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-Apr-2024
Date of end of financial year	31-Mar-2025
Date of board meeting when results were approved	06-May-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange	17-Apr-2025
Description of presentation currency	INR (in Actuals)
Reporting Type	Quarterly
Reporting Quarter	Fourth quarter
Nature of report standalone or consolidated	Standalone
Whether results are audited or unaudited for the quarter ended	Audited
Whether results are audited or unaudited for the Year to date for current period ended/year ended	Audited
Segment Reporting	Multi segment
Description of single segment
Start date and time of board meeting	06-May-2025   15:30:00
End date and time of board meeting	06-May-2025   17:15:00
Whether cash flow statement is applicable on company	Yes
Type of cash flow statement	Cash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualification	Declaration of unmodified opinion
Whether the company has any related party?	Yes
Whether the company has entered into any Related Party transaction during the selected half year for which it wants to submit disclosure?	Yes
(I) We declare that the acceptance of fixed deposits by the bans/Non-Banking Finance Company are at the terms uniformly applicable/offered to all shareholders/public	NA
(II) We declare that the scheduled commercial bank, as per RBI circular RBI/DBR/2015-16/19 dated March 03, 2016, has allowed additional interest of one per cent per annum, over and above the rate of interest mentioned in the schedule of interest rates on savings or a term deposits of banks staff and their exclusive associations as well as on deposits of Chairman, Chairman & Managing Director, Executive Director or such other Executives appointed for a fixed tenure.	NA
Whether the company is a high value debt listed entity according to regulation 15 (1A)?	No
(a) If answer to above question is Yes, whether complying with proviso to regulation 23 (9), i.e., submitting RPT disclosures on the day of results publication?
(b) If answer to above question is No, please explain the reason for not complying.
Whether the updated Related Party Transactions (RPT) Policy (in compliance with Reg. 23 of SEBI LODR) has been uploaded on the website of the Company?	Yes
Latest Date on which RPT policy is updated	2025-01-21
Indicate Company website link for updated RPT policy of the Company	https://www.kei-ind.com/investor-relations/disclosure-policies/policies-and-codes/
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
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-Jan-2025	01-Apr-2024
B	Date of end of reporting period	31-Mar-2025	31-Mar-2025
C	Whether results are audited or unaudited	Audited	Audited
D	Nature of report standalone or consolidated	Standalone	Standalone
Part I	Blue color marked fields are non-mandatory. For Consolidated Results, if the company has no figures for 3 months / 6 months ended, in such case zero shall be inserted in the said column.
1	Income
	Revenue from operations	29147880000	97358770000
	Other income	371000000	717950000
	Total income	29518880000	98076720000
2	Expenses
(a)	Cost of materials consumed	21967000000	77879370000
(b)	Purchases of stock-in-trade	5800000	44510000
(c)	Changes in inventories of finished goods, work-in-progress and stock-in-trade	277030000	-4305180000
(d)	Employee benefit expense	821050000	3042850000
(e)	Finance costs	138850000	556480000
(f)	Depreciation, depletion and amortisation expense	193300000	701400000
(f)	Other Expenses
1	Sub Contractor expense for EPC projects	237600000	1147520000
2	Other Expenses	2826650000	9640070000
	Total other expenses	3064250000	10787590000
	Total expenses	26467280000	88707020000
3	Total profit before exceptional items and tax	3051600000	9369700000
4	Exceptional items	0	0
5	Total profit before tax	3051600000	9369700000
6	Tax expense
7	Current tax	733810000	2310690000
8	Deferred tax	52310000	94870000
9	Total tax expenses	786120000	2405560000
10	Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement	0	0
11	Net Profit Loss for the period from continuing operations	2265480000	6964140000
12	Profit (loss) from discontinued operations before tax	0	0
13	Tax expense of discontinued operations	0	0
14	Net profit (loss) from discontinued operation after tax	0	0
15	Share of profit (loss) of associates and joint ventures accounted for using equity method	0	0
16	Total profit (loss) for period	2265480000	6964140000
17	Other comprehensive income net of taxes	-36300000	-32840000
18	Total Comprehensive Income for the period	2229180000	6931300000
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	191110000	191110000
	Face value of equity share capital	2	2
27	Details of debt securities
22	Reserves excluding revaluation reserve		57666390000
23	Earnings per share
i	Earnings per equity share for continuing operations
