Loading...

Kolte-Patil Developers

NSEI:KOLTEPATIL
Snowflake Description

Acceptable track record with mediocre balance sheet.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
KOLTEPATIL
NSEI
₹16B
Market Cap
  1. Home
  2. IN
  3. Real Estate
Company description

Kolte-Patil Developers Limited operates as a real estate company in India. The last earnings update was 21 days ago. More info.


Add to Portfolio Compare Print
KOLTEPATIL Share Price and Events
7 Day Returns
-2.2%
NSEI:KOLTEPATIL
-2.9%
IN Real Estate
-1.8%
IN Market
1 Year Returns
-24.1%
NSEI:KOLTEPATIL
-7.7%
IN Real Estate
-1.3%
IN Market
KOLTEPATIL Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Kolte-Patil Developers (KOLTEPATIL) -2.2% -3.9% -18.3% -24.1% 56.5% 33.2%
IN Real Estate -2.9% 6.2% 0.9% -7.7% 37.9% 11.9%
IN Market -1.8% 3.6% -0% -1.3% 31.8% 41.4%
1 Year Return vs Industry and Market
  • KOLTEPATIL underperformed the Real Estate industry which returned -7.7% over the past year.
  • KOLTEPATIL underperformed the Market in India which returned -1.3% over the past year.
Price Volatility
KOLTEPATIL
Industry
5yr Volatility vs Market

KOLTEPATIL Value

 Is Kolte-Patil Developers undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Kolte-Patil Developers to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Kolte-Patil Developers.

NSEI:KOLTEPATIL Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Extrapolated from most recent financials. See below
Discount Rate (Cost of Equity) See below 18.3%
Perpetual Growth Rate 10-Year IN Government Bond Rate 7.6%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for NSEI:KOLTEPATIL
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year IN Govt Bond Rate 7.6%
Equity Risk Premium S&P Global 8.6%
Real Estate Unlevered Beta Simply Wall St/ S&P Global 1.03
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.026 (1 + (1- 35%) (52.51%))
1.252
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.25
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 7.55% + (1.252 * 8.6%)
18.32%

Discounted Cash Flow Calculation for NSEI:KOLTEPATIL using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Kolte-Patil Developers is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

NSEI:KOLTEPATIL DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (INR, Millions) Source Present Value
Discounted (@ 18.32%)
2019 2,167.81 Est @ 3.66% 1,832.22
2020 2,272.44 Est @ 4.83% 1,623.32
2021 2,400.67 Est @ 5.64% 1,449.44
2022 2,549.88 Est @ 6.22% 1,301.20
2023 2,718.58 Est @ 6.62% 1,172.52
2024 2,906.05 Est @ 6.9% 1,059.34
2025 3,112.15 Est @ 7.09% 958.85
2026 3,337.15 Est @ 7.23% 869.00
2027 3,581.61 Est @ 7.33% 788.28
2028 3,846.40 Est @ 7.39% 715.50
Present value of next 10 years cash flows ₹11,769.67
NSEI:KOLTEPATIL DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= ₹3,846.40 × (1 + 7.55%) ÷ (18.32% – 7.55%)
₹38,423.93
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= ₹38,423.93 ÷ (1 + 18.32%)10
₹7,147.58
NSEI:KOLTEPATIL Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= ₹11,769.67 + ₹7,147.58
₹18,917.25
Equity Value per Share
(INR)
= Total value / Shares Outstanding
= ₹18,917.25 / 75.81
₹249.52
NSEI:KOLTEPATIL Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in NSEI:KOLTEPATIL represents 0.99737x of BSE:532924
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.99737x
Value per Share
(Listing Adjusted, INR)
= Value per Share (INR) x Listing Adjustment Factor
= ₹ 249.52 x 0.99737
₹248.86
Value per share (INR) From above. ₹248.86
Current discount Discount to share price of ₹208.25
= -1 x (₹208.25 - ₹248.86) / ₹248.86
16.3%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Kolte-Patil Developers is available for.
Intrinsic value
16%
Share price is ₹208.25 vs Future cash flow value of ₹248.86
Current Discount Checks
For Kolte-Patil Developers to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Kolte-Patil Developers's share price is below the future cash flow value, but not at a moderate discount (< 20%).
  • Kolte-Patil Developers's share price is below the future cash flow value, but not at a substantial discount (< 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Kolte-Patil Developers's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Kolte-Patil Developers's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NSEI:KOLTEPATIL PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-03-31) in INR ₹9.95
BSE:532924 Share Price ** BSE (2019-06-17) in INR ₹208.8
India Real Estate Industry PE Ratio Median Figure of 100 Publicly-Listed Real Estate Companies 18.32x
India Market PE Ratio Median Figure of 2,826 Publicly-Listed Companies 15.85x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Kolte-Patil Developers.

