# KEI Industries share price today (KEI Industries Ltd, NSE: KEI)

> KEI Industries share price today: ₹3,881.40 at the NSE close on 3 November 2026, down 3.7% in a year. KEI Industries (NSE: KEI) is worth ₹37,123 crore, trades at a P/E of 35.2 and has closed between ₹3,725.00 and ₹5,700.00 over the past 52 weeks. > KEI Industries Ltd's earnings have grown faster than its share price. Earnings per share grew +31.8% in a year while the price moved −3.7%. KEI · Cables - Power · data as of 3 November 2026. Page: https://www.sectoralpha.in/stocks/kei-industries-ltd

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## Key numbers

- Business trend: Growing steadily, from the last 12 quarters
- Price: ₹3,881.40 (−3.7% in a year)
- P/E: 35.2× (higher than 62% of the last 11 years)
- Revenue (Sep 2026): ₹3,776 Cr (+38.5% on a year ago)
- Profit (Sep 2026): ₹262 Cr (+28.4% on a year ago)
- Operating margin: 10.0% (flat on a year ago)
- ROCE: 20%, FY26
- ROIC: 16.2%, against a 12.0% cost of capital: +4.2 points

The main question: yearly earnings per share moved +31.8% while the share price moved −3.7%. ## What is the KEI Industries share price today? KEI Industries Ltd's share price was ₹3,881.40 at the close on 3 November 2026. It has been falling for 1 week. That is 17.9% below its average price over the last 200 trading days. In the last 52 weeks it traded between ₹3,725 and ₹5,700, and at that close it sat 8% of the way up from that low. Over the past 13 weeks it has done worse than the NIFTY 500, and it has been behind for 12 weeks running. Over the last 11 years the share price moved +4,191% while the NIFTY 500 moved +257%, so it is ahead of the index over that whole period. It was last ahead over 13 weeks in the week of 14 August 2026. The chart above shows the 13-week comparison for every week. This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row. ## What changed at KEI Industries this quarter? Three changes stood out: revenue up on a year earlier for 12 quarters in a row (every quarter we can compare), profit up on a year earlier for 12 quarters in a row (every quarter we can compare) and highest quarterly revenue in 16 quarters. 1. Revenue up on a year earlier for 12 quarters in a row (every quarter we can compare) In the September 2026 quarter revenue was ₹3,776 crore, +38.5% on a year earlier. Why: Revenue rose because demand for wires and cables was strong from data centres, power transmission, renewables, housing and other projects. Next results: check whether Sanand output and Phase 2 start improve sales and whether extra-high-voltage cable sales pick up after approvals. From the earnings call on 22 Oct 2026. 2. Profit up on a year earlier for 12 quarters in a row (every quarter we can compare) In the September 2026 quarter profit was ₹262 crore, +28.4% on a year earlier. Why: Profit rose because the company sold much more wire and cable in India. Next results: check whether reported margins recover toward the yearly path. From the earnings call on 22 Oct 2026. 3. Highest quarterly revenue in 16 quarters Revenue of ₹3,776 crore in the September 2026 quarter is the highest of the last 16 quarters. Why: Revenue hit a record because demand for wires and cables was strong from data centres, power transmission, renewables, housing and other projects. From the earnings call on 22 Oct 2026. ## What are KEI Industries' latest quarterly results? For July to September 2026 (the quarter ended 30 September 2026), KEI Industries reported revenue of ₹3,776 crore, up 38.5% from ₹2,726 crore a year earlier, and a profit of ₹262 crore, up 28.4% from ₹204 crore. ### KEI Industries results: July to September 2026 against a year earlier

| Measure | July to September 2026 | July to September 2025 | Change |
| --- | --- | --- | --- |
| Revenue | ₹3,776 crore | ₹2,726 crore | +38.5% |
| Profit | ₹262 crore | ₹204 crore | +28.4% |
| Earnings per share | ₹27.45 | ₹21.29 | +28.9% |
| Operating margin | 10.0% | 10.0% | 0.0 points |

The next results, for October to December 2026, are due by 14 February 2027: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter). KEI Industries' management discussed these results on a call held on 22 October 2026; what it said is further down this page. (From the company's reported quarterly results (quarter ended 30 September 2026). Revenue and profit in ₹ crore.)

