Pipeline remains strong

Company
10 Jun 2024
5 Min read 
  • KEC International is a capital goods company in the BSE SENSEX.
  •  The company's annual analyst meet highlighted a strong addressable market for T&D and improving opportunities for the civil segment.
  •  KECI's domestic T&D business witnessed exponential growth in the order book, from INR30b in FY22 to INR100b in FY24.
  •  The civil segment has been growing at a robust pace over the past few years.
  •  The company is focusing on working capital reduction and adding capabilities to capture opportunities.
  •  KECI is expected to see a gradual margin expansion and improved return ratios.
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