KEI Industries Limited Share Price & Analysis
Price Chart
Fundamentals
Strengths
- ✓Efficient capital deployment (ROCE 20.1%)
- ✓Virtually debt-free
Peer Comparison
| Company | CMP | Mkt Cap | P/E | P/B | ROE % | ROCE % | D/E |
|---|---|---|---|---|---|---|---|
| HAL Hindustan Aeronautics Limited | ₹4,568 | ₹3.0L Cr | 33 | 7.44 | 24 | 32 | 0 |
| BEL Bharat Electronics Limited | ₹407 | ₹3.0L Cr | 49.4 | 12.41 | 27.6 | 36.5 | 0 |
| ABB ABB India Limited | ₹7,530 | ₹1.6L Cr | 104 | 20.35 | 22.4 | 29.9 | 0.01 |
| TMCV Tata Motors Limited | ₹412 +0.59% | ₹1.5L Cr | 38.6 | 10.71 | 34 | 35.9 | 0.44 |
| CUMMINSIND Cummins India Limited | ₹5,590 | ₹1.5L Cr | 62.3 | 18.27 | 30.2 | 39.5 | 0 |
| BHEL Bharat Heavy Electricals Limited | ₹417 | ₹1.5L Cr | 60.4 | 5.55 | 6.23 | 9.14 | 0.45 |
| CGPOWER CG Power and Industrial Solutions Limited | ₹912 | ₹1.4L Cr | 118 | 18.02 | 20.5 | 26.7 | 0.02 |
Showing 7 peers in the same sector · Sorted by market cap
Shareholding Pattern
KEI · as of Mar 2026
| Category | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Promoters | 37.08% | 37.08% | 37.08% | 37.06% | 35.01% | 35.01% |
| FII | 30.95% | 31.00% | 30.75% | 31.11% | 29.75% | 25.83% |
| DII | 16.05% | 16.30% | 16.56% | 16.01% | 20.72% | 23.51% |
| Public | 15.91% | 15.60% | 15.60% | 15.82% | 14.52% | 15.65% |
Corporate Events
To consider and approve the quarterly financial results for the quarter ended June 30, 2026
To consider and approve, inter-alia, the Audited Standalone and Consolidated Financial Results for the quarter and financial year ended on 31st March, 2026.
Interim Dividend - Rs 4.50 Per Share
Interim Dividend - Rs 4 Per Share
Annual General Meeting
Interim Dividend - Rs 3.50 Per Share
Annual General Meeting
Latest News
All news →KEI Industries receives new credit rating update
*KEI Industries receives new credit rating update*. A recent corporate filing on the NSE indicates a credit rating update for KEI Industries Limited. The rating provides insight into the company's debt repayment capability and financial health. While no immediate financial changes are announced, it may influence investor sentiment slightly. 📊 *STOCKS:* KEI | 🏢 *SECTOR:* CapitalMarkets | #LOWIMPACT #CreditRating
Kotak downgrades Polycab, RR Kabel, KEI to 'Sell'
*Kotak downgrades Polycab, RR Kabel, KEI to 'Sell'* due to stretched valuations and margin concerns. The brokerage cites **P/E ratios above 30x** and weak near-term demand outlook. Lower earnings visibility in the wires and cables sector prompted the negative stance. 📊 *STOCKS:* POLYCAB | RRKABEL | KEI | 🏢 *SECTOR:* CapitalMarkets | #MEDIUMIMPACT #sell-rating
