5nance5nance
5nance5nance
HomeScreens
LOGINGET FREE ACCOUNT

KEC International Ltd.

•
kecrpg.comBSE: 532714NSE: KEC
Market Cap₹ 10,458 Cr.
Current Price
High / Low₹ 938 / 389
Stock P/E18.9
Book Value₹ 234
Price to Book2.21
Dividend Yield1.40 %
ROCE16.4 %
ROE10.5 %
Face Value₹ 2

Add ratio to table

ABOUT

KEY POINTS

Revenue Breakup Mar 2026 • Engineering, Procurement & Construction Business (EPC): 90.8% • Others: 9.2%

AI Sector View

AI GENERATED

Construction

Buy

Construction fundamentals are strong, led by government and infrastructure spending. Capital expenditure was up 66% YoY (2026-06), cement output grew 13.1% YoY (2026-07), and the sector also benefits from improving housing and GFCF conditions. FPI flows turned supportive with INR 1720 crore net inflow over 3 months to 2026-08-31 from INR -9439 crore in the prior 3 months, reinforcing the positive view.

Confidence
80%
View full sector analysis →

PROS

  • Company has consistently been profitable over the last 5 years
  • Stock looks reasonably valued - P/E of 18.9 is below its historical median
  • Company has a consistent dividend-paying track record
  • Company generates healthy free cash flow
  • Attractively priced for its growth - PEG of 0.4

CONS

  • Operating cash flow has been negative in recent years
  • Recent results are weak - TTM profit is down 29.5% versus prior year
  • Receivables are growing faster than sales - a possible quality concern
  • Poor cash conversion - profits are not backed by operating cash flow (CFO/PAT 0.21x)
  • Interest coverage is weak at 1.9x - earnings barely cover interest

* The pros and cons are machine generated based on quantitative rules.

Peer comparison

ConstructionInfrastructureEngineering - Construction
Part ofNIFTY TOTAL MKTNIFTY SMLCAP 50NIFTY 500NIFTY SMLCAP 250
S.No.Name
1.LT3925.0032.55540027.440.974988.0315.5167941.746.6915.9812.00
2.RVNL207.0047.9843159.920.34159.5218.734321.2310.5510.814.41
3.KPIL1408.6521.1724055.870.78311.5345.856407.973.8418.958.77
4.IRB19.0724.1423032.751.363062.701412.5821372.72918.257.7253.93
5.CEMPRO1268.6036.2321792.970.24140.832.642720.927.0233.5310.09
6.ENGINERSIN273.1519.5815352.191.83157.94141.49819.84-5.8030.9420.61
7.TECHNOE983.2026.5311434.570.7193.33-31.44630.3419.8414.8615.79
8.WELENT782.4535.4310830.190.3856.36-44.29773.72-8.4416.4419.49
9.IRCON115.1020.6710825.341.6592.03-43.921955.839.4910.159.81
10.KEC392.8518.8910457.671.4072.62-41.725023.540.0116.355.79
11.AFCONS274.3069.7210088.330.7330.30-77.952671.00-20.7512.889.42
12.NCC145.5513.069138.311.51228.9011.855811.8312.2216.779.43
Detailed Comparison with:

Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
4,2444,4995,0076,1654,5125,1135,3496,8725,0236,0926,0016,3905,024
3,9994,2254,6995,7774,2424,7934,9756,3334,6735,6615,5715,9424,948
Operating Profit24427430838827032037453935043043044876
OPM %5.76%6.10%6.15%6.29%5.99%6.26%7.00%7.84%6.97%7.07%7.16%7.01%1.51%
31626843712055-493014
Interest159178164154155168170170151171171170164
Depreciation42474948474545474651505151
Profit before Tax476612119311211316034215921316025890
Tax %9.36%15.13%19.76%21.49%21.83%24.73%18.94%21.62%21.39%24.52%20.30%25.20%19.22%
Net Profit0000888513026812516112719373
1.652.173.775.903.413.324.8710.084.686.044.797.242.73

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
8,58410,05311,00111,96513,11413,74217,28219,91421,84723,50623,506
7,7158,9789,96510,75711,89612,82116,37418,58520,18221,74622,122
Operating Profit8691,0741,0361,2091,2199219081,3291,6651,7601,384
OPM %10.12%10.69%9.42%10.10%9.29%6.70%5.25%6.67%7.62%7.49%5.89%
56412231325048708085980
Interest332318398403360413656797839872677
Depreciation130110117147153158161185184197202
Profit before Tax463687744790756399161426727789721
Tax %34.24%33.32%34.58%28.44%26.88%16.86%-9.35%18.69%21.55%23.26%23.17%
Net Profit305458486566553332176347571606554
EPS11.8617.9119.2822.0021.5012.926.8513.4921.4422.75—
Dividend Payout %13.50%13.40%14.00%15.46%18.61%30.97%43.82%29.66%25.65%24.18%—

COMPOUNDED SALES GROWTH

10 Years:
11%
5 Years:
12%
3 Years:
11%

COMPOUNDED PROFIT GROWTH

10 Years:
15%
5 Years:
2%
3 Years:
51%

STOCK PRICE CAGR

10 Years:
13%
5 Years:
-1%
3 Years:
-15%
1 Year:
-52%

RETURN ON EQUITY

10 Years:
15%
5 Years:
9%
3 Years:
10%
Last Year:
11%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Corporate actions

