Kalpataru Projects International Ltd (formerly Kalpataru Power Transmission Ltd) has reported a consolidated order book position of over Rs.47,000 crore (excluding L1 positions), as of September 30, 2023.
In an investor presentation filed on stock exchanges, Kalpataru Projects International said that its order book position as of September 30, 2023, stood at Rs.47,040 crore, out of which international orders accounted for 40.2 per cent (or Rs.18,920 crore).
The cumulative [YTD] order inflow in FY24 (from April 1, 2023 to around November 2, 2023) stood at Rs.12,178 crore. This included Rs.9,015 crore booked in H1 of FY24 (April 1 to September 30) and Rs.3,163 crore in the Q3 period, up to around November 2, 2023.
While domestic orders accounted for 67 per cent of the new order inflow, international mandates took up the remaining 33 per cent.
The order book and order inflow discussed above includes all the business verticals of KPIL – power T&D, buildings & factories, water, oil & gas, railways and urban infrastructure.
Here are some highlights with respect to KPIL’s performance in the power T&D segment:
- The power T&D YTD order inflow stood at Rs.5,359 crore, accounting for 44 per cent of the company’s total.
- As of September 30, 2023, the outstanding order book in the power T&D segment was Rs.17,173 crore – or 37 per cent of the total.
- The outstanding order book of LMG (KPIL’s subsidiary in Sweden), as of September 30, 2023, was Rs.1,457 crore, representing around 8.5 per cent of the power T&D order book.
- The outstanding order book of Fasttel (KPIL’s subsidiary in Brazil), as of September 30, 2023, was Rs.448 crore, representing around 2.6 per cent of the power T&D order book.
Also read: Kalpataru Projects International Sees 28 Per Cent Growth In Order Book
Business outlook
KPIL’s investor presentation observed that business visibility remained robust, propelled by growing adoption of renewables, new power T&D infrastructure development and grid integration/upgrade projects.
KPIL said that the bidding pipeline was strong, and has estimated the domestic power T&D tendering activity to have an opportunity size of over Rs.50,000 crore. In the international power T&D markets, business visibility was to the tune of around $3 billion, in key markets.