## What is the KEI Industries share price history? KEI Industries closed at ₹3,881.40 on 3 November 2026, down 3.7% from ₹4,032.00 a year earlier (31 October 2025) and up 300.4% over five years. Its highest weekly close since February 2016 was ₹5,700.00 on 14 August 2026. ### KEI Industries share price: then and now

| When | Close | Change to 3 Nov 2026 |
| --- | --- | --- |
| 1 week ago · 23 Oct 2026 | ₹3,725.00 | +4.2% |
| 1 month ago · 1 Oct 2026 | ₹4,502.00 | −13.8% |
| 6 months ago · 30 Apr 2026 | ₹4,857.50 | −20.1% |
| 1 year ago · 31 Oct 2025 | ₹4,032.00 | −3.7% |
| 3 years ago · 3 Nov 2023 | ₹2,570.00 | +51.0% |
| 5 years ago · 4 Nov 2021 | ₹969.50 | +300.4% |
| 10 years ago · 4 Nov 2016 | ₹114.75 | +3,282.5% |
| Earliest and lowest weekly close in our records · 26 Feb 2016 | ₹90.45 | +4,191.2% |
| Highest weekly close since February 2016, also the 52-week high · 14 Aug 2026 | ₹5,700.00 | −31.9% |
| 52-week low (weekly close) · 23 Oct 2026 | ₹3,725.00 | +4.2% |

Weekly closing prices. Each change is the move from that price to the 3 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes. (565 weekly closes from 26 February 2016 to 3 November 2026.)

## What is the latest news on KEI Industries? 3 Nov 2026: KEI Industries closed at ₹3,881.40, up 4.2% on the week and down 13.8% on the month. 22 Oct 2026: KEI Industries held its results call for July to September 2026. Management guided: FY27 revenue growth above 25% and 20% yearly growth over the next 3-4 years. ### Earlier

- Results for July to September 2026: Revenue up 38.5% and profit up 28.4% on a year earlier. - 28 Jan 2026: ex-date for an interim dividend of ₹4.50 a share. ## What dividend does KEI Industries pay? KEI Industries paid ₹4.50 a share in regular dividends in the 12 months to 4 November 2026 (1 payment), a yield of 0.12% at the ₹3,881.40 close on 3 November 2026. The last was an interim dividend of ₹4.50 a share, ex-date 28 January 2026. ### KEI Industries dividends since 1 April 2021

| Ex-date | Dividend per share | Type | Record date |
| --- | --- | --- | --- |
| 28 Jan 2026 | ₹4.50 | Interim | same day |
| 27 Jan 2025 | ₹4 | Interim | same day |
| 19 Mar 2024 | ₹3.50 | Interim | same day |
| 3 Feb 2023 | ₹3 | Interim | same day |
| 7 Feb 2022 | ₹2.50 | Interim | 8 Feb 2022 |

Amounts as the company declared them on the NSE. A dividend goes to whoever owns the shares before the ex-date. 5 of 5 Of the last 5 financial years, years with an NSE dividend record

Yes. KEI Industries Ltd paid out 5% of its profit as dividends in FY26, and it paid a dividend in each of its last 13 reported years. (From the NSE corporate-actions record, read 4 November 2026.)

## What did KEI Industries management say on the latest results call? On the call for July to September 2026, held on 22 October 2026, KEI Industries' management guided: FY27 revenue growth above 25% and 20% yearly growth over the next 3-4 years. > “Therefore, whatever growth we achieve will be in value terms. That is why we are repeatedly emphasizing value terms, because growth requires capital.”
> Rajiv Gupta, on the call for July to September 2026

### What management guided

- FY27 operating margin 11%-11.5%, progressing toward 12% over FY27-FY28 as Sanand ramps. - Capital spending approximately ₹600 crore annually for the next 3-4 years, including roughly ₹200 crore of Sanand spend in H2; maintenance capital spending ₹100-150 crore and growth capital spending ₹450-500 crore over the next 4-5 years. - Inventory expected to return to its earlier level by fiscal year-end and to 90 days of COGS by March 2027. - ₹991 crore export order book expected to be executed within 3-4 months. Management’s own plans and goals, from our notes of the call. A plan is not a result. Source: [the call transcript](https://files.tijorifinance.com/insight/india/2021/Conference Call/CC-Oct26.pdf). (From the call for July to September 2026, 22 October 2026.)

