KALPATARU PROJECTS INTERNATIONAL LIMITED

About

Kalpataru Projects International Limited provides engineering, procurement, and construction (EPC) services for power transmission and distribution, buildings and factories, water supply and irrigation, railways, oil and gas, and urban infrastructure sectors in India and internationally. The company operates in Engineering, Procurement and Construction; Developmental Project; and Others segments. It designs, tests, procures, fabricates, erects, installs, and commissions power transmission lines, substations, and underground cable works; executes civil works, design and build composite works, structural works, finishing works, utility installations, and area development for buildings and factories; and designs and builds water intake, pipeline installation, treatment, storage, supply, distribution, and operation and maintenance of water projects. The company also offers services under its railway arm, including overhead electrification, traction substations, station buildings, railway track laying, earthwork, workshops, signaling and telecommunication, power systems, and civil works with railway networks and projects; and EPC services for the design and construction of highways, bridges and flyovers, airports, metro rail corridor stations and transit terminals and hubs, as well as undertakes EPC contracting for cross-country pipelines, terminals, and gas gathering stations for the oil and gas sectors. In addition, it is involved in agri-storage infrastructure with value added services, such as testing and certification, collateral management, pest control activities, preservation, maintenance, and security services, as well as management and operation of warehouses; and operates biomass power generation plants. The company was formerly known as Kalpataru Power Transmission Limited and changed its name to Kalpataru Projects International Limited in May 2023. Kalpataru Projects International Limited was incorporated in 1981 and is based in Mumbai, India.

Key Metrics

as of Sep 2026

Market Cap24,024 Cr

P/E21.60

Div Yield0.78 %

Book Value₹455.00

52w High₹1,500.00

52w Low₹1,007.00

Face Value₹2.00

Quarterly Results

Rs. Crores · hover row for definition

Metric	Jun 2026	Mar 2026	Dec 2025	Sep 2025	Jun 2025	Mar 2025	Dec 2024	Sep 2024	Jun 2024	Mar 2024	Dec 2023	Sep 2023	Jun 2023
Sales	6,408.00	7,778.00	6,665.00	6,529.00	6,171.00	7,067.00	5,732.00	4,930.00	4,587.00	5,971.00	4,896.00	4,518.00	4,241.00
Expenses	5,846.00	7,138.00	6,152.00	5,967.00	5,646.00	6,529.00	5,253.00	4,492.00	4,208.00	5,519.00	4,472.00	4,148.00	3,859.00
Operating Profit	562.00	640.00	513.00	561.00	525.00	538.00	479.00	438.00	379.00	452.00	424.00	371.00	382.00
OPM %	9.00	8.00	8.00	9.00	9.00	8.00	8.00	9.00	8.00	8.00	9.00	8.00	9.00
Other Income	77.00	103.00	-1.00	23.00	16.00	13.00	10.00	17.00	22.00	20.00	14.00	12.00	18.00
Depreciation	137.00	127.00	128.00	126.00	129.00	138.00	123.00	117.00	119.00	119.00	121.00	113.00	120.00
Interest	82.00	105.00	137.00	137.00	122.00	118.00	164.00	150.00	144.00	142.00	124.00	137.00	115.00
Profit before tax	420.00	511.00	247.00	322.00	290.00	296.00	202.00	188.00	137.00	211.00	193.00	132.00	165.00
Tax %	26.00	16.00	40.00	26.00	26.00	26.00	31.00	33.00	39.00	20.00	25.00	32.00	32.00
Net Profit	312.00	431.00	149.00	237.00	214.00	218.00	140.00	126.00	84.00	169.00	144.00	90.00	113.00
EPS in Rs	18.16	25.43	8.91	14.06	12.51	13.20	8.31	7.73	5.71	10.12	8.68	5.47	7.08

