KEI Industries Limited has successfully completed its voluntary delisting from The Calcutta Stock Exchange Ltd (CSE) effective February 3, 2026. The delisting follows regulatory approval and maintains the company's presence on major national exchanges.

Delisting Details and Timeline

The Calcutta Stock Exchange granted approval for the voluntary delisting through their letter dated February 2, 2026, with the delisting becoming effective from February 3, 2026. This development follows KEI Industries' earlier communication to the exchanges dated January 21, 2026, indicating the company's intention to delist from CSE.

Continued Exchange Presence

Despite the CSE delisting, KEI Industries' equity shares continue to remain listed on both the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE). This ensures that shareholders retain access to nationwide trading facilities without any disruption to their trading activities.

The company specifically noted that since The Calcutta Stock Exchange does not maintain an active platform for trading in equity shares, shareholders are not affected in any manner by this delisting decision. The move appears to be part of streamlining the company's exchange presence to focus on more active trading platforms.

Regulatory Compliance and Communication

KEI Industries has fulfilled all regulatory requirements for the voluntary delisting process. The company communicated the development to both NSE and BSE as required under Regulation 30 of the listing regulations. Additionally, the information has been made available on the company's official website at www.kei-ind.com for stakeholder reference.

The delisting notice was signed by Kishore Kunal, Senior Vice President (Corporate Finance) & Company Secretary, and the CSE delisting notice was issued by Chandrani Datta, OSD & Company Secretary of The Calcutta Stock Exchange Ltd. This voluntary delisting represents a strategic decision to optimize the company's stock exchange presence while maintaining robust trading access for investors through NSE and BSE platforms.

KEI Industries Limited delivered exceptional financial performance in Q3 FY26, demonstrating strong growth across key business segments and reinforcing its position as a leading player in the wires and cables industry. The company's robust results reflect successful execution of its expansion strategy and growing market presence both domestically and internationally.

Financial Performance Highlights

The company reported impressive financial metrics for the third quarter, with significant improvements across all major parameters:

The company's EBITDA margin expansion to 12.00% from 10.29% in the previous year demonstrates improved operational efficiency and better product mix. The profit after tax margin also strengthened to 7.95% compared to 6.67% in Q3 FY25.

Segment-wise Revenue Performance

KEI Industries showcased balanced growth across its business segments, with particularly strong performance in the B2C distribution network:

The B2C segment's contribution increased to 55% from 50% in the previous year, while the company maintained strong institutional sales despite capacity constraints.

Nine-Month Performance and Export Growth

For the nine-month period ending December 2025, KEI Industries sustained its growth momentum with net sales of INR8,271 crores, representing a 21.26% increase. The company's EBITDA for the period reached INR963 crores with a 33% growth rate and an EBITDA margin of 11.64%.

Export performance remained a key highlight, with nine-month export sales reaching INR1,390 crores, achieving an overall growth of 79%. The company has successfully expanded its international presence, becoming the first Indian company to supply extra high-voltage cables to Australia and qualifying for the National Grid UK framework agreement for voltages up to 400 kV.

Capacity Expansion and Future Outlook

KEI Industries has made significant progress on its Sanand facility expansion, with total capital expenditure of INR928 crores incurred during the nine-month period. The Sanand project has received INR1,353 crores in total investment, with an additional INR200 crores planned for the current quarter.

The company has commenced trial production at Sanand in December 2025, with gradual ramp-up planned through the current quarter. Management expects the facility to contribute approximately INR2,700 crores in revenue for the next financial year.

Order Book and Market Position

KEI Industries maintains a robust order book position of INR3,928 crores as of December 31, 2025, providing strong revenue visibility:

The company operates through 2,114 active dealers as of December 31, 2025, strengthening its distribution network across India. Management projects achieving 20% plus growth for the full financial year and expects to improve operating margins in FY26, supported by the Phase 1 commercial production at Sanand and strong order book positions across all segments.