Kalpataru Projects International Ltd.

NSE: KPIL · Construction

₹1,370.80-0.04%06 Nov 2026

Ask the data

Instant answers about Kalpataru Projects International Ltd. — computed from its filings, no language model

Market cap₹23,413 cr

Current price₹1,370.80

High / Low₹1,458 / ₹1,018

P/E19.8

P/B2.76

Book value₹497.1

ROE14.0%

ROCE17.8%

Debt / equity0.32

Dividend yield0.66%

EPS (TTM)₹69.40

Face value₹2

Price & valuation

split & bonus adjusted · pick a metric and range

Annual performance

annual · ₹ crore · line = operating margin

showing latest 6 of 8 periods

	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26
Revenue	10,840	12,676	12,949	14,777	16,361	19,626	22,316	27,143
EBITDA	1,347	1,484	1,509	1,169	1,370	1,628	1,834	2,240
Operating margin	12.4%	11.7%	11.7%	7.9%	8.4%	8.3%	8.2%	8.3%
Interest	401	521	436	396	467	518	577	501
Depreciation	211	340	373	351	392	473	497	510
Profit before tax	779	671	977	696	642	701	823	1,371
Tax	274	258	283	161	207	185	256	340
Net profit	467	390	671	540	441	510	586	1,040
EPS ₹	30.42	25.25	44.25	36.28	29.06	31.37	35.53	60.90
Operating cash flow	—	—	—	714	656	843	914	1,534
Capex	—	—	—	309	771	352	575	810
Dividend paid	—	—	—	38	102	114	130	154
Total assets	14,148	15,779	15,354	17,212	19,581	22,038	25,584	27,713
Equity	3,119	3,358	3,738	4,279	4,720	5,138	6,513	7,777

Quarterly performance

last 31 quarters · ₹ crore

showing latest 8 of 31 periods

	MAR '19	JUN '19	SEP '19	DEC '19	MAR '20	JUN '20	SEP '20	DEC '20	MAR '21	JUN '21	SEP '21	DEC '21	MAR '22	JUN '22	SEP '22	DEC '22	MAR '23	JUN '23	SEP '23	DEC '23	MAR '24	JUN '24	SEP '24	DEC '24	MAR '25	JUN '25	SEP '25	DEC '25	MAR '26	JUN '26	SEP '26
Revenue	0	2,771	3,216	3,162	3,527	2,330	3,032	3,501	4,086	3,204	3,549	3,889	4,135	3,677	3,798	4,004	4,882	4,241	4,518	4,896	5,971	4,587	4,930	5,732	7,067	6,171	6,529	6,665	7,778	6,408	7,004
Operating profit	0	364	420	388	312	278	388	383	455	306	254	316	302	315	349	374	332	382	370	424	452	378	438	479	538	525	561	513	640	562	581
Operating margin	—	13.1%	13.1%	12.3%	8.8%	11.9%	12.8%	10.9%	11.1%	9.6%	7.2%	8.1%	7.3%	8.6%	9.2%	9.3%	6.8%	9.0%	8.2%	8.7%	7.6%	8.2%	8.9%	8.4%	7.6%	8.5%	8.6%	7.7%	8.2%	8.8%	8.3%
Other income	0	8	13	10	13	5	25	19	18	14	14	27	34	14	10	2	14	18	12	14	20	22	17	10	13	16	23	28	37	77	44
Interest	0	122	133	128	138	124	113	103	96	98	98	102	98	100	116	119	132	115	137	124	142	144	150	164	118	122	137	137	105	82	91
Depreciation	0	76	79	91	94	96	98	95	84	86	91	93	81	90	94	98	110	120	113	121	119	119	117	123	138	129	126	128	127	137	137
Profit before tax	0	174	221	176	100	63	198	410	293	136	64	348	157	127	144	159	212	165	132	193	211	137	188	202	296	290	322	247	511	420	398
Tax	0	61	76	39	82	26	59	102	96	49	-19	89	42	39	46	50	72	52	42	49	42	53	62	62	78	77	84	98	81	109	106
Net profit	0	100	132	127	31	45	144	308	174	80	83	270	107	81	86	118	156	115	89	141	165	93	126	142	225	214	240	152	434	310	289
EPS ₹	0.00	6.50	8.58	8.21	2.00	2.88	9.38	20.60	11.68	5.39	5.57	18.13	7.19	5.43	5.78	7.92	9.74	7.09	5.48	8.70	10.11	5.71	7.73	8.67	13.42	12.51	14.06	8.91	25.42	18.16	16.92
Revenue YoY	—	—	—	—	—	-15.9%	-5.7%	10.7%	15.8%	37.5%	17.1%	11.1%	1.2%	14.8%	7.0%	3.0%	18.1%	15.3%	19.0%	22.3%	22.3%	8.2%	9.1%	17.1%	18.4%	34.5%	32.4%	16.3%	10.1%	3.8%	7.3%
Profit YoY	—	—	—	—	—	-55.0%	9.1%	142.5%	461.3%	77.8%	-42.4%	-12.3%	-38.5%	1.2%	3.6%	-56.3%	45.8%	42.0%	3.5%	19.5%	5.8%	-19.1%	41.0%	0.7%	36.6%	129.7%	91.3%	7.2%	92.6%	45.1%	20.4%

