Kalpataru Projects International Limited — PPTs, 07-08-2025: Investor Presentation

Here's the summary for retail investors:

**Financial Highlights:**

KPIL's Q1 FY26 saw consolidated revenue jump 35% YoY to ₹6,171 Cr. EBITDA grew 39% to ₹525 Cr (8.5% margin); PBT surged 112% to ₹290 Cr (4.7% margin). Net Debt reduced 26% YoY to ₹2,765 Cr. The order book is robust at ₹65,475 Cr, with ₹9,899 Cr in new orders, ensuring strong revenue visibility.

**Strategic Initiatives & Growth Drivers:**

KPIL is evaluating IPO options for its LMG subsidiary to unlock value; Vindyachal Expressway divestment is on track for FY26. The company is exploring new opportunities in high-speed rail and pump storage, while actively pursuing ambitious carbon and water neutrality goals.

**Business Developments:**

Strong execution across T&D, B&F, Oil & Gas, and Urban Infra drove performance. KPIL secured its largest-ever B&F order (>₹2,500 Cr) and boosted its Middle East T&D presence. The water business, however, faced headwinds due to delayed fund flows.

**Market Position & Competitive Advantage:**

KPIL boasts a diversified EPC portfolio in high-growth verticals, vast global reach, and proven execution capabilities. Its strong financial health and seasoned management team provide a competitive edge in complex project delivery.

**Investor Implications:**

The solid Q1 performance, healthy order book, and improved debt position signal positive growth potential. Investors should monitor strategic divestments (LMG, Vindyachal) and the recovery of the water business for future impact.