KEI2024-01-012024-03-31 KEI2024-01-012024-03-31 KEI2024-01-012024-03-31in-bse-fin:OneOperatingExpenses01Member KEI2024-01-012024-03-31in-bse-fin:OneOperatingExpenses02Member KEI2024-01-012024-03-31in-bse-fin:FourOperatingExpenses01Member KEI2024-01-012024-03-31in-bse-fin:FourOperatingExpenses02Member KEI2024-03-31 KEI2024-01-012024-03-31in-bse-fin:OneReportableSegmentRevenue01Member KEI2024-01-012024-03-31in-bse-fin:OneReportableSegmentRevenue02Member KEI2024-01-012024-03-31in-bse-fin:OneReportableSegmentRevenue03Member KEI2024-01-012024-03-31in-bse-fin:OneReportableSegmentRevenue04Member KEI2024-01-012024-03-31in-bse-fin:FourReportableSegmentRevenue01Member KEI2024-01-012024-03-31in-bse-fin:FourReportableSegmentRevenue02Member KEI2024-01-012024-03-31in-bse-fin:FourReportableSegmentRevenue03Member KEI2024-01-012024-03-31in-bse-fin:FourReportableSegmentRevenue04Member KEI2024-01-012024-03-31in-bse-fin:OneReportableSegmentResults01Member KEI2024-01-012024-03-31in-bse-fin:OneReportableSegmentResults02Member KEI2024-01-012024-03-31in-bse-fin:OneReportableSegmentResults03Member KEI2024-01-012024-03-31in-bse-fin:OneReportableSegmentResults04Member KEI2024-01-012024-03-31in-bse-fin:FourReportableSegmentResults01Member KEI2024-01-012024-03-31in-bse-fin:FourReportableSegmentResults02Member KEI2024-01-012024-03-31in-bse-fin:FourReportableSegmentResults03Member KEI2024-01-012024-03-31in-bse-fin:FourReportableSegmentResults04Member KEI2024-01-012024-03-31in-bse-fin:OneReportableSegmentAssets01Member KEI2024-01-012024-03-31in-bse-fin:OneReportableSegmentAssets02Member KEI2024-01-012024-03-31in-bse-fin:OneReportableSegmentAssets03Member KEI2024-01-012024-03-31in-bse-fin:OneReportableSegmentAssets04Member KEI2024-01-012024-03-31in-bse-fin:OneReportableSegmentLiabilities01Member KEI2024-03-31in-bse-fin:OneReportableSegmentLiabilities01Member KEI2024-01-012024-03-31in-bse-fin:OneReportableSegmentLiabilities02Member KEI2024-03-31in-bse-fin:OneReportableSegmentLiabilities02Member KEI2024-01-012024-03-31in-bse-fin:OneReportableSegmentLiabilities03Member KEI2024-03-31in-bse-fin:OneReportableSegmentLiabilities03Member KEI2024-01-012024-03-31in-bse-fin:OneReportableSegmentLiabilities04Member KEI2024-03-31in-bse-fin:OneReportableSegmentLiabilities04Member KEI2024-01-012024-03-31in-bse-fin:OneItemsThatWillNotBeReclassifiedToProfitAndLoss01Member KEI2024-01-012024-03-31in-bse-fin:FourItemsThatWillNotBeReclassifiedToProfitAndLoss01Member KEI2024-01-012024-03-31in-bse-fin:OneItemsThatWillBeReclassifiedToProfitAndLoss01Member KEI2024-01-012024-03-31in-bse-fin:FourItemsThatWillBeReclassifiedToProfitAndLoss01Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 517569 KEI NOTLISTED KEI Industries Limited Equity 2023-04-01 2024-03-31 2024-05-02 2024-04-22 INR Millions Yearly 16:00:00 17:35:00 2024-05-02 2024-05-02 true Cash Flow Indirect Declaration of unmodified opinion Multi segment 2024-01-01 2024-03-31 Audited Consolidated 23192750000.00 151580000.00 23344330000.00 16391670000.00 22460000.00 971270000.00 695210000.00 165150000.00 157640000.00 2666480000.00 21069880000.00 2274450000.00 -2050000.00 2272400000.00 563690000.00 22810000.00 586500000.00 0.00 1685900000.00 -1150000.00 0.00 -1150000.00 0.00 1684750000.00 -19620000.00 1665130000.00 1684850000.00 -100000.00 1665390000.00 -260000.00 180480000.00 2 18.68 18.65 -0.01 -0.01 18.67 18.64 0.00 0.00 0.00 1) The above consolidated financial results have been reviewed by the Audit Committee meeting held on May 02, 2024 and thereafter approved by the Board of Directors at their meetings held on May 02, 2024. 