The shares of one of the leading Infrastructure companies in India specializing in providing comprehensive solutions across the power, transportation, and urban infrastructure sectors, and more jumped upto 6 percent upon receiving orders worth Rs. 2,366 Crores in (T&D) and (B&F) sector in India.
Price action
With a market capitalization of Rs. 17,185.70 crores on Tuesday, the shares of Kalpataru Projects International Limited jumped upto 5.4 percent making a High of Rs.1032.60 per share compared to its previous closing price of Rs. 979.50 per share.
What Happened
Kalpataru Projects International Limited (KPIL) is engaged in providing comprehensive solutions across the power, transportation, and urban infrastructure sectors, and more has secured new orders worth approximately Rs. 2,366 crores, including projects in the Transmission and Distribution (T&D) sector both in India and abroad, as well as an order in the Buildings and Factories (B&F) sector in India.
Management Commentary
Manish Mohnot, MD & CEO, KPIL, stated: ‘We are particularly enthused with the prestigious orders wins in the HVDC segment for our T&D business in India. Our T&D order book continues to grow on the back of rising power demand, the rapid expansion of renewable energy, and the focus on the improvement of T&D infrastructure. We continue to focus on strengthening KPIL’s market position and improving our capabilities in the T&D business globally.
The order in the B&F business is a repetitive order from an existing client, demonstrating our impeccable track record of timely delivery and strong capabilities in the B&F construction space. With these new orders, our order intake to date in FY25 has reached ~ Rs. 24,850 Crores, providing good visibility for improved execution and growth going forward.
About the company
KPIL is one of the largest specialized EPC companies engaged in Power Transmission & Distribution, Buildings & Factories, Water Supply & Irrigation, Railways, Oil & Gas Pipelines, Urban Mobility (Flyovers & Metro Rail), Highways, and Airports. KPIL 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.
Orderbook Segment
As of December 31, 2024, the company’s total order book stands at Rs. 61,429 crores, with the following breakdown: T&D at 38 percent (Rs. 23,059 crores), B&F at 22 percent (Rs. 13,305 crores), Water at 16 percent (Rs. 10,000 crores), Oil & Gas at 13 percent (Rs. 8,040 crores), Railways at 6 percent (Rs. 3,713 crores), and Urban Infra at 5 percent (Rs. 3,312 crores).
Financials
The company’s revenue rose by 16.96 percent from Rs. 4,910 crore to Rs. 5,742.76 crore in Q3FY24-25. Meanwhile, Net profit rose from Rs. 141 crore to Rs. 141.96 crore during the same period.
Written by Sridhar J
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