Earlier results (standalone, Sep '07 – Dec '18)

₹ crore · from BSE, before the NSE XBRL filings begin

Kalpataru Projects International Ltd. reports consolidated figures above. Quarterly consolidated results only became mandatory in India in 2019, so the earlier history available is the standalone company only (excluding subsidiaries). It is shown separately so the two bases are never mixed.

Full years

showing latest 8 of 10 periods

	FY09†	FY10†	FY11†	FY12†	FY13†	FY14†	FY15†	FY16†	FY17†	FY18†
Revenue	1,884	2,597	2,847	3,030	3,335	4,055	4,422	4,365	5,011	5,778
Operating profit	207	305	336	321	322	386	427	467	529	631
Operating margin	11.0%	11.7%	11.8%	10.6%	9.7%	9.5%	9.6%	10.7%	10.6%	10.9%
Other income	29	33	46	54	48	48	52	51	49	48
Interest	89	72	80	103	122	146	141	128	98	103
Depreciation	27	38	46	48	52	70	85	84	78	77
Profit before tax	121	228	257	224	196	219	253	306	403	499
Tax	26	57	66	59	58	73	87	107	134	177
Net profit	94	170	191	165	138	146	166	200	269	322

Quarters

showing latest 8 of 46 periods

	SEP '07†	DEC '07†	MAR '08†	JUN '08†	SEP '08†	DEC '08†	MAR '09†	JUN '09†	SEP '09†	DEC '09†	MAR '10†	JUN '10†	SEP '10†	DEC '10†	MAR '11†	JUN '11†	SEP '11†	DEC '11†	MAR '12†	JUN '12†	SEP '12†	DEC '12†	MAR '13†	JUN '13†	SEP '13†	DEC '13†	MAR '14†	JUN '14†	SEP '14†	DEC '14†	MAR '15†	JUN '15†	SEP '15†	DEC '15†	MAR '16†	JUN '16†	SEP '16†	DEC '16†	MAR '17†	JUN '17†	SEP '17†	DEC '17†	MAR '18†	JUN '18†	SEP '18†	DEC '18†
Revenue	385	352	630	475	433	418	558	487	553	719	838	538	631	793	885	585	583	801	1,062	699	715	890	1,032	890	962	1,051	1,152	1,063	1,141	1,147	1,071	1,170	946	868	1,381	1,187	1,143	1,158	1,523	1,207	1,223	1,417	1,931	1,325	1,574	1,725
Operating profit	53	52	76	56	52	41	58	58	72	82	93	72	73	93	98	67	71	91	93	70	63	89	100	92	91	94	109	106	104	112	105	122	107	94	144	131	122	119	157	137	133	152	209	157	171	184
Operating margin	13.8%	14.8%	12.0%	11.8%	12.1%	9.9%	10.4%	12.0%	12.9%	11.4%	11.1%	13.4%	11.6%	11.7%	11.1%	11.4%	12.1%	11.3%	8.8%	10.1%	8.9%	10.0%	9.7%	10.3%	9.5%	8.9%	9.5%	10.0%	9.1%	9.7%	9.8%	10.5%	11.3%	10.8%	10.4%	11.0%	10.7%	10.3%	10.3%	11.4%	10.9%	10.7%	10.8%	11.9%	10.9%	10.7%
Other income	6	4	7	6	7	9	7	6	10	10	7	8	14	12	13	14	14	11	14	13	14	10	11	13	14	10	11	11	20	11	11	13	14	12	12	12	15	12	10	11	15	11	11	15	18	11
Interest	9	10	11	16	23	20	30	14	24	20	14	19	19	22	20	22	24	33	23	31	26	35	30	38	41	35	32	33	37	39	33	41	36	26	24	25	30	24	20	22	22	28	31	28	28	31
Depreciation	5	5	7	6	6	7	8	8	9	11	11	11	11	12	12	12	12	12	12	12	13	13	14	16	17	18	18	20	22	21	21	21	21	21	21	19	19	20	19	19	19	20	19	19	20	23
