Infra Stock Jumps 5% After Bagging ₹1,180 Cr Orders Across T&D, Renewables, and Civil Businesses

Synopsis: A global infrastructure EPC major has secured fresh orders worth ₹1,180 crore spanning transmission and distribution, renewables, civil, and cables businesses across India and overseas markets. The wins include the company’s first-ever transmission line order for powering a data centre in India, taking year-to-date order intake past ₹5,200 crore.

A leading global infrastructure engineering, procurement, and construction player has expanded its order book with a fresh round of wins across multiple business verticals. The orders span domestic and international markets, including its first transmission line project for supplying power infrastructure to a data center in India, along with a large solar project and additional civil works. 

With a market capitalization of Rs. 13,600 crore, the shares of KEC International Limited were trading at Rs. 514 per share, up by 5 percent after the announcement, and they are trading at a P/E of approximately 21x.

Order Update

KEC International Ltd., an RPG Group Company, has secured new orders worth ₹1,180 crore across its businesses. In Transmission & Distribution, the company won a 400 kV transmission line project in Western India to power a data center, along with orders for supply of transmission line towers in the Middle East and towers, hardware, and poles in the Americas. 

The Renewables business secured an order for a 200+ MW Solar PV project in Western India from an existing private developer client. The Civil business bagged an order for additional civil and structural works for a 150 MW thermal power plant from a private player in Eastern India, while the Cables & Conductors business secured various orders across India and overseas markets.

Managing Director & CEO Vimal Kejriwal called the data center transmission line order an important milestone for the T&D business, saying it marks the company’s first transmission line project catering to India’s growing data center infrastructure. He added that the Middle East tower order strengthens the Tower Supply business, while the solar win reflects deepening ties with existing renewables clients. With these wins, the company’s year-to-date order intake for FY27 stands at over ₹5,200 crore.

Financial Snapshot & Business Overview

KEC International is a global infrastructure Engineering, Procurement and Construction major and the flagship company of the RPG Group, one of India’s fastest-growing business conglomerates with a turnover of US$5.2 billion. KEC operates across Power Transmission & Distribution, Civil, Transportation, Renewables, Oil & Gas Pipelines, and Cables & Conductors, with a footprint spanning more than 110 countries.

On a consolidated basis for FY26, the company reported revenue from operations of Rs.23,506 crore, up from Rs.21,847 crore in FY25. Operating profit came in at Rs.1,659 crore against Rs.1,683 crore a year earlier, with an operating margin at 7%. Net profit for the year rose to Rs.606 crore, compared to Rs.571 crore in FY25, supported by a sharp reduction in interest costs which fell from Rs.839 crore to Rs.664 crore even as other income turned marginally negative.

As per the segment, the current order book and L1 position is led by T&D at ₹25,200 crore, followed by Civil at ₹10,400 crore, Transportation at ₹2,600 crore, Cables at ₹1,100 crore, Renewables at ₹800 crore, and Oil & Gas at ₹300 crore. Geographically, India accounts for 55% of the order book, followed by the Middle East at 27%, Americas at 7%, SAARC and Africa at 4% each, and CIS at 3%. The order book to revenue ratio stands at 1.7 times. 

Disclaimer: The views and investment tips expressed by investment experts/broking houses/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Trade Brains Technologies Private Limited or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.

The post Infra Stock Jumps 5% After Bagging ₹1,180 Cr Orders Across T&D, Renewables, and Civil Businesses appeared first on Trade Brains.