KEI Industries Limited
KEI Industries Limited manufactures, markets, and sells wires and cables in India and internationally. It operates in three segments: Cable & Wires; Engineering, Procurement and Construction; and Stainless Steel Wire. The company offers extra-high voltage, high tension, and low-tension power cables; control and instrumentation cables; specialty, single-core, and multi-core flexible cables; elasto… Read more
KEI Industries Limited (KEI) - Net Assets
Latest net assets as of September 2025: ₹61.88 Billion INR
Based on the latest financial reports, KEI Industries Limited (KEI) has net assets worth ₹61.88 Billion INR as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₹80.08 Billion) and total liabilities (₹18.20 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₹61.88 Billion |
| % of Total Assets | 77.27% |
| Annual Growth Rate | 30.52% |
| 5-Year Change | 226.15% |
| 10-Year Change | 1476.62% |
| Growth Volatility | 55.24 |
KEI Industries Limited - Net Assets Trend (2005–2025)
This chart illustrates how KEI Industries Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for KEI Industries Limited (2005–2025)
The table below shows the annual net assets of KEI Industries Limited from 2005 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | ₹57.86 Billion | +83.78% |
| 2024-03-31 | ₹31.48 Billion | +21.59% |
| 2023-03-31 | ₹25.89 Billion | +21.24% |
| 2022-03-31 | ₹21.36 Billion | +20.38% |
| 2021-03-31 | ₹17.74 Billion | +17.71% |
| 2020-03-31 | ₹15.07 Billion | +93.73% |
| 2019-03-31 | ₹7.78 Billion | +28.65% |
| 2018-03-31 | ₹6.05 Billion | +31.15% |
| 2017-03-31 | ₹4.61 Billion | +25.64% |
| 2016-03-31 | ₹3.67 Billion | +20.77% |
| 2015-03-31 | ₹3.04 Billion | +11.27% |
| 2014-03-31 | ₹2.73 Billion | +6.85% |
| 2013-03-31 | ₹2.56 Billion | +12.54% |
| 2012-03-31 | ₹2.27 Billion | -4.55% |
| 2011-03-31 | ₹2.38 Billion | +5.57% |
| 2010-03-31 | ₹2.25 Billion | +14.64% |
| 2009-03-31 | ₹1.97 Billion | -5.07% |
| 2008-03-31 | ₹2.07 Billion | +36.36% |
| 2007-03-31 | ₹1.52 Billion | +53.10% |
| 2006-03-31 | ₹991.92 Million | +252.84% |
| 2005-03-31 | ₹281.13 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to KEI Industries Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 20034.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₹31.50 Billion | 54.45% |
| Common Stock | ₹191.11 Million | 0.33% |
| Other Comprehensive Income | ₹131.97 Million | 0.23% |
| Other Components | ₹26.03 Billion | 44.99% |
| Total Equity | ₹57.86 Billion | 100.00% |
KEI Industries Limited Competitors by Market Cap
The table below lists competitors of KEI Industries Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
China National Software & Service Co Ltd
SHG:600536
|
$2.98 Billion |
|
Alm. Brand A/S
PINK:ABDBY
|
$2.98 Billion |
|
Far Eastern New Century Corp
TW:1402
|
$2.98 Billion |
|
Thunder Software Technology Co Ltd
SHE:300496
|
$2.98 Billion |
|
Sulzer AG
SW:SUN
|
$2.97 Billion |
|
Credit Saison Co. Ltd
F:QC9
|
$2.97 Billion |
|
KAR Auction Services Inc
NYSE:KAR
|
$2.97 Billion |
|
Aedifica SA
PINK:AEDFF
|
$2.97 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in KEI Industries Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 31,482,640,000 to 57,857,500,000, a change of 26,374,860,000 (83.8%).
- Net income of 6,964,140,000 contributed positively to equity growth.
- Dividend payments of 417,640,000 reduced retained earnings.
- Share repurchases of 292,270,000 reduced equity.
- New share issuances of 20,010,800,000 increased equity.
