Interim report
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KALPATARU LIMITED CIN No.: L45200MH1988PLC050144 91, Kalpataru Synergy, Opposite Grand Hyatt, Santacruz (E), Mumbai 400 055, India Tel +91 22 3064 5000 ◼ www.kalpataru.com ◼ Investor.cs@kalpataru.com October 29, 2026 To, National Stock Exchange of India Limited Exchange Plaza, Plot no. C/1, G Block, Bandra Kurla Complex, Bandra (E), Mumbai - 400 051 Symbol: KALPATARU BSE Limited Listing Operation Department, 20th Floor, P.J. Towers, Dalal Street, Fort, Mumbai – 400 001 Scrip Code: 544423 Dear Sir/ Madam, Subject: Outcome of Board Meeting Reference: Intimation pursuant to Regulations 30 and 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("SEBI Listing Regulations") Further to our intimation dated October 23, 2026 and pursuant to Regulations 30, 33 and other applicable Regulations of SEBI Listing Regulations, we wish to inform that the Board of Directors ("the Board") of Kalpataru Limited ( “the Company" ) at its meeting held today, viz. Thursday, October 29 , 2 026, has inter-alia approved the Unaudited Standalone and Consolidated Financial Results for the quarter and half year ended September 30, 2026. Pursuant to Regulation 33 of the SEBI Listing Regulations, we enclose the following documents: i. Unaudited Standalone and Consolidated Financial Results for the quarter and half year ended September 30, 2026 (“Financial Results”); ii. Draft Limited Review Report of the Statutory Auditors of the Company, viz KKC & Associates LLP, on the Financial Results for the quarter and half year ended September 30, 2026. The meeting of the Board commenced at 02:00 p.m. (IST) and concluded at 05:00 p.m. (IST). This intimation is also being uploaded on the Company’s website at Kalpataru | Investor Corner. We request you to take the above information on record. Thanking You, Yours faithfully, For Kalpataru Limited Gajendra Mewara Company Secretary & Compliance Officer Enclosed: as above
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kkc & associates Up Chartered Accountants (formerly Khimji Kunverji & Co LLP) Independent Auditor's Review Report on unaudited standalone financial results for the quarter ended 30 September 2026 and year to date results for the period from 01 April 2026 to 30 September 2026 of Kalpataru Limited under Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended. To The Board of Directors of Kalpataru Limited Introduction L We have reviewed the accompanying statement of unaudited standalone financial results of Kalpataru Limited ('the Company') for the quarter ended 30 September2026 and year to date results for the period from 01 April 2026 to 30 September 2026 ('the Statement'), being submitted by the Company pursuant to the requirements of Regulation 33 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended ('Listing Regulations'}. We have initialled the Statement for identification purpose only. 2. This Statement, which is the responsibility of the Company's Management and approved by the Board of Directors of the Company, has been prepared in accordance with the recognition and measurement principles laid down in the Indian Accounting Standard ('Ind AS') 34 'Interim Financial Reporting' Specified in section 133 of the Companies Act, 2013 ('the Act'), read with relevant rules issued thereunder and other accounting principles generally accepted in India and in compliance with Regulation 33 of the Listing Regulations. Our responsibility is to express a conclusion on the Statement based on our review. Scope of Review 3. We conducted our review of the Statement in accordance with the Standard on Review Engagements ('SRE') 2410 - 'Review of Interim Financial Information Performed by the Independent Auditor of the Entity' issued by the Institute of Chartered Accountants of India ('the ICAI'). This standard requires that we plan and perform the review to obtain moderate assurance as to whether the Statement is free of material misstatement. A review is limited primarily to inquiries of company's personnel and analytical procedures applied to financial data and thus provides less assurance than an audit. We have not performed an audit and accordingly, we do not express an audit opinion. Conclusion 4. Based on our review conducted as above, nothing has come to our attention that causes us to believe that the accompanying Statement, prepared in accordance with the recognition and measurement principles laid down in Ind AS, specified under Section 133 of the Act as amended, read with relevant rules issued thereunder and other accounting principles generally accepted in India has not disclosed the information required to be disclosed in terms of Regulation 33 of the Listing Regulations, including the manner in which it is to be disclosed, or that it contains any material misstatement. Sunshine Tower, Level 19, Senapati Bapat Marg, Elphinstone Road, Mumbai 400013, India T: +9122 6143 7333 E: info@kkcllp.in W: www.kkcllp.in LLPIN: AAP-2267 Suite 52, Bombay Mutual Building, Sir Phirozshah Mehta Road, Fort, Mumbai 400001, India
