KEC International Limited

31%

.com FINANCIAL PERFORMANCE FOR QUARTER ENDED 30 JUNE 2022 KEC delivers Robust Revenue growth of 31% YoY Highest Ever Order Book + L1 of over Rs. 30,000 crore Mumbai, August 03, 2022: KEC Internat

Rs. 30,000 crore

30 JUNE 2022 KEC delivers Robust Revenue growth of 31% YoY Highest Ever Order Book + L1 of over Rs. 30,000 crore Mumbai, August 03, 2022: KEC International Ltd., a global infrastructure EPC major and an RPG Gro

Rs. 3,318 crore

Y23 v/s Q1 FY22: Consolidated Financial Performance Standalone Financial Performance Revenue: Rs. 3,318 crore against Rs. 2,540 crore Revenue: Rs. 2,849 crore against Rs. 2,338 crore EBITDA: Rs. 168 crore

Rs. 2,540 crore

lidated Financial Performance Standalone Financial Performance Revenue: Rs. 3,318 crore against Rs. 2,540 crore Revenue: Rs. 2,849 crore against Rs. 2,338 crore EBITDA: Rs. 168 crore against Rs. 160 crore

Rs. 2,849 crore

ce Standalone Financial Performance Revenue: Rs. 3,318 crore against Rs. 2,540 crore Revenue: Rs. 2,849 crore against Rs. 2,338 crore EBITDA: Rs. 168 crore against Rs. 160 crore EBITDA: Rs. 234 crore again

Rs. 2,338 crore

l Performance Revenue: Rs. 3,318 crore against Rs. 2,540 crore Revenue: Rs. 2,849 crore against Rs. 2,338 crore EBITDA: Rs. 168 crore against Rs. 160 crore EBITDA: Rs. 234 crore against Rs. 225 crore EBITD

Rs. 168 crore

s. 3,318 crore against Rs. 2,540 crore Revenue: Rs. 2,849 crore against Rs. 2,338 crore EBITDA: Rs. 168 crore against Rs. 160 crore EBITDA: Rs. 234 crore against Rs. 225 crore EBITDA Margin: 5.1% against 6

Rs. 160 crore

Rs. 2,540 crore Revenue: Rs. 2,849 crore against Rs. 2,338 crore EBITDA: Rs. 168 crore against Rs. 160 crore EBITDA: Rs. 234 crore against Rs. 225 crore EBITDA Margin: 5.1% against 6.3% EBITDA Margin: 8

Rs. 234 crore

ue: Rs. 2,849 crore against Rs. 2,338 crore EBITDA: Rs. 168 crore against Rs. 160 crore EBITDA: Rs. 234 crore against Rs. 225 crore EBITDA Margin: 5.1% against 6.3% EBITDA Margin: 8.2% against 9.6% Inter

Rs. 225 crore

ainst Rs. 2,338 crore EBITDA: Rs. 168 crore against Rs. 160 crore EBITDA: Rs. 234 crore against Rs. 225 crore EBITDA Margin: 5.1% against 6.3% EBITDA Margin: 8.2% against 9.6% Interest as % to Revenue: 3

5.1%

Rs. 168 crore against Rs. 160 crore EBITDA: Rs. 234 crore against Rs. 225 crore EBITDA Margin: 5.1% against 6.3% EBITDA Margin: 8.2% against 9.6% Interest as % to Revenue: 3.0% against 2.6% Int

6.3%

e against Rs. 160 crore EBITDA: Rs. 234 crore against Rs. 225 crore EBITDA Margin: 5.1% against 6.3% EBITDA Margin: 8.2% against 9.6% Interest as % to Revenue: 3.0% against 2.6% Interest as % to

“The Company cannot guarantee that these assumptions and expectations are accurate or exhaustive or will be realised.”

“2 1 Overview – RPG Group & KEC International 400kV Transmission line project in UAE 3 RPG Group: Powered by Passion, Driven by Ethics UNLEASHTALENT TOUCHLIVES OUTPERFORM AND ☺ RPG Enterprises was founded in 1979.”

“• Successfully achieved completion of a targeted pipeline laying project, which will significantly enhance our PQs and pave way for us to secure similar orders in the future Cables • Cables business has grown by 26% YoY and achieved Revenues of Rs.”

