Electrical Cable Manufacturer Recovers Over 5% From Day’s Low After Q4 Results; PAT Rises 26% YoY, Dividend Declared

Indian equity markets traded lower on Tuesday, with the benchmark Nifty 50 index declining by 0.78 per cent to 23,932.35 during the session. Despite weakness in frontline indices, stock-specific attention remained visible in select electrical equipment and cable counters after quarterly earnings announcements. In this segment, KEI Industries remained in focus after the company reported its Q4FY26 and FY26 consolidated financial results along with Dividend announcement. The stock witnessed sharp Intraday recovery from its day’s low of Rs 4,728 and jumped nearly 5.1 per cent from the low to trade at Rs 4,969.30, though it was still down 1.76 per cent on Tuesday.

KEI Industries Q4FY26 Results

KEI Industries reported consolidated revenue from operations of Rs 3,476.40 crore in Q4FY26 as against Rs 2,914.79 crore in Q4FY25, registering a growth of 19.3 per cent YoY. On a sequential basis, revenue rose from Rs 2,954.70 crore reported in Q3FY26, reflecting a growth of 17.7 per cent QoQ.

Total income stood at Rs 3,519.25 crore in Q4FY26 compared to Rs 2,951.89 crore in the corresponding quarter last year, marking a growth of 19.2 per cent YoY. Profit before Tax came in at Rs 377.15 crore as against Rs 305.16 crore reported in Q4FY25, registering a growth of 23.6 per cent YoY and up 19.9 per cent QoQ from Rs 314.67 crore. Profit after tax for the quarter stood at Rs 284.31 crore compared to Rs 226.55 crore in the year-ago quarter, reflecting a growth of 25.5 per cent YoY and 21.1 per cent QoQ from Rs 234.86 crore. Earnings per share for the quarter stood at Rs 29.74 as against Rs 23.71 in Q4FY25.

KEI Industries FY26 Annual Performance

For the financial year ended March 31, 2026, KEI Industries reported consolidated revenue from operations of Rs 11,747.77 crore as against Rs 9,735.88 crore in FY25, registering a growth of 20.7 per cent YoY. Total income for FY26 stood at Rs 11,906.32 crore compared to Rs 9,807.67 crore in the previous financial year, reflecting a growth of 21.4 per cent YoY.

Profit before tax stood at Rs 1,232.33 crore in FY26 compared to Rs 936.97 crore in FY25, marking a growth of 31.5 per cent YoY. Profit after tax came in at Rs 918.43 crore as against Rs 696.41 crore in FY25, registering a growth of 31.9 per cent YoY. Annual earnings per share stood at Rs 96.09 compared to Rs 75.65 in the previous financial year.

Dividend and Other Corporate Developments

The company declared and paid an interim dividend of Rs 4.50 per equity share of face value Rs 2 during FY26, and the Board has proposed to treat the same as the final dividend for the financial year ended March 31, 2026.

Alongside the results, the Board also approved the re-appointment of M/s Jagdish Chand & Co. as Internal Auditors and M/s S. Chander & Associates as Cost Auditors for FY27. During the year, the company also continued deployment of proceeds from its earlier Rs 2,000 crore Qualified Institutional Placement, out of which Rs 464.51 crore remained unutilised and parked in Bank deposits/QIP monitoring account as on March 31, 2026.

Segment and Balance Sheet Update

The Cables & Wires business continued to remain the key revenue contributor with segment revenue of Rs 3,297.03 crore in Q4FY26, while EPC Projects contributed Rs 223.27 crore and Stainless Steel Wire segment contributed Rs 56.06 crore during the quarter.

On the balance sheet front, consolidated total assets increased to Rs 8,955.98 crore as on March 31, 2026 from Rs 7,234.60 crore a year ago, while total equity rose to Rs 6,664.95 crore, reflecting continued scale-up in operations and capacity-led business expansion.

About KEI Industries

KEI Industries Ltd is one of India’s leading manufacturers of wires, cables and stainless steel wires with a strong presence across retail, institutional and EPC segments. The company manufactures low tension, high tension and extra high voltage cables, house wires, flexible cables, instrumentation cables, Solar cables and specialty products used across power, infrastructure, Construction and industrial applications.

Apart from domestic manufacturing operations, KEI Industries Ltd has built an extensive dealer-distributor network across India and also exports products to multiple international markets. The company also undertakes engineering, procurement and construction projects for power distribution and transmission, making it an integrated player in the electrical solutions segment.

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Disclaimer: This article is for informational purposes only and not investment advice.