• Data center order: KEC secured a fast-track transmission order catering directly to data center developers, accounting for 40% to 50% of its recent Rs 1,100–1,150 crore intake with higher margins and a 12-month execution timeline.
• Sector growth opportunity: India's projected data center expansion from 1.5 GW to 10 GW by 2030 represents a Rs 50,000–60,000 crore T&D market over 4 to 5 years, with KEC aiming to capture its typical ~15% share.
• Order inflow guidance: The company reaffirmed its FY27 order inflow guidance of Rs 30,000 crore, backed by Rs 5,200 crore secured to date and an active tender pipeline of Rs 1.8 lakh crore, including Rs 1 lakh crore in T&D.
• Middle East operations: Project execution and collections across 25 regional projects remain steady, though logistics disruptions from Europe, China, and India are causing supply bottlenecks and delayed revenue realization.