Page 20 - Kolte Patil AR 2019-20

Spotlight mindset Long-term Focus Controlled growth
At Kolte-Patil, we believe At Kolte-Patil, we are a long- At Kolte-Patil, we believe At Kolte-Patil, we believe
that we are always being term-focused Company - by that the narrower the field of that one of the biggest
watched – watched by the nature of products that competence the bigger the drivers of our sustainable
our colleagues, watched we create to the way we possibility of specialisation growth is that we have
by regulators, watched by perceive our existence. We and sustainable never consciously desired
stakeholders, watched by don’t just create products competence. In view of this, to become the biggest in
prospective customers, that will last generations; we have selected to not our business at any cost; on
watched by the world at we expect to exist across diversify into any unrelated the contrary, the dominant
large. Whether we are generations as well. This business but deepen our position that we enjoy in
being watched or not is aspiration puts a premium capabilities and competitive Pune has been derived from
immaterial; what we believe on our capacity to think advantage. At our Company, measured and controlled
is important is to be the role long-term: this is reflected in we have deepened this growth where we conducted
model through thought and virtually everything that we sense of focus: we see our business within the
action, putting a premium do. Whether it is the kind of role as an efficient convertor perimeters of our Balance
on what we are, what we do ERP we invest in; whether who creates properties Sheet – drawing down
and how we are perceived. this is related to the kind in the lowest cost in the debt, maximising accruals
of equipment we seek to quickest time and at the and responsible capital
buy; whether it is related to highest quality rather than allocation. The result: we
the size and location of the as a Company that would have remained asset-light
township we seek to grow; rather buy, trade or invest in and profitable through some
whether this is related to extensive land banks (except of the most challenging
the pedigree of the private when we are building market cycles.
equity partner we wish to townships).
collaborate with in building
one of our projects.

18 | Kolte-Patil Developers Limited