KEI Industries - Capacity Expansion To Drive Future Growth: Nirmal Bang

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Wires and cables manufactured by KEI Industries Ltd. (Source: Company website)

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Nirmal Bang Report

Key Points

  1. We hosted the management of KEI Industries Ltd. The company highlighted the strong growth opportunity in the wire and cable business due to elevated government and private capex as well as strong renewables and infrastructure led export demand for cables.

  2. Management highlighted that in the past 15 years, KEI grew at a compound annual growth rate of 14% and in the next 10 years it is expected to clock a CAGR of ~16- 17%.

  3. KEI is currently a debt-free company and going forward internal cash accruals will be utilised for capex as well as working capital requirements.

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This report is authored by an external party. BQ Prime does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BQ Prime. 

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