India · Delayed Price · Currency is INR Kalpataru Earnings Call Transcripts
Fiscal Year 2027
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Q1 FY27 saw 6% pre-sales growth to INR 1,329 crores and 17% higher collections, despite a net loss due to project completion-based revenue recognition. Debt optimization continued, and launches plus completions remain on track, with a 23% pre-sales growth targeted for FY27.
Fiscal Year 2026
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FY 2026 saw record pre-sales, collections, and revenue growth, with strong execution and delivery. Net debt-to-equity improved, margins expanded, and robust project launches and completions provide visibility for FY 2027. Management expects continued growth despite macro uncertainties.
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Q3 FY 2026 saw a 14% drop in pre-sales due to regulatory delays, but collections grew 17% year-over-year. Revenue and EBITDA declined for the quarter, with a PAT loss, while future inflow visibility and project pipeline remain strong. Net debt is expected to end higher than initial guidance.
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Pre-sales and collections saw robust year-on-year growth in H1 FY26, with strong project launches and sustained demand in key markets. Net debt and leverage improved, and the company expects to meet or exceed full-year guidance, supported by a healthy pipeline and ongoing refinancing efforts.