As of 6 Nov 2026, Kalpataru Projects International trades at 19.7× trailing earnings, above the industry P/E of 16.4×. It earns ROCE of 20% and ROE of 15%, and sales and net profit grew 18% and 33% a year over 3 years. Its dividend yield is 0.8%, and debt is 0.46× equity. It is a small-cap company with a market cap of ₹23,410 Cr, ranked 4th of 156 Engineering & Construction companies by market cap; the shares rose 4.3% over the past year.
- ₹1,349.00
- ₹1,377.80
- ₹1,332.80
- ₹1,371.30
- 1.4 L
Health check
- ReturnsIn line
+4.3% over a year, better than 3 of 7 peers.
- Price tagPricier
P/E 19.7 vs industry 16.4.
- GrowthSteady
Sales +18.4%, profit +33.1% a year over 3 years.
- ProfitabilityAverage
ROCE 19.9% vs peer median 16.7%.
- Balance sheetFair
Debt 0.46× equity, interest covered 4.1×, Piotroski 8 of 9.
- Red flagsNone found
No warning signs in the headline numbers.
Small cap
Defensive
Key metrics
- Market cap
- ₹23,410 Cr
- Small cap
- P/E
- 19.7
- Industry 16.4
- Price to book
- 3.01
- Peers 5.01
- Dividend yield
- 0.80%
- ROE
- 14.6%
- Peers 17.9%
- ROCE
- 19.9%
- Peers 16.7%
- Debt to equity
- 0.46
- Debt ₹3,543 Cr
- EPS (TTM)
- ₹69.41
- Face value ₹2
- OPM (TTM)
- 8.3%
- Net margin 4.2%
- Sales growth
- +3.8%
- Latest quarter vs a year ago
- Profit growth
- +45.1%
- Latest quarter vs a year ago
- Price to sales
- 0.85
- EV/EBITDA 11.4
Strengths and risks
Strengths
- Quarterly profit up 45.1% on a year ago.
- Positive operating cash flow in each of the last 4 years.
About Kalpataru Projects International
Kalpataru Projects International Limited provides engineering, procurement, and construction (EPC) services for power transmission and distribution, buildings and factories, water supply and irrigation, railways, oil and gas, and urban infrastructure sectors in India and internationally. The company operates in Engineering, Procurement and Construction; Developmental Project; and Others segments. It designs, tests, procures, fabricates, erects, installs,…
- Headquarters
- Mumbai
- Employees
- 11,188
- Sector
- Industrials
- ISIN
- INE220B01022
- Website
- kalpataruprojects.com
Price range
- Avg volume (3M)
- 2.1 L
- 1-year return
- plus 4.3%
- From 52-week high
- minus 8.0%
Analyst consensus
Peers · Engineering & Construction
| Company | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| LTLarsen & Toubro | 4,117.70 | plus 1.67% | 5,66,549 | 31.7 | 19.6 | 14.6% | 9.6% | 1.05 | 16.1% | plus 3.2% |
| RVNLRail Vikas Nigam | 193.34 | minus 0.18% | 40,312 | 44.9 | 56.9 | 11.0% | 4.3% | 0.49 | 0.2% | minus 40.5% |
| CEMPROCemindia Projects | 1,323.30 | plus 2.79% | 24,405 | 36.4 | 24.2 | 37.1% | 10.4% | 0.35 | 25.5% | plus 49.2% |
| KPILKalpataru Projects International | 1,370.80 | minus 0.04% | 23,410 | 19.7 | 10.1 | 19.9% | 8.3% | 0.46 | 18.4% | plus 4.3% |
