Kec international order book

We maintain our buy rating on the stock with revised target price of. Kec strengthens international order book with new contract in. Kec, a billion dollar global infrastructure epc major. Our order book in india continues to grow, despite the general headwinds in the country. Kec international confident of a 15% annual growth rate. Mint markets yet to warm up to kec internationals record order book 1 min read. Kec international ltd has clinched new orders worth rs. Our current order book is at all time high and it gives visibility for the coming 1824 months. In fact, only 43 per cent of the order book of rs 9,462. New orders win boosts kec international business standard news. Dolat capital market is bullish on kec international has recommended buy rating on the stock with a target price of rs 440 in its research report dated january 29, 2021. We have an order book of almost rs 10,700 crore in h1.

Press release care ratings limited, credit rating agency. Investors hope kecs diversification plans are the answer. Nov 26, 2018 kec international is confident of achieving a 15 percent annual growth rate for the next twothree years backed by a robust order book. The rs 179 bn order book and an l1 position of rs 60 bn. With the new orders announced last week, our year end order book along with current l1 pipeline stands at over rs. The companys power transmission and distribution business is its largest and accounts for most of its outstanding order book. Kec international q4 pat falls 3% to 193 cr business. Kec international bags diversified orders transformers magazine. Kec international is a billion dollar turnover, global infrastructure engineering, procurement and construction epc major. Kec s total order book position as on june 30, 2019 stood at rs. Order book is at rs 179 billion, and rs 240 billion if current levelone orders are included.

Markets yet to warm up to kec internationals record order book mint. Mar 12, 2018 kec international, part of the rpg group, is a leading player in the power transmission business and has a presence in over 20 countries. The ratings reaffirmation takes into account kec international limiteds kec position as an established engineering, procurement and construction epc company with a strong market position in the power transmission epc segment. Kec international bags orders worth rs 1,192 cr the. Oct 23, 2020 cd equirsearchkec international buytarget. Read more news on rpg group rapid transit kec international ltd. Our transmission and distribution order book continues to grow across various geographies, especially in international markets. Icici securities has upgraded kec international to buy from hold rating with a target price of rs 260. Kec international ltd is an infrastructure engineering, procurement, and construction company. The cables business has secured orders of rs 168 crore for various types of cablescabling projects in india. In an interview to cnbctv18, ramesh chandak, managing director of kec international says, the companys order book looks good. Kec international rises 2 per cent on securing orders. Kec international wins new orders worth rs 1024 crore. Kec intl share price, kec intl stock price, kec international.

Kec international bags orders worth rs 1,025 crore across. Of this, orders worth rs 6,066 crore are bagged since the end of the september quarter. Looks like capital goods manufacturer kec international ltd, an rpg group company, is down but not out. Consolidated audited results for the year ended 31st march, 2011. Kec international wins new orders worth rs 1024 crore business. During q3fy20, kec s order inflow came in at rs 6,054 crore while the ytd order book was at rs 22,011 crore.

Kec international confident of a 15% annual growth rate for. We maintain positive view on kec international given its strong order book which provides revenue visibility and demonstrated execution capabilities as well as healthy new order inflow. We combine a proven track record of successfully executing projects in difficult conditions and professional expertise. Kec international becomes a billion dollar company. After a 35% erosion in its price since april, the kec. Kec international rises 2 per cent on securing orders worth. Kec international rises 2 per cent on securing orders worth rs. The entry of civil business in the warehouse space opens up a large opportunity for the company in this growing area. Kec strengthens international order book with new contract in oman.

Healthy order book position provides neartomedium term revenue visibility. We are pleased with the new order wins secured amidst global uncertainties. Other metrics include capacity,capacity,capacity,capacity,c. This year our order book possibly will be the best order book. We maintain positive view on kec, given its strong order book which. Our robust and well diversified order book gives us confidence of delivering a strong performance in fy21. Kec strengthens international order book with new contract. Kec internationals order book swells to rs 9,462 crore the.

When we spoke last, you seemed very confident indicating that with the expected new orders, you see margins in the range of 8% to 10%. Kec international wins orders worth rs 1,429 crore projects. Kec international bags diversified orders worth rs. Kec international ended the financial year 2018 on a strong note and expects higher growth over the next two years. Sep 24, 2020 given its approximately rs 250 billion welldiversified region, segmentwise order book, strong bid pipeline with ability to bag orders despite tough times, proven execution track record and healthy balance sheet, we are positive on kec international ltd. Institutional equity research kec international keci in. Jul 09, 2012 vardhan dharkar, cfo, kec international ltd speaks about the three new orders worth rs 790 cr that the company has bagged, order book and company outlook. Kec international is a global infrastructure engineering, procurement and construction epc major.

Kec international, a global infrastructure epc firm, has secured orders worth. Markets yet to warm up to kec internationals record order book. Rpg group firm kec international on monday said it has bagged contracts worth rs 1,192 crore across its various businesses in both domestic and international markets. It has shown an impressive growth of 42% over previous year. Investors hope kecs diversification plans are the answer to. It has a presence in the power transmission and distribution, cable manufacturing, railway construction, water resource management, and renewable energy sectors. Mar 30, 2021 kec has already executed a lossmaking order, while another order will be executed by july 2021. Kec lands its first order in hydrocarbon sector, as well as semi highspeed rail. Apr 01, 2021 kec intl share price, kec intl stock price, kec international ltd. Kec internationals order book swells to rs 9,462 crore. Sep 30, 2020 kecs total order book position as on june 30, 2020 stood healthy at rs. Engineering firm saarc urban infrastructure division kochi metro rail.

Kec has already executed a lossmaking order, while another order will be executed by july 2021. Kec international wins new orders worth rs 1 024 crani bw. Vimal kejriwal our international order book has strengthened significantly in the last few months especially in the middle east and africa we are also witnessing. Kec international is a team of more than 6000 diverse professionals spread across the globe. Kec international key highlights from q2fy21 results. Markets yet to warm up to kec internationals record order. International orders accounted for 59% of the total order book for the. Overall the company has a bid pipeline of rs 600 bn rs 300 bn already quoted, the rest announced. Mar 12, 2019 global infrastructure epc major kec international ltd, a part of mumbaibased rpg group, has bagged new orders worth. According to the brokerage, kec reported better than expected execution in q4fy20 at rs 36.