Sharescart Research Club logo

KEI Industries Overview

KEI Industries Ltd is engaged inside the manufacture and supply of power and other industrial cables. The Company's segments are Cables, which consists of extra high voltage (EHV), high tension (HT) and low tension (LT) energy cables, control and instrumentation cables, winding wires, and flexible and house wires; Stainless Steel Wire, which consists of chrome steel wires, and Turnkey initiatives. Its product portfolio consists of speciality cables, rubber cables, submersible cables and polyvinyl chloride (PVC)/poly wrapped winding wires. Its m...Read More

Want to Start Investing in Top Unlisted Stocks?

Our experts help you choose the right stocks based on performance, risk, and growth potential.

KEI Industries Key Financials

Market Cap ₹41778 Cr.

Stock P/E 60

P/B 6.8

Current Price ₹4370.1

Book Value ₹ 647.3

Face Value 2

52W High ₹4588.2

Dividend Yield 0.09%

52W Low ₹ 2443.7

KEI Industries Share Price

₹ | |

Volume
Price

KEI Industries Quarterly Price

Show Value Show %

KEI Industries Peer Comparison

KEI Industries Quarterly Results

#(Fig in Cr.) Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025
Net Sales 1781 1945 2059 2330 2065 2284 2467 2915 2590 2726
Other Income 10 9 14 5 13 13 14 37 40 42
Total Income 1791 1954 2074 2334 2078 2297 2481 2952 2630 2769
Total Expenditure 1604 1743 1845 2075 1846 2059 2226 2614 2332 2457
Operating Profit 187 212 229 260 232 238 254 338 298 312
Interest 9 8 11 17 14 13 14 14 15 14
Depreciation 15 16 15 16 16 16 19 19 20 20
Exceptional Income / Expenses 0 0 0 -0 0 0 0 0 0 0
Profit Before Tax 163 188 202 227 203 208 221 305 263 277
Provision for Tax 42 48 52 59 52 53 56 79 67 74
Profit After Tax 121 140 151 169 150 155 165 227 196 204
Adjustments 0 -0 0 -0 0 0 0 0 0 0
Profit After Adjustments 121 140 151 168 150 155 165 227 196 204
Adjusted Earnings Per Share 13.5 15.5 16.7 18.7 16.6 17.1 17.2 23.7 20.5 21.3

KEI Industries Profit & Loss

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
Net Sales 2033 2351 2628 3465 4231 4888 4182 5727 6908 8121 9736 10698
Other Income 15 6 10 9 7 17 20 15 32 32 83 133
Total Income 2048 2357 2639 3475 4238 4904 4202 5742 6940 8153 9819 10832
Total Expenditure 1852 2109 2359 3126 3790 4391 3726 5138 6206 7267 8757 9629
Operating Profit 196 248 279 349 448 514 476 603 734 887 1063 1202
Interest 121 127 124 112 136 129 57 40 35 44 56 57
Depreciation 25 25 28 32 34 57 58 55 57 61 70 78
Exceptional Income / Expenses 3 0 0 0 0 0 0 0 0 -0 0 0
Profit Before Tax 53 96 126 204 278 328 361 508 642 781 937 1066
Provision for Tax 19 33 32 60 97 72 91 132 165 200 241 276
Profit After Tax 34 63 94 145 181 256 270 376 477 581 696 792
Adjustments 0 0 0 -0 0 0 -0 0 0 -0 0 0
Profit After Adjustments 34 63 94 145 181 256 270 376 477 581 696 792
Adjusted Earnings Per Share 4.4 8.1 12 18.5 22.9 28.6 30 41.7 52.9 64.4 72.9 82.7

Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 20% 19% 15% 17%
Operating Profit CAGR 20% 21% 16% 18%
PAT CAGR 20% 23% 22% 35%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR 6% 45% 54% 44%
ROE Average 16% 19% 18% 20%
ROCE Average 21% 25% 24% 25%

KEI Industries Balance Sheet

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Shareholder's Funds 304 367 461 605 778 1507 1774 2136 2589 3148 5786
Minority's Interest 0 0 0 0 -0 -0 -0 -0 -0 0 0
Borrowings 121 188 76 146 119 53 31 0 0 0 0
Other Non-Current Liabilities 27 40 40 46 53 57 61 59 63 77 101
Total Current Liabilities 902 900 1357 1488 1824 1654 1142 1333 1118 1431 1348
Total Liabilities 1354 1495 1935 2285 2774 3271 3009 3527 3770 4656 7235
Fixed Assets 298 328 405 407 489 554 537 531 567 770 993
Other Non-Current Assets 12 55 14 42 50 29 31 35 41 188 607
Total Current Assets 1043 1112 1516 1836 2236 2688 2440 2961 3161 3698 5635
Total Assets 1354 1495 1935 2285 2774 3271 3009 3527 3770 4656 7235

KEI Industries Cash Flow

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 5 5 -164 -27 60 22 119 220 359 480 666
Cash Flow from Operating Activities 199 186 -29 191 623 -13 154 229 514 611 -32
Cash Flow from Investing Activities -17 -98 -63 -76 -275 11 75 -58 -137 -353 -1501
Cash Flow from Financing Activities -182 -87 229 -69 -386 99 -129 -31 -256 -72 1919
Net Cash Inflow / Outflow 0 1 137 45 -38 97 101 139 121 186 386
Closing Cash & Cash Equivalent 5 6 -27 19 22 119 220 359 480 666 1052

