Rs 63,287 Crore Order Book: KPIL Acquired the Remaining 35% of Kalpataru IBN Omairah Company Ltd

Kalpataru Projects International Limited (KPIL) has entered into an agreement to acquire the remaining 35 per cent equity stake in its joint venture, Kalpataru IBN Omairah Company Limited (KIOCL), from Bin Omairah Contracting Company Limited. The acquisition, valued at SAR 10 million (approximately USD 2.67 million), is being conducted through a cash transaction and is expected to be finalised by May 31, 2026. Once the customary regulatory approvals in Saudi Arabia are secured, KIOCL will transition from a joint venture to a wholly owned subsidiary of KPIL.

Incorporated in 2015, KIOCL specialises in EPC works for power transmission, distribution, and substations within the Kingdom of Saudi Arabia. While the entity reported a turnover of approximately SAR 90.79 million for FY25—a decrease from the SAR 268.25 million recorded in FY24—it remains a strategic vehicle for KPIL’s regional operations. By consolidating 100 per cent control, KPIL aims to further strengthen its market presence and operational flexibility in the Saudi Arabian energy infrastructure sector

About the Company

Kalpataru Projects International Limited (KPIL) is one of the largest specialised EPC companies engaged in power transmission & distribution, buildings & factories, water supply & irrigation, Railways, oil & gas pipelines, urban mobility (flyovers & metro rail), highways and airports. KPIL is currently executing projects in over 30 countries and has a global footprint in 75 countries. KPIL has maintained a leadership position in all its major businesses, backed by strong organisational capabilities, superior technical know-how, and adherence to best-in-class sustainability standards.

Order Book: The company’s order book stands at Rs 63,287 crore as of December 31, 2025, an increase of 3 per cent YoY, with 63 per cent domestic orders and 37 per cent international orders. Total order inflows of Rs 19,456 crore on a YTD basis.

In its annual results, the net sales increased by 14 per cent to Rs 22,316 crore and net profit increased by 10 per cent to Rs 567 crore in FY25 compared to FY24. The company has a market cap of over Rs 20,000 crore. The stock is up by 57 per cent from its 52-week low of Rs 770.05 per share and has given multibagger returns of over 200 per cent in 5 years.  

Disclaimer: The article is for informational purposes only and not investment advice.