KEI Industries517569Cables and wires
KEI Industries reported mixed Q2 results with EBITDA margins missing estimates
By ScoutQuest · · 1 min read
- EBITDA margin
- 10 percent
- EBITDA margin estimate
- 11.5 percent
- Cables and wires margin
- 11.3 percent
- Prior quarter cables margin
- 13.6 percent
- Gross margin
- 21.8 percent
Heard on business television between 08:27:38 - 08:30:38 IST.
- EBITDA margins came in at 10% versus street estimate of 11.5%, dragged by cables and wires segment.
- Cables and wires margins fell to 11.3% from 13.6% in the previous quarter.
- Gross margins fell nearly 150 bps to 21.8%, the lowest since FY13, as the company could not fully pass on raw material cost inflation.
- PAT was largely in line with street estimates.
- Compared to Polycab, KEI's cable and wire revenue growth of 40% and margins of 11.3% lagged Polycab's 47% growth and 14.2% margins.
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.