The outstanding order book of KEC International Ltd has crossed Rs.37,000 crore, growing by 24 per cent on a year-on-year basis.
According to a company investor presentation, KEC International’s outstanding order book, as of around February 3, 2025, stood at Rs.37,440 crore, which was 24 per cent higher than the comparable level a year ago.
Besides, KEC was placed L1 in orders worth around Rs.4,000 crore. The RPG Group company also had a bidding pipeline (tenders under evaluation and in the pipeline) of over Rs.1,50,000 crore.
During the current fiscal year FY25, cumulative order inflows, up to around February 3, 2025, stood at Rs.22,090 crore. This was 72 per cent higher than the comparable inflows in FY24.
Power T&D (including orders booked by KEC’s US-based subsidiary SAE Towers) dominated FY25 order inflows with a share of 72 per cent, followed by other businesses like civil, transportation and renewables.
Overall, domestic orders accounted for 55 per cent of the FY25 cumulative order inflows.
The outstanding order book (at Rs.37,440 crore) had 67 per cent coming from domestic orders. Power T&D, including the share of SAE Towers, accounted for around 59 per cent of the order book position.
Well poised
According to Vimal Kejriwal, MD & CEO, KEC International Ltd “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 Q3FY24. The outlook in all our major businesses remains optimistic. With a solid and diversified order book + L1 of over Rs.41,000 crore, improved execution visibility, benign cost environment and a substantial tender pipeline, we are well positioned to deliver sustained growth in the coming quarters.”
Featured photograph (source: KEC International) is for representation only
