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NSE:KEC

KEC INTL. LIMITED

Construction › Construction·NIFTY 500NIFTY MIDSMALLCAP 400NIFTY MIDSMALLCAP400 50:50NIFTY SMALLCAP 100+5
₹338.95
at close · 28 Oct 2026
▲ 8.70 (+2.63%)
ThemesRailways· coreBatteries & Energy Storage· growingElectric Vehicles· growingGreen Hydrogen· growingDefence· announcedSemiconductors & Electronics· announced

Latest filings

Next results: Mon, 2 Nov · Financial Results
  1. KEC International schedules Q2 FY27 earnings call for November 3 · Board & Shareholder Meetings
  2. KEC International board to approve September quarter and half-year results · Results
  3. KEC wins Rs 2,872 crore PGCIL transmission orders · Compliance
All filings ↓
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Snapshot

What the business is, and whether it's a good one at a fair price.

AI · written from filings

Builds power transmission lines, civil works, cables and renewable-energy projects on an engineering, procurement and construction (EPC) basis across more than 110 countries. EPC is the dominant line, contributing 90.8% of segment revenue at Rs 21,988.29 crore in FY26, with an EBIT of Rs 1,513.01 crore; the residual "Others" segment made up 9.2% at Rs 2,216.7 crore (EBIT Rs 145.56 crore). Recent order wins include a 400 kV transmission line powering a data centre in Western India (its first such order), a 200+ MW solar PV project, and what the company describes as its largest-ever tower supply order from the USA, alongside Middle East and Americas business. FY26 order intake was Rs 25,280 crore and the closing order book stood at Rs 36,267 crore, giving multi-quarter revenue visibility. Total FY26 revenue was Rs 23,505.54 crore with an EBITDA margin of 7.02%, and materials at 49.2% of revenue are by far the biggest cost input, ahead of other opex at 38.0% and employee cost at 7.1%.

Revenue mix · reported segments
EPC90.8%
Others9.2%
Operating scale
Order intake
Rs 25,280 croreFY26
Order book
Rs 36,267 croreFY26
Geographic footprint
Over 110 countriesFY26
EPC segment revenue
Rs 21,988.29 croreFY26
EPC segment EBIT
Rs 1,513.01 croreFY26
New order win (Jul 2026)
Rs 1,180 crore (T&D, Renewables, Civil, Cables including 400 kV data centre line and 200+ MW solar PV)Jul 2026
Who pays it
Power transmission utilities (including PGCIL in India), renewable energy developers, and cable buyers across India, the Americas and the Middle East.
Biggest cost
Materials at 49.2% of revenue (FY26), followed by other operating expenses at 38.0%.
Kind of business
Project-driven, asset-heavy global EPC contractor in infrastructure with a long order-to-revenue cycle.
Where it sits
Global infrastructure EPC company present in more than 110 countries; part of the RPG Group.
Market Cap
₹9,023 Cr
P / E (TTM)
16.3×
EV / EBITDA
8.6×
Div Yield
1.62%
Growth
12.4%▲
Revenue 5y CAGR
PAT +1.8% · EBITDA +7.1%
Quality
20.3%▲
ROCE (5y median)
ROE 9.2% (5y median) · margin 7.0%
Leverage
0.83·
Debt / Equity · moderate
Net debt ₹4,692 Cr
Revenue FY21→FY26
1.8×▲
Margin −1.6 pts
₹13,114 Cr → ₹23,506 Cr
Cash conversion
0.31×▼
Operating cash ÷ profit · 5 yrs
₹639 Cr on ₹2,031 Cr
Moves on a normal day
1.23%·
Median daily move
Last 267 sessions · the yardstick for filing-day moves
Where it sits among 110 Civil Construction peersBar = share of peers beaten · tick = industry median · latest reported figures
P/E (TTM)#59/101
P/B#48/85
ROCE#52/107
ROE#40/87
Debt / Equity#70/87
EBITDA margin#73/88
Revenue growth#53/86
Profit growth#59/84

Scorecard

Measured from the filed financials, judged against its Civil Construction peers · as of FY26 — not investment advice

Strengths
Revenue compounding 12% a year over 5 years
Returns on capital 20.3% (5-year median)
#52 of 107 in Civil Construction on the latest reported figures · down from 27.1% in FY21
Negative working-capital cycle — the business is funded by its suppliers
Pays out 24% of profit as dividend
Concerns
Carries more debt than its peers — 0.83× equity
higher than 80% of its 87 Civil Construction peers
Over 5 years it reported ₹2,031 Cr of profit and ₹639 Cr of operating cash — 0.31×
Less than 60p of every ₹1 of profit arrived as cash

Charts

How has the market priced it — with filings on the timeline?

KEC · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Peers

How does it stack up on valuation, returns and growth?

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Financials

Quarterly & annual P&L, balance sheet, cash flow, ratios and segments.

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Ownership

Who owns it — and is the promoter stake clean?

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Common questions

Answered from KEC INTL. LIMITED's filed financials and exchange disclosures

What does KEC INTL. LIMITED do?

KEC INTL. LIMITED is a Construction company listed on NSE and BSE, trading under the symbol KEC.

Is KEC INTL. LIMITED profitable?

Yes. Over the trailing twelve months KEC INTL. LIMITED reported a net profit of ₹554 Cr on revenue of ₹23,506 Cr.

Does KEC INTL. LIMITED pay a dividend?

Yes. The dividend yield is 1.62% at the current price. It paid out 24% of its profit as dividend in FY26.

Is KEC INTL. LIMITED debt-free?

No. It reported borrowings of ₹5,103 Cr on its 31 Mar 2026 balance sheet, or net debt of ₹4,692 Cr after cash. Debt stands at 0.83× equity. That is higher than 80% of its 87 Civil Construction peers.

Is KEC INTL. LIMITED expensive compared with its peers?

On trailing P/E, KEC INTL. LIMITED ranks 59 of 101 in Civil Construction — cheaper than 42% of them, against an industry median of 13.5×. This is a position, not a valuation judgement.

How much does the KEC INTL. LIMITED share price move in a day?

On a typical session KEC INTL. LIMITED moves 1.23% — that is the median absolute close-to-close move across its last 267 trading days. MarketPing measures each filing's price reaction against it.

When are KEC INTL. LIMITED's next results?

Financial Results on Mon, 2 Nov. MarketPing alerts you on WhatsApp the moment the filing lands.

Where can I track KEC INTL. LIMITED's announcements?

Every NSE and BSE filing by KEC INTL. LIMITED appears on this page, AI-summarised, alongside the price reaction that followed it. Follow the company to get each new filing on WhatsApp within minutes.

Figures are as last reported and may lag the latest filing. Not investment advice.