Profit before tax	45	41	64	40	30	23	27	43	49	61	75	50	57	70	79	47	48	57	72	40	39	50	66	51	47	51	70	64	64	63	62	74	63	59	111	99	88	87	128	108	107	115	170	125	140	141
Tax	13	11	14	11	8	3	4	11	12	17	17	13	16	19	17	14	14	16	15	13	12	15	18	16	16	18	23	22	22	22	22	26	22	20	39	34	30	30	39	37	35	40	65	44	49	49
Net profit	32	30	50	29	22	20	23	32	37	44	57	37	41	51	62	34	34	40	57	27	27	35	49	35	31	34	47	42	43	41	40	48	41	38	72	65	58	57	90	70	71	75	105	81	91	92
EPS ₹	12.13	11.43	19.01	10.94	8.42	7.53	8.74	12.10	13.93	16.63	21.66	12.68	2.69	3.33	4.02	2.19	2.23	2.63	3.70	1.78	1.73	2.29	3.17	2.26	2.02	2.20	3.06	2.73	2.78	2.67	2.61	3.15	2.67	2.48	4.69	4.21	3.77	3.72	5.84	4.59	4.66	4.90	6.83	5.28	5.95	6.00
Revenue YoY	—	—	—	—	12.3%	18.8%	-11.3%	2.6%	27.7%	72.0%	50.1%	10.4%	14.3%	10.3%	5.5%	8.7%	-7.6%	1.0%	20.0%	19.6%	22.5%	11.1%	-2.8%	27.2%	34.6%	18.2%	11.7%	19.5%	18.6%	9.1%	-7.0%	10.0%	-17.0%	-24.3%	28.9%	1.5%	20.8%	33.4%	10.3%	1.6%	7.0%	22.4%	26.9%	9.8%	28.7%	21.7%
Profit YoY	—	—	—	—	-30.6%	-34.1%	-54.0%	10.6%	65.6%	120.9%	148.2%	14.9%	12.1%	15.2%	7.3%	-8.8%	-17.2%	-20.6%	-7.8%	-18.6%	-22.5%	-12.8%	-14.3%	26.8%	16.8%	-4.1%	-3.3%	20.7%	37.8%	21.6%	-14.8%	15.6%	-3.9%	-7.0%	79.6%	33.3%	40.9%	49.9%	24.5%	9.2%	23.7%	31.7%	17.0%	15.0%	27.8%	22.3%

Returns & margins

trailing-twelve-month, per quarter

showing latest 8 of 28 periods

	DEC '19	MAR '20	JUN '20	SEP '20	DEC '20	MAR '21	JUN '21	SEP '21	DEC '21	MAR '22	JUN '22	SEP '22	DEC '22	MAR '23	JUN '23	SEP '23	DEC '23	MAR '24	JUN '24	SEP '24	DEC '24	MAR '25	JUN '25	SEP '25	DEC '25	MAR '26	JUN '26	SEP '26
ROE	11.5%	11.6%	10.0%	10.3%	15.7%	17.9%	18.9%	17.3%	16.2%	12.6%	12.6%	12.9%	9.3%	9.3%	10.1%	9.9%	10.4%	9.9%	9.5%	10.1%	10.1%	9.0%	10.8%	11.8%	11.9%	13.4%	14.6%	14.0%
ROCE	17.4%	19.0%	17.2%	16.5%	19.9%	20.3%	21.0%	18.8%	17.9%	13.8%	13.7%	14.1%	12.1%	13.2%	13.8%	13.5%	13.9%	13.5%	13.5%	13.0%	13.5%	13.1%	14.3%	14.2%	14.4%	16.9%	17.7%	17.8%
Net margin	3.9%	3.1%	2.7%	2.9%	4.3%	5.2%	5.1%	4.5%	4.1%	3.7%	3.5%	3.5%	2.5%	2.7%	2.8%	2.7%	2.7%	2.6%	2.4%	2.6%	2.5%	2.6%	3.0%	3.2%	3.1%	3.8%	4.2%	4.3%
EBITDA margin	12.8%	11.7%	11.4%	11.3%	11.0%	11.6%	11.1%	9.7%	9.0%	8.0%	7.8%	8.3%	8.6%	8.4%	8.5%	8.3%	8.1%	8.3%	8.1%	8.3%	8.2%	8.2%	8.3%	8.2%	8.1%	8.3%	8.3%	8.2%
Debt / equity	0.76	0.87	0.87	0.87	0.87	0.84	0.84	0.84	0.84	0.87	0.87	1.00	1.00	0.78	0.78	0.80	0.80	0.76	0.76	0.91	0.91	0.64	0.64	0.67	0.67	0.43	0.43	0.32
Interest coverage	2.49	2.29	2.07	2.07	2.61	3.21	3.53	3.29	3.13	2.78	2.75	2.87	2.36	2.37	2.41	2.33	2.38	2.35	2.23	2.30	2.23	2.43	2.76	3.05	3.25	3.74	4.26	4.81
Asset turnover	0.65	0.80	0.78	0.76	0.79	0.84	0.90	0.93	0.96	0.86	0.89	0.88	0.88	0.84	0.86	0.86	0.90	0.89	0.91	0.88	0.91	0.87	0.93	0.96	1.00	0.98	0.99	1.00

