KALPATARU PROJECTS INTERNATIONAL LIMITED

BSE: KPIL522287ISIN INE220B01022

Industrials
Civil Construction
BSE 500

BSE listing

Share price

₹1,447.10+47.60 (+3.40%)

as of 18 Sep 2026

52W high: ₹1,499.75
52W low: ₹1,007.90
Off 52W high: -3.51%
1M return: +5.09%
3M return: +3.51%
6M return: +34.95%
1Y return: +14.36%
20D avg volume: 1,30,269
50 DMA: ₹1,356.76
200 DMA: ₹1,239.77

Key ratios Consolidated

Market cap: ₹24,712 Cr
Current price: ₹1,447.10
52W high / low: ₹1,499.75 / ₹1,007.90
Face value: ₹2.00
P/E: 21.90
P/B: —
EPS (TTM): ₹66.09
Book value / share: —
ROE: —
ROCE: 20.50%
Operating margin: —
Net margin: —
Debt / equity: 0.43
Net debt: ₹1,795 Cr
Interest cover: 3.74
Dividend yield: 0.76%
Dividend / share (TTM): ₹11.00
Payout: 16.64%
Cash conversion cycle: 41.8 days

Financials

Metric	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24	Q2 FY24
Income statement
	6,408	7,778	6,665	6,529	6,171	7,067	5,732	4,930	4,587	5,971	4,896	4,518
	77.20	36.79	28.34	23.39	16.35	13.16	10.28	17.05	22.00	20.00	14.00	12.00
	6,065	7,369	6,417	6,230	5,897	6,784	5,541	4,759	4,472	5,780	4,717	4,398
	1,948	2,739	2,203	2,386	2,069	2,791	2,133	1,871	1,790	2,553	1,982	2,009
	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—	—	—
	701.43	662.95	609.79	709.45	668.24	615.30	554.43	501.91	442.00	447.00	448.00	413.00
	81.98	104.66	136.94	136.95	122.03	117.57	164.37	150.14	144.00	142.00	124.00	137.00
	136.62	127.08	127.58	126.31	129.15	137.66	123.10	117.24	119.00	119.00	121.00	113.00
	3,234	3,699	3,362	2,898	2,953	3,082	408.60	261.50	297.00	596.00	309.00	299.00
	420.47	445.29	276.97	321.59	290.22	295.69	202.02	188.02	137.00	211.00	193.00	132.00
	0.00	66.06	-29.48	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	420.47	511.35	247.49	321.59	290.22	295.69	202.02	188.02	137.00	211.00	193.00	132.00
	108.94	80.75	98.44	84.20	76.63	77.52	62.43	62.46	53.00	42.00	49.00	42.00
	311.53	430.60	149.05	237.39	213.59	218.17	139.59	125.56	84.00	169.00	144.00	90.00
	18.16	25.42	8.91	14.06	12.51	13.42	8.67	7.73	5.71	10.11	8.70	5.48
Key metrics
	639.07	743.09	512.01	584.85	541.40	550.92	489.49	455.40	400.00	472.00	438.00	382.00
	10.00%	9.60%	7.70%	9.00%	8.80%	7.80%	8.50%	9.20%	8.70%	7.90%	8.90%	8.50%
	4.90%	5.50%	2.20%	3.60%	3.50%	3.10%	2.40%	2.50%	1.80%	2.80%	2.90%	2.00%
	—	6.70%	—	5.10%	—	4.60%	—	—	—	—	—	—
	3.80%	10.10%	16.30%	32.40%	34.50%	18.40%	17.10%	9.10%	—	—	—	—
	45.90%	97.40%	6.80%	89.10%	154.30%	29.10%	-3.10%	39.50%	—	—	—	—

