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17 May 2021
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International Hometex
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Geojit BNP Paribas
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464.00
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Buy
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KEC International Limited (KEC) is a global infrastructure Engineering Procurement and Construction major. It has presence in the verticals of Power T&D; (Transmission & Distribution), Cables, Railways and Water & Renewable. Q4FY21 revenue grew by 18.8% supported by strong execution in non T&D; segment (Civil, Railway, Cable & Solar) while T&D; revenue registered a de-growth of 5.7% YoY. EBITDA margin declined by 197bps YoY to 8.1% due to...
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12 May 2021
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International Hometex
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Prabhudas Lilladhar
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420.00
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Accumulate
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Steep rise in commodity prices and execution delays in Brazil resulted decline in EBITDA margins by 197bps YoY to 8.1%. KEC International (KECI) reported steady quarterly performance led by strong execution across its Non T&D; businesses which was partially offset by steep rise in commodity price. Non T&D; business such as Civil/Cables/Railways reported a grow of 190%/61% 39% YoY, while T&D; declined 6% YoY owing to...
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