	Basic earnings (loss) per share from continuing operations	23.71	75.65
	Diluted earnings (loss) per share from continuing operations	23.69	75.55
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	23.71	75.65
	Diluted earnings (loss) per share from continuing and discontinued operations	23.69	75.55
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		1. The above standalone financial results have been reviewed by the Audit Committee meeting held on May 06, 2025 and thereafter approved by the Board of Directors at their meetings held on May 06, 2025. n2. The financial results for the financial year ended March 31, 2025 have been audited by the Statutory Auditors of the Company. The Statutory Auditors have expressed an unmodified opinion on these results. n3. 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. n'4. During the year, the Subsidiary Company i.e. KEI Cables Australia PTY Limited, has been Liquidated on June 17, 2024 and deregistered w.e.f. September 18, 2024 with Australian Securities & Investments Commission (ASIC).The Liquidation of the Subsidiary will not impact the business operations of the Company. The Subsidiary was not a material subsidiary of the Company. n5. The Company declared and paid an interim dividend of Rs. 4.00 per equity share (200%) on January 21, 2025, resulting in cash outflow of Rs. 382.21 Million for the Financial Year 2024-25. The Board has proposed that this may be treated as final dividend for the Financial Year 2024-25. n6. During the year, the Share Allotment Committee of the Board has allotted 48,000 equity shares upon exercise of equivalent number of stock options, under KEI Employee Stock Option Scheme, 2015 to the eligible employees. n7. On November 28, 2024, the Company has approved issue and allotment of 52,63,157 fully paid-up equity shares of the Company to eligible Qualified Institutional Buyers in accordance with SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018 at an issue price of Rs. 3800 per share (including securities premium of Rs. 3,798 per share) for a consideration of Rs. 20,000 million. Pursuant to the allotment of these shares the paid-up equity share capital of the Company increased from Rs.180.58 Million comprising of 9,02,89,438 fully paid up equity shares to Rs. 191.11 Million comprising of 9,55,52,595 fully paid-up equity shares. Expenses related to QIP Issue amounted to Rs. 343.67 Millions. The Net proceeds of the QIP aggregating to Rs. 19,656.33 Millions have been/will be utilised as per objects of the Issue such as for setting up a cable manufacturing facility at Sanand, Ahmedabad, repayment/ prepayment of debts and general corporate purposes. n8. The Current Tax for the year ended on March 31, 2025 includes earlier years taxes amounting to Rs. 16.41 Million. Deferred Tax for the year ended March 31, 2025 is net of Deferred Tax Asset of earlier years amounting to Rs. 17.24 Million. n9. The figures of the last quarter are the balancing figures in respect of standalone financial results between audited figures of the financial year ended on March 31, 2025 and the published year to date figures upto 3rd quarter i.e. December 31, 2024 of the current year, which were subjected to limited review. n10. Previous year / periods figures have been regrouped / reclassified, wherever necessary. n11. 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

Statement of Asset and Liabilities
Particulars		Year ended (dd-mm-yyyy)
Date of start of reporting period		01-Apr-2024
Date of end of reporting period		31-Mar-2025
Whether results are audited or unaudited		Audited
Nature of report standalone or consolidated		Standalone
	Assets
1	Non-current assets
	Property, plant and equipment	7557200000
	Capital work-in-progress	3854700000
	Investment property
	Goodwill	0
	Other intangible assets	10550000
	Intangible assets under development	0
	Biological assets other than bearer plants	0
	Investments accounted for using equity method	0
	Non-current financial assets
	Non-current investments	17180000
	Trade receivables, non-current	0
	Loans, non-current	8340000
	Other non-current financial assets	128540000
	Total non-current financial assets	154060000
	Deferred tax assets (net)	0
	Other non-current assets	4423580000
	Total non-current assets	16000090000
2	Current assets
	Inventories	17303260000
	Current financial asset
	Current investments	0
	Trade receivables, current	17972490000
	Cash and cash equivalents	10517410000
	Bank balance other than cash and cash equivalents	8635490000
	Loans, current	18160000
	Other current financial assets	419620000
	Total current financial assets	37563170000
	Current tax assets (net)	25280000
	Other current assets	1454230000
	Total current assets	56345940000
3	Non-current assets classified as held for sale	0
