Pune-based residential developer posts 18% quarterly sales jump and all-time high realisation figures. Shares of Kolte-Patil Developers Ltd surged by 15% on 17 April after the firm released its Q4 FY26 business update, logging its seventh consecutive session of gains and its sharpest single-day rise since January 2023.

Quarterly sales climbed 13% year-on-year to Rs 714 crore, while collections hit Rs 834 crore, up 18% both on a YoY and quarter-on-quarter basis. Realisations set a new record at Rs 9,601 per sq ft in Q4 FY26, up 21% from the year-ago quarter and 10% sequentially. Managing Director Rajesh Patil told exchanges the company is ‘well positioned to drive consistent growth and create long-term value for stakeholders.’

Sales volume for Q4 FY26 reached 0.74 million sq ft, up 7% QoQ, with the flagship Life Republic township alone contributing 0.37 million sq ft of that figure. The Pune-based developer launched around 1 million sq ft of new projects during the quarter, taking full-year FY26 launches to 4.6 million sq ft.

For the full year, annual collections rose 11% to Rs 2,689 crore, supported by a five-year collection CAGR of 19%. Annual sales, however, dipped 7% to Rs 2,605 crore as volumes declined 13% YoY to 3.13 million sq ft. During FY26, the company acquired projects in Bhugaon at an aggregate gross development value of Rs 2,250 crore. Funds affiliated with Blackstone also acquired a 40% stake in KPDL during the year.

At 12:32 pm on BSE, shares were trading up by 11.70% at Rs 386.65, touching an intraday high of Rs 398.40. The stock has gained over 30% in April also, its best monthly run since September 2021, and is up 15.90% over the past year.

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