Kei Industries Limited · NSE:KEI
Kei Industries — Investor Presentation (September 2025)
47 slides from Kei Industries's investor presentation, September 2025
Slide 1: KEI Industries Limited Corporate Presentation
KEI INDUSTRIES LIMITED CORPORATE PRESENTATION September, 2025
Slide 2: Contents
Contents • Company Overview • Company Strengths • Growth Strategy • Key Financials • Shareholding Pattern • Industry Prospects • Brand Recognition • ESG • CSR 1
Slide 3: Company Overview
Company Overview 2
Slide 4: Overview
Overview • One of the leading manufacturers of cables and wires with a wide product portfolio spread across EHV, HT and LT Power Cables, House Wire, Stainless Steel Wire • Forward integrated into EPC services for Power, Distribution, Transmission and sub-station projects • FY25 Revenue: INR 97,359 M
Slide 5: Revenue Overview H1 FY26 FY25
Revenue Overview Revenue Split by Product and Customer / Channel 2% 0% 6% 2% 16% 33% 53% H1 FY26 42% 31% 15% EHV LT Power HT Cable HW, WW SSW EPC 1 Other 2 Export Institutional Retail 4% 0% 2% 4% 13% 30% 52% 40% FY25 35% 20% EHV LT Power HT Cable HW, WW SSW EPC 1 Other 2 Export Institutional Retail
Slide 6: Order Book Summary
Order Book Summary Healthy and growing order book of INR 38,448 Mn (as on 30th Sep, 2025) Order Book (INR Mn.) 14% 38,448 13% 55% 35,978 34,829 34,123 18% Mar'23 Mar'24 Mar'25 Sep'25 Cable-Domestic Cable-Export EPC EHV 5 Note: EHV: Extra High Voltage
Slide 7: Company Strengths
Ay i hii Company Strengths
Slide 8: Company Strengths
Company Strengths Well diversified across multiple dimensions 1 Wide basket of products used across multiple industries Low customer concentration 2 Strategically located manufacturing facilities and Strong R&D capabilities Manufacturing facilities across 8 locations Strong R&D focus helps in new pr
Slide 9: Comprehensive Product Portfolio
Comprehensive Product Portfolio… Wide product basket comprising: EHV Cables High Tension Low Tension Control (Up to 400kV) Cables Cables Cables • Extra-High Voltage Cables up to 400 KV • High & Medium Voltage Cables • Control & Instrumentation Cables • Specialty Cables Instrumentation Marine & Offsh
Slide 10: Well Diversified Across Multiple Dimensions
…Well Diversified Across Multiple Dimensions Wide Product Basket… …With applications across Industries 4% 0% 2% 4% 30% 40% Power Oil & Gas Real Estate Cement Railways, Metro Rail & Rapid Rail Cable & Wires Business (94%) 20% EHV LT Power HT Cable HW, WW Automobiles Fertilizers Roads & Textile SSW EP
Slide 11: Strategically Located Manufacturing Facilities & Strong R&D Capabilities
Strategically Located Manufacturing Facilities & Strong R&D Capabilities Plant Locations and Key Capacities Plant Location Start Date Capacity (As of 30th Sep, 25) • Cable – 63,400 Kms Bhiwadi 1996 • House Wire/WW – 2,59,000 Kms Chopanki • Stainless Steel Wire – 9,000 MT Bhiwadi • Cable – 34,800 Kms
Slide 12: Strategically Located Manufacturing Facilities & Strong R&D Capabilities
…Strategically Located Manufacturing Facilities & Strong R&D Capabilities Pathredi Plant Bhiwadi Plant Chopanki Plant Adherence to the most stringent quality standards Our products are tested by KEMA (The Netherlands), TUV (Rheinland), SGS, IRS, ABS, CEIL, BRE (UK), LLOYDS REGISTER, BVQI, DNV, CPRI,
Slide 13: Strong Presence in Retail Segment with Well Entrenched Distribution Network
Strong Presence in Retail Segment with a Well Entrenched Distribution Network Increasing focus on retail… …With strong distribution network… 53% # of Dealers / # of Marketing 52% Distributors1 Offices1 46% 46% North 749 11 41% South 415 7 FY22 FY23 FY24 FY25 H1 FY26 Retail as a % of sales East 511 6
Slide 14: Growing Exports Presence
Growing Exports Presence Export Sales in the last 3 years • Exports accounted for 13% of sales in FY25 and 16% 13% 13% in H1 FY26. 10% 12,670 10,975 • Exports provide natural hedge on forex as the 6,934 company also imports raw materials • Healthy order book for cable exports of INR 6,987Mn. FY23 FY
Slide 15: Experienced Management Team
Experienced Management Team Mrs. Archana Gupta Mr. Akshit Diviaj Gupta Non-Executive Whole Time Director Director Mr. Manoj Kakkar Executive Director - Sales & Marketing Mr. Rajeev Gupta Executive Director (Finance) & CFO Mr. Kishore Kunal Sr.Vice President (Corporate Finance) & Company Secretary Mr
