KEC International Declares ₹5.50 Final Dividend for FY25 | Ex-Date: 25 July 2025

KEC International Ltd., a global infrastructure engineering, procurement and construction (EPC) major and a flagship company of the RPG Group, has declared a final dividend of ₹5.50 per equity share for the financial year 2024-25. The dividend, which awaits shareholder approval at the company’s upcoming Annual General Meeting (AGM), comes with an Ex-Date of July 25, 2025, and a record date on the same day.

This announcement comes after a strong fiscal performance in FY25 and underlines the company’s commitment to shareholder value, despite ongoing macroeconomic challenges and capex-heavy operations across multiple global verticals.

🏢 About KEC International

KEC International Limited, part of the RPG Group, is one of the leading EPC companies in the world with presence in over 100 countries. The company operates across major verticals such as:

• Power Transmission & Distribution (T&D)

• Railways

• Civil Infrastructure

• Urban Transport

• Cables

• Solar

• Oil & Gas Pipelines

• Data Centers

With a solid project execution history, diversified order book, and a strong global footprint, KEC continues to be a key player in India’s infrastructure development narrative.

💰 Dividend Snapshot

The dividend will be paid on or before September 4, 2025, subject to shareholder approval at the AGM.

📈 Dividend Yield & Past Trends

As of July 22, 2025, the share price of KEC International is hovering around ₹867.90. Based on the declared dividend:

• Dividend Yield = (₹5.50 / ₹760) × 100 ≈ 0.72%

Although modest in terms of yield, the payout reaffirms the company’s consistent dividend-paying history. In FY24, KEC paid a dividend of ₹4 per share, and the upward revision to ₹5.50 indicates improved financial stability and shareholder focus.

📊 Recent Financial Performance

KEC reported robust numbers for FY25:

• Revenue: ₹21,940 crore (YoY growth of 13%)

• EBITDA: ₹1,546 crore (YoY growth of 17%)

• Net Profit: ₹657 crore (up from ₹512 crore in FY24)

• Order Book: ₹38,000+ crore, diversified across international and domestic projects

The Civil and Railways segments have been strong growth drivers, along with steady momentum in Power T&D and cables. The company is also capitalizing on India’s infra push, urbanization trends, and global EPC opportunities.

🌐 Strategic Outlook

KEC continues to pivot toward high-margin sectors like Civil and Data Centers. It has also entered high-growth segments such as Oil & Gas pipelines and urban mobility, which are expected to gain traction by FY26. Some notable developments:

• Awarded metro and regional rapid transit projects in key urban centers

• Expanding presence in North America, SAARC, and Middle East regions

• Investment in automation, digitalization, and green practices across project execution

Management is optimistic about FY26, projecting double-digit revenue growth and sustained improvement in operating margins.

🏦 Shareholding Pattern (As of June 2025)

The stable promoter holding and increasing DII interest underline institutional confidence in the company’s business model and execution capabilities.

📌 Why This Dividend Matters

✅ Investor Confidence Boost: A higher-than-usual final dividend reflects the management’s confidence in future earnings and free cash flow stability.

✅ Reward to Long-term Investors: This dividend rewards patient shareholders who have seen strong capital appreciation over the past 3 years.

✅ Healthy Financials: Despite capital-intensive project execution, the company maintains a prudent dividend policy, reflecting a disciplined capital allocation approach.

✅ Market Signal: Positive signal to markets about the company’s long-term growth prospects, particularly in core and emerging EPC segments.

📉 Market Impact & Stock Outlook

📊 Stock Price Movement:

As of July 22, 2025:

• Last traded price: ₹867.90

• 1-Month Return: +6.8%

• 1-Year Return: +32%

• 5-Year CAGR: 22%

The dividend news has been taken positively by investors. Analysts expect the stock to stay bullish in the medium term owing to:

• Strong execution in civil and railway projects

• Expanding international order inflow

• Focus on working capital efficiency

Several brokerages have maintained a “Buy” rating with target prices ranging from ₹820 to ₹860.

✍️ How Retail Investors Can Benefit

• Dividend Income: Secure additional passive income through dividend investing.

• Compounding: Reinvesting dividends can enhance overall portfolio returns.

• Strong Fundamentals: A fundamentally strong EPC stock with consistent dividend history offers a balanced mix of growth and stability.

• Infra Thematic Play: Exposure to India’s long-term infrastructure story via a well-established player.

🏁 Final Take

KEC International’s ₹5.50 final dividend is a testimony to its solid performance and optimistic outlook. The dividend not only rewards existing shareholders but also strengthens the company’s investor-friendly image. With a well-diversified portfolio, expanding global presence, and growing order book, KEC is strongly positioned for sustained growth in FY26 and beyond.

📉 Stock Market Disclaimer

Disclaimer: This post is for informational and educational purposes only and does not constitute financial advice or a recommendation to buy/sell any stock or share. Investing in the stock market involves risk. Past performance is not indicative of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.