KEI Industries has reaffirmed its revenue growth guidance for FY26, maintaining the target range of 18-20%. This confirmation comes as the company continues to pursue its ambitious margin expansion strategy, targeting 100 basis points annual margin improvement over the next three years.

Revenue Growth Guidance Maintained

The company's decision to maintain its FY26 revenue growth guidance demonstrates confidence in its market positioning and operational capabilities. The 18-20% growth target reflects KEI Industries' optimistic outlook for the cables sector and its ability to capitalize on market opportunities.

Dual Growth Strategy

KEI Industries is pursuing a comprehensive growth strategy that combines robust revenue expansion with systematic margin improvement. The company's commitment to achieving 100 basis points annual margin improvement over three years, alongside the maintained revenue guidance, indicates a balanced approach to sustainable business development.

Strategic Outlook

The reaffirmation of growth targets suggests management's confidence in the company's operational efficiency and market demand dynamics. This dual focus on revenue growth and margin expansion positions KEI Industries to strengthen its competitive advantage in the cables industry while delivering enhanced value to stakeholders through improved financial performance.

Morgan Stanley has reaffirmed its positive stance on KEI Industries , maintaining an 'Overweight' rating with a price target of ₹4,793.00. This recommendation indicates the global investment bank's confidence in the cable manufacturer's business fundamentals and market positioning.

Analyst Rating Details

The following table summarizes Morgan Stanley's current recommendation:

Investment Implications

An 'Overweight' rating typically suggests that the analyst expects the stock to outperform relative to other securities in their coverage universe. This positive assessment reflects Morgan Stanley's view on KEI Industries' prospects in the cables sector.

The price target of ₹4,793.00 represents the analyst's assessment of the stock's fair value based on their evaluation of the company's financial metrics, market position, and growth potential. Investors often use such analyst recommendations as one factor in their investment decision-making process, alongside their own research and risk assessment.