Kalpataru Limited (KALPATARU) Q4 24/25 earnings summary

Executive summary

• Achieved strong operational and financial growth in Q4 and FY25, with significant increases in pre-sales, sales collections, and area sold year-over-year.

• Consolidated revenue from operations for FY25 was ₹2,22,162 lakhs, up from ₹1,92,998 lakhs year-over-year.

• Net profit attributable to owners for FY25 was ₹2,430 lakhs, compared to a net loss of ₹9,498 lakhs in FY24.

• Expanded project pipeline with 7 new launches in FY25 and signed development agreements for two major redevelopment projects in Mumbai.

• Completed a successful IPO post year-end, raising ₹1,59,000 lakhs and listing on NSE and BSE on July 1, 2025.

Financial highlights

• Revenue from operations rose 21% YoY in Q4 FY25 and 15% YoY for FY25, reaching INR 2,222 cr for the year.

• Adjusted EBITDA grew 45% YoY to INR 664 cr in FY25, with margin improving to 29.9%.

• PAT increased 14% YoY in Q4 FY25 and turned positive for the full year at INR 25 cr.

• Total income for FY25 was ₹2,33,159 lakhs, up from ₹2,03,993 lakhs in FY24.

• Cash flow from operations for FY25 was ₹48,825 lakhs, up from ₹37,649 lakhs in FY24.

Outlook and guidance

• Planned launches for FY26 include 3.16 msf across Thane, Mumbai, and MMR, with a mix of owned, JV, and redevelopment projects.

• Continued focus on expanding residential portfolio and maintaining strong cash flow visibility.

• Employee Stock Options Scheme 2024 was approved, granting 15,94,100 options at ₹306 per share.