Kec International Ltd. · NSE:KEC
Kec International — Q1 FY27 Earnings Presentation
38 slides from Kec International's earnings presentation, Aug 10, 2026
Slide 1: KEC International Limited Corporate Presentation
KEC International Limited Corporate Presentation 10 August 2026 Power T & D Civil Transportation Oil & Gas Pipelines Renewables Cables & Conductors
Slide 2: Disclaimer
Disclaimer This presentation may include statements which may constitute forward-looking statements. All statements that address expectations or projections about the future, including, but not limited to, statements about the strategy for growth, business development, market position, expenditures,
Slide 3: Overview – RPG Group & KEC International
1 Overview – RPG Group & KEC International Semiconductor Manufacturing Plant, Gujarat, India3
Slide 4: RPG Group: Powered by Passion, Driven by Ethics
RPG Group: Powered by Passion, Driven by Ethics UNLEASHTALENT RPG Enterprises was founded in 1979. The group currently operates various businesses in Infrastructure, Technology, Life Sciences, Plantations and Tyre industries. The group has business history dating back to TOUCHLIVES 1820 AD in bankin
Slide 5: KEC International: A Legacy of 8 Decades, A Promise of Happiness
KEC International : A Legacy of 8 Decades, A Promise of Happiness 8+ FOOTPRINT IN 250+ $2.7 8 7800+ 40+ DECADES OF EXPERIENCE 110+ COUNTRIES BILLION ONGOING MANUFACTURING FACILITIES EMPLOYEES NATIONALITIES PROJECTS GLOBAL EPC & EXPERTISE MAJOR Transmission & Distribution Civil Cables & Conductors Tr
Slide 6: KEC Overview
KEC Overview • Global infrastructure EPC major • FY26 Sales: Rs. 23,506 crore (USD 2.7 billion) • Eight manufacturing facilities across India, Dubai, Brazil and Mexico Footprint in 110+ countries across the globe Middle India & Americas Oceania East South Asia Africa EPC Footprint countries EPC: 75+
Slide 7: Diverse Portfolio of Offerings
Diverse Portfolio of Offerings Transmission Lines Factories MEP Metros – Civil Metros - Tech Solar Wind Substations Residential Buildings Airports OHE S&T TCAS - Kavach Semiconductor HVDC Commercial Buildings Hospitals Ballastless Tracks Stations & Platforms Speed Upgradation Thermal Power STATCOM W
Slide 8: Purpose Statement and Culture Pillars
Purpose Statement and Culture Pillars “WE TRANSFORM LIVES BY BUILDING SUSTAINABLE WORLD CLASS INFRASTRUCTURE” Execution Excellence Customer Centricity Technology & Engineering Mindset Happiness Inclusive - Empowerment Diverse & & Trust Global Mindset 8
Slide 9: Board of Directors
Board of Directors H. V. Goenka Chairman, Non Executive Director Vimal Kejriwal Arvind Singh Harsh Vardhan Shringla M.S. Unnikrishnan Neera Saggi Managing Director Non Executive Non Executive Non Executive Non Executive & CEO Independent Director Independent Director Independent Director Independent
Slide 10: Management Team
Management Team Vimal Kejriwal Managing Director & CEO Rajeev Aggarwal Somraj Roy Ganesh Srinivasan Raman Kapil Manish Srivastava Chief Financial Officer Chief Human Resources Officer & President - President - Managing Director, Executive Director T&D Civil KEC Asian Cables Ltd. Ankur Dev Mayank Agr
Slide 11: Business Overview
2 Business Overview Transmission line project, Kuwait – Saudi Arabia Interconnection 11
Slide 12: Transmission & Distribution (T&D)
Transmission & Distribution (T&D) • One of the largest Power T&D EPC companies; footprint across 75+ countries • Global leadership with experience of 8+ decades • Integrated solutions on turnkey basis Transmission Lines up to 1,200 kV Large size substations – Air Insulated up to 1,150 kV, Gas In
Slide 13: Transmission & Distribution (T&D) (contd.)