Slide 16: Growth Strategy
Wires & Cables Growth Strategy
Slide 17: Growth Strategy
Growth Strategy Expand Distribution Network Increase penetration by Grow Retail expanding distribution network Business Scale up Exports Continued focus to increase Further increase presence in share of retail business overseas market Capacity Gain Share in Expansion EHV Market Increase capacity Foc
Slide 18: Key Financials
Kel Wires & Cables Financials
Slide 19: 15 Years Strong Financial Performance
15 years Strong Financial Performance Robust Revenue Growth… …with Strong EBITDA Growth… …and strong PAT Growth INR Mn. INR Mn. INR Mn. 10,628 6,964 97,359 15 Year CAGR 15 Year CAGR 15 Year CAGR PAT- 30% EBITDA- 19% Revenue- 17% 9,092 763 142 FY10 FY25 FY10 FY25 FY10 FY25 18
Slide 20: Strong Financial Performance
Strong Financial Performance % margin Robust Revenue Growth… …with stable EBITDA Margins… …and strong PAT Growth INR Mn. 3 Year CAGR 19% INR Mn. 3 Year CAGR 21% 10.92% INR Mn. 3 Year CAGR 23% 7.15% 97,359 10,628 7.16% 6,964 10.92% 6.91% 5,807 8,862 81,207 10.62% 4,773 69,082 7,338 FY23 FY24 FY25 FY2
Slide 21: H1 FY26 Performance
H1 FY26 Performance % margin R E V E N UE ( M N. ) E B I T D A ( I N R MN . ) PAT ( M N. ) 7.51% 53,167 11.46% 6,093 3,993 7.01% 43,488 10.81% 4,699 3,051 22.25% 29.65% YoY YoY 30.88% YoY H1 FY25 H1 FY26 H1 FY25 H1 FY26 H1 FY25 H1 FY26 20
Slide 22: Summary Financials
Summary Financials Summary of Financials INR Mn. Particulars FY23 FY24 FY25 H1 FY26 Net Sales 69,082 81,207 97,359 53,167 EBITDA 7,338 8,862 10,628 6,093 PBT 6,420 7,810 9,370 5,405 PAT 4,773 5,807 6,964 3,993 Net Fixed Assets 5,819 8,913 13,786 21,791 Net Worth 25,892 31,483 57,858 61,881 Total Deb
Slide 23: Summary Financials (Product and Segment wise)
Summary Financials (Product and Segment wise) INR Mn. Particulars FY23 FY24 FY25 Q1 FY26 Q2 FY26 Domestic 30,645 32,966 34,121 8,989 7,668 Dealer 31,655 37,702 50,876 13,258 14,756 Export 6,934 10,975 12,638 3,732 4,655 Net of Ind AS & other (152) (436) (276)1 (76)1 1851 Total 69,082 81,207 97,359 2
Slide 24: Balance Sheet
Balance Sheet INR Mn. ASSETS H1 FY26* FY 25 FY 24 EQUITY AND LIABILITIES H1 FY26* FY 25 FY 24 Non-Current Assets Equity Fixed Assets 21,791 13,786 8,913 Equity Share Capital 191 191 181 Other Non Current 1,629 2,214 675 Other Equity 61,690 57,667 31,302 Assets Non-Controlling Interest - - - Total No
Slide 25: Shareholding Pattern
Ker Wires & Cables Shareholding Pattern
Slide 26: Shareholding
Shareholding Shareholding Pattern Key Institutional Investors (as of 30th Sep, 2025) (as of 30th Sep, 2025) Name of Shareholder % Holding KOTAK MAHINDRA TRUSTEE CO LTD 4.95% MOTILAL OSWAL 4.51% GOVERNMENT PENSION FUND GLOBAL 2.63% CANARA ROBECO MUTUAL FUND 2.32% SMALLCAP WORLD FUND INC 2.10% Public
Slide 27: Industry Prospects
Wires & Cables Industry prospects
Slide 28: Industry Prospects
Industry Prospects India Wires & Cables Market to Grow at Power Transmission Cables and Building 11-13% CAGR Between FY24-29E Wires Contribute to ~50% of the Market (INR Bn) Segment wise split of cables and wires market (FY24) ~3,0001 Power transmission cables 28-30% Other cables 29-31% 1,702 Switch
Slide 29: Industry Prospects
Industry Prospects Executive Summary – Cables & Wires Global market size Key sub-categories Trade >70% ~$160 bn in 2024 ~6% p.a. ~48% > $410 Bn ~20% USA, Germany and Japan account for almost ~18% 35% of global cables & wires imports ~220 Bn ~9% ~5% Light Power Renew-Telecom Other China, Mexico, & th
Slide 30: Key Growth Initiatives for Cables and Wire Industry
…Industry Prospects Key Growth Initiatives for Cables and Wire Industry Higher Investment • Growing demand of cables and wires from building and construction sector – Growing demand of residential and commercial spaces and emergence of The nation plans to invest Rs. 9,15,920 crore (US$ 107 billion
Slide 31: Key Growth Initiatives for Cables and Wire Industry (cont'd)
…Industry Prospects Key Growth Initiatives for Cables and Wire Industry (cont’d) • Renewable energy capacity expansion underscores the need for • Transition to electric vehicles (EV) to increase the demand for charging integrating storage elements: infrastructure which will in turn drive demand for
