Kalpataru Projects International Ltd
Kalpataru Projects International Ltd Q3 FY26 Results & Concall Highlights: Revenue, Margins & Order Book
Q3 FY26 earnings call: what management guided on revenue, margins and order book.
The short version
Kalpataru Projects International Limited expects revenue growth of approximately 25% for FY26 at both standalone and consolidated levels. Kalpataru Projects International Limited expects revenue growth of approximately 25% for FY26 at both standalone and consolidated levels.
From Kalpataru Projects International Ltd's Q3 FY26 earnings-call transcript · updated 23 Aug 2026.
Revenue & Sales Performance
- Kalpataru Projects International Limited expects revenue growth of approximately 25% for FY26 at both standalone and consolidated levels. (Page 11)
- The company anticipates continued strong growth momentum supported by robust order book and improved margins, with growth potentially exceeding 20% per annum over the next 2-3 years. (Pages 7, 11, 16)
- T&D segment is expected to see order inflows increase by at least 15-20% annually, driven by domestic and international market opportunities, including India, CIS countries, Sweden, and Latin America. (Page 15)
- Capacity for transmission is planned at 275,000 to 300,000 tons for the next two years, with capacity expansion expected to meet demand as needed. (Page 16)
- Growth will be supported by multiple segments including T&D, building & factories (B&F), oil & gas, and urban infrastructure. (Pages 4,7,16)
- The company expects margin improvements and balanced resource allocation to sustain growth while maintaining financial discipline. (Pages 16,17)
Profitability & Margins
See what Kalpataru Projects International Ltd said on profitability & margins — free account, 30 seconds.
Capital Expenditure Plans
- Current year capex outflow is targeted around INR 700-750 crores; INR 500+ crores already incurred in 9M FY26.
- Similar capex levels are expected for FY27 due to strong business traction and healthy cash flows.
- Capex on transmission segment expected at INR 100-150 crores next year, mainly for plant expansion (CNC machines, staging shuttering, girders, TSE equipment).
- Capacity expansion is simple and quick (adding CNC machines takes ~3 months); current capacity of 275,000-300,000 tons considered sufficient for next 2 years.
- Strategic investments include exploration of fund raising options in Sweden to generate additional cash flows in FY26-27.
- Focus on capacity expansion in transmission to handle increasing order inflows (over 90% capacity booked for next year).
- Overall capex aimed at sustaining growth across multiple infrastructure segments including T&D, building & factory, and urban infra.
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Ranked on what management guided this quarter
Rank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.
Fundraising & Capital Structure
See what Kalpataru Projects International Ltd said on fundraising & capital structure — free account, 30 seconds.
Order Book & Pipeline
- As of December 31, 2025, Kalpataru Projects International Limited's consolidated order book stands at INR 63,287 crores, providing strong revenue visibility.
- Year-to-date FY26 new orders total INR 19,456 crores.
- Additional favorably placed orders exceed INR 7,000 crores, mainly in the T&D business.
- T&D order backlog is INR 25,752 crores, up 12% YoY.
- B&F order book grew 40% YoY to INR 18,596 crores.
- The company is L1 (leading bidder) for over INR 5,800 crores in T&D orders and INR 1,100 crores in B&F.
- They have bid for 4-5 large projects in Saudi and ADNOC, expected decisions in next 3-6 months.
- For the next 2 years, capacity on transmission is sufficient with 90%+ already booked and including L1 orders, nearly fully booked.
- The company expects order inflows in T&D to increase 15-20% annually going forward.
Kalpataru Projects International Ltd — Quarterly revenue & net profit
Reported quarterly figures (₹ Cr). Latest: revenue ₹7.8K Cr, net profit ₹431 Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.
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What Kalpataru Projects International Ltd's management said in earlier quarters
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Frequently Asked Questions
What were Kalpataru Projects International Ltd Q3 FY26 results?
Kalpataru Projects International Limited expects revenue growth of approximately 25% for FY26 at both standalone and consolidated levels. Kalpataru Projects International Limited expects revenue growth of approximately 25% for FY26 at both standalone and consolidated levels.
What is Kalpataru Projects International Ltd share price analysis?
Kalpataru Projects International Ltd currently shows a neutral. The stock trades at a P/E of 22.4 with a market cap of ₹21,910 Cr. Investors should review the full earnings analysis for detailed insights.
Is Kalpataru Projects International Ltd planning capital expenditure?
Current year capex outflow is targeted around INR 700-750 crores; INR 500+ crores already incurred in 9M FY26.
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This analysis is AI-generated based on publicly available earnings data and concall transcripts. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.