Big Ticket Win Powers Kalpataru Projects’ Stock Upswing
Engineering giant’s shares hit five-month high as it clinches its largest-ever buildings contract and expands global reach
A Landmark Order for Kalpataru Projects
Kalpataru Projects International Ltd., a leader in the EPC sector, announced on June 9, 2025, that it, along with its global subsidiaries, secured new orders totaling ₹3,789 crore. Kalpataru Projects has secured a landmark contract in the Buildings & Factories (B&F) segment, covering the design and construction of more than 12 million square feet of residential space and related infrastructure across India. This marks the biggest standalone contract secured by KPIL’s B&F division to date, highlighting a significant boost to its project pipeline.
In addition to the domestic B&F contract, KPIL has also bagged new T&D orders in international markets, reinforcing its global presence and expertise in delivering complex infrastructure projects.
Share Price Surge and Market Reaction
The announcement triggered a sharp rally in KPIL’s stock. Shares soared as much as 7.32% intraday, reaching ₹1,234 apiece—the highest since January 2025—before settling around 5% higher by midday trading. The surge reflects investor confidence in KPIL’s ability to secure and execute large-scale projects, as well as optimism about the company’s growth trajectory.
This rally comes on the back of a strong performance in the previous quarter, where KPIL reported a 37.2% jump in consolidated net profit to ₹225.41 crore and an 18.3% increase in revenue to ₹7,066.77 crore. The company’s EBITDA also grew nearly 19% year-on-year, highlighting operational efficiency and robust financial health.
Strategic Significance of the New Orders
Largest-Ever B&F Contract:
The latest B&F contract, spanning more than 12 million square feet of residential development, underscores KPIL’s strengthened EPC expertise and growing edge in India’s construction industry. The design-build nature of the contract underscores KPIL’s ability to deliver integrated solutions for large-scale, complex projects.
International Expansion:
The overseas T&D contracts further cement KPIL’s status as a global EPC player. With operations in over 30 countries and a footprint spanning 75 nations, these new wins bolster KPIL’s international order book and diversify its revenue streams.
Leadership Perspective:
Manish Mohnot, MD & CEO of KPIL, attributed this milestone to years of dedicated work in enhancing execution strength and sharpening the company’s competitive edge. He expressed confidence that the company’s strategic investments and operational excellence would continue to yield similar opportunities in the future.
Analyst Outlook and Industry Impact
Market analysts remain bullish on KPIL, with the majority maintaining a ‘buy’ rating and projecting further upside potentia. The company’s ability to consistently secure large contracts, both domestically and internationally, positions it favorably amid rising infrastructure demand in India and abroad.
KPIL’s diverse portfolio—spanning power transmission, buildings, water supply, railways, oil and gas pipelines, urban mobility, highways, and airports—offers resilience and growth opportunities across economic cycles.
Conclusion
Kalpataru Projects’ record ₹3,789 crore order win is a defining moment for the company, reflecting its leadership in the EPC sector and its growing prowess in both domestic and international markets. The resultant surge in share price underscores strong investor faith in KPIL’s future. With a robust project pipeline, solid financials, and a proven track record, KPIL is well-positioned to capitalize on the next wave of infrastructure growth.
The image added is for representation purposes only
