Is KEC International a Good Buy After Its Q1 FY27 Results?
- September 4, 2026
- Posted by: Lakshit Sharma
- Category: Market
KEC International share price around Rs 406. 56.7% below 52-week high of Rs 938. Q1 FY27 revenue Rs 5,037 crore, up 0.2% YoY. PAT Rs 73 crore, down 41.7%. PE 20x.
Quick Answer
KEC International’s Q1 FY27 results were mixed, with revenue at Rs 5,037 crore but PAT falling 42% to Rs 73 crore. The KEC International share price near Rs 406 has not escaped this pressure, and the profit decline is the key data point investors should weigh before deciding whether KEC International is a good buy right now.
The KEC International share price has been under the spotlight this results season after the company reported its first-quarter numbers for FY27. KEC International is an RPG Group EPC company executing power transmission, railways, civil and cable projects, and its Q1 FY27 print, for the quarter ended June 30, 2026, gives investors a fresh data point to test whether the stock still deserves a place in a portfolio at current levels.
Revenue for the quarter came in at Rs 5,037 crore, up 0.2% year on year, while profit after tax came in at Rs 73 crore, down 41.7% from a year earlier. That combination of numbers is exactly what this article breaks down, along with what it means for the KEC International share price from here.
This piece works through the quarter’s financial highlights, the business factors behind the numbers, where the KEC International share price stands against its 52-week range and valuation multiples, and the key risks worth watching before treating this as a buy, hold or a stock to avoid for now.
Click Here – Get Free Investment Predictions
KEC International Q1 FY27 Financial Highlights
| Metric | Q1 FY27 | Q1 FY26 | YoY Change |
|---|---|---|---|
| Revenue | Rs 5,037 crore | Rs 5,028 crore | 0.2% |
| EBITDA | Rs 305 crore | Rs 355 crore | -14.3% |
| Operating Margin | 6.1% | 7.1% | NA |
| Profit Before Tax | Rs 90 crore | Rs 159 crore | -43.3% |
| Net Profit / (Loss) | Rs 73 crore | Rs 125 crore | -41.7% |
KEC International Q1 FY27 Performance Analysis
Check KEC International Fundamentals on Univest Screener
Revenue growth of 0.2% for the quarter came from steady demand across the company’s core business, keeping the topline trend intact for the power transmission EPC and infrastructure sector.
Profitability is where the quarter disappointed. PAT fell 42% year on year to Rs 73 crore even as revenue grew, which points to margin or cost pressure that management will need to address. This gap between top-line and bottom-line performance is the key thing weighing on the KEC International share price this quarter.
On a sequential basis, revenue moved down 21.5% sequentially from Rs 6,420 crore in the March 2026 quarter and net profit moved down 62.3% sequentially from Rs 193 crore in the prior quarter, giving a fuller picture of the trend behind the KEC International share price than the year on year comparison alone.
Key Business Factors in Q1 FY27
Revenue Trend
KEC International’s revenue grew 0.2% year on year this quarter, taking the quarterly base to Rs 5,037 crore in a power transmission EPC and infrastructure business that remains sensitive to demand and pricing cycles that ultimately feed through to the KEC International share price.
Margin Movement
EBITDA fell to Rs 305 crore from Rs 355 crore, with operating margin slipping to 6.1% from 7.1%, pointing to cost or pricing pressure that management will need to manage through the rest of FY27.
Balance Sheet Position
KEC International’s debt-to-equity ratio stands at 0.87, a level worth monitoring given the quarter’s margin trend.
Valuation Context
The stock trades at a PE of 19.5x, below the industry average of 24.4x, which is worth factoring into any read of whether the KEC International share price is expensive or reasonably priced.
Dividend Details
No interim dividend was declared alongside KEC International’s Q1 FY27 results. The stock currently carries a trailing dividend yield of 1.35%, based on dividends paid over the last year. Investors tracking the KEC International share price for income should watch the company’s announcements around its next annual results for any dividend decision.
