Integrated Filing — IndAS



General information about company

Scrip Code 517569
NSE Symbol KEI
MSEI Symbol NOTLISTED
ISIN INE878B01027
Name of company KEI INDUSTRIES LIMITED
Type of company Main Board
Class of security Equity
Date of start of financial year 01-04-2025
Date of end of financial year 31-03-2026
Date of board meeting when results were approved 21-01-2026
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 13-01-2026
Description of presentation currency INR
Level of rounding used in financial results Lakhs
Reporting Type Quarterly
Reporting Quarter Third quarter
Nature of report standalone or consolidated Standalone
Whether results are audited or unaudited for the quarter ended Unaudited
Whether results are audited or unaudited for the Year to date for current period ended/year ended Unaudited
Segment Reporting Multi segment
Description of single segment
Start date and time of board meeting 21-01-2026   15:15:00
End date and time of board meeting 21-01-2026   17:15:00
Whether cash flow statement is applicable on company
Type of cash flow statement
Declaration of unmodified opinion or statement on impact of audit qualification Not applicable
Whether statement on deviation or variation for proceeds of public issue, rights issue, preferential issue, qualified institutions placement etc. is applicable to the company for the current quarter? Yes
No. of times funds raised during the quarter 1
Whether the disclosure for the Default on Loans and Debt Securities is applicable to the entity? No
Not Applicable



Financial Results Ind-AS

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-10-2025 01-04-2025
B Date of end of reporting period 31-12-2025 31-12-2025
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Standalone Standalone
1 Income
Revenue from operations 2,95,470.40 8,27,136.90
Other income 3,380.50 11,570.40
Total income 2,98,850.90 8,38,707.30
2 Expenses
(a) Cost of materials consumed 2,28,368.80 6,57,068.40
(b) Purchases of stock-in-trade 40.10 2,267.30
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade (6,179.60) (32,514.50)
(d) Employee benefit expense 9,956.60 27,087.30
(e) Finance costs 1,663.10 4,529.10
(f) Depreciation, depletion and amortisation expense 2,259.70 6,268.60
(f) Other Expenses
1 Sub Contractor expense for EPC projects 1,719.20 5,184.20
2 Other expenses 29,556.00 83,299.30
Total other expenses 31,275.20 88,483.50
Total expenses 2,67,383.90 7,53,189.70
3 Total profit before exceptional items and tax 31,467.00 85,517.60
4 Exceptional items 0.00 0.00
5 Total profit before tax 31,467.00 85,517.60
6 Tax expense
7 Current tax 7,615.40 21,689.20
8 Deferred tax 365.50 416.30
9 Total tax expenses 7,980.90 22,105.50
10 Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement 0.00 0.00
11 Net Profit Loss for the period from continuing operations 23,486.10 63,412.10
12 Profit (loss) from discontinued operations before tax 0.00 0.00
13 Tax expense of discontinued operations 0.00 0.00
14 Net profit (loss) from discontinued operation after tax 0.00 0.00
15 Share of profit (loss) of associates and joint ventures accounted for using equity method 0.00 0.00
16 Total profit (loss) for period 23,486.10 63,412.10
17 Other comprehensive income net of taxes (368.60) (359.90)
18 Total Comprehensive Income for the period 23,117.50 63,052.20
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent
Total profit or loss, attributable to non-controlling interests
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent
Total comprehensive income for the period attributable to owners of parent non-controlling interests
21 Details of equity share capital
Paid-up equity share capital 1,912.00 1,912.00
Face value of equity share capital 2 2
27 Details of debt securities
22 Reserves excluding revaluation reserve
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations 24.57 66.35
Diluted earnings (loss) per share from continuing operations 24.55 66.3
ii Earnings per equity share for discontinued operations
Basic earnings (loss) per share from discontinued operations 0 0
Diluted earnings (loss) per share from discontinued operations 0 0
ii Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations 24.57 66.35
Diluted earnings (loss) per share from continuing and discontinued operations 24.55 66.3
24 Debt equity ratio 0 0
25 Debt service coverage ratio 0 0
26 Interest service coverage ratio 0 0
27 Disclosure of notes on financial results Textual Information(1)



