Kalpataru Projects International Limited · NSE:KPIL
Kalpataru Projects International — Q4 FY26 Earnings Presentation
32 slides from Kalpataru Projects International's earnings presentation, May 14, 2026
Slide 1: Exchange filing cover letter: Investors'/Analyst Presentation
KPIL/26-27 14th May, 2026 BSE Limited National Stock Exchange of India Ltd. Corporate Relationship Department ‘Exchange Plaza’, C-1, Phiroze Jeejeebhoy Towers Block ‘G’, Bandra-Kurla Complex Dalal Street, Fort Bandra (E) Mumbai - 400 001 Mumbai – 400 051 Scrip Code: 522287 Scrip Code : KPIL Sub.: In
Slide 2: Investor Presentation Q4 & Full Year FY26
Investor Presentation Q4 & Full Year FY26
Slide 3: Disclaimer
Disclaimer This presentation may include statements which may constitute forward-looking statements. All statements that address expectations or projections about the future, including, but not limited to, statements about the strategy for growth, business development, market position, expenditures
Slide 4: Business and Financial Performance Q4 and FY26
Business and Financial Performance Q4 and FY26 Substation Project in Chile
Slide 5: FY26 – Standout Year
FY26 – Standout Year Accelerated performance backed by strong growth, expanded profitability and improved balance sheet Consolidated Performance Strong growth in Revenue and Profits, in-line with guidance REVENUE EBITDA PBT PBT (Before Exceptional Items) (After Exceptional Items) ₹ 7,778 crores ₹ 64
Slide 6: High Quality Growth and Strategic Capability Build-up in Last 5 Years
High Quality Growth and Strategic Capability Build-up in Last 5 Years Profitable and Prudent Growth Resilient and Robust Diversified Performance ₹ crores otherwise stated ₹ crores FY22 FY26 Change Order Book Revenue Business Vertical 5 Year CAGR Revenue 14,777 27,143 16% CAGR 31 Mar 2022 31 Mar 2026
Slide 7: Focus on Profitable Growth Supported by Robust Operational Cash Flows (Consolidated)
Focus on Profitable Growth Supported by Robust Operational Cash Flows (Consolidated) ₹ crores otherwise stated Revenue PBT and PBT Margin (Before Exceptional item)INR Cr PBT 3.5% 3.4% 3.6% 3.7% 4.9% Margin 27,143 1600 Strong Diversified Business Model 1,334 22,316 1400 19,626 1200 16,361 14,777 1000
Slide 8: Investing in Growth, Improving Returns and Strengthening Balance Sheet (Consolidated)
Investing in Growth, Improving Returns and Strengthening Balance Sheet (Consolidated) ₹ crores otherwise stated Gross Block and Capex* ROCE Capex 283 681 428 662 917 21.4% 17.3% 16.4% 16.2% 4,845 15.1% Prudent Working Capital Management 3,713 and improving return ratio 3,357 3,080 2,670 Gross Block
Slide 9: Growth momentum building up in 2026-27 and Beyond
Growth momentum building up in 2026-27 and Beyond 2021-2025 Today 2026+ Strengthening Core Demonstrating Clear Opportunity Resetting Growth Delivery Ahead Proven merger integration success with JMC, Diversified portfolio and robust order book, Unrelenting focus on improving margins and building scal
Slide 10: Results Summary – Q4 FY26 & FY26 (Consolidated)
Results Summary – Q4 FY26 & FY26 (Consolidated) ₹ crores otherwise stated Particulars (₹ crores) Q4 FY25 Q4 FY26 Change (YoY) FY25 FY26 Change (YoY) Revenue 7,067 7,778 +10% 22,316 27,143 +22% (-) Operating Expenses (6,529) (7,138) (20,482) (24,903) Core EBITDA 538 640 +19% 1,834 2,240 +22% Core EBI
Slide 11: Results Summary – Q4 FY26 & FY26 (Standalone)
