KEC International Ltd.KEC₹930.40 +7.42%

Shares of KEC International Ltd. surged up to 8%, reaching an intraday high of ₹937.80 apiece.

Post market hours on Monday, September 22, the company said it secured a major new order worth ₹3,243 crore in its international Transmission & Distribution (T&D) business. This new contract, which includes its largest ever EPC order to date, is expected to significantly boost the company’s growth trajectory and has led to a surge in its stock price.

This substantial order intake is primarily composed of two key projects:

  • A major contract for 400 kV Transmission lines in the United Arab Emirates (UAE).
  • The supply of towers, hardware, and poles in the Americas.

The order from the UAE not only strengthens KEC International’s footprint in the Middle East but also substantially expands its international T&D order book. With this latest win, the company’s year-to-date (YTD) order intake has now reached an impressive ~₹11,700 crore, positioning it well for future growth.

About the Company

KEC International is a global infrastructure Engineering, Procurement, and Construction (EPC) major with a diverse presence in various sectors, including Power Transmission & Distribution, Civil, Transportation, Renewables, Oil & Gas Pipelines, and Cables. 

For Q1FY26, the company’s consolidated revenue increased by 11% year-over-year (YoY) to ₹5,023 crore. EBITDA saw substantial growth, rising by 19% YoY to ₹350 crore, with the EBITDA margin expanding by 50 basis points to 7.0%. Both Profit Before Tax (PBT) and Profit After Tax (PAT) saw stellar growth of over 40%, reaching ₹159 crore and ₹125 crore, respectively. 

Over the last three and five years, this stock has delivered multibagger returns of more than 105% and 195%, respectively. 

Let’s take a look at its Factor Analysis scores:

Note: The stock prices mentioned are as of 10:50 am.

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Registered office – 2, Floor 3, Wing A, Block A, Salarpuria Softzone, Service Road, Green Glen Layout, Bellandur, Bengaluru South, Bengaluru, Karnataka – 560103, INDIA.

CIN: U65990KA2021PTC146954.