The shares of one of the largest specialized Engineering, procurement, and Construction (EPC) companies in India jumped 10 percent in the day’s trade after it received new work orders worth R. 3,244 Crores.
At 12:20 p.m the shares of Kalpataru International Projects Limited were trading at Rs. 717.50, up 9.11 percent from its previous day’s close price of Rs. 657.60 and its market capitalization is Rs. 11,664 Crores.
Kalpataru Projects International Limited has received new orders worth Rs. 3,244 Crores, these orders are for its multiple businesses i.e.,
For its Buildings and factories business is the largest ever design & build contract for the construction of a large-size residential buildings project in South India with a buildup area of approx. 13 million square feet.
The second one is for the design & construction of an underground metro rail project and an Order in the Transmission and distribution (T&D) business from overseas markets.
Kalpataru Projects International Limited has a global presence in 73 countries with live projects in 30+ countries. Its international order book consists of Rs. 18,920 Crores and its total order book consists of Rs. 47,040 Crores.
Its total order book breakdown from different business segments is as follows, Transmission and distribution 37 percent, buildings, and factories 21 percent, water 24 percent, Railways 9 percent, Urban Infra 6 percent, and Oil & gas 3 percent.
Its consolidated revenue breakdown from different business segments for FY23 is as follows, 38 percent of its revenue comes from Transmission and distribution, 26 percent from buildings and factories, 17 percent from Water, 10 percent from Railways, 6 percent from Oil & gas and the rest 3 percent from Urban Infra.
The company’s revenue from operations grew 10.72 percent from Rs. 14,777.38 Crores in FY22 to Rs. 16,361.44 Crores in FY23, accompanied by profits of Rs. 540.3 Crores to Rs. 440.75 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.
Written by: Bharath K.S
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