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.

02 Jun 2020

4131.40

-1.63%

KEI Industries

Buy: KEI Industries Ltd.

Anand Rathi

At 10.7x FY22E EPS, although valuations don't appear very cheap, but given that the company has sufficient capacities to generate revenues of Rs 56bn and has a strong execution record, pre qualifications most all leading institutional clients, pan India distribution network, sufficient cash reserves to fund greenfield capex incase demand picks up sooner, stable debt levels at Rs 3bn levels and fairly stable margins(~10%), we feel the company is well poised to capture growth when the...

Number of FII/FPI investors decreased from 400 to 365 in Jun 2025 qtr

KEI Industries Ltd.

22 Jan 2020, 12:00AM

4131.40

-1.63%

Q3FY20 Result Update

Buy: KEI Industries Ltd.

Prabhudas Lilladhar

KEI Industries Institution sales see an uptick, dealer network sales witness a slowdown During the quarter Institutional cable revenues were up ~40.0% YoY to Rs 7.4bn (Domestic Rs 4.7bn, Export Rs 2.7bn). In Q3FY20, Sales through dealer/ distributor network were up 4.5% YoY to Rs 3.7bn and total active dealers were increased from ~1450 in Q2FY20 to ~1600 in Q3FY20. Housing wire division volumes from dealer network were up 30% while cable division volumes grew 10-12%. Exports grew by 82.6% YoY to Rs 2,720m in Q3FY20...

Number of FII/FPI investors decreased from 400 to 365 in Jun 2025 qtr

KEI Industries Ltd.

22 Jan 2020, 12:00AM

4131.40

-1.63%

Q3FY20 Result Update

Buy: KEI Industries Ltd.

Prabhudas Lilladhar

KEI Industries Ltd. has gained 42.94% in the last 6 Months

KEI Industries Ltd.

14 Nov 2019

4131.40

-1.63%

Q2FY20 Result Update

Buy: KEI Industries Ltd.

Target

Prabhudas Lilladhar

During the quarter Institutional cable revenues were up ~33.0% YoY to Rs 6.9bn (Domestic Rs 4.7bn, Export Rs 2.2bn). Sales through dealer/ distributor network were up 4% YoY to Rs 3.6bn and total active working dealers as on 30th September'19 were ~1450. EHV revenues stood at Rs 950m as compared to Rs 70m in Q2FY19 (driven by new capacity additions). EPC Sales (other than cable) grew by 34.9% to Rs 2bn. Order book as on date is ~Rs 43.7bn and the company is L1 in orders worth Rs 1.3bn. Management has guided 18% topline growth in FY20E and EBITDA margins of...

Number of FII/FPI investors decreased from 400 to 365 in Jun 2025 qtr

KEI Industries Ltd.

14 Nov 2019

4131.40

-1.63%

KEI Industries Ltd

KEI Industries Ltd.

Angel Broking

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

Number of FII/FPI investors decreased from 400 to 365 in Jun 2025 qtr

KEI Industries Ltd.

11 Nov 2019

4131.40

-1.63%

KEI Industries Ltd

KEI Industries Ltd.

Angel Broking

KEI Industries Ltd. has gained 42.94% in the last 6 Months

KEI Industries Ltd.

07 Aug 2019

4131.40

-1.63%

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 4574.33 from 6 brokers.

KEI Industries Ltd.

22 May 2019, 12:00AM

4131.40

-1.63%

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 4574.33 from 6 brokers.

KEI Industries Ltd.

22 May 2019, 12:00AM

4131.40

-1.63%

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/...