KEC International

KEC International secured turnkey orders worth Rs 2,872 crores in its transmission and distribution business for design, supply and installation of 765 kV transmission lines from Power Grid Corporation of India Limited. The projects were associated with evacuation of 8.5 GW of renewable energy from Gujarat and were described as the largest-ever order for its India T&D business. With the wins, year-to-date order intake crossed Rs 13,500 crores, including about Rs 9,500 crores from T&D. The award followed orders of about Rs 1,006 crores on 23 October, Rs 1,014 crores on 10 October and Rs 1,030 crores on 8 October that had taken intake past Rs 10,600 crores. Transmission and distribution contributed Rs 15,883 crores or 68% of Rs 23,506 crores consolidated revenue in FY26, with an order book of Rs 37,697 crores plus L1 of about Rs 3,000 crores.

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KEC International secured new orders worth Rs 1,006 crores across transmission and distribution, civil and cables businesses. The transmission orders comprised a 400 kV line in Oman and supply of towers, hardware and poles in the Americas, while the civil business won a repeat order for construction of a multispeciality hospital in eastern India and the cables unit secured various domestic and overseas orders. With these awards, year-to-date order intake crossed Rs 10,600 crores, following awards of Rs 1,014 crores on 10 October and Rs 1,030 crores on 8 October. Disclosed business packages at the company have clustered around Rs 800-1,650 crores. Consolidated revenue was Rs 23,506 crores in FY26, with transmission and distribution contributing Rs 15,883 crores.

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KEC International secured new orders worth Rs 1,014 crore in its India transmission and distribution business. The awards included its first order for a 765 kV transmission line to evacuate power from a pumped storage plant in western India. With the wins, year-to-date order intake stood at over Rs 9,600 crore. The intake followed a Rs 1,030 crore award across transmission, renewables and cables on 8 October that had taken year-to-date intake past Rs 8,600 crore, and a Rs 1,303 crore transmission and cables award in mid-September. The company reported consolidated revenue of Rs 23,506 crore in FY26, with transmission and distribution accounting for Rs 15,883 crore, and its order book stood at Rs 37,697 crore plus around Rs 3,000 crore in L1 positions.

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** Shares of India's KEC International KECL.NS rise 1.4% to 354.75 rupees

** Stock up as much as 4.8% earlier in the session

** The construction and engineering company receives orders worth 10.30 billion rupees ($106.53 million) for projects in Bhutan, Saudi Arabia and the Americas.
** Company also secures 300+ MW wind project in southern India
** Says its cables and conductors business has secured multiple orders in India and overseas market

** Stock rated "buy" on avg by 24 analysts, with median PT of 560 rupees - data compiled by LSEG

** Stock down 51.12%, YTD

($1 = 96.6875 Indian rupees)

(Reporting by Anushka Rajvedi in Bengaluru)

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KEC International secured new orders worth Rs 1,030 crores across transmission and distribution, renewables and cables and conductors. The T&D awards comprised a 400 kV transmission line in Bhutan, an additional 380 kV line in Saudi Arabia and tower, hardware and pole supplies in the Americas, alongside a 300 MW-plus wind EPC order in southern India and various cable orders in India and overseas. It was the third business-package award in quick succession after a Rs 1,303-crore T&D and cables package in September that took year-to-date intake past Rs 7,600 crores and a Rs 1,063-crore multi-vertical package in August. The Rs 1,030-crore size fell within the recent run of Rs 800-1,650-crore packages and lifted year-to-date intake to over Rs 8,600 crores. KEC reported consolidated revenue of Rs 23,506 crores in FY26 as T&D contributed about 68%, and carried an order book of Rs 37,697 crores plus about Rs 3,000 crores of L1 against a tender pipeline exceeding Rs 2 lakh crores.

