KEC International Ltd.

KEC International Ltd.

331.70
INR
-2.15
(-0.64%)
20.80EPS
25.06P/E
138.80BMarket Cap
Nov 09Next Earn
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
279.73
268.52
326.7
329.04
385.56
420.19
457.62
505.39
525.65
661.13
762.2
822.77
875.33
883.25
Basic EPS, GAAP
2.6
6.26
5.75
11.86
17.91
19.28
22
21.5
12.92
6.85
13.49
21.8
22.75
20.8
Free Cash Flow per Basic Share
-0.36
5.95
-2.93
64.63
25.66
7.73
3.4
32.66
-11.04
23.87
12.1
16.01
-15.56
- -
Dividend per Share
0.58
0.68
2.24
0.04
1.6
2.39
6.06
0.02
3.99
4
3
3.93
5.5
- -
Book Value per Share
46.35
46.03
50.19
61.7
77.7
94.72
108.82
130.68
140.8
146.7
159.31
200.88
231.39
- -
Tangible Book Value per Share
25.94
33.67
37.93
50.15
66.67
82.43
96.74
119.72
129.35
134.99
147.96
190.25
219.8
- -
Basic Weighted Avg Shares
257
257
257
257
257
257
257
257
257
257
257
262
266
266
Sales/Revenue/Turnover
71,915
69,035
83,991
84,593
99,124
108,027
117,649
129,929
135,138
169,968
195,953
215,366
233,013
235,062
Operating Margin (%)
-0.22
-11.75
10.2
12.15
10.98
9.53
9.35
8.68
5.84
4.63
6.08
7.18
7.51
5.94
Depreciation Expense
705
881
1,318
1,297
1,097
1,171
1,472
1,525
1,579
1,615
1,854
1,837
1,974
2,023
Net Income, GAAP
668
1,610
1,479
3,048
4,604
4,958
5,655
5,527
3,321
1,760
3,468
5,707
6,056
5,536
Effective Tax Rate (%)
56.96
38.33
49.27
34.24
33.32
34.58
28.44
26.88
16.86
- -
18.69
21.55
23.26
23.17
Profit Margin (%)
0.93
2.33
1.76
3.6
4.64
4.59
4.81
4.25
2.46
1.04
1.77
2.65
2.6
2.36
Working Capital
1,668
2,810
2,906
8,400
11,806
15,964
12,975
15,961
15,867
16,166
16,242
31,598
42,013
- -
LT Debt
6,026
7,263
5,929
7,757
7,384
5,411
2,637
3,318
5,607
6,563
3,842
5,699
8,820
- -
Total Equity
11,916
11,833
12,904
15,864
19,975
24,351
27,976
33,597
36,199
37,714
40,957
53,475
61,597
- -
Return on Invested Capital (%)
-0.87
-12.1
8.26
12.66
17.84
15.51
15.92
14.66
9.99
- -
12.45
13.46
11.6
- -
Return on Capital (%)
5.76
9.29
6.64
11.33
16.28
17.33
16.27
13.8
9.75
- -
11.51
12.48
10.63
- -
Return on Common Equity (%)
5.71
13.56
11.96
21.19
25.69
22.37
21.61
17.95
9.52
4.76
8.82
12.09
10.53
- -

Capital Structure

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
- -
44,958
- -
LT Borrowings
- -
6,614
- -
LT Finance Leases
- -
2,206
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
266
266
266
Market Capitalization
196,323
136,201
138,797

Working Capital

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
- -
222,091
- -
Cash, Cash Equivalents & STI
- -
4,681
- -
Accounts Receivable, Net
- -
113,967
- -
Inventories
- -
15,327
- -
Total Current Liabilities
- -
180,078
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
44,958
- -
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
17.2%
13.26%
15.19%
Free Cash Flow
-229.6%
-132.71%
-198.82%
Net Income, GAAP
25.74%
16.16%
6.11%
Sales/Revenue/Turnover
10.94%
12.63%
8.19%
Total Cash Common Dividend
2,402.1%
4,091.39%
42.41%

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
45,119
51,133
53,494
68,721
215,366
2026
50,229
60,916
60,014
63,898
233,013
2027
50,235
- -
- -
- -
- -

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
3.41
3.32
4.87
10.08
21.8
2026
4.68
6.04
4.79
7.24
22.75
2027
2.73
- -
- -
- -
- -

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
3.93
2026
- -
- -
- -
- -
5.5
2027
- -
- -
- -
- -
- -

Company Description

CEO
Vimal Ramballabh Kejriwal
Full Time Employees
48,036
Sector
Industrial services
Industry
Engineering & construction
Address
RPG House Mumbai MH India 400030
IPO Date
Mar 10, 2006
Website
kecrpg.com
Business
KEC International Limited, the flagship company of the RPG Group and headquartered in Mumbai, India, is a USD 2.6 billion global infrastructure engineering, procurement and construction (EPC) major originally founded in 1945 as Kamani Engineering Corporation. The company designs, manufactures, supplies and constructs turnkey projects across power transmission and distribution including high-voltage lines up to 1,200 kV, extra-high-voltage (EHV) projects, substations, distribution networks and rural electrification; railway infrastructure encompassing electrification systems, bridges, tunnels, signaling and track expansions; civil works such as buildings, factories, luxury villas and upstream steel projects; smart infrastructure solutions featuring innovative grid management, intelligent transportation and digital asset optimization; renewables including solar and wind power plants; oil and gas pipelines; and cables and conductors comprising power, instrumentation, control, telecom, railway and aluminum types produced at facilities in India, Dubai, Brazil and Mexico. KEC International operates in over 110 countries across six continents with projects currently executing in more than 30 nations, targeting power utilities, railways, real estate developers, steel companies, private developers and governments. In recent developments, the company has secured multiple large orders in 2025 including Rs 1,133 crore for transmission and distribution from Power Grid Corporation of India and private developers with a high-voltage direct current (HVDC) project; Rs 1,174 crore for +/-800 kV HVDC and 765 kV lines in India plus 380 kV lines in Saudi Arabia; Rs 1,016 crore across civil (luxury villas and steel projects), transmission and distribution (400 kV UAE lines), cables and its first Middle East oil and gas pipeline order, pushing year-to-date intake past Rs 17,000 crore; and commissioned the first phase of an aluminum conductor plant in Vadodara while planning a greenfield E-beam and rubber cables facility by March 2026.