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KEI Industries' Chairman and MD Anil Gupta denied any guidance cut, defending margins and revenue growth despite Street concerns and rising competition
By ScoutQuest · · 1 min read
- Initial revenue growth guidance
- 25 percent
- Actual revenue growth this year
- 39 percent
- First half revenue growth
- 33-34 percent
- EBITDA margin this quarter
- 10.62 percent
- Full year EBITDA margin guidance
- around 11 percent
Heard on business television between 11:46:25 - 11:49:25 IST.
- Anil Gupta, Chairman and MD of KEI Industries, said there is no guidance cut despite market chatter.
- He said the company had projected 25% revenue growth at the start of the year but achieved 39% growth, with 33-34% growth in the first half.
- EBITDA margin for the quarter was 10.62%, slightly lower than last quarter, but he maintained full-year guidance of around 11%.
- He said he prefers to keep guidance conservative so the company can outperform it.
- On competition from a large new entrant, he said the market is big enough to accommodate multiple players and declined to discuss strategy publicly, saying results would speak over the next 1-2 years.
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Source: Live TV News Channel · 22 Oct 2026
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