KEI Industries Limited has reported a strong financial performance for FY 2026, with revenue growing by 20.66% YoY to reach ₹11,748 crore. The company saw significant improvements in margins, with EBITDA margin climbing to 11.81% and PAT margin rising to 7.82%. These results highlight the company’s consistent growth trajectory across its institutional, dealer, and distribution segments, supported by a healthy pending order book of approximately ₹3,585 crore.
Financial Performance Overview
For the fourth quarter of FY 2026, KEI Industries recorded a revenue of ₹3,477 crore, reflecting a year-on-year growth of 19.27%. The quarterly EBITDA stood at ₹424 crore, with a margin of 12.21%, while PAT reached ₹284 crore, marking an 8.18% margin. On a full-year basis, the company achieved a robust PAT of ₹918 crore, representing a 31.88% YoY increase compared to FY 2025.
Segment-Wise Growth Analysis
The Dealer/Distribution segment emerged as a key growth driver, with sales increasing by 29.28% YoY in Q4. This segment now contributes 55.70% to the overall sales. As of March 31, 2026, the company operates with a network of 2,125 active dealers. Meanwhile, the Institutional segment reported total sales, including exports, of ₹1,404 crore for the fourth quarter, maintaining a steady contribution to the company’s top line.
Projects and Future Outlook
The company continues to diversify its portfolio, with EPC sales (excluding cables) witnessing a notable 71.94% YoY growth in Q4. Additionally, the SS Wire segment showed resilience with a 21.19% YoY growth in the final quarter. With a strong pending order pipeline valued at ₹3,585 crore and a focus on expanding its market reach, KEI Industries remains well-positioned for sustained operational and financial excellence in the upcoming fiscal year.
Source: BSE
