KEI Industries

    KEI
    Infra
    ₹3,899.50
    Price as of 26 Oct 2026, 4:53 pm IST

    Market cap ₹37,297 Cr

    P/E
    35.33
    Day range
    ₹3,685.20 – ₹3,912.00
    52-week range
    ₹3,666.10 – ₹5,899.00
    Volume
    9.43 L
    Open
    ₹3,720.00
    Prev close
    ₹3,725.00

    Latest results · Q2 FY27(consolidated)Revenue ₹3,776 Cr+38.5%Profit ₹262 Cr+29.0%Margin 6.9%YoY vs the same quarter last year

    No red flags in exchange filings: no rising pledge, promoter selling, surveillance or critical filing on record.

    F&O margin for one lot of KEI (175 shares)

    Research profile

    Composite 40 / 100

    Factor percentiles

    Value37
    Quality56
    Momentum23
    Low volatility45

    Derived metrics

    Earn. yield
    2.8%
    Graham no.
    ₹1,398.09
    vs Graham
    -64.1%
    ROE ÷ P/B
    3.0%
    12-1 mom.
    +4.9%
    Return / vol
    -0.41
    Magic Formula
    #273
    Piotroski
    4/6
    FCF yield
    -1.2%
    PEG
    1.38

    Percentiles rank this stock against the other tracked stocks and change as they do. Scans describe where figures sit today. Hover a label for its definition. Not investment advice.

    Peer comparison

    All 188 in Infra
    Largest Infra companies tracked, with sector medians
    CompanyM-capP/EP/BROEROCEOPMD/ESales YoY
    Larsen & ToubroLT₹5.06 L Cr30.534.5918.3%15.0%12.0%1.15+6.7%
    Adani PortsADANIPORTS₹4.04 L Cr29.914.0916.2%14.0%58.0%0.66+18.6%
    Adani EnterprisesADANIENT₹3.40 L Cr40.433.9515.2%6.0%15.0%1.32+49.9%
    UltraTech CementULTRACEMCO₹3.29 L Cr38.534.4311.1%13.0%16.0%0.40+18.8%
    Grasim IndustriesGRASIM₹2.00 L Cr35.181.9010.2%8.0%23.0%2.20+21.4%
    InterGlobe AviationINDIGO₹1.78 L Cr19.8825.27-29.3%5.0%13.0%11.15+19.9%
    DLFDLF₹1.64 L Cr35.923.5710.0%6.0%1.8%0.01-23.3%
    KEI IndustriesKEI₹37,297 Cr35.334.9514.7%20.0%10.0%0.05+38.5%
    Sector median₹12,944 Cr32.114.2915.0%17.0%15.0%0.18+20.1%

    Sector as classified in the tracked universe; medians use every tracked Infra company, and P/E only profitable ones. Tinted figures beat the median.

    Latest news

    Updated 16d ago

    Headlines about KEI Industries from the last two weeks in the financial press. Stories belong to their publishers; Parasram India does not endorse them.

    Key metrics

    P/E (TTM)
    35.4
    EPS (TTM)
    ₹104.21
    Price / Book
    5.18
    ROE (FY26)
    14.7%
    ROCE (latest year)
    20%
    Dividend yield
    0.12%

    Moving averages (NSE)

    20-day
    ₹4,477.45
    Price below
    50-day
    ₹4,898.01
    Price below
    200-day
    ₹4,837.12
    Price below

    Charts & trends

    From company filings. Amounts in ₹ crore.

    Revenue 3Y CAGR
    +19.3%
    Profit 3Y CAGR
    +24.4%
    Revenue YoY (Sep 2026)
    +38.5%
    Profit YoY (Sep 2026)
    +28.4%
    Operating margin
    10.0%
    Net margin
    6.9%

    Revenue, profit & margin - quarterly

    ₹ crore; a loss shows red. Operating margin below, same periods.

