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 ₹ 26,254 Cr.
- Current Price ₹ 2,902
- High / Low ₹ 2,999 / 1,351
- Stock P/E 49.7
- Book Value ₹ 317
- Dividend Yield 0.10 %
- ROCE 25.8 %
- ROE 20.2 %
- Face Value ₹ 2.00
Pros
- Company has reduced debt.
- Company is almost debt free.
- Company has delivered good profit growth of 27.0% CAGR over last 5 years
- Debtor days have improved from 93.3 to 73.3 days.
Cons
- Stock is trading at 9.16 times its book value
- Promoter holding has decreased over last 3 years: -3.26%
* 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 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
1,706 | 1,658 | 1,619 | 2,031 | 2,326 | 2,628 | 3,459 | 4,227 | 4,884 | 4,181 | 5,727 | 6,912 | 7,468 | |
1,556 | 1,488 | 1,466 | 1,838 | 2,083 | 2,359 | 3,120 | 3,785 | 4,388 | 3,726 | 5,138 | 6,206 | 6,700 | |
Operating Profit | 150 | 171 | 153 | 193 | 242 | 269 | 339 | 442 | 496 | 456 | 589 | 706 | 768 |
OPM % | 9% | 10% | 9% | 10% | 10% | 10% | 10% | 10% | 10% | 11% | 10% | 10% | 10% |
1 | 2 | 1 | 5 | 5 | 10 | 9 | 7 | 16 | 20 | 15 | 28 | 35 | |
Interest | 96 | 109 | 112 | 120 | 127 | 124 | 111 | 136 | 129 | 57 | 40 | 35 | 34 |
Depreciation | 20 | 20 | 21 | 25 | 25 | 28 | 32 | 34 | 57 | 58 | 55 | 57 | 59 |
Profit before tax | 36 | 43 | 22 | 53 | 95 | 126 | 204 | 279 | 327 | 360 | 508 | 642 | 710 |
Tax % | 32% | 39% | 47% | 35% | 35% | 26% | 29% | 35% | 22% | 25% | 26% | 26% | |
24 | 26 | 12 | 34 | 62 | 94 | 145 | 182 | 255 | 270 | 376 | 477 | 528 | |
EPS in Rs | 3.63 | 3.75 | 1.57 | 4.43 | 8.05 | 12.06 | 18.45 | 23.04 | 28.50 | 29.92 | 41.75 | 52.93 | 58.57 |
Dividend Payout % | 6% | 5% | 13% | 9% | 6% | 5% | 5% | 5% | 5% | 7% | 6% | 6% |
Compounded Sales Growth | |
---|---|
10 Years: | 15% |
5 Years: | 15% |
3 Years: | 12% |
TTM: | 14% |
Compounded Profit Growth | |
---|---|
10 Years: | 34% |
5 Years: | 27% |
3 Years: | 23% |
TTM: | 24% |
Stock Price CAGR | |
---|---|
10 Years: | 77% |
5 Years: | 51% |
3 Years: | 89% |
1 Year: | 84% |
Return on Equity | |
---|---|
10 Years: | 20% |
5 Years: | 20% |
3 Years: | 19% |
Last Year: | 20% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 13 | 14 | 15 | 15 | 15 | 16 | 16 | 16 | 18 | 18 | 18 | 18 | 18 |
Reserves | 213 | 242 | 254 | 288 | 351 | 445 | 589 | 763 | 1,489 | 1,756 | 2,117 | 2,571 | 2,840 |
488 | 474 | 511 | 452 | 498 | 813 | 842 | 599 | 367 | 333 | 355 | 162 | 193 | |
480 | 448 | 464 | 585 | 598 | 622 | 770 | 1,387 | 1,395 | 902 | 1,036 | 1,019 | 1,047 | |
Total Liabilities | 1,194 | 1,177 | 1,244 | 1,342 | 1,463 | 1,896 | 2,217 | 2,765 | 3,269 | 3,008 | 3,527 | 3,770 | 4,098 |
318 | 309 | 314 | 298 | 328 | 405 | 407 | 489 | 554 | 537 | 531 | 567 | 727 | |
CWIP | 0 | 3 | 0 | 4 | 29 | 3 | 23 | 32 | 11 | 7 | 17 | 15 | 39 |
Investments | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 2 | 1 | 1 | 2 | 1 | 1 |
873 | 863 | 926 | 1,036 | 1,103 | 1,485 | 1,784 | 2,243 | 2,703 | 2,463 | 2,978 | 3,187 | 3,330 | |
Total Assets | 1,194 | 1,177 | 1,244 | 1,342 | 1,463 | 1,896 | 2,217 | 2,765 | 3,269 | 3,008 | 3,527 | 3,770 | 4,098 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
32 | 149 | 83 | 198 | 185 | -29 | 189 | 624 | -13 | 154 | 229 | 514 | |
-14 | -15 | -22 | -17 | -98 | -63 | -76 | -275 | 11 | 75 | -58 | -137 | |
