Summary

Kalpataru Projects International Limited (KPIL) announced strong financial results for Q4 and the full year ended March 31, 2026, reporting its highest-ever revenue and profitability. For FY26, consolidated revenue surged by 22% year-on-year to ₹27,143 crores, accompanied by a 62% rise in PBT before exceptional items to ₹1,334 crores. The company also significantly reduced its consolidated net debt by 53% year-on-year to ₹915 crores. Q4 FY26 saw consolidated revenue grow 10% to ₹7,778 crores and EBITDA increase 19% to ₹640 crores, driven by strong execution and an improved project mix. The board recommended a dividend of ₹11 per share for the fiscal year, highlighting robust business visibility.

Key Highlights

1. 1

   Consolidated revenue for the full year FY26 grew by 22% year-on-year to ₹27,143 crores.

2. 2

   Consolidated PBT before exceptional items for FY26 increased by 62% year-on-year to ₹1,334 crores, with PBT Margin improving by 120 basis points to 4.9%.

3. 3

   The company's consolidated net debt sharply declined by 53% year-on-year to ₹915 crores as of March 31, 2026.

4. 4

   KPIL maintained a robust order book position of ₹65,457 crores, with an order intake of ₹26,400 crores for FY26.

5. 5

   For Q4 FY26, consolidated revenue grew 10% year-on-year to ₹7,778 crores, while EBITDA increased by 19% year-on-year to ₹640 crores.

6. 6

   The Board of Directors recommended a dividend of ₹11 per share for FY26.

7. 7

   The sale of Vindhyachal Road Asset (VEPL) was completed in Q4 FY26, leading to the resolution of a majority of non-core assets.