Kalpataru Projects International Limited (KPIL), a prominent player in the infrastructure and construction sector, has announced an ambitious revision to its revenue growth forecast for the fiscal year 2026 (FY26). The company has raised its growth target from the previously stated 20% to an impressive 25%, signaling confidence in its future performance and market opportunities.

Revised Growth Targets

KPIL's updated guidance reflects a strong outlook for the company's operations and market position. Here's a breakdown of the key points:

The substantial increase in the revenue growth target suggests that KPIL anticipates robust demand for its services and successful execution of its ongoing and future projects.

Order Inflow Ambitions

In addition to the revised revenue growth forecast, KPIL has set an ambitious target for its order inflow. The company aims to secure orders worth ₹25,000.00 crore by the end of the year. This target underscores KPIL's aggressive growth strategy and its confidence in winning significant contracts across its various business segments.

Market Implications

The upward revision in growth targets could be seen as a positive signal for both the company and the broader infrastructure sector. It may indicate:

1. Improving market conditions in the infrastructure and construction industry
2. KPIL's strong positioning to capitalize on upcoming projects
3. Potential expansion of the company's project pipeline

Investor Communication

As part of its commitment to transparency and investor relations, KPIL recently held an earnings conference call to discuss its unaudited financial results for the quarter and half-year ended September 30, 2025. The company has made the audio recording of this call available on its website, allowing investors and analysts to gain deeper insights into its performance and future outlook.

Conclusion

Kalpataru Projects International's decision to raise its FY26 revenue growth target to 25% reflects a bullish outlook on its future performance. With an ambitious order inflow target of ₹25,000.00 crore, the company appears poised for significant expansion. Investors and market watchers will likely keep a close eye on KPIL's progress towards these targets in the coming quarters, as they could serve as indicators of both the company's success and the overall health of the infrastructure sector in India.

Kalpataru Projects International Limited (KPIL), a leading infrastructure EPC company, has announced key board decisions and robust financial results for the second quarter.

Board Approves Extension of Bank Guarantees

The Board of Directors has extended the validity period for providing Counter Bank Guarantees not exceeding USD 10 Million to lenders of its subsidiary, Kalpataru IBN Omairah Company Limited (KIOCL). The guarantees, which are in favor of lenders including Saudi British Bank, will now be valid until September 30, 2027. This extension aims to support KIOCL's ongoing operations and client commitments.

New Senior Management Appointment

KPIL has appointed Mr. Sriram Pechiappan as President - Group Assurance and designated him as Senior Management Personnel, effective October 31, 2025. Mr. Pechiappan brings over 27 years of experience in Finance and Internal Audit, having previously worked with organizations like Reliance Industries Limited and Asian Paints Limited.

Q2 Financial Highlights

KPIL has reported impressive financial results for Q2:

The company's strong performance was driven by robust execution and a healthy order backlog. The EPC segment, in particular, showed significant growth with revenues increasing by 51% year-on-year.

Order Book and Future Outlook

As of September 30, 2025, KPIL's consolidated order book stands at ₹64,682.00 crore, providing clear visibility for future growth. The company has secured new orders worth ₹14,951.00 crore year-to-date, with an additional ₹5,000.00 crore worth of projects where it is favorably placed.

Manish Mohnot, MD & CEO of KPIL, commented on the results: "We have delivered another quarter of strong performance, building on the momentum of the previous quarter. This quarter happens to be the best ever Q2 in terms of revenue and profitability." He further added that the company remains committed to improving project delivery capabilities, strengthening its balance sheet, and investing in high-growth business verticals.

Segment Performance

The EPC segment continues to be the primary driver of growth, with revenues of ₹6,313.85 crore in Q2, up 31% year-on-year. The Development Projects segment also showed significant improvement, with revenues increasing to ₹167.58 crore from ₹53.40 crore in the same quarter last year.

KPIL's robust performance in Q2 demonstrates its strong market position and effective execution capabilities in the infrastructure sector. The company's strategic decisions, including the extension of bank guarantees and key leadership appointments, are likely to support its growth trajectory in the coming quarters.