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Aug 19, 2010

KEC International Ltd - 532714

 

 

Name of Company

KEC International Ltd

BSE Code

532714

NSE Code

KEC

ICICI Code

Established

My Take

Like

Headquarters

Mumbai

Promoters

RPG Group (Goenka family)

Story

Rs. 4000 Cr turnover company of RPG group exporting its services to 43 countries. 2350 Cr market cap at current prices.

Sector

Power – Allied

Sub-sector

EPC in Power transmission

Website

http://www.kecrpg.com/

Positives

Regular dividend payer – can expect 1% yield at current price of 467. 42% promoter shareholding – none are pledged. 43% institutional holding (LIC, reliance MF, HDFC MF, SBI, tata MF, DSP, etc). Has been profitable for the past 5 years. 2350 Cr MCap for 171 Cr FY10 profit is a 13.75 times PE.

Negatives

786 Cr of loans. Dependent on interest rates to be low like all infra players. Can expect 3-5% NPMs

Peers

News

Price @ blogged

467 (19-Aug-10)

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