KEC International Limited (KEC) - Net Assets

Latest as of September 2025: Rs56.43 Billion INR ≈ $610.26 Million USD

Based on the latest financial reports, KEC International Limited (KEC) has net assets worth Rs56.43 Billion INR (≈ $610.26 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs236.13 Billion ≈ $2.55 Billion USD) and total liabilities (Rs179.70 Billion ≈ $1.94 Billion USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check how tangible is KEC International Limited's equity to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric Value
Current Net Assets Rs56.43 Billion
% of Total Assets 23.9%
Annual Growth Rate 19.29%
5-Year Change 59.16%
10-Year Change 253.69%
Growth Volatility 18.59

KEC International Limited - Net Assets Trend (2006–2025)

This chart illustrates how KEC International Limited's net assets have evolved over time, based on quarterly financial data. See KEC cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for KEC International Limited (2006–2025)

The table below shows the annual net assets of KEC International Limited from 2006 to 2025. For live valuation and market cap data, see KEC market cap.

Year Net Assets Change
2025-03-31 Rs53.47 Billion
≈ $578.31 Million		 +30.56%
2024-03-31 Rs40.96 Billion
≈ $442.93 Million		 +8.60%
2023-03-31 Rs37.71 Billion
≈ $407.87 Million		 +4.19%
2022-03-31 Rs36.20 Billion
≈ $391.48 Million		 +7.75%
2021-03-31 Rs33.60 Billion
≈ $363.34 Million		 +20.09%
2020-03-31 Rs27.98 Billion
≈ $302.55 Million		 +14.89%
2019-03-31 Rs24.35 Billion
≈ $263.35 Million		 +21.91%
2018-03-31 Rs19.97 Billion
≈ $216.02 Million		 +25.91%
2017-03-31 Rs15.86 Billion
≈ $171.56 Million		 +4.93%
2016-03-31 Rs15.12 Billion
≈ $163.51 Million		 +13.69%
2015-03-31 Rs13.30 Billion
≈ $143.81 Million		 +11.60%
2014-03-31 Rs11.92 Billion
≈ $128.87 Million		 +3.87%
2013-03-31 Rs11.47 Billion
≈ $124.07 Million		 +3.56%
2012-03-31 Rs11.08 Billion
≈ $119.80 Million		 +17.03%
2011-03-31 Rs9.47 Billion
≈ $102.37 Million		 +20.26%
2010-03-31 Rs7.87 Billion
≈ $85.12 Million		 +41.03%
2009-03-31 Rs5.58 Billion
≈ $60.36 Million		 +12.71%
2008-03-31 Rs4.95 Billion
≈ $53.55 Million		 +82.05%
2007-03-31 Rs2.72 Billion
≈ $29.42 Million		 +45.30%
2006-03-31 Rs1.87 Billion
≈ $20.24 Million		 --

Equity Component Analysis

This analysis shows how different components contribute to KEC International Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.

Equity Composition Insights

  • Retained earnings have grown by 4163.3% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (March 2025)

Component Amount Percentage
Retained Earnings Rs39.38 Billion 73.64%
Common Stock Rs532.40 Million 1.00%
Other Comprehensive Income Rs4.20 Billion 7.86%
Other Components Rs9.36 Billion 17.50%
Total Equity Rs53.47 Billion 100.00%

KEC International Limited Competitors by Market Cap

The table below lists competitors of KEC International Limited ranked by their market capitalization.

Company Market Cap
Northking Information Technology Co
SHE:002987
 $1.48 Billion
Autek China Inc
SHE:300595
 $1.48 Billion
Aptus Value Housing Finance India Limited
NSE:APTUS
 $1.48 Billion
Shenzhen Noposion Agrochemicals Co Ltd
SHE:002215
 $1.48 Billion
Guangdong Taienkang Pharmaceutical Co. Ltd
SHE:301263
 $1.48 Billion
Tennant Company
NYSE:TNC
 $1.48 Billion
Aryzta AG
SW:ARYN
 $1.47 Billion
Inner Mongolia Lantai Industrial Co Ltd
SHG:600328
 $1.47 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in KEC International Limited's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2024 to 2025, total equity changed from 40,957,000,000 to 53,474,500,000, a change of 12,517,500,000 (30.6%).
  • Net income of 5,707,400,000 contributed positively to equity growth.
  • Dividend payments of 1,027,900,000 reduced retained earnings.
  • Share repurchases of 8,701,600,000 reduced equity.
  • New share issuances of 8,701,600,000 increased equity.
  • Other comprehensive income decreased equity by 494,200,000.
  • Other factors increased equity by 8,332,200,000.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income Rs5.71 Billion +10.67%
Dividends Paid Rs1.03 Billion -1.92%
Share Repurchases Rs8.70 Billion -16.27%
Share Issuances Rs8.70 Billion +16.27%
Other Comprehensive Income Rs-494.20 Million -0.92%
Other Changes Rs8.33 Billion +15.58%
Total Change Rs- 30.56%

Book Value vs Market Value Analysis

This analysis compares KEC International Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.

