Kolte-Patil Develop.
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Kolte-Patil Developers fully redeemed its secured, unlisted non-convertible debentures on 29 June 2026, ahead of their scheduled maturity date. The NCDs were originally subscribed on 10 April 2023 by India Realty Excellence IV for a total of ₹140 crore. With this early repayment of principal and interest, the company’s liability towards these debentures stands extinguished. The early redemption indicates a proactive approach to deleveraging and could improve the company's interest coverage profile going forward.
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Kolte-Patil Developers fully redeemed its secured, unlisted non-convertible debentures on 29 June 2026, ahead of their scheduled maturity date. The NCDs were originally subscribed on 10 April 2023 by India Realty Excellence IV for a total of ₹140 crore. With this early repayment of principal and interest, the company’s liability towards these debentures stands extinguished. The early redemption indicates a proactive approach to deleveraging and could improve the company's interest coverage profile going forward.
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Kolte-Patil Developers received show cause notices from Maharashtra GST authorities on 19 June 2026 demanding a total of Rs 103.8 crore including interest and penalties. The notices cover GST liability on the purchase of transferable development rights, construction services to society members, and development rights acquired under redevelopment projects between 2020 and 2026. The company had earlier received an intimation on 4 June 2026, but the penalty has now been increased by Rs 39.4 crore. Kolte-Patil said it believes the levy is legally unsustainable and will pursue appropriate legal remedies.
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Kolte-Patil Developers received show cause notices from Maharashtra GST authorities on 19 June 2026 demanding a total of Rs 103.8 crore including interest and penalties. The notices cover GST liability on the purchase of transferable development rights, construction services to society members, and development rights acquired under redevelopment projects between 2020 and 2026. The company had earlier received an intimation on 4 June 2026, but the penalty has now been increased by Rs 39.4 crore. Kolte-Patil said it believes the levy is legally unsustainable and will pursue appropriate legal remedies.
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May 22 (Reuters) - Kolte-Patil Developers Ltd KOLT.NS:
KOLTE-PATIL DEVELOPERS MARCH-QUARTER CONSOL NET LOSS 157.5 MILLION RUPEES
KOLTE-PATIL DEVELOPERS MARCH-QUARTER CONSOL REVENUE FROM OPERATIONS 2.49 BILLION RUPEES
Source text: ID:nnAZN4SXZOE
Further company coverage: KOLT.NS
(([email protected];))
May 22 (Reuters) - Kolte-Patil Developers Ltd KOLT.NS:
KOLTE-PATIL DEVELOPERS MARCH-QUARTER CONSOL NET LOSS 157.5 MILLION RUPEES
KOLTE-PATIL DEVELOPERS MARCH-QUARTER CONSOL REVENUE FROM OPERATIONS 2.49 BILLION RUPEES
Source text: ID:nnAZN4SXZOE
Further company coverage: KOLT.NS
(([email protected];))
** Shares of India's Kolte-Patil Developers KOLT.NS down 3.38 % to 300 rupees
** Real estate firm received a tax demand order of about 582.3 million rupees($6.26 million) from Mumbai State Tax Jurisdiction
** Tax demand in respect of a redevelopment project; Co does not envisage any relevant impact on financials
** YTD stock fell 22.32%
($1 = 92.9450 Indian rupees)