Results Summary – Q4 FY26 & FY26 (Standalone) ₹ crores otherwise stated Particulars (₹ crores) Q4 FY25 Q4 FY26 Change (YoY) FY25 FY26 Change (YoY) Revenue 6,204 6,964 +12% 18,888 23,210 +23% (-) Operating Expenses (5,681) (6,292) (17,301) (21,181) Core EBITDA 523 672 +29% 1,587 2,029 +28% Core EBITD
Slide 12: Consolidated Business Revenue – Q4 FY26 & FY26
Consolidated Business Revenue – Q4 FY26 & FY26 ₹ crores otherwise stated Change Change Particulars Q4 FY25 Q4 FY26 FY25 FY26 Comments (YoY) (YoY) • T&D revenue growth driven by robust project execution and healthy order backlog • Major order wins in high growth markets including India, Africa, Middl
Slide 13: Borrowings and Working Capital update
Borrowings and Working Capital update ₹ crores otherwise stated CONSOLIDATED Increase/(Decrease) Particulars (₹ crores) Q4 FY25 Q3 FY26 Q4 FY26 y-o-y q-o-q Gross Debt 4,065 3,923 2,937 (1,128) (986) Net Debt 1,953 2,240 915 (1,038) (1,325) Net Working Capital Days 79 79 75 STANDALONE Increase/(Decre
Slide 14: Order Inflows and Order Book Update (Consolidated)
Order Inflows and Order Book Update (Consolidated) Order Inflow Order Book Urban Infra, 6% Urban Infra, 8% Railways, 4% ₹4,143 cr ₹2,009 cr ₹2,382 cr Oil & Gas, 7% ₹4,578 cr T&D, 49% Water, 11% T&D , 44% FY26: 31 March 2026: ₹12,931 cr ₹7,486 cr ₹28,572 cr ₹26,400 cr ₹65,457 cr B&F, 43% ₹11,460 cr B
Slide 15: Company Overview
Company Overview Transmission Line Project in Guyana, South America
Slide 16: About Kalpataru Projects International Ltd. (KPIL)
About Kalpataru Projects International Ltd. (KPIL) 40+ Global Reach ₹ 65,457 Crores ₹ 27,143 Crores 250+ Market Cap* 2 11,000+ Year Experience 75+ Order Book Revenues Projects Under ₹ 20,970 Manufacturing Employees with Countries (31 March 2026) (FY26) Execution Plants 50+ Nationalities Crores Capab
Slide 17: Incomparable Global Presence in 75 Countries
Incomparable Global Presence in 75 Countries 6 Footprint across Countries 75+ countries International Order Book Share 39% (~ US$2.7 Bn) 12 Countries 30 Countries 21 Active Projects Countries 30+ countries 7 Countries 16
Slide 18: Diversified Business Presence With Strong Execution Track Record
Diversified Business Presence With Strong Execution Track Record Power T&D Oil & Gas Pipeline Buildings & Factories (B&F) Business Verticals India + International India + International India + International Order Book Share 28% 44% 7% (31 March 2026) • Transmission Lines • Cross Country Gas & Oil Pi
Slide 19: Diversified Business Presence With Strong Execution Track Record
Diversified Business Presence With Strong Execution Track Record Water Railways Urban Infra Business Vertical India + International India + International India + International Order Book Share 11% 4% 6% (31 March 2026) • Water Supply • Track Laying • Roads & Highways • Irrigation • Signaling & Telec
Slide 20: Market Demand Trends Play to Our Strengths
Market Demand Trends Play to Our Strengths Mega Trends Industry Tailwinds Positioning & Strategy • Rising Annual global investment in T&D will expand from USD 631 billion in 2024 to USD 1.1 trillion by 2050; Demand led by energy demand, renewables growth and grid • Proven Track Record and Strong mod
Slide 21: Track record of Strong Execution Resulting in Robust Financials (Consolidated)
Track record of Strong Execution Resulting in Robust Financials (Consolidated) ₹ crores otherwise stated Revenue PBT and PBT Margin (Before Exceptional item) INR Cr PAT and EPS INR Cr PBT 3.5% 3.4% 3.6% 3.7% 4.9% EPS 36.3 29.1 31.4 35.5 60.9 Margin 27,143 1600 1,334 22,316 1400 19,626 1,031 1200 120