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kkc & associates lip Chartered Accountants (formerly Khimji Kunverji & Co LLP) Other Matter 5. We did not review the interim financial results pertaining to the Company's share in (loss) in 1 (one) partnership firm aggregating to Rs. 12 lakhs and Rs. 14 lakhs for the quarter ended 30 September 2026 and year to date results for the period from 01 April 2026 to 30 September 2026 respectively. The interim financial results pertaining to this entity has been reviewed by other auditor, and their report, vide which they have issued an unmodified conclusion have been furnished to us by the Management and the Company's share in the loss of said entity has been included in the accompanying standalone financial results solely based on the report of such other auditor. 6. The Statement includes the financial results of 2 (two) partnership firms and 6 (six) Limited Liability Partnership (LLP) whose financial information reflects the Company's share of net loss after tax of Rs. 150 lakhs and Rs.247 lakhs for the quarter ended 30 September 2026 and year to date results for the period from 01 April 2026 to 30 September 2026 respectively. These financial information are certified by the management. According to the information and explanations given to us by the Management, these financial information are not material to the Company. Our conclusion is not modified in respect of above matters. For KKC &Associates LLP Chartered Accountants (_formerly Khimji Kunverji & Co LLP) Firm Registration Number: 105146W/W100621 .·��:;f_ Partner ICAI Membership No: 100583 UDIN: 2-� \oo �3 ,-B.:f"® � u 9'\r+-- Place: Mumbai Date: 29 October 2026 Sunshine Tower, Level 19, Senapati Bapat Marg, Elphinstone Road, Mumbai 400013, India T: +9122 6143 7333 E: info@kkcllp.in W: www.kkcllp.in LLPIN: AAP-2267 Suite 52, Bombay Mutual Building, Sir Phirozshah Mehta Road, Fort, Mumbai 400001, India
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Sr.No. 1 -- 2 3 4 6 7 8 9 10 11 12 -- Kalpataru Limited (CtN No. L45200MH1988PlC050144) mJl'll'Cf!l:nmr Registered Office: 91, Kalpataru Synergy, Opp. Grand Hyatt, Santacruz (E), Mumbai, India 400 055. Email: investor.cs@kalpataru.com Website:www.kalpataru.com Statement of unaudited Standalone Flnanclal Results for the Quarter and Half Year ended 30 September 2026 (Rs. In Lakhs) Particulars Quarter ended Hall Year ended Year Ended Income Revenue from Operations -- Other Income Total Income Expenses Cost of sales and other operational expenses Employee Benefits expense Finance Costs Depreciation and Amortisation expenses Other expenses Total Expenses Profit/ (loss) before exceptional item and tax (1-2) Less: Exceptional items - Profit/ (loss) before tax (3-4) Tax exp enses (net) Current Tax Earlier year Tax Deferred Tax Profit/ (loss) for the Period/Year (5-6) Other Comprehensive Income Items that will not be reclassified to Profit and Loss Remeasurements of Defined Benefits Plan Tax on above Other Comprehensive Income/ (expenses) net of tax Total Comprehensive Income/ (Loss) for the Period/Year after tax Paid up equity share capital (Face value of Rs.10 each) Other Equity (excluding Revaluation Reserve) �a!nings Per Share (EPS)* [a) Basic EPS (in Rs.) (b) Diluted EPS (in Rs.) • not annualised except for year ended 31 March 2026 30-09-26 30-06-26 Unaudited Unaudited 5,619 4,685 - ---- -- 3,620 3,927 9,239 8,612 874 538 - 1,949 1,829 4,146 3,7Z6 453 331 2,594 2,096 10,016 8,520 (777) 92 - --- - -- [777) 92 15 311 - 1,039 (144) (1,831) (75) (79) (137) 27 48 (52) (89) (1,883) (164) 20,593 20,591 - - [0.89) (0.04) (0.89) (0.04) 30-09-25 30-09-26 30-09-25 31-03-26 Unaudited Unaudited Unaudited Audited 4,842 10,304 9,585 20,980 -- 4,395 7,547 8,324 16,241 9,237 17,851 17,909 37,221 334 1,412 856 3,127 2,188 3,778 3,261 7,366 4,764 7,872 10,558 18,449 533 784 1,039 2,081 2,241 4,690 4,574 8,840 10,060 18,536 20,288 39,863 (823) (685) (2,379) (2,642) - - - 174 - -- (823) (685) (2,379) (2,816) - 326 - - - - 80 (218) 895 (596) {1,273) (605) (1,906) (1,783) (1,623) (1) (216) 7 (259) 1 75 (2) 91 - (141) 5 (168) (605) (2,047) (1,778) (1,791) 20,591 20,593 20,591 20,591 - 3,89,747 {0.29) (0.92) (0.95) (0.82) (0.29) (0.92) (0.95) [0.82)
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Kalpataru Limited (CIN No. l45200MH1988PLC050144) EJ�Ti!W Registered Office: 91, Kalpataru Synergy, Opp. Grand Hyatt, Santacruz (E), Mumbai, India 400 055. Email: investor.cs@kalpataru.com Website: www.kalpataru.com Statement of Unaudited Standalone Assets and liabilities as at 30 September 2026 Particulars ASSETS Non-current assets Property, plant and equipment Investment property Other intangible assets Financial assets (i) Investments (ii] loans (iii) Other financial assets Non current tax asset (net) Deferred tax assets Other non-current assets Total non-current assets Current assets Inventories Financial assets (i) Investments (ii) Trade receivables (iii) Cash and cash equivalents {iv) Bank balances other than (iii) above (v) Loans (vi) Other financial assets Other current assets Total current assets Assets classified as