Kolte Patil Q4 FY26: Record Collections, Higher Prices, and a Cash Led Balance Sheet

FY26 pre-sales were INR 2,605 crore and Q4 FY26 pre-sales were INR 714 crore, as stated in the investor presentation and press release.

FY26 collections were INR 2,689 crore (up 11% YoY) and Q4 FY26 collections were INR 834 crore (up 18% YoY). The company described both as record collections.

FY26 average price realization was INR 8,314 per sq ft (up 7% YoY) and Q4 FY26 realization was INR 9,601 per sq ft (up 21% YoY).

Funds affiliated with Blackstone currently hold a 40% stake in the company, and the phased equity investment was completed in Q2 FY26.

Management stated the company follows CCM based accounting, and revenue and profit recognition depend on project completion timing under statutory accounting guidelines. Lower revenue recognition kept reported profitability muted.

The company disclosed a project portfolio of about 37 million sq ft (ongoing and unsold, under approval and land bank) with a top-line potential estimate of about INR 29,300 crore.

The company disclosed acquisitions and a JDA in Bhugaon, Pune, with aggregate GDV of about INR 2,250 crore and about 3 million sq ft saleable area: Sector 1A (Oct 2025) and Sector 1B (Jan 2026).