Kalpataru Projects International Ltd (KPIL), a leading engineering, procurement, and construction (EPC) firm specializing in power transmission, distribution, and infrastructure development, has announced new order wins worth approximately ₹2,293 crore from both domestic and international markets.
Order Highlights
- Domestic Orders: KPIL has secured significant contracts in the Buildings & Factories (B&F) segment, including residential and institutional infrastructure projects across various Indian states.
- International Contracts: The company’s global subsidiaries have bagged substantial orders in the Power Transmission & Distribution (T&D) sector, further reinforcing KPIL’s global reach.
With this latest development, KPIL’s total order inflow for the current financial year (FY26) has reached ₹9,443 crore, providing a strong foundation for sustained growth and operational visibility.
Leadership Perspective
Manish Mohnot, Managing Director and CEO of KPIL, stated,
“These wins have strengthened our Buildings & Factories order book and improved our market position. With these orders, our order intake till date in FY26 has reached ₹9,443 crore, giving us good visibility for future growth.”
Recent Wins and Competitive Landscape
In June, KPIL secured one of its largest residential infrastructure contracts valued at ₹3,789 crore, covering over 12 million sq ft. Additionally, it received overseas transmission and distribution projects worth ₹989 crore, showcasing its consistent momentum in both domestic and global markets.
In comparison, industry peer KEC International had earlier announced order wins of ₹2,211 crore across similar sectors, highlighting intense competition in the infrastructure space.
Market Response
The announcement of the new orders led to a strong reaction in the stock market. KPIL shares surged nearly 4 percent during intraday trading, reaching a high of ₹1,244 before closing around ₹1,203, outperforming broader market indices.
Financial Overview and Strategic Outlook
- FY25 Financials: KPIL reported revenues of ₹2,221.6 crore, marking a 15 percent year-on-year growth. The company returned to profitability with a net profit of ₹21.6 crore, reversing losses from the previous fiscal year. Adjusted EBITDA stood at ₹664 crore with a margin of 29.9 percent.
- Global Footprint: KPIL has successfully executed projects in over 30 countries and maintains an active presence in more than 75 international markets.
Strategic Takeaways
- Diversified Portfolio: KPIL continues to balance its order book between domestic infrastructure and international energy projects.
- Robust Pipeline: The company’s FY26 order intake nearing ₹9,500 crore suggests strong revenue visibility and execution capability.
- Investor Confidence: The stock market’s positive response underlines investor faith in the company’s strategy and performance trajectory.
Conclusion
Kalpataru Projects International’s latest ₹2,293 crore order win reinforces its position as a major player in the EPC sector. With a healthy mix of projects across geographies and sectors, KPIL is well-poised to sustain its growth momentum throughout FY26 and beyond.
Also read, Kalpataru Ltd Achieves Rs 2727 Crore in Property Sales Ahead of IPO
