About
KEC International Limited engages in the engineering, procurement, and construction (EPC) business. It designs, manufactures, supplies, and erects transmission lines on turnkey basis; executes gas insulated transmission lines; undertakes EPC projects of high voltage electrical switching and distribution substations, as well as transmission lines in oil field areas; and turnkey solutions for railway contracts. The company also provides civil engineering solutions for transportation; urban infrastructure; industrial; residential and defense; commercial, public space, and datacenters; water; and international projects. In addition, it is involved in the provision of solar EPC services for large solar PV projects and PV solutions for industrial and commercial consumers; and design and engineering, project execution and management, bid management, and project feasibility analysis for large-scale solar photovoltaic power plants, as well as roof-top solar PV projects. Further, the company undertakes the construction of oil and gas / slurry pipelines and composite mechanical, civil, electrical, and instrumentation work in hydrocarbon facilities. The company manufactures and exports power cables, including EHV, HT and LV, telecom and optical fiber cables, control and instrumentation cables, and railway cables and conductors; special-purpose cables, such as cathodic protection, concentric, flat submersible, electric vehicle charging, hybrid, and green cables; and provides turnkey cabling solutions. KEC International Limited was founded in 1945 and is headquartered in Mumbai, India. KEC International Limited is a subsidiary of RPG Enterprises Limited.
Key Metrics
as of Sep 2026Market Cap10,876 Cr
P/E18.10
Div Yield1.35 %
Book Value₹231.00
52w High₹938.00
52w Low₹400.00
Face Value₹2.00
Quarterly Results
Rs. Crores · hover row for definition| Metric | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 3,898.35 | 5,260.02 | 4,808.09 | 4,948.53 | 4,029.94 | 6,048.02 | 4,757.64 | 4,483.84 | 3,888.25 | 5,301.81 | 4,397.76 | 3,982.29 | 3,701.49 |
| Expenses | 3,742.38 | 4,986.78 | 4,532.01 | 4,641.01 | 3,832.99 | 5,695.67 | 4,476.72 | 4,253.65 | 3,714.51 | 5,017.87 | 4,187.17 | 3,798.36 | 3,532.14 |
| Operating Profit | 155.97 | 273.24 | 276.08 | 307.52 | 196.95 | 352.35 | 280.92 | 230.19 | 173.74 | 283.94 | 210.59 | 183.93 | 169.35 |
| OPM % | 4.00 | 5.19 | 5.74 | 6.21 | 4.89 | 5.83 | 5.90 | 5.13 | 4.47 | 5.36 | 4.79 | 4.62 | 4.58 |
| Other Income | 16.70 | 199.81 | -40.13 | 9.45 | 8.51 | 27.62 | 3.79 | 32.72 | 43.63 | 11.75 | 29.17 | 17.10 | 4.03 |
| Depreciation | 35.53 | 35.78 | 36.36 | 35.89 | 32.30 | 33.80 | 37.28 | 36.98 | 37.75 | 38.52 | 37.62 | 36.75 | 32.68 |
| Interest | 135.80 | 142.34 | 148.06 | 145.87 | 123.41 | 138.52 | 154.10 | 152.03 | 136.55 | 136.30 | 146.22 | 154.92 | 135.27 |
| Profit before tax | 1.34 | 294.93 | 51.53 | 135.21 | 49.75 | 207.65 | 93.33 | 73.90 | 43.07 | 120.87 | 55.92 | 9.36 | 5.43 |
| Tax % | 61.19 | 16.40 | 24.35 | 21.81 | 25.97 | 22.62 | 21.90 | 21.31 | 25.35 | 23.12 | 21.23 | 27.67 | 30.57 |
| Net Profit | 0.52 | 246.57 | 38.98 | 105.72 | 36.83 | 160.68 | 72.89 | 58.15 | 32.15 | 92.93 | 44.05 | 6.77 | 3.77 |
| EPS in Rs | 0.02 | 9.26 | 1.46 | 3.97 | 1.38 | 6.04 | 2.74 | 2.18 | 1.25 | 3.61 | 1.71 | 0.26 | 0.15 |
Profit & Loss
