Subject: Q1 FY27 Performance Update – Kolte-Patil Developers Ltd.

Executive Summary Kolte-Patil Developers reported a steady operational performance for the first quarter of FY27. While top-line sales remained stable year-on-year, the company demonstrated robust momentum in cash flow generation and pricing power, underpinned by a significant surge in customer collections and average realisations. Financial & Operational Highlights (Q1 FY27) Sales Performance: The company recorded quarterly sales of ₹617 crore, remaining broadly flat compared to the corresponding quarter in the previous fiscal year. Robust Collections: Customer collections witnessed a strong 30% YoY growth, reaching ₹715 crore. This structural improvement highlights the company's sustained execution capabilities and efficient project lifecycle management. Enhanced Realisations: Average selling prices (ASP) expanded by an impressive 29% YoY to ₹9,442 per sq. ft. This growth was driven by strategic price calibrations across the existing portfolio and an enhanced sales mix favoring premium geographies. Inventory Expansion: The developer successfully launched approximately 0.78 million sq. ft. of new inventory during the quarter to capture ongoing demand. Portfolio & Strategic Milestones Geographical Diversification: The Mumbai micro-market is increasingly reflecting its strategic importance, contributing nearly 30% to the overall sales value this quarter and aiding the aggregate realization growth. Flagship Performance: The 'Life Republic' township in Pune remains a core revenue driver, generating ₹212 crore in standalone sales for the quarter. Management Commentary & Market Reaction Managing Director Rajesh Patil noted that the company has made a strong start to FY27, reiterating management's focus on scaling operations while fortifying execution pipelines. Reflecting operational resilience, Kolte-Patil shares closed at ₹387.50 (+0.89%) on the NSE on July 17, 2026.