KEI Industries Stock Forecast

Stock Price Forecast

According to 24 analysts polled by S&P Global, KEI Industries stock has a consensus rating of "Buy" and an average price target of ₹5,362. The average 1-year stock price forecast is 1.92% higher than the current stock price, while the lowest is ₹4,200 (-20.17%) and the highest is ₹6,670 (+26.78%).

Price Target: ₹5,362 (+1.92%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	₹4,200	₹5,362	₹5,453	₹6,670
Change	-20.17%	+1.92%	+3.64%	+26.78%

* Price targets were last updated on May 18, 2026.

Analyst Ratings

The average analyst rating for KEI Industries stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Jan '26	Feb '26	Mar '26	Apr '26	May '26	Jun '26
Strong Buy	14	14	14	14	8	8
Buy	3	4	4	4	5	5
Hold	5	5	5	5	9	9
Sell	0	0	0	0	1	1
Strong Sell	0	0	0	0	0	1
Total	22	23	23	23	23	24

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Rishabh Gupta J.P. Morgan	J.P. Morgan	Buy Maintains ₹5,700	Buy	Maintains	₹5,700	+8.34%	May 18, 2026
Unknown Analyst Geojit Research No rating	Geojit Research	Hold Maintains ₹4,735	Hold	Maintains	₹4,735	-10.00%	Feb 5, 2026

Financial Forecast

Revenue This Year

144.56B

from 117.48B

23.05%

from 117.48B

Revenue Next Year

172.26B

from 144.56B

19.16%

from 144.56B

EPS This Year

115.40

from 96.02

20.18%

from 96.02

EPS Next Year

135.72

from 115.40

17.61%

from 115.40

Fiscal Year	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Mar 31, 2022	Mar 31, 2023	Mar 31, 2024	Mar 31, 2025	Mar 31, 2026	Mar 31, 2027
Revenue	57.27B	69.08B	81.21B	97.36B	117.48B	144.56B
Revenue Growth	36.96%	20.63%	17.55%	19.89%	20.67%	23.05%
Gross Profit	13.63B	15.86B	19.05B	22.18B	27.58B	34.42B
Gross Margin	23.80%	22.95%	23.46%	22.78%	23.48%	23.81%
Operating Income	5.33B	6.47B	7.93B	9.21B	11.38B	13.98B
Net Income	3.76B	4.77B	5.81B	6.96B	9.18B	11.08B
EPS	-	-	-	-	96.02	115.40
EPS Growth	-	-	-	-	27.09%	20.18%
Forward PE	-	-	-	-	-	45.59
Dividend / Share	2.50	3.00	3.50	4.00	4.50	5.37
Dividend Growth	-	20.00%	16.67%	14.29%	12.50%	19.39%
Free Cash Flow	676.01M	2.50B	1.11B	-17.55B	1.71B	1.79B
No. Analysts	-	-	-	-	-	12

EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is INR.

Revenue Forecast

Revenue	2027	2028	2029
High	150.1B
Avg	144.6B
Low	140.4B

Revenue Growth

Revenue Growth	2027	2028	2029
High	27.8%
Avg	23.1%
Low	19.5%

EPS Forecast

EPS	2027	2028	2029
High	121.00
Avg	115.40
Low	109.00

EPS Growth

EPS Growth	2027	2028	2029
High	26.0%
Avg	20.2%
Low	13.5%