KEC International , a global infrastructure EPC major and part of the RPG Group, has announced securing new orders worth ₹1,509 crore across multiple business segments, leading to a positive market response. The company's shares gained following the announcement, reflecting investor confidence in its growth trajectory.

Order Details

The new orders span across several key business areas:

Transmission & Distribution (T&D)

• 400 kV Quad Transmission lines in India
• 500/400/220 kV Overhead Transmission lines in the overseas market
• Supply of towers, hardware, and poles in the Americas and the Middle East

Transportation

• Secured an order in a joint venture for the Train Collision Avoidance System (TCAS) under the Kavach project in India

Cables & Conductors

• Orders for supply of various types of cables and conductors in both domestic and international markets

Financial Performance

KEC International's recent quarterly results have shown robust growth:

Market Response

The market responded positively to the news:

• Shares traded 0.70% higher following the announcement
• However, it's worth noting that the stock has declined nearly 28.00% year-to-date

Year-to-Date Order Intake

With these new orders, KEC International's year-to-date order intake has surpassed ₹7,000 crore, indicating strong business momentum.

Management Commentary

Mr. Vimal Kejriwal, MD & CEO of KEC International Ltd., expressed enthusiasm about the order wins, stating, "We are delighted by the order wins secured across our businesses. These include a significant international order that expands our global T&D footprint. We are also enthused by the repeat order from a private developer which bolsters our presence in the domestic T&D market."

He further added, "Our Transportation business has further strengthened its order book in the prestigious TCAS segment ('Kavach') by securing another order aimed at enhancing the safety of Indian Railways through world-class technology."

The diverse nature of these orders, spanning both domestic and international markets, underscores KEC International's strong position in the global infrastructure EPC sector. As the company continues to expand its order book, investors will be watching closely to see how these new projects translate into future revenue and profit growth.

KEC International Limited , the RPG Group's flagship global infrastructure EPC company, has announced a significant boost to its order book with new contracts worth Rs. 1,509 crore across various business segments. This latest development has propelled the company's year-to-date order intake to exceed Rs. 7,000 crore, marking a robust performance in the current fiscal year.

Diverse Order Portfolio

The company has secured orders across its key business verticals:

Transmission & Distribution (T&D)

• 400 kV Quad Transmission lines in India
• 500/400/220 kV Overhead Transmission lines in international markets
• Supply of towers, hardware, and poles to the Americas and Middle East

Transportation

• Secured an order in joint venture for the Train Collision Avoidance System (TCAS) under the Kavach initiative in India

Cables & Conductors

• Orders for supply of various cables and conductors in both domestic and overseas markets

Strategic Significance

Vimal Kejriwal, MD & CEO of KEC International, expressed enthusiasm about the new orders, highlighting their strategic importance:

• A significant international order expanding the company's global T&D footprint
• A repeat order from a private developer strengthening KEC's presence in the domestic T&D market
• Further consolidation in the prestigious TCAS segment, contributing to the safety enhancement of Indian Railways through advanced technology

Financial Impact

The secured orders of Rs. 1,509 crore have contributed to KEC International's impressive year-to-date order intake, which now stands at over Rs. 7,000 crore. This strong order book positions the company well for sustained growth and execution in the coming quarters.

Company Overview

KEC International Limited is a global infrastructure Engineering, Procurement and Construction (EPC) major with a presence in over 110 countries. As a flagship company of the RPG Group, KEC operates across various verticals including Power Transmission & Distribution, Civil, Transportation, Renewables, Oil & Gas Pipelines, and Cables & Conductors.

The recent order wins across diverse segments underscore KEC International's strong market position and its ability to secure high-value projects both in India and internationally. As the company continues to expand its order book, it reinforces its status as a key player in the global infrastructure development landscape.