NSEI:KOLTEPATIL PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= BSE:532924 Share Price ÷ EPS (both in INR)

= 208.8 ÷ 9.95

20.98x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Kolte-Patil Developers is overvalued based on earnings compared to the IN Real Estate industry average.
  • Kolte-Patil Developers is overvalued based on earnings compared to the India market.
Price based on expected Growth
Does Kolte-Patil Developers's expected growth come at a high price?
Raw Data
NSEI:KOLTEPATIL PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 20.98x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
-13.9%per year
India Real Estate Industry PEG Ratio Median Figure of 11 Publicly-Listed Real Estate Companies 1.34x
India Market PEG Ratio Median Figure of 522 Publicly-Listed Companies 1.34x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Kolte-Patil Developers, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Kolte-Patil Developers's assets?
Raw Data
NSEI:KOLTEPATIL PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-03-31) in INR ₹110.72
BSE:532924 Share Price * BSE (2019-06-17) in INR ₹208.8
India Real Estate Industry PB Ratio Median Figure of 165 Publicly-Listed Real Estate Companies 0.74x
India Market PB Ratio Median Figure of 3,653 Publicly-Listed Companies 1x
NSEI:KOLTEPATIL PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= BSE:532924 Share Price ÷ Book Value per Share (both in INR)

= 208.8 ÷ 110.72

1.89x

* Primary Listing of Kolte-Patil Developers.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Kolte-Patil Developers is overvalued based on assets compared to the IN Real Estate industry average.
X
Value checks
We assess Kolte-Patil Developers's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Real Estate industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Real Estate industry average (and greater than 0)? (1 check)
  5. Kolte-Patil Developers has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

KOLTEPATIL Future Performance

 How is Kolte-Patil Developers expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

  • No analysts cover Kolte-Patil Developers, future earnings growth has been estimated based on fundamentals.
The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
-13.9%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Kolte-Patil Developers expected to grow at an attractive rate?
  • Kolte-Patil Developers's earnings are expected to decrease over the next 1-3 years, this is below the low risk savings rate of 7.6%.
Growth vs Market Checks
  • Kolte-Patil Developers's earnings are expected to decrease over the next 1-3 years, this is below the India market average.
  • Unable to compare Kolte-Patil Developers's revenue growth to the India market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
NSEI:KOLTEPATIL Future Growth Rates Data Sources
Data Point Source Value (per year)
NSEI:KOLTEPATIL Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts -13.9%
India Real Estate Industry Earnings Growth Rate Market Cap Weighted Average 16.4%
India Real Estate Industry Revenue Growth Rate Market Cap Weighted Average 2%
India Market Earnings Growth Rate Market Cap Weighted Average 16.6%
India Market Revenue Growth Rate Market Cap Weighted Average 9.9%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
NSEI:KOLTEPATIL Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in INR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
NSEI:KOLTEPATIL Future Estimates Data
Date (Data in INR Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
NSEI:KOLTEPATIL Past Financials Data
Date (Data in INR Millions) Revenue Cash Flow Net Income *
2019-03-31 8,693 754
2018-12-31 11,539 759
2018-09-30 13,706 1,168
2018-06-30 15,471 1,362
2018-03-31 14,027 2,298 1,215
2017-12-31 12,565 1,124
2017-09-30 11,953 1,024
2017-06-30 10,324 921
2017-03-31 9,638 1,426 872
2016-12-31 7,690 745
2016-09-30 7,211 702
2016-06-30 6,761 635

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Kolte-Patil Developers's earnings are expected to decrease over the next 1-3 years, this is not considered high growth.
  • Unable to determine if Kolte-Patil Developers is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
NSEI:KOLTEPATIL Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Kolte-Patil Developers Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NSEI:KOLTEPATIL Future Estimates Data
Date (Data in INR Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
NSEI:KOLTEPATIL Past Financials Data
Date (Data in INR Millions) EPS *
2019-03-31 9.95
2018-12-31 10.00
2018-09-30 15.41
2018-06-30 17.97
2018-03-31 16.03
2017-12-31 14.82
2017-09-30 13.51
2017-06-30 12.16
2017-03-31 11.50
2016-12-31 9.82
2016-09-30 9.27
2016-06-30 8.37

