KEI INDUSTRIES LTD.

KEI Industries Limited reported a net sales increase of 23% in Q1 FY27, reaching INR 3,185 crores compared to INR 2,590 crores in the previous year. The total wire and cable sales grew by 24.4%, with operating margins improving to 12.43% due to a favorable product mix and operational efficiencies. EBITDA rose by 39.5% to INR 415 crores, while profit after tax increased by 40% to INR 274 crores. Domestic wire and cable sales were INR 2,784 crores, reflecting a 29% growth, although export sales decreased to INR 341 crores due to geopolitical issues. Management indicated a pending order book of INR 4,292 crores and highlighted a capital expenditure plan of INR 600-700 crores annually for the next few years. The company expressed confidence in achieving over 20% growth in the coming years, driven by strong demand across various sectors.

Management expressed confidence in growth driven by strong demand and improved operational efficiencies.