Jefferies picks HAL, BEL, L&T, KEI for growth amid capex boom
*Jefferies names HAL, BEL, L&T, KEI as top picks amid India's capex surge.* The brokerage highlights strong order flows in defence and power sectors, driven by **₹10 lakh crore**+ government capex plans. Earnings visibility and execution track records make these stocks attractive. Long-term infra and defence spending trends remain favorable. 📊 *STOCKS:* HAL | BEL | LT | KEI | 🏢 *SECTOR:* CapitalMarkets | #MEDIUMIMPACT #Defence
Financials
Quarterly Results
| Metric | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | ₹3.0K Cr ▲8.4% | ₹2.7K Cr ▲5.3% | ₹2.6K Cr ▼11.1% | ₹2.9K Cr ▲17.9% | ₹2.5K Cr ▲8.2% | ₹2.3K Cr ▲10.6% | ₹2.1K Cr ▼11.4% | ₹2.3K Cr |
| Op. Profit | ₹320 Cr ▲19.0% | ₹269 Cr ▲4.3% | ₹258 Cr ▼14.3% | ₹301 Cr ▲22.4% | ₹246 Cr ▲9.3% | ₹225 Cr ▲2.7% | ₹219 Cr ▼14.1% | ₹255 Cr |
| OPM | 11.0% ▲10.0% | 10.0% ▲0.0% | 10.0% ▲0.0% | 10.0% ▲0.0% | 10.0% ▲0.0% | 10.0% ▼9.1% | 11.0% ▲0.0% | 11.0% |
| Net Profit | ₹235 Cr ▲15.2% | ₹204 Cr ▲4.1% | ₹196 Cr ▼13.7% | ₹227 Cr ▲37.6% | ₹165 Cr ▲6.5% | ₹155 Cr ▲3.3% | ₹150 Cr ▼10.7% | ₹168 Cr |
| EPS (₹) | 24.57 ▲15.4% | 21.29 ▲3.9% | 20.49 ▼13.6% | 23.71 ▲37.4% | 17.25 ▲0.6% | 17.15 ▲3.0% | 16.65 ▼10.8% | 18.67 |
Values in ₹ Cr · Source: Screener.in
Annual Profit & Loss
| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ₹11.7K Cr ▲20.7% | ₹9.7K Cr ▲20.1% | ₹8.1K Cr ▲17.2% | ₹6.9K Cr ▲20.7% | ₹5.7K Cr ▲36.9% | ₹4.2K Cr ▼14.4% | ₹4.9K Cr ▲15.5% | ₹4.2K Cr ▲22.1% | ₹3.5K Cr ▲31.9% | ₹2.6K Cr |
| Expenses | ₹10.5K Cr ▲20.3% | ₹8.7K Cr ▲20.3% | ₹7.3K Cr ▲17.1% | ₹6.2K Cr ▲20.8% | ₹5.1K Cr ▲38.1% | ₹3.7K Cr ▼15.3% | ₹4.4K Cr ▲15.9% | ₹3.8K Cr ▲21.2% | ₹3.1K Cr ▲32.5% | ₹2.4K Cr |
| Op. Profit | ₹1.2K Cr ▲24.0% | ₹991 Cr ▲18.3% | ₹838 Cr ▲18.7% | ₹706 Cr ▲19.9% | ₹589 Cr ▲27.8% | ₹461 Cr ▼7.2% | ₹497 Cr ▲12.7% | ₹441 Cr ▲30.1% | ₹339 Cr ▲26.0% | ₹269 Cr |
| OPM | 10.0% ▲0.0% | 10.0% ▲0.0% | 10.0% ▲0.0% | 10.0% ▲0.0% | 10.0% ▼9.1% | 11.0% ▲10.0% | 10.0% ▲0.0% | 10.0% ▲0.0% | 10.0% ▲0.0% | 10.0% |
| Other Income | ₹159 Cr ▲120.8% | ₹72 Cr ▲46.9% | ₹49 Cr ▲75.0% | ₹28 Cr ▲86.7% | ₹15 Cr ▼25.0% | ₹20 Cr ▲17.6% | ₹17 Cr ▲142.9% | ₹7 Cr ▼22.2% | ₹9 Cr ▼10.0% | ₹10 Cr |
| Interest | ₹64 Cr ▲14.3% | ₹56 Cr ▲27.3% | ₹44 Cr ▲25.7% | ₹35 Cr ▼12.5% | ₹40 Cr ▼29.8% | ₹57 Cr ▼55.8% | ₹129 Cr ▼5.1% | ₹136 Cr ▲21.4% | ₹112 Cr ▼9.7% | ₹124 Cr |
| Depreciation | ₹91 Cr ▲30.0% | ₹70 Cr ▲14.8% | ₹61 Cr ▲7.0% | ₹57 Cr ▲3.6% | ₹55 Cr ▼5.2% | ₹58 Cr ▲1.8% | ₹57 Cr ▲67.6% | ₹34 Cr ▲6.3% | ₹32 Cr ▲14.3% | ₹28 Cr |