held for sale Total assets EQUITY AND LIABILITIES Equity Equity share capital Other equity Total equity liabilities Non-current liabilities Financial liabilities {i) Borrowings (ii) Other financiai liabilities Provisions Other non-current liabilities Total non-current liabilities Current liabilities Financial liabilities (i) Borrowings (ii) Trade payables (A)Total outstanding dues of micro enterprises and small enterprises (B)Total outstanding dues of creditors other than micro enterprises and small enterprises (iii) Other financial liabilities Other current liabilities Provisions Total current liabilities Total equity and liabilities (Rs. In Lakhs) As at As at 30 September 2026 31 March 2026 Unaudited Audited 4,200 5,089 24,294 24,693 32 26 11,689 10,670 1,22,105 88,206 1,085 4,363 5,306 6,942 3,115 3,935 1,126 942 1,72,9S2 1,44,866 1,82,660 1,46,761 3 5,284 11,618 8,184 4,452 5,009 26,524 32,658 4,21,846 4,08,550 6,950 3,620 6,968 4,931 6,61,021 6,14,998 - 11,250 8,33,973 7,71,114 20,593 20,591 3,88,706 3,89,747 4,09,299 4,10,338 1,79,175 1,33,357 21,725 20,214 2,380 2,025 4,733 2,327 2,08,013 1,S7,923 67,375 79,477 1,681 1,367 3,058 11,617 30,957 36,926 1,09,452 71,938 4,138 1,528 2,16,661 2,02,853 8 ,1.A:1.:1 7,71,114 ��L)(�t It m I �£;- �
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Kalpataru Limited (:!I 111frn1 rnu(CIN No. l45200MH1988PLC050144) Registered Office: 91, Kalpataru Synergy, Opp. Grand Hyatt, Santacruz (E], Mumbai, India 400 055. Email: investor.cs@kalpataru.com Website: www.kalpataru.com Statement of unaudited Standalone Cash Flow for the Half Year ended 30 September 2026 (Rs. In Lakhs) Sr. Particulars No. A. Cash flow from operating activities Profit /I Loss) before Tax Adjustments for: Depreciation and amortisation expense Share based payments Interest income (Including fair value change in financial instrumer1ts] Interest expenses and other financial charges ( including Unwinding of discount on financial Fair value (Gain]/Loss on financial instruments at fair value through profit or loss (net) Dividend income Loss(Gain) on sale of property plant and equipment (net) Share of loss from partnership firms/ LLP (net) Unrealised Exchange (Gain)/Loss (Net) Liability no longer required written back Sundry Balance written off Operating profrt before working capital changes Less: Exceptional items Adjustments for: (Increase) / decrease in inventories (Increase) / decrease in trade receivable and Financial and Other Assets Increase/ (decrease) Trade Payables, Financial & Other Liabilities and Provisions Cash generated from operating activities Direct taxes (paid) / Refund (Net) Net cash flows from/ I used in) operating activities (A) B. Cash flow from Investing activities Purchase of property, plant and equipment, Investment properties, intangible assets (including capital work-in-progress) Sale of property, plant and equipment and Investment properties (lnvestments)/Divestment in Securities (Net) Loans given Loans given repaid Dividend received Fixed deposit (Madel/Withdrawn Investment in current account of partnership firms/ LLP's Withdrawals from current account of partnership firms/ LLP's Interest received Increase/ [Decrease) in other bank balances Net cash generated from/ [used in) investing activities {Bl c. Cash flow from financing activities Proceeds from issuance of Equity share Capital Share Issue expenses Proceeds from non-current borrowings Repayment of non-current borrowings Proceeds from current borrowings Repayment of current borrowings lncrease/(decrease) in other borrowings Interest paid Net cash flows from/ (used in) financing activities ICI Net changes fn cash and cash equivalents IA+B+C) Cash and cash equivalents (including bank balance overdraft) at the beginning of the period Cash and cash eouivalents lincludin" bank balance overdraft} at the end of the ceriod Cash and cash equivalents (including bank balance overdraft) at the end of the year Cash on hand Balances with banks in current accounts Deooslts with bank having original maturity period of less than three months Less: Bank overdraft Total e:>so c;iJ j ��ChaJed � I o Accountants _ ;l,,,J, t>"' * Half Year ended Half Year ended 30 September 2026 30 September 2025 Unaudited Unaudited (685) (2,379) 784 1,039 963 711 (6,110) (7,513] 7,872 10,558 (37) (25) (1) (15) (628) (67) 300 (96) (2) (3) (13) 5 - 2,448 2,210 - - (30,178) (10,466) (6,515) (888) 30,748 8,984 (3,497) (160 1,311 (769) (2,186) (929) (1,523) (867) 12,568 104 4,300 (1,35,684) (2,44,382) 93,756 1,63,547 1 - 6,427 3,089 (4,980) (10,033) 2,198 10,071 350 1,452 3,480 (9,471) {19,1071 (86,490' 40 1,59,000 (39) (3,584) 56,499 160 (12,472) (35,993) 4,100 (1,918) (8,778) 0 (6,753) (9,315) (12,431) 32 795 95 721 11,502 8,302 {19,718) (17,969) 182161 19 667 For the period For the period 30 September 2026 30 September 2025 37 21 254 653 4,161 11,875 (12,668) (22,216' (8,216) (9,667 � P. "D�ut,� I< m °) 0 �J,,, ., __ j • �.P'---
