KEC International
Market Cap
₹118.3b
Last Updated
2021/03/07 12:20 UTC
Data Sources
Company Financials +
Executive Summary
KEC International Limited, together with its subsidiaries, engages in the engineering, procurement, and construction (EPC) business. More Details
Rewards
Risk Analysis
Snowflake Analysis
Excellent balance sheet second-rate dividend payer.
Similar Companies
Share Price & News
How has KEC International's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 532714 is less volatile than 75% of Indian stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: 532714's weekly volatility (5%) has been stable over the past year.
Market Performance
7 Day Return
6.9%
532714
2.3%
IN Construction
3.2%
IN Market
1 Year Return
42.5%
532714
33.8%
IN Construction
40.6%
IN Market
Return vs Industry: 532714 exceeded the Indian Construction industry which returned 33.8% over the past year.
Return vs Market: 532714 exceeded the Indian Market which returned 40.6% over the past year.
Shareholder returns
| 532714 | Industry | Market | |
|---|---|---|---|
| 7 Day | 6.9% | 2.3% | 3.2% |
| 30 Day | 12.8% | 2.0% | 4.2% |
| 90 Day | 25.4% | 25.7% | 14.8% |
| 1 Year | 42.5%42.5% | 37.9%33.8% | 43.1%40.6% |
| 3 Year | 17.3%14.3% | 1.1%-3.9% | 29.1%22.5% |
| 5 Year | 308.2%292.5% | 73.2%60.9% | 93.4%78.3% |
Long-Term Price Volatility Vs. Market
How volatile is KEC International's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 years ago | Simply Wall St
KEC International Limited (BOM:532714): Can Growth Justify Its June Share Price?2 years ago | Simply Wall St
Best Growth Stock in April3 years ago | Simply Wall St
Vijaya Bank And Other Top Growth StocksValuation
Is KEC International undervalued compared to its fair value and its price relative to the market?
21.47x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: 532714 (₹460.15) is trading above our estimate of fair value (₹202.67)
Significantly Below Fair Value: 532714 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 532714 is poor value based on its PE Ratio (21.5x) compared to the IN Construction industry average (17.2x).
PE vs Market: 532714 is poor value based on its PE Ratio (21.5x) compared to the Indian market (18.5x).
Price to Earnings Growth Ratio
PEG Ratio: 532714 is poor value based on its PEG Ratio (1.4x)
Price to Book Ratio
PB vs Industry: 532714 is overvalued based on its PB Ratio (3.9x) compared to the IN Construction industry average (0.8x).
Next Steps
Future Growth
How is KEC International forecast to perform in the next 1 to 3 years based on estimates from 20 analysts?
15.0%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 532714's forecast earnings growth (15% per year) is above the savings rate (7%).
Earnings vs Market: 532714's earnings (15% per year) are forecast to grow slower than the Indian market (25.3% per year).
High Growth Earnings: 532714's earnings are forecast to grow, but not significantly.
Revenue vs Market: 532714's revenue (7.9% per year) is forecast to grow slower than the Indian market (14.5% per year).
High Growth Revenue: 532714's revenue (7.9% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 532714's Return on Equity is forecast to be low in 3 years time (16.8%).
Next Steps
Past Performance
How has KEC International performed over the past 5 years?
20.7%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 532714 has high quality earnings.
Growing Profit Margin: 532714's current net profit margins (4.4%) are lower than last year (4.7%).
Past Earnings Growth Analysis
Earnings Trend: 532714's earnings have grown significantly by 20.7% per year over the past 5 years.
Accelerating Growth: 532714's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 532714 had negative earnings growth (-2.7%) over the past year, making it difficult to compare to the Construction industry average (-28.1%).
Return on Equity
High ROE: 532714's Return on Equity (18.2%) is considered low.
Next Steps
Financial Health
How is KEC International's financial position?
Financial Position Analysis
Short Term Liabilities: 532714's short term assets (₹110.5B) exceed its short term liabilities (₹97.7B).
Long Term Liabilities: 532714's short term assets (₹110.5B) exceed its long term liabilities (₹2.7B).
Debt to Equity History and Analysis
Debt Level: 532714's debt to equity ratio (88.3%) is considered high.
Reducing Debt: 532714's debt to equity ratio has reduced from 157.7% to 88.3% over the past 5 years.
Debt Coverage: 532714's debt is well covered by operating cash flow (23.3%).