Annual · Rs. Crores| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 19,047.00 | 19,178.00 | 17,383.00 | 15,413.00 | 12,573.00 | 11,852.00 | 10,471.00 | 10,118.00 | 9,037.00 | 7,566.00 | 7,690.00 | 6,592.00 |
| Expenses | 17,815.00 | 17,980.00 | 16,407.00 | 14,457.00 | 11,354.00 | 10,527.00 | 9,252.00 | 8,949.00 | 8,043.00 | 6,764.00 | 6,924.00 | 6,204.00 |
| Operating Profit | 1,232.00 | 1,198.00 | 976.00 | 956.00 | 1,219.00 | 1,324.00 | 1,218.00 | 1,169.00 | 995.00 | 802.00 | 767.00 | 389.00 |
| OPM % | 6.00 | 6.00 | 6.00 | 6.00 | 10.00 | 11.00 | 12.00 | 12.00 | 11.00 | 11.00 | 10.00 | 6.00 |
| Other Income | 177.00 | 104.00 | 60.00 | -40.00 | -125.00 | 27.00 | 13.00 | 38.00 | 21.00 | 22.00 | 12.00 | 177.00 |
| Interest | 737.00 | 739.00 | 699.00 | 539.00 | 359.00 | 333.00 | 369.00 | 366.00 | 279.00 | 285.00 | 322.00 | 313.00 |
| Depreciation | 140.00 | 146.00 | 146.00 | 127.00 | 123.00 | 122.00 | 118.00 | 106.00 | 95.00 | 115.00 | 118.00 | 70.00 |
| Profit before tax | 531.00 | 418.00 | 192.00 | 250.00 | 613.00 | 897.00 | 745.00 | 735.00 | 641.00 | 424.00 | 339.00 | 182.00 |
| Tax % | 19.00 | 23.00 | 23.00 | 28.00 | 29.00 | 28.00 | 27.00 | 32.00 | 33.00 | 33.00 | 42.00 | 39.00 |
| Net Profit | 428.00 | 324.00 | 148.00 | 180.00 | 434.00 | 646.00 | 546.00 | 498.00 | 430.00 | 282.00 | 195.00 | 111.00 |
| EPS in Rs | 16.08 | 12.17 | 5.74 | 7.01 | 16.90 | 25.13 | 21.23 | 19.36 | 16.73 | 10.96 | 7.60 | 4.31 |
| Dividend Payout % | 34.00 | 45.00 | 70.00 | 43.00 | 24.00 | 16.00 | 16.00 | 14.00 | 14.00 | 15.00 | 13.00 | 21.00 |
Balance Sheet
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 53.00 | 53.00 | 51.00 | 51.00 | 51.00 | 51.00 | 51.00 | 51.00 | 51.00 | 51.00 | 51.00 | 51.00 |
| Reserves | 5,453.00 | 5,044.00 | 4,024.00 | 3,912.00 | 3,804.00 | 3,468.00 | 2,787.00 | 2,443.00 | 1,987.00 | 1,604.00 | 1,331.00 | 1,059.00 |
| Borrowings | 4,631.00 | 3,295.00 | 3,281.00 | 2,754.00 | 2,483.00 | 1,785.00 | 2,200.00 | 1,577.00 | 1,334.00 | 1,465.00 | 2,564.00 | 1,542.00 |
| Other Liabilities | 11,970.00 | 11,412.00 | 10,159.00 | 9,295.00 | 8,843.00 | 8,142.00 | 7,082.00 | 7,028.00 | 6,362.00 | 4,569.00 | 4,043.00 | 3,493.00 |
| Total Liabilities | 22,107.00 | 19,805.00 | 17,515.00 | 16,013.00 | 15,182.00 | 13,446.00 | 12,120.00 | 11,100.00 | 9,735.00 | 7,690.00 | 7,989.00 | 6,145.00 |
| Fixed Assets | 684.00 | 647.00 | 833.00 | 779.00 | 767.00 | 709.00 | 757.00 | 728.00 | 686.00 | 712.00 | 757.00 | 724.00 |
| CWIP | 11.00 | 13.00 | 7.00 | 8.00 | 2.00 | 18.00 | 9.00 | 5.00 | 71.00 | 4.00 | 7.00 | 12.00 |
| Investments | 1,423.00 | 1,257.00 | 1,159.00 | 1,076.00 | 964.00 | 807.00 | 616.00 | 436.00 | 318.00 | 122.00 | 81.00 | 7.00 |
| Other Assets | 19,989.00 | 17,889.00 | 15,516.00 | 14,149.00 | 13,449.00 | 11,913.00 | 10,739.00 | 9,931.00 | 8,660.00 | 6,851.00 | 7,145.00 | 5,402.00 |
| Total Assets | 22,107.00 | 19,805.00 | 17,515.00 | 16,013.00 | 15,182.00 | 13,446.00 | 12,120.00 | 11,100.00 | 9,735.00 | 7,690.00 | 7,989.00 | 6,145.00 |
Cash Flows
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | -675.00 | 245.00 | 335.00 | 576.00 | 104.00 | 833.00 | 120.00 | 171.00 | 774.00 | 1,545.00 | -37.00 | 63.00 |
| Cash from Investing Activity | -82.00 | -14.00 | -266.00 | -301.00 | -373.00 | -186.00 | -286.00 | -93.00 | -347.00 | -153.00 | -103.00 | 127.00 |
| Cash from Financing Activity | 565.00 | 151.00 | -95.00 | -309.00 | 293.00 | -600.00 | 105.00 | -108.00 | -374.00 | -1,327.00 | 36.00 | -154.00 |
