Kalpataru Projects International Ltd
Kalpataru Projects International Ltd Q4 FY26 Results & Concall Highlights: Revenue, Margins & Order Book
Q4 FY26 earnings call: what management guided on revenue, margins and order book.
What the Q4 FY26 call signalled
3 of 4 strong
Not discussed on this call: fundraise.
The short version
Kalpataru Projects expects full-year order wins to exceed INR 30,000 crores in FY27, indicating strong growth. Kalpataru Projects International Limited expects continued growth driven by domestic orders between INR 6,000 crores to INR 7,000 crores.
From Kalpataru Projects International Ltd's Q4 FY26 earnings-call transcript · updated 23 Aug 2026.
Revenue & Sales Performance
- Kalpataru Projects expects full-year order wins to exceed INR 30,000 crores in FY27, indicating strong growth.
- Top-line growth is guided at around 15%+ for FY27.
- T&D segment is a major growth driver with a domestic pipeline exceeding INR 1 lakh crore and international markets (trillion-dollar scale) bidding in next 6-9 months.
- Power T&D expected to grow by 20%.
- LMG business saw 64% revenue growth; FY27 international T&D order inflow expected between INR 8,000-9,000 crores.
- Selective growth planned in Urban Infrastructure and Oil & Gas sectors, with Oil & Gas traction expected to pick up in Q3-Q4.
- Capacity expansions and investment in automation support growth, with INR 800+ crores capex planned.
- Focus on large-scale, complex projects with higher margins rather than pure volume growth.
- Order book visibility currently at approximately 2.5 years, supporting sustained revenue growth.
Profitability & Margins
See what Kalpataru Projects International Ltd said on profitability & margins — free account, 30 seconds.
Capital Expenditure Plans
- Kalpataru Projects International Limited has been investing strategically in capex post-COVID, driven by strong growth visibility.
- Current capex includes investments in aluminum shuttering, site equipment (TSEs, cranes), plant modernization, and international expansions, especially in Saudi and other geographies.
- The capex for the current year (FY27) is budgeted at INR 800+ crores, focusing on Buildings & Factories (B&F), Transmission & Distribution (T&D), international expansion, and further plant capacity expansion.
- Future capex plans include potentially expanding plant capacity with an update expected by end of Q2 FY27.
- The company is funding capex from internal free cash flows, maintaining capital discipline.
- Additionally, there are expected inflows from divestments of noncore assets and possible strategic investments in the Swedish subsidiary that may strengthen the balance sheet and support growth.
Top-ranked in Construction
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
- Total order book at end of FY26: INR 65,457 crores (all-time high)
- Since fiscal year-end, new orders worth INR 1,833 crores secured
- Additional L1 orders placed: INR 3,200 crores
- T&D order book: INR 28,572 crores
- Water backlog: INR 5,800 crores (approx. 75% is JJM projects)
- Water receivables outstanding: ~INR 1,600 crores, expected to clear by September
- Order inflow guidance for FY27: Expected to exceed INR 30,000 crores
- T&D and B&F expected to contribute approximately two-thirds of FY27 order inflow
- International footprint expanding, with growth expected in Oil & Gas, Urban Infra, and Water international segments
- Focus on large-scale, complex projects with clients largely retained over decades
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 Q4 FY26 results?
Kalpataru Projects expects full-year order wins to exceed INR 30,000 crores in FY27, indicating strong growth. Kalpataru Projects International Limited expects continued growth driven by domestic orders between INR 6,000 crores to INR 7,000 crores.
What is Kalpataru Projects International Ltd share price analysis?
Kalpataru Projects International Ltd currently shows a below-average growth signal. 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?
Kalpataru Projects International Limited has been investing strategically in capex post-COVID, driven by strong growth visibility.
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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.