Mumbai | Thursday, 9 February 2023 | Kalpataru Power Transmission Limited (KPTL), a leading global infrastructure EPC company, announced its results today for the third quarter and the Nine Months ended 31st December, 2022.
FINANCIAL HIGHLIGHTS – KPTL (STANDALONE) – Q3 FY23
∙ Revenue at ₹3,509 crores in Q3 FY23 compared to ₹3,196 crores in Q3 FY22, growth of 10% YoY ∙ EBITDA at ₹307 crores in Q3 FY23 compared to ₹290 crores in Q3 FY22, growth of 6% YoY
∙ EBITDA margin at 8.7%
∙ PBT (before exceptional) at ₹166 crores with a margin of 4.7%
∙ Reported PAT at ₹111 crores, with a margin of 3.2%
∙ Net Debt as on 31st December 2022 at ₹2,053 crores
FINANCIAL HIGHLIGHTS – KPTL (STANDALONE) – 9M FY23
∙ Revenue at ₹ 9,941 crores, grew by 12% YoY
∙ EBITDA grew by 10% at ₹ 853 crores in Q3 FY23; EBITDA margin at 8.6%
∙ PBT (before exceptional) at ₹ 520 crores, up by 12% YoY, with a margin of 5.2%
∙ Reported PAT at ₹ 379 crores, up by 84% YoY
∙ Order Book as on 31st December 2022 at ₹ 41,442 crores (including LMG and Fasttel)
∙ Received new orders (including LMG & Fasttel) of ₹ 19,487 Crores for YTD FY23
FINANCIAL HIGHLIGHTS – KPTL (CONSOLIDATED) – Q3 FY23
∙ Revenue at ₹4,004 crores, up 3% YoY
∙ EBITDA at ₹376 crores, growth of 4% YoY; EBITDA margin at 9.4%
∙ PBT (before exceptional) stood at ₹161 crores with a margin of 4.0%
∙ Reported PAT stood at ₹109 crores
∙ Net Debt as on 31st December 2022 at ₹2,896 crores
FINANCIAL HIGHLIGHTS – KPTL (CONSOLIDATED) – 9M FY23
∙ Revenue at ₹11,479 crores, grew by 8% YoY
∙ EBITDA increased by 8% at ₹1,041 crores; EBITDA margin at 9.1%
∙ PBT (before exceptional) at ₹450 crores, with a margin of 3.9%
∙ Reported PAT stood at ₹295 crores, with a margin of 2.6%
∙ Revenue of LMG (Sweden) of ₹801 Crores and Fasttel (Brazil) of ₹316 Crores in 9M FY23
Management Comments
Commenting on the results, Mr. Manish Mohnot, MD & CEO, KPTL said:
“This has been a period of focusing on our positioning for the future as we consummate the merger of JMC with KPTL. The merger strengthens our business model and sets us strong to reap the benefits of global energy transition and infrastructure development in India and international markets. We are uniquely placed given our differentiated civil-engineering-led capabilities, international presence and healthy balance sheet to accelerate profitable growth. We have delivered a good performance in the quarter underpinned by strong operational execution despite the continued cost pressure and macro headwinds. An EBITDA margin of 9% range, demonstrates the strength of our profitable growth-led execution business model.
Our T&D (international), Water, B&F and Urban Infra business are seeing robust traction, as our order wins are at a record high. We continue to progress on improving our working capital intensity, speedier project closures and divesting non-core assets in order to further optimise our debt levels”.