Profit & Loss

Annual · Rs. Crores

Metric	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015
Sales	27,143.00	22,316.00	19,626.00	16,361.00	14,777.00	12,949.00	12,676.00	10,840.00	8,709.00	7,446.00	7,142.00	7,152.00
Expenses	24,711.00	20,285.00	17,812.00	14,872.00	13,482.00	11,376.00	11,133.00	9,426.00	7,609.00	6,525.00	6,305.00	6,412.00
Operating Profit	2,432.00	2,031.00	1,814.00	1,490.00	1,295.00	1,574.00	1,543.00	1,414.00	1,100.00	921.00	838.00	740.00
OPM %	9.00	9.00	9.00	9.00	9.00	12.00	12.00	13.00	13.00	12.00	12.00	10.00
Other Income	141.00	62.00	64.00	165.00	274.00	277.00	48.00	44.00	25.00	24.00	-18.00	25.00
Interest	693.00	774.00	704.00	621.00	522.00	532.00	603.00	486.00	473.00	469.00	462.00	373.00
Depreciation	510.00	497.00	473.00	392.00	351.00	373.00	340.00	211.00	192.00	181.00	186.00	168.00
Profit before tax	1,371.00	823.00	701.00	642.00	696.00	945.00	648.00	761.00	461.00	295.00	171.00	224.00
Tax %	25.00	31.00	26.00	32.00	23.00	30.00	40.00	36.00	40.00	47.00	56.00	48.00
Net Profit	1,031.00	567.00	516.00	435.00	535.00	662.00	390.00	487.00	278.00	157.00	76.00	115.00
EPS in Rs	60.90	34.30	31.37	27.13	36.28	45.06	25.18	30.41	18.29	12.15	7.17	7.84
Dividend Payout %	18.00	26.00	26.00	26.00	18.00	22.00	14.00	10.00	14.00	16.00	21.00	19.00

Balance Sheet

Annual · Rs. Crores — latest first

Metric	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015
Equity Capital	34.00	34.00	32.00	32.00	30.00	30.00	31.00	31.00	31.00	31.00	31.00	31.00
Reserves	7,742.00	6,479.00	5,106.00	4,688.00	4,249.00	3,709.00	3,327.00	3,089.00	2,643.00	2,391.00	2,217.00	2,186.00
Borrowings	3,543.00	4,314.00	4,008.00	3,786.00	3,838.00	3,260.00	3,296.00	2,610.00	3,319.00	2,849.00	2,922.00	3,684.00
Other Liabilities	16,383.00	14,746.00	12,868.00	11,014.00	8,999.00	8,323.00	9,086.00	8,406.00	6,393.00	4,947.00	4,315.00	3,050.00
Total Liabilities	27,702.00	25,573.00	22,014.00	19,521.00	17,116.00	15,321.00	15,741.00	14,135.00	12,385.00	10,218.00	9,485.00	8,951.00
Fixed Assets	3,148.00	3,252.00	3,073.00	3,124.00	3,559.00	3,472.00	3,444.00	3,141.00	3,062.00	3,061.00	3,081.00	3,204.00
CWIP	64.00	29.00	33.00	52.00	25.00	34.00	54.00	16.00	724.00	117.00	27.00	398.00
Investments	2.00	150.00	0.00	5.00	5.00	1.00	1.00	1.00	51.00	45.00	63.00	11.00
Other Assets	24,488.00	22,142.00	18,908.00	16,339.00	13,528.00	11,814.00	12,241.00	10,977.00	8,549.00	6,995.00	6,313.00	5,338.00
Total Assets	27,702.00	25,573.00	22,014.00	19,521.00	17,116.00	15,321.00	15,741.00	14,135.00	12,385.00	10,218.00	9,485.00	8,951.00

Cash Flows

Annual · Rs. Crores — latest first

Metric	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015
Cash from Operating Activity	1,534.00	914.00	843.00	656.00	714.00	931.00	937.00	1,035.00	650.00	766.00	1,104.00	72.00
Cash from Investing Activity	8.00	-718.00	-266.00	-323.00	-214.00	-6.00	-713.00	-835.00	-699.00	-235.00	-387.00	-605.00
Cash from Financing Activity	-1,636.00	400.00	-524.00	-438.00	25.00	-897.00	40.00	-219.00	66.00	-439.00	-726.00	550.00
Net Cash Flow	-94.00	595.00	53.00	-104.00	524.00	29.00	265.00	-19.00	17.00	93.00	-9.00	18.00
Free Cash Flow	840.00	402.00	524.00	-63.00	452.00	696.00	474.00	330.00	-3.00	542.00	742.00	-504.00
CFO/OP %	79.00	58.00	62.00	59.00	75.00	75.00	78.00	94.00	75.00	97.00	149.00	22.00

