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Fundamentals for KEI Industries Limited
Business Operations:
Sector: IndustrialsIndustry: Electrical Equipment & Parts
KEI Industries Limited manufactures, sells, and markets wires and cables in India and internationally. It operates in three segments: Cable & Wires; Engineering, Procurement and Construction; and Stainless Steel Wire. The company offers extra-high voltage, high tension, and low-tension power cables; control and instrumentation cables; specialty, single-core, and multi-core flexible cables; elastomeric/rubber and solar cables; fire survival/resistant cables; flat, EV charging, ESP, and medium voltage covered conductor cables; conflame green + wires; communication and thermocouple cables; and submersible marine and offshore cables, as well as stainless steel, winding, and house wires. It also provides engineering, procurement, and construction solutions in the areas of gas-insulated and air-insulated substations; overhead and underground power transmission and distribution systems; and railway electrification/ substation on a turnkey basis, as well as project management services. The company exports its products to approximately 60 countries. It serves the power, refinery, railway, automobile, cement, steel, fertilizer, textile, real estate, infrastructure, oil and gas, defense, chemical, metal, IT, pharma, manufacturing, renewables, non-metal, data center, consumer durable, government, public, private, and other sectors through dealers and distributors. KEI Industries Limited was founded in 1968 and is headquartered in New Delhi, India.
Revenue projections:
KEI Industries Limited is projected to see a decline in revenue compared to last year, which could lead to investor caution. A drop in earnings is often viewed as a negative signal for profitability, making it more difficult for the company to maintain investor confidence in its financial health.
Financial Ratios:
| currentRatio | 2.96300 |
|---|---|
| forwardPE | 38.12953 |
| debtToEquity | 3.79600 |
| earningsGrowth | 0.25500 |
| revenueGrowth | 0.18700 |
| grossMargins | 0.23479 |
| operatingMargins | 0.10158 |
| trailingEps | 95.88000 |
| forwardEps | 137.97704 |
KEI's current ratio being 2.963 suggests that it has more than enough liquidity to cover short-term debt obligations. The company's cash reserves and current assets are sufficient to meet immediate liabilities, signaling solid financial health and minimal risk.
With positive earnings and revenue growth, KEI is on a path to expand its business. This strong financial performance suggests the company will continue to grow, as increasing profits and revenue highlight a healthy outlook.
KEI's forward EPS being higher than its trailing EPS points to expected growth in profitability. This suggests that the company is projected to perform better in the current financial year, with higher earnings forecasted compared to the previous year.
Price projections:
The price of KEI has repeatedly been close to the lower limit of price projections. This trend suggests that the stock may be underperforming, raising concerns among investors about future performance.
Insider Transactions:
KEI Industries Limited stock was sold in 14 transactions, with market price at 4366.449986049107.No sell transactions occurred in the period under review.Investors have shown more interest in buying than selling KEI at current price levels, which may point to a positive market sentiment. This could indicate that investors are expecting favorable results from the stock in the near future.
Recommendation changes over time:
With analysts showing a buy bias for KEI Industries Limited, investors may be more inclined to see the stock as an attractive investment. The favorable outlook could spur increased interest, positioning KEI Industries Limited as a safe and profitable place for investors to allocate their funds and seek growth.
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