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Kalpataru Projects International Ltd

₹ 1,1491.08%
16 Jan – close price
🔗kalpatarupower.com•BSE: 522287•NSE: KPIL
Market Cap₹ 19,617 Cr.
Current Price₹ 1,149
High / Low₹ 1,336
Stock P/E23.8
Book Value₹ 442
Dividend Yield0.78 %
ROCE15.0 %
ROE10.3 %
Face Value₹ 2.00
Sales₹ 21,488 Cr.
OPM8.38 %
Mar Cap₹ 19,617 Cr.

ABOUT

Kalpataru Power Transmission Ltd is a global EPC player with diversified interest in power transmission and distribution, oil and gas pipeline, railways and biomass based power generation.[1]

KEY POINTS

Overview:[1]Established in 1981, Company is a global engineering and construction company with industry leading capabilities in energy and infrastructure projects. They have executed 250+ projects across 5 continents, has a global reach in 75 countries and has live projects in 30+ countries. 10,700+ employees worldwide with 40+ nationalities. Company has credit rating of AA/stable by CRISIL and India ratings.

Also present in buckets:
Aggressive Growth TriggersExcellent ResultsExcellent ResultsExcellent ResultsRevenue GuidanceOrder Book PositionLarge Order ReceiptsJv Partnerships AcquisitionsCredit Rating UpdatesRed Flags And Poor Performance

Peer Comparision

S.No.NameCurrent Price (Rs.)Price to EarningMarket Capitalization (Rs.Cr.)Dividend yield (%)Net Profit latest quarter (Rs.Cr.)YOY Quarterly profit growth (%)Sales latest quarter (Rs.Cr.)YOY Quarterly sales growth (%)Return on capital employed (%)Sales (Rs.Cr.)OPM (%)Profit after tax (Rs.Cr.)Profit after tax latest quarter (Rs.Cr.)Price to book valueReturn on assets (%)Debt to equity
1.Larsen & Toubro3856.4033.00530520.170.884678.0115.6367983.5310.4414.49270722.5112.6716074.883926.095.234.981.32
2.Rail Vikas335.1561.5469869.120.51230.52-19.735122.975.5214.7220026.004.701135.41230.297.316.400.52
3.NBCC103.7241.9327999.080.65156.6925.712910.2018.9933.1712751.715.04667.83153.5210.484.680.00
4.IRB Infra.Devl.41.5028.6525079.850.72140.8241.001751.0210.427.828024.6748.08875.41140.821.232.011.02
5.Kalpataru Proj.1149.1023.8419617.430.78199.9151.085418.7831.0114.9621488.398.38822.93199.912.603.080.50
6.KEC International681.3526.5818154.420.81160.7588.216091.5619.1317.9823335.947.26683.11160.753.212.750.94
7.Ircon Intl.162.4925.4515284.301.63136.51-32.681976.75-19.2311.609787.967.43600.65138.652.373.740.80
–Median: 117 Co.128.7617.77481.950.09.2123.05149.5710.7318.43506.5212.7830.769.162.096.850.44

Quarterly Results

Standalone figures in ₹ crores

Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025
Sales
3,2933,5094,3963,6223,8444,1475,1463,7224,1364,8266,2045,0405,419
Expenses
3,0173,2044,0853,3083,5353,8034,7483,4083,7884,4245,6814,6114,972
Operating Profit
276305311314309344399313348402523428447
Other Income
15976292527-2292619-102324
Profit before tax
145165220175160194210164184218331274272
Tax %
28%33%31%28%29%26%29%29%28%28%27%27%27%
Net Profit
104111152126113144150117132157242201200
EPS in Rs
6.987.459.367.766.958.869.237.188.159.2114.1511.7611.71

Profit & Loss

Standalone Figures in ₹ Crores / Yearly

Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025TTM
Sales
4,0224,3814,2654,8415,7417,1157,9047,67112,40714,33716,76018,88821,488
Expenses
3,6103,9283,7734,2385,0276,2696,9866,80111,44213,03915,23317,13219,688
Operating Profit
4134534916037158469198699661,2981,5261,7561,801
Other Income
47525449485182248162166786557
Interest
171167166172187187225171356430498550381
Depreciation
708584787786110115272295368375381
Profit before tax
2192532964034996246668315007397398961,095
Net Profit
146166192269322401463615350532533648800
EPS in Rs
9.5410.7912.5417.5320.9826.1529.9341.3223.5332.7532.8137.9446.83
Dividend Payout %
16%14%12%11%12%11%12%24%28%21%24%24%–

