KEC International Ltd., a global infrastructure EPC major and an RPG Group Company, announced its financial results for the fourth quarter and full year ended 31 March 2026, revealing record revenues and profitability. The company achieved its highest-ever revenues of ₹23,506 crore for FY26, reflecting an 8% growth compared to the previous year.
In the fourth quarter of FY26, KEC International reported consolidated revenues of ₹6,390 crore, a decrease from ₹6,872 crore in Q4 FY25. The EBITDA for the quarter stood at ₹448 crore, down from ₹539 crore in the same period last year, with an EBITDA margin of 7.0% compared to 7.8% in Q4 FY25. For the full year, the EBITDA was ₹1,659 crore, up from ₹1,504 crore in FY25, with the EBITDA margin improving to 7.1% from 6.9%.
The company also reported an all-time high order intake of ₹25,280 crore for FY26 and has secured orders worth over ₹1,000 crore in FY27 to date. The order book as of 31 March 2026 stood at ₹36,267 crore, with the combined order book and L1 position exceeding ₹40,000 crore.
KEC International’s net debt, including acceptances, was ₹6,722 crore as of 31 March 2026, a reduction of ₹84 crore compared to 31 December 2025. The net working capital days increased slightly to 137 days from 135 days as of 31 December 2025.
The company declared a dividend of ₹5.5 per equity share, amounting to 275% of the face value of ₹2 each for FY26.
Mr. Vimal Kejriwal, MD & CEO of KEC International Ltd., stated that the company achieved its highest-ever revenues, profitability, and order intake during the year despite a challenging operating environment. The robust execution in the T&D business significantly contributed to the revenues, with its share increasing to 68% from 59% last year. The profitability also improved, with operating PBT growing by 21% and operating PAT by 18% year-on-year.
Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).