NSE: KEI | BSE: 517569

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4054.20 4.90 (0.12%)

67.25% Gain from 52W Low

310.3K NSE+BSE Volume

NSE 29 Sep, 2025 3:31 PM (IST)

38,738.9

Market Cap

Market Runner Up

1.2

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.

12 Feb 2019

4054.20

0.12%

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 4574.33 from 6 brokers.

KEI Industries Ltd.

06 Feb 2019

4054.20

0.12%

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 4574.33 from 6 brokers.

KEI Industries Ltd.

05 Feb 2019

4054.20

0.12%

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 4574.33 from 6 brokers.

KEI Industries Ltd.

28 Nov 2018, 09:20AM

4054.20

0.12%

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 400 to 365 in Jun 2025 qtr

KEI Industries Ltd.

02 Nov 2018

4054.20

0.12%

Result Updates

Buy: KEI Industries Ltd.

Target

Angel Broking

For 2QFY2019, KEI Industries (KEI) posted good set of results, exceeding our expectations on both, top-line as well as bottom-line fronts. Revenue grew by ~33% yoy (above our estimate), however, the company reported a marginal dip in operating margins. On the bottom-line front, KEI reported growth of ~45% yoy to`41cr on the back of strong..

KEI Industries Ltd. is trading above all available SMAs

KEI Industries Ltd.

13 Aug 2018

4054.20

0.12%

Result Updates

Buy: KEI Industries Ltd.

Angel Broking

For 1QFY2019, KEI Industries (KEI) posted mixed set of results. Top-line was lower compared to our estimates, however, the company was able to maintain the bottom-line growth. Revenues grew by ~7% yoy (below our estimate) but company reported improvement on operating margin front. On the bottom-line front, KEI reported growth of ~17% yoy ..

KEI Industries Ltd. is trading above all available SMAs

KEI Industries Ltd.

13 Aug 2018

4054.20

0.12%

In-line Q1, outlook remains robust

Buy: KEI Industries Ltd.

Target

Motilal Oswal

Within wires and cables, low tension (LT) grew at 5% YoY, followed by high tension (HT) at 39%, stainless steel wires (SS) at 17% and house wires (HW) at 71%. Extra High Voltage cables (EHV) declined 34% due to non-clearance of few orders from the customers. However, the same were dispatched in July. With strong execution and health order book of INR4.5bn and L1 in INR0.3bn, we expect EHV revenues to double in FY19. Robust capex to support revenue: The new LT cables plant at Pathredi, Rajasthan got operational by May end. KEI plans to incur additional capex...

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

KEI Industries Ltd.

21 May 2018

4054.20

0.12%

Result Updates

Buy: KEI Industries Ltd.

Target

Angel Broking

For 4QFY2018, KEI Industries (KEI) posted good set of results, exceeding our expectations on both, top-line as well as bottom-line fronts. Revenues grew by ~39% yoy (above our estimate), however, the company reported flat operating margins. On the bottom-line front, KEI reported growth of ~40% yoy to `50cr on the back of strong top-line g..

KEI Industries Ltd. has an average target of 4574.33 from 6 brokers.

KEI Industries Ltd.

21 May 2018

4054.20

0.12%

S tellar performance continues???

Buy: KEI Industries Ltd.

Target

Motilal Oswal

Robust capex to support revenue: In FY18, KEI incurred a greenfield capex of INR 0.5bn at Pathredi, Rajasthan to add capacity in LT cables, which will be operational by end of May 2018. It plans to incur additional capex of INR0.6bn in FY19 to add new HT cable line other than ongoing capex. The same is likely to be operational by March 2019. LT cables will add INR3bn and HT cable will...

KEI Industries Ltd. has gained 40.15% in the last 6 Months

Is KEI Industries Ltd. worth buying?

369 Votes:

Buy 81.3%

Sell 10.57%

Hold 8.13%

RESEARCH REPORTS

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