MUMBAI: Realty company Kalpataru Ltd has reported a 41% increase in pre-sales, reaching ₹4,531 crore in the last fiscal year, fueled by rising residential property demand.
Kalpataru Ltd, a leading player in the real estate sector, is now publicly listed on the stock exchanges.
“For the entirety of FY25, pre-sales totaled ₹4,531 crore, reflecting a 41% year-on-year (YoY) growth,” the company stated in a presentation aimed at analysts and investors.
In the fiscal year 2023-24, the Mumbai-based firm sold properties worth ₹3,202 crore.
During the previous fiscal year, Kalpataru Ltd launched seven new projects, comprising a total of 6.5 million square feet of saleable area.
Furthermore, they signed development agreements (DAs) for two new society redevelopment projects, with an estimated gross development value (GDV) of ₹2,100 crore.
For the entire 2024-25 period, Kalpataru Ltd reported a net profit of ₹21.62 crore, compared to a net loss of ₹94.98 crore in the previous year.
Total income rose to ₹2,331.59 crore in the last fiscal from ₹2,039.93 crore in FY23-24.
As of March this year, the company’s net debt was ₹9,310 crore, down ₹673 crore since March 2024.
Kalpataru Ltd raised ₹1,590 crore through its initial public offering (IPO) in June 2025, using ₹1,192.5 crore for debt repayment thus improving its net debt-to-equity ratio.
To date, Kalpataru Ltd has successfully completed 77 real estate projects covering 18.4 million square feet and has 35 ongoing, upcoming, and planned projects with a total developable area of 47.3 million square feet.
The company maintains a strong presence in the Mumbai Metropolitan Region (MMR) and Pune markets.
