KEC International announced strong Q2 FY26 results, marked by robust revenue growth and significant profitability improvement. Revenues grew by 19% YoY, with EBITDA up by 34%. The company’s order book reached a record level, exceeding ₹44,000 crore. Management remains optimistic about sustained and profitable growth in the coming quarters, driven by strong execution and a healthy tender pipeline.
Financial Performance Highlights
KEC International reported a strong financial performance for Q2 FY26, demonstrating significant growth across key parameters:
- Revenue: ₹6,092 Cr, up 19% YoY
- EBITDA: ₹430 Cr, a 34% YoY increase
- PBT: Increased by 88% YoY
- PAT: Also saw an 88% YoY surge
The company’s EBITDA margins expanded to 7.1% in Q2 FY26 from 6.3% in the same quarter last year. Both PBT and PAT exhibited exceptional growth, rising by 88% YoY.
H1 FY26 Performance
The positive momentum continued into the first half of fiscal year 2026. Here are key figures for H1 FY26:
- Revenue: ₹11,114 Cr, a 15% YoY increase
- EBITDA: ₹781 Cr, up 27% YoY
- PBT: Rose by 65% YoY
- PAT: Also witnessed a 65% YoY increase
Business Segment Highlights
Here’s a brief overview of each business segment’s performance:
- T&D: Revenue of ₹4,080 Cr in Q2 FY26, a 44% YoY growth. Order intake of approximately ₹12,000 Cr across various regions.
- Civil: Revenue of ₹968 Cr in Q2 FY26, impacted by monsoon and labor shortages.
- Transportation: Revenue of ₹425 Cr in Q2 FY26. Secured new orders for the Train Collision Avoidance System (TCAS).
- Cables & Conductors: Revenue of ₹524 Cr in Q2 FY26, a 19% YoY increase.
- Renewables: Revenue of ₹190 Cr in Q2 FY26.
- Oil & Gas Pipelines: Achieved prequalification for pipeline projects in the Middle East.
Order Book & Outlook
KEC International’s combined order book and L1 position reached a record level of over ₹44,000 crore. The company remains focused on execution and is well-positioned for sustained and profitable growth in the coming quarters.
Source: BSE