(Reporting by Devika Nair in Bengaluru)
(([email protected];))
** Shares of India's Kolte-Patil Developers KOLT.NS down 3.38 % to 300 rupees
** Real estate firm received a tax demand order of about 582.3 million rupees($6.26 million) from Mumbai State Tax Jurisdiction
** Tax demand in respect of a redevelopment project; Co does not envisage any relevant impact on financials
** YTD stock fell 22.32%
($1 = 92.9450 Indian rupees)
(Reporting by Devika Nair in Bengaluru)
(([email protected];))
Aug 7 (Reuters) - Kolte-Patil Developers Ltd KOLT.NS:
EXITS PARTNERSHIP WITH AMCO LANDMARKS REALTY
Source text: ID:nNSE8pRfTb
Further company coverage: KOLT.NS
(([email protected];))
Aug 7 (Reuters) - Kolte-Patil Developers Ltd KOLT.NS:
EXITS PARTNERSHIP WITH AMCO LANDMARKS REALTY
Source text: ID:nNSE8pRfTb
Further company coverage: KOLT.NS
(([email protected];))
** Shares of Kolte-Patil Developers KOLT.NS fall 8% to 409 rupees, set for their biggest intraday pct-loss since Oct. 2023
** Real estate firm posts Q1 net loss 169.9 million rupees ($1.96 million) vs 62.3 mln rupees profit a year ago, hurt by a 75% revenue slump
** More than 459,000 shares traded, over 1.5x the 30-day avg
** Stock up 15% YTD
($1 = 86.8700 Indian rupees)
(Reporting by Aleef Jahan in Bengaluru)
** Shares of Kolte-Patil Developers KOLT.NS fall 8% to 409 rupees, set for their biggest intraday pct-loss since Oct. 2023
** Real estate firm posts Q1 net loss 169.9 million rupees ($1.96 million) vs 62.3 mln rupees profit a year ago, hurt by a 75% revenue slump
** More than 459,000 shares traded, over 1.5x the 30-day avg
** Stock up 15% YTD
($1 = 86.8700 Indian rupees)
(Reporting by Aleef Jahan in Bengaluru)
July 23 (Reuters) - Kolte-Patil Developers Ltd KOLT.NS:
KOLTE-PATIL DEVELOPERS LTD - TO CONSIDER PROPOSAL TO RAISE FUNDS BY WAY OF ISSUANCE OF DEBT SECURITIES
Source text: ID:nBSE96yGg
Further company coverage: KOLT.NS
(([email protected];;))
July 23 (Reuters) - Kolte-Patil Developers Ltd KOLT.NS:
KOLTE-PATIL DEVELOPERS LTD - TO CONSIDER PROPOSAL TO RAISE FUNDS BY WAY OF ISSUANCE OF DEBT SECURITIES
Source text: ID:nBSE96yGg
Further company coverage: KOLT.NS
(([email protected];;))
** Shares of India's Kolte-Patil Developers KOLT.NS rise 2.3%, set for first session of gains in three
** Competition Commission of India (CCI) approves Blackstone's BX.N 40% stake buy deal in co, KOLT and CCI said in separate statements
** Avg rating of four analysts tracking the stock is "strong buy"; median TP 520 rupees - data compiled by LSEG
** YTD stock up 31%
(Reporting by Hritam Mukherjee in Bengaluru)
(([email protected];))
** Shares of India's Kolte-Patil Developers KOLT.NS rise 2.3%, set for first session of gains in three
** Competition Commission of India (CCI) approves Blackstone's BX.N 40% stake buy deal in co, KOLT and CCI said in separate statements
** Avg rating of four analysts tracking the stock is "strong buy"; median TP 520 rupees - data compiled by LSEG
** YTD stock up 31%
(Reporting by Hritam Mukherjee in Bengaluru)
(([email protected];))
June 10 (Reuters) - Kolte-Patil Developers Ltd KOLT.NS:
INDIA COMPETITION WATCHDOG: APPROVES ACQUISITION OF CERTAIN STAKE IN KOLTE-PATIL DEVELOPERS BY BREP ASIA III INDIA HOLDING
Source text: [ID:]
Further company coverage: KOLT.NS
(([email protected];;))
June 10 (Reuters) - Kolte-Patil Developers Ltd KOLT.NS:
INDIA COMPETITION WATCHDOG: APPROVES ACQUISITION OF CERTAIN STAKE IN KOLTE-PATIL DEVELOPERS BY BREP ASIA III INDIA HOLDING
Source text: [ID:]
Further company coverage: KOLT.NS
(([email protected];;))
April 17 (Reuters) - Kolte-Patil Developers Ltd KOLT.NS:
ANNUAL SALES AT 27.91 BILLION RUPEES IN FY25
Source text: ID:nNSE5J0G9N
Further company coverage: KOLT.NS
(([email protected];;))
April 17 (Reuters) - Kolte-Patil Developers Ltd KOLT.NS:
ANNUAL SALES AT 27.91 BILLION RUPEES IN FY25
Source text: ID:nNSE5J0G9N
Further company coverage: KOLT.NS
(([email protected];;))
March 17 (Reuters) - Kolte-Patil Developers Ltd KOLT.NS:
KOLTE-PATIL AND BLACKSTONE FORGE STRATEGIC PARTNERSHIP
PARTNERSHIP FOR RESIDENTIAL REAL ESTATE IN INDIA
BLACKSTONE WILL ACQUIRE UP TO 66% STAKE IN KPDL
DEAL FOR 18 BILLION RUPEES
BLACKSTONE TO ACQUIRE UP TO 26% FROM PUBLIC THROUGH OPEN OFFER
Source text: [ID:]
Further company coverage: KOLT.NS
(([email protected];;))
March 17 (Reuters) - Kolte-Patil Developers Ltd KOLT.NS:
KOLTE-PATIL AND BLACKSTONE FORGE STRATEGIC PARTNERSHIP
PARTNERSHIP FOR RESIDENTIAL REAL ESTATE IN INDIA
BLACKSTONE WILL ACQUIRE UP TO 66% STAKE IN KPDL
DEAL FOR 18 BILLION RUPEES
BLACKSTONE TO ACQUIRE UP TO 26% FROM PUBLIC THROUGH OPEN OFFER
Source text: [ID:]
Further company coverage: KOLT.NS
(([email protected];;))
March 13 (Reuters) - U.S. investment firm Blackstone BX.N will purchase a 40% stake in Indian real estate developer Kolte-Patil Developers KOLT.NS in a deal worth 11.67 billion rupees ($134 million), the latter said on Thursday.
Kolte-Patil will allot a Blackstone entity 14.3% preferential shares in a deal worth 4.17 billion rupees, while its controlling shareholders will sell another 25.7% to the U.S. firm for about 7.5 billion rupees.
According to Indian market regulations, the sale will trigger a so-called open offer for Blackstone to buy up to 26% shares from existing shareholders.
Blackstone, which entered India 20 years ago, counts India among its biggest markets, and is also one of the country's largest owners of office buildings, data centres, shopping malls and logistics parks.
Kolte-Patil builds residential as well as commercial complexes and has a presence in the cities of Mumbai, Pune and Bengaluru. Its shares closed 2.3% higher at 346.65 rupees in Mumbai after the news.
($1 = 87.0100 Indian rupees)
(Reporting by Nandan Mandayam in Bengaluru; Editing by Mrigank Dhaniwala)
(([email protected]; Mobile: +91 9591011727;))
March 13 (Reuters) - U.S. investment firm Blackstone BX.N will purchase a 40% stake in Indian real estate developer Kolte-Patil Developers KOLT.NS in a deal worth 11.67 billion rupees ($134 million), the latter said on Thursday.
Kolte-Patil will allot a Blackstone entity 14.3% preferential shares in a deal worth 4.17 billion rupees, while its controlling shareholders will sell another 25.7% to the U.S. firm for about 7.5 billion rupees.
According to Indian market regulations, the sale will trigger a so-called open offer for Blackstone to buy up to 26% shares from existing shareholders.
Blackstone, which entered India 20 years ago, counts India among its biggest markets, and is also one of the country's largest owners of office buildings, data centres, shopping malls and logistics parks.
Kolte-Patil builds residential as well as commercial complexes and has a presence in the cities of Mumbai, Pune and Bengaluru. Its shares closed 2.3% higher at 346.65 rupees in Mumbai after the news.