| PBT | ₹1.2K Cr ▲31.5% | ₹937 Cr ▲20.0% | ₹781 Cr ▲21.7% | ₹642 Cr ▲26.4% | ₹508 Cr ▲38.8% | ₹366 Cr ▲11.6% | ₹328 Cr ▲18.0% | ₹278 Cr ▲36.3% | ₹204 Cr ▲61.9% | ₹126 Cr |
| Tax % | 25.0% ▼3.8% | 26.0% ▲0.0% | 26.0% ▲0.0% | 26.0% ▲0.0% | 26.0% ▲4.0% | 25.0% ▲13.6% | 22.0% ▼37.1% | 35.0% ▲20.7% | 29.0% ▲11.5% | 26.0% |
| Net Profit | ₹918 Cr ▲31.9% | ₹696 Cr ▲19.8% | ₹581 Cr ▲21.8% | ₹477 Cr ▲26.9% | ₹376 Cr ▲37.7% | ₹273 Cr ▲6.6% | ₹256 Cr ▲41.4% | ₹181 Cr ▲24.8% | ₹145 Cr ▲54.3% | ₹94 Cr |
| EPS (₹) | 96.07 ▲31.8% | 72.88 ▲13.3% | 64.35 ▲21.6% | 52.93 ▲26.8% | 41.73 ▲37.6% | 30.33 ▲5.9% | 28.64 ▲25.0% | 22.92 ▲24.1% | 18.47 ▲53.4% | 12.04 |
| Div Payout | 5.0% ▲0.0% | 5.0% ▲0.0% | 5.0% ▼16.7% | 6.0% ▲0.0% | 6.0% ▼14.3% | 7.0% ▲40.0% | 5.0% ▲0.0% | 5.0% ▲0.0% | 5.0% ▲0.0% | 5.0% |
Values in ₹ Cr · Source: Screener.in
Balance Sheet
| Item | Sep 2025 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Liabilities | ||||||||||
| Equity Capital | ₹19 Cr ▲0.0% | ₹19 Cr ▲5.6% | ₹18 Cr ▲0.0% | ₹18 Cr ▲0.0% | ₹18 Cr ▲0.0% | ₹18 Cr ▲0.0% | ₹18 Cr ▲12.5% | ₹16 Cr ▲0.0% | ₹16 Cr ▲0.0% | ₹16 Cr |
| Reserves | ₹6.2K Cr ▲7.0% | ₹5.8K Cr ▲84.2% | ₹3.1K Cr ▲21.7% | ₹2.6K Cr ▲21.4% | ₹2.1K Cr ▲20.3% | ₹1.8K Cr ▲18.2% | ₹1.5K Cr ▲95.4% | ₹762 Cr ▲29.4% | ₹589 Cr ▲32.1% | ₹446 Cr |
| Borrowings | ₹235 Cr ▲8.3% | ₹217 Cr ▲30.7% | ₹166 Cr ▲2.5% | ₹162 Cr ▼54.4% | ₹355 Cr ▲16.4% | ₹305 Cr ▼16.9% | ₹367 Cr ▼38.7% | ₹599 Cr ▼28.9% | ₹842 Cr ▲3.6% | ₹813 Cr |
| Other Liabilities | ₹1.6K Cr ▲28.7% | ₹1.2K Cr ▼8.2% | ₹1.3K Cr ▲31.7% | ₹1.0K Cr ▼1.6% | ₹1.0K Cr ▲11.4% | ₹930 Cr ▼33.3% | ₹1.4K Cr ▲0.6% | ₹1.4K Cr ▲79.4% | ₹773 Cr ▲24.3% | ₹622 Cr |
| Total Liabilities | ₹8.0K Cr ▲10.7% | ₹7.2K Cr ▲55.4% | ₹4.7K Cr ▲23.5% | ₹3.8K Cr ▲6.9% | ₹3.5K Cr ▲17.0% | ₹3.0K Cr ▼7.8% | ₹3.3K Cr ▲18.3% | ₹2.8K Cr ▲24.5% | ₹2.2K Cr ▲17.1% | ₹1.9K Cr |
| Assets | ||||||||||
| Fixed Assets | ₹1.1K Cr ▲13.6% | ₹993 Cr ▲29.0% | ₹770 Cr ▲35.8% | ₹567 Cr ▲6.8% | ₹531 Cr ▼1.1% | ₹537 Cr ▼3.1% | ₹554 Cr ▲13.3% | ₹489 Cr ▲20.1% | ₹407 Cr ▲0.5% | ₹405 Cr |
| CWIP | ₹1.1K Cr ▲173.0% | ₹385 Cr ▲218.2% | ₹121 Cr ▲706.7% | ₹15 Cr ▼11.8% | ₹17 Cr ▲142.9% | ₹7 Cr ▼36.4% | ₹11 Cr ▼65.6% | ₹32 Cr ▲39.1% | ₹23 Cr ▲666.7% | ₹3 Cr |
| Investments | ₹2 Cr ▲0.0% | ₹2 Cr ▲0.0% | ₹2 Cr ▲100.0% | ₹1 Cr ▼50.0% | ₹2 Cr ▲100.0% | ₹1 Cr ▲0.0% | ₹1 Cr ▼50.0% | ₹2 Cr ▼33.3% | ₹3 Cr ▲0.0% | ₹3 Cr |
| Other Assets | ₹5.8K Cr ▼0.5% | ₹5.9K Cr ▲55.5% | ₹3.8K Cr ▲18.1% | ₹3.2K Cr ▲7.0% | ₹3.0K Cr ▲20.6% | ₹2.5K Cr ▼8.7% | ₹2.7K Cr ▲20.6% | ₹2.2K Cr ▲25.5% | ₹1.8K Cr ▲20.3% | ₹1.5K Cr |
