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As of 18 Sept 2026, 03:30 pm
On September 14, 2026, KEC International announced securing new orders totaling ₹1,303 crore across its Transmission & Distribution and Cables & Conductors businesses. These orders include a 400 kV transmission line project in Northern India, 380 kV lines in Saudi Arabia, and supply contracts for towers and cables in the Americas. This brings the company's year-to-date order intake to over ₹7,600 crore.
At the Annual General Meeting on August 21, 2026, shareholders approved the adoption of audited financial statements for FY 2025-26 and declared a dividend of ₹5.50 per share. Mr. Vimal Kejriwal was re-appointed as a director, and the remuneration for the Cost Auditor was ratified. A special resolution was also passed to approve payment of commission to Non-Executive Chairman Mr. Harsh V. Goenka.
As of September 18, 2026, KEC International's daily trend indicators show a bearish Supertrend at 434.03, with the closing price at ₹404.25. The 20-day Exponential Moving Average (EMA) is 414.32 and the 50-day EMA is 442.27, both above the closing price. On a weekly basis, the Supertrend is also bearish at 499.52, with the 20-day EMA at 478.27 and the 50-day EMA at 581.87, indicating a downward trend across both timeframes.
As of September 18, 2026, KEC International's stock has experienced varied returns across different periods. The year-to-date (YTD) return is -45%. Over the past year (1Y), the return is -54%. The stock has also seen negative returns over shorter periods, including -6% in the last month (1m) and -23% in the last three months (3m).
As of 18 Sept 2026, 03:30 pm
Recent drawdown or price variability is materially high and may lead to larger short-term outcomes.
Primary driver: Price remains materially below a previous peak
Trading volume was unusually high, but the closing price did not show a clear directional move.
This indicates increased participation without a clear directional signal.
The session opened materially below the previous close, indicating a sharp repricing at the open.
The price gap may increase short-term downside uncertainty and warrants review of the underlying context.
Upward price movement of 4.04 standard deviations recorded on 2026-09-10.
Unusual market activity that may warrant review of the underlying price, volume, or news context.
The session traded across a materially wider price range than usual.
Larger price swings can increase short-term uncertainty, especially if they continue.
Latest complete financial results for Q1 FY2027 and comparative quarterly trends.
| Metric | Q1 FY2026-27(Latest) | Q4 FY2025-26 | Q3 FY2025-26 | Q2 FY2025-26 | Q1 FY2025-26 |
|---|---|---|---|---|---|
| Revenue From Operations | ₹5,023.54 crore | PEAK₹6,389.75 crore | ₹6,001.35 crore | ₹6,091.56 crore | ₹5,022.88 crore |
| Finance Costs | ₹164.03 crore | ₹169.85 crore | ₹171.14 crore | PEAK₹171.49 crore | ₹151.12 crore |
| Profit Before Exceptional Items And Tax | ₹89.90 crore | PEAK₹257.73 crore | ₹218.71 crore | ₹212.98 crore | ₹158.51 crore |
| Profit Before Tax | ₹89.90 crore | PEAK₹257.73 crore | ₹159.93 crore | ₹212.98 crore | ₹158.51 crore |
| Tax Expense | ₹17.28 crore | PEAK₹64.94 crore | ₹32.47 crore | ₹52.23 crore | ₹33.91 crore |
| Profit Loss For Period | ₹72.62 crore | PEAK₹192.79 crore | ₹127.46 crore | ₹160.75 crore | ₹124.60 crore |
KEC International held revenue virtually flat year-on-year at ₹5,023.54 crore in the June 2026 quarter, but profit before tax dropped roughly 43% to ₹89.90 crore. The quarter followed the seasonal pattern of the prior year, when the first quarter was also the weakest. The year-on-year profit decline on an unchanged revenue base points to a sharp compression in profitability.
