KEI Industries begins first phase of commercial production at Sanand cable plant

KEI Industries has commenced the first phase of commercial production for LT and HT cables at its new greenfield facility in Sanand-II, Ahmedabad, on December 10, 2025. The plant, part of the company’s ₹2,000-crore Sanand project, is being funded through QIP proceeds and internal accruals.

The Sanand unit, located in Ahmedabad, will produce low-tension (LT), high-tension (HT), and extra-high voltage (EHV) cables to cater to rising demand from utilities, industrial projects, and infrastructure sectors. The first phase covers LT and HT cables, with trial production already underway.

Current production capacities at the plant are 2.26 lakh km for cables, 23.89 lakh km for house wires, and 9,000 MT for stainless steel wires, with utilisation at 72.44%, 67.08%, and 82.84%, respectively. The first phase will add 60,732 km of cable capacity annually.

KEI Industries had started trial production at the Sanand facility earlier this month as part of its ongoing expansion plan announced in July and October 2025. The project strengthens the company’s manufacturing footprint and positions it to meet growing demand for power cables across India.

Q2 results

The company also reported a 31.3% year-on-year rise in net profit for Q2FY26, reaching ₹204 crore versus ₹155 crore a year earlier, slightly above Street estimates. Revenue grew 19.4% year-on-year to ₹2,726 crore, while EBITDA rose 20% to ₹269.1 crore, though it fell short of the ₹283-crore analyst forecast.

Shares of KEI Industries ended lower on Wednesday, December 10, by 3.46% at ₹3,932 on the NSE.

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