KEI Industries Limited
KEI Industries Limited operates in Cables - Electricals, part of the Capital Goods sector. It booked ₹3,776 cr of revenue in its latest quarter (Q2 FY27) and kept 6.9% of sales as profit. It is the 2nd largest of 9 Cables - Electricals companies we track, by market value.
| Segment | FY24 | FY25 | FY26 | Share |
|---|---|---|---|---|
| Segment-Cables & Wires | 7,326 | 9,177 | 11,221 | 84% → 94% |
| Segment-EPC Projects | 313 | — | — | — |
| Segment-Stainless Steel Wire | 222 | 216 | 217 | 3% → 2% |
| Segment-EPC Project | 902 | 656 | 561 | 10% → 5% |
| Total | 8,763 | 10,049 | 11,999 |
From the company's consolidated segment filings (Ind AS 108). Margin is segment operating profit (before interest & tax) over segment revenue; reconciliation rows like inter-segment eliminations are excluded from the mix.
Healthier than 63% of companies in Capital Goods, on all six measures of filed financials. Each measure is ranked against the 81–127 companies that reported it.
Measures financial condition, not whether to buy. Learn what this score means · How this is calculated
- RSI (14)
- 33
At close. Not part of the score.
How much profit it earns on the money it employs
How much it owes, and whether earnings cover the interest
Whether reported profit actually arrives as cash
Whether sales and profit have grown, and how steadily
What today's price implies, against our models or its peers
How much of the promoters' stake is pledged, and how much they hold
What if I invest in KEI?
Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.
The starting rate is a round number, not a view on this company — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.
P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-11-04.
An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.
| Revenue from Operations | ₹3,776 cr |
| Other Income | ₹25 cr |
| Total Income | ₹3,801 cr |
| Cost of Materials | ₹3,241 cr |
| Purchases of Stock-in-Trade | ₹3 cr |
| Inventory Change (±) | ₹-305 cr |
| Employee Benefit Expense | ₹103 cr |
| Finance Costs | ₹17 cr |
| Depreciation & Amortisation | ₹31 cr |
| Other Expenses | ₹357 cr |
| Total Expenses | ₹3,448 cr |
| Profit before Tax | ₹353 cr |
| Tax Expense | ₹91 cr |
| Net Profit | ₹262 cr |
| Net margin on total income | 6.9% |
| Metric | Q4 FY26 | Q1 FY27 | Q2 FY27 |
|---|---|---|---|
| Revenue | 3,476 cr | 3,185 cr | 3,776 cr |
| Total income | 3,519 cr | 3,205 cr | 3,801 cr |
| Expenses | 3,142 cr | 2,836 cr | 3,448 cr |
| Profit before tax | 377 cr | 369 cr | 353 cr |
| Tax | 93 cr | 95 cr | 91 cr |
| Net profit (owners' share) | 284 cr | 274 cr | 262 cr |
| Net margin (owners' share, on revenue) | 8.2% | 8.6% | 6.9% |
| EPS (₹) | 29.74 | 28.68 | 27.45 |
| Company | Price | Market cap | P/E | ROE | Net margin | 1-yr return |
|---|---|---|---|---|---|---|
| Polycab India Limited | ₹7,837 | ₹1.18 L cr | 30.2 | 29.9% | 9.9% | — |
| KEI Industries Limitedthis company | ₹3,881 | ₹37,106 cr | 35.3 | 14.6% | 6.9% | — |
| R R Kabel Limited | ₹2,001 | ₹22,646 cr | 31.3 | 23.8% | 5.5% | — |
| Finolex Cables Limited | ₹1,140 | ₹17,438 cr | 17.5 | 16.4% | 12.4% | — |
| Universal Cables Limited | ₹1,233 | ₹4,277 cr | 15.2 | 14.8% | 7.4% | — |
| Laser Power & Infra Limited | ₹218 | ₹2,510 cr | 30.3 | — | 4.0% | — |
| Lumino Industries Limited | ₹94 | ₹2,296 cr | 14.3 | — | 7.7% | — |
| Paramount Communications Limited | ₹62 | ₹2,021 cr | 20.9 | 10.5% | 4.3% | — |
| Dynamic Cables Limited | ₹330 | ₹1,601 cr | 18.1 | 17.6% | 6.1% | — |
| Action | Detail | Ex-date |
|---|---|---|
| Dividend | ₹4.5 / share | 28 Jan 2026 |
| Dividend | ₹4 / share | 27 Jan 2025 |
| Dividend | ₹3.5 / share | 19 Mar 2024 |
| Dividend | ₹3 / share | 3 Feb 2023 |
| Dividend | ₹2.5 / share | 7 Feb 2022 |
| Dividend | ₹2 / share | 9 Mar 2021 |
A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.
Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.
Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.
Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.
When a company raises money from investors, it has to say up front what the money is for. The rules then make it report, every three months until the money is gone, how much of each of those things it has actually paid for — so a promise made while asking for the money can be checked afterwards.
As of Sep 2026, the company says it has spent 96% of what it set aside, leaving ₹78 cr still to be spent. CARE Ratings Limited watches the spending on the exchange’s behalf.
Every figure above is taken from the statement the company files with the stock exchange each quarter, for as long as money it has raised remains unspent. The only thing we work out is how much of each stated purpose has been paid for — one number divided by another from the same filing. Whether a plan that changed was a good change is not something a filing can tell you. See the filing