Shares of KEI Industries declined by 2.08% to trade at Rs 3,783.20 in Friday's session, making it one of the top losers on the Nifty Midcap 150 index. This price movement reflects a notable shift from the previous close.
Financial Snapshot
The following tables provide a summary of KEI Industries' financial performance on both a quarterly and annual basis.
Consolidated Quarterly Financials
| Heading | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 |
|---|---|---|---|---|---|
| Revenue | Rs 2,060.50 Crore | Rs 2,279.65 Crore | Rs 2,467.27 Crore | Rs 2,914.79 Crore | Rs 2,590.32 Crore |
| Net Profit | Rs 150.25 Crore | Rs 154.81 Crore | Rs 164.81 Crore | Rs 226.55 Crore | Rs 195.75 Crore |
| EPS | 16.65 | 17.16 | 17.87 | 23.71 | 20.49 |
Consolidated Yearly Financials
| Heading | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | Rs 4,181.54 Crore | Rs 5,726.55 Crore | Rs 6,912.33 Crore | Rs 8,104.08 Crore | Rs 9,735.88 Crore |
| Net Profit | Rs 273.31 Crore | Rs 375.98 Crore | Rs 477.34 Crore | Rs 580.85 Crore | Rs 696.41 Crore |
| EPS | 30.47 | 41.77 | 52.94 | 64.37 | 75.65 |
| BVPS | 197.88 | 237.00 | 287.08 | 348.88 | 605.49 |
| ROE | 15.37 | 17.60 | 18.43 | 18.44 | 12.03 |
| Debt to Equity | 0.16 | 0.16 | 0.05 | 0.04 | 0.03 |
Annual Income Statement
| Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | |
|---|---|---|---|---|---|
| Sales | Rs 9,735 Crore | Rs 8,104 Crore | Rs 6,912 Crore | Rs 5,726 Crore | Rs 4,181 Crore |
| Other Income | Rs 71 Crore | Rs 49 Crore | Rs 27 Crore | Rs 14 Crore | Rs 20 Crore |
| Total Income | Rs 9,807 Crore | Rs 8,153 Crore | Rs 6,939 Crore | Rs 5,741 Crore | Rs 4,201 Crore |
| Total Expenditure | Rs 8,815 Crore | Rs 7,328 Crore | Rs 6,263 Crore | Rs 5,193 Crore | Rs 3,778 Crore |
| EBIT | Rs 992 Crore | Rs 825 Crore | Rs 676 Crore | Rs 547 Crore | Rs 422 Crore |
| Interest | Rs 55 Crore | Rs 43 Crore | Rs 34 Crore | Rs 40 Crore | Rs 57 Crore |
| Tax | Rs 240 Crore | Rs 200 Crore | Rs 164 Crore | Rs 131 Crore | Rs 92 Crore |
| Net Profit | Rs 696 Crore | Rs 580 Crore | Rs 477 Crore | Rs 375 Crore | Rs 273 Crore |
Quarterly Income Statement
| Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | |
|---|---|---|---|---|---|
| Sales | Rs 2,590 Crore | Rs 2,914 Crore | Rs 2,467 Crore | Rs 2,279 Crore | Rs 2,060 Crore |
| Other Income | Rs 39 Crore | Rs 37 Crore | Rs 13 Crore | Rs 16 Crore | Rs 17 Crore |
| Total Income | Rs 2,629 Crore | Rs 2,951 Crore | Rs 2,480 Crore | Rs 2,296 Crore | Rs 2,078 Crore |
| Total Expenditure | Rs 2,352 Crore | Rs 2,632 Crore | Rs 2,245 Crore | Rs 2,075 Crore | Rs 1,861 Crore |
| EBIT | Rs 277 Crore | Rs 319 Crore | Rs 235 Crore | Rs 221 Crore | Rs 216 Crore |
| Interest | Rs 14 Crore | Rs 13 Crore | Rs 14 Crore | Rs 13 Crore | Rs 14 Crore |
| Tax | Rs 67 Crore | Rs 78 Crore | Rs 56 Crore | Rs 53 Crore | Rs 52 Crore |
| Net Profit | Rs 195 Crore | Rs 226 Crore | Rs 164 Crore | Rs 154 Crore | Rs 150 Crore |
Cash Flow
| Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | |
|---|---|---|---|---|---|
| Operating Activities | Rs -32 Crore | Rs 610 Crore | Rs 513 Crore | Rs 228 Crore | Rs 153 Crore |
| Investing Activities | Rs -1,500 Crore | Rs -352 Crore | Rs -137 Crore | Rs -58 Crore | Rs 75 Crore |
| Financing Activities | Rs 1,918 Crore | Rs -71 Crore | Rs -255 Crore | Rs -31 Crore | Rs -128 Crore |
| Others | Rs 0 Crore | Rs 0 Crore | Rs 0 Crore | Rs 0 Crore | Rs 0 Crore |
| Net Cash Flow | Rs 385 Crore | Rs 186 Crore | Rs 120 Crore | Rs 138 Crore | Rs 100 Crore |