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Kalpataru limited Notes to Statement of unaudited Standalone Financial Results for the Quarter and Half Year ended 30 September 2026: 1 The above financial results have been prepared in accordance with the recognition and measurement principles laid down in Indian Accounting Standards (Ind AS) as prescribed under Section 133 of the Companies Act, 2013 ('the Act'). read with the Companies (Indian Accounting Standards) Rules, 2015, as amended from time to time, and other accounting principles generally accepted in India, as per Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, and are in accordance with the recognition and measurement principles laid down in Indian Accounting Standards. 2 The above financial results of the Company for the quarter and half year ended 30 September 2026 have been reviewed by the Audit Committee and approved by the Board of Directors at its meeting held on 29 October 2026. The auditor has performed limited review of the financial results for the quarter and half year ended 30 September 2026. 3 The Company has decided to opt for the concessional tax rate under Section 200 of the Income-tax Act, 2025 from Tax Year 2026-27. Accordingly, the Company has recognised the provision for income tax for the quarter and half year ended 30 September 2026 and remeasured its deferred tax assets/liabilities at the rate prescribed under that section. The impact of this change in deferred tax assets, amounting to Rs 1048 Lakhs, has been recognised in the Statement of Profit and Loss for the quarter and half year ended 30 September 2026. 4 The Utilisation of IPO proceeds is summarized below :- (Rs. in Lakhs) Utllization Particulars Proceeds Balance Ason /Unutilized 30 September 2026 in part, of certain borrowings of: " a) Kalpataru Limited (The Company) 33,326 33,326 b) Subsidiary 85,924 85,924 " General corporate purpose 32,536 32,536 " Issue Expenses 7,214 7,214 " Total 1,59,000 1,59,000 " Note: The IPO Proceeds have been completely utilized as on 30 September 2026. * Inclusive of taxes s The Company is primarily engaged in the business of real estate development, which is considered as the only reportable business segment. Further, the revenue of the Company is derived primarily from sale of residential units. Also, the Company operates within India and does not have operation's in economic environments with different risks and returns. Hence, it is considered operating In a single geographical segment. Accordingly, there are no other separate reportable segments in terms of Ind AS 108 on "Operating Segments". 6 Figures have been regrouped/ reclassified wherever necessary, to correspond with current period classification. Place : Mumbai Date : 29 October 2026 For and on behalf of the Board of Directors Kalpataru Limited Managing Director (DIN -00136337)
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kkc & associates Up Chartered Accountants (formerly Khimji Kunverji & Co LLP) Independent Auditor's Review Report on unaudited consolidated financial results for the quarter ended 30 September 2026 and year to date results for the period from 01 April 2026 to 30 September 2026 of Kalpataru Limited under Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended. To The Boa rd of Di recto rs of Kalpataru Limited Introduction 1. We have reviewed the accompanying statement of unaudited consolidated financial results of Kalpataru Limited ('the Parent' or 'the Company') and its subsidiaries (the Parent and its subsidiaries together referred to as 'the Group') and its share of the loss and total comprehensive loss of its associate and joint ventures for the quarter ended 30 September 2026 and year to date results for the period from 01 April 2026 to 30 September 2026 ('the Statement'), being submitted by the Company pursuant to the requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended ('Listing Regulations'). We have initialled the Statement for identification purpose only. 2. This Statement, which is the responsibility of the Company's Management and approved by the Company's Board of Directors, has been prepared in accordance with the recognition and measurement principles laid down in the Indian Accounting Standard ('Ind AS') 34 'Interim Financial Reporting' prescribed under section 133 of the Companies Act, 2013 ('the Act'), read with relevant rules issued thereunder and other accounting principles generally accepted in India and in compliance with Regulation 33 of the Listing Regulations. Our responsibility is to express a conclusion on the Statement based on our review. Scope of Review 3. We conducted our review of the Statement in accordance with the Standard on Review Engagements ('SRE') 2410 - 'Review of Interim Financial Information Performed by the Independent Auditor of the Entity', issued by the Institute of Chartered Accountants of India ('the ICAI'). A review of interim financial information consists of making inquiries, primarily of persons responsible for financial and accounting matters, and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with Standards on Auditing and consequently does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion. We also performed procedures in accordance with the circular Issued by the Securities and Exchange Board of India under Regulation 33(8) of the Listing Regulations, as amended, to the extent applicable. Sunshine Tower, Level 19, Senapati Bapat Marg, Elphinstone Road, Mumbai 400013, India T: +9122 6143 7333 E: info@kkdlp.in W: www.kkcllp.in LLPIN: AAP-2267 Suite 52, Bombay Mutual Building, Sir Phirozshah Mehta Road, Fort, Mumbai 400001, India
