Kalpataru Projects International

NSE: KPILBSE: 522287
Compare with peers
₹ 1,332.00▲ 7.1 (+0.54%)28 Oct, 03:29 pm IST
Market cap
₹ 22,232 Cr.
P/E
19.9x
P/B
2.86x
52-week range
1,007.1 – 1,490
ROE
14%
ROCE
18%
Dividend yield
0.8%
Debt / equity
0.46
Sector
Construction
Industry
Civil Construction
Listed on
NSE, BSE

About

Kalpataru Projects International Limited is a specialized engineering, procurement and construction (EPC) company. It is engaged in Power Transmission & Distribution, Buildings & Factories, Water Supply & Irrigation, Railways, Oil & Gas Pipelines, Urban Mobility (Flyovers & Metro Rail), Highways and Airports. It is executing projects in over 30 countries and has a global footprint in 73 countries. It is an EPC contractor in railway infrastructure space and caters to turnkey solutions for conventional rail lines and metro rail. It undertakes railway projects for overhead electrification, traction substations, track-laying, earthwork, bridges, buildings, stations, signaling and telecommunications and others. It undertakes EPC contracting for cross-country pipelines, terminals, process plants and gas gathering stations for oil and gas sector across territories throughout the globe. It provides end-to-end solutions ranging from in-house design, testing, procurement, fabrication and others.

Quick check

The five things to look at first. Open one for more.

Compared with its industry

Civil Construction: 182 companies →

Kalpataru Projects International against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.

  • Valuation (P/E)19.9 against a typical 14.4: pricier than most peers (1st = cheapest).116th of 181
  • Sales growth+3.8% against a typical +8.6% from a year earlier.86th of 147
  • Profit growth+45.8% against a typical 0% from a year earlier.36th of 130
  • Share price, 3 months+1.6% against a typical −13.6%.36th of 164
  • Size₹ 22,232.4 Cr. market value against a typical ₹ 148 Cr. (1st = largest).2nd of 156

Latest announcements

Exchange filings and their impact on the company.

  • 24 Oct 2026General UpdatesLow impactPositivePrice +0.3% on 26 Oct
    LMG IPO greenshoe largely exercised, KPIL keeps 66.45% control and banks ~Rs 400-500 cr proceeds.

    Kalpataru Projects said the greenshoe option in the IPO of its Swedish step-down subsidiary Linjemontage i Grastorp was exercised for 1,877,911 shares, with 268,832 unexercised shares returned to its arm KPTS. KPTS will now hold 34,042,919 shares or 66.45% of LMG, retaining majority control. The partial listing monetises about a third of LMG and should bring in cash to cut debt while LMG stays consolidated.

    Filing
  • 21 Oct 2026Bagging/Receiving of orders/contractsMedium impactPositivePrice −3.4% that day
    Won Rs 2,349 cr T&D and B&F orders, taking FY27 inflows past Rs 22,000 cr.

    Kalpataru Projects International won new EPC orders worth about Rs 2,349 crore for power transmission & distribution and buildings & factories projects in India. The company said its year-to-date order inflows for FY27 have now crossed Rs 22,000 crore. This strengthens revenue visibility for the next 2-3 years given FY26 revenue was Rs 27,143 crore.

    Filing
  • 13 Oct 2026Bagging/Receiving of orders/contractsMedium impactPositivePrice −0% that day
    KPIL won Rs 2,225 cr of T&D orders, taking FY27 YTD inflows to ~Rs 20,000 cr, up over 30% YoY.

    Kalpataru Projects International secured new orders worth Rs 2,225 crores, including about Rs 2,031 crores in Transmission & Distribution in India and overseas and about Rs 194 crores (SEK 200 million) won by Swedish subsidiary Linjemontage for a 130 kV substation for Ellevio over three years. Management said orders secured so far in FY27 total about Rs 20,000 crores, up over 30% year-on-year. The wins strengthen order-book visibility in T&D, driven by grid expansion and renewable integration, supporting revenue growth over the next 12 months.

    Filing

Credit ratings

Every rating action on file, newest first, including reaffirmations. Open a row for the agency's reasoning. All credit rating updates

High safety

Rated AA+ by 2 agencies
AA+
DefaultRiskyModerateSafeVery safe
  • All agencies agree and none has raised a warning.
AgencyCurrent ratingOutlookAs of
CRISILCrisil AA+Stable15 Oct 2026
India RatingsIND AA+Stable3 Jul 2026
Credit rating actions
RatingDetails
15 Oct 2026
▲ Upgrade1 notch
Crisil AA → Crisil AA+MediumCRISIL₹ 3,779 Cr.
3 Jul 2026
▲ Upgrade
IND AA+—India Ratings₹ 28,368.5 Cr.
16 Oct 2025
Reaffirmed
Crisil AA—CRISIL₹ 27,029 Cr.

