KPTL is powered with Rs 1395 worth new order
Mayuresh Deshmukh / 24 Dec 2015
Domestic order inflow for KPTL almost doubled during the year. The order book stands at Rs 2100 crores for the current year.
Kalpataru Power Transmission Limited (KPTL) informed the stock exchanges that it has secured a major order worth Rs 1395 crores. It is a leading global Engineering Procurement Construction (EPC) player in the power and infrastructure contracting sector. It bagged the order from Tamil Nadu Transmission Corporation Ltd. and the Transmission Corporation of Telangana for a consideration of approximately Rs 770 crores and Rs 437 crores respectively. The orders are for Turnkey transmission line project in Tamil Nadu and Telangana. It also received an order from Reliance gas pipeline for a pipeline project worth Rs 188 crores.
KPTL is engaged in the manufacture of metal frameworks or skeletons for construction and parts, such as towers, masts, trusses and bridges. The Company offers a range of solutions in the field of power transmission, infrastructure and asset creation. Its segments include Transmission & Distribution, Infrastructure EPC and Others.
Domestic order inflow for KPTL almost doubled during the year. The order book stands at Rs 2100 crores for the current year. With this it also received an order from Tanzania, Ukraine, Thailand, Tajikistan, Ethiopia and Kuwait for transmission line projects of Rs 960 crores. The company is expecting the momentum to continue for at least 1-2 years considering the government's push for the sector.
On the financial front KPTL's total operating revenue increased by 1.52 per cent to Rs 7198 crores in FY15 as compared to Rs 7090 crores in FY14. The EBITDA of the company stands at Rs.704 crores an increase of 19.43 percent and the EBITDA margin is 9.78 percent as compared to 8.32 percent for the same period last year. The substantial increase in EBITDA is driven by good operational efficiency of the company. The net profit of the company for FY15 stood at Rs 115 crores a decrease of 6.86 percent on yearly basis. The decrease in net profit has been driven by substantial increase of 39 per cent in tax expenses.
The total FII in September 2015 decreased to 9.15 per cent as compared to 9.74 per cent in June 2015. The total DII for the same period increased to 21.94 per cent from 21.31 per cent in June 2015.
The stock of the company is trading at Rs. 265.70 a decrease of 0.39 per cent from the previous close.
If you want to stay updated with the share market news today, keep a close watch on the indian stock market today with real time movements like sensex today live and overall stock market today trends. Investors tracking ipo allotment status, ipo news today, or the latest ipo india can also follow daily updates along with bse share price live data. Whether you are learning how to invest in stock market in india, preparing for a market crash today, or searching for the best stocks to buy in india, insights on top gainers today india, top losers today india, trending stocks india and long term stocks india help in making informed investment decisions.