Metric	TTM	FY26	FY25	FY24	FY23	FY22	FY21	FY20	FY19	FY18	FY17
Income statement
	27,380	27,143	22,316	19,626	16,361	14,777	12,949	12,676	10,840	8,742	7,629
	165.72	104.87	62.48	64.00	40.00	89.00	67.00	44.00	44.13	25.31	24.00
	26,081	25,914	21,555	18,989	15,850	14,355	12,249	12,053	10,105	8,289	7,327
	9,276	9,397	8,585	8,187	6,984	6,421	4,745	5,330	4,470	3,767	2,930
	0.00	0.00	0.00	—	—	—	—	—	—	—	—
	2,684	2,650	2,113	1,718	1,447	1,299	1,042	997.00	788.53	638.15	549.83
	460.53	500.58	576.53	518.00	467.00	396.00	436.00	521.00	401.05	377.69	384.49
	517.59	510.12	497.27	473.00	392.00	351.00	373.00	340.00	210.94	—	180.53
	13,193	12,913	9,787	1,480	1,157	1,055	1,086	870.00	822.87	849.54	—
	1,464	1,334	822.80	701.00	551.00	511.00	767.00	667.00	779.35	477.77	326.40
	36.58	36.58	0.00	0.00	91.00	185.00	210.00	4.00	0.00	0.00	0.00
	1,501	1,371	822.80	701.00	642.00	696.00	977.00	671.00	779.35	477.77	326.40
	372.33	340.02	255.53	185.00	207.00	161.00	283.00	258.00	274.16	182.66	137.50
	1,129	1,031	567.27	516.00	435.00	535.00	662.00	390.00	487.09	278.27	157.30
	66.55	60.90	35.53	31.37	29.06	36.28	44.25	25.25	30.42	—	—
Key metrics
	2,479	2,381	1,897	1,692	1,501	1,443	1,786	1,532	1,391	855.46	891.42
	9.05%	8.80%	8.50%	8.60%	9.20%	9.80%	13.80%	12.10%	12.80%	9.80%	11.70%
	4.12%	3.80%	2.50%	2.60%	2.70%	3.60%	5.10%	3.10%	4.50%	3.20%	2.10%
	—	20.50%	15.60%	—	—	—	—	—	—	—	—
	—	21.60%	13.70%	20.00%	10.70%	14.10%	2.20%	16.90%	24.00%	14.60%	—
	—	81.70%	9.90%	18.60%	-18.70%	-19.20%	69.70%	-19.90%	75.00%	76.90%	—
	—	724.05	339.33	—	—	—	—	—	—	—	—
	—	1.49	1.61	—	—	—	—	—	—	—	—
	—	0.43	0.65	—	—	—	—	—	—	—	—
	—	1,795	2,587	—	—	—	—	—	—	—	—
	—	41.8	43.5	—	—	—	—	—	—	—	—
Balance sheet
	—	27,713	25,584	—	—	—	—	—	—	—	—
	—	22,942	20,487	—	—	—	—	—	—	—	—
	—	1,512	1,602	—	—	—	—	—	—	—	—
	—	8,405	7,817	—	—	—	—	—	—	—	—
	—	1,776	1,429	—	—	—	—	—	—	—	—
	—	10,081	8,668	—	—	—	—	—	—	—	—
	—	2,900	2,343	—	—	—	—	—	—	—	—
	—	7,071	6,588	—	—	—	—	—	—	—	—
	—	18,582	16,613	—	—	—	—	—	—	—	—
	—	3,307	4,189	—	—	—	—	—	—	—	—
	—	2,696	2,721	—	—	—	—	—	—	—	—
	—	611.31	1,467	—	—	—	—	—	—	—	—
	—	7,733	6,469	—	—	—	—	—	—	—	—
Cash flow
	—	1,534	913.95	—	—	—	—	—	—	—	—
	—	-0.32	-718.50	—	—	—	—	—	—	—	—
	—	-1,636	399.66	—	—	—	—	—	—	—	—
	—	810.33	574.62	—	—	—	—	—	—	—	—

