The shares of one of the largest specialized Engineering, procurement, and Construction (EPC) companies with a global presence jumped 5 percent in the day upon securing work orders worth Rs. 2,445 Crores.
With a market capitalization of Rs. 16,848 Crores, the shares of Kalpataru Projects International Limited were trading at Rs. 1,037.10, up 4.83 percent from its previous day’s close price of Rs. 989.30.
Kalpataru Projects International Limited along with its Joint Ventures and international subsidiaries have secured new work orders worth Rs. 2,445 Crores.
Out of the said orders the company’s Transmission & Distribution (T&D) business has received orders worth Rs. 2,366 Crores in India and Overseas markets and its Buildings and Factories (B&F) business received orders worth Rs. 79 Crores.
Kalpataru Projects International Limited is one of the largest specialized Engineering, procurement and Construction (EPC) companies engaged in Power Transmission & Distribution, Buildings & Factories, Water Supply & Irrigation, Railways, Oil & Gas Pipelines, Urban Mobility (Flyovers & Metro Rail), Highways and Airports.
Kalpataru Projects International Limited has a global presence in 73 countries with live projects in 30+ countries. As of December 2023, it has a strong order book of Rs. 51,753 Crores, out of which 61 percent are Domestic orders and 39 Percent are International Orders
Its total order book breakdown from different business segments is as follows, Transmission and distribution 37 percent, buildings, and factories 24 percent, water 22 percent, Railways 7 percent, Urban Infra 7 percent, and Oil & gas 3 percent.
Its revenue from operations grew by 22.27 percent from Rs. 4,004 Crores in Q3FY23 to Rs. 4,896 Crores in Q3FY24, accompanied by increasing profits of Rs. 109 Crores to Rs. 144 Crores.
Written by: Bharath K.S
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