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KEC International Limited (KEC.NS)

INR507.50 +17.60 (+3.59%)
IN NSE Industrials Engineering & Construction
Address RPG House 400030
Mumbai, IN
CEO Vimal Kejriwal
Website kecrpg.com
IPO 2002-08-12
ISIN INE389H01022

Explore sections of this company profile

Also trades on Bombay Stock Exchange · KEC.BO (INR) National Stock Exchange of India · KEC.NS (INR)
Description

KEC International Limited, an Indian firm established in Mumbai in 1945, operates as a global engineering, procurement, and construction (EPC) specialist. The company provides complete, end-to-end solutions for power transmission lines, covering design, manufacturing, testing, supply, and installation. Its extensive EPC project portfolio includes high-voltage electrical substations, distribution networks, fiber optic infrastructure, and telecommunication towers, alongside high and extra-high voltage cabling assignments. Beyond infrastructure build-out, KEC also manufactures a range of cables, including power, jelly-filled telecommunication, and optical fiber cables. The company is a key contributor to railway infrastructure, offering comprehensive EPC services for bridges (including road overpasses), tunnels, stations, and platforms. This expertise extends to track laying, earthworks, overhead electrification, traction substations, and the provision and installation of signaling and telecommunication systems. Furthermore, KEC undertakes various civil construction projects, such as factories, warehouses, residential complexes, commercial buildings, and water/sewage treatment facilities, actively engaging in smart infrastructure initiatives. Its services also encompass full-spectrum solar EPC, from design and engineering to project execution, management, bid support, and feasibility assessments for photovoltaic power plants. KEC maintains a substantial international footprint, operating across 110 countries, with a presence in regions like India, Brazil, Mexico, and the United States.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
INR507.50 +17.60 (+3.59%)
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Volume Profile
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Liquidity & share structure
Average Volume
1M
Beta
0.08
Float Shares
130.50M
Free Float %
49.0%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
-11.11% -11.93% -15.94% -19.11% -37.62% -33.92% -40.26% +1.52% +21.84% +267.45% +463.83%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Price Targets & DCF
Current price
507.50
DCF (Unlevered) 1,093.52 +115.5%

DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.

