NSEI:KOLTEPATIL

Stock Analysis Report

Kolte-Patil Developers

Executive Summary

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

Snowflake

Fundamentals

Proven 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


Market Performance


7 Day Return

5.0%

KOLTEPATIL

6.2%

IN Real Estate

3.8%

IN Market


1 Year Return

16.9%

KOLTEPATIL

19.5%

IN Real Estate

6.0%

IN Market

Return vs Industry: KOLTEPATIL underperformed the Indian Real Estate industry which returned 19.5% over the past year.

Return vs Market: KOLTEPATIL exceeded the Indian Market which returned 6% over the past year.


Shareholder returns

KOLTEPATILIndustryMarket
7 Day5.0%6.2%3.8%
30 Day-1.1%-1.1%2.9%
90 Day9.9%-3.1%2.9%
1 Year18.0%16.9%20.3%19.5%8.2%6.0%
3 Year98.7%93.9%27.6%25.2%23.0%16.7%
5 Year37.7%31.1%43.6%38.4%43.6%30.0%

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?

12.39x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: KOLTEPATIL (₹251.9) is trading above our estimate of fair value (₹78.78)

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 (12.4x) compared to the Real Estate industry average (13.4x).

PE vs Market: KOLTEPATIL is good value based on its PE Ratio (12.4x) compared to the Indian market (13.1x).


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 (2.3x) compared to the IN Real Estate industry average (0.7x).


Next Steps

Future Growth

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

14.0%

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?

14.7%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: KOLTEPATIL's earnings have grown by 14.7% per year over the past 5 years.

Accelerating Growth: KOLTEPATIL's earnings growth over the past year (12.6%) is below its 5-year average (14.7% per year).

Earnings vs Industry: KOLTEPATIL earnings growth over the past year (12.6%) exceeded the Real Estate industry -1.3%.


Return on Equity

High ROE: KOLTEPATIL's Return on Equity (18.2%) is considered low.


Return on Assets

ROA vs Industry: KOLTEPATIL has a higher Return on Assets than the Real Estate industry average last year.


Return on Capital Employed

ROCE Improving: KOLTEPATIL has significantly improved its Return on Capital Employed over the past 3 years.


Next Steps

Financial Health

How is Kolte-Patil Developers's financial position?


Financial Position Analysis

Short Term Liabilities: KOLTEPATIL's short term assets (₹30.8B) exceeds its short term liabilities (₹22.6B)

Long Term Liabilities: KOLTEPATIL's short term assets (30.8B) exceeds its long term liabilities (5.2B)


Debt to Equity History and Analysis

Debt Level: KOLTEPATIL's debt to equity ratio (98.2%) is considered high

Reducing Debt: KOLTEPATIL's debt to equity ratio has increased from 35.1% to 98.2% over the past 5 years.

Debt Coverage: KOLTEPATIL's debt is not well covered by operating cash flow (8.1%).

Interest Coverage: KOLTEPATIL's interest payments on its debt are well covered by EBIT (3.1x coverage).


Balance Sheet

Inventory Level: KOLTEPATIL has a high level of physical assets or inventory.

Debt Coverage by Assets: KOLTEPATIL's debt is covered by short term assets (assets are 3.711080x debt).


Next Steps

Dividend

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

0.80%

Current Dividend Yield


Dividend Yield vs Market

company0.8%marketbottom25%0.6%markettop25%2.4%industryaverage0.8%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: KOLTEPATIL's dividend (0.8%) is higher than the bottom 25% of dividend payers in the Indian market (0.6%).

High Dividend: KOLTEPATIL's dividend (0.8%) is low compared to the top 25% of dividend payers in the Indian market (2.42%).

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 (11.9%), 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

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

4.8yrs

Average management tenure


CEO

Gopal Sarda (35yo)

2.7yrs

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 ($USD628.90K) is about average for companies of similar size in the Indian market ($USD282.64K).

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


Management Age and Tenure

4.8yrs

Average Tenure

49yo

Average Age

Experienced Management: KOLTEPATIL's management team is considered experienced (4.8 years average tenure).


Board Age and Tenure

10.0yrs

Average Tenure

57yo

Average Age

Experienced Board: KOLTEPATIL's board of directors are seasoned and experienced ( 10 years average tenure).


