Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.
Financials of KEI Industries Ltd
Quarter-by-quarter operating performance
| Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 1,953 | 1,783 | 1,945 | 2,059 | 2,330 | 2,065 | 2,284 | 2,472 | 2,915 | 2,590 | 2,726 | 2,955 | 3,476 |
| Expenses + | 1,751 | 1,604 | 1,743 | 1,845 | 2,075 | 1,846 | 2,059 | 2,226 | 2,614 | 2,332 | 2,457 | 2,635 | 3,095 |
| Operating Profit | 202 | 178 | 202 | 215 | 255 | 219 | 225 | 246 | 301 | 258 | 269 | 320 | 382 |
| OPM % | 10% | 10% | 10% | 10% | 11% | 11% | 10% | 10% | 10% | 10% | 10% | 11% | 11% |
| Other Income + | 7 | 8 | 9 | 14 | 4 | 13 | 13 | 9 | 37 | 40 | 42 | 34 | 43 |
| Interest | 10 | 9 | 8 | 11 | 17 | 14 | 13 | 14 | 14 | 14 | 14 | 17 | 19 |
| Depreciation | 14 | 15 | 16 | 15 | 16 | 16 | 16 | 19 | 19 | 20 | 20 | 23 | 28 |
| Profit before tax | 184 | 163 | 188 | 202 | 227 | 203 | 208 | 221 | 305 | 263 | 277 | 315 | 377 |
| Tax % | 25% | 26% | 26% | 26% | 26% | 26% | 26% | 26% | 26% | 26% | 27% | 25% | 25% |
| Net Profit + | 138 | 121 | 140 | 151 | 168 | 150 | 155 | 165 | 227 | 196 | 204 | 235 | 284 |
| EPS in Rs | 15.31 | 13.46 | 15.54 | 16.70 | 18.67 | 16.65 | 17.15 | 17.25 | 23.71 | 20.49 | 21.29 | 24.57 | 29.74 |
Financials of KEI Industries Ltd
Annual income statement trend
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 2,033 | 2,351 | 2,628 | 3,466 | 4,231 | 4,888 | 4,182 | 5,727 | 6,908 | 8,121 | 9,736 | 11,748 |
| Expenses + | 1,839 | 2,108 | 2,360 | 3,126 | 3,790 | 4,391 | 3,726 | 5,138 | 6,206 | 7,267 | 8,745 | 10,519 |
| Operating Profit | 194 | 243 | 269 | 339 | 441 | 497 | 456 | 589 | 702 | 854 | 991 | 1,229 |
| OPM % | 10% | 10% | 10% | 10% | 10% | 10% | 11% | 10% | 10% | 11% | 10% | 10% |
| Other Income + | 5 | 6 | 10 | 9 | 7 | 17 | 20 | 15 | 32 | 32 | 72 | 159 |
| Interest | 121 | 127 | 124 | 112 | 136 | 129 | 57 | 40 | 35 | 44 | 56 | 64 |
| Depreciation | 25 | 25 | 28 | 32 | 34 | 57 | 58 | 55 | 57 | 61 | 70 | 91 |
| Profit before tax | 53 | 96 | 126 | 204 | 278 | 328 | 361 | 508 | 642 | 781 | 937 | 1,232 |
| Tax % | 35% | 35% | 26% | 29% | 35% | 22% | 25% | 26% | 26% | 26% | 26% | 25% |
| Net Profit + | 34 | 63 | 94 | 145 | 181 | 256 | 270 | 376 | 477 | 581 | 696 | 918 |
| EPS in Rs | 4.43 | 8.10 | 12.04 | 18.47 | 22.92 | 28.64 | 29.92 | 41.73 | 52.93 | 64.35 | 72.88 | 96.07 |
| Dividend Payout % | 9% | 6% | 5% | 5% | 5% | 5% | 7% | 6% | 6% | 5% | 5% | 5% |
Financials of KEI Industries Ltd
Capital structure and asset base
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 15 | 15 | 16 | 16 | 16 | 18 | 18 | 18 | 18 | 18 | 19 | 19 |
| Reserves | 288 | 352 | 446 | 589 | 762 | 1,489 | 1,756 | 2,118 | 2,571 | 3,130 | 5,767 | 6,646 |
| Borrowings + | 452 | 498 | 813 | 842 | 599 | 367 | 333 | 355 | 162 | 166 | 217 | 253 |
| Other Liabilities + | 588 | 599 | 622 | 773 | 1,387 | 1,395 | 902 | 1,036 | 1,019 | 1,342 | 1,232 | 2,038 |
| Total Liabilities | 1,345 | 1,464 | 1,896 | 2,220 | 2,764 | 3,269 | 3,008 | 3,527 | 3,770 | 4,656 | 7,235 | 8,956 |
| Fixed Assets + | 298 | 328 | 405 | 407 | 489 | 554 | 537 | 531 | 567 | 770 | 993 | 1,686 |
| CWIP | 4 | 29 | 3 | 23 | 32 | 11 | 7 | 17 | 15 | 121 | 385 | 1,002 |
| Investments | 3 | 3 | 3 | 3 | 2 | 1 | 1 | 2 | 1 | 2 | 2 | 2 |
| Other Assets + | 1,039 | 1,103 | 1,485 | 1,787 | 2,242 | 2,703 | 2,463 | 2,978 | 3,187 | 3,764 | 5,854 | 6,266 |
| Total Assets | 1,345 | 1,464 | 1,896 | 2,220 | 2,764 | 3,269 | 3,008 | 3,527 | 3,770 | 4,656 | 7,235 | 8,956 |
Financials of KEI Industries Ltd
Operating, investing and financing cash movement
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity + | 199 | 186 | -29 | 191 | 623 | -13 | 154 | 229 | 514 | 610 | -32 | 840 |
| Cash from Investing Activity + | -17 | -98 | -63 | -76 | -275 | 11 | 75 | -58 | -137 | -353 | -1,501 | -350 |
| Cash from Financing Activity + | -182 | -87 | 229 | -69 | -386 | 99 | -129 | -31 | -256 | -72 | 1,919 | -98 |
| Net Cash Flow | 0 | 1 | 137 | 45 | -38 | 97 | 101 | 139 | 121 | 186 | 386 | 392 |
| Free Cash Flow | 182 | 88 | -91 | 126 | 501 | -93 | 131 | 169 | 416 | 210 | -726 | -412 |
| CFO/OP | 107% | 85% | 1% | 72% | 161% | 16% | 54% | 60% | 98% | 95% | 20% | 90% |
Financials of KEI Industries Ltd
Working capital efficiency and return ratios
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 85 | 88 | 114 | 108 | 94 | 102 | 118 | 89 | 73 | 68 | 67 | 57 |
| Inventory Days | 109 | 95 | 114 | 97 | 95 | 103 | 102 | 96 | 79 | 84 | 87 | 99 |
| Days Payable | 119 | 97 | 110 | 110 | 139 | 139 | 99 | 68 | 54 | 63 | 39 | 55 |
| Cash Conversion Cycle | 75 | 86 | 119 | 95 | 49 | 66 | 121 | 117 | 99 | 89 | 115 | 101 |
| Working Capital Days | 24 | 32 | 17 | 28 | 19 | 61 | 94 | 81 | 80 | 70 | 89 | 80 |
| ROCE % | 28% | 23% | 23% | 29% | 28% | 21% | 24% | 26% | 27% | 21% | 20% |