KEI Industries Results Analysis-Q2FY2027

Financial performance and key operating metrics (Standalone) : Operating Revenue for Q2FY27 is Rs. 3,776 Crs., 38.52% growth YoY, Total Income is Rs. 3,800.93 Crs., 37.29% growth YoY, Gross Profit is Rs. 837.33 Crs., 28.17% growth YoY, EBITDA is Rs. 401 Crs., 28.69% growth YoY, However, EBITDA Margin is 10.62% declined by 81 Basis points YoY, PBT Rs. 353 Crs., 27.39% growth YoY, PAT Rs. 262 Crs. 28.96% growth YoY. On QoQ basis Op. Revenue is up by 18.56%, Total Income is up by 18.6%, Gross Profit is up by 4.28%, However, EBITDA is down by 3.46%, PBT is down by 4.32% and PAT is also down by 4.26%. Revenue growth was driven by broad-based demand in Wires & Cables. EBITDA growth was due to better operating efficiency and better product mix. Thedomestic Wires & Cables segment posted a healthy 45.76% YoY growth in the quarter, led by sustained demand and operational improvements. Export Wires & Cables Sale increased by 7.27% YoY in Q2 FY 27, however, the Export business is expected to grow substantially due to strong order book position and strengthening demand in key Overseas Markets. EPC Sale (apart from Cable) decreased by 3.78% YoY in Q-2 FY 27. Pending order is approx. 5,185 Crore. Phase 2 (EHV + HT) at Sanand: commercial production by end of March 27.