Financial17 Apr 2026

Kolte-Patil Developers Reports Q4 FY26 Operational Update: Pre-Sales of ₹714 Crore and Record Collections of ₹834 Crore

Q4 FY26 Collections and Sales: Key Highlights

Kolte-Patil Developers reported Q4 FY26 sales of ₹714 crore, marking a 13 percent year-on-year rise, alongside record quarterly collections of ₹834 crore. For the full year FY26, Kolte-Patil Developers achieved annual sales of ₹2,605.00 crore and record annual collections of ₹2,689.00 crore, marking an 11% increase from the previous year.

The strong collection performance reflects sustained execution across the company's portfolio. The company maintained a strong collection growth trajectory with a robust 5-year CAGR of 19%.

Price Realisation Reaches All-Time High

The company achieving its highest historical realization of ₹9,601 per sq. ft. in Q4FY26, a 21% year-on-year rise. For the full year, realization grew 7% to ₹8,314 per sq. ft. This was driven by sustained demand, disciplined pricing strategies, and a higher contribution from projects in the Mumbai market.

Active Development Pipeline

The company maintained an active development pipeline during FY26, launching approximately 4.60 million sq. ft. of new projects during the year, with around 1.00 million sq. ft. launched in Q4 FY26 alone.

The flagship Life Republic integrated township project continued to be a significant contributor, generating 0.37 million sq. ft. of sales in Q4 FY26 and 1.78 million sq. ft. for the full year. Life Republic, the company's flagship integrated township, continued to anchor volume performance, contributing approximately 1.78 Mn. Sq. Ft. of sales during the year.

Strategic Land Acquisitions in Pune

During FY26, the company expanded its project portfolio by acquiring developments in Bhugaon with an aggregate gross development value of approximately ₹2,250.00 crore, covering around 3.00 million sq. ft. The acquisition of two complementary land parcels in Bhugaon, with an estimated GDV of approximately ₹2,250 crore across nearly 3 Mn. Sq. Ft., reflects the company's confidence in Pune's emerging growth corridors.

Blackstone Partnership and Structural Initiatives

FY26 has been a defining year for Kolte-Patil, marked by the onboarding of Blackstone as a 40% strategic partner. This partnership represents far more than an equity transaction—it is a strong endorsement of the company's platform, governance standards, and long-term growth potential.

Over the course of the year, the company undertook several meaningful structural initiatives, including strengthening the Board, reshaping the leadership team, and embedding a sharper framework for capital allocation, execution discipline, and operational accountability.

As the company progresses through a phase of integration and leadership transition, it is undertaking internal restructuring measures to further strengthen governance, enhance operational efficiency, and align with long-term strategic priorities.

About Kolte-Patil Developers

Kolte-Patil Developers Ltd. (BSE: 532924, NSE: KOLTEPATIL; KPDL), 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. The company has developed and constructed over 68 projects, including residential complexes, integrated townships, commercial complexes, and IT Parks covering a saleable area of >32 million square feet across Pune, Mumbai and Bengaluru.

Founded nearly 3 decades ago, incorporated in 1991 and guided by the philosophy of 'Creation, not construction', Kolte-Patil Developers Ltd is a leading real estate company with dominant presence in the Pune residential market.

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