Industrial Products
Valuation | |
|---|---|
| Market Cap | 41.38 kCr |
| Price/Earnings (Trailing) | 51.92 |
| Price/Sales (Trailing) | 3.82 |
| EV/EBITDA | 33.57 |
| Price/Free Cashflow | -55.12 |
| MarketCap/EBT | 38.79 |
| Enterprise Value | 40.35 kCr |
Fundamentals | |
|---|---|
Growth & Returns | |
|---|---|
| Price Change 1W | -4.4% |
| Price Change 1M | 9.6% |
| Price Change 6M | 19.8% |
| Price Change 1Y | 3% |
| 3Y Cumulative Return | 43.6% |
| 5Y Cumulative Return | 55% |
| 7Y Cumulative Return | 42.9% |
| 10Y Cumulative Return | 42.8% |
| Revenue (TTM) |
| 10.83 kCr |
| Rev. Growth (Yr) | 20.6% |
| Earnings (TTM) | 790.61 Cr |
| Earnings Growth (Yr) | 31.5% |
Profitability | |
|---|---|
| Operating Margin | 10% |
| EBT Margin | 10% |
| Return on Equity | 12.78% |
| Return on Assets | 9.87% |
| Free Cashflow Yield | -1.81% |
Cash Flow & Liquidity |
|---|
| Cash Flow from Investing (TTM) | -1.5 kCr |
| Cash Flow from Operations (TTM) | -32.21 Cr |
| Cash Flow from Financing (TTM) | 1.92 kCr |
| Cash & Equivalents | 1.21 kCr |
| Free Cash Flow (TTM) | -723.43 Cr |
| Free Cash Flow/Share (TTM) | -75.71 |
Balance Sheet | |
|---|---|
| Total Assets | 8.01 kCr |
| Total Liabilities | 1.82 kCr |
| Shareholder Equity | 6.19 kCr |
| Current Assets | 5.67 kCr |
| Current Liabilities | 1.63 kCr |
| Net PPE | 754.19 Cr |
| Inventory | 2.11 kCr |
| Goodwill | 0.00 |
Capital Structure & Leverage | |
|---|---|
| Debt Ratio | 0.02 |
| Debt/Equity | 0.03 |
| Interest Coverage | 17.78 |
| Interest/Cashflow Ops | 0.42 |
Dividend & Shareholder Returns | |
|---|---|
| Dividend/Share (TTM) | 7.5 |
| Dividend Yield | 0.20% |
| Shares Dilution (1Y) | 5.9% |
| Shares Dilution (3Y) | 6% |
Insider Trading: There's significant insider buying recently.
Size: Market Cap wise it is among the top 20% companies of india.
Balance Sheet: Strong Balance Sheet.
Past Returns: Outperforming stock! In past three years, the stock has provided 43.6% return compared to 12.8% by NIFTY 50.
Smart Money: Smart money is taking extra interest in the stock as they increase their holdings.
Technicals: Bullish SharesGuru indicator.
Growth: Awesome revenue growth! Revenue grew 23.3% over last year and 65.4% in last three years on TTM basis.
No major cons observed.
Insider Trading: There's significant insider buying recently.
Size: Market Cap wise it is among the top 20% companies of india.
Balance Sheet: Strong Balance Sheet.
Past Returns: Outperforming stock! In past three years, the stock has provided 43.6% return compared to 12.8% by NIFTY 50.
Smart Money: Smart money is taking extra interest in the stock as they increase their holdings.
Technicals: Bullish SharesGuru indicator.
Growth: Awesome revenue growth! Revenue grew 23.3% over last year and 65.4% in last three years on TTM basis.
No major cons observed.
Investor Care | |
|---|---|
| Dividend Yield | 0.20% |
| Dividend/Share (TTM) | 7.5 |
| Shares Dilution (1Y) | 5.9% |
| Earnings/Share (TTM) | 83.37 |
Financial Health | |
|---|---|
| Current Ratio | 3.48 |
| Debt/Equity | 0.03 |
Technical Indicators | |
|---|---|
| RSI (14d) | 53.17 |
| RSI (5d) | 5.34 |
| RSI (21d) | 65.89 |
| MACD Signal | Sell |
| Stochastic Oscillator Signal | Hold |
| SharesGuru Signal | Buy |
| RSI Signal | Hold |
| RSI5 Signal | Buy |
| RSI21 Signal | Hold |
| SMA 5 Signal | Sell |
| SMA 10 Signal |
Updated May 4, 2025
KEI Industries has seen a substantial decline of 23.42% in stock price over the past three months.
