KEC delivers robust growth in profitability

  • Industry News
  • Feb 04,25
Net debt including acceptances stand at Rs 55.74 billion as of Dec 31, 2024, a reduction of Rs 4.71 billion vis-à-vis Dec 31, 2023.
KEC delivers robust growth in profitability

KEC International Ltd., a global infrastructure EPC major, part of RPG Group, announced its results for the third quarter (Q3 FY25) and nine months (9M FY25) ended December 31, 2024.


Consolidated financial performance:


Standalone financial performance:

Q3 FY25 v/s Q3 FY24

9M FY25* v/s 9M FY24

·  Revenue: 53.49 billion vs. 50.07 billion

·  Revenue: 149.75 billion vs. 137.49 billion

·  EBITDA: 3.74 billion vs. 3.08 billion

EBITDA Margin: 7.0% against 6.2%

Interest as % to Revenue: 3.2% against 3.3%

·  EBITDA: 9.89 billion vs. 8.27 billion

EBITDA Margin: 6.6% against 6.0%

Interest as % to Revenue: 3.3% against 3.6%

·  PBT: 1.60 billion vs. 1.21 billion

·  PBT: 3.85 billion vs. 2.33 billion

·  PAT: 1.30 billion vs. 970 million

·  PAT: 3.03 billion vs. 1.95 billion

Q3 FY25 v/s Q3 FY24

9M FY25* v/s 9M FY24

·  Revenue: 47.58 billion vs. 43.98 billion

·  Revenue: 131.30 billion vs. 120.82 billion

·  EBITDA: 2.81 billion vs. 2.11 billion

EBITDA Margin: 5.9% against 4.8%

 

Interest as % to Revenue: 3.2% against 3.3%

 

·  EBITDA: 7.09 billion vs. 5.64 billion

·  PBT: 930 billion vs. 560 million

PBT Margin: 2.0% against 1.3%

EBITDA Margin: 5.4% against 4.7%

·  PAT: 730 million vs. 0.44 billion

Interest as % to Revenue: 3.4% against 3.6%

PAT Margin: 1.5% against 1.0%

·  PBT: 2.10 billion vs. 710 million

PBT Margin: 1.6% against 0.6%

·  PAT: 1.63 billion vs. 550 million

PAT Margin: 1.2% against 0.5%

*EBITDA for 9MFY25 includes an amount of Rs 240 million received towards an arbitration award. Consolidated order intake and order book:Order intake:YTD order intake of over Rs 220 billion, substantial growth of more than 70% YoY. Order book:YTD order book of Rs 374.4 billion; Additionally, L1 of over Rs 40 billion  Consolidated net debt and net working capital: ?     Net debt including acceptances stand at Rs 55.74 billion as of Dec 31, 2024, a reduction of Rs 4.71 billion vis-à-vis Dec 31, 2023. ?     Net Working Capital (NWC) stands at 134 days as on 31 Dec’24 vis-à-vis 129 days as on 31 Dec’23. Vimal Kejriwal, MD & CEO, KEC International Ltd commented, “We have delivered a good performance for the quarter, reflected in the significant growth in profitability, record order intake and a robust order book. Despite challenges such as ongoing manpower shortages and geopolitical uncertainties, we achieved growth in our Revenues. Our EBITDA margins improved by 80 basis points, rising to 7.0% in Q3 FY25 compared to 6.2% in Q3 FY24. The outlook in all our major businesses remains optimistic. With a solid and diversified order book + L1 of over Rs 410 billion, improved execution visibility, benign cost environment and a substantial tender pipeline, we are well positioned to deliver sustained growth in the coming quarters.”

Related Stories

Electrical & Electronics
Newtek Electricals to Highlight Precision Tech

Newtek Electricals to Highlight Precision Tech

Visitors to the stall will have the opportunity to engage with Newtek’s engineers and discover customised solutions tailored to meet their specific requirements.

Read more
Electrical & Electronics
Miracle Electronic plans to establish a stronger global presence: Nilesh Vadhar

Miracle Electronic plans to establish a stronger global presence: Nilesh Vadhar

In this interview, Nilesh S Vadhar, Director, Miracle Electronic Devices Pvt Ltd, elaborates on the impact of increasing electrification on the market and how the company is meeting the rising deman..

Read more
Electrical & Electronics
Hitachi to Display Innovations at ELECRAMA 2025

Hitachi to Display Innovations at ELECRAMA 2025

- Hitachi Hi-Rel and Hitachi Energy will also mark their presence at ELECRAMA 2025, highlighting their advanced solutions aimed at transforming distribution networks to meet evolving energy demands.

Read more

Related Products

78 Series Din Rail Terminal Blocks

ELECTRICAL & ELECTRONIC EQUIPMENT

Werner Electric Private Limited offers a wide range of 78 series din rail terminal blocks.

Read more

Request a Quote

Mig Welding Torches

ELECTRICAL & ELECTRONIC EQUIPMENT

ATE Welding Engineering Robotics & Automation offers MIG welding torches. Read more

Request a Quote

Puma Lift Electric Stacker

ELECTRICAL & ELECTRONIC EQUIPMENT

Puma Lift Trucks Pvt Ltd offers a wide range of puma lift electric stacker.

Read more

Request a Quote

Hi There!

Now get regular updates from IPF Magazine on WhatsApp!

Click on link below, message us with a simple hi, and SAVE our number

You will have subscribed to our Industrial News on Whatsapp! Enjoy

+91 84228 74016