Riding High On Order Inflows

New order wins and successful execution of order books – these two components form the very cornerstone of any infra company. Taking into consideration, both the factors – KEC International (KEC) seems to be on the right track. The global engineering, procurement and construction (EPC) major is currently executing multiple projects spanning across 30 countries. During the first quarter (Q1) of financial year (FY) 2020, KEC secured new business deals worth Rs1,115 crore across various verticals including Transmission & Distribution (T&D), Cables, Railways and Water & Renewables. As of June 30, 2019, the company’s order book stood at Rs19,016 crore, registering a growth of 5 per cent year-on-year (Y-O-Y). KEC is further expected to see order inflows from neighbouring countries like Nepal, Afghanistan and Bangladesh. Apart from that, the company is expecting...