Fortune India 500 2025 edition
Rank#257- Total income
- ₹10,238 Cr
- Profit
- ₹696 Cr
Last year #286
Kei Industries Limited - manufacturing in New Delhi, Delhi, India. FY 2026 financials & compliance.
Active Listed - NSE: KEI · BSE: 517569 Public Limited Company manufacturing Fortune India 500 · #257 India's Most Valuable · #144 Nifty 500
Market Cap
₹40,462 Cr
KEI · NSE
Share Price
₹3,873.00
-8.45% today
Revenue
₹11,748 Cr
FY 2025-26 · +20.7% YoY
EBITDA
₹1,229 Cr
Margin 10.5%
Net Profit
₹917 Cr
FY 2025-26 · +31.9% YoY
P/E (TTM)
42.6x
P/B 6.4x
ROE
14.8%
ROCE 19.8%
Debt / Equity
0.04
Interest cover 5.6x
About Kei Industries Limited
Data last updated:
Kei Industries Limited is a public limited company based in New Delhi, Delhi, India. It operates in the power cables segment of the manufacturing sector. It was incorporated on 31 December 1992 and has been in existence for over 34 years.
Kei Industries is ranked #257 on the Fortune India 500 (2025) and #144 among India's most valuable companies (2025). It is part of the Nifty 500 and BSE 500 indices. Its director Anil Gupta and family are #190 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN L74899DL1992PLC051527. Its GSTIN is 07AAACK0251C1Z9 (Delhi). The company holds 35 GST registrations, of which 28 are active. Its shares are listed on BSE: 517569 and NSE: KEI.
The company has an authorised share capital of ₹25 Cr and a paid-up capital of ₹19.12 Cr. It is led by directors including Anil Gupta (Managing Director) and Rajeev Gupta (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 July 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at D – 90 Okhla Indl Area Phase I, New Delhi, Delhi, India – 110020.
As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹11,748 Cr, a growth of 20.7% compared to the previous year. For the same year it recorded a net profit of ₹917.3 Cr (net margin 7.8%) and EBITDA of ₹1,229.05 Cr (EBITDA margin 10.5%). The net worth stands at ₹6,664.95 Cr (up 15.2% YoY). Total assets are valued at ₹7,048.02 Cr (up 16.6% YoY).
The company has about 1,851 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: KEI Industries. As per MCA filings, the company has open charges of ₹3,860 Cr and satisfied charges of ₹7,412.76 Cr on record. Court records list 624 cases involving the company, including 522 filed by the company and 102 filed against it; 223 cases are pending. The company has 119 deals on record (111 market trades, 6 funding rounds, 2 qips), with disclosed funding of ₹70.96 Cr; the latest was in March 2025. Its 3 peer companies in the Manufacturing industry (EPC, BoP and BTG, Power Cables), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment) are compared by revenue, 2 larger and 1 smaller; the largest is Tata Power Solar Systems Limited with revenue of ₹11,748 Cr. The company has 4 MSME Form 1 returns on record between 2020 and 2022, listing 155 overdue payments to 126 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website kei-ind.com.
Company details
CIN L74899DL1992PLC051527
Registration Number 051527
Incorporation Date 31 December 1992
ROC Delhi
Listing Status Listed (BSE: 517569, NSE: KEI)
Company Status Active
Date of Last AGM 30 July 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
CIN history
Kei Industries has one previous CIN (Corporate Identification Number): U74899DL1992PLC051527. The current CIN is L74899DL1992PLC051527, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L74899DL1992PLC051527 | Current |
| U74899DL1992PLC051527 | Previous |
Key People
Anil Gupta Managing Director Rajeev Gupta Whole-Time Director Akshit Diviaj Gupta Whole-Time Director Recognitions & Rankings of Kei Industries
India's Most Valuable Companies 2025 edition · Source: Hurun India
Rank#144- Valuation
- ₹46,440 Cr
2024 #157 2023 #191 2022 #242
India's Richest People 2026 edition · 1 director · Source: Hurun India
- #190 Anil Gupta & family ₹19,400 Cr
Stock market indices
Nifty 500 BSE 500
Contact details
Kei Industries Limited's registered office is in New Delhi, Delhi. Its website is kei-ind.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressD – 90 Okhla Indl Area Phase I, New Delhi, Delhi, India – 110020
- IndustryManufacturing, Power Cables
To see the full contact details of Kei Industries Limited, buy the company report.
Comprehensive company report
Kei Industries Limited - one report that includes everything
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
Kei Industries operates one associated brand: KEI Industries. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Electrical wires and cables are manufactured and supplied. | kei-ind.com |
Business activity
The main business activity of Kei Industries is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Kei Industries Limited, buy the company report.
