Kaycee Industries Ltd
Incorporated in 1942, Kaycee Industries Ltd manufacturers Industrial Electrical switches, Mechanical Counters, Electrical Components, etc.
- Market Cap ₹ 412 Cr.
- Current Price ₹ 1,298
- High / Low ₹ 4,897 / 800
- Stock P/E 70.1
- Book Value ₹ 91.5
- Dividend Yield 0.15 %
- ROCE 27.2 %
- ROE 22.2 %
- Face Value ₹ 10.0
Pros
- Company has delivered good profit growth of 30.9% CAGR over last 5 years
Cons
- Stock is trading at 14.2 times its book value
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Industrials Capital Goods Electrical Equipment Other Electrical Equipment
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
24.66 | 21.86 | 22.39 | 23.44 | 24.87 | 25.02 | 23.43 | 22.70 | 29.15 | 41.52 | 48.56 | 53.20 | |
23.71 | 22.61 | 22.34 | 23.30 | 22.92 | 24.08 | 21.02 | 21.48 | 26.69 | 36.76 | 41.78 | 44.57 | |
Operating Profit | 0.95 | -0.75 | 0.05 | 0.14 | 1.95 | 0.94 | 2.41 | 1.22 | 2.46 | 4.76 | 6.78 | 8.63 |
OPM % | 3.85% | -3.43% | 0.22% | 0.60% | 7.84% | 3.76% | 10.29% | 5.37% | 8.44% | 11.46% | 13.96% | 16.22% |
0.37 | 0.32 | 0.61 | 0.91 | 0.14 | 1.54 | -0.01 | 0.50 | 0.44 | 0.58 | 0.63 | 0.74 | |
Interest | 0.33 | 0.47 | 0.53 | 0.45 | 0.31 | 0.16 | 0.07 | 0.07 | 0.07 | 0.06 | 0.41 | 0.37 |
Depreciation | 0.37 | 0.30 | 0.34 | 0.33 | 0.27 | 0.38 | 0.42 | 0.41 | 0.33 | 0.49 | 1.05 | 1.13 |
Profit before tax | 0.62 | -1.20 | -0.21 | 0.27 | 1.51 | 1.94 | 1.91 | 1.24 | 2.50 | 4.79 | 5.95 | 7.87 |
Tax % | 29.03% | -5.00% | 28.57% | -137.04% | 25.17% | 29.90% | 27.75% | 32.26% | 25.20% | 26.93% | 24.37% | 25.41% |
0.43 | -1.14 | -0.28 | 0.65 | 1.13 | 1.35 | 1.38 | 0.85 | 1.87 | 3.49 | 4.49 | 5.88 | |
EPS in Rs | 1.43 | -3.80 | -0.93 | 2.17 | 3.77 | 4.50 | 4.60 | 2.83 | 6.23 | 11.63 | 14.97 | 18.53 |
Dividend Payout % | 14.65% | -2.76% | -11.25% | 4.85% | 5.58% | 4.67% | 13.70% | 22.24% | 16.84% | 10.83% | 14.03% | 10.78% |
Compounded Sales Growth | |
---|---|
10 Years: | 9% |
5 Years: | 18% |
3 Years: | 22% |
TTM: | 10% |
Compounded Profit Growth | |
---|---|
10 Years: | 22% |
5 Years: | 31% |
3 Years: | 47% |
TTM: | 31% |
Stock Price CAGR | |
---|---|
10 Years: | 47% |
5 Years: | 86% |
3 Years: | 153% |
1 Year: | -32% |
Return on Equity | |
---|---|
10 Years: | 13% |
5 Years: | 17% |
3 Years: | 21% |
Last Year: | 22% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 0.63 | 0.63 | 0.63 | 0.63 | 0.63 | 0.63 | 0.63 | 0.63 | 0.63 | 0.63 | 0.63 | 3.17 |
Reserves | 12.61 | 11.33 | 11.02 | 11.66 | 11.12 | 12.34 | 13.56 | 14.21 | 15.94 | 19.14 | 23.20 | 25.86 |
3.01 | 3.76 | 4.22 | 3.27 | 2.48 | 1.07 | 0.35 | 0.00 | 0.00 | 4.58 | 4.13 | 3.63 | |
6.61 | 6.00 | 6.77 | 6.99 | 6.35 | 4.59 | 5.42 | 5.85 | 4.89 | 4.81 | 6.73 | 8.06 | |
Total Liabilities | 22.86 | 21.72 | 22.64 | 22.55 | 20.58 | 18.63 | 19.96 | 20.69 | 21.46 | 29.16 | 34.69 | 40.72 |
2.46 | 2.80 | 2.86 | 2.67 | 2.28 | 3.27 | 2.98 | 2.76 | 2.81 | 7.41 | 7.89 | 7.34 | |
CWIP | 1.48 | 1.48 | 1.48 | 1.48 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Investments | 0.01 | 0.01 | 0.01 | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.03 | 8.30 |
