Share Price and Basic Stock Data
Last Updated: November 19, 2025, 9:39 pm
| PEG Ratio | 1.88 |
|---|
Analyst Insight & Comprehensive Analysis
Business Overview and Revenue Trends
KEC International Ltd, a prominent player in the power transmission and equipment sector, reported a market capitalization of ₹20,815 Cr and a share price of ₹782. The company has shown a robust upward trajectory in sales, recording ₹17,282 Cr for the fiscal year ending March 2023, rising to ₹19,914 Cr in March 2024, and projected to reach ₹21,847 Cr in March 2025. Quarterly sales figures also reveal significant growth, with sales of ₹6,165 Cr in March 2024, up from ₹5,525 Cr in March 2023. This indicates a strong demand for KEC’s offerings, driven by infrastructure investments and renewable energy projects. The company’s sales from June 2022 to June 2023 fluctuated, with a notable peak at ₹5,525 Cr in March 2023, demonstrating its capacity to capture market opportunities effectively. The trailing twelve months (TTM) revenue stood at ₹23,336 Cr, reflecting consistent growth in operational performance.
Profitability and Efficiency Metrics
KEC International reported a net profit of ₹683 Cr, translating to a P/E ratio of 30.5 and an impressive return on equity (ROE) of 12.0%. The company has maintained a healthy operating profit margin (OPM) of 7%, which is critical in a competitive industry. Quarterly operating profits have shown resilience, peaking at ₹539 Cr in March 2025, supported by an OPM that increased from 5% in March 2023 to 8% in March 2025. The interest coverage ratio (ICR) stood at 2.37x, indicating adequate earnings to cover interest expenses, thus reflecting financial stability. However, the net profit margin, reported at 2.61% for March 2025, suggests room for improvement in operational efficiency compared to sector norms. The company’s cash conversion cycle (CCC) improved to -255 days, showcasing efficient working capital management and quicker turnover in receivables and inventory.
Balance Sheet Strength and Financial Ratios
KEC International’s balance sheet reflects a strong financial position with reserves of ₹5,294 Cr and borrowings of ₹3,957 Cr, resulting in a manageable debt-to-equity ratio of 0.69x. The company’s book value per share has increased to ₹200.88, indicating a solid foundation for future growth. The total assets rose to ₹22,164 Cr as of March 2025, up from ₹19,031 Cr in March 2024, demonstrating effective asset management and strategic investments. The return on capital employed (ROCE) stood at 18%, showcasing efficient utilization of capital for generating profits. Additionally, the current ratio of 1.19x indicates sufficient liquidity to meet short-term obligations. However, the interest expense has increased significantly, from ₹413 Cr in March 2022 to ₹839 Cr in March 2025, which could pressure profitability if not managed effectively.
Shareholding Pattern and Investor Confidence
KEC International’s shareholding pattern indicates a stable ownership structure, with promoters holding 50.10% of the equity, reflecting strong management control. Foreign institutional investors (FIIs) have increased their stake to 15.92%, while domestic institutional investors (DIIs) hold 22.54%, suggesting growing confidence in the company’s prospects. The number of shareholders has risen to 1,79,525, indicating increased retail participation. However, the decline in promoter holding from 51.88% in March 2023 to 50.10% in March 2025 may raise concerns about control dilution. The dividend payout ratio is relatively conservative at 26% for March 2025, allowing for the retention of earnings for reinvestment. This balance between rewarding shareholders and reinvesting in growth initiatives reflects a prudent approach to capital allocation.
Outlook, Risks, and Final Insight
Looking ahead, KEC International is well-positioned to benefit from the increasing investments in infrastructure and renewable energy, which could bolster revenue growth. However, potential risks include rising interest rates impacting borrowing costs and the overall economic environment affecting project execution timelines. The company’s ability to maintain its margins in the face of fluctuating raw material costs represents another challenge. If KEC can navigate these risks while capitalizing on market opportunities, the outlook remains positive, with opportunities for expansion into new markets and segments. The management’s focus on operational efficiency and strategic investments will be critical in sustaining growth and enhancing shareholder value in a competitive landscape.
Source: Getaka Fundamental Analysis | Generated using proprietary financial data.
