Infrastructure EPC Company Secures Rs 1,003 Crore Order in Railways, Civil and Cables Business – FIIs Increased Stake in Q1 FY25!

The company’s shares have delivered over 40 per cent to its shareholders in the past 6 months.

KEC International Ltd a global infrastructure EPC major and an RPG Group company, has secured new orders worth Rs. 1,003 crores across its various businesses:

Railways: The business has secured an order for a tunnel ventilation system and associated works in India.

Civil: The business has secured an order in the industrial segment for civil and mechanical works for a steel plant in India.

Cables: The business has secured orders for the supply of various types of cables in India and overseas.

Today, the shares of KEC International closed at around Rs 945.05 per share on the BSE. The company’s current market capitalization stands at Rs 24,296.14 crore. Additionally, the shares have delivered over 40 per cent in the past 1 year.

As per the Quarterly Results, in the Q1 FY25, KEC International recorded a revenue of Rs 4512 crore compared to Rs 4244 crore. The operating profit stood at Rs 270 crore. The net profit stood at Rs 88 crore compared to a profit of Rs 42 crore. Looking at the annual performance, the company generated a revenue of Rs 19914 crore in FY24. The operating profit for FY24 was Rs 1353 crore with a net profit of Rs 347 crore compared to a net profit of Rs 176 crore in FY23.

According to the shareholding pattern of this Small-Cap company, the promoters hold a significant 51.88 per cent stake. Public investors own 10.16 per cent of the shares, while Foreign Institutional Investors (FIIs) hold 12.66 per cent which was earlier 12.45 per cent and Domestic Institutional Investors (DIIs) own 25.29 per cent.

Check out my recent article here.

Investors must keep this small-cap stock on their radar.

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