KEI Industries’ stock saw a strong upward movement, rising over 3% after Goldman Sachs reaffirmed its ‘Buy’ rating. The global investment firm has set a target price of ₹3,780 per share, citing steady revenue growth and margin expansion as key drivers for future performance.
KEI Industries’ shares opened at ₹3,380.00, hitting a high of ₹3,540.00 and a low of ₹3,379.00. The stock’s 52-week high stands at ₹5,039.70, while the low is ₹2,900.10.
KEI Industries Q3 FY25 Results
KEI Industries delivered impressive financial results for Q3 FY25, showcasing substantial growth in revenue and profitability. The company reported a revenue of ₹2,467 crore, marking a 19.81% year-on-year increase from ₹2,059 crore in Q3 FY24 and an 8.23% rise from ₹2,280 crore in Q2 FY25. For the nine-month period of FY25, revenue surged by 17.68% year-on-year, reaching ₹6,807 crore.
Profitability remained strong, with EBITDA rising 11.25% year-on-year to ₹254 crore, although the EBITDA margin slightly declined to 10.31% from 11.11% in the previous year. The company’s PAT for the quarter grew by 9.38% to ₹165 crore, while the PAT margin stood at 6.68%, slightly lower than the 7.32% recorded in Q3 FY24. For the nine-month period, PAT increased by 13.97% year-on-year to ₹470 crore, maintaining a solid PAT margin of 6.90%.
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