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Kolte-Patil Developers Ltd — Call Transcript 2024
Nov 8, 2024
59438_rns_2024-11-08_2d8cac5a-200c-4032-b6f8-df8f45bca953.pdf
Call Transcript
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To, To, The Assistant Manager, The General Manager, National Stock Exchange of India Limited Listing BSE Limited, Department, ‘Exchange Plaza’, Bandra Kurla Corporate Relationship Department, Complex, 1[st] floor, Phiroze Jeejeebhoy Towers, Bandra (East), Dalal Street, Mumbai – 400051 Mumbai – 400001
Date: 08 November 2024
Sub: Intimation for Earnings Conference Call for Q2 & H1 FY25 ISIN: Equity: INE094I01018 and Debt: INE094I07049, INE094I07064 and INE094I07072.
Ref: NSE Symbol and Series: KOLTEPATIL and EQ BSE Code and Scrip Code - Equity: 9624 and 532924 BSE Security Code and Security Name – Debt: 1. 974771 and KPDLZC33;
2. 975276 and KPDL221223; 3. 976030 and 0KPDL34.
Dear Sir/Madam,
Pursuant to Regulation 30, 51 and other applicable regulations of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed herewith Invitation for Earnings Conference Call with dial details.
This is for your information and record.
Thanking you,
For Kolte-Patil Developers Limited
VINOD Digitally signed by VINOD EKNATH EKNATH PATIL PATIL Date: 2024.11.08 17:12:12 +05'30'
Vinod Patil Company Secretary and Compliance Officer Membership No. A13258
KOLTE-PATIL DEVELOPERS LTD.
CIN : L45200PN1991PLC129428
Pune Regd. Office: 8[th] Floor, City Bay, CTS NO. 14 (P), 17 Boat Club Road, Pune - 411001, Maharashtra, India. Tel.: + 91 20 6742 9200 / 6742 9201 Bangalore Office: 121, The Estate Building, 10th floor, Dickenson Road, Bangalore 560042, India. Tel.: 080- 4662 4444 / 2224 3135/ 2224 2803 Web.: www.koltepatil.com Email id: [email protected]
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Kolte-Patil Developers Ltd. Q2 & H1 FY25 Earnings Conference Call On Wednesday, November 13, 2024 at 03:00 pm IST
Kolte-Patil Developers Ltd. (KPDL) , a leading Pune based real estate developer, with growing presence in Mumbai and Bengaluru, will host a conference call for investors and analysts on , November 13, 2024 at 03:00 PM IST to discuss its results and developments for the second quarter and half year ended 30[th] September 2024. The financial results will be announced on November 12, 2024.
Senior management of KPDL will be present to address the call.
| Details of the conference call are as follows: | Details of the conference call are as follows: |
|---|---|
| Timing | 03:00 PM IST, Wednesday, November 13 2024 |
| To enable participants to connect to the conference call without | |
| having to wait for an operator, please register at the below | |
| mentioned link. | |
| Pre-registration | |
| You will receive dial in numbers, passcode and a pin for the con- | |
| call on the registered email address provided by you. Kindly dial | |
| into the call on the Conference Call date and use the passcode & | |
| pin to connect to call. | |
| Universal Dial-in Number (India) | +91 22 6280 1102+91 22 7115 8003 |
| Hong Kong Local Access Number | 800 964 448 |
| Singapore Local Access Number | 800 101 2045 |
| UK Local Access Number | 0 808 101 1573 |
| USA Local Access Number | 1 866 746 2133 |
Please dial the above numbers 5-10 minutes prior to the scheduled start to ensure that you are connected to the call in time.
About Kolte-Patil Developers Limited
Kolte-Patil Developers Ltd. (BSE: 532924, NSE: KOLTEPATIL; KPDL), incorporated in 1991, is a leading real estate company with dominant presence in the Pune residential market, and growing presence in Mumbai and Bengaluru. Kolte-Patil is a trusted name with a reputation for high quality standards, design uniqueness, corporate governance, transparency and timely delivery of projects. The company has developed and constructed over 64 projects including residential complexes, integrated townships, commercial complexes and IT Parks covering a saleable area of >28 million square feet across Pune, Mumbai and Bengaluru. The Indian Green Building Council (IGBC) has certified several of the company’s projects. KPDL markets its projects under two brands: ’KoltePatil’ (addressing the mid-income segment) and ‘24K’ (addressing the premium luxury segment).
Consolidating its leadership position in Pune, the company forayed into the Mumbai market in 2013 focusing on society redevelopment projects that have lower capital intensity. The company has signed fourteen projects (two completed, five on going, seven future projects) till date at prime locations across the city.
KPDL has seamlessly navigated varied economic cycles enabled by one of the lowest debt levels in the sector. The Company’s long-term bank debt has been rated ‘AA-/Stable’, short-term bank loan facilities as A1+ and nonconvertible debentures as AA-/Stable by CRISIL.
The Company’s growth trajectory, internal processes and corporate governance practices have benefitted from partnerships with marquee financial institutions like KKR, JP Morgan Asset Management, Portman Holdings, ASK Capital, Motilal Oswal, ICICI Ventures, IL&FS, Planet Smart City and Marubeni Corporation.
Over the years, KPDL has received multiple awards and recognitions including Times Power Brand - Legacy Brand in Real Estate – Pune 2023, ET Business Awards- Most Iconic Luxury Brand in Real Estate 2022, Residential High Rise Architecture India2021, Asia Pacific Property Awards (IPA), Times Realty, 2021- 22 and Residential High Rise Architecture India2021, Top Challengers 2019-20 by Construction World Global Awards Online, Trusted Brand of the Year, Times Realty Icons - Best Realtor 2019, CNN NEWS18 – Developer of the Year Residential 2019, ET Now – Most Trusted Brand India’s 2019, The Economic Times - The Game Changers of Maharashtra 2018 and Asia’s Greatest Brand 2017 by AsiaOne.
For more details on Kolte-Patil Developers Ltd., visit www.koltepatil.com.
For further information please contact
| Dipti Rajput, CFA | Savli Mangle / Smit Shah |
|---|---|
| VP – Investor Relations | Adfactors PR |
| Kolte-Patil Developers Ltd. | Oasis Complex, Kamala Mills Compound, City Hall, |
| 1101, The Capital, BKC, Mumbai – 51 | Pandurang Budhkar Marg, Lower Parel West, Mumbai |
| Tel - +91 74004 81432 | – 400021 |
| Email –[email protected] | Tel: +91 98333 61003 / +91 98707 89596 |
| Email:[email protected] | |
| [email protected] |
Disclaimer
Certain statements that may be made or discussed at the conference call may be forward-looking statements. Such forward-looking statements are subject to certain risks and uncertainties like significant changes in political and economic environment in India and overseas, tax laws, import duties, litigation, labour relations etc. Actual results might differ substantially from those expressed or implied. Kolte-Patil Developers Limited will not be in any way responsible for any action taken based on such statements and discussions; and undertakes no obligation to publicly update these forward-looking statements to reflect subsequent events or circumstances.