The stock's 200-day SMA is ? 3962.6, indicating a downward trend in the longer term.
The performance metrics reveal more volatility in KEI's returns compared to competitor Polycab India.
Summary of KEI Industries's latest earnings call, featuring management's outlook on business performance, financial results, and analyst Q&A sessions that highlight key strategic initiatives and market challenges.
Management provided a strong outlook for KEI Industries, projecting more than 20% overall growth for FY '25-'26, despite some delays in scaling up new capacities. Key numbers shared include:
Management highlighted a robust order book totaling INR 3,824 crores as of September 30, 2025, indicating strong demand across both domestic and export markets. Although the Sanand plant's first phase faces a four-month delay, it is still expected to operationalize by November '25, significantly contributing to growth in Q4. The projected revenue from the new capacity is around INR 3,000 crores for the next financial year.
The management emphasized a sustained demand in the energy sector, driven by solar, wind, and infrastructure projects, ensuring continued growth for the wire and cable market. They indicated no expected slowdown in demand, indicating confidence in maintaining growth momentum despite capacity allocation shifts towards exports. Overall, KEI aims for a strategic balance between domestic and international markets to sustain growth even amidst emerging competition.
Understand KEI Industries ownership landscape with insights into key distribution patterns, offering investors a clear view of stakeholder dynamics.
| Shareholder Name | Holding % |
|---|---|
| ANIL GUPTA | 11.39% |
| Projection Financial & Management Consultants Private Limited | 8.26% |
| KOTAK MAHINDRA TRUSTEE CO LTD A/C KOTAK ACTIVE MOMENTUM FUND | 4.95% |
| ANIL GUPTA HUF (Karta- Anil Gupta) | 4.86% |
| MOTILAL OSWAL BSE 1000 INDEX FUND | 4.51% |
| Shubh Laxmi Motels & Inns Private Limited | 3.64% |
Detailed comparison of KEI Industries against industry peers, highlighting key financial metrics, valuation ratios, and performance indicators to provide competitive context within the sector.
Ticker | Name | Mkt Cap | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
|---|---|---|---|---|---|---|---|---|---|
| POLYCAB | Polycab India | 1.16 LCr | 24.79 kCr | +7.60% | +13.90% | 46.96 | 4.67 | - | - |
| HAVELLS | Havells India | 91.88 kCr | 21.96 kCr |
Comprehensive comparison against sector averages
KEI metrics compared to Industrial
| Category | KEI | Industrial |
|---|---|---|
| PE | 51.92 | 41.14 |
| PS | 3.82 | 3.39 |
| Growth | 23.3 % | 16.5 % |
KEI Industries is a prominent player in the Cables - Electricals sector, recognized by its stock ticker, KEI. With a market capitalization of approximately Rs. 28,664.8 Crores, the company is engaged in the manufacture, sale, and distribution of a wide array of wires and cables, both in India and on an international scale.
The company operates through three main segments:
KEI Industries offers a diverse range of products, including:
In addition to its extensive cable offerings, KEI Industries provides engineering, procurement, and construction solutions, specializing in gas-insulated and air-insulated substations. Their EPC services include power transmission and distribution systems for both overhead and underground settings, as well as railway electrification on a turnkey basis, complemented by project management services.
The company exports its products to around 60 countries, catering to a wide range of sectors, which include power, refinery, railway, automobile, cement, and several others such as IT, pharma, and government.
Founded in 1968 and headquartered in New Delhi, India, KEI Industries has demonstrated substantial financial growth, with a trailing revenue of Rs. 9,190.2 Crores and a remarkable revenue increase of 77.1% over the past three years. The company is also committed to sharing profits with its investors, maintaining a dividend yield of 0.25% annually, and distributed a Rs. 7.5 dividend per share in the last 12 months, despite diluting shareholder holdings by 6% during the same period.
