Rs 60,631 Crore Order Book: Engineering & Construction Company Bags New Orders Worth Rs 2038,00,00,000

The stock is up by 54 per cent from its 52-week low of Rs 738.85 per share.

Kalpataru Projects International Limited (KPIL) and its international subsidiaries have announced the receipt of new orders and awards valued at Rs 2,038 crore. This includes projects in the Transmission & Distribution sector, both within India and in international markets, along with a building project undertaken domestically.

Manish Mohnot, MD & CEO, KPIL, said, “We are pleased with the robust ordering in our T&D business, backed by our strong business capabilities and notable order wins. The continuous order inflows in the T&D business have not only strengthened our T&D order book but also improved our competitive position in key markets. With these new orders, our YTD order intake has reached Rs 19,361 crore, reflecting a significant uptick in business visibility. With a robust order book position, proven business capabilities and a promising tender pipeline, we have a good visibility of growth in the coming quarters.”

About Kalpataru Projects International Limited (KPIL)

KPIL is one of the largest specialized EPC companies engaged in Power Transmission & Distribution, Buildings & Factories, Water Supply & Irrigation, Railways, Oil & Gas Pipelines, Urban Mobility (Flyovers & Metro Rail), Highways and Airports. KPIL is currently executing projects in over 30 countries and has a global footprint in 74 countries. KPIL has maintained a leadership position in all its major businesses backed by strong organisational capabilities, superior technical know-how, and adherence to best-in-class sustainability standards. The company has a market cap of over Rs 18,000 crore.

Order Book: The company’s order book stands at Rs 60,631 crore as of September 30, 2024, an increase of 29 per cent YoY with 55 per cent with domestic orders and 45 per cent international orders.

In December 2024, FIIs increased their stake to 12.68 per cent compared to 10.71 per cent in September 2024 while DIIs decreased their stake to 45.60 per cent in December 2024 compared to September 2024. The stock is up by 54 per cent from its 52-week low of Rs 738.85 per share. Investors should keep an eye on this mid-cap stock.

Disclaimer: The article is for informational purposes only and not investment advice.