Kalpataru Limited's Board of Directors approved the audited standalone and consolidated financial results for the quarter and financial year ended March 31, 2026. The company reported its highest-ever operational performance in FY26, with record pre-sales and collections. The statutory audit was conducted by KKC & Associates LLP, which issued an unmodified opinion on the results. Pursuant to Regulation 47 of the SEBI Listing Regulations, the company published an extract of its audited standalone and consolidated financial results in the Economic Times (English) and Loksatta (Marathi) on May 13, 2026. The publication also included a QR Code and a webpage link to access the full financial results.

Earnings Conference Call

In compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Kalpataru concluded its Earnings Conference Call with Analysts and Investors on May 13, 2026, at 10:40 a.m. (IST). The call covered the audited standalone and consolidated financial results and developments for the quarter and financial year ended March 31, 2026. The Financial Results and the Investor Presentation, which were sent to the Stock Exchanges vide intimations dated May 12, 2026, and uploaded on the company's website at https://www.kalpataru.com/investor-corner , were referred to during the call. The company confirmed that no unpublished price sensitive information was shared during the call. Pursuant to Regulation 30 and 46 of SEBI Listing Regulations, the audio recording of the Earnings Conference Call is accessible on the company's website at https://www.kalpataru.com/uploads/1778663361\_6a043fc1ee7d9.mp3 .

Management Outlook for FY27

Management did not provide formal guidance for FY27, citing prevailing global and local economic conditions. However, the company expressed confidence in a continued "growth story" going forward. Management noted that previous Q4 FY26 guidance was achieved, particularly in revenue and profitability from handover projects. New launches for FY27 are planned at 5 million square feet valued at INR 7,800 crores, spread throughout the year with approximately three launches scheduled in the first half. Key highlights from the management commentary are summarised below:

Management also confirmed cash flow visibility for the next year, underpinned by the 5.5 million square feet scheduled for completion in FY27. New launches worth INR 7,000 to INR 8,000 crores are planned to be added to the pipeline, bringing total inventory to approximately INR 30,000 crores. Anticipated margins range from 20% to 25% at the revenue reporting level and 25% to 30% in cash flows, as most acquisition payments have already been made.

Operational Highlights

Kalpataru delivered record pre-sales of ₹1,833 crore in Q4 FY26, up 6% YoY, while collections surged 41% YoY to ₹1,487 crore. For the full year FY26, pre-sales reached an all-time high of ₹5,280 crore, up 17% YoY, with collections at ₹4,960 crore, up 34% YoY. The average sale realization for FY26 stood at ₹16,719 per sq.ft., a 20% increase from the previous year.

Q4 FY26 Operational Performance

FY26 Full Year Operational Performance

Consolidated Financial Performance

On a consolidated basis, revenue from operations for Q4 FY26 stood at ₹1,694 crore, up 184% YoY, while for the full year FY26, it was ₹3,436 crore, up 55% YoY. The company follows a Project Completion Method (PCM) for revenue recognition for projects started post April 2022. In Q4 FY26, the company received Occupation Certificates (OCs) for six towers of Kalpataru Vivant, one phase of Kalpataru Aria, and one tower of Kalpataru Elitus, totaling approximately 1.37 msf. Adjusted EBITDA for Q4 FY26 was ₹612 crore, up 208% YoY, with a margin of 36.1%. For FY26, Adjusted EBITDA stood at ₹1,022 crore, up 50% YoY, with a margin of 29.8%. Profit After Tax (PAT) was ₹194 crore in Q4 FY26 and ₹80 crore for FY26.

Standalone and Consolidated Financial Results Extract

The newspaper publication included an extract of the audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. The key figures are presented below (Rs. in Lakhs):

Balance Sheet and Net Debt

Net Debt as on March 31, 2026, stood at ₹8,106 crore, with the Net Debt/Equity Ratio improving to 2.0x from 3.8x as on March 31, 2025. Total assets on a consolidated basis were ₹17,68,241 lakhs, while total equity was ₹4,07,793 lakhs. The Board also approved a Composite Scheme of Arrangement to simplify the group structure, involving the demerger of the Korum Mall business and the amalgamation of certain subsidiaries with Kalpataru Limited, subject to necessary approvals.

The Board of Directors of Kalpataru Limited has received the resignation of Mr. Yogesh Singhvi from the position of Secretarial Auditor, effective May 12, 2026. The company informed the National Stock Exchange of India Limited and BSE Limited that the resignation was submitted with immediate effect via a letter dated May 12, 2026.

Reason for Resignation

Mr. Yogesh Singhvi cited pre-occupation and other professional commitments as the reason for his resignation. In his resignation letter, he stated that his current workload would not allow him to devote the necessary time and resources required to fulfil the audit obligations for the upcoming period.

Board Confirmation

The company clarified that there are no concerns raised by the outgoing Secretarial Auditor regarding the management of Kalpataru Limited, nor is there any material reason for the resignation other than those stated. Mr. Singhvi confirmed that there are no other material reasons or concerns related to the management or operations of the company that contributed to this decision.

The details of the change have been provided in accordance with the SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026. The intimation has also been uploaded on the company's website.