KEI Industries Ltd
Incorporated in 1968, KEI Industries Ltd manufactures wires and cables (W&C) like EHV cables, HT cables, LT cables, and sells them in India and overseas[1]
- Market Cap ₹ 38,693 Cr.
- Current Price ₹ 4,285
- High / Low ₹ 5,040 / 2,317
- Stock P/E 63.4
- Book Value ₹ 349
- Dividend Yield 0.08 %
- ROCE 27.2 %
- ROE 20.2 %
- Face Value ₹ 2.00
Pros
- Company is almost debt free.
- Company has delivered good profit growth of 26.1% CAGR over last 5 years
Cons
- Stock is trading at 12.3 times its book value
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Cables Industry: Cables - Power
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
1,658 | 1,619 | 2,031 | 2,326 | 2,628 | 3,459 | 4,227 | 4,884 | 4,181 | 5,727 | 6,908 | 8,104 | 8,386 | |
1,488 | 1,466 | 1,838 | 2,083 | 2,359 | 3,120 | 3,785 | 4,388 | 3,726 | 5,138 | 6,206 | 7,267 | 7,508 | |
Operating Profit | 171 | 153 | 193 | 242 | 269 | 339 | 442 | 496 | 456 | 589 | 702 | 838 | 878 |
OPM % | 10% | 9% | 10% | 10% | 10% | 10% | 10% | 10% | 11% | 10% | 10% | 10% | 10% |
2 | 1 | 5 | 5 | 10 | 9 | 7 | 16 | 20 | 15 | 32 | 49 | 55 | |
Interest | 109 | 112 | 120 | 127 | 124 | 111 | 136 | 129 | 57 | 40 | 35 | 44 | 49 |
Depreciation | 20 | 21 | 25 | 25 | 28 | 32 | 34 | 57 | 58 | 55 | 57 | 61 | 62 |
Profit before tax | 43 | 22 | 53 | 95 | 126 | 204 | 279 | 327 | 360 | 508 | 642 | 781 | 821 |
Tax % | 39% | 47% | 35% | 35% | 26% | 29% | 35% | 22% | 25% | 26% | 26% | 26% | |
26 | 12 | 34 | 62 | 94 | 145 | 182 | 255 | 270 | 376 | 477 | 581 | 610 | |
EPS in Rs | 3.75 | 1.57 | 4.43 | 8.05 | 12.06 | 18.45 | 23.04 | 28.50 | 29.92 | 41.75 | 52.93 | 64.39 | 67.59 |
Dividend Payout % | 5% | 13% | 9% | 6% | 5% | 5% | 5% | 5% | 7% | 6% | 6% | 5% |
Compounded Sales Growth | |
---|---|
10 Years: | 17% |
5 Years: | 14% |
3 Years: | 25% |
TTM: | 18% |
Compounded Profit Growth | |
---|---|
10 Years: | 48% |
5 Years: | 26% |
3 Years: | 29% |
TTM: | 23% |
Stock Price CAGR | |
---|---|
10 Years: | 63% |
5 Years: | 52% |
3 Years: | 62% |
1 Year: | 57% |
Return on Equity | |
---|---|
10 Years: | 20% |
5 Years: | 20% |
3 Years: | 20% |
Last Year: | 20% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 14 | 15 | 15 | 15 | 16 | 16 | 16 | 18 | 18 | 18 | 18 | 18 |
Reserves | 242 | 254 | 288 | 351 | 445 | 589 | 763 | 1,489 | 1,756 | 2,117 | 2,571 | 3,130 |
474 | 511 | 452 | 498 | 813 | 842 | 599 | 367 | 333 | 355 | 162 | 166 | |
448 | 464 | 585 | 598 | 622 | 770 | 1,387 | 1,395 | 902 | 1,036 | 1,019 | 1,342 | |
Total Liabilities | 1,177 | 1,244 | 1,342 | 1,463 | 1,896 | 2,217 | 2,765 | 3,269 | 3,008 | 3,527 | 3,770 | 4,656 |
309 | 314 | 298 | 328 | 405 | 407 | 489 | 554 | 537 | 531 | 567 | 770 | |
CWIP | 3 | 0 | 4 | 29 | 3 | 23 | 32 | 11 | 7 | 17 | 15 | 121 |
Investments | 3 | 3 | 3 | 3 | 3 | 3 | 2 | 1 | 1 | 2 | 1 | 2 |
863 | 926 | 1,036 | 1,103 | 1,485 | 1,784 | 2,243 | 2,703 | 2,463 | 2,978 | 3,187 | 3,764 | |
Total Assets | 1,177 | 1,244 | 1,342 | 1,463 | 1,896 | 2,217 | 2,765 | 3,269 | 3,008 | 3,527 | 3,770 | 4,656 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
149 | 83 | 198 | 185 | -29 | 189 | 624 | -13 | 154 | 229 | 514 | 611 | |
-15 | -22 | -17 | -98 | -63 | -76 | -275 | 11 | 75 | -58 | -137 | -353 | |
-123 | -73 | -181 | -87 | 229 | -68 | -386 | 99 | -129 | -31 | -256 | -72 | |
Net Cash Flow | 11 | -11 | 0 | 1 | 137 | 45 | -37 | 97 | 101 | 139 | 121 | 186 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 93 | 97 | 86 | 89 | 114 | 108 | 95 | 102 | 118 | 89 | 73 | 68 |
Inventory Days | 108 | 122 | 109 | 96 | 114 | 97 | 94 | 103 | 102 | 96 | 79 | 84 |
Days Payable | 119 | 117 | 119 | 98 | 110 | 110 | 139 | 140 | 99 | 68 | 54 | 63 |
Cash Conversion Cycle | 82 | 101 | 76 | 87 | 119 | 95 | 49 | 66 | 121 | 117 | 99 | 89 |
Working Capital Days | 71 | 92 | 70 | 72 | 103 | 92 | 52 | 81 | 118 | 102 | 87 | 77 |
ROCE % | 21% | 18% | 22% | 27% | 23% | 23% | 29% | 28% | 21% | 24% | 26% | 27% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS
28 Sep - Allotment of 48,000 Equity Shares pursuant to exercise of stock options under KEI Employees Stock option Scheme- 2015.
- Closure of Trading Window 23 Sep
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Intimation Of Commencement Of Commercial Production From Pathredi Plant-2 Located At Plot No. SP3-871, RIICO Industrial Area, Pathredi, Alwar District, Rajasthan-301707.
21 Sep - Commencement of commercial production at Pathredi Plant-2.
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Disclosure Pursuant To Regulation 30 Of SEBI (Listing Obligations And Disclosures Requirements) Regulations, 2015
18 Sep - Deregistration of KEI Cables Australia PTY Limited.
- Shareholder Meeting / Postal Ballot-Scrutinizer''s Report 12 Sep
Annual reports
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2012
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Financial Year 2011
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Concalls
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Aug 2024Transcript PPT REC
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Business Overview:[1]
Company manufactures and markets Extra-High Voltage (EHV), Medium Voltage (MV) and Low Voltage (LV) power cables. It caters to retail and institutional markets and also provides Engineering, Procurement and Construction (EPC) services