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Oct 8 (Reuters) - KEC International Ltd KECL.NS:

• KEC INTERNATIONAL - WINS NEW ORDERS WORTH 10.30 BILLION RUPEES

Source text: ID:nBSE8S4n0p

Further company coverage: KECL.NS

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KEC International secured new orders worth Rs 1,303 crores across its transmission and distribution and cables and conductors businesses. The transmission orders included a 400 kV line in Northern India to evacuate power from a hydroelectric plant for an existing private client, 380 kV lines in Saudi Arabia and tower, hardware and pole supplies in the Americas, alongside cable orders in India and overseas. With these awards, year-to-date order intake stood at over Rs 7,600 crores. The awards followed a Rs 1,063 crore package across civil, transmission, wind and cables in early August that had taken intake past Rs 6,300 crores. Consolidated revenue was Rs 23,506 crores in the year to March, with an order book of Rs 37,697 crores plus a large L1 position.

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Sept 14 (Reuters) - KEC International Ltd KECL.NS:

• KEC INTERNATIONAL LTD- GETS NEW ORDERS WORTH 13.03 BILLION RUPEES

Source text: [ID:]

Further company coverage: KECL.NS

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KEC International issued a corporate guarantee of AED 300 million on behalf of Al Sharif Group & KEC Limited Company, its subsidiary, in favour of an overseas bank. The guarantee, dated August 19, replaced an earlier AED 181.50 million guarantee for the same bank. The instrument was a potential contingent liability and had no present impact on KEC. The group reported consolidated revenue of ₹23,506 crore for FY26, with transmission and distribution contributing ₹15,883 crore. Debt plus acceptances stood at ₹6,568 crore and net working capital at 134 days in the June 2026 quarter.

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KEC International won new orders worth ₹1,063 crores across its Civil, Transmission & Distribution, Renewables, and Cables businesses. The Civil business secured a high-rise residential project in Northern India covering 24 lakh square feet, taking the company's high-rise pipeline to about 80 buildings for marquee clients. The Renewables business added a fourth Wind EPC project of over 50 MW in Western India, while T&D won a 400 kV transmission line in Africa and tower supply orders in the Americas. YTD order intake now stands at over ₹6,300 crore, against annual order intake of ₹25,280 crore in the year to March 2026.

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KEC International secured new orders worth ₹1,180 crore across its transmission and distribution, renewables, civil, and cables businesses, the company said on July 14. The T&D unit won a contract to build a 400 kV transmission line in western India to power a data centre, marking the company's first project in the data centre segment. It also received tower supply orders from the Middle East and the Americas. The renewables arm bagged a 200 MW-plus solar photovoltaic project in western India from an existing private developer, while the civil business picked up additional structural work for a 150 MW thermal power plant in eastern India. The cables and conductors division secured various domestic and overseas orders. Managing Director and CEO Vimal Kejriwal described the data centre order as an important milestone. With the latest wins, KEC's order intake for the current financial year has crossed ₹5,200 crore.

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July 14 (Reuters) - KEC International Ltd KECL.NS:

• KEC INTERNATIONAL - SECURES NEW ORDERS WORTH 11.80 BILLION RUPEES

• KEC INTERNATIONAL LTD - SECURED ORDERS ACROSS INDIA, MIDDLE EAST AND AMERICAS

Source text: ID:nBSE5tKJZ9

Further company coverage: KECL.NS

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KEC International has secured new orders worth ₹1,754 crore across its transmission and distribution and cables businesses. The T&D unit won large orders for high voltage transmission line towers in the Americas, including what the company described as the largest tower supply order it has ever received from the USA. The cables and conductors business also bagged a set of domestic and international contracts. Managing Director and CEO Vimal Kejriwal said the repeat orders from customers in the Americas reflect growing momentum in that market. With the latest wins, KEC's order intake for the current financial year has crossed ₹4,000 crore.

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KEC International said that Power Grid Corporation of India Limited (PGCIL) has revoked the exclusion order that had barred the company from participating in its tenders and contracts since November 2025. The revocation takes effect immediately, allowing KEC to bid again as a bidder or sub-contractor. The company had been excluded for a nine-month period following undisclosed operational issues, but PGCIL accepted its representations and lifted the ban after about seven months. KEC stated it continues to uphold high standards of corporate governance and compliance.

