### **Overview** Kalpataru Projects International Limited (KPIL) is one of India’s largest and most diversified Engineering, Procurement, and Construction (EPC) conglomerates, with over 40 years of experience in energy and infrastructure development. Headquartered in India, KPIL has evolved into a global EPC powerhouse, operating across six high-growth sectors: **Power Transmission & Distribution (T&D), Buildings & Factories (B&F), Water, Railways, Oil & Gas, and Urban Infrastructure**. The company executes complex projects in over **30 countries** and maintains a presence in **75 countries**, establishing a robust international footprint. KPIL was formed through the strategic merger of **Kalpataru Power Transmission Ltd.** and **JMC Projects (India) Ltd.** in 2023, marking a transformative step in its evolution into a vertically integrated, global EPC leader focused on large-scale, multi-disciplinary infrastructure projects. --- ### **Core Business Segments** #### **1. Power Transmission & Distribution (T&D) – Flagship Business** - **Segment Dominance:** T&D remains KPIL’s largest revenue contributor, accounting for **41% of the order book (as of June 2025)**. - **Revenue & Growth:** The T&D division achieved **over ₹10,000 crore in FY25 revenue**, growing **28% YoY**, supported by strong domestic and international demand. - **Global Execution:** KPIL provides end-to-end EPC solutions for transmission lines (up to **1,200 kV**) and substations (up to **765 kV**) in over **30 countries**. - **International Subsidiaries:** - **Linjemontage i Grästorp AB (Sweden):** A wholly owned subsidiary specializing in **400 kV** substations and transmission lines. As of March 2025, LMG had a record **order book of USD 404 million+**, with over **75% revenue growth** in FY25. - **Fasttel Engenharia S.A. (Brazil):** A 100% subsidiary operating in over **20 Brazilian states**, with expertise in EHV projects up to **750 kV**. Fasttel delivered **5 major transmission projects** in FY25 and maintains an order book of **over USD 100 million**. - **Technological Edge:** KPIL owns a **world-class Twin Tower Testing Facility** in Gandhinagar capable of testing towers up to **1,200 kV**. It also developed **V-TOWER**, an in-house software that eliminates third-party design costs (saving ₹8–10 lakh per license). - **Manufacturing Capacity:** Two integrated tower fabrication plants in India with a **combined annual capacity of 240,000 metric tons**, supported by in-house galvanizing, painting, and automation technologies. #### **2. Buildings & Factories (B&F)** - **Segment Growth:** B&F contributed **25% of the order book** and reported **₹5,854 crore in FY25 revenue**, a **22% YoY increase**. - **Key Projects:** - Executing **India’s single-largest residential project (14 million sq. ft.)**. - Constructing **two data centers** in India. - Winning large **design-build** contracts from repeat clients, indicating high client satisfaction. - **New Verticals:** Actively expanding into **data centers, industrial plants, healthcare, and IT parks**, leveraging in-house capabilities in scaffolding, girders, and formwork. - **Backward Integration:** Established a **Raipur fabrication plant** producing formwork, scaffolding, and heavy girders for internal and external use, improving cost efficiency and margin strength. #### **3. Water Infrastructure** - **Impact & Scale:** KPIL’s water division has laid **over 34,600 km of piped water networks** and established **10 lakh house connections**, benefiting **over 15 million people**. - **Geographic Presence:** Active in **India, Sri Lanka, Maldives, Mongolia**, and expanding in Africa and Southeast Asia. - **Comprehensive Services:** Offers full EPC solutions for water supply, treatment, desalination, irrigation, and operations & maintenance (O&M). - **Strategic Milestone:** Secured its **first international water project** in the Maldives, marking international diversification in this segment. #### **4. Oil & Gas** - **Rapid Expansion:** Revenue more than **doubled to ₹1,758 crore in FY25**, driven by execution excellence and international ramp-up. - **Major Project:** Secured a **large EPC pipeline contract from a leading Saudi energy major**, positioning KPIL as a credible player in the Middle East hydrocarbon sector. - **Global Reach:** Has commissioned **over 11,500 km of pipelines** globally, with 14 ongoing projects in India and the