Kalpataru Projects International Limited (KPIL), a leading EPC player in the power transmission and distribution (T&D) and civil infrastructure sector, has announced securing new orders worth approximately ₹2,332 crores. This development marks a significant milestone in the company's growth trajectory.

Order Details

The new orders, secured by KPIL and its international subsidiaries, span across two key business segments:

1. Power Transmission & Distribution (T&D) projects in overseas markets
2. Buildings and Factories (B&F) business in India

Financial Impact and Growth

Manish Mohnot, MD & CEO of KPIL, expressed satisfaction with the company's strong ordering momentum. He highlighted that the cumulative order inflows are approaching ₹15,000 crores, representing a robust year-on-year growth of approximately 25%.

Strategic Implications

The recent order wins carry significant strategic importance for KPIL:

1. T&D Business: The new orders have reinforced KPIL's leadership position in the international T&D market and further strengthened its T&D order book.
2. B&F Business: The orders in the Buildings and Factories segment underscore KPIL's growing capabilities and expanding presence in India's civil construction market.

Company Overview

Kalpataru Projects International Limited is a diversified EPC company with a global footprint. Key facts about KPIL include:

• Specialization in Power Transmission & Distribution, Buildings & Factories, Water Supply & Irrigation, Railways, Oil & Gas Pipelines, Urban Mobility, Highways, and Airports
• Currently executing projects in over 30 countries
• Global presence spanning 75 countries

Future Outlook

With these new orders, KPIL has bolstered its order book, providing improved visibility for growth in the coming quarters. The company's management expressed confidence in its robust order book position, proven track record, and promising tender pipeline.

Financial Data

This latest development underscores KPIL's strong market position and its ability to secure significant projects across various sectors and geographies. As the company continues to expand its order book, it remains well-positioned to capitalize on opportunities in both domestic and international markets.

Kalpataru Projects International Limited (KPIL) has reported changes in pledged shares by its significant shareholder, K C Holdings Private Limited, according to recent corporate filings. K C Holdings has created a new pledge on 25,55,555 shares while simultaneously releasing 13,11,111 shares from an existing pledge.

Pledge Creation Details

The newly created pledge, involving 25,55,555 shares, is associated with a Rs. 125.00 crore facility availed by Abacus Real Estate Private Limited from Tata Capital Limited. This move indicates ongoing financial arrangements within the group's ecosystem.

Pledge Release Information

Concurrently, K C Holdings has released 13,11,111 shares from pledge. This release is linked to the full repayment of two separate facilities:

1. A Rs. 65.00 crore facility availed by Abacus Real Estate Private Limited
2. A Rs. 50.00 crore facility availed by Ardour Properties Private Limited

Both these facilities were from Tata Capital Limited and have been fully repaid, leading to the release of the pledged shares.

K C Holdings' Stake in KPIL

K C Holdings maintains a substantial stake in Kalpataru Projects International Limited:

Purpose of Borrowing

The borrowed amounts are reportedly being utilized for general corporate purposes. This includes refinancing existing facilities and extending inter-corporate deposits to group companies, suggesting a strategic reallocation of financial resources within the group.

Impact on KPIL

While these pledge adjustments reflect the financial maneuvering of K C Holdings, they do not directly impact the operations of Kalpataru Projects International Limited. However, they do provide insights into the financial strategies of one of KPIL's major shareholders.

Investors and market watchers may want to monitor any further changes in pledged shares, as they can sometimes indicate the financial health and strategies of major stakeholders.

Recent Financial Performance of KPIL

According to recent credit rating information, Kalpataru Projects International Limited has shown strong financial performance:

• Operating income improved by 13% year-on-year to Rs 19,004.00 crore.
• The company maintains a robust order book of Rs 65,475.00 crore, providing medium-term revenue visibility.
• KPIL's financial risk profile remains healthy, with improved debt metrics and strong liquidity position.

These financial indicators suggest that KPIL continues to maintain a strong market position in its core business segments, which may provide comfort to stakeholders regarding the company's overall financial stability.