KEC International Ltd

K E C International has secured new orders of Rs 1,236 crore across various businesses: Transmission & Distribution (T&D): The business has secured orders for T&D projects in India and Middle East: ' Transmission line and Substation orders in Middle East (UAE and Kuwait) ' Substation order from a private TBCB player in India Civil: The business has secured an order for a Residential project from a leading private developer in Western India. Transportation: The business has secured an order in the prestigious Train Collision Avoidance System (TCAS) segment under 'Kavach' in India. Cables: The business has secured orders for supply of various types of cables in India and overseas.Powered by Capital Market - Live

The company's Transmission & Distribution (T&D) business has secured orders for transmission lines and substations in the Middle East (UAE and Kuwait), as well as a substation order from a private TBCB player in India. Additionally, KEC's civil business has secured an order for a residential project from a leading private developer in Western India. In its transportation segment, the company has secured an order in the prestigious train collision avoidance system (TCAS) segment under the 'Kavach' initiative in India. Furthermore, KEC's cables business has secured orders for the supply of various types of cables in India and overseas. Vimal Kejriwal, MD & CEO of KEC International, commented, 'We are delighted with the new order wins, especially the substation orders in both India and international markets. The order in the UAE has significantly expanded our order book in the Middle East substation market. Our civil business continues to expand its client base in the residential segment with the addition of a renowned real estate developer. With these orders, our total order intake for FY25 stands at a record level of Rs 24,600 crore, reflecting robust growth of 36% compared to last year.' KEC International is part of the RPG group. The company is a global EPC major in power T&D systems. It has also diversified in railway infrastructure, manufacturing cables (for power, telecom, solar, and railways), civil construction with a focus on the construction of industrial plants, warehouses, residential and commercial complexes, smart infrastructure, and renewable sector (solar) projects. The company has reported a 34% rise in net profit to Rs 130 crore on a 7% increase in revenues to Rs 5,349 crore in Q3 FY25, compared with Q3 FY24. Shares of KEC International fell 1.35% to currently trade at Rs 771.95 on the BSE. Powered by Capital Market - Live

The company's transmission & distribution (T&D) business has received a comfort letter for projects in both India and Americas. These projects includes 800 kV HVDC & 765 kV Transmission line orders, from Power Grid Corporation of India (PGCIL) along with the supply of towers, hardware and poles in Americas. The cable business has received orders for supply of various types of cables and conductors in India and overseas. Vimal Kejriwal, MD & CEO, KEC International, said, 'We are delighted with the substantial orders secured in our T&D business, particularly in the prestigious HVDC and 765 kV segments from PGCIL for green energy evacuation. These wins have further strengthened our T&D order book in India. We have a strong positive outlook on the growth of India's T&D market, fueled by the nation's rising energy needs and the government's unwavering drive to enhance renewable power capacity and transmission infrastructure. With these new orders, our YTD order intake stands at over Rs. 23,300 crores, a growth of 35% vis-'-vis last year.' KEC International is a global infrastructure engineering, procurement and construction (EPC) major. It has a presence in the verticals of power transmission & distribution, civil, transportation, renewables, oil & gas pipelines, and cables. The company has reported 34% rise in net profit to Rs 130 crore on a 7% increase in revenues to Rs 5,349 crore in Q3 FY25 as compared with Q3 FY24.Powered by Capital Market - Live

K E C International has received a refund of Rs 177 crore from Income Tax Department. Powered by Capital Market - Live

EBITDA improved by 22% YoY to Rs 374 crore in the third quarter. EBITDA margin was 7% in Q3 FY25 as against 6.2% in Q3 FY24. Profit before tax in Q3 FY25 stood at Rs 160 crore, up by 32% from Rs 121 crore in Q3 FY24. The company's has recorded an order intake of over Rs. 22,000 crore on YTD basis, which is a growth of more than 70% on YoY basis. The YTD order book was at Rs 37,440 crore with L1-orders valued at over Rs. 4,000 crore. Net debt, including acceptances, stood at Rs 5,574 crore as of 31 December 2024, a reduction of Rs 471 crore as compared with the debt levels as om 31 December 2023. Vimal Kejriwal, MD & CEO, KEC International Ltd., said: We have delivered a good performance for the quarter, reflected in the significant growth in profitability, record order intake and a robust order book. Despite challenges such as ongoing manpower shortages and geopolitical uncertainties, we achieved growth in our Revenues. Our EBITDA margins improved by 80 basis points, rising to 7.0% in Q3 FY25 compared to 6.2% in Q3 FY24. The outlook in all our major businesses remains optimistic. With a solid and diversified order book + L1 of over Rs 41,000 crore, improved execution visibility, benign cost environment and a substantial tender pipeline, we are well positioned to deliver sustained growth in the coming quarters. KEC International is a global infrastructure engineering, procurement and construction (EPC) major. It has a presence in the verticals of power transmission & distribution, civil, transportation, renewables, oil & gas pipelines, and cables. The scrip fell 1.87% to currently trade at Rs 780.10 on the BSE. Powered by Capital Market - Live

