KEC International Limited, headquartered in Mumbai, India, is the flagship company of the RPG Group. A USD 2.4 billion Engineering, Procurement, and Construction (EPC) major, we deliver projects in key infrastructure sectors such as Power Transmission & Distribution, Civil, Transportation, Renewables, Oil & Gas Pipelines, and Cables. KEC International Limited (Kamani Engineering Corporation) is an Indian multinational company and also India's second largest manufacturer of electric power transmission towers and one of the largest Power transmission, Engineering, Procurement and Construction (EPC) companies in the world.
Ramjibhai Kamani founded Kamani Engineering Corporation (now KEC International) on May 7, 1945, which became the first electric power transmission company in Asia. With over 75 years of experience, the company has established itself as a global leader in infrastructure development. KEC's global presence has enabled a robust and agile supply chain that extends across six continents in over 110 countries.
The company is part of the RPG Group, one of India's fastest-growing business conglomerates, with a turnover of US$5.2 billion. The group has diverse business interests spanning infrastructure, tyres, pharmaceuticals, information technology, specialty businesses, and emerging innovation-driven technology ventures.
With a rich and diverse experience across all continents spanning more than seven decades, KEC has secured its position as a global leader in the Power Transmission & Distribution EPC space. This is the largest business vertical of the Company. The Company has capabilities to design, manufacture, test, supply, and erect transmission lines on a turnkey basis up to 1,200 kV, along with end-to-end solutions for underground HT and EHV cabling works.
KEC is a complete turnkey solutions provider in the Railways Infrastructure EPC space. It is one of the early entrants in the Railway electrification space, having electrified more than 12,000 kms of Indian Railways. The Company since then has developed capabilities and diversified in all functional segments of railway construction such as Civil & Track works, Electrification, and Signaling.
Its Cables service offerings include extra-high voltage (EHV) cabling solutions provided through Cable Selection and Cabling System, and manufacturing of a range of power (high tension and EHV cables), control, telecommunication, and instrumentation cables. It has a diverse clientele across industries including power, oil & gas, steel, engineering, electricity supply etc. The company is also amongst the leading Indian exporters of cables.
The Company's key business segments include power transmission & distribution, railways, civil and urban infrastructure, oil & gas pipelines, solar, smart infrastructure, and cables. The Company's civil vertical is focused on projects, in segments such as buildings and factories, public spaces, water projects, data centers, and metro projects.
KEC has a vast manufacturing footprint extending across India, Dubai, Brazil, and Mexico. The company has manufacturing facilities in Nagpur, Jabalpur, Jaipur (Tower and Steel Structurals), Vadodara, and Mysore (Cables). The company's robust and integrated capabilities span the entire EPC value chain from 'concept to commissioning'.
Net profit of KEC International rose 76.74% to ₹268.20 Crore in the quarter ended March 2025, as against ₹151.75 Crore during the previous quarter ended March 2024. Sales rose 11.47% to ₹6,872.12 Crore in the quarter ended March 2025, as against ₹6,164.83 Crore during the previous quarter ended March 2024.
For the full year FY25, net profit rose 64.58% to ₹570.74 Crore in the year ended March 2025, as against ₹346.78 Crore during the previous year ended March 2024. Sales rose 9.70% to ₹21,846.70 Crore in the year ended March 2025, as against ₹19,914.17 Crore during the previous year ended March 2024.
* EBITDA stood at ₹539 Crore in Q4 FY25, recording a growth of 39% compared with ₹388 Crore in Q4 FY24.
* EBITDA margin improved to 7.8% in Q4 FY25 as against 6.3% in Q4 FY24.
* As on March 31, 2025, the order book stood at ₹33,398 Crore.
* The current order book & L1 position stands at over ₹40,000 Crore.
* Net debt, including acceptances, stood at ₹4,558 Crore as of March 31, 2025, marking a reduction of over ₹500 Crore from ₹5,090 Crore as on March 31, 2024.
KEC International secures ₹1,236 Crore new civil orders, largest in Buildings & Factories segment. KEC International Ltd, a global infrastructure EPC company under the RPG Group, has secured new orders amounting to ₹2,211 Crore across its key business segments.
KEC International has secured new transmission and distribution project orders worth ₹1,133 Crore in India, including significant contracts from Power Grid Corporation and a private developer. KEC International has won new orders worth ₹1,034 Crore, marking its entry into the semiconductor sector and achieving a milestone in the STATCOM segment.
The company's board recommended a dividend of ₹5.50 per share with a face value of ₹2 each for the financial year ended March 31, 2025. The dividend is subject to approval by the shareholders at the upcoming annual general meeting (AGM) and will be paid within 30 days of its declaration.
Market Cap ₹23,931 Crore. Promoter holding in KEC International Ltd has remained stable at 50.10% as of March 2025 (unchanged from September 2024). The company trades on both NSE and BSE, with NSE: KEC | BSE: 532714 as its trading symbols.
KEC International continues to strengthen its position as a leading global infrastructure EPC company, with strong order book visibility and expanding presence across multiple business verticals. The company's focus on sustainable infrastructure development and technological innovation positions it well for future growth opportunities in the evolving infrastructure landscape.