Competitors of KEC International Ltd
| Stock Name ⇩ | Market Cap ⇩ | Current Price ⇩ | High / Low ⇩ | Stock P/E ⇩ | Book Value ⇩ | Dividend Yield ⇩ | ROCE ⇩ | ROE ⇩ | Face Value ⇩ |
|---|---|---|---|---|---|---|---|---|---|
| Bajel Projects Ltd | 2,116 Cr. | 183 | 308/145 | 136 | 45.4 | 0.00 % | 12.9 % | 2.68 % | 2.00 |
| Aartech Solonics Ltd | 160 Cr. | 50.3 | 106/49.8 | 48.7 | 10.6 | 0.25 % | 5.64 % | 8.23 % | 5.00 |
| Voltamp Transformers Ltd | 8,618 Cr. | 8,514 | 11,548/5,900 | 26.2 | 1,626 | 1.17 % | 29.1 % | 21.7 % | 10.0 |
| Transformers & Rectifiers India Ltd (TRIL) | 9,107 Cr. | 303 | 650/282 | 36.8 | 44.8 | 0.07 % | 28.0 % | 23.4 % | 1.00 |
| Power Grid Corporation of India Ltd | 2,55,906 Cr. | 275 | 345/247 | 16.8 | 106 | 3.27 % | 12.8 % | 17.0 % | 10.0 |
| Industry Average | 37,263.13 Cr | 1,473.66 | 43.30 | 294.38 | 0.69% | 18.23% | 15.50% | 5.25 |
Quarterly Result
| Metric | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 3,318 | 4,064 | 4,375 | 5,525 | 4,244 | 4,499 | 5,007 | 6,165 | 4,512 | 5,113 | 5,349 | 6,872 | 5,023 |
| Expenses | 3,150 | 3,886 | 4,175 | 5,242 | 3,999 | 4,225 | 4,699 | 5,777 | 4,242 | 4,793 | 4,975 | 6,333 | 4,673 |
| Operating Profit | 168 | 178 | 200 | 283 | 244 | 274 | 308 | 388 | 270 | 320 | 374 | 539 | 350 |
| OPM % | 5% | 4% | 5% | 5% | 6% | 6% | 6% | 6% | 6% | 6% | 7% | 8% | 7% |
| Other Income | 8 | 16 | 2 | 6 | 3 | 16 | 26 | 8 | 43 | 7 | 1 | 20 | 5 |
| Interest | 100 | 128 | 149 | 162 | 159 | 178 | 164 | 154 | 155 | 168 | 170 | 170 | 151 |
| Depreciation | 39 | 40 | 41 | 42 | 42 | 47 | 49 | 48 | 47 | 45 | 45 | 47 | 46 |
| Profit before tax | 37 | 27 | 11 | 86 | 47 | 66 | 121 | 193 | 112 | 113 | 160 | 342 | 159 |
| Tax % | 16% | -108% | -54% | 16% | 9% | 15% | 20% | 21% | 22% | 25% | 19% | 22% | 21% |
| Net Profit | 31 | 55 | 18 | 72 | 42 | 56 | 97 | 152 | 88 | 85 | 130 | 268 | 125 |
| EPS in Rs | 1.21 | 2.15 | 0.68 | 2.81 | 1.65 | 2.17 | 3.77 | 5.90 | 3.41 | 3.21 | 4.87 | 10.08 | 4.68 |
Last Updated: August 1, 2025, 6:25 pm
Below is a detailed analysis of the quarterly data for KEC International Ltd based on the most recent figures (Jun 2025) and their trends compared to the previous period:
- For Sales, as of Jun 2025, the value is 5,023.00 Cr.. The value appears to be declining and may need further review. It has decreased from 6,872.00 Cr. (Mar 2025) to 5,023.00 Cr., marking a decrease of 1,849.00 Cr..
- For Expenses, as of Jun 2025, the value is 4,673.00 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 6,333.00 Cr. (Mar 2025) to 4,673.00 Cr., marking a decrease of 1,660.00 Cr..
- For Operating Profit, as of Jun 2025, the value is 350.00 Cr.. The value appears to be declining and may need further review. It has decreased from 539.00 Cr. (Mar 2025) to 350.00 Cr., marking a decrease of 189.00 Cr..
- For OPM %, as of Jun 2025, the value is 7.00%. The value appears to be declining and may need further review. It has decreased from 8.00% (Mar 2025) to 7.00%, marking a decrease of 1.00%.
- For Other Income, as of Jun 2025, the value is 5.00 Cr.. The value appears to be declining and may need further review. It has decreased from 20.00 Cr. (Mar 2025) to 5.00 Cr., marking a decrease of 15.00 Cr..
- For Interest, as of Jun 2025, the value is 151.00 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 170.00 Cr. (Mar 2025) to 151.00 Cr., marking a decrease of 19.00 Cr..
- For Depreciation, as of Jun 2025, the value is 46.00 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 47.00 Cr. (Mar 2025) to 46.00 Cr., marking a decrease of 1.00 Cr..
