Personally I doubt that it is a keris hilt.
A ferrule like this is very, very non-typical for a keris hilt. But it could be a keris hilt, a person who was outside the mainstream may have carved and fitted it.
It looks more like nondescript knife/dagger/tool handle than a keris hilt.
If I could handle it I could form a better opinion, from a photo these things are always difficult.
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