KEI Industries Limited has informed the Exchange regarding Outcome of Board Meeting held on May 06, 2025.
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KEI Industries' board approved audited Q4 and FY25 (ended March 31, 2025) results with an unmodified (clean) audit opinion. Standalone revenue from operations rose about 20% to ₹97,359 crore (₹81,207 crore in FY24), while net profit grew roughly 20% to ₹6,964 crore (₹5,811 crore). Q4 revenue jumped about 25% YoY to ₹29,148 crore with net profit of ₹2,265 crore, up 34% YoY. The Cables & Wires segment grew about 25%, but the EPC Projects segment revenue fell sharply by about 46%. The board also approved appointing M/s S.K. Batra & Associates as Secretarial Auditors for 5 years and re-appointed Internal and Cost Auditors. An interim dividend of ₹4 per share (200%) was paid during the year, and the board proposed treating it as the final dividend.
Strong FY25 performance with ~20% growth in both revenue and profit, supported by robust Cables & Wires demand and a massive ₹2,000 crore QIP fundraise that has strengthened the balance sheet. However, cash flow from operations turned sharply negative (₹322 crore) from ₹6,105 crore last year due to higher working capital needs (receivables and inventories), which is a red flag worth monitoring. Overall positive for shareholders, though investors should watch working capital trends.