KEI Industries , a leading cable and wire manufacturer, reported a robust 31.3% year-on-year increase in net profit for the September quarter, despite a 9% drop in its share price. The company's financial performance demonstrates strong growth amid market volatility.

Financial Highlights

KEI Industries posted impressive financial results for Q2:

The company's revenue growth was driven by strong performance across its business segments, particularly in retail and exports.

Segment Performance

• Retail segment: 35% growth
• Exports: 15% growth
• Institutional segment: 3% growth

The company maintained a high capacity utilization of about 80% during the fiscal year.

Market Response

Despite the strong financial performance, KEI Industries' shares fell 9% to ₹4,032.00. This market reaction suggests that investors may have already priced in high expectations or are responding to broader market trends.

Analyst Perspective

Nuvama Institutional Equities maintains a Buy rating on KEI Industries with a target price of ₹4,450.00. The brokerage cites strong demand in the cables sector as a key factor supporting their positive outlook.

Long-term Performance

KEI Industries' stock has demonstrated significant growth, rallying 53% over the past six months. This performance reflects the company's strong positioning in the power and housing sectors, benefiting from ongoing infrastructure and real estate demand.

Future Outlook

According to the company's board meeting disclosure, KEI Industries is progressing with its expansion plans:

• The first phase of production for LT/HT Cables at the new Sanand, Ahmedabad facility is scheduled to commence by November 2025.
• EHV Cable production at the same facility is expected to start by Q4 FY 2026-27.

These expansion efforts align with the company's strategy to capitalize on the growing demand in the power and infrastructure sectors.

KEI Industries continues to demonstrate strong financial performance and strategic growth initiatives, positioning itself to benefit from the ongoing infrastructure development in India's power and housing sectors.

KEI Industries , a prominent player in the cables and wires sector, witnessed a significant block trade on the National Stock Exchange (NSE) on October 15, 2025. The transaction involved approximately 160,403 shares changing hands at a price of Rs. 4,175.40 per share, amounting to a total value of Rs. 66.97 crore.

Transaction Details

This block trade represents a substantial movement of KEI Industries' shares, potentially indicating interest from institutional investors or large stakeholders in the company.

Company Performance

While the block trade is noteworthy, it's important to consider KEI Industries' recent financial performance for context. According to the company's latest financial results:

• KEI Industries reported a robust revenue growth of 19.38% year-on-year for Q2 FY2026, with revenue reaching Rs. 2,727.00 crore.
• The company's EBITDA margin improved to 11.43% in Q2 FY2026, compared to 10.40% in the same quarter of the previous year.
• Net profit for Q2 FY2026 stood at Rs. 204.00 crore, marking a significant 31.47% increase from the previous year.

Business Segments

KEI Industries operates in three main segments:

1. Cables & Wires: This segment contributed significantly to the company's revenue, with domestic institutional cable and wire sales reaching Rs. 581.00 crore in Q2 FY2026.
2. Stainless Steel Wire: The company reported sales of Rs. 53.00 crore in this segment for Q2 FY2026.
3. EPC Projects: This segment saw sales of Rs. 47.00 crore in Q2 FY2026, excluding cable sales.

Expansion Plans

The company is currently in the process of expanding its manufacturing capabilities. KEI Industries' Board of Directors recently reviewed the project implementation status for setting up a new cable manufacturing facility at Sanand, Ahmedabad, Gujarat. The first phase of production for LT/HT Cables is expected to commence by November 2025, with EHV Cable production slated to begin in Q4 FY2026-27.

This expansion aligns with the company's growth strategy and may contribute to its future performance, potentially influencing investor interest as reflected in transactions like the recent block trade.

As KEI Industries continues to grow and expand its operations, market participants will likely keep a close eye on the company's performance and any significant share movements, such as this block trade, which may indicate shifting investor sentiments or strategic positions being taken in the stock.