    0 Cr1K Cr2K Cr3K Cr4K Cr
    • Revenue
    • Net profit

    Operating margin

    Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Sep 20260%6%12%

    Who owns the company

    % of equity by quarter, latest Sept 2026

    Dec '24Mar '25Jun '25Sept '25Dec '25Mar '26Jun '26Sept '260%25%50%75%100%
    • Promoter
    • DII
    • FII
    • Public

    Cash flows

    Where cash came from and went, by fiscal year (₹ crore)

    Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026-2K Cr-1K Cr0 Cr1K Cr2K Cr
    • Operating
    • Investing
    • Financing
    • Free cash flow

    Return on equity

    Net profit over shareholders' equity, by fiscal year

    FY17FY18FY19FY20FY21FY22FY23FY24FY25FY260%10%20%30%15% screen

    Equity vs debt

    Shareholders' equity against borrowings (₹ crore); the ratio below, same years.

    0 Cr2K Cr4K Cr6K Cr8K Cr
    • Equity
    • Debt

    Debt to equity

    Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Sep 20260x1x2x

    Dividends per share

    ₹ by fiscal year of the ex-date; the latest year runs to date.

    FY20FY21FY22FY23FY24FY25FY26₹0₹2₹4₹6

    Financial statements

    ₹ Crore
    Quarterly results, oldest period first, figures in rupees crore
    Line itemDec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Sep 2026
    Sales2,0592,3302,0652,2842,4722,9152,5902,7262,9553,4763,1853,776
    Expenses1,8452,0751,8462,0592,2262,6142,3322,4572,6353,0952,7903,400
    Operating Profit215255219225246301258269320382396377
    OPM %10%11%11%10%10%10%10%10%11%11%12%10%
    Other Income1441313937404234432025
    Interest111714131414141417191817
    Depreciation151616161919202023282931
    Profit before tax202227203208221305263277315377369353
    Tax %26%26%26%26%26%26%26%27%25%25%26%26%
    Net Profit151168150155165227196204235284274262
    EPS in Rs₹16.70₹18.67₹16.65₹17.15₹17.25₹23.71₹20.49₹21.29₹24.57₹29.74₹28.68₹27.45

    From company filings, updated 27 Oct 2026. Consolidated figures where the company reports them. Information only, not investment advice.

    Working-capital cycle

    Debtor Days57

    -61 days since Mar 2021

    Inventory Days100

    -3 days since Mar 2021

    Days Payable55

    -44 days since Mar 2021

    Cash Conversion Cycle102

    -19 days since Mar 2021

    Working Capital Days80

    -14 days since Mar 2021

    Strengths, risks & growth

    Incorporated in 1968, KEI Industries Ltd manufactures wires and cables (W&C) like EHV cables, HT cables, LT cables, and sells them in India and overseas [1]

    Strengths

    • Company is almost debt free.
    • Company has delivered good profit growth of 27.4% CAGR over last 5 years

    Risks

    None flagged by the checklist.

    Compounded Sales Growth

    10 Years
    +17%
    5 Years
    +23%
    3 Years
    +19%
    TTM
    +25%

    Compounded Profit Growth

    10 Years
    +31%
    5 Years
    +27%
    3 Years
    +24%
    TTM
    +34%

    Stock Price CAGR

    10 Years
    +42%
    5 Years
    +33%
    3 Years
    +16%
    1 Year
    -5%

    Return on Equity

    10 Years
    +18%
    5 Years
    +17%
    3 Years
    +16%
    Last Year
    +15%

    Strengths and risks are a machine-generated checklist, not advice; growth is compounded annually over each period.

    Shareholding pattern

    Percentage of shares held by each category at each quarter end
    HolderDec 2025Mar 2026Jun 2026Sept 2026Change
    Promoter35.00%35.00%35.00%35.00%0.00 pp
    FII25.49%27.27%27.32%26.14%-1.18 pp
    DII27.27%25.83%25.90%26.26%+0.36 pp
    Public12.25%11.88%11.76%12.59%+0.83 pp

    Filed with NSE for Sept 2026: promoters 35.00%, public 65.00% · XBRL filing

    Analysts & fund holdings

    81%
    81% recommend buy
    21 analysts cover the stock
    Valuation vs Electrical Equipment
    P/E35.3 vs 41.0
    Sector P/B5.67
    Beta1.43

