KEI Industries Q2 FY26 Results: Net Profit Surges 31% to ₹204 Crore on Strong Revenue Growth
📊 Quarterly Financial Summary
| Particulars (₹ Crore) | Q2 FY26 | Q2 FY25 | YoY Change |
|---|---|---|---|
| Revenue from Operations | 2,726 | 2,284 | +19.3% |
| EBITDA | 312 | 271 | +15.1% |
| EBITDA Margin | 11.1% | 11.1% | No Change |
| Net Profit (PAT) | 204 | 155 | +31.6% |
| Earnings Per Share (EPS) | 21.30 | 17.15 | +24% |
🧠 Key Highlights & Analysis
1️⃣ Revenue & Profit Growth
Revenue rose 19.3% YoY driven by strong demand in cables, wires, and EPC projects.
Net profit surged 31% YoY to ₹204 crore due to operational efficiencies and cost management.
2️⃣ Stable Margins
EBITDA margin held steady at 11.1%, indicating consistent profitability despite raw material cost pressures.
3️⃣ Segment Performance
Cables & Wires contributed 96% of revenue.
EPC projects showed sequential improvement, indicating growing infrastructure demand.
4️⃣ Strategic Expansion
Sanand greenfield project progressing for EHV, HT, and LT cables, enhancing production capacity.
Order book at ₹3,921 crore ensures revenue visibility for upcoming quarters.
5️⃣ Market & Investor Reaction
Despite strong results, shares dipped 9% to ₹4,032, attributed to margin concerns.
Analysts remain positive, citing robust sector demand and strong order book.
6️⃣ Management Insights
Focus on premium product mix and capacity expansion to maintain growth.
Continued investment in supply chain resilience positions KEI for future growth in power, infrastructure, and real estate sectors.
🔍 Conclusion
KEI Industries’ Q2 FY26 results demonstrate solid revenue growth, strong profit, and operational stability. Strategic expansion, a robust order book, and focus on product mix position the company well for sustained growth in upcoming quarters.
Related Articles
