More about KEI Industries Limited
Fundamentals for KEI Industries Limited
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Fundamentals for KEI Industries Limited
Business Operations:
Sector: IndustrialsIndustry: Electrical Equipment & Parts
KEI Industries Limited manufactures, sells, and markets wires and cables in India and internationally. It operates in three segments: Cable & Wires; Engineering, Procurement and Construction; and Stainless Steel Wire. The company offers extra-high voltage, high tension, and low-tension power cables; control and instrumentation cables; specialty, single-core, and multi-core flexible cables; elastomeric/rubber and solar cables; fire survival/resistant cables; flat, EV charging, ESP, and medium voltage covered conductor cables; conflame green + wires; communication and thermocouple cables; and submersible marine and offshore cables, as well as stainless steel, winding, and house wires. It also provides engineering, procurement, and construction solutions in the areas of gas-insulated and air-insulated substations; overhead and underground power transmission and distribution systems; and railway electrification/ substation on a turnkey basis, as well as project management services. The company exports its products to approximately 60 countries. It serves the power, refinery, railway, automobile, cement, steel, fertilizer, textile, real estate, infrastructure, oil and gas, defense, chemical, metal, IT, pharma, manufacturing, renewables, non-metal, data center, consumer durable, government, public, private, and other sectors through dealers and distributors. KEI Industries Limited was founded in 1968 and is headquartered in New Delhi, India.
Revenue projections:
With KEI Industries Limited's revenues forecasted to be lower than last year's, investors are expected to be cautious. A decline in revenue typically harms the company's bottom line, reducing profitability and making investors less confident about the company's ability to sustain its financial health.
Financial Ratios:
| currentRatio | 2.963000 |
|---|---|
| forwardPE | 38.303726 |
| debtToEquity | 3.796000 |
| earningsGrowth | 0.255000 |
| revenueGrowth | 0.187000 |
| grossMargins | 0.234790 |
| operatingMargins | 0.101580 |
| trailingEps | 96.120000 |
| forwardEps | 138.511320 |
KEI's current ratio being 2.963 suggests the company will have no issues paying off its short-term debt. With sufficient cash reserves and current assets, KEI can easily cover its immediate liabilities, reflecting solid financial health.
With earnings and revenue growth in positive territory, KEI is projected to expand its business. This strong financial performance suggests the company will continue to grow, as increased profitability and sales drive future success.
KEI's forward EPS exceeds its trailing EPS, indicating that the company is projected to be more profitable in the current financial year compared to the previous one. This suggests positive growth and improved earnings, signaling an optimistic outlook for KEI's financial performance.
Price projections:
Price projections for KEI have consistently been revised upward, indicating positive sentiment toward the company. This gradual adjustment reflects growing confidence in KEI's future potential and financial outlook among analysts.
Insider Transactions:
13 KEI sales were executed, with market price at 4282.2922926682695.No sell transactions occurred during the period under consideration.Investors are purchasing KEI more frequently than selling it near the current price levels, which might point to a bullish sentiment. This pattern could be interpreted as a favorable outlook for the stock's future.
Recommendation changes over time:
Analysts are favoring KEI with a buy bias, highlighting the stock's potential as a solid investment. This recommendation might drive more investors to consider KEI as a secure and profitable option for their money, contributing to a broader positive sentiment in the market.
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