Kei is one of the three large companies in the power cable space in. And how learning a new language english binds them together, and brings them peace in their homelands and acceptance about the one they left behind. China, silicon valley, and the new world order, by kaifu lee, about the ways that artificial intelligence is reshaping the world and the economic upheaval new technology will generate. The company has built competencies in the epc division, which has swelled its epc order book. Analysts said over the past couple of years, kei industries has increased spend to boost brand visibility, which has been helping it to grow the wires business. Healthy order book indicates strong revenue visibility. It is classified as nongovt company and is registered at registrar of companies, delhi. Keis current order book ob stands at rs 2,780 crore segmental breakup. Kei industries soars 6% as december quarter earnings beat. Kei s current order book ob stands at rs 2,780 crore segmental breakup. Company including its chairman, board of directors and other executive at kei industries ltd.
Angel broking sees over 23 per cent upside in kei industries shares in next one year. The company is expected to achieve growth in the current fy20. Its order book grew by 28% in the last 3 years on the back of order. Kei industries ltd accumulate kei industries, target rs. Tax economy finance it technology real estate energy legal retail auto telecom aviation infrastructure healthcare agriculture politics. China, silicon valley, and the new world order kindle edition by lee, kaifu. From a revenue share perspective, the institutional segment is the largest revenue generator for the company 55% followed by the retail segment 30%. Kei industries, which has grown constantly in the current year, expects to continue its rally in coming financial years as well. We need to start thinking now about how to address these gigantic changes. The firm was later converted into limited company on 31st december 1992. Anil gupta, cmd government spending in infrastructure is going to be the main growth drivers for us, says anil. According to angel broking, a high order book execution in the epc segment, rising b2c sales and higher exports are expected to boost kei. The present order book of kei, a wire and cable manufacturing company, is around rs 2,700 crore, a top official of the firm said here today. Strong order book, exports to aid growth in fy16, fy17.
Meanwhile, on december 17, the company informed the exchanges that its board had approved raising funds in one or more tranches, by the way of qualified institutional placements qips. Read more about kei industries soars 6% as december quarter earnings beat street estimates on business standard. Kei industries may start a greenfield construction next year. Kei industries limited is engaged in the business of manufacturing and marketing of ehv, mv and lv power cables ventured into engineering, procurement and construction epc. As far as commodity prices are concerned then i would like to say that commodity prices dont have any impact on our margins because we either keep book them along with. The electrical cables manufactured by kei industries are.
Download it once and read it on your kindle device, pc, phones or tablets. Its ob grew strongly in the last 3 years due to strong order inflows from state electricity boards, power grid, etc, the. Kei industries ltd kei profiquity research services. Kei industries limited is engaged in the business of. Watch videos, top stories and articles on order book at. Natl india stock quote kei industries ltd bloomberg.
The book is so layered and intense and at the same time, it is just way too beautifully written. Kei industries limited company, directors and contact. Kei industries ltd accumulate kei industries, target rs 436. Kil is one of the largest industrial cable manufacturers in india with institutional, dealer and export sales contribution of 55%, 31% and 14%, respectively, in fy17. Kei industries limited is a public incorporated on 31 december 1992. There are passages that make you stop as you are reading, just to admire the way kei has framed sentences and expressed the anguish of not going back home and the longing for it.
Up constitutes 70% of the order book and balance 30% is from other states like west bengal, madhya pradesh and rajasthan. We recently met the management of kei industries kil to understand the business model and outlook, going forward. Kei industries ltd kei was established as a partnership firm krishna electrical industries in the year 1968. From a revenue share perspective, the institutional segment is the largest revenue generator for the company 55% followed by the retail segment 30% and then the exports segment 15%.
Kei industries has healthy order book and strong revenue. Anil gupta, cmd our margins are stable and marginal improvement has been seen on a quarteronquarter basis in it. Institutional equity research kei industries ltd keii in. Stainless steel wire, which consists of stainless steel wires, and turnkey projects. Kei industries limited is engaged in the business of manufacturing and marketing of. Read latest news and live updates on keiindustries including breaking news on keiindustries,keiindustries photos,keiindustries videos and many more at. Revenues grew by 39% yoy above our estimate, however, the company reported flat operating margins. This provides adequate revenue visibility going forward. Kei industries limited is engaged in the manufacture and supply of power and other industrial cables. Kei industries ltd, a housing wire and cable maker, is looking to raise. Farewell, my orange iwaki kei is a beautiful book about journey of two women an immigrant and a refugee, bound by their vulnerabilities in a new country, taking hesitant steps in their new lives.
Ns stock quote, history, news and other vital information to help you with your stock trading and investing. The company reported a 50% growth in net profit at rs 72. Kei industries may start a greenfield construction next. Currently, the companys order book stands at rs 4,700 crore, with strong order wins in epc. For 4qfy2018, kei industries kei posted good set of results, exceeding our expectations on both, topline as well as bottomline fronts. Feb 18, 2020 kei industries may start a greenfield construction next year. Natl india including stock price, stock chart, company news, key statistics, fundamentals and company profile. Time period given by the brokerage firm is one year when kei industries price can reach defined target.
The current market price of kei industries is rs 357. Press release kei industries limited credit rating. Kei is ranked amongst the top 3 power cable companies in india and is also engaged in the epc business. Railway electrification to boost order book by 20%, says kei industries. At the current market price of rs 433 per share, the stock is trading at 20 times fy19e and 14 times fy20e earnings, which is quite. Aug 08, 2019 kei industries limited is a public incorporated on 31 december 1992. Kei industries current order book ob stands at rs 4,414 crore segmental breakup. In consumer durableelectrical,we prefer companies such as dixon technologies, vguard and kei industries with a strong cash flow position and better working capital management. Kei industries has become one of the topmost companies in the cables sector in india. Healthy order book position keis order book position as on date stands at around rs. Government spending in infrastructure is going to be the main growth.
Sep 18, 2017 strong order book and wide dealership network. The company is expected to achieve growth in the current fy20 by 1819 per cent. Company background kei industries limited kei is a cable manufacturing company, engaged in. Aug 31, 2017 analysts said over the past couple of years, kei industries has increased spend to boost brand visibility, which has been helping it to grow the wires business.
For 3qfy2018, kei industries kei posted good set of results, exceeding our expectations. High order book execution in epc segment, rising b2c sales and higher exports to boost the revenues and profitability please refer to the attached report. Kei industries ltd quarterly update segmentwise results net revenues q3fy20 q3fy19 % yoy q2fy19 % qoq. Other takeaways strong growth in institutional cables, up 40% yoy, mainly driven by strong growth in. Extensive distribution network kei has been expanding its distribution network by adding dealers to capture. Corporate taxes for mid and large companies should be brought down. Its epc order book has grown significantly from inr 4bn in fy14 to inr 16. Kei industries soars 6% as december quarter earnings beat street. Use features like bookmarks, note taking and highlighting while reading ai superpowers. Strengthening order book and growing exports will aid growth, says. Weak domestic macroeconomic environment leading to feeble. The present order book of kei, a wire and cable manufacturing company. Mar 09, 2018 the current market price of kei industries is rs 357.