KPIL Secures Rs 29.57 bn Orders and Enters West Asia Water Market

06 Jul 2026 CW Team

Kalpataru Projects International Limited (KPIL) said it has secured new orders worth around Rs 29.57 billion (bn), including awards to its international subsidiaries. The company said the order win includes its first water infrastructure project in West Asia secured through a joint venture consortium and marks its entry into the region.

KPIL said the awards cover its power transmission and distribution business in domestic and overseas markets and its buildings and factories business in India. The managing director and chief executive officer, Manish Mohnot, said the T&D wins reinforce market leadership and that successive orders in buildings reflect capability and timely execution.

The company said the water project is a strategic milestone and that it sees significant growth potential in the Middle East. It added that a strongly diversified order book and business visibility support confidence in meeting growth targets for FY26–27.

In May the company had set a target of Rs 300 bn of order inflow for the current financial year and said this would boost the order book by Rs 650 bn–Rs 700 bn. KPIL reported annual consolidated revenue of Rs 271.43 bn in FY26, a 22 per cent year-on-year increase, while quarterly revenue rose 10 per cent to Rs 77.78 bn.

The company said it operates across power transmission and distribution, buildings and factories, water supply and treatment, railways, oil and gas infrastructure, urban mobility, highways and airports. It is executing projects in more than 25 countries and has a presence across over 75 countries spanning Asia, Africa, the Middle East, the Americas and Europe. The company previously set targets of about 15 per cent revenue growth and an improvement of 75 basis points in margins on both standalone and consolidated bases.

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