Financials of Kei Industries Limited
FY 2025-26 filings availableKei Industries Limited reported revenue of ₹11,748 Cr (up 20.7% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · ConsolidatedRevenue
₹11,748 Cr
+20.7% YoY
EBITDA
₹1,229 Cr
+24.0% YoY
Profit After Tax
₹917 Cr
+31.9% YoY
Net Worth
₹6,665 Cr
+15.2% YoY
Total Assets
₹7,048 Cr
+16.6% YoY
Total Debt
₹253 Cr
+16.5% YoY
Revenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 11,748 | 9,736 | 8,104 | 6,912 | 5,727 | 4,182 | 4,888 |
| Revenue growth | +20.7% | +20.1% | +17.2% | +20.7% | +37.0% | -14.5% | - |
| EBITDA | 1,229 | 991 | 837 | 706 | 589 | 460 | 497 |
| EBITDA margin | +10.5% | +10.2% | +10.3% | +10.2% | +10.3% | +11.0% | +10.2% |
| Profit before tax | 1,232 | 937 | 781 | 642 | 508 | 366 | 328 |
| Net profit | 917 | 696 | 581 | 477 | 376 | 273 | 256 |
| Net profit margin | +7.8% | +7.1% | +7.2% | +6.9% | +6.6% | +6.5% | +5.3% |
| EPS (₹) | 96.07 | 72.88 | 64.36 | 52.93 | 41.73 | 30.42 | 28.63 |
| Balance sheet | |||||||
| Total assets | 7,048 | 6,043 | 3,338 | 2,766 | 2,500 | 2,116 | 1,899 |
| Net worth | 6,665 | 5,786 | 3,148 | 2,589 | 2,136 | 1,778 | 1,507 |
| Total debt | 253 | 217 | 166 | 162 | 355 | 305 | 367 |
| Cash & bank | 1,513 | 1,915 | 700 | 537 | 360 | 221 | 214 |
| Net working capital | 4,274 | 4,473 | 2,406 | 2,184 | 1,963 | 1,577 | 1,347 |
| Cash flow | |||||||
| Cash from operations | 840 | (32.21) | 610 | 514 | 229 | 154 | (13.03) |
| Cash from investing | (349) | (1,501) | (353) | (137) | (58.33) | 75.38 | 11.01 |
| Cash from financing | (98.18) | 1,919 | (71.76) | (256) | (31.35) | (129) | 99.41 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 3,185 | 3,476 | 2,955 | 2,726 | 2,590 | 2,915 | 2,472 | 2,284 |
| Revenue growth (YoY) | +23.0% | +19.3% | +19.5% | +19.4% | +25.4% | - | - | - |
| Other income | 19.57 | 42.85 | 33.81 | 42.29 | 39.61 | 37.10 | 8.62 | 12.75 |
| EBITDA | 396 | 382 | 320 | 269 | 258 | 301 | 246 | 225 |
| EBITDA margin | +12.4% | +11.0% | +10.8% | +9.9% | +10.0% | +10.3% | +9.9% | +9.8% |
| Depreciation | 28.57 | 28.48 | 22.60 | 20.20 | 19.89 | 19.33 | 18.98 | 16.33 |
| Interest | 17.68 | 18.81 | 16.63 | 14.16 | 14.50 | 13.89 | 14.28 | 13.33 |
| Profit before tax | 369 | 377 | 315 | 277 | 263 | 305 | 221 | 208 |
| Tax | 95.02 | 92.84 | 79.81 | 73.76 | 67.48 | 78.61 | 56.40 | 53.06 |
| Net profit | 274 | 284 | 235 | 204 | 196 | 227 | 165 | 155 |
| EPS (₹) | 28.68 | 29.72 | 24.57 | 21.28 | 20.47 | 23.69 | 17.85 | 17.13 |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 11,748 | 9,736 | 8,104 | 6,912 | 5,727 | 4,181 | 4,884 |
| Revenue growth | +20.7% | +20.1% | +17.2% | +20.7% | +37.0% | -14.4% | - |
| EBITDA | 1,229 | 991 | 838 | 706 | 589 | 455 | 496 |
| EBITDA margin | +10.5% | +10.2% | +10.3% | +10.2% | +10.3% | +10.9% | +10.2% |
| Profit before tax | 1,232 | 937 | 781 | 642 | 508 | 360 | 327 |
| Net profit | 917 | 696 | 581 | 477 | 376 | 270 | 255 |
| Net profit margin | +7.8% | +7.1% | +7.2% | +6.9% | +6.6% | +6.5% | +5.2% |
| EPS (₹) | 96.07 | 72.88 | 64.39 | 52.93 | 41.75 | 30.00 | 28.50 |
| Balance sheet | |||||||
| Total assets | 7,048 | 6,043 | 3,338 | 2,766 | 2,499 | 2,115 | 1,899 |
| Net worth | 6,665 | 5,786 | 3,148 | 2,589 | 2,135 | 1,774 | 1,507 |
| Total debt | 253 | 217 | 166 | 162 | 355 | 333 | 367 |
| Cash & bank | 1,513 | 1,915 | 700 | 537 | 360 | 221 | 214 |
