| ₹ crore | Q1 FY27 | Q1 FY26 | Change |
|---|---|---|---|
| Revenue | 6,408 | 6,171 | +3.8% |
| EBITDA | 562 | 525 | +7.0% |
| EBITDA margin | 8.8% | 8.5% | +0.3 pts |
| Profit before tax | 420 | 290 | +44.9% |
| Net profit | 312 | 214 | +45.9% |
| EPS | ₹18.16 | ₹12.51 | +45.2% |
Amounts on the left scale in ₹ crore; per cent on the right, dashed. L = lakh crore, K = thousand crore. Touch the chart to read any period.
| Tap a line for its trend | Currentlast 12M | FY26Mar 2026 | FY25Mar 2025 | FY24Mar 2024 | FY23Mar 2023 | FY22 and earlierAlpha Plus |
|---|
| 22,626 | — | — | — | — | FY22 and earlierEvery year the company has filed comes with Alpha Plus. | |
| 1,512 | 1,512 | 1,752 | 1,009 | 959 | ||
| −44.0 | −44.0 | −44.5 | −25.0 | −27.0 | ||
| 3,307 | 3,307 | 4,189 | 3,910 | 3,683 | ||
| 24,377 | — | — | — | — | ||
| 27,380 | 27,143 | 22,316 | 19,626 | 16,361 | ||
| — | +21.6% | +13.7% | +20.0% | — | ||
| 2,277 | 2,240 | 1,834 | 1,628 | 1,370 | ||
| 8.3% | 8.3% | 8.2% | 8.3% | 8.4% | ||
| 1,759 | 1,730 | 1,337 | 1,155 | 978 | ||
| 1,129 | 1,031 | 567 | 516 | 435 | ||
| 4.1% | 3.8% | 2.5% | 2.6% | 2.7% | ||
| ₹66.54 | ₹60.89 | ₹34.29 | ₹29.86 | ₹25.82 | ||
| — | +77.6% | +14.8% | +15.6% | — | ||
| — | 1,534 | 914 | 843 | 656 | ||
| — | −810 | −575 | −352 | −771 | ||
| 724 | 724 | 339 | 491 | −115 | ||
From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.
In ₹ Crore except Per Share 12 Months Ending | FY23 31/03/2023 | FY24 31/03/2024 | FY25 31/03/2025 | FY26 31/03/2026 | Current/LTM TTM · last close | |
|---|---|---|---|---|---|---|
| Market Capitalization | — | — | — | — | 22,625.9 | |
| - Cash, Equiv & ST Investments | 959.0 | 1,009.0 | 1,751.8 | 1,511.8 | 1,511.8 | |
| + Minority Interest | -27.0 | -25.0 | -44.5 | -44.0 | -44.0 | |
| + Total Debt | 3,683.0 | 3,910.0 | 4,188.6 | 3,307.0 | 3,307.0 | |
| Enterprise Value | — | — | — | — | 24,377.1 | |
| Revenue | 16,361.0 | 19,626.0 | 22,315.8 | 27,143.1 | 27,379.9 | |
| Growth %, YoY | — | +20.0 | +13.7 | +21.6 | — | |
| EBITDA | 1,370.0 | 1,628.0 | 1,834.1 | 2,239.9 | 2,276.7 | |
| Margin % | 8.37 | 8.30 | 8.22 | 8.25 | 8.32 | |
| EBIT | 978.0 | 1,155.0 | 1,336.9 | 1,729.8 | 1,759.1 | |
| Net Income | 435.0 | 516.0 | 567.3 | 1,030.6 | 1,128.6 | |
| Margin % | 2.66 | 2.63 | 2.54 | 3.80 | 4.12 | |
| EPS, Adj (current shares) | 25.82 | 29.86 | 34.29 | 60.89 | 66.54 | |
| Growth %, YoY | — | +15.6 | +14.8 | +77.6 | — | |
| Cash from Operations | 656.0 | 843.0 | 914.0 | 1,534.4 | — | |
| Capital Expenditures | -771.0 | -352.0 | -574.6 | -810.3 | — | |
| Free Cash Flow | -115.0 | 491.0 | 339.3 | 724.1 | 724.1 | |
Prices at the 29 October 2026 close · figures from the company's filings with NSE
Kalpataru Projects International (NSE: KPIL) had a market capitalisation of ₹23,179 crore at the 29 October 2026 close (₹1,357.10 a share), a PE ratio of 20.4 on the last four quarters' profit and a price-to-book ratio of 2.98. In FY26 its consolidated net profit attributable to shareholders was ₹1,040 crore on revenue of ₹27,143 crore; in Q1 FY27 (April–June 2026) it was ₹310 crore, up 45.1% year on year. Its debt-to-equity ratio was 0.43 on 31 March 2026. Promoters held 33.58% of the shares on 30 September 2026.
Kalpataru Projects International's PE ratio is 20.4 at the 29 October 2026 close (₹1,357.10 a share): a market capitalisation of ₹23,179 crore divided by consolidated net profit attributable to shareholders of ₹1,136 crore over the last four quarters (Q2 FY26 to Q1 FY27). On FY26 net profit attributable to shareholders (₹1,040 crore) it is 22.3.
Kalpataru Projects International's price-to-book (PB) ratio is 2.98 at the 29 October 2026 close: a market capitalisation of ₹23,179 crore divided by shareholders' equity (book value) of ₹7,777 crore on 31 March 2026. That is a book value of ₹455.30 per share against a share price of ₹1,357.10.