($1 = 87.0100 Indian rupees)
(Reporting by Nandan Mandayam in Bengaluru; Editing by Mrigank Dhaniwala)
(([email protected]; Mobile: +91 9591011727;))
** Kolte-Patil Developers KOLT.NS rises 2.4% to 292.45 rupees; set to snap a three-session losing streak
** Co posts Q3 net profit of 253 mln rupees ($2.9 mln) vs year-ago loss of 628.9 mln rupees; rev sees more than four-fold jump y/y
** Around 507,311 shares traded, more than 2x the 30-day avg
** KOLT fell 26.8% in 2024
($1 = 86.8750 Indian rupees)
(Reporting by Vijay Malkar)
(([email protected];))
** Kolte-Patil Developers KOLT.NS rises 2.4% to 292.45 rupees; set to snap a three-session losing streak
** Co posts Q3 net profit of 253 mln rupees ($2.9 mln) vs year-ago loss of 628.9 mln rupees; rev sees more than four-fold jump y/y
** Around 507,311 shares traded, more than 2x the 30-day avg
** KOLT fell 26.8% in 2024
($1 = 86.8750 Indian rupees)
(Reporting by Vijay Malkar)
(([email protected];))
Feb 11 (Reuters) - Kolte-Patil Developers Ltd KOLT.NS:
KOLTE-PATIL DEVELOPERS DEC-QUARTER CONSOL NET PROFIT 253 MILLION RUPEES
KOLTE-PATIL DEVELOPERS DEC-QUARTER CONSOL REVENUE FROM OPERATIONS 3.5 BILLION RUPEES
Source text: ID:nBSE1Hlh2r
Further company coverage: KOLT.NS
(([email protected];;))
Feb 11 (Reuters) - Kolte-Patil Developers Ltd KOLT.NS:
KOLTE-PATIL DEVELOPERS DEC-QUARTER CONSOL NET PROFIT 253 MILLION RUPEES
KOLTE-PATIL DEVELOPERS DEC-QUARTER CONSOL REVENUE FROM OPERATIONS 3.5 BILLION RUPEES
Source text: ID:nBSE1Hlh2r
Further company coverage: KOLT.NS
(([email protected];;))
Feb 7 (Reuters) - Kolte-Patil Developers Ltd KOLT.NS:
SIGNS JOINT DEVELOPMENT DEAL IN PUNE
PROJECT EXPECTED GDV OF 40 BILLION RUPEES
Source text: ID:nBSE10JZ9H
Further company coverage: KOLT.NS
(([email protected];;))
Feb 7 (Reuters) - Kolte-Patil Developers Ltd KOLT.NS:
SIGNS JOINT DEVELOPMENT DEAL IN PUNE
PROJECT EXPECTED GDV OF 40 BILLION RUPEES
Source text: ID:nBSE10JZ9H
Further company coverage: KOLT.NS
(([email protected];;))
Jan 21 (Reuters) - Kolte-Patil Developers Ltd KOLT.NS:
PRE-SALES OF 21.61 BILLION RUPEES IN 9M FY25
9M FY25 COLLECTIONS AT 17.29 BILLION RUPEES
PRE-SALES VALUE OF 6.80 BILLION RUPEES IN Q3 FY25
Source text: ID:nBSE4jW9tL
Further company coverage: KOLT.NS
(([email protected];;))
Jan 21 (Reuters) - Kolte-Patil Developers Ltd KOLT.NS:
PRE-SALES OF 21.61 BILLION RUPEES IN 9M FY25
9M FY25 COLLECTIONS AT 17.29 BILLION RUPEES
PRE-SALES VALUE OF 6.80 BILLION RUPEES IN Q3 FY25
Source text: ID:nBSE4jW9tL
Further company coverage: KOLT.NS
(([email protected];;))
Dec 5 (Reuters) - Kolte-Patil Developers Ltd KOLT.NS:
KOLTE-PATIL DEVELOPERS - TO SELL 17% STAKE IN KOLTE-PATIL PLANET KIWALE PROJECT
KOLTE-PATIL DEVELOPERS - DEAL FOR 37.9 MILLION RUPEES
Further company coverage: KOLT.NS
(([email protected];))
Dec 5 (Reuters) - Kolte-Patil Developers Ltd KOLT.NS:
KOLTE-PATIL DEVELOPERS - TO SELL 17% STAKE IN KOLTE-PATIL PLANET KIWALE PROJECT
KOLTE-PATIL DEVELOPERS - DEAL FOR 37.9 MILLION RUPEES
Further company coverage: KOLT.NS
(([email protected];))
