Kalpataru Projects International Reports Strong Q1 FY27 Results with Revenue Growth and Profitability Surge

Kalpataru Projects International Reports Strong Q1 FY27 Results with Revenue Growth and Profitability Surge​

Kalpataru Projects International Limited (KPIL), a leading infrastructure EPC company, announced its financial results for the quarter ended June 30, 2026. The company reported strong performance across both consolidated and standalone metrics, driven by expanded profitability, robust order momentum, and improved financial health.

The consolidated results showed significant growth in revenue and net profit, while the all-time high order book size was recorded as of the quarter end.

Consolidated financial highlights for Q1 FY27 show a company maintaining disciplined execution and expanding profitability across its diverse business mix.


The consolidated EBITDA margin improved by 30 basis points (bps), reaching 8.8%, while the PBT margin increased by 190 bps to 6.6%. The company also successfully reduced its net debt by 67% year-over-year to ₹ 917 crores, and its Net Working Capital days declined by 11 days compared to the previous year, standing at 80 days.

Standalone Performance and Order Book Highlights​

On a standalone basis, KPIL demonstrated robust growth across key operational areas, with revenue rising 9% year-over-year to ₹ 5,482 crores. The EBITDA grew by 14% YoY to ₹ 488 crores, resulting in an EBITDA margin nearing 9%. PBT increased by 32% year-over-year to ₹ 361 crores. Net profit (PAT) for the standalone segment stood at ₹ 265 crores.

As of June 30, 2026, the company maintained a substantial order book of ₹ 66,607 crores, marking an all-time high. Order inflows till date in FY27 stood at ₹ 7,668 crores, with favourably placed L1 orders amounting to approximately ₹ 7,300 crores, primarily driven by the T&D and B&F businesses.

The company also reported receiving new orders worth ₹ 876 crores during Q2 FY27, which included marquee order wins in the T&D and Oil & Gas business segments in India.

Financial Rating and ESG Progress​

India Ratings & Research (Ind-Ra) upgraded KPIL's credit rating to IND AA+/Stable, commending the company’s strong financial profile and prudent capital structure. Furthermore, KPIL's CRISIL ESG Rating improved to Strong from Adequate, with a CRISIL Core ESG Rating of 65, reflecting progress in sustainable practices.

Manish Mohnot, MD & CEO of KPIL, commented on the results, stating that Q1 FY27 provided a strong beginning for the financial year, underpinned by disciplined execution and robust order momentum. He noted that securing marquee projects across HVDC T&D, GIS substation, international water business, and design-build B&F projects was instrumental in advancing the company's competitive edge and paving the way for future growth.

KPIL Stock Price Movement​

Today, shares of Kalpataru Projects International Limited gained ₹15.20, settling at ₹1330.6 after edging up 1.16% in post-market trading. The stock concluded the day with a total traded volume reaching 273,979 shares.