Kalpataru Projects International records Rs.26,400 crore order inflow in FY26, power T&D dominates
- May 15, 2026
Kalpataru Projects International Ltd (KPIL) has reported order inflows of Rs.26,400 crore during FY26 (April 1, 2025 to March 31, 2026) with the power T&D segment dominating with a share of 49 per cent.
Based on information previously released by the company, it is found that KPIL’s order inflows in FY26 were 3.6 per cent higher than the comparable Rs.25,475 crore in FY25.
In FY26, KPIL’s order inflow was boosted by a significant growth in the building & factories (B&F) segment where order intake in FY26, at Rs.11,460 crore was 40 per cent higher than the corresponding Rs.8225 crore in FY25.
On the other hand, the power T&D segment saw a decline in order inflows – from Rs.14,461 crore in FY25 to Rs.12,931 crore. (See table)
From a geographical perspective, KPIL’s FY26 order inflow had 32 per cent coming from international mandates. In the power T&D segment, regions like Africa, Middle East and South America dominated the international order inflow in FY26.
Order book
As of March 31, 2026, KPIL’s consolidated order book, at Rs.65,457 crore, was just a shade higher than the corresponding Rs.64,495 crore as of March 31, 2025. Power T&D dominated with a share of 44 per cent, as against 41 per cent in the previous year.
The “consolidated” order book refers to that of KPIL along with its domestic and international subsidiaries.
Overseas T&D subsidiaries
KPIL’s international subsidiary in Sweden – LMG – reported an order book of Rs.3,258 crore as of March 31, 2026, significantly higher than the comparable Rs.1,842 crore as of March 31, 2025.
KPIL announced that its Brazilian subsidiary Fasttel closed all its projects, reporting a nil order book, as of March 31, 2026. It may be recalled that KPIL, on March 6, 2026, disclosed that Fasttel, on March 5, 2026, submitted an application for “Judicial Reorganization” before the competent authority in Brazil.
Judicial Reorganization (or Recuperacao Judicial, RJ) is a collective restructuring procedure through which the debtor submits the reorganization plan to its various class of creditors and subject to approval at the class creditors’ meeting and subsequent judicial confirmation, the reorganization plan is implemented, ensuring business continuity.
Agile business model
According to Manish Mohnot, MD & CEO, KPIL, “The strong performance reported in FY26 stands as a testament to an agile business model rooted in profitable growth, consistent execution, and disciplined working capital management. By meeting our revenue and profitability targets while fortifying our balance sheet, we have structurally enhanced our competitive positioning and solidified our leadership in the high-growth EPC verticals.”
Performance in FY27
During the current year, FY27, so far (April 1, 2026 to around May 14, 2026), KPIL witnessed order inflow of Rs.1,833 crore. The company was also favourably placed (including L positions) in orders valued at around Rs.3,200 crore.
Also read: Kalpataru Projects wins new power T&D orders worth over Rs.4,400 crore
Editor’s note: Figures for FY25 used in this story have been sourced from information previously released by KPIL. Retrospective revisions, if any, have not been accounted for.
Featured photograph (source: KPIL) is for representation only