KEI Industries share price
NSE: KEIBSE: 517569Industrial ProductsMid Cap
Share price at the NSE close on 28 Oct 2026. Previous close ₹3,870.50.
28 Oct: open ₹3,869.00, high ₹3,926.00, low ₹3,844.70
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies. Market capitalisation: how it is worked out
- ₹36,864 Cr208th largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. Price to earnings, trailing: how it is worked out
- 34.92
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. Price to book: how it is worked out
- 5.12
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- 0.12%
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it.
- 15.8%
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet.
- 18.2%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Sep 2026.
- 0.04
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day. Volume in the glossary
- 2,60,88736.0% delivered
About KEI Industries
KEI Industries Limited makes wires and cables, from house wires sold through dealers to extra high voltage power cables, for homes, businesses, industry and infrastructure projects in India and abroad.123 It also makes stainless steel wire and builds power transmission and distribution projects, such as substations and underground cable networks, on a turnkey basis (handed over ready to run).23
Its range runs from low tension and high tension (lower and higher voltage) power cables to extra high voltage cables up to 400 kV (kilovolts), and includes control, instrumentation, solar, fire survival, marine and communication cables, house wires and winding wires.43 It has plants at Bhiwadi, Chopanki and Pathredi in Rajasthan, Silvassa and Chinchpada in Dadra and Nagar Haveli, and Sanand in Gujarat, and 4 offices abroad, in the UAE, South Africa, Nepal and Gambia.1 It exports to more than 60 countries, mainly in the Middle East, Australia, Africa, the United States and Europe.45
It was incorporated in 1992 and has its registered office in New Delhi.6 Anil Gupta is its chairman and managing director, and its promoters held 35.00% of the shares at the end of September 2026.67
KEI Industries key points
Results
- Consolidated results, quarter to Sep 20268EBITDA: earnings before interest, tax, depreciation and amortisation.
Item quarter to Sep 2026 quarter to Sep 2025 Net sales ₹3,776.42 crore ₹2,726.35 crore EBITDA ₹401.05 crore ₹311.63 crore Profit after tax ₹262.45 crore ₹203.51 crore - In the year to Mar 2026, net sales rose 20.66% to ₹11,748 crore, EBITDA rose 30.56% to ₹1,388 crore, a margin of 11.81%, and profit after tax rose 31.88% to ₹918 crore.9
Business segments
- Wires and cables. Wires and cables sales including exports were ₹3,639 crore in the quarter to Sep 2026, 96.35% of overall sales, against 95.68% a year earlier.10
- Engineering, procurement and construction (EPC). EPC sales other than cable fell 3.78% in the quarter to Sep 2026, and EPC's contribution was 1.27% in the half year to Sep 2026; the company is reducing EPC work, which ties up capital longer.1112
Revenue mix
- Largest sales channels, year to Mar 20261314
Item year to Mar 2026 Dealers and distributors (retail) ₹6,349 crore Domestic institutional cables and wires ₹2,688 crore Exports ₹1,833 crore - In the quarter to Sep 2026, wires and cables sales through dealers and distributors grew 50.46% and were 58.79% of overall sales, against 54.12% a year earlier; the company had 2,146 active dealers at the end of September 2026.15
- Sales of extra high voltage (EHV) cables, used in power transmission, were ₹217 crore in the quarter to Sep 2026, up 26.20% from ₹172 crore a year earlier.16
Where revenue comes from
Plants and capacity
- Share of capacity used, quarter to Jun 202619
Item quarter to Jun 2026 Cables about 72% House wires 61% Stainless steel wire 91% Communication cables 45% - The company runs 10 manufacturing plants and makes its own PVC and XLPE compounds, the plastic insulation on its cables and wires.20
- The company stated in its annual report for the year to Mar 2026 that Sanand Phase II, for extra high voltage cables up to 500 kV, is expected by March 2027, and Sanand, once fully operational, is expected to generate annual revenue of ₹6,000 crore.2122
