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K E C International Ltd.

BSE: 532714 Sector: Infrastructure
NSE: KEC ISIN Code: INE389H01022
BSE LIVE 15:54 | 21 Aug 297.05 2.05
(0.69%)
OPEN

295.40

HIGH

302.00

LOW

295.00

NSE 15:54 | 21 Aug 297.45 2.80
(0.95%)
OPEN

294.90

HIGH

302.50

LOW

294.35

OPEN 295.40
PREVIOUS CLOSE 295.00
VOLUME 45948
52-Week high 318.00
52-Week low 111.20
P/E 24.23
Mkt Cap.(Rs cr) 7,637
Buy Price 0.00
Buy Qty 0.00
Sell Price 297.05
Sell Qty 518.00
OPEN 295.40
CLOSE 295.00
VOLUME 45948
52-Week high 318.00
52-Week low 111.20
P/E 24.23
Mkt Cap.(Rs cr) 7,637
Buy Price 0.00
Buy Qty 0.00
Sell Price 297.05
Sell Qty 518.00

K E C International Ltd. (KEC) - Company History

KEC International Limited is one of the largest Power Transmission Engineering-Procurement-Construction (EPC) companies in the world, which was incorporated in 18th March of the year 2005. The flagship company in the transmission sector of the RPG Group, KEC strengths its presence in the areas of Design, Manufacture, Supply and Construction of Turnkey Projects of Power Transmission lines of voltages upto 800 KV and in the execution of Railway Electrification projects, setting up Sub-stations and Power Distribution Networks, Optical Fibre Cable (OPGW) installations, Turnkey Telecom Infrastructure Services and maintenance of Power Transmission Lines. The Company has an increasingly strong presence in the Middle East, the Pacific Rim countries and Africa. The heart of any manufacturing facility is its infrastructure. KEC has three manufacturing plants at Jaipur, Nagpur and Jabalpur in India. In these three plants, KEC can manufacture 1, 10,000 tons of towers annually, both the three plants are certified as per ISO 9001 and 14001 for Quality and Environmental Standards. Also KEC has two of Asia's most sophisticated Tower Testing stations, capable of testing towers of upto 1000 KV Transmission Line. With global operations spanning over 20 countries, the company is present in India, UAE, Libya, Ghana, Algeria, Afghanistan, Nigeria, Kazakhstan, Mali, Oman, South Africa, Kenya and Ethiopia among several other countries. The Company forayed into distribution market in the year 2005 itself and bagged noteworthy electrification projects across the globe. The Company had secured new orders worth Rs339 crore from Afghanistan and Ethiopia in December of the year 2005. During May of the year 2006, KEC had entered into the North American market with a joint venture with US-based Power Engineers Inc. KEC Power Inc. (KPI) the new company formed in the US is a 50:50 joint venture, based in the state of Idaho. The Company had bagged a major Rs. 380 crore worth of order in Kazakhstan during May of the year 2007. The Scheme of Arrangement between KEC, RPG Transmission (RPGT) & National Information Technologies Limited (NITEL) and MP Power Line Limited, now called Octav Investments Ltd., became effective from 1st October of the year 2007. During the year 2007-08, the company completed 21 projects in the South Asian markets and 15 projects in International markets. In the same year, RPG Transmission Nigeria Limited, the subsidiary company of the erstwhile RPG Transmission Limited at Nigeria became the subsidiary of the company. As at February 2008, KEC had received the Amity Corporate Excellence award at the International Business Summit and Research Conference. A joint venture company named `KEC Power India Private Limited' with M/s. Power Holdings Inc., USA as a joint venture partner was incorporated in the state of Maharashtra in the month of March 2008 to provide services like conceptualizing, designing, developing power transmission and distribution lines, sub-stations and all types of power generating projects. The Company bagged two orders worth of Rs. 124 crores from NTPC Electric Supply Company Ltd. (NESCL) and Rs. 55 Crores from Power Grid Corporation of India Limited (PGCIL) in September of the year 2008. In the year 2009, the company executed several major transmission line projects as well as distribution, substation, railway electrification and telecom projects, besides entering new regions. The company entered three new geographies, mali, Tajikistan and Australia in short time. The company won the largest ever international order in its history valued at approximately Rs 636 Crores from Egypt.In the year 2010, the scheme of amalgamation for merger of the RPG cables Limited with the company. The company has set up a training centre at Butibori with facility of residental and non residental training. The company obtained orders from new markets like Cameroon and Peru, thereby widening its global presence and made a successfully re-entry in Kuwait. large orders secured from Algeria mali, Abu Dhabi,Kuwait and Oman.In the year 2011, the company entered into the 400 KV sub-station segment and secured two orders worth Rs. 130 crore from PGCIL. The company acquired Jay Railway Signating Priviate Limited which shall help us in building pre-qualification for the signating projects.The company diversified into the water Resource Management business Vertical during the current financial year to leverage expertise in project management and EPC infrastructure space.In the year 2012, Net Sales increased by 16.12% to Rs.4,604.33 crore in this year and Net Profit Increased by 23.62% to Rs. 181.84 Crore.Transmission business entered into DR Congo by securing order of Rs.213 Crore.The company has gradually ventured into New business- power systems, cables, railways and water. It's order book from these business incerased from Rs 1173 Crore in FY10 to Rs 2343 crore in FY12.