No. As of September 2026, Kolte-Patil Developers Ltd (532924.BO) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Kolte-Patil Developers Ltd does not pass Musaffa's business and financial screening criteria.
Kolte-Patil Developers Ltd. engages in the development of real estate property. The company is headquartered in Pune, Maharashtra and currently employs 520 full-time employees. The company went IPO on 2007-12-07. The firm is primarily engaged in the business of construction of residential, commercial, information technology (IT) parks along with renting of immovable properties and providing project management services for managing and developing real estate projects. The company has a presence in the Pune residential market, and a diversified presence in Mumbai and Bengaluru. The company markets its projects under two brands: Kolte-Patil (addressing the mid-premium/premium segment) and 24K (addressing the premium luxury segment). The firm has developed and constructed over 68 projects, including residential complexes, integrated townships, commercial complexes and IT parks covering a saleable area of approximately 30 million square feet across Pune, Mumbai and Bengaluru. Its projects include Aros, Sound of Soul, Raaga, Florence, Giga, Verve, City Vista, iTowers Exente and others. Raaga project is in Hennur Road, North Bengaluru.
Kolte-Patil Developers Ltd 532924.BO
₹437.65 ₹12.30 (2.73%) 1D
Last Updated: Sep 11, 12:00 AM·BSE
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532924.BO Shariah Compliance
Screening Methodology: AAOIFI
As of September 2026, Kolte-Patil Developers Ltd is classified as not halal.
NOT HALAL
Report Source: undefined Quarter Report
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Financial Metrics & Statements of Kolte-Patil Developers Ltd (532924.BO)
FAQ's for Kolte-Patil Developers Ltd (532924.BO)
As of September 2026, Kolte-Patil Developers Ltd 532924.BO is classified as not halal according to Musaffa’s Shariah screening methodology. This classification is based on an assessment of the company’s business activities and financial ratios against Islamic investment guidelines.
A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes Kolte-Patil Developers Ltd using these criteria to determine its compliance status.
Muslim investors may consider investing in Kolte-Patil Developers Ltd if it meets Shariah compliance standards. Investors typically review the company’s business activities, debt levels, and non-permissible income before making a decision.
Musaffa determines the Shariah status of Kolte-Patil Developers Ltd by analyzing whether the company’s core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.
The Shariah compliance status of Kolte-Patil Developers Ltd may be updated periodically when new financial statements, earnings reports, or business activity information become available.
Yes. A stock that is currently Shariah-compliant may become non-compliant if the company’s financial ratios exceed Shariah thresholds or its business activities change.
You can check the latest Shariah compliance status of Kolte-Patil Developers Ltd on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.
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