
Kalpataru Projects International Limited is targeting stronger order growth this financial year while expanding its presence across renewable energy, data centres and future infrastructure opportunities.
Manish Mohnot, Managing Director and Chief Executive Officer of Kalpataru Projects International Limited said to Business Standard that the company expects order inflows of around ₹30,000 crore in FY27, which could support an order book of ₹65,000 - ₹70,000 crore.
KPIL’s current order book stands at ₹65,457 crore, with domestic projects contributing nearly 61%. Power transmission and distribution along with buildings and factories continue to remain the company’s largest verticals, accounting for almost 70% of the order pipeline.
“We have seen the strongest traction in these segments over the past 2 years,” Mohnot said.
The company secured orders worth ₹26,400 crore during FY26 and also operates across water supply, railways, highways, airports, oil and gas pipelines and urban mobility projects.
KPIL has now started building its presence in the solar EPC segment with smaller projects in Africa and is preparing to secure a larger project in West Asia, where the company emerged as the lowest bidder.
“Our focus in renewables is more on international markets, especially West Asia,” Mohnot said.
West Asia currently contributes around 9% of the company’s total order book and is emerging as a key growth region for renewable energy opportunities.
Despite geopolitical tensions linked to the Iran conflict, Mohnot said the overall impact on business operations has remained limited apart from temporary supply-chain disruptions and some increase in freight and diesel prices.
“Occasionally, work may stop for a few hours during specific incidents, but operations largely continue normally,” he said, adding that client payments remain on track with no overdue receivables.
KPIL is also increasing investments in the fast-growing data centre segment both in India and overseas.
The company is currently executing a major project in Maharashtra for a global developer and is bidding for several additional opportunities in the segment. Mohnot added that KPIL has already completed some data centre civil construction projects.
The company is simultaneously evaluating long-term opportunities in the nuclear power sector through a dedicated internal team studying EPC and manufacturing possibilities.
“Although we do not have a defined execution plan for the next 2-3 years, we see it as a long-term opportunity to be explored seriously in the future,” Mohnot said.
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As of 21 May 2026, at 9:21 AM, Kalpataru Projects International Limited share price is trading at ₹1,251.40 per share, reflecting a surge of 0.64% from the previous closing price.
Kalpataru Projects is broadening its growth strategy beyond conventional EPC operations through expansion into renewables, data centres and emerging infrastructure segments while maintaining strong order visibility across core businesses.
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Published on: May 21, 2026, 9:30 AM IST

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