KEC International reported its financial results for the first quarter ended June 30, 2026. The company maintained its revenues at ₹5,024 crore, demonstrating resilience amidst challenging times. Net debt saw a reduction of over ₹150 crore, and the order book, along with L1 positions, stands strong at over ₹40,000 crore.
KEC International Announces Q1 FY27 Financial Performance
KEC International Ltd., a global infrastructure EPC major, has announced its financial results for the first quarter (Q1 FY27) ended June 30, 2026. The company showcased a resilient performance despite a challenging operating environment, maintaining revenues and strengthening its order book.
Key Financial Highlights (Q1 FY27 vs Q1 FY26)
Consolidated Financial Performance
- Revenue: ₹5,024 crore against ₹5,023 crore
- EBITDA: ₹291 crore against ₹350 crore
- EBITDA Margin: 5.8% against 7.0%
- Interest as % to Revenue: 3.3% against 3.0%
- PBT: ₹90 crore against ₹159 crore
- PBT Margin: 1.8% against 3.2%
- PAT: ₹73 crore against ₹125 crore
- PAT Margin: 1.4% against 2.5%
Standalone Financial Performance
- Revenue: ₹3,898 crore against ₹4,030 crore
- EBITDA: ₹156 crore against ₹197 crore
- EBITDA Margin: 4.0% against 4.9%
- Interest as % to Revenue: 3.5% against 3.1%
- PBT: ₹1 crore against ₹50 crore
- PBT Margin: 0.0% against 1.2%
- PAT: ₹1 crore against ₹37 crore
- PAT Margin: 0.0% against 0.9%
Order Book and Net Debt
The company reported a YTD Order Intake of ₹6,303 crore across various segments, including T&D, Civil, Renewables, Cables & Conductors, and Transportation. The overall order book and L1 position currently stands at over ₹40,000 crore. Consolidated Net Debt, including Acceptances, has been reduced by more than ₹150 crore to ₹6,568 crore as on June 30, 2026, compared to March 31, 2026. Net Working Capital (NWC) also saw a reduction to 134 days.
Management Commentary
Mr. Vimal Kejriwal, MD & CEO, KEC International Ltd., commented, “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.” He further added that despite near-term challenges like geopolitical disruptions and labour shortages, the company remains confident of delivering stronger execution and improved financial performance due to a robust tender pipeline and strong opportunities in domestic and international markets.
Source: BSE