- Other comprehensive income increased equity by 8,840,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₹6.96 Billion | +12.04% |
| Dividends Paid | ₹417.64 Million | -0.72% |
| Share Repurchases | ₹292.27 Million | -0.51% |
| Share Issuances | ₹20.01 Billion | +34.59% |
| Other Comprehensive Income | ₹8.84 Million | +0.02% |
| Other Changes | ₹100.99 Million | +0.17% |
| Total Change | ₹- | 83.78% |
Book Value vs Market Value Analysis
This analysis compares KEI Industries Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 6.72x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 593.95x to 6.72x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-03-31 | ₹7.10 | ₹4216.50 | x |
| 2006-03-31 | ₹18.38 | ₹4216.50 | x |
| 2007-03-31 | ₹21.38 | ₹4216.50 | x |
| 2008-03-31 | ₹26.53 | ₹4216.50 | x |
| 2009-03-31 | ₹26.29 | ₹4216.50 | x |
| 2010-03-31 | ₹28.96 | ₹4216.50 | x |
| 2011-03-31 | ₹29.38 | ₹4216.50 | x |
| 2012-03-31 | ₹33.93 | ₹4216.50 | x |
| 2013-03-31 | ₹37.22 | ₹4216.50 | x |
| 2014-03-31 | ₹36.27 | ₹4216.50 | x |
| 2015-03-31 | ₹39.34 | ₹4216.50 | x |
| 2016-03-31 | ₹46.80 | ₹4216.50 | x |
| 2017-03-31 | ₹58.00 | ₹4216.50 | x |
| 2018-03-31 | ₹76.07 | ₹4216.50 | x |
| 2019-03-31 | ₹97.87 | ₹4216.50 | x |
| 2020-03-31 | ₹183.44 | ₹4216.50 | x |
| 2021-03-31 | ₹195.85 | ₹4216.50 | x |
| 2022-03-31 | ₹234.19 | ₹4216.50 | x |
| 2023-03-31 | ₹286.75 | ₹4216.50 | x |
| 2024-03-31 | ₹348.29 | ₹4216.50 | x |
| 2025-03-31 | ₹627.66 | ₹4216.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently KEI Industries Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 12.04%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 7.15%
- • Asset Turnover: 1.35x
- • Equity Multiplier: 1.25x
- Recent ROE (12.04%) is below the historical average (15.94%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | 29.84% | 4.12% | 1.45x | 4.98x | ₹55.78 Million |
| 2006 | 26.22% | 8.66% | 1.07x | 2.84x | ₹160.87 Million |
| 2007 | 26.43% | 6.65% | 0.90x | 4.41x | ₹249.58 Million |
| 2008 | 21.02% | 4.98% | 1.07x | 3.93x | ₹228.10 Million |
| 2009 | 0.63% | 0.13% | 1.25x | 3.96x | ₹-184.11 Million |
| 2010 | 6.32% | 1.59% | 1.09x | 3.65x | ₹-83.04 Million |
| 2011 | 4.44% | 0.91% | 1.21x | 4.01x | ₹-132.34 Million |
| 2012 | 10.71% | 1.43% | 1.38x | 5.43x | ₹16.20 Million |
| 2013 | 10.31% | 1.59% | 1.37x | 4.73x | ₹7.80 Million |
| 2014 | 4.25% | 0.72% | 1.30x | 4.55x | ₹-157.07 Million |
| 2015 | 11.27% | 1.68% | 1.51x | 4.43x | ₹38.65 Million |
| 2016 | 17.04% | 2.66% | 1.61x | 3.99x | ₹258.53 Million |
| 2017 | 20.31% | 3.56% | 1.39x | 4.11x | ₹475.37 Million |
| 2018 | 23.94% | 4.18% | 1.56x | 3.67x | ₹842.89 Million |
| 2019 | 23.25% | 4.27% | 1.53x | 3.55x | ₹1.03 Billion |
| 2020 | 17.00% | 5.24% | 1.50x | 2.17x | ₹1.06 Billion |
| 2021 | 15.19% | 6.45% | 1.39x | 1.70x | ₹921.51 Million |
| 2022 | 17.61% | 6.57% | 1.62x | 1.65x | ₹1.62 Billion |
| 2023 | 18.44% | 6.91% | 1.83x | 1.46x | ₹2.18 Billion |
| 2024 | 18.45% | 7.17% | 1.74x | 1.48x | ₹2.66 Billion |
| 2025 | 12.04% | 7.15% | 1.35x | 1.25x | ₹1.18 Billion |
Industry Comparison
This section compares KEI Industries Limited's net assets metrics with peer companies in the Electrical Equipment & Parts industry.
Industry Context
- Industry: Electrical Equipment & Parts
- Average net assets among peers: $8,990,537,538
- Average return on equity (ROE) among peers: 13.16%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| KEI Industries Limited (KEI) | ₹61.88 Billion | 29.84% | 0.29x | $2.97 Billion |
| Aartech Solonics Limited (AARTECH) | $246.68 Million | -0.79% | 0.21x | $4.50K |
| Apar Industries Limited (APARINDS) | $6.28 Billion | 17.42% | 4.19x | $1.83 Billion |
| Amara Raja Batteries Limited (ARE&M) | $67.99 Billion | 13.74% | 0.32x | $928.91 Million |
| Bharat Bijlee Limited (BBL) | $6.51 Billion | 2.21% | 0.60x | $216.37 Million |
| CG Power and Industrial Solutions Limited (CGPOWER) | $-842.90 Million | 0.00% | 0.00x | $5.60 Billion |
| CMI Limited (CMICABLES) | $1.75 Billion | 60.44% | 0.92x | $725.46K |
| Cords Cable Industries Limited (CORDSCABLE) | $865.72 Million | 4.84% | 1.48x | $10.04 Million |
| De Nora India Limited (DENORA) | $392.64 Million | 10.83% | 0.24x | $18.07 Million |
| Dynamic Cables Limited (DYCL) | $1.77 Billion | 17.48% | 1.27x | $46.07 Million |
| Elin Electronics Limited (ELIN) | $4.93 Billion | 5.44% | 0.49x | $33.83 Million |