| Net working capital | 4,274 | 4,473 | 2,406 | 2,184 | 1,963 | 1,575 | 1,347 |
| Cash flow | |||||||
| Cash from operations | 840 | (32.21) | 611 | 514 | 229 | 154 | (13.10) |
| Cash from investing | (349) | (1,501) | (353) | (137) | (58.39) | 75.38 | 11.03 |
| Cash from financing | (98.18) | 1,919 | (71.88) | (256) | (31.37) | (129) | 99.41 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 3,185 | 3,476 | 2,955 | 2,726 | 2,590 | 2,915 | 2,472 | 2,284 |
| Revenue growth (YoY) | +23.0% | +19.3% | +19.5% | +19.4% | +25.4% | - | - | - |
| Other income | 19.57 | 42.85 | 33.81 | 42.29 | 39.61 | 37.10 | 8.62 | 12.75 |
| Total expenses | 2,790 | 3,095 | 2,635 | 2,457 | 2,332 | 2,614 | 2,226 | 2,059 |
| EBITDA | 396 | 382 | 320 | 269 | 258 | 301 | 246 | 225 |
| EBITDA margin | +12.4% | +11.0% | +10.8% | +9.9% | +10.0% | +10.3% | +9.9% | +9.8% |
| Depreciation | 28.57 | 28.48 | 22.60 | 20.20 | 19.89 | 19.33 | 18.98 | 16.33 |
| Interest | 17.68 | 18.81 | 16.63 | 14.16 | 14.50 | 13.89 | 14.28 | 13.33 |
| Profit before tax | 369 | 377 | 315 | 277 | 263 | 305 | 221 | 208 |
| Tax | 95.02 | 92.84 | 79.81 | 73.76 | 67.48 | 78.61 | 56.40 | 53.06 |
Financial Statements
Figures in ₹ Cr; negatives in brackets. Updated 22 Oct 2026
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 3,185 | 3,476 | 2,955 | 2,726 | 2,590 | 2,915 | 2,472 | 2,284 |
| Revenue growth (YoY) | +23.0% | +19.3% | +19.5% | +19.4% | +25.4% | - | - | - |
| Other income | 19.57 | 42.85 | 33.81 | 42.29 | 39.61 | 37.10 | 8.62 | 12.75 |
| EBITDA | 396 | 382 | 320 | 269 | 258 | 301 | 246 | 225 |
| EBITDA margin | +12.4% | +11.0% | +10.8% | +9.9% | +10.0% | +10.3% | +9.9% | +9.8% |
| Depreciation | 28.57 | 28.48 | 22.60 | 20.20 | 19.89 | 19.33 | 18.98 | 16.33 |
| Interest | 17.68 | 18.81 | 16.63 | 14.16 | 14.50 | 13.89 | 14.28 | 13.33 |
| Profit before tax | 369 | 377 | 315 | 277 | 263 | 305 | 221 | 208 |
| Tax | 95.02 | 92.84 | 79.81 | 73.76 | 67.48 | 78.61 | 56.40 | 53.06 |
| Net profit | 274 | 284 | 235 | 204 | 196 | 227 | 165 | 155 |
| EPS (₹) | 28.68 | 29.72 | 24.57 | 21.28 | 20.47 | 23.69 | 17.85 | 17.13 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 11,748 | 9,736 | 8,104 | 6,912 | 5,727 | 4,182 | 4,888 |
| Revenue growth | +20.7% | +20.1% | +17.2% | +20.7% | +37.0% | -14.5% | - |
| Other income | 159 | 71.80 | 49.02 | 27.62 | 14.63 | 20.16 | 16.65 |
| Total expenses | 10,519 | 8,745 | 7,267 | 6,206 | 5,138 | 3,721 | 4,391 |
| Employee cost | 372 | 304 | 267 | 232 | 201 | 185 | 228 |
| EBITDA | 1,229 | 991 | 837 | 706 | 589 | 460 | 497 |
| EBITDA margin | +10.5% | +10.2% | +10.3% | +10.2% | +10.3% | +11.0% | +10.2% |
| Depreciation | 91.17 | 70.14 | 61.36 | 57.08 | 55.45 | 57.81 | 56.69 |
| Interest | 64.11 | 55.65 | 43.91 | 34.71 | 40.39 | 57.31 | 129 |
| Profit before tax | 1,232 | 937 | 781 | 642 | 508 | 366 | 328 |
| Tax | 314 | 241 | 200 | 165 | 132 | 92.12 | 71.56 |
| Net profit | 917 | 696 | 581 | 477 | 376 | 273 | 256 |
| Net profit margin | +7.8% | +7.1% | +7.2% | +6.9% | +6.6% | +6.5% | +5.3% |
| EPS (₹) | 96.07 | 72.88 | 64.36 | 52.93 | 41.73 | 30.42 | 28.63 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 19.12 | 19.11 | 18.05 | 18.04 | 18.02 | 17.97 | 17.90 |
| Reserves & surplus | 6,646 | 5,767 | 3,130 | 2,571 | 2,118 | 1,760 | 1,489 |
| Shareholders' funds (net worth) | 6,665 | 5,786 | 3,148 | 2,589 | 2,136 | 1,778 | 1,507 |
