Environmental
Cleaner energy, efficient manufacturing, circular resources
- 9.19%improvement in Scope 1 + 2 emission intensity
- 3.905 MWrooftop solar capacity across plants
- 63.27%of waste recycled
About the Company
Built to PowerBigger Possibilities
KEI is among India’s largest and top three organized players in the wire and cable industry. Our expertise spans Extra High Voltage (EHV) cables up to 400 kV, an extensive range of power, control and instrumentation cables, and turnkey Engineering, Procurement and Construction (EPC) solutions for complex power infrastructure.
About CompanyChairman-cum-Managing Director’s Communique
Preparing Today forThe Growth Ahead
The wires and cables segment grew by 22.32% during the year. Higher copper and aluminum prices contributed to value growth, while our product mix, pricing discipline and operating controls supported the improvement in profitability.
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Key Performance Indicators
PerformanceThat Compounds
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Revenue (₹ in crore) FY22 FY23 FY24 FY25 FY26 5,727 6,908 8,121 9,736 11,748 -
PAT (₹ in crore) FY22 FY23 FY24 FY25 FY26 376 477 581 696 918 -
EBITDA (₹ in crore) FY22 FY23 FY24 FY25 FY26 604 734 887 1,063 1,388 -
Operating cash flows (₹ in crore) FY22 FY23 FY24 FY25 FY26 229 514 611 (32) 840 -
ROCE* (%) FY22 FY23 FY24 FY25 FY26 24 26 27 25 24 -
Debt-equity ratio (x) FY22 FY23 FY24 FY25 FY26 0.16 0.05 0.04 0.03 0.03
*Average Capital Employed, excluding unutilized QIP proceeds
Environmental, Social and Governance
Environmental, Social and Governance
Sustainability with strategic intent — ESG is embedded into the way we govern, operate and create long-term value, overseen by the Board and its CSR & ESG Committee.
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Social
Safe workplaces, skilled people, thriving communities
- 0%lost-time injury rate
- 41,547training hours
- 25.6 lakhCSR beneficiaries
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Governance
Ethics, transparency and responsible leadership
- 50%Board independence
- 25%women directors
- 13 yearsaverage Board tenure
Strategic LeversFor the Next Phase
View Strategic PrioritiesCapacity Expansion
KPIs tracked ₹ 1,254 crore
Capital expenditure made in manufacturing capital in FY 2025-26
Grow Retail Business
KPIs tracked 25%
Growth in retail sales
Expand Distribution Network
KPIs tracked 2,125
Distributor network
Scale Up Exports
KPIs tracked 45%
Increase in export revenue in FY 2025-26
Gain Share in the EHV Market
KPIs tracked 82%
Increase in domestic institutional EHV cable sales in FY 2025-26
Capacity Expansion
KPIs tracked ₹ 1,254 crore
Capital expenditure made in manufacturing capital in FY 2025-26
Grow Retail Business
KPIs tracked 25%
Growth in retail sales
Expand Distribution Network
KPIs tracked 2,125
Distributor network
Scale Up Exports
KPIs tracked 45%
Increase in export revenue in FY 2025-26
Gain Share in the EHV Market
KPIs tracked 82%
Increase in domestic institutional EHV cable sales in FY 2025-26
Value Creation
Creating greater stakeholder value
We leverage our financial strength, manufacturing capabilities, innovation, skilled workforce and extensive market network to expand capacity.
Read in the reportEngagements that endure long-term value creation
Stakeholder engagement is central to our approach to sustainable value creation.
Read in the reportAddressing priorities that shape our future
Sustainability is closely linked with our ability to create long-term value for all stakeholders while navigating a dynamic business environment.
Read in the reportBuilding resilience through proactive risk management
Risk management is deeply embedded within our strategy, governance framework, operations and decision-making processes.
Read in the reportSix Capitals
Six capitals.One integrated ecosystem.
Financial strength, world-class plants, R&D, people, partnerships and natural resources — the six capitals KEI draws on and builds through its integrated approach to value creation.
01 / 06 · FC
Financial Capital
Growth powered by financial acumen
A net debt-free balance sheet, AA+ / A1+ credit ratings and disciplined capital allocation fund ₹600–700 crore of annual capex through internal accruals.
- ₹11,748 crRevenue, +20.66%
- ₹1,388 crEBITDA, +30.56%
- ₹918 crPAT, +31.88%
- 0.03xDebt-equity ratio
02 / 06 · MC
Manufactured Capital
Assets that scale value
Sanand adds LT, HT, EHV, e-beam and HVDC capability with a vertical tower for 500 kV cables, backed by in-house PVC/XLPE compounding.
- 7Manufacturing units
- 80,232 kmCapacity added in FY 2025-26
- ₹1,254 crCapex in manufacturing
- 83.87%Cable capacity utilization
03 / 06 · IC
Intellectual Capital
Intelligence behind the reliability
NABL-accredited R&D with global certifications (KEMA, TUV, SGS, IRS, BRE, CPRI), UL and BASEC approvals, and a Superbrand recognized across India.
- 9New products launched
- 73Registered trademarks
- ₹5.84 crInvestment in R&D
- ₹53.89 crInvestment in branding
04 / 06 · HC
Human Capital
The team that carries the momentum
Competency-based development, ISO 45001:2018 safety systems and 10,771 hours of health and safety training during the year.
- 2,098Permanent employees
- 41,547Training hours
- 0%Lost-time injury rate
- 4.40Employee satisfaction score
05 / 06 · SRC
Social & Relationship Capital
Relationships that endure
718 dealers with over five years of association, 438 new partners onboarded, and CSR reaching 25,61,243 beneficiaries.
- 2,125Active dealers
- 20,000+Retailers
- 2,00,000+Electricians
- ₹15.79 crCSR spending
06 / 06 · NC
Natural Capital
Advancing our environmental responsibility
Zero liquid discharge, ISO 14001:2015 systems, 11 life-cycle assessments and a roadmap towards higher renewable electricity.
- 9.19%Lower Scope 1 + 2 intensity
- 3.905 MWRooftop solar
- 63.27%Waste recycled
- 23.81%Better water intensity
Awards and Accolades
RecognitionPowered by Performance
Recognition earned during FY 2025-26 for KEI’s reporting, leadership, people practices, safety culture and community work.
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