Mumbai, Dec. 17 -- The agency has also affirmed the company's short-term rating at 'CARE A1+'.

CARE Ratings stated that the ratings assigned to bank facilities of KEC International (KEC) continues to derive strength from its well-established business profile and experienced management under the RPG Group, one of India's leading conglomerates with diversified interests across infrastructure, IT, tyres, and energy. The group's strong reputation, financial flexibility, and market capitalisation provide strength.

The Ratings considers geographically and segmentally diversified order book of Rs 39,325 crore as on 30 September 2025 (1.8x of FY25 revenue), providing adequate revenue visibility for 18-24 months.

KEC reported healthy growth in ...