Kalpataru Projects International wins orders worth ₹2,957 crore

1 min read     Updated on 01 Jul 2026, 05:31 AM
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Ashish TScanX News Team
AI Summary

Kalpataru Projects International and its subsidiaries secured new orders worth ₹2,957 crore across T&D, B&F, and Water verticals. The Water business order marks a strategic entry into the Middle East via a joint venture. Management remains confident of achieving FY26–27 growth targets driven by a diversified order book.

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Kalpataru Projects International and its international subsidiaries have secured new orders and notifications of awards worth approximately ₹2,957 crore. The orders span the Power Transmission & Distribution (T&D) business in India and overseas markets, the Buildings and Factories (B&F) business in India, and the Water business in the Middle East. The Water business order was secured through a joint venture or consortium, marking the company's strategic entry into the Middle East region.

Manish Mohnot, MD & CEO, KPIL, stated that the new order wins reinforce the company's market leadership in India and select global markets. He highlighted that successive wins in the B&F business from marquee clients underscore the company's commitment to best-in-class capabilities and timely execution. The management remains confident in achieving growth targets for FY26–27, driven by a strongly diversified order book and robust visibility across businesses.

Order Book Details

The following table outlines the business verticals and regions for the newly secured orders:

Business Vertical Region
Power Transmission & Distribution (T&D) India and overseas market
Buildings and Factories (B&F) India
Water Middle East (Joint Venture/Consortium)

Company Overview

Kalpataru Projects International Limited is a diversified Engineering, Procurement and Construction (EPC) company. For the year ended March 31, 2026, the company reported a consolidated revenue of ₹27,143 crore, a net profit of ₹1,031 crore, and an order book of ₹65,457 crore. The company's operations span power transmission & distribution, buildings & factories, water supply & treatment, railways, oil & gas infrastructure, urban mobility, highways, and airports. KPIL currently executes projects in over 25 countries and has a footprint in more than 75 countries across Asia, Africa, the Middle East, the Americas, and Europe.

Historical Stock Returns for Kalpataru Projects International

1 Day5 Days1 Month6 Months1 Year5 Years
-1.05%-5.83%+3.89%+16.59%+10.47%+218.39%

How will the strategic entry into the Middle East water sector impact the company's revenue mix and geographical diversification in the coming years?

What are the specific margin profiles expected for the new Water and Buildings & Factories orders compared to the traditional Power T&D business?

Does the management anticipate any supply chain or execution challenges in the Middle East water project given the joint venture structure?

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Kalpataru Projects completes sale of remaining 26% KMTL stake

0 min read     Updated on 26 Jun 2026, 06:11 AM
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AI Summary

Kalpataru Projects International has completed the sale of its remaining 26% equity stake in Kohima-Mariani Transmission Limited to Apraava Energy Private Limited. The transaction, finalized on June 24, 2026, follows the prior sale of 48% and results in the full divestment of the company's holding in KMTL.

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Kalpataru Projects International has completed the sale of its remaining 26% equity stake in Kohima-Mariani Transmission Limited (KMTL) to Apraava Energy Private Limited. The transaction was finalized on June 24, 2026, following the receipt of requisite regulatory and other approvals. This divestment marks the transfer of the company's entire equity shareholding in KMTL to Apraava. The intimation regarding the completion of these formalities was received on June 25, 2026.

The company had previously sold approximately 48% of its stake in KMTL to Apraava. The balance 26% was contingent upon obtaining necessary approvals and ensuring consistency with the transmission service agreement.

Transaction Details

The key details of the completed transaction are outlined below:

Particulars Details
Target Company: Kohima-Mariani Transmission Limited (KMTL)
Buyer: Apraava Energy Private Limited
Stake Sold: ~26%
Transaction Date: June 24, 2026
Total Divestment: 100% of equity shareholding

The disclosure was made under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. Shweta Girotra, Company Secretary, confirmed the completion of the necessary formalities.

Historical Stock Returns for Kalpataru Projects International

1 Day5 Days1 Month6 Months1 Year5 Years
-1.05%-5.83%+3.89%+16.59%+10.47%+218.39%

How will Kalpataru Projects International utilize the capital raised from this complete divestment?

Does this exit signal a strategic shift in Kalpataru's approach to maintaining assets in the transmission sector?

What are Apraava Energy's integration plans for KMTL following the acquisition of 100% ownership?

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