Ratings Trend (MoM) 86% Bullish
Rating 2026-05 Change
Strong Buy 4 -1
Buy 14 0
Hold 1 0
Sell 0 0
Strong Sell 2 0
Quality scores
Altman Z-Score
1.74
Distress
Piotroski F-Score
3 / 9
Average
MOAT Score
5 / 10
Developing
Composite Rating
B-
Overall Score
3 / 5
Medium
DCF Score
1 / 5
Low
ROE Score
4 / 5
High
ROA Score
3 / 5
Medium
D/E Score
1 / 5
Low
P/E Score
3 / 5
Medium
P/Book Score
3 / 5
Medium
Operational MOAT
✗ Below peers
  • Revenue growth Engineering & Construction: +6.7%
    +9.1% Q1'26: -2.6% (vs Q1'25)
  • EPS growth Engineering & Construction: +20.8%
    +4.4% Q1'26: -28.2% (vs Q1'25)
  • FCF margin FCF growth · Engineering & Construction: +51.6%
    -5.4% Q1'26: -16.7% (vs Q1'25)
  • EBIT margin Engineering & Construction: +7.0%
    +6.2% Q1'26: +6.2% (vs Q1'25)
  • ROIC Engineering & Construction: +6.4%
    +10.2% Q1'26: +10.8% (vs Q1'25)
  • Share dilution Engineering & Construction: +0.0%
    +1.7% Q1'26: +0.1% (vs Q1'25)
  • Debt / EBITDA Net debt/EBITDA · Engineering & Construction: -0.38×
    3.24× Q1'26: 3.00× (vs Q1'25)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (0.74) × ERP
WACC = 71% × Ke + 29% × Kd (12.3%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 1,089.34 Current price: 507.50
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Mar 2011
actual
Mar 2012
actual
Mar 2013
actual
Mar 2014
actual
Mar 2015
actual
Mar 2016
actual
Mar 2017
actual
Mar 2018
actual
Mar 2019
actual
Mar 2020
actual
Mar 2021
actual
Mar 2022
actual
Mar 2023
actual
Mar 2024
actual
Mar 2025
actual
Mar 2026
21 Rev. Ana.
16 EPS Ana.
Mar 2027
10 Rev. Ana.
10 EPS Ana.
Mar 2028
19 Rev. Ana.
17 EPS Ana.
Mar 2029
1 Rev. Ana.
1 EPS Ana.
Mar 2030
1 Rev. Ana.
1 EPS Ana.
Revenue
44.77B
est: 46.65B (-4.0%)
52.44B
est: 55.81B (-6.0%)
64.20B
est: 72.57B (-11.5%)
71.92B
est: 81.72B (-12.0%)
69.03B
est: 83.09B (-16.9%)
83.99B
est: 86.45B (-2.8%)
84.59B
est: 87.63B (-3.5%)
99.12B
est: 97.16B (+2.0%)
108.03B
est: 112.98B (-4.4%)
117.65B
est: 123.74B (-4.9%)
129.93B
est: 128.59B (+1.0%)
135.14B
est: 142.34B (-5.1%)
169.97B
est: 166.90B (+1.8%)
195.95B
est: 201.82B (-2.9%)
215.37B
est: 221.87B (-2.9%)
247.82B
238.66B – 253.53B
+11.7% YoY
280.94B
268.25B – 308.98B
+13.4% YoY
322.64B
300.65B – 354.27B
+14.8% YoY
333.61B
314.44B – 366.59B
+3.4% YoY
374.25B
352.75B – 411.24B
+12.2% YoY
EBITDA
4.75B
est: 2.95B (+61.0%)
5.27B
est: 4.67B (+12.9%)
3.91B
est: 2.83B (+38.1%)
4.81B
est: -207.99M (+2,413.2%)
6.43B
est: -451.19M (+1,526.0%)
6.93B
est: 30.59M (+22,564.4%)
8.37B
est: 1.14B (+631.6%)
10.17B
est: 3.95B (+157.4%)
11.67B
est: 6.67B (+75.0%)
12.38B
est: 8.04B (+54.0%)
11.66B
est: 7.54B (+54.7%)
8.68B
est: 8.52B (+1.9%)
8.57B
est: 8.93B (-4.1%)
12.62B
est: 17.71B (-28.7%)
15.64B
est: 19.44B (-19.5%)
21.74B
20.94B – 22.24B
+11.8% YoY
24.65B
23.53B – 27.11B
+13.4% YoY
28.30B
26.37B – 31.08B
+14.8% YoY
29.27B
27.58B – 32.16B
+3.4% YoY
32.83B
30.95B – 36.08B
+12.2% YoY
EBIT
4.34B
est: 4.46B (-2.5%)
4.79B
est: 3.37B (+42.2%)
3.35B
est: 5.64B (-40.6%)
4.11B
est: 4.13B (-0.5%)
5.55B
est: 4.43B (+25.4%)
5.61B
est: 5.06B (+10.9%)
7.07B
est: 6.02B (+17.4%)
9.07B
est: 8.21B (+10.4%)
10.50B
est: 10.63B (-1.3%)
10.91B
est: 9.51B (+14.7%)
10.13B
est: 9.68B (+4.7%)
7.10B
est: 10.95B (-35.1%)
6.95B
est: 11.47B (-39.4%)
10.76B
est: 16.75B (-35.7%)
13.81B
est: 18.39B (-24.9%)
20.57B
19.81B – 21.04B
+11.8% YoY
23.31B
22.26B – 25.64B
+13.4% YoY
26.77B
24.95B – 29.40B
+14.8% YoY
27.68B
26.09B – 30.42B
+3.4% YoY
31.06B
29.27B – 34.13B
+12.2% YoY
Net Income
2.06B
est: 2.29B (-10.2%)
2.09B
est: 2.46B (-14.9%)
650.45M
est: 2.72B (-76.1%)
667.51M
est: 722.94M (-7.7%)
1.61B
est: 691.27M (+132.9%)
1.48B
est: 1.68B (-11.8%)
3.05B
est: 1.47B (+107.3%)
4.60B
est: 3.45B (+33.5%)
4.96B
est: 5.36B (-7.4%)
5.66B
est: 5.42B (+4.3%)
5.53B
est: 5.63B (-1.9%)
3.32B
est: 6.37B (-47.9%)
1.76B
est: 6.68B (-73.6%)
3.47B
est: 3.92B (-11.5%)
5.71B
est: 6.08B (-6.1%)
7.25B
6.21B – 8.29B
+19.3% YoY
10.65B
7.80B – 12.78B
+46.9% YoY
13.74B
10.74B – 15.61B
+29.1% YoY
17.63B
16.31B – 19.89B
+28.3% YoY
20.87B
19.31B – 23.55B
+18.4% YoY
SGA
9.27B
est: 2.23B (+316.0%)
3.66B
est: 3.78B (-3.3%)
8.66B
est: 12.09B (-28.4%)
2.22B
est: 12.10B (-81.6%)
6.35B
est: 13.20B (-51.9%)
6.90B
est: 13.55B (-49.1%)
7.85B
est: 14.80B (-47.0%)
8.53B
est: 18.87B (-54.8%)
8.81B
est: 18.97B (-53.6%)
11.40B
est: 18.68B (-39.0%)
12.74B
est: 22.10B (-42.3%)
14.94B
est: 24.98B (-40.2%)
16.82B
est: 26.18B (-35.8%)
17.84B
est: 18.95B (-5.9%)
19.25B
est: 20.81B (-7.5%)
23.27B
22.41B – 23.80B
+11.8% YoY
26.38B
25.19B – 29.01B
+13.4% YoY
30.29B
28.23B – 33.26B
+14.8% YoY
31.32B
29.52B – 34.42B
+3.4% YoY
35.14B
33.12B – 38.61B
+12.2% YoY
EPS
8.00
est: 8.17 (-2.0%)
8.14
est: 6.70 (+21.5%)
2.53
est: 5.95 (-57.5%)
2.60
est: 3.81 (-31.7%)
6.26
est: 2.42 (+158.4%)
5.75
est: 7.79 (-26.2%)
11.86
est: 11.16 (+6.2%)
17.91
est: 16.13 (+11.1%)
19.28
est: 19.60 (-1.6%)
22.00
est: 23.07 (-4.6%)
21.50
est: 22.42 (-4.1%)
12.92
est: 18.73 (-31.0%)
6.85
est: 7.30 (-6.2%)
13.49
est: 15.25 (-11.5%)
21.80
est: 22.52 (-3.2%)
28.37
23.35 – 31.13
+26.0% YoY
39.81
29.30 – 48.02
+40.3% YoY
51.18
40.33 – 58.63
+28.6% YoY
66.20
61.26 – 74.71
+29.3% YoY
78.40
72.54 – 88.47
+18.4% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-18 B- 3/5 1/5 4/5 3/5 1/5 3/5 3/5
2026-05-15 C- 1/5 3/5 1/5 1/5 1/5 2/5 1/5
2026-05-14 C- 1/5 3/5 1/5 1/5 1/5 2/5 1/5
2026-05-13 C- 1/5 3/5 1/5 1/5 1/5 2/5 1/5
2026-05-12 C- 1/5 3/5 1/5 1/5 1/5 2/5 1/5
2026-05-11 C- 1/5 3/5 1/5 1/5 1/5 2/5 1/5
2026-05-08 C- 1/5 3/5 1/5 1/5 1/5 2/5 1/5
2026-05-07 C- 1/5 3/5 1/5 1/5 1/5 2/5 1/5
2026-05-06 C- 1/5 3/5 1/5 1/5 1/5 2/5 1/5
2026-05-05 C- 1/5 3/5 1/5 1/5 1/5 2/5 1/5
2026-05-04 C- 1/5 3/5 1/5 1/5 1/5 2/5 1/5
2026-04-30 C- 1/5 3/5 1/5 1/5 1/5 2/5 1/5
2026-04-29 C- 1/5 3/5 1/5 1/5 1/5 2/5 1/5
2026-04-28 C- 1/5 3/5 1/5 1/5 1/5 2/5 1/5
2026-04-27 C- 1/5 3/5 1/5 1/5 1/5 2/5 1/5
2026-04-24 C- 1/5 3/5 1/5 1/5 1/5 2/5 1/5
2026-04-23 C- 1/5 3/5 1/5 1/5 1/5 2/5 1/5
2026-04-22 C- 1/5 3/5 1/5 1/5 1/5 2/5 1/5
2026-04-21 C- 1/5 3/5 1/5 1/5 1/5 2/5 1/5
2026-04-20 C- 1/5 3/5 1/5 1/5 1/5 2/5 1/5
2026-04-17 C- 1/5 3/5 1/5 1/5 1/5 2/5 1/5
2026-04-16 C- 1/5 3/5 1/5 1/5 1/5 2/5 1/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
-8.73B
OE per share TTM
-32.81
Owner's Yield
-6.72%
Maintenance CapEx ratio
48.62%
Maint CapEx / Avg PPE
7.6%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
Total invested
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