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Kolte-Patil Developers will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Kolte-Patil Developers's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the India market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the India market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Kolte-Patil Developers has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

KOLTEPATIL Past Performance

  How has Kolte-Patil Developers performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Kolte-Patil Developers's growth in the last year to its industry (Real Estate).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Kolte-Patil Developers's year on year earnings growth rate has been positive over the past 5 years, however the most recent earnings are below average.
  • Kolte-Patil Developers's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • Kolte-Patil Developers's 1-year earnings growth is negative, it can't be compared to the IN Real Estate industry average.
Earnings and Revenue History
Kolte-Patil Developers's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Kolte-Patil Developers Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NSEI:KOLTEPATIL Past Revenue, Cash Flow and Net Income Data
Date (Data in INR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-03-31 8,692.90 754.00 538.00
2018-12-31 11,538.90 758.80 531.70
2018-09-30 13,706.00 1,167.90 501.40
2018-06-30 15,471.20 1,362.20 428.60
2018-03-31 14,027.20 1,214.80 414.00
2017-12-31 12,564.60 1,123.90 463.30
2017-09-30 11,953.40 1,024.30 471.80
2017-06-30 10,323.50 920.90 759.80
2017-03-31 9,638.20 871.80 442.60
2016-12-31 7,689.90 744.60 358.90
2016-09-30 7,210.60 702.40 313.20
2016-06-30 6,761.00 634.50 377.70
2016-03-31 7,537.50 589.00 527.70
2015-12-31 6,580.19 546.36 1,032.08
2015-09-30 7,133.53 610.53 1,137.97
2015-06-30 7,108.98 605.76 1,206.38
2015-03-31 6,966.40 653.20 486.90
2014-12-31 7,245.89 647.28 927.87
2014-09-30 6,911.61 653.44 825.18
2014-06-30 6,975.34 848.63 837.42
2014-03-31 7,642.20 920.40 710.50
2013-12-31 8,045.36 1,240.85 752.31
2013-09-30 8,413.46 1,342.01 728.68
2013-06-30 8,439.11 1,215.80 712.40
2013-03-31 7,640.10 1,074.40 576.40
2012-12-31 6,122.15 757.53 622.26
2012-09-30 4,583.87 515.65 567.38
2012-06-30 3,151.28 402.62 507.85

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Kolte-Patil Developers has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Kolte-Patil Developers used its assets more efficiently than the IN Real Estate industry average last year based on Return on Assets.
  • Kolte-Patil Developers has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Kolte-Patil Developers's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Real Estate industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Kolte-Patil Developers has a total score of 3/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

KOLTEPATIL Health

 How is Kolte-Patil Developers's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Kolte-Patil Developers's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Kolte-Patil Developers is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Kolte-Patil Developers's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Kolte-Patil Developers's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 3.7x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Kolte-Patil Developers Company Filings, last reported 2 months ago.

NSEI:KOLTEPATIL Past Debt and Equity Data
Date (Data in INR Millions) Total Equity Total Debt Cash & Short Term Investments
2019-03-31 8,460.60 8,312.40 715.50
2018-12-31 9,079.40 7,210.20 932.00
2018-09-30 9,079.40 7,210.20 932.00
2018-06-30 11,913.00 7,123.20 1,201.70
2018-03-31 11,913.00 6,898.80 782.00
2017-12-31 11,387.10 8,263.80 1,624.40
2017-09-30 11,387.10 8,263.80 1,624.40
2017-06-30 11,303.90 4,002.90 1,206.30
2017-03-31 11,303.40 7,622.80 700.70
2016-12-31 11,060.50 6,615.70 922.60
2016-09-30 11,060.50 6,615.70 922.60
2016-06-30 11,659.90 5,953.10 850.70
2016-03-31 10,866.10 7,932.70 600.20
2015-12-31
2015-09-30
2015-06-30
2015-03-31 10,340.70 3,839.60 466.00
2014-12-31
2014-09-30
2014-06-30
2014-03-31 9,795.40 3,365.60 844.70
2013-12-31
2013-09-30
2013-06-30 8,663.56 1,745.44 1,197.28
2013-03-31 9,196.10 1,733.20 1,197.20
2012-12-31
2012-09-30
2012-06-30 8,692.59 2,282.32 870.49
  • Kolte-Patil Developers's level of debt (98.2%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (34.4% vs 98.2% today).
  • Debt is well covered by operating cash flow (27.6%, greater than 20% of total debt).
  • Interest payments on debt are not well covered by earnings (EBIT is 2.5x annual interest expense, ideally 3x coverage).
X
Financial health checks
We assess Kolte-Patil Developers's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Kolte-Patil Developers has a total score of 3/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