4	Regulatory deferral account debit balances and related deferred tax Assets	0
	Total assets	72346030000
	Equity and liabilities
1	Equity
	Equity attributable to owners of parent
	Equity share capital	191110000
	Other equity	57666390000
	Total equity attributable to owners of parent	57857500000
	Non controlling interest
	Total equity	57857500000
2	Liabilities
	Non-current liabilities
	Non-current financial liabilities
	Borrowings, non-current	0
	Trade payables, non-current
	(A) Total outstanding dues of micro enterprises and small enterprises	0
	(B) Total outstanding dues of creditors other than micro enterprises and small enterprises	0
	Total Trade payable	0
	Other non-current financial liabilities	308270000
	Total non-current financial liabilities	308270000
	Provisions, non-current	204010000
	Deferred tax liabilities (net)	303880000
	Deferred government grants, Non-current	0
	Other non-current liabilities	192230000
	Total non-current liabilities	1008390000
	Current liabilities
	Current financial liabilities
	Borrowings, current	1783250000
	Trade payables, current
	(A) Total outstanding dues of micro enterprises and small enterprises	445300000
	(B) Total outstanding dues of creditors other than micro enterprises and small enterprises	7346210000
	Total Trade payable	7791510000
	Other current financial liabilities	2959280000
	Total current financial liabilities	12534040000
	Other current liabilities	751160000
	Provisions, current	178120000
	Current tax liabilities (Net)	16820000
	Deferred government grants, Current	0
	Total current liabilities	13480140000
3	Liabilities directly associated with assets in disposal group classified as held for sale	0
4	Regulatory deferral account credit balances and related deferred tax liability	0
	Total liabilities	14488530000
	Total equity and liabilites	72346030000
	Disclosure of notes on assets and liabilities

Format for Reporting Segmenet wise Revenue, Results and Capital Employed along with the company results
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-Jan-2025	01-Apr-2024
Date of end of reporting period		31-Mar-2025	31-Mar-2025
Whether accounts are audited or unaudited		Audited	Audited
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	27967610000	91769630000
2	Segment- Stainless Steel Wire	461550000	2159310000
3	Segment- EPC Projects	2233990000	6562390000
4	Unallocated Segment	0	0
	Total Segment Revenue	30663150000	100491330000
	Less: Inter segment revenue	1515270000	1515270000
	Revenue from operations	29147880000	97358770000
2	Segment Result
	Profit (+) / Loss (-) before tax and interest from each segment
1	Segment- Cables & Wires	3068520000	9748740000
2	Segment- Stainless Steel Wire	25010000	94400000
3	Segment- EPC Projects	170130000	607730000
4	Unallocated Segment	0	0
	Total Profit before tax	3263660000	10450870000
	i. Finance cost	138850000	138850000
	ii. Other Unallocable Expenditure net off Unallocable income	73210000	73210000
	Profit before tax	3051600000	9369700000
3	(Segment Asset - Segment Liabilities)
	Segment Asset
1	Segment- Cables & Wires	46378080000	46378080000
2	Segment- Stainless Steel Wire	929210000	929210000
3	Segment- EPC Projects	5224230000	5224230000
4	Unallocated Segment	19814510000	19814510000
	Total Segment Asset	72346030000	72346030000
	Un-allocable Assets	0	0
	Net Segment Asset	72346030000	72346030000
4	Segment Liabilities
	Segment Liabilities
1	Segment- Cables & Wires	11979720000	11979720000
2	Segment- Stainless Steel Wire	160200000	160200000
3	Segment- EPC Projects	951500000	951500000
4	Unallocated Segment	1397110000	1397110000
	Total Segment Liabilities	14488530000	14488530000
	Un-allocable Liabilities	0	0
	Net Segment Liabilities	14488530000	14488530000
	Disclosure of notes on segments

Other Comprehensive Income
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-Jan-2025	01-Apr-2024
B	Date of end of reporting period	31-Mar-2025	31-Mar-2025
C	Whether results are audited or unaudited	Audited	Audited
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	-39650000	-38140000
	Total Amount of items that will not be reclassified to profit and loss	-39650000	-38140000
2	Income tax relating to items that will not be reclassified to profit or loss	-3350000	-5300000
3	Amount of items that will be reclassified to profit and loss
1	Items to be reclassified to Profit & Loss	0	0
	Total Amount of items that will be reclassified to profit and loss	0	0
4	Income tax relating to items that will be reclassified to profit or loss	0	0
5	Total Other comprehensive income	-36300000	-32840000

Cash flow statement, indirect
Particulars				Year ended (dd-mm-yyyy)
A	Date of start of reporting period			2024-04-01
B	Date of end of reporting period			2025-03-31
C	Whether results are audited or unaudited			Audited
D	Nature of report standalone or consolidated			Standalone
Part I	Blue color marked fields are non-mandatory.
