KEI · NSE
KEI Industries Limited
₹4,650
+1.97% (+₹90)
Prev. close
₹4,560
Volume
5,73,397
Delivery %
53.5%
As of
18 Sept 2026
Price history
Analyst sentiment
Analysts lean bullish
1 analyst stance · last 90 days · one per analyst
Trackable
1 · 1 bull / 0 neutral / 0 bear
Long-Horizon
none in window
Commentary
none in window
Trackable = verdict-bearing calls · Long-Horizon = 1yr+ horizon, verdict pending · Commentary = context, not graded
Analyst opinions
| Call | Analyst | Instrument | Verdict | Actions |
|---|---|---|---|---|
| “Bullish on KEI Industries, recommending a buy with a target price of ₹6,200 and a stop loss of ₹5,700. The stock is at a…” | Chandan TapariaMotilal Oswal Financial Services Ltd | KEI Industries | PENDING | |
| “Bullish on KEI Industries, recommending a buy with a target price of ₹5,930 and a stop-loss at ₹5,425. The stock has sho…” | Chandan TapariaMotilal Oswal Financial Services Ltd | KEI Industries | PENDING |
Fundamentals
About KEI Industries Limited
KEI Industries Limited manufactures, markets, and sells wires and cables in India and internationally. It operates in three segments: Cable & Wires; Engineering, Procurement and Construction; and Stainless Steel Wire. The company offers extra-high voltage, high tension, and low-tension power cables; control and instrumentation cables; specialty, single-core, and multi-core flexible cables; elastomeric/rubber and solar cables; fire survival/resistant cables; flat, EV charging, ESP, and medium voltage covered conductor cables; conflame green + wires; communication and thermocouple cables; and submersible marine and offshore cables, as well as stainless steel, winding, and house wires. It also provides engineering, procurement, and construction solutions in the areas of gas-insulated GIS, and air-insulated substations AIS; overhead and underground power transmission and distribution systems; and railway electrification/substation on a turnkey basis, as well as project management services. The company exports its products to approximately 60 countries. It serves the power, refinery, railway, automobile, cement, steel, fertilizer, textile, real estate, infrastructure, oil and gas, defense, chemical, metal, IT, pharma, manufacturing, renewables energy, non-metal, data center, consumer durable, government, public, private, and other sectors through dealers and distributors. The company was founded in 1968 and is headquartered in New Delhi, India.
Details
Sector
Industrials
Industry
Electrical Equipment & Parts
CEO
Mr. Anil Gupta
Headquarters
New Delhi
Employees
2,197
Website
kei-ind.comExchange
View on NSE ↗Key stats
Market cap
₹43,593.87 Cr
P/E ratio (TTM)
43.3
Dividend yield
0.10%
EPS (TTM)
₹105.34
Beta (1Y · daily vs NIFTY 50)
1.17
Beta (5Y · monthly vs NIFTY 50)
1.31
Shares float
6.19 Cr
EPS · quarter ended Jun 2026
₹28.66
Upcoming earnings
14 Oct 2026
Financial Performance
01 · Financials
Revenue for Mar 2021–Mar 2022 is as filed with BSE (consolidated), and the first plotted growth figure is computed against Mar 2020 revenue as filed with BSE; the two sources' revenue definitions differ by 0.9% on Mar 2023. FY21 growth needs FY20 filings, which the data source doesn't provide.
02 · Earnings Per Share (EPS)
03 · Dividend Profile
Growth compares completed fiscal-year dividend totals on the company's own calendar: April–March (Indian FY), taken from its reported period-ends. Payout ledger: NSE corporate actions.
04 · Operating Efficiency (Growth Rates)
Balance-sheet-based · pre-FY23 not filed in verifiable form
05 · Capital Structure & Asset Utilization
Pre-FY23 not filed in verifiable form
Asset turnover needs a prior year of assets — omitted for the earliest available year.
06 · Asset Base Composition
Pre-FY23 not filed in verifiable form
07 · Debt Level & Coverage
Pre-FY23 not filed in verifiable form
08 · Profit & Loss
Annual
| Line item | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| ₹4,181.54 Cr | ₹5,726.55 Cr | ₹6,912.33 Cr | ₹8,104.08 Cr | ₹9,735.88 Cr | ₹11,747.77 Cr | |
| EBITDA | ₹480.55 Cr | ₹603.34 Cr | ₹733.79 Cr | ₹886.35 Cr | ₹1,062.76 Cr | ₹1,387.60 Cr |
| ₹273.31 Cr | ₹376.02 Cr | ₹477.35 Cr | ₹580.74 Cr | ₹696.41 Cr | ₹918.43 Cr | |
| Diluted EPS | ₹30.18 | ₹41.56 | ₹52.86 | ₹64.25 | ₹75.55 | ₹96.02 |
09 · Balance Sheet
Annual
| Line item | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| ₹3,014.00 Cr | ₹3,527.00 Cr | ₹3,770.00 Cr | ₹4,656.00 Cr | ₹7,235.00 Cr | ₹8,956.00 Cr | |
| — | — | ₹161.83 Cr | ₹166.23 Cr | ₹217.21 Cr | ₹253.02 Cr | |
| Stockholders' equity | ₹1,778.00 Cr | ₹2,136.00 Cr | ₹2,589.00 Cr | ₹3,148.00 Cr | ₹5,786.00 Cr | ₹6,665.00 Cr |
Inventory, Total debt, Long-term debt, Current (short-term) debt, Others have filed figures for only some of the years shown — no further verified source covers the rest, so those years are left blank rather than estimated.