** Shares of Kolte-Patil Developers KOLT.NS up around 4% at 378 rupees
** Real estate developer posts Q2 consol net profit of 97.4 million rupees ($1.2 million) compared to a loss of 253.1 million rupees a year earlier
** Rev jumps 56% to 3.08 billion rupees
** Stock sees busiest day in nearly a month, vols at 2x their 30-day avg
** Still, KOLT down 22.5% in 2024 vs a 21.5% and 14% rise in larger rivals Macrotech Developers MACE.NS and Keystone Realtors KEYS.NS, respectively
($1 = 84.4025 Indian rupees)
(Reporting by Nishit Navin in Bengaluru)
(([email protected];))
** Shares of Kolte-Patil Developers KOLT.NS up around 4% at 378 rupees
** Real estate developer posts Q2 consol net profit of 97.4 million rupees ($1.2 million) compared to a loss of 253.1 million rupees a year earlier
** Rev jumps 56% to 3.08 billion rupees
** Stock sees busiest day in nearly a month, vols at 2x their 30-day avg
** Still, KOLT down 22.5% in 2024 vs a 21.5% and 14% rise in larger rivals Macrotech Developers MACE.NS and Keystone Realtors KEYS.NS, respectively
($1 = 84.4025 Indian rupees)
(Reporting by Nishit Navin in Bengaluru)
(([email protected];))
** Shares of Kolte-Patil Developers Ltd KOLT.NS rise as much as 12.1% to 439.9 rupees
** Real estate co says Q2 collections rose 16% y/y to 5.5 bln rupees ($65.5 mln), sales value up 22% y/y
** Stock on track for second straight weekly gain, up 11.7% for the week so far
** More than 2 mln shares traded as of 9:40 a.m. IST, 7.5x times their 30-day moving avg
** KOLT last up 10.7%; fell 11.5% YTD
($1 = 84.0125 Indian rupees)
(Reporting by Meenakshi Maidas in Bengaluru)
(([email protected];))
** Shares of Kolte-Patil Developers Ltd KOLT.NS rise as much as 12.1% to 439.9 rupees
** Real estate co says Q2 collections rose 16% y/y to 5.5 bln rupees ($65.5 mln), sales value up 22% y/y
** Stock on track for second straight weekly gain, up 11.7% for the week so far
** More than 2 mln shares traded as of 9:40 a.m. IST, 7.5x times their 30-day moving avg
** KOLT last up 10.7%; fell 11.5% YTD
($1 = 84.0125 Indian rupees)
(Reporting by Meenakshi Maidas in Bengaluru)
(([email protected];))
Oct 16 (Reuters) - Kolte-Patil Developers Ltd KOLT.NS:
Q2 COLLECTIONS UP 16% Y/Y, Q2 REALIZATION UP 16% Y/Y
Source text for Eikon: ID:nBSEqNJPJ
Further company coverage: KOLT.NS
(([email protected];;))
Oct 16 (Reuters) - Kolte-Patil Developers Ltd KOLT.NS:
Q2 COLLECTIONS UP 16% Y/Y, Q2 REALIZATION UP 16% Y/Y
Source text for Eikon: ID:nBSEqNJPJ
Further company coverage: KOLT.NS
(([email protected];;))
Oct 8 (Reuters) - Kolte-Patil Developers Ltd KOLT.NS:
KOLTE-PATIL DEVELOPERS - NAMES RAVI PORWAL AS CFO
Source text for Eikon: [ID:]
Further company coverage: KOLT.NS
(([email protected];))
Oct 8 (Reuters) - Kolte-Patil Developers Ltd KOLT.NS:
KOLTE-PATIL DEVELOPERS - NAMES RAVI PORWAL AS CFO
Source text for Eikon: [ID:]
Further company coverage: KOLT.NS
(([email protected];))
July 24 (Reuters) - Kolte-Patil Developers Ltd KOLT.NS:
KOLTE-PATIL DEVELOPERS - SALE OF 20% STAKE HELD BY CO IN SNOWFLOWER PROPERTIES