Slide 22: Track record of Strong Execution Resulting in Robust Financials (Standalone)
Track record of Strong Execution Resulting in Robust Financials (Standalone) ₹ crores otherwise stated Revenue PBT and PBT Margin (Before Exceptional item) INR Cr PAT and EPS INR Cr PBT 3.5% 4.8% 4.6% 4.9% 6.5% EPS 21.6 32.7 32.8 39.3 48.7 Margin 23,210 1,499 832 18,888 16,760 648 14,337 929 532 533
Slide 23: Value Creation for Shareholders on Back of Sustained Performance
Value Creation for Shareholders on Back of Sustained Performance KPIL Share Price Movement 234% • ~₹ 525 Crores of dividend distributed to shareholders from FY22 63% to FY26* Base of 100 • Market Capitalization increased at a CAGR of ~40% KPIL Nifty 50 (FY22 - Till Date) Shareholding Pattern Dividen
Slide 24: Experienced and Tenured Board and Leadership Team
Experienced and Tenured Board and Leadership Team Promoters Independent Directors Dhananjay Mungale Raksha Kothari Mofatraj P. Munot Parag M. Munot Founder & Director Bimal Tanna Shailendra Raj Mehta Non-Executive Chairman Leadership Team Manish Mohnot S K Tripathi Sanjay Dalmia Amit Uplenchwar Ram
Slide 25: Our Investment Case
Our Investment Case Resilient Revenue Across Diverse Business Verticals and Markets • Operating across various EPC sectors, clients and geographies with a strategic focus on energy and 01 civil construction projects, KPIL business model provides resilience to navigate through market cyclicality, geo
Slide 26: Sustainability at KPIL
Sustainability at KPIL Social Housing Project in Maldives
Slide 27: ESG AT KPIL
ESG AT KPIL Sustainability Mission Sustainability Goals “We will continuously endeavor to make products • Carbon Neutrality by 2040: & services sustainable by driving carbon & water • Water Neutrality by 2032 neutrality in our business and achieving zero waste • Circularity in construction and demol
Slide 28: Key ESG Initiatives & Outcome
Key ESG Initiatives & Outcome Focus Area Initiatives Outcomes Initiatives • GHG Emission • Climate Risk Assessment • Completed estimation of Scope 1, 2 & 3 • Energy Management Decarbonization plans Emissions Environment • Water Management • Scope 3 Emission Estimation • 25% share of RE in electricit
Slide 29: KPIL's ESG Disclosure & Ratings - Achievements
KPIL’s ESG Disclosure & Ratings - Achievements x Corporate Sustainability CDP EcoVadis Time x Statista NSE Sustainability Assessment (CSA) Rating Rating Sustainability Ranking 2026 Rating 2025 Corporate Sustainability 67 ESG Scored 61 score Top 500 Globally – One of Assessment (CSA) Score – Industri
Slide 30: Empowering Community – Quarter 4 Update
Empowering Community – Quarter 4 Update Sustainable & Inclusive Development Healthcare Education & Skilling Animal Welfare & Environment Need-Based Community Project Name – Project Name – Project Name – SAVIOUR Development Kalpa Arogya Seva (KARE) Kalpa Vidya Kalpa Kaushal Project Name – Kalpa Gramo
Slide 31: Rewards and Recognitions
Rewards and Recognitions TPM Excellence Award by the The Confederation of Indian Japan Institute of Plant Industry (CII) has conferred upon Maintenance (JIPM) National Supply Chain and Logistics Excellence Award KPIL Wins Coveted Global Strong Commitment to HR MIKE Awards 2025; Excellence Award Sett
Slide 32: Conference Call
Conference Call Date: 15th May 2026 | Time: 9.00 hrs (IST) Dial in Number: +91 22 6280 1384/+91 22 7115 8285 (accessible from all networks and countries) investorrelations@kalpataruprojects.com
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