| Minority interest | 0.00 | 0.00 | 0.00 | (0.02) | (0.01) | (0.01) | (0.11) |
| Secured loans | 186 | 178 | 134 | 135 | 331 | 265 | 336 |
| Unsecured loans | 66.82 | 38.88 | 32.00 | 26.57 | 24.01 | 40.80 | 30.62 |
| Total debt | 253 | 217 | 166 | 162 | 355 | 305 | 367 |
| Total liabilities | 7,048 | 6,043 | 3,338 | 2,766 | 2,500 | 2,116 | 1,899 |
| Assets | |||||||
| Gross block | 2,199 | 1,419 | 1,130 | 870 | 782 | 734 | 693 |
| Net block | 1,686 | 993 | 770 | 567 | 531 | 537 | 554 |
| Capital work in progress | 1,002 | 385 | 121 | 14.56 | 16.51 | 7.13 | 11.21 |
| Investments | 1.70 | 1.72 | 1.59 | 1.27 | 2.02 | 1.17 | 0.75 |
| Inventories | 2,401 | 1,730 | 1,343 | 1,102 | 1,079 | 768 | 864 |
| Sundry debtors | 1,842 | 1,797 | 1,518 | 1,388 | 1,396 | 1,350 | 1,368 |
| Cash & bank balances | 1,513 | 1,915 | 700 | 537 | 360 | 221 | 214 |
| Loans & advances | 402 | 192 | 136 | 134 | 126 | 107 | 240 |
| Total current assets | 6,157 | 5,635 | 3,697 | 3,161 | 2,961 | 2,446 | 2,686 |
| Total current liabilities | 1,882 | 1,162 | 1,291 | 978 | 998 | 868 | 1,339 |
| Net working capital | 4,274 | 4,473 | 2,406 | 2,184 | 1,963 | 1,577 | 1,347 |
| Total assets | 7,048 | 6,043 | 3,338 | 2,766 | 2,500 | 2,116 | 1,899 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 1,052 | 666 | 480 | 359 | 220 | 119 | 22.07 |
| Net cash from operating activities | 840 | (32.21) | 610 | 514 | 229 | 154 | (13.03) |
| Net cash from investing activities | (349) | (1,501) | (353) | (137) | (58.33) | 75.38 | 11.01 |
| Net cash from financing activities | (98.18) | 1,919 | (71.76) | (256) | (31.35) | (129) | 99.41 |
| Net change in cash | 392 | 386 | 186 | 121 | 139 | 101 | 97.39 |
| Closing cash | 1,513 | 1,915 | 700 | 537 | 360 | 221 | 214 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +20.7% | +20.1% | +17.2% | +20.7% | +37.0% | -14.5% | - |
| EBITDA growth | +24.0% | +18.4% | +18.6% | +19.9% | +27.9% | -7.4% | - |
| PBT growth | +31.5% | +20.0% | +21.7% | +26.5% | +38.8% | +11.5% | +17.9% |
| Net income growth | +31.9% | +19.8% | +21.7% | +26.9% | +37.5% | +6.6% | - |
| Revenue CAGR (3Y) | +19.3% | +19.4% | +24.7% | +12.3% | +10.6% | +6.5% | +23.0% |
| EBITDA CAGR (3Y) | +20.3% | +19.0% | +22.1% | +12.4% | +10.2% | +10.7% | +22.7% |
| Profitability & leverage | |||||||
| Net income margin | +7.8% | +7.2% | +7.2% | +6.9% | +6.6% | +6.5% | +5.2% |
| Return on capital employed | +19.8% | +21.2% | +27.0% | +25.7% | +23.7% | +21.1% | +27.8% |
| Return on net worth | +14.8% | +15.6% | +20.2% | +20.2% | +19.2% | +16.6% | +22.4% |
| Debt / equity | 0.04 | 0.04 | 0.06 | 0.11 | 0.17 | 0.20 | 0.42 |
| Long-term debt / equity | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.03 | 0.08 |
| Interest cover | 5.63 | 6.04 | 5.66 | 5.35 | 7.57 | 14.23 | 29.33 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 6.49 | 7.64 | 8.10 | 8.37 | 7.56 | 5.86 | 7.66 |
| Inventory turnover | 5.69 | 6.34 | 6.63 | 6.34 | 6.20 | 5.12 | 6.28 |
| Debtors turnover | 6.46 | 5.87 | 5.58 | 4.97 | 4.17 | 3.08 | 3.98 |
| EPS (₹) | 96.07 | 72.88 | 64.36 | 52.93 | 41.73 | 30.42 | 28.63 |
| Dividend per share (₹) | 4.50 | 4.00 | 3.50 | 3.00 | 2.50 | 2.00 | 1.50 |
| Book value per share (₹) | 697.17 | 605.49 | 348.88 | 287.08 | 237.00 | 197.88 | 168.39 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 3,185 | 3,476 | 2,955 | 2,726 | 2,590 | 2,915 | 2,472 | 2,284 |
