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Kalpataru Valuation Multiples

Discover revenue and EBITDA valuation multiples for Kalpataru and similar public comparables like JM AB, Akfen İnşaat, Besalco, SCEE and more.

Kalpataru Overview

About Kalpataru

Kalpataru Ltd is an integrated real estate development company involved in all key activities associated with real estate development, including the identification and acquisition of land (or development rights thereto), planning, designing, execution, sales, and marketing of its projects. It is a prominent real estate developer in the Mumbai Metropolitan Region (MMR) in Maharashtra and are present across all micro-markets in the MMR. The company generates key revenue from the sale of residential units, and License fees & other charges.


Founded

1988

HQ

India

Employees

130

Financials (LTM)

Revenue: $271M
EBITDA: $9M

EV

$2B

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Kalpataru Financials

Kalpataru reported last 12-month revenue of $271M and EBITDA of $9M.

In the same LTM period, Kalpataru generated $9M in EBITDA and $4M in net income.

Revenue (LTM)


Kalpataru P&L

In the most recent fiscal year, Kalpataru reported revenue of $175M and EBITDA of $116M.

Kalpataru is unprofitable as of last fiscal year, with gross margin of 72%, EBITDA margin of 66%, and net margin of (6%).

See analyst estimates for Kalpataru
LTMLast FY202320242025202620272028
Revenue$271M$175M$221M$227M$299M
Gross Profit—$127M$131M$127M—
Gross Margin—72%59%56%—
EBITDA$9M$116M$118M$34M$11M
EBITDA Margin3%66%54%15%4%
EBIT Margin2%62%51%13%2%
Net Profit$4M($11M)($13M)($930K)$7M
Net Margin2%(6%)(6%)(0%)2%
Net Debt—$1B———

Financial data powered by Morningstar, Inc.

Kalpataru Stock Performance

Kalpataru has current market cap of $819M, and enterprise value of $2B.

Market Cap Evolution


Kalpataru's stock price is $3.98.

Kalpataru share price increased by 15.9% in the last 30 days.

Kalpataru has an EPS (earnings per share) of $-0.05.

See more trading valuation data for Kalpataru
EVMarket CapPrice 1DPrice 1MPrice 3MPrice 12MEPS
$2B$819M-1.9%15.9%14.3%—$-0.05

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Kalpataru Valuation Multiples

Kalpataru trades at 6.1x EV/Revenue multiple, and 194.4x EV/EBITDA.

See NTM and 2027E valuation multiples for Kalpataru

EV / Revenue (LTM)


Kalpataru Financial Valuation Multiples

As of May 13, 2026, Kalpataru has market cap of $819M and EV of $2B.

Kalpataru has a P/E ratio of 184.3x.

LTMLast FY202320242025202620272028
EV/Revenue6.1x9.5x7.5x7.3x5.6x
EV/EBITDA194.4x14.4x14.1x49.5x153.0x
EV/EBITn/m15.3x14.9x57.7xn/m
EV/Gross Profit—13.1x12.7x13.1x—
P/E184.3x(75.5x)(60.8x)n/m123.4x
EV/FCF119.9x48.6x20.5x37.5x(75.7x)

Multiples above and below 250x are considered non-meaningful (n/m). Valuation data powered by FactSet, Inc. and Morningstar, Inc.

Verified Kalpataru Valuation Multiples

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Kalpataru Margins & Growth Rates

Kalpataru grew revenue by 39% but EBITDA decreased by 94% in the last fiscal year.

In the most recent fiscal year, Kalpataru reported gross margin of 72%, EBITDA margin of 66%, and net margin of (6%).

See estimated margins and future growth rates for Kalpataru

Kalpataru Margins

Last FY202420252026202720282029
Gross Margin72%56%——
EBITDA Margin66%15%4%4%
EBIT Margin62%13%2%3%
Net Margin(6%)(0%)2%3%
FCF Margin20%20%(7%)13%

Kalpataru Growth Rates

FY+1/FY23/2424/2525/2626/2727/2828/29
Revenue Growth39%3%32%17%
Gross Profit Growth—(3%)——
EBITDA Growth(94%)(72%)(68%)29%
EBIT Growth(98%)(74%)(78%)47%
Net Profit Growth(122%)(93%)(813%)41%
FCF Growth40%(45%)(150%)(313%)

Data powered by FactSet, Inc. and Morningstar, Inc.

