NSE: KEI | BSE: 517569

Expensive Performer

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3780.00 5.50 (0.15%)

55.94% Gain from 52W Low

351.8K NSE+BSE Volume

NSE 27 Jun, 2025 3:31 PM (IST)

36,118.9

Market Cap

Market Runner Up

1.1

Beta 1Year

High Volatility

KEI Industries Ltd. share price target and research reports

Latest analyst research reports with target prices and PDF download for KEI, BSE:517569 KEI Industries Ltd.

KEI Industries Ltd.

11 Nov 2019

3780.00

0.15%

For 2QFY2020, KEI Industries (KEI) posted good set of results, which are largely inline with our expectations on both top-line as well as bottom-line fronts. Revenue grew by ~23% yoy, while the company reported a slight marginal contraction on operating level. On the bottom-line front, KEI reported growth of ~84% yoy to `76cr on the

KEI Industries Ltd. has gained 31.10% in the last 3 Months

KEI Industries Ltd.

07 Aug 2019

3780.00

0.15%

Q1FY20 Result Update

Buy: KEI Industries Ltd.

Prabhudas Lilladhar

During the quarter Institutional cables sales were up ~21.0% YoY to Rs 5.3bn (Domestic Rs 4.2bn, Export Rs 1.1bn). Sales through dealer/ distributor network were up 23% YoY at Rs 3.7bn and total active working dealers as on 30th June'19 were more than 1500. EHV sales in the quarter were Rs 780m as compared to Rs 390m in 1QFY19. EPC Sales (other than cable) grew by 23.0% to Rs 1.95bn. Order book as on date is ~Rs 44.1bn plus L1 Rs 1.2bn of EHV. Management has guided 18% growth in revenues and EBITDA margins of 10.5-11% in FY20E on back of better product mix (increase in EGV and export...

KEI Industries Ltd. has an average target of 3861.60 from 5 brokers.

KEI Industries Ltd.

22 May 2019

3780.00

0.15%

KEI Industries

Buy: KEI Industries Ltd.

Dolat Capital

Numbers beat estimates, traction continues. Maintain Buy The KEI Industries (KEI) results were more than our estimates, driven by strong sales in the retail segment and growth in EPC and institutional orders. KEI is focusing on expanding its dealer network, as this sales channel offers higher brand stickiness as well as better margins and lower working capital requirement. The institutional sale growth was a positive and management expect this division to grow in double digits. The EHV sales was another growth engine and is expected to rise further,...

KEI Industries Ltd. has an average target of 3861.60 from 5 brokers.

KEI Industries Ltd.

22 May 2019

3780.00

0.15%

Q4FY19 Result Update

Buy: KEI Industries Ltd.

Target

Prabhudas Lilladhar

KEI Industries (KEII) reported robust numbers with revenues growing 22.2% YoY and 15.8% QoQ to Rs 12,588m. EBITDA grew 36.1% YoY and 16.9% QoQ to Rs 1,376m. EBITDA margins sustained at 10.9%, higher by 110bp YoY and 10bps QoQ on back of better fixed costs absorption. PAT grew 20.9% YoY and 23.8% QoQ to Rs 599m. During FY19, revenues/EBITDA/PAT grew by 22.2%/ 30.7%/ 25.8% to Rs 42,270m/ Rs 4,422m/...

KEI Industries Ltd. is trading above all available SMAs

KEI Industries Ltd.

22 May 2019

3780.00

0.15%

Q4FY19 Result Update

Buy: KEI Industries Ltd.

Target

Prabhudas Lilladhar

KEI Industries Ltd. has an average target of 3861.60 from 5 brokers.

KEI Industries Ltd.

12 Feb 2019

3780.00

0.15%

KEI Industries Ltd

Buy: KEI Industries Ltd.

Target

Angel Broking

For 3QFY2019, KEI Industries (KEI) posted good set of results, which are largely in-line with our expectations on both top-line as well as bottom-line fronts. Revenue grew by ~22% yoy, while the company reported a marginal improvement on operating margins front. On the bottom-line front, KEI reported growth of ~24% yoy to `48cr on the

KEI Industries Ltd. has an average target of 3861.60 from 5 brokers.

KEI Industries Ltd.

06 Feb 2019

3780.00

0.15%

St rong Q3 performance, outlook remains robust

Buy: KEI Industries Ltd.

Target

Motilal Oswal

KEI's revenue grew 22% YoY to INR10.9bn driven by strong growth in wires and cables segment. Within that, high tension (HT) cables grew 88% YoY, followed by house wires (HW 48%), extra high voltage cables (EHV 29%), and stainless steel wires (SS 14%). We expect a revenue CAGR of 20% to INR59bn over FY19-21E. This will be majorly driven by strong revenue growth in EHV, HW and HT cables. Going ahead, KEI plans to incur an additional capex of ~INR1bn in FY19 to add HT cable at Pathredi and HW at Silvassa. HT cable and phase 1 of HW is likely to be operational by March 2019, while phase 2 of HW is likely to be operational by end of FY20E (additional capex of INR0.3bn in FY20). Robust revenue growth along with EBITDA margin expansion supported KEIs 3Q PAT growth. Going ahead, we expect KEI to report PAT CAGR of 30% to INR3bn over FY19-21E and EBITDA margins of 10.

KEI Industries Ltd. has an average target of 3861.60 from 5 brokers.

KEI Industries Ltd.

05 Feb 2019

3780.00

0.15%

Growth to sustain beyond FY19

Buy: KEI Industries Ltd.

Target

Prabhudas Lilladhar

This quarter saw the company report highest EBITDAM of 10.8% as compared to the last 8 quarters. In spite of drop in gross margins, EBITDAM improved by 130bps YoY and 70bps QoQ due to lower forex loss during the quarter, higher volumes and better product mix. The management is confident of sustaining these margins and hopes to inch closer towards the 11% mark in keeping with...

KEI Industries Ltd. has an average target of 3861.60 from 5 brokers.

KEI Industries Ltd.

28 Nov 2018, 09:20AM

3780.00

0.15%

KEI Industries Ltd. - Company Update - Wired for growth

Buy: KEI Industries Ltd.

Religare

Established in 1968 in New Delhi, KEI Industries Ltd. (KEI) is engaged in manufacturing and marketing of Extra-High Voltage (EHV), Medium Voltage (MV) and Low Voltage (LV) power cables & House Wire. It has a diversified business model spread across different markets (domestic 87% and exports 13%) and segments (Retail 32% and Institutional 55%).

Number of FII/FPI investors decreased from 501 to 400 in Mar 2025 qtr

Is KEI Industries Ltd. worth buying?

367 Votes:

Buy 81.2%

Sell 10.63%

Hold 8.17%

RESEARCH REPORTS

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