KEC International gets big orders; company's stock attracts investors

Kolkata: KEC International, a company belonging to the RP-Sanjiv Goenka Group is active in the diverse sectors of power transmission and distribution, oil and gas pipelines, civil, transportation, renewables, cables and conductors. recently, many of its businesses won massive orders at home and abroad.

This power stock has begun attracting investor attention after it won big orders which are worth thousands of crores of rupees. The footprint of KEC International expanded both within the country and abroad. The 52-wk high and low of the share is Rs 1,313.25 and Rs 627.45 respectively. The company's market cap stands at about Rs 22,827.98 crore. On the morning of October 7, the KEC International stock was trading at Rs 861.00, up Rs 3.45 (or 0.40%).

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One of the reasons for which KEC International has moved into the spotlight is that the stock price went down substantially in the past few months. In December 2024, KEC International was quoting around Rs 1,300. But now there are reports that the company has bagged orders of Rs 1,102 crore in the area of its core competence -- such as power, civil and transportation sectors.

In a communication to the exchanges, KEC International management has said that the company has received an order from a private firm company for civil construction of a 150 MW thermal power plant. Apart from this, the transportation business unit of the firm has secured contracts for the Kavach project under the anti-collision project of Indian Railways. There are orders from abroad too. The Transmission & Distribution business has won contracts for supplying towers, hardware and poles to companies in the US and West Asia. Orders were reported by the Cables & Conductors business too. These orders are from the Indian and foreign markets. All of these has taken the order book to about Rs 12,800 crore. The operations of KEC now spans well over 100 countries.

In Q1 FY26, the sales revenue of KEC International went down from Rs 6,872 crore (in Q4 FY25) to Rs 5,023 crore. In the same period (sequentially), operating profit fell from Rs 539 crore to Rs 350 crore. Net profit dived from Rs 268 crore to Rs 125 crore.