Kalpataru pre-sales jump 41% to ₹4,531 cr in FY25 on better housing demand
Published on 20/07/2025 05:44 PM
Kalpataru pre-sales jump 41% to ₹4,531 cr in FY25 on better housing demandKalpataru Ltd reports 41% growth in pre-sales to ₹4,531 crore in FY25, driven by high residential demand. Net profit of ₹21.62 crore marks a turnaround.By PTI July 20, 2025, 5:44:52 PM IST (Published)2 Min ReadRealty firm Kalpataru Ltd has clocked a 41% growth in its pre-sales to ₹4,531 crore in the last fiscal, driven by higher demand for residential properties.
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 ₹4,531 crore, up 41% YoY (year-on-year),” Kalpataru Ltd said in a presentation to analysts and investors.
In 2023-24, the Mumbai-based company sold properties worth ₹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 ₹2,100 crore.
During the entire 2024-25, Kalpataru Ltd posted a net profit of ₹21.62 crore against a loss of ₹94.98 crore in the preceding year.
The total income increased to ₹2,331.59 crore last fiscal from ₹2,039.93 crore in the 2023-24.
The company’s net debt stood at ₹9,310 crore at the end of March this year, down by ₹673 crore compared to March 2024.
Kalpataru Ltd raised ₹1,590 crore in equity through IPO (Initial Public Offering) in June 2025. Out of this, ₹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.
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