Metric	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24	Q2 FY24
Income statement
	5,482	6,964	5,788	5,419	5,040	6,204	4,826	4,136	3,722	5,147	4,147	3,844
	52.41	160.34	25.52	24.22	23.38	23.50	18.54	26.41	29.00	32.00	27.00	25.00
	5,173	6,485	5,499	5,171	4,789	5,864	4,627	3,979	3,587	4,934	3,980	3,708
	1,700	2,457	2,040	2,101	1,741	2,502	1,951	1,699	1,503	2,213	1,722	1,773
	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—	—	—
	518.98	488.66	442.31	460.15	427.28	408.05	348.12	327.03	312.00	315.00	299.00	280.00
	67.66	89.00	92.55	102.49	83.99	87.73	107.05	99.82	86.00	94.00	83.00	85.00
	111.68	104.10	100.50	96.61	93.62	94.88	95.64	91.44	93.00	93.00	94.00	88.00
	2,812	3,310	2,846	2,438	2,488	2,729	329.12	206.28	243.00	496.00	263.00	226.00
	360.95	639.10	313.75	272.28	274.15	364.08	217.72	183.61	164.00	245.00	194.00	161.00
	0.00	-326.68	-29.48	0.00	0.00	-33.00	—	—	—	-35.00	—	—
	360.95	312.42	284.27	272.28	274.15	331.08	217.72	183.61	164.00	210.00	194.00	161.00
	95.59	92.58	73.03	72.37	73.39	89.44	60.37	51.29	47.00	60.00	50.00	47.00
	265.36	219.84	211.24	199.91	200.76	241.64	157.35	132.32	117.00	150.00	144.00	114.00
	15.54	12.88	12.37	11.70	11.76	14.36	9.61	8.16	7.17	9.21	8.83	7.04
Key metrics
	540.29	505.52	477.32	471.38	451.76	513.69	420.41	374.87	343.00	397.00	371.00	334.00
	9.90%	7.30%	8.20%	8.70%	9.00%	8.30%	8.70%	9.10%	9.20%	7.70%	8.90%	8.70%
	4.80%	3.20%	3.60%	3.70%	4.00%	3.90%	3.30%	3.20%	3.10%	2.90%	3.50%	3.00%
	—	4.40%	—	4.40%	—	4.80%	—	—	—	—	—	—
	8.80%	12.20%	19.90%	31.00%	35.40%	20.50%	16.40%	7.60%	—	—	—	—
	32.20%	-9.00%	34.20%	51.10%	71.60%	61.10%	9.30%	16.10%	—	—	—	—

Metric	TTM	FY26	FY25	FY24	FY23	FY22	FY21	FY20	FY19	FY18	FY17
Income statement
	23,652	23,210	18,888	16,760	14,337	7,062	7,671	7,904	7,115	5,778	5,011
	262.49	233.46	97.94	113.00	112.00	81.00	79.00	58.00	51.20	48.01	49.34
	22,329	21,944	18,056	16,099	13,765	6,638	7,087	7,320	6,542	5,327	4,658
	8,298	8,338	7,655	7,201	6,488	2,950	2,775	3,330	2,949	2,642	2,034
	0.00	0.00	0.00	—	—	—	—	—	—	—	—
	1,910	1,818	1,396	1,194	1,034	514.00	551.00	526.00	454.10	348.74	—
	351.70	368.03	380.65	337.00	294.00	124.00	109.00	166.00	119.01	103.29	98.18
	412.89	394.83	374.85	368.00	295.00	105.00	115.00	110.00	85.99	76.60	77.70
	11,406	11,082	8,254	1,202	971.00	611.00	768.00	615.00	633.10	639.71	—
	1,586	1,499	929.43	774.00	684.00	505.00	663.00	642.00	624.39	499.34	402.58
	-356.16	-356.16	-33.00	-35.00	54.00	217.00	168.00	24.00	—	—	—
	1,230	1,143	896.43	739.00	738.00	722.00	831.00	666.00	624.39	499.34	402.58
	333.57	311.37	248.48	206.00	207.00	207.00	216.00	203.00	223.09	177.34	133.50
	896.35	831.75	647.95	533.00	531.00	515.00	615.00	463.00	401.30	322.00	269.08
	52.49	48.71	39.30	32.81	32.69	34.61	40.57	30.02	26.15	—	—
Key metrics
	1,995	1,906	1,652	1,444	1,327	951.00	1,055	942.00	829.39	679.23	578.46
	8.43%	8.20%	8.70%	8.60%	9.30%	13.50%	13.80%	11.90%	11.70%	11.80%	11.50%
	3.79%	3.60%	3.40%	3.20%	3.70%	7.30%	8.00%	5.90%	5.60%	5.60%	5.40%
	—	16.70%	14.80%	—	—	—	—	—	—	—	—
	—	22.90%	12.70%	16.90%	103.00%	-7.90%	-2.90%	11.10%	23.10%	15.30%	—
	—	28.40%	21.60%	0.40%	3.10%	-16.30%	32.80%	15.40%	24.60%	19.70%	—
	—	14.65	239.68	—	—	—	—	—	—	—	—
	—	0.92	1.29	—	—	—	—	—	—	—	—
	—	0.35	0.47	—	—	—	—	—	—	—	—
	—	1,618	1,959	—	—	—	—	—	—	—	—
	—	49.5	48.3	—	—	—	—	—	—	—	—
Balance sheet
	—	25,338	23,466	—	—	—	—	—	—	—	—
	—	20,917	19,166	—	—	—	—	—	—	—	—
	—	1,222	1,433	—	—	—	—	—	—	—	—
	—	7,839	7,218	—	—	—	—	—	—	—	—
	—	1,763	1,371	—	—	—	—	—	—	—	—
	—	8,688	7,668	—	—	—	—	—	—	—	—
	—	2,278	1,782	—	—	—	—	—	—	—	—
	—	6,453	6,092	—	—	—	—	—	—	—	—
	—	16,264	14,827	—	—	—	—	—	—	—	—
	—	2,840	3,392	—	—	—	—	—	—	—	—
	—	2,274	2,110	—	—	—	—	—	—	—	—
	—	565.62	1,283	—	—	—	—	—	—	—	—
	—	8,215	7,185	—	—	—	—	—	—	—	—
Cash flow
	—	764.46	837.07	—	—	—	—	—	—	—	—
	—	159.24	-774.04	—	—	—	—	—	—	—	—
	—	-1,137	542.41	—	—	—	—	—	—	—	—
	—	749.81	597.39	—	—	—	—	—	—	—	—