Disclosure of notes on financial results

Textual Information(1) Notes: 1. The above standalone financial results have been reviewed by the Audit Committee meeting held on January 21, 2026 and thereafter approved by the Board of Directors at their meeting held on January 21, 2026. 2. The Statutory Auditors have carried out Limited Review of the financial results of the Company for the quarter and nine months ended on December 31, 2025 under Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The Statutory Auditors have expressed an unmodified opinion on these results. 3. These standalone financial results have been prepared in accordance with the Companies (Indian Accounting Standard) Rules, 2015 (Ind AS) prescribed under Section 133 of the Companies Act, 2013 and other recognized accounting practices and policies to the extent applicable. 4. On November 28, 2024, the Company raised funds through QIP aggregating to Rs. 20,000 Million. The Net proceeds of the QIP aggregating to Rs. 19,656.33 Millions (net-off QIP Expenses Rs. 343.67 Millions) have been/will be utilised as per objects of the Issue. As at 31 December, 2025, the unutilised amount of Rs. 6157.72 Million has been invested/maintained in the form of bank deposits with scheduled banks, and ` 22.17 Million has been kept in the QIP Monitoring Account. 5. The Board of Directors at its meeting held on January 21, 2026 has declared an interim dividend of Rs. 4.50 per equity share (i.e. 225% of face value of Rs. 2/-). '6. The Board of Directors has approved voluntary delisting of the Company's Equity Shares from The Calcutta Stock Exchange Limited (CSE), pursuant to Regulations 5 and 6 of the SEBI (Delisting of Equity Shares) Regulations, 2021. The Equity Shares of the Company will continue to remain listed on the NSE and BSE, providing nationwide trading facilities. Since, the CSE does not have any active platform for trading in Equity Shares, the Shareholders of the Company are not affected in any manner from CSE delisting. 7. The Current Tax for the nine months ended December 31, 2025 includes earlier years taxes amounting to ` 13.87 Million. The Deferred Tax for the nine months ended December 31, 2025 is net of Deferred Tax Asset of earlier years amounting to Rs. 5.14 Million. 8. During the Quarter and nine months ended on December 31, 2025, Company has started First Phase of Commercial Production for LT/HT Cables at its Green field unit located at Sanand, Ahmedabad (Gujarat)-382170. 9. The Government of India has consolidated 29 existing labour legislations into a unified framework comprising four Labour Codes, viz. Code on Wages, 2019, Code on Social Security, 2020, Industrial Relations Code, 2020 and Occupational Safety, Health and Working Conditions Code 2020 (collectively referred to as the 'New Labour Codes'.) These Codes have been made effective from November 21, 2025. The Government is in the process of notifying related rules to the New Labour Codes and impact of these will be evaluated and accounted for in accordance with applicable accounting standards in the period in which they are notified. Based on the management's assessment and actuarial valuation, the Company has estimated the financial implications thereof and has made additional provision of Rs. 98.01 Million towards gratuity liability and Rs.18.06 Million towards compensated absences liability. It has been disclosed under “Employee Benefit Expenses” in the standalone financial results for the quarter and nine months ended December 31, 2025 . 10. Previous year / periods figures have been regrouped / reclassified, wherever necessary. 11. The above financial results of the Company are available on the Company's website www.kei-ind.com and also at www.bseindia.com and www.nseindia.com.



