KEI Industries Reports Robust Q2 Performance with 19% Revenue Growth and 31% PAT Surge

KEI Industries , a leading player in the wire and cable industry, has reported impressive financial results for the second quarter, showcasing strong growth across key metrics.

Financial Highlights

Metric	Q2 Performance	YoY Growth
Net Sales	₹2,726.00 crores	19.38%
EBITDA	₹311.63 crores	31.20%
EBITDA Margin	11.43%	103 bps
Profit After Tax	₹203.00 crores	31.47%
Export Sales	₹472.00 crores	96.00%

KEI Industries demonstrated robust performance in the second quarter, with net sales reaching ₹2,726.00 crores, marking a significant 19.38% year-over-year growth. The company's Wire and Cable segment, a key driver of revenue, grew by 22% compared to the same period last year.

Profitability and Operational Efficiency

The company's profitability saw substantial improvement, with EBITDA increasing by 31.20% to ₹311.63 crores. EBITDA margins expanded from 10.40% to 11.43%, indicating enhanced operational efficiency. Profit after tax (PAT) surged by 31.47% to ₹203.00 crores, reflecting strong bottom-line growth.

Export Performance and Order Book

KEI Industries reported an all-time high in export sales, reaching ₹472.00 crores and representing an impressive 96.00% growth. This performance underscores the company's expanding global presence and competitiveness in international markets.

The company maintains a robust order book of ₹3,824.00 crores, providing visibility for future revenue streams and indicating strong demand for its products.

Expansion Plans and Future Outlook

The first phase of KEI Industries' Sanand plant faces a 4-month delay and is expected to be operational by November 2025. The company plans to bring over 50% of the plant's capacity online from December, signaling a phased approach to expansion.

Management has reaffirmed its growth guidance of over 20% for the full year and projects a 20% CAGR for the next 3-5 years, demonstrating confidence in the company's long-term prospects.

Market Presence and Demand Drivers

KEI Industries boasts a strong distribution network with 2,100 active dealers. The company continues to experience robust demand across various sectors, including energy, infrastructure, and data centers, positioning it well for sustained growth in these key markets.

In conclusion, KEI Industries' Q2 performance reflects its strong market position, operational efficiency, and strategic focus on high-growth segments. The company's ability to capitalize on domestic and export opportunities, coupled with its expansion plans, suggests a positive outlook for the coming quarters.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+0.56%	+1.19%	+4.89%	+15.34%	-5.32%	+872.94%

KEI Industries , a leading player in the wire and cable industry, has reported a strong performance for the second quarter of fiscal year 2026, with significant growth across key financial metrics.

Financial Highlights

KEI Industries achieved net sales of ₹2,726.00 crores in Q2 FY26, marking a 19.38% year-on-year growth. The company's Wire and Cable segment, which forms the core of its business, grew by an impressive 22% compared to the same quarter last year.

The company's profitability saw substantial improvement:

Metric	Q2 FY26	Q2 FY25	YoY Growth
EBITDA	₹311.63 crores	₹237.52 crores	31.20%
EBITDA Margin	11.43%	10.40%	103 bps
Profit After Tax	₹203.00 crores	₹154.80 crores	31.47%
PAT Margin	7.40%	6.78%	62 bps

Segment-wise Performance

Export Sales: Reached an all-time high of ₹472.00 crores, representing a remarkable 96% growth year-on-year.
Extra High-Voltage Cable: Sales grew by 76% to ₹128.00 crores.
B2C Sales: Through the dealer network, sales reached ₹1,475.00 crores, growing by approximately 17%.

Order Book and Future Outlook

As of September 30, 2025, KEI Industries maintains a robust order book of ₹3,824.00 crores, indicating strong demand for its products. The company has reaffirmed its growth guidance of over 20% for the full year, up from the earlier 17-18% target.

Capacity Expansion

The management expects the first phase of the Sanand plant to become operational by November 2025, with 50% capacity coming online from December. This expansion is expected to significantly boost the company's production capabilities and support its growth trajectory.

B2C Network Strength

KEI Industries continues to strengthen its retail presence, operating through 2,100 active dealers. The B2C sales through the dealer network contributed 54% of total sales at ₹1,475.00 crores, underscoring the importance of this channel for the company.

Management Commentary

Anil Gupta, Chairman and Managing Director of KEI Industries, commented on the results, stating, "We are witnessing very strong growth in our Exports, and the Domestic market is equally strong. The growth is driven by the energy sector, especially solar and wind projects, transmission and distribution, data centers, and construction activity, which includes commercial and residential real estate and infrastructure projects."

Conclusion

KEI Industries' Q2 FY26 results demonstrate the company's ability to capitalize on the growing demand in both domestic and international markets. With its planned capacity expansion and strong order book, the company appears well-positioned to maintain its growth momentum in the coming quarters.

Investors and market watchers will likely keep a close eye on the progress of the Sanand plant and the company's ability to maintain its margins amidst its rapid growth trajectory.