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Earnings Call

KEI Industries Earnings Call: Key Takeaways

KEI reports robust Q4 FY26 results with 19.3% revenue growth and margin expansion to 12.2%. Strategy emphasizes scaling B2C dealer networks and high-margin EHV cable segments.

Highlights
Revenue growthFY26 growth of 20.66% YoY.
MarginsEBITDA margin improved to 11.81% for FY26.
Order bookTotal order book at ₹3,585cr as of March 31, 2026.
Demand visibilityStrong outlook in power transmission, infrastructure, and real estate.
Management confidenceBullish on Indian capex, transmission, and data center demand.

Growth

FY26 revenue reached ₹11,746cr (+20.7% YoY); PAT hit ₹918cr with 7.8% margin. Q4 volume grew 2%.

Outlook

Guidance of 17-18% volume growth for FY27; margin targets of 10.5-11%. Planned capex of ₹600-700cr annually.

Risks

Shipping delays in Middle East, volatile raw material (copper/aluminum) prices, and potential capacity constraints before Sanand expansion.

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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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.