2026

Aug 7

₹ 2.75

Rs.5.5000 per share(275%)Final Dividend

2025

Jul 25

₹ 2.75

Rs.5.5000 per share(275%)Final Dividend

2024

Aug 9

₹ 2

Rs.4.0000 per share(200%)Final Dividend

2023

Jul 25

₹ 1.50

Rs.3.0000 per share(150%)Final Dividend

2022

Jun 15

₹ 2

Rs.4.0000 per share(200%)Final Dividend

2021

Jul 19

₹ 2

Rs.4.0000 per share(200%)Final Dividend

2020

Feb 13

₹ 1.70

Interim Dividend

2018

Jul 20

₹ 1.20

Rs.2.4000 per share(120%)Dividend

2017

Jul 18

₹ 0.80

Rs.1.6000 per share(80%)Dividend

2016

Mar 22

₹ 0.50

Rs.1.0000 per share(50%)Interim Dividend

2026

Jul 24

₹ 2.75

Rs.5.5000 per share(275%)Final Dividend

Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital51515151515151515353
1,5351,9462,3842,7463,3083,5693,7204,0445,2946,106
2,0691,7231,7992,3961,9562,9583,0823,6293,7935,089
Trade Payables3,1674,6584,8015,0076,1706,8478,3889,23110,50310,824
1,8932,1352,6292,6542,4982,7021,7091,7232,0832,610
Total Liabilities8,71510,51211,66312,85513,98516,12816,95118,67821,72724,683
1,1491,1121,1821,3521,3981,5381,5831,6281,6471,773
Capital Work in Progress578784182111439114
1303913221130000
3956276417768421,0661,1371,2131,1401,533
00000004,1375,0516,474
Cash & Bank208231276164249262344273656512
6,8288,4249,54310,45711,47713,24613,87611,41213,19514,277
Total Assets8,71510,51211,66312,85513,98516,12816,95118,67821,72724,683

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
1,7668894964371,0483828311419-414
Cash from Investing-183-4-69-118-127-205-142-223-68-242
Cash from Financing-1,379-638-1503-659496-401-145-32511
10017-21-2853771-57319-145

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026

Shareholding Pattern

Numbers in percentages

Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
51.8850.1050.1050.1050.1050.1050.1050.1050.10
12.6613.6015.2015.4216.0215.9211.759.849.92
25.2926.3324.9124.1822.5522.5425.4726.8623.34
Government0.000.000.000.000.000.000.000.000.00
10.179.979.7910.3011.3211.4412.6713.1816.64

Documents

Corporate disclosures, annual reports, credit ratings, and concall transcripts

2026-08-21
Shareholders meeting

2026-08-21 - Please find enclosed herewith proceedings of the Annual General Meeting held on August 21, 2026 along with copy of the Scrutinizer's report and voting results

2026-08-19
Giving guarantees/indemnity/ becoming a surety for third party

2026-08-19 - KEC International Limited has informed the Exchange about issuance of Corporate Guarantee on behalf of its subsidiary company

2026-08-14
Analysts/Institutional Investor Meet/Con. Call Updates

2026-08-14 - We would like to inform that the Transcript of the Earnings Conference Call held on Tuesday, August 11, 2026, for the Unaudited Financial Results of the Company for the quarter ended June 30, 2026, has been made available on the Company's website.

2026-08-13
Action(s) taken or orders passed

2026-08-13 - Pursuant to regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and SEBI Master Circular dated January 30, 2026, details of the order received from Assistant Commissioner (ST), Salem, Tamil Nadu are enclosed.

2026-08-13
Copy of Newspaper Publication

2026-08-13 - Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with SEBI Circular dated January 30, 2026, please find enclosed copies of newspaper advertisements published today, reiterating to the Members on the opening of a special window to facilitate the transfer and dematerialisation of physical securities.

2026-08-11
Analysts/Institutional Investor Meet/Con. Call Updates

2026-08-11 - Pursuant to Regulation 30 read with Para A of Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the details of the Analyst/Institutional Investors meet to be attended by the Company are enclosed.

2026-08-11
Analysts/Institutional Investor Meet/Con. Call Updates

2026-08-11 - In continuation to our letter dated August 03, 2026, we would like to inform that Audio Recording of the Earnings Conference Call held today i.e. on Tuesday, August 11, 2026, at 10:00 a.m. (IST) for the Unaudited Financial Results of the Company for the quarter ended June 30, 2026, has been made available on the Company s website.

2026-08-11
Copy of Newspaper Publication

2026-08-11 - Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed herewith copies of newspaper advertisements published regarding Unaudited Financial Results of the Company for the quarter ended June 30, 2026.

2026-08-10
Investor Presentation

2026-08-10 - KEC International Limited has informed the Exchange about Investor Presentation

News

Recent coverage and analyst commentary for KEC

Loading news…

🤖

AI Stock Analyst

KEC International Ltd.

🔒

Sign in to Chat with AI

Log in with your 5nance account to ask institutional questions about performance, financials, and outlook.

✨ Sign In to Chat

Free 5nance Account

5nance5nance

Stock analysis and screening tool

5nanceAI © 2020-2026

Made with ❤️ in India.

Data provided by Accord Fintech

Terms & Privacy.

Product

PremiumWhat's new?Learn

Team

About usSupport

Theme

5nance5nance

Product

PremiumWhat's new?Learn

Team

About usSupport

Theme

5nanceAI © 2020-2026

Data provided by Accord Fintech

Made with ❤️ in India.

HomeScreens
Login