KEI Industries Q2 FY27 Results: Revenue Rises 38.52% To ₹3,777 Crore As Profit Grows 28.96% Year-On-Year
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KEI Industries reported a 38.52% rise in Q2 FY27 revenue to ₹3,777 crore. Profit after tax also increased 28.96% to reach ₹262 crore. But the EBITDA margin declined to 10.62%.
KEI Industries reported revenue from operations of ₹3,777 crore in Q2 FY27, up 38.52% from ₹2,727 crore in the year-ago quarter. Profit after tax (PAT) increased 28.96% to ₹262 crore from ₹204 crore.
Earnings before interest, tax, depreciation and amortisation (EBITDA) rose 28.69% to ₹401 crore. However, the EBITDA margin narrowed to 10.62% from 11.43% a year earlier.
The KEI Industries share price ended the trading day on 21 October 2026 at ₹4,230.40 on the National Stock Exchange (NSE), a decline of 4.76%.
KEI Industries H1 FY27 Performance
Revenue increased 30.94% year-on-year to ₹6,962 crore in the first half of FY27. EBITDA rose 34.01% to ₹816 crore, and PAT also grew 34.40% to ₹536 crore.
The EBITDA margin improved to 11.73% from 11.46% in the same period last year. The PAT margin also increased slightly to 7.71% from 7.51%.
However, the quarterly figures showed a different pattern as revenue and profit grew, but the EBITDA and PAT margins were lower than a year earlier.
Growth In Domestic Wires And Cables Sales
KEI Industries Q2 results for FY27 showed domestic wires and cables sales growing 45.76% year-on-year to ₹3,184 crore. Export sales increased 7.27% to ₹455 crore. Total wires and cables sales, including exports, reached ₹3,639 crore.
Extra-high-voltage (EHV) cable sales increased 26.20% to ₹217 crore from ₹172 crore in Q2 FY26. Sales through dealers and distributors grew 50.46%, contributing 58.79% of overall sales, compared with 54.12% a year earlier.
For H1 FY27, domestic wires and cables sales rose 37.59% to ₹5,968 crore, while exports increased 0.87% to ₹763 crore. Total wires and cables sales reached ₹6,731 crore.
What Do Pending Orders And Debt Figures Show?
KEI Industries reported a pending order book of approximately ₹5,185 crore. Stainless steel wire sales also increased 15.96% year-on-year in Q2 FY27.
The gross debt increased and stood at ₹285 crore, which was ₹186 crore at the end of March 2026. Cash and bank balances were down from ₹1,513 crore to ₹698 crore. After accounting for acceptances, the reported total debt net of cash was ₹314 crore, compared with a net cash position of ₹592 crore at the end of FY26.
This article is for informational purposes only and should not be considered investment advice from Kotak Neo. For compliance T&C and disclaimers, Visit www.kotakneo.com/disclaimer
Vishwa has spent 10+ years across fintech and FMCG doing what most people miss, connecting the dots, catching trends before they trend, and finding the angle nobody else thought to ask about.
At Kotak Neo, she drives content strategy for neoshorts, Kotak News Desk, and Investing Guide, turning market noise into something worth reading.
When she's not decoding markets, she trades charts for canvases, chasing art, painting, and architecture across cities she's yet to explore.
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