KEC International Ltd - 532714 - Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate
Please find enclosed herewith intimation of the loss of share certificate as received by us from Link Intime India Private Limited, our Registrar and Transfer Agents, being submitted to you pursuant to Regulation 39(3) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. KEC arm acquires automated transmission tower manufacturing facility in Dubai
KEC International, through its wholly-owned subsidiary KEC Towers LLC, has acquired an automated transmission tower manufacturing facility for 100 cr KEC International Ltd - 532714 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
We wish to inform you that KEC International Limited, through its wholly owned subsidiary, KEC Towers LLC, Dubai, has acquired a transmission tower manufacturing facility with an installed capacity of 50000 MT situated in mainland Dubai, United Arab Emirates. A Press Release in this regard is enclosed herewith. KEC International Ltd - 532714 - Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate
Please find enclosed herewith intimation of the loss of share certificate as received by us from Link Intime India Private Limited, our Registrar and Transfer Agents, being submitted to you pursuant to Regulation 39(3) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. KEC INTERNATIONAL LTD. - 532714 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
Pursuant to the Regulation 30 read with Para A of Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the details of the Analyst/ Institutional Investors meet to be attended by the Company are given below: Date Organizers Location February 18, 2020 Antique Group Mumbai February 20, 2020 HDFC Securities Ltd. Mumbai KEC International Ltd - 532714 - Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate
Please find enclosed herewith intimation of issuance of duplicate share certificate as received by us from Link Intime India Private Limited, our Registrar and Transfer Agents, being submitted to you pursuant to Regulation 39(3) of the SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015. KEC International Ltd - 532714 - Announcement under Regulation 30 (LODR)-Acquisition
We wish to inform that the Company has today entered into a Share Purchase Agreement with KEC Global Mauritius, its wholly owned subsidiary ('KEC Global'), to acquire 100% shares of step down subsidiary KEC International (Malaysia) Sdn. Bhd. a subsidiary of KEC Global.
Buy KEC International; target of Rs 397: Prabhudas Lilladher
Prabhudas Lilladher is bullish on KEC International has recommended buy rating on the stock with a target price of Rs 397 in its research report dated February 07, 2020.
Buy KEC International; target of Rs 420: Dolat Capital
Dolat Capital is bullish on KEC International has recommended buy rating on the stock with a target price of Rs 420 in its research report dated February 07, 2019. Earnings Call Transcript - Q3FY20 for KEC
Earnings Call Transcript of Discussion between Management and Analysts on Q3FY20 Performance Opening Remarks Revenues for the quarter at Rs.3073 crore have grown by around 16% vis-à-vis Q3 FY19. With an EBITDA of 319 crore and a margin of 10.4%. PBT has grown at 19% Y-o-Y with PBT margins improving from 6.4% to 6.6%. With improvement in interest cost in absolute terms as well as a percentage to sales. PAT has grown by 29% Y-o-Y with PAT margin improving to 4.7% vis-à-vis 4.2%. We are declared an interim dividend of 170% of the face value at Rs.3.40 per share on a face value of Rs.2, a total outflow of around 105 crore including dividend distribution tax. Y-T-D order inflows have touched Rs.9820 crore, our order book as on 31st December is at 22,011 crore with an L1 position of around 2500 crore. The L1 is majorly from T&D; business. T&D; revenues including SAE continue growth traction at 21.5%, majorly backed by the International and SAE Brazil EPC execution. T&D; tendering pipeline especially power grid continues to be under pressure. However, we are witnessing a resurgence in the Middle East tendering activity. Railways continue to grow with a revenue of +600 crore for the quarter. We are on track for a fully railway revenues of around 2700 crore. At the exit of this year we expect the railways margins to improve to double digit with the new inflows from overhead electrification as well as composite and ROB, RUB jobs. We have the railway order book at 6860 crore now. Our civil business has not grown as anticipated and faced headwinds on account of generally prevailing muted industrial CAPEX cycle in India and challenges faced by the reality sector. However, we have now seen some flow of orders in industrial and real estate sectors recently. Defense segment is also picking up momentum. Civil order book has now scaled up significantly to +2400 crore with Delhi Metro and Kochi Metro orders. Execution of Delhi and Kochi Metros has commenced and is progressing well. Significant revenue contribution from the metro projects is expected from the next year start and maybe some part in this quarter also. Cable business has witnessed revenue slowdown due to lower order intake and impact of commodity prices. Execution of existing order book for both solar and smart infra is on track. We have a few L1 positions in solar and smart infra businesses respectively. Total borrowings plus interest bearing acceptances have reduced significantly by Rs.684 crore over 31st December 2018. Despite a 16% revenue growth on account of important NWC based. This has enabled a reduction in interest cost for Q3 FY20 in absolute terms of approximately 5%, interest as a percentage to sales has reduced from 3.2% to 2.6% in this quarter. Saudi receivable position has normalized with no overdue position as on date. We have received approximately 680 crore from Saudi till date. Click pdf to read full transcript