The power T&D segment dominated the cumulative order inflows of Kalpataru Projects International Ltd (KPIL) in FY25.
In an investor presentation, KPIL said that its cumulative order inflows in FY25 (from April 1, 2024 to October 28, 2024) stood at Rs.11,865 crore. Of this, the power T&D sector had a share of over 50 per cent. In value terms, power T&D order inflow was Rs.5,986 crore.
As of September 30, 2024, the outstanding order book position of KPIL stood at Rs.60,631 crore. Here, power T&D had a share of 36.7 per cent – Rs.22,269 crore in value terms.
KPIL also said that it was placed L1 with respect to orders worth over Rs.7,000 crore, mainly with respect to power T&D mandates.
Revenue growth from the power T&D segment was healthy during Q2FY25 and H1FY25. This was attributed to robust execution and healthy order backlog.
International power T&D subsidiaries
The order book position of LMG, KPIL’s subsidiary in Sweden stood at Rs.2,958 crore while that of its Brazilian subsidiary Fasttel was Rs.828 crore. Together, these two subsidiaries accounted for 17 per cent of KPIL’s unexecuted order book in the power T&D segment, as of September 30, 2024.
Solid performance
Commenting on the company’s performance in Q2FY25, Manish Mohnot, MD & CEO, KPIL, said, “We have delivered solid performance this quarter, backed by consolidated revenue growth of 9 per cent to Rs.4,930 crore, PBT growth of 42 per cent year-on-year to Rs.188 crore and PAT growth of 40 per cent year-on-year to Rs.126 crore. More importantly, the growth has come along with strong order book position Rs.60,631 crore and YTD order inflows of approx. Rs.19,000 crore (including L1 of over Rs.7,000 crore). Our diversified business mix, consistent performance, established capabilities and strong balance sheet showcases the underlying strength of our business model.”
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