India's Richest People 2026 edition · 1 director · Source: Hurun India
- #347 Mofatraj Pukhraj Munot & family ₹10,900 Cr
Market Cap
₹5,181 Cr
KALPATARU · NSE
Share Price
₹245.40
-2.46% today
Revenue
₹3,436 Cr
FY 2025-26 · +54.6% YoY
EBITDA
₹111 Cr
Margin 3.2%
Net Profit
₹89.91 Cr
FY 2025-26 · +349.6% YoY
P/E (TTM)
42.3x
P/B 1.3x
ROE
2.4%
ROCE 1.2%
Debt / Equity
2.88
Interest cover 108.2x
About Kalpataru Limited
Data last updated:
Kalpataru Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 22 December 1988 and has been in existence for over 38 years.
Its director Mofatraj Pukhraj Munot and family are #347 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN L45200MH1988PLC050144. Its GSTIN is 27AAACK2108G1ZZ (Maharashtra). It is a listed company as per MCA records. Its shares are listed on BSE: 544423 and NSE: KALPATARU.
The company has an authorised share capital of ₹501.5 Cr and a paid-up capital of ₹206.86 Cr. It was formerly known as Kalpataru Homes Private Limited and Kalpataru Homes Limited. It is led by directors including Parag Mofatraj Munot (Managing Director) and Narendra Kumar Lodha (Whole-Time Director).
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at 91 Kalpataru Synergy Opp. Grand Hyatt Santacruz (East), Mumbai, Maharashtra, India – 400055.
As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹3,435.62 Cr, a growth of 54.6% compared to the previous year. For the same year it recorded a net profit of ₹89.91 Cr (net margin 2.6%) and EBITDA of ₹111.15 Cr (EBITDA margin 3.2%). The net worth stands at ₹4,116.47 Cr (up 60.6% YoY). Total assets are valued at ₹13,520 Cr (up 4.3% YoY).
The company has about 86 employees on its provident fund (EPFO) records. Its group structure includes 29 subsidiaries.
The company is associated with 1 brand: Kalpataru. As per MCA filings, the company has open charges of ₹11,278 Cr and satisfied charges of ₹10,179 Cr on record. Court records list 113 cases involving the company, including 60 filed by the company and 53 filed against it; 37 cases are pending. The company has 9 deals on record (4 secondary share transfers, 1 debt financing, 1 ipo), with disclosed funding of ₹1,753 Cr; the latest was in May 2026. The company has 11 MSME Form 1 returns on record between 2020 and 2024, listing 239 overdue payments to 81 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website kalpataru.com.
Company details
CIN L45200MH1988PLC050144
Registration Number 050144
Incorporation Date 22 December 1988
ROC Mumbai
Listing Status Listed - Listed on NSE (KALPATARU); Listed on BSE (544423)
Company Status Active
Date of Last AGM 29 September 2025
Date of Balance Sheet 31 March 2026
Compliance Status Active Compliant
Name history
Kalpataru has undergone 2 name changes throughout its history. The company was previously known as Kalpataru Homes Private Limited, and Kalpataru Homes Limited. The current legal name is Kalpataru Limited.
| Company Name | Status |
|---|---|
| Kalpataru Limited | Current |
| Kalpataru Homes Private Limited | Previous |
| Kalpataru Homes Limited | Previous |
CIN history
Kalpataru has one previous CIN (Corporate Identification Number): U45200MH1988PLC050144. The current CIN is L45200MH1988PLC050144, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L45200MH1988PLC050144 | Current |
| U45200MH1988PLC050144 | Previous |
Key People
Parag Mofatraj Munot Managing Director Narendra Kumar Lodha Whole-Time Director Sunil Rewachand Chandiramani Director Recognitions & Rankings of Kalpataru
Contact details
Kalpataru Limited's registered office is in Mumbai, Maharashtra. Its website is kalpataru.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address91 Kalpataru Synergy Opp. Grand Hyatt Santacruz (East), Mumbai, Maharashtra, India – 400055
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Kalpataru Limited, buy the company report.
Comprehensive company report
Kalpataru Limited - one report that includes everything
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
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Secure checkout · GST invoice included
Brands
Kalpataru operates one associated brand: Kalpataru. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provider of real estate development services | kalpataru.com |
Business activity
The main business activities of Kalpataru are construction, support service to organizations and real estate. In detail, this covers buildings, other support services to organizations and real estate activities with own or leased property. 3 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F1 | Buildings | |
| N | Support service to Organizations | N7 | Other support services to organizations | |
| L | Real Estate | L1 | Real estate activities with own or leased property |
To see the full business activity and turnover split of Kalpataru Limited, buy the company report.