- For Profit before tax, as of Jun 2025, the value is 159.00 Cr.. The value appears to be declining and may need further review. It has decreased from 342.00 Cr. (Mar 2025) to 159.00 Cr., marking a decrease of 183.00 Cr..
- For Tax %, as of Jun 2025, the value is 21.00%. The value appears to be improving (decreasing) as expected. It has decreased from 22.00% (Mar 2025) to 21.00%, marking a decrease of 1.00%.
- For Net Profit, as of Jun 2025, the value is 125.00 Cr.. The value appears to be declining and may need further review. It has decreased from 268.00 Cr. (Mar 2025) to 125.00 Cr., marking a decrease of 143.00 Cr..
- For EPS in Rs, as of Jun 2025, the value is 4.68. The value appears to be declining and may need further review. It has decreased from 10.08 (Mar 2025) to 4.68, marking a decrease of 5.40.
Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.
Profit & Loss - Annual Report
Last Updated: November 15, 2025, 5:02 am
| Metric | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 7,902 | 8,468 | 8,518 | 8,584 | 10,053 | 11,001 | 11,965 | 13,114 | 13,742 | 17,282 | 19,914 | 21,847 | 23,336 |
| Expenses | 7,339 | 7,889 | 7,733 | 7,673 | 8,957 | 9,764 | 10,635 | 11,874 | 12,742 | 16,362 | 18,556 | 20,164 | 21,642 |
| Operating Profit | 563 | 579 | 785 | 911 | 1,095 | 1,237 | 1,330 | 1,240 | 1,001 | 920 | 1,359 | 1,683 | 1,694 |
| OPM % | 7% | 7% | 9% | 11% | 11% | 11% | 11% | 9% | 7% | 5% | 7% | 8% | 7% |
| Other Income | -4 | 146 | 6 | 14 | 22 | 31 | 11 | 29 | -31 | 59 | 50 | 68 | 31 |
| Interest | 333 | 376 | 368 | 332 | 318 | 398 | 403 | 360 | 413 | 656 | 797 | 839 | 663 |
| Depreciation | 71 | 88 | 132 | 130 | 110 | 117 | 147 | 153 | 158 | 161 | 185 | 184 | 188 |
| Profit before tax | 155 | 261 | 291 | 463 | 689 | 753 | 790 | 756 | 399 | 161 | 426 | 727 | 873 |
| Tax % | 57% | 38% | 49% | 34% | 33% | 34% | 28% | 27% | 17% | -9% | 19% | 22% | |
| Net Profit | 67 | 161 | 148 | 305 | 460 | 496 | 566 | 553 | 332 | 176 | 347 | 571 | 683 |
| EPS in Rs | 2.60 | 6.26 | 5.75 | 11.86 | 17.91 | 19.28 | 22.00 | 21.50 | 12.92 | 6.85 | 13.49 | 21.44 | 25.67 |
| Dividend Payout % | 23% | 14% | 17% | 14% | 13% | 14% | 15% | 19% | 31% | 44% | 30% | 26% |
YoY Net Profit Growth
| Year | 2014-2015 | 2015-2016 | 2016-2017 | 2017-2018 | 2018-2019 | 2019-2020 | 2020-2021 | 2021-2022 | 2022-2023 | 2023-2024 | 2024-2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| YoY Net Profit Growth (%) | 140.30% | -8.07% | 106.08% | 50.82% | 7.83% | 14.11% | -2.30% | -39.96% | -46.99% | 97.16% | 64.55% |
| Change in YoY Net Profit Growth (%) | 0.00% | -148.37% | 114.16% | -55.26% | -42.99% | 6.29% | -16.41% | -37.67% | -7.02% | 144.15% | -32.61% |
KEC International Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2014-2015 to 2024-2025.
