KEC International Q3 Review - Growth Prospects Remain Good: Dolat Capital
Electricity pylons and electrical power lines against a blue sky in Australia. (Photographer Carla Gottgens/Bloomberg)

KEC International Q3 Review - Growth Prospects Remain Good: 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. has reported Q3 revenue, Ebitda and profit after tax in line with estimates, with supply chain and labor levels back to normal.

Order inflow for year-to-date FY21 was Rs 68.3 billion, with 52% domestic orders. Order book is at Rs 179 billion, and Rs 240 billion if current level-one orders are included.

The overall tender pipeline is strong with revised GEC bids in transmission and distribution, and railway tendering having restarted, the company has quoted for orders of Rs 300 billion where bids will be opened in the next two to three months.

Click on the attachment to read the full report:

Dolat Capital KEC International Q3FY21 Result Update.pdf


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