Kec International Ltd. · NSE:KEC
Kec International — Investor Presentation (April 2025)
33 slides from Kec International's investor presentation, Apr 1, 2025
Slide 1: KEC International Limited Corporate Presentation
KEC International Limited Corporate Presentation 0 1 A p r il 2 0 2 5 Power T&D Civil Transportation Oil & Gas Pipelines Renewables Cables
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 Hon’ble PM Shri Narendra Modi virtually inaugurated 765 kV Fatehgarh-Bhadla Transmission line at a special event held in Jaipur 3
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: Building Infrastructure for the World of Tomorrow
KEC International : Building Infrastructure for the World of Tomorrow 8 300+ $2.4 83 40+ FOOTPRINT IN 110+ 7500+ BILLION ONGOING HAPPINESS EMPLOYEES DECADES COUNTRIES PROJECTS GLOBAL EPC SCORE NATIONALITIES MAJOR Transmission Civil Transportation Oil & Gas Renewables Cables & Distribution 5
Slide 6: KEC Overview
KEC Overview • Global infrastructure EPC major • FY24 Sales: Rs. 19,914 crore (USD 2.4 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: 70+
Slide 7: Diverse Portfolio of Offerings
Diverse Portfolio of Offerings Transmission Lines Factories Underground Cabling Water Airports Hospitals Substations Residential Buildings S&T Metros – Civil Metros - Tech Commercial Buildings OHE Track Laying Railway Bridges Data Centre TCAS - Kavach Automatic Signalling Solar Tunnel Ventilation Wa
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 M.S. Unnikrishnan Neera Saggi Nirupama Rao Managing Director Non Executive Non Executive Non Executive Non Executive & CEO Independent Director Independent Director Independent Director Independent Director
Slide 10: Management Team
Management Team Vimal Kejriwal Managing Director & CEO, KEC International Limited Rajeev Agarwal Milind Apte Anand Kulkarni Ganesh Srinivasan Prateek Bhattacharya Chief Financial Officer Chief Human Executive Director - President – Managing Director, Resources Officer Business Operations T&D KEC Asi
Slide 11: Business Overview
2 Business Overview Water Intake System at Bheden, Odisha Part of the ‘Jal Jeevan Mission’ - Water supply to various households across various villages 11
Slide 12: Transmission & Distribution (T&D)
Transmission & Distribution (T&D) • One of the largest Power T&D EPC companies; footprint across 70+ countries • Global leadership with experience of 7+ 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 • 9+ decades of rich and diverse experience in the region • Expanded hardware portfolio with fittings for OPGW, Cross- rope steel wire and St
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 • >60 years library of transmission lines design database, including towers, hybrid poles and monopoles; expertise across designi
Slide 15: Transportation
Transportation • Currently executing 55+ projects; electrified 19% of the • Civil infrastructure such as bridges, tunnels, platforms, stations, Indian Railway network till date residential buildings and workshops • Electrification, track laying and other services in the technology • Complete turnkey
Slide 16: Civil
Civil • Focus on construction of factories, warehouses, residential• Currently executing 60+ projects buildings, commercial complexes, data centres, airports,• Leveraging advanced digital technologies such as drones, metros, water pipelines and water treatment plants photogrammetry, BIM, and IoT in
Slide 17: Renewables
Renewables • One of the few companies with capabilities to execute• Supply/sourcing of key equipment and structures large-scale projects of up to 600 MWp, including Single Axis• Complete range of civil works and O&M services Tracker technology and unique solar projects such as • Integrated EPC solut
Slide 18: Oil & Gas Pipelines
Oil & Gas Pipelines • KEC launched the Oil and Gas Pipelines EPC business in line with the Government’s thrust in the sector and our strategy to diversify the business portfolio into adjacencies. • The business focusses on the construction of Oil & Gas cross-country pipelines in India as well as in
Slide 19: Cables
Cables • Extensive range of cables & turnkey cabling solutions offered in 90+ countries • Two fully integrated facilities, manufacturing a wide range of Power (HT, LT and EHV up to 220 kV), Control & Instrumentation, Telecom, Solar, Railway Signalling Cables and Railway Contact & Catenary Conductors
