Synopsis: A leading EPC company bags fresh orders worth ₹2,002 crore spanning three business verticals, including overseas power transmission markets in the Middle East and the Nordics.
India’s infrastructure and engineering sector continues to attract large-scale project awards, with domestic EPC players expanding their international footprint across power, construction, and transport segments. Global demand for grid infrastructure and metro rail development is driving a steady pipeline of orders for companies with diversified capabilities.
Shares of Kalpataru Projects International Limited, with a market capitalization of Rs. 21,902 crore, are trading at a price of Rs.1,286 i.e. 1.45% down from its previous closing price of Rs.1,305. It is trading at a P/E ratio of 21.62.
New Orders Across T&D, B&F, and Railways Verticals
Kalpataru Projects International Limited (KPIL) has secured new orders worth approximately ₹2,002 crore across three business verticals. The orders include Power Transmission and Distribution (T&D) contracts in overseas markets, Buildings and Factories (B&F) orders in India, and a Railways contract in India.
On the T&D front, the wins strengthen KPIL’s presence in high-growth international markets, specifically the Middle East and the Nordics. The B&F segment saw repeat orders from existing clients, while the Railways order adds to the company’s footprint in the metro rail segment.
“We are happy to win new orders across T&D, B&F, and Railways businesses. These wins deepen our presence in key international markets while also adding to our domestic portfolio. We remain confident in the growth outlook for all our businesses,” said Manish Mohnot, MD and CEO, KPIL.
These wins come on the back of a strong order inflow year. KPIL reported order inflows of over ₹26,000 crore in FY26, with roughly 50% coming from large-ticket orders above ₹1,000 crore each – reflecting a strategic shift towards high-value, large-scale projects. The company closed FY26 with a record order book of ₹65,457 crore.
Post year-end, KPIL had already secured new orders of ₹1,833 crore and reported an L1 position of approximately ₹3,200 crore, of which around ₹2,000 crore relates to an international solar project pending final signing.
On the financial front, KPIL posted consolidated revenue of ₹27,143 crore in FY26, up 22% year-on-year. Core EBITDA grew 22% to ₹2,240 crore, with margins improving 10 basis points to 8.3%. Profit after tax came in at ₹1,031 crore, up 82% over FY25. For Q4 FY26 specifically, revenue stood at ₹7,778 crore (+10% YoY), PAT at ₹431 crore (+98% YoY), and EPS at ₹25.42 per share. The T&D segment remained the largest revenue contributor at ₹12,501 crore for the full year (+25% YoY), followed by B&F at ₹6,958 crore (+19% YoY).
About the Company
Kalpataru Projects International Limited (KPIL) is one of India’s largest specialised EPC companies, operating across Power T&D, Buildings and Factories, Water Supply, Railways, Oil and Gas Pipelines, and Urban Mobility. The company is currently executing projects in over 30 countries and has a global footprint spanning 75 countries.
Disclaimer: The views and investment tips expressed by investment experts/broking houses/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Trade Brains Technologies Private Limited or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.
