
Kalpataru Projects International Limited (KPIL) announced strong financial results for the quarter and financial year ended March 31, 2026, supported by healthy project execution and robust order inflows across key infrastructure segments.
The company stated that growth was driven by strong momentum in its Power Transmission and Distribution (T&D), Buildings and Factories (B&F), Oil and Gas, and Urban Infrastructure businesses.
For the March 2026 quarter, KPIL’s consolidated revenue increased 10% year-on-year to ₹7,778 crore. EBITDA rose 19% YoY to ₹640 crore, while EBITDA margin improved by 60 basis points to 8.2%.
Profit before tax (PBT) before exceptional items grew 50% YoY to ₹445 crore, with PBT margin rising to 5.7%. PBT after exceptional items increased 73% to ₹511 crore, while margin improved to 6.6%.
The company also reported a sharp improvement in its balance sheet position, with net debt declining 53% YoY to ₹915 crore. Net working capital (NWC) days stood at 75 days.
For the full financial year FY26, consolidated revenue stood at ₹27,143 crore, reflecting a 22% YoY increase. EBITDA rose 22% to ₹2,240 crore, while EBITDA margin improved to 8.3%.
PBT before exceptional items surged 62% YoY to ₹1,334 crore, while PBT after exceptional items rose 67% to ₹1,371 crore. Consolidated earnings per share (EPS) increased 71% to ₹60.90 per share.
On a standalone basis, FY26 revenue grew 23% YoY to ₹23,210 crore. EBITDA increased 28% to ₹2,029 crore, while standalone EPS rose 24% to ₹48.71 per share.
KPIL reported total order inflows of ₹26,400 crore during FY26, mainly led by T&D and B&F businesses. The consolidated order book stood at ₹65,457 crore as of March 31, 2026.
The company also received new orders worth around ₹1,833 crore in FY27 so far and remains favourably placed in additional orders worth nearly ₹3,200 crore.
The Board recommended a dividend of ₹11 per equity share for FY26, representing 550% of the face value of ₹2 per share.
On May 15, 2026, KPIL share price opened at ₹1,259.90, touching the day’s high at ₹1,282.40, as of 11:10 AM on the NSE.
Also Read: KPIL Secures ₹4,439 Crore Power Transmission Orders Across India, Africa, and Sweden!
Kalpataru Projects delivered strong FY26 growth with higher revenues, expanding margins, reduced debt, and a healthy order pipeline. Its diversified business portfolio and improving balance sheet position continue to strengthen long-term growth visibility across infrastructure segments.
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Published on: May 15, 2026, 12:19 PM IST

Nikitha Devi
Nikitha is a content creator with 7+ years of experience in the financial domain. Specialising in personal finance, investments, and market insights, Nikitha simplifies complex financial topics, making them accessible to readers.
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