Growth
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 10% |
| 5 Years: | 13% |
| 3 Years: | 17% |
| TTM: | 11% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 25% |
| 5 Years: | 0% |
| 3 Years: | 17% |
| TTM: | 55% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 21% |
| 5 Years: | 21% |
| 3 Years: | 29% |
| 1 Year: | -13% |
| Return on Equity | |
|---|---|
| 10 Years: | 14% |
| 5 Years: | 11% |
| 3 Years: | 9% |
| Last Year: | 12% |
Last Updated: September 5, 2025, 8:55 am
Balance Sheet
Last Updated: July 25, 2025, 2:55 pm
| Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 51 | 51 | 51 | 51 | 51 | 51 | 51 | 51 | 51 | 51 | 51 | 53 |
| Reserves | 1,140 | 1,278 | 1,239 | 1,535 | 1,946 | 2,384 | 2,746 | 3,308 | 3,569 | 3,720 | 4,044 | 5,294 |
| Borrowings | 2,130 | 2,214 | 3,221 | 2,106 | 1,766 | 1,839 | 2,519 | 2,066 | 3,065 | 3,383 | 3,961 | 3,957 |
| Other Liabilities | 4,069 | 4,183 | 4,362 | 5,023 | 6,749 | 7,389 | 7,538 | 8,566 | 9,613 | 10,117 | 10,975 | 12,859 |
| Total Liabilities | 7,390 | 7,727 | 8,874 | 8,715 | 10,512 | 11,663 | 12,855 | 13,992 | 16,298 | 17,271 | 19,031 | 22,164 |
| Fixed Assets | 1,352 | 1,259 | 1,198 | 1,149 | 1,112 | 1,182 | 1,352 | 1,398 | 1,538 | 1,583 | 1,628 | 1,647 |
| CWIP | 18 | 16 | 8 | 5 | 78 | 7 | 84 | 18 | 2 | 11 | 14 | 39 |
| Investments | 0 | 0 | 25 | 130 | 39 | 13 | 22 | 1 | 13 | 0 | 0 | 0 |
| Other Assets | 6,020 | 6,452 | 7,643 | 7,431 | 9,283 | 10,460 | 11,396 | 12,575 | 14,745 | 15,677 | 17,389 | 20,479 |
| Total Assets | 7,390 | 7,727 | 8,874 | 8,715 | 10,512 | 11,663 | 12,855 | 13,992 | 16,298 | 17,271 | 19,031 | 22,164 |
Below is a detailed analysis of the balance sheet data for KEC International Ltd based on the most recent figures (Mar 2025) and their trends compared to the previous period:
- For Equity Capital, as of Mar 2025, the value is 53.00 Cr.. The value appears strong and on an upward trend. It has increased from 51.00 Cr. (Mar 2024) to 53.00 Cr., marking an increase of 2.00 Cr..
- For Reserves, as of Mar 2025, the value is 5,294.00 Cr.. The value appears strong and on an upward trend. It has increased from 4,044.00 Cr. (Mar 2024) to 5,294.00 Cr., marking an increase of 1,250.00 Cr..
- For Borrowings, as of Mar 2025, the value is 3,957.00 Cr.. The value appears to be improving (decreasing). Additionally, since Reserves exceed Borrowings, this is considered a positive sign. It has decreased from 3,961.00 Cr. (Mar 2024) to 3,957.00 Cr., marking a decrease of 4.00 Cr..
- For Other Liabilities, as of Mar 2025, the value is 12,859.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 10,975.00 Cr. (Mar 2024) to 12,859.00 Cr., marking an increase of 1,884.00 Cr..
- For Total Liabilities, as of Mar 2025, the value is 22,164.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 19,031.00 Cr. (Mar 2024) to 22,164.00 Cr., marking an increase of 3,133.00 Cr..
- For Fixed Assets, as of Mar 2025, the value is 1,647.00 Cr.. The value appears strong and on an upward trend. It has increased from 1,628.00 Cr. (Mar 2024) to 1,647.00 Cr., marking an increase of 19.00 Cr..
- For CWIP, as of Mar 2025, the value is 39.00 Cr.. The value appears strong and on an upward trend. It has increased from 14.00 Cr. (Mar 2024) to 39.00 Cr., marking an increase of 25.00 Cr..
- For Investments, as of Mar 2025, the value is 0.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded 0.00 Cr..
- For Other Assets, as of Mar 2025, the value is 20,479.00 Cr.. The value appears strong and on an upward trend. It has increased from 17,389.00 Cr. (Mar 2024) to 20,479.00 Cr., marking an increase of 3,090.00 Cr..
- For Total Assets, as of Mar 2025, the value is 22,164.00 Cr.. The value appears strong and on an upward trend. It has increased from 19,031.00 Cr. (Mar 2024) to 22,164.00 Cr., marking an increase of 3,133.00 Cr..
Notably, the Reserves (5,294.00 Cr.) exceed the Borrowings (3,957.00 Cr.), indicating a solid financial buffer.
Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.
Cash Flow - No data available for this post.
Free Cash Flow
| Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Free Cash Flow | 561.00 | 577.00 | 782.00 | 909.00 | 0.00 | 0.00 | -1.00 | -1.00 | -2.00 | 917.00 | -2.00 | -2.00 |
Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)
Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.