KOLTE-PATIL DEVELOPERS - DEAL FOR 83.8 MILLION RUPEES
Source text for Eikon: ID:nNSE1xXvxQ
Further company coverage: KOLT.NS
(([email protected];))
July 24 (Reuters) - Kolte-Patil Developers Ltd KOLT.NS:
KOLTE-PATIL DEVELOPERS - SALE OF 20% STAKE HELD BY CO IN SNOWFLOWER PROPERTIES
KOLTE-PATIL DEVELOPERS - DEAL FOR 83.8 MILLION RUPEES
Source text for Eikon: ID:nNSE1xXvxQ
Further company coverage: KOLT.NS
(([email protected];))
July 16 (Reuters) - Kolte-Patil Developers Ltd KOLT.NS:
Q1 COLLECTIONS UP 19% Y/Y
Further company coverage: KOLT.NS
(([email protected];))
July 16 (Reuters) - Kolte-Patil Developers Ltd KOLT.NS:
Q1 COLLECTIONS UP 19% Y/Y
Further company coverage: KOLT.NS
(([email protected];))
April 12 (Reuters) - Kolte-Patil Developers Ltd KOLT.NS:
Q4 NEW AREA SALES VOLUME UP 6% Y/Y
Q4 NEW AREA SALES VALUE UP 6% Y/Y
Further company coverage: KOLT.NS
(([email protected];))
April 12 (Reuters) - Kolte-Patil Developers Ltd KOLT.NS:
Q4 NEW AREA SALES VOLUME UP 6% Y/Y
Q4 NEW AREA SALES VALUE UP 6% Y/Y
Further company coverage: KOLT.NS
(([email protected];))
** Shares of Kolte-Patil Developers KOLT.NS rise as much as 10.1% to 569.55 rupees, highest level in three months
** Brokerage Motilal Oswal initiates coverage on stock with 'buy' rating, sets PT of 700 rupees
** Developer's project pipeline as of December 2023 stood at 33 million square feet (msf), of which 18 msf represents future pipeline; brokerage expects KOLT to deliver a 22% compounded annual growth rate in pre-sales over FY24-26 to 45 billion rupees ($540.8 million)
** Motilal analysts expect KOLT's robust cash flows along with healthy balance sheet to enable improved business development spends
** Stock eyes busiest trading session since Jan 4
** Stock last up 8%, pushing YTD gains to ~14.4%
($1 = 83.2180 Indian rupees)
(Reporting by Anisha Ajith in Bengaluru)
** Shares of Kolte-Patil Developers KOLT.NS rise as much as 10.1% to 569.55 rupees, highest level in three months
** Brokerage Motilal Oswal initiates coverage on stock with 'buy' rating, sets PT of 700 rupees
** Developer's project pipeline as of December 2023 stood at 33 million square feet (msf), of which 18 msf represents future pipeline; brokerage expects KOLT to deliver a 22% compounded annual growth rate in pre-sales over FY24-26 to 45 billion rupees ($540.8 million)
** Motilal analysts expect KOLT's robust cash flows along with healthy balance sheet to enable improved business development spends
** Stock eyes busiest trading session since Jan 4
** Stock last up 8%, pushing YTD gains to ~14.4%
($1 = 83.2180 Indian rupees)
(Reporting by Anisha Ajith in Bengaluru)
Jan 23 (Reuters) - Kolte-Patil Developers Ltd KOLT.NS:
ACQUIRES TWO SOCIETY RE-DEVELOPMENT PROJECTS IN WESTERN SUBURBS OF MUMBAI METROPOLITAN REGION
ACQUIRED PROJECTS HAVE TOPLINE POTENTIAL OF 5.45 BILLION RUPEES
Source text for Eikon: ID:nBSE39nD4Y
Further company coverage: KOLT.NS
(([email protected];;))
Jan 23 (Reuters) - Kolte-Patil Developers Ltd KOLT.NS:
ACQUIRES TWO SOCIETY RE-DEVELOPMENT PROJECTS IN WESTERN SUBURBS OF MUMBAI METROPOLITAN REGION
ACQUIRED PROJECTS HAVE TOPLINE POTENTIAL OF 5.45 BILLION RUPEES
Source text for Eikon: ID:nBSE39nD4Y
Further company coverage: KOLT.NS
(([email protected];;))
Jan 12 (Reuters) - Kolte-Patil Developers Ltd KOLT.NS:
KOLTE-PATIL DEVELOPERS Q3FY24 COLLECTIONS UP 13% YOY
Source text for Eikon: ID:nNSE1yBFkt
Further company coverage: KOLT.NS
(([email protected];))
Jan 12 (Reuters) - Kolte-Patil Developers Ltd KOLT.NS:
KOLTE-PATIL DEVELOPERS Q3FY24 COLLECTIONS UP 13% YOY
Source text for Eikon: ID:nNSE1yBFkt
Further company coverage: KOLT.NS
(([email protected];))
** Shares of real estate co Kolte-Patil Developers KOLT.NS fall as much as 9% to 467.3 rupees
** Co reported widening of consolidated net loss in Sept-qtr to 253.1 mln rupees ($3.04 million) from a loss of 87.9 mln rupees a year ago
** Total expenses rose 53.05% to 2.2 bln rupees, dragged by cost of services, construction, and land which rose nearly 51%
** Over 829,000 shares traded as of 1:27 pm IST, 2.9X the 30-day moving average
** Stock currently down 4%, trimming YTD gains to 76.5%
($1 = 83.1740 Indian rupees)
(Reporting by Navamya Ganesh Acharya in Bengaluru)
(([email protected]; +91 8805175330 ;))
** Shares of real estate co Kolte-Patil Developers KOLT.NS fall as much as 9% to 467.3 rupees
** Co reported widening of consolidated net loss in Sept-qtr to 253.1 mln rupees ($3.04 million) from a loss of 87.9 mln rupees a year ago
** Total expenses rose 53.05% to 2.2 bln rupees, dragged by cost of services, construction, and land which rose nearly 51%
** Over 829,000 shares traded as of 1:27 pm IST, 2.9X the 30-day moving average
** Stock currently down 4%, trimming YTD gains to 76.5%
($1 = 83.1740 Indian rupees)
(Reporting by Navamya Ganesh Acharya in Bengaluru)
(([email protected]; +91 8805175330 ;))
Oct 26 (Reuters) - Kolte-Patil Developers Ltd KOLT.NS:
APPROVED ISSUE OF NON-CONVERTIBLE DEBENTURES WORTH ABOUT 1.14 BILLION RUPEES
APPROVED ISSUE OF NON-CONVERTIBLE DEBENTURES ON A PRIVATE PLACEMENT BASIS
Source text for Eikon: ID:nNSE2mTDFx
Further company coverage: KOLT.NS
(([email protected];))
Oct 26 (Reuters) - Kolte-Patil Developers Ltd KOLT.NS:
APPROVED ISSUE OF NON-CONVERTIBLE DEBENTURES WORTH ABOUT 1.14 BILLION RUPEES
APPROVED ISSUE OF NON-CONVERTIBLE DEBENTURES ON A PRIVATE PLACEMENT BASIS
Source text for Eikon: ID:nNSE2mTDFx
Further company coverage: KOLT.NS
(([email protected];))
Oct 20 (Reuters) - Kolte-Patil Developers Ltd KOLT.NS:
ACQUIRED BALANCE STAKE IN KOLTE-PATIL INTEGRATED TOWNSHIPS
COST OF ACQUISITION AT 577.8 MILLION RUPEES
Source text for Eikon: ID:nNSE9Kh8pt
Further company coverage: KOLT.NS
(([email protected];))
Oct 20 (Reuters) - Kolte-Patil Developers Ltd KOLT.NS:
ACQUIRED BALANCE STAKE IN KOLTE-PATIL INTEGRATED TOWNSHIPS
COST OF ACQUISITION AT 577.8 MILLION RUPEES
Source text for Eikon: ID:nNSE9Kh8pt
Further company coverage: KOLT.NS
(([email protected];))
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What does Kolte-Patil Develop. do?