Compounded Sales Growth

10 Years:16%
5 Years:19%
3 Years:15%
TTM:25%

Compounded Profit Growth

10 Years:15%
5 Years:8%
3 Years:32%
TTM:46%

Stock Price CAGR

10 Years:19%
5 Years:28%
3 Years:29%
1 Year:-5%

Return on Equity

10 Years:11%
5 Years:10%
3 Years:10%
Last Year:10%

Balance Sheet

Standalone figures in ₹ crores

Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Sep 2025
Equity Capital
31313131313131303032323434
Reserves
1,9232,0402,1842,4482,7393,1213,5053,8334,9075,2875,7187,1517,507
Borrowings
7859715996957736471,3341,3092,7573,0123,3303,4613,754
Other Liabilities
1,8571,7522,4312,9313,7344,4534,7854,4867,4289,40610,90912,82012,557
Total Liabilities
4,5964,7945,2456,1057,2788,2529,6559,65815,12217,73819,98923,46623,852
Fixed Assets
5745545385215275716346741,3421,6971,6561,9122,070
Gross Block
928.09983.97599.31659.39739.42860.931,031.251,150.692,399.742,790.883,008.213,430.46–
Accumulated Depreciation
354.30430.4260.87138.38212.64290.27397.53476.201,057.411,094.071,352.361,518.04–
CWIP
1854317840142048322636
Investments
3843945187167856498648868928748591,1631,259
Other Assets
3,6213,8414,1854,8665,9497,0258,1178,08312,86715,11917,44220,36420,488
Total Assets
4,5964,7945,2456,1057,2788,2529,6559,65815,12217,73819,98923,46623,852

Cash Flows

Standalone Figures in ₹ Crores / Yearly

Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Cash from Operating Activity
843775632210352524319846559714837
Cash from Investing Activity
-97-43-170-213-186-172-477244126-443-469-774
Cash from Financing Activity
2420-555-3-49-292401-436263-223-176542
Net Cash Flow
121431106-132621676435-10768606

Ratios

Standalone Figures in ₹ Crores / Yearly

Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Debtor Days
140149190208209168162178121126117139
Inventory Days
10611687816777837859616365
Days Payable
245263303280265255239300241258265291
Cash Conversion Cycle
21-271011-96-44-61-71-85-86
Working Capital Days
446087547786748881525956
ROCE %
15%15%16%19%20%22%20%17%12%14%15%15%

Shareholding Pattern

Numbers in percentages

Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025
Promoters
51.52%47.23%41.07%41.06%40.59%40.59%35.24%35.24%33.52%33.52%33.52%33.57%
FIIs
5.52%6.92%8.16%8.50%7.69%8.17%10.06%10.71%12.68%11.60%11.83%11.97%
DIIs
37.04%37.76%42.41%42.70%43.81%43.64%45.61%45.93%45.60%45.02%44.81%44.10%
Public
5.90%8.08%8.34%7.73%7.92%7.60%9.09%8.14%8.19%9.85%9.84%10.34%

* The classifications might have changed from Sep'2022 onwards.ℹ️

BSE Announcements AI Summary

Direct from BSE filings, auto-summarised

Kalpataru Projects receives unsolicited ESG rating of 66.7 for FY25

31st March 2026, 11:58 pm

Kalpataru Projects to Appeal GST Order Demanding ₹57.59 Lakh Penalty

30th March 2026, 9:38 pm

Kalpataru Projects International Ltd. announces trading window closure from April 1, 2026, for financial results.

25th March 2026, 10:49 pm

Kalpataru Projects International Secures New Orders Worth ₹4,439 Crores

24th March 2026, 2:16 pm

Kalpataru Projects Announces Analyst/Investor Meet on March 25, 2026

19th March 2026, 12:59 am

Published by Other Websites

External media mentions & references

Nuvama Names 5 Indian Stocks With Up To 60% Upside

1st April 2026, 8:16 am

Emkay Global Retains BUY on Kalpataru Projects, Sets ₹1,450 Target

30th March 2026, 11:08 am

Kalpataru Projects Gets 'BUY' Call, ₹1,466 Target from Prabhudas Lilladher

30th March 2026, 10:36 am

Indian Stocks Tumble Amid Geopolitics; Brokerages See Up to 48% Upside in 10 Picks

