KEC International Limited — PPTs, 03-02-2025: Investor Presentation

**Financial Highlights Q3 & 9M FY25 – Growth Across Parameters**

In Q3 FY25, KEC International reported revenues of ₹5,349 Cr, marking a 7% increase from the previous year. EBITDA rose significantly by 22% YoY to ₹374 Cr, resulting in an EBITDA margin of 7.0%. Profit Before Tax (PBT) reached ₹160 Cr, an increase of 32%, while Profit After Tax (PAT) was ₹130 Cr, up 34%. For the first nine months of FY25, total revenues were ₹14,975 Cr, reflecting a 9% YoY growth, with PAT growing 55% to ₹303 Cr.

**Strategic Initiatives and Growth Drivers**

In Q3, KEC experienced robust order intake, doubling year-on-year with total orders exceeding ₹16,000 Cr. Capacity expansions are underway at multiple plants, including Dubai and Jaipur, positioning the company for further growth.

**Business Developments**

The company achieved remarkable performance across segments: Transmission & Distribution (T&D) revenues grew 17% YoY to ₹3,175 Cr, while renewable projects reported a 50% increase, with revenues of ₹238 Cr. The company has successfully broadened its client base and secured strategic contracts, including its first order in the composite construction sector.

**Market Position and Competitive Advantage**

With a solid order book of ₹41,000 Cr, the company is well-positioned to capitalize on government infrastructure initiatives and increasing demand, particularly in renewable energy and T&D sectors.

**Investor Implications**

Investors should note the sustained growth and capacity expansion strategies that suggest a positive outlook. The company remains focused on optimizing working capital while addressing emerging challenges, such as competitive pressures and geopolitical factors. The solid performance coupled with an impressive order pipeline reveals strong potential for ongoing revenue growth.