KEI Industries Limited has released the transcript of its Q2 FY27 earnings conference call held on October 22, 2026. The call detailed a substantial 38.52% year-on-year revenue growth to INR 3,776 crores for the quarter. Management discussed operational margins, EBITDA growth, PAT figures, and provided insights into domestic and export sales, order book status, and future growth strategies.
KEI Industries Reports Strong Q2 FY27 Performance
KEI Industries Limited held an earnings conference call on October 22, 2026, to discuss its Un-audited Financial Results for the quarter ended September 30, 2026. The company announced a significant increase in net sales, reaching INR 3,776 crores, marking a growth of 38.52% year-on-year. Total wire and cable sales also saw robust growth of 39.5%.
Financial Highlights and Margins
The operating margin for the quarter stood at 9.97%, comparable to the previous year’s 9.88%. EBITDA grew by 28.69% to INR 401 crores, with an EBITDA margin of 10.62% over net sales. Profit After Tax (PAT) increased by 28.96% to INR 262.45 crores. Domestic wire and cable sales grew by 46% to INR 3,184 crores, while export sales were INR 493 crores. Total EHV sales were INR 217 crores, and stainless steel wire sales reached INR 61 crores.
Future Outlook and Growth Strategy
For the first half of FY27, net sales amounted to INR 6,961 crores, a growth of nearly 31%. The company anticipates growing by more than 25% in the current year and a 20% CAGR over the next 3-4 years, driven by strong demand in domestic and overseas markets, particularly in data centers, power, T&D, and renewable energy sectors. KEI Industries also highlighted a strong order book position, with pending orders in the Wire and Cable segment at INR 4,927 crores and INR 991 crores in export orders. The company plans to continue investing in capacity expansion, with an estimated annual capex of INR 600 crores for the next 3-4 years.
Market Position and Guidance
Management reiterated its guidance for a 25%-plus growth rate and an EBITDA margin close to 11%. The company expects its Sanand plant to contribute significantly to future growth, with Phase 2 of EHV and HT cable production expected to commence by March 2027. Discussions also touched upon the dynamics of copper prices, market demand, and the company’s strategy to manage its channel mix and inventory levels. KEI Industries confirmed its position as the second-largest company in the country by value in its segment.
Source: BSE