This is an informational page just to provide a quick 'first look' at the stock. You must do your own deeper research. Know your risk appetite. Consult a SEBI-registered financial advisor before making any investment decisions.
| Sell |
| SMA 20 Signal | Sell |
| SMA 50 Signal | Buy |
| SMA 100 Signal | Buy |
KEI vs Industrial (2021 - 2026)
KEI Industries has experienced a 7.48% rise in stock price over the past month.
This information is AI-generated and may contain inaccuracies. Please verify from multiple sources.
1. Natasha Jain: "Can you break the number, 22.5% in volume and pricing, please?"
Anil Gupta: "The volume increase in the Wire and Cable segment is 15%, with the remaining attributed to price increase."
2. Natasha Jain: "Have we been able to pass this pricing benefit or will it show in the third quarter?"
Anil Gupta: "Yes, we revise retail prices every 15 days. Since over 54% of sales are B2C, we maintain inventory for B2B orders with price variation clauses to protect our margins."
3. Natasha Jain: "Can you clarify the delay in Phase 1 and Phase 2 of the Sanand plant? Will this affect top line growth?"
Anil Gupta: "Phase 1 is delayed by 4 months due to weather and contractor challenges; operation starts in November. Phase 2 faces a 9-month delay due to construction complexities. Despite this, we expect to achieve over 20% FY '25-'26 growth."
4. Anupam Goswami: "What is the capacity mix post-Sanand?"
Anil Gupta: "Upon completion, the entire project will yield approximately INR 6,000 crores in revenue. The first phase will contribute around INR 3,000 crores, with substantial output slated for FY '26."
5. Praveen Sahay: "What are your expectations for exports?"
Rajeev Gupta: "Export revenues will reach around 18% to 19% of total sales as we target new geographies, helped by our strong performance."
6. Jai Chauhan: "What is your current order book for extra high-voltage (EHV) cables?"
Rajeev Gupta: "The current EHV order book stands at INR 636 crores, with a capacity of INR 650 crores."
7. Rahul Agarwal: "What are your margin expectations going forward?"
Anil Gupta: "Margins are expected to improve by 1% to 1.5% once the entire Sanand facility is operational."
8. Dhruv Jain: "What is the execution timeline for your order book?"
Anil Gupta: "Cable orders have a maximum execution time of 4 months, while EPC orders take about 18 months to complete."
9. Sandesh Shetty: "What are your key export markets currently?"
Anil Gupta: "We primarily export to Australia, the Middle East, and Europe, with recent efforts leading to notable sales in the U.S."
These summaries encompass the main questions and answers from the transcript. If you require more details or further questions, please let me know!
| Soubhagya Agency Private Limited | 3.27% |
| GOVERNMENT PENSION FUND GLOBAL | 2.63% |
| CANARA ROBECO MUTUAL FUND A/C CANARA ROBECO MANUFACTURING FUND | 2.32% |
| SMALLCAP WORLD FUND INC | 2.1% |
| HSBC MULTI ASSET ALLOCATION FUND | 1.72% |
| AXIS MUTUAL FUND TRUSTEE LIMITED A/C AXIS MUTUAL FUND A/C AXIS NIFTY 500 INDEX FUND | 1.72% |
| KEI Cables Private Limited | 1.65% |