-26 | -123 | -73 | -181 | -87 | 229 | -68 | -386 | 99 | -129 | -31 | -256 | |
Net Cash Flow | -8 | 11 | -11 | 0 | 1 | 137 | 45 | -37 | 97 | 101 | 139 | 121 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 103 | 93 | 97 | 86 | 89 | 114 | 108 | 95 | 102 | 118 | 89 | 73 |
Inventory Days | 81 | 108 | 122 | 109 | 96 | 114 | 97 | 94 | 103 | 102 | 96 | 78 |
Days Payable | 113 | 119 | 117 | 119 | 98 | 110 | 110 | 139 | 140 | 99 | 68 | 53 |
Cash Conversion Cycle | 71 | 82 | 101 | 76 | 87 | 119 | 95 | 49 | 66 | 121 | 117 | 98 |
Working Capital Days | 69 | 71 | 92 | 70 | 72 | 103 | 92 | 52 | 81 | 118 | 102 | 87 |
ROCE % | 21% | 21% | 18% | 22% | 27% | 23% | 23% | 29% | 28% | 21% | 24% |
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
27 Nov - Given below is the Schedule of Conference Call/Meet with the Analyst / Institutional Investors: Date: 01.12.2023 Meeting Organized by: CLSA India Private Limited Type/Location: One …
-
Announcement under Regulation 30 (LODR)-Earnings Call Transcript
8 Nov - The transcript of audio call recording of the Company''s Analyst Call held on Wednesday, 01st November, 2023 to discuss the Un-Audited Financial Results (Standalone & …
-
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
1 Nov - In accordance with Regulation 30 of SEBI (LODR) Regulations, 2015, please find below the link to the audio recording of the analysts/Investors Call on the …
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
1 Nov - Read with corresponding circulars and notifications issued thereunder, please find enclosed herewith newspaper clippings of Un-audited Financial Results of the Company for the quarter and …
-
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
31 Oct - Listing Obligations and Disclosures Requirement) Regulations, 2015, given below is the schedule of conference call/meet with the analyst/ Institutional Investors:-
Annual reports
-
Financial Year 2023
from bse
-
Financial Year 2022
from bse
-
Financial Year 2021
from bse
-
Financial Year 2020
from bse
-
Financial Year 2019
from bse
-
Financial Year 2018
from bse
-
Financial Year 2017
from bse
-
Financial Year 2016
from bse
-
Financial Year 2015
from bse
-
Financial Year 2014
from bse
-
Financial Year 2013
from bse
-
Financial Year 2012
from bse
-
Financial Year 2012
from nse
-
Financial Year 2011
from bse
-
Financial Year 2011
from nse
Concalls
-
Nov 2023Transcript PPT
-
Aug 2023Transcript PPT
-
May 2023TranscriptNotesPPT
-
May 2023Transcript PPT
-
May 2023TranscriptNotesPPT
-
Jan 2023Transcript PPT
-
Oct 2022Transcript PPT
-
Aug 2022Transcript PPT
-
May 2022Transcript PPT
-
Jan 2022Transcript PPT
-
Oct 2021Transcript PPT
-
Aug 2021Transcript PPT
-
May 2021Transcript PPT
-
Jan 2021Transcript PPT
-
Nov 2020Transcript PPT
-
Sep 2020TranscriptPPT
-
Jun 2020TranscriptPPT
-
Nov 2019TranscriptPPT
-
Aug 2019TranscriptPPT
-
May 2019TranscriptPPT
-
Feb 2019TranscriptPPT
-
Nov 2018TranscriptPPT
-
Aug 2018TranscriptPPT
-
May 2018TranscriptPPT
-
Jan 2018TranscriptPPT
-
Nov 2017TranscriptPPT
-
Aug 2017TranscriptPPT
-
May 2017TranscriptPPT
-
Feb 2017TranscriptPPT
-
Nov 2016TranscriptPPT
-
Jul 2016TranscriptPPT
-
May 2016TranscriptPPT
-
Jan 2016TranscriptPPT
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