Kalpataru Projects International Limited (KPIL) Latest Updates

Order Wins & Backlog Massive Order Inflow: In March 2026, the company secured new orders worth ₹2,471 crore, covering underground metro rail projects in India, and T&D (Transmission and Distribution) projects in both domestic and international markets. Annual Achievement: With the recent wins, KPIL has surpassed its annual order intake target, bringing the total order wins for FY26 to approximately ₹22,000 crore. Revenue Visibility: The consolidated order book now stands at over ₹55,000 crore, providing high revenue visibility for the next 2.5 to 3 years. Regulatory & Corporate Updates Compliance: In April 2026, KPIL filed a CFO certificate confirming full compliance with SEBI regulations regarding the utilization of Commercial Paper proceeds and listing conditions for the quarter ended March 31, 2026. Shareholding & Demat: Following new SEBI circulars, the company has opened a special window (valid until Feb 2027) for the dematerialization of physical securities to assist long-term shareholders. ESG Standing: KPIL received an ESG rating of 66.7 from SES ESG Research for FY2025, highlighting its continued focus on sustainability and governance. Geopolitical & Macro Risks Middle East Exposure: Management noted that exposure to the Middle East remains around 10–11% of the total order book. While geopolitical tensions in West Asia pose supply-chain risks, the company expects the revenue impact to be limited to approximately $20–30 million. Global Trade: The company is monitoring the impact of the 26% US reciprocal tariff on Indian goods (announced April 2, 2026), which has created some general volatility in the infrastructure sector.