Kec International Ltd. · NSE:KEC
Kec International — Q2 FY27 Earnings Presentation
25 slides from Kec International's earnings presentation, Nov 2, 2026
Slide 1: Regulation 30 cover letter to stock exchanges
KEC INTERNATIONAL LTD. RPG House 463, Dr. Annie Besant Road Worli, Mumbai 400030, India +91 22 66670200 [email protected] www.kecrpg.com November 02, 2026 National Stock Exchange of India Limited BSE Limited Exchange Plaza Phiroze Jeejeebhoy Towers Bandra Kurla Complex Dalal Street, Fort Bandra (E
Slide 2: KEC International Limited Investor Presentation – Q2 FY27
KEC International Limited Investor Presentation – Q2 FY27 2 N o ve mb e r 2 0 2 6 Power T & D Civil Transportation Oil & Gas Pipelines Renewables Cables & Conductors
Slide 3: Disclaimer
Disclaimer This presentation may include statements which may constitute forward-looking statements. All statements that address expectations or projections about the future, including, but not limited to, statements about the strategy for growth, business development, market position, expenditures,
Slide 4: Overview – RPG Group & KEC International
1 Overview – RPG Group & KEC International 765kV Bhadla – Sikar Transmission line, Rajasthan 3
Slide 5: RPG Group: Powered by Passion, Driven by Ethics
RPG Group: Powered by Passion, Driven by Ethics UNLEASHTALENT RPG Enterprises was founded in 1979. The group currently operates various businesses in Infrastructure, Technology, Life Sciences, Plantations and Tyre industries. The group has business history dating back to TOUCHLIVES 1820 AD in bankin
Slide 6: KEC International: A Legacy of 8 Decades, A Promise of Happiness
KEC International : A Legacy of 8 Decades, A Promise of Happiness 8+ FOOTPRINT IN 250+ $2.7 8 7800+ 40+ DECADES OF EXPERIENCE 110+ COUNTRIES BILLION ONGOING MANUFACTURING FACILITIES EMPLOYEES NATIONALITIES PROJECTS GLOBAL EPC & EXPERTISE MAJOR Transmission & Distribution Civil Cables & Conductors Tr
Slide 7: Diverse Portfolio of Offerings
Diverse Portfolio of Offerings Transmission Lines Factories MEP Metros – Civil Metros - Tech Solar Wind Substations Residential Buildings Airports OHE S&T TCAS - Kavach Semiconductor HVDC Commercial Buildings Hospitals Ballastless Tracks Stations & Platforms Speed Upgradation Thermal Power STATCOM W
Slide 8: Purpose Statement and Culture Pillars
Purpose Statement and Culture Pillars “WE TRANSFORM LIVES BY BUILDING SUSTAINABLE WORLD CLASS INFRASTRUCTURE” Execution Excellence Customer Centricity Technology & Engineering Mindset Happiness Inclusive - Empowerment Diverse & & Trust Global Mindset 7
Slide 9: Board of Directors
Board of Directors H. V. Goenka Chairman, Non Executive Director Vimal Kejriwal Anant Goenka* Arvind Singh Harsh Vardhan Shringla M.S. Unnikrishnan Managing Director Non-Executive Non Executive Non Executive Non Executive & CEO Non-Independent Director Independent Director Independent Director Indep
Slide 10: Management Team
Management Team Vimal Kejriwal Managing Director & CEO Rajeev Aggarwal Somraj Roy Ganesh Srinivasan Raman Kapil Manish Srivastava Chief Financial Officer Chief Human Resources Officer & President - President - Managing Director, Executive Director T&D Civil KEC Asian Cables Ltd. Ankur Dev Mayank Agr
Slide 11: Key Performance Highlights
2 Key Performance Highlights Chennai Metro Inauguration by Hon’ble PM & CM of Tamil Nadu10
Slide 12: Performance Snapshot – Q2 FY27
Performance Snapshot – Q2 FY27 Financial Performance • Achieved Revenues of Rs. 5,468 Cr, growth of 9% against Q1 FY27; PBT stands at Rs. 41 Cr and PAT at Rs. 30 Cr. • Performance impacted due to supply chain disruptions in the Middle East, RoW & land acquisition related challenges in India T&D and
Slide 13: Key Business Highlights – Q2 FY27
Key Business Highlights – Q2 FY27 T&D Civil Transportation • Revenues of Rs. 3,686 Cr • Revenues of Rs. 224 Cr; focus on completion • Revenues of Rs. 957 Cr, slower execution of of ongoing projects • YTD Orders of ~Rs. 9,500 Cr across India, water projects & persistent labour shortage Middle East, A
