KEI Industries Q1 FY27 Results: Shares Gain Nearly 7% In Early Trade As Profit, Revenue And Margins Improve

KEI Industries shares climbed 6.77% to ₹5,363.20 during Tuesday's early trading session. This was after the company reported strong earnings for the first quarter of FY27.

The company posted a consolidated net profit of ₹274 crore for Q1 FY27, up 40% from ₹196 crore in the corresponding quarter last year. The profit after tax (PAT) margin improved to 8.61% from 7.56% a year earlier.

KEI Industries Q1 FY27: Key Financial Highlights

• Revenue from operations: ₹3,185 crore, up 23% year-on-year (YoY) from ₹2,590 crore.

• Consolidated net profit: ₹274 crore, up 40% YoY from ₹196 crore.

• Earnings Before Interest, Taxes, Depreciation, and Amortisation (EBITDA): Increased 39.57% YoY.

• EBITDA margin: 13.04%, up from 11.49% in Q1 FY26, up around 155 basis points.

Wires And Cables Business Drives Growth

The wires and cables segment remained the biggest contributor to the company's performance during the quarter. Domestic wires and cables sales grew 29.31% YoY. Total wires and cables sales, including exports, stood at ₹3,092 crore and accounted for 97.08% of total revenue, compared with 95.96% in the year-ago period.

Dealer and distributor-led sales increased 41.98% YoY and contributed 59.09% of total sales, up from 51.18% a year ago. KEI Industries had an active dealer network of 2,128 as of 30 June 2026. The Extra High Voltage (EHV) cable business also recorded strong growth. Sales rose to ₹186 crore from ₹126 crore in the corresponding quarter last year, marking a 47.74% increase.

Export wires and cables sales fell 7.29% YoY. However, the company said it expects overseas business to improve, supported by a healthy order book and stronger demand in key international markets.

Segment Revenue And Order Book

The Engineering, Procurement and Construction (EPC) segment contributed ₹43 crore, while the Stainless Steel (SS) Wires business reported revenue of ₹53 crore. KEI Industries ended the June quarter with a pending order book of around ₹4,292 crore, providing revenue visibility for the coming quarters.

Institutional Investors Increase Holdings

Shareholding data showed continued interest from institutional investors. Foreign Institutional Investors (FIIs) increased their holding to 27.32% in Q1FY27. It was 27.27% in the previous quarter. Mutual fund holdings also increased to 22.52% from 22.43%. At 1:27 PM, KEI Industries shares were trading 7.36% up on the National Stock Exchange (NSE).

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