By Ventura Research Team 2 min Read
KEC International Shares Jump 4.8% on ₹1,030 Crore Orders
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Summary:

KEC International shares rose nearly 5% after the company announced ₹1,030 crore in new orders across transmission and distribution, renewables, and cables businesses. Its order intake exceeded ₹8,600 crore year to date, while margins and debt remain key monitoring points.

KEC International Ltd shares surged nearly 5% in early trade on Friday, October 9, 2026 after the company announced fresh orders worth ₹1,030 crore across its businesses. New contracts include power transmission projects in Bhutan, Saudi Arabia and the Americas, and a renewable energy project in India.KEC International Share Price Trend

On the BSE, KEC International shares opened at ₹357.25 against previous close of ₹349.85. Shares climbed as much as 4.8% to an intraday high of ₹366.50 after the company announced the news after market hours on Thursday.

It was a bounce following a period of heavy selling pressure. Although it rose on Friday, the stock was still down about 51% year to date (YTD), a reflection of the steep correction in 2026.

The latest order announcement was a relief after the recent downturn, with investors reacting to the new international and domestic projects added.

Orders worth ₹1,030 Crore in Various Business Segments

KEC International on October 8 said it has received orders worth ₹1,030 crore in its Transmission & Distribution (T&D), Renewables and Cables & Conductors businesses, according to its regulatory filing.

In T&D segment, the company bagged a 400 kV transmission line project in Bhutan, signifying its re-entry into the country’s power infrastructure market. It has also secured an additional order for a 380 kV transmission line project in Saudi Arabia.

The company also won additional contracts for transmission towers, hardware and poles in the Americas, strengthening its international order pipeline.

In the renewable energy segment, KEC has bagged an order for a wind power project of over 300 MW from a private developer in Southern India. The contract strengthens its position in the wind Engineering, Procurement and Construction (EPC) business.

The company’s Cables & Conductors division also bagged a number of orders in the domestic and overseas markets.

With these additions the company's total YTD order intake has crossed Rs. 8,600 crore giving further revenue visibility for coming quarters.

Q1FY27 Financial Results

Consolidated revenue of KEC International for Q1FY27 came in at ₹5,024 crore, nearly same as ₹5,023 crore reported in Q1FY26.

But profit margins were still under pressure. Consolidated net profit fell about 42% YoY to Rs 73 crore from Rs 125 crore in the same quarter previous year.

EBITDA (Earnings before interest, tax, depreciation and amortization) declined to ₹291 crore from ₹350 crore. EBITDA margin narrowed to 5.8% from 7%.

The company said it also brought down its net debt including acceptances by over ₹150 crore during the quarter to ₹6,568 crore as of June 30, 2026.

Its order book, including projects where it is the lowest bidder (L1), was more than ₹40,000 crore, indicating a healthy pipeline of executable projects and future contracts.

Business Summary and Outlook

KEC International, the flagship company of the RPG Group, operates in power transmission, civil construction, transportation, renewable energy, oil & gas pipelines and cables.

The company is present in over 110 countries through EPC projects and equipment supplies.

Investments in electricity transmission, renewable energy infrastructure and cross-border power connectivity are increasing and still open up opportunities for EPC companies.

KEC’s international presence and renewable energy portfolio are further strengthened by the latest order. But project execution, working capital requirements, debt reduction and operating margin recovery will continue to be key drivers affecting its financial performance in the next few quarters.

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