KEC International has released its investor presentation for the second quarter of the financial year 2027 (Q2 FY27). The presentation highlights the company’s financial performance, including revenues of ₹5,468 crore and a Profit After Tax (PAT) of ₹30 crore. It also details the robust order book of ₹40,000 crore and a tender pipeline exceeding ₹2 lakh crore, alongside key business segment updates.
KEC International Unveils Q2 FY27 Investor Presentation
KEC International Limited has submitted its investor presentation for the quarter and half-year ended September 30, 2026, aligning with SEBI regulations. The document provides a comprehensive overview of the company’s performance during Q2 FY27.
Financial Performance Highlights
The company reported revenues of ₹5,468 crore in Q2 FY27, a decrease of 10% year-on-year. Profit Before Tax (PBT) stood at ₹41 crore, down 81% YoY, while Profit After Tax (PAT) was ₹30 crore, an 82% decrease YoY. EBITDA for the quarter was ₹271 crore, down 37% YoY. For the first half of FY27 (H1 FY27), revenues were ₹10,491 crore, down 6% YoY, with PBT at ₹131 crore and PAT at ₹102 crore.
Order Book and Tender Pipeline Strength
KEC International maintains a strong order position, with a Year-to-Date (YTD) order intake of over ₹13,500 crore, 70% of which is from the T&D segment. The company announced its highest-ever order book at approximately ₹40,000 crore, and an Order Book plus L1 position of around ₹43,500 crore. The robust tender pipeline exceeds ₹2 lakh crore, with over 50% from T&D. The company expects net debt to reduce to approximately ₹6,000 crore by the end of the fiscal year.
Key Business Segment Updates
The presentation also detailed performance across key business verticals:
- T&D (Transmission & Distribution): Revenues of ₹3,686 crore with YTD orders of approximately ₹9,500 crore.
- Civil: Revenues of ₹957 crore, with YTD order intake of about ₹1,200 crore.
- Transportation: Revenues of ₹224 crore, focusing on ongoing project completion and entering the ROCS segment.
- Cables & Conductors: Revenues of ₹613 crore, showing 17% growth, with production of elastomeric cables to commence soon.
- Renewables: Secured YTD orders over ₹1,150 crore, executing projects with a cumulative capacity exceeding 950 MW.
- Oil & Gas: Revenues of ₹92 crore, with growth of 77%, and the merger of its subsidiary underway.
Management Commentary
The Managing Director & CEO, Vimal Kejriwal, noted navigating a challenging operating environment due to geopolitical and supply chain disruptions. Despite headwinds, the company delivered sequential revenue growth led by the T&D business. The strong order book and tender pipeline provide confidence in future performance.
Sustainability Initiatives
KEC International also outlined its ESG & Sustainability Goals for FY 2030, focusing on Diversity & Inclusion, Occupational Health & Safety, Corporate Social Responsibility, Sustainable Procurement, Circularity, Water Positive Approach, and Carbon Emission reduction targets. Key initiatives include increasing diversity by 25%, achieving ‘Zero Harm’ in safety, and reducing water intensity by 20%-25% by FY30.
Source: BSE