Kalpataru Projects International Limited (KPIL) achieved a standout performance for FY26, delivering ₹27,143 crores in revenue, a 22% year-on-year increase. The company saw strong growth across core segments, improved profitability, and a sharpened focus on balance sheet strength, reducing net debt by 53%. With an order book of ₹65,457 crores and new order wins totaling ₹26,400 crores, KPIL is well-positioned for continued long-term value creation.
Strong Financial Growth
The company demonstrated robust financial health in FY26, reporting a revenue of ₹27,143 crores, marking a 22% increase compared to the previous year. Profitability also saw significant expansion, with EBITDA rising by 22% to ₹2,240 crores (margin of 8.3%). The Profit Before Tax (PBT), before exceptional items, grew by an impressive 62% to reach ₹1,334 crores.
Operational Highlights and Balance Sheet Improvements
KPIL’s commitment to prudent capital management resulted in a 53% year-on-year decline in Net Debt, which currently stands at ₹915 crores. The company’s Net Working Capital (NWC) days improved to 75 days, reflecting enhanced operational efficiency. Additionally, the company generated ₹1,534 crores in operating cash flow, a 68% increase over the previous year, further strengthening its financial position.
Robust Order Book and Future Outlook
The company enters the new fiscal year with a massive order book of ₹65,457 crores, balanced between domestic (61%) and international (39%) projects. Order wins during the year amounted to ₹26,400 crores, primarily driven by the T&D and B&F segments. Looking ahead, KPIL remains focused on scaling high-growth sectors including energy transition, urban infrastructure, and digital/AI-enabled construction, supported by a healthy tender pipeline and strong execution capabilities.
Shareholder Value and Sustainability
Reflecting its commitment to shareholder returns, the company has proposed a dividend of ₹11 per share for FY26, representing 550% of the face value. Alongside financial milestones, KPIL continues to make strides in sustainability, maintaining its goals for carbon neutrality by 2040 and water neutrality by 2032, reinforcing its position as a responsible global EPC player.
Source: BSE