Insider Trading

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


Recent Insider Transactions

Buy₹825,91929 Jun 19
Vandana Patil
EntityIndividual
Role
Member of the Board of Directors
Non-Independent Non Executive Director
Shares3,991
Max Price₹206.95
Buy₹2,310,78027 Jun 19
Vandana Patil
EntityIndividual
Role
Member of the Board of Directors
Non-Independent Non Executive Director
Shares11,197
Max Price₹206.44
Buy₹230,82124 Jun 19
Vandana Patil
EntityIndividual
Role
Member of the Board of Directors
Non-Independent Non Executive Director
Shares1,116
Max Price₹206.83
Buy₹1,984,95721 Jun 19
Vandana Patil
EntityIndividual
Role
Member of the Board of Directors
Non-Independent Non Executive Director
Shares9,634
Max Price₹206.06
Buy₹4,440,63619 Jun 19
Vandana Patil
EntityIndividual
Role
Member of the Board of Directors
Non-Independent Non Executive Director
Shares21,337
Max Price₹208.61
Buy₹6,850,50013 Jun 19
Vandana Patil
EntityIndividual
Role
Member of the Board of Directors
Non-Independent Non Executive Director
Shares33,091
Max Price₹207.02

Ownership Breakdown


Management Team

  • Manjusha Raulkar (49yo)

    Chief People Officer

    • Tenure: 5.8yrs
    • Compensation: ₹8.25m
  • Rajesh Patil (56yo)

    Chairman & MD

    • Tenure: 24.5yrs
    • Compensation: ₹10.00m
  • Naresh Patil (54yo)

    Vice-Chairman

    • Tenure: 8.3yrs
    • Compensation: ₹10.00m
  • Milind Kolte (58yo)

    Non-Independent Executive Director

    • Tenure: 27.9yrs
    • Compensation: ₹10.00m
  • Vinod Patil (46yo)

    Company Secretary & Compliance Officer

    • Tenure: 0yrs
    • Compensation: ₹3.90m
  • Shahaji Ranaware

    Executive Officer

    • Tenure: 0yrs
  • Abhay Patil

    Senior Vice President of Projects

    • Tenure: 0yrs
  • Atul Bohra

    Chief Financial Officer

    • Tenure: 3.9yrs
    • Compensation: ₹9.50m
  • Gopal Sarda (35yo)

    Group Chief Executive Officer

    • Tenure: 2.7yrs
    • Compensation: ₹44.70m
  • Mahesh Saluja (49yo)

    Vice President of Sales & Marketing

    • Tenure: 0yrs
    • Compensation: ₹6.96m

Board Members

  • Prakash Gurav (66yo)

    Lead Independent Director

    • Tenure: 0yrs
    • Compensation: ₹400.00k
  • G. Vishwanath (56yo)

    Independent Non Executive Director

    • Tenure: 12.8yrs
    • Compensation: ₹150.00k
  • Rajesh Patil (56yo)

    Chairman & MD

    • Tenure: 24.5yrs
    • Compensation: ₹10.00m
  • Naresh Patil (54yo)

    Vice-Chairman

    • Tenure: 8.3yrs
    • Compensation: ₹10.00m
  • Sunita Kolte (52yo)

    Non-Independent Non-Executive Director

    • Tenure: 24.5yrs
    • Compensation: ₹350.00k
  • Milind Kolte (58yo)

    Non-Independent Executive Director

    • Tenure: 27.9yrs
    • Compensation: ₹10.00m
  • Vandana Patil (47yo)

    Non-Independent Non Executive Director

    • Tenure: 7.8yrs
    • Compensation: ₹300.00k
  • Jayant Pendse (73yo)

    Independent Non Executive Director

    • Tenure: 10yrs
    • Compensation: ₹400.00k
  • Manasa Vishwanath (59yo)

    Independent Non Executive Director

    • Tenure: 7.8yrs
    • Compensation: ₹100.00k
  • Umesh Joshi (67yo)

    Independent Non-Executive Director

    • Tenure: 3.4yrs
    • Compensation: ₹350.00k

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: ₹19.014b
  • 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 pro ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/21 12:47
End of Day Share Price2019/10/18 00:00
Earnings2019/06/30
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.