According to Udaipur Kiran, KEC International shares tumbled 8.89% to ₹500 following the announcement of its Q4 FY2026 results. The stock decline reflects investor concerns over the company's quarterly performance despite maintaining strong annual growth momentum. The market reaction highlights the impact of quarterly volatility on investor sentiment, even as the company demonstrates resilience in its full-year financial metrics. The scrip opened at ₹540.20 and touched a high of ₹541.55 and low of ₹498.70 during the trading session, with 190,185 shares traded on the BSE.
According to reports from Udaipur Kiran, KEC International reported a significant decline in quarterly performance for the March 2026 quarter. The company's consolidated net profit dropped 28.11% to ₹192.79 crore compared to ₹268.19 crore in the corresponding quarter of the previous year. This decline was accompanied by a sales drop of 6.86% to ₹6,419.84 crore from ₹6,892.32 crore in Q4 FY2025. The profit before tax stood at ₹257.73 crore, registering a de-growth of 24.67% from ₹342.16 crore in the same quarter a year ago. However, Udaipur Kiran reports that KEC International also reported a 53.45% jump in net profit at ₹246.57 crore for the fourth quarter ended March 31, 2026 as compared to ₹160.68 crore for the same quarter in the previous year, though this appears to be on a standalone basis.
As reported by Udaipur Kiran, the company's EBITDA stood at ₹448 crore during the quarter, down 16.88% from ₹539 crore in Q4 FY25. The EBITDA margin narrowed to 7% in Q4 FY26 from 7.8% in the corresponding quarter last year. Additionally, PBDT (Profit Before Depreciation and Tax) fell 21% to ₹308.31 crore compared to ₹388.69 crore in Q4 FY2025. The PBT (Profit Before Tax) declined 25% to ₹257.73 crore from ₹342.16 crore in the corresponding quarter of the previous year.
According to Udaipur Kiran, despite the quarterly challenges, KEC International demonstrated resilience in its full-year performance. Net profit for the full year ended March 2026 rose 6.11% to ₹605.59 crore compared to ₹570.74 crore in the previous year. The company's sales revenue increased 7.47% to ₹23,555.87 crore from ₹21,917.56 crore in FY2025. The company reported a consolidated order intake of ₹25,280 crore in FY26 and secured additional orders worth over ₹1,000 crore in FY27 till date. Its order book stood at ₹36,267 crore as on 31 March 2026, while the combined order book and L1 position exceeded ₹40,000 crore.
As reported by Business Standard, Vimal Kejriwal, MD & CEO, KEC International, commented on the results, stating that the company achieved its highest-ever revenues, profitability and order intake during the year despite challenging operating conditions. He highlighted that profitability improved considerably, with operating PBT growing by 21% and operating PAT growing by 18% YoY. The company's net debt, including acceptances, stood at ₹6,722 crore as of 31 March 2026, down ₹84 crore compared with 31 December 2025. The net working capital stood at 137 days as against 135 days in the previous quarter. The board recommended a dividend of ₹5.50 per equity share for FY26, subject to shareholders' approval at the ensuing AGM.