- The company stated in its annual report for the year to Mar 2026 that it plans to invest about ₹700 crore at Salarpur, Rajasthan, to add cable capacity and make its own galvanised iron (GI) wire, with the plant expected by September 2028.23
Order book
- In its presentation of 21 Oct 2026, the company put its pending orders (orders received but not yet delivered) at about ₹5,185 crore.24
- Pending orders, end of Jun 202625
Item quarter to Jun 2026 Domestic cables ₹2,400 crore Exports ₹822 crore Extra high voltage cables ₹793 crore EPC ₹271 crore Total ₹4,292 crore
What the company expects
- The company stated in its annual report for the year to Mar 2026 that it puts growth in the year to Mar 2027 at 20%, mainly from Sanand and Chinchpada capacity, and expects an EBITDA margin of 11% to 12% over the medium term.2627
- On its earnings call of 4 Aug 2026, the company said growth in the year to Mar 2027 would be more than 20%, its chairman said revenue growth would be more than 25%, and it expects ₹1,500 crore to ₹2,000 crore of revenue from Sanand.2829
- The company stated in its annual report for the year to Mar 2026 that it targets revenue growth of about 20% a year and exports of 20% of sales over the medium term, and aspires to ₹25,000 crore revenue by the year to Mar 2030.303132
- The company stated in its annual report for the year to Mar 2026 that it plans capital spending of ₹600 crore to ₹700 crore a year, funded entirely from its own cash generation.33
Recent events
- In filings of 27 Jun 2026 and 23 Jun 2026, the company reported that CARE Ratings and ICRA had reaffirmed its credit ratings (an agency's view of its ability to repay debt): AA+ (Stable) for the long term and A1+ for the short term.3435
- On 20 May 2026, the company agreed to invest ₹5.90 crore for a 26% stake, shared with other captive users, in Solarcraft Power India 24 Private Limited, to source up to 11.25 MW of solar power in Rajasthan.36
- On 18 May 2026, ICRA said it had reviewed the company's ratings after income tax department search operations and left them unchanged; the documents give no outcome of the search.37
- On 10 Dec 2025, the company started commercial production of low tension and high tension cables in the first phase of its Sanand plant in Gujarat, a project costing about ₹2,000 crore.3839
Last updated
All 39 sources, each with its page
- 1. Annual report, 5 Sep 2026, page 150
- 2. Annual report, 5 Sep 2026, page 158
- 3. Annual report, 5 Sep 2026, page 152
- 4. Annual report, 5 Sep 2026, page 151
- 5. Annual report, 5 Sep 2026, page 62
- 6. Annual report, 5 Sep 2026, page 105
- 7. Investor presentation, 21 Oct 2026, page 12
- 8. Investor presentation, 21 Oct 2026, page 11
- 9. Annual report, 5 Sep 2026, page 42
- 10. Investor presentation, 21 Oct 2026, page 4
- 11. Investor presentation, 21 Oct 2026, page 6
- 12. Annual report, 5 Sep 2026, page 18
- 13. Annual report, 5 Sep 2026, page 42
- 14. Annual report, 5 Sep 2026, page 43
- 15. Investor presentation, 21 Oct 2026, page 4
- 16. Investor presentation, 21 Oct 2026, page 4
- 17. Investor presentation, 21 Oct 2026, page 4
- 18. Investor presentation, 21 Oct 2026, page 5
- 19. Earnings call, 4 Aug 2026, page 4
- 20. Annual report, 5 Sep 2026, page 48
- 21. Annual report, 5 Sep 2026, page 22
- 22. Annual report, 5 Sep 2026, page 17
- 23. Annual report, 5 Sep 2026, page 17
- 24. Investor presentation, 21 Oct 2026, page 8
- 25. Earnings call, 4 Aug 2026, page 4
- 26. Annual report, 5 Sep 2026, page 4
- 27. Annual report, 5 Sep 2026, page 43
- 28. Earnings call, 4 Aug 2026, page 12
- 29. Earnings call, 4 Aug 2026, page 7
- 30. Annual report, 5 Sep 2026, page 18
- 31. Annual report, 5 Sep 2026, page 17
- 32. Annual report, 5 Sep 2026, page 25
- 33. Annual report, 5 Sep 2026, page 4
- 34. Exchange filing, 27 Jun 2026, page 1
- 35. Exchange filing, 23 Jun 2026, page 1
- 36. Exchange filing, 20 May 2026, page 1
- 37. Exchange filing, 18 May 2026, page 2
- 38. Exchange filing, 10 Dec 2025, page 1
- 39. Exchange filing, 10 Dec 2025, page 2
Results
Consolidated; ₹ crore.KEI Industries quarterly results
- Revenue growth, 12 monthsRevenue growth, 12 months. The last twelve months against the twelve before them. Left empty where the earlier figure was nought or a loss: growth out of a loss has no percentage.