Transmission & Distribution (T&D) (contd.) SAE Towers, USA Wholly owned subsidiary • Leading manufacturer of steel lattice transmission towers in the Americas • 7 decades of rich and diverse experience in the region • Manufactures Transmission Towers, Poles, Substation Tower Manufacturing Facility,
Slide 14: In-house capabilities for turnkey solutions
In-house capabilities for turnkey solutions Design & Engineering • In-house design centers with 400+ engineers across eight centres in India, the Middle East and Americas • >70 years library of transmission lines design database, including towers, hybrid poles and monopoles; expertise across designi
Slide 15: Transportation
Transportation • End-to-end EPC solutions (Railways, Metros & Ropeways) • Experience in tunnel ventilation, MEP systems, and port- • Proven capabilities in railway electrification (OHE/2x25 kV), connectivity infrastructure track laying, gauge conversion, and civil works • Pioneer in erecting heavy p
Slide 16: Civil
Civil • End-to-end EPC solutions across residential, commercial, • Advanced use of digital tools like BIM, AI planning, IoT industrial, data centres, defence, and water infrastructure monitoring, and automated scheduling • Expertise in delivering high-rise buildings, smart campuses, • Expertise in m
Slide 17: Renewables
Renewables • Comprehensive EPC solutions across Solar, Wind, • Extending capabilities into Green Hydrogen, and Green Hydrogen covering generation, storage, and end-use • Executing over 500 MWp of solar projects including applications ground-mounted, rooftop, and carport systems • Backward integratio
Slide 18: Oil & Gas Pipelines
Oil & Gas Pipelines • End-to-end EPC capabilities across oil, gas, slurry, and water pipeline infrastructure • Expertise in cross-country pipelines, terminal works, process piping, and storage tankages • Successfully delivered 1,200+ km of hydrocarbon pipelines across India • Currently executing 125
Slide 19: Cables
Cables • KEC’s wholly owned subsidiary KEC Asian Cables manufactures a comprehensive range of power cables, special cables, & O/H conductors • Product portfolio spans Extra High Voltage (up to 220 kV), High & Low Voltage, Control & Instrumentation, Railway, Telecom, and Solar cables • Two state-of-t
Slide 20: Key Performance Highlights
3 Key Performance Highlights 765kV Ahemdabad – Navsari Transmission line, Gujarat20
Slide 21: Key Performance Highlights – Consolidated FY26
Key Performance Highlights – Consolidated FY26 Consolidated Highlights for FY26 v/s FY25 Record Revenues of Rs. 23,506 Cr - Growth of 8% EBITDA Margin at 7.1% against 6.9% Interest cost as % to sales at 2.8% against 3.0% Operating PBT at Rs. 848 Cr against Rs. 704 Cr Operating PBT Margin a
Slide 22: Key Business Highlights – FY26
Key Business Highlights – FY26 T&D Civil Transportation • Revenues of Rs. 15,883 Cr, growth of 24% • Revenues of Rs. 3,823 Cr • Revenues of Rs. 1,555 Cr; focus on expediting • Bheden water project supplying to over completion of existing projects • Order intake of ~Rs. 17,700 Cr across India, Middle
Slide 23: Performance Snapshot – Q1 FY27
Performance Snapshot – Q1 FY27 Resilient Performance in a challenging environment – Maintained Revenues, Reduced Debt & Strengthened Order Book Financial Performance • Achieved Revenues of Rs. 5,024 Cr, higher than last year • Delivered PBT of Rs. 90 Cr and PAT of Rs. 73 Cr.; Achieved PBT margin of
Slide 24: Key Business Highlights – Q1 FY27
Key Business Highlights – Q1 FY27 T&D Civil Transportation • Revenues of Rs. 3,217 Cr • Revenue grew to Rs. 993 Cr • Revenues of Rs. 259 Cr; focus on completion • Order intake of ~Rs. 3,600 Cr across India, of ongoing projects • Order Intake/ L1 of over Rs. 1,400 Cr Middle East, Africa and Americas
Slide 25: Management Commentary
Management Commentary We delivered a resilient performance for the quarter, by maintaining revenues, strengthening our order book, reducing debt and building a healthy growth pipeline, despite a challenging operating environment. The performance for the quarter could have been better but for the con
Slide 26: Financial Performance
4 Financial Performance Rubber Rubber Cables Cables Facility Facility at Vadodara, at Vadodara, Gujarat26 Gujarat