Financials of Kalpataru Limited
FY 2025-26 filings availableKalpataru Limited reported revenue of ₹3,435.62 Cr (up 54.6% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · ConsolidatedRevenue
₹3,436 Cr
+54.6% YoY
EBITDA
₹111 Cr
+95.8% YoY
Profit After Tax
₹89.91 Cr
+349.6% YoY
Net Worth
₹4,116 Cr
+60.6% YoY
Total Assets
₹13,520 Cr
+4.3% YoY
Total Debt
₹9,168 Cr
-9.1% YoY
Revenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 3,436 | 2,222 | 1,930 | 3,633 | 990 | 1,111 | 1,359 |
| Revenue growth | +54.6% | +15.1% | -46.9% | +267.1% | -10.9% | -18.3% | - |
| EBITDA | 111 | 56.76 | (129) | (80.04) | (48.38) | 71.14 | 103 |
| EBITDA margin | +3.2% | +2.6% | -6.7% | -2.2% | -4.9% | +6.4% | +7.6% |
| Profit before tax | 95.81 | 75.92 | (85.71) | (159) | (140) | (54.96) | (56.57) |
| Net profit | 89.91 | 20.00 | (126) | (204) | (131) | (56.69) | (43.15) |
| Net profit margin | +2.6% | +0.9% | -6.5% | -5.6% | -13.2% | -5.1% | -3.2% |
| EPS (₹) | 4.55 | 1.29 | (6.80) | (14.56) | (9.37) | (4.06) | (3.10) |
| Balance sheet | |||||||
| Total assets | 13,520 | 12,957 | 11,893 | 11,093 | 11,970 | 8,847 | 7,504 |
| Net worth | 4,116 | 2,563 | 1,095 | 1,216 | 1,435 | 1,304 | 1,364 |
| Total debt | 9,168 | 10,091 | 10,614 | 9,679 | 10,365 | 7,374 | 6,026 |
| Cash & bank | 825 | 717 | 620 | 399 | 352 | 203 | 69.76 |
| Net working capital | 11,891 | 11,582 | 10,669 | 9,893 | 10,710 | 7,022 | 5,637 |
| Cash flow | |||||||
| Cash from operations | 848 | 488 | 376 | 2,139 | 402 | 757 | 871 |
| Cash from investing | (142) | (34.59) | (132) | (31.95) | 104 | (41.14) | 52.74 |
| Cash from financing | (577) | (644) | (300) | (2,101) | (422) | (645) | (771) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 472 | 1,694 | 505 | 794 | 443 | 597 | 588 | 506 |
| Revenue growth (YoY) | +6.5% | +183.8% | -14.1% | +56.8% | -16.5% | - | - | - |
| Other income | 41.56 | 34.96 | 30.66 | 21.89 | 13.58 | 70.32 | 32.20 | 28.36 |
| EBITDA | (45.86) | 216 | (82.67) | 5.99 | (28.26) | (19.80) | 38.05 | 35.23 |
| EBITDA margin | -9.7% | +12.8% | -16.4% | +0.8% | -6.4% | -3.3% | +6.5% | +7.0% |
| Depreciation | 10.26 | 13.63 | 12.22 | 10.73 | 9.84 | 10.78 | 8.83 | 9.38 |
| Interest | 20.49 | 10.94 | 14.85 | 12.37 | 31.85 | 11.14 | 65.63 | 6.34 |
| Profit before tax | (35.05) | 226 | (79.08) | 4.78 | (56.37) | 28.60 | (4.21) | 47.87 |
| Tax | (6.01) | 32.61 | (12.04) | (0.18) | (4.53) | 8.28 | 18.85 | 19.93 |
| Net profit | (29.04) | 194 | (67.04) | 4.96 | (51.84) | 20.32 | (23.06) | 27.94 |
| EPS (₹) | (1.29) | 10.18 | (3.04) | 0.26 | (2.92) | 1.00 | (1.57) | 2.16 |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 210 | 283 | 293 | 344 | 613 | 605 | 678 |
| Revenue growth | -25.8% | -3.6% | -14.7% | -43.9% | +1.4% | -10.8% | - |
| EBITDA | 14.73 | 57.02 | 91.01 | 62.66 | 318 | 57.20 | 98.14 |
| EBITDA margin | +7.0% | +20.2% | +31.0% | +18.2% | +51.8% | +9.5% | +14.5% |
| Profit before tax | (28.16) | 41.44 | 131 | 48.95 | 19.40 | 21.81 | 10.19 |
| Net profit | (20.03) | 23.26 | 81.66 | 28.89 | (7.22) | 15.76 | 6.94 |
| Net profit margin | -9.6% | +8.2% | +27.8% | +8.4% | -1.2% | +2.6% | +1.0% |
| EPS (₹) | (0.79) | 1.39 | 5.85 | 2.08 | (0.30) | 1.13 | 0.50 |
| Balance sheet | |||||||
| Total assets | 6,477 | 5,609 | 4,276 | 3,944 | 4,175 | 3,736 | 3,692 |
| Net worth | 4,103 | 2,657 | 1,187 | 1,104 | 1,078 | 1,082 | 1,065 |
| Total debt | 2,128 | 2,656 | 2,906 | 2,663 | 2,941 | 2,499 | 2,533 |
