| Quarter | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 4,518 | 4,896 | 5,971 | 4,587 | 4,930 | 5,732 | 7,067 | 6,171 | 6,529 | 6,665 | 7,778 | 6,408 | |
Growth YoY Revenue Growth YoY% | 19.0 | 22.3 | 22.3 | 8.2 | 9.1 | 17.1 | 18.4 | 34.5 | 32.4 | 16.3 | 10.1 | 3.8 |
| 4,148 | 4,472 | 5,519 | 4,208 | 4,492 | 5,253 | 6,529 | 5,646 | 5,967 | 6,152 | 7,138 | 5,846 | |
| 371 | 424 | 452 | 379 | 438 | 479 | 538 | 525 | 561 | 513 | 640 | 562 | |
OPM OPM% | 8.2 | 8.7 | 7.6 | 8.3 | 8.9 | 8.4 | 7.6 | 8.5 | 8.6 | 7.7 | 8.2 | 8.8 |
| 12 | 14 | 20 | 22 | 17 | 10 | 13 | 16 | 23 | -1 | 103 | 77 | |
Interest Expense Interest ExpenseCr | 137 | 124 | 142 | 144 | 150 | 164 | 118 | 122 | 137 | 137 | 105 | 82 |
Depreciation DepreciationCr | 113 | 121 | 119 | 119 | 117 | 123 | 138 | 129 | 126 | 128 | 127 | 137 |
PBT PBTCr | 132 | 193 | 211 | 137 | 188 | 202 | 296 | 290 | 322 | 247 | 511 | 420 |
| 43 | 49 | 42 | 53 | 62 | 62 | 78 | 77 | 84 | 98 | 81 | 109 | |
| 90 | 144 | 169 | 84 | 126 | 140 | 218 | 214 | 237 | 149 | 431 | 312 | |
Growth YoY PAT Growth YoY% | -8.3 | 32.1 | 20.5 | -25.7 | 39.7 | -3.1 | 29.3 | 154.4 | 89.1 | 6.8 | 97.4 | 45.9 |
NPM NPM% | 2.0 | 2.9 | 2.8 | 1.8 | 2.5 | 2.4 | 3.1 | 3.5 | 3.6 | 2.2 | 5.5 | 4.9 |
| 5.5 | 8.7 | 10.1 | 5.7 | 7.7 | 8.7 | 13.4 | 12.5 | 14.1 | 8.9 | 25.4 | 18.2 |
| Quarter | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 4,518 | 4,896 | 5,971 | 4,587 | 4,930 | 5,732 | 7,067 | 6,171 | 6,529 | 6,665 | 7,778 | 6,408 | |
Growth YoY Revenue Growth YoY% | 19.0 | 22.3 | 22.3 | 8.2 | 9.1 | 17.1 | 18.4 | 34.5 | 32.4 | 16.3 | 10.1 | 3.8 |
| 4,148 | 4,472 | 5,519 | 4,208 | 4,492 | 5,253 | 6,529 | 5,646 | 5,967 | 6,152 | 7,138 | 5,846 | |
| 371 | 424 | 452 | 379 | 438 | 479 | 538 | 525 | 561 | 513 | 640 | 562 | |
OPM OPM% | 8.2 | 8.7 | 7.6 | 8.3 | 8.9 | 8.4 | 7.6 | 8.5 | 8.6 | 7.7 | 8.2 | 8.8 |
| 12 | 14 | 20 | 22 | 17 | 10 | 13 | 16 | 23 | -1 | 103 | 77 | |
Interest Expense Interest ExpenseCr | 137 | 124 | 142 | 144 | 150 | 164 | 118 | 122 | 137 | 137 | 105 | 82 |
Depreciation DepreciationCr | 113 | 121 | 119 | 119 | 117 | 123 | 138 | 129 | 126 | 128 | 127 | 137 |
PBT PBTCr | 132 | 193 | 211 | 137 | 188 | 202 | 296 | 290 | 322 | 247 | 511 | 420 |