    Who holds the shares, quarter by quarter

    Mutual funds 23.00% (+0.48 pp)
    Jun 25
    Sept 25
    Dec 25
    Mar 26
    Jun 26
    Sept 26
    • Promoters35.0%
    • Foreign institutions26.1%
    • Mutual funds23.0%
    • Insurance2.6%
    • Other domestic institutions0.7%
    • Retail9.6%
    • Others3.0%
    Mutual funds holding the most
    Fund% of company% of fund3-month change
    Motilal Oswal Midcap Fund4.26%4.27%-1.34 pp
    Kotak Mid Cap Fund3.81%2.45%-0.35 pp
    ICICI Pru Large & Mid Cap Fund1.85%2.51%+2.51 pp
    DSP Midcap Fund0.82%1.67%-0.58 pp
    Invesco India Contra Fund0.60%1.34%-0.62 pp

    Scorecard

    Performance
    Avg
    Valuation
    High
    Growth
    Avg
    Profitability
    High
    Entry point
    Good
    Red flags
    Low

    Analyst coverage, holdings and scorecard from market data; not a recommendation by Parasram India.

    Risk & trend

    From 275 daily sessions to 23 Oct 2026.

    Computed

    Risk

    Volatility (1Y)
    35.9%
    Downside volatility
    37.4%
    Worst 5% of days
    3.9%
    Average of that tail
    5.7%
    Max drawdown (1Y)
    36.6%
    Below its peak
    36.6%

    Against the market

    Beta vs Nifty 50
    1.11
    Correlation
    0.41
    Relative strength (3M)
    -18.6%
    ATR (14)
    4.8%

    Return

    Return 1M
    -18.6%
    Return 3M
    -23.9%
    Return 6M
    -24.1%
    Return 1Y
    -14.6%
    vs 200-day average
    -23.0%

    Momentum

    RSI (14) · oversold
    20.4
    MACD histogram
    -64.26
    Stochastic %K
    5.4
    ADX (14)
    28.4
    +DI / −DI
    10.5 / 43.5
    Money flow index
    17.3

    Participation

    Delivery (20d avg)
    38.7%
    vs its 60-day baseline
    -5.1 pts
    Volume vs 20-day
    +0.5σ
    Close vs day's VWAP
    +0.0%
    52-week position
    0 / 100

    These describe what this stock's price has already done. They are not forecasts, signals or recommendations, and a dash means the figure was withheld for want of enough history rather than being zero.

    Financial quality

    From consolidated statements to 31 Mar 2026.

    Computed

    Piotroski F-Score

    4 of 6 tested

    • Return on assets positive — passed
    • Operating cash flow positive — not testableno cash flow statement for this period
    • Return on assets improving — passed
    • Cash flow exceeds profit — not testableneeds cash flow and profit against assets
    • Debt to assets falling — passed
    • Current ratio improving — failed
    • No new equity issued — not testableno share count is collected, and financing cash flow mixes equity with debt
    • Operating margin improving — passed
    • Asset turnover improving — failed
    Free cash flow
    -₹414 Cr
    FCF yield
    -1.2%
    Cash conversion
    0.91
    Accruals ratio
    0.009
    Net debt
    -₹794 Cr
    Net debt / equity
    -0.12
    EV / sales
    2.60
    PEG
    1.38
    Capex intensity
    10.7%
    Revenue CAGR
    19.3%
    Profit CAGR
    25.5%

    Computed from filed statements, not filed themselves. A dash means an input was absent, and the score counts only the criteria that could actually be tested.

