Kalpataru Projects shares rally 5% after bagging Rs 989 crore overseas power T&D orders
Kalpataru Projects share price target
(You can now subscribe to our
(You can now subscribe to our ETMarkets WhatsApp channel
Shares of Kalpataru Projects International Limited (KPIL) rose as much as 4.6% on Tuesday to Rs 1,285 on the BSE after the company announced fresh orders and notifications of awards worth approximately Rs 989 crore in the overseas power transmission and distribution (T&D) segment.These orders have been secured by KPIL and its international subsidiaries.The company recently reported a strong financial performance for Q4FY25, with consolidated net profit rising 37.2% year-on-year to Rs 225.4 crore, compared to Rs 164.3 crore in the same quarter last year. This growth was supported by healthy execution across business segments.Revenue for the quarter grew 18.3% to Rs 7,066.7 crore from Rs 5,971.2 crore in Q4FY24, while EBITDA rose 18.9% to Rs 537.8 crore from Rs 452 crore. EBITDA margin remained stable at 7.6%, compared to 7.5% a year ago.For the full year FY25, revenue increased 14% to Rs 22,316 crore, while EBITDA rose 13% to Rs 1,834 crore. Profit before tax (PBT) grew 17% to Rs 823 crore, and net profit stood at Rs 567 crore.The company recorded order inflows of Rs 25,475 crore in FY25, taking the total order book to Rs 64,495 crore as of March 31, 2025. Net debt stood at Rs 1,953 crore.According to Trendlyne, the average analyst target price for Kalpataru Projects is Rs 1,308, indicating a potential upside of around 7% from current levels. Among 16 analysts tracking the stock, the consensus rating is 'Buy'.On the technical front, the Relative Strength Index (RSI) stands at 65.5—indicating strong momentum but not yet in overbought territory. The stock is also trading above its 20-day, 50-day, 100-day, and 200-day simple moving averages, underscoring continued bullish sentiment. Kalpataru Projects shares have risen nearly 26% in the past three months and delivered a 129% return over the past two years. The company's current market capitalisation is approximately Rs 20,988 crore.: Recommendations, suggestions, views, and opinions given by the experts are their own. These do not represent the views of Economic Times)
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Time of India
31 minutes ago
- Time of India
Rekha says no dearth of funds for capital's development projects
New Delhi: Chief minister Rekha Gupta has issued directions to the heads of all departments of the Delhi govt to ensure the timely completion of all projects projected in this financial year. Tired of too many ads? go ad free now Officials said the chief minister chaired a meeting of the heads of all departments earlier this week and asserted that development work in the capital would not be hindered by financial constraints. While the Delhi govt passed a budget of Rs 1 lakh crore for the 2025-26 financial year, officials said the chief minister clarified in the meeting that there was enough money in the coffers to fund the projects and the centre was also open to the idea of helping the city wherever required. "She issued clear directives that all capital projects outlined in the budget must be implemented without any delay, and their progress should be reviewed regularly. All senior officers must continuously monitor these initiatives and take immediate, effective action to resolve any issues," said an official who was part of the meeting. "The CM highlighted that the Delhi govt passed a record budget of Rs 1 lakh crore to ensure that no project faces financial constraints," the official added. The meeting was called to review the progress of ongoing development projects, public service initiatives, and administrative reforms. "During the meeting, the CM stressed that the capital's progress towards a 'Developed Delhi' will not be impeded by financial constraints, and noted that her govt had an adequate budget while the Centre was also providing full support," said an official, adding that the CM clearly mentioned she would continue to review the projects regularly to ensure their timely completion. Tired of too many ads? go ad free now The chief minister also directed that the e-office system be strengthened and utilised to its full potential, stressing that no development work should face obstruction under any circumstances. She also expressed satisfaction with the success of the digital governance system and emphasised promoting it further, along with ensuring the full implementation of the e-office system. She said that 119 of 199 departments had adopted the system, while the remaining ones would also join the e-office system soon to ensure the complete digitalisation of offices.
