Kalpataru Projects International Limited is a global EPC company engaged in diverse sectors like power transmission, buildings & factories, and oil & gas pipelines.

In Q2 FY '26, KPIL achieved its highest-ever quarterly revenue and profitability, marking a notable 32% growth in consolidated revenue year-over-year.

The company secured sizeable orders amounting to ₹ 14,951 crores within the year, predominantly in Transmission & Distribution and Buildings & Factories, reinforcing its robust market presence.

KPIL's strategic expansions in the Middle East and other international markets have bolstered its order book, positioning it favorably for multiyear growth prospects.

Despite extraordinary expansion and performance, KPIL faces challenges due to delayed payments in water projects from states like UP and Jharkhand, affecting working capital.