K E C International Ltd (KEC)

KEC International Bags New Orders Worth Rs 1,422 Crore - 24 Jul, 2024

KEC International has secured new orders worth Rs 1,422 crore for transmission and distribution projects in India and the US. The company's order intake has surpassed Rs 7,500 crore this year alone, indicating a growth of over 70% compared to last year.

KEC International Secures New Orders Worth Rs 1,100 Crore - 18 Jul, 2024

KEC International has secured new orders worth Rs 1,100 crore for transmission & distribution (T&D) projects across multiple regions including India, the Middle East, Australia, and the Americas. The YTD order intake has exceeded Rs 6,000 crores, marking a growth of over 80% from last year.

KEC Intl Secures Orders Worth Rs 1,100 Crore - 17 Jul, 2024

KEC International's T&D business has secured new contracts worth Rs 1,100 crore for transmission & distribution projects in India, the Middle East, Australia, and the Americas. The company's Q4 FY24 net profit rose by 110.3% to Rs 151.75 crore on a YoY basis.

KEC International Bags Orders Worth Rs 5141 Crores - 15 Jul, 2024

KEC International has secured orders worth Rs 5141 crores from April 2024, indicating growth visibility for the next few quarters. The company is witnessing substantial opportunities of over Rs 25,000 crore for T&D projects in the domestic market and its civil business is reporting strong growth. Analysts predict a price target of Rs 995 in 8 to 10 months.

KEC International's Debt and Interest Expenses Raise Concerns - 14 Jul, 2024

KEC International had ₹38.1b of debt as of March 2024, with net debt of about ₹35.4b offset by cash reserves of ₹2.73b. The company has liabilities totalling ₹14.4b more than its cash and near-term receivables combined. While the company grew its EBIT a smooth 61% over the last twelve months, its super-low interest cover of 1.6 times is a sign of high leverage, and interest expenses appear to have really impacted the business lately. KEC International created free cash flow amounting to 3.2% of its EBIT in the last three years, which is an uninspiring performance.

Motilal Oswal Expects KEC International to Report Strong YoY Growth - 12 Jul, 2024

KEC International is expected to report a net profit of Rs 82 crore, up 93.7% YoY, with net sales increasing by 6.2% YoY to Rs 4,505 crore, according to Motilal Oswal. EBITDA is likely to rise by 21.7% YoY to Rs 297.3 crore.

KEC International Secures Orders Worth Rs 1,017 Crore - 03 Jul, 2024

KEC International has secured new orders worth Rs 1,017 crore in its T&D and renewables businesses. The company's YTD order intake has surpassed Rs 5,000 crore, implying a growth of 50% compared to the previous year. KEC International's MD expects more ordering activity in Q2 than in Q1.

KEC International Secures New Orders Worth Rs. 1,017 Crore - 02 Jul, 2024

KEC International has secured new orders worth Rs. 1,017 crore in the transmission & distribution (T&D) and clean energy sectors, reflecting a remarkable 50% growth compared to the previous year's order intake.

KEC International Secures New Orders Worth Rs 1,025 Crore - 27 Jun, 2024

Infrastructure company KEC International has secured new orders worth Rs 1,025 crore in transmission & distribution (T&D) and cable businesses, expanding its order book in domestic and international markets. The year-to-date order intake has surpassed Rs 4,000 crore with a growth of over 70% compared to last year. KEC International's consolidated net profit zoomed 110.3% YoY to Rs 151.75 crore in Q4 FY24.

KEC International Secures New Orders Worth ₹1,025 Crore - 26 Jun, 2024

Infrastructure company KEC International has secured new orders worth ₹1,025 crore in its transmission & distribution (T&D) and cables businesses. The YTD order intake of the company has surpassed ₹4,000 crore with a growth of over 70% vis-à-vis last year.

Government Approves ISTS Schemes Worth Rs. 13,595 Crore for Renewable Energy - 25 Jun, 2024

The Indian government has approved new Inter State Transmission System (ISTS) schemes worth Rs. 13,595 crore to evacuate a total of 9 GW of renewable energy power from Rajasthan and Karnataka. KEC International Limited is expected to benefit as it is a global infrastructure EPC major in the verticals of Power Transmission and Distribution.