Kalpataru Projects International (KPIL) has secured new orders and a letter of comfort worth about ₹2,031 crore in its power transmission and distribution (T&D) business across India and international markets. According to reports from CNBC TV18, the company's Swedish subsidiary Linjemontage i Grästorp AB has received an additional order worth ₹194 crore, bringing the combined value of the latest order wins to ₹2,225 crore. In an exchange filing, the company announced these wins in the power transmission and distribution business across India and international markets.
The company has achieved a significant milestone with order book reaching an all-time high of ₹66,607 crore as of the end of June quarter FY27, supported by marquee project wins across transmission and distribution, buildings and factories, and water businesses. As reported by NDTV Profit, order inflows of ₹7,668 crore were recorded in FY27 till August 11, demonstrating strong momentum in order acquisition. The robust order pipeline provides substantial visibility for future execution across the company's infrastructure businesses, which span power transmission and distribution, buildings and factories, water, railways, oil and gas infrastructure, urban mobility, highways, and airports.
The company has demonstrated robust growth momentum with orders worth about ₹20,000 crore secured so far in the current financial year 2027, representing growth of more than 30 per cent year-on-year. As reported by CNBC TV18, MD and CEO Manish Mohnot confirmed that this performance reflects strong market demand for transmission infrastructure, grid expansion, and renewable energy integration across India and global markets. The sustained momentum in order inflows highlights the massive investments happening in transmission infrastructure, grid expansion, and renewable energy integration across India and global markets.
Despite securing significant new orders, Kalpataru Projects International shares remained muted on Tuesday, October 13, with the stock trading at ₹1,412.9 per share on the NSE while the benchmark Nifty 50 was up around 0.8%. According to CNBC TV18, the stock had made an intraday high of ₹1,443 before declining, and had touched an intraday low of ₹1,392.50 per share. However, the stock remains up 17.5% from the beginning of the year and 114.4% over the past three years, indicating positive long-term investor sentiment despite short-term volatility following the order announcement.
The Swedish subsidiary Linjemontage i Grästorp AB won the SEK 200 million order from Ellevio AB through a public procurement process for refurbishment and expansion of an existing 130 kilovolt (kV) substation in Repbäcken, Borlänge. As reported by Business Standard, the project is expected to run until October 2029 and aims to increase redundancy and capacity in the electricity grid. The project will be delivered as a turnkey contract and includes construction of a new 130 kV substation, foundation and civil works, control building, control equipment, assembly and installation, testing and commissioning. The contract is worth approximately ₹194 crore.
