Kolte-Patil Q1 FY27: Completions drive earnings as Mumbai pipeline expands

Pre-sales were INR 617 crore and collections were INR 715 crore in Q1 FY27, as per the investor presentation.

Average realization was INR 9,442 per sq ft in Q1 FY27 versus INR 7,337 per sq ft in Q1 FY26, a 29% year-on-year increase per the presentation.

Total income was INR 937 crore, adjusted EBITDA was INR 206 crore (22.0% margin) and PAT post minority interest was INR 146 crore (15.6% margin) in Q1 FY27, per the presentation.

The presentation shows net debt of negative INR 417 crore in Q1 FY27, indicating a net cash position.

The company launched 0.78 million sq ft in Pune, comprising The Winds in Bhugaon (0.47 million sq ft) and Little Earth Tower B7 in Kiwale (0.31 million sq ft), as stated in the presentation.

In August 2026, the company announced addition of six society redevelopment projects across Mumbai and Navi Mumbai with estimated GDV of about INR 6,000 crore and saleable area of about 2 million sq ft, per the presentation.

The total project portfolio is shown as 38.02 million sq ft, split across ongoing and unsold (5.56), under approval (6.71) and land bank (25.75) million sq ft, per the presentation.