Kalpataru Projects International Ltd (KPIL)

Kalpataru Projects International Q1 Net Profit Expected to Rise - 12 Jul, 2024

Brokerage house Motilal Oswal expects Kalpataru Projects International to report a net profit of Rs 129.5 crore, up 2.8% YoY, with net sales expected to increase by 11.4% YoY to Rs 4,035.3 crore in Q1 FY25.

Kalpataru Projects International Secures New Orders Worth Rs 2,995 Crore - 11 Jul, 2024

Kalpataru Projects International Limited (KPIL) has secured new orders worth Rs 2,995 crore in transmission & distribution, building & factories, and water business categories. The company expressed confidence in its T&D EPC business contributing significantly to growth. KPIL's consolidated net profit rose 20.71% to Rs 169 crore with net sales rising by 22.30% to Rs 5,971 crore in Q4 FY24.

KPIL Board Approves Fundraising Proposal; HDFC Securities Gives Buy Call - 10 Jul, 2024

Kalpataru Projects International Limited (KPIL) is set to raise funds through the issuance of non-convertible debentures worth Rs 1,600 crore. Additionally, HDFC Securities has given a Buy call on KPIL with a target price of Rs 1,702 apiece, citing strong financial performance and significant order book growth.

KPIL Shows Promising Prospects Amidst Fundraising Plans - 09 Jul, 2024

Kalpataru Projects International Limited (KPIL) showcases a mixed financial landscape but secures significant new orders worth INR 23,330 million across various sectors. The company also plans to raise funds through non-convertible debentures issuance. HDFC Securities expects a sustained upward trend for KPIL stock price.

Kalpataru Projects Receives Buy Rating from Motilal Oswal - 01 Jul, 2024

Kalpataru Projects International Ltd has received a buy rating from Motilal Oswal with a target price of Rs 1,385. The company's annual report highlights its strategy to strengthen its presence in existing geographies and diversify into newer businesses such as data centers, airports, tunneling, urban mobility, hydrocarbons, etc. The company continues to be a key beneficiary of the domestic and global upswing in upgradation and expansion of the T&D network.

Kalpataru Bags Large Order, Receives Hold Call from Prabhudas Lilladher - 26 Jun, 2024

Kalpataru Projects International receives an order worth Rs 2,333 crore and has a strong order pipeline. Prabhudas Lilladher gives a hold call with a target price of Rs 1211 as the company reports a consolidated total income of Rs 5991 crore for Q4 FY24.

Kalpataru Projects Secures New Orders Worth Rs 2,333 Crore - 25 Jun, 2024

Kalpataru Projects International Limited (KPIL) has secured new orders worth Rs 2,333 crore through its engineering and construction divisions, joint ventures, and international subsidiaries. The orders include Transmission & Distribution (T&D) sector both domestically and internationally, an EPC contract for a metal industry industrial plant, and a residential building project in India. KPIL also reported a net profit of Rs 169 crore for the quarter ending March 2024, with revenue reaching Rs 5,971 crore. The company declared a dividend of Rs 8 per share for FY24.

Kalpataru Projects International to Trade Ex-Dividend Soon - 23 Jun, 2024

Kalpataru Projects International is set to trade ex-dividend on June 28th. The company's next dividend payment will be ₹8.00 per share, with a trailing yield of 0.7%. While earnings have been flat over the past five years, the dividend appears sustainable as it is covered by both profit and cash flow.

Kalpataru Projects International Poised for Growth Despite Challenges - 20 Jun, 2024

Kalpataru Projects International is expected to see substantial growth with earnings forecasted to increase by 25.52% annually over the next three years, outpacing Indian market averages. However, challenges include interest payments not being well covered by earnings and a low projected return on equity of 19.6%. The company's unstable dividend track record may also concern investors seeking consistent returns.

Kalpataru Receives Customs Duty Demand, Proposes Dividend - 19 Jun, 2024

Kalpataru Projects International has received a customs duty demand of Rs 1.77 crore and proposed a final dividend of Rs 8 per share for FY 2023-24.

Kalpataru Projects International Promoters Sell Stake - 18 Jun, 2024

Promoters of Kalpataru Projects International Ltd (KPIL) sold a 5.6% stake for Rs 1,053 crore to cut pledge shares and promoter debt, causing the stock to fall by 4.45%.