| 43 | 49 | 42 | 53 | 62 | 62 | 78 | 77 | 84 | 98 | 81 | 109 | |
| 90 | 144 | 169 | 84 | 126 | 140 | 218 | 214 | 237 | 149 | 431 | 312 | |
Growth YoY PAT Growth YoY% | -8.3 | 32.1 | 20.5 | -25.7 | 39.7 | -3.1 | 29.3 | 154.4 | 89.1 | 6.8 | 97.4 | 45.9 |
NPM NPM% | 2.0 | 2.9 | 2.8 | 1.8 | 2.5 | 2.4 | 3.1 | 3.5 | 3.6 | 2.2 | 5.5 | 4.9 |
| 5.5 | 8.7 | 10.1 | 5.7 | 7.7 | 8.7 | 13.4 | 12.5 | 14.1 | 8.9 | 25.4 | 18.2 |
| Financial Year | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue RevenueCr | 7,185 | 7,512 | 8,709 | 10,840 | 12,676 | 12,949 | 14,777 | 16,361 | 19,626 | 22,316 | 27,143 | 27,380 |
Growth Revenue Growth% | -0.2 | 4.5 | 15.9 | 24.5 | 16.9 | 2.2 | 14.1 | 10.7 | 20.0 | 13.7 | 21.6 | 14.6 |
| 6,395 | 6,645 | 7,687 | 9,497 | 11,192 | 11,439 | 13,588 | 15,026 | 17,998 | 20,482 | 24,903 | 25,103 | |
| 790 | 867 | 1,022 | 1,344 | 1,484 | 1,510 | 1,190 | 1,335 | 1,629 | 1,834 | 2,240 | 2,277 | |
OPM OPM% | 11.0 | 11.6 | 11.7 | 12.4 | 11.7 | 11.7 | 8.1 | 8.2 | 8.3 | 8.2 | 8.3 | 8.3 |
| -18 | -8 | 8 | 29 | 25 | 244 | 254 | 165 | 64 | 62 | 141 | 202 | |
Interest Expense Interest ExpenseCr | 414 | 384 | 378 | 401 | 521 | 436 | 396 | 467 | 518 | 577 | 501 | 461 |
Depreciation DepreciationCr | 186 | 181 | 192 | 211 | 340 | 373 | 351 | 392 | 473 | 497 | 510 | 518 |
PBT PBTCr | 171 | 295 | 461 | 761 | 648 | 945 | 696 | 642 | 701 | 823 | 1,371 | 1,501 |
| 95 | 138 | 183 | 274 | 258 | 283 | 161 | 207 | 185 | 256 | 340 | 372 | |
PAT PATCr | 76 | 157 | 278 | 487 | 390 | 662 | 535 | 435 | 516 | 567 | 1,031 | 1,129 |
Growth PAT Growth% | -34.3 | 107.5 | 76.9 | 75.0 | -20.0 | 69.9 | -19.2 | -18.7 | 18.6 | 10.0 | 81.7 | 61.9 |
NPM NPM% | 1.1 | 2.1 | 3.2 | 4.5 | 3.1 | 5.1 | 3.6 | 2.7 | 2.6 | 2.5 | 3.8 | 4.1 |
| 4.9 | 12.2 | 18.3 | 30.4 | 25.3 | 44.3 | 36.3 | 29.1 | 31.4 | 35.5 | 60.9 | 66.5 |
| Financial Year | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue RevenueCr | 7,185 | 7,512 | 8,709 | 10,840 | 12,676 | 12,949 | 14,777 | 16,361 | 19,626 | 22,316 | 27,143 | 27,380 |
Growth Revenue Growth% | -0.2 | 4.5 | 15.9 | 24.5 | 16.9 | 2.2 | 14.1 | 10.7 | 20.0 | 13.7 | 21.6 | 14.6 |
| 6,395 | 6,645 | 7,687 | 9,497 | 11,192 | 11,439 | 13,588 | 15,026 | 17,998 | 20,482 | 24,903 | 25,103 | |