| Cash & bank | 377 | 335 | 170 | 122 | 91.92 | 37.51 | 24.22 |
| Net working capital | 4,863 | 3,809 | 2,506 | 2,236 | 2,416 | 2,342 | 2,275 |
| Cash flow | |||||||
| Cash from operations | (44.84) | 206 | 24.32 | 237 | 689 | 513 | 222 |
| Cash from investing | (660) | (1,109) | (39.49) | 420 | (850) | (227) | 64.06 |
| Cash from financing | 687 | 709 | (3.20) | (619) | 150 | (329) | (278) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 46.85 | 58.07 | 55.88 | 48.42 | 47.43 | 67.72 | 54.83 | 64.89 |
| Revenue growth (YoY) | -1.2% | -14.3% | +1.9% | -25.4% | -50.3% | - | - | - |
| Other income | 39.27 | 37.44 | 41.73 | 43.95 | 39.29 | 88.52 | 50.44 | 76.63 |
| Total expenses | 44.63 | 54.55 | 53.60 | 47.63 | 39.28 | 61.51 | 46.38 | 39.52 |
| EBITDA | 2.22 | 3.52 | 2.28 | 0.79 | 8.15 | 6.21 | 8.45 | 25.37 |
| EBITDA margin | +4.7% | +6.1% | +4.1% | +1.6% | +17.2% | +9.2% | +15.4% | +39.1% |
| Depreciation | 3.31 | 4.69 | 5.73 | 5.33 | 5.06 | 5.85 | 4.61 | 4.39 |
| Interest | 37.26 | 35.94 | 42.96 | 47.64 | 57.94 | 71.47 | 85.95 | 57.72 |
| Profit before tax | 0.92 | 0.33 | (4.68) | (8.23) | (15.56) | 17.41 | (31.67) | 39.89 |
| Tax | 1.67 | 1.52 | (7.49) | (2.18) | (3.78) | 1.14 | (2.49) | 15.32 |
Financial Statements
Figures in ₹ Cr; negatives in brackets. Updated 24 Oct 2026
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 472 | 1,694 | 505 | 794 | 443 | 597 | 588 | 506 |
| Revenue growth (YoY) | +6.5% | +183.8% | -14.1% | +56.8% | -16.5% | - | - | - |
| Other income | 41.56 | 34.96 | 30.66 | 21.89 | 13.58 | 70.32 | 32.20 | 28.36 |
| EBITDA | (45.86) | 216 | (82.67) | 5.99 | (28.26) | (19.80) | 38.05 | 35.23 |
| EBITDA margin | -9.7% | +12.8% | -16.4% | +0.8% | -6.4% | -3.3% | +6.5% | +7.0% |
| Depreciation | 10.26 | 13.63 | 12.22 | 10.73 | 9.84 | 10.78 | 8.83 | 9.38 |
| Interest | 20.49 | 10.94 | 14.85 | 12.37 | 31.85 | 11.14 | 65.63 | 6.34 |
| Profit before tax | (35.05) | 226 | (79.08) | 4.78 | (56.37) | 28.60 | (4.21) | 47.87 |
| Tax | (6.01) | 32.61 | (12.04) | (0.18) | (4.53) | 8.28 | 18.85 | 19.93 |
| Net profit | (29.04) | 194 | (67.04) | 4.96 | (51.84) | 20.32 | (23.06) | 27.94 |
| EPS (₹) | (1.29) | 10.18 | (3.04) | 0.26 | (2.92) | 1.00 | (1.57) | 2.16 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 3,436 | 2,222 | 1,930 | 3,633 | 990 | 1,111 | 1,359 |
| Revenue growth | +54.6% | +15.1% | -46.9% | +267.1% | -10.9% | -18.3% | - |
| Other income | 101 | 110 | 110 | 83.43 | 248 | 288 | 238 |
| Total expenses | 3,324 | 2,165 | 2,059 | 3,713 | 1,038 | 1,040 | 1,257 |
| Employee cost | 217 | 131 | 124 | 129 | 72.36 | 58.06 | 134 |
| EBITDA | 111 | 56.76 | (129) | (80.04) | (48.38) | 71.14 | 103 |
| EBITDA margin | +3.2% | +2.6% | -6.7% | -2.2% | -4.9% | +6.4% | +7.6% |
| Depreciation | 46.42 | 37.65 | 32.64 | 31.84 | 32.70 | 33.44 | 37.97 |
| Interest | 70.01 | 53.16 | 34.24 | 130 | 306 | 381 | 359 |
| Profit before tax | 95.81 | 75.92 | (85.71) | (159) | (140) | (54.96) | (56.57) |
| Tax | 15.85 | 51.18 | 22.33 | 70.69 | (7.98) | (1.42) | (10.91) |
| Net profit | 89.91 | 20.00 | (126) | (204) | (131) | (56.69) | (43.15) |
| Net profit margin | +2.6% | +0.9% | -6.5% | -5.6% | -13.2% | -5.1% | -3.2% |
| EPS (₹) | 4.55 | 1.29 | (6.80) | (14.56) | (9.37) | (4.06) | (3.10) |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 206 | 249 | 214 | 140 | 140 | 140 | 140 |
