The order book flow of the company is robust and currently it stands at Rs 2,700 crore," said Anil Gupta, Chairman & Managing Director, KEI Industries.

Gupta expect a 18-20% volume growth and said the volumes grew by 18% in the cable business in FY18.

Talking about phase one of the new facility for low tension cables at Pathredi, he said they will commence production by end of May, 2018 and phase two for higher tension cables to commence operation by February-March 2019.

The phase one will add Rs 300 crore worth of annual capacity and phase two by March 2019 will add Rs 600 crore worth of annual capacity.

For FY19, the company expect 50 bps improvement in margins to about 10%, said Gupta.

He said the company has been able to pass on the commodity price increases for newly book orders.

Currently, KEI Industries' capacity utilisation is around 90% and 15%of sales come from exports, said Gupta, adding that exports would grow 20% in FY19.

KEI Industries manufactures high and low tension cables (EHV, HT & LT), control and instrumentation cables, house wires, power cables, stainless steel wires, and electrical cables.

Its unique product range of wires and cables is known pan India and across the globe.

KEI Industries Q4FY standalone net profit rises 40.5% year-on-year (YoY) to Rs 49.60 crore.

The YoY revenue growth was up 24% at Rs 3,503 crore against Rs 2,832 crore and profit after tax was up 54% at Rs 145 crore against Rs 94 crore.

The YoY margins were up at 9.6% compared to 9.4% and EBITDA came in at Rs 338 crore against Rs 268 crore.