KEI Industries Ltd's Q1FY26 Quarterly Results

Result Summary

• KEI Industries Ltd reported a 12.7% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Jun (Q1FY26). On a year-on-year (YoY) basis, it witnessed a growth of 26.5%.
• Its expenses for the quarter were up by 12.3% QoQ and 26.2% YoY.
• The net profit increased 16.2% QoQ and increased 30.3% YoY.
• The earnings per share (EPS) of KEI Industries Ltd stood at 20.5 during Q1FY26.

Financial Statments for Q1FY26

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

KEI Industries Ltd is a prominent player in the electrical industry, primarily engaged in manufacturing and marketing a comprehensive range of cables and wires. The company operates in various segments, including power cables, control cables, instrumentation cables, and specialty cables, serving diverse industries such as power, infrastructure, real estate, and oil and gas. KEI Industries has established a robust presence both in the domestic market and internationally, leveraging its extensive distribution network and manufacturing capabilities. While specific recent developments are not detailed here, the company is generally known for its focus on expanding its product portfolio and enhancing its operational efficiency.

Revenue

For the first quarter of the fiscal year 2026 (Q1FY26), KEI Industries Ltd reported a total income of ₹2629.93 crores. This represents an increase of 12.7% from the previous quarter (Q4FY25), where the total income was ₹2334.43 crores. Compared to the same quarter last year (Q1FY25), where the total income was ₹2078.34 crores, there is a 26.5% year-over-year growth. This upward trend in revenue indicates a substantial increase in business activity over the past year. The growth in total income can be attributed to several factors, including an increase in sales volumes, potential price adjustments, or expansion into new markets or customer segments.

Profitability

In Q1FY26, KEI Industries Ltd achieved a profit before tax of ₹263.23 crores, marking a 15.8% increase from ₹227.24 crores in Q4FY25. Year-over-year, the profit before tax grew by 29.8% from ₹202.74 crores in Q1FY25. After accounting for taxes, the profit after tax stood at ₹195.75 crores, up 16.2% from the previous quarter's ₹168.47 crores and 30.3% higher than the ₹150.25 crores reported in the same quarter of the previous year. These figures highlight a strong improvement in profitability, supported by higher revenue and efficient cost management. The earnings per share also increased by 10.2% quarter-over-quarter and 23.5% year-over-year, reaching ₹20.50 in Q1FY26.

Operating Metrics

The total expenses for Q1FY26 amounted to ₹2366.69 crores, reflecting a 12.3% increase from Q4FY25, where expenses were ₹2106.99 crores. Compared to Q1FY25, which recorded total expenses of ₹1875.60 crores, there is a 26.2% year-over-year rise. The tax incurred in Q1FY26 was ₹67.48 crores, showing a 15.1% increase from the previous quarter and a 28.5% rise from the same quarter last year. These figures suggest a proportional rise in operating and other expenses in line with revenue growth. The operating metrics indicate that while expenses have increased, the company has managed to maintain its profitability margins effectively, as reflected in the consistent growth in profit before tax and other profitability metrics.