Valuation Insights

  • Current price-to-book ratio: 2.51x
  • The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
  • The price-to-book ratio has decreased from 51.61x to 2.51x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2006-03-31 Rs9.93 Rs512.75 x
2007-03-31 Rs14.43 Rs512.75 x
2008-03-31 Rs22.76 Rs512.75 x
2009-03-31 Rs22.62 Rs512.75 x
2010-03-31 Rs31.79 Rs512.75 x
2011-03-31 Rs36.82 Rs512.75 x
2012-03-31 Rs43.09 Rs512.75 x
2013-03-31 Rs44.62 Rs512.75 x
2014-03-31 Rs46.35 Rs512.75 x
2015-03-31 Rs51.73 Rs512.75 x
2016-03-31 Rs58.81 Rs512.75 x
2017-03-31 Rs61.70 Rs512.75 x
2018-03-31 Rs77.70 Rs512.75 x
2019-03-31 Rs94.72 Rs512.75 x
2020-03-31 Rs108.82 Rs512.75 x
2021-03-31 Rs130.68 Rs512.75 x
2022-03-31 Rs140.81 Rs512.75 x
2023-03-31 Rs146.70 Rs512.75 x
2024-03-31 Rs159.31 Rs512.75 x
2025-03-31 Rs204.25 Rs512.75 x

Capital Efficiency Dashboard

This dashboard shows how efficiently KEC International Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.

Capital Efficiency Insights

  • Current Return on Equity (ROE): 10.67%
  • The company shows good efficiency in utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 2.61%
  • • Asset Turnover: 0.98x
  • • Equity Multiplier: 4.15x
  • Recent ROE (10.67%) is below the historical average (17.68%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2006 26.34% 2.85% 1.13x 8.16x Rs305.81 Million
2007 38.47% 5.13% 1.21x 6.19x Rs774.42 Million
2008 34.77% 6.12% 1.15x 4.95x Rs1.23 Billion
2009 20.93% 3.41% 1.11x 5.55x Rs610.00 Million
2010 24.10% 4.86% 1.15x 4.32x Rs1.11 Billion
2011 21.72% 4.76% 0.92x 4.98x Rs1.11 Billion
2012 18.89% 3.60% 1.05x 5.01x Rs985.16 Million
2013 5.67% 1.01% 1.03x 5.45x Rs-496.78 Million
2014 5.60% 0.93% 0.97x 6.22x Rs-524.08 Million
2015 12.11% 2.33% 0.89x 5.82x Rs280.12 Million
2016 12.67% 2.83% 0.83x 5.38x Rs403.34 Million
2017 19.21% 3.60% 0.97x 5.50x Rs1.46 Billion
2018 23.05% 4.64% 0.94x 5.28x Rs2.61 Billion
2019 20.36% 4.59% 0.92x 4.80x Rs2.52 Billion
2020 20.21% 4.81% 0.91x 4.60x Rs2.86 Billion
2021 16.45% 4.21% 0.93x 4.18x Rs2.17 Billion
2022 9.17% 2.42% 0.84x 4.51x Rs-299.13 Million
2023 4.67% 1.02% 1.00x 4.58x Rs-2.01 Billion
2024 8.47% 1.74% 1.05x 4.65x Rs-627.90 Million
2025 10.67% 2.61% 0.98x 4.15x Rs359.95 Million

Industry Comparison

This section compares KEC International Limited's net assets metrics with peer companies in the Engineering & Construction industry.

Industry Context

  • Industry: Engineering & Construction
  • Average net assets among peers: $8,564,799,435
  • Average return on equity (ROE) among peers: 2.49%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
KEC International Limited (KEC) Rs56.43 Billion 26.34% 3.18x $1.48 Billion
A2Z Infra Engineering Limited (A2ZINFRA) $2.14 Billion -124.34% 14.00x $27.26 Million
AFCONS INFRASTRUCTURE LTD (AFCONS) $35.98 Billion 12.50% 3.51x $1.29 Billion
Akash Infra-Projects Limited (AKASH) $445.41 Million 21.94% 1.00x $4.78 Million
Ashoka Buildcon Limited (ASHOKA) $17.27 Billion 5.64% 6.83x $402.23 Million
AXISCADES Technologies Limited (AXISCADES) $3.20 Billion 9.31% 1.69x $876.30 Million
Capacit'e Infraprojects Limited (CAPACITE) $10.73 Billion 8.88% 1.43x $204.98 Million
Consolidated Construction Consortium Limited (CCCL) $1.86 Billion 24.88% 1.86x $73.44 Million
Ceigall India (CEIGALL) $4.31 Billion 29.19% 1.22x $710.54 Million
Dilip Buildcon Limited (DBL) $9.32 Billion 24.65% 5.73x $758.40 Million
Dhruv Consultancy Services Limited (DHRUV) $395.72 Million 12.22% 1.09x $5.65 Million

About KEC International Limited

NSE:KEC India Engineering & Construction
Market Cap
$1.48 Billion
Rs136.49 Billion INR
Market Cap Rank
#7456 Global
#353 in India
Share Price
Rs512.75
Change (1 day)
+1.65%
52-Week Range
Rs469.40 - Rs934.05
All Time High
Rs1240.40
Categories
Companies in India Engineering & Construction
About

KEC International Limited engages in the engineering, procurement, and construction (EPC) business. It designs, manufactures, supplies, and erects transmission lines on turnkey basis; executes gas insulated transmission lines; undertakes EPC projects of high voltage electrical switching and distribution substations, as well as transmission lines in oil field areas; and turnkey solutions for railw… Read more