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** Indian infrastructure engineering firm KEC International KECL.NS secured new orders worth 13.03 billion rupees ($136.03 million) across transmission and distribution, civil, renewables and cables businesses

** Shares of rise 1.34% to 502.50 rupees in Mumbai

TRANSMISSION, RENEWABLES SUPPORT OUTLOOK

** HDFC Securities ("add", TP: 557 rupees) says strong bid pipeline and focus on higher-value transmission projects could support profitability and order inflows over longer term, despite near-term execution challenges

** Motilal Oswal ("buy", TP: 630 rupees) says demand remains strong across domestic and international transmission markets, driven by renewable energy expansion, grid investments and data centre-linked demand in the U.S.

** Dolat Capital ("buy", TP: 630 rupees) says record order book, and rising demand linked to energy transition position KEC for sustained growth, though margin recovery remains key monitorable

** ICICI Direct says co's new orders across segments reflect healthy execution momentum, improve revenue visibility going forward

($1 = 95.7850 Indian rupees)

(Reporting by Surbhi Misra in Bengaluru)

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** Construction company KEC International's KECL.NS shares fall 2.7% to 474.55 rupees, marking their lowest level in three years

** Emkay Global downgrades co to "add" from "buy", lowers TP to 600 rupees from 875 rupees, a 23.1% upside to stock's last close

** Says that while order books remain healthy, execution is likely to stay subdued due to KECL's significant exposure to the Middle East and ongoing labour challenges in India

** Brokerage expects profitability to be affected amid inflationary pressures; lowers FY27-28 earnings estimates by 25% and 18%, respectively

** Eighteen of 20 brokerages rate the stock "buy" or higher; their median PT is 679 rupees

** Around 1.8 million shares at 11.10 am compared to 30-day avg of 1.91 million shares

** YTD, KECL down 35.8% vs 5.6% fall in BSE 500 Index .BSE500

(Reporting by Abhinav Parmar in Bengaluru)

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** Shares of KEC International KECL.NS slide 8.9% to 499.7 rupees, lowest since May 2023

** Engineering & construction firm posts 28.1% decline in March-quarter consol profit at 1.93 billion rupees ($20.04 million); rev from ops falls 7% to 63.9 billion rupees

** Investec ("Buy": PT: 849 rupees) says while revenue declined due to supply chain issues and labour shortages caused by Middle East conflict, execution remained strong across T&D business

** Flags increase in net debt due to spillover of some collections, higher inventory from delayed dispatches in Dubai, inventory build-up due to volatile steel prices and muted collections in water business

** Stock rated as "Buy" on average by 20 analysts, median PT at 832 rupees - LSEG-compiled data

** YTD, stock down 32.2%

($1 = 96.3000 Indian rupees)

(Reporting by Mridula Kumar in Bengaluru)

(([email protected];))

** KEC International KECL.NS shares rise 1.1% to 576.55 rupees

** Construction and engineering firm secures new orders worth 10.02 billion rupees ($105.37 million)

** Orders received across its Transmission & Distribution, Renewables, Transportation and Cables & Conductors businesses

** "Our renewables business has expanded its presence in the Wind Energy segment with a repeat order from an existing customer. The Transportation business has reinforced its position in the technology-enabled ABS segment with these orders" - CEO Vimal Kejriwal

** 18 of 20 brokerages rate the stock "buy" or higher; their median PT is 835 rupees - data compiled by LSEG

** YTD, stock down 20.5% vs a 7.5% decline in the Nifty 50 Index .NSEI

($1 = 95.0912 Indian rupees)

(Reporting by Abhinav Parmar in Bengaluru)

(([email protected];))

May 5 (Reuters) - KEC International Ltd KECL.NS:

• SECURES NEW ORDERS WORTH 10.02 BILLION RUPEES

Source text: ID:nBSEbsrBhW

Further company coverage: KECL.NS

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** Shares of KEC International KECL.NS rise as much as 6%; hits more than one-month high, building on previous session's ~7% gain

** The engineering & construction firm wins multiple orders across various verticals, collectively worth 25.18 billion rupees ($271.98 million)

** Civil business bags its largest-ever commercial real estate order, while transport secures order in JV in Train Collision Avoidance System

