Conference Call with KEC International Management and Analysts on Q1FY26 Performance and Outlook. Listen to the full earnings transcript.
Heavy Electrical Equipment company KEC International announced Q1FY26 results Consolidated Financial Highlights: Revenue: Rs 5,023 crore against Rs 4,512 crore EBITDA: Rs 350 crore against Rs 294 crore EBITDA Margin: 7.0% against 6.5% Interest as % to Revenue: 3.0% against 3.4% PBT: Rs 159 crore against Rs 112 crore PBT Margin: 3.2% against 2.5% PAT: Rs 125 crore against Rs 88 crore PAT Margin: 2.5% against 1.9% YTD Order intake of Rs 5,517 crore, primarily from T&D; and Civil business YTD Order Book of Rs 34,409 crore; Additionally, L1 of over Rs 6,000 crore Net debt including Acceptances stand at Rs 5,348 crore as on 30th Jun’25, a reduction of ~Rs 250 crore vis-àvis 30th Jun’24, despite a Revenue growth of over Rs 2,000 crore, i.e., 11% in trailing 12 months Net Working Capital (NWC) stands at 128 days as on 30th Jun’25 vis-à-vis 122 days as on 30th Jun’24 Standalone Financial Highlights: Revenue: Rs 4,030 crore against Rs 3,888 crore EBITDA: Rs 197 crore against Rs 198 crore EBITDA Margin: 4.9% against 5.1% Interest as % to Revenue: 3.1% against 3.5% PBT: Rs 50 crore against Rs 43 crore PBT Margin: 1.2% against 1.1% PAT: Rs 37 crore against Rs 32 crore PAT Margin: 0.9% against 0.8% Vimal Kejriwal, MD & CEO, KEC International Ltd. commented, “We have started the year on a strong note by delivering a healthy revenue growth, substantial increase in profitability and a reduction in debt levels. Despite headwinds such as persistent manpower shortages and geopolitical uncertainties, we have continued to deliver consistent profitable revenue growth. Profitability has also seen stellar growth, with PBT and PAT both growing by growing by over 40%. The outlook across major businesses remains optimistic. With a strong focus on execution, a robust and diversified order book & L1 of over Rs 40,000 crore and a substantial tender pipeline, we are well positioned to deliver sustained profitable growth in the coming quarters.” Result PDF