Realty · NSE/BSE: KALPATARU

Kalpataru Limited

Residential, Commercial Projects
Market Cap ₹0.07L Cr
Verdict: Average

Quality Scores

Multi-Bagger
68/100
Compounder Quality
48/100
Management Credibility
60/100
Governance
62/100
Cash Flow Quality
78/100

AI Summary

Kalpataru Limited is a long-standing Mumbai-based real estate player with a complex financial history transitioning from a period of heavy losses and high debt (FY20-FY24) toward a volatile recovery in FY25-FY26. The company operates as an integrated developer, but its historical financials show a significant struggle with interest burdens and negative operating margins. Recent quarters indicate a massive jump in sales and return to profitability, likely driven by project completions and revenue recognition under Ind-AS 115. However, the capital structure remains heavily leveraged with over…

Top Opportunities

  • Significant revenue growth TTM (+55%)
  • High promoter holding at 81.3%
  • Positive and robust Cash from Operations (848 Cr in Mar 2026)

Top Risks

  • Very low ROCE of 1.34% indicating capital inefficiency
  • High Stock P/E of 71.6 relative to growth
  • History of multi-year net losses (2020-2024)

Latest report: Read the annual report summary →

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