## What to watch in KEI Industries' next results? When KEI Industries reports October to December 2026, these are the 3 checks that show whether the story is still on course. First: Track Sanand output and Phase 2 commissioning, then test for the stated EHV sales pickup after approvals. - What to check (from the call)
- Track Sanand output and Phase 2 commissioning, then test for the stated EHV sales pickup after approvals. - Monitor export order execution and replenishment by new bookings against the strong US demand commentary. - Check whether inventory normalizes by fiscal year-end without increased reliance on creditors. ## Which stock lists is KEI Industries on? KEI Industries is on 3 of our India lists: 52 week high & low, Small & mid cap stocks and Power & green energy stocks. - [52 week high & low 52-week position: Near 52-week low](https://www.sectoralpha.in/52-week-high-stocks-india)
- [Small & mid cap stocks Size rank in India: 240](https://www.sectoralpha.in/small-cap-stocks-india)
- [Power & green energy stocks Group on the list: Power equipment, transformers and cables](https://www.sectoralpha.in/sectors/power-stocks-india)

## Is KEI Industries profitable? KEI Industries Ltd earned ₹262 Cr of net profit in the Sep 2026 quarter, +28.4% on the same quarter a year earlier. That is the 12th quarter in a row of profit growth. Full-year FY26 profit was ₹918 Cr. Over 10 years profit has grown 30.7% a year on average. That is 6.9% of the quarter's revenue. The same quarter a year earlier earned ₹204 Cr. For the full year, FY26 profit was ₹918 Cr (+31.9% on the year before). Why profit moved: revenue changed +38.5% on a year earlier and the margin moved +0.0 percentage points. Sales did the work, and the margin was about flat. On average over the last four quarters, profit changed +33.9% and revenue +25.1%. Profit is growing faster than sales: fixed costs are spread over more sales, so each extra rupee of revenue adds more to profit. ## How much revenue does KEI Industries make, and is it growing? KEI Industries Ltd reported ₹3,776 Cr of revenue in the Sep 2026 quarter, +38.5% on the same quarter a year earlier. That is the 12th quarter in a row with growth on the year before. Over 10 years it has grown 17.5% a year on average. The last full year, FY26, came in at ₹11,748 Cr. The last four reported quarters add to ₹13,392 Cr. FY26 revenue was ₹11,748 Cr, +20.7% on the year before. Recent pace: the last four quarters grew +25.1% on average, against 17.5% a year over the longer run, so this year is growing faster than its own long-run rate. Is growth speeding up? Revenue over the last 12 months grew +25.1%, against +23.8% a year over the last 8 quarters (stabilising); profit over the last 12 months grew +33.2%, against +30.0% a year (accelerating). ## How much of every ₹100 of sales does KEI Industries keep? KEI Industries Ltd's operating margin was 10.0% in the Sep 2026 quarter, about the same as the same quarter a year ago. Across 13 years it has been between 9.0% and 11.0%. The latest quarter is within that range. In the latest quarter it moved +0.0 percentage points on the same quarter a year ago. Why the margin moved: operating margin changed +0.1 percentage points on the year while gross margin changed −1.8 points. So the gain came mostly from the gross margin, which means input costs and prices charged. ## Is KEI Industries' profit turning into cash? Over the last 3 years, 65% of KEI Industries Ltd's reported profit came in as cash from its operations, so most of the profit is real cash. In FY26 it brought in ₹840 Cr of operating cash against ₹918 Cr of profit. After ₹1,401 Cr of spending on assets, free cash was −₹561 Cr: it spent more than its operations brought in. Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year. Why 65% of profit came in as cash: the cash cycle got 19 days shorter between FY21 and FY26, so cash that used to wait in the business now arrives sooner. When less than 70% of profit comes in as cash, it is the thing to watch on this page. What to look at next: the bigger use of cash is spending on new assets, at 10.5× depreciation over three years. The next section checks what that spending is building. ## Where does KEI Industries' cash go? KEI Industries Ltd's cash cycle, the days between paying suppliers and getting paid by customers, was 102 days in FY26, down from 121 days in FY21. It spent ₹2,328 Cr on assets over the last 3 years. Customers take 57 days to pay, and stock sits for 100 days on average. At FY26 sales of ₹11,748 Cr, each day of that cycle ties up about ₹32.2 Cr, so roughly ₹3,283 Cr is tied up in the business at any time. FY26: customers took 57 days to pay and stock sat for 100 days, about 3.3 months of sales sitting as stock, for a full cycle of 102 days, shorter than FY21's 121. The full loop: cash goes out to suppliers and production on day 0. Stock sits for 100 days. Customers pay about 57 days after that. Suppliers are paid at 55 days. Together that makes the 102-day cycle. Spending on assets: ₹2,328 Cr over the last 3 years, against ₹222 Cr of depreciation (the yearly wear and tear on existing assets). So it is building well beyond replacing what wears out. Work still in progress is ₹1,002 Cr (FY26): assets paid for that are not earning yet. In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns. ## What is KEI Industries' P/E ratio, and how does it compare with its own history? KEI Industries Ltd's P/E is 35.2×, in the middle of its own history: higher than 62% of past readings. Its usual P/E (the middle reading) is 31.0×, over 11 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth. Why the