- +25.2%
- Net profit growth, 12 monthsNet profit growth, 12 months. The last twelve months against the twelve before them. Left empty where the earlier figure was nought or a loss: growth out of a loss has no percentage.
- +33.5%
Quarter to Sep 2026, against the quarter before
- RevenueRevenue. The pill is the change in revenue against the quarter before: this period's figure divided by that one's, less one, in per cent.
- ₹3,776 Crup 18.56%
- Net profitNet profit. The pill is the change in net profit against the quarter before: this period's figure divided by that one's, less one, in per cent. Net profit in the glossary
- ₹262 Crdown 4.26%
- Net marginNet margin. Net profit as a percentage of revenue: how much of each rupee of sales is left after every cost, interest and tax. Net margin in the glossary
- 6.9%
Revenue by quarter
Net profit by quarter, a loss in red
| ₹ crore | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 2,467 | 2,915 | 2,590 | 2,726 | 2,955 | 3,476 | 3,185 | 3,776 |
| Net profit | 165 | 227 | 196 | 204 | 235 | 284 | 274 | 262 |
| Net margin | 6.7% | 7.8% | 7.6% | 7.5% | 7.9% | 8.2% | 8.6% | 6.9% |
Year to Mar 2026, against the year before
- RevenueRevenue. The pill is the change in revenue against the year before: this period's figure divided by that one's, less one, in per cent.
- ₹11,748 Crup 20.66%
- Net profitNet profit. The pill is the change in net profit against the year before: this period's figure divided by that one's, less one, in per cent.
- ₹918 Crup 31.88%
- Net margin
- 7.8%
Revenue by year
Net profit by year, a loss in red
| ₹ crore | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 2,837 | 3,503 | 4,231 | 4,888 | 4,182 | 5,727 | 6,912 | 8,104 | 9,736 | 11,748 |
| Net profit | 98 | 145 | 181 | 256 | 273 | 376 | 477 | 581 | 696 | 918 |
| Net margin | 3.5% | 4.1% | 4.3% | 5.2% | 6.5% | 6.6% | 6.9% | 7.2% | 7.2% | 7.8% |
Business segments
Share of revenue, year to Mar 2026, consolidated.Segment revenue and profit
- Cables & WiresCables & Wires, share of revenue. The segment's revenue as a percentage of the revenue of all the company's reported business segments together, leaving out eliminations between them and unallocated items.₹11,221 Crup 22.27%93.5%
- EPC ProjectEPC Project, share of revenue. The segment's revenue as a percentage of the revenue of all the company's reported business segments together, leaving out eliminations between them and unallocated items.₹561 Crdown 14.45%4.7%
- Stainless Steel WireStainless Steel Wire, share of revenue. The segment's revenue as a percentage of the revenue of all the company's reported business segments together, leaving out eliminations between them and unallocated items.₹217 Crup 0.27%1.8%
Valuation
Today, against the company's own history.KEI Industries PE ratio and valuation
At or below today's level on 65% of 2,478 trading days over the last 10 years.
At or below today's level on 41% of 1,850 trading days since Nov 2018.
At or below today's level on 29% of 2,404 trading days over the last 10 years.