KOLTEPATIL Dividends

 What is Kolte-Patil Developers's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0.96%
Current annual income from Kolte-Patil Developers dividends.
If you bought ₹2,000 of Kolte-Patil Developers shares you are expected to receive ₹19 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Kolte-Patil Developers's pays a higher dividend yield than the bottom 25% of dividend payers in India (0.53%).
  • Kolte-Patil Developers's dividend is below the markets top 25% of dividend payers in India (2.04%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
NSEI:KOLTEPATIL Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
India Real Estate Industry Average Dividend Yield Market Cap Weighted Average of 41 Stocks 0.8%
India Market Average Dividend Yield Market Cap Weighted Average of 1449 Stocks 1.4%
India Minimum Threshold Dividend Yield 10th Percentile 0.3%
India Bottom 25% Dividend Yield 25th Percentile 0.5%
India Top 25% Dividend Yield 75th Percentile 2%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

NSEI:KOLTEPATIL Future Dividends Estimate Data
Date (Data in ₹) Dividend per Share (annual) Avg. No. Analysts
NSEI:KOLTEPATIL Past Annualized Dividends Data
Date (Data in ₹) Dividend per share (annual) Avg. Yield (%)
2019-05-28 2.000 0.889
2019-01-30 2.800 1.156
2018-09-04 2.000 0.823
2018-05-23 2.000 0.723
2017-05-30 1.600 0.658
2016-08-22 1.500 1.266
2016-05-30 1.500 1.143
2015-05-26 2.000 1.385
2014-08-21 3.100 1.575
2014-05-20 3.100 2.068
2014-01-24 3.000 3.356
2013-10-28 3.000 3.670
2013-07-29 3.500 5.504
2013-01-21 4.000 4.407
2012-10-19 4.000 4.483
2012-07-30 1.600 3.676
2011-06-07 1.600 4.162
2011-05-30 1.600 3.407
2010-05-28 1.000 1.912
2009-06-30 1.000 1.896

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Dividends per share have been volatile in the past 10 years (annual drop of over 20%).
  • Dividends per share have increased over the past 10 years.
Current Payout to shareholders
What portion of Kolte-Patil Developers's earnings are paid to the shareholders as a dividend.
  • Dividends paid are well covered by earnings (4.1x coverage).
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Kolte-Patil Developers's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.3%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Kolte-Patil Developers afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Kolte-Patil Developers has a total score of 3/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

KOLTEPATIL Management

 What is the CEO of Kolte-Patil Developers's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Gopal Sarda
COMPENSATION ₹33,300,000
AGE 34
TENURE AS CEO 2.3 years
CEO Bio

Mr. Gopal Sarda has been Group Chief Executive Officer at Kolte-Patil Developers Limited since February 03, 2017. Mr. Sarda served as Group President and Chief Executive Officer of Mumbai at Kolte-Patil Developers Limited since June 15, 2016 until February 3, 2017. Mr. Sarda served as Regional Head of Mumbai and Vice President at Kolte-Patil Developers Limited. Mr. Sarda has 10 years of experience and served as Finance Head of Eiffel Developers and Realtors. He holds M. Com and CA.

