KEC International to double civil business revenue to Rs 2,000 cr in FY22

With strong revenue visibility in the civil segment, the company has also been investing Rs 70-80 crore since last year as capex.

With strong visibility for metro projects and government spending, KEC International is looking to double its civil business segment to Rs 2,000 crore in FY22.

“We have six metro projects with us along with large water pipeline projects and construction orders from airports, oil&gas and data centers sections which assures us of doubling of topline this fiscal,” Vimal Kejriwal, managing director and chief executive officer of KEC International told Business Standard.

Of the top three revenue streams of KEC International, its civil business is the third-largest contributor after transmission and distribution (T&D) and railways.

In the company’s recent earnings conference