Kalpataru Pre-Sales Surge 41% to Rs 4,531 Cr in FY25 on Strong Housing Demand
Mumbai-based real estate developer Kalpataru Ltd reported a 41% increase in pre-sales to Rs 4,531 crore in FY25, driven by robust demand for residential properties. The company has also made significant strides in project launches and financial performance.
Real EstatePresalesKalpataruHousing DemandFinancial PerformanceReal Estate MumbaiJul 20, 2025
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.
Frequently Asked Questions
What was the percentage increase in pre-sales for Kalpataru Ltd in FY25?
Kalpataru Ltd reported a 41% increase in pre-sales to Rs 4,531 crore in FY25.
How many new projects did Kalpataru Ltd launch in the last fiscal year?
The company launched 7 new projects, totalling 6.5 million square feet of saleable area.
What was the net profit of Kalpataru Ltd in FY25?
Kalpataru Ltd posted a net profit of Rs 21.62 crore in FY25, compared to a loss of Rs 94.98 crore in the preceding year.
How much equity did Kalpataru Ltd raise through its IPO in June 2025?
Kalpataru Ltd raised Rs 1,590 crore in equity through its IPO in June 2025.
What is the total developable area of Kalpataru Ltd's ongoing, forthcoming, and planned projects?
Kalpataru Ltd has 35 ongoing, forthcoming, and planned projects with a developable area of 47.3 million square feet.
Related News Articles
Union Budget 2024: Real Estate Industry Leaders Share Expectations
Real estate heavyweights discuss their expectations from the Union Budget 2024-25, hoping for tax relief, streamlined processes, and measures to address liquidity challenges.
Mumbai's Underground Metro 3 Set to Launch in September
The first phase of Mumbai's underground Metro 3 is expected to launch in September, marking a significant milestone in the city's transportation infrastructure.
Mumbai's Western Suburbs See Sharp Rise in Residential Rentals Amidst High Demand
Rental growth across premium gated societies in Mumbai has cooled down to 5-9% in 2024 after a growth of almost 50-60% in the last two years between 2021-23.
Adani Realty Eyes Stake in Emaar India: A Strategic Move in Indian Real Estate Market
Gurgaon-headquartered Emaar India is a leading player in the country's commercial and residential real estate market. Adani Realty is in talks to pick up a stake in the company.
BMC Calls for Increased Housing Stock Through PPP to Boost MMR Redevelopment
BMC Commissioner Bhushan Gagrani emphasizes the need for public-private partnerships to create enough housing stock for redevelopment in the Mumbai Metropolitan Region (MMR).
AOC and Progressive Allies Push for Federal Social Housing: The HOMES Act Explained
The HOMES Act, introduced by Rep. Alexandria Ocasio-Cortez and Sen. Tina Smith, aims to create a federal housing development authority to build over a million permanently affordable homes. This new model of social housing is gaining traction, but it faces