Balance Sheet
| Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | |
|---|---|---|---|---|---|
| Share Capital | Rs 19 Crore | Rs 18 Crore | Rs 18 Crore | Rs 18 Crore | Rs 17 Crore |
| Reserves & Surplus | Rs 5,766 Crore | Rs 3,130 Crore | Rs 2,571 Crore | Rs 2,117 Crore | Rs 1,760 Crore |
| Current Liabilities | Rs 1,348 Crore | Rs 1,431 Crore | Rs 1,117 Crore | Rs 1,332 Crore | Rs 1,142 Crore |
| Other Liabilities | Rs 100 Crore | Rs 76 Crore | Rs 63 Crore | Rs 58 Crore | Rs 93 Crore |
| Total Liabilities | Rs 7,234 Crore | Rs 4,656 Crore | Rs 3,770 Crore | Rs 3,527 Crore | Rs 3,013 Crore |
| Fixed Assets | Rs 1,378 Crore | Rs 891 Crore | Rs 581 Crore | Rs 547 Crore | Rs 544 Crore |
| Current Assets | Rs 5,634 Crore | Rs 3,697 Crore | Rs 3,161 Crore | Rs 2,961 Crore | Rs 2,445 Crore |
| Other Assets | Rs 221 Crore | Rs 67 Crore | Rs 26 Crore | Rs 18 Crore | Rs 24 Crore |
| Total Assets | Rs 7,234 Crore | Rs 4,656 Crore | Rs 3,770 Crore | Rs 3,527 Crore | Rs 3,013 Crore |
| Contingent Liabilities | Rs 1,631 Crore | Rs 1,119 Crore | Rs 208 Crore | Rs 286 Crore | Rs 1,192 Crore |
Financial Ratios
| Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | |
|---|---|---|---|---|---|
| Basic EPS (Rs.) | 75.65 | 64.37 | 52.94 | 41.77 | 30.47 |
| Diluted Eps (Rs.) | 75.55 | 64.25 | 52.86 | 41.56 | 30.47 |
| Book Value /Share (Rs.) | 605.49 | 348.88 | 287.08 | 237.00 | 197.88 |
| Dividend/Share (Rs.) | 4.00 | 3.50 | 3.00 | 2.50 | 2.00 |
| Face Value | 2 | 2 | 2 | 2 | 2 |
| Gross Profit Margin (%) | 10.91 | 10.93 | 10.61 | 10.53 | 11.49 |
| Operating Margin (%) | 10.19 | 10.18 | 9.78 | 9.56 | 10.10 |
| Net Profit Margin (%) | 7.15 | 7.16 | 6.90 | 6.56 | 6.53 |
| Return on Networth / Equity (%) | 12.03 | 18.44 | 18.43 | 17.60 | 15.37 |
| ROCE (%) | 16.86 | 25.58 | 25.51 | 24.96 | 22.58 |
| Return On Assets (%) | 9.62 | 12.47 | 12.66 | 10.66 | 9.06 |
| Current Ratio (X) | 4.18 | 2.58 | 2.83 | 2.22 | 2.14 |
| Quick Ratio (X) | 2.90 | 1.65 | 1.84 | 1.41 | 1.47 |
| Debt to Equity (x) | 0.03 | 0.04 | 0.05 | 0.16 | 0.16 |
| Interest Coverage Ratios (X) | 19.10 | 20.19 | 21.14 | 14.94 | 7.38 |
| Asset Turnover Ratio (%) | 1.64 | 1.92 | 1.89 | 1.75 | 138.73 |
| Inventory Turnover Ratio (X) | 6.32 | 5.04 | 4.73 | 4.91 | 5.44 |
| 3 Yr CAGR Sales (%) | 30.39 | 39.21 | 18.92 | 16.34 | 9.85 |
| 3 Yr CAGR Net Profit (%) | 36.10 | 45.78 | 36.47 | 44.23 | 37.39 |
| P/E (x) | 38.24 | 53.75 | 32.09 | 30.19 | 17.15 |
| P/B (x) | 4.77 | 9.90 | 5.92 | 5.33 | 2.64 |
| EV/EBITDA (x) | 24.36 | 34.53 | 20.34 | 18.84 | 9.91 |
| P/S (x) | 2.84 | 3.85 | 2.22 | 1.99 | 1.12 |
Corporate Actions
KEI Industries has scheduled analyst/investor meetings with Motilal Oswal Financial Services Ltd on September 2, 2025, Elara Securities (India) Private Limited on September 3, 2025, and Goldman Sachs (India) Securities Pvt. Ltd. on September 4, 2025.
The company announced an interim dividend of Rs 4.00 per share (200%) with an effective date of January 27, 2025. Previously, an interim dividend of Rs 3.50 per share (175%) was announced with an effective date of March 19, 2024.
A stock split was announced on September 13, 2006, with the old face value of Rs 10 and a new face value of Rs 2. The ex-split date was December 21, 2006.
Moneycontrol's analysis on August 26, 2025, indicated a neutral sentiment for the stock.
With the stock's last traded price at Rs 3,783.20, KEI Industries experienced a downturn during today's session.
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