| Reserves & surplus | 3,911 | 2,314 | 880 | 1,076 | 1,294 | 1,164 | 1,224 |
| Shareholders' funds (net worth) | 4,116 | 2,563 | 1,095 | 1,216 | 1,435 | 1,304 | 1,364 |
| Minority interest | (38.54) | (24.80) | (27.92) | (14.85) | 11.20 | 5.18 | 1.81 |
| Secured loans | 7,070 | 8,475 | 8,671 | 8,053 | 8,303 | 4,876 | 3,911 |
| Unsecured loans | 2,098 | 1,616 | 1,942 | 1,626 | 2,063 | 2,497 | 2,115 |
| Total debt | 9,168 | 10,091 | 10,614 | 9,679 | 10,365 | 7,374 | 6,026 |
| Total liabilities | 13,520 | 12,957 | 11,893 | 11,093 | 11,970 | 8,847 | 7,504 |
| Assets | |||||||
| Gross block | 1,102 | 1,164 | 991 | 998 | 779 | 797 | 723 |
| Net block | 702 | 767 | 639 | 682 | 699 | 725 | 647 |
| Capital work in progress | 109 | 105 | 146 | 131 | 121 | 110 | 214 |
| Investments | 187 | 116 | 93.27 | 86.19 | 76.57 | 735 | 734 |
| Inventories | 13,660 | 12,790 | 10,654 | 9,708 | 10,353 | 5,441 | 3,985 |
| Sundry debtors | 643 | 543 | 623 | 478 | 675 | 568 | 546 |
| Cash & bank balances | 825 | 717 | 620 | 399 | 352 | 203 | 69.76 |
| Loans & advances | 925 | 951 | 751 | 748 | 774 | 1,813 | 1,888 |
| Total current assets | 16,053 | 15,000 | 12,648 | 11,334 | 12,155 | 8,025 | 6,489 |
| Total current liabilities | 4,163 | 3,418 | 1,978 | 1,441 | 1,445 | 1,003 | 853 |
| Net working capital | 11,891 | 11,582 | 10,669 | 9,893 | 10,710 | 7,022 | 5,637 |
| Total assets | 13,520 | 12,957 | 11,893 | 11,093 | 11,970 | 8,847 | 7,504 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | (177) | 13.40 | 69.13 | 62.97 | 69.91 | (21.19) | (90.19) |
| Net cash from operating activities | 848 | 488 | 376 | 2,139 | 402 | 757 | 871 |
| Net cash from investing activities | (142) | (34.59) | (132) | (31.95) | 104 | (41.14) | 52.74 |
| Net cash from financing activities | (577) | (644) | (300) | (2,101) | (422) | (645) | (771) |
| Net change in cash | 130 | (190) | (55.73) | 6.17 | 84.06 | 71.03 | 153 |
| Closing cash | 825 | 717 | 620 | 399 | 352 | 203 | 69.76 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +54.6% | +15.1% | -46.9% | +267.1% | -10.9% | -18.3% | - |
| EBITDA growth | +95.8% | +144.1% | -60.9% | -65.4% | -168.0% | -30.7% | - |
| PBT growth | +26.2% | +9998.0% | +46.0% | -13.7% | -154.0% | +2.9% | +9997.0% |
| Net income growth | +349.6% | +115.9% | +38.1% | -55.8% | -130.8% | -31.4% | - |
| Revenue CAGR (3Y) | -1.9% | +30.9% | +20.2% | +38.8% | - | - | - |
| Profitability & leverage | |||||||
| Net income margin | +2.3% | +1.1% | -5.6% | -6.3% | -13.3% | -4.8% | -3.4% |
| Return on capital employed | +1.3% | +1.0% | -0.7% | -0.3% | +1.6% | +4.0% | +4.0% |
| Return on net worth | +2.4% | +1.4% | -12.5% | -17.3% | -9.6% | -4.0% | -3.4% |
| Debt / equity | 2.88 | 5.66 | 8.78 | 7.56 | 6.48 | 5.02 | 4.42 |
| Long-term debt / equity | 0.93 | 2.00 | 3.03 | 2.92 | 1.79 | 1.92 | 2.01 |
| Interest cover | 108.16 | 278.18 | -21.21 | -116.46 | -377.91 | 1,010.16 | 555.48 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 3.03 | 2.06 | 1.94 | 4.09 | 1.26 | 1.46 | 1.88 |
| Inventory turnover | 0.26 | 0.19 | 0.19 | 0.36 | 0.13 | 0.24 | 0.34 |
| Debtors turnover | 5.80 | 3.81 | 3.50 | 6.30 | 1.59 | 2.00 | 2.49 |
| EPS (₹) | 4.55 | 1.29 | (6.80) | (14.56) | (9.37) | (4.06) | (3.10) |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 199.92 | 148.14 | 73.04 | 87.02 | 102.68 | 93.33 | 97.65 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 46.85 | 58.07 | 55.88 | 48.42 | 47.43 | 67.72 | 54.83 | 64.89 |
