Kalpataru Ltd. · NSE:KALPATARU
Kalpataru — Q3 FY26 Earnings Presentation
27 slides from Kalpataru's earnings presentation, Feb 6, 2026
Slide 1: Exchange intimation letter: Investor Presentation
February 6, 2026 National Stock Exchange of India Limited BSE Limited Exchange Plaza, Plot no. C/1, G Block, Listing Operation Department, Bandra Kurla Complex, Bandra (E), 20th Floor, P.J. Towers, Dalal Street, Mumbai - 400 051 Mumbai – 400 001 Maharashtra, India Maharashtra, India NSE Code: KALPAT
Slide 2: Results Presentation Q3 & 9M FY26
Kalpataru limited RESULTS PRESENTATION Q3 & 9M FY26
Slide 3: Disclaimer
DISCLAIMER This presentation and the accompanying slides (the “Presentation”), have been prepared by Kalpataru Limited (the “Company”), solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any securities, and shall not form the ba
Slide 4: Group & Company Overview
01 GROUP & COMPANY OVERVIEW Primera at Kalpataru Parkcity, Thane
Slide 5: Kalpataru Group - At a Glance
KALPATARU GROUP - AT A GLANCE 56 32,000+ 76 YEARS OF LEGACY EMPLOYEES COUNTRIES Power Transmission and Civil Infrastructure Warehousing Real Estate Facility Management Distribution, Oil & Gas, Projects Railways EPC KALPATARU LIMITED Listed on NSE & BSE Listed on NSE & BSE Unlisted 4 Note: As of 31st
Slide 6: Unique Value Proposition
UNIQUE VALUE PROPOSITION Amongst the Top 5 Developers in India’s largest real estate market 1 Mumbai, with a focus on MMR & Pune, with 56+ years of legacy 83 Completed Projects (~23.3 msf) 29 Ongoing, Forthcoming & Planned Projects, with a developable area of ~41.2 msf Strong Residential Projects Pi
Slide 7: Kalpataru Limited - Company Overview
KALPATARU LIMITED - COMPANY OVERVIEW ~23.3 MSF ~23.8 MSF ~10.7 MSF ~6.6 MSF 83 COMPLETED PROJECTS 20 ONGOING PROJECTS 4 FORTHCOMING PROJECTS 5 PLANNED PROJECTS AMONG THE TOP 5 95% ~75% ~75% DEVELOPERS IN MCGM 2 RESIDENTIAL PORTFOLIO OWNED PORTFOLIO 3 MMR PORTFOLIO 3 29 Ongoing, Forthcoming & Planned
Slide 8: Ongoing Projects Overview
ongoing projects overview Ongoing Portfolio comprises of 20 Projects totalling ~23.8 msf spread across all seven micro-markets of MMR; Pune, Hyderabad & Nagpur Geographic Portfolio Segmentation by Unit Portfolio Segmentation by Diversification (msf) Selling Price * Development Model Above 10 Cr, 8%
Slide 9: Operational Updates
02 OPERATIONAL UPDATES Amoda Reserve, Lonavala
Slide 10: Operational Highlights: Q3 & 9M FY26
Operational Highlights: Q3 & 9M FY26 Q3 FY26 9M FY26 INR 870 cr -14% YoY INR 3,447 cr 23% YoY Pre Sales Pre Sales INR 1,101 cr INR 3,409 cr Sales Collections 17% YoY Sales Collections 30% YoY 0.67 msf INR 12,939 2.01 msf INR 17,147 Area Sold Average Realization psf. Area Sold Average Realization psf
Slide 11: Operational highlights: Q3 & 9M FY26
Operational highlights: Q3 & 9M FY26 Pre Sales & • Recorded Pre Sales of INR 870 cr in Q3 FY26 (YoY decrease of 14%) and INR 3,447 cr in 9M FY26 (YoY increase of 23%) Collections • Strong Collections stood at INR 1,101 cr in Q3 FY26 (YoY increase of 17%) & INR 3,409 cr in 9M FY26 (YoY increase of 30
Slide 12: Operational Numbers: Q3 & 9M FY26
Operational NUMBERs: Q3 & 9M FY26 Pre Sales (INR cr) Area Sold (msf) 1,008 3,447 0.68 0.67 2.12 2.01 870 2,807 Q3 FY25 Q3FY26 9M FY25 9M FY26 Q3 FY25 Q3 FY26 9M FY25 9M FY26 Sales Collection (INR cr) Average Realization (INR per Sq.ft.) 14,903 17,147 1,101 3,409 12,939 943 2,630 13,248 Q3 FY25 Q3 FY
Slide 13: Operational Numbers: Annual Trends
Operational NUMBERs: ANNUAL Trends Pre Sales (INR cr) Area Sold (msf) 4,531 3.26 2.69 2.83 2,957 3,202 3,447 2.20 2.01 2,114 FY22 FY23 FY24 FY25 9M FY26 FY22 FY23 FY24 FY25 9M FY26 Sales Collection (INR cr) Average Realization (INR per Sq.ft.) 3,659 3,409 17,147 2,686 13,905 2,207 9,610 10,994 11,33
Slide 14: Financial Performance
