The shares of one of the largest specialized Engineering, procurement, and Construction (EPC) companies with a global presence jumped up to 3 percent in the day’s trade upon receiving a work order worth Rs. 2,071 Crores in India and Overseas.
With a market capitalization of Rs. 17,528 Crores, the shares of Kalpataru Projects International Limited were trading at Rs. 1,079, up 1.37 percent from its previous day’s close price of Rs. 1,0634.40.
Kalpataru Projects International Limited along with its Joint Ventures and international subsidiaries have secured new orders worth Rs. 2,071 Crores for the Transmission & Distribution business in overseas markets and the design & construction of an underground metro rail project in India.
Kalpataru Projects International Limited’s order intake including LOA and LOI in the current financial year stands at a record high of ~Rs. 30,000 Crores including some large and strategic order wins in T&D, B&F, Oil & Gas, and the Urban Infra business.
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 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 consists of, 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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