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Order Wins · Engineering - Construction · Mid cap

KEC International lands ₹1,754 cr order, including largest-ever US tower deal

The orders span transmission towers in the Americas and cables contracts, pushing FY27 intake past ₹4,000 cr. Repeat orders signal growing momentum in key markets.

2 earlier stories on KEC International Ltd.
Mkt cap₹14,059 cr
P/E23.22×
ROE10.67%
Debt / eq.0.69
Div yld1.03%
₹1,754 crore about 7.5% of FY26 revenue

What's new

  • KEC secured ₹1,754 cr in new orders across T&D and cables, including its largest US tower supply contract.
  • The orders are repeat business from customers in the Americas, reflecting deepening market momentum.
  • FY27 order intake now exceeds ₹4,000 cr, adding to the ₹1,303 cr order announced in May.

Why this matters

The scale (7.5% of revenue) and strategic geography of these orders stand out, especially after a trailing revenue decline of 7%. Repeat orders from the Americas reduce execution risk and could help reverse the weak trailing performance, where PAT fell 28%. The largest-ever US tower order reinforces KEC's positioning in a key market.

What we're watching

  • Execution timeline and revenue contribution from the US contract.
  • Whether further orders emerge in the coming quarters, especially from the Americas.
  • Impact on FY27 revenue guidance and margin trajectory given the scale.

The full read

KEC International has bagged ₹1,754 crore of new orders, its biggest ever tower supply contract from the USA. The repeat orders from Americas customers push FY27 order intake past ₹4,000 crore, building on the ₹1,303 crore won in May. The scale equals about 7.5% of FY26 revenue, well above the standard high-importance threshold. That matters because KEC's trailing numbers are weak: revenue down 7%, PAT down 28%. These wins de-risk the pipeline. The outlook is the best it has been all year.

Questions answered

How do these orders compare to KEC's previous wins?
The ₹1,754 cr order includes KEC's largest-ever tower supply contract from the USA. It follows a ₹1,303 cr order announced in May 2026, bringing FY27 intake to over ₹4,000 cr.
What is the revenue impact of these orders?
The orders represent approximately 7.5% of FY26 revenue, well above the 7% threshold for a high-importance contract win.
Why are repeat orders from the Americas significant?
Repeat orders signal deepening customer relationships and growing momentum in the Americas transmission market, a strategic region for KEC.
How does this affect KEC's financial outlook?
These orders could reverse the trailing 7% revenue decline and 28% PAT drop, but execution and margins remain key. The scale of the wins is a positive catalyst for earnings estimates.
Mentioned: ₹1,754 cr order · largest US tower contract · Americas market
Primary source BSE · NSE · Tijori

An independent reading of the company's own disclosure — the primary filing above is the final word.

Company snapshot

KEC International Ltd.

Infrastructure
₹13,597 cr
P/E 22.45×

Latest quarter · Mar 2026

Sales₹6,390 cr
Net profit₹193 cr
Op. margin+7.0%
EPS₹7.24

Strength & growth

Debt / equity0.69×
Current ratio1.19×
Sales CAGR+10.6%
EPS CAGR+14.8%
Financials via Tijori — a research aid, not investment advice.KEC on Tijori

Story so far

All notes on KEC →
  1. 29 Jun 2026 · 10:03 PM IST KEC International lands ₹1,754 cr order, including largest-ever US tower deal
  2. 3d ago KEC puts $35M guarantee behind subsidiary's credit line
  3. 41d ago KEC International lands ₹1,303 crore in new orders