KPIL Secures New Orders Worth ₹ 2,774 Crores Across Key Sectors
Team FS
12/Sep/2024

What's covered under the Article:
KPIL secures significant new orders totaling ₹ 2,774 Crores in Transmission & Distribution, airport expansion, and residential projects.
The order from Airports Authority of India marks KPIL's entry into the growing domestic airport sector, boosting its client base.
These projects significantly enhance KPIL's market position and strengthen its order book, improving growth visibility.
Kalpataru Projects International Limited (KPIL), one of India's largest and most diversified Engineering, Procurement, and Construction (EPC) companies, announced its latest success in securing orders worth ₹ 2,774 Crores. These orders span various critical sectors, further strengthening the company’s growing portfolio in both domestic and international markets.
The breakdown of the newly secured projects includes key orders in the Transmission & Distribution (T&D) sector in overseas markets, a prestigious EPC project for the extension of an airport from the Airports Authority of India (AAI), and a Design & Build project for a residential building in India. Each of these projects marks a significant step forward for KPIL, enhancing its visibility and market share in the T&D and Buildings & Factories (B&F) businesses.
Manish Mohnot, the Managing Director and CEO of KPIL, expressed his enthusiasm, stating, “We are pleased with the continuous ordering momentum, especially in our Transmission & Distribution (T&D) and Buildings and Factories (B&F) businesses. The prestigious order from the Airports Authority of India (AAI) will mark our entry into the growing domestic airport sector, further diversifying our clientele. The orders in the T&D and B&F business have further enhanced our market position and significantly strengthened our order book, thereby improving the growth visibility for these businesses going forward.”
The AAI project is particularly noteworthy as it positions KPIL in the growing domestic airport infrastructure sector, a key segment that is witnessing rapid expansion due to increasing air travel demands in India. The company’s foray into this sector will open new avenues for future growth, enabling KPIL to diversify its portfolio while maintaining its strong foothold in the core EPC segments.
Additionally, the Transmission & Distribution (T&D) orders, which come from international markets, solidify KPIL’s global footprint. With its well-established leadership in the power transmission sector, KPIL is currently executing projects across more than 30 countries and has a presence in over 70 countries worldwide. This extensive global reach not only contributes to the company’s financial growth but also reinforces its reputation as a reliable partner in high-value EPC projects globally.
In the domestic market, the Design & Build residential project will further bolster KPIL’s Buildings & Factories (B&F) business, a segment where the company has seen consistent growth. This sector's demand for robust and sustainable infrastructure aligns with KPIL's best-in-class sustainability standards, which continue to set it apart in the competitive Indian construction landscape.
With these recent contract wins, KPIL’s year-to-date (YTD) order intake has surged to around ₹ 9,800 Crores, reflecting a strong business momentum. The current order book presents a solid foundation for future growth, particularly in the company’s key sectors like T&D, airports, and infrastructure development.
Kalpataru Projects International Limited (KPIL), formerly known as Kalpataru Power Transmission Limited, is recognized as one of the largest specialized EPC companies in India. The company has earned its position at the forefront of the industry by consistently delivering high-quality projects across various sectors, including power transmission & distribution, water supply & irrigation, railways, oil & gas pipelines, urban mobility, highways, and airports.
As the company continues to execute large-scale projects around the world, it remains committed to driving sustainable growth and enhancing profitability. With its strong organizational capabilities, technical expertise, and dedication to sustainability, KPIL continues to be a leader in the EPC domain.
With these new orders, KPIL has further solidified its position as a major player in the EPC sector, both in India and globally. The company's ability to consistently secure significant contracts underscores its operational excellence and commitment to maintaining high standards in all aspects of its business.
For further insights into IPOs and market trends, visit Best IPO to Apply Now - IPO List 2024, Latest IPO, Upcoming IPO, Recent IPO News, Live IPO GMP Today - Finance Saathi and Top News Headlines - Share Market News, Latest IPO News, Business News, Economy News - Finance Saathi.
Join our Trading with CA Abhay Telegram Channel for regular Stock Market Trading and Investment Calls by CA Abhay Varn - SEBI Registered Research Analyst & Finance Saathi Telegram Channel for Regular Share Market, News & IPO Updates.
Start your Stock Market Journey and Apply in IPO by Opening a Free Demat Account in Choice Broking FinX.