| Revenue growth (YoY) | -1.2% | -14.3% | +1.9% | -25.4% | -50.3% | - | - | - |
| Other income | 39.27 | 37.44 | 41.73 | 43.95 | 39.29 | 88.52 | 50.44 | 76.63 |
| Total expenses | 44.63 | 54.55 | 53.60 | 47.63 | 39.28 | 61.51 | 46.38 | 39.52 |
| EBITDA | 2.22 | 3.52 | 2.28 | 0.79 | 8.15 | 6.21 | 8.45 | 25.37 |
| EBITDA margin | +4.7% | +6.1% | +4.1% | +1.6% | +17.2% | +9.2% | +15.4% | +39.1% |
| Depreciation | 3.31 | 4.69 | 5.73 | 5.33 | 5.06 | 5.85 | 4.61 | 4.39 |
| Interest | 37.26 | 35.94 | 42.96 | 47.64 | 57.94 | 71.47 | 85.95 | 57.72 |
| Profit before tax | 0.92 | 0.33 | (4.68) | (8.23) | (15.56) | 17.41 | (31.67) | 39.89 |
| Tax | 1.67 | 1.52 | (7.49) | (2.18) | (3.78) | 1.14 | (2.49) | 15.32 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 210 | 283 | 293 | 344 | 613 | 605 | 678 |
| Revenue growth | -25.8% | -3.6% | -14.7% | -43.9% | +1.4% | -10.8% | - |
| Other income | 162 | 254 | 271 | 328 | 11.87 | 263 | 184 |
| Total expenses | 195 | 226 | 202 | 281 | 295 | 547 | 580 |
| Employee cost | 64.22 | 30.77 | 33.20 | 43.25 | 35.51 | 47.81 | 155 |
| EBITDA | 14.73 | 57.02 | 91.01 | 62.66 | 318 | 57.20 | 98.14 |
| EBITDA margin | +7.0% | +20.2% | +31.0% | +18.2% | +51.8% | +9.5% | +14.5% |
| Depreciation | 20.81 | 19.12 | 18.83 | 19.67 | 21.66 | 21.75 | 24.73 |
| Interest | 184 | 250 | 212 | 322 | 289 | 277 | 247 |
| Profit before tax | (28.16) | 41.44 | 131 | 48.95 | 19.40 | 21.81 | 10.19 |
| Tax | (11.93) | 18.19 | 49.13 | 19.93 | 23.65 | 6.05 | 3.27 |
| Net profit | (20.03) | 23.26 | 81.66 | 28.89 | (7.22) | 15.76 | 6.94 |
| Net profit margin | -9.6% | +8.2% | +27.8% | +8.4% | -1.2% | +2.6% | +1.0% |
| EPS (₹) | (0.79) | 1.39 | 5.85 | 2.08 | (0.30) | 1.13 | 0.50 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 206 | 249 | 214 | 140 | 140 | 140 | 140 |
| Reserves & surplus | 3,897 | 2,408 | 972 | 964 | 938 | 942 | 925 |
| Shareholders' funds (net worth) | 4,103 | 2,657 | 1,187 | 1,104 | 1,078 | 1,082 | 1,065 |
| Secured loans | 1,988 | 2,601 | 2,443 | 2,458 | 2,658 | 2,206 | 1,656 |
| Unsecured loans | 140 | 55.57 | 463 | 206 | 282 | 293 | 877 |
| Total debt | 2,128 | 2,656 | 2,906 | 2,663 | 2,941 | 2,499 | 2,533 |
| Total liabilities | 6,477 | 5,609 | 4,276 | 3,944 | 4,175 | 3,736 | 3,692 |
| Assets | |||||||
| Gross block | 514 | 606 | 596 | 596 | 466 | 516 | 45.79 |
| Net block | 298 | 388 | 395 | 411 | 430 | 451 | 12.85 |
| Capital work in progress | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 114 |
| Investments | 160 | 101 | 97.86 | 97.80 | 97.60 | 815 | 814 |
| Inventories | 1,468 | 1,030 | 419 | 290 | 277 | 311 | 1,046 |
| Sundry debtors | 81.84 | 107 | 131 | 152 | 271 | 295 | 383 |
| Cash & bank balances | 377 | 335 | 170 | 122 | 91.92 | 37.51 | 24.22 |
| Loans & advances | 4,171 | 3,177 | 2,048 | 1,886 | 1,982 | 1,986 | 1,120 |
| Total current assets | 6,097 | 4,649 | 2,767 | 2,450 | 2,623 | 2,630 | 2,573 |
| Total current liabilities | 1,234 | 840 | 261 | 214 | 207 | 288 | 298 |
| Net working capital | 4,863 | 3,809 | 2,506 | 2,236 | 2,416 | 2,342 | 2,275 |
| Total assets | 6,477 | 5,609 | 4,276 | 3,944 | 4,175 | 3,736 | 3,692 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | (180) | 14.02 | 32.39 | 0.86 | 12.44 | 54.88 | 14.73 |
| Net cash from operating activities | (44.84) | 206 | 24.32 | 237 | 689 | 513 | 222 |
| Net cash from investing activities | (660) | (1,109) | (39.49) | 420 | (850) | (227) | 64.06 |