2) The consolidated financial results for the financial year ended March 31, 2024 have been audited by the Statutory Auditors of the Company. The Statutory Auditors have expressed an unmodified opinion on the above results. 3) The consolidated financial results include the financial result of the following : - Subsidiary- KEI Cables Australia PTY Limited, Australia (under liquidation) - Associate- KEI Cables SA Pty Limited, South Africa. Financials of Subsidiary and Associate are as certified by the Management. In opinion of the Management financials of Subsidiary and associate are not material to the Group. The financials of Subsidiary have been consolidated upto February 23, 2024 since liquidator has been appointed w.e.f. February 23, 2024 and Holding Company has no control over subsidiary from date of appointment of liquidator. The Liquidation of the Subsidiary will not impact the business operations of the Holding Company. The Subsidiary was not a material subsidiary of the Holding Company. 4) These consolidated 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. The said Financial Results of the Holding Company and its Subsidiary and Associate have been prepared in accordance with Ind AS 110 Consolidated Financial Statements. 5) Exceptional Items (Loss Recognised on Loss of Control of Subsidiary) Particulars Year Ended 31.03.2024 (Rs. in Million) Net Assets of Subsidiary written off 1.35 Non Controlling Interest of Subsidiary Transferred (0.46) FCTR Transferred from OCI Reclassified to Profit & Loss (2.94) Total Loss Recognised on Loss of Control of Subsidiary (2.05) 6) Discontinued operations Upon appointment of liquidator w.e.f. February 23, 2024 for subsidiary company, KEI Cables Australia PTY Limited, Australia, the Holding Company recognised the operations of the subsidiary as discontinued operations as per Ind AS 105 ‘Non Current Assets held for sale and Discontinued Operations. 7) Since carrying value of Investment of KEI Cables SA (PTY) Limited, South Africa, an associate of the Company, is already reduced to Nil in earlier years, no further loss is considered for consolidation under Equity method. 8) The Holding Company declared and paid an interim dividend of Rs. 3.50 per equity share (175%) on March 11,2024, resulting in cash outflow of Rs. 315.85 Million for the financial Year 2023-24. The Board has proposed that this may be treated as final dividend for the financial year 2023-24. 9) During the year, the Share Allotment Committee has allotted 49,000 equity shares upon exercise of equivalent number of stock options, under KEI Employee Stock Option Scheme, 2015 to the eligible employees. 10) The Current Tax for the year ended on March 31, 2024 includes adjustment of excess tax for the earlier years of Rs.16.23 million. 11) The figures of the last quarter are the balancing figures in respect of consolidated financial results between audited figures of the financial year ended on March 31, 2024 and the published year to date figures upto 3rd quarter i.e. December 31, 2023 of the current year, which were subjected to limited review. 