| EDELWEISS NIFTY LARGE MID CAP 250 ETF | 1.08% |
| INVESCO INDIA MANUFACTURING FUND | 1.06% |
| Dhan Versha Agency Private Limited | 1.05% |
| ARCHANA GUPTA | 0.88% |
| Akshit Diviaj Gupta | 0% |
| KEI International Limited | 0% |
| KEI Power Limited | 0% |
Distribution across major stakeholders
Distribution across major institutional holders
| +5.40% |
| -10.10% |
| 62.79 |
| 4.18 |
| - |
| - |
| APARINDS | Apar Industries | 32.89 kCr | 20.85 kCr | -7.10% | -22.10% | 35.01 | 1.58 | - | - |
| RRKABEL | R R KABEL | 17.07 kCr | 8.28 kCr | +6.80% | +8.90% | 42.25 | 2.06 | - | - |
| VGUARD | V-Guard Industries | 13.78 kCr | 5.63 kCr | -5.00% | -23.60% | 47.61 | 2.45 | - | - |
| FINCABLES | Finolex Cables | 11.79 kCr | 5.74 kCr | +4.10% | -29.00% | 17.75 | 2.05 | - | - |
| 5.2% |
| 2,491 |
| 2,367 |
| 2,647 |
| 2,260 |
| 2,089 |
| 1,876 |
| Profit Before exceptional items and Tax | 5.3% | 277 | 263 | 305 | 221 | 208 | 203 |
| Exceptional items before tax | - | 0 | 0 | 0 | 0 | 0 | 0 |
| Total profit before tax | 5.3% | 277 | 263 | 305 | 221 | 208 | 203 |
| Current tax | 10.6% | 74 | 67 | 73 | 55 | 50 | 52 |
| Deferred tax | -864.3% | -0.35 | 0.86 | 5.23 | 1.34 | 2.72 | 0.19 |
| Total tax | 10.6% | 74 | 67 | 79 | 56 | 53 | 52 |
| Total profit (loss) for period | 4.1% | 204 | 196 | 227 | 165 | 155 | 150 |
| Other comp. income net of taxes | -19.5% | -0.04 | 0.13 | -3.63 | -0.09 | 0.07 | 0.36 |
| Total Comprehensive Income | 3.6% | 203 | 196 | 223 | 165 | 155 | 151 |
| Earnings Per Share, Basic | 4.2% | 21.3 | 20.49 | 23.71 | 17.87 | 17.16 | 16.65 |
| Earnings Per Share, Diluted | 4.2% | 21.28 | 20.47 | 23.69 | 17.85 | 17.13 | 16.62 |
| 13.9% |
| 304 |
| 267 |
| 232 |
| 201 |
| 185 |
| 228 |
| Finance costs | 27.9% | 56 | 44 | 35 | 40 | 57 | 129 |
| Depreciation and Amortization | 15% | 70 | 61 | 57 | 55 | 58 | 57 |
| Other expenses | 17% | 1,079 | 922 | 802 | 723 | 626 | 782 |
| Total Expenses | 20.3% | 8,871 | 7,372 | 6,298 | 5,234 | 3,836 | 4,574 |
| Profit Before exceptional items and Tax | 20% | 937 | 781 | 642 | 508 | 365 | 327 |
| Total profit before tax | 20% | 937 | 781 | 642 | 508 | 365 | 327 |
| Current tax | 16.2% | 231 | 199 | 167 | 131 | 94 | 85 |
| Deferred tax | 14250% | 9.49 | 0.94 | -2.13 | 0.21 | -1.97 | -13.64 |
| Total tax | 20.6% | 241 | 200 | 165 | 132 | 92 | 72 |
| Total profit (loss) for period | 19.8% | 696 | 581 | 477 | 376 | 273 | 255 |
| Other comp. income net of taxes | -64% | -3.28 | -1.61 | -0.06 | 0.79 | 0.92 | -1.03 |
| Total Comprehensive Income | 19.7% | 693 | 579 | 477 | 377 | 274 | 254 |
| Earnings Per Share, Basic | 17.7% | 75.65 | 64.41 | 52.95 | 41.8 | 30.46 | 31.51 |
| Earnings Per Share, Diluted | 17.8% | 75.55 | 64.28 | 52.87 | 41.59 | 30.17 | 31.05 |
| 173.4% |
| 1,051 |
| 385 |
| 138 |
| 121 |
| 39 |
| 15 |
| Non-current investments | 13.9% | 1.82 | 1.72 | 1.84 | 1.59 | 1.25 | 1.27 |
| Loans, non-current | -58.8% | 0.73 | 0.83 | 0.8 | 0.54 | 0.32 | 0.34 |
| Total non-current financial assets | 0% | 15 | 15 | 14 | 13 | 11 | 12 |
| Total non-current assets | 46.4% | 2,342 | 1,600 | 1,245 | 959 | 808 | 609 |
| Total assets | 10.7% | 8,008 | 7,235 | 4,943 | 4,656 | 4,098 | 3,770 |
