KEI Industries Limited

KEI Industries Limited (KEI) is a mid-cap Capital Goods company valued at ₹42,763 crore operating in Cables - Electricals on the NSE and BSE.

Recent price move

KEI Industries Limited last traded at ₹4,482.3, modestly down 1.94% on the day.

Recent developments

On 2026-09-07, KEI Industries shares fell nearly 15% as the cables sector faced broader declines, with RR Kabel and Polycab also losing ground. On 2026-09-01, shares dropped up to 6% due to UltraTech's entry into the wires and cables industry, which is expected to grow at a 13% CAGR through 2030. On 2026-08-04, the stock jumped 8% after reporting stronger-than-expected quarterly results, driven by robust demand for high-voltage cables.

Financial performance

KEI Industries' business is improving, with annual revenue rising 20.7% and net profit growing 32.0% year-over-year. The latest quarter saw revenue and net profit both increase by 23.0% and 39.9% respectively compared to the same quarter a year earlier. Net profit margin expanded 0.7 percentage points to 7.8%, while return on equity and return on capital employed remained at 13.8% and 18.7% respectively.

Valuation multiples

The stock trades at 46.6 times earnings, 6.65 times book value. It yields 0.1%.

Things to watch

KEI Industries' stock is 22.3% below its 52-week high, and recent sector-specific news has led to declines in its share price. The cables industry faces potential disruption from new entrants like UltraTech, which could affect growth rates. The company's recent share price movement reflects market concerns about sector-specific challenges.

Where it stands

KEI Industries has delivered strong revenue and profit growth over the past year and quarter, with margins and returns remaining stable. The stock's recent decline reflects broader sector concerns, but its fundamentals remain solid. The most significant reported figure is the 22.3% drop from its 52-week high.

Summarised by DocStoX's model on 2026-10-10 from company filings, exchange data and news. This is a factual summary, not a rating or a recommendation. Informational only, not investment advice. Consult a SEBI-registered adviser before investing.