What really powers the cloud? Behind every Google search, A...
A lot of what defines a home isn’t visible at handover. I...
Private equity has played a significant role in shaping Indi...
Luxury real estate is one of the most talked-about segments ...
Airports play a much bigger role than just enabling travel -...
• Kalpataru Projects International reported its highest-ever annual revenue and profit growth for FY2025-26 driven by strong execution across infrastructure businesses.
• The company recorded improved profitability, reduced debt levels and healthier cash flow management during the financial year.
• KPIL’s order book remained strong with new project wins across transmission, buildings, oil and gas and urban infrastructure segments.
• The board has recommended a dividend for shareholders following the company’s improved operational and financial performance.
Kalpataru Projects International Limited (KPIL) has reported its highest-ever annual consolidated revenue and profitability for FY2025-26, supported by strong project execution across transmission and distribution, buildings and factories, oil and gas, and urban infrastructure businesses.
The infrastructure EPC company announced consolidated revenue of INR 27,143 crore for FY2025-26, marking a 22% year-on-year increase compared to the previous financial year. Consolidated earnings before interest, taxes, depreciation and amortisation (EBITDA) rose 22% to INR 2,240 crore, while EBITDA margin improved marginally to 8.3%.
According to the company’s financial results released on 14 May 2026, consolidated profit before tax (before exceptional items) increased 62% year-on-year to INR 1,334 crore, with margin expanding by 120 basis points to 4.9%. Profit before tax after exceptional items stood at INR 1,371 crore, reflecting a 67% increase over FY2024-25. Consolidated earnings per share rose 71% to INR 60.90.
KPIL stated that revenue growth during the year was driven by healthy execution across power transmission and distribution projects, buildings and factories, oil and gas pipelines and urban infrastructure works. The company also highlighted improvement in working capital management and reduction in finance costs during the year.
For the fourth quarter ended March 2026, consolidated revenue increased 10% year-on-year to INR 7,778 crore, while quarterly EBITDA rose 19% to INR 640 crore. Quarterly profit before tax before exceptional items grew 50% to INR 445 crore.
The company reported a sharp decline in consolidated net debt, which reduced 53% year-on-year to INR 915 crore as of 31 March 2026. Net working capital days stood at 75 days, reflecting continued focus on balance sheet strengthening and cash flow management.
KPIL’s standalone business also reported strong growth during FY2025-26, with revenue increasing 23% year-on-year to INR 23,210 crore. Standalone EBITDA rose 28% to INR 2,029 crore, while standalone profit before tax before exceptional items increased 61% to INR 1,499 crore.
The company stated that its consolidated order book stood at INR 65,457 crore as of 31 March 2026. Total order inflows during FY2025-26 amounted to INR 26,400 crore, led by transmission and distribution and buildings and factories businesses. KPIL further disclosed that it had secured additional orders worth around INR 1,833 crore in the early part of FY2026-27 and remained lowest bidder in projects worth approximately INR 3,200 crore.
During the quarter, KPIL also completed the sale of the Vindhyachal road asset and stated that resolution of the majority of its non-core assets had been achieved. The company’s board has recommended a dividend of INR 11 per equity share for FY2025-26.
Source : KPIL
5th Jun, 2025
25th May, 2023
11th May, 2023
27th Apr, 2023