| 790 | 867 | 1,022 | 1,344 | 1,484 | 1,510 | 1,190 | 1,335 | 1,629 | 1,834 | 2,240 | 2,277 | |
OPM OPM% | 11.0 | 11.6 | 11.7 | 12.4 | 11.7 | 11.7 | 8.1 | 8.2 | 8.3 | 8.2 | 8.3 | 8.3 |
| -18 | -8 | 8 | 29 | 25 | 244 | 254 | 165 | 64 | 62 | 141 | 202 | |
Interest Expense Interest ExpenseCr | 414 | 384 | 378 | 401 | 521 | 436 | 396 | 467 | 518 | 577 | 501 | 461 |
Depreciation DepreciationCr | 186 | 181 | 192 | 211 | 340 | 373 | 351 | 392 | 473 | 497 | 510 | 518 |
PBT PBTCr | 171 | 295 | 461 | 761 | 648 | 945 | 696 | 642 | 701 | 823 | 1,371 | 1,501 |
| 95 | 138 | 183 | 274 | 258 | 283 | 161 | 207 | 185 | 256 | 340 | 372 | |
PAT PATCr | 76 | 157 | 278 | 487 | 390 | 662 | 535 | 435 | 516 | 567 | 1,031 | 1,129 |
Growth PAT Growth% | -34.3 | 107.5 | 76.9 | 75.0 | -20.0 | 69.9 | -19.2 | -18.7 | 18.6 | 10.0 | 81.7 | 61.9 |
NPM NPM% | 1.1 | 2.1 | 3.2 | 4.5 | 3.1 | 5.1 | 3.6 | 2.7 | 2.6 | 2.5 | 3.8 | 4.1 |
| 4.9 | 12.2 | 18.3 | 30.4 | 25.3 | 44.3 | 36.3 | 29.1 | 31.4 | 35.5 | 60.9 | 66.5 |
| Financial Year | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital Equity CapitalCr | 31 | 31 | 31 | 31 | 31 | 30 | 30 | 32 | 32 | 34 | 34 |
Reserves ReservesCr | 2,217 | 2,391 | 2,643 | 3,089 | 3,327 | 3,709 | 4,249 | 4,688 | 5,106 | 6,479 | 7,742 |
| 4,314 | 4,692 | 6,018 | 6,693 | 8,333 | 8,343 | 9,534 | 12,600 | 14,788 | 16,943 | 18,590 | |
| 2,770 | 2,957 | 3,564 | 4,174 | 3,951 | 3,152 | 3,260 | 2,287 | 2,137 | 2,172 | 1,390 | |
| 9,486 | 10,222 | 12,402 | 14,148 | 15,779 | 15,354 | 17,212 | 19,581 | 22,038 | 25,584 | 27,713 | |
| 5,596 | 6,311 | 7,926 | 9,202 | 11,798 | 11,321 | 12,914 | 15,751 | 18,279 | 21,510 | 23,254 | |
| 3,890 | 3,911 | 4,476 | 4,946 | 3,981 | 4,033 | 4,298 | 3,830 | 3,759 | 4,074 | 4,459 | |
| 9,486 | 10,222 | 12,402 | 14,148 | 15,779 | 15,354 | 17,212 | 19,581 | 22,038 | 25,584 | 27,713 |
| Financial Year | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital Equity CapitalCr | 31 | 31 | 31 | 31 | 31 | 30 | 30 | 32 | 32 | 34 | 34 |
Reserves ReservesCr | 2,217 | 2,391 | 2,643 | 3,089 | 3,327 | 3,709 | 4,249 | 4,688 | 5,106 | 6,479 | 7,742 |
| 4,314 | 4,692 | 6,018 | 6,693 | 8,333 | 8,343 | 9,534 | 12,600 | 14,788 | 16,943 | 18,590 | |
