AI Summary
✦ ClarthaKolte-Patil Developers is an Indian real estate development company focused on residential complexes, commercial spaces, and IT parks. Integrated townships, property rentals, and project-management services add revenue, marketed under Kolte-Patil and 24K. The ₹6,000 crore Mumbai expansion across six redevelopment projects could increase future bookings and revenue scale, though leadership transition and restructuring cloud near-term execution. Revenue grew 25.2%, while profit rose 253.7%; improving margins indicate operating recovery, but negative 3.7% ROE reflects weak capital efficiency. Debt/equity of 98.24 implies extreme leverage, magnifying financial risk and depressing shareholder returns despite earnings growth. At 78.6 times earnings, the stock appears rich and trades well above its growth rate. Positive sentiment depends on converting Mumbai redevelopment opportunities into cash flows without further balance-sheet strain.
Valuation Metrics
Trading 9.6% above historical median. Valuation is rising — currently in the overvalued zone (z-score: +0.53). Confidence: 84%.
Live forward EPS implies next-12-month EPS of ₹24.50. Applying the stock's normalized valuation corridor produces a fair range of ₹1,527.82 to ₹1,911.74, with base value near ₹1,692.21 (+266.1% vs current price).
Live forward estimate anchored to the company's historical valuation corridor.
Forward EPS
₹24.50
Forward P/E
18.9x
Base Fair Value
₹1,692.21
Fair Range
₹1,527.82 - ₹1,911.74
Upside To Base
+266.1%
Estimate Source
Live forward EPS
5Y Average
61.79
Current
75.70
Overvalued
78.03
Undervalued
62.36
5Y Average
3.37
Current
3.40
Overvalued
3.88
Undervalued
2.87
5Y Average
4.38
Current
5.58
Overvalued
5.04
Undervalued
3.73
Peers & Comparison
Sector: Real Estate
| Company | Rev. Growth | Margin | P/E | vs Avg | 52W Perf. |
|---|---|---|---|---|---|
KNOWLEDGE MARINE & EN W L KMEWReal Estate | +42.4% | 30.7% | 75.5x Premium | +75% vs avg | +208.2% |
KALPATARU LIMITED KALPATARUReal Estate | +6.5% | 3.4% | 60.2x Premium | +40% vs avg | -30.0% |
GANESH HOUSING LIMITED GANESHHOUReal Estate | +85.6% | 41.4% | 24.3x Undervalued | -44% vs avg | -11.4% |
BRIGADE ENTER. LTD BRIGADEReal Estate | -0.2% | 11.3% | 30.8x Undervalued | -29% vs avg | -16.8% |
MAHINDRA LIFESPACE DEVLTD MAHLIFEReal Estate | +2909.5% | 15.8% | 24.7x Undervalued | -43% vs avg | +13.3% |
KOLTE PATIL DEV. LTD. trades at a premium (75.8x vs peer avg 43.1x), implying higher growth or quality expectations from the Real Estate cohort. Peers include KNOWLEDGE MARINE & EN W L, KALPATARU LIMITED, GANESH HOUSING LIMITED — selected based on business model, industry classification, market cap similarity, and business theme alignment.
Financials
Real statement data for revenue, earnings quality, conversion, and balance-sheet coverage. Monetary values are shown in Rs crore.
Latest revenue
₹236 CrMar 2026Latest net profit
₹-0.90 CrMar 2026Latest EPS
₹-0.10Mar 2026Net margin
-2.3%Mar 2026Performance
Bars show revenue and net profit. The line shows net margin.
- Revenue
- Net income
- Net margin %
Earnings
Revenue is shown in crores. EPS is rupees per share.
- Revenue
- EPS
Revenue to profit conversion
Bridge from operating numbers to profit for the latest reported period.
Latest reported period: Mar 2026
Debt level and coverage
Debt, cash and free cash flow compared on the same crore scale.
- Debt
- Free cash flow
- Cash & equivalents
Results
| Metric | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 407.71 | 249.05 | 101.94 | 20.26 | 207.89 | 64.50 | 277.45 | 299.38 | 461.96 | 56.01 | 116.82 | 249.17 | 236.34 |
| Expenses + | 342.37 | 238.52 | 113.43 | 49.49 | 256.77 | 90.52 | 257.74 | 274.60 | 400.02 | 83.56 | 149.62 | 236.41 | 241.66 |
| Operating Profit | 65.34 | 10.53 | -11.49 | -29.23 | -48.88 | -26.02 | 19.71 | 24.78 | 61.94 | -27.55 | -32.80 | 12.76 | -5.32 |
| OPM % | 16.03% | 4.23% | -11.27% | -144.27% | -23.51% | -40.34% | 7.10% | 8.28% | 13.41% | -49.19% | -28.08% | 5.12% | -2.25% |
| Other Income + | 5.86 | 6.93 | 35.48 | 7.19 | 5.50 | 6.75 | 9.08 | 21.33 | 2.91 | 19.01 | 30.15 | 31.21 | 23.15 |
| Interest | 8.00 | 8.27 | 6.78 | 30.93 | 21.51 | 22.30 | 10.26 | 5.92 | 13.83 | 6.98 | 2.95 | 10.51 | 6.56 |
| Depreciation | 1.90 | 2.46 | 2.61 | 3.23 | 3.14 | 3.31 | 2.18 | 3.15 | 3.25 | 3.98 | 3.96 | 3.72 | 3.32 |
| Profit before tax | 61.30 | 6.73 | 14.60 | -56.20 | -68.03 | -44.88 | 16.35 | 37.04 | 47.77 | -19.50 | -9.56 | 29.74 | 7.95 |
| Tax % | 32.50% | 23.18% | -20.07% | -8.27% | -37.07% | -11.07% | 41.35% | 21.22% | 31.34% | -28.46% | -21.97% | 31.61% | 111.32% |
| Net Profit + | 41.38 | 5.17 | 17.53 | -51.55 | -42.81 | -39.91 | 9.59 | 29.18 | 32.80 | -13.95 | -7.46 | 20.34 | -0.90 |
| EPS in Rs | 5.44 | 0.68 | 2.31 | -6.78 | -5.63 | -5.25 | 1.26 | 3.84 | 4.32 | -1.57 | -0.84 | 2.29 | -0.10 |
| Raw PDF |
All values in ₹ Crores unless otherwise stated. Source: Screener Master (Standalone).