Kundan Edifice Ltd
Incorporated in 2010, Kundan Edifice Limited is engaged in the business of manufacturing, assembly, and sale of light-emitting diode ("LED") strip lights[1]
- Market Cap ₹ 97.6 Cr.
- Current Price ₹ 95.0
- High / Low ₹ 148 / 61.0
- Stock P/E 11.1
- Book Value ₹ 43.7
- Dividend Yield 0.00 %
- ROCE 23.0 %
- ROE 21.6 %
- Face Value ₹ 10.0
Pros
- Company has delivered good profit growth of 188% CAGR over last 5 years
- Company has a good return on equity (ROE) track record: 3 Years ROE 25.6%
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
* 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
Consumer Discretionary Consumer Durables Consumer Durables Consumer Electronics
Part of Nifty SME Emerge
Half Yearly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|
| 2 | 7 | 6 | 15 | 32 | 60 | 83 | 97 | 105 | |
| 3 | 7 | 6 | 13 | 29 | 51 | 75 | 81 | 88 | |
| Operating Profit | -1 | 0 | 0 | 2 | 3 | 9 | 8 | 15 | 17 |
| OPM % | -58% | 4% | 5% | 11% | 9% | 14% | 9% | 16% | 16% |
| 0 | 0 | 0 | -0 | 0 | 0 | 0 | 0 | 1 | |
| Interest | 0 | 0 | 0 | 1 | 1 | 1 | 2 | 3 | 4 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 2 | 3 |
| Profit before tax | -1 | 0 | 0 | 1 | 2 | 7 | 4 | 11 | 11 |
| Tax % | 0% | 0% | 0% | 5% | 4% | 27% | 31% | 25% | |
| -1 | 0 | 0 | 1 | 2 | 5 | 3 | 8 | 9 | |
| EPS in Rs | -13,400.00 | 4.00 | 1.45 | 25.67 | 56.00 | 6.79 | 2.92 | 7.65 | 8.54 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 72% |
| 3 Years: | 44% |
| TTM: | 16% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 188% |
| 3 Years: | 67% |
| TTM: | 167% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | -7% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 28% |
| 3 Years: | 26% |
| Last Year: | 22% |
Balance Sheet
Figures in Rs. Crores
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 0.01 | 3 | 3 | 3 | 3 | 8 | 10 | 10 | 10 |
| Reserves | -3 | -2 | -2 | -2 | -0 | 1 | 22 | 30 | 35 |
| 4 | 3 | 6 | 7 | 9 | 14 | 18 | 28 | 32 | |
| 1 | 2 | 2 | 3 | 7 | 7 | 7 | 12 | 22 | |
| Total Liabilities | 2 | 5 | 8 | 12 | 19 | 30 | 58 | 81 | 100 |
| 0 | 1 | 1 | 2 | 5 | 6 | 13 | 22 | 22 | |
| CWIP | 0 | 0 | 1 | 0 | 0 | 1 | 2 | 3 | 3 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 2 | 4 | 6 | 9 | 14 | 23 | 43 | 56 | 74 | |
| Total Assets | 2 | 5 | 8 | 12 | 19 | 30 | 58 | 81 | 100 |
Cash Flows
Figures in Rs. Crores
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|
| -1 | -1 | -2 | 0 | 2 | -2 | -10 | 5 | |
| -0 | -0 | -2 | -1 | -3 | -3 | -9 | -15 | |
| 1 | 1 | 3 | 1 | 1 | 4 | 23 | 7 | |
| Net Cash Flow | 0 | -0 | 0 | 0 | -0 | 0 | 3 | -2 |
| Free Cash Flow | -1 | -1 | -3 | -1 | -1 | -4 | -19 | -7 |
| CFO/OP | 119% | -372% | -497% | 12% | 69% | -16% | -113% | 49% |
Ratios
Figures in Rs. Crores
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|
| Debtor Days | 123 | 47 | 44 | 35 | 22 | 27 | 36 | 33 |
| Inventory Days | 111 | 180 | 302 | 213 | 140 | 156 | 154 | 186 |
| Days Payable | 81 | 108 | 149 | 103 | 106 | 39 | 34 | 54 |
| Cash Conversion Cycle | 153 | 119 | 197 | 145 | 56 | 144 | 157 | 166 |
| Working Capital Days | 169 | 99 | 88 | 55 | 21 | 35 | 86 | 69 |
| ROCE % | 10% | 5% | 19% | 23% | 46% | 18% | 23% |
Insights
In beta| Mar 2022 | Mar 2023 | Mar 2024 | Sep 2025 | |
|---|---|---|---|---|
| Trade Receivables Turnover Times |
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| Installed Production Capacity (LED Strips) Lakh Meters per Annum |
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| HV Product Capacity P.A. Nos |
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| LV Product Capacity P.A. Nos |
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| Manufacturing Facility Area Square Feet |
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| Number of Employees Number |
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| SMT Installed Capacity P.A. Meters |
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| Number of Clients Number |
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Extracted by Screener AI
Documents
Announcements
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Shareholders meeting
13 May 2026 - EGM held on 13 May 2026 for company name change to Visdem Technosys Limited and office shift.
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Updates
12 May 2026 - Kundan Edifice aligned payroll and compensation practices with applicable wage-related labour codes.
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Updates
11 May 2026 - Kundan Edifice developed PVC neon extrusion profiles for rope lights; pilot production and commercial evaluation underway.
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Updates
9 May 2026 - Kundan Edifice placed a soldering machine order to bring power supply component manufacturing in-house.
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Updates
8 May 2026 - Kundan Edifice improved FG storage, FIFO controls, and deployed automated lifter trolleys at its facility.
Annual reports
Concalls
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Apr 2026TranscriptPPT
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Mar 2026TranscriptPPT
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Mar 2026TranscriptPPT
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Nov 2025TranscriptAI SummaryPPT
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Nov 2025TranscriptAI SummaryPPT
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Oct 2025TranscriptAI SummaryPPT
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Jun 2025TranscriptAI SummaryPPT
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Jun 2024TranscriptAI SummaryPPT
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Jun 2024TranscriptAI SummaryPPT
Business Profile[1] Kundan Edifice is an original design manufacturer ("ODM"); they design, develop, manufacture, and supply products to customers who then further distribute them under their brands. The company also provides custom products.