KEI Industries (BSE:517569) - Share price, News & Analysis

517569 fundamental analysis
Snowflake Score
Valuation	0/6
Future Growth	5/6
Past Performance	4/6
Financial Health	6/6
Dividends	4/6

517569 Stock Overview

KEI Industries Limited manufactures and supplies wires and cables in India.

Rewards

Earnings are forecast to grow 21.71% per year

Earnings have grown 20.9% per year over the past 5 years

Risk Analysis

No risks detected for 517569 from our risk checks.

KEI Industries Competitors

Havells India

NSEI:HAVELLS

₹784.5b

Polycab India

NSEI:POLYCAB

₹389.0b

V-Guard Industries

BSE:532953

₹92.6b

Finolex Cables

NSEI:FINCABLES

₹55.6b

Price History & Performance

Summary of all time highs, changes and price drops for KEI Industries
Historical stock prices
Current Share Price	₹1,226.35
52 Week High	₹1,319.25
52 Week Low	₹530.85
Beta	0.78
1 Month Change	-0.90%
3 Month Change	21.48%
1 Year Change	103.65%
3 Year Change	194.05%
5 Year Change	500.86%
Change since IPO	139,258.11%

Shareholder Returns

	517569	IN Electrical	IN Market
7D	6.8%	0.4%	-3.2%
1Y	103.6%	23.5%	9.0%

Return vs Industry: 517569 exceeded the Indian Electrical industry which returned 23.5% over the past year.

Return vs Market: 517569 exceeded the Indian Market which returned 9% over the past year.

Price Volatility

Is 517569's price volatile compared to industry and market?
517569 volatility
517569 Average Weekly Movement	7.4%
Electrical Industry Average Movement	7.1%
Market Average Movement	7.2%
10% most volatile stocks in IN Market	10.0%
10% least volatile stocks in IN Market	4.7%

Stable Share Price: 517569 is not significantly more volatile than the rest of Indian stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: 517569's weekly volatility (7%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1968	1,958	Anil Gupta	https://www.kei-ind.com

KEI Industries Limited manufactures and supplies wires and cables in India. The company operates through three segments: Cable; Engineering, Procurement and Construction; and Stainless Steel Wire. It offers extra-high voltage (EHV), high tension, and low tension power cables; control and instrumentation cables; specialty, single-core, and multi-core flexible cables; rubber and solar cables; fire survival/resistant cables; and submersible marine and offshore cables.

KEI Industries Fundamentals Summary

How do KEI Industries's earnings and revenue compare to its market cap?
517569 fundamental statistics
Market Cap	₹110.50b
Earnings (TTM)	₹3.76b
Revenue (TTM)	₹57.27b

29.4x

P/E Ratio

1.9x

P/S Ratio

Is 517569 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
517569 income statement (TTM)
Revenue	₹57.27b
Cost of Revenue	₹43.42b
Gross Profit	₹13.84b
Other Expenses	₹10.08b
Earnings	₹3.76b

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)	41.73
Gross Margin	24.17%
Net Profit Margin	6.57%
Debt/Equity Ratio	15.5%

How did 517569 perform over the long term?

See historical performance and comparison

Dividends

0.2%

Current Dividend Yield

6%

Payout Ratio

Valuation

Is KEI Industries undervalued compared to its fair value and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PEG Ratio
PB vs Industry

29.39x

Price to Earnings (PE) ratio

Share Price vs. Fair Value

Below Fair Value: 517569 (₹1226.35) is trading above our estimate of fair value (₹179.05)

Significantly Below Fair Value: 517569 is trading above our estimate of fair value.

Price To Earnings Ratio

PE vs Industry: 517569 is poor value based on its PE Ratio (29.4x) compared to the Indian Electrical industry average (19.1x).

PE vs Market: 517569 is poor value based on its PE Ratio (29.4x) compared to the Indian market (20.1x).

Price to Earnings Growth Ratio

PEG Ratio: 517569 is poor value based on its PEG Ratio (1.4x)

Price to Book Ratio

PB vs Industry: 517569 is overvalued based on its PB Ratio (5.2x) compared to the IN Electrical industry average (1.6x).

