NSEI:KOLTEPATIL

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Kolte-Patil Developers

Executive Summary

Kolte-Patil Developers Limited operates as a real estate company in India.


Snowflake Analysis

Solid track record with mediocre balance sheet.


Similar Companies

Share Price & News

How has Kolte-Patil Developers's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: KOLTEPATIL's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

4.1%

KOLTEPATIL

1.5%

IN Real Estate

1.7%

IN Market


1 Year Return

-37.3%

KOLTEPATIL

-40.7%

IN Real Estate

-24.0%

IN Market

Return vs Industry: KOLTEPATIL exceeded the Indian Real Estate industry which returned -40% over the past year.

Return vs Market: KOLTEPATIL underperformed the Indian Market which returned -23.7% over the past year.


Shareholder returns

KOLTEPATILIndustryMarket
7 Day4.1%1.5%1.7%
30 Day-2.6%-4.4%-0.7%
90 Day-29.3%-41.7%-21.4%
1 Year-37.1%-37.3%-40.2%-40.7%-22.5%-24.0%
3 Year-12.1%-14.2%-28.3%-29.8%-12.2%-16.9%
5 Year-21.2%-25.0%-3.2%-7.1%6.6%-3.9%

Price Volatility Vs. Market

How volatile is Kolte-Patil Developers's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Kolte-Patil Developers undervalued compared to its fair value and its price relative to the market?

9.26x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: KOLTEPATIL (₹153.15) is trading above our estimate of fair value (₹101.7)

Significantly Below Fair Value: KOLTEPATIL is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: KOLTEPATIL is good value based on its PE Ratio (9.3x) compared to the Real Estate industry average (9.9x).

PE vs Market: KOLTEPATIL is good value based on its PE Ratio (9.3x) compared to the Indian market (9.8x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate KOLTEPATIL's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: KOLTEPATIL is overvalued based on its PB Ratio (1.2x) compared to the IN Real Estate industry average (0.5x).


Next Steps

Future Growth

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

13.6%

Forecasted Real Estate industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Kolte-Patil Developers has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

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

17.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: KOLTEPATIL has high quality earnings.

Growing Profit Margin: KOLTEPATIL's current net profit margins (11.6%) are higher than last year (6.6%).


Past Earnings Growth Analysis

Earnings Trend: KOLTEPATIL's earnings have grown by 17.2% per year over the past 5 years.

Accelerating Growth: KOLTEPATIL's earnings growth over the past year (68.3%) exceeds its 5-year average (17.2% per year).

Earnings vs Industry: KOLTEPATIL earnings growth over the past year (68.3%) exceeded the Real Estate industry 9.5%.


Return on Equity

High ROE: KOLTEPATIL's Return on Equity (14%) is considered low.


Next Steps

Financial Health

How is Kolte-Patil Developers's financial position?


Financial Position Analysis

Short Term Liabilities: KOLTEPATIL's short term assets (₹30.1B) exceed its short term liabilities (₹21.7B).

Long Term Liabilities: KOLTEPATIL's short term assets (₹30.1B) exceed its long term liabilities (₹5.2B).


Debt to Equity History and Analysis

Debt Level: KOLTEPATIL's debt to equity ratio (89.3%) is considered high.

Reducing Debt: KOLTEPATIL's debt to equity ratio has increased from 36.5% to 89.3% over the past 5 years.

Debt Coverage: KOLTEPATIL's debt is not well covered by operating cash flow (12.5%).

Interest Coverage: KOLTEPATIL's interest payments on its debt are well covered by EBIT (4.4x coverage).


Balance Sheet


Next Steps

Dividend

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

1.31%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: KOLTEPATIL's dividend (1.31%) is higher than the bottom 25% of dividend payers in the Indian market (0.86%).

High Dividend: KOLTEPATIL's dividend (1.31%) is low compared to the top 25% of dividend payers in the Indian market (3.7%).


Stability and Growth of Payments

Stable Dividend: KOLTEPATIL's dividend payments have been volatile in the past 10 years.

Growing Dividend: KOLTEPATIL's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (6.1%), KOLTEPATIL's dividend payments are thoroughly covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

4.5yrs

Average management tenure


CEO

Gopal Sarda (35yo)

3.25yrs

Tenure

₹44,700,000

Compensation

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 De ...


CEO Compensation Analysis

Compensation vs Market: Gopal's total compensation ($USD589.35K) is above average for companies of similar size in the Indian market ($USD339.81K).

Compensation vs Earnings: Gopal's compensation has increased by more than 20% in the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Rajesh Patil
Chairman & MD25.08yrs₹10.00m20.43% 2.4b
Gopal Sarda
Group Chief Executive Officer3.25yrs₹44.70mno data
Naresh Patil
Vice-Chairman 8.92yrs₹10.00m19.72% 2.3b
Atul Bohra
Chief Financial Officer4.5yrs₹9.50mno data
Vinod Patil
Company Secretary & Compliance Officer no data₹3.90m0.011% 1.3m
Milind Kolte
Non-Independent Executive Director28.5yrs₹10.00m8.5% 980.8m
Nidhi Shrivastava
Chief Sales Officer & Customer Relations0.50yrno datano data
Manjusha Raulkar
Chief People Officer6.33yrs₹8.25mno data
Abhay Patil
Senior Vice President of Projectsno datano datano data
Shahaji Ranaware
Executive Officerno datano datano data

4.5yrs

Average Tenure

51.5yo

Average Age

Experienced Management: KOLTEPATIL's management team is considered experienced (4.5 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Rajesh Patil
Chairman & MD25.08yrs₹10.00m20.43% 2.4b
Naresh Patil
Vice-Chairman 8.92yrs₹10.00m19.72% 2.3b
Milind Kolte
Non-Independent Executive Director28.5yrs₹10.00m8.5% 980.8m
Prakash Gurav
Lead Independent Directorno data₹400.00kno data
G. Vishwanath
Independent Non Executive Director13.42yrs₹150.00kno data
Sunita Kolte
Non-Independent Non-Executive Director25.08yrs₹350.00k7.31% 843.4m
Vandana Patil
Non-Independent Non Executive Director8.33yrs₹300.00k9.41% 1.1b
Jayant Pendse
Independent Non Executive Director10.58yrs₹400.00kno data
Manasa Vishwanath
Independent Non Executive Director8.33yrs₹100.00kno data
Umesh Joshi
Independent Non-Executive Director4yrs₹350.00kno data

10.6yrs

Average Tenure

57yo

Average Age

Experienced Board: KOLTEPATIL's board of directors are seasoned and experienced ( 10.6 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Kolte-Patil Developers Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Kolte-Patil Developers Limited
  • Ticker: KOLTEPATIL
  • Exchange: NSEI
  • Founded: 1991
  • Industry: Real Estate Development
  • Sector: Real Estate
  • Market Cap: ₹11.543b
  • Shares outstanding: 75.81m
  • Website: https://www.koltepatil.com

Number of Employees


Location

  • Kolte-Patil Developers Limited
  • City Point
  • 2nd Floor
  • Pune
  • Maharashtra
  • 411001
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
532924BSE (Mumbai Stock Exchange)YesEquity SharesININRDec 2007
KOLTEPATILNSEI (National Stock Exchange of India)YesEquity SharesININRDec 2007

Biography

Kolte-Patil Developers Limited operates as a real estate company in India. The company develops residential projects, commercial and retail 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 provides facility and horticulture services. Kolte-Patil Developers Limited was founded in 1991 and is headquartered in Pune, India. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/05/27 13:17
End of Day Share Price2020/05/27 00:00
Earnings2019/12/31
Annual Earnings2019/03/31


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.