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KEC International Announces Financial Results; Net Debt Reduction of over Rs. 150 crores

KEC International Announces Financial Results; Net Debt Reduction of over Rs. 150 crores
KEC International wins New Orders of Rs. 1,180 crores
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Mumbai: KEC International Ltd., a global infrastructure EPC major and an RPG Group Company, today announced its results for the first quarter (Q1 FY27) ended June 30, 2026.

 

Q1 FY27 vs Q1 FY26:

 

Consolidated Financial Performance Standalone Financial Performance
Revenue: Rs. 5,024 crore against Rs. 5,023 crore Revenue: Rs. 3,898 crore against Rs. 4,030 crore
EBITDA: Rs. 291 crore against Rs. 350 crore EBITDA: Rs. 156 crore against Rs. 197 crore
EBITDA Margin: 5.8% against 7.0% EBITDA Margin: 4.0% against 4.9%
Interest as % to Revenue: 3.3% against 3.0% Interest as % to Revenue: 3.5% against 3.1%
PBT: Rs. 90 crore against Rs. 159 crore PBT: Rs. 1 crore against Rs. 50 crore
PBT Margin: 1.8% against 3.2% PBT Margin: 0.0% against 1.2%
PAT: Rs. 73 crore against Rs. 125 crore PAT: Rs. 1 crore against Rs. 37 crore
PAT Margin: 1.4% against 2.5% PAT Margin: 0.0% against 0.9%

 

Consolidated Order Intake and Order Book:

Order Intake:

  • YTD Order Intake of Rs. 6,303 crore across T&D, Civil, Renewables, Cables & Conductors and Transportation

 

Order Book:

  • Current order book & L1 position stands at over Rs. 40,000 crore

 

Consolidated Net Debt and Net Working Capital:

 

  • Net debt including Acceptances has been reduced by more than Rs. 150 crore to Rs. 6,568 crore as on 30 Jun’26 vis-à-vis 31 Mar’26

 

  • Net Working Capital (NWC) stands has been reduced to 134 days as on 30th Jun’26 vis-à-vis 137 days as on 31st Mar’26

 

Vimal Kejriwal, MD & CEO, KEC International Ltd., said, “We delivered a resilient performance for the quarter, by maintaining revenues, strengthening our order book, reducing debt and building a healthy growth pipeline, despite a challenging operating environment. The performance for the quarter could have been better but for the continued geopolitical disruptions in the Middle East, labour shortages and calibrated execution of water projects due to delayed payments. While certain near-term challenges persist, we believe they are largely transitory. With supply chains gradually normalising, labour availability improving, an Order Book and L1 position of over Rs. 40,000 crore, a robust tender pipeline exceeding Rs. 2 lakh crore, and strong opportunities across both domestic and international markets, we remain confident of delivering stronger execution and improved financial performance in the coming quarters.”

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