| Revenue growth (YoY) | +23.0% | +19.3% | +19.5% | +19.4% | +25.4% | - | - | - |
| Other income | 19.57 | 42.85 | 33.81 | 42.29 | 39.61 | 37.10 | 8.62 | 12.75 |
| Total expenses | 2,790 | 3,095 | 2,635 | 2,457 | 2,332 | 2,614 | 2,226 | 2,059 |
| EBITDA | 396 | 382 | 320 | 269 | 258 | 301 | 246 | 225 |
| EBITDA margin | +12.4% | +11.0% | +10.8% | +9.9% | +10.0% | +10.3% | +9.9% | +9.8% |
| Depreciation | 28.57 | 28.48 | 22.60 | 20.20 | 19.89 | 19.33 | 18.98 | 16.33 |
| Interest | 17.68 | 18.81 | 16.63 | 14.16 | 14.50 | 13.89 | 14.28 | 13.33 |
| Profit before tax | 369 | 377 | 315 | 277 | 263 | 305 | 221 | 208 |
| Tax | 95.02 | 92.84 | 79.81 | 73.76 | 67.48 | 78.61 | 56.40 | 53.06 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 11,748 | 9,736 | 8,104 | 6,912 | 5,727 | 4,181 | 4,884 |
| Revenue growth | +20.7% | +20.1% | +17.2% | +20.7% | +37.0% | -14.4% | - |
| Other income | 159 | 71.80 | 49.02 | 27.62 | 14.89 | 20.06 | 16.47 |
| Total expenses | 10,519 | 8,745 | 7,267 | 6,206 | 5,138 | 3,726 | 4,388 |
| Employee cost | 372 | 304 | 267 | 232 | 201 | 185 | 228 |
| EBITDA | 1,229 | 991 | 838 | 706 | 589 | 455 | 496 |
| EBITDA margin | +10.5% | +10.2% | +10.3% | +10.2% | +10.3% | +10.9% | +10.2% |
| Depreciation | 91.17 | 70.14 | 61.36 | 57.08 | 55.45 | 57.81 | 56.69 |
| Interest | 64.11 | 55.65 | 43.91 | 34.71 | 40.39 | 57.31 | 129 |
| Profit before tax | 1,232 | 937 | 781 | 642 | 508 | 360 | 327 |
| Tax | 314 | 241 | 200 | 165 | 132 | 90.86 | 71.56 |
| Net profit | 917 | 696 | 581 | 477 | 376 | 270 | 255 |
| Net profit margin | +7.8% | +7.1% | +7.2% | +6.9% | +6.6% | +6.5% | +5.2% |
| EPS (₹) | 96.07 | 72.88 | 64.39 | 52.93 | 41.75 | 30.00 | 28.50 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 19.12 | 19.11 | 18.05 | 18.04 | 18.02 | 17.97 | 17.90 |
| Reserves & surplus | 6,646 | 5,767 | 3,130 | 2,571 | 2,117 | 1,756 | 1,489 |
| Shareholders' funds (net worth) | 6,665 | 5,786 | 3,148 | 2,589 | 2,135 | 1,774 | 1,507 |
| Secured loans | 186 | 178 | 134 | 135 | 331 | 264 | 336 |
| Unsecured loans | 66.82 | 38.88 | 32.00 | 26.57 | 24.01 | 68.85 | 30.62 |
| Total debt | 253 | 217 | 166 | 162 | 355 | 333 | 367 |
| Total liabilities | - | - | 3,338 | 2,766 | 2,499 | 2,115 | 1,899 |
| Assets | |||||||
| Gross block | 2,199 | 1,419 | 1,130 | 870 | 782 | 734 | 693 |
| Net block | 1,686 | 993 | 770 | 567 | 531 | 537 | 554 |
| Capital work in progress | 1,002 | 385 | 121 | 14.56 | 16.51 | 7.13 | 11.21 |
| Investments | 1.70 | 1.72 | 1.59 | 1.27 | 2.01 | 0.91 | 0.60 |
| Inventories | 2,401 | 1,730 | 1,343 | 1,102 | 1,079 | 763 | 864 |
| Sundry debtors | 1,842 | 1,797 | 1,518 | 1,388 | 1,396 | 1,350 | 1,368 |
| Cash & bank balances | 1,513 | 1,915 | 700 | 537 | 360 | 221 | 214 |
| Loans & advances | 402 | 192 | 136 | 134 | 126 | 107 | 240 |
| Total current assets | 6,157 | 5,635 | 3,697 | 3,161 | 2,961 | 2,440 | 2,686 |
| Total current liabilities | 1,882 | 1,162 | 1,291 | 978 | 998 | 865 | 1,339 |
| Net working capital | 4,274 | 4,473 | 2,406 | 2,184 | 1,963 | 1,575 | 1,347 |
| Total assets | 7,048 | 6,043 | 3,338 | 2,766 | 2,499 | 2,115 | 1,899 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 1,052 | 666 | 480 | 359 | 220 | 119 | 22.07 |
| Net cash from operating activities | 840 | (32.21) | 611 | 514 | 229 | 154 | (13.10) |
| Net cash from investing activities | (349) | (1,501) | (353) | (137) | (58.39) | 75.38 | 11.03 |