| Total Assets | ₹8.0K Cr ▲10.7% | ₹7.2K Cr ▲55.4% | ₹4.7K Cr ▲23.5% | ₹3.8K Cr ▲6.9% | ₹3.5K Cr ▲17.0% | ₹3.0K Cr ▼7.8% | ₹3.3K Cr ▲18.3% | ₹2.8K Cr ▲24.5% | ₹2.2K Cr ▲17.1% | ₹1.9K Cr |
Values in ₹ Cr · Source: Screener.in
Cash Flow Statement
| Item | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating CF | ₹-32 Cr ▼105.2% | ₹610 Cr ▲18.7% | ₹514 Cr ▲124.5% | ₹229 Cr ▲48.7% | ₹154 Cr ▲1284.6% | ₹-13 Cr ▼102.1% | ₹623 Cr ▲226.2% | ₹191 Cr ▲758.6% | ₹-29 Cr ▼115.6% | ₹186 Cr |
| Investing CF | ₹-1.5K Cr ▼325.2% | ₹-353 Cr ▼157.7% | ₹-137 Cr ▼136.2% | ₹-58 Cr ▼177.3% | ₹75 Cr ▲581.8% | ₹11 Cr ▲104.0% | ₹-275 Cr ▼261.8% | ₹-76 Cr ▼20.6% | ₹-63 Cr ▲35.7% | ₹-98 Cr |
| Financing CF | ₹1.9K Cr ▲2765.3% | ₹-72 Cr ▲71.9% | ₹-256 Cr ▼725.8% | ₹-31 Cr ▲76.0% | ₹-129 Cr ▼230.3% | ₹99 Cr ▲125.6% | ₹-386 Cr ▼459.4% | ₹-69 Cr ▼130.1% | ₹229 Cr ▲363.2% | ₹-87 Cr |
| Net Cash Flow | ₹386 Cr ▲107.5% | ₹186 Cr ▲53.7% | ₹121 Cr ▼12.9% | ₹139 Cr ▲37.6% | ₹101 Cr ▲4.1% | ₹97 Cr ▲355.3% | ₹-38 Cr ▼184.4% | ₹45 Cr ▼67.2% | ₹137 Cr ▲13600.0% | ₹1 Cr |
| Free Cash Flow | ₹-726 Cr ▼445.7% | ₹210 Cr ▼49.5% | ₹416 Cr ▲146.2% | ₹169 Cr ▲29.0% | ₹131 Cr ▲240.9% | ₹-93 Cr ▼118.6% | ₹501 Cr ▲297.6% | ₹126 Cr ▲238.5% | ₹-91 Cr ▼203.4% | ₹88 Cr |
Values in ₹ Cr · Source: Screener.in
Key Ratios History
| Metric | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 67d ▼1.5% | 68d ▼6.8% | 73d ▼18.0% | 89d ▼24.6% | 118d ▲15.7% | 102d ▲8.5% | 94d ▼13.0% | 108d ▼5.3% | 114d ▲29.5% | 88d |
| Inventory Days | 87d ▲3.6% | 84d ▲6.3% | 79d ▼17.7% | 96d ▼6.8% | 103d ▲0.0% | 103d ▲8.4% | 95d ▼2.1% | 97d ▼14.9% | 114d ▲20.0% | 95d |
| Days Payable | 39d ▼38.1% | 63d ▲16.7% | 54d ▼20.6% | 68d ▼31.3% | 99d ▼28.8% | 139d ▲0.0% | 139d ▲26.4% | 110d ▲0.0% | 110d ▲13.4% | 97d |
| Cash Conv. Cycle | 115d ▲29.2% | 89d ▼10.1% | 99d ▼15.4% | 117d ▼3.3% | 121d ▲83.3% | 66d ▲34.7% | 49d ▼48.4% | 95d ▼20.2% | 119d ▲38.4% | 86d |
| Working Capital Days | 89d ▲25.4% | 71d ▼11.3% | 80d ▼1.2% | 81d ▼13.8% | 94d ▲54.1% | 61d ▲221.1% | 19d ▼32.1% | 28d ▲64.7% | 17d ▼46.9% | 32d |
| ROCE | 21.0% ▼22.2% | 27.0% ▲3.8% | 26.0% ▲8.3% | 24.0% ▲14.3% | 21.0% ▼25.0% | 28.0% ▼3.4% | 29.0% ▲26.1% | 23.0% ▲0.0% | 23.0% ▼17.9% | 28.0% |
Source: Screener.in · Lower days = better efficiency
Deep Dive Analysis
About KEI Industries Limited
Incorporated in 1968, KEI Industries Ltd manufactures wires and cables (W&C) like EHV cables, HT cables, LT cables, and sells them in India and overseas[1]
Capital Goods · Industrial Products