KEI Industries reports strong financial performance for Q3 FY2026. Revenue increased by 19.51% YoY, with EBITDA margin improving to 11.98%. PAT margin also saw growth, reaching 7.95%. The company continues to focus on domestic growth while expanding its export footprint. Total active working dealers numbered 2114 as of December 31, 2025.
Financial Performance Q3 FY26
KEI Industries announced a robust performance for the third quarter of fiscal year 2026:
- Revenue: Increased to ₹2954 Crore.
- EBITDA: Reached ₹354 Crore with a margin of 11.98%.
- PAT: Achieved ₹235 Crore with a margin of 7.95%.
The company demonstrated strong growth compared to the previous year, driven by both volume and value increases.
Financial Performance 9M FY26
The cumulative performance for the first nine months of FY26 also showed significant growth:
- Revenue: Increased to ₹8271 Crore.
- EBITDA: Reached ₹963 Crore with a margin of 11.64%.
- PAT: Achieved ₹634 Crore with a margin of 7.67%.
Cable and Wires – Institutional
The institutional segment witnessed notable activity:
- Domestic Institutional Cable and Wire sale stood at ₹592 Crore in Q3 FY26.
- Total Institutional Cable and Wire Sale including export contributed 41.28% in Q3 FY26.
- Total Institutional Cable and Wire sale including export increased by approximately 25.75% in 9M FY26.
Cable and Wires – Dealer/Distribution
The dealer/distribution network also experienced growth:
- Sales through the Dealer/Distribution market increased by 29.20% YoY in Q3 FY26.
- Sales through Dealer/ Distribution contributed 54.53% of overall sale in Q3 FY26.
EPC Projects and SS Wire
The EPC and SS Wire segments contributed as follows:
- EPC Sale (apart from Cable) increased by 33.05% YoY in Q3 FY26.
Product Revenue Breakdown
The revenue breakdown by product category in Q3 FY26:
- LT: ₹1217 Crore
- HW/WW: ₹1043 Crore
- HT: ₹418 Crore
Revenue breakdown by product category for 9M FY26:
- LT: ₹3441 Crore
- HW/WW: ₹2812 Crore
- HT: ₹1221 Crore
Shareholding Pattern
As of December 31, 2025, the shareholding pattern is as follows:
- Promoters: 35.00%
- FII: 25.48%
- DII: 27.27%
- Public & Others: 12.25%
Source: BSE