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kkc & associates lip Chartered Accountants (formerly Khimji Kunverji & Co LLP) 4. The Statement includes the result of the following entities: Sr. Name of the entity No. 1 Kalpataru Limited 2 Alder Residency Private Limited 3 Abacus Real Estate Private Limited 4 Abhiruchi Orchards Private Limited 5 Amber Enviro Farms Private Limited 6 Amber Orchards Private Limited 7 Ambrosia Enviro Farms Private Limited 8 Ambrosia Real Estate Private Limited 9 Anant Orchards Private Limited 10 Arena Orchards Private limited 11 Arimas Real Estate Private Limited 12 Astrum Orchards Private Limited 13 Axiom Orchards Private Limited 14 Azure Tree Enviro Farms Private Limited 15 Azure Tree Lands Private Limited 16 Azure Tree Orchards Private Limited 17 Kalpataru Land (Surat) Private Limited 18 Kalpataru Land Private Limited 19 20 Kalpataru Properties (Thane) Limited Kalpataru Retail Ventures Limited 21 Kalpataru Gardens Limited 22 Ananta Landmarks Private Limited 23 Kalpataru Homes Private Limited 24 Kalpataru Constructions (Poona) Private Limited 25 Ardour Properties Private Limited 26 Kalpataru Properties Limited 27 Kalpataru Residency Private Limited 28 Agile Real Estate Private Limited 29 Agile Real Estate Dev Private limited 30 Ardour Developers Private Limited 31 Kalpataru Hills Residency Private Limited 32 Kalpataru Townships Private Limited 33 Aspen Housing Private Limited 34 Kalpataru Plus Sharyans 35 Kalpataru Constructions (Pune) Relationship Holding Subsidiary Subsidiary Subsidiary Subsidiary Subsidiary Subsidiary Subsidiary Subsidiary Subsidiary Subsidiary Subsidiary Subsidiary Subsidiary Subsidiary Subsidiary Subsidiary Subsidiary Subsidiary Subsidiary Subsidiary Subsidiary Subsidiary Subsidiary Subsidiary Subsidiary Subsidiary Subsidiary Subsidiary Subsidiary Subsidiary Subsidiary Subsidiary Subsidiary Subsidiary 36 Klassik Vinyl Products LLP* Associate (up to 30 June 2026) 37 Azure Tree Townships LLP* Joint Venture (up to 30 June 2026) 38 Mehal Enterprises LLP Joint Venture *Klassik Vinyl Products LLP and Azure Tree Townships LLP ceased to be an associate and a joint venture, respectively, of the Group with effect from 01 July 2026. Sunshine Tower, Level 19, Senapati Bapat Marg, Elphinstone Road, Mumbai 400013, India T: +9122 6143 7333 E: info@kkcllp.in W: www.kkcllp.in LLPIN: AAP-2267 Suite 52, Bombay Mutual Building, Sir Phirozshah Mehta Road, Fort, Mumbai 400001, India
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kkc & associates lip Chartered Accountants (formerly Khimji Kunverji & Co LLP) Conclusion 5. Based on our review conducted and procedures performed as stated in paragraph 3 above and based on the consideration of the review reports of the other auditors referred to in paragraph 6 below and management certified results referred to in paragraph 7 below, nothing has come to our attention that causes us to believe that the accompanying Statement, prepared in accordance with the recognition and measurement principles laid down in the Ind AS specified under Section 133 of the Act as amended, read with relevant rules issued thereunder and other accounting principles generally accepted in India, has not disclosed the information required to be disclosed in terms of Regulation 33 of the Listing Regulations, including the manner in which it is to be disclosed, or that it contains any material misstatement. Other Matters 6. We did not review the interim financial results of 15 subsidiaries included in the Statement, whose financial results, reflect total assets of Rs. 11,4 7,644 lakhs (before consolidation adjustment) as at 30 September 2026, reflect total revenues of Rs. 24,595 lakhs (before consolidation adjustment) and 48,766 lakhs (before consolidation adjustment), total net loss of Rs. 5,011 lakhs (before consolidation adjustment) and 6,819 lakhs (before consolidation adjustment) and total comprehensive loss of Rs. 5,101 lakhs (before consolidation adjustment) and 7,129 lakhs (before consolidation adjustment) for the quarter ended 30 September 2026 and for the period from 01 April 2026 to 30 September 2026 respectively, and cash outflows (net) of Rs. 6,051 lakhs for the period from 01 April 2026 to 30 September 2026 as considered in the Statement. These financial results have been reviewed by other auditors and their reports, vide which they have issued an unmodified conclusion have been furnished to us by the Management and our conclusion on the Statement, in so far as it relates to the amounts and disclosures included in respect of these subsidiaries is based solely on the reports of the other auditors and the procedures performed by us as stated in paragraph 3 above. Our conclusion on the Statement is not modified in respect of the above matter.' 