KEC International Share Price Outlook for FY27
The key question for the rest of FY27 is whether KEC International can arrest the margin pressure seen this quarter. Revenue growth alone will not be enough to support the KEC International share price if profitability keeps slipping, so investors should watch the next couple of quarters for signs of a turnaround in the bottom line.
A stabilising or improving margin trend in the next result would be the clearest signal that this quarter’s profit decline was a temporary setback rather than the start of a longer slide for the KEC International share price.
KEC International Stock Performance
Download the Univest iOS App or Univest Android App to track KEC International’s live share price and get daily stock updates.
The KEC International share price was trading around Rs 406 as results season played out in late August 2026, roughly 56.7% below its 52-week high of Rs 938 and hovering just above its 52-week low of Rs 400. Promoter holding stood at 50.1% as of the June 2026 quarter.
The KEC International share price has likely already absorbed some of this quarter’s disappointment, but further downside is possible if the next results confirm the same trend rather than a one-off. On profitability ratios, the company reports a return on equity of 9.83% and a book value of around Rs 231 per share, both useful reference points when judging whether the current price is reasonable.
Key Risks
Profitability Risk
The quarter’s profit trend is the clearest risk here. Until KEC International shows a sustained improvement in margins or the bottom line, the stock is likely to stay volatile around results.
Leverage Risk
A debt-to-equity ratio of 0.87 means the company’s earnings are more sensitive to interest rate and refinancing conditions than a lower-debt peer.
Sector and Demand Risk
As a power transmission EPC and infrastructure business, KEC International’s results remain tied to sector-specific demand, pricing and regulatory cycles that can shift from quarter to quarter and move the KEC International share price well before the next result.
Conclusion
KEC International’s Q1 FY27 results show a business still growing its top line but losing ground on profitability, with PAT down 42% to Rs 73 crore even as revenue rose. The KEC International share price reflects a stock in wait-and-watch mode, and it is not an obvious buy purely on this quarter’s numbers until the margin trend turns around.
Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
Frequently Asked Questions on KEC International Q1 FY27 Results
What were KEC International’s Q1 FY27 results?
Ans. KEC International reported Q1 FY27 revenue of Rs 5,037 crore, up 0.2% year on year, and PAT of Rs 73 crore, down 41.7% year on year.
Is KEC International a good buy after its Q1 FY27 results?
Ans. KEC International’s profitability came under pressure this quarter, which makes this a stock to watch rather than an obvious buy purely on this result. Investors should form their own view based on their own risk appetite and time horizon.
What is the KEC International share price today?
Ans. The KEC International share price was trading around Rs 406 in late August 2026, about 56.7% below its 52-week high of Rs 938 and well above its 52-week low of Rs 400.
What is KEC International’s revenue and profit for Q1 FY27?
Ans. KEC International reported revenue of Rs 5,037 crore and a net profit of Rs 73 crore for the quarter ended June 30, 2026.
Did KEC International declare a dividend with its Q1 FY27 results?
Ans. No interim dividend was declared alongside KEC International’s Q1 FY27 results. Investors should track the company’s next annual results for any dividend announcement.
What is KEC International’s PE ratio and is it expensive?
Ans. The KEC International share price trades at a trailing PE of 19.5x, against an industry average of 24.4x. Investors should compare this with the company’s growth rate before judging value.
What are the key risks for KEC International investors right now?
Ans. The quarter’s profit trend is the clearest risk here. Until KEC International shows a sustained improvement in margins or the bottom line, the stock is likely to stay volatile around results. As a power transmission EPC and infrastructure business, KEC International’s results remain tied to sector-specific demand, pricing and regulatory cycles that can shift from quarter to quarter and move the KEC International share price well before the next result.
What is KEC International’s promoter shareholding?
Ans. Promoter holding in KEC International stood at 50.1% as of the June 2026 quarter.