KEI Industries Share Price Declines Over 8%; Reports Q2 FY27 Results

Written by: Team Angel OneUpdated on: 22 Oct 2026, 4:45 pm IST

KEI Industries reported a 38.52% rise in Q2 FY27 revenue to ₹3,777 crore, with net profit increasing to ₹262 crore year-on-year.

KEI Industries reported revenue from operations of ₹3,777 crore for Q2 FY27, compared with ₹2,727 crore in Q2 FY26. Net profit increased to ₹262 crore from ₹204 crore over the same period. The company announced it on October 21,2026.

Revenue was 18.56% higher than the ₹3,185 crore reported in the previous quarter. EBITDA rose to ₹401 crore from ₹312 crore a year earlier.

However, the EBITDA margin fell to 10.62% from 11.43%. The net profit margin also declined, from 7.46% to 6.95%.

Domestic and Export Sales

Wires and cables generated ₹3,639 crore in Q2 FY27, accounting for 96.35% of total revenue. Domestic sales in the segment rose 45.76% year-on-year to ₹3,184 crore, while exports increased 7.27% to ₹455 crore.

Sales of extra-high voltage (EHV) cables stood at ₹217 crore, up 26.20% from ₹172 crore in the year-ago quarter. Sales through dealers and distributors grew 50.46% and accounted for 58.79% of total sales, against 54.12% in Q2 FY26.

The company had 2,146 active dealers as of 30 September 2026.

Other Business Segments

Sales of stainless steel wires increased 15.96% year-on-year to ₹61 crore during the quarter. Revenue from engineering, procurement and construction (EPC) projects, excluding cables, fell 3.78% to ₹46 crore.

KEI Industries reported a pending order book of approximately ₹5,185 crore. EPC exports stood at ₹8 crore during the quarter, while stainless steel wire exports amounted to ₹30 crore.

H1 FY27 Results

For the first half of FY27, revenue increased 30.94% to ₹6,962 crore from ₹5,317 crore. EBITDA rose 34.01% to ₹816 crore, while net profit increased 34.40% to ₹536 crore.

The EBITDA margin improved to 11.73% from 11.46%, and the net profit margin rose to 7.71% from 7.51%.

As of October 22, 2026, 10:59 am, KEI Industries share price was trading at ₹3,872.40, an 8.46% decrease from the previous closing price.

Conclusion

KEI Industries recorded higher revenue and net profit in Q2 FY27 compared with the previous year. Domestic wires and cables sales accounted for most of its revenue, while first-half results showed growth in both sales and profit.

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Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Published on: Oct 22, 2026, 11:15 AM IST

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