Kalpataru Projects shares in focus on securing new orders worth ₹989 crore

Shares of Kalpataru Projects International Limited (KPIL), the country's leading infrastructure developer, will be in focus on Tuesday, July 1, after the company post market hours on Monday informed exchanges that it has secured new orders.

Kalpataru Projects International informed stock exchanges that the company along with its subsidiaries secured new orders worth ₹989 crore. The order is for power transmission and distribution (T&D) in overseas market.

“We are pleased with the new order wins in our T&D business. We are particularly enthused by the traction in our T&D business over the past few years on back of increased demand for grid infrastructure globally. We are equipped to leverage the T&D opportunity given our execution prowess and global expertise across the T&D EPC value chain ranging from design, engineering, testing, tower manufacturing, installation and commissioning. With these new orders, our order intake till date in FY26 has reached ~ ₹ 7,150 Crores, giving us good visibility for growth going forward,” said Manish Mohnot, MD & CEO, KPIL.

The latest order comes after the company secured orders worth ₹3,789 crore last month. The last month's order included contracts in the Buildings and Factories (B&F) business in India, which includes the company's largest B&F order secured till date for the development of over 12 million square feet of residential buildings along with associated facilities on a design-and-build basis.

Kalpataru Projects shares have so far this year declined 5.24% underperforming the BSE500 index which is up 5.26% year-to-date.