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Kolte-Patil Developers Limited (KOLTEPATIL) Fair Value & Analysis

Real Estate · IN · Market cap ₹41.3B

KP Kolte-Patil Developers Limited KOLTEPATIL · BSE
Price₹467.10
Fair Value₹204.28
Upside-56.3%
Quality58/100
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Strengths

Healthy Growth
Low debt · generates free cash flow

Risks

!Trades 56% ABOVE our fair value of ₹204.28
!Thin margins · 7.9% net margin
!Mixed vs. peers (6/14)
!Narrow moat 34/100
Healthy Growth
Thin margins · 7.9% net margin
Low debt · generates free cash flow
Mixed vs. peers (6/14)
Narrow moat 34/100
Evidence: High Range ₹153.21 – ₹255.34 Share as image

Fair value as of: Aug 21, 2026

From 14 valuation models · updated yesterday

Share price +21.2% over the past month.

A solid business, but screening 56% overvalued on our models.

What runs behind every stock

69 individual criteria per stock, every one traceable See the method →

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What matters now

  • The price sits above even our optimistic bull case (₹255.34). The favourable scenario is already priced in.
  • Solid but not exceptional quality (58/100) and above fair value, neither a clear bargain nor a standout compounder.
  • As a real-estate business, asset- and dividend-based methods carry more weight here than a standard DCF.
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Price vs Fair Value (5 years)

₹560.75 ₹203.45 Fair Value ₹204.28 Apr 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 21, 2026.

How to read this chart

60‑month range ₹203.45 – ₹560.75 · fair‑value band ₹153.21 – ₹255.34 · the ₹467.10 price screens above the ₹204.28 fair value. Dashed = 300-day average. As of Aug 21, 2026.

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Analysis

Kolte-Patil Developers Limited (KOLTEPATIL) currently trades at ₹467.10, while our model-based Fair Value estimate is ₹204.28, implying the stock looks roughly 56.3% overvalued today. The Quality Score stands at 58/100 (solid quality), in the Real Estate sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium, the entry price still matters most (evidence: high).

Over the trailing twelve months, Kolte-Patil Developers Limited generated revenue of ₹15.7B at a net margin of 7.9%. It earns a return on equity of -3.7%. Net debt stands at ₹9.3B. The stock trades on a trailing P/E of 80.0. Fundamentals as of Aug 21, 2026

Our scenario range runs from ₹153.21 (bear case) to ₹255.34 (bull case); at ₹467.10, the current price sits above that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 16% below its 52-week high and 60% above its 52-week low, currently above its 200-day average. For context, the median of 10 Real Estate peers we cover trades at 45% fair-value upside, at -56%, KOLTEPATIL screens richer than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Model Bear Bear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull Bull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. Evidence
Highest evidence
Growth DCF ₹378.02 ₹762.61 ₹1,383 80
Residual Income ₹88.60 ₹108.63 ₹250.32 76
Rev-Margin DCF ₹251.95 ₹428.82 ₹679.57 74
All 14 models by family
DCF Models
FCF DCF ₹389.76 ₹690.16 ₹1,468 38
5Y Revenue Exit ₹251.95 ₹434.24 ₹690.24 39
5Y EBITDA Exit ₹303.62 ₹550.81 ₹878.15 41
10Y Revenue Exit ₹286.46 ₹485.17 ₹798.44 36
10Y EBITDA Exit ₹328.56 ₹575.22 ₹986.30 37
Multiples
P/S Multiple ₹153.21 ₹204.28 ₹255.34 58
P/B Multiple ₹140.41 ₹187.22 ₹234.02 55
EV/EBIT ₹327.83 ₹430.49 ₹533.15 53
EV/EBITDA ₹278.37 ₹364.54 ₹450.71 54
EV/Revenue ₹189.71 ₹262.51 ₹335.30 43
Asset-Based
NCAV (Graham) ₹46.80 ₹62.72 ₹93.61 50
Growth DCF
Growth DCF ₹378.02 ₹762.61 ₹1,383 80
Rev-Margin DCF ₹251.95 ₹428.82 ₹679.57 74
Economic Profit
Residual Income ₹88.60 ₹108.63 ₹250.32 76

Widest divergence: DCF Models (₹550.81) versus Asset-Based (₹62.72). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) ₹15.7B
Revenue growth (YoY) +1,017%
Net margin 7.9%
Return on equity -3.7%
Free cash flow ₹2.2B FY2025
P/E ratio 80.0
More key figures
Operating margin 20.1%
EPS (TTM) ₹5.84
EPS growth (YoY) -84.7%
Net debt ₹9.3B FY2025

Figures from reported company fundamentals · as of Aug 21, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 58/100

Of which business quality 56 · Market factors (momentum, volatility) 61

Profitability 29
Margins and returns on capital today
Quality Growth 74
Are margins and returns improving?
Cashflow 74
Earnings quality: real cash, not paper profit
Fin. Strength 21
Balance sheet, leverage, solvency risk
Investment 81
Disciplined investing over empire-building
Low Volatility 80
Calm price path (market factor)
Momentum 54
Price trend over the last 3–12 months (market factor)
52W Momentum 51
Distance to the 52-week high (market factor)
Net Issuance 82
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

Kolte-Patil Developers Limited operates as a real estate development company in India. It constructs and develops residential complexes, commercial and retail complexes, IT parks, and integrated townships; rents immovable properties; and provides project management services for managing and developing real estate projects.

