KEC delivers robust revenue growth

KEC International Ltd., today announced its results for the fourth quarter (Q4 FY21) and year (FY21) ended March 31, 2021.

Consolidated Financial Performance:
Q4 FY21 v/s Q4 FY20
Revenue: Rs. 4,361 crore against Rs. 3,671 crore

EBITDA: Rs. 355 crore against Rs. 371 crore

EBITDA Margin: 8.1% against 10.1%

Interest as % to Revenue: 1.4% against 1.8%

Profit Before Tax (PBT): Rs. 266 crore against Rs. 269 crore

PBT Margin: 6.1% against 7.3%

Profit After Tax (PAT): Rs. 194 crore against Rs. 193 crore

FY21 v/s FY20
Revenue: Rs. 13,114 crore against Rs. 11,965 crore

EBITDA: Rs. 1,141 crore against Rs. 1,234 crore

EBITDA Margin: 8.7% against 10.3%

Interest at % to Revenue: 2.0% against 2.6%

Profit Before Tax (PBT): Rs. 756 crore against Rs. 790 crore

PBT Margin: 5.8% against 6.6%

Profit After Tax (PAT): Rs. 553 crore against Rs. 566 crore

Dividend:
Recommended a Dividend of Rs. 4/- per equity share i.e. 200% of face value of Rs. 2/- each for FY21 – Total Outflow of Rs. 103 crore.

Vimal Kejriwal, MD & CEO, KEC International Ltd. commented, “We are pleased that we have ended the year on a good note with a growth in revenue and order intake, amidst a challenging environment. Our Non-T&D businesses namely Railways and Civil have been the primary growth drivers for the year. Despite the significant challenges, we have been able to maintain our Profit After Tax (PAT) for the quarter at the same level of the corresponding quarter. Our focus on cash flows and working capital stands unabated, which is reflected in the significant reduction in the interest cost and debt levels during the year. Our robust order book, geographical & business portfolio diversification, and asset light model is paying off well in the current environment. With an order book and L1 pipeline of over Rs. 25,000 crore, we are confident of delivering a good growth in FY22.” CT Bureau