Future Growth

How is KEI Industries forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?

Future Growth Score

5/6

Future Growth Score 5/6

Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE

21.7%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings vs Savings Rate: 517569's forecast earnings growth (21.7% per year) is above the savings rate (6.7%).

Earnings vs Market: 517569's earnings (21.7% per year) are forecast to grow faster than the Indian market (18.7% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: 517569's revenue (16.5% per year) is forecast to grow faster than the Indian market (12% per year).

High Growth Revenue: 517569's revenue (16.5% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: 517569's Return on Equity is forecast to be high in 3 years time (20.9%)

Past Performance

How has KEI Industries performed over the past 5 years?

Past Performance Score

4/6

Past Performance Score 4/6

Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE

20.9%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: 517569 has high quality earnings.

Growing Profit Margin: 517569's current net profit margins (6.6%) are higher than last year (6.5%).

Past Earnings Growth Analysis

Earnings Trend: 517569's earnings have grown significantly by 20.9% per year over the past 5 years.

Accelerating Growth: 517569's earnings growth over the past year (37.6%) exceeds its 5-year average (20.9% per year).

Earnings vs Industry: 517569 earnings growth over the past year (37.6%) underperformed the Electrical industry 51.3%.

Return on Equity

High ROE: 517569's Return on Equity (17.6%) is considered low.

Financial Health

How is KEI Industries's financial position?

Financial Health Score

6/6

Financial Health Score 6/6

Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage

Financial Position Analysis

Short Term Liabilities: 517569's short term assets (₹29.6B) exceed its short term liabilities (₹13.3B).

Long Term Liabilities: 517569's short term assets (₹29.6B) exceed its long term liabilities (₹588.9M).

Debt to Equity History and Analysis

Debt Level: 517569 has more cash than its total debt.

Reducing Debt: 517569's debt to equity ratio has reduced from 175.3% to 15.5% over the past 5 years.

Debt Coverage: 517569's debt is well covered by operating cash flow (69%).

Interest Coverage: 517569's interest payments on its debt are well covered by EBIT (13.2x coverage).

Balance Sheet

Dividend

What is KEI Industries's current dividend yield, its reliability and sustainability?

Dividend Score

4/6

Dividend Score 4/6

Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Future Dividend Coverage

0.20%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: 517569's dividend (0.2%) isn’t notable compared to the bottom 25% of dividend payers in the Indian market (0.37%).

High Dividend: 517569's dividend (0.2%) is low compared to the top 25% of dividend payers in the Indian market (1.61%).

Stability and Growth of Payments

Stable Dividend: 517569's dividends per share have been stable in the past 10 years.

Growing Dividend: 517569's dividend payments have increased over the past 10 years.

Earnings Payout to Shareholders

Earnings Coverage: With its low payout ratio (6%), 517569's dividend payments are thoroughly covered by earnings.

Cash Payout to Shareholders

Cash Flow Coverage: With its low cash payout ratio (13.3%), 517569's dividend payments are thoroughly covered by cash flows.

Next Steps

Explore strong dividend paying companies in the Capital Goods industry.

Management

How experienced are the management team and are they aligned to shareholders interests?

22.5yrs

Average board tenure

CEO

Anil Gupta (62 yo)

no data

Tenure

₹93,760,000

Compensation

Mr. Anil Gupta has been the Chairman of the Board and Managing Director of KEI Industries Limited since February 2005 and 1993 respectively and also serves as its Chief Executive Officer. He has been Direc...

CEO Compensation Analysis

Compensation vs Market: Anil's total compensation ($USD1.20M) is above average for companies of similar size in the Indian market ($USD454.24K).

Compensation vs Earnings: Anil's compensation has been consistent with company performance over the past year.

Board Members

Experienced Board: 517569's board of directors are seasoned and experienced ( 22.5 years average tenure).

Ownership

Who are the major shareholders and have insiders been buying or selling?

Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.

Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.

Data	Last Updated (UTC time)
Company Analysis	2022/05/17 00:00
End of Day Share Price	2022/05/17 00:00
Earnings	2022/03/31
Annual Earnings	2022/03/31