Revenue from operations stood at ₹5,023.54 crore, nearly identical to ₹5,022.88 crore in the same quarter last year. Sequentially, revenue fell 21.38% from ₹6,389.75 crore in the March 2026 quarter. This sequential decline mirrors the prior-year pattern, when Q1 revenue was also the lowest of that fiscal year before rising to ₹6,091.56 crore in the September quarter. The flat year-on-year comparison strips out that seasonal effect.
KEC International delivered flat revenue but converted it into 43% less pre‑tax profit, with only a small portion of the decline explained by higher finance costs. The quarter was seasonally the weakest, but the margin compression on an unchanged revenue base is the defining characteristic. The path of profit margins becomes the central question emerging from this quarter.
Exchange disclosures and regulatory announcements for Kec International.
On September 14, 2026, KEC International Ltd. secured new orders totaling Rs. 1,303 crores across its Transmission & Distribution and Cables & Conductors business segments in India, the Middle East, and the Americas. The order wins include a 400 kV transmission line project in Northern India, 380 kV lines in Saudi Arabia, and supply contracts for towers and cables in the Americas. These acquisitions brought the company's year-to-date order intake to over Rs. 7,600 crores.
KEC International Limited held its Twenty-First Annual General Meeting on August 21, 2026, where shareholders approved five resolutions including the adoption of audited financial statements for FY 2025-26 and the declaration of a dividend at Rs. 5.50 per share. The meeting resulted in the re-appointment of Mr. Vimal Kejriwal as a director by rotation and the ratification of remuneration for the Cost Auditor. Additionally, a special resolution was passed to approve payment of commission to Non-Executive Chairman Mr. Harsh V. Goenka, with all resolutions passing with the requisite majority.
MEETING DATE : 21-AUG-2026
On August 19, 2026, KEC International Limited issued a corporate guarantee of AED 300 million to an overseas bank in favor of its subsidiary, Al Sharif Group & KEC Limited Company, to secure enhanced credit facilities. This new guarantee substitutes an earlier guarantee of AED 181.50 million issued for the same purpose and party. The filing notes that while the guarantee represents a potential contingent liability with a reported equivalent value of INR 7,821,000,000, there is currently no impact on the listed entity.
KEC International Ltd. informed stock exchanges on August 14, 2026, that the transcript of its earnings conference call for Q1 FY27 (quarter ended June 30, 2026) held on August 11, 2026, is available on its website.
KEC International Limited uploaded the transcript of its earnings call on August 14, 2026, at 15:01:00. The call concluded on August 11, 2026, at 11:07:00, following prior intimation to the exchange on August 3, 2026. The transcript is available via the company's website at https://www.kecrpg.com/earning-call-transcripts.
KEC International Ltd. received an order from the Assistant Commissioner (ST), Salem, Tamil Nadu, imposing a penalty of Rs. 17,12,024 under the Central Sales Tax Act for an alleged turnover mismatch for assessment year 2014-15. The communication was received on August 12, 2026. The company is reviewing the order and will seek legal remedy, stating it does not foresee any material financial impact.
Recent market and company developments associated with Kec International.
The key equity benchmarks ended sharply lower on Tuesday, reversing early gains. Rising crude oil prices and higher US Treasury yields weighed on sentiment. The sell-off intensified as investors awaited the US Federal Reserve's policy decision on Wednesday. The Fed is widely expected to raise interest rates by 25 basis points.
As per provisional closing data, the S&P BSE Sensex tanked 777.94 points or 1.04% to 74,003.82. The Nifty 50 index lost 279.50 points or 1.19% to 23,118.60.
KEC International shares rallied after the company secured Rs 1,303 crore of new orders across transmission and distribution and cables and conductors businesses. The latest wins take its year-to-date order intake above Rs 7,600 crore, supporting its growth outlook.
KEC International added 1.24% to Rs 411.50 after the company said that it has secured new orders of Rs 1,303 crore across various businesses.
KEC International shares surged over 5% following new orders worth ₹1,303 crore, covering projects in India, the Middle East, and Americas. Coforge shares gained 2.4% after board committee changes, prompted by the resignation of an independent director.