| Net cash from financing activities | (98.18) | 1,919 | (71.88) | (256) | (31.37) | (129) | 99.41 |
| Net change in cash | 392 | 386 | 186 | 121 | 139 | 101 | 97.34 |
| Closing cash | 1,513 | 1,915 | 700 | 537 | 360 | 221 | 214 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +20.7% | +20.1% | +17.2% | +20.7% | +37.0% | -14.4% | - |
| EBITDA growth | +24.0% | +18.3% | +18.6% | +20.0% | +29.3% | -8.2% | - |
| PBT growth | +31.5% | +19.9% | +21.7% | +26.5% | +40.9% | +10.3% | +17.0% |
| Net income growth | +31.9% | +19.7% | +21.7% | +26.9% | +39.5% | +5.7% | - |
| Revenue CAGR (3Y) | +19.3% | +19.4% | +24.7% | +12.3% | +10.7% | +6.5% | +22.9% |
| EBITDA CAGR (3Y) | +20.3% | +19.0% | +22.5% | +12.5% | +10.0% | +10.4% | +22.6% |
| Profitability & leverage | |||||||
| Net income margin | +7.8% | +7.2% | +7.2% | +6.9% | +6.6% | +6.5% | +5.2% |
| Return on capital employed | +19.8% | +21.2% | +27.0% | +25.7% | +23.8% | +20.8% | +27.7% |
| Return on net worth | +14.8% | +15.6% | +20.3% | +20.2% | +19.3% | +16.4% | +22.3% |
| Debt / equity | 0.04 | 0.04 | 0.06 | 0.11 | 0.18 | 0.21 | 0.42 |
| Long-term debt / equity | 0.01 | 0.01 | 0.01 | 0.01 | 0.02 | 0.03 | 0.08 |
| Interest cover | 5.63 | 6.04 | 5.66 | 5.35 | 7.57 | 14.41 | 29.40 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 6.49 | 7.64 | 8.10 | 8.37 | 7.56 | 5.86 | 7.66 |
| Inventory turnover | 5.69 | 6.34 | 6.63 | 6.34 | 6.22 | 5.14 | 6.29 |
| Debtors turnover | 6.46 | 5.87 | 5.58 | 4.97 | 4.17 | 3.08 | 3.97 |
| EPS (₹) | 96.07 | 72.88 | 64.39 | 52.93 | 41.75 | 30.00 | 28.50 |
| Dividend per share (₹) | 4.50 | 4.00 | 3.50 | 3.00 | 2.50 | 2.00 | 1.50 |
| Book value per share (₹) | 697.17 | 605.49 | 348.88 | 287.06 | 236.98 | 197.38 | 168.34 |
To see the full year-wise statements and ratios of Kei Industries Limited, buy the company report.
Board of directors of Kei Industries Limited
Kei Industries has 8 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vinay Mittal | Director | 29 Jul 2024 | 2 Years 2 Months | Current |
| Rajeev Gupta | Whole-Time Director | 21 Apr 2006 | 20 Years 6 Months | Current |
| Anil Gupta Also directs: Kei Power Limited., Soubhagya Agency Private Limited, Dhan Versha Agency Private Limited and 5 more | Managing Director | 31 Dec 1992 | 33 Years 9 Months | Current |
| Shalini Gupta Also directs: Ishwa Consulting LLP | Director | 18 Feb 2019 | 7 Years 8 Months | Current |
| Archana Gupta Also directs: Kei Power Limited., Soubhagya Agency Private Limited, Dhan Versha Agency Private Limited and 4 more | Director | 31 Jan 2005 | 21 Years 8 Months | Current |
| Sadhu Ram Bansal | Director | 24 Jan 2018 | 8 Years 8 Months | Current |
Showing 6 of 8 current directors. View all directors
Peer comparison
Kei Industries Limited is compared with the 3 companies closest to it by revenue in the Manufacturing industry (EPC, BoP and BTG, Power Cables), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Tata Power Solar Systems Limited | ₹11,748 Cr (FY 2024) | 70.0% | Mumbai, Maharashtra, India | |||
| Kei Industries Limitedthis company | ₹11,748 Cr (FY 2026) | ₹917.3 Cr | 7.8% | 20.7% | 1,851 | New Delhi, Delhi, India |
| Suzlon Energy Limited | ₹10,993 Cr (FY 2025) | 67.0% | Ahmedabad, Gujarat, India | |||
| Jakson Limited | ₹7,150 Cr (FY 2025) | 43.0% | New Delhi, Delhi, India |
To see the full peer comparison of Kei Industries Limited, buy the company report.