18.91 | 17.43 | 18.29 | 18.39 | 18.30 | 15.36 | 16.98 | 17.93 | 18.65 | 21.75 | 26.77 | 25.08 | |
Total Assets | 22.86 | 21.72 | 22.64 | 22.55 | 20.58 | 18.63 | 19.96 | 20.69 | 21.46 | 29.16 | 34.69 | 40.72 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-1.75 | -0.99 | 0.47 | 0.90 | -0.05 | 2.60 | 0.67 | 1.13 | 0.73 | 1.76 | 6.17 | 5.86 | |
0.04 | -0.43 | 0.19 | 0.63 | 1.66 | -1.00 | -0.64 | -0.28 | -0.22 | -5.34 | -4.27 | -4.40 | |
3.26 | 0.21 | -0.11 | -1.19 | -1.14 | -1.64 | -0.86 | -0.61 | -0.26 | 4.20 | -1.24 | -1.50 | |
Net Cash Flow | 1.55 | -1.21 | 0.55 | 0.33 | 0.46 | -0.04 | -0.84 | 0.23 | 0.25 | 0.62 | 0.66 | -0.04 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 137.80 | 151.78 | 168.07 | 152.45 | 157.62 | 120.65 | 148.31 | 164.65 | 139.36 | 111.12 | 105.08 | 111.42 |
Inventory Days | 176.68 | 200.13 | 173.10 | 150.87 | 109.53 | 70.32 | 115.63 | 98.85 | 66.99 | 52.06 | 46.50 | 43.89 |
Days Payable | 139.12 | 124.18 | 150.67 | 147.31 | 125.86 | 80.18 | 129.71 | 126.23 | 75.98 | 47.76 | 59.71 | 67.37 |
Cash Conversion Cycle | 175.36 | 227.73 | 190.51 | 156.01 | 141.29 | 110.78 | 134.23 | 137.27 | 130.38 | 115.42 | 91.86 | 87.95 |
Working Capital Days | 117.67 | 126.40 | 109.55 | 94.36 | 99.95 | 90.89 | 126.96 | 139.09 | 128.47 | 104.52 | 85.84 | 87.00 |
ROCE % | 6.67% | -4.57% | 1.77% | 4.58% | 12.22% | 14.86% | 15.19% | 7.83% | 16.24% | 23.61% | 24.28% | 27.19% |
Documents
Announcements
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Annual Report And Notice Of 82Nd Annual General Meeting
4h - Kaycee Industries FY25 Annual Report, 82nd AGM notice, Rs2 dividend, related party transaction approval.
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Letter To Shareholders For Annual Report And Notice Of 82Nd Annual General Meeting
4h - Dispatched letters to shareholders about FY25 Annual Report and 82nd AGM on August 29, 2025.
- Reg. 34 (1) Annual Report. 4h
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Announcement under Regulation 30 (LODR)-Resignation of Director
28 Jul - Resignation of Independent Director and Chairman Mr. N Rangachary effective 1 Aug 2025 due to age.
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Board Meeting Intimation for Meeting To Be Held On August 01, 2025
9 Jul - Board meeting on Aug 1 to approve Q1 FY26 results; trading window closed from June 1 till 48 hours post results.
Annual reports
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Financial Year 2010
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Business Overview
The company is a subsidiary of Salzer Electronics, a key player in the Electrical Solutions industry, and has pioneered technology leadership for over 30 years in India. Kaycee is a leading manufacturer of electrical products and solutions provider to various industry sectors like the Power sector, Panel builders, Machine tool manufacturers, Telecom, Renewables, etc. Incorporated in 1942, It is known to be the first Indian manufacturer of rotary switches [1]