KEI Industries517569Cables and wires
KEI Industries management guided for margin improvement to 11% by FY27 with a path to 12%, while analysts flagged valuation compression ahead of new EHV cable capacity ramp-up
By ScoutQuest · · 1 min read
- FY27 margin target
- 11 percent
- Earlier margin guidance path
- 12 percent
- New capacity revenue potential
- 1500 crore rupees
- Current FY27 valuation multiple
- 31 times
- Valuation multiple in May 2026
- 44 times
Heard on business television between 14:34:29 - 14:37:29 IST.
- Management emphasised on the con call a target of 11% EBITDA margin for FY27, with an earlier guided path to 12% over the next two years.
- Phase two of the extra high voltage (EHV) cable capacity will come online from March 2027, with full-year impact only reflecting in the following year as ramp-up increases.
- New capacity could add Rs 1,500 crore in revenue at full capacity, staggered over the next couple of years.
- Valuation (P/E for FY27) has compressed from 44 times to 31 times since May 2026, when Ultratech's entry into the cables space was announced; peers like Polycab also saw compression, while RR Kabel largely maintained valuation on guidance increases and Finolex also saw compression.
- Analyst said how the street reads the H2 recovery will be a key trigger for the stock.
Watch at source
behind live
- 1Open on YouTube
- 2Drag the seek bar left
- 3Watch this moment
Also from KEI Industries
Caller Veena holding KEI Industries at average 4840 asked whether to hold or average up amid stock pressure from Ultratech's entry into cable business
23 Oct 2026
KEI Industries stock fell 18% this week after missing Q2 FY27 margin estimates and cutting its FY27 margin guidance
23 Oct 2026
KEI Industries to hold virtual group analyst/investor meeting with Goldman Sachs on 28.10.2026
23 Oct 2026
Source: Live TV News Channel · 22 Oct 2026
Nothing here is a view, opinion or recommendation of ScoutQuest, its parent, directors or employees. ScoutQuest is a technology company: this page was assembled automatically from public sources using artificial intelligence, and may contain errors or omissions. Confirm everything against the original source before you act on it. Any use of this page is at your own risk, and neither ScoutQuest nor its parent, directors or employees accepts liability for it.