Remarks

Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio


Format for Reporting Segment wise Revenue, Results and Capital Employed along with the company results

Amount in (Lakhs)

Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period 01-10-2025 01-04-2025
Date of end of reporting period 31-12-2025 31-12-2025
Whether results are audited or unaudited Unaudited Unaudited
Nature of report standalone or consolidated Standalone Standalone
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
1 Segment- Cables & Wires 2,82,080.20 7,92,353.40
2 Segment- Stainless Steel Wire 5,445.00 16,045.10
3 Segment- EPC Projects 13,741.30 33,817.00
4 Unallocated Segment 0.00 0.00
Total Segment Revenue 3,01,266.50 8,42,215.50
Less: Inter segment revenue 5,796.10 15,078.60
Revenue from operations 2,95,470.40 8,27,136.90
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
1 Segment- Cables & Wires 33,734.40 89,092.70
2 Segment- Stainless Steel Wire 350.00 1,215.30
3 Segment- EPC Projects 169.20 1,473.30
4 Unallocated Segment 0.00 0.00
Total Profit before tax 34,253.60 91,781.30
i. Finance cost 1,663.10 4,529.10
ii. Other Unallocable Expenditure net off Unallocable income 1,123.50 1,734.60
Profit before tax 31,467.00 85,517.60
3 (Segment Asset - Segment Liabilities)
Segment Asset
1 Segment- Cables & Wires 6,26,225.90 6,26,225.90
2 Segment- Stainless Steel Wire 9,224.00 9,224.00
3 Segment- EPC Projects 52,904.80 52,904.80
4 Unallocated Segment 1,48,385.50 1,48,385.50
Total Segment Asset 8,36,740.20 8,36,740.20
Un-allocable Assets 0.00 0.00
Net Segment Asset 8,36,740.20 8,36,740.20
4 Segment Liabilities
Segment Liabilities
1 Segment- Cables & Wires 1,39,164.40 1,39,164.40
2 Segment- Stainless Steel Wire 2,182.50 2,182.50
3 Segment- EPC Projects 7,859.70 7,859.70
4 Unallocated Segment 45,569.90 45,569.90
Total Segment Liabilities 1,94,776.50 1,94,776.50
Un-allocable Liabilities 0.00 0.00
Net Segment Liabilities 1,94,776.50 1,94,776.50
Disclosure of notes on segments



Other Comprehensive Income

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-10-2025 01-04-2025
B Date of end of reporting period 31-12-2025 31-12-2025
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Standalone Standalone
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
1 Items not to be reclassified to Profit & Loss (360.60) (350.40)
Total Amount of items that will not be reclassified to profit and loss (360.60) (350.40)
2 Income tax relating to items that will not be reclassified to profit or loss 8.00 9.50
3 Amount of items that will be reclassified to profit and loss
1 Items to be reclassified to profit & loss 0.00 0.00
Total Amount of items that will be reclassified to profit and loss 0.00 0.00
4 Income tax relating to items that will be reclassified to profit or loss 0.00 0.00
5 Total Other comprehensive income (368.60) (359.90)





Statement on Deviation or Variation for proceeds of Public Issue, Rights Issue, Preferential Issue, Qualified Institutions Placement Etc. (1)

Amount in (Lakhs)

Mode of Fund Raising QIP
Description of mode of fund raising (Applicable in case of others is selected)
Date of Raising Funds 28-11-2024
Amount Raised 2,00,000.00
Report filed for Quarter ended 31-12-2025
Monitoring Agency Applicable
Monitoring Agency Name, if applicable CARE Ratings Limited
Is there a Deviation / Variation in use of funds raised No
If yes, whether the same is pursuant to change in terms of a contract or objects, which was approved by the shareholders
If Yes, Date of shareholder Approval
Explanation for the Deviation / Variation
Comments of the Audit Committee after review No Comment
Comments of the auditors, if any No Comment
Sr. Original Object Modified Object, if any Original Allocation Modified allocation, if any Funds Utilised Amount of Deviation/Variation for the quarter according to applicable object Remarks if any
1 Partial funding for setting up a cable manufacturing facility at Sanand, Ahmedabad, Gujarat Not Applicable 1,45,000.00 0.00 89,509.20 0.00
2 Repayment/pre-payment, in part or in full, of certain outstanding borrowings availed by the Company Not Applicable 27,598.90 0.00 27,598.90 0.00
3 General Corporate Purpose Not Applicable 23,964.40 0.00 23,518.60 0.00


Signatory Details

Name of signatory RAJEEV GUPTA
Designation of person Chief Financial Officer
Place NEW DELHI
Date 21-01-2026