Kolte Patil Developers Ltd is a prominent Real Estate Developer in Pune, excelling in delivering high-quality residential and commercial complexes providing great value and market appreciation.
Who are the competitors of Kolte-Patil Develop.?
Kolte-Patil Develop. major competitors are TARC, Kesar India, Elpro International, Hubtown, Hemisphere Propert., Arvind Smartspaces, Marathon NextgenReal. Market Cap of Kolte-Patil Develop. is ₹3,442 Crs. While the median market cap of its peers are ₹2,945 Crs.
Is Kolte-Patil Develop. financially stable compared to its competitors?
Kolte-Patil Develop. seems to be less financially stable compared to its competitors. Altman Z score of Kolte-Patil Develop. is 0.68 and is ranked 8 out of its 8 competitors.
Does Kolte-Patil Develop. pay decent dividends?
The company seems to be paying a very low dividend. Investors need to see where the company is allocating its profits. Kolte-Patil Develop. latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%
How has Kolte-Patil Develop. allocated its funds?
Companies resources are allocated to majorly unproductive assets like Inventory
How strong is Kolte-Patil Develop. balance sheet?
Kolte-Patil Develop. balance sheet is weak and might have solvency issues
Is the profitablity of Kolte-Patil Develop. improving?
The profit is oscillating. The profit of Kolte-Patil Develop. is -₹38.67 Crs for Mar 2026, ₹107 Crs for Mar 2025 and -₹69.35 Crs for Mar 2024
Is the debt of Kolte-Patil Develop. increasing or decreasing?
The net debt of Kolte-Patil Develop. is decreasing. Latest net debt of Kolte-Patil Develop. is ₹121 Crs as of Mar-26. This is less than Mar-25 when it was ₹229 Crs.
Is Kolte-Patil Develop. stock expensive?
Kolte-Patil Develop. is not expensive. Latest PE of Kolte-Patil Develop. is 0, while 3 year average PE is 50.08. Also latest EV/EBITDA of Kolte-Patil Develop. is 0.0 while 3yr average is 33.22.
Has the share price of Kolte-Patil Develop. grown faster than its competition?
Kolte-Patil Develop. has given lower returns compared to its competitors. Kolte-Patil Develop. has grown at ~0.95% over the last 3yrs while peers have grown at a median rate of 25.22%
Is the promoter bullish about Kolte-Patil Develop.?
Promoters stake in the company seems stable, and we need to go through filings and allocation of resources to gauge promoter bullishness. Latest quarter promoter holding in Kolte-Patil Develop. is 73.81% and last quarter promoter holding is 73.81%.
Are mutual funds buying/selling Kolte-Patil Develop.?
The mutual fund holding of Kolte-Patil Develop. is stable. The current mutual fund holding in Kolte-Patil Develop. is 2.98% while previous quarter holding is 2.98%.