KEC International reported strong Q3 FY26, with consolidated revenue up 12% YoY to 6,001 Cr.

Operating PAT jumped 32% to 171 Cr, alongside an EBITDA margin of 7.2%. T&D and Cables & Conductors segments were key drivers.

The company is actively expanding, securing over 13,500 Cr in new orders, including a record 1,050 Cr T&D project in India.

Strategic moves include a new 100+ MW wind energy project, expanding its Middle East Oil & Gas presence, and significant investments in E-Beam and Elastomeric cable production set to begin by year-end.

Management highlights a robust order book + L1 exceeding 41,000 Cr and a tender pipeline over 1,80,000 Cr, especially in T&D and Civil.

They project sustained profitable growth, buoyed by international T&D, India's power sector, and renewables.

Challenges include labor issues, water project payment delays, and Transportation competition, but debt is expected to normalize by March 2026.