KEC Reports Highest Ever Revenues Order Intake And Profitability

19 May 2026 CW Team

KEC International Limited (KEC) reported consolidated results for the year ended 31 March 2026 and delivered its highest ever revenues, order intake and profitability. Consolidated revenue for FY26 was Rs 235.06 bn, an increase of eight per cent year on year, while consolidated EBITDA for the year was Rs 16,590 mn. Operating profit after tax for the year was Rs 6,500 mn, representing an 18 per cent rise.

KEC recorded a record order intake of Rs 252.8 bn for FY26 and an order book of Rs 362.67 bn as at 31 March 2026, with the combined order book and L1 position above Rs 400 bn. The company secured orders of over Rs 10 bn in FY27 to date. Net debt including acceptances declined to Rs 67,220 mn at 31 March 2026, a reduction of Rs 840 mn since 31 December 2025. Net working capital stood at 137 days at year end.

On a standalone basis revenue for FY26 was Rs 190.47 bn, standalone EBITDA was Rs 10,540 mn and PAT was Rs 4,280 mn. Reported results were affected by exceptional items including provisions for the new labour code and reversal of impairment at a subsidiary. The cables business has been transferred to a wholly owned subsidiary, KEC Asian Cables Limited, from first January 2025 and standalone comparatives have been adjusted. On a like to like basis revenue growth for FY26 was six per cent.

The board recommended a dividend of Rs five point five per equity share, equivalent to 275 per cent of face value two. Management said the performance was driven by stronger execution in transmission and distribution, which increased its share of revenues to 68 per cent from 59 per cent, and that the strengthened order book and tender pipeline support sustained growth. KEC is a global infrastructure engineering, procurement and construction major and the flagship company of the RPG Group.

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