Slide 20: Key Performance Highlights & Financial Overview
2 Key Performance Highlights & Financial Overview Industrial Project at Odisha 20
Slide 21: Financial Highlights Q3 & 9M FY25 – Growth Across Parameters
Financial Highlights Q3 & 9M FY25 – Growth Across Parameters Q3 FY25 vs Q3 FY24 Revenues EBITDA PBT PAT 7% 22% 32% 34% YoY YoY YoY YoY % 7.0% % 3.0% % 2.4% 5,349 Cr 374 Cr 160 Cr 130 Cr 9M FY25 vs 9M FY24 Revenues EBITDA PBT PAT 9% 20% 65% 55% YoY YoY YoY YoY % 6.6% % 2.6% % 2.0% 14,975 Cr 989 Cr 38
Slide 22: Key Business Highlights – Q3 FY25
Key Business Highlights – Q3 FY25 T&D Civil Transportation • Revenues of Rs. 3,175 Cr, growth of 17% YoY • Revenues of over Rs. 1,100 Cr • Expanded our Transportation portfolio by • Significant traction in order intake with a adding Ropeways to our existing Railway • YTD Order inflow Rs. 2,100 Cr+ i
Slide 23: Profit and Loss Summary (Consolidated)
Profit and Loss Summary (Consolidated) (₹ crore) Growth Growth Q3 FY25 Q3 FY24 9M FY25 9M FY24 (Y-o-Y) (Y-o-Y) Revenues 5,349 5,007 7% 14,975 13,749 9% EBITDA 374 308 22% 989 827 20% EBITDA Margins 7.0% 6.2% 6.6% 6.0% (+) Other Income 1 26 27 45 (-) Depreciation 45 49 137 137 (-) Interest 170 164 4%
Slide 24: Profit and Loss Summary (Standalone)
Profit and Loss Summary (Standalone) (₹ crore) Growth Growth Q3 FY25 Q3 FY24 9M FY25 9M FY24 (Y-o-Y) (Y-o-Y) Revenues 4,758 4,398 8% 13,130 12,082 9% EBITDA 281 211 33% 709 564 26% EBITDA Margins 5.9% 4.8% 5.4% 4.7% (+) Other Income 4 29 56 50 (-) Depreciation 37 38 112 107 (-) Interest 154 146 5% 4
Slide 25: Businesswise Revenue Performance (Consolidated)
Businesswise Revenue Performance (Consolidated) Growth Growth (₹ crore) Particulars Q3 FY25 Q3 FY24 9M FY25 9M FY24 (Y-o-Y) (Y-o-Y) T&D: 3,175 2,723 17% 8,505 7,072 20% - T&D (KEC) 2,866 2,383 20% 7,533 6,091 24% - SAE Towers 309 340 -9% 972 981 -1% Non T&D: 2,278 2,475 -8% 6,739 7,180 -6% - Civil 1
Slide 26: Borrowings & Working Capital (Consolidated)
Borrowings & Working Capital (Consolidated) (₹ crore) Increase/ Increase/ Increase/ Particulars 31-Dec-24 31-Dec-23 30-Sep-24 31-Mar-24 (Decrease) (Decrease) (Decrease) I) Net Debt 4,064 4,445 -381 3,566 499 3,553 511 II) Interest Bearing Acceptances 1,510 1,600 -90 1,699 -190 1,537 -27 Total (I + I
Slide 27: Order Intake & Order Book (Consolidated)
Order Intake & Order Book (Consolidated) Order Intake – YTD FY25 Order Book – YTD FY25 T&D : 62% SAE : 10% T&D: 54% SAE : 5% 4% 0% 1% 1% 4% 3% 10% 11% 10% Order Intake Order Book Rs 22,090 Cr. Rs 37,440 Cr. (Growth of 72%) (Growth of 24%) 59% 25% 72% T&D Civil Transportation Renewables Cables Oil &
Slide 28: Business Outlook Looks Promising
Business Outlook Looks Promising TAILWINDS HEADWINDS Government’s focus on infrastructure Manpower availability improves, however shortage Substantial momentum in T&D persists India T&D – Increasing demand for power and the Geopolitical unrests Government’s focus on expanding renewable ene
Slide 29: KEC: Equity Share Information
KEC: Equity Share Information Year-End Market Capitalisation (Rs. Crore) (₹ crore) Equity Share Information 25000 21500 21600 20000 • Share Price (04 Feb 2025): Rs. 812.90/share 15000 • Market Cap (04 Feb 2025): Rs. 21,600+ crore 11744 10562 9742 10000 • Financial Year – April to March 4770 5000 • L
Slide 30: Environmental, Social and Governance (ESG)
4 Environmental, Social and Governance (ESG) 500 MW Solar Project at Pavagada, Karnataka
Slide 31: ESG & Sustainability Goals and Status
ESG & Sustainability Goals and Status Happiness Diversity & Occupational Corporate Social Quotient Inclusion Heath & Safety Responsibility Target: Increase Happiness Target: Increase in diversity by Target: Work towards the Target: Reach 2 lac CSR Quotient to 85% by FY26 25% by FY26 goal of achievin
Slide 32: Sustainability Roadmap – Key Initiatives and Approach
Sustainability Roadmap – Key Initiatives and Approach • Conducting awareness sessions on the recently • Reusage of construction waste to make shelters launched Purpose Statement and Culture Pillars and support boards for safety signages Happiness Circularity Quotient • Agreement with local bodies fo
Slide 33: 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
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