Kalpataru Projects Reports 154% PAT Growth in Q1 FY26

Order Book Crosses ₹65,000 Crore and strong execution and margin expansion drive performance

Kalpataru Projects International Ltd. (KPIL) reported a robust set of numbers for Q1FY26, with consolidated revenue growing 35% YoY to ₹6,171 crore. Profit after tax (PAT) for the quarter surged 154% YoY to ₹214 crore, driven by strong execution across segments, margin expansion, and disciplined working capital management.

EBITDA for the quarter came in at ₹525 crore, up 39% YoY, with margins improving to 8.5%. Profit before tax (PBT) stood at ₹290 crore, marking a 112% YoY increase, while PBT margin expanded by 170 basis points to 4.7%. The company also reported a 26% YoY reduction in net debt to ₹2,765 crore, while net working capital days improved by 12 days to 91 days as of June 30, 2025.

The company’s consolidated order inflows for YTD FY26 stood at ₹9,899 crore. As of June 30, 2025, the consolidated order book stood at ₹65,475 crore a 14% YoY growth providing strong multi-year revenue visibility across core verticals. Shares of Kalpataru Projects have delivered a 198.7% return over the past three years. The company currently has a market capitalisation of ₹19,000 crore.

KPIL is one of India’s largest specialized EPC companies, operating across 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.

This article is intended for informational purposes only and should not be considered as investment advice.