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Earnings Call

KEI Industries Earnings Call: Key Takeaways

KEI Industries delivered strong FY26 results with a 20.66% revenue jump, fueled by peak capacity utilization and a strategic shift toward high-margin institutional and export segments.

Why this was an Alfa AlertManagement delivered 20.66% revenue growth, significantly beating their typical high-teens guidance, and raised FY27 revenue targets to 25%.
Highlights
Revenue growthNet sales grew 20.66% YoY to ₹11,746 crore in FY26.
MarginsEBITDA margins improved to 11.81% from 10.92% YoY.
Order bookCurrent order book stands at ₹3,585 crore plus L1 orders.
Demand visibilityStrong visibility across power transmission, data centers, and real estate.
Management confidenceExtremely bullish, citing strong domestic demand and successful export restarts.

Growth

Growth is volume-led (15% copper) with notable high-voltage cable expansion of 82% YoY.

Outlook

Targeting 17-18% volume growth and 25% revenue growth for FY27.

Risks

Rising freight costs and shipping delays in the Middle East threaten short-term export margins.

Source

Earnings Call filed with NSE, NSE: KEI. Summary written with AI assistance from the document.

Read the document ↗

KEI Industries Ltd: key numbers

Share price
₹4,673.50
Market cap
₹44,679 Cr
Revenue (annual)
₹11,748 Cr
Net profit (annual)
₹918.4 Cr
P/E (TTM)
44.8×Sector 45.9×
Promoter holding
35.00%+0.00% QoQ
FII holding
27.32%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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