KEI Industries stock rises as Q4 impresses Street

EI shares have rallied 25 percent since the start of the year.

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26 Aug, 2025 12:21

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Shares of KEI Industries Limited traded over 2 percent higher to Rs 4,102 on May 3 after the company clocked a profit of Rs 168.5 crore during the quarter, up 22 percent from Rs 138 crore in the year-ago period.

At about 10 am, shares of the company were trading at Rs 4,047, up 1.5 percent from the previous close on the NSE. The shares have rallied 25 percent since the start of the year.

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The company's revenue rose 19 percent to Rs 2,319.2 crore from Rs 1,952.9 crore reported during the same period last year.

As for the earnings before interest, taxes, depreciation, and amortisation or EBITDA, it stood at Rs 244.5 crore, a 21 percent increase over Rs 202.1 crore in the fourth quarter of FY23. The company's EBITDA margin increased from 10.4 percent to 10.5 percent year-on-year.

Last month, Motilal Oswal has said, as it initiated coverage the wire manufacturer stocks with a 'buy' call as the country's electrical industry, estimated to be about Rs 1.8 trillion, is likely to post a 10 percent CAGR over the next few years.

The cables and wires segment, which accounts for around 39 percent of the electrical industry, is a crucial part of the construction and infrastructure activities. The increased focus on infrastructure, traction in the real estate sector, electrification of villages, and a growing number of nuclear families could "spur cables and wires industry growth," Motilal Oswal analysts write in the note.

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