KEI Industries Limited – Investor Presentation Summary
Key Operational Highlights
- Revenue growth of 22.97% YoY in Q1 FY27 driven by broad-based demand in Wires & Cables and balanced business performance.
- Total Wires & Cables Sale including export was ₹3,092 crore, contributing 97.08% of total revenue in Q1 FY27.
- Domestic Wires & Cables segment posted 29.31% YoY growth led by sustained demand and operational improvements.
- Export Wires & Cables Sale declined by 7.29% YoY in Q1 FY27, but expected to grow substantially due to strong order book.
- EHV cable sale increased to ₹186 crore in Q1 FY27 from ₹126 crore in Q1 FY26, registering robust growth of 47.74% YoY.
- Wires & Cables sale through dealer & distributors grown by 41.98% and contributed 59.09% of overall sale in Q1 FY27.
- Total active working dealers as on 30.06.2026 was 2,128 numbers.
- Pending order position is approximately ₹4,292 crore.
Segment-wise Performance
- Wires & Cables Segment: ₹3,092 crore (97.08% of total revenue)
- EPC Projects (apart from Cable): 1.36% contribution, export sale of ₹4 crore
- SS Wire: 1.66% contribution, export sale of ₹28 crore
Financial Highlights
Revenue: ₹3,185 crore
EBITDA: ₹415 crore
PAT: ₹274 crore
EPS: Not Specified
Margins: EBITDA margin 13.04% (expanded 155 bps YoY), PAT margin 8.61% (vs 7.56% in Q1 FY26)
YoY/QoQ comparison: Revenue up 22.97% YoY, EBITDA up 39.57% YoY, PAT up 40.05% YoY
Drivers of financial performance: Better operating efficiency, improved product mix, broad-based demand
Comparison to market estimates: Not Specified
Key Risks: Raw material price conditions in domestic and overseas markets, changes in Government regulations, tax, corporate and other laws
Geographical Revenue Split
Domestic vs Export/Regional Revenue: Not explicitly broken down
Export performance: Wires & Cables export declined 7.29% YoY but expected to grow substantially
Balance Sheet Snapshot
Net Debt/Equity: Not Specified
Reserves: Not Specified
Current Assets/Liabilities: Current Assets ₹6,176.23 crore, Current Liabilities ₹1,953.60 crore
Working Capital/Leverage Metrics: Not Specified
Financial Health Insights: Strong operational cash flow generation, manageable debt levels
Debt position: Gross Debt ₹661 crore, Net Debt ₹850 crore (including unutilized QIP proceeds of ₹302.70 crore)
Capex & Cash Flow Health
Capital Expenditure: Not Specified
Free Cash Flow: Not Specified
Operating Cash Flow: Not Specified
Net Debt Movement: Not Specified
Investment Rationale: Focus on operational efficiency and market expansion
Strategic & R&D Initiatives
Investments in Innovation: Not Specified
Expected impact on growth: Not Specified
Strategic Rationale: Leveraging strong order book position and strengthening demand in key overseas markets
Industry Trends & Business Environment
Macro/Industry Trends: Broad-based demand in wires and cables sector
Impact on Company: Positive demand environment supporting revenue growth and margin expansion
Management Commentary & Growth Outlook
Strategic Outlook: Export business expected to grow substantially due to strong order book position and strengthening demand in key overseas markets
FY Guidance: Not Specified
Market Share Targets: Not Specified
Risks and Opportunities: Economic conditions affecting demand/supply and price conditions in domestic and overseas markets, changes in Government regulations