Auditor
Kei Industries Limited is audited by Pawan Shubham & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Pawan Shubham & Co. | FY 2023 | 011573C |
Shareholding
Shareholding for the quarter ended Sep 2026: promoters hold 35.00%, foreign institutional investors hold 27.30%, domestic institutional investors hold 25.90% and retail and other public shareholders hold 11.80%.
Sep 2026
QUARTER
35.00% Promoters
25.90% DII (Domestic Institutional)
27.30% FII (Foreign Institutional)
11.80% Retail & Others
Promoter holding - history
Now 35.00% · Sep 2026High 35.00% · Dec 2025Low 35.00% · Dec 2025
Shareholding trend - last 6 quarters
| Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | |
|---|---|---|---|---|
| Promoters | 35.00% | 35.00% | 35.00% | 35.00% |
| Public | 65.00% | 65.00% | 65.00% | 65.00% |
Charges & borrowings
Open charges
₹3,860 Cr
Satisfied charges
₹7,412.76 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 12 Jul 2024 | 100947385 | Others | ₹200 Cr | Open | |
| 13 May 2024 | 100926044 | Others | ₹200 Cr | Open | |
| 13 Mar 2024 | 100896411 | Axis Bank Limited | ₹250 Cr | Open | |
| 17 Apr 2006 | 10004896 | Others | ₹3,210 Cr | Open | |
| 12 Apr 2024 | 100911676 | Others | ₹50 Cr | Satisfied |
To see the full charge records of Kei Industries Limited, buy the company report.
Total charge records: 184 View all charges
Deals & funding
Kei Industries Limited has 119 deals on record (111 market trades, 6 funding rounds, 2 qips), with disclosed funding of ₹70.96 Cr; the latest was in March 2025.
Total deals
119
Market trades
111
Funding rounds
6
QIPs
2
Disclosed funding
₹70.96 Cr
Deals on record (5 of 119)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2025 | Market trade | ₹190.62 Cr | Buyer: Graviton Research Capital LLP Seller: Graviton Research Capital LLP |
| Feb 2025 | Market trade | ₹556.11 Cr | Buyer: Motilal Oswal Mutual Fund, Graviton Research Capital LLP Seller: Graviton Research Capital LLP |
| Feb 2025 | Market trade | ₹162.06 Cr | Buyer: Graviton Research Capital LLP Seller: Graviton Research Capital LLP |
| Jul 2015 | Market trade | ₹6.44 Cr | Seller: Ananta Chit Fund Pvt Ltd |
| Jul 2015 | Market trade | ₹14.28 Cr | Seller: Thadhani Investments Private Limited |
To see the full deal history of Kei Industries Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Kei Industries Limited has 624 court cases on record: 522 filed by Kei Industries, 102 filed against it. 223 cases are pending and 401 are disposed.
Total cases
624
Filed by the company
522
Filed against the company
102
Pending
223
Disposed
401
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 457 | 59 | 199 |
| High courts | 155 | 40 | 23 |
| Supreme Court | 8 | 3 | 1 |
| NCLT | 4 | 0 | 0 |
Cases on record (5 of 624)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South East, Delhi | Cheque dishonour complaint | Filed by the company against Kumar Electricals and Power Infra Pvt Ltd and Ors | Pending |
| District court, South East, Delhi | Criminal case | Filed by the company against M/S Pratya Indus Solutions Private Limited | Pending |
| District court, South East, Delhi | Criminal case | Filed by the company against M/S Dunamis Construction Private Limited | Pending |
| District court, South East, Delhi | Criminal case | Filed by the company against Nearidam Tecknek Private Limited | Pending |
| NCLT, NCLT Kolkata | Insolvency matter | Filed by the company against Bridge and Roof Co India Ltd | Disposed |
To see the full case history of Kei Industries Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Credit ratings & regulatory alerts
Kei Industries Limited was last rated by Care on 07 Jul 2026.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 07 Jul 2026 |
To see the full credit ratings and regulatory alerts of Kei Industries Limited, buy the company report.
MSME payment delays
Kei Industries Limited has 4 MSME Form 1 returns on record between 2020 and 2022, listing 155 overdue payments to 126 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 126)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Nigam Engicon Company Private Limited | |||
| Boost Marketing Private Limited | |||
| an individual supplier | |||
| MCT Brattberg India Private Limited | |||
| Omkamal Steel Private Limited |
To see the full MSME payment records of Kei Industries Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Kei Industries Limited has a workforce of 1,851 employees on its EPFO records as of Sep 24, 2024, across 7 active EPFO establishments.
Employee count
1,851
Active EPFO establishments
7
Employee growth
3.58%
GST
Kei Industries has 35 GST registrations: 28 active and 7 cancelled or inactive. The first 4 active GSTINs are listed below.
