Shares of KEI Industries Ltd ended at ₹5,010.00, up by ₹11.70, or 0.23%, on the BSE. 3 Min Read
Cable maker KEI Industries Ltd on Monday (August 3) reported a consolidated net profit of ₹274 crore for the first quarter, up 40.1% from ₹196 crore in the corresponding period last year. The profit was higher than the CNBC-TV18 poll estimate of ₹253 crore. The Profit After Tax margin improved to 8.61% in Q1 FY27 from 7.56% in the year-ago period. Revenue from operations increased 23% year-on-year to ₹3,185 crore from ₹2,590 crore in Q1 FY26, driven by broad-based demand across the wires and cables segment and balanced business performance. Revenue was below the CNBC-TV18 poll estimate of ₹3,283 crore.
The company’s EBITDA (earnings before interest, taxes, depreciation and amortisation) rose 53.4% to ₹396 crore from ₹258 crore in the year-ago quarter, supported by better operating efficiency and product mix. EBITDA was above the CNBC-TV18 poll estimate of ₹357 crore. ALSO READ | KEI Industries shares fall 6% after Morgan Stanley downgrade; check new target
EBITDA margin improved to 12% from 10% in the corresponding period last year. The margin was also higher than the CNBC-TV18 poll estimate of 10.9%. EBITDA margin expanded by around 155 basis points. The domestic wires and cables segment reported 29.31% year-on-year growth during the quarter, led by sustained demand and operational improvements. Export sales of wires and cables declined 7.29% year-on-year in Q1 FY27.
The company said the export business is expected to grow due to a strong order book position and improving demand in key overseas markets. ALSO READ | KEI Industries eyes over 20% revenue growth in FY27, led by Sanand expansion
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Extra high voltage (EHV) cable sales increased to ₹186 crore in Q1 FY27 from ₹126 crore in Q1 FY26, registering a growth of 47.74% year-on-year. Total wires and cables sales, including exports, stood at ₹3,092 crore, contributing 97.08% of total sales in Q1 FY27 compared with 95.96% in Q1 FY26. Sales through dealers and distributors grew 41.98% year-on-year and contributed 59.09% of overall sales in Q1 FY27, compared with 51.18% in the previous year. The company had 2,128 active working dealers as of June 30, 2026. During Q1 FY27, engineering, procurement and construction (EPC) sales, excluding cables, contributed 1.36% of total sales.
Export sales of EPC stood at ₹4 crore during the quarter compared with ₹14 crore in the year-ago period. Stainless steel wire sales contributed 1.66% during the quarter. Export sales of stainless steel wire stood at ₹28 crore, compared with ₹27 crore in the previous year.
KEI Industries reported pending orders of approximately ₹4,292 crore. ALSO READ | KEI Industries under pressure amid IT searches across multiple locations
On a standalone basis, financial charges stood at ₹17.68 crore in Q1 FY27 compared with ₹14.50 crore in the same period last year. Financial charges as a percentage of net sales remained largely stable at 0.55% compared with 0.56%. Net sales stood at ₹3,185.34 crore in Q1 FY27 compared with ₹2,590.32 crore in Q1 FY26. EBITDA increased to ₹415.41 crore from ₹297.63 crore, while PAT rose to ₹274.14 crore from ₹195.75 crore in the year-ago quarter. Shares of KEI Industries Ltd ended at ₹5,010.00, up by ₹11.70, or 0.23%, on the BSE.
ALSO READ | Polycab, KEI Industries shares down over 10% in two sessions as weak demand concerns surface
First Published:
Aug 3, 2026 6:57 PM
IST
Home Market News Stocks News KEI Industries Q1 net profit jumps 40% on strong wires & cables demand; margin expands