Slide 14: Management Commentary
Management Commentary We navigated a challenging operating environment during the quarter on account of continued geopolitical and supply chain disruptions in the Middle East, Right of Way (RoW) & land acquisition related challenges in India T&D and calibrated supplies of select projects amidst the
Slide 15: Financial Performance
3 Financial Performance 765 kV, GIS Substation, Karnataka14
Slide 16: Profit and Loss Summary – Consolidated
Profit and Loss Summary – Consolidated (₹ crore) Growth Growth Particulars Q2 FY27 Q2 FY26 H1 FY27 H1 FY26 (Y-o-Y) (Y-o-Y) Revenues 5,468 6,092 -10% 10,491 11,114 -6% EBITDA 271 430 -37% 562 781 -28% EBITDA Margins 5.0% 7.1% 5.4% 7.0% (+) Other Income 13 5 27 10 (-) Depreciation 53 51 104 96 (-) Int
Slide 17: Profit and Loss Summary – Standalone
Profit and Loss Summary – Standalone (₹ crore) Growth Growth Particulars Q2 FY27 Q2 FY26 H1 FY27 H1 FY26 (Y-o-Y) (Y-o-Y) Revenues 4,161 4,949 -16% 8,059 8,978 -10% EBITDA 170 308 -45% 326 504 -35% EBITDA Margins 4.1% 6.2% 4.0% 5.6% (+) Other Income 99 9 115 18 (-) Depreciation 37 36 72 68 (-) Intere
Slide 18: Businesswise Revenue Performance – Consolidated
Businesswise Revenue Performance – Consolidated (₹ crore) Growth Growth Particulars Q2 FY27 Q2 FY26 H1 FY27 H1 FY26 (Y-o-Y) (Y-o-Y) T&D: 3,686 4,080 -10% 6,903 7,236 -5% - T&D (KEC) 3,193 3,651 -13% 5,960 6,448 -8% - SAE Towers 493 429 15% 943 788 20% Non T&D: 1,900 2,159 -12% 3,925 4,149 -5% - Civi
Slide 19: Borrowings & Working Capital – Consolidated
Borrowings & Working Capital – Consolidated (₹ crore) Increase/ Increase/ Particulars 30-Sep-26 31-Mar-26 30-Sep-25 (Decrease) (Decrease) I) Net Debt 5,614 4,601 1,013 4,615 999 II) Interest Bearing Acceptances 2,179 2,121 58 1,865 313 Total (I + II) 7,793 6,722 1,071 6,480 1,312 ▪ Net Debt incl. Ac
Slide 20: Order Intake & Order Book (Consolidated) – YTD FY27
Order Intake & Order Book (Consolidated) – YTD FY27 Order Intake Order Book T&D : 56% SAE : 14% T&D: 56% SAE : 9% 8% 3% 1% 3% 5% 10% 3% Order Intake Order Book 9% Rs 13,528 Cr. 23% Rs 39,946 Cr. 65% 70% Domestic : 71% International : 29% Domestic : 58% International : 42% T&D Civil Transportation Ca
Slide 21: Business Outlook
Business Outlook TAILWINDS HEADWINDS ▪ Strong multi-year T&D investment cycle globally ▪ Geopolitical and supply-chain uncertainties in the Middle East continues ▪ Robust momentum in India T&D led by Renewable evacuation, o Logistics disruptions, elevated costs and extended lead HVDC corridors, - GE
Slide 22: Environmental, Social and Governance (ESG)
4 Environmental, Social and Governance (ESG) • Train Collision Avoidance System (TCAS) Kavach Project, Uttar Pradesh • This project plays a vital role in improving rail safety by deploying Kavach on a key high density railway corridor - Supports Indian Railways’ vision of safer and more efficient op
Slide 23: ESG & Sustainability Goals FY 2030
ESG & Sustainability Goals FY 2030 Occupational Corporate Social Sustainable Diversity & Heath & Safety Responsibility Procurement Inclusion Target: Target: Target: Target: • 70% of key suppliers to be ISO 14001 certified by FY30 Increase in diversity by 25% by Work towards the goal of Reach 3 lac C
Slide 24: Sustainability Roadmap – Key Initiatives and Approach
Sustainability Roadmap – Key Initiatives and Approach • Unconscious Biases - aimed at all employees, building awareness of what biases are, how they affect decision Diversity & making and inclusion, and how to manage them Inclusion • Efforts to strengthen representation at mid and senior levels • De
Slide 25: Thank You
THANK YOU Global Footprint in 110+ countries* *Includes EPC and Supply Follow us on: A logo of a camera Description automatically generated Registered Office RPG House, 463, Dr. Annie Besant Road, Worli, Mumbai - 400 030. Phone: +91-22-6667 0200 Email: [email protected] www.kecrpg.com