Kalpataru Projects International records Rs.17,674 crore order inflow in 9MFY26
- February 5, 2026
Kalpataru Projects International Ltd (KPIL) has reported order inflows of Rs.17,674 crore during the first nine months (9M: April to December) of FY26 with major contribution from the power T&D and buildings & factory (B&F) divisions.
In an investor presentation, KPIL said that it received new orders worth Rs.17,674 crore during Q3FY26 with an additional inflow of Rs.1,782 crore during the initial period of Q4FY26 (January 1, 2026 to around February 4, 2026). This resulted in a year-to-date (YTD) inflow of Rs.19,456 crore.
This consolidated order inflow (KPIL along with its subsidiaries) was dominated by the B&F division to the extent of 56 per cent, followed by power T&D with a share of 40 per cent. The remaining 4 per cent related to urban infrastructure mandates.
As of December 31, 2025, KPIL’s outstanding order book (consolidated) was Rs.63,287 crore with power T&D accounting for the highest share of 41 per cent (or Rs.25,752 crore).
On a year-on-year basis, KPIL’s unexecuted order book, as of December 31, 2025, was around 3 per cent higher.
Further, as of December 31, 2025, KPIL was favourably placed with respect to orders worth around Rs.7,000 crore, across all its business verticals.
The investor presentation observed that revenue growth of the power T&D vertical, at 37 per cent in 9MFY26, was led by project execution and a healthy order mix in the Indian and overseas markets.
With respect to KPIL’s overseas subsidiaries, LMG Sweden posted 71 per cent year-on-year revenue growth in 9MFY26 and had an outstanding order book of Rs.3,483 crore as of December 31, 2025. On the other hand, Fasttel, KPIL’s Brazilian subsidiary, was adversely impacted by lower order backlog, and closure of legacy order, the presentation said.
Growth momentum continues
Commenting on the company’s performance, Manish Mohnot, MD & CEO, KPIL, “The growth momentum witnessed in the first half of FY26 continued into the Q3FY26, as we reported broad-based performance for KPIL, led by healthy revenue growth, sustained margin improvement, robust order book, and improved financial discipline. Most of our businesses delivered double-digit growth in Q3, with T&D and B&F continuing on a strong growth trajectory. We are further encouraged with the accelerating ordering momentum and business visibility in the T&D and civil business, reflected from our order backlog of Rs.63,287 crore and order inflows of Rs.19,456 crore received till date in FY26. Our strong order book, diversified business mix, global capabilities and strong balance sheet gives us confidence to sustain growth momentum with improved margins going forward.”
Also read: Kalpataru Projects records FY26 YTD order inflow of nearly Rs.15,000 crore
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