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KPIL Bags New Orders Worth ₹2,038 Crore

Written by: Nikitha DeviUpdated on: Jan 24, 2025, 10:39 AM IST
Kalpataru Projects International secures new orders worth ₹2,038 crore across T&D sectors in India and abroad, along with a building project in India.
KPIL Bags New Orders Worth ₹2,038 Crore
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Kalpataru Projects International Limited (KPIL) has informed the stock exchanges that the company, along with its international subsidiaries, has secured new orders.

Order Details

These new orders and notifications of awards are worth ₹2,038 crores. The company stated that these are spread across the Transmission & Distribution (T&D) sector in both Indian and international markets, as well as a building project within India.

Commenting on the order win, the Managing Director & CEO, Manish Mohnot, stated, “We are pleased with the robust ordering in our T&D business, backed by our strong business capabilities and notable order wins. The continuous order inflows in the T&D business have not only strengthened our T&D order book but also improved our competitive position in key markets. With these new orders, our YTD order intake has reached ₹19,361 crore, reflecting a significant uptick in business visibility. With a robust order book position, proven business capabilities and a promising tender pipeline, we have a good visibility of growth in the coming quarters.”

H1 FY 2025 Financial Highlights

In its half-yearly performance for H1 FY25, KPIL reported a 9% year-on-year (YoY) increase in revenue, totalling ₹9,517 crore. The EBITDA for the period stood at ₹817 crore, reflecting an 8% YoY increase, with an EBITDA margin of 8.6%. The Profit Before Tax (PBT) for H1 FY25 was ₹325 crore, also up by 9% YoY, while Profit After Tax (PAT) grew by 3% YoY, reaching ₹210 crore. As of September 30, 2024, the company’s net debt stood at ₹3,668 crore.

About Kalpataru Projects International Limited

KPIL is a leading specialised EPC company involved in various sectors, including Power Transmission & Distribution, Buildings & Factories, Water Supply & Irrigation, Railways, Oil & Gas Pipelines, Urban Mobility (Flyovers & Metro Rail), Highways, and Airports. The company is executing projects across more than 30 countries and has a presence in 75 countries worldwide. KPIL has established a dominant position in all its key business areas, supported by robust organisational capabilities, advanced technical expertise, and a commitment to top-tier sustainability standards.

On January 24, 2025, KPIL share price opened at ₹1,124.95, touching the day’s low at ₹1,087.10, as of 10:29 AM on the NSE.

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Published on: Jan 24, 2025, 10:39 AM IST

Nikitha Devi

Nikitha is a content creator with 6+ years of experience in the financial domain. Specialising in personal finance, investments, and market insights, Nikitha simplifies complex financial topics, making them accessible to readers.

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