Financial Efficiency Indicators
| Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 176 | 166 | 200 | 179 | 183 | 162 | 166 | 150 | 136 | 90 | 76 | 84 |
| Inventory Days | 45 | 38 | 32 | 35 | 45 | 43 | 51 | 54 | 65 | 59 | 53 | 41 |
| Days Payable | 286 | 266 | 248 | 278 | 331 | 324 | 327 | 395 | 420 | 433 | 401 | 380 |
| Cash Conversion Cycle | -65 | -62 | -17 | -64 | -103 | -119 | -111 | -191 | -219 | -284 | -272 | -255 |
| Working Capital Days | 1 | 7 | 8 | 21 | 33 | 43 | 34 | 37 | 35 | 27 | 25 | 42 |
| ROCE % | 16% | 15% | 16% | 20% | 27% | 29% | 25% | 21% | 14% | 12% | 16% | 18% |
Mutual Fund Holdings
| Fund Name | No of Shares | AUM (%) | Amount Invested (Cr) | Previous Number of Shares | Previous Date | Percentage Change |
|---|---|---|---|---|---|---|
| HDFC Mid-Cap Opportunities Fund - Regular Plan | 9,032,350 | 1.21 | 938.05 | 9,032,350 | 2025-04-22 13:31:13 | 0% |
| Kotak Flexicap Fund - Regular Plan | 6,900,000 | 1.33 | 716.6 | 6,900,000 | 2025-04-22 14:53:35 | 0% |
| HDFC Small Cap Fund - Regular Plan | 4,689,839 | 1.43 | 487.06 | 4,689,839 | 2025-04-22 17:25:29 | 0% |
| HDFC Hybrid Equity Fund - Regular Plan | 4,272,652 | 1.79 | 443.74 | 4,272,652 | 2025-04-22 05:57:46 | 0% |
| HSBC Value Fund | 3,887,970 | 2.86 | 403.79 | 3,887,970 | 2025-04-22 17:25:29 | 0% |
| Nippon India Multi Cap Fund | 2,810,085 | 0.74 | 291.84 | 2,810,085 | 2025-04-22 17:25:29 | 0% |
| HSBC Small Cap Fund - Regular Plan | 2,572,136 | 1.54 | 267.13 | 2,572,136 | 2025-04-22 17:25:29 | 0% |
| DSP Flexi Cap Fund | 2,319,424 | 1.94 | 240.88 | 2,319,424 | 2025-04-22 17:25:29 | 0% |
| Bandhan Sterling Value Fund | 1,861,775 | 1.82 | 193.35 | 1,861,775 | 2025-04-22 17:25:29 | 0% |
| Nippon India Small Cap Fund | 1,730,868 | 0.29 | 179.76 | 1,730,868 | 2025-04-22 17:25:29 | 0% |
Key Financial Ratios
| Month | Mar 25 | Mar 24 | Mar 23 | Mar 22 | Mar 21 |
|---|---|---|---|---|---|
| FaceValue | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 |
| Basic EPS (Rs.) | 21.80 | 13.49 | 6.85 | 12.92 | 21.50 |
| Diluted EPS (Rs.) | 21.80 | 13.49 | 6.85 | 12.92 | 21.50 |
| Cash EPS (Rs.) | 28.34 | 20.70 | 13.13 | 19.06 | 27.43 |
| Book Value[Excl.RevalReserv]/Share (Rs.) | 200.88 | 159.30 | 146.69 | 140.80 | 130.68 |
| Book Value[Incl.RevalReserv]/Share (Rs.) | 200.88 | 159.30 | 146.69 | 140.80 | 130.68 |
| Revenue From Operations / Share (Rs.) | 820.69 | 774.57 | 672.18 | 534.51 | 510.08 |
| PBDIT / Share (Rs.) | 59.16 | 49.28 | 33.49 | 35.66 | 45.55 |
| PBIT / Share (Rs.) | 52.26 | 42.07 | 27.21 | 29.52 | 39.62 |
| PBT / Share (Rs.) | 27.33 | 16.59 | 6.26 | 15.54 | 29.40 |
| Net Profit / Share (Rs.) | 21.44 | 13.49 | 6.85 | 12.92 | 21.50 |
| NP After MI And SOA / Share (Rs.) | 21.44 | 13.49 | 6.85 | 12.92 | 21.50 |
| PBDIT Margin (%) | 7.20 | 6.36 | 4.98 | 6.67 | 8.93 |
| PBIT Margin (%) | 6.36 | 5.43 | 4.04 | 5.52 | 7.76 |
| PBT Margin (%) | 3.32 | 2.14 | 0.93 | 2.90 | 5.76 |
| Net Profit Margin (%) | 2.61 | 1.74 | 1.01 | 2.41 | 4.21 |
| NP After MI And SOA Margin (%) | 2.61 | 1.74 | 1.01 | 2.41 | 4.21 |
| Return on Networth / Equity (%) | 10.67 | 8.46 | 4.66 | 9.17 | 16.45 |