12) Previous year / periods figures have been regrouped / reclassified, wherever necessary. Multi segment 2023-04-01 2024-03-31 Audited Consolidated 81040800000.00 490160000.00 81530960000.00 61613710000.00 40360000.00 -880280000.00 2671450000.00 439100000.00 613550000.00 9220190000.00 73718080000.00 7812880000.00 -2050000.00 7810830000.00 1993000000.00 9350000.00 2002350000.00 0.00 5808480000.00 -1150000.00 0.00 -1150000.00 0.00 5807330000.00 -17920000.00 5789410000.00 5807440000.00 -110000.00 5789690000.00 -280000.00 180480000.00 2 31302160000.00 64.38 64.26 -0.01 -0.01 64.37 64.25 0.00 0.00 0.00 Other Expenses 2290480000.00 Sub Contractor Expense for EPC Projects 376000000.00 Other Expenses 8151390000.00 Sub Contractor Expense for EPC Projects 1068800000.00 0.00 5412080000.00 1208870000.00 0.00 0.00 15370000.00 0.00 0.00 0.00 15870000.00 0.00 5450000.00 109750000.00 131070000.00 0.00 2822660000.00 9590050000.00 13427460000.00 0.00 15178730000.00 6660770000.00 342940000.00 21250000.00 265080000.00 22468770000.00 61610000.00 1016610000.00 36974450000.00 0.00 0.00 46564500000.00 180480000.00 31302160000.00 31482640000.00 31482640000.00 0.00 0.00 0.00 0.00 172730000.00 273190000.00 64180000.00 258410000.00 768510000.00 1342300000.00 10079340000.00 2081310000.00 13502950000.00 682910000.00 123710000.00 3780000.00 0.00 14313350000.00 0.00 0.00 15081860000.00 46564500000.00 Segment - Cables & Wires 20690600000.00 Segment-EPC Project 3404590000.00 Segment-Stainless Steel Wire 572020000.00 Unallocated Segment 0.00 Segment - Cables & Wires 73206990000.00 Segment-EPC Project 12151080000.00 Segment-Stainless Steel Wire 2206370000.00 Unallocated Segment 0.00 24667210000.00 87564440000.00 1474460000.00 6523640000.00 23192750000.00 81040800000.00 Segment - Cables & Wires 2257540000.00 Segment-EPC Project 421590000.00 Segment-Stainless Steel Wire 13090000.00 Unallocated Segment 0.00 Segment - Cables & Wires 7570110000.00 Segment-EPC Project 1430930000.00 Segment-Stainless Steel Wire 116520000.00 Unallocated Segment 0.00 2692220000.00 9117560000.00 165150000.00 439100000.00 252620000.00 865580000.00 2274450000.00 7812880000.00 Segment - Cables & Wires 31384690000.00 Segment-EPC Project 6789500000.00 Segment-Stainless Steel Wire 928080000.00 Unallocated Segment 7462230000.00 46564500000.00 0.00 46564500000.00 Segment - Cables & Wires 12036240000.00 Segment-EPC Project 1507180000.00 Segment-Stainless Steel Wire 139080000.00 Unallocated Segment 1399360000.00 15081860000.00 0.00 15081860000.00 0.00 -2404550000.00 -1336200000.00 0.00 0.00 0.00 -3760000.00 -90260000.00 0.00 2597770000.00 0.00 553790000.00 -5410000.00 613550000.00 0.00 6030000.00 23940000.00 0.00 0.00 -1550000.00 0.00 0.00 102990000.00 -320000.00 0.00 0.00 910000.00 56280000.00 0.00 113210000.00 7924040000.00 -60000.00 -439100000.00 -212620000.00 2045430000.00 0.00 6105030000.00 0.00 0.00 2590000.00 0.00 0.00 0.00 0.00 0.00 4620000.00 2553840000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 5980000.00 0.00 0.00 0.00 1445090000.00 0.00 0.00 0.00 0.00 60000.00 208950000.00 0.00 262650000.00 0.00 -3526040000.00 0.00 0.00 0.00 0.00 0.00 0.00 11030000.00 0.00 376200000.00 385250000.00 0.00 0.00 280520000.00 439100000.00 0.00 0.00 -717640000.00 1861350000.00 460000.00 1861810000.00 4798960000.00 6660770000.00 Item not to be reclassified to profit & Loss -24490000.00 Item not to be reclassified to profit & Loss -20510000.00 -24490000.00 -20510000.00 -6610000.00 -4370000.00 Items to be reclassified to Profit & Loss 0.00 Items to be reclassified to Profit & Loss 10000.00 0.00 10000.00 1740000.00 1790000.00