Construction · NSE: KPIL
Kalpataru Projects International
- M.Cap
- ₹23,058Cr
- P/E
- 19.5×
- 1Y return
- +6.89%
- From 52W high
- −9.4%
Highlights are read by AI from the company's filing and can contain mistakes. Check the source page linked to each line.
Share price
Results Q2 FY27, as filed · consolidated · ₹ Cr
| Q2 FY27 | Q2 FY26 | YoY | Q1 FY27 | QoQ | |
|---|---|---|---|---|---|
| Revenue | 7,004 | 6,529 | +7.3% | 6,408 | +9.3% |
| EBITDA | 581 | 561 | +3.5% | 562 | +3.4% |
| EBITDA margin | 8.3% | 8.6% | -31 bps | 8.8% | -48 bps |
| PBTProfit before tax | 398 | 322 | +23.7% | 420 | -5.4% |
| Net profit | 289 | 240 | +20.4% | 310 | -6.8% |
| EPS (₹) | 16.92 | 14.06 | +20.3% | 18.16 | -6.8% |
From the company's own results filing on NSE. Net profit is the owners' share. Growth and the dotted lines are worked out from the filed figures.
In short
- 01H1 FY27 consolidated revenue excluding Road SPVs and Brazil was Rs 13,391 crore, up 11%.
- 02H1 FY27 PBT rose 34% to Rs 818 crore and PAT rose 34% to Rs 603 crore.
- 03Order inflow so far in FY27 is Rs 23,934 crore, with about Rs 5,000 crore more L1 or favourably placed.
- 04Consolidated net debt fell to Rs 72 crore and net working capital to 68 days.
- 05Credit rating upgraded to AA+/Stable by CRISIL and India Ratings.
- 06Oil & Gas revenue grew 58% in Q2, led by Middle East projects; Water and Infrastructure revenue fell.
- 07Sweden subsidiary Linjemontage was listed on Nasdaq Stockholm.
Order book
New orders of Rs 23,934 cr so far in FY27 (H1 Rs 17,940 cr, Q3 to date Rs 5,994 cr)
Slides · p. 17
New orders of Rs 23,934 cr so far in FY27 (H1 Rs 17,940 cr, Q3 to date Rs 5,994 cr)
“Received new orders of ₹ 23,934 crore till date in FY27 (H1 FY27 = ₹ 17,940 crore and Q3 FY27 till date = ₹ 5,994 crore)”
About Rs 5,000 cr more of projects where company is L1 or favourably placed
Slides · p. 17
About Rs 5,000 cr more of projects where company is L1 or favourably placed
“Additional L1/ Favorably Placed in Projects ~ ₹ 5,000 crore”
Company describes record order backlog and unprecedented tender pipeline
Slides · p. 6
Company describes record order backlog and unprecedented tender pipeline
“Record order backlog and unprecedented tender pipeline”
T&D: T&D secured Rs 9,322 cr of projects so far in FY27
Slides · p. 15
T&D: T&D secured Rs 9,322 cr of projects so far in FY27
“T&D • Secured projects of ₹ 9,322 crores till date in FY27; Over 60% of order inflows”
Oil & Gas: First major UAE project won for gas pipeline infrastructure
Slides · p. 15
Oil & Gas: First major UAE project won for gas pipeline infrastructure
“• Secured first major project in UAE for gas pipeline infrastructure project”
Segments
Linjemontage: Linjemontage (Sweden) revenue Rs 1,472 cr in H1 FY27
Slides · p. 15
Linjemontage: Linjemontage (Sweden) revenue Rs 1,472 cr in H1 FY27
“• Linjemontage (Sweden) revenue at ₹ 1,472 crores in H1 FY27; Order book at”
T&D: T&D revenue growth attributed to order backlog and better project progress
Slides · p. 15
T&D: T&D revenue growth attributed to order backlog and better project progress
“• Strong order backlog and improved project progress has led to growth in T&D”
B&F: B&F revenue Rs 2,031 cr in Q2 (+20%), Rs 3,619 cr in H1 (+17%)
Slides · p. 15
B&F: B&F revenue Rs 2,031 cr in Q2 (+20%), Rs 3,619 cr in H1 (+17%)
“B&F 1,698 2,031 +20% 3,081 3,619 +17%”
B&F: B&F growth driven by project mix and residential project execution
Slides · p. 15