KEI Industries Ratios

# Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Earnings Per Share (Rs) 4.43 8.1 12.04 18.47 22.92 28.63 30 41.73 52.93 64.36 72.88
CEPS(Rs) 7.62 11.38 15.69 22.59 27.2 34.97 36.44 47.89 59.26 71.17 80.22
DPS(Rs) 0.4 0.5 0.6 1 1.2 1.5 2 2.5 3 3.5 4
Book NAV/Share(Rs) 39.34 47.01 58.42 76.42 98.11 166.95 196.14 236.18 286.32 347.67 604.51
Core EBITDA Margin(%) 8.32 9.61 9.5 9.69 10.41 10.17 10.89 10.28 10.16 10.52 10.06
EBIT Margin(%) 8.02 8.85 8.84 9.03 9.78 9.35 9.99 9.57 9.8 10.16 10.2
Pre Tax Margin(%) 2.43 3.8 4.45 5.84 6.58 6.71 8.62 8.86 9.29 9.62 9.62
PAT Margin (%) 1.58 2.48 3.31 4.13 4.27 5.24 6.45 6.57 6.91 7.15 7.15
Cash Profit Margin (%) 2.71 3.49 4.31 5.05 5.07 6.4 7.83 7.53 7.74 7.91 7.87
ROA(%) 2.53 4.39 5.46 6.86 7.15 8.48 8.59 11.51 13.08 13.79 11.71
ROE(%) 11.27 18.76 22.91 27.49 26.33 22.59 16.56 19.33 20.27 20.31 15.63
ROCE(%) 23.02 27.51 23.42 23.25 29.3 28.11 21.14 24.1 26.07 27.47 21.47
Receivable days 79.53 75.41 89.74 96.24 91.18 91.8 118.59 87.48 73.53 65.3 62.14
Inventory Days 73.99 62.48 59.37 54.94 53.87 58.13 70.99 58.7 57.64 54.95 57.61
Payable days 58.08 57.81 63.05 60.72 56.2 49.33 54.68 39.42 35.78 32.21 26.03
PER(x) 14.07 12.13 15.15 20.83 18.57 9.35 17.42 30.3 32.11 53.69 39.67
Price/Book(x) 1.59 2.09 3.12 5.04 4.34 1.6 2.66 5.35 5.94 9.94 4.78
Dividend Yield(%) 0.64 0.51 0.33 0.26 0.28 0.56 0.38 0.2 0.18 0.1 0.14
EV/Net Sales(x) 0.46 0.53 0.84 1.09 0.89 0.52 1.14 1.98 2.16 3.77 2.66
EV/Core EBITDA(x) 4.74 5.04 7.88 10.84 8.4 4.96 10.05 18.84 20.34 34.53 24.36
Net Sales Growth(%) 0 15.64 11.8 31.85 22.09 15.52 -14.45 36.96 20.62 17.55 19.89
EBIT Growth(%) 0 28.08 12.33 26.29 30.8 10.44 -8.58 31.14 23.51 21.91 20.32
PAT Growth(%) 0 82.63 49.71 54.61 24.84 41.8 5.21 39.45 26.95 21.68 19.9
EPS Growth(%) 0 82.63 48.63 53.47 24.04 24.96 4.76 39.11 26.83 21.59 13.25
Debt/Equity(x) 1.49 1.37 1.79 1.41 0.77 0.25 0.17 0.16 0.05 0.04 0.03
Current Ratio(x) 1.16 1.24 1.12 1.23 1.23 1.62 2.14 2.22 2.83 2.58 4.18
Quick Ratio(x) 0.67 0.77 0.75 0.86 0.85 1.1 1.47 1.41 1.84 1.65 2.9
Interest Cover(x) 1.44 1.75 2.01 2.83 3.05 3.54 7.29 13.56 19.5 18.79 17.84
Total Debt/Mcap(x) 0.94 0.66 0.57 0.28 0.18 0.15 0.07 0.03 0.01 0 0.01

KEI Industries Shareholding Pattern

# Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025
Promoter 37.1 37.08 37.08 37.08 37.08 37.06 35.02 35.02 35.02 35
FII 27.67 29.57 30.96 31.01 30.76 31.1 29.75 25.83 26.59 25.83
DII 19.55 17.65 16.05 16.31 16.55 16.01 20.72 23.51 25.63 26.71
Public 15.68 15.7 15.91 15.61 15.61 15.83 14.51 15.64 12.76 12.46
Others 0 0 0 0 0 0 0 0 0 0
Total 100 100 100 100 100 100 100 100 100 100

KEI Industries News

KEI Industries Pros & Cons

Pros

  • Company has delivered good profit growth of 22% CAGR over last 5 years
  • Debtor days have improved from 32.21 to 26.03days.
  • Company is almost debt free.

Cons

  • Promoter holding is low: 35%.
  • Stock is trading at 6.8 times its book value.
whatsapp