| Net Cash Flow | -192.00 | 382.00 | -26.00 | -34.00 | 23.00 | 48.00 | -61.00 | -30.00 | 53.00 | 65.00 | -105.00 | 36.00 |
| Free Cash Flow | -785.00 | 103.00 | 132.00 | 439.00 | -6.00 | 762.00 | 7.00 | 86.00 | 641.00 | 1,487.00 | -45.00 | 190.00 |
| CFO/OP % | -37.00 | 5.00 | 56.00 | 80.00 | 29.00 | 79.00 | 37.00 | 38.00 | 99.00 | 203.00 | 11.00 | 47.00 |
Ratios
Annual · Days / % — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 107.00 | 80.00 | 79.00 | 93.00 | 137.00 | 161.00 | 182.00 | 171.00 | 195.00 | 190.00 | 208.00 | 179.00 |
| Inventory Days | 33.00 | 25.00 | 44.00 | 45.00 | 49.00 | 51.00 | 46.00 | 35.00 | 35.00 | 27.00 | 25.00 | 38.00 |
| Days Payable | 408.00 | 381.00 | 429.00 | 462.00 | 435.00 | 440.00 | 367.00 | 342.00 | 352.00 | 301.00 | 264.00 | 295.00 |
| Cash Conversion Cycle | -268.00 | -276.00 | -306.00 | -323.00 | -249.00 | -228.00 | -139.00 | -136.00 | -122.00 | -84.00 | -30.00 | -78.00 |
| Working Capital Days | 55.00 | 40.00 | 22.00 | 31.00 | 38.00 | 92.00 | 42.00 | 47.00 | 41.00 | 35.00 | 13.00 | 4.00 |
| ROCE % | 12.00 | 15.00 | 13.00 | 13.00 | 19.00 | 24.00 | 24.00 | 30.00 | 28.00 | 20.00 | 20.00 | 14.00 |
Corporate Actions
26 records| Action | Ex Date | Record Date | Ratio | Amount (₹) | Notes |
|---|---|---|---|---|---|
| Dividend | 07 Aug 2026 | 07 Aug 2026 | — | 5.50 | |
| Dividend | 25 Jul 2025 | 25 Jul 2025 | — | 5.50 | |
| Dividend | 09 Aug 2024 | 09 Aug 2024 | — | 4.00 | |
| Dividend | 25 Jul 2023 | 25 Jul 2023 | — | 3.00 | |
| Dividend | 15 Jun 2022 | 16 Jun 2022 | — | 4.00 | |
| Dividend | 19 Jul 2021 | 21 Jul 2021 | — | 4.00 | |
| Dividend | 13 Feb 2020 | 15 Feb 2020 | — | 3.40 | |
| Dividend | 15 Jul 2019 | — | — | 2.70 | |
| Dividend | 20 Jul 2018 | — | — | 2.40 | |
| Dividend | 18 Jul 2017 | — | — | 1.60 | |
| Other | 21 Jul 2016 | — | — | — | Annual General Meeting |
| Dividend | 22 Mar 2016 | 24 Mar 2016 | — | 1.00 | |
| Dividend | 20 Jul 2015 | — | — | 0.90 | |
| Dividend | 16 Jul 2014 | — | — | 0.60 | |
| Dividend | 07 Aug 2013 | — | — | 0.50 | |
| Dividend | 27 Jun 2012 | — | — | 1.20 | |
| Dividend | 23 Jun 2011 | — | — | 1.20 | |
| Split | 30 Dec 2010 | 31 Dec 2010 | 10:2 | — | |
| Dividend | 10 Jun 2010 | — | — | 6.00 | |
| Dividend | 18 Jun 2009 | — | — | 5.00 | |
| Dividend | 18 Jun 2008 | — | — | 5.00 | NSE/BSE dividend mismatch: NSE=1.0; BSE=5.0 |
| Dividend | 18 Jun 2008 | — | — | 1.00 | NSE/BSE dividend mismatch: NSE=1.0; BSE=5.0 |
| Other | 11 Feb 2008 | 18 Feb 2008 | — | — | Scheme of Arrangement |
| Dividend | 17 Jul 2007 | — | — | 4.50 | NSE/BSE dividend mismatch: NSE=0.9; BSE=4.5 |
| Dividend | 17 Jul 2007 | — | — | 0.90 | NSE/BSE dividend mismatch: NSE=0.9; BSE=4.5 |
| Dividend | 08 Jun 2006 | — | — | 0.24 |
Announcements
5 filingsShareholding Pattern
Open on BSEFinancial Results — Filings
Open on BSEBoard Filings
Open on BSEAnnual Reports
Credit Ratings
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Rating update14 May from fitch
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Rating update7 May from crisil
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Rating update20 Feb from icra
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Rating update16 Dec 2025 from care
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Rating update26 Nov 2025 from crisil
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Rating update25 Nov 2025 from icra
Conference Calls
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