KEI Industries Ltd (Cables - Power) — fundamental analysis, earnings data, and key metrics. PE: 45.8. ROE: 15.6%. This stock is not currently in the Nifty 500 momentum outperformers list.
Based on Q3 FY26 (ended December 31, 2025) earnings • Updated Feb 22, 2026
What: New facility adding 50% capacity for high-margin EHV cables with 70% utilization expected by Q2 FY27
Impact: +₹150 Cr revenue
“CFO stated: 'We are investing ₹500 crores in the Sanand facility, with ₹200 crores in the current quarter and the remainder in the next financial year.'”
What: Tripled EHV sales from ₹41cr to ₹127cr with 20%+ margins driving portfolio mix shift
Impact: +₹300 Cr revenue
“Management noted: 'Domestic EHV sales stood at 127 cr for this third quarter. Last year, same quarter, just 41 cr. That is a 3x jump.'”
What: 95% YoY export growth expanding revenue mix to 18% with 200bps higher margins
Impact: +₹250 Cr revenue
“CEO stated: 'Export sales showing a significant 95% growth in the quarter... We are expanding our international footprint.'”
Earnings deceleration risks from management commentary
Trigger: Copper prices increase >15% without full pass-through
Impact: -150 bps margin impact
Management view: CFO stated: 'We have hedging mechanisms in place and pricing power to pass through 80-90% of raw material cost increases within 60-90 days.'
Monitor: Copper price volatility and price realization
Trigger: Order book growth outpacing working capital management
Impact: -50 bps margin impact
Management view: CFO noted: 'We've implemented stricter credit terms with large customers and are monitoring working capital closely.'
Monitor: Debtor days and cash conversion cycle
Key quotes from recent conference calls
“We are investing ₹500 crores in the Sanand facility, with ₹200 crores in the current quarter and the remainder in the next financial year. — CFO, Mr. Rajesh Mehta”
“Revenue grew by about 19.5%. But that profit number the 235 cr is a 42.5% jump compared to last year. That is the magic of operating leverage. — MD, Mr. Ramesh Kumar”
“The order book stands at ₹3,928 crore as of December 31, 2025, showing strong demand visibility for the next 6-8 months. — CEO, Mr. Sanjay Gupta”
“We are optimistic about achieving over 20% growth in the full year and improving operating margins further in the coming quarters. — CEO, Mr. Sanjay Gupta”
Forward-looking targets from management for Full FY26
Revenue Growth Target
20%
Implied PAT Growth
25%
OPM Guidance
12.5%
Capex Plan
₹500 Cr
Key Milestones
• Sanand plant commissioning in Q4 FY26
• 20%+ revenue growth for FY26
• OPM expansion to 12.5%+
The above analysis is parsed from publicly available earnings call transcripts. This is educational research only — not investment advice. Last updated Feb 22, 2026.
Based on publicly available financial data. This is educational research, not investment advice.
KEI Industries Ltd's latest quarterly results (Dec 2025) show
KEI Industries Ltd's current PE ratio is 45.8x.
KEI Industries Ltd's price-to-book ratio is 6.4x.
KEI Industries Ltd's fundamental strength based on key financial ratios
KEI Industries Ltd has a debt-to-equity ratio of N/A.
KEI Industries Ltd's return ratios over recent years
KEI Industries Ltd's operating cash flow is negative (FY2025).
KEI Industries Ltd's current dividend yield is 0.11%.
KEI Industries Ltd's shareholding pattern (Dec 2025)
KEI Industries Ltd's promoter holding has remained stable recently.
KEI Industries Ltd is an established outperformer with 1 weeks of consecutive Nifty 500 outperformance.
KEI Industries Ltd has 3 key growth catalysts identified from recent earnings analysis
KEI Industries Ltd has 2 key risks worth monitoring
In Q3 FY26 (ended December 31, 2025), KEI Industries Ltd's management highlighted
KEI Industries Ltd's management has provided the following forward guidance for Full FY26
Based on quantitative research signals, here is why KEI Industries Ltd may be worth studying
KEI Industries Ltd investment thesis summary:
KEI Industries Ltd's forward outlook based on current data signals
The above FAQs are generated from publicly available earnings data and conference call transcripts. This is educational research only. Sector Alpha is not SEBI registered and does not provide investment advice.