Annual only — the data source doesn’t publish quarterly balance-sheet detail for most NSE-listed companies.
10 · Cash Flow Statement
Annual
| Line item | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| ₹154.00 Cr | ₹229.00 Cr | ₹514.00 Cr | ₹610.00 Cr | ₹-32.00 Cr | ₹840.00 Cr | |
| Investing cash flow | ₹75.38 Cr | ₹-58.39 Cr | ₹-137.13 Cr | ₹-352.60 Cr | ₹-1,500.72 Cr | ₹-349.51 Cr |
| ₹-129.00 Cr | ₹-31.00 Cr | ₹-256.00 Cr | ₹-72.00 Cr | ₹1,919.00 Cr | ₹-98.00 Cr | |
| Capital expenditure | ₹-24.00 Cr | ₹-59.73 Cr | ₹-97.94 Cr | ₹-400.49 Cr | ₹-691.29 Cr | ₹-1,253.58 Cr |
| End cash position | ₹220.16 Cr | ₹359.03 Cr | ₹479.90 Cr | ₹666.08 Cr | ₹1,051.74 Cr | ₹1,444.04 Cr |
Annual only — the data source has no quarterly cash-flow-statement coverage.
11 · Shareholding Pattern
NSE, quarterly
| Line item | Sep 21–Jun 22(4Q) | Sep 22 | Dec 22 | Mar 23 | Jun 23 | Sep 23–Jun 24(4Q) | Sep 24 | Nov 24–Jun 25(4Q) | Sep 25–Jun 26(4Q) |
|---|---|---|---|---|---|---|---|---|---|
| Promoter | 38.02% | 37.99% | 37.32% | 37.21% | 37.10% | 37.08% | 37.06% | 35.02% | 35.00% |
| Public | 61.98% | 62.01% | 62.68% | 62.79% | 62.90% | 62.92% | 62.94% | 64.98% | 65.00% |
| Employee trusts | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Source: NSE quarterly shareholding-pattern filings, collapsed to periods where the reported percentages held steady — a column spanning several quarters means no change was filed across them. No FII/DII sub-split available from this source — Public includes all non-promoter, non-employee-trust holders.
12 · Peer Comparison
Industrials
| Company | ||||||||
|---|---|---|---|---|---|---|---|---|
| Larsen & Toubro Limited | ₹5.24 L Cr | ₹3,836.2 | 31.6 | 4.79 | 14.7% | 1.15 | +11.8% | +4.1% |
| Adani Ports and Special Economic Zone Limited | ₹4.00 L Cr | ₹1,824 | 29.4 | 4.17 | 13.3% | 0.66 | +27.1% | +29.1% |
| Hindustan Aeronautics Limited | ₹3.20 L Cr | ₹4,800.3 | 34.3 | 7.80 | 22.2% | 0.00 | +5.6% | -1.2% |
| Bharat Electronics Limited | ₹2.82 L Cr | ₹395.45 | 46.0 | 11.75 | 25.3% | 0.00 | +15.9% | -4.1% |
| InterGlobe Aviation Limited | ₹1.87 L Cr | ₹4,920 | — | 26.87 | -34.3% | 11.15 | +6.6% | -13.9% |
| ABB India Limited | ₹1.51 L Cr | ₹7,270.5 | 95.5 | 19.28 | 21.3% | 0.01 | +8.1% | +33.7% |
| Bharat Heavy Electricals Limited | ₹1.43 L Cr | ₹429.2 | 58.8 | 5.47 | 6.1% | 0.31 | +18.3% | +83.2% |
| Hitachi Energy India Limited | ₹1.39 L Cr | ₹32,700 | 121.7 | 26.89 | 19.1% | 0.02 | +27.2% | +68.7% |
| Cummins India Limited | ₹1.39 L Cr | ₹5,099.5 | 57.8 | 16.42 | 27.9% | 0.00 | +16.9% | +24.3% |
| CG Power and Industrial Solutions Limited | ₹1.39 L Cr | ₹892 | 107.6 | 17.39 | 15.1% | 0.01 | +25.1% | +13.7% |
| Siemens Limited | ₹1.33 L Cr | ₹3,763.5 | 78.8 | 10.07 | 15.9% | 0.01 | +16.2% | +13.3% |
| KEI Industries Limited | ₹43,765.95 Cr | ₹4,578 | 43.9 | 6.57 | 13.8% | 0.04 | +20.5% | +11.8% |
Ranked by market cap within Industrials, same metrics as the Fundamentals screener. Click a column to sort.
Documents
Annual reports
Show all 28
Concall transcripts
Show all 11
Official documents linked from their sources — offer documents as filed with SEBI (sebi.gov.in), annual reports and earnings-call transcripts as published on BSE (bseindia.com) and NSE (nseindia.com). Links open the source's own hosting; nothing is re-hosted here.
Index membership
41 indices
NSE weights are a free-float market-cap-share estimate, not NSE’s own published (and sometimes capped) index weight. BSE weights are BSE’s own published index weight, not an estimate. Indices without weight data are listed without one, in alphabetical order after the weighted ones.
Jefferies stock picks: Paytm, Vodafone Idea and KEI Industries get Buy ratings; up to 34% upside
Jefferies maintained a Buy rating on KEI Industries but lowered its target price to Rs 6,150 from Rs 6,920. The brokerage cited potential increased competition in the retail segment but noted growth opportunities in international markets and India's power transmission sector. KEI's retail segment accounts for 54% of its business.
Jefferies cuts KEI Industries target price by 11%. Will UltraTech’s entry put the company at risk?
economictimes.indiatimes.com · 8 days ago