Engineering and construction giant Kalpataru Projects International (NSE:KPIL) is celebrating a massive order win.
The company, along with its subsidiaries and joint ventures, has secured contracts worth a staggering Rs 3,244 crore, marking a significant boost to its order book.
Kalpataru secures its first-ever underground metro rail project, marking its entry into the electric mobility space.
This contract involves tunnel boring machine (TBM) technology, showcasing the company’s commitment to cutting-edge infrastructure development.
The company snags its largest-ever design and build contract for a sprawling residential project in South India, boasting a built-up area of 13 million sq ft.
This deal highlights Kalpataru’s expertise in large-scale residential development.
The company bagged impressive orders in the Transmission & Distribution (T&D) segment from overseas markets, solidifying its international presence and diversifying its revenue streams.
About Kalpataru Projects International (KPIL)
Founded in 1969, Kalpataru Projects International is a leading player in the Indian construction industry.
With a strong presence in power, infrastructure, buildings, and oil & gas sectors, the company boasts a diverse portfolio and a proven track record of successful project execution.
From a financial standpoint, Kalpataru Projects International has maintained a healthy debt-to-equity ratio of 0.68, indicating prudent financial management.
Its revenue and profitability have also seen steady growth over the past few years, demonstrating operational efficiency and resilience.