Net profit of K E C International rose 33.75% to Rs 129.56 crore in the quarter ended December 2024 as against Rs 96.87 crore during the previous quarter ended December 2023. Sales rose 6.84% to Rs 5349.38 crore in the quarter ended December 2024 as against Rs 5006.72 crore during the previous quarter ended December 2023. ParticularsQuarter EndedDec. 2024Dec. 2023% Var. Sales5349.385006.72 7 OPM %7.006.15 - PBDT205.15169.52 21 PBT159.83120.72 32 NP129.5696.87 34 Powered by Capital Market - Live

KEC International will hold a meeting of the Board of Directors of the Company on 3 February 2025.Powered by Capital Market - Live

K E C International Ltd lost 1.81% today to trade at Rs 872.6. The BSE India Infrastructure Index index is down 0.3% to quote at 569.98. The index is down 5.95 % over last one month. Among the other constituents of the index, JSW Energy Ltd decreased 1.07% and Larsen & Toubro Ltd lost 1.02% on the day. The BSE India Infrastructure Index index went up 8.25 % over last one year compared to the 7.53% surge in benchmark SENSEX. K E C International Ltd has lost 26.1% over last one month compared to 5.95% fall in BSE India Infrastructure Index index and 2.62% drop in the SENSEX. On the BSE, 796 shares were traded in the counter so far compared with average daily volumes of 35620 shares in the past one month. The stock hit a record high of Rs 1312 on 04 Dec 2024. The stock hit a 52-week low of Rs 607.25 on 24 Jan 2024.Powered by Capital Market - Live

Aegis Logistics Ltd, Mangalore Refinery And Petrochemicals Ltd, Sundram Fasteners Ltd, Schneider Electric Infrastructure Ltd are among the other stocks to see a surge in volumes on BSE today, 08 January 2025.K E C International Ltd clocked volume of 1.07 lakh shares by 10:46 IST on BSE, a 4.13 times surge over two-week average daily volume of 25979 shares. The stock lost 5.11% to Rs.1,070.00. Volumes stood at 49354 shares in the last session.Aegis Logistics Ltd clocked volume of 5.2 lakh shares by 10:46 IST on BSE, a 3.12 times surge over two-week average daily volume of 1.67 lakh shares. The stock gained 2.31% to Rs.992.65. Volumes stood at 6.34 lakh shares in the last session.Mangalore Refinery And Petrochemicals Ltd witnessed volume of 3 lakh shares by 10:46 IST on BSE, a 2.35 times surge over two-week average daily volume of 1.28 lakh shares. The stock increased 3.49% to Rs.149.55. Volumes stood at 1.05 lakh shares in the last session.Sundram Fasteners Ltd saw volume of 5534 shares by 10:46 IST on BSE, a 2.35 fold spurt over two-week average daily volume of 2355 shares. The stock dropped 1.02% to Rs.1,044.70. Volumes stood at 1142 shares in the last session.Schneider Electric Infrastructure Ltd recorded volume of 26026 shares by 10:46 IST on BSE, a 1.95 times surge over two-week average daily volume of 13367 shares. The stock gained 1.15% to Rs.771.50. Volumes stood at 24262 shares in the last session.Powered by Capital Market - Live

The company's transmission & distribution (T&D) business secured an order for a 765 kV transmission line project in India from the Power Grid Corporation of India (PGCIL). The transportation business has acquired a significant order in the prestigious train collision avoidance system (TCAS) segment under 'Kavach' in India. Additionally, the oil & gas pipelines division has also won contracts for the design, supply, and build order for pipelines and associated works from a leading PSU in India. Vimal Kejriwal, MD & CEO, KEC International, commented, 'We are delighted with the multiple orders secured across our business verticals. The 765 kV order from PGCIL for evacuation of green energy has boosted our T&D order book in India. Our transportation business has strengthened its presence in the growing TCAS segment under 'Kavach' to enhance the safety of Indian Railways with world-class technology. The Oil & Gas Pipelines business has widened its footprint by securing its first order in the composite space (including design, supply, and build). With these new orders, our YTD order intake has reached Rs. 20,600 crores, a growth of ~80% vis-'-vis last year.' KEC International is part of the RPG group. The company is a global EPC major in power T&D systems. It has also diversified in railway infrastructure, manufacturing cables (for power, telecom, solar, and railways), civil construction with a focus on construction of industrial plants, warehouses, residential and commercial complexes, smart infrastructure, and renewable sector (solar) projects. KEC International has reported 53% jump in consolidated net profit to Rs 85 crore on a 14% increase in revenues to Rs 5,113 crore in Q2 FY25 as compared with Q2 FY24. Shares of KEC International slipped 3.00% to Rs 1,093.75 on the BSE. Powered by Capital Market - Live