Kolte-Patil Developers shares zoom 15% on posting Q4 business update

Kolte-Patil Developers (KPDL) reported record quarterly collections of ₹834 crore in Q4FY26. For the full year FY26, the company reported record annual collections of ₹2,689 crore

Kolte-Patil Developers shares zoomed 15 per cent in trade on BSE, logging an intra-day high at ₹398.4 per share. However, at 10:17 AM, Kolte-Patil Developers’ share price pared some gains and was trading 12.18 per cent higher at ₹388.3. In comparison, the BSE Sensex was up 0.25 per cent at 78,185.81. 

The buying on the counter came after the company reported its Q4FY26 business update. 

Kolte-Patil Developers (KPDL) reported record quarterly collections of ₹834 crore in Q4FY26, up 18 per cent both quarter-on-quarter (Q-o-Q) and year-on-year (Y-o-Y), as steady sales momentum and disciplined construction execution drove robust performance in the quarter. 

 

For the full year FY26, the company reported record annual collections of ₹2,689 crore, up 11 per cent Y-o-Y, reflecting a five-year compound annual growth rate (CAGR) of 19 per cent in collections.  READ | Angel One shares gain 4% on healthy Q4 show; PAT up 84% YoY, revenue 38% 

Q4FY26 sales stood at ₹714 crore, up 18 per cent Q-o-Q and 13 per cent Y-o-Y, driven by strong response to new launches complemented by portfolio-wide sustenance sales. In volume terms, sales came in at 0.74 million sq ft, up 7 per cent Q-o-Q. For FY26, total sales value stood at ₹2,605 crore, while volume came in at 3.13 million sq ft. 

Life Republic, KPDL's flagship integrated township project, continued to see strong demand, contributing 0.37 million sq ft of sales in Q4FY26 and 1.78 million sq ft in FY26. 

Average price realisations hit a record ₹9,601 per sq ft in Q4FY26, up 10 per cent Q-o-Q and 21 per cent Y-o-Y, supported by steady overall demand, disciplined pricing, and increased contribution from the Mumbai portfolio. For FY26, average realisations stood at ₹8,314 per sq ft, up 7 per cent Y-o-Y. 

KPDL launched approximately 1 million sq ft of projects in Q4FY26, taking full-year FY26 launches to approximately 4.6 million sq ft.  READ | FMCG stocks in demand: HUL, Emami, Colgate, Dabur soar up to 6% 

Furthermore, the company recorded quarterly and annual collections of ₹834 crore and ₹2,689 crore, respectively. Steady sales momentum and disciplined on-ground execution of construction resulted in a robust 5-year compound annual growth rate (CAGR) of 19 per cent in collections. 

In FY26, the company acquired projects in Bhugaon with an aggregate gross development value (GDV) of ₹2,250 crore (3 million sq. ft.). 

Kolte-Patil Developers, incorporated in 1991, is a leading real estate company with a dominant presence in the Pune residential market and a diversified presence in Mumbai and Bengaluru. In FY26, the company entered into a strategic partnership with global investment firm Blackstone, with the latter acquiring a 40 per cent stake in the company following a two-phase transaction involving the preferential allotment of equity shares and a secondary equity share acquisition from existing promoters.