    Insider trades

    Last 12 months, market trades
    Net selling ₹39.3 Cr
    10 buys · ₹1.0 Cr
    18 sells · ₹40.3 Cr
    Latest insider trades disclosed to NSE
    PersonTypeSharesValueDisclosed
    Rajeev Gupta
    Director · ESOP
    Buy12,000₹27.0 L9 Oct 2026
    Lalit Sharma
    Employee · ESOP
    Buy8,000₹18.0 L9 Oct 2026
    Adarsh Kumar Jain
    Employee · ESOP
    Buy2,500₹5.6 L9 Oct 2026
    Kishore Kunal
    Employee · ESOP
    Buy2,000₹4.5 L9 Oct 2026
    Manoj Kakkar
    Employee · ESOP
    Buy8,000₹18.0 L9 Oct 2026
    Kali Charan Sharma
    Employee · ESOP
    Buy3,000₹6.8 L9 Oct 2026
    Dilip Kumar Barnwal
    Employee · ESOP
    Buy3,000₹6.8 L9 Oct 2026
    Jashobant Singha Ray
    Employee · ESOP
    Buy1,500₹3.4 L9 Oct 2026
    Daya Nand Sharma
    Employee · ESOP
    Buy3,000₹6.8 L9 Oct 2026
    Nawal Singh Yadav
    Employee · ESOP
    Buy2,000₹4.5 L9 Oct 2026
    Dilip Kumar Barnwal
    Designated Person · Market Sale
    Sell2,500₹1.4 Cr21 Aug 2026
    Kishore Kunal
    KMP · Market Sale
    Sell500₹28.2 L13 Aug 2026

    Disclosures filed with NSE under SEBI (Prohibition of Insider Trading) Regulations. Pledges and releases are not trades and are not counted above.

    Corporate actions

    • dividend
      ₹4.50

      Interim Dividend - Rs 4.50 Per Share

      28 Jan 2026
      ex-date
    • dividend
      ₹4.00

      Interim Dividend - Rs 4 Per Share

      27 Jan 2025
      ex-date
    • other
      Not available — not reported in this filing

      Annual General Meeting

      4 Sept 2024
      ex-date
    • dividend
      ₹3.50

      Interim Dividend - Rs 3.50 Per Share

      19 Mar 2024
      ex-date
    • other
      Not available — not reported in this filing

      Annual General Meeting

      25 Aug 2023
      ex-date
    • dividend
      ₹3.00

      Interim Dividend - Rs 3 Per Share

      3 Feb 2023
      ex-date
    • other
      Not available — not reported in this filing

      Annual General Meeting

      29 Aug 2022
      ex-date
    • dividend
      ₹2.50

      Interim Dividend - Rs 2.50 Per Share

      7 Feb 2022
      ex-date
    • other
      Not available — not reported in this filing

      Annual General Meeting

      31 Aug 2021
      ex-date
    • dividend
      ₹2.00

      Interim Dividend - Rs 2 Per Share

      9 Mar 2021
      ex-date
    • other
      Not available — not reported in this filing

      Annual General Meeting

      1 Sept 2020
      ex-date
    • dividend
      ₹1.50

      Interim Dividend - Rs 1.50 Per Share

      19 Mar 2020
      ex-date
    • dividend
      ₹1.20

      Annual General Meeting/Dividend - Rs 1.20 Per Share

      6 Sept 2019
      ex-date
    • dividend
      Not available — not reported in this filing

      Annual General Meeting/Dividend- Re 1 Per Share

      11 Sept 2018
      ex-date
    • dividend
      Not available — not reported in this filing

      Dividend - Re 0.60 Per Share

      11 Jul 2017
      ex-date
    • dividend
      Not available — not reported in this filing

      Annual Genaral Meeting/ Dividend - Re 0.50/- Per Share (Book Closure Start Date Revised)

      29 Aug 2016
      ex-date
    • dividend
      Not available — not reported in this filing

      Annual General Meeting/ Dividend - Re 0.40/- Per Share

      8 Sept 2015
      ex-date
    • dividend
      Not available — not reported in this filing

      Annual General Meeting / Dividend - Re 0.20/- Per Share

      11 Sept 2014
      ex-date
    • dividend
      Not available — not reported in this filing

      Annual General Meeting And Dividend Re.0.20/- Per Equity Share

      13 Jun 2013
      ex-date
    • dividend
      Not available — not reported in this filing

      Annual General Meeting And Dividend Re.0.20 Per Share

      6 Sept 2012
      ex-date

    Company announcements

    Company Update
    Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

    Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements), Regulations, 2015, given below is the Schedule of Conference Call/Meet with the Analyst / Institutional ....

    Company Update
    Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018

    Compliance Certificate of Demat/Remat of shares under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended on 30.09.2026.

