KEI Industries reports strong growth, robust order book, and strategic expansion

KEI Industries Limited reported a robust order book of INR 38,448 Mn as of September 30, 2025. The company projects FY25 revenue at INR 97,359 Mn and EBITDA at INR 10,628 Mn, reflecting a 10.92% margin. This follows a strong performance with three-year CAGRs of 19% for revenue and 23% for PAT. The company's diverse product portfolio and strategic forward integration into EPC services continue to drive growth.

In H1 FY26, KEI Industries achieved a revenue of INR 53,167 Mn, a 22.25% year-over-year increase. EBITDA for the same period was INR 6,093 Mn (11.46% margin), up 29.65% YoY, and PAT stood at INR 3,993 Mn (7.51% margin), marking a 30.88% YoY rise. Exports accounted for 13% of sales in FY25 and 16% in H1 FY26, providing a natural hedge against forex fluctuations.

The company maintains a strong retail presence with 27 depots and 38 marketing offices across India, UAE, South Africa, Nepal, and Gambia. Operational highlights include eight manufacturing plants, over 2,050 employees, and a strong R&D facility with NABL accreditation, underpinning its commitment to new product development and customized solutions.