KalpataruProjects International *****

Kalpataru Projects International Limited (KPIL), a major Indian engineering, procurement, and construction (EPC) company, continues to demonstrate robust momentum with series of high-value contract wins across its power Transmission & Distribution (T&D), Buildings & Factories (B&F), and Oil & Gas verticals. Highlighted by a massive ₹4,000+ crore UAE gas pipeline EPC contract and new orders totaling thousands of crores across domestic and international markets, the company's year-to-date order intake for FY27 has surpassed ₹11,000 crore. This continuous order flow underscores strong client confidence in KPIL’s execution capabilities and solidifies its multi-country footprint across over 70 countries. Supported by steady operational execution, KPIL reported positive financial results with Q1 FY27 revenue climbing to ₹6,408 crore and EBITDA rising 7% year-on-year. To further unlock shareholder value and fund capital requirements, the company's Swedish subsidiary, Linjemontage, launched an initial public offering on Nasdaq Stockholm. Management maintains an optimistic outlook for FY27, targeting higher order inflows by leveraging opportunities in expanding infrastructure sectors like solar energy and West Asia’s expanding energy grid networks.