| Borrowings, non-current | - | 0 | 0 | 99 | 0 | 0 | 0 |
| Total non-current financial liabilities | 63.3% | 50 | 31 | 129 | 0 | 0 | 0 |
| Provisions, non-current | 15.8% | 23 | 20 | 19 | 17 | 16 | 15 |
| Total non-current liabilities | 93% | 194 | 101 | 192 | 77 | 72 | 64 |
| Borrowings, current | -0.6% | 177 | 178 | 215 | 134 | 159 | 135 |
| Total current financial liabilities | 24.6% | 1,561 | 1,253 | 1,237 | 1,350 | 1,135 | 1,066 |
| Provisions, current | -47.1% | 10 | 18 | 14 | 12 | 7.15 | 9.14 |
| Current tax liabilities | 2694.1% | 20 | 1.68 | 0 | 0.38 | 7.49 | 5.46 |
| Total current liabilities | 20.6% | 1,626 | 1,348 | 1,293 | 1,431 | 1,168 | 1,118 |
| Total liabilities | 25.6% | 1,820 | 1,449 | 1,485 | 1,508 | 1,240 | 1,181 |
| Equity share capital | 0% | 19 | 19 | 18 | 18 | 18 | 18 |
| Total equity | 6.9% | 6,188 | 5,786 | 3,458 | 3,148 | 2,858 | 2,589 |
| Total equity and liabilities | 10.7% | 8,008 | 7,235 | 4,943 | 4,656 | 4,098 | 3,770 |
| -137.7% |
| -51.91 |
| -21.26 |
| -16.66 |
| -2.02 |
| - |
| - |
| Income taxes paid (refund) | 10.3% | 226 | 205 | 178 | 125 | - | - |
| Net Cashflows From Operating Activities | -105.4% | -32.21 | 611 | 514 | 229 | - | - |
| Cash receipts from share of profits of partnership firm or association of persons or LLP | - | 0 | 0 | 0 | 0.29 | - | - |
| Proceeds from sales of PPE | 546.3% | 3.41 | 0.46 | 0.28 | 0.1 | - | - |
| Purchase of property, plant and equipment | 171.7% | 691 | 255 | 76 | 60 | - | - |
| Purchase of intangible assets | -130% | 0.08 | 0.6 | 0.46 | 0 | - | - |
| Purchase of other long-term assets | -96.3% | 6.37 | 145 | 22 | 0 | - | - |
| Dividends received | 0% | 0.01 | 0.01 | 0.01 | 0 | - | - |
| Interest received | 25% | 26 | 21 | 16 | 1.87 | - | - |
| Other inflows (outflows) of cash | -3435.6% | -832.89 | 26 | -55.94 | 0 | - | - |
| Net Cashflows From Investing Activities | -324.7% | -1,500.72 | -352.6 | -137.13 | -58.39 | - | - |
| Proceeds from issuing shares | - | 2,000 | 0 | 0 | 0 | - | - |
| Proceeds from exercise of stock options | -20% | 1.08 | 1.1 | 1.96 | 5.62 | - | - |
| Proceeds from borrowings | 424.3% | 195 | 38 | 29 | 138 | - | - |
| Repayments of borrowings | 294.7% | 151 | 39 | 226 | 111 | - | - |
| Payments of lease liabilities | - | 0 | 0 | 0 | 0.96 | - | - |
| Dividends paid | 51.9% | 42 | 28 | 27 | 23 | - | - |
| Interest paid | 27.9% | 56 | 44 | 35 | 40 | - | - |
| Other inflows (outflows) of cash | - | -29.23 | 0 | 0 | 0 | - | - |
| Net Cashflows from Financing Activities | 2731.7% | 1,919 | -71.88 | -255.93 | -31.36 | - | - |
| Effect of exchange rate on cash eq. | 1.1% | 0.06 | 0.05 | 0.03 | 0 | - | - |
| Net change in cash and cash eq. | 108.1% | 386 | 186 | 121 | 139 | - | - |
Analysis of KEI Industries's financial performance, highlighting revenue trends, growth patterns, and key metrics through quarterly analysis.
Last Updated: Sep 30, 2025
| Description | Share | Value |
|---|---|---|
| Segment-Cables & Wires | 94.4% | 2.6 kCr |
| Segment-EPC Projects | 3.6% | 101.4 Cr |
| Segment-Stainless Steel Wire | 1.9% | 53.9 Cr |
| Total | 2.8 kCr |