multiple is where it is: over the past year earnings per share moved +31.8% while the price moved −3.7%. Earnings did better than the price, which pulled the multiple down within its own range. Where the price move came from: over 5 years the price moved +32.0% a year; about +25.4% a year came from earnings growth and about +6.6 percentage points from the multiple (the market paying more); over 10 years the price moved +42.2% a year; about +30.0% a year came from earnings growth and about +12.2 percentage points from the multiple (the market paying more). The split is approximate (price return minus earnings growth). It shows how much of the move came from the market paying a different multiple. In short: the multiple is about average against its own past, so the earnings trend underneath matters more than the multiple. ## Is the KEI Industries business getting better or worse? KEI Industries Ltd's business is growing steadily. Revenue, profit and EPS growth have stayed positive throughout, and ROCE is steady at 21.5%. This is based on 12 quarters of 4 measures. Why it matters: steady growth with healthy returns is how a business compounds over time. ## How much does KEI Industries earn on its capital? KEI Industries Ltd earned a ROCE of 20% in FY26. That is up from a low of 18% in FY14. Its return on capital used (ROIC) is 4.2 percentage points above its cost of capital, so growth here adds value, not just size. It comes from a 7.8% net margin and 1.31× asset turnover (sales divided by assets). Why the return is what it is (FY26): a 7.8% net margin × 1.31× asset turnover × 1.34× leverage (assets divided by equity) ≈ 13.7% on equity. The margin does its share; borrowing plays a small part, so this return is earned, not borrowed. The key test, return on capital used minus the cost of capital: 16.2% − 12.0% = +4.2 percentage points. The 12.0% is a standard assumption for the cost of capital in India, not an estimate for this company. Read the sign and size of the gap, not the decimals. Positive but thin: it creates value with little room for error. ## Does KEI Industries have too much debt? KEI Industries Ltd has total debt of ₹350 Cr against shareholder equity of ₹7,203 Cr as of Sep 2026, so its debt is 0.05× its equity, which is very little. Year by year, that ratio went from 0.17 in FY22 to 0.04 in FY26. So the returns on this page come from the business, not from borrowed money. ## What is the KEI Industries shareholding pattern? Domestic institutions raised their stake in KEI Industries Ltd by 10.3 percentage points over 8 quarters, the biggest change among its owners. Domestic institutions now own 26.3% of the company. Foreign institutions moved −5.0 points over the same period, to 26.1%. This uses the four owner groups that companies report every quarter; nothing is guessed between filings. Over the last two years: Domestic institutions: +10.3 points over 8 quarters, to 26.3%; Foreign institutions: −5.0 points over 8 quarters, to 26.1%; Promoters: −2.1 points over 8 quarters, to 35.0%. Why the owners changed: foreign institutions moved −5.0 points and domestic institutions +10.3 points over 8 quarters, while promoters moved −2.1 points. One group of institutions took over shares from the other; it is not a change of mind by the people running the company. ## How far is KEI Industries from balance-sheet trouble? For KEI Industries Ltd, the Z-score is not available, so we say so rather than guess one. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. The debt, cash-flow and return sections show the balance-sheet figures we do have, each with its own date. ## How does KEI Industries rank in its industry? 44.2 out of 100, rank 9 of 11 in Cables - Power, with 100% of the evidence available. KEI Industries Ltd scores 44.2 out of 100 against the 11 companies it is compared with in Cables - Power, ranking 9. The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. The four parts add up to the total exactly: 20.5 + 11.2 + 11.4 + 1.1 = 44.2. This is the same number shown on the industry page; it is worked out once for the whole group and read here. What would change it: The score would fall if profit growth turns negative or margins stop improving while the share price lags its sector. ## Which companies is KEI Industries compared with? KEI Industries ranks 9 of 11 Cables - Power companies on the 4-Factor Sector Score, with 44.2 out of 100. 1. [V-Marc India Ltd](https://www.sectoralpha.in/stocks/v-marc-india-ltd) VMARCIND · leader · Most evidence points up · 63% evidence 67.1 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 24.0/35 · Revenue 48.9% · Profit 90.5% · Operating margin change 0 points · 59% evidence Capital efficiency 19.5/25 · ROCE 41.3% · Operating margin 11% · 76% evidence Valuation 9.1/20 · P/E 38.4× · PEG n/a · 15% evidence Relative strength 14.5/20 · Lead over its industry 29.9% · Lead over NIFTY 500 57.9% · 1 year 225.2% · 100% evidence · 11 of 12 weeks ahead Exact sum: 24 + 19.5 + 9.1 + 14.5 = 67.1 · What this means: Earnings, capital efficiency and relative strength all agree. The open questions are about management, upcoming events and risks. 