KPIL Bags Rs 7.19 Billion Orders, Thane Metro Included

06 Jan 2026 CW Team

Kalpataru Projects International Limited said it, along with its joint venture, has secured new orders and notifications of award totalling about Rs 7.19 billion, according to a regulatory filing dated January 1, 2026. The orders were received in the normal course of business and disclosed in compliance with listing regulations.

KPIL operates as a global engineering, procurement and construction company across power transmission and distribution, buildings and factories, water supply and irrigation, railways, oil and gas pipelines, urban mobility, highways and airports. The company is currently executing projects in more than 30 countries and has a presence across 75 countries.

A key component of the latest order intake is an elevated metro rail project in Thane, Maharashtra, awarded under KPIL’s urban infrastructure business. The project adds to the company’s urban mobility portfolio, which includes metro rail, flyovers and transport-related EPC works across India. With this win, KPIL has expanded its footprint in Maharashtra and strengthened its execution presence in state-level transport infrastructure.

Commenting on the development, Manish Mohnot said the order win further consolidates the company’s position in the urban transportation EPC space. He added that KPIL’s diversified order book and execution capabilities enable it to deliver projects across multiple infrastructure verticals.

Following the announcement, KPIL shares traded higher. At 12:58 pm IST on the National Stock Exchange of India, the stock was trading at Rs 346.15, up Rs 10.35 or 3.08 per cent from the previous close. The stock opened at Rs 344.00, with a market capitalisation of about Rs 71.3 billion. The shares have a 52-week high of Rs 457.40 and a low of Rs 325.40.

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