| 2,770 | 2,957 | 3,564 | 4,174 | 3,951 | 3,152 | 3,260 | 2,287 | 2,137 | 2,172 | 1,390 | |
| 9,486 | 10,222 | 12,402 | 14,148 | 15,779 | 15,354 | 17,212 | 19,581 | 22,038 | 25,584 | 27,713 | |
| 5,596 | 6,311 | 7,926 | 9,202 | 11,798 | 11,321 | 12,914 | 15,751 | 18,279 | 21,510 | 23,254 | |
| 3,890 | 3,911 | 4,476 | 4,946 | 3,981 | 4,033 | 4,298 | 3,830 | 3,759 | 4,074 | 4,459 | |
| 9,486 | 10,222 | 12,402 | 14,148 | 15,779 | 15,354 | 17,212 | 19,581 | 22,038 | 25,584 | 27,713 |
| Financial Year | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1,104 | 766 | 650 | 1,035 | 937 | 931 | 714 | 656 | 843 | 914 | 1,534 | |
| -386 | -233 | -700 | -836 | -747 | 8 | -255 | -326 | -263 | -719 | 0 | |
| -726 | -439 | 66 | -219 | 40 | -897 | 25 | -438 | -524 | 400 | -1,636 | |
Net Cash Flow Net Cash FlowCr | -9 | 93 | 17 | -19 | 230 | 43 | 484 | -104 | 53 | 595 | -94 |
Free Cash Flow Free Cash FlowCr | 742 | 542 | -3 | 1,042 | 943 | 957 | 760 | 709 | 876 | 977 | 1,650 |
CFO To PAT CFO To PAT% | 1,456.5 | 487.2 | 233.4 | 212.6 | 240.6 | 140.6 | 133.4 | 150.9 | 163.4 | 161.1 | 148.9 |
CFO To EBITDA CFO To EBITDA% | 139.8 | 88.3 | 63.6 | 77.0 | 63.2 | 61.7 | 60.0 | 49.2 | 51.8 | 49.8 | 68.5 |
| Financial Year | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1,104 | 766 | 650 | 1,035 | 937 | 931 | 714 | 656 | 843 | 914 | 1,534 | |
| -386 | -233 | -700 | -836 | -747 | 8 | -255 | -326 | -263 | -719 | 0 | |
| -726 | -439 | 66 | -219 | 40 | -897 | 25 | -438 | -524 | 400 | -1,636 | |
Net Cash Flow Net Cash FlowCr | -9 | 93 | 17 | -19 | 230 | 43 | 484 | -104 | 53 | 595 | -94 |
Free Cash Flow Free Cash FlowCr | 742 | 542 | -3 | 1,042 | 943 | 957 | 760 | 709 | 876 | 977 | 1,650 |
CFO To PAT CFO To PAT% | 1,456.5 | 487.2 | 233.4 | 212.6 | 240.6 | 140.6 | 133.4 | 150.9 | 163.4 | 161.1 | 148.9 |
CFO To EBITDA CFO To EBITDA% | 139.8 | 88.3 | 63.6 | 77.0 | 63.2 | 61.7 | 60.0 | 49.2 | 51.8 | 49.8 | 68.5 |
| Financial Year | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Market Cap Market CapitalizationCr | 3,141 | 4,943 | 7,388 | 7,205 | 2,808 | 5,612 | 5,460 | 8,692 | 17,315 | 16,642 | 18,057 | 24,110 |