03 FINANCIAL PERFORMANCE Kalpataru Elitus, Mulund
Slide 15: Consolidated Profit and Loss Snapshot - Q3 & 9M FY26
CONSOLIDATED Profit and loss snapshot- Q3 & 9M FY26 Particulars (INR cr) Q3 FY26 Q3 FY25 9M FY26 9M FY25 Revenue from Operations 505 588 1,742 1,625 EBITDA (53) 54 (64) 103 EBITDA Margin (%) -10.4% 9.1% -3.7% 6.3% Adjusted EBITDA 119 205 413 518 Adjusted EBITDA Margin (%) 23.6% 34.9% 23.7% 31.9% PAT
Slide 16: Financial Trends - Annual
FINANCIAL TRENDS - Annual Revenue from Operations and Adjusted EBITDA have grown at strong CAGR of 31% & 55% respectively between FY22 - FY25, demonstrating strong business momentum Revenue from Operations (INR cr) Adjusted EBITDA (INR cr) & Adjusted EBITDA Margin (%) 2,5 00 60. 0% 3,611 54.0% 50. 0
Slide 17: Debt Movement
DEBT MOVEMENT INR cr unless otherwise 31st Mar-24 31st Mar-25 31st Dec-25 stated Gross Debt 10,688 10,172 9,171 Less: Cash & Cash Equivalent 705 862 901 Net Debt 9,983 9,310 8,269 Equity 992 2,456 3,887 Net Debt to Equity 10.1x 3.8x 2.1x 9,983 10.1 12. 0 10, 000 9,310 8,269 10. 0 8,0 00 8.0 6,0 00 3
Slide 18: Portfolio Update
04 PORTFOLIO UPDATE Kalpataru Oceana at Prabhadevi, Mumbai
Slide 19: Portfolio Synopsis
Portfolio synopsis (INR cr) Total Balance Expected Value of No. of Developable Sold Area Total GDV Collection Value of Total Future Particulars Sold Projects Area (Mn Sq Ft) Potential from Sold Unsold Inflows Inventory (Mn Sq Ft) Inventory Inventory Ongoing Projects (A) 20 23.8 10.3 34,598 12,514 4,
Slide 20: Planned Launches for FY26
PLANNED LaunchES for FY26 Sr. Developable Area Estimated GDV Project Name Tower/Phase Location Mode of Holding Status No (msf) (INR Cr) Kalpataru Aria Karjat, Rest of 1 Tower A & B 0.08 45 Owned Launched in Q1 (Residences) MMR Estella at Kalpataru Kolshet Road, Tower A & B - 2 Tower A to D 1.76 2,18
Slide 21: Kalpataru One, Worli
Kalpataru one, Worli Project USP • Over 5 acres of prime land at Worli • Ultra Luxury 4 & 5 bed residencies with expansive sundecks • Exclusive development with only 247 units • Spacious Layout with high ceiling • Crafted by global architects and consultants from Singapore, Thailand, USA & Philippin
Slide 22: FY26 Guidance
FY26 Guidance Sr. No Particulars FY25 Actual FY26 Guidance 9M FY26 Actual 1 Pre-Sales Value (INR cr) 4,531 ~ 7,000 3,447 2 Collections (INR cr) 3,659 ~5,700 3,409 3 Net Debt (INR cr) 9,310 ~7,300 8,269 In view of delays in getting regulatory approvals and consequent delay in launch of some of our pr
Slide 23: Sustainability & CSR
05 SUSTAINABILITY & CSR Kalpataru Vista, Noida
Slide 24: Green & Sustainable Buildings
CORE FOCUS ON IMPLMENTATION OF GREEN & SUSTAINABLE BUILDINGS 39 27.15 Projects Buillt-up Area ^ (msf) Projects Founding member of Kalpataru Vista – IGBC Gold Final Kalpataru Paramount – IGBC IGBC (Indian Green Certification in 2026 Platinum Final Certified Building Council) GREEN DEVELOPMENTS & CERT
Slide 25: CSR Initiatives - Q3 FY26 Update
CSR INITIATIVES – Q3 FY26 Update Education Skilling Environment Healthcare Project Name – Prerna Project Name – Kaushal Vriddhi Project – Kartavya ▪ 3,769 beneficiaries have benefitted of the • 63 first generation learners benefitting • 26 Weekly Clean Up drives completed Mobile Medical Unit in Karj
Slide 26: Awards & Accolades
Awards & Accolades CREDAI Awards for Real Estate Excellence ✓ Best Residential Project - Kalpataru Jade Residence ✓ Best Residential Project - Luxury Segment - Tier II - Kalpataru Vista ✓ Best Developer - Residential - Kalpataru Limited MartechAi awards 2025 ✓ Best Use of Analytics for Campaign Perf
Slide 27: Thank You
THANK YOU For further queries, please reach out to us - Mr. Advait Phatarfod Investor.Relations@kalpataru.com Mr. Kanav Khanna – EY Kanav.Khanna@in.ey.com www.kalpataru.com