Full company description

Kolte-Patil Developers Limited operates as a real estate development company in India. It constructs and develops residential complexes, commercial and retail complexes, IT parks, and integrated townships; rents immovable properties; and provides project management services for managing and developing real estate projects. The company markets its projects under the Kolte-Patil and 24K brands. Kolte-Patil Developers Limited was founded in 1970 and is based in Pune, India.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Kolte-Patil Developers Limited reported revenue of ₹17.2B in FY2025 versus ₹6.9B in FY2021, a compound +25.5%/yr. Reported net income was ₹1.1B in FY2025.

Growth Quality 78/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Latest Revenue (FY 2025)
₹17.2B
Latest YoY
+25.2%
Avg. growth/yr (3Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+15.4%
Avg. growth/yr (5Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+8.7%
Avg. growth/yr (8Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+7.5%
Revenue +25.5%/yr
FY21 ₹6.9B
FY22 ₹11.2B
FY23 ₹14.9B
FY24 ₹13.7B
FY25 ₹17.2B
Net income
FY21 −₹55.2M
FY22 ₹794M
FY23 ₹1.0B
FY24 −₹694M
FY25 ₹1.1B

KOLTEPATIL screens 56% overvalued. Compare with DLF Limited →

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Cite: Fair Value Calculator (2026). "Kolte-Patil Developers Limited Fair Value". https://www.fairvalue-calculator.com/stock/KOLTEPATIL

Peer Group

Real Estate - Development · 598 stocks

How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.

Quality Score 58 · Top 25%
Fair Value upside −56% · Bottom 25%
Return on assets -1% · Bottom 25%
Net margin (TTM) 8% · Above median
Operating margin (TTM) 20% · Above median
Revenue growth 1017% · Top 25%
Dividend yield (TTM) 0.7% · Bottom 25%
Debt / equity 0.01× · Lower than 75% of peers

Valuation Multiples vs Real Estate - Development median · lower = cheaper

P/E (TTM) 80.0× · Pricier than 75% of peers
P/B 4.98× · Pricier than 75% of peers
P/S (TTM) 2.63× · Pricier than 75% of peers
P/FCF 0.2× · Cheaper than median
EV/EBITDA 27.1× · Pricier than 75% of peers

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUEFUTUREPASTHEALTHDIVIDEND
This stock
VALUEFUTUREPASTHEALTHDIVIDEND
Sector peers
VALUE0 · sector 42
FUTURE100 · sector 0
PAST0 · sector 9
HEALTH100 · sector 85
DIVIDEND15 · sector 55

VALUE 0: the price sits above our fair-value range.

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

Similar stocks

10 more Real Estate - Development stocks, each showing price versus our Fair Value estimate (as of Aug 21, 2026).

Stock Price Fair Value vs Fair Value
DLF Limited DLF ₹667.10 ₹170.24 -74%
Macrotech Developers Limited LODHA ₹1,244 ₹583.42 -53%
PT Pantai Indah Kapuk Dua Tbk, PANI 6,050 IDR 1,330 IDR -78%
PT Jaya Real Property, Tbk., JRPT 1,075 IDR 1,674 IDR +56%
PT Bumi Serpong Damai Tbk, BSDE 610.00 IDR 1,525 IDR +150%
PT Sentul City Tbk, BKSL 77.00 IDR 192.50 IDR +150%
PT Ciputra Development Tbk, CTRA 610.00 IDR 1,525 IDR +150%
PT Duta Pertiwi Tbk DUTI 4,300 IDR 6,239 IDR +45%
PT Puradelta Lestari Tbk DMAS 147.00 IDR 164.33 IDR +12%
Phat Dat Real Estate Development Corporation PDR 12,100 VND 4,943 VND -59%

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Frequently asked questions

Is Kolte-Patil Developers Limited (KOLTEPATIL) overvalued or undervalued?
As of Aug 21, 2026, our model estimates a fair value of ₹204.28 versus a price of ₹467.10, about −56% (overvalued).
What is the fair value of KOLTEPATIL?
Our model-based fair value for Kolte-Patil Developers Limited is ₹204.28 (as of Aug 21, 2026), built from audited fundamentals. The current price: ₹467.10.
What is the quality score of KOLTEPATIL?
Kolte-Patil Developers Limited has a Quality Score of 58/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the revenue of Kolte-Patil Developers Limited (KOLTEPATIL)?
Kolte-Patil Developers Limited reported trailing-twelve-month revenue of about ₹15.7B (latest available figure, as of Aug 21, 2026).
What is the net profit margin of KOLTEPATIL?
The net profit margin of Kolte-Patil Developers Limited is about 7.9%, meaning it keeps roughly 7.9% of revenue as net income. Based on the latest reported figures.

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

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