“110,000 Cr 16 4 Environmental, Social and Governance (ESG) Solar rooftop at Jaipur plant 17 ESG & Sustainability Goals and Status Happiness Quotient Diversity & Inclusion Target: Increase Happiness Quotient to 85% by FY26 Target: Increase in diversity by 25% by FY26”

“Diversity has increased by 4% YoY in FY22 Occupational Heath & Safety Target: Work towards the goal of achieving Zero accidents”

“LTIFR has reduced to 0.26 in FY22 vis-à-vis 0.68 in FY21, a reduction of 62% YoY Corporate Social Responsibility Target: Reach 2 lac CSR beneficiaries by FY 26”

“CSR beneficiaries for FY22 are 3.3 lakh (includes COVID-19 response beneficiaries of 2.4 lakh) Circularity Target: Zero waste to landfill by FY 26 for manufacturing plants”

“Waste to landfill has reduced by 34% YoY in FY22 Water Positive Approach Energy Consumption Carbon Emission Target: Reduce water consumption intensity in manufacturing plants by 20% by FY26 Target: Reduce energy consumption intensity of manufacturing plants by 15% by FY26”

“Energy consumption intensity has reduced by 26% YoY in FY22 Target: Reduce Greenhouse Gas (GHG) emissions intensity of manufacturing plants by 20% by FY26”

“GHG emission intensity has reduced by 12% YoY in FY22 Sustainable Procurement Target: 100% of key suppliers to be assessed under ESG criteria by FY23”

Status

9

Order Intake and Order Book

1

Inter SBU

1

Order Intake and Order Book

Order Intake: YTD Order intake of Rs. 3,472 crore Order Book: Order Book as on 30 June 2022 of Rs. 23,720 crore, a strong growth of 16% YoY; L1 of over Rs. 8,000 crore. Mr. Vimal Kejriwal, MD & CEO, KEC International Ltd. commented, “We are pleased with our healthy revenue growth and order intake, despite significant challenges. The growth has been delivered by good performances in most of our businesses such as T&D, Civil, Railways, Oil & Gas and Cables. The consolidated margins have been impacted primarily due to the elevated commodity prices & logistics costs and SAE Brazil performance. With the new orders announced last week, our order book along with current L1 pipeline stands at a record level of over Rs. 30,000 crore. Our robust and well diversified order book gives us confidence of delivering a continued good growth in the coming quarters.” Registered Office: RPG House, 463, Dr. Annie Besant Road Worli, Mumbai 400030, CIN: L45200MH2005PLC152061, India. An Company About KEC Inte

Inter SBU

Total Net Sales T&D Share Non T&D Share 1,645 1,279 366 1,819 705 598 92 5 419 -145 3,318 50% 50% 1,405 1,202 203 1,248 594 301 0 20 334 -113 2,540 55% 45% (₹ crore) Growth (Y-o-Y) 17% 6% 80% 46% 19% 99% NA -76% 26% 28% 31% 13 Borrowings & Working Capital (Consolidated) Particulars 30-Jun-22 30-Jun-21 I) Net Debt II) Interest Bearing Acceptances Total (I + II) 3,418 2,658 6,076 2,533 1,405 3,938 Increase/ (Decrease) YoY 885 1,253 2,138 31-Mar-22 2,613 2,152 4,765 Increase/ (Decrease) QoQ 805 506 1,311 (₹ crore) ❑ The debt level is elevated during the quarter owing to few EPC orders in Railways, where the billing is linked to erection i.e. milestone payments and loss in the SAE Brazil subsidiary ❑ Net Working Capital (NWC) stands at 148 days as on 30th Jun’22. We continue to focus on below initiatives to optimize working capital: ▪ ▪ ▪ Judicious monitoring of cash flows through daily/ weekly war rooms Setting up Cross Functional teams for collection of high value AR especially retention

Status

Diversity has increased by 4% YoY in FY22 Occupational Heath & Safety Target: Work towards the goal of achieving Zero accidents

Status

LTIFR has reduced to 0.26 in FY22 vis-à-vis 0.68 in FY21, a reduction of 62% YoY Corporate Social Responsibility Target: Reach 2 lac CSR beneficiaries by FY 26

Status

CSR beneficiaries for FY22 are 3.3 lakh (includes COVID-19 response beneficiaries of 2.4 lakh) Circularity Target: Zero waste to landfill by FY 26 for manufacturing plants

Status

Waste to landfill has reduced by 34% YoY in FY22 Water Positive Approach Energy Consumption Carbon Emission Target: Reduce water consumption intensity in manufacturing plants by 20% by FY26 Target: Reduce energy consumption intensity of manufacturing plants by 15% by FY26