KEI Industries expects over 10% volume and 25% revenue

KEI Industries Limited (KEI) CMD Anil Gupta has guided for over 10% volume growth and 25% revenue growth in FY27. He also said the Sanand EHV facility is expected to commence by the end of March 2027. The company expects FY27 volume growth to be over 10% and revenue growth to be 25%. The Sanand EHV facility is slated to commence by end-March 2027. Management noted that West Asia market demand is present but logistics remain an issue. On UltraTech’s entry into the wires and cables segment, the company said the Street is taking the impact on incumbents too seriously and does not expect price-cut-led competition. The key triggers are the FY27 guidance of over 10% volume growth and 25% revenue growth, along with the timeline for the Sanand EHV facility. This supports the view of capacity-led growth in the wires and cables segment. Peers such as Polycab India, RR Kabel, and Finolex Cables may face comparison on volume growth and competitive response to new entrants. Near-term prices could react positively to the growth guidance and management’s confidence on pricing discipline. Risks include delays in the Sanand EHV commissioning or logistics challenges impacting West Asia exports. Competitors listed: Polycab India, RR Kabel, Finolex Cables.