Where the return came from
Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.
| Over | Return a year | Earnings growth | Change in P/E | Dividend yield |
|---|---|---|---|---|
| 1 year | +39.7% | +31.8% | +5.9% | 0.1% |
| 3 years | +33.6% | +22.0% | +9.4% | 0.1% |
| 5 years | +50.7% | +25.8% | +19.6% | 0.1% |
Mutual fund holdings
230 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before. 109 of the 137 funds that added or cut are index funds, ETFs or arbitrage funds: an index fund or ETF holds what its index holds, and an arbitrage fund holds the share against a sale of its future. 1 more fund filed its first portfolio on record, holding it.All 230 funds holding KEI Industries
- Bought for the first timeBought for the first time. Funds that held it at the month's end and had not held it in any month on record before.
- 4
- Bought againBought again. Funds that held it at the month's end, had not held it the month before, and held it in an earlier month.
- 13
- AddedAdded. Funds that held more shares than at the end of the month before.
- 75
- CutCut. Funds that held fewer shares than at the end of the month before.
- 62
- Held unchangedHeld unchanged. Funds that held the same number of shares as at the end of the month before.
- 75
- Sold outSold out. Funds that held it at the end of the month before and hold none at this month's end. Sold out in the glossary
- 13
| Fund | |||
|---|---|---|---|
| 38,50,000 | 4.27% | ₹1,715.2 Cr | |
| 36,64,181 | 2.45% | ₹1,632.4 Cr | |
| 17,83,134 | 2.51% | ₹794.4 Cr | |
| 7,28,852 | 1.67% | ₹324.7 Cr | |
| 5,80,550 | 1.34% | ₹258.6 Cr | |
| 5,00,000 | 2.14% | ₹222.8 Cr | |
| 4,64,308 | 1.08% | ₹206.8 Cr | |
| 4,37,075 | 2.45% | ₹194.7 Cr | |
| 4,33,949 | 1.04% | ₹193.3 Cr | |
| 4,33,253 | 1.03% | ₹193.0 Cr |
Promoter and insider buying and selling
Trades made since 28 Oct 2025.KEI Industries insider trading
- Directors and key managers0 purchases, 5 salesNo purchase₹12 CrNetNet. The value bought on the market less the value sold, over the trades whose filers stated a value.−₹12 Cr1 off-market move
- Others0 purchases, 13 salesNo purchase₹31 CrNet−₹31 Cr
- Employees: no market trade · 9 off-market moves
KEI Industries competitors and peers
Cables - Electricals, 24 listed companies, priced on 28 Oct 2026. The table lists the 8 companies closest to KEI Industries in market cap.Capital goods stocks
Where the company sits among the companies nearest its size
| Company | ||||||||
|---|---|---|---|---|---|---|---|---|
| 1,15,735 | 36.67 | 8.84 | +40.7% | +28.2% | 26.6% | 32.0% | 0.61% | |
| 24,967 | 41.09 | 9.70 | +37.7% | +80.3% | 25.7% | 29.3% | 0.43% | |
| 17,583 | 21.98 | 2.89 | +26.5% | +29.2% | 13.8% | 10.8% | 0.78% | |
| 4,690 | 46.87 | 16.20 | – | – | 41.8% | – | 0.00% | |
| 4,632 | 23.12 | 2.45 | +33.6% | +71.7% | 10.9% | 8.2% | 0.34% | |
| 2,907 | – | – | – | – | – | – | 0.00% | |
| 2,756 | – | – | – | – | – | – | 0.00% | |
| 2,086 | 29.00 | 2.27 | +19.5% | −1.6% | 8.6% | 9.9% | 0.00% |
Dividends
Per share, by the year it was paid for, and the latest payments.KEI Industries dividend history