Balance sheet

equity vs borrowings over time · ₹ crore

showing latest 6 of 18 periods

	MAR '14‡	MAR '15‡	MAR '16‡	MAR '17‡	MAR '18‡	MAR '19‡	MAR '20‡	MAR '21‡	MAR '22‡	SEP '22	MAR '23	SEP '23	MAR '24	SEP '24	MAR '25	SEP '25	MAR '26	SEP '26
Share capital	31	31	31	31	31	31	31	30	30	30	32	32	32	32	34	34	34	34
Other equity / reserves	1,925	2,044	2,217	2,391	2,643	3,089	3,327	3,709	4,249	4,196	4,688	4,802	5,106	5,161	6,479	6,928	7,742	8,456
Total equity	1,956	2,074	2,247	2,422	2,673	3,119	3,358	3,738	4,279	4,226	4,720	4,834	5,138	5,194	6,513	6,962	7,777	8,490
Borrowings	2,539	3,441	2,688	2,574	2,990	2,362	2,929	3,153	3,709	4,215	3,683	3,871	3,910	4,743	4,189	4,635	3,307	2,690
Current liabilities	3,652	3,718	4,314	4,692	6,018	7,640	—	8,343	9,534	9,931	12,136	13,219	14,378	15,508	16,613	17,470	18,582	18,198
Non-current liabilities	2,085	2,891	2,770	2,957	3,564	3,228	—	3,152	3,260	3,357	2,287	2,121	2,138	2,157	2,172	1,742	1,390	1,032
Total assets	7,980	8,967	9,486	10,222	12,402	14,148	15,779	15,354	17,212	17,655	19,581	20,579	22,038	23,201	25,584	26,490	27,713	27,869
Property, plant & equipment	1,335	1,475	1,332	1,339	1,368	1,476	1,571	1,622	1,627	1,844	2,087	2,066	2,099	2,066	2,343	2,554	2,900	3,247
Capital work-in-progress	254	366	27	107	719	11	50	29	20	38	52	14	33	42	29	36	64	77
Investments	10	11	62	45	51	1	1	1	5	1	5	0	0	0	150	202	2	452
Inventories	1,229	1,218	881	933	992	1,116	1,209	1,071	1,096	1,205	1,228	1,347	1,353	1,545	1,429	1,805	1,776	1,878
Receivables	1,851	2,229	3,075	3,513	4,070	4,337	4,803	5,205	4,793	4,557	5,440	4,935	5,936	6,141	7,897	7,292	8,548	7,118
Cash & equivalents	117	138	153	246	263	228	499	538	1,062	537	956	525	1,009	705	1,602	769	1,512	1,579

Cash flow

annual · ₹ crore · line = free cash flow

showing latest 5 of 13 periods

	FY14‡	FY15‡	FY16‡	FY17‡	FY18‡	FY19‡	FY20‡	FY21‡	FY22	FY23	FY24	FY25	FY26
Cash from operations	169	72	1,104	766	650	1,035	937	931	714	656	843	914	1,534
Cash from investing	-786	-607	-386	-233	-700	-836	-747	8	-214	-326	-263	-718	-0
Cash from financing	635	550	-726	-439	66	-219	40	-897	24	-438	-524	400	-1,636
Capex	654	273	370	238	683	—	—	—	309	771	352	575	810
Free cash flow	-485	-201	734	528	-34	—	—	—	405	-115	491	339	724
Dividends paid	23	23	55	1	37	47	121	127	38	102	114	130	154