B&F: B&F growth driven by project mix and residential project execution
“• B&F revenue growth driven by favorable project mix and strong execution in”
Oil & Gas: Oil & Gas revenue Rs 884 cr in Q2 (+58%), Rs 1,577 cr in H1 (+38%)
Slides · p. 15
Oil & Gas: Oil & Gas revenue Rs 884 cr in Q2 (+58%), Rs 1,577 cr in H1 (+38%)
“Oil & Gas 559 884 +58% 1,147 1,577 +38%”
Demand
Company states growth visibility extends well beyond 2028
Slides · p. 6
Company states growth visibility extends well beyond 2028
“extending well beyond 2028”
Margins and costs
PBT margin 5.7% in Q2 (+80 bps) and 6.1% in H1 (+130 bps)
Slides · p. 13
PBT margin 5.7% in Q2 (+80 bps) and 6.1% in H1 (+130 bps)
“PBT Margin 4.9% 5.7% +80 bps 4.8% 6.1% +130 bps”
Core EBITDA margin 8.3% in Q2 (-30 bps) and 8.5% in H1 (-10 bps)
Slides · p. 13
Core EBITDA margin 8.3% in Q2 (-30 bps) and 8.5% in H1 (-10 bps)
“Core EBITDA Margin 8.6% 8.3% -30 bps 8.6% 8.5% -10 bps”
Finance cost down to Rs 90 cr in Q2 from Rs 136 cr
Slides · p. 13
Finance cost down to Rs 90 cr in Q2 from Rs 136 cr
“(-) Finance Cost (136) (90) (259) (173)”
Debt and working capital
Consolidated net debt Rs 72 cr at Q2 FY27, down from Rs 917 cr in Q1
Slides · p. 16
Consolidated net debt Rs 72 cr at Q2 FY27, down from Rs 917 cr in Q1
“Net Debt 3,169 917 72 (3,097) (845)”
Consolidated gross debt Rs 2,582 cr at Q2 FY27, down Rs 1,894 cr YoY
Slides · p. 16
Consolidated gross debt Rs 2,582 cr at Q2 FY27, down Rs 1,894 cr YoY
“Gross Debt 4,476 2,595 2,582 (1,894) (13)”
Consolidated net working capital 68 days, from 80 in Q1 and 90 a year ago
Slides · p. 16
Consolidated net working capital 68 days, from 80 in Q1 and 90 a year ago
“Net Working Capital (NWC) Days 90 80 68”
Credit rating upgraded to AA+/Stable by CRISIL and India Ratings
Slides · p. 6
Credit rating upgraded to AA+/Stable by CRISIL and India Ratings
“Credit rating upgraded to AA+/Stable by CRISIL and India”
Standalone: Standalone net debt Rs 398 cr at Q2 FY27, down from Rs 752 cr in Q1
Slides · p. 16
Standalone: Standalone net debt Rs 398 cr at Q2 FY27, down from Rs 752 cr in Q1
“Net Debt 2,189 752 398 (1,791) (354)”
Acquisitions and new business
Dividends and buybacks
Other
Revenue ex Road SPVs & Brazil up 13% in Q2 to Rs 6,995 cr, up 11% in H1 to Rs 13,391 cr
Slides · p. 13
Revenue ex Road SPVs & Brazil up 13% in Q2 to Rs 6,995 cr, up 11% in H1 to Rs 13,391 cr
“Revenue (Excluding Road SPVs & Brazil Subsidiary)* 6,215 6,995 +13% 12,102 13,391 +11%”
Consolidated PBT Rs 398 cr in Q2 (+24%), Rs 818 cr in H1 (+34%)
Slides · p. 13
Consolidated PBT Rs 398 cr in Q2 (+24%), Rs 818 cr in H1 (+34%)
“PBT 322 398 +24% 612 818 +34%”
Consolidated PAT Rs 292 cr in Q2 (+23%), Rs 603 cr in H1 (+34%)
Slides · p. 13
Consolidated PAT Rs 292 cr in Q2 (+23%), Rs 603 cr in H1 (+34%)
“PAT 237 292 +23% 451 603 +34%”
EPS Rs 16.92 in Q2 (+20%) and Rs 35.08 in H1 (+32%)
Slides · p. 13
EPS Rs 16.92 in Q2 (+20%) and Rs 35.08 in H1 (+32%)
“EPS (₹/ Share) 14.06 16.92 +20% 26.57 35.08 +32%”
Reported consolidated revenue Rs 7,004 cr in Q2 (+7%), Rs 13,412 cr in H1 (+6%)
Slides · p. 13
Reported consolidated revenue Rs 7,004 cr in Q2 (+7%), Rs 13,412 cr in H1 (+6%)
“Reported Revenue 6,529 7,004 +7% 12,700 13,412 +6%”
Sources
- Investor presentation, Q2 FY27 Filed 5 Nov 2026 · 29 pages
Management's own statements, quoted from its NSE filings. This page was read by AI and can contain mistakes: check the source pages before relying on any figure. No forecast or opinion of ours. Not investment advice.