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Mon, 28 Sept 2026
09:52:32 am
Mon, 28 Sept 2026
09:52:32 am
Rudransh Sangwan
Published at: September 28, 2026, 6:04 AM
Synopsis
Kalpataru Projects has received a UAE gas pipeline EPC award worth over Rs 4,000 crore, after Rs 2,025 crore of recent orders across its businesses.
Kalpataru Projects International has received a letter of award for an engineering, procurement and construction project involving a gas pipeline in the UAE. The order is valued at more than Rs 4,000 crore, making it a "major" order under the company's classification.
The order adds to Kalpataru Projects' recent order wins across its power transmission and distribution, oil and gas, and buildings and factories businesses. Last week, the company said it had received new orders and notifications of awards worth Rs 2,025 crore across these businesses.
Shares of Kalpataru Projects were trading lower despite the order announcement. The stock was down 0.6% at Rs 1,382.5 on Monday, while it remained up 15% so far this year.
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Kalpataru Projects said it has received a letter of award for the engineering, procurement and construction of a gas pipeline project in the UAE. The company classified the order as a "major" order because its estimated value is above Rs 4,000 crore.
An EPC order covers the work needed to engineer, procure materials and build the project. In this case, the project is related to a gas pipeline in the UAE, adding another large overseas order to Kalpataru Projects' oil and gas business.
The company did not provide further project details in the supplied information, such as the exact project location, execution period or expected revenue contribution. The order value is therefore the main disclosed figure from the announcement.
The latest award follows another set of orders and award notifications announced by Kalpataru Projects last week. Those orders had a combined value of Rs 2,025 crore and covered three business areas.
| Particulars | Details |
|---|---|
| Latest project | UAE gas pipeline |
| Order type | Engineering, procurement and construction |
| Order value | More than Rs 4,000 crore |
| Business | Oil and gas |
| Previous week's orders | Rs 2,025 crore |
| Latest stock price in source | Rs 1,382.5 |
| Stock movement on Monday | Down 0.6% |
| Stock performance so far this year | Up 15% |
The previous week's order wins included projects in power transmission and distribution, oil and gas, and buildings and factories. This gives the latest UAE order context within a broader period of order activity at the company.
Kalpataru Projects has reported orders across several parts of its business in recent updates. The latest UAE award is specifically linked to its oil and gas business and involves an overseas gas pipeline project.
The company has also been receiving orders outside oil and gas. The Rs 2,025 crore of orders and notifications announced last week covered power transmission and distribution, oil and gas, and buildings and factories.
For readers tracking the company's order activity, the latest announcement therefore adds to a recent series of awards instead of being an isolated project disclosure.
The supplied information does not provide the total order book after the latest award. It also does not state how the new UAE project will change the company's order book or future revenue. Those figures cannot be inferred from the disclosed order value alone.
Kalpataru Projects had reported its June quarter results last month. Net profit rose 45% to Rs 310 crore, compared with Rs 214 crore in the same period last year.
Revenue increased 4% from Rs 6,171.2 crore in the year ago period. The supplied source lists the latest revenue figure as Rs 6,4018 crore, but the figure is not presented clearly enough to restate it as an exact current revenue amount.
| Financial metric | June quarter |
|---|---|
| Net profit | Rs 310 crore |
| Net profit a year earlier | Rs 214 crore |
| Profit growth | 45% |
| Revenue growth | 4% |
| Revenue in year ago period | Rs 6,171.2 crore |
The profit increase was stronger than the reported revenue growth. The results provide the latest financial context for the company alongside its recent order announcements.
The latest award gives Kalpataru Projects another large project in its oil and gas business and expands its disclosed order activity in the UAE.
The value of more than Rs 4,000 crore is also larger than the Rs 2,025 crore of orders and award notifications announced by the company in the previous week. However, the two figures cover different announcements and should not be treated as a combined order book unless the company provides that figure.
The UAE project also adds an overseas component to the company's recent order wins. The supplied information does not disclose the project's execution timeline, margins or expected contribution to revenue, so its financial impact cannot be quantified from the announcement alone.
Kalpataru Projects' recent activity can be viewed alongside other corporate developments covered by WeloMoney, including recent stock market developments and large corporate transactions.
Kalpataru Projects shares did not hold their early gains after the order announcement. The stock was trading 0.6% lower at Rs 1,382.5 on Monday, according to the supplied market update.
Despite the day's fall, the stock was still 15% higher so far this year. The supplied information does not provide a longer price history or explain the reason for the day's decline.
The share price movement also cannot by itself indicate how the market values the new order. Factors such as earnings, future margins, execution and further order announcements would be needed for a fuller assessment.
Investors tracking Kalpataru Projects will have several company specific figures to follow after the UAE order.
The next company disclosures may provide more information on the size of the order book, project execution timelines and the financial contribution expected from recent awards.
Kalpataru Projects International is involved in power transmission and distribution, oil and gas, and buildings and factories businesses, based on the business segments mentioned in the company's recent order announcements.
The latest UAE award is part of its oil and gas business and involves the construction of a gas pipeline. The company has also reported recent order activity in its other business areas.
Kalpataru Projects International has received a letter of award for an engineering, procurement and construction gas pipeline project in the UAE. The order is estimated to be worth more than Rs 4,000 crore.
The new Kalpataru Projects order is worth more than Rs 4,000 crore. The company classifies orders above this level as "major" orders.
Kalpataru Projects said it had received new orders and notifications of awards worth Rs 2,025 crore in the previous week. These covered power transmission and distribution, oil and gas, and buildings and factories projects.
Kalpataru Projects reported net profit of Rs 310 crore for the June quarter, up 45% from Rs 214 crore in the same period last year. Revenue growth was reported at 4%.
Kalpataru Projects shares were trading at Rs 1,382.5 on Monday in the supplied update, down 0.6% on the day. The stock was still up 15% so far this year.
Investors tracking Kalpataru Projects can watch project execution, further order announcements, revenue growth and profit performance. The company may also provide more details on the UAE project's timeline and financial contribution in future disclosures.
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