Buzzing Stocks
KEC International has secured new orders of Rs. 1,303 crore across various businesses:
Securities in F&O Ban:
Comprehensive Section Breakdown for Kec International
Strategic Vision: Global EPC major delivering infrastructure projects across sectors.
• Global presence in over 110 countries
• Expertise in delivering integrated turnkey solutions across multiple infrastructure sectors
The quarter’s central story is the divergence between revenue and profit. While revenue was essentially flat year-on-year, profit before tax fell 43.3% from ₹158.51 crore to ₹89.90 crore. Profit after tax declined 41.7% from ₹124.60 crore to ₹72.62 crore, and basic earnings per share dropped from ₹4.68 to ₹2.73.
Margins highlight the compression:
Tax expense fell to ₹17.28 crore from ₹33.91 crore, consistent with the lower pre‑tax profit. The effective tax rate was approximately 19.2%, compared with 21.4% in the prior‑year quarter.
Comprehensive income was ₹64.78 crore, slightly below the ₹72.62 crore net profit, implying a modest negative other comprehensive income. In the same quarter last year, comprehensive income of ₹175.39 crore exceeded net profit of ₹124.60 crore.
Finance costs rose 8.54% year-on-year to ₹164.03 crore from ₹151.12 crore, an increase of ₹12.91 crore. That accounts for roughly 19% of the ₹68.61 crore decline in profit before tax. The larger share of the profit decline therefore reflects pressure from operating costs rather than higher interest expense.
Cost of materials consumed was ₹2,247.46 crore, or about 44.7% of revenue. Employee benefit expense was ₹430.88 crore, about 8.6% of revenue. Other unallocable expenditure (net of unallocable income) was ₹36.88 crore, down 8.87% from ₹40.47 crore in the prior-year quarter.
KEC International delivered a resilient Q1 FY27 performance, maintaining revenues at Rs. 5,024 crore (flat YoY) and reducing net debt by over Rs. 150 crore to Rs. 6,568 crore, despite a challenging operating environment. Consolidated PAT was Rs. 73 crore (down 42% YoY) with PAT margin of 1.4%, impacted by continued geopolitical disruptions in the Middle East, labour shortages, and slower execution of water projects due to delayed payments. The order book and L1 position strengthened to over Rs. 40,000 crore, with a robust tender pipeline exceeding Rs. 2 lakh crore, providing strong revenue visibility.
Management views the near-term headwinds as largely transitory, citing gradual normalisation of supply chains and improving labour availability. Key growth drivers include strong multi-year T&D opportunities from rising power demand, grid expansion, and renewable integration, as well as AI-led data centre expansion and recovery in international markets. YTD order intake was Rs. 6,303 crore across T&D, Civil, Renewables, Cables & Conductors, and Transportation. Management remains confident of delivering stronger execution and improved financial performance in the coming quarters.
Category: B2B Services
This unit provides integrated turnkey solutions for Transmission Lines and substations, including Air Insulated Substations (AIS), Gas Insulated Substations (GIS), and Hybrid Substations.
Category: B2B Services
KEC International undertakes turnkey railway construction projects, encompassing civil infrastructure, tracks, signaling & telecommunication, and railway electrification.
Category: B2B Services
This segment is involved in the turnkey construction of a range of civil projects such as factories, residential and public spaces, metros, data centers, warehouses, and water pipelines.
Category: B2B Services
The company constructs cross-country oil and gas pipelines and develops city gas distribution networks.
Category: Manufacturing
KEC International manufactures various types of cables, including power, instrumentation & control, telecom, and railway cables.
Core Thesis: The company leverages its integrated EPC capabilities across diverse infrastructure sectors to deliver comprehensive solutions.
• Integrated Turnkey Solutions: The company provides integrated turnkey solutions across its business segments, from power transmission to railways and civil infrastructure. • In-house Capabilities: KEC International possesses in-house engineering and design capabilities, alongside manufacturing and tower testing facilities.