Power packed performance of Kalpataru Power

May 2007

Mumbai : Kalpataru Power Transmission Ltd., a leader in EPC Contracting and Infrastructure services, has shown a powerful performance by reporting 80% increase in the gross turnover for the financial year 2006-07 to Rs.15,670 Million (USD 390 Million) from Rs.8,712 Million (USD 217 Million). The PBT is Rs.2,167 Million (up by 130%) for the year against Rs.944 Million in the previous year and PAT is Rs.1,580 Million (up by 138%) against Rs 665 Million for the previous year.

The Board recommended an annual dividend of 75% as compared to 50% in the previous year. EPS for the year was Rs. 65.32 per share as compared to Rs. 30.63 in previous year. For the fourth quarter ending March 07, the gross turnover rose by 43% and was Rs.5,304 Million (USD 132 Million) from Rs.3717 Million (USD 92 Million).

The PBT for the quarter is Rs.867 Million (up almost 100%) for the year against Rs.435 Million in the previous year and PAT is Rs.643 Million (up by 106%) against Rs 312 Million for the previous year. Major Achievements of the Company: Order backlog (including L1 bids) is approx Rs.23000 Million (USD 575 Million). Exports (including overseas project) for the year has constituted over 25% of total turnover, at an all time high of Rs. 4000 Million (USD 100 Million). The company continues to expand its global footprint and currently undertaking turnkey projects in Algeria, Ethiopia, Kenya, Tanzania, Zambia, Nepal, Philippines & Qatar.  

Major Achievements of the Company:

• Order backlog (including L1 bids) is approx Rs.23000 Million (USD 575 Million).
• Exports (including overseas project) for the year has constituted over 25% of total turnover, at an all time high of Rs. 4000 Million (USD 100 Million). The company continues to expand its global footprint and currently undertaking turnkey projects in Algeria, Ethiopia, Kenya, Tanzania, Zambia, Nepal, Philippines & Qatar.
• During the year, the company made its first break through in rural electrification / distribution projects in Africa with its first project in Kenya.
• The Company has also successfully entered the North American markets with securing its first tower supplies order directly to a North American Power Utility.
• The Infrastructure/ Pipeline division had distinction of completing three projects successfully. After the successful completion of Mumbai - Manmad - Mangliya pipeline (16" & 8", 442 km for BPCL), Vijaypur Kota pipeline (18", 110 km for GAIL) and the company is on verge of completion of its prestigious Panvel - Dhabol pipeline (30", 74 km for GAIL).
• The company has acquired 65% equity stake in Shree Shubham Logistics Ltd, engaged in Warehousing activities in the state of Rajasthan. The company has planned to invest approximately Rs 500 Million to focus on scaling up its Logistics operations in a phased manner.

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