KEI Industries Limited — PPTs, 21-01-2025: Investor Presentation

**Financial Highlights:**

In Q3 FY 25, KEI Industries posted revenue of ₹2,467 Cr, reflecting a 19.81% year-over-year increase. EBITDA reached ₹254 Cr, translating to a margin of 10.31%, while PAT stood at ₹164.81 Cr with a margin of 6.68%. For the first nine months of FY 25, revenue totaled ₹6,807 Cr, up 17.68% from the same period last year, with an EBITDA of ₹724.38 Cr and PAT at ₹469.87 Cr, indicating margins of 10.64% and 6.90%, respectively.

**Strategic Initiatives and Growth Drivers:**

Domestic institutional wire and cable sales surged to ₹809 Cr in Q3, up from ₹556 Cr year-over-year, whereas EHV cable sales decreased to ₹41 Cr from ₹184 Cr. The overall institutional cable sales, including exports, rose approximately 18.22% YoY in Q3. The sales through dealer/distribution channels also saw a robust demand increase of 31.35% YoY, now contributing about 50.55% to total sales.

**Business Developments:**

Pending orders stand at approximately ₹3,871 Cr, providing a solid future revenue pipeline. The company has expanded its dealer network, boasting around 2,060 active dealers by year-end.

**Market Position and Competitive Advantage:**

KEI maintains a strong market presence, particularly in domestic wiring solutions, highlighted by substantial sales growth in dealer/distribution channels, which reflects the company's increasing market penetration.

**Investor Implications:**

Overall, KEI Industries’ positive performance, robust order book, and strong dealer sales suggest a favorable outlook for future growth. Investors should watch this trend closely, as ongoing improvements in sales and profitability metrics may enhance shareholder value in the long term.