Interest Coverage: 532714's interest payments on its debt are well covered by EBIT (3.5x coverage).
Balance Sheet
Next Steps
Dividend
What is KEC International current dividend yield, its reliability and sustainability?
0.74%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 532714's dividend (0.74%) is higher than the bottom 25% of dividend payers in the Indian market (0.42%).
High Dividend: 532714's dividend (0.74%) is low compared to the top 25% of dividend payers in the Indian market (1.77%).
Stability and Growth of Payments
Stable Dividend: 532714's dividend payments have been volatile in the past 10 years.
Growing Dividend: 532714's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: Unable to calculate sustainability of dividends as 532714 has not reported any payouts.
Future Payout to Shareholders
Future Dividend Coverage: 532714's dividends in 3 years are forecast to be well covered by earnings (16.6% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
5.3yrs
Average management tenure
CEO
Vimal Kejriwal (59 yo)
5.92yrs
Tenure
₹68,100,000
Compensation
Mr. Vimal Kejriwal, B.Com., F.C.A., F.C.S., D.T.M., serves as Director at Raychem RPG (P) Ltd. Mr. Kejriwal serves as a Member of Management Board, Chief Executive of Infrastructure Sector and President of...
CEO Compensation Analysis
Compensation vs Market: Vimal's total compensation ($USD929.40K) is above average for companies of similar size in the Indian market ($USD461.88K).
Compensation vs Earnings: Vimal's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, MD & Director | 5.92yrs | ₹68.10m | 0.00034% ₹ 402.2k | |
| Chief Financial Officer | 6.5yrs | ₹33.80m | no data | |
| Company Secretary & Compliance Officer | 2.83yrs | ₹6.30m | no data | |
| Executive Director of Business Operations | no data | no data | no data | |
| Head of Legal | no data | no data | no data | |
| Chief Human Resources Officer | no data | no data | no data | |
| Chief Executive Officer of SAE Towers | 5.58yrs | no data | no data | |
| President of South Asia - Transmission & Distribution | 5.25yrs | no data | no data | |
| Chief Executive of Civil | 2.92yrs | no data | no data | |
| Chief Executive of Railways | 3.17yrs | no data | no data | |
| Executive Director of International - T&D and Solar | no data | no data | no data |
5.3yrs
Average Tenure
Experienced Management: 532714's management team is seasoned and experienced (5.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, MD & Director | 5.92yrs | ₹68.10m | 0.00034% ₹ 402.2k | |
| Non-Executive Independent Director | 8.42yrs | ₹1.80m | no data | |
| Lead Independent Director | no data | ₹1.80m | no data | |
| Chairman of the Board | 15.17yrs | ₹62.90m | 1.95% ₹ 2.3b | |
| Additional Independent Director | 1.58yrs | ₹1.00m | no data | |
| Independent Director | 15.25yrs | ₹1.90m | 0% ₹ 0 | |
| Additional Independent Director | 1.33yrs | ₹700.00k | no data | |
| Independent Director | 15.17yrs | ₹1.40m | no data | |
| Independent Director | 15.17yrs | ₹1.40m | no data | |
| Independent Director | 6.42yrs | ₹1.30m | no data |
8.4yrs
Average Tenure
70.5yo
Average Age
Experienced Board: 532714's board of directors are considered experienced (8.4 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
KEC International Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: KEC International Limited
- Ticker: 532714
- Exchange: BSE
- Founded: 1945
- Industry: Construction and Engineering
- Sector: Capital Goods
- Market Cap: ₹118.299b
- Shares outstanding: 257.09m
- Website: https://www.kecrpg.com
Number of Employees
Location
- KEC International Limited
- RPG House
- 463, Dr. Annie Besant Road
- Mumbai
- Maharashtra
- 400030
- India
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| 532714 | BSE (Mumbai Stock Exchange) | Yes | Equity Shares | IN | INR | Mar 2006 |
| KEC | NSEI (National Stock Exchange of India) | Yes | Equity Shares | IN | INR | Mar 2006 |
Biography
KEC International Limited, together with its subsidiaries, engages in the engineering, procurement, and construction (EPC) business. It designs, manufactures, tests, supplies, and erects transmission lines...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/03/07 12:20 |
| End of Day Share Price | 2021/03/05 00:00 |
| Earnings | 2020/12/31 |
| Annual Earnings | 2020/03/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.