Kalpataru Projects Wins ₹719 Crore Elevated Metro Rail Order In Thane

Kalpataru Projects International Limited (KPIL), along with its joint venture entity, has announced the receipt of new orders and notifications of awards aggregating to ~₹719 crore.

Details Of The Elevated Metro Rail Project

The key order among the newly secured contracts is for an elevated metro rail project in Thane, Maharashtra. The project falls under the rapidly expanding urban mass transit segment, which continues to see strong investments from central and state governments to address traffic congestion and improve urban mobility.

The elevated metro rail project is expected to involve civil construction works, including viaducts and associated infrastructure. Such projects require high technical expertise, adherence to strict timelines, and robust project management—areas where Kalpataru Projects has established a strong track record.

Strengthening KPIL’s Order Book

With this order, Kalpataru Projects further strengthens its already diversified order book spanning power transmission and distribution, civil infrastructure, buildings, water, and transportation projects. Metro rail projects, in particular, offer long-term revenue visibility and align well with the company’s strategy of focusing on complex, high-value infrastructure opportunities.

The Thane metro project also adds to KPIL’s portfolio of urban infrastructure developments, positioning the company to benefit from sustained investments in metro rail networks across major Indian cities.

Manish Mohnot, MD & CEO, KPIL, said, “We are delighted with the new order win in our Urban Infrastructure business. The elevated metro rail order in Thane has strengthen our presence in the growing urban transportation EPC business, reinforcing our confidence in the growth potential of our Urban Infra business in India. Our strong order intake, diversified order book and robust execution places us favourably to deliver on our growth targets in the coming quarters.”

KPIL Share Price Performance

On January 1, 2026, KPIL share price opened at ₹1,219.00, up from its previous close of ₹1,202.40. At 11:54 AM, the share price of KPIL was trading at ₹1,188.80, down by 1.13% on the NSE.

Also Read: Kalpataru Projects Share Price in Focus After Securing Orders Worth ₹2,003 Crore!

Conclusion

The ₹719 crore order win for an elevated metro rail project in Thane marks another important milestone for Kalpataru Projects International. The contract not only enhances revenue visibility but also underscores the company’s strong credentials in executing complex urban infrastructure projects, supporting its long-term growth trajectory.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a private recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.