Kalpataru Projects Secures Rs 2,471 Crore Orders in 2026

Introduction to New Contracts

Kalpataru Projects International Limited (KPIL), a leading Engineering, Procurement, and Construction (EPC) company, has announced the acquisition of new orders worth Rs 2,471 crore. The company, along with its subsidiaries, secured these contracts across several of its core business verticals, signaling continued growth and a strong market position. This development reinforces the company's robust order book and provides enhanced revenue visibility for the upcoming financial periods.

Breakdown of the Latest Orders

The recent order win is diversified across high-growth sectors. A significant portion includes an underground metro rail project in India, secured through a joint venture, which marks a strategic expansion of KPIL's footprint in the urban infrastructure segment. The company also received new orders for its Power Transmission and Distribution (T&D) business, both within India and in international markets. Additionally, the Buildings and Factories (B&F) division secured new projects in the domestic market, further solidifying its presence in the commercial and residential construction space.

Management Commentary

Manish Mohnot, MD & CEO of KPIL, commented on the new wins, stating, "We are pleased with the new order wins, reinforcing our confidence in the robust outlook for the infrastructure and construction business." He emphasized that these contracts have strengthened the company's order book and highlight the buoyancy in the T&D, Urban Infra, and B&F business segments. Mohnot added, "The order for the underground metro rail project has strengthened our presence in the growing urban transportation business. The orders in the T&D and B&F business helps us to further improve growth visibility for these businesses going forward."

A Pattern of Consistent Order Wins

This announcement is part of a consistent trend of strong order inflows for KPIL throughout the financial year. The company has regularly updated the market with significant contract wins, reflecting a healthy project pipeline and strong execution capabilities. These orders demonstrate the company's ability to secure large-scale projects across its diversified portfolio.

Financial Performance and Market Outlook

KPIL's operational success is mirrored in its strong financial performance. For the second quarter of fiscal year 2026 (Q2FY26), the company reported a 32% year-on-year (YoY) growth in consolidated revenue, reaching Rs 6,529 crore. Profitability saw a substantial jump, with Profit After Tax (PAT) growing by 89% YoY to Rs 237 crore. The company's EBITDA margin stood at 8.6%. This performance is attributed to robust execution and a healthy order backlog. With the latest additions, KPIL's order intake for the current financial year has reached approximately Rs 22,000 crore. This, combined with a strong pipeline and L1 positions, gives management confidence in achieving its targets for FY26.

Company Profile and Global Reach

Kalpataru Projects International is one of India's largest specialized EPC companies with a diversified portfolio that includes power transmission and distribution, buildings and factories, water supply and irrigation, railways, oil and gas pipelines, urban mobility, highways, and airports. The company has a significant international presence, currently executing projects in over 30 countries and maintaining a global footprint across 75 nations. This wide geographical reach and diversified business model help mitigate risks and capitalize on global infrastructure opportunities.

Conclusion

The recent order win of Rs 2,471 crore further cements KPIL's leadership position in the EPC sector. The consistent flow of new contracts, particularly in high-demand areas like urban infrastructure and T&D, underscores the company's strategic focus and operational excellence. Supported by a strong financial base and a growing order book, Kalpataru Projects International is well-positioned to capitalize on the ongoing infrastructure development push both in India and globally.