Synopsis:
KEC International Limited has won Transmission & Distribution projects worth Rs.2,238 crore in India and the Middle East.
The shares of the largest power transmission firm focus on power transmission and infrastructure projects in India and abroad, have gained market interest after receiving an order worth Rs.2,238 crores.
With a market capitalization of Rs.23,028.96 crore, the shares of KEC International Limited were trading at Rs.866.15, up by 0.92 percent from the previous day’s closing price of Rs.858.25.
Order
KEC International Limited, part of RPG Group, has won new Transmission & Distribution orders worth Rs.1,174 crore. The project includes setting up key power transmission lines in India and the Middle East, such as ±800 kV HVDC and 765 kV lines for a private client in India and 380 kV transmission lines in Saudi Arabia.
The company got another international Transmission & Distribution order worth Rs.1,064 crore for a project in Saudi Arabia. The contract involves designing, supplying, and installing a 380 kV transmission line, further strengthening its foothold in the Middle Eastern power market. Followingly, it has an YTD order intake of 15,000 crores.
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About the company & others
KEC International Limited is a leading global engineering, procurement, and construction company. It operates in areas such as power transmission and distribution, civil engineering, transportation, renewables, oil and gas pipelines, and cables & conductors. The company has a presence in over 110 countries through its EPC projects and supply of towers and cables, and it is the flagship company of the RPG Group.
According to the available data, the total Order Book stands at Rs.34,409 crore, with 60 percent in Transmission & Distribution,28 percent in Civil projects,9 percent in Transportation. Cables, renewables, and oil and gas each contribute 1 percent.
About 65 percent of these projects are in India, while 35 percent are international. The company has a strong project pipeline, with the Order Book plus projects where it is the lowest bidder totaling over Rs.40,000 crore, and new tenders are worth more than Rs.1,80,000 crore.
The company’s revenue increased from Rs.4,512 crore in Q1FY25 to Rs.5,023 crore in Q1FY26, while net profit rose from Rs.88 crore to Rs.125 crore over the same period. It reports a return on equity of 12 percent and a return on capital employed of 18 percent.
Written by Jhanavi Sivakumar
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