Price To Earnings Price To Earnings | 31.3 | 26.5 | 26.3 | 15.4 | 7.2 | 8.4 | 10.1 | 19.7 | 34.0 | 28.4 | 17.4 | 21.2 |
Price To Sales Price To Sales | 0.4 | 0.7 | 0.8 | 0.7 | 0.2 | 0.4 | 0.4 | 0.5 | 0.9 | 0.8 | 0.7 | 0.9 |
Price To Book Price To Book | 1.4 | 2.0 | 2.8 | 2.3 | 0.8 | 1.5 | 1.3 | 1.8 | 3.4 | 2.6 | 2.3 | 3.1 |
EV To EBITDA EV To EBITDA | 7.2 | 8.4 | 9.9 | 6.9 | 3.5 | 5.5 | 6.8 | 8.6 | 12.5 | 10.5 | 8.8 | 11.3 |
GPM GPM% | 27.2 | 28.9 | 27.6 | 26.2 | 26.1 | 26.6 | 23.8 | 23.7 | 23.9 | 23.3 | 24.4 | 24.4 |
OPM OPM% | 11.0 | 11.6 | 11.7 | 12.4 | 11.7 | 11.7 | 8.1 | 8.2 | 8.3 | 8.2 | 8.3 | 8.3 |
NPM NPM% | 1.1 | 2.1 | 3.2 | 4.5 | 3.1 | 5.1 | 3.6 | 2.7 | 2.6 | 2.5 | 3.8 | 4.1 |
ROCE ROCE% | 11.9 | 13.6 | 14.8 | 21.2 | 18.6 | 19.7 | 13.5 | 13.0 | 13.3 | 12.9 | 16.5 | 16.5 |
ROE ROE% | 3.4 | 6.5 | 10.4 | 15.6 | 11.6 | 17.7 | 12.5 | 9.2 | 10.0 | 8.7 | 13.3 | 13.3 |
ROA ROA% | 0.8 | 1.5 | 2.2 | 3.4 | 2.5 | 4.3 | 3.1 | 2.2 | 2.3 | 2.2 | 3.7 | 3.7 |
| Financial Year | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Market Cap Market CapitalizationCr | 3,141 | 4,943 | 7,388 | 7,205 | 2,808 | 5,612 | 5,460 | 8,692 | 17,315 | 16,642 | 18,057 | 24,110 |
Price To Earnings Price To Earnings | 31.3 | 26.5 | 26.3 | 15.4 | 7.2 | 8.4 | 10.1 | 19.7 | 34.0 | 28.4 | 17.4 | 21.2 |
Price To Sales Price To Sales | 0.4 | 0.7 | 0.8 | 0.7 | 0.2 | 0.4 | 0.4 | 0.5 | 0.9 | 0.8 | 0.7 | 0.9 |
Price To Book Price To Book | 1.4 | 2.0 | 2.8 | 2.3 | 0.8 | 1.5 | 1.3 | 1.8 | 3.4 | 2.6 | 2.3 | 3.1 |
EV To EBITDA EV To EBITDA | 7.2 | 8.4 | 9.9 | 6.9 | 3.5 | 5.5 | 6.8 | 8.6 | 12.5 | 10.5 | 8.8 | 11.3 |
GPM GPM% | 27.2 | 28.9 | 27.6 | 26.2 | 26.1 | 26.6 | 23.8 | 23.7 | 23.9 | 23.3 | 24.4 | 24.4 |
OPM OPM% | 11.0 | 11.6 | 11.7 | 12.4 | 11.7 | 11.7 | 8.1 | 8.2 | 8.3 | 8.2 | 8.3 | 8.3 |
NPM NPM% | 1.1 | 2.1 | 3.2 | 4.5 | 3.1 | 5.1 | 3.6 | 2.7 | 2.6 | 2.5 | 3.8 | 4.1 |
ROCE ROCE% | 11.9 | 13.6 | 14.8 | 21.2 | 18.6 | 19.7 | 13.5 | 13.0 | 13.3 | 12.9 | 16.5 | 16.5 |
ROE ROE% | 3.4 | 6.5 | 10.4 | 15.6 | 11.6 | 17.7 | 12.5 | 9.2 | 10.0 | 8.7 | 13.3 | 13.3 |
ROA ROA% | 0.8 | 1.5 | 2.2 | 3.4 | 2.5 | 4.3 | 3.1 | 2.2 | 2.3 | 2.2 | 3.7 | 3.7 |
Documents — Kalpataru Projects International Ltd
Concall Transcript Summaries — Kalpataru Projects International Ltd