ETF Ownership

Top ETFs holding this stock Held by 16 ETFs in our universe
# ETF Weight Est. AUM exposure TER
1 Vanguard FTSE All-World ex-US Small-Cap ETF VSS 0.02% 2.54M 0.06%
2 Vanguard FTSE Emerging Markets All Cap Index ETF VEE.TO 0.01% 185.9K 0.26%
3 Vanguard FTSE Emerging Markets Shares ETF VGE.AX 0.01% 82.4K 0.48%
4 Vanguard FTSE Emerging Markets ETF VWO 0.01% 9.17M 0.06%
5 Vanguard ESG International Stock ETF VSGX 0.00% 121.1K 0.10%
6 Vanguard Total International Stock ETF VXUS 0.00% 10.02M 0.05%
7 Vanguard ESG Global All Cap UCITS ETF (USD) Accumulating V3AA.L 0.00% 17.0K 0.24%
8 Vanguard ESG Global All Cap UCITS ETF (USD) Distributing V3AL.L 0.00% 17.0K 0.24%
9 Vanguard FTSE Global All Cap ex Canada Index ETF VXC.TO 0.00% 14.7K 0.22%
10 Vanguard Total World Stock ETF VT 0.00% 486.3K 0.06%

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
2.27M
Shares Outstanding
266.20M

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Vimal Kejriwal Chief Executive Officer, MD & Director 102M male
Rajeev Agarwal Chief Financial Officer 49M male
Suraj Prakash Eksambekar Company Secretary & Compliance Officer 7M male
Mayank Agrawal Chief Executive of Oil & Gas Pipelines male
Nagesh Veeturi Executive Director of Civil male
Anand Kulkarni Executive Director of Business Operations male
Somraj Roy Chief Human Resources Officer male
Prateek Bhattacharya Managing Director of KEC Asian Cables Ltd. male
Ankur Dev Executive Director of Transportation male
Ganesh Srinivasan President of T&D male
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits