -5.4 (-1.13%) Market Cap: 41.93 Bil Enterprise Value: 42.27 Bil PE Ratio: 83.24 PB Ratio: 3.43 GF Score: 68/100

Q3 2025 Kolte-Patil Developers Ltd Earnings Call Transcript

Feb 12, 2025 / 09:30 AM GMT
Release Date Price: ₹295.7 (+3.68%)

Key Points

Positve
  • Kolte-Patil Developers Ltd (BOM:532924) achieved a significant milestone in the residential real estate sector with record sales in 2024, highlighting strong demand and resilience.
  • The company reported a 17% year-on-year growth in collections, reaching 1,729 crore, demonstrating strong execution capabilities and customer value proposition.
  • Average realization improved by 7% during the nine months, with successful price hikes across projects, ensuring healthy margins.
  • The Life Republic township project showed strong performance with a sales volume of approximately 1.5 million square feet and a 6% increase in realization.
  • Kolte-Patil Developers Ltd (BOM:532924) is actively building a robust business development pipeline, including a 22-acre joint development project in Pune with a potential sellable area of 5 million square feet.
Negative
  • The company faced delays in regulatory approvals for some Mumbai projects, which may moderately impact sales guidance.
  • Despite improvements, the EBITA margin remains at 7.5%, with a need for further enhancement to meet long-term targets.
  • There is a slight correction expected in pre-sales numbers due to delays in project launches.
  • The finance cost allocation between PNL and WIP remains a concern, with a need for better visibility on project-specific costs.
  • Kolte-Patil Developers Ltd (BOM:532924) has unsold inventory valued at approximately 2,500 crore, with a significant portion in the Life Republic project, indicating potential challenges in inventory management.


Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

KOLT.NS - Kolte-Patil Developers Ltd
Q3 2025 Kolte-Patil Developers Ltd Earnings Call
Feb 12, 2025 / 09:30AM GMT

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Presentation
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Unidentified_1 [1]
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Ladies and gentlemen, good day and welcome to Cote Partel Developers Limited Q3 and 9 months FI 25 earnings conference call. As a reminder, all participant lines will be in the listen-only mood, and there will be an opportunity for you to ask questions after the presentation conclude. Should you need assistance during the conference call, please signal an operator by pressing, then 0 on your touchonet phone. Please note that this conference is being recorded. I now hand the conference over to Mr. Smith from at Factors PR.

Thank you and over to you, sir.

Thank you, Manu.

Good afternoon, everyone, and thank you for joining us on the Q3 and 9 525 results conference call of Kolte Part Developers
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