| Return on Capital Employeed (%) | 23.36 | 23.92 | 15.68 | 17.90 | 27.08 |
| Return On Assets (%) | 2.57 | 1.82 | 0.94 | 2.03 | 3.93 |
| Long Term Debt / Equity (X) | 0.06 | 0.06 | 0.13 | 0.10 | 0.06 |
| Total Debt / Equity (X) | 0.69 | 0.93 | 0.84 | 0.79 | 0.54 |
| Asset Turnover Ratio (%) | 1.06 | 1.06 | 0.91 | 0.86 | 0.90 |
| Current Ratio (X) | 1.19 | 1.11 | 1.11 | 1.13 | 1.16 |
| Quick Ratio (X) | 1.12 | 1.03 | 1.03 | 1.04 | 1.07 |
| Inventory Turnover Ratio (X) | 18.56 | 7.16 | 6.75 | 6.78 | 6.65 |
| Dividend Payout Ratio (NP) (%) | 18.01 | 22.23 | 58.41 | 30.95 | 0.00 |
| Dividend Payout Ratio (CP) (%) | 13.63 | 14.49 | 30.46 | 20.98 | 0.00 |
| Earning Retention Ratio (%) | 81.99 | 77.77 | 41.59 | 69.05 | 0.00 |
| Cash Earning Retention Ratio (%) | 86.37 | 85.51 | 69.54 | 79.02 | 0.00 |
| Interest Coverage Ratio (X) | 2.37 | 1.93 | 1.60 | 2.90 | 4.46 |
| Interest Coverage Ratio (Post Tax) (X) | 1.86 | 1.53 | 1.33 | 2.19 | 3.10 |
| Enterprise Value (Cr.) | 23876.65 | 21380.49 | 14579.19 | 12348.72 | 12144.35 |
| EV / Net Operating Revenue (X) | 1.09 | 1.07 | 0.84 | 0.89 | 0.92 |
| EV / EBITDA (X) | 15.16 | 16.88 | 16.93 | 13.47 | 10.37 |
| MarketCap / Net Operating Revenue (X) | 0.95 | 0.89 | 0.67 | 0.70 | 0.80 |
| Retention Ratios (%) | 81.98 | 77.76 | 41.58 | 69.04 | 0.00 |
| Price / BV (X) | 3.90 | 4.36 | 3.11 | 2.69 | 3.14 |
| Price / Net Operating Revenue (X) | 0.95 | 0.89 | 0.67 | 0.70 | 0.80 |
| EarningsYield | 0.02 | 0.01 | 0.01 | 0.03 | 0.05 |
After reviewing the key financial ratios for KEC International Ltd, here is a detailed analysis based on the latest available data and recent trends:
- For FaceValue, as of Mar 25, the value is 2.00. This value is within the healthy range. There is no change compared to the previous period (Mar 24) which recorded 2.00.
- For Basic EPS (Rs.), as of Mar 25, the value is 21.80. This value is within the healthy range. It has increased from 13.49 (Mar 24) to 21.80, marking an increase of 8.31.
- For Diluted EPS (Rs.), as of Mar 25, the value is 21.80. This value is within the healthy range. It has increased from 13.49 (Mar 24) to 21.80, marking an increase of 8.31.
- For Cash EPS (Rs.), as of Mar 25, the value is 28.34. This value is within the healthy range. It has increased from 20.70 (Mar 24) to 28.34, marking an increase of 7.64.
- For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 200.88. It has increased from 159.30 (Mar 24) to 200.88, marking an increase of 41.58.
- For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 200.88. It has increased from 159.30 (Mar 24) to 200.88, marking an increase of 41.58.
- For Revenue From Operations / Share (Rs.), as of Mar 25, the value is 820.69. It has increased from 774.57 (Mar 24) to 820.69, marking an increase of 46.12.
- For PBDIT / Share (Rs.), as of Mar 25, the value is 59.16. This value is within the healthy range. It has increased from 49.28 (Mar 24) to 59.16, marking an increase of 9.88.
- For PBIT / Share (Rs.), as of Mar 25, the value is 52.26. This value is within the healthy range. It has increased from 42.07 (Mar 24) to 52.26, marking an increase of 10.19.
