KEC International Ltd. , a global infrastructure Engineering, Procurement and Construction (EPC) major, has announced securing new orders valued at ₹1,016 crores across various business segments. This development marks a significant milestone for the company, particularly with its entry into the Middle East's oil and gas sector.

Order Details

The new orders span across multiple business verticals:

• Upstream project in Eastern India for a leading steel player | | Oil & Gas Pipelines | First order secured in the Middle East | | Transmission & Distribution | - Supply of towers, hardware, and poles in the Middle East and Americas
• 400 kV Transmission lines in the UAE | | Cables & Conductors | Supply orders for various types of cables and conductors in India and overseas markets |

Strategic Expansion

The company's entry into the GCC region's oil and gas sector is particularly noteworthy. KEC International has secured its first order for composite station works in this region, opening up new avenues for future growth in a large and attractive market.

Management Commentary

Vimal Kejriwal, MD & CEO of KEC International Ltd., expressed satisfaction with the new order wins. He highlighted the expansion of the Civil business portfolio with the luxury villa development project and the strengthening of their order book in the metals & mining segment.

Financial Implications

These new orders have contributed to KEC International's year-to-date order intake crossing ₹17,000 crores, representing a robust growth of approximately 17% compared to the previous year. This growth trajectory reinforces the company's confidence in achieving its targeted expansion.

Company Overview

KEC International, a flagship company of the RPG Group, has a global presence in over 110 countries. The company operates across various infrastructure verticals, including Power Transmission & Distribution, Civil, Transportation, Renewables, Oil & Gas Pipelines, and Cables & Conductors.

This latest development underscores KEC International's continued growth strategy and its ability to secure diverse projects across different geographical regions and business segments.

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.