Questions across 3 calls

Gaurav Uttrani

Axis Capital

Kalpataru Projects International Limited

Kalpataru Projects International Limited CC-Mar25.pdf · 2025-05-19

Sir, just wanted to check on margin, like we have seen that margins on the stand-alone level are stable, but we have seen some bit of drag on the consol level. So what was the main reason that we have seen that margins have declined on a consolidated basis? If you can tell any specific segment or subsidiary which have not performed well as per our expectation?

Got it, sir. Sir, second question is on the order inflow, which you have given the guidance of INR 26,000 crores to INR 28,000 crores. So where we can see that major improvement will be? Would it be largely driven by T&D and B&F? Or are we seeing some good traction into Water and Urban Infra segment as well for that? So I just want a broad breakup like how do we plan for this FY '26 inflows in terms of segment against the number of INR 26,000 crores to INR 28,000 crores?

Kalpataru Projects International Limited CC-Dec24.pdf · 2025-02-14

Sir, we've seen that order inflow has been largely driven by T&D segment and other segments like B&F and all are largely flat on a year-on-year basis if we have look on a 9M basis also. So is it like we are selective in taking order for the B& F? And we have also seen like there's an order inflow in railway segment of almost like INR364 crores. So what sort of orders we are taking in railways as you mentioned that we'll be very cautious in the segment going forward?

Got it, sir. And sir, if you talk about the railway segment s pecifically so our order book, which was outstanding like at INR3,700 crores, that remains largely flat. So are we seeing still challenges in execution for that legacy projects or backlog, which you already we have, which is being on our working capital an d margins? And when do we expect that to be get over like, say, for in terms of next quarter or say for the next 6 months?

KEC International Limited

KEC International Limited CC-Dec24.pdf · 2025-02-04

Thank you for the opportunity, sir. Sir just needed to ask on that, like our order book is majorly composed of T&D now like 55% of the order book, and we are very selective in taking orders on the civil side say for any of the other non T&D segments. So, if that segment is not performing as per expectation in FY '26 and challenges such as for labor and supply chain challenges continue for power T&D, so are we positive on achieving our revenue guidance of 15% FY '26, if other segments are not performing and slowdown in T&D segment, if you see any sort of --

Okay, sir. Got it. And sir specifically on the oil and gas segment you mentioned about there being some inquiry in the domestic market from steel manufacturers and all. So, are you seeing any order conversion on that side? And apart from that, on the Afri can region, you said about a second qualification on that region, so what is the progress in that part?