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In an interview to CNBC-TV18, Anil Gupta, CMD of KEI Industries spoke about the latest happenings in his company and detailed the impact of LoU ban.
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KEI Industries posted a mixed set of Q3 earnings. Their profit after tax (PAT) has increased 50 percent and finance costs have declined. Margins, however, appear under pressure this quarter. In an interview with CNBC-TV18, Anil Gupta, CMD of KEI Industries spoke about the results and his outlook for the company.
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The KEI Industries stock has had a dream run, up nearly 200 percent in the last one year. Motilal Oswal has also turned positive on the stock, betting big on their retail business. In an interview with CNBC-TV18, Anil Gupta, CMD of KEI Industries spoke about the latest happenings in his company and sector.
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The Indian Railways will start tendering 8,000 km of rail lines for electrification every year, starting the next financial year, to complete the network electrification target in the next five years.
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In an interview to CNBC-TV18, MS Unnikrishnan, MD of Thermax and Anil Gupta, CMD of KEI Industries spoke about the teething problems occurring post the implementation of goods and services tax (GST) and how long it will last.
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The KEI Industries stock has had a stellar two days with a 20 percent gain. It's also up a whopping 165 percent this year. In an interview to CNBC-TV18, Anil Gupta, CMD of KEI Industries spoke about the latest happenings in the company and his outlook going ahead.
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Maintain 15 percent revenue growth guidance for FY17, says Rajeev Gupta, ED-Finance & CFO at KEI Industries
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KEI Industries is likely to achieve 15-20 growth in exports in the coming years and CMD Anil Gupta says this is beneficial as export margins are 1-1.5 percent higher versus domestic market.
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Anil gupta, Chairman and MD of KEI Industries told CNBC-TV18 that this agreement will help the company acquire orders up to 400 kV from various public utilities, private players.
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In an interview to CNBC-TV18, Anil Gupta, CMD of KEI Industries spoke about the latest happenings in his company and sector.
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KEI Industries' capacity utilisation is also going to rise to 90-92 percent in FY17 as compared to 85 percent in FY16.
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Speaking to CNBC-TV18, Anil Gupta, CMD of the company said that KEI will get 40-45 percent of its revenue from retail by FY18 and aims to increase the number of dealers to 1500 from current 1000.
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Anil Gupta, CMD of KEI Industries says the company's volume growth for the cable business was at 25 percent in 9 months of FY16.
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Anil Gupta, CMD of the company said this order will open up fresh opportunities for the company in future, while highlighting that the margins might take time to improve.
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Anil Gupta, CMD of the company expects topline growth of 23-25 percent and export growth of 50-60 percent over last year in FY16.
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Sajjan Bhajanka, MD, Century Plyboards is confident of maintaining 25 percent CAGR in FY16 too. The company is all set to launch new ad campaigns in June to improve sales.
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KEI Industries outperformed the market year-to-date with 63 percent gains. Anil Gupta, CMD of the company expects to clock export sales of Rs 250 crore in FY16 and retail sales of Rs 750-800 crore. He is also expecting 20-25 percent growth turnover this fiscal.
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The company aims to repay its fixed term debt in the next two to two and half years. The current term debt is around Rs 200 crore, says Anil Gupta, CMD of KEI Industries.
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In an interview to CNBC-TV18, Anil Gupta, chairman and managing director of KEI Industries says, the current order book of the company is around Rs 700 crore.
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In an interview with CNBC-TV18, Anil Gupta, CMD, KEI Industries says, the company has an order book position of around Rs 750 crore at the moment. He expects Rs 1,750 crore turnover in FY12.
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Anil Gupta, CMD of KEI Industries, in an interview with CNBC-TV18’s Reema Tendulkar and Ekta Batra, spoke about the recent happenings in his company and the road ahead.
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In an interview with CNBC-TV18, Anil Gupta, CMD, KEI Industries gave a sense on the revenue picture of the company in Q4 and the business plans going forward.