Kalpataru Projects International's net worth — shareholders' equity in its consolidated balance sheet — was ₹7,777 crore on 31 March 2026, up 19.4% from ₹6,513 crore a year earlier. Its market value is a different figure: a market capitalisation of ₹23,179 crore at the 29 October 2026 close.
Kalpataru Projects International's market capitalisation was ₹23,179 crore at the 29 October 2026 close: 17.08 crore shares at ₹1,357.10 each.
No. Kalpataru Projects International had borrowings of ₹3,307 crore on 31 March 2026 (consolidated balance sheet), a debt-to-equity ratio of 0.43. Its cash and current investments were ₹1,842 crore, so its net debt was ₹1,465 crore.
Kalpataru Projects International's debt-to-equity ratio was 0.43 on 31 March 2026: borrowings of ₹3,307 crore against total equity of ₹7,733 crore. A year earlier, on 31 March 2025, it was 0.65.
In FY26, Kalpataru Projects International's return on equity (ROE) was 14.6% and its return on capital employed (ROCE) was 19.1%. ROE is net profit attributable to shareholders divided by average shareholders' equity (the start and end of the year); ROCE is operating profit (EBIT) divided by average capital employed (total assets less current liabilities). In FY25, ROE was 10.1% and ROCE 16.1%.
Kalpataru Projects International's book value per share was ₹455.30 on 31 March 2026: shareholders' equity of ₹7,777 crore divided by the 17.08 crore shares in issue, up 19.4% from ₹381.34 a year earlier. The share price at the 29 October 2026 close was ₹1,357.10.
On 30 September 2026, Kalpataru Projects International's shares were held by promoters 33.58%, foreign portfolio investors (FII/FPI) 10.75%, domestic institutions (DII) 44.85% (including mutual funds at 40.43%) and retail and other non-institutional investors 10.82%. Over the year, FII holding was down 1.23 percentage points from 11.98% and DII holding was up 0.75 percentage points from 44.10%.
Kalpataru Projects International's basic earnings per share (EPS) were ₹60.90 in FY26, against ₹35.53 in FY25. Over the last four quarters (Q2 FY26 to Q1 FY27) they add up to ₹66.55.
Kalpataru Projects International's dividend yield is 0.81% at the 29 October 2026 close: dividends of ₹11 a share that went ex-dividend in the 12 months before that day, divided by the share price of ₹1,357.10. They were ₹11 on 29 June 2026.
Kalpataru Projects International will announce its Q2 FY27 results (July–September 2026) on Thursday, 5 November 2026, the date of the board meeting it has notified to the exchanges.
In 2026, Kalpataru Projects International has declared one dividend: ₹11 with record date 29 June 2026.
Promoters held 33.58% of Kalpataru Projects International on 30 September 2026, unchanged from the previous quarter and up 0.01 percentage points from 33.57% a year earlier, according to the shareholding pattern filed with NSE.
In FY26, Kalpataru Projects International generated ₹1,534 crore of cash from operations and spent ₹810 crore on capital expenditure (property, plant, equipment and intangibles), leaving free cash flow of ₹724 crore. In FY25 it was ₹339 crore.
Kalpataru Projects International's latest results are for Q1 FY27 (April–June 2026), filed on 11 August 2026: consolidated net profit attributable to shareholders ₹310 crore, up 45.1% from ₹214 crore in Q1 FY26; revenue from operations ₹6,408 crore, up 3.8% year on year.
In FY26 (April 2025–March 2026), Kalpataru Projects International's consolidated net profit attributable to shareholders was ₹1,040 crore, up 77.6% from ₹586 crore in FY25, on revenue from operations of ₹27,143 crore (up 21.6%). Over three years, from FY23, net profit was up 135.8%.
At the 29 October 2026 closing prices, on FY26 net profit attributable to shareholders, Kalpataru Projects International's PE ratio is 22.3, the second highest of the four: Kec International 15.1, NCC 11.0 and IRB Infrastructure Developers 23.1, a peer average of 16.4. Each is the company's market capitalisation at that price divided by its FY26 net profit.
On FY26 consolidated figures, against Kec International, NCC and IRB Infrastructure Developers: Kalpataru Projects International's operating margin of 6.4% is the third highest of the four (Kec International 6.2%, NCC 7.7%, IRB Infrastructure Developers 37.1%; peer average 17.0%); its return on equity of 14.6% is the highest of the four (Kec International 10.5%, NCC 8.9%, IRB Infrastructure Developers 4.2%; peer average 7.9%); its revenue growth over three years of 18.4% a year is the highest of the four (Kec International 10.8% a year, NCC 10.2% a year, IRB Infrastructure Developers 6.1% a year; peer average 9.0% a year).
In FY26, Kalpataru Projects International earned net profit attributable to shareholders of ₹1,040 crore on revenue of ₹27,143 crore, against ₹606 crore on ₹23,506 crore for Kec International. Kalpataru Projects International's operating margin was 6.4% (Kec International 6.2%) and its return on equity 14.6% (Kec International 10.5%). At the 29 October 2026 close, Kalpataru Projects International's market capitalisation was ₹23,179 crore against ₹9,153 crore for Kec International, and its PE ratio on FY26 profit 22.3 against 15.1.
From Kalpataru Projects International's own consolidated results, balance sheets and shareholding patterns filed with NSE, and NSE prices (the latest used here: the 29 October 2026 close). Ratios are calculated by Alphave from those filings as each answer describes.
Consolidated figures from the company's filings with NSE; prices are NSE closing prices.