Compounded growth

Standalone

Sales CAGR 3Y: +17.42%
Sales CAGR 5Y: +24.79%
Sales CAGR 10Y: —
Profit CAGR 3Y: +16.14%
Profit CAGR 5Y: +6.22%
Profit CAGR 10Y: —
Sales YoY (TTM): +17.06%
Profit YoY (TTM): +22.44%

Consolidated

Sales CAGR 3Y: +18.38%
Sales CAGR 5Y: +15.95%
Sales CAGR 10Y: —
Profit CAGR 3Y: +33.31%
Profit CAGR 5Y: +9.26%
Profit CAGR 10Y: —
Sales YoY (TTM): +14.56%
Profit YoY (TTM): +61.94%

Compounded from reported annual figures. We publish no share-price CAGR: our prices are as-traded, so one would be wrong across every split and bonus issue.

Shareholding as of 30 Jun 2026

Promoter holding: 33.57%

Holder	Type	Holding	Previous	Change
K C Holdings Pvt Ltd	Promoter Group	12.17%	—	—
Mofatraj Pukhraj Munot	Promoter	9.57%	—	—
Sbi Small Cap Fund	Public	9.11%	—	—
Hdfc Small Cap Fund	Public	8.53%	—	—
Kalpataru Constructions Private Limited	Promoter Group	8.00%	—	—
Icici Prudential Equity & Debt Fund	Public	6.89%	—	—
Kotak Small Cap Fund	Public	5.92%	—	—
Nippon Life India Trustee Ltd-A/C Nippon India Small Cap Fund	Public	2.65%	—	—
Mirae Asset Large Cap Fund	Public	2.28%	—	—
Axis Mutual Fund Trustee Limited A/C Axis Mutual Fund A/C Axis Small Cap Fund	Public	1.49%	—	—
Icici Prudential Life Insurance Company Limited	Public	1.42%	—	—
Dsp Small Cap Fund	Public	1.20%	—	—
The Master Trust Bank Of Japan, Ltd. As Trustee Of Hsbc India Infrastructure Equity Mother Fund	Public	1.03%	—	—
Late Tara Kanga	Promoter Group	1.02%	—	—
Sunita Vijay Choraria	Promoter Group	0.51%	—	—

Public shareholders are disclosed individually only above 1%.

