Kalpataru Projects Q4 Results: Net Profit Surges 37%; Dividend Declared
The board of Kalpataru Projects has proposed a dividend of Rs 9 per share for the fiscal year 2025.
Kalpataru Projects International Ltd.'s consolidated net profit soared 37% in the quarter ended March 31, 2025, according to an exchange filing on Friday.
The company recorded a bottomline of Rs 225.4 crore in the January- March period as compared to Rs 164.4 crore in the year ago period, it said.
The engineering and construction firm's board has proposed a dividend of Rs 9 per share at a face value of Rs 2 each for the fiscal year 2025.
Kalpataru Projects International Q4FY25 (Consolidated YoY)
Revenue up 18.3% to Rs 7,066.8 crore versus Rs 5,971.3 crore.
Net profit up 37% to Rs 225.4 crore versus Rs 164.4 crore.
Ebitda up 19% to Rs 537.8 crore versus Rs 452.2 crore.
Margin flat at 7.6%.
FY25 Performance
For the financial year 2025, the consolidated revenue of Kalpataru Projects reached Rs 22,316 crore, marking a 14% growth as compared to the preceding fiscal.
The net profit came in Rs 585.7 crore, up 15% as compared to Rs 509.6 crore in fiscal 2024.
The operating profit, or the earnings before interest, taxes, depreciation and amortisation, rose 13% year-on-year to Rs 1,834 crore, as per a press release.
The company's net debt stood at Rs 1,953 crore as on March 31, 2025, it added.
"Our closing order book stands at historic high of Rs 64,495 crore on back of strong order inflows of Rs 25,475 crore, more importantly majority of these orders are at better margins and contributed by our flagship T&D and B&F business," said Manish Mohnot, the company's managing director and chief executive officer.
The fiscal 2026 provides the company with "strong business visibility" in the domestic and international markets backed by global focus on energy transition and creation of sustainable infrastructure, he added.
The company expects to improve the revenue growth trajectory on back of "strong order backlog and proven execution capabilities", Mohnot further said, while noting that "we will also continue to maintain steadfast focus on improving our return ratios and pursue margin enhancement while maintaining the robustness of our balance sheet“.
Shares of Kalpataru Projects on Friday closed 3.05% higher at Rs 1,093 apiece on the National Stock Exchange, compared to a 0.17% rise in the benchmark Nifty 50. The results were declared after the market hours.
The stock has fallen 8.79% in the last 12 months and 15.68% on a year-to-date basis.
Out of the 17 analysts tracking the company, 15 have a 'buy' rating on the stock and two recommend 'hold', according to Bloomberg data. The average of 12-month analysts' price target implies a potential upside of 11.8%.
