Kalpataru Power Transmission Ltd (KPTL) has reported the winning of new orders worth Rs.803 crore in 2022 so far.
In an investor presentation filed on stock exchanges, KPTL said that it has witnessed new order inflow of Rs.803 crore in 2022, which is from January 1, 2022 up to around February 11, 2022.
In the third quarter (Q3, October to December) of FY22, KPTL won a record level of new orders, valued at Rs.2063 crore. This was 38 per cent higher than even the order inflow in the first half (H1, April to September) of FY22.
In the first three quarters (April to December) of FY22, the cumulative order inflow stood at Rs.4,364 crore. The power T&D sector accounted for a dominating 75 per cent of these order inflows. Oil & gas project had a share of 13 per cent, followed by Railways with 12 per cent.
This cumulative order inflow includes that of KPTL and its overseas subsidiaries – Linjemontage (Sweden) and Fasttel (Brazil).
It may be mentioned that KPTL had closed FY21 (April to March) with an order inflow of Rs.8,443 crore, and an outstanding order book position of Rs.13,980 crore, as of March 31, 2021.
The board of directors of Kalpataru Power Transmission Ltd is scheduled to meet on February 19, 2022, to inter alia, discuss and consider the “proposal of reorganization,” the company said in a stock exchange filing. No further details are yet available.
Also read: Kalpataru Power Transmission Wins Orders Worth Over Rs.1,500 Crore
As of December 31, 2021, had an outstanding order book position of Rs.12,646 crore. Much of this – around 60 per cent – represented power T&D orders. Railways accounted for 24 per cent while oil & gas-related orders took up the remaining 16 per cent.
There was a fairly equal distribution of domestic and overseas projects with respective shares of 52 per cent and 48 per cent.
Apart from confirmed order, KPTL, as of December 31, 2021, was the L1 bidders in contracts with an aggregate value of over Rs.4,000 crore.
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