Hans India
an hour ago
- Hans India
FirstCry parent Brainbees' net loss stands at Rs 66.5 crore in Q1
Mumbai: Omnichannel kidswear brand FirstCry's parent company, Brainbees Solutions, on Wednesday reported a consolidated net loss of Rs 66.5 crore for the first quarter (Q1) of FY26. This is 12 per cent lower than the Rs 75.6 crore loss recorded in the same quarter previous year (Q1 FY25), according to its stock exchange filing. On a sequential basis, the loss fell sharply by 41 per cent from Rs 111.5 crore in the previous March quarter (Q4 FY25). The company's operating revenue for the April–June quarter rose 13 per cent year-on-year (YoY) to Rs 1,862.6 crore, compared to Rs 1,652.1 crore a year ago. However, revenue slipped 3.5 per cent from Rs 1,930.3 crore in the preceding quarter, the company stated in its regulatory filing. Including other income of Rs 48.4 crore, the total income increased 14 per cent YoY to Rs 1,911 crore. Total expenses during the quarter grew 14 per cent to Rs 1,829.4 crore. Earnings before interest, tax, depreciation, and amortisation (EBITDA) dropped 33 per cent to Rs 33.10 crore from Rs 49.10 crore in the same period previous year, with the EBITDA margin narrowing to 1.8 per cent from 3 per cent. The company announced its results after market hours. On Wednesday, Brainbees' shares closed 0.07 per cent lower at Rs 374.90 on the National Stock Exchange (NSE), while the benchmark Nifty gained 0.54 per cent. The stock has fallen 44.79 per cent over the past year and 42.50 per cent so far in 2025, as per the official data. Along with its Q1 results, Brainbees said its board has approved an investment of Rs 19.96 crore in Globalbees Brands Private Limited, a key subsidiary. The investment will be made from the company's IPO proceeds. Globalbees operates in multiple consumer categories, including beauty, home care, personal care, nutrition and wellness, fashion jewellery, eyewear, health and fitness, sports, and home and kitchen appliances.
Time of India
an hour ago
- Time of India
ED searches 8 locations in Lucknow, Delhi in Rohtas projects fraud case
1 2 Lucknow: The Enforcement Directorate (ED) on Wednesday carried out searches at eight premises — six in Lucknow and two in Delhi — in connection with the multi-crore Rohtas Projects fraud. The searches continued until the last reports came in. The ED also seized documents and papers, for which a forensic audit will be conducted. The probe stems from an ECIR registered in 2021 based on 48 FIRs filed by home and commercial space buyers, which have since risen to 88. A forensic audit by UP RERA pegged the proceeds of crime (POC) at Rs 248 crore. The firm's promoter brothers — Piyush Rastogi, Paresh Rastogi, and Deepak Rastogi — have been absconding for four years. ED sources said no property attachments were made by them so far due to a lack of evidence and the accused's non-cooperation. The searches aim to gather crucial records and trace assets for attachment under the Prevention of Money Laundering Act (PMLA). Sources privy to the probe revealed that the agency questioned the son of absconding Piyush Rastogi in Lucknow. The promoters or their legal representatives could not be contacted immediately for a comment on the ED action against them. In Oct 2023, a Lucknow court issued an order for confiscating property worth Rs 21 crore belonging to one Paresh Rastogi, accused in 82 cases registered against him since 2017 at various police stations. Total assets worth Rs 137 crore were confiscated by Lucknow police. The cases against the accused were registered in Hazratganj, Gautam Palli, Chinhat, Vibhuti Khand, and Gosaiganj police stations. Paresh Rastogi entered into the world of crime in 2007 and started buying and selling land/buildings. "To hide the money earned from crime, the accused formed a company named Rohtas Project Ltd. The accused then started purchasing property in the name of his company and in favour of his family members through benami transactions, and further properties were created illegally by using the property acquired through crime," said the officer. "Rastogi first defrauded people of crores of rupees in the name of constructing residential/commercial buildings and did not even provide residential/commercial buildings. When people wanted to withdraw their money, he kept giving them false consolation and tricking them for a long time and suppressed their voice due to his dominance," the officer added. CBI's anti-corruption bureau of the Lucknow unit has also registered a case against Rohtas Builders in connection with an alleged fraud worth Rs 16.87 crore. Stay updated with the latest local news from your city on Times of India (TOI). Check upcoming bank holidays , public holidays , and current gold rates and silver prices in your area.