7. We did not review the interim financial information of 11 subsidiaries included in the Statement, whose financial results, reflect total assets of Rs. 10,939 lakhs (before consolidation adjustment) as at 30 September 2026, reflect total revenues of Rs. 480 lakhs (before consolidation adjustment) and 569 lakhs (before consolidation adjustment), total net loss of Rs. 110 lakhs (before consolidation adjustment) and 247 lakhs (before consolidation adjustment) and total comprehensive loss of Rs. 110 lakhs (before consolidation adjustment) and 247 lakhs (before consolidation adjustment) for the quarter ended 30 September 2026 and for the period from 01 April 2026 to 30 September 2026 respectively, and cash outflows (net) of Rs. 33 lakhs (before consolidation adjustment) for the period from 01 April 2026 to 30 September 2026 respectively as considered in the Statement. The Statement also includes the Group's share of net profit after tax of Rs. 607 lakhs and Rs. 2479 lakhs (before consolidation adjustments) and total comprehensive profit of Rs. 607 lakhs and Rs. 2479 lakhs (before consolidation adjustments) for the quarter ended 30 September 2026 and for the period from 01 April 2026 to 30 September 2026, respectively, as considered in the Statement, in respect of 1 joint venture for the quarter ended 30 September 2026 and for the period from 01 April 2026 to 30 September 2026, in respect of 1 associate and 1 joint venture for the period from 01 April 2026 to 30 June 2026, based on their interim financial Sunshine Tower, Level 19, Senapati Bapat Marg, Elphinstone Road, Mumbai 400013, India T: +9122 6143 7333 E: info@kkcllp.in W: www.kkcllp.in LLPIN: MP-2267 Suite 52, Bombay Mutual Building, Sir Phirozshah Mehta Road, Fort, Mumbai 400001, India
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kkc & associates lip Chartered Accountants (formerly Khimji Kunverji & Co LLP) information, which has not been reviewed by their respective auditors. The interim financial information of these subsidiaries, associate and joint ventures are considered in the statement as approved and certified by the management. According to the information and explanations given to us by the Management, these interim financial information are not material to the Group. Our conclusion on the Statement is not modified in respect of the above matter. For KKC & Associates LLP Chartered Accountants (formerly Khimji Kunverji & Co LLP) Firm Registration Number: 105146W/W100621 �-�4 Partner _ICAI Membership No: 100583 UDtN: 2. 'lo OS 8' � F O l\ £rtf °I 4 8 =1- Place: Mumbai Date: 29 October 2026 Sunshine Tower, Level 19, Senapati Bapat Marg, Elphinstone Road, Mumbai 400013, India T: +9122 6143 7333 E: info@kkcllp.in W: www.kkcllp.in LLPIN: AAP-2267 Suite 52, Bombay Mutual Building, Sir Phirozshah Mehta Road, Fort, Mumbai 400001, India
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Kalpataru Limited ' j -m:fil ffl1J (CIN No. L45200Ml;l1988PLC0S0144) Registered Office: 91, Kalpataru SynerBY, Opp. Grand Hyatt, Santacrui (E), Mumbai, India 400 055 Email: investor.cs@kalpataru.com Website: www.kalpataru.com Statement of unaudited Consolidated Financial Results for the Quarter and Half Year ended 30 September 2026 Sr. no. 1 2 3 4 s 6 7 8 9 10 11 12 13 14 1S 16 17 Particulars Quarter ended 30Sept202& 30June202& (Unaudited) (Unaudited) Income Revenue from Operations 43,717 47,220 other Income 4,220 2,284 Total Income 47,937 49,504 Expenses Cost of sales and other operational expenses 38,844 38,934 Employee benefits expense 6,548 6,037 Finance Costs 1,248 2,049 Depreciation and Amortisation Expenses 1,173 1,026 Other Expenses 8,628 6,835 Total Expenses 56,441 54,881 Profit/ (loss) before share of profits/ (loss) in Associate (8,504) (5,377) and Joint Venture and eicceptlonal Items (1-2) Share of Net Profit/ (loss) in Associates and Joint Venture 607 1,872 Profit/ (loss) before exceptional item and tax (3-14) {7,897) (3,S0SI Less: Exceptional Item Profit / (loss) before tax (s-«il (7,897) (3,505) Tax Expense (830) (601) • Current tax 182 617 - Earlier year tax 20 s - Deferred tax (cr edit)/ ,harge (1,032) (1,223) Profit/ (loss) for the Period/ Year (7-8) (7,067) 12,904) Other comprehensiv e (Expense)/ Income Items that will not be redassified to Profit and Loss Re-measurement &ain/(losses) on defined benefit plan (409) (715) Income tax effect on above 108 19S Othl!r comprehenslve Income/ (Expens.,s) net of tax (301) (520) Total comprt!henslve Income/ (loss) for the period/ vear (7,368) (3,424) after tax Net Profit/ (loss) attributable to -Owner's of the parent (6,460) (2,652) -Non-controlling interest (607) (252) Other comprehenslv• Income/ (loss) for the period / year attributable to -Owner's of the parent (298) (501) -Non-controlling interest (3) (19) Total comprehensive Income / [loss) f« the period / year attributable to -Owner's of the parent (6,758) (3,153) -Non-controlling interest (610) (271) Paid-up equity share capital• Face vallie of Rs. 10 per 20,593 20,591 share Other Equity (excludln& revaluation reserve) Eaminp per share (EPSJ• - Face value of Rs. 10 uch (a) Bask: EPS (in Rs.) • (3.14) (1.29) (bl Dilut•d EPS (in Rs.) (3.13) (1.29) •not annualised except for the year ended 31 March 2026 --- �soc;i!J� j OiJ l� .I Rs b Lakhs Half vur ended Year ended 30 Sept 2025 30Sept 2026 30Sept 202S 31 March 2026 (Unaudited) (Unaudited) (Unaudited) (AucfAtd) 79,377 90,937 1,23,697 3,43,562 2,189 6,504 3,547 10,109 81,566 97,441 1,27,244 3,53,671 63,142 77,778 1,00,S87 2,7S,213 6,609 12,585 10,839 22,638 1,237 3,297 4,422 7,001 1,073 2,199 2,057 4,642 8,957 15,463 14,336 33.499 81,018 1,11,lU 1,32,241 3,42,993 548 (13,181) {4,997) 10,678 (70) 2,479 (162) (327) 478 (11,402) (5,1591 10,351 770 478 (11,402) (5,159) 9,581 (18) (1,431) 1471) 1,SIS 1,451 799 1,701 8,000 (4) 25 (4) 22 (1,465) (2,255) (2,168) (6,07) 496 (9,971) 14,681) 7,996 (174) (1, 124) (177) (J92) 4S 303 4S l25 (129) (821) (1321 1267) 367 (10,792) (4,820) 7,729 S44 19,112) (4,398) 9,371 (48) (859) (290) (1,375) (117) (799) (120) (259) (12) (22) 112) (8) 427 (9,911) (4,518) 9,112 (60) (881) (302) (1,313) 20,591 20,593 20,591 20,591 . 3,91,056 0.26 (4.43) (2.34) 4.76 0.26 (4.42) (2.34) 4.76 /4� � �\) .... ""'>� 1{CJ. t °'> " "')f --
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�� Kafpataru Limited (CIN No. l45200MH1988PLC0S0144) Registered Office: 91, Kalpataru Synergy, Opp. Grand Hyatt, Santacru! {El, Mumbai, India 400 055 Email: lnvestor.cs@kalpataru.com Website: www.ka!pataru.com Statement of unaudited Consolidated Assets and Uablllties as at 30 September 2026 ASSETS Non current assets Property, plant and equipment Capital work-in-progress Investment property Goodwill on consolidation Other Intangible assets Investment in Assoclates and Joint Venture Finanda( assets (;) Investments {ii) Other Flnancial as,ets Non-current tax assets (net) Deferred tax assets (net) Other" non-cuuent assets Total non-current assets Current assets Inventories Financiar assets (ll Investments (II) Trade receivables {iii) Cash and cash equivalents (Iv) Bank balances other than (iii) above {v) loans (vi) Other financial as,ets Other c1.1rrent assets Total current assets Assets cluslfled as held for sale TOTAL ASSETS EQUITY AND LIABILITIES Equity Equity share capita I Other equity Equity attributable to owner's of th& p•rer,t Non-controlling interest Total equity Llabllltles Non current llabllltles Financial llablllties {i) Borrowings (iii Other Financial liabilities Other non-current llabilities Provisions Total non current llabllltles Current llabillt!es Flnanclal liabllltles (II Borrowings (ii) Trade payables (a) Total outstanding dues of micro enterprises and small enterprise, (bl Total outstanding dues of creditors other than micro enterprises and small enterprises (iii) Other financial liabilities Other current liabilities Provisions Total current llabilltles TOTALEO.UITY AND LIABILITIES Rs. In Lakhs As at30 As at 31 March September 2026 Z0Z6 (Unaudited) 32,609 10,910 36,602 103 41 15 15,709 t6.n9 7,061 25,304 966 1,46,049 15,13,387 8,461 48,946 14,434 45,686 14,736 24,491 54,576 17,14,717 18,70,766 20,593 3,82,148 4,02,741 (4,734) 3,98,007 2,41,899 21,222 3,020 7,323 2,73,464 6,76,023 9,488 82,897 55,474 3,45,848 29,565 11,99,295 18,70 766 (Audited) 32,764 10,868 37,276 103 36 75 12,778 19,139 8,675 22,762 1,338 1,4S,814 13,65,992 5,848 64,268 23,854 58,692 16,108 17,539 S8.876 1&,11,1n 11,250 17,61,241 20,591 3,91,056 4,11,647 (3,854) 4,07,793 2,79,679 19,617 1,715 6,067 3,07,071 6,37,103 11,119 57,556 65,022 2,60,636 21,934 10,53,370 I� »
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Kalpataru Limited �-TI!W (CIN No. L45200MH1988PLCOS0144) Registered Office: 91, Kalpataru Synergy, Opp. Grand Hya� Santacruz (E), Mumbai. India 400 ass Email: hwestor.cs@)kalpataru.com Website; www.kalpataru.com Statement of unaudited Consolidated Cash Flows fDf" the Half year ended 30 September 2026 Rs lnblchs Sr.no. P1rtlallars Half Year ended Holl Year ended JO September 2026 30 September 2025 (U .. udlted) IUnaudlted) A. Cash fl-fro!" operall"I actlYlllcl : Profit/ (loss) before share of net profits/ (lo>S) of lnvestm<!nt accounted for uslnc equity method and tax (1),111) (4,997) Adju.,tm<!nts f0<: Oep,eciation and amortisation expense 2,199 2,057 Sh ate based payments 927 711 Interest income (1,816) (2,593) Interest e"l)Onses and other firunclal charges ( including Unwindln1 of dlstount on flnandol liabilities at 3,297 4,4U arnortlsed cost) Fair value rGain)/Loss on Hnancial instruments at (air value through pront or1os-s (net) (2,768) (40) Loss(Gain) on sale of property plant and equipment (netl (647) Share of Ion from parblership firms/ LLP [net) 443 167 Unrealised Exchange(Galn)/loss(Net) 11 13) UabiUtv no longer required written back (161) Sundry Balance written off 105 Ope,atlnc (Lass)/Proffl before working capltal ch.,.... (12,291) (276) Wo<klng Capital Adjustments (1ncreaseJ / decrease in inventories (92,207) (17,317) {lncreisel / decrease in trade rectiwable and finattcial & Other Asseu 11,866 (11.229) lncre.,e/ (decrease) Trade Payablet. Finonciol & Other Uabilities