- For PBT / Share (Rs.), as of Mar 25, the value is 27.33. This value is within the healthy range. It has increased from 16.59 (Mar 24) to 27.33, marking an increase of 10.74.
- For Net Profit / Share (Rs.), as of Mar 25, the value is 21.44. This value is within the healthy range. It has increased from 13.49 (Mar 24) to 21.44, marking an increase of 7.95.
- For NP After MI And SOA / Share (Rs.), as of Mar 25, the value is 21.44. This value is within the healthy range. It has increased from 13.49 (Mar 24) to 21.44, marking an increase of 7.95.
- For PBDIT Margin (%), as of Mar 25, the value is 7.20. This value is below the healthy minimum of 10. It has increased from 6.36 (Mar 24) to 7.20, marking an increase of 0.84.
- For PBIT Margin (%), as of Mar 25, the value is 6.36. This value is below the healthy minimum of 10. It has increased from 5.43 (Mar 24) to 6.36, marking an increase of 0.93.
- For PBT Margin (%), as of Mar 25, the value is 3.32. This value is below the healthy minimum of 10. It has increased from 2.14 (Mar 24) to 3.32, marking an increase of 1.18.
- For Net Profit Margin (%), as of Mar 25, the value is 2.61. This value is below the healthy minimum of 5. It has increased from 1.74 (Mar 24) to 2.61, marking an increase of 0.87.
- For NP After MI And SOA Margin (%), as of Mar 25, the value is 2.61. This value is below the healthy minimum of 8. It has increased from 1.74 (Mar 24) to 2.61, marking an increase of 0.87.
- For Return on Networth / Equity (%), as of Mar 25, the value is 10.67. This value is below the healthy minimum of 15. It has increased from 8.46 (Mar 24) to 10.67, marking an increase of 2.21.
- For Return on Capital Employeed (%), as of Mar 25, the value is 23.36. This value is within the healthy range. It has decreased from 23.92 (Mar 24) to 23.36, marking a decrease of 0.56.
- For Return On Assets (%), as of Mar 25, the value is 2.57. This value is below the healthy minimum of 5. It has increased from 1.82 (Mar 24) to 2.57, marking an increase of 0.75.
- For Long Term Debt / Equity (X), as of Mar 25, the value is 0.06. This value is below the healthy minimum of 0.2. There is no change compared to the previous period (Mar 24) which recorded 0.06.
- For Total Debt / Equity (X), as of Mar 25, the value is 0.69. This value is within the healthy range. It has decreased from 0.93 (Mar 24) to 0.69, marking a decrease of 0.24.
- For Asset Turnover Ratio (%), as of Mar 25, the value is 1.06. There is no change compared to the previous period (Mar 24) which recorded 1.06.
- For Current Ratio (X), as of Mar 25, the value is 1.19. This value is below the healthy minimum of 1.5. It has increased from 1.11 (Mar 24) to 1.19, marking an increase of 0.08.
- For Quick Ratio (X), as of Mar 25, the value is 1.12. This value is within the healthy range. It has increased from 1.03 (Mar 24) to 1.12, marking an increase of 0.09.
- For Inventory Turnover Ratio (X), as of Mar 25, the value is 18.56. This value exceeds the healthy maximum of 8. It has increased from 7.16 (Mar 24) to 18.56, marking an increase of 11.40.
- For Dividend Payout Ratio (NP) (%), as of Mar 25, the value is 18.01. This value is below the healthy minimum of 20. It has decreased from 22.23 (Mar 24) to 18.01, marking a decrease of 4.22.
- For Dividend Payout Ratio (CP) (%), as of Mar 25, the value is 13.63. This value is below the healthy minimum of 20. It has decreased from 14.49 (Mar 24) to 13.63, marking a decrease of 0.86.
- For Earning Retention Ratio (%), as of Mar 25, the value is 81.99. This value exceeds the healthy maximum of 70. It has increased from 77.77 (Mar 24) to 81.99, marking an increase of 4.22.
- For Cash Earning Retention Ratio (%), as of Mar 25, the value is 86.37. This value exceeds the healthy maximum of 70. It has increased from 85.51 (Mar 24) to 86.37, marking an increase of 0.86.
- For Interest Coverage Ratio (X), as of Mar 25, the value is 2.37. This value is below the healthy minimum of 3. It has increased from 1.93 (Mar 24) to 2.37, marking an increase of 0.44.
- For Interest Coverage Ratio (Post Tax) (X), as of Mar 25, the value is 1.86. This value is below the healthy minimum of 3. It has increased from 1.53 (Mar 24) to 1.86, marking an increase of 0.33.