| Net cash from financing activities | 687 | 709 | (3.20) | (619) | 150 | (329) | (278) |
| Net change in cash | (17.49) | (194) | (18.37) | 37.77 | (11.93) | (42.43) | 7.65 |
| Closing cash | 377 | 335 | 170 | 122 | 91.92 | 37.51 | 24.22 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | -25.8% | -3.6% | -14.7% | -43.9% | +1.4% | -10.8% | - |
| EBITDA growth | -74.2% | -37.4% | +45.2% | -80.3% | +455.6% | -41.7% | - |
| PBT growth | - | -68.3% | +167.2% | +152.3% | -11.1% | +114.0% | +9997.0% |
| Net income growth | -186.1% | -71.5% | +182.7% | +500.1% | -145.8% | +127.1% | - |
| Revenue CAGR (3Y) | -15.2% | -22.7% | -21.4% | -20.2% | - | - | - |
| EBITDA CAGR (3Y) | -38.3% | -43.6% | +16.7% | -13.9% | - | - | - |
| Profitability & leverage | |||||||
| Net income margin | -7.7% | +8.2% | +27.8% | +8.4% | -0.7% | +2.6% | +1.0% |
| Return on capital employed | +2.5% | +5.9% | +8.4% | +9.2% | +7.7% | +8.0% | +7.0% |
| Return on net worth | -0.6% | +1.3% | +7.4% | +2.7% | -0.7% | +1.5% | +0.7% |
| Debt / equity | 0.71 | 1.45 | 2.43 | 2.57 | 2.52 | 2.34 | 2.40 |
| Long-term debt / equity | 0.43 | 0.97 | 1.76 | 1.75 | 1.57 | 1.36 | 1.47 |
| Interest cover | -3,034.38 | 660.29 | 294.32 | 749.73 | 97.46 | 781.41 | 336.22 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 0.37 | 0.47 | 0.49 | 0.65 | 1.25 | 1.36 | 1.90 |
| Inventory turnover | 0.17 | 0.39 | 0.83 | 1.21 | 2.08 | 0.89 | 0.59 |
| Debtors turnover | 2.22 | 2.38 | 2.08 | 1.63 | 2.17 | 1.78 | 1.87 |
| EPS (₹) | (0.79) | 1.39 | 5.85 | 2.08 | (0.30) | 1.13 | 0.50 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 199.28 | 153.77 | 79.63 | 79.00 | 77.15 | 77.44 | 76.26 |
To see the full year-wise statements and ratios of Kalpataru Limited, buy the company report.
Board of directors of Kalpataru Limited
Kalpataru has 8 current directors and 13 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Narendra Kumar Lodha | Whole-Time Director | 02 Aug 2024 | 2 Years 2 Months | Current |
| Sunil Rewachand Chandiramani Also directs: Nyka Advisory Services LLP, Rupa & Company Ltd, Sapphire Foods India Limited and 5 more | Director | 24 Dec 2024 | 1 Years 10 Months | Current |
| Narayan Keelveedhi Seshadri Also directs: Tranzmute Business Advisory LLP, Lindner Properties Limited Liability Partnership, Shivash Business Advisory LLP and 5 more | Director | 02 Aug 2024 | 2 Years 2 Months | Current |
| Anjali Karamnarayan Seth Also directs: Kalpataru Properties Private Limited, Kalpataru Retail Ventures Private Limited, Nirlon Limited and 4 more | Director | 28 Mar 2015 | 11 Years 6 Months | Current |
| Satish Rajaram Bhujbal Also directs: Agile Real Estate Private Limited | Director | 24 Jan 2025 | 1 Years 9 Months | Current |
| Imtiaz Ismail Kanga Also directs: Kalpataru Properties Private Limited, Ardour Builders Private Limited, Keyana Estate LLP and 5 more | Director | 30 Sep 2002 | 24 Years 0 Months | Current |
Showing 6 of 8 current directors. View all directors
Auditor
Kalpataru Limited is audited by KKC & Associates LLP Chartered Accountants for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KKC & Associates LLP Chartered Accountants | FY 2023 | 105146W |
Shareholding
Shareholding for the quarter ended Sep 2026: promoters hold 81.30%, foreign institutional investors hold 5.90%, domestic institutional investors hold 8.20% and retail and other public shareholders hold 4.60%.