Where the assets sit

Sep '26 · ₹ crore

Fixed assets (PPE)

₹3,247 cr12%

CWIP

₹77 cr0%

Investments

₹452 cr2%

Inventories

₹1,878 cr7%

Receivables

₹7,118 cr26%

Cash & equivalents

₹1,579 cr6%

Other assets

₹13,519 cr49%

Peer comparison

largest in Construction · this company in bold

Company	Market cap ₹cr	Price	P/E	P/B	ROE
Larsen & Toubro Ltd.	5,66,554	4,117.70	31.7	5.01	15.8%
Rail Vikas Nigam Ltd.	40,312	193.34	44.8	4.10	9.2%
Kalpataru Projects International Ltd.	23,413	1,370.80	19.8	2.76	14.0%
Cemindia Projects Ltd.	22,734	1,323.30	47.0	8.68	18.5%
NBCC (India) Ltd.	21,184	78.00	26.6	6.59	24.7%
IRB Infrastructure Developers Ltd.	20,557	17.02	19.1	0.97	5.0%
Engineers India Ltd.	16,451	292.70	18.3	4.92	26.9%
Techno Electric & Engineering Company Ltd.	10,798	928.50	25.1	2.60	10.4%
IRCON International Ltd.	10,173	108.17	20.9	1.50	7.2%
RITES Ltd.	9,358	194.72	23.1	3.52	15.2%

StoxGud checklist: Neutral setup · 6/10

Price above 50-day average
Price above 200-day average
50-day average above 200-day (uptrend)
RSI in healthy 40–70 zone
Positive 1-year return
Return on equity above 15%
Debt to equity below 1
Revenue growing year on year
Net profit margin above 10%
P/E below industry median

A rules-based screen of trend, momentum, quality and valuation. Educational only — not a buy or sell recommendation.

Returns & technicals

1 month-6.0%

6 months+5.6%

1 year+8.9%

3Y CAGR+30.6%

5Y CAGR+26.7%

10Y CAGR+18.8%

50-day avg₹1,383.04

200-day avg₹1,272.61

RSI (14)51

Compare Kalpataru Projects International Ltd. with

Larsen & Toubro vs Kalpataru Projects International Rail Vikas Nigam vs Kalpataru Projects International Kalpataru Projects International vs Cemindia Projects Kalpataru Projects International vs NBCC (India)Kalpataru Projects International vs IRB Infrastructure Developers Kalpataru Projects International vs Engineers India

FAQs

What is the share price of Kalpataru Projects International Ltd.?

Kalpataru Projects International Ltd. (KPIL) closed at ₹1,370.80 on NSE on 06 Nov 2026.

What is the market cap of Kalpataru Projects International Ltd.?

₹23,413 crore at the latest close.

What is the P/E ratio of Kalpataru Projects International Ltd.?

19.8, on trailing-twelve-month earnings from its filings.

How fast is Kalpataru Projects International Ltd. growing?

Kalpataru Projects International Ltd.: revenue has compounded at 18.4% a year over three years; net profit at 33.1% a year. Latest-quarter revenue is up 7.3% year on year, profit up 20.4%.

How profitable is Kalpataru Projects International Ltd.?

On a trailing-twelve-month basis return on equity is 14.0%, return on capital employed 17.8%, operating margin 8.2%, net margin 4.3%.

How much debt does Kalpataru Projects International Ltd. have?

Kalpataru Projects International Ltd. is lightly geared: debt to equity is 0.32 with borrowings of ₹2,690 cr against cash of ₹1,579 cr (balance sheet of 2026-09-30). Operating profit covers interest 4.8 times.

Financials parsed from Kalpataru Projects International Ltd.'s own XBRL filings to NSE (consolidated), ₹ crore unless marked. Quarterly from MAR '19, annual from FY19, balance sheet from Mar '14. * = derived (full year or half year minus earlier quarters). ‡ = balance sheet / cash flow read from the company's published annual report (same basis), for years before the NSE filings carry them; each one checked to add up. Information only, not investment advice.