'
KEI Industries hosted a
conference call on Jan 24, 2024. In the conference call the company was
represented by Anil Gupta, CMD.
Key takeaways of the
call
Pending
order book as end of Dec 31, 2023 is Rs 3826 crore of which Rs 934 crore is EPC orders, Rs 594 crore is
for extra high voltage power cable, Rs 1823 crore is for domestic institution
cable orders and Rs 475 crore is for cable export orders.
C&W
volume growth for Q3FY24 and 9mFY24 was 13% and 22% respectively
Will be able to
maintain 16-17% growth in FY24 and the same level of growth rate will be
maintained for next few fiscal years as well.
Margins are expected to
be stable with 25-50 bps increase in medium terms.
Expect to end FY24
with 12% contribution from exports for 20% it will take another 2-3 years as
the company is ramping up capacity.
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