Sep 2026
QUARTER
81.30% Promoters
8.20% DII (Domestic Institutional)
5.90% FII (Foreign Institutional)
4.60% Retail & Others
Promoter holding - history
Now 81.30% · Sep 2026High 81.30% · Dec 2025Low 81.30% · Dec 2025
Shareholding trend - last 6 quarters
| Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | |
|---|---|---|---|---|
| Promoters | 81.30% | 81.30% | 81.30% | 81.30% |
| Public | 18.70% | 18.70% | 18.70% | 18.70% |
Charges & borrowings
Open charges
₹11,278 Cr
Satisfied charges
₹10,179 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Jun 2026 | 101321507 | Others | ₹120 Cr | Open | |
| 16 Apr 2026 | 101282420 | Others | ₹210 Cr | Open | |
| 01 Apr 2026 | 101279218 | Others | ₹185 Cr | Open | |
| 26 Mar 2026 | 101275856 | Others | ₹85 Cr | Open | |
| 24 Mar 2026 | 101276650 | Others | ₹220 Cr | Open |
To see the full charge records of Kalpataru Limited, buy the company report.
Total charge records: 127 View all charges
Deals & funding
Kalpataru Limited has 9 deals on record (4 secondary share transfers, 1 debt financing, 1 ipo), with disclosed funding of ₹1,753 Cr; the latest was in May 2026.
Total deals
9
Secondary share transfers
4
Debt financing
1
IPO
1
Convertible or debt financing
1
Disclosed funding
₹1,753 Cr
Deals on record (5 of 9)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2025 | IPO | ₹1,590 Cr | Investors: Government of Singapore, Aditya Birla Sun Life Insurance Company Limited , Sbi General Insurance Company Limited |
| Mar 2017 | Secondary share transfer | Undisclosed | Buyer: K C Holdings Private Limited Seller: Neo Pharma Private Limited |
| Dec 2011 | Secondary share transfer | Undisclosed | Buyer: Neo Pharma Private Limited , Klassik Vinyl Products Pvt Ltd , Kalpataru Constructions Private Limited Seller: Ananta Landmarks Private Limited |
| Mar 2008 | Secondary share transfer | Undisclosed | Buyer: Mofatraj P Munot HUF, MPM Holding Private Limited Seller: Appropriate Developers Private Limited |
| Feb 2008 | Secondary share transfer | Undisclosed | Buyer: Appropriate Developers Private Limited , Flex-O-Poly Private Limited , Mrigashish Constructions Private Limited , an individual Seller: Mofatraj P Munot HUF, MPM Holding Private Limited , Shouri Investment and Trading Company Private Limited , an individual |
To see the full deal history of Kalpataru Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Kalpataru Limited has 113 court cases on record: 60 filed by Kalpataru, 53 filed against it. 37 cases are pending and 76 are disposed.
Total cases
113
Filed by the company
60
Filed against the company
53
Pending
37
Disposed
76
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 59 | 24 | 12 |
| District courts | 53 | 29 | 25 |
| Supreme Court | 1 | 0 | 0 |
Cases on record (5 of 113)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed by the company against S.K.Kabbur Pvt.Ltd and 5 Ors. | Pending |
| High Court | Arbitration matter | Filed against the company by MT Development LLP | Disposed |
| High Court | Interim or miscellaneous application | Filed against the company by Shivkrupa Gruhpravesh LLP and 7 others | Disposed |
| High Court | Arbitration matter | Filed against the company by Shivkrupa Gruhpravesh LLP and 7 others | Disposed |
| High Court | Court case (COMSS) | Filed by the company against Akshay Gruhpravesh LLP and 8 others | Disposed |
To see the full case history of Kalpataru Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
Kalpataru Limited has 11 MSME Form 1 returns on record between 2020 and 2024, listing 239 overdue payments to 81 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 81)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| Ym Landmark Private Limited | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Kalpataru Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Kalpataru has 29 subsidiary companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
29
Subsidiary companies
Key subsidiaries
| Company Name | CIN | Shares held |
|---|---|---|
| Azure Tree Enviro Farms Private Limited | U01111MH2007PTC169060 | |
| Azure Tree Orchards Private Limited | U01403MH2007PTC169050 | |
| Axiom Orchards Private Limited | U01403MH2007PTC169051 | |
| Anant Orchards Private Limited | U01403MH2007PTC172351 | |
| Amber Orchards Private Limited | U01403MH2007PTC172727 | |
| Astrum Orchards Private Limited | U01403MH2007PTC172853 |
To see the full group structure of Kalpataru Limited, buy the company report.
