Audited Financial Results (Standalone and Consolidated) for the Quarter and Financial Year ended March 31, 2025
Awaiting price reaction for this filing.
Kalpataru Projects International Ltd reported consolidated revenue from operations of Rs. 22,315.78 crores for FY25, up about 13.7% from Rs. 19,626.43 crores in FY24. Profit after tax rose to Rs. 567.27 crores from Rs. 515.90 crores, with PAT attributable to owners growing to Rs. 585.70 crores. Q4 FY25 revenue jumped to Rs. 7,066.77 crores (up ~18% YoY) and PAT grew ~29% to Rs. 218.17 crores. EPS for the full year stood at Rs. 35.53 versus Rs. 31.37. The Board recommended a dividend of Rs. 9 per share and the company raised Rs. 999.99 crores via a QIP during the year at Rs. 1,201 per share. Auditor B S R & Co. LLP issued an unmodified (clean) opinion on both standalone and consolidated results.
Strong Q4 performance and healthy order book execution should be positive for the stock, supported by a clean audit, capital raise strengthening the balance sheet, and a decent dividend. However, investors should watch tax disputes (Rs. 141.31 crore income tax reassessment demand and Rs. 19.69 crore GST demand) currently under appeal, and weak subsidiary performance where 23 subsidiaries posted a combined loss of Rs. 108.34 crores.