Middle East. - **Future Focus:** Pursuing opportunities in **Africa, Southeast Asia, and Latin America**. #### **5. Railways** - **Railway Electrification Leadership:** Contributed **18% of total railway electrification in India** over the last five years, completing **8,900+ track km** since inception. - **Capable Scope:** Offers **end-to-end solutions** including track laying, bridges, stations, signaling, and third-rail DC systems. - **Innovation:** Uses an **innovative cantilever bracket system** to remove scaffolding needs, improving safety and reducing construction time. - **International Expansion:** Targeting new markets in **Croatia, Bangladesh, Tanzania**, and others. #### **6. Urban Infrastructure** - **Metro & Mobility:** Executing **underground metro projects in Kanpur and Bhopal** using **tunnel boring machines (TBMs)**. - **Highway & Flyovers:** Delivered **over 2,500 lane km of highways** and **22+ km of flyovers** across India, Ghana, Ethiopia, and Maldives. - **Airport Projects:** Currently working on **Hanimadhoo International Airport (Maldives)**, marking entry into **international airport EPC**. - **Recent Wins:** Secured **Nagpur Elevated Metro Project (₹847 crore)**, strengthening urban mobility portfolio. --- ### **Order Book & Financials (As of June 30, 2025)** - **Consolidated Order Book:** **₹65,475 crore**, representing a **3.5x order-to-revenue ratio**, ensuring strong revenue visibility. - **Revenue Diversification:** - **T&D:** 41% - **Buildings & Factories:** 25% - **Water:** 14% - **Oil & Gas:** 11% - **Railways:** 5% - **Urban Infra:** 4% - **Geographic Spread:** - **40% international projects**, providing resilience and balanced revenue mix. - Key regions: **Africa, Middle East, Latin America, Europe, and South Asia**. - **FY26 YTD Order Inflows:** **₹14,951 crore**, with strong momentum across all segments. --- ### **Global Presence & Subsidiaries** - **Operational in 75 countries**, with projects underway in over **30**. - **Strategic Acquisitions:** - **Linjemontage (Sweden):** Acquired in 2019; tripled business size by 2025. - **Fasttel (Brazil):** Acquired with 51% stake in 2021, later fully owned; has secured over **₹6,200 crore in orders** in the last five years. - **Kalpataru Power Chile SpA:** Established to serve the Latin American market. - **Subsidiaries & JVs:** - **Shree Shubham Logistics Ltd. (SSLL):** Operates **400+ warehouses** across 6 Indian states with **12+ million sq. ft. storage capacity**, engaged in agri-logistics, collateral management, and warehousing. - **Biomass Power Plants:** Owns two plants in **Rajasthan (7.8 MW + 8 MW)**, generating renewable energy and supporting rural livelihoods. --- ### **Technology & Digital Transformation** - **Automation & Mechanization:** Deployed **tunnel boring machines, automated rebar processing**, and **modular formwork**, increasing productivity **4–5x**. - **Digital Platforms:** - **3D Cloud Platform:** Integrates drone and GIS data for 3D visualization and real-time project tracking across 50+ projects. - **V-TOWER Software:** In-house tower analysis system enhancing design accuracy and reducing licensing costs. - **VR Safety Training:** Immersive modules developed for O&G, Water, Rail, and T&D projects, improving safety outcomes. - **Future Roadmap:** Expanding **AI, real-time analytics, and automated project dashboards** to enhance decision-making and ESG performance. --- ### **ESG & Sustainability** - **Carbon Reduction:** Biomass plants use agricultural waste, avoiding open-field burning and reducing emissions. - **Green Projects:** Actively involved in **HVDC transmission, solar EPC, and water sustainability** projects supporting clean energy transition. - **Certifications:** ISO 9001, ISO 14001, ISO 45001, and ISO 37001 (anti-bribery) across multiple units. --- ### **Key Strengths & Competitive Advantages** 1. **Diversified Portfolio:** Resilience across sectors and geographies reduces dependence on any single market. 2. **Global-Local ("World’s Local EPC Partner"):** Combines international expertise with localized execution in over 75 countries. 3. **Stragility Model:** Blend of **long-term strategic planning** and **agile execution**. 4. **In-House Capabilities:** Full vertical integration in design, manufacturing, testing, and construction. 5. **Proven Execution:** Delivered over **₹58,768 crore** worth of EPC projects between FY22 and H1FY25. ---