| NBCCNBCC (India) | 78.00 | minus 2.90% | 21,060 | 26.5 | 19.8 | 34.3% | 6.1% | 0.00 | 12.9% | minus 29.5% |
| ENGINERSINEngineers India | 292.70 | minus 1.94% | 16,451 | 18.3 | 21.5 | 28.1% | 21.2% | 0.00 | 5.7% | plus 51.1% |
| WABAGVA Tech Wabag | 1,988.20 | plus 6.57% | 12,434 | 29.4 | 20.8 | 16.3% | 10.9% | 0.09 | 9.9% | plus 33.2% |
| LOTUSDEVSri Lotus Developers and Realty | 233.82 | minus 0.16% | 11,427 | 39.0 | 38.2 | 16.7% | 36.7% | 0.06 | 66.4% | plus 31.7% |
| Median of 7 peers | – | −0.16% | 21,060 | 31.7 | 21.5 | 16.7% | 10.4% | 0.09 | 12.9% | 31.7% |
Quarterly results
| ₹ Cr | Mar 25 | Jun 25 | Dec 25 | Mar 26 | Jun 26 |
|---|---|---|---|---|---|
| 7,067 | 6,171 | 6,665 | 7,778 | 6,408 | |
| – | – | – | +10.1% | +3.8% | |
| 6,529 | 5,646 | 6,152 | 7,138 | 5,846 | |
| 538 | 525 | 513 | 640 | 562 | |
| 7.6% | 8.5% | 7.7% | 8.2% | 8.8% | |
| 13.2 | 16.4 | 28.3 | 36.8 | 77.2 | |
| 118 | 122 | 137 | 105 | 82 | |
| 138 | 129 | 128 | 127 | 137 | |
| – | – | −29.5 | 66.1 | – | |
| 296 | 290 | 247 | 511 | 420 | |
| 26.2% | 26.4% | 39.8% | 15.8% | 25.9% | |
| 225 | 214 | 152 | 434 | 310 | |
| – | – | – | +92.6% | +45.1% | |
| 13.42 | 12.51 | 8.91 | 25.42 | 18.16 |
Profit & loss
- Sales CAGR 3Y
- +18.4%
- Profit CAGR 3Y
- +33.1%
- EPS CAGR 3Y
- +28.0%
- ROE
- 14.6%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 16,214 | 19,459 | 22,106 | 26,911 | |
| – | +20.0% | +13.6% | +21.7% | |
| 14,719 | 17,547 | 20,089 | 24,452 | |
| 1,495 | 1,912 | 2,017 | 2,459 | |
| 9.2% | 9.8% | 9.1% | 9.1% | |
| −141 | −246 | −195 | −186 | |
| 440 | 491 | 515 | 448 | |
| 392 | 473 | 497 | 510 | |
| 120 | −0.5 | 12.6 | 56.5 | |
| 642 | 701 | 823 | 1,371 | |
| 32.2% | 26.4% | 31.1% | 24.8% | |
| 441 | 510 | 586 | 1,040 | |
| – | +15.6% | +14.9% | +77.6% | |
| 29.06 | 31.37 | 35.53 | 60.90 |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 32.5 | 32.5 | 34.2 | 34.2 | |
| 4,688 | 5,106 | 6,479 | 7,742 | |
| 3,786 | 4,008 | 4,314 | 3,543 | |
| 11,074 | 12,892 | 14,757 | 16,394 | |
| 19,581 | 22,038 | 25,584 | 27,713 | |
| 2,206 | 2,187 | 2,445 | 3,027 | |
| 119 | 87.8 | 102 | 126 | |
| 47.4 | 15 | 4.9 | 2.7 | |
| 1,133 | 1,174 | 1,936 | 2,079 | |
| 16,076 | 18,574 | 21,096 | 22,478 | |
| 19,581 | 22,038 | 25,584 | 27,713 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 656 | 843 | 914 | 1,534 | |
| −326 | −263 | −719 | −0.3 | |
| −438 | −524 | 400 | −1,636 | |
| −108 | 55.8 | 595 | −102 | |
| −771 | −352 | −575 | −810 | |
| −115 | 491 | 339 | 724 | |
| −96.8 | −114 | −130 | −154 |
Shareholding pattern
NSE hasn’t returned a shareholding pattern for this company. Institutions hold about 49.2% (Yahoo estimate).
Major shareholders
Filings & events
News
No recent news coverage found.