Kolte‑Patil Developers Ltd. (NSE: KOLTEPATIL, BSE: 532924) – Q1 FY27 Operational Update

Date: 17 July 2026

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Introduction

Kolte‑Patil Developers Limited (KPDL) submitted an operational update for the quarter ended 30 June 2026 (Q1 FY27) to the National Stock Exchange of India (NSE) and BSE. The filing includes key performance metrics, operational highlights, and commentary from management.

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1. Financial Highlights (Q1 FY27)

Metric	Q1 FY27	YoY Change
Sales Value	₹ 617 crore	≈ 0 % (stable YoY)
Collections	₹ 715 crore	+30 %
Realization	₹ 9,442 / sq ft	+29 %

• New area launched: ~0.78 million sq ft.
• Mumbai contribution: ~30 % of total sales value.
• Flagship project: Life Republic (Pune) generated ~₹ 212 crore in sales.

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2. Operational Highlights

• Sales stability: Q1 FY27 sales remained broadly unchanged YoY at ₹ 617 crore.
• Realization uplift: Average price per square foot rose 29 % YoY, driven by strategic price revisions and higher‑margin Mumbai projects.
• Collections surge: Collections increased 30 % YoY to ₹ 715 crore, reflecting strong execution and customer confidence.

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3. Management Commentary

“We are building on a stronger foundation as Kolte‑Patil enters its next phase of growth, with a sharper focus on scale, stronger execution, and institutional excellence… FY27 also marks the launch of ASCEND, our organization‑wide transformation journey to become faster, sharper, and more agile.”
— Mr. Rajesh Patil, Managing Director

Key points from the statement:

• Emphasis on scale, execution, and institutional excellence.
• Launch of ASCEND to enhance systems, processes, and organizational agility.
• Commitment to sustainable long‑term value for stakeholders.

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4. Strategic and Corporate Developments

• Blackstone partnership (FY26): 40 % stake acquisition via preferential allotment and secondary purchase, reinforcing capital strength.
• Debt profile:
  • Long‑term bank debt rated AA‑/Stable (CRISIL).
  • Short‑term bank facilities rated A1+.
  • Non‑convertible debentures rated AA‑/Stable.
• Geographic diversification: Continued focus on Pune, with Mumbai contributing ~30 % of sales and ongoing presence in Bengaluru.
• Awards & recognitions: Multiple industry awards in 2025‑2026 (e.g., ET Real Estate Awards, Asia Pacific Property Awards).

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5. About Kolte‑Patil Developers Ltd.

Kolte‑Patil Developers Ltd. (incorporated 1991) is a leading Indian real‑estate developer with a dominant footprint in Pune and diversified projects in Mumbai and Bengaluru. The company has delivered over 68 projects covering >33 million sq ft of saleable area across residential, integrated township, commercial, and IT‑park segments. Brands include Kolte‑Patil (mid‑premium/premium) and 24K (luxury).

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6. Investor Contact

Dipti Rajput, CFA – Vice President, Investor Relations
Kolte‑Patil Developers Ltd.
1802/B, One BKC, Bandra (E), Mumbai – 400 051
Phone: +91 74004 81432
Email: dipti.rajput@koltepatil.com

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This article presents a factual summary of the Q1 FY27 operational update filed by Kolte‑Patil Developers Ltd. No external information has been added.