Ratios

Annual · Days / % — latest first

Metric	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015
Debtor Days	113.00	128.00	108.00	117.00	113.00	141.00	133.00	142.00	166.00	166.00	149.00	114.00
Inventory Days	69.00	61.00	60.00	64.00	62.00	82.00	84.00	91.00	97.00	116.00	113.00	152.00
Days Payable	276.00	280.00	260.00	257.00	241.00	287.00	239.00	265.00	267.00	289.00	277.00	245.00
Cash Conversion Cycle	-94.00	-92.00	-92.00	-75.00	-66.00	-63.00	-22.00	-32.00	-5.00	-7.00	-15.00	21.00
Working Capital Days	38.00	43.00	46.00	47.00	54.00	67.00	84.00	76.00	68.00	67.00	57.00	59.00
ROCE %	18.00	16.00	16.00	14.00	13.00	18.00	20.00	21.00	16.00	14.00	11.00	11.00

Shareholding Pattern

% holding — latest first

Holder	Jun 2026	Mar 2026	Dec 2025	Sep 2025	Jun 2025	Mar 2025	Dec 2024	Sep 2024	Jun 2024	Mar 2024	Dec 2023	Sep 2023
Promoters	33.58	33.58	33.57	33.57	33.52	33.52	33.52	35.24	35.24	40.59	40.59	41.06
FIIs	10.77	10.92	11.73	11.97	11.83	11.60	12.68	10.71	10.06	8.17	7.69	8.50
DIIs	44.84	45.12	43.90	44.10	44.81	45.02	45.60	45.93	45.61	43.64	43.81	42.70
Public	10.81	10.38	10.80	10.34	9.84	9.85	8.19	8.14	9.09	7.60	7.92	7.73
No. of Shareholders	119,404	118,697	130,006	120,825	121,346	120,183	112,132	104,873	91,938	76,744	68,851	64,395

Corporate Actions

30 records

Action	Ex Date	Record Date	Ratio	Amount (₹)	Notes
Dividend	29 Jun 2026	29 Jun 2026	—	11.00
Dividend	23 Jun 2025	23 Jun 2025	—	9.00
Dividend	28 Jun 2024	28 Jun 2024	—	8.00
Dividend	06 Jul 2023	06 Jul 2023	—	7.00
Dividend	27 Jul 2022	28 Jul 2022	—	6.50
Dividend	07 Jul 2021	08 Jul 2021	—	1.50
Dividend	17 Feb 2021	20 Feb 2021	—	8.50
Other	04 Aug 2020	—	—	—	Annual General Meeting
Dividend	12 Mar 2020	13 Mar 2020	—	3.50
Dividend	22 Jul 2019	—	—	3.00
Dividend	30 Jul 2018	—	—	2.50
Dividend	03 Aug 2017	—	—	2.00
Other	04 Aug 2016	—	—	—	Annual General Meeting
Dividend	21 Mar 2016	22 Mar 2016	—	1.50
Dividend	21 Sep 2015	—	—	1.50
Dividend	18 Sep 2014	—	—	1.50
Dividend	18 Jul 2013	—	—	1.50
Dividend	26 Jul 2012	—	—	1.50
Dividend	21 Jul 2011	—	—	1.50
Split	08 Sep 2010	09 Sep 2010	10:2	—
Dividend	22 Jul 2010	—	—	7.50
Dividend	23 Jul 2009	—	—	7.50
Dividend	10 Jul 2008	—	—	7.50	NSE/BSE dividend mismatch: NSE=1.5; BSE=7.5
Dividend	10 Jul 2008	—	—	1.50	NSE/BSE dividend mismatch: NSE=1.5; BSE=7.5
Dividend	09 Jul 2007	—	—	7.50	NSE/BSE dividend mismatch: NSE=1.5; BSE=7.5
Dividend	09 Jul 2007	—	—	1.50	NSE/BSE dividend mismatch: NSE=1.5; BSE=7.5
Dividend	22 Jun 2006	—	—	1.00
Dividend	13 Jul 2005	—	—	1.00
Dividend	13 Sep 2001	—	—	1.50
Dividend	27 Jul 2000	—	—	0.50