and Provisions 1,10,029 69,138 Cash cenerated from opentlnc actlvftles 17,397 �.316 Direct taxes (paid)/ refunds 91S il.319) Net cash flows from/ (used In) operatln& actMtlH (A) 18,312 31,997 a. Cash flow from lnw,tlnc Ktlvltles: Purchase of property1 plant and equipment1 Investment pr0pcrties1 intangible assets (lndudina capital worka (4,330) (2,044) In-progress, Investment properties under construction and Assets dassifled as held f0< sale) Sate of ptoperty1 plant and equipment and fnvestment properties 12,797 45 (lnU'ease) / deetea:se in othe, bank balances 12.337 (4,278) Onvestmentsl/ Oive<tment in Securities (359) (405) Acquisition/ Purchase of shores (156) Withdrawals rrom fixed capital account of pattnership firms/ UP's 103 Investment In current account of partnership firms/ llP"s (1,586) (3,000) Withdrawals fr0<n current a,:counlof partnership firms/ UP's 518 965 fixed deposit (Made)/Withdrawn 3,361 5,492 loan given (219) Loan given repaid 1.670 994 lntffltSt received 888 2,566 Netush flows from/ (used in) mestlnc a<tivltles (B) 25,180 179 C. C..sh flow from flnancln1 actlvitl11: Proceeds from issuance of Equity ,hare C.pital 75 1,59,000 Share Issue «"l)On,es (39) (3,584) Proceeds from non-current borrow'n1s 65,099 13,82B Repayment of nOft.c.utrent borrowinJs (1.S6,881) (53,2581 Proceeds from ct.artent botrowinp 2,os,9n 1,75,180 Repayment of current borro..-ings (1.16,029) (Z,57,236) Increase/ (decrease) In other borrowings 175 2,974 Interest e�nses and other r,..,,oar clw1es (38,491) (64,131) Netush flows from/ (used In) flnalldngactlvltlts (C) (40,114) (27,2271 Net ch•naes In cash •nd cash equlYolents (A+B+c) 3,371 11,945 cash and cash equivalents (lnctud!M bank balance overdraft) at the bealnnlrw of the veor (4,715) 117,710) Cash and cash equivalents (lncludha bank balana! owrdraftl at the end of the year (1,337} (5,761) D. Cash and cash equlwlents{lncludfoc bank balanuowrdraftl at the end of the year Asat ,.,., 30 S.ptembor 202li 30 September 2025 Cash on hand 331 109 Balances with banks Jn current acc<1<1nts 5,162 3,102 Deposits with bank having orlginal Nturity period of less than three months 8,�l 17,789 Less: Bank overdraft (15,nl) (26,761) Total 11,337) - -15,761
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Kalpataru Limited Notes to the unudited Consolidated Financial Results for the Quarter and half year ended 30 September 2026 1 The above unaudited consolidated financial results have been prepared in accordance with the recognition and measurement principles laid down in Indian Accounting Standards (Ind AS) as prescribed 1.1nder Section 133 of the Companies Act, 2013 ('the Act'). read with the Companies (Indian Accounting Standards) R1.1les, 201S, as amended from time to time, and other accounting principles generally accepted in India as per Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, and are in accordance with the recognition and measurement principles laid down In Indian Accounting Standards. 2 The above unaudited consolidated financial results of the Company for the quarter and half year ended 30 September 2026 have been reviewed by the Audit Committee and approved by the Board of Directors at its meeting held on 29 October 2026. The auditor has performed limited review of the financial results for the quarter and half year ended 30 September 2026. 3 The Company has decided to opt for the concessional tax rate under Section 200 of the Income-tax Act, 2025 from Tax Year 2026-27. Accordingly, the Company has recognised the provision for income tax for the quarter and half year ended 30 September 2026 _and remeasured its deferred taK assets/liabilities at the rate prescribed under that section. The impact of this change in defferrred tax assets, amounting to Rs. 1,048 Lakhs, has been recognised in the Statement of Profit and Loss for the quarter and half year ended 30 September 2026. 4 The Utilisation of net IPO oroceeds is summarized below • .- Pa rficulars Proceeds borrowings of: a) Kalpataru Limited (The Company) 33,32! b) Subsidiary 85,92< General corporate purpose 32,531 Issue expenses • 7,211 Total 1,59,00C Note: The Gross IPO Proceeds have been completely utilized as on 30 September 2026. * Inclusive of taxes. Rs in Lakhs Utilization Ason Balance/ 30Sept2026 Unutllized 33,321 . 85,921 . 32,531 . 7,214 . 1,59,000 5 The Group is primarily engaged in the business of real estate development, which is considered as the only reportable business segment. Further, the revenue of the Company is derived primarily from sale of residential units. Also, the Group operates within India and does not have operation in economic environments. with different risks and returns. Hence, it is considered operating ln a single geographical segment. Accordingly, there are no other separate reportable segments in terms of Ind AS 108 on "Operating Segment". 6 Figures have been regrouped/ reclassified wherever necessary, to correspond with current period classification. Place: Mumbai Date : 29 October 2026 For and on behalf of the Board of Directors of Kaloataru limited ?� ... Managing Director (DIN : 00136337)