KEI NSE filing

KEI Industries Q2 FY27 Revenue Jumps 38.5% YoY to ₹4,010 Crore

The RealCase readHigh impact Positive

KEI Industries reported a 38.52% YoY revenue growth to ₹4,010 Crore in Q2 FY27, with EBITDA up 28.69% to ₹262 Crore and PAT up 28.96% to ₹262 Crore. H1 FY27 revenue grew 30.94% YoY to ₹6,962 Crore. Wires & Cables segment sales increased significantly, driven by domestic demand.

Why it matters

The substantial year-on-year growth in key financial metrics like revenue and profit, coupled with strong performance in its primary business segment, indicates a significant positive impact on the company's financial health and market position.

The market read

The company has reported significant year-on-year growth in revenue, EBITDA, and PAT for both the quarter and half-year periods, driven by strong performance in its core Wires & Cables segment.

KEI Industries Limited announced its financial results for the second quarter (Q2) and the first half (H1) of fiscal year 2027, presenting an investor earnings presentation on October 21, 2026.

In Q2 FY27, the company reported a significant revenue growth of 38.52% year-on-year (YoY), reaching ₹4,010 Crore. This growth was primarily driven by strong demand in the Wires & Cables segment. EBITDA saw a growth of 28.69% YoY to ₹262 Crore, attributed to improved operating efficiency and a better product mix. Profit After Tax (PAT) increased by 28.96% YoY to ₹262 Crore.

For the first half of FY27 (H1 FY27), revenue improved by 30.94% YoY to ₹6,962 Crore. The EBITDA margin in H1 FY27 improved to 11.73% from 11.46% in the previous year, and the PAT margin improved to 7.71% from 7.51% YoY.

The Wires & Cables segment demonstrated robust performance. The domestic Wires & Cables segment posted a healthy 45.76% YoY growth in Q2 FY27. Export Wires & Cables sales increased by 7.27% YoY, with expectations of substantial future growth. EHV cable sales increased by 26.20% YoY to ₹217 Crore in Q2 FY27. Total Wires & Cables sales, including exports, contributed 96.35% to the total revenue in Q2 FY27. Sales through dealers and distributors grew by 50.46% and constituted 58.79% of the overall sale in Q2 FY27.

In H1 FY27, the domestic Wires & Cables segment grew by 37.59% YoY. EHV cable sales increased by 35.34% YoY to ₹403 Crore in H1 FY27. Total Wires & Cables sales, including exports, contributed 96.69% to the total revenue in H1 FY27. Sales through dealers and distributors grew by 46.44% in H1 FY27.

EPC (Other than cable) sales decreased by 3.78% YoY in Q2 FY27. SS Wire sales increased by 15.96% YoY in Q2 FY27. Pending orders were approximately ₹5,185 Crore.

On a standalone basis, financial charges in Q2 FY27 were ₹17 Crore, a reduction from ₹14.16 Crore in the previous year, decreasing to 0.46% from 0.52% of Net sales. For H1 FY27, financial charges were ₹34.92 Crore, compared to ₹28.66 Crore in the previous year, representing a decrease in percentage terms to 0.50% from 0.54% of Net sales.

The company's net debt position as of September 30, 2026, was ₹(413) Crore, with Cash & Bank Balances at ₹698 Crore (including unutilized QIP Proceeds of ₹168.91 Crore).

Filing to action

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KEI Industries Limited filed this with the NSE as a statutory disclosure, categorised under quarterly results. It is a primary document, not a recommendation, and the desk marks it high impact, which is the band that most often changes something.

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Primary source

A plain-language summary of a public exchange filing by KEI Industries Limited. Read the original for the full detail.

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