Dividend per share, ₹, restated for later splits and bonuses
Dividend per share. The dividends declared for the year, each restated to today's share count by the splits and bonuses after its own ex-date, added up. Dividend per share in the glossary| Ex-date | Type | Per share |
|---|---|---|
| 28 Jan 2026 | Interim | ₹4.50 |
| 27 Jan 2025 | Interim | ₹4.00 |
| 19 Mar 2024 | Interim | ₹3.50 |
| 3 Feb 2023 | Interim | ₹3.00 |
| 7 Feb 2022 | Interim | ₹2.50 |
| 9 Mar 2021 | Interim | ₹2.00 |
Latest announcements
Routine notices left out.KEI Industries announcements
Oct 2026
22 Oct · Analysts
21 Oct · Business
KEI Industries share price by year
Each calendar year to 2025.KEI Industries share price history
| Year | Close at year end | Change | Highest close | Lowest close |
|---|---|---|---|---|
| 2025 | 4,460.20 | +0.5% | 4,480.60 | 2,509.75 |
| 2024 | 4,436.65 | +36.5% | 4,825.90 | 2,980.95 |
| 2023 | 3,249.45 | +121.9% | 3,286.70 | 1,426.35 |
| 2022 | 1,464.70 | +25.4% | 1,641.25 | 988.10 |
| 2021 | 1,168.05 | +145.0% | 1,223.80 | 464.05 |
| 2020 | 476.75 | +4.0% | 574.95 | 220.50 |
| 2019 | 458.25 | +27.6% | 593.95 | 310.00 |
| 2018 | 359.20 | −4.6% | 482.25 | 251.50 |
| 2017 | 376.55 | +204.0% | 409.45 | 124.90 |
| 2016 | 123.85 | +3.0% | 135.30 | 90.20 |
Recent sessions
The 9 trading days to 27 Oct 2026, as traded on NSE; the latest is at the top of the page.
| Date | Open | High | Low | Close | Average price | Volume | Delivery |
|---|---|---|---|---|---|---|---|
| 27 Oct 2026 | 3,899.50 | 3,963.50 | 3,870.50 | 3,870.50 | 3,903.01 | 7,93,642 | 55.4% |
| 26 Oct 2026 | 3,720.00 | 3,912.00 | 3,685.20 | 3,899.50 | 3,829.07 | 9,43,498 | 48.4% |
| 23 Oct 2026 | 3,904.30 | 3,918.50 | 3,666.10 | 3,725.00 | 3,724.36 | 8,31,153 | 35.5% |
| 22 Oct 2026 | 4,099.80 | 4,099.80 | 3,744.80 | 3,873.00 | 3,886.94 | 34,34,360 | 29.8% |
| 21 Oct 2026 | 4,454.00 | 4,454.00 | 4,218.10 | 4,230.40 | 4,303.35 | 2,58,447 | 44.0% |
| 19 Oct 2026 | 4,494.00 | 4,520.50 | 4,420.60 | 4,442.00 | 4,455.31 | 2,10,454 | 34.9% |
| 16 Oct 2026 | 4,610.10 | 4,642.40 | 4,480.00 | 4,482.30 | 4,549.56 | 2,80,885 | 36.9% |
| 15 Oct 2026 | 4,641.60 | 4,754.90 | 4,540.80 | 4,571.20 | 4,669.58 | 3,75,929 | 24.3% |
| 14 Oct 2026 | 4,658.20 | 4,705.00 | 4,549.30 | 4,648.00 | 4,640.62 | 2,65,619 | 27.5% |
Price adjustments
What the price chart is corrected for, so it reads as one share held throughout.
| Ex-date | Event | Price factor | What happened |
|---|---|---|---|
| 27 Feb 2025 | Price move | – | Between two trading sessions the price moved by a fifth or more. The company made an announcement in time for trading that day or the trading day before. Not adjusted for. |
Company details
- NSE symbol
- KEI
- BSE code
- 517569
- ISIN
- INE878B01027
- Industry
- Industrial Products
- Website
- www.kei-ind.com
- CIN
- L74899DL1992PLC051527
- Corporate identity number, the registrar of companies' code for it
- Incorporated
- 1992
- Registered office
- D-90, Okhla Industrial Area, Phase 1, New Delhi 110020, Delhi
- Share registrar
- MAS Services Ltd
- Keeps the register of shareholders and handles transfers and dividend payments