KEC International , a leading global infrastructure Engineering, Procurement and Construction (EPC) major, has announced its financial targets for the fiscal year 2026, showcasing a robust growth strategy and improved profitability goals.

Revenue Growth and EBITDA Margin Targets

KEC International has set an ambitious target of 15% revenue growth for FY26. The company's confidence stems from its strong performance in the first half of the fiscal year, where it has already achieved a 15% growth rate. This consistent growth trajectory indicates the company's strong market position and execution capabilities.

In terms of profitability, KEC aims to achieve an 8% EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) margin for the full year. To reach this target, the company will need to improve its performance in the second half of the fiscal year, as the first half margin stood at 7%. The management expects to achieve an EBITDA margin of over 8.5% in the second half to meet the full-year target.

Segment-Specific Revenue Projections

During a recent conference call update, KEC International shared specific revenue projections for key business segments:

• Civil Business: The company expects its civil business revenue to reach Rs. 5,000 crores in FY26, up from Rs. 4,400 crores in the previous year.
• Railway Segment: KEC anticipates its railway segment revenue to hit Rs. 2,000 crores for FY26.

These projections underscore the company's focus on diversifying its revenue streams and capitalizing on growth opportunities across different infrastructure sectors.

Financial Metrics

Here's a summary of KEC International's key financial targets and metrics for FY26:

Debt Management and Interest Costs

KEC International has also provided insights into its debt management strategy. The company predicts that interest costs will amount to approximately 2.5% of revenue for the current fiscal year. This projection suggests a focused approach to managing financial expenses.

Furthermore, the company anticipates that its net debt will normalize to around Rs. 5,000 crore by the end of the fiscal year. This target indicates KEC's commitment to maintaining a balanced capital structure while pursuing its growth objectives.

Investor Communication

In line with its commitment to transparency and investor relations, KEC International has scheduled an earnings call to discuss its Q2 FY26 results. As per the LODR (Listing Obligations and Disclosure Requirements) data, the audio recording of this conference call, held on November 11, 2025, has been made available on the company's website. This proactive approach to investor communication underscores KEC's dedication to keeping stakeholders informed about its financial performance and future outlook.

KEC International's ambitious targets for FY26 reflect a positive outlook for the infrastructure sector and the company's strong positioning within it. Investors and market watchers will be keen to monitor the company's progress towards these goals, particularly its ability to improve EBITDA margins in the second half of the fiscal year and manage its debt effectively while pursuing substantial revenue growth across various business segments.

KEC International , a global infrastructure Engineering, Procurement and Construction (EPC) major, has reported a robust financial performance for the second quarter of the fiscal year. The company's results showcase significant growth across key financial metrics, indicating a strong market position and operational efficiency.

Financial Highlights

KEC International's Q2 results demonstrate substantial year-on-year improvements:

The company's performance shows a remarkable improvement in profitability, with net profit nearly doubling compared to the same period last year. This surge in bottom-line growth outpaced the revenue increase, suggesting enhanced operational efficiency and cost management.

Revenue Growth and Market Expansion

The 19.1% year-on-year increase in revenue to ₹60.91 billion indicates strong demand for KEC International's services and successful execution of projects across its business segments. This growth may be attributed to the company's diverse portfolio and its ability to capitalize on infrastructure development opportunities in various markets.

Profitability and Operational Efficiency

The significant jump in EBITDA to ₹4.3 billion, representing a 34.4% increase, reflects KEC International's improved operational performance. The EBITDA margin expansion from 6.26% to 7.07% demonstrates the company's ability to enhance profitability while scaling up operations.

Looking Ahead

While the quarterly results are impressive, it's important to note that the infrastructure sector can be cyclical and influenced by various macroeconomic factors. Investors and analysts will likely be watching how KEC International maintains this growth trajectory and manages potential challenges in the coming quarters.

KEC International's strong Q2 performance positions it well in the competitive infrastructure EPC market. The company's ability to significantly improve profitability while growing revenue suggests effective strategy execution and potentially favorable market conditions in its key business areas.

As the infrastructure sector continues to be a focus for development in many regions, KEC International's diverse capabilities and strong financial performance may provide it with a solid foundation for future growth and expansion opportunities.