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KPIL Order Inflows Near ₹15,000 Crore in FY26, Up 25% YoY

Oct 24, 2025

KPTL Power Infrastructure Ltd (KPIL), one of India’s leading engineering, procurement, and construction (EPC) companies in the power transmission and distribution (T&D) as well as buildings and factories (B&F) sectors, has reported strong order inflows for FY26 so far. According to Manish Mohnot, Managing Director and CEO of KPIL, the company’s cumulative order inflows have neared ₹15,000 crore this financial year — a robust year-on-year growth of about 25%.

Mohnot said, “We are pleased with the strong ordering momentum in our T&D and B&F businesses with cumulative order inflows till date in FY26 nearing ₹15,000 crore, representing a healthy growth of 25% YoY.”

The statement highlights KPIL’s strengthening position in India’s infrastructure and energy value chain, where public and private sector investment in power transmission, renewable energy integration, and urban infrastructure continues to expand. The growth in order book reflects continued demand for grid modernization, inter-state transmission projects, and large-scale civil infrastructure development, especially in the wake of India’s ambitious energy transition targets and industrial corridor expansion.

KPIL’s performance gains further relevance given India’s strong policy push toward renewable integration and reliable transmission networks. The company has been executing multiple projects under central and state utility programs and private sector contracts, both in domestic and international markets. The order momentum suggests sustained demand across segments, including high-voltage transmission lines, substations, and large-scale industrial and commercial infrastructure works.

Industry experts note that KPIL’s growth trajectory aligns with broader sectoral trends. India’s power infrastructure is witnessing an upcycle driven by the government’s focus on grid expansion and rural electrification, along with private sector participation in renewable evacuation projects. Meanwhile, the buildings and factories vertical benefits from the ongoing industrial and urban construction boom, particularly in manufacturing zones and institutional infrastructure.

While the company’s detailed project mix was not disclosed, its healthy YoY growth in order inflows underscores a robust project pipeline. Analysts point out that such growth, if sustained, could significantly strengthen KPIL’s revenue visibility over the next several quarters. It also highlights the company’s ability to diversify across sectors and geographies — a critical factor in mitigating cyclical risk in the EPC industry.

The ₹15,000 crore figure is noteworthy in the context of the overall infrastructure push in FY26, with India’s public capital expenditure continuing to drive demand for large-scale construction and energy projects. KPIL’s T&D business remains a core contributor, supported by ongoing grid interconnection projects and high-voltage transmission infrastructure investments. Simultaneously, the B&F segment has benefited from rising industrial capex, particularly in data centers, metro rail, and manufacturing infrastructure.

The management’s commentary suggests that the company expects the growth momentum to continue in the coming quarters, as execution on recently secured projects scales up. Market analysts will be watching KPIL’s order conversion rate and execution efficiency closely, especially in light of commodity cost fluctuations and evolving financing conditions in the infrastructure sector.

Overall, the update from KPIL signals optimism for India’s EPC ecosystem. Strong order inflows not only point to sectoral health but also reflect sustained investor and institutional confidence in infrastructure expansion. With the company nearing ₹15,000 crore in orders and maintaining a 25% YoY growth rate, KPIL is well-positioned to capitalize on India’s ongoing energy and infrastructure growth story.

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