Kalpataru Projects International Limited (IN:KPIL)
:KPIL
Want to see IN:KPIL full AI Analyst Report?
Top Page
Kalpataru Projects International Limited
(KPIL)
Select Model
Select Model
Rating:64Neutral
Price Target:
₹1,346.00
▲(12.36% Upside)
Action:Downgraded
Date:05/16/26
The score is primarily held back by weaker cash-flow quality and thinner/volatile margins despite steady revenue growth and an improving balance sheet. Technicals are supportive with the price above key longer-term moving averages, while valuation looks broadly fair with a moderate P/E but a low dividend yield.
Positive Factors
Consistent Revenue Growth
Sustained top-line growth across multiple years indicates stable underlying demand and recurring contract wins in core EPC segments. For an EPC firm, consistent revenue expansion supports scale benefits, backlog visibility and the ability to allocate resources across projects over months to years.
Negative Factors
Weak Cash Conversion
Very low cash conversion and volatile free cash flow indicate working-capital intensity and timing risk in project billing and collections. This constrains internal funding for capex, margin cushions or bond-like obligations, raising reliance on external financing and heightening liquidity vulnerability.
Read all positive and negative factors
Positive Factors
Negative Factors
Consistent Revenue Growth
Sustained top-line growth across multiple years indicates stable underlying demand and recurring contract wins in core EPC segments. For an EPC firm, consistent revenue expansion supports scale benefits, backlog visibility and the ability to allocate resources across projects over months to years.
Read all positive factors
Kalpataru Projects International Limited (KPIL) vs. iShares MSCI India ETF (INDA)
Market Cap
₹212.28B
Dividend Yield0.77%
Average Volume (3M)4.38K
Price to Earnings (P/E)17.4
Beta (1Y)1.41
Revenue Growth21.63%
EPS Growth72.41%
CountryIN
Employees8,441
SectorReal Estate
Sector Strength53
IndustryEngineering & Construction
Share Statistics
EPS (TTM)48.66
Shares Outstanding170,772,550
10 Day Avg. Volume2,857
30 Day Avg. Volume4,382
Financial Highlights & Ratios
PEG Ratio0.24
Price to Book (P/B)2.32
Price to Sales (P/S)0.67
P/FCF Ratio63.63
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
₹1,437.00Price Target Upside19.95% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering2
EPS Forecast (FY)71.11
Revenue Forecast (FY)₹312.18B
Kalpataru Projects International Limited Business Overview & Revenue Model
Company Description
Kalpataru Projects International Limited provides engineering, procurement, and construction (EPC) services relating to buildings and factories, power transmission and distribution, roads and bridges, water pipelines, railway track laying and elec...
How the Company Makes Money
KPIL primarily makes money by executing EPC and construction contracts for public-sector bodies, utilities, and private customers. Revenue is recognized from project execution—typically based on the stage of completion/progress (e.g., milestones o...
Kalpataru Projects International Limited Financial Statement Overview
Summary
Income Statement
64
Positive
Balance Sheet
72
Positive
Cash Flow
48
Neutral
| Breakdown | TTM | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 254.99B | 271.43B | 223.16B | 196.26B | 163.61B | 147.77B |
| Gross Profit | 60.47B | 36.70B | 58.53B | 52.07B | 42.40B | 38.90B |
| EBITDA | 20.27B | 22.40B | 17.29B | 16.55B | 12.97B | 11.20B |
| Net Income | 8.21B | 10.40B | 5.86B | 5.10B | 4.41B | 5.40B |
Balance Sheet | ||||||
| Total Assets | 264.90B | 277.13B | 255.84B | 220.38B | 195.81B | 172.12B |
| Cash, Cash Equivalents and Short-Term Investments | 11.19B | 18.42B | 19.09B | 10.18B | 14.85B | 11.70B |
| Total Debt | 48.28B | 35.43B | 43.14B | 40.08B | 37.87B | 38.38B |
| Total Liabilities | 195.63B | 199.80B | 191.15B | 169.25B | 148.88B | 127.94B |
| Stockholders Equity | 69.62B | 77.77B | 65.13B | 51.38B | 47.20B | 42.79B |
Cash Flow | ||||||
| Free Cash Flow | -8.26B | 2.84B | 3.39B | 4.91B | -1.15B | 4.06B |
| Operating Cash Flow | -4.12B | 10.94B | 9.14B | 8.43B | 6.56B | 7.14B |
| Investing Cash Flow | -3.95B | -429.70M | -7.18B | -2.63B | -3.26B | -2.55B |
| Financing Cash Flow | -294.80M | -11.54B | 4.00B | -5.24B | -4.38B | 249.90M |
Kalpataru Projects International Limited Technical Analysis
Positive
1197.95
Price Trends
1179.50
Positive
1162.24
Positive
1196.63
Positive
Market Momentum
16.79
Positive
58.03
Neutral
50.73
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:KPIL, the sentiment is Positive. The current price of 1197.95 is below the 20-day moving average (MA) of 1258.05, above the 50-day MA of 1179.50, and above the 200-day MA of 1196.63, indicating a bullish trend. The MACD of 16.79 indicates Positive momentum. The RSI at 58.03 is Neutral, neither overbought nor oversold. The STOCH value of 50.73 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IN:KPIL.
