About the Company

Kalpataru Projects International Limited (KPIL) is a leading global Engineering, Procurement and Construction (EPC) company, incorporated in 1981 and listed in India. The company executes complex infrastructure across Power Transmission & Distribution, Buildings & Factories, Water Supply & Irrigation, Railways, Oil & Gas and Urban Infrastructure, with footprints in 75 countries across five continents and 300+ projects under execution at any point in time . KPIL was formerly known as Kalpataru Power Transmission Limited, reflecting its transmission roots before diversifying into adjacent infrastructure verticals . As of March 31, 2025, KPIL had 22 direct and indirect subsidiaries and 1 joint venture company .

A brief history of milestones highlights the company’s evolution: it began as “HT Power Structures” and secured its first EPC T&D contract (1981–1994); was listed on Indian stock exchanges and established an R&D centre with an 800 kV tower testing facility (1995–2000); diversified into Urban Infrastructure and Railways and acquired Shree Shubham Logistics (2006–2010); ventured into Water, built a new manufacturing plant in Raipur and secured its first international highway and railway projects (2011–2015); expanded its global presence, acquiring Linjemontage in Sweden (2016–2020); and acquired Fasttel in Brazil, while JMC Projects (India) Ltd. merged with Kalpataru Power Transmission Ltd. to form KPIL (2021–2024) . KPIL’s global footprint spans Latin America & the Caribbean, Europe, Africa, the Middle East and Asia Pacific .

Business Segments

– Power Transmission & Distribution – 37.16 Per cent of turnover.

– Buildings & Factories – 30.99 Per cent.

– Water – 12.09 Per cent.

– Railways – 5.39 Per cent.

– Domestic vs International (Standalone): Revenue outside India was 30.47 Per cent of revenues; balance from India (69.53 Per cent)  .

Key Management

– Mofatraj P. Munot – Non-Executive Chairman (Promoter) .

– Manish Mohnot – Managing Director & CEO .

– Shailendra Kumar Tripathi – Dy. Managing Director .

– Ram Patodia – Chief Financial Officer .

– Shweta Girotra – Company Secretary and Compliance Officer .

Latest Updates

– Capital raise: KPIL completed a Qualified Institutional Placement on December 16, 2024, raising Rs 999.99 crore; the proceeds were fully utilised for debt repayment and general corporate purposes, with no deviations from stated objects .

– Order wins and execution: In Transmission & Distribution, KPIL secured marquee HVDC orders in India and strengthened its presence in Latin America and Africa; its Swedish subsidiary reported its highest-ever revenue and order wins .

– Buildings & Factories: Won its first design–build airport EPC order in India and added large residential and industrial projects, enhancing design–build and MEP capabilities .

– Water: Won a new design–build–operate project for a water treatment plant and reservoirs in Punjab, and is executing 40+ water and irrigation projects in India .

– Railways: Secured new overhead electrification and associated works worth around Rs 600 crore .

– Oil & Gas: Reported revenue growth of about 114 Per cent year-on-year and commenced work on a gas pipeline project in Saudi Arabia .

– Urban Infrastructure: Started works on two underground metro rail projects in India and won a new elevated metro project in Nagpur .

– Governance and recognition: KPIL’s Anti-Bribery Management System is certified to ISO 37001:2016 and the company received the SKOCH Order-of-Merit for this initiative .

– Board changes: The Board re-appointed Manish Mohnot as Managing Director & CEO for three years from April 01, 2025; it also approved the re-appointment of Shailendra Kumar Tripathi as Dy. Managing Director (subject to shareholder approval) and appointed Ms. Raksha Kothari as an Independent Director with effect from May 19, 2025 (subject to shareholder approval) .