Summary of Key Information:
Reporting Period (Quarter/Year): Quarter and six months ended September 30, 2026
Nature of Filing / Announcement: Outcome of Board Meeting - Unaudited Financial Results
Audit Opinion:
Review report by S R B C & CO LLP - No modifications, nothing came to attention causing belief that financial results contain material misstatement.
Key Financial Highlights [Rs. in lakhs]:
Standalone Results:
Quarter ended September 30, 2026:
- Revenue from Operations: ₹3,149 lakhs (vs ₹8,819 lakhs in Q1, ₹1,168 lakhs in Q2 previous year)
- Total Income: ₹3,453 lakhs
- Net Profit: ₹147 lakhs (vs ₹1,590 lakhs in Q1, loss of ₹74 lakhs in Q2 previous year)
- EPS: Basic ₹1.66, Diluted ₹1.66
Six months ended September 30, 2026:
- Revenue from Operations: ₹11,969 lakhs (vs ₹1,728 lakhs previous year)
- Total Income: ₹12,567 lakhs
- Net Profit: ₹1,737 lakhs (vs loss of ₹214 lakhs previous year)
- EPS: Basic ₹19.58, Diluted ₹19.57
Balance Sheet (Standalone as at September 30, 2026):
- Cash and Cash Equivalents: ₹1,282 lakhs
- Total Debt (Borrowings + Lease liabilities): ₹92,482 lakhs
- Other Equity: ₹13,121 lakhs
- Total Assets: ₹79,811 lakhs
Consolidated Results:
Quarter ended September 30, 2026:
- Revenue from Operations: ₹3,344 lakhs
- Net Profit: ₹57 lakhs (attributable to owners: ₹53 lakhs)
- EPS: Basic ₹0.59, Diluted ₹0.59
Six months ended September 30, 2026:
- Revenue from Operations: ₹12,539 lakhs
- Net Profit: ₹1,524 lakhs (attributable to owners: ₹1,515 lakhs)
- EPS: Basic ₹17.09, Diluted ₹17.07
Balance Sheet (Consolidated as at September 30, 2026):
- Cash and Cash Equivers: ₹1,861 lakhs
- Total Debt (Borrowings + Lease liabilities): ₹92,822 lakhs
- Other Equity: ₹12,707 lakhs
- Total Assets: ₹82,349 lakhs
Segment-wise Performance:
The Company is predominantly engaged in Real Estate business with no separate reportable operating segments as per Ind AS 108.
Corporate Actions:
- NCD Redemptions: In previous quarter, redeemed ₹11,090 lakhs secured listed NCDs (subscribed by Marubeni Corporation) and ₹14,000 lakhs secured unlisted NCDs (subscribed by India Realty Excellence IV)
- ESOP Grants: Granted 139,826 options on August 10, 2026 and 101,748 options on August 24, 2026 under Kolte-Patil Employees Stock Option Scheme, 2021 with exercise price of ₹10 per option
- Subsidiary Conversion: Kolte-Patil Foundation converted to private limited company named 'Kolte-Patil Homes Private Limited' effective September 28, 2026
- Amalgamation Scheme: Board approved draft scheme for amalgamation of Kolte-Patil Lifespaces Private Limited and Kolte-Patil Smart Spaces Private Limited with appointed date of April 01, 2026 (subject to approvals)
Other Significant Information:
- Debt-Equity Ratio (Standalone): 0.68 as at September 30, 2026
- Current Ratio (Standalone): 1.01 as at September 30, 2026
- Operating Margin (Standalone): -0.5% for Q2, 16% for six months
- Inventory increased by ₹47,156 lakhs in six months
- Trade payables increased by ₹53,944 lakhs in six months