1. Is KEC International Ltd a good quality company?
Past 10 year's financial track record analysis by Moneyworks4me indicates that KEC International Ltd is a average quality company.
2. Is KEC International Ltd undervalued or overvalued?
The key valuation ratios of KEC International Ltd's currently when compared to its past seem to suggest it is in the Fair zone.
3. Is KEC International Ltd a good buy now?
The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of KEC International Ltd is likely to Rise-somewhat in the short term. However, please check the rating on Quality and Valuation before investing.
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.
Value Creation ⓘ
Value Creation Index Colour Code Guide ⓘ
|ROCE % ⓘ||10.4%||14.2%||10.8%||13%||14.7%||19.6%||17.1%||15.8%||16.8%||11.1%||-|
|Value Creation Index ⓘ||-0.3||0.0||-0.2||-0.1||0.1||0.5||0.3||0.2||0.2||-0.2||-|
Growth Parameters ⓘ
Growth Parameters Colour Code Guide ⓘ
|YoY Gr. Rt. %||-||17.3%||0.5%||16.7%||-1.6%||19.4%||12%||3.5%||13.2%||6.1%||-|
|Adj EPS ⓘ||1.4||4.4||2.2||7.9||12.4||17.2||14.8||17.9||24.5||15.3||16.8|
|YoY Gr. Rt. %||-||212.1%||-49.7%||260.9%||56.7%||38.1%||-13.6%||20.8%||36.9%||-37.5%||-|
|BVPS (₹) ⓘ||38||40.2||43.2||53.8||64.4||79.3||97||110.4||136.9||150||153.9|
|Adj Net Profit ⓘ||36||112||56.6||204||320||442||381||461||631||394||431|
|Cash Flow from Ops. ⓘ||-151||-26.8||62.7||-37.3||1,545||774||171||120||833||104||-|
|Debt/CF from Ops. ⓘ||-7.3||-53||24.6||-68.7||1||1.7||9.2||18.2||2.1||23.5||-|
CAGR Colour Code Guide ⓘ
|9 Years||5 Years||3 Years||1 Years|
|Adj EPS ⓘ||30.5%||4.3%||1.1%||-37.5%|
Key Financial Parameters ⓘ
Performance Ratio Colour Code Guide ⓘ
|Return on Equity % ⓘ||3.7||11.2||5.3||16.4||21.1||23.9||16.8||17.3||19.8||10.7||11|
|Op. Profit Mgn % ⓘ||5.8||7||6.8||9.9||10.8||11||9.7||10.4||11||9.1||8.7|
|Net Profit Mgn % ⓘ||0.6||1.7||0.9||2.7||4.2||4.9||3.8||4.4||5.3||3.1||3.3|
|Debt to Equity ⓘ||1.1||1.4||1.4||1.9||0.9||0.7||0.6||0.8||0.5||0.6||-|
|Working Cap Days ⓘ||251||252||279||286||325||304||327||354||345||362||0|
|Cash Conv. Cycle ⓘ||24||16||15||57||95||87||70||50||38||25||0|
Debt to equity has declined versus last 3 years average to 0.63
Return on Equity has declined versus last 3 years average to 11.00%
Sales growth has been subdued in last 3 years 7.51%
Net Profit has been subdued in last 3 years 1.09%
Sales growth is not so good in last 4 quarters at 8.48%
|TTM EPS (₹)||16.8||12.3|
|TTM Sales (₹ Cr.)||13,084||14,520|
|BVPS (₹.) ⓘ||153.9||142|
|Reserves (₹ Cr.) ⓘ||3,904||3,600|
|From the Market|
|52 Week Low / High (₹)||345.15 / 550.00|
|All Time Low / High (₹)||21.73 / 550.00|
|Market Cap (₹ Cr.)||11,380|
|Equity (₹ Cr.)||51.4|
|Face Value (₹)||2|
|Industry PE ⓘ||26.1|
KEC International Limited, headquartered in Mumbai, India, is the flagship company of the RPG Group. An Engineering, Procurement, and Construction (EPC) major, the company deliver projects in key infrastructure sectors such as Power Transmission & Distribution, Railways, Civil, Urban Infrastructure, Solar, Smart Infrastructure, and Cables. Its robust and integrated capabilities span the entire spectrum of ‘concept to commissioning’. It has successfully executed complex projects across some of the world’s most difficult terrains and conditions aided by robust project management and execution capabilities. It has unrivalled expertise in manufacturing and testing, with a footprint extending across India, Dubai, Brazil, and Mexico.
The company has prided itself for its unmatched expertise across EPC, backed by a strong, customer-centric approach, quest for world-class quality, and ‘safety-first’ attitude. Integrity in its actions and respect for people, environment and its stakeholders are the cornerstones of its corporate responsibility. Empowered by a mindset driven to outperform and excel, it builds infrastructure for the world of tomorrow.
Business area of the company
Power Transmission & Distribution: The company is a global leader in the Power Transmission & Distribution EPC space. This is the largest business vertical of the company. The company has capabilities to design, manufacture, test, supply and erect transmission lines on turnkey basis, along with end-to-end solutions for underground HT and EHV cabling works. The company also executes turnkey EPC projects that involve High Voltage Electrical Switching and Distribution Substations across the globe.
Cables: The company is one of the leading manufacturers of power and telecom cables in India. It has two state-of-the-art manufacturing facilities located in Vadodara (Gujarat) and Mysore (Karnataka). It pioneered the production of XLPE cables in India. It has a diverse clientele across industries including power, oil & gas, steel, engineering, electricity supply, etc. The company is also amongst the leading Indian exporters of cables. The company is well equipped with testing facilities as per various national and international specifications.
Railways: The company is an integrated player in the Railway EPC industry, providing complete turnkey solutions for all types of railway contracts. The company has integrated backwards to manufacture contact & catenary conductors, signalling cables as well as galvanised steel structures for railways.
Solar: In line with the government’s increased focus on Renewable Energy sector, the company has made a move to carve out its presence in the sector by providing Solar EPC services for large solar PV projects developed by private players and roof-top PV solutions for Industrial and Commercial consumer.
Civil business: The company’s Civil business focuses on the construction of factories, warehouses, residential buildings, railway stations, metros, and sewage & water treatment plants, and comprises of four verticals - A. Infrastructure & Heavy Civil (Metro & Water Projects), B. Industrial & Hydrocarbon (Factories), C. Residential & Public Spaces (Buildings, Commercial Spaces), D. Defence (Civil projects in Defence sector). It provides professional EPC services in an area dominated either by small unorganised players or by very few large companies.
Smart Infrastructure: RPG Smart Infra, a division of KEC International, helps Cities with implementation & commissioning of these technologies along with operating & maintaining them, and training the City administrators to manage the infrastructure. KEC brings in decades of experience in projects across utilities, railways, solar and civil infrastructure along with its strong financial fundamentals and an appetite to take on large scale projects.
Awards & Recognition