KEI Industries Latest Updates

$KEI Q4 FY26 Financial Metrics: For the fourth quarter ended March 31, 2026, KEI Industries recorded a 19.27% year-on-year increase in consolidated revenue from operations, reaching ₹3,476.40 crore. Consolidated net profit (PAT) for the quarter grew 25.50% year-on-year to hit ₹284.31 crore compared to ₹226.55 crore in Q4 FY25, showcasing steady operational acceleration. EBITDA Margin Improvement: The company's quarterly operating profit (EBITDA) surged 25.43% year-on-year to arrive at ₹424.44 crore. Backed by structural scaling in the high-margin Cables & Wires division and strong asset utilization, the quarterly EBITDA margin expanded to 12.21% from 11.61% in the year-ago period. Segment and Channel Shift Matrix: Sales through the dealer and distribution market grew by 29.28% year-on-year during the final quarter, with B2C retail channels scaling up to contribute 55.70% of overall corporate sales. The company's active national dealer network reached a landmark pool of ,125 distributors. Meanwhile, Cables & Wires segment profits rose 33.5% annually, fully cushioning a 68% drop in low-margin EPC contract profits Healthy Order Book Volume Cover: KEI Industries entered the fresh fiscal loop with a robust order book standing at approximately ₹20,500 crore. Supported by active multi-year pipelines across EHV (Extra-High Voltage), institutional upgrades, solar installations, and underground urban cabling infrastructure, the order book provides more than 1.5 years of clear revenue cover. Massive Capex Allocation Roadmap: To address peak capacity constraints across existing lines, the board has approved a major ₹2,000 crore capital expenditure roadmap spanning over the next 3 to 4 years, funded primarily through internal cash accruals. The multi-phase flagship project at Sanand, Gujarat, is targeting an incremental revenue potential of ₹6,000 crore by FY29, with high-voltage direct current (HVDC) cable manufacturing setups scheduled to come online sequentially.