The Shares of this small-cap Infrastructure Developer Company with a market cap of Rs 18,632.99 Crores are in focus today after securing new orders worth Rs 2,038 Crores. The shares, as of 11:30 am, are trading around Rs 1,085 apiece, 1.8% down from its previous close of Rs 1,106 per share.
New orders’ details
The management of Kalpataru Projects International Ltd announced today that the company along with its international subsidiaries has secured new orders worth Rs 2,038 Crores.
In a press release filing, the company informed that the new orders involve orders in the Transmission & Distribution (T&D) business in India and overseas markets and Building projects in India.
Management Commentary
Manish Mohnot, MD & CEO, KPIL, said, “We are pleased with the robust ordering in our T&D business, backed by our strong business capabilities and notable order wins. The continuous order inflows in the T&D business have not only strengthened our T&D order book but also improved our competitive position in key markets.”
He added, “With these new orders, our YTD order intake has reached ₹ 19,361 Crores, reflecting a significant uptick in business visibility. With a robust order book position, proven business capabilities, and a promising tender pipeline, we have a good visibility of growth in the coming quarters.”
Recent orders’ details
On 31st December 2024, KPIL announced that the company and its international subsidiaries had secured orders worth Rs 1,011 Crores. The orders included orders in the Transmission & Distribution (T&D) business in overseas markets, the Railway business in India, and the Buildings & Factories (B&F) business in India. As of Q2FY25, their total order book stands at Rs ₹60,631 Crore.
Q2 FY 2025 Performance
KPIL’s Revenue was up by 9% YoY, from Rs 4,518 Crores in Q2 FY24 to Rs 4,930 Crores in Q2 FY 25. Net profits were up by 40%, from Rs 90 Crores to 126 Crores over the same period. Their EBITDA was up by 18%, from Rs 371 Crore to Rs 438 Crore and their EBITDA margin increased to 8.9% from 8.2% YoY, over the same period.
Key initiatives
KPIL aims to Strengthen and accelerate core business – Improved position in HVDC T&D, metro rail, and airports EPC business. The company signed an agreement for divestment of Vindyachal Expressway Pvt. Ltd. (VEPL) for an enterprise value of ₹775 crores; the Deal is expected to close in FY26, subject to requisite approvals and closing adjustments.
About Kalpataru Projects International Ltd
KPIL is one of the largest specialized EPC companies with experience over 4 decades with employees over 10,000 worldwide, engaged in Power Transmission & Distribution, Buildings & Factories, Water Supply & Irrigation, Railways, Oil & Gas Pipelines, Urban Mobility (Flyovers & Metro Rail), Highways and Airports. KPIL is currently executing projects in over 30 countries and has a global footprint in 75 countries. It has maintained a leadership position in all its major businesses backed by strong organizational capabilities, superior technical know-how, and adherence to best-in-class sustainability standards. Currently, there are 250+ projects under execution.
Written by Adhvaitha Nayani
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