Dolat Capital: KEI Industries Delivers Good Q2; Increased Focus On Retail  

Dolat Capital: KEI Industries Delivers Good Q2; Increased Focus On Retail

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Dolat Capital Report

KEI Industries Ltd. saw revenues in line with estimates but Ebitda and profit after tax came in better then estimates led by gross margin expansion of 141 basis points.

The pending order book was Rs 26.6 billion at the end of H1 FY21, compared to Rs 29.5 billion at the end of Q1, a conscious decline in order book as the company is trying to reduce its engineering, procurement and construction print and focus on retail instead.

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Dolat Capital KEI Industries Q2FY21 Result Update.pdf
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