CEO Compensation
  • Gopal's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
  • Gopal's remuneration is higher than average for companies of similar size in India.
Management Team Tenure

Average tenure and age of the Kolte-Patil Developers management team in years:

4.5
Average Tenure
48
Average Age
  • The tenure for the Kolte-Patil Developers management team is about average.
Management Team

Rajesh Patil

TITLE
Chairman & MD
COMPENSATION
₹10M
AGE
55
TENURE
24.2 yrs

Gopal Sarda

TITLE
Group Chief Executive Officer
COMPENSATION
₹33M
AGE
34
TENURE
2.3 yrs

Naresh Patil

TITLE
Vice-Chairman
COMPENSATION
₹10M
AGE
53

Atul Bohra

TITLE
Chief Financial Officer
COMPENSATION
₹6M
TENURE
3.6 yrs

Vinod Patil

TITLE
Company Secretary & Compliance Officer
COMPENSATION
₹4M
AGE
45

Milind Kolte

TITLE
Executive Director
COMPENSATION
₹10M
AGE
57

Mahesh Saluja

TITLE
Vice President of Sales & Marketing
COMPENSATION
₹7M
AGE
48

Manjusha Raulkar

TITLE
Chief People Officer
COMPENSATION
₹8M
AGE
48
TENURE
5.4 yrs

Abhay Patil

TITLE
Senior Vice President of Projects

Shahaji Ranaware

TITLE
Executive Officer
Board of Directors Tenure

Average tenure and age of the Kolte-Patil Developers board of directors in years:

9.7
Average Tenure
56
Average Age
  • The tenure for the Kolte-Patil Developers board of directors is about average.
Board of Directors

Rajesh Patil

TITLE
Chairman & MD
COMPENSATION
₹10M
AGE
55
TENURE
24.2 yrs

Naresh Patil

TITLE
Vice-Chairman
COMPENSATION
₹10M
AGE
53
TENURE
8 yrs

Milind Kolte

TITLE
Executive Director
COMPENSATION
₹10M
AGE
57
TENURE
27.6 yrs

Jayant Pendse

TITLE
Independent Non Executive Director
COMPENSATION
₹350K
AGE
72
TENURE
9.7 yrs

Prakash Gurav

TITLE
Lead Independent Director
COMPENSATION
₹400K
AGE
65

Umesh Joshi

TITLE
Independent Non-Executive Director
COMPENSATION
₹350K
AGE
66
TENURE
3.1 yrs

G. Vishwanath

TITLE
Independent Non Executive Director
COMPENSATION
₹200K
AGE
55
TENURE
12.5 yrs

Sunita Kolte

TITLE
Non-Executive Director
COMPENSATION
₹400K
AGE
51
TENURE
24.2 yrs

Vandana Patil

TITLE
Non-Independent Non Executive Director
COMPENSATION
₹300K
AGE
46
TENURE
7.4 yrs

Manasa Vishwanath

TITLE
Independent Non Executive Director
COMPENSATION
₹200K
AGE
58
TENURE
7.4 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (₹) Value (₹)
16. Oct 18 Buy Naresh Patil Individual 12. Oct 18 12. Oct 18 100 ₹215.25 ₹21,525
10. Oct 18 Buy Sunita Patil Individual 08. Oct 18 09. Oct 18 11,222 ₹211.46 ₹2,372,956
10. Oct 18 Buy Vandana Patil Individual 08. Oct 18 09. Oct 18 11,695 ₹211.57 ₹2,474,303
X
Management checks
We assess Kolte-Patil Developers's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Kolte-Patil Developers has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

KOLTEPATIL News

Simply Wall St News

Have Insiders Been Buying Kolte-Patil Developers Limited (NSE:KOLTEPATIL) Shares?

So before you buy or sell Kolte-Patil Developers Limited (NSE:KOLTEPATIL), you may well want to know whether insiders have been buying or selling. … Kolte-Patil Developers Insider Transactions Over The Last Year. … In total, Kolte-Patil Developers insiders bought more than they sold over the last year

Simply Wall St -

Should You Be Impressed By Kolte-Patil Developers Limited's (NSE:KOLTEPATIL) ROE?

Kolte-Patil Developers has a ROE of 14%, based on the last twelve months. … That means that for every ₹1 worth of shareholders' equity, it generated ₹0.14 in profit. … Return on Equity = Net Profit ÷ Shareholders' Equity

Simply Wall St -

What Kind Of Shareholder Appears On The Kolte-Patil Developers Limited's (NSE:KOLTEPATIL) Shareholder Register?

The big shareholder groups in Kolte-Patil Developers Limited (NSE:KOLTEPATIL) have power over the company. … Institutions often own shares in more established companies, while it's not unusual to see insiders own a fair bit of smaller companies. … Kolte-Patil Developers is a smaller company with a market capitalization of ₹20b, so it may still be flying under the radar of many institutional investors.

Simply Wall St -

Does Kolte-Patil Developers Limited's (NSE:KOLTEPATIL) 14% Earnings Growth Make It An Outperformer?

