Kolte Patil Developers LtdNSE:KOLTEPATIL
Current view Q1 2027
Pune-focused flat builder; Blackstone owns 40% with joint control after paying ₹329 a share, with ₹6,000 cr of Mumbai redevelopment lined up. But pre-sales are flat and volumes fell about 23% year-on-year - the good numbers come from Pune and Mumbai projects completing - management has not been consistent for four quarters, cancelling every concall.
Latest exchange filings last 5 · 5 after Q1 2027
- 10 Sep ’26Kolte-Patil sold over Rs. 600 crore of apartments in 60 hours at Vyana, Pune. ↗
- 24 Aug ’26NRC granted 101,748 stock options under KPESOS 2021 on 24 August 2026. ↗
- 19 Aug ’26Kolte-Patil appoints Hrishikesh Parandekar as CEO, effective 24 August 2026. ↗
- 19 Aug ’26Board approved Mr. Hrishikesh Parandekar as CEO, effective 24 August 2026. ↗
- 12 Aug ’26CARE report on ₹417.03 crore preferential issue utilisation for quarter ended 30 June 2026; no deviation. ↗
Exchange filings, with the company's own one-line summary, read off the same page as the figures. Screener publishes only the most recent few, so this is the last 5 — not everything filed since your note, and a quiet-looking list is not proof of a quiet quarter. A filing is marked new when it is dated after the end of the quarter your note covers. Not scored, and not a judgement — a routine repayment notice and a takeover sit in the same list.
AI concall report · Q1 2027
The full earnings-call read behind this view — what management promised, what they delivered, and the earning trigger.
Growth Q1 2027
| Metric | This year vs lastYoY · vs Q1 2026 | vs the quarter beforeQoQ, sequential · vs Q4 2026 | 3-year yearly average3Y CAGR · compounded | 5-year yearly average5Y CAGR · compounded |
|---|---|---|---|---|
| Sales | ▲ +1022.0% | +269.5% | −20.9% | +1.2% |
| Operating profit | ▲ +826.9% | +3250.0% | −59.2% | −28.3% |
| EPS | ▲ +958.9% | +1016.1% | — | — |
| PAT | ▲ +964.7% | +1080.0% | — | — |
Tinted rows drive the Tier. Tier = the weaker of YoY Sales and YoY PAT growth. Here the weaker is PAT at +964.7%, which is ≥ 20% → Tier 1.
QoQ is sequential, not a trend. For most Indian companies the March quarter is seasonally the largest, so a June-quarter fall against it is a calendar effect. Only the YoY column feeds the Tier.
Multibagger potential
Good69/100
⚠ Your own view on this company is Negative. Read the note above first — this score reads the figures, and it has not read the concall.
Cheap, and growing fast. Profit per share grew 60% a year, while the price-tag on its earnings actually got smaller. That gap — real growth nobody has paid up for — is exactly what this score looks for.
No forward view — no multiple to re-rate toward is recorded.
At ₹841 the price-tag on its earnings reaches the 60× it is being projected toward — the point where being cheap against that yardstick is used up.
Growth rate is a one-off base reset — the score can't be trusted. Check next quarter.
How this is calculated
Why the target is capped at 60×. This company averaged 92× over five years, but a multiple that high comes from near-zero earnings rather than from what buyers chose to pay — projecting a return to it would price in the collapse, not the recovery. 60× is what a 60% grower supports.
Growth rate used: 60.0% — the weakest of EPS / Sales / Op-profit from the latest quarter's YoY EPS growth, capped at 60%.
How it compares with its rivals Real Estate Developer · 6 of 92 listed
These are the industry's largest names rather than companies of its own size, so the columns are worth reading straight across — a ranking against them would only be restating the size gap.
| Company | Price | P/E | Size | ROCE | Profitlast qtr | Saleslast qtr |
|---|---|---|---|---|---|---|
| Kolte Patil Dev. | ₹429 | 30.6× | ₹3,802 Cr | -0.3% | +960.9% | +1016.5% |
| DLF | ₹650 | 37.4× | ₹1.61 L Cr | 6.3% | +4.1% | −52.9% |
| Lodha Developers | ₹1,145 | 27.7× | ₹1.14 L Cr | 16.4% | +103.4% | +43.1% |
| Phoenix Mills | ₹1,906 | 52.5× | ₹68,181 Cr | 12.4% | +23.3% | +12.8% |
| Oberoi Realty | ₹1,752 | 24.1× | ₹63,703 Cr | 17.3% | +29.0% | +31.7% |
| Prestige Estates | ₹1,469 | 55.5× | ₹63,272 Cr | 10.4% | −19.4% | +15.9% |
Screener's own peer group, from the request already made for the industry P/E. It serves the industry's largest names by market cap, not companies of a similar size, so treat this as context rather than a like-for-like table; this company is always shown. On a phone the price, size and sales columns are dropped rather than pushed off the edge. Not part of the score.
Business quality to Jun 2026
| Are the margins widening? | wider, but it has moved around a lot | operating margin 16% → 21% over 3 years |
|---|---|---|
| Did the profit turn into cash? | very little of it arrived as cash | -490% last year, -245% over three · free cash flow ₹188 cr, positive in 4 of 5 years |
| Is the growth borrowed? | borrowed about as much as it owns | ₹1,183 cr — 0.98× its own equity (was 1.37×) |
| Is it being collected? | customers are taking longer to pay | 31 days to collect, up 18 in a year · cash cycle 31 days |
| Who has been buying? | the promoters have been buying | promoters 73.8% (+4.4 in a year), 74.5% → 73.8% over 2.8 years · FIIs 10.6% (+2.5) · DIIs 3.3% (−1.2) · shareholders 42,339 → 40,601 |
| What does it earn on its capital? | earns little on its capital | ROCE -0.3% · ROE -4.4% |
Fetched from the filings, not typed — and deliberately not part of the score. These are the questions the score cannot ask: it reads growth, price and trend, so a company can score well while its profit never becomes cash. Weigh these beside the note, not against the number.
Screener's own checklist not mine, not the score
Against it
- Stock is trading at 3.17 times its book value
- The company has delivered a poor sales growth of 1.22% over past five years.
- Company has a low return on equity of -0.43% over last 3 years.
- Company might be capitalizing the interest cost
- Earnings include an other income of Rs.78.2 Cr.
Generated by screener.in from a fixed checklist — not written by me and not an input to the score. It is here as a second machine opinion to weigh against the note; where it disagrees with the view above, the note is the considered one.