** Shares at forward 12-month price-to-earnings ratio of 13.61, compared with the industry median of 14.87 - data compiled by LSEG

** Of 21 analysts tracking stock, 19 rate it "buy" or higher, while two rate it "hold" or lower, with median PT 845 rupees - data compiled by LSEG

** YTD, KEC down 19.6%, while Nifty small-cap index .NIFSMCP100 down ~7%

($1 = 92.5790 Indian rupees)

(Reporting by Pranav Kashyap in Bengaluru)

(([email protected]; +919886482111;))

April 8 (Reuters) - KEC International Ltd KECL.NS:

• KEC INTERNATIONAL LTD - WINS NEW ORDERS WORTH 25.18 BILLION RUPEES

Source text: ID:nBSE2fx07Z

Further company coverage: KECL.NS

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March 11 (Reuters) - KEC International Ltd KECL.NS:

• SECURES NEW ORDERS WORTH 14.76 BILLION RUPEES FOR T&D PROJECTS

Source text: ID:nBSE7Gq2Yf

Further company coverage: KECL.NS

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Feb 24 (Reuters) - KEC International Ltd KECL.NS:

• SECURES NEW ORDERS WORTH 10.02 BILLION RUPEES

Source text: ID:nBSE4pPytX

Further company coverage: KECL.NS

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Feb 2 (Reuters) - KEC International Ltd KECL.NS:

• SECURES NEW ORDERS WORTH 10.20 BILLION RUPEES

Source text: ID:nBSEyql0k

Further company coverage: KECL.NS

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Jan 30 (Reuters) - KEC International Ltd KECL.NS:

• KEC INTERNATIONAL LTD - DEC-QUARTER CONSOL PROFIT 1.27 BILLION RUPEES

• KEC INTERNATIONAL LTD - DEC-QUARTER CONSOL REVENUE FROM OPERATIONS 60.01 BILLION RUPEES

Source

Further company coverage: KECL.NS

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Jan 1 (Reuters) - KEC International Ltd KECL.NS:

• SECURES NEW ORDERS WORTH 10.50 BILLION RUPEES

Source text: ID:nBSE2mYXGm

Further company coverage: KECL.NS

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Sept 22 (Reuters) - KEC International Ltd KECL.NS:

• KEC INTERNATIONAL LTD - WINS ORDERS WORTH 32.43 BILLION RUPEES IN T&D BUSINESS

Source text: ID:nBSE9zXffZ

Further company coverage: KECL.NS

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** Kernex Microsystems KMIL.NS rises 5% to 1,104 rupees

** Kernex-KEC International KECL.NS consortium gets letter of acceptance from Western Railways at bid cost of 1.51 bln rupees ($17.35 million)

** Kernex says it holds 70% stake in JV with KEC International KECL.NS

** KEC shares nearly flat at 832 rupees

** Total Kavach (indigeneous automatic train protection system) orders from April 2024 to date now stand at 31.36 bln rupees

** YTD, KMIL down 15%, while KECL sheds 30.5%

($1 = 87.2575 Indian rupees)

(Reporting by Komal Salecha)

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July 28 (Reuters) - KEC International Ltd KECL.NS:

• KEC INTERNATIONAL JUNE-QUARTER CONSOL PROFIT 1.25 BILLION RUPEES

• KEC INTERNATIONAL JUNE-QUARTER CONSOL REVENUE FROM OPERATIONS 50.23 BILLION RUPEES

Source text: ID:nBSE2S9vzF

Further company coverage: KECL.NS

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* Shares of KEC International KECL.NS up 4.9% to 932.50 rupees

** Stock marks its biggest percentage gain since May 25

** KECL among top gainers in Nifty small-cap index .NIFSMCP100, which is up 1%
** Co says it has won new orders worth 12.36 billion rupees ($143.83 million)
** Trading volume at 1.1 mln shares vs 30-day avg of 1.8 mln shares
** YTD- KECL down 22.2%, small-cap index down 0.6%

($1 = 85.9340 Indian rupees)

(Reporting by Sethuraman NR in Bengaluru)

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