Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.
Financials of KEC International Ltd
Quarter-by-quarter operating performance
| Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 4,961 | 3,701 | 3,982 | 4,398 | 5,302 | 3,888 | 4,484 | 4,758 | 6,048 | 4,030 | 4,949 | 4,808 | 5,260 |
| Expenses + | 4,755 | 3,532 | 3,798 | 4,187 | 5,018 | 3,715 | 4,254 | 4,477 | 5,696 | 3,833 | 4,641 | 4,532 | 4,987 |
| Operating Profit | 206 | 169 | 184 | 211 | 284 | 174 | 230 | 281 | 352 | 197 | 308 | 276 | 273 |
| OPM % | 4% | 5% | 5% | 5% | 5% | 4% | 5% | 6% | 6% | 5% | 6% | 6% | 5% |
| Other Income + | 8 | 4 | 17 | 29 | 12 | 44 | 33 | 4 | 28 | 9 | 9 | -40 | 200 |
| Interest | 135 | 135 | 155 | 146 | 136 | 137 | 152 | 154 | 139 | 123 | 146 | 148 | 142 |
| Depreciation | 32 | 33 | 37 | 38 | 39 | 38 | 37 | 37 | 34 | 32 | 36 | 36 | 36 |
| Profit before tax | 47 | 5 | 9 | 56 | 121 | 43 | 74 | 93 | 208 | 50 | 135 | 52 | 295 |
| Tax % | 37% | 31% | 28% | 21% | 23% | 25% | 21% | 22% | 23% | 26% | 22% | 24% | 16% |
| Net Profit + | 29 | 4 | 7 | 44 | 93 | 32 | 58 | 73 | 161 | 37 | 106 | 39 | 247 |
| EPS in Rs | 1.14 | 0.15 | 0.26 | 1.71 | 3.61 | 1.25 | 2.18 | 2.74 | 6.04 | 1.38 | 3.97 | 1.46 | 9.26 |
Financials of KEC International Ltd
Annual income statement trend
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 6,592 | 7,690 | 7,566 | 9,037 | 10,118 | 10,471 | 11,852 | 12,573 | 15,413 | 17,383 | 19,178 | 19,047 |
| Expenses + | 6,204 | 6,924 | 6,764 | 8,043 | 8,949 | 9,252 | 10,527 | 11,354 | 14,457 | 16,407 | 17,980 | 17,993 |
| Operating Profit | 389 | 767 | 802 | 995 | 1,169 | 1,218 | 1,324 | 1,219 | 956 | 976 | 1,198 | 1,054 |
| OPM % | 6% | 10% | 11% | 11% | 12% | 12% | 11% | 10% | 6% | 6% | 6% | 6% |
| Other Income + | 177 | 12 | 22 | 21 | 38 | 13 | 27 | -125 | -40 | 60 | 104 | 178 |
| Interest | 313 | 322 | 285 | 279 | 366 | 369 | 333 | 359 | 539 | 699 | 739 | 560 |
| Depreciation | 70 | 118 | 115 | 95 | 106 | 118 | 122 | 123 | 127 | 146 | 146 | 140 |
| Profit before tax | 182 | 339 | 424 | 641 | 735 | 745 | 897 | 613 | 250 | 192 | 418 | 531 |
| Tax % | 39% | 42% | 33% | 33% | 32% | 27% | 28% | 29% | 28% | 23% | 23% | 19% |
| Net Profit + | 111 | 195 | 282 | 430 | 498 | 546 | 646 | 434 | 180 | 148 | 324 | 428 |
| EPS in Rs | 4.31 | 7.60 | 10.96 | 16.73 | 19.36 | 21.23 | 25.13 | 16.90 | 7.01 | 5.74 | 12.17 | 16.08 |
| Dividend Payout % | 21% | 13% | 15% | 14% | 14% | 16% | 16% | 24% | 43% | 70% | 45% | 34% |
Financials of KEC International Ltd
Capital structure and asset base
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 51 | 51 | 51 | 51 | 51 | 51 | 51 | 51 | 51 | 51 | 53 | 53 |
| Reserves | 1,059 | 1,331 | 1,604 | 1,987 | 2,443 | 2,787 | 3,468 | 3,804 | 3,912 | 4,024 | 5,044 | 5,453 |
| Borrowings + | 1,542 | 2,564 | 1,465 | 1,334 | 1,577 | 2,200 | 1,785 | 2,483 | 2,754 | 3,281 | 3,295 | 4,631 |
| Other Liabilities + | 3,493 | 4,043 | 4,569 | 6,362 | 7,028 | 7,082 | 8,142 | 8,843 | 9,295 | 10,159 | 11,412 | 11,970 |
| Total Liabilities | 6,145 | 7,989 | 7,690 | 9,735 | 11,100 | 12,120 | 13,446 | 15,182 | 16,013 | 17,515 | 19,805 | 22,107 |
| Fixed Assets + | 724 | 757 | 712 | 686 | 728 | 757 | 709 | 767 | 779 | 833 | 647 | 684 |
| CWIP | 12 | 7 | 4 | 71 | 5 | 9 | 18 | 2 | 8 | 7 | 13 | 11 |
| Investments | 7 | 81 | 122 | 318 | 436 | 616 | 807 | 964 | 1,076 | 1,159 | 1,257 | 1,423 |
| Other Assets + | 5,402 | 7,145 | 6,851 | 8,660 | 9,931 | 10,739 | 11,913 | 13,449 | 14,149 | 15,516 | 17,889 | 19,989 |
| Total Assets | 6,145 | 7,989 | 7,690 | 9,735 | 11,100 | 12,120 | 13,446 | 15,182 | 16,013 | 17,515 | 19,805 | 22,107 |
Financials of KEC International Ltd
Operating, investing and financing cash movement
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity + | 63 | -37 | 1,545 | 774 | 171 | 120 | 833 | 104 | 576 | 335 | 245 | -675 |
| Cash from Investing Activity + | 127 | -103 | -153 | -347 | -93 | -286 | -186 | -373 | -301 | -266 | -14 | -86 |
| Cash from Financing Activity + | -154 | 36 | -1,327 | -374 | -108 | 105 | -600 | 293 | -309 | -95 | 151 | 565 |
| Net Cash Flow | 36 | -105 | 65 | 53 | -30 | -61 | 48 | 23 | -34 | -26 | 382 | -196 |
| Free Cash Flow | 190 | -45 | 1,487 | 641 | 86 | 7 | 762 | -6 | 439 | 132 | 103 | -785 |
| CFO/OP | 47% | 11% | 203% | 99% | 38% | 37% | 79% | 29% | 80% | 56% | 5% | -64% |
Financials of KEC International Ltd
Working capital efficiency and return ratios
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 179 | 208 | 190 | 195 | 171 | 182 | 161 | 137 | 93 | 79 | 80 | 107 |
| Inventory Days | 38 | 25 | 27 | 35 | 35 | 46 | 51 | 49 | 45 | 44 | 25 | 33 |
| Days Payable | 295 | 264 | 301 | 352 | 342 | 367 | 440 | 435 | 462 | 429 | 381 | 350 |
| Cash Conversion Cycle | -78 | -30 | -84 | -122 | -136 | -139 | -228 | -249 | -323 | -306 | -276 | -210 |
| Working Capital Days | 4 | 13 | 35 | 41 | 47 | 42 | 92 | 38 | 31 | 22 | 40 | 55 |
| ROCE % | 14% | 20% | 20% | 28% | 30% | 24% | 24% | 19% | 13% | 13% | 15% | 11% |