Kalpataru Projects International Ltd (KPIL) secured new orders and notifications of awards worth approximately ₹2,349 crore, according to a regulatory filing. The new orders were announced on 21 October 2026 and cover two of KPIL's core businesses in India: power transmission and distribution (T&D), and buildings and factories (B&F). As reported by CNBC TV18, these contract wins demonstrate the company's continued strength in its domestic infrastructure market segments. Transrail Lighting also won orders worth ₹927 crore, mainly in its domestic power transmission and distribution business, with the company's order intake for the year now standing at ₹3,356 crore. Earlier this month, the company secured orders for its Power T&D business in India and internationally for more than ₹2,200 crore, further strengthening its order book position.
The new order wins pushed KPIL's year-to-date order inflows for financial year 2026-27 (FY27) beyond ₹22,000 crore. According to the company's regulatory filing, this cumulative order inflow of more than ₹22,000 crore provides an indication of the scale of fresh business secured by the company during the financial year. The company secured nearly ₹14,000 crore in orders in Q2FY27, nearly double the inflow from the previous quarter, demonstrating accelerating momentum in order wins. The achievement reflects the company's robust performance in securing new projects across its core business segments.
Shares of Kalpataru Projects gained 2% to hit an intraday high of ₹1,378 on Wednesday, according to Upstox. The shares opened at ₹1,363 on Wednesday, up from Monday's close of ₹1,346, and hit an intraday high of ₹1,378 on the NSE in the opening session. In 2026, the company's shares have delivered steady returns at +14.7% on a year-to-date basis and +8.7% on a trailing twelve-month basis. Transrail Lighting shares gained 9.7% to hit an intraday high of ₹494.65 apiece, with the stock gaining 15.5% in the past month but declining 13.7% this year. The positive market reaction reflects investor confidence in the companies' strong order book positioning and growth prospects.
Manish Mohnot, managing director and chief executive officer of KPIL, commented on the performance: "We continue to witness robust growth across our core T&D and B&F verticals. These new contract wins solidify our leading market position in India's fast-growing, high-potential infrastructure landscape. Furthermore, they underscore our strong EPC capabilities and proven track record of executing world-class projects both domestically and internationally," as reported by Upstox. Mohnot added that the company's engineering, procurement and construction (EPC) capabilities and execution track record across domestic and international markets supported its growth prospects.
KPIL delivered steady growth in Q1FY27 with revenue jumping 4% YoY to ₹6,408 crore, according to Upstox. Earnings before interest, taxes, depreciation, and amortisation jumped 7% YoY to ₹562 crore, while profit after tax surged 46% YoY to ₹312 crore. The company reported revenue of ₹27,143 crore in FY26 and currently has more than 250 projects under execution across over 30 countries. KPIL's operations span 75 countries, as reported by the company, demonstrating its global reach and diversified project portfolio. The company provides integrated EPC solutions across various sectors including power transmission and distribution, buildings and factories, water supply, railways, oil and gas infrastructure, urban mobility, highways, and airports.
