Kalpataru Projects International (KPIL) Reports Record Q1 FY27 Results: Consolidated PAT Surges 46% to ₹312 Crore, Order Book Hits All-Time High of ₹66,607 Crore

Kalpataru Projects International Reports Record Q1 FY27 Results

Kalpataru Projects International Limited (KPIL), a leading global infrastructure EPC company with operations spanning 75 countries, delivered its strongest opening quarter on record for fiscal 2027. The company delivered its highest-ever Q1 performance across revenue, operational profitability, and order backlog in the quarter ended June 30, 2026.

Profitability and Revenue Growth

KPIL recorded a 4% year-on-year increase in consolidated revenue for Q1 FY27, reaching ₹6,408 crore. Excluding the impact of Road SPVs and the Brazil business, comparable revenue growth stood at 9% year-on-year.

Profit After Tax surged 46% year-on-year to ₹312 crore, significantly outpacing revenue growth. Profit Before Tax rose 45% year-on-year to ₹420 crore, with PBT margin expanding by 190 basis points to 6.6%.

EBITDA grew 7% year-on-year to ₹562 crore, with EBITDA margin expanding by 30 basis points to 8.8%.

Record Order Book and Strong Order Inflows

Order inflows YTD FY27 totaled ₹7,668 crore, with a robust order book of ₹66,607 crore as of June 30, 2026. This marks an all-time high for the company's backlog.

Revenue reached a record first-quarter level, supported by strength in transmission, buildings, oil and gas, and water.

Balance Sheet Strength and Deleveraging

Consolidated net debt fell by 67% year-on-year to ₹917 crore as of June 30, 2026. Net debt-to-equity at 0.1x reflects a conservative capital structure.

Net Working Capital cycle improved by 11 days year-on-year, standing at 80 days.

Credit Rating and Forward Guidance

Strategic investments and disciplined capital management led to a credit rating upgrade to AA+ stable.

The company confirmed FY27 guidance of at least 15% annual revenue growth and PBT margin improvement of over 75 bps.

About Kalpataru Projects International

Kalpataru Group, primarily through its flagship EPC company Kalpataru Projects International Limited (KPIL), boasts a significant global presence. KPIL has executed projects in over 70 countries across Africa, Asia (South East, Far East, CIS), Middle East, SAARC region, Europe, and the Americas. The company operates across Power Transmission & Distribution (T&D), Buildings & Factories, Water Supply & Irrigation, Railways, Oil & Gas Pipelines, Urban Mobility (Flyovers & Metro Rail), Highways and Airports.