- For Enterprise Value (Cr.), as of Mar 25, the value is 23,876.65. It has increased from 21,380.49 (Mar 24) to 23,876.65, marking an increase of 2,496.16.
- For EV / Net Operating Revenue (X), as of Mar 25, the value is 1.09. This value is within the healthy range. It has increased from 1.07 (Mar 24) to 1.09, marking an increase of 0.02.
- For EV / EBITDA (X), as of Mar 25, the value is 15.16. This value exceeds the healthy maximum of 15. It has decreased from 16.88 (Mar 24) to 15.16, marking a decrease of 1.72.
- For MarketCap / Net Operating Revenue (X), as of Mar 25, the value is 0.95. This value is below the healthy minimum of 1. It has increased from 0.89 (Mar 24) to 0.95, marking an increase of 0.06.
- For Retention Ratios (%), as of Mar 25, the value is 81.98. This value exceeds the healthy maximum of 70. It has increased from 77.76 (Mar 24) to 81.98, marking an increase of 4.22.
- For Price / BV (X), as of Mar 25, the value is 3.90. This value exceeds the healthy maximum of 3. It has decreased from 4.36 (Mar 24) to 3.90, marking a decrease of 0.46.
- For Price / Net Operating Revenue (X), as of Mar 25, the value is 0.95. This value is below the healthy minimum of 1. It has increased from 0.89 (Mar 24) to 0.95, marking an increase of 0.06.
- For EarningsYield, as of Mar 25, the value is 0.02. This value is below the healthy minimum of 5. It has increased from 0.01 (Mar 24) to 0.02, marking an increase of 0.01.
Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.
Strength and Weakness
| Strength | Weakness |
|---|---|
|
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Stock Analysis
- Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in KEC International Ltd:
- Net Profit Margin: 2.61%
- Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
- ROCE: 23.36% (Industry Average ROCE: 18.23%)
- ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
- ROE%: 10.67% (Industry Average ROE: 15.5%)
- ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
- Interest Coverage Ratio (Post Tax): 1.86
- Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
- Quick Ratio: 1.12
- Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
- Stock P/E: 27.7 (Industry average Stock P/E: 43.3)
- Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
- Total Debt / Equity: 0.69
- Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
Stock Rating: - Net Profit Margin: 2.61%
About the Company - Qualitative Analysis
| INDUSTRY | ADDRESS | CONTACT |
|---|---|---|
| Power - Transmission/Equipment | RPG House, Mumbai Maharashtra 400030 | investorpoint@kecrpg.com https://www.kecrpg.com |
| Management | |
|---|---|
| Name | Position Held |
| Mr. Harsh V Goenka | Chairman |
| Mr. Vimal Kejriwal | Managing Director & CEO |
| Mr. Vinayak Chatterjee | Non Exe.Non Ind.Director |
| Mr. Vikram Gandhi | Independent Director |
| Mr. M S Unnikrishnan | Independent Director |
| Mr. Arvind Singh | Independent Director |
| Ms. Neera Saggi | Independent Director |
| Dr. Shirish Sankhe | Independent Director |
| Mr. Vimal Bhandari | Independent Director |
| Ms. Nirupama Rao | Independent Director |
FAQ
What is the intrinsic value of KEC International Ltd?
KEC International Ltd's intrinsic value (as of 20 November 2025) is 568.09 which is 19.99% lower the current market price of 710.00, indicating overvalued. Calculated using the PE ratio method, this valuation considers the company's 18,923 Cr. market cap, FY2025-2026 high/low of 1,313/605, reserves of ₹5,294 Cr, and liabilities of 22,164 Cr.
What is the Market Cap of KEC International Ltd?
The Market Cap of KEC International Ltd is 18,923 Cr..
What is the current Stock Price of KEC International Ltd as on 20 November 2025?
The current stock price of KEC International Ltd as on 20 November 2025 is 710.
What is the High / Low of KEC International Ltd stocks in FY 2025-2026?
In FY 2025-2026, the High / Low of KEC International Ltd stocks is 1,313/605.
What is the Stock P/E of KEC International Ltd?
The Stock P/E of KEC International Ltd is 27.7.
What is the Book Value of KEC International Ltd?
The Book Value of KEC International Ltd is 212.
What is the Dividend Yield of KEC International Ltd?
The Dividend Yield of KEC International Ltd is 0.77 %.
What is the ROCE of KEC International Ltd?
The ROCE of KEC International Ltd is 18.0 %.
What is the ROE of KEC International Ltd?
The ROE of KEC International Ltd is 12.0 %.
What is the Face Value of KEC International Ltd?
The Face Value of KEC International Ltd is 2.00.