The shares of this leading engineering and construction company surged approximately 4 percent after the company announced that it had secured an order worth Rs 2,372 crores. In this article, we will discuss about the order.
With a market capitalization of Rs 18,017 crores, the shares of Kalpataru Projects International Ltd are currently trading at Rs 1,055 per share, down by 27.2 percent from its 52-week high of Rs 1,449 per share. In the last one year, the stock has delivered a negative return of 10.42 percent.
About the order
Kalpataru Projects International announced that the company, along with its international subsidiaries, has secured an order worth approximately Rs 2,372 crores. The firm has obtained fresh orders in the Power Transmission & Distribution (T&D) segment for both domestic and foreign markets and in the Buildings and Factories (B&F) segment in India.
Adding to this, Manish Mohnot, MD & CEO, KPIL, said, “We have started FY2026 maintaining positive momentum, with noteworthy order wins in our T&D and B&F business. The orders wins in the T&D business helps us to improve our market position in the fast growing EPC markets of India, Nordics and Middle East.
Further, the orders in the B&F business are repetitive orders from large reputed developers, awarded to KPIL on back of its strong track record for timely delivery and quality. We remain highly optimistic on growth prospects of the power transmission and civil business on back of robust business visibility and established execution capabilities.”
Kalpataru Projects International Limited provides EPC services in power transmission, water, buildings, railways, oil & gas, and urban infrastructure in India and overseas. It undertakes projects such as substations, water pipelines, metro stations, and highways. The company also completes oil & gas pipelines, maintains agri-storage infrastructure, and operates biomass power plants.
The company reported a revenue of Rs 5,732 crores in Q3 FY25, up by 17 percent from its Q3 FY24 revenue of Rs 4,896 crores. Additionally, its net profit declined by 2.7 percent to Rs 140 crores in Q3 FY25 from Rs 144 crores in Q3 FY24. However, on a quarterly basis it increased by 11 percent from Rs 126 crores.
The company delivered an ROE and ROCE of 10.37 percent and 16 percent respectively, and is currently trading at a P/E of 35.06x as compared to its industry average of 38.54x.
Written by Satyajeet Mukherjee
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