This infrastructure-focused stock, engaged in Engineering, Procurement, and Construction(EPC) contracting across sectors like power, railways, and civil works, rose 5% on Wednesday after securing new civil orders worth Rs 1,236 crore.
With the market capitalization of Rs 24,600 Crores, the shares of KEC International Limited jumped over 5% making an intraday high of Rs 938.00 per share from its previous closing price of Rs 888.30 per share.
KEC International Ltd has secured new orders worth Rs 1,236 crore from renowned real estate developers for the development of high-rise residential projects in Western India, covering over 50 lakh sq. ft. of built-up area along with associated infrastructure.
Mr. Vimal Kejriwal, MD & CEO, KEC International Ltd. commented, “We are delighted with the premium orders secured in our Civil business, including our largest order in the Buildings & Factories (B&F) segment. This marks a key milestone in our strategic foray into the premium high-rise residential segment, with buildings reaching up to G+70 storeys.
These wins have significantly strengthened our Civil order book, particularly in the B&F segment and expanded our presence with the addition of two prestigious clients.
With these orders, KEC is now constructing over 70 high-rise buildings for marquee clients across the country. Our YTD order intake has surpassed Rs. 5,500 crores, a healthy growth of ~35% vis-à-vis last year”
KEC International Ltd, based in Mumbai, is the flagship company of the RPG Group and a leading global player in the Engineering, Procurement, and Construction (EPC) space. With a business size of USD 2.4 billion.
The company works across major infrastructure sectors like power transmission and distribution, civil construction, railways, renewable energy, oil & gas pipelines, and cables. The company manages projects end-to-end and has a presence in over 110 countries with manufacturing units in India, Dubai, Brazil, and Mexico.
With 80+ years of experience, KEC is known for its strong execution, safety focus, and global supply chain. It is currently evaluating tenders worth Rs 1.8 lakh crore and holds an order book + L1 position of over Rs 40,000 crore.
The company reported a strong performance in FY25, with revenue rising 9.71 percent to Rs 21,847 crore from Rs 19,914 crore in FY24. Net profit saw a sharp 64.5 percent jump to Rs 571 crore, compared to Rs 347 crore a year ago. The company reports a healthy ROCE of 16.0 percent and ROE of 12.1 percent.
Written By Rohan Pandey
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