Synopsis:
KEC International Limited has bagged a new order of Rs. 1,038 crores for setting up a substation in Saudi Arabia.
The shares of the leading power transmission company, active in transmission and infrastructure projects in India and internationally, have attracted market attention following a new order worth Rs.1,038 crore.
With a market capitalization of Rs.22,758.77 crore, the shares of KEC International Limited were trading at Rs.854.95, up by 0.52 percent from the previous day’s closing price of Rs.850.55.
New Order
KEC International Limited, under the RPG Group, has won a new order worth Rs. 1,038 crore in Saudi Arabia. The project includes providing the complete design, supply, and installation of a 380 kV gas-insulated substation. With this, the company’s YTD order intake stands at 16,000 crores.
Management Commentary
KEC International Limited’s CEO, Mr. Vimal Kejriwal, commented as follows: “We are delighted with the successive order wins in our T&D business. In a landmark achievement, we have secured our largest-ever substation order.
This prestigious order in the Middle East has widened our portfolio and strengthened our presence in the region. With this strategic win, our YTD order intake has surpassed Rs 16,000 crore, representing a healthy growth of ~20%.”
Also Read: Infra stock jumps after receiving ₹35 Cr order from Reliance Consumer Products
About the company & others
KEC International Limited is a prominent global EPC company. It operates in power transmission and distribution, civil engineering, transportation, renewable energy, oil and gas pipelines, and cables and conductors. The company serves over 110 countries through its EPC projects and supply of towers and cables, and is the flagship entity of the RPG Group.
Based on the latest data, the company’s total order book is Rs. 34,409 crore, with transmission & distribution accounting for 60 percent, civil projects 28 percent, and transportation 9 percent. cables, renewables, and oil & gas each make up 1 percent of the order book.
The company’s revenue grew from Rs. 4,512 crore in Q1FY25 to Rs. 5,023 crore in Q1FY26, while net profit increased from Rs. 88 crore to Rs. 125 crore during the same period. It posted a return on equity of 12 percent and a return on capital employed of 18 percent.
Written by Jhanavi Sivakumar
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