KEI Industries Fall 6.03% Despite Profit Rising 31% YoY to ₹203.5 Crore

New Delhi, October 16: KEI Industries Limited share price is witnessing negative investor demand amid profit booking today, on October 16. As of 12:55 PM, the shares were down by 6.03%, or 266.60 points, and are currently trading at ₹4,154. Until now, the shares have traded within a range of ₹4,435 and ₹4,031.90. The current traded volume stands at 15.92 lakh shares, with the company’s market cap at ₹42,240 crore. The shares have their 52-week high at ₹4,725 and their 52-week low at ₹2,424.

KEI Industries Limited is an Indian company that is engaged in the manufacturing of wires and cables. The company was established in 1968 and is headquartered in New Delhi. The shares of the company are listed on NSE with the ticker symbol KEI and on BSE with the code 517569.

Share Price Falls Despite Profit Rising 31% YoY to ₹203.5 Crore

The share price is falling despite the company reporting strong financials for the second quarter of FY26. KEI Industries reported a revenue of ₹2,726.35 crore, which is a 19.4% increase year-on-year and a 5.3% increase from the previous quarter. The company’s EBITDA rose by 31.2% year-on-year to ₹311.63 crore. The net profit (PAT) increased by 31.5% year-on-year to ₹203.51 crore. For the first half of the financial year, the company’s total revenue surged by 22.25% to ₹5,316.67 crore, while the profit for the six-month period jumped by 30.9% to ₹399.26 crore.

Segment-Wise Performance

Institutional Cable & Wire Division

This division contributed 41.6% of total second quarter sales. Its revenue grew by 28.1% year-on-year, driven by a 116% surge in exports. Domestic institutional sales were ₹581 crore, while sales of EHV (Extra High Voltage) cables grew to ₹128 crore.

Dealer & Distribution Channel

This remained the company’s largest segment, accounting for 54.1% of sales. Sales through this channel increased by 17.3% year-on-year to ₹1,475 crore. The number of active dealers also grew to 2,343.

EPC and SS Wire

The EPC (Engineering, Procurement, and Construction) business revenue declined by 41.1% to ₹47 crore. Sales from stainless steel (SS) wire also fell by 10.6% to ₹53 crore. For the first half of the year, the EPC business contributed just 2.03% of the company’s total sales.

REF: https://nsearchives.nseindia.com/corporate/KEI_15102025174054_FinalKEIEarningPresentationSep25.pdf

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