Board meetings

Results dates and other board meetings. Full calendar

Details
11 Aug 2026Financial Results/Other business mattersTo consider and approve the financial results for the period ended Jun 30, 2026 and other business matters
14 May 2026Financial Results/Dividend/Other business mattersTo consider and approve the financial results for the period ended March 31, 2026, dividend and other business matters
4 Feb 2026Financial Results/Other business mattersTo consider and approve the financial results for the period ended December 31, 2025 and other business matters
31 Oct 2025Financial Results/Other business mattersTo consider and approve the financial results for the period ended September 30, 2025 and other business matters
7 Aug 2025Financial Results/Other business mattersTo consider and approve the financial results for the period ended Jun 30, 2025 and other business matters
16 May 2025Financial Results/Dividend/Other business mattersTo consider and approve the financial results for the period ended March 31, 2025, dividend and other business matters

Share price

1Y change +7.94%
0 of 3 filing days came with a big price move
Volume (shares)Price (₹)
Close price

Financials

Consolidated figures in ₹ crore.

Quarterly results
₹ Cr.Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales4,5184,8965,9714,5874,9305,7327,0676,1716,5296,6657,7786,408
Expenses4,1484,4725,5194,2084,4925,2536,5295,6465,9676,1527,1385,846
Operating Profit371424452379438479538525561513640562
OPM %8%9%8%8%9%8%8%9%9%8%8%9%
Other Income121420221710131623−110377
Interest13712414214415016411812213713710582
Depreciation113121119119117123138129126128127137
Profit before tax132193211137188202296290322247511420
Tax %32%25%20%39%33%31%26%26%26%40%16%26%
Net Profit9014416984126140218214237149431312
EPS in Rs5.478.6810.125.717.738.3113.212.5114.068.9125.4318.16

Growth and returns

Compounded yearly rates over each period.

Compounded Sales Growth
10 Years
14%
5 Years
16%
3 Years
18%
TTM
15%
Compounded Profit Growth
10 Years
24%
5 Years
13%
3 Years
36%
TTM
57%
Stock Price CAGR
10 Years
18%
5 Years
28%
3 Years
30%
TTM
—
Return on Equity
10 Years
11%
5 Years
11%
3 Years
12%
TTM
—

Shareholding

Latest: Jun 2026.

Promoters
33.58%
+0.06 pts in a year
FIIs
10.77%
−1.06 pts in a year
DIIs
44.84%
+0.03 pts in a year
Government
0%
−0.01 pts in a year
Public
10.81%
+0.97 pts in a year

P/E and EPS over time

Daily P/E and trailing 12-month EPS. EPS updates with each result.

P/E 19.9xEPS (12 months) ₹ 65.08Median P/E 20.8x
P/E (times)EPS (₹)

Peers

Listed companies in the same business.

Peer comparison
Kalpataru Projects International₹ 1,332.00₹ 22,232 Cr.19.9x2.9x14%—
DLF₹ 653.55₹ 1,61,774 Cr.39x3.6x10%32%
Lodha Developers₹ 963.00₹ 1,01,441 Cr.33.7x5.1x15.8%20.6%
Indus Towers₹ 380.00₹ 1,00,250 Cr.14.9x2.7x19.8%22%
Oberoi Realty₹ 1,587.20₹ 57,846 Cr.27.3x3.8x—41.6%
Godrej Properties₹ 1,497.90₹ 45,121 Cr.166x3.3x10.2%35.9%

Management

Manish Dashrathmal Mohnot
Chief Executive Officer, Managing Director, Executive Director
Ram Patodia
Chief Financial Officer
Deepak Sharma
President, Group Procurement & Supply Chain Management
M. A. Baraiya
Chief Human Resources Officer
Saugata Basu
Chief Digital and Information Officer
Shweta Girotra
Compliance Officer, Company Secretary
Shailendra Kumar Tripathi
Deputy Managing Director, Director
Ramesh Bhootra
Head of BD International (BD, Tower Sales and Subsidiaries)

Prices are delayed and for information only. Nothing on this page is investment advice.