Kalpataru Power Transmission Limited

Kalpataru Power Transmission Limited (KPTL) is amongst the largest players firmly entrenched in the global power transmission and infrastructure EPC space. With proven experience and expertise spanning over three decades, KPTL today has established its footprints in over 50 countries, executing marquee projects with comprehensive capabilities that deliver complete solutions covering design, testing, fabrication, erection and construction of transmission lines, oil and gas infrastructure and railways projects on a turnkey basis. KPTL is part of the Kalpataru Group established in 1969. It is a diversified conglomerate spanning Real Estate, Power Generation and Transmission, Construction of Roads, Factories, Buildings and Oil and Gas Infrastructure and Agri-Logistics spaces. Over 2000 strong technical manpower of KPTL delivers compelling advantage, combining in-house research, engineering and manufacturing that ensure the highest value proposition to clients. The Company has an annual production capacity of over 180,000 MT of transmission towers at its state-of-the-art manufacturing facilities in India and an ultra-modern tower testing facility, making it amongst the global largest power transmission EPC Company. KPTL’s wide reach and presence includes international geographies like Africa, CIS countries, the Middle East, SAARC, Asia-Pacific and the Americas. The financials of the company is good, RoE is 13.09% and at CMP its looks fairly priced. As this is Open Offer buyback, so there is no arbitrage benefit to investors.  So we give NEUTRAL rating to this buyback.

• 1 Mr. Rajesh Pirogiwal
• 2 Mrs. Sunita Pirogiwal
• 3 Miss Tanvi Pirogiwal