2. [Diamond Power Infrastructure Ltd](https://www.sectoralpha.in/stocks/diamond-power-infrastructure-ltd) DIACABS · leader · Evidence leans up · 79% evidence 64.7 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 28.5/35 · Revenue 92.6% · Profit 100% · Operating margin change 1 points · 88% evidence Capital efficiency 8.8/25 · ROCE 11.8% · Operating margin 11% · 100% evidence Valuation 8.5/20 · P/E 105× · PEG n/a · 15% evidence Relative strength 18.9/20 · Lead over its industry 36.7% · Lead over NIFTY 500 69.7% · 1 year 125.7% · 100% evidence · 12 of 12 weeks ahead Exact sum: 28.5 + 8.8 + 8.5 + 18.9 = 64.7 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 3. [R R Kabel Ltd](https://www.sectoralpha.in/stocks/r-r-kabel-ltd) RRKABEL · losing its lead · Evidence leans up · 100% evidence 55.5 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 27.4/35 · Revenue 45.4% · Profit 66.3% · Operating margin change 1 points · 100% evidence Capital efficiency 14.0/25 · ROCE 28.1% · Operating margin 9% · 100% evidence Valuation 8.8/20 · P/E 34.4× · PEG 2.45 · 100% evidence Relative strength 5.3/20 · Lead over its industry -12.6% · Lead over NIFTY 500 12.8% · 1 year 45.6% · 100% evidence · 10 of 12 weeks ahead Exact sum: 27.4 + 14 + 8.8 + 5.3 = 55.5 · What this means: Earnings are strong; relative strength in its sector is -12.6% and the one-year return is 45.6%. 4. [Apar Industries Ltd](https://www.sectoralpha.in/stocks/apar-industries-ltd) APARINDS · leader · Evidence leans up · 100% evidence 55.3 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 18.9/35 · Revenue 23.4% · Profit 46.4% · Operating margin change 2 points · 100% evidence Capital efficiency 15.6/25 · ROCE 31.8% · Operating margin 10% · 100% evidence Valuation 4.6/20 · P/E 46.9× · PEG 1.57 · 100% evidence Relative strength 16.2/20 · Lead over its industry 1.7% · Lead over NIFTY 500 30.9% · 1 year 80.8% · 100% evidence · 12 of 12 weeks ahead Exact sum: 18.9 + 15.6 + 4.6 + 16.2 = 55.3 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 5. [Polycab India Ltd](https://www.sectoralpha.in/stocks/polycab-india-ltd) POLYCAB · quiet · Evidence leans up · 100% evidence 54.9 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 16.5/35 · Revenue 40.7% · Profit 28.6% · Operating margin change -2 points · 100% evidence Capital efficiency 20.6/25 · ROCE 33.2% · Operating margin 14% · 100% evidence Valuation 11.2/20 · P/E 37.2× · PEG 1.48 · 100% evidence Relative strength 6.6/20 · Lead over its industry -26.8% · Lead over NIFTY 500 -0.7% · 1 year 1.1% · 100% evidence · 0 of 12 weeks ahead Exact sum: 16.5 + 20.6 + 11.2 + 6.6 = 54.9 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 6. [Universal Cables Ltd](https://www.sectoralpha.in/stocks/universal-cables-ltd) UNIVCABLES · losing its lead · Evidence leans up · 96% evidence 51.1 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 23.5/35 · Revenue 33.6% · Profit 69.5% · Operating margin change 0 points · 88% evidence Capital efficiency 7.0/25 · ROCE 11.7% · Operating margin 10% · 100% evidence Valuation 13.5/20 · P/E 20.9× · PEG 0.32 · 100% evidence Relative strength 7.1/20 · Lead over its industry -7.3% · Lead over NIFTY 500 18.9% · 1 year 63.2% · 100% evidence · 11 of 12 weeks ahead Exact sum: 23.5 + 7 + 13.5 + 7.1 = 51.1 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 7. [Delton Cables Ltd](https://www.sectoralpha.in/stocks/delton-cables-ltd) Evidence leans down · 61% evidence 46.8 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 14.1/35 · Revenue 54.6% · Profit -6.5% · Operating margin change 0.1 points · 83% evidence Capital efficiency 10.6/25 · ROCE 16.6% · Operating margin 8.7% · 95% evidence Valuation 10.3/20 · P/E 31.5× · PEG n/a · 15% evidence Relative strength 11.8/20 · Lead over its industry n/a · Lead over NIFTY 500 36.2% · 1 year n/a · 25% evidence Exact sum: 14.1 + 10.6 + 10.3 + 11.8 = 46.8 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 8. [Dynamic Cables Ltd](https://www.sectoralpha.in/stocks/dynamic-cables-ltd) DYCL · quiet · Evidence leans down · 100% evidence 44.9 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 12.7/35 · Revenue 21.2% · Profit 19.2% · Operating margin change -1 points · 100% evidence Capital efficiency 14.0/25 · ROCE 26.2% · Operating margin 10% · 100% evidence Valuation 14.2/20 · P/E 16.5× · PEG 0.84 · 100% evidence Relative strength 4.0/20 · Lead over its industry -29.6% · Lead over NIFTY 500 -5.9% · 1 year -20.9% · 100% evidence · 10 of 12 weeks ahead Exact sum: 12.7 + 14 + 14.2 + 4 = 44.9 · What this means: The valuation scores well, but earnings are not improving yet, so the business does not back up the low multiple so far. 9. KEI Industries Ltd this page KEI · quiet · Evidence leans down · 100% evidence 44.2 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 20.5/35 · Revenue 25.1% · Profit 33.2% · Operating margin change 0 points · 100% evidence Capital efficiency 11.2/25 · ROCE 20% · Operating margin 10% · 100% evidence Valuation 11.4/20 · P/E 34.2× · PEG 1.37 · 100% evidence Relative strength 1.1/20 · Lead over its industry -37.9% · Lead over NIFTY 500 -15.5% · 1 year -6.5% · 100% evidence · 1 of 12 weeks ahead Exact sum: 20.5 + 11.2 + 11.4 + 1.1 = 44.2 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 10. [JD Cables Ltd](https://www.sectoralpha.in/stocks/jd-cables-ltd) Too little evidence to rank firmly · 26% evidence 55.2 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 19.9/43.75 · Revenue n/a · Profit n/a · Operating margin change -1 points · 15% evidence Capital efficiency 20.9/31.25 · ROCE 33.6% · Operating margin 12% · 71% evidence Valuation 14.4/25 · P/E 14.8× · PEG n/a · 15% evidence Relative strength: no reading this week · its 20 points are shared across the other three Exact sum: 19.9 + 20.9 + 14.4 = 55.2 (no relative-strength reading this week; its 20 points are shared across the other three) · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose. 11. [Systematic Industries Ltd](https://www.sectoralpha.in/stocks/systematic-industries-ltd) breaking out · Too little evidence to rank firmly · 43% evidence 48.8 out of 100 Growth Capital Valuation Relative

Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led NIFTY 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read. The figures in this ranking come from the industry comparison: results through the Sep 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section. Related companies: [Cables - Power](https://www.sectoralpha.in/sectors/cables-power), all 11 compared on one page. ## Which companies are close to KEI Industries in size? KEI Industries is the 3rd largest of 11 Cables - Power companies on Sector Alpha by market value (scores of 30 October 2026). Just above it: Polycab India and Apar Industries. Just below it: R R Kabel, Diamond Power Infrastructure, V-Marc India and Universal Cables. ### Cables - Power companies close in size

1. [Polycab India Ltd](https://www.sectoralpha.in/stocks/polycab-india-ltd) ₹1,17,355 crore
2. [Apar Industries Ltd](https://www.sectoralpha.in/stocks/apar-industries-ltd) ₹65,652 crore
3. KEI Industries Ltd ₹36,058 crore
4. [R R Kabel Ltd](https://www.sectoralpha.in/stocks/r-r-kabel-ltd) ₹23,251 crore
5. [Diamond Power Infrastructure Ltd](https://www.sectoralpha.in/stocks/diamond-power-infrastructure-ltd) ₹20,598 crore
6. [V-Marc India Ltd](https://www.sectoralpha.in/stocks/v-marc-india-ltd) ₹4,470 crore
7. [Universal Cables Ltd](https://www.sectoralpha.in/stocks/universal-cables-ltd) ₹4,176 crore