Filings & corporate actions

Recent announcements

Intimation of ESG rating by Niche Ninety Nine Capability and Certifications (OPC) Private Limited under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 201518 Sep 2026 · Company Update / General
Approval of Prospectus by the Board of LMG and Swedish Financial Supervisory Authority16 Sep 2026 · Company Update / General
Initial public offering of equity shares of Linjemontage I Grastorp AB, a (96.12%) first level step down material subsidiary of the company9 Sep 2026 · Company Update / General
Intimation of ESG rating by NSE Sustainability Ratings & Analytics Limited under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) ....2 Sep 2026 · Company Update / General
Disclosure under regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 - Incorporation of a Step-down subsidiary1 Sep 2026 · Company Update / Acquisition
Transcript of Earnings conference call held on Unaudited Financial Results (Consolidated and Standalone) for the quarter ended 30th June, 202614 Aug 2026 · Company Update / Earnings Call Transcript
Disclosure under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 201514 Aug 2026 · Company Update / General
Submission of Newspaper Advertisement related to special window for transfer and dematerialisation of physical securities14 Aug 2026 · Company Update / Newspaper Publication
Press Release - KPIL AWARDED NEW ORDERS OF RS. 3526 CRORES14 Aug 2026 · Company Update / Award of Order / Receipt of Order
Audio Recording of Earnings Conference Call held for the Unaudited Financial Results (Consolidated and Standalone) for the quarter 30th June, 202611 Aug 2026 · Company Update / Analyst / Investor Meet
Financial Results for the quarter ended 30th June, 2026 - Press Release11 Aug 2026 · Company Update / Press Release / Media Release
Investors/Analyst Presentation11 Aug 2026 · Company Update / Investor Presentation
Outcome of Board meeting held on 11th August, 202611 Aug 2026 · Company Update / General
Outcome of Board Meeting held on 11th August, 202611 Aug 2026 · Company Update / General
Consolidated and Standalone Unaudited Financial Results for the quarter ended 30th June, 202611 Aug 2026 · Board Meeting / Outcome of Board Meeting
Consolidated and Standalone Unaudited Financial Results for the quarter ended 30th June, 202611 Aug 2026 · Result / Financial Results
Disclosure under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 20156 Aug 2026 · Company Update / General
Intimation of schedule of Analyst / Institutional Investor Meet under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 20156 Aug 2026 · Company Update / Analyst / Investor Meet
Conference Call on Unaudited Financial Results for the quarter ended on 30th June, 20264 Aug 2026 · Company Update / Analyst / Investor Meet
Kalpataru Projects International Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 11/08/2026 ,inter alia, to consider and approve Unaudited ....4 Aug 2026 · Board Meeting / Board Meeting
This is to inform that the tenure of Dr. Shailendra Raj Mehta (DIN: 02132246) as an Independent Director of the Company has ended on 02nd August, 2026 and accordingly, he ceased to be an ....3 Aug 2026 · Company Update / Change in Directorate
Disclosure under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 202529 Jul 2026 · Company Update / General
Intimation under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 201529 Jul 2026 · Company Update / General
Intimation of ESG rating by ESG Risk Assessments & Insights Limited under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, ....28 Jul 2026 · Company Update / General
Intimation of ESG rating by Crisil ESG Ratings & Analytics Limited under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 201527 Jul 2026 · Company Update / General
Disclosure under Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 201524 Jul 2026 · Company Update / General
Summary of Proceedings, Voting Results and Scrutinizer''s Report for the 45th Annual General Meeting of the Company.15 Jul 2026 · AGM/EGM / AGM
Summary of Proceedings, Voting Results and Scrutinizer''s Report of the 45th Annual General Meeting held on July 15, 202615 Jul 2026 · AGM/EGM / AGM
Certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 20186 Jul 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Intimation of Credit Rating by India Ratings & Research Private Limited3 Jul 2026 · Company Update / Credit Rating
Press Release - KPIL AWARDED NEW ORDERS OF RS. 2957 CRORES30 Jun 2026 · Company Update / Award of Order / Receipt of Order
Intimation of closure of Trading Window26 Jun 2026 · Insider Trading / SAST / Closure of Trading Window
Disclosure under Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 - Intimation of completion of disinvestment ....25 Jun 2026 · Company Update / Diversification / Disinvestment
Submission of Newspaper Advertisement related to Annual General Meeting and E-voting related information23 Jun 2026 · Company Update / Newspaper Publication
Letter to Members under Regulation 36(1)(b) of SEBI (LODR) Regulations, 201522 Jun 2026 · Company Update / General
Business Responsibility and Sustainability Report for FY 2025-2622 Jun 2026 · Others / Business Responsibility and Sustainability Reporting (BRSR)
Integrated Annual Report for the F.Y. 2025-26 along with Notice of 45th Annual General Meeting of the Company22 Jun 2026 · Others / Reg. 34 (1) Annual Report
Notice of 45th Annual General Meeting of the Company scheduled to be held on 15th July, 202622 Jun 2026 · AGM/EGM / AGM
The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for ICICI Prudential Mutual Fund18 Jun 2026 · Insider Trading / SAST / Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011
Submission of Newspaper Advertisement related to Annual General Meeting, record date and other related information16 Jun 2026 · Company Update / Newspaper Publication

Corporate actions

Purpose	Ex date	Record date	Payment date
Final Dividend - Rs. - 11.0000	29 Jun 2026	29 Jun 2026	—
Final Dividend - Rs. - 9.0000	23 Jun 2025	23 Jun 2025	—
Final Dividend - Rs. - 8.0000	28 Jun 2024	28 Jun 2024	—

Board meetings

11 Aug 2026 Board Meeting - Financial Results