Kalpataru Ltd Reports 41% Leap in Pre-Sales to ₹4,531 Crore in FY25
Kalpataru Ltd, a prominent real estate developer, witnessed a 41% surge in pre-sales to ₹4,531 crore in FY25, driven by robust residential demand. The company also reported a net profit of ₹21.62 crore, marking a significant turnaround.
Real EstatePresalesKalpataru LtdResidential DemandFinancial PerformanceReal Estate MumbaiJul 20, 2025
For the full fiscal year 2024-25, pre-sales reached ₹4,531 crore, up 41% year-on-year (YoY). In the previous fiscal year, 2023-24, Kalpataru Ltd sold properties worth ₹3,202 crore. The company has been actively expanding its portfolio, launching seven new projects totaling 6.5 million square feet of saleable area in the last fiscal year.
In addition to new project launches, Kalpataru Ltd signed development agreements (DA) for two new society redevelopment projects with an estimated gross development value (GDV) of ₹2,100 crore. These agreements underscore the company's commitment to leveraging opportunities in the real estate market.
During the entire fiscal year 2024-25, Kalpataru Ltd posted a net profit of ₹21.62 crore, a stark contrast to the loss of ₹94.98 crore reported in the preceding year. This turnaround is a testament to the company's strategic initiatives and market adaptability. The total income for the last fiscal year increased to ₹2,331.59 crore from ₹2,039.93 crore in the 2023-24 fiscal year.
The company’s net debt stood at ₹9,310 crore at the end of March 2025, a reduction of ₹673 crore compared to March 2024. This reduction is partly due to the successful Initial Public Offering (IPO) in June 2025, where Kalpataru Ltd raised ₹1,590 crore in equity. Out of this, ₹1,192.5 crore has been utilized for debt repayment, aligning with the objectives of the issue. As a result, the net debt-to-equity ratio has further improved, enhancing the company's financial health.
Kalpataru Ltd has a rich history of delivering successful real estate projects. The company has completed 77 projects, encompassing a total area of 18.4 million square feet. Currently, it has 35 ongoing, forthcoming, and planned projects with a developable area of 47.3 million square feet. The company's significant presence in the Mumbai Metropolitan Region (MMR) and Pune markets has been a key driver of its success.
Looking ahead, Kalpataru Ltd is well-positioned to capitalize on the growing demand for residential properties. The company's strategic focus on high-growth markets and its robust project pipeline are expected to further bolster its financial performance and market position.
Frequently Asked Questions
What was the growth in Kalpataru Ltd's pre-sales in FY25?
Kalpataru Ltd reported a 41% growth in pre-sales to ₹4,531 crore in FY25.
How many new projects did Kalpataru Ltd launch in FY25?
Kalpataru Ltd launched seven new projects totaling 6.5 million square feet of saleable area in FY25.
What was Kalpataru Ltd's net profit in FY25?
Kalpataru Ltd posted a net profit of ₹21.62 crore in FY25, a significant turnaround from the previous year's loss.
How much did Kalpataru Ltd raise through its IPO in June 2025?
Kalpataru Ltd raised ₹1,590 crore in equity through its IPO in June 2025.
What is the current net debt of Kalpataru Ltd as of March 2025?
The net debt of Kalpataru Ltd as of March 2025 stood at ₹9,310 crore, down by ₹673 crore compared to March 2024.
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