KEC International - A Steady Growth Story: Dolat Capital

Power and telecom cables manufactured by KEC International Ltd. (Source: Company website)

KEC International - A Steady Growth Story: Dolat Capital

BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.

Dolat Capital Report

KEC International Ltd. is reaping benefits from timely diversification into the non-transmission and distribution segment and well-planned expansion into new geographies, which has helped the company navigate better through uncertainties.

The company has an order backlog of Rs 191 billion (~1.5 trailing-twelve-months revenue) which provides revenue visibility over the next six quarters.

Management has guided an order inflow of Rs 150 billion in FY22E of which Rs 80-90 billion would be from T&D segment while the rest from Non-T&D segment.

To mitigate the impact of commodity price risk, the company has placed a strong emphasis on mechanisation and digitalisation initiatives.

Click on the attachment to read the full report:

Dolat Capital KEC International Company Update.pdf

DISCLAIMER

This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BloombergQuint.

Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

BQ Install

Bloomberg Quint

Add BloombergQuint App to Home screen.