Investors with a long-term horizong may find it valuable to assess Kolte-Patil Developers Limited's (NSE:KOLTEPATIL) earnings trend over time and against its industry benchmark as opposed to simply looking at a sincle earnings announcement at one point in time. … View our latest analysis for Kolte-Patil Developers? … KOLTEPATIL's trailing twelve-month earnings (from 30 September 2018) of ₹1.2b has.

Simply Wall St -

Is Kolte-Patil Developers Limited's (NSE:KOLTEPATIL) P/E Ratio Really That Good?

The goal of this article is to teach you how to use price to earnings ratios (P/E ratios). … Based on the last twelve months, Kolte-Patil Developers's P/E ratio is 15.64. … Price to Earnings Ratio = Share Price ÷ Earnings per Share (EPS)

Simply Wall St -

How Kolte-Patil Developers Limited (NSE:KOLTEPATIL) Can Impact Your Portfolio Volatility

If you're interested in Kolte-Patil Developers Limited (NSE:KOLTEPATIL), then you might want to consider its beta (a measure of share price volatility) in order to understand how the stock could impact your portfolio. … Some investors use beta as a measure of how much a certain stock is impacted by market risk (volatility). … A stock with a beta below one is either less volatile than the market, or more volatile but not corellated with the overall market.

Simply Wall St -

A Closer Look At Kolte-Patil Developers Limited's (NSE:KOLTEPATIL) Impressive ROE

Kolte-Patil Developers has a ROE of 20%, based on the last twelve months. … One way to conceptualize this, is that for each ₹1 of shareholders' equity it has, the company made ₹0.20 in profit. … Return on Equity = Net Profit ÷ Shareholders' Equity

Simply Wall St -

Is Kolte-Patil Developers Limited's (NSE:KOLTEPATIL) Balance Sheet A Threat To Its Future?

However, an important fact which most ignore is: how financially healthy is the business? … Assessing first and foremost the financial health is. … Here are few basic financial health checks you should consider before taking the plunge.

Simply Wall St -

Is Now An Opportune Moment To Examine Kolte-Patil Developers Limited (NSE:KOLTEPATIL)?

Kolte-Patil Developers Limited (NSE:KOLTEPATIL), which is in the real estate business, and is based in India,. … As a small cap stock, hardly covered by any analysts, there is generally more of an opportunity for mispricing as there is less activity to push the stock closer to fair value? … Let’s take a look at Kolte-Patil Developers’s outlook and value based on the most recent financial data to see if the opportunity still exists

Simply Wall St -

What Does Kolte-Patil Developers Limited's (NSE:KOLTEPATIL) Ownership Structure Look Like?

Every investor in Kolte-Patil Developers Limited (NSE:KOLTEPATIL) should be aware of the most powerful shareholder groups. … Institutions often own shares in more established companies, while it's not unusual to see insiders own a fair bit of smaller companies. … Kolte-Patil Developers is a smaller company with a market capitalization of ₹17.5b, so it may still be flying under the radar of many institutional investors.

Simply Wall St -

KOLTEPATIL Company Info

Description

Kolte-Patil Developers Limited operates as a real estate company in India. The company constructs residential projects, commercial projects, IT parks, and integrated townships; rents immovable properties; and provides project management services for managing and developing real estate projects. It also operates a chain of retail outlets; and offers facility and horticulture services. Kolte-Patil Developers Limited was founded in 1991 and is headquartered in Pune, India.

Details
Name: Kolte-Patil Developers Limited
KOLTEPATIL
Exchange: NSEI
Founded: 1991
₹15,830,152,999
75,814,909
Website: http://www.koltepatil.com
Address: Kolte-Patil Developers Limited
City Point,
2nd Floor,
Pune,
Maharashtra, 411001,
India
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
BSE 532924 Equity Shares Mumbai Stock Exchange IN INR 13. Dec 2007
NSEI KOLTEPATIL Equity Shares National Stock Exchange of India IN INR 13. Dec 2007
Number of employees
Current staff
Staff numbers
0
Kolte-Patil Developers employees.
Industry
Real Estate Development
Real Estate
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/06/18 12:55
End of day share price update: 2019/06/17 00:00
Last estimates confirmation: 2018/05/23
Last earnings filing: 2019/05/28
Last earnings reported: 2019/03/31
Last annual earnings reported: 2019/03/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.