[All 11 Cables - Power companies, largest first](https://www.sectoralpha.in/sectors/cables-power#all-companies)

### Companies close in size in other industries

1. [J K Cements Ltd](https://www.sectoralpha.in/stocks/j-k-cements-ltd) ₹36,977 crore · Cement
2. [Mahindra & Mahindra Financial Services Ltd](https://www.sectoralpha.in/stocks/mahindra-mahindra-financial-services-ltd) ₹36,381 crore · Finance & Investments - CV Finance
3. KEI Industries Ltd ₹36,058 crore
4. [Astral Ltd](https://www.sectoralpha.in/stocks/astral-ltd) ₹36,050 crore · Building Materials - Plastic Pipes
5. [Bagmane Prime Office REIT](https://www.sectoralpha.in/stocks/bagmane-prime-office-reit) ₹35,901 crore · Infra/Real Estate Investment Trust

## What else do people ask about KEI Industries? ### What is KEI Industries's share price today? KEI Industries Ltd's share price is ₹3,881.40, −3.7% over the past year. The whole company is worth ₹37,123 Cr on the market. In the last 52 weeks it traded between ₹3,725 to ₹5,700; today it is 8% of the way up from the low, 17.9% below its 200-day average (as of 3 November 2026). ### What were KEI Industries's latest quarterly results? KEI Industries Ltd reported revenue of ₹3,776 Cr and net profit of ₹262 Cr for the Sep 2026 quarter. Revenue rose 38.5% and profit rose 28.4% compared with a year earlier. Earnings per share were ₹27.45. The operating margin was 10.0%, 0.0 percentage points higher than a year earlier (as of 3 November 2026). ### What is KEI Industries's market cap? KEI Industries Ltd's market capitalisation is ₹37,123 Cr at a share price of ₹3,881.40. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 3 November 2026). ### How is KEI Industries performing? KEI Industries Ltd's share price has been falling for 1 weeks. In its latest quarter, revenue rose 38.5% and profit rose 28.4% compared with a year earlier. Over the past 13 weeks it has done worse than the NIFTY 500, for 12 weeks running (as of 3 November 2026). ### Will KEI Industries's share price go up? This page does not forecast KEI Industries Ltd's share price. What it shows instead: the share price is ₹3,881.40, and it has been falling for 1 weeks. Its P/E of 35.2× is higher than 62% of its own last 11 years (as of 3 November 2026). ### Does KEI Industries have too much debt? No, KEI Industries Ltd has little debt: its debt is 0.04× its equity, and its operating profit is 19 times its interest bill. FY26 borrowings were ₹253 Cr against equity of ₹6,665 Cr. So the returns on this page come from the business, not borrowed money (as of 3 November 2026). ### Where is KEI Industries in its business cycle? KEI Industries Ltd's FY26 operating margin was 10.0%, against a 13-year range of 9.0% to 11.0%: the middle of its own range, neither a peak nor a low. The latest quarter was 10.0%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 3 November 2026). ### What could break the KEI Industries story? The main question: yearly earnings per share moved +31.8% while the share price moved −3.7%. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 3 November 2026). ### Is KEI Industries a stock worth studying right now? What the numbers show: KEI Industries Ltd's earnings have grown faster than its share price. Earnings per share grew +31.8% in a year while the price moved −3.7%. The main open question: whether the price catches up with earnings that have already grown. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 3 November 2026). ### Is there a KEI Industries share price forecast for 2026? What management itself guided: FY27 revenue growth above 25% and 20% yearly growth over the next 3-4 years. ## Lists

- 52 week high & low: https://www.sectoralpha.in/52-week-high-stocks-india
- Small & mid cap stocks: https://www.sectoralpha.in/small-cap-stocks-india
- Power & green energy stocks: https://www.sectoralpha.in/sectors/power-stocks-india

This is research, not advice. We’re not SEBI-registered.