28th March 2026, 6:37 am

Motilal Oswal Picks: 4 Stocks With Up to 45% Upside Potential

27th March 2026, 4:56 pm

News Articles

Editorial & research coverage

Gold Soars, Tech Stocks Tumble: Indian Markets Diverge
Gold Soars, Tech Stocks Tumble: Indian Markets Diverge

5th February 2026, 7:25 am

NSDL Share Unlock, Apollo Tyres Margins, IndiGo Probe Jolt Markets
NSDL Share Unlock, Apollo Tyres Margins, IndiGo Probe Jolt Markets

5th February 2026, 7:25 am

Kalpataru Profit Jumps 34%, But Consolidated Growth Trails; Stock Edges Up
Kalpataru Profit Jumps 34%, But Consolidated Growth Trails; Stock Edges Up

4th February 2026, 6:55 pm

Realty Stocks Tumble as Developers Miss FY26 Sales Targets
Realty Stocks Tumble as Developers Miss FY26 Sales Targets

12th January 2026, 8:35 pm

India's ₹2.4 Lakh Crore Transmission Race: 3 Stocks Poised for Growth
India's ₹2.4 Lakh Crore Transmission Race: 3 Stocks Poised for Growth

11th January 2026, 8:15 am

Documents

Announcements

Announcement under Regulation 30 (LODR)-Press Release / Media Release

8m - Sale of 100% stake in VEPL to Actis; enterprise value ~Rs.775 crore; agreement Oct 9, 2024.

Announcement under Regulation 30 (LODR)-Diversification / Disinvestment

7 Jan - Sale of 100% Vindhyachal Expressway stake to Actis; EV ~Rs.775 Cr; closing expected by 31 Jan 2026.

Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018

6 Jan - RTA confirms Regulation 74(5) compliance; dematerialisation confirmations for quarter ended 31-Dec-2025.

Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order

1 Jan - KPIL secured new orders worth ₹719 crore for elevated Thane metro rail, announced 01 Jan 2026.

Disclosure Under Regulation 30 Of SEBI (LODR) Regulations, 2015

30 Dec - GST order (30-Dec-2025) demands tax, interest and INR 1.51 crore penalty for FY2018-19–2022-23; company to appeal.

Annual Reports

Financial Year 2025

(from bse)

Financial Year 2024

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Financial Year 2023

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Financial Year 2022

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Financial Year 2021

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Financial Year 2020

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Financial Year 2019

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Financial Year 2018

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Financial Year 2017

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Financial Year 2016

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Financial Year 2015

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Financial Year 2014

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Financial Year 2013

(from bse)

Financial Year 2012

(from bse)

Financial Year 2011

(from nse)

Credit Ratings

Rating update

16 Oct 2025 from crisil

Rating update

8 Jul 2025 from fitch

Rating update

17 Jan 2025 from care

Rating update

16 Oct 2024 from crisil

Rating update

29 Aug 2024 from crisil

Rating update

24 Jul 2024 from crisil

Concalls

Oct 2025

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Stock Analysis

Description

Kalpataru Projects International Limited (KPIL) is a global EPC player engaged in energy and infrastructure projects.

Key Growth Triggers

By divesting non-core assets like VEPL, KPIL aims to enhance its focus on the core EPC business, positioning itself for accelerated growth.

Order Book

No order book information is provided in this specific announcement.

Key Red Flags

No red flags are mentioned in this news update.

Key Dates To Watch

No specific future dates for observation are provided in this announcement.

Corporate Announcements

31st Mar 26
Impact Rating: 8
Kalpataru Projects International Limited received an unsolicited ESG rating of 66.7 for FY2025 from SES ESG, based on publicly available information.
30th Mar 26
Impact Rating: 7
Kalpataru Projects International will challenge a GST order demanding ₹57.59 lakh (₹0.58 cr) for alleged irregular input tax credit. The company plans to appeal to the Appellate Authority, asserting the order overlooked its submitted evidence and stating the penalty has no significant financial impact.
25th Mar 26
Impact Rating: 4
Kalpataru Projects International Limited is closing its trading window for designated persons and relatives from April 1, 2026. This is in compliance with insider trading norms ahead of the financial results for the quarter and year ending March 31, 2026.
24th Mar 26
Impact Rating: 9
Kalpataru Projects International Limited (KPIL) has secured significant new orders valued at ₹4,439 crores for its power transmission and distribution business, contributing to exceeding its annual intake target.
18th Mar 26
Impact Rating: 3
Kalpataru Projects International Limited has scheduled an Analyst / Institutional Investor Meet in Mumbai on March 25, 2026, with no price-sensitive information to be shared.