	Statement of cash flows
	Cash flows from used in operating activities
	Profit before tax			9369700000
	Adjustments for reconcile profit (loss)
	Adjustments for finance costs			0
	Adjustments for decrease (increase) in inventories			-3875800000
	Adjustments for decrease (increase) in trade receivables, current			-2778670000
	Adjustments for decrease (increase) in trade receivables, non-current			0
	Adjustments for decrease (increase) in other current assets			0
	Adjustments for decrease (increase) in other non-current assets			0
	Adjustments for other financial assets, non-current			-3530000
	Adjustments for other financial assets, current			-279550000
	Adjustments for other bank balances			0
	Adjustments for increase (decrease) in trade payables, current			-2287880000
	Adjustments for increase (decrease) in trade payables, non-current			0
	Adjustments for increase (decrease) in other current liabilities			927250000
	Adjustments for increase (decrease) in other non-current liabilities			71120000
	Adjustments for depreciation and amortisation expense			701400000
	Adjustments for impairment loss reversal of impairment loss recognised in profit or loss			0
	Adjustments for provisions, current			0
	Adjustments for provisions, non-current			0
	Adjustments for other financial liabilities, current			0
	Adjustments for other financial liabilities, non-current			0
	Adjustments for unrealised foreign exchange losses gains			7540000
	Adjustments for dividend income			0
	Adjustments for interest income			0
	Adjustments for share-based payments			48360000
	Adjustments for fair value losses (gains)			-500000
	Adjustments for undistributed profits of associates			0
	Other adjustments for which cash effects are investing or financing cash flow			0
	Other adjustments to reconcile profit (loss)			0
	Other adjustments for non-cash items			2430000
	Share of profit and loss from partnership firm or association of persons or limited liability partnerships			0
	Total adjustments for reconcile profit (loss)			-7467830000
	Net cash flows from (used in) operations			1901870000
	Dividends received			-80000
	Interest paid			-556480000
	Interest received			-519070000
	Income taxes paid (refund)			2261330000
	Other inflows (outflows) of cash			0
	Net cash flows from (used in) operating activities			-322130000
	Cash flows from used in investing activities
	Cash flows from losing control of subsidiaries or other businesses			0
	Cash flows used in obtaining control of subsidiaries or other businesses			0
	Other cash receipts from sales of equity or debt instruments of other entities			0
	Other cash payments to acquire equity or debt instruments of other entities			0
	Other cash receipts from sales of interests in joint ventures			0
	Other cash payments to acquire interests in joint ventures			0
	Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships			0
	Cash payment for investment in partnership firm or association of persons or limited liability partnerships			0
	Proceeds from sales of property, plant and equipment			34130000
	Purchase of property, plant and equipment			6912160000
	Proceeds from sales of investment property			0
	Purchase of investment property			0
	Proceeds from sales of intangible assets			0
	Purchase of intangible assets			770000
	Proceeds from sales of intangible assets under development			0
	Purchase of intangible assets under development			0
	Proceeds from sales of goodwill			0
	Purchase of goodwill			0
	Proceeds from biological assets other than bearer plants			0
	Purchase of biological assets other than bearer plants			0
	Proceeds from government grants			0
	Proceeds from sales of other long-term assets			0
	Purchase of other long-term assets			63700000
	Cash advances and loans made to other parties			0
	Cash receipts from repayment of advances and loans made to other parties			0
	Cash payments for future contracts, forward contracts, option contracts and swap contracts			0
	Cash receipts from future contracts, forward contracts, option contracts and swap contracts			0
	Dividends received			80000
	Interest received			264180000
	Income taxes paid (refund)			0
	Other inflows (outflows) of cash			-8328930000
	Net cash flows from (used in) investing activities	-15007170000
	Cash flows from used in financing activities
	Proceeds from changes in ownership interests in subsidiaries			0
	Payments from changes in ownership interests in subsidiaries			0
	Proceeds from issuing shares			20000000000
	Proceeds from issuing other equity instruments			0
	Payments to acquire or redeem entity's shares			0
	Payments of other equity instruments			0
	Proceeds from exercise of stock options			10800000
	Proceeds from issuing debentures notes bonds etc			0
	Proceeds from borrowings			1950830000
	Repayments of borrowings			1509880000
	Payments of lease liabilities			0
	Dividends paid			417640000
	Interest paid			556480000
	Income taxes paid (refund)			0
	Other inflows (outflows) of cash			-292270000
	Net cash flows from (used in) financing activities			19185360000
	Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes			3856060000
	Effect of exchange rate changes on cash and cash equivalents
	Effect of exchange rate changes on cash and cash equivalents			580000
	Net increase (decrease) in cash and cash equivalents			3856640000
	Cash and cash equivalents cash flow statement at beginning of period			6660770000
	Cash and cash equivalents cash flow statement at end of period			10517410000

Signatory Details
Name of signatory	RAJEEV GUPTA
Designation of person	Chief Financial Officer
Place	NEW DELHI
Date	06-May-2025