Net up 30% largely on higher sales and higher OI
Consolidated net sales (including other operating income) of KEI Industries for the quarter ended Jun 2025 has increased 25.44% to Rs 2590.32 crore. Operating profit margin has declined from 10.61% to 9.96%, leading to 17.77% rise in operating profit to Rs 258.01 crore. Raw material cost as a % of total sales (net of stock adjustments) increased from 76.48% to 77.06%. Employee cost increased from 3.14% to 3.17%. Other expenses fell from 10.93% to 10.19%. Expenses from contract fell from 1.66% to 0.63%. Other income rose 197.15% to Rs 39.61 crore. PBIDT rose 28.06% to Rs 297.62 crore. Provision for interest rose 2.40% to Rs 14.5 crore. PBDT rose 29.72% to Rs 283.12 crore. Provision for depreciation rose 28.32% to Rs 19.89 crore. Profit before tax grew 29.83% to Rs 263.23 crore. Share of profit/loss were nil in both the periods. Provision for tax was expense of Rs 67.48 crore, compared to Rs 52.5 crore. Effective tax rate was 25.64% compared to 25.89%. Minority interest was nil in both the periods. Net profit attributable to owners of the company increased 30.28% to Rs 195.75 crore.
- Sales of Segment-Cables segment has gone up 32.07% to Rs 2,477.12 crore (accounting for 94.24% of total sales). Sales of Segment-Stainees Steel Wire segment has gone down 3.04% to Rs 52.13 crore (accounting for 1.98% of total sales). Sales of Segment-EPC project segment has gone down 56.03% to Rs 99.41 crore (accounting for 3.78% of total sales). Inter-segment sales came down from Rs 95.00 crore to Rs 38.34 crore.
- Profit before interest, tax and other unallocable items (PBIT) has jumped 17.31% to Rs 278.67 crore. PBIT of Segment-Cables segment rose 28.92% to Rs 266.53 crore (accounting for 95.65% of total PBIT). PBIT of Segment-Stainees Steel Wire segment rose 312.01% to Rs 4.22 crore (accounting for 1.51% of total PBIT). PBIT of Segment-EPC project segment fell 73.43% to Rs 7.91 crore (accounting for 2.84% of total PBIT).
- PBIT margin of Segment-Cables segment fell from 11.02% to 10.76%. PBIT margin of Segment-Stainees Steel Wire segment rose from 1.90% to 8.09%. PBIT margin of Segment-EPC project segment fell from 13.18% to 7.96%. Overall PBIT margin fell from 11.02% to 10.60%.
Promoters? stake was 35.02% as of 30 June 2025 ,compared to 37.08% as of 30 June 2024 .
KEI Industries : Consolidated Results |
| Quarter ended | Year ended |
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Particulars | 202506 | 202406 | Var.(%) | 202503 | 202403 | Var.(%) |
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Net Sales (including other operating income) | 2,590.32 | 2,065.02 | 25.44 | 9,735.88 | 8,120.73 | 19.89 | OPM (%) | 9.96 | 10.61 | -65 bps | 10.18 | 10.52 | -34 bps | OP | 258.01 | 219.08 | 17.77 | 990.96 | 854.20 | 16.01 | Other Inc. | 39.61 | 13.33 | 197.15 | 71.80 | 32.37 | 121.81 | PBIDT | 297.62 | 232.41 | 28.06 | 1,062.76 | 886.57 | 19.87 | Interest | 14.50 | 14.16 | 2.40 | 55.65 | 43.91 | 26.74 | PBDT | 283.12 | 218.25 | 29.72 | 1,007.11 | 842.66 | 19.52 | Depreciation | 19.89 | 15.5 | 28.32 | 70.14 | 61.36 | 14.31 | PBT | 263.23 | 202.75 | 29.83 | 936.97 | 781.3 | 19.92 | Share of Profit/(Loss) from Associates | 0 | 0 | - | 0 | 0 | - | PBT before EO | 263.23 | 202.75 | 29.83 | 936.97 | 781.3 | 19.92 | EO Income | 0 | 0 | - | 0 | -0.21 | - | PBT after EO | 263.23 | 202.75 | 29.83 | 936.97 | 781.09 | 19.96 | Taxation | 67.48 | 52.5 | 28.53 | 240.56 | 200.24 | 20.14 | PAT | 195.75 | 150.25 | 30.28 | 696.41 | 580.85 | 19.89 | Minority Interest (MI) | 0 | 0 | - | 0 | -0.01 | - | Net profit | 195.75 | 150.25 | 30.28 | 696.41 | 580.86 | 19.89 | P/(L) from discontinued operations net of tax | 0 | 0 | - | 0 | -0.12 | - | Net profit after discontinued operations | 195.75 | 150.25 | 30.28 | 696.41 | 580.74 | 19.92 | EPS (Rs)* | 20.49 | 15.72 | 30.28 | 72.88 | 60.81 | 19.86 | | * EPS is on current equity of Rs 19.11 crore, Face value of Rs 2, Excluding extraordinary items. | # EPS is not annualised | bps : Basis points | EO : Extraordinary items | Figures in Rs crore | Source: Capitaline Corporate Database |
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KEI Industries : Consolidated Segment Results |
| Quarter ended | Year ended |
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| % of (Total) | 202506 | 202406 | Var.(%) | % of (Total) | 202503 | 202403 | Var.(%) |
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Sales | Segment-Cables | 94.24 | 2,477.12 | 1,875.66 | 32.07 | 91.32 | 9,176.96 | 7,320.70 | 25.36 | Segment-Stainees Steel Wire | 1.98 | 52.13 | 53.76 | -3.04 | 2.15 | 215.93 | 220.64 | -2.13 | Segment - turnkey projects | 0.00 | 0.00 | 0.00 | - | Segment-EPC project | 3.78 | 99.41 | 226.08 | -56.03 | 6.53 | 656.24 | 1,215.11 | -45.99 | Total Reported Sales | 100.00 | 2,628.65 | 2,155.50 | 21.95 | 100.00 | 10,049.13 | 8,756.44 | 14.76 | Less: Inter segment revenues | | 38.34 | 95.00 | -59.65 | | 313.26 | 652.36 | -51.98 | Net Sales | 100.00 | 2,590.32 | 2,060.50 | 25.71 | 100.00 | 9,735.88 | 8,104.08 | 20.14 | PBIT | Segment-Cables | 95.65 | 266.53 | 206.74 | 28.92 | 93.28 | 974.87 | 757.01 | 28.78 | Segment-Stainees Steel Wire | 1.51 | 4.22 | 1.02 | 312.01 | 0.90 | 9.44 | 11.65 | -18.98 | Segment - turnkey projects | 0.00 | 0.00 | 0.00 | - | Segment-EPC project | 2.84 | 7.91 | 29.79 | -73.43 | 5.82 | 60.77 | 143.09 | -57.53 | Total PBIT | 100.00 | 278.67 | 237.56 | 17.31 | 100.00 | 1,045.09 | 911.76 | 14.62 | Less : Interest | | 14.50 | 14.16 | 2.44 | | 55.65 | 43.91 | 26.73 | Add: Other un-allcoable | | -0.93 | -20.65 | 95.48 | | -52.47 | -86.56 | 39.38 | PBIT Margin(%) | Segment-Cables | | 10.76 | 11.02 | -26.26 | | 10.62 | 10.34 | 28.24 | Segment-Stainees Steel Wire | | 8.09 | 1.90 | 618.92 | | 4.37 | 5.28 | -90.93 | Segment - turnkey projects | | 0.00 | 0.00 | 0.00 | Segment-EPC project | | 7.96 | 13.18 | -521.47 | | 9.26 | 11.78 | -251.54 | PBT | 100.00 | 263.23 | 202.75 | 29.83 | 100.00 | 936.97 | 781.29 | 19.93 |
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