Kalpataru Operational KPIs

Kalpataru's revenue per employee in the last FY averaged $1.3M, while opex per employee averaged $0.1M for the same period.

Kalpataru's Rule of 40 is 21% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).

Kalpataru's Rule of X is 46% (created by Bessemer, Rule of X is another metric to measure SaaS companies, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).

Access forward-looking KPIs for Kalpataru
Last FY20232024202620272028
Rule of 4021%——
Bessemer Rule of X46%——
Revenue per Employee$1.3M——
Opex per Employee$0.1M——
S&M Expenses to Revenue4%3%3%
G&A Expenses to Revenue4%3%3%
Opex to Revenue10%9%8%

Data powered by FactSet, Inc. and Morningstar, Inc.

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Kalpataru Competitors

Kalpataru competitors include JM AB, Akfen İnşaat, Besalco, SCEE, McDermott, Jet Contractors, Sentia, Limbach Holdings, Salfacorp and Cardinal Infrastructure.

Most Kalpataru public comparables operate across Construction & Engineering.

EV/RevenueEV/EBITDA
Last FYLTM2027ELast FYLTM2027E
JM AB1.9x1.8x57.7x45.5x
Akfen İnşaat5.7x—11.1x—
Besalco1.0x—9.0x—
SCEE1.3x1.4x18.2x15.0x
McDermott0.1x—4.8x—
Jet Contractors493.4x—3.5x—
Sentia0.3x0.3x4.4x5.5x
Limbach Holdings1.4x1.4x11.3x10.8x

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About Kalpataru

When was Kalpataru founded?Kalpataru was founded in 1988.
Where is Kalpataru headquartered?Kalpataru is headquartered in India.
How many employees does Kalpataru have?As of today, Kalpataru has over 130 employees.
Is Kalpataru publicly listed?Yes, Kalpataru is a public company listed on National Stock Exchange of India.
What is the stock symbol of Kalpataru?Kalpataru trades under KALPATARU ticker.
When did Kalpataru go public?Kalpataru went public in 2025.
Who are competitors of Kalpataru?Kalpataru main competitors include JM AB, Akfen İnşaat, Besalco, SCEE, McDermott, Jet Contractors, Sentia, Limbach Holdings, Salfacorp, Cardinal Infrastructure.
What is the current market cap of Kalpataru?Kalpataru's current market cap is $819M.
What is the current revenue of Kalpataru?Kalpataru's last 12 months revenue is $271M.
What is the current revenue growth of Kalpataru?Kalpataru revenue growth (vs. last FY) is 39%.
What is the current EV/Revenue multiple of Kalpataru?Current revenue multiple of Kalpataru is 6.1x.
Is Kalpataru profitable?Yes, Kalpataru is EBITDA-positive (as of the last 12 months).
What is the current EBITDA of Kalpataru?Kalpataru's last 12 months EBITDA is $9M.
What is Kalpataru's EBITDA margin?Kalpataru's last 12 months EBITDA margin is 3%.
What is the current EV/EBITDA multiple of Kalpataru?Current EBITDA multiple of Kalpataru is 194.4x.
What is the current FCF of Kalpataru?Kalpataru's last 12 months FCF is $14M.
What is Kalpataru's FCF margin?Kalpataru's last 12 months FCF margin is 5%.
What is the current EV/FCF multiple of Kalpataru?Current FCF multiple of Kalpataru is 119.9x.
How many companies Kalpataru has acquired to date?Kalpataru hasn't acquired any companies yet (or none have been disclosed publicly).
In how many companies Kalpataru has invested to date?Kalpataru hasn't invested in any companies yet (or none have been disclosed publicly).

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