Rs 41,000 crore order book: Power Transmission & Construction Company Bags New Orders of Rs 1,133 Crore

Over the past one year, the stock has delivered a return of 1.3 per cent, while the 3-year return stands at an impressive 115.23 per cent.

KEC International Ltd., a leading global infrastructure EPC major and a flagship company of the RPG Group, has announced significant new orders worth Rs 1,133 crore in its Transmission & Distribution (T&D) business. These include key projects from Power Grid Corporation of India Limited (PGCIL), comprising an ±800 kV HVDC transmission line and a 765 kV GIS substation, along with a 400 kV Quad Transmission line from a reputed private developer. These strategic order wins mark a notable boost in the company’s domestic order book and strengthen its position in India’s energy transmission landscape.

Mr. Vimal Kejriwal, MD & CEO of KEC International Ltd., expressed optimism about the company's growth trajectory, stating that the prestigious orders from PGCIL and the private sector have reinforced the company’s leadership in the Indian T&D space. He added that growing energy demands and the government's focus on renewable energy and transmission capacity expansion are likely to drive further opportunities in this segment.

As of May 16, 2025, the stock of KEC International Ltd. is trading at Rs 800.75. The company touched a 52-week high of Rs 1,250.65 and a low of Rs 657.4, offering a glimpse into its volatile yet potentially rewarding performance. Over the past one year, the stock has delivered a return of 1.3 per cent, while the 3-year return stands at an impressive 115.23 per cent — showcasing multibagger potential over the medium term. With a market capitalisation of Rs 21,316 crore and a Price-Earnings (PE) ratio of 46.92, the company is currently positioned as a Mid-Cap infrastructure play.

KEC International operates across multiple verticals, including power transmission and distribution, civil, railways, solar, urban infrastructure, cables, and oil & gas pipelines. As of December 2023, its order book stood at Rs 30,161 crore, with 69 per cent of the orders coming from domestic projects. The T&D segment continues to dominate with a 49 per cent share, followed by the civil business at 33 per cent. Recently, the company also secured additional orders worth Rs 816 crore across sectors such as metals, mining, cement, and carbon black. Its diversification into hospitals, commercial buildings, and logistics reflects a broader EPC expansion strategy.

KEC International Ltd had a market cap of over Rs 21,000 crore and has been maintaining a healthy dividend payout of 35 per cent. The company reported amazing numbers in its Quarterly Results (Q2FY25) and annual results (FY24). The company’s current order book stands at Rs 41,000 crore, including the L1 orders as of December 31, 2024. Tenders under evaluation and in the pipeline of over Rs 1,50,000 crore.

KEC International maintains a robust manufacturing footprint with facilities in India, Mexico, Brazil, and Dubai. It continues to scale up its production in cable and solar manufacturing, supporting the growing infrastructure demands in India and abroad.

Disclaimer: The article is for informational purposes only and not investment advice.