Rs 61,429 Crore Order Book: Engineering & Construction Company Bags New Orders Worth Rs 2,366 Crores

With a PE ratio of 33.9, the company trades at a discounted valuation compared to the industry's PE of 39.7. The company has ROCE of 16 per cent and ROE of 10.4 per cent.

Kalpataru Projects International Limited (KPIL) has announced the acquisition of new orders worth approximately Rs 2,366 crores. These orders span the Transmission and Distribution (T&D) business both in India and international markets, as well as the Buildings and Factories (B&F) business within India.

Manish Mohnot, MD & CEO of KPIL, expressed enthusiasm over the prestigious order wins in the HVDC segment, emphasising the company's growing order book driven by increasing power demand and renewable energy expansion. The B&F business order is a repeat from an existing client, highlighting KPIL's strong track record in timely delivery and construction capabilities. With these new orders, KPIL's order intake for FY25 has reached approximately Rs 24,850 crores, providing a solid foundation for future growth and execution.

Kalpataru Power Transmission Ltd, a global EPC player, operates across diverse sectors including power transmission and distribution, oil and gas pipelines, railways, and biomass-based power generation. The company’s EPC segment, which constitutes 97 per cent of its business, has shown significant growth, particularly in Transmission & Distribution (T&D) and Buildings & Factories (B&F). T&D projects account for 44 per cent of the segment, with extensive experience in transmission line projects and tower manufacturing. The B&F segment, contributing 28 per cent, focuses on constructing residential, commercial, and industrial facilities. The company has executed over 36,000 km of transmission contracts and commissioned more than 10,000 km of oil and gas pipelines. Kalpataru is executing 250 projects across 30+ countries. The company aims for over 20 per cent revenue growth in FY25, supported by strategic divestments and a recent Rs 1,000 crore fundraise through a QIP.

As of March 25, 2025, the stock price of Kalpataru Projects International Limited is Rs 1,005.95. The 52-Week High is Rs 1,405.9, and the 52-Week Low is Rs 840.75. Kalpataru Projects International Limited has a market capitalisation of Rs 16,727 crore, a 1-year return of -8.02 per cent, and a 3-year return of 157.66 per cent.
Order Book: The company’s order book stands at Rs 60,631 crore as of September 30, 2024, an increase of 29 per cent YoY with 55 per cent with domestic orders and 45 per cent international orders.

In December 2024, FIIs increased their stake to 12.68 per cent compared to 10.71 per cent in September 2024 while DIIs decreased their stake to 45.60 per cent in December 2024 compared to September 2024.

In the Quarterly Results of December 2024, the company reported a revenue of Rs 5,732.48 crore, reflecting a YoY growth of 17.08 per cent compared to Rs 4,896.00 crore in December 2023. The operating profit stood at Rs 479.21 crore, marking a 13.02 per cent increase from Rs 424.00 crore in the same quarter last year. The profit after tax (PAT) grew by 0.68 per cent to Rs 141.96 crore from Rs 141.00 crore in December 2023.

In FY24, the company posted a revenue of Rs 19,626.43 crore, registering a 19.96 per cent growth compared to Rs 16,361.44 crore in FY23. The net profit for the year stood at Rs 509.61 crore, up 15.62 per cent from Rs 440.75 crore in the previous financial year.

With a PE ratio of 33.9, the company trades at a discounted valuation compared to the industry's PE of 39.7. The company has ROCE of 16 per cent and ROE of 10.4 per cent.

Investors must keep this Mid-Cap stock on their radar.

Disclaimer: The article is for informational purposes only and not investment advice.