Kolte - Patil Developers Limited
Business OverviewCompany is in real estate business (Residential & Commercial) with dominant presence in the Pune and growing presence in Mumbai and Bengaluru.
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Kolte-Patil Developers (KPDL) has appointed Mr. Hrishikesh Parandekar as Chief Executive Officer. With three decades of real estate and investment experience, he will spearhead KPDL's next growth phase, driving business expansion and enhancing shareholder value.
Kolte-Patil reported record Q1 FY27 total income of Rs. 937 Cr and EBITDA of Rs. 206 Cr. Key growth driver: Signed six Mumbai redevelopment projects, adding ~Rs. 6,000 Cr in estimated GDV. Collections rose 30% YoY to Rs. 715 Cr, reflecting strong execution.
Kolte-Patil Developers secured six new society redevelopment projects in Mumbai MMR, boosting its pipeline with an estimated GDV of ~Rs. 6,000 crore. This marks their largest annual business development addition in the region, significantly expanding presence.
Kolte-Patil Developers' shareholders have approved M/s Harshad S. Deshpande as the Cost Auditor for the financial year 2026-27. This routine appointment ensures continued governance and oversight of cost records.
KPDL's Q1 FY27 operational update shows sales at Rs. 617 Cr (stable YoY). Collections grew 30% to Rs. 715 Cr, with average realizations up 29% to Rs. 9,442/sq. ft., boosted by Mumbai's 30% sales contribution. Management is focused on execution and agility.