Total GSTINs
35
Active
28
Cancelled / inactive
7
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAACK0251C1Z9 | Delhi | Active | 01 Jul 2017 |
| 07AAACK0251C2Z8 | Delhi | Active | 28 Aug 2017 |
| 02AAACK0251C1ZJ | Himachal Pradesh | Active | 01 Jul 2017 |
| 03AAACK0251C1ZH | Punjab | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Kei Industries Limited, buy the company report.
Recent activity
Kei Industries Limited has 13 board changes on record since 1992: 8 appointments and 5 cessations. The latest: Kishan Gopal Somani ceased to be Director on 18 Sep 2024.
AGM
Kei Industries Limited last Annual general meeting of members was held on 30 Jul 2025 as per latest MCA records.
Charges
A charge registered on 29 Mar 2024 via Charge ID 100900967 with Others was fully satisfied on 04 Jul 2025.
Filing
Kei Industries Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Delhi I.
Charges
A charge with Others of Rs. 3,210.00 Cr registered on 17 Apr 2006 with Charge ID 10004896 was modified on 22 Jan 2025.
Ceased
Kishan Gopal Somani ceased to be Director.
Ceased
Pawan Bholusaria ceased to be Director.
Ceased
Vijay Bhushan ceased to be Director.
Ceased
Vikram Bhartia ceased to be Director.
Charges
A charge registered on 12 Apr 2024 via Charge ID 100911676 with Others was fully satisfied on 02 Sep 2024.
Appointed
Vinay Mittal was appointed as Director.
Charges
A charge with Others amounted to Rs. 200.00 Cr with Charge ID 100947385 was registered on 12 Jul 2024.
Charges
A charge with Others amounted to Rs. 200.00 Cr with Charge ID 100926044 was registered on 13 May 2024.
424 earlier events are in the company report.
News
KEI Industries: Co Expects EPC To Incur A ₹5 - 7 Cr EBIT Loss Over The Next 1 Or 2 Quarters As It Winds Down Operations, With No Meaningful EPC Business Expected Next Year.
KEI Industries: Co Is Emphasizing Value-led Growth Due To Working Capital Constraints, With Sanand’s Monthly Revenue Run Rate Targeted To Rise From ₹100 Crore To ₹150–200 Crore This Quarter And ₹250–300 Crore In Q3.
KEI Industries: Anticipates PAT Growth Of 24–25% With Revenue Growth Of 20%, But Operating Profit Growth Is Unclear Due To Improved Operational Efficiencies And Reduced Interest Costs.
KEI Industries: Co Sticks To Its Over 25% Revenue Growth Goal, Anticipates EBITDA Margins Above 11%, And Projects PAT Margins Between 7% And 7.5%.
KEI: Q2 REVENUE 37.76B RUPEES VS 27.3B (YOY); EST 34.42B
KEI: Q2 CONS NET PROFIT 2.62B RUPEES VS 2.03B (YOY); EST 2.75B
Frequently asked questions
Kei Industries is an active public limited company based in New Delhi, Delhi, India. The company works in power cables, within the manufacturing industry. It was incorporated on 31 December 1992 (34+ years old) and is registered under CIN L74899DL1992PLC051527. Listed on BSE: 517569 and NSE: KEI.
Kei Industries reported revenue of ₹11,748 Cr for FY 2025-26 (up 20.7% YoY) based on consolidated financials.
Kei Industries has 8 current directors:
- Anil Gupta - Managing Director
- Rajeev Gupta - Whole-Time Director
- Akshit Diviaj Gupta - Whole-Time Director
- Vinay Mittal - Director
- Shalini Gupta - Director
- Archana Gupta - Director
- Sadhu Ram Bansal - Director
- Rajesh Kumar Yaduvanshi - Director
The latest financial statements of Kei Industries on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 July 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Kei Industries is 07AAACK0251C1Z9, registered in Delhi. The company has 35 GST registrations in all, of which 28 are active and 7 are cancelled or inactive. Other active GSTINs include 07AAACK0251C2Z8 (Delhi), 02AAACK0251C1ZJ (Himachal Pradesh), 03AAACK0251C1ZH (Punjab).
The CIN (Corporate Identification Number) of Kei Industries is L74899DL1992PLC051527. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Kei Industries is listed on both BSE (code: 517569) and NSE (symbol: KEI).
Kei Industries has 624 court cases on record: 522 filed by the company and 102 filed against it. 223 are pending. Most are in the district courts.
Kei Industries was incorporated on 31 December 1992, making it 34+ years old. It is registered with the Registrar of Companies, Delhi.
Kei Industries has 119 deals on record (111 market trades, 6 funding rounds, 2 qips), with disclosed funding of ₹70.96 Cr; the latest was in March 2025.
The peers of Kei Industries by revenue are Tata Power Solar Systems Limited, Suzlon Energy Limited, Jakson Limited, all in the Manufacturing industry (EPC, BoP and BTG, Power Cables), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).
Kishan Gopal Somani ceased to be Director on 18 Sep 2024. Pawan Bholusaria ceased to be Director on 18 Sep 2024. Vijay Bhushan ceased to be Director on 18 Sep 2024. Kei Industries has 13 board changes on record in total.