Slide 27: Profit and Loss Summary – Consolidated FY26
Profit and Loss Summary – Consolidated FY26 Growth (₹ crore) Particulars FY26 FY25 (Y-o-Y) Revenues 23,506 21,847 8% EBITDA 1,659 1,504 10% EBITDA Margins 7.1% 6.9% (+) Other Income 50 47 (-) Depreciation 197 184 (-) Interest 664 664 0% Interest as % to sales 2.8% 3.0% Operating PBT 848 704 21% Oper
Slide 28: Profit and Loss Summary – Consolidated Q1 FY27
Profit and Loss Summary – Consolidated Q1 FY27 (₹ crore) Growth Particulars Q1 FY27 Q1 FY26 (Y-o-Y) Revenues 5,024 5,023 0% EBITDA 291 350 -17% EBITDA Margins 5.8% 7.0% (+) Other Income 14 5 (-) Depreciation 51 46 (-) Interest 164 151 9% Interest as % to sales 3.3% 3.0% PBT 90 159 -43% PBT Margins 1
Slide 29: Profit and Loss Summary – Standalone Q1 FY27
Profit and Loss Summary – Standalone Q1 FY27 (₹ crore) Growth Particulars Q1 FY27 Q1 FY26 (Y-o-Y) Revenues 3,898 4,030 -3% EBITDA 156 197 -21% EBITDA Margins 4.0% 4.9% (+) Other Income 17 8 (-) Depreciation 36 32 (-) Interest 136 123 10% Interest as % to sales 3.5% 3.1% PBT 1 50 -97% PBT Margins 0.0
Slide 30: Businesswise Revenue Performance – Consolidated FY26
Businesswise Revenue Performance – Consolidated FY26 Growth (₹ crore) Particulars FY26 FY25 (Y-o-Y) T&D: 15,883 12,833 24% - T&D (KEC) 14,082 11,508 22% - SAE Towers 1,800 1,325 36% Non T&D: 8,369 9,616 -13% - Civil 3,823 4,483 -15% - Transportation 1,555 2,112 -26% - Oil & Gas Pipelines 258 363 -29
Slide 31: Businesswise Revenue Performance – Consolidated Q1 FY27
Businesswise Revenue Performance – Consolidated Q1 FY27 (₹ crore) Growth Particulars Q1 FY27 Q1 FY26 (Y-o-Y) T&D: 3,217 3,157 2% - T&D (KEC) 2,767 2,797 -1% - SAE Towers 450 359 25% Non T&D: 2,026 1,990 2% - Civil 993 940 6% - Transportation 259 471 -45% - Oil & Gas Pipelines 117 60 93% - Renewables
Slide 32: Borrowings & Working Capital – Consolidated Q1 FY27
Borrowings & Working Capital – Consolidated Q1 FY27 (₹ crore) Increase/ Increase/ Particulars 30-Jun-26 31-Mar-26 30-Jun-25 (Decrease) (Decrease) I) Net Debt 4,492 4,601 -109 3,660 833 II) Interest Bearing Acceptances 2,075 2,121 -45 1,689 387 Total (I + II) 6,568 6,722 -154 5,348 1,220 Net Debt i
Slide 33: Order Intake & Order Book (Consolidated) – YTD FY27
Order Intake & Order Book (Consolidated) – YTD FY27 Order Intake Order Book T&D : 30% SAE : 27% T&D: 52% SAE : 10% 12% 2% 1% 3% 6% 12% Order Intake Order Book 4% Rs 6,303 Cr. Rs 37,697 Cr. 26% 57% 62% 15% Domestic : 65% International : 35% Domestic : 54% International : 46% T&D Civil Transportation
Slide 34: Business Outlook
Business Outlook TAILWINDS HEADWINDS Strong multi-year T&D opportunity driven by rising power demand, grid Geopolitical uncertainty in the Middle East expansion, renewable integration and grid modernisation o Supply chain and logistics disruptions Momentum continues in India T&D market with ac
Slide 35: Environmental, Social and Governance (ESG)
5 Environmental, Social and Governance (ESG) • Hon'ble Prime Minister, Shri Narendra Modi inaugurated the recently commissioned Bheden Water Supply Project in Odisha • This landmark project will provide safe and reliable drinking water to 166 villages through ~58,000 household tap connections
Slide 36: ESG & Sustainability Goals FY 2030
ESG & Sustainability Goals FY 2030 Occupational Corporate Social Sustainable Diversity & Heath & Safety Responsibility Procurement Inclusion Target: Target: Target: Target: • 70% of key suppliers to be ISO 14001 certified by FY30 Increase in diversity by 25% by Work towards the goal of Reach 3 lac C
Slide 37: Sustainability Roadmap – Key Initiatives and Approach
Sustainability Roadmap – Key Initiatives and Approach Diversity & • Support Beam : Ongoing program to enable people managers to act as effective allies to women employees Inclusion • Organised sessions on ‘Creating Respectful & Inclusive Workplace’ • High-consequence activities including work at hei
Slide 38: Thank You
THANK YOU Global Footprint in 110+ countries* *Includes EPC and Supply Follow us on: Registered Office RPG House, 463, Dr. Annie Besant Road, Worli, Mumbai - 400 030. Phone: +91-22-6667 0200 Email: kecindia@kecrpg.com www.kecrpg.com