The shares of one of the largest specialized Engineering, procurement, and Construction (EPC) companies with a global presence jumped 5 percent in the day’s trade upon receiving a new work order worth Rs. 2,995 Crores.
Price Action
With a market capitalization of Rs. 22,218 Crores, the shares of Kalpataru Projects International Limited were trading at Rs. 1,368 per equity share, up 1.6 percent from its previous day’s close price of Rs. 1,346.15.
What Happened
Kalpataru Projects International Limited along with its Joint Ventures and international subsidiaries have secured new work orders for a consideration of Rs. 2,995 Crores, for its Transmission & Distribution (T&D) business in the overseas markets, for its Water segment Business, and for its Buildings & Factories Division in India.
About the Company
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, Highways and Airports, Railways, Oil & Gas Pipelines, and Urban Mobility (Flyovers & Metro Rail),.
It has a global presence across 73 countries with live projects in 30+ countries and as of March 2024, it has a strong order book of Rs. 58,415 Crores, out of which 45 percent are Domestic orders and 55 Percent are International Orders
Its total order book breakdown from different business segments consists of, Transmission and distribution 35 percent, buildings, and factories 19 percent, water 18 percent, Oil & gas 16 percent, Railways 7 Percent, and Urban Infra 5 percent.
Financials and Ratios
Its revenue from operations grew by 19.96 percent from Rs. 16.361 Crores in FY23 to Rs. 19,626 Crores in FY24, accompanied by profits of Rs. 435 Crores to Rs. 516 Crores.
In terms of Return ratios, it has reported a return on equity (ROE) of 10.14 percent, and a return on capital employed (ROCE) of 16 percent. It has reported a debt-to-equity ratio of 0.78.
Written by: Bharath K.S
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