KEI Industries corrects presentation, reports strong H1 FY26 performance

KEI Industries Limited announced a correction to its Investor Presentation dated October 15, 2025, rectifying a clerical error on Page 5. The total number of active dealers for the company as of September 30, 2025, was 2,100, not the previously stated 2,343. This correction was communicated to ensure good corporate governance and transparency.

The company's financial performance for H1 FY26 shows significant growth, with revenue increasing by 22.25% year-over-year. EBITDA margin improved to 11.46% against 10.81% year-over-year, and PAT margin reached 7.51% compared to 7.01% year-over-year. Consolidated net sales for H1 FY26 stood at ₹5316.67 Crore, with EBITDA at ₹609.26 Crore and PAT at ₹399.26 Crore. Dealer/Distribution sales increased by 19.58% year-over-year in H1 FY26, contributing 52.69% of the overall sales.

Despite a decrease in EPC Sale (apart from Cable) by 41.12% year-over-year in Q2 FY26 and SS Wire sales by 10.58% year-over-year in Q2 FY26, the company reported a pending order book of approximately ₹3,824 Crore. As of September 30, 2025, net debt was ₹(1382) Crore, and total Debt/(Cash) was ₹(732) Crore, reflecting a strong cash position. The company also confirmed the availability of an audio recording of the Analysts/Investors Call held on October 16, 2025, for the quarter ended September 30, 2025.