Slide 32: Key Growth Initiatives for Cables and Wire Industry (cont'd)
…Industry Prospects Key Growth Initiatives for Cables and Wire Industry (cont’d) India’s National Electricity Plan (2022-32) The National Electricity Plan (NEP) outlines India’s strategy for power expansion over the next decade. Key targets include: Peak demand forecast: 277.2 GW by 2026-27, 366
Slide 33: Brand Recognition
Brand Recognition
Slide 34: Strengthening Brand Recognition
Strengthening Brand Recognition Partner 2009-2012 2013-2015 Wires & Cables Specialist Har Tension Sahe Jode Dilon Ke Taar 2016-2017 2019-2020 Chalti Rahe IPL Sponsorship from FY 17 to FY 25 33
Slide 35: Strengthening Brand Recognition
…Strengthening Brand Recognition Highlights of Sports Sponsorship Activities Title Sponsorship of Real Tamil Thalaivas- Pro Patna Pirates- Pro Kabaddi League Kabaddi League Kabaddi League On ground Activations Jersey Sponsorships Jersey Sponsorships Highlights of IPL Sponsorship Activities 34
Slide 36: Multi-pronged Approach to Further Strengthen Brand Positioning
Multi-pronged Approach to Further Strengthen Brand Positioning Advertisement & Publicity expenses (INR Mn.) 478 405 215 • Association with Rajasthan Royals in past and amplification via digital presence • Meeting with channel partners • IT app for connecting dealers, distributors, retailers and elec
Slide 37: ESG
(iy a@—i i bj Wires & Cables YY
Slide 38: Our ESG Journey
Our ESG Journey • Multiple awareness sessions conducted covering factory personnel, Capacity Building HO Staff and suppliers • 20 relevant ESG topics identified Materiality Assessment • Survey floated across all internal & external stakeholders • 8 high priority material issues identified • Supplier
Slide 39: Our ESG Journey
…Our ESG Journey 8 High priority material issues covered in ESG 1. GHG Emissions & Climate Change 2. Product Stewardship 3. Natural Resource Management 4. Supply Chain Sustainability 5. Employee Development and Engagement 6. Occupational Health & Safety 7. Governance and Ethical Business Conduct 8.
Slide 40: Committed to Provide Environmentally Safe and Socially Responsible Workplace
Committed to Provide Environmentally Safe and Socially Responsible Workplace Environmental Stewardship Social Commitment Governance Practices Initiatives Health and safety prioritised for Manufacturing facilities certified Renewable Energy Utilisation to lower both employees and product with IS
Slide 41: ESG Performance – Key Highlights
ESG Performance – Key Highlights Environment Social Governance GHG Intensity1 for scope 1 Shareholder satisfaction survey rolled Materiality Assessment & 2 emissions reduced by out for 1,64,459 shareholders conducted 4.8% in FY 24-25 as compared to last year. Shareholders rated “Excellent” o
Slide 42: Key ESG Initiatives undertaken
Key ESG Initiatives undertaken EV Forklifts for Material Handling Eliminates direct carbon emissions from fuel combustion, reducing Scope 1 emissions. No exhaust emissions, leading to better air quality in production facilities. Dedicated Power Feeder Minimizes transmission and distribution loss
Slide 43: CSR
Wires & Cables
Slide 44: Our Social Responsibility – Partnering for Community Resilience
Our Social Responsibility – Partnering for Community Resilience Swasthya Utsav focused • This year, we integrated all the elements from our past activities on these three aspects of the Jyoti Series and added new ones to give our activity a 360- degree approach • The target group was directly reache
Slide 45: Our Social Responsibility – Partnering for Community Resilience
…Our Social Responsibility – Partnering for Community Resilience CSR Spend (INR Mn.) 129 101 81 Swasthya Utsav – A Skill Development Program to nurture the mind, heart and skills of the children of electricians FY23 FY24 FY25 44
Slide 46: Disclaimer
Disclaimer This presentation has been prepared for general information purposes in respect of KEI Industries Limited (“Company”) together with its associate (collectively, the “Group”) only, without regard to any specific objectives, suitability, financial situations and needs of any particular pers
Slide 47: Thank You
Thank You Contact us For Investor relations: cs@kei-ind.com 46
KEI Industries — Investor Presentation (September 2025) on 6ix