Employees & EPFO
Kalpataru Limited has a workforce of 86 employees on its EPFO records as of Apr 08, 2024, across 2 active EPFO establishments.
Employee count
86
Active EPFO establishments
2
Employee growth
-10.42%
GST
Kalpataru has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACK2108G1ZZ | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Kalpataru Limited, buy the company report.
Recent activity
Kalpataru Limited has 21 board changes on record since 1988: 9 appointments and 12 cessations. The latest: Satish Rajaram Bhujbal was appointed as Director on 24 Jan 2025.
Charges
A charge with Others amounted to Rs. 120.00 Cr with Charge ID 101321507 was registered on 24 Jun 2026.
Charges
A charge registered on 26 Mar 2025 via Charge ID 101094848 with Others was fully satisfied on 12 Jun 2026.
Charges
A charge with Others of Rs. 1,125.00 Cr registered on 20 Aug 2022 with Charge ID 100616410 was modified on 30 Apr 2026.
Charges
A charge with Others amounted to Rs. 210.00 Cr with Charge ID 101282420 was registered on 16 Apr 2026.
Charges
A charge registered on 22 Jun 2022 via Charge ID 100593444 with Others was fully satisfied on 15 Apr 2026.
Charges
A charge registered on 28 Apr 2025 via Charge ID 101084393 with Others was fully satisfied on 14 Apr 2026.
Charges
A charge registered on 20 Aug 2024 via Charge ID 100972931 with Others was fully satisfied on 14 Apr 2026.
Charges
A charge with Others amounted to Rs. 185.00 Cr with Charge ID 101279218 was registered on 01 Apr 2026.
Filing
Kalpataru Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Mumbai I.
Charges
A charge with Others amounted to Rs. 85.00 Cr with Charge ID 101275856 was registered on 26 Mar 2026.
Charges
A charge with Others amounted to Rs. 220.00 Cr with Charge ID 101276650 was registered on 24 Mar 2026.
Charges
A charge with Others amounted to Rs. 120.00 Cr with Charge ID 101276660 was registered on 24 Mar 2026.
271 earlier events are in the company report.
News
Kalpataru: Operational Highlights for H1 FY 2026-27; Pre Sales Reach ₹2,587 Crores, Collections Increase by 9% Year Over Year; New Premium Project Kalpataru Elaara Launched in Goregaon, Mumbai.
From our blog
Frequently asked questions
Kalpataru is an active public limited company based in Mumbai, Maharashtra, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 22 December 1988 (38+ years old) and is registered under CIN L45200MH1988PLC050144. Listed on BSE: 544423 and NSE: KALPATARU.
Kalpataru reported revenue of ₹3,435.62 Cr for FY 2025-26 (up 54.6% YoY) based on consolidated financials.
Kalpataru has 8 current directors:
- Parag Mofatraj Munot - Managing Director
- Narendra Kumar Lodha - Whole-Time Director
- Sunil Rewachand Chandiramani - Director
- Narayan Keelveedhi Seshadri - Director
- Anjali Karamnarayan Seth - Director
- Satish Rajaram Bhujbal - Director
- Imtiaz Ismail Kanga - Director
- Mofatraj Pukhraj Munot - Director
The latest financial statements of Kalpataru on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Kalpataru is 27AAACK2108G1ZZ, registered in Maharashtra.
The CIN (Corporate Identification Number) of Kalpataru is L45200MH1988PLC050144. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Kalpataru is a listed company as per MCA records. Its shares are listed on both BSE (code: 544423) and NSE (symbol: KALPATARU).
Kalpataru has 113 court cases on record: 60 filed by the company and 53 filed against it. 37 are pending. Most are in the high courts.
Kalpataru was incorporated on 22 December 1988, making it 38+ years old. It is registered with the Registrar of Companies, Mumbai.
Kalpataru has 9 deals on record (4 secondary share transfers, 1 debt financing, 1 ipo), with disclosed funding of ₹1,753 Cr; the latest was in May 2026.
Satish Rajaram Bhujbal was appointed as Director on 24 Jan 2025. Satish Rajaram Bhujbal ceased to be Additional Director on 24 Jan 2025. Sunil Rewachand Chandiramani ceased to be Additional Director on 29 Dec 2024. Kalpataru has 21 board changes on record in total.