Kalpataru Projects International Limited Peers Comparison
UnderperformOutperform
Sector (65)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
66 Neutral | ₹139.80B | 26.39 | ― | 0.80% | 61.55% | 29.52% | |
65 Neutral | $2.17B | 12.19 | 3.79% | 4.94% | 3.15% | 1.96% | |
64 Neutral | ₹212.28B | 17.37 | ― | 0.77% | 21.63% | 72.41% | |
63 Neutral | ₹132.66B | 41.51 | ― | 1.56% | -16.20% | -19.48% | |
63 Neutral | ₹52.41B | 18.69 | ― | 0.02% | 15.23% | 39.75% | |
61 Neutral | ₹77.84B | 19.27 | ― | 0.05% | 15.81% | 11.50% | |
48 Neutral | ₹125.67B | 22.47 | ― | 0.74% | 7.59% | 4.98% |
* Real Estate Sector Average
IN:KPIL
Kalpataru Projects International Limited
1,275.20
179.62
16.39%
IN:IRCON
IRCON International Ltd.
142.30
-40.58
-22.19%
IN:KEC
KEC International Ltd.
486.90
-321.94
-39.80%
IN:POWERMECH
Power Mech Projects Ltd.
2,472.35
-473.25
-16.07%
IN:SKIPPER
Skipper Ltd
459.90
-41.61
-8.30%
IN:TECHNOE
Techno Electric & Engineering Company Limited
1,295.75
75.80
6.21%
Kalpataru Projects International Limited Corporate Events
Kalpataru Projects Schedules Global Investor Call on FY26 Results
May 6, 2026
Kalpataru Projects International Limited has scheduled an analyst and investor conference call on 15 May 2026 to discuss its audited financial results for the quarter and year ended 31 March 2026. The call, organized with DAM Capital Advisors, wil...
Kalpataru Projects Sets May 14 Board Meet to Approve FY26 Results, Weigh Dividend
May 6, 2026
Kalpataru Projects International Limited has scheduled a board meeting on 14 May 2026 to approve its standalone and consolidated audited financial results for the quarter and full year ended 31 March 2026, and to consider recommending a final divi...
Kalpataru Projects International Takes Full Control of Saudi Subsidiary
Apr 27, 2026
Kalpataru Projects International Limited has completed the process to acquire the remaining 35% equity stake in Kalpataru Projects Arabia Company from its joint venture partner, BIN Omairah Contracting Company Limited. With requisite approvals fro...
Kalpataru Projects Confirms SEBI Compliance on Dematerialised Shares
Apr 6, 2026
Kalpataru Projects International Limited has informed the stock exchanges that its registrar and share transfer agent, MUFG Intime India Private Limited, has issued a certificate confirming compliance with Regulation 74(5) of the SEBI (Depositorie...
Kalpataru Projects Wins ₹4,439 Crore in Global Power T&D Orders
Mar 24, 2026
Kalpataru Projects International Limited and its subsidiaries have secured new transmission and distribution contracts worth about ₹4,439 crore, including a 400 kV transmission line and substations in Africa, transmission line projects in In...
Kalpataru Projects Schedules Analyst and Investor Meet in Mumbai
Mar 18, 2026
Kalpataru Projects International Limited has announced that its officials will meet analysts and institutional investors in a group meeting scheduled for March 25, 2026, in Mumbai. The company has clarified that no unpublished price-sensitive info...
Kalpataru Subsidiary Fasttel Seeks Judicial Reorganization in Brazil
Mar 6, 2026
Kalpataru Projects International has disclosed that its step-down wholly owned Brazilian subsidiary, Fasttel Engenharia S.A., has filed for Judicial Reorganization under Brazil’s Lei nº 11.101/2005. The court-supervised process allows F...
Kalpataru Projects Schedules Virtual Analyst Meet for Bharat Connect Conference
Mar 5, 2026
Kalpataru Projects International Limited has announced its participation in the Bharat Connect Conference: Rising Stars – March 2026, organized by Arihant Capital Markets Ltd. The event, scheduled for March 11, 2026, will be held virtually a...
Kalpataru Projects Flags UAE Penalties, Brazil Loan Prepayment and Indian Tax Demand
Feb 27, 2026
Kalpataru Projects International disclosed that its UAE branches have received penalties totaling about AED 758,950 for violations related to the National In-Country Value Program and Emiratization regulations, but stated these do not have a signi...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.