    Company Update
    Intimation Under Regulation 30 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015

    This is to inform you that as per the information received by the Company on October 14, 2026, ESG Risk Assessments & Insights Limited, has reviewed the Environment, Social and Governance ....

    Board MeetingPrice-sensitive
    Board Meeting Intimation for To Inter-Alia Consider And Approve The Un-Audited Standalone And Consolidated Financial Results For The Quarter And Half Year Ended On 30Th September, 2026

    KEI Industries Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 21/10/2026 ,inter alia, to consider and approve In compliance of Regulation ....

    Company Update
    Announcement under Regulation 30 (LODR)-Newspaper Publication

    Intimation of newspaper publication- Special Window for Transfer and Dematerialisation of Physical Securities

    Company Update
    Disclosure Pursuant To Regulation 30 Of The Securities And Exchange Board Of India (Listing Obligation And Disclosure Requirements) Regulations, 2015

    This is with reference to our earlier communication dated 04.02.2025 intimating the GST Demand Order received from Joint Commissioner ( Office of Commissioner of Central Goods & Service ....

    Company Update
    Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS

    Allotment of 45,000 equity shares pursuant to exercise of stock options under KEI Employees Stock Option scheme - 2015.

    Company Update
    Disclosure Pursuant To Regulation 30 Of The Securities And Exchange Board Of India (Listing Obligation And Disclosure Requirements) Regulations, 2015

    We would like to inform you that the Company has received a GST demand order from the Office of Superintendent, Range IV, Division IV, Central GST, Ahmedabad South. The details required ....

    AGM/EGMPrice-sensitive
    Shareholder Meeting / Postal Ballot-Scrutinizer's Report

    Submission of Minutes of 34th Annual General Meeting of the Company and Scrutinizer's Report along with Voting Results under Regulation 44 of the SEBI (Listing Obligations and Disclosure ....

    AGM/EGMPrice-sensitive
    Shareholder Meeting / Postal Ballot-Outcome of AGM

    Proceedings of 34th Annual General Meeting (AGM) under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

    Insider Trading / SAST
    Closure of Trading Window

    Closure of Trading Window pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015.

    Company Update
    Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

    Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements), Regulations, 2015, given below is the Schedule of Conference Call/Meet with the Analyst / Institutional ....

    Company Update
    Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

    Intimation of Schedule of Analyst / Institutional Investor Call / Meet under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

    Company Update
    Announcement under Regulation 30 (LODR)-Newspaper Publication

    Disclosure pursuant to Regulation 47 of SEBI (Listing Obligations and Disclosure Requirements) Regulation, 2015.

    Others
    Business Responsibility and Sustainability Reporting (BRSR)

    Submission of Business Responsibility and Sustainability Report for the Financial Year 2025-26.

    Filed with BSE (scrip 517569); the last 45 days. Documents open at bseindia.com.

    SEBI filings & orders

    From SEBI's website. An order may concern the company, its officers or trading in its shares, and may be under appeal - read the order itself. Personal identifiers are withheld.

    Regulatory orders

    • Settlement order

      Settlement Order with respect to KEI Industries Ltd. in the matter of GDR Issue of KEI Industries Ltd.

      16 May 2019
      Read on SEBI

    Documents

    Credit ratings

    Documents open at BSE or the rating agency that issued them.

    Sourced from the company's NSE XBRL filing dated 22 Oct 2026 (unaudited). View the source filing. Figures are as filed and are not investment advice.

    FAQ

    KEI Industries: common questions

    Answered from the figures on this page.

    KEI Industries last traded at ₹3,899.50 (NSE, as of 26 Oct 2026). The last session moved it up 4.68%.

    KEI Industries is valued at about ₹37,297 crore (NSE, as of 26 Oct 2026).

    KEI Industries trades at a price-to-earnings ratio of 35.33 (NSE, as of 26 Oct 2026). The P/E compares the share price with earnings per share, so it is only comparable between companies in the same industry.

    KEI Industries has traded between ₹3,666.10 and ₹5,899.00 over the past 52 weeks, to 26 Oct 2026. It is currently 10% of the way up that range.

    KEI Industries (KEI) is classified under Infra on this site's screener.