Visdem Technosys Ltd
Incorporated in 2010, Kundan Edifice Ltd is a manufacturer and supplier of flexible LED Strip lights, LED neon lights and smart strip solutions.[1]
- Market Cap ₹ 87.3 Cr.
- Current Price ₹ 85.0
- High / Low ₹ 133 / 61.0
- Stock P/E 11.2
- Book Value ₹ 46.7
- Dividend Yield 0.00 %
- ROCE 19.1 %
- ROE 17.6 %
- Face Value ₹ 10.0
Pros
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Debtor days have increased from 39.5 to 48.7 days.
* 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 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| 2 | 7 | 6 | 15 | 32 | 60 | 83 | 97 | 105 | |
| 3 | 7 | 6 | 13 | 29 | 51 | 75 | 81 | 89 | |
| Operating Profit | -1 | 0 | 0 | 2 | 3 | 9 | 8 | 15 | 16 |
| OPM % | -58% | 3.9% | 5% | 11% | 9% | 14% | 9% | 16% | 16% |
| 0 | 0 | 0 | -0 | 0 | 0 | 0 | 0 | 0 | |
| Interest | 0 | 0 | 0 | 1 | 1 | 1 | 2 | 3 | 4 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 2 | 2 |
| Profit before tax | -1 | 0 | 0 | 1 | 2 | 7 | 4 | 11 | 10 |
| Tax % | 0% | 0% | 0% | 5% | 4% | 27% | 31% | 25% | 25% |
| -1 | 0 | 0 | 1 | 2 | 5 | 3 | 8 | 8 | |
| EPS in Rs | -13,400.00 | 4.00 | 1.45 | 25.67 | 56.00 | 6.79 | 2.92 | 7.65 | 7.56 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 48% |
| 3 Years: | 21% |
| TTM: | 9% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 55% |
| 3 Years: | 15% |
| TTM: | -1% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | -14% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 23% |
| 3 Years: | 18% |
| Last Year: | 18% |
Balance Sheet
Figures in Rs. Crores
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 0.01 | 3 | 3 | 3 | 3 | 8 | 10 | 10 | 10 |
| Reserves | -3 | -2 | -2 | -2 | -0 | 1 | 22 | 30 | 38 |
| 4 | 3 | 6 | 7 | 9 | 14 | 18 | 28 | 35 | |
| 1 | 2 | 2 | 3 | 7 | 7 | 7 | 12 | 17 | |
| Total Liabilities | 2 | 5 | 8 | 12 | 19 | 30 | 58 | 81 | 100 |
| 0 | 1 | 1 | 2 | 5 | 6 | 13 | 22 | 25 | |
| 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 | 72 | |
| 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 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| -1 | -1 | -2 | 0 | 2 | -2 | -10 | 5 | 3 | |
| -0 | -0 | -2 | -1 | -3 | -3 | -9 | -15 | -6 | |
| 1 | 1 | 3 | 1 | 1 | 4 | 23 | 7 | 3 | |
| Net Cash Flow | 0 | -0 | 0 | 0 | -0 | 0 | 3 | -2 | -1 |
| Free Cash Flow | -1 | -1 | -3 | -1 | -1 | -4 | -19 | -7 | -3 |
| CFO/OP | 119% | -372% | -497% | 12% | 69% | -16% | -113% | 49% | 31% |
Ratios
Figures in Rs. Crores
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 123 | 47 | 44 | 35 | 22 | 27 | 36 | 33 | 49 |
| Inventory Days | 111 | 180 | 302 | 213 | 140 | 156 | 154 | 186 | 236 |
| Days Payable | 81 | 108 | 149 | 103 | 106 | 39 | 34 | 54 | 76 |
| Cash Conversion Cycle | 153 | 119 | 197 | 145 | 56 | 144 | 157 | 166 | 210 |
| Working Capital Days | 169 | 99 | 88 | 55 | 21 | 35 | 86 | 69 | 78 |
| ROCE % | 10% | 5% | 19% | 23% | 46% | 18% | 23% | 19% |
Insights
In beta| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Installed Capacity - LED Strip (SMT) meters per annum |
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| Number of Clients count |
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| Number of Employees (Total) count |
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| Repeat Customer Revenue % % |
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| Installed Capacity - HV Flex Nos per annum |
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| Installed Capacity - LV Flex Nos per annum |
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Extracted by Screener AI
Documents
Announcements
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Updates
- Visdem Technosys Limited has informed regarding_Intimation under Regulation 30 - Resignation of Chief Financial Officer (Key Managerial Personnel) of the Company'.
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Trading Window
- Trading window closes from 1 Oct 2026 until 48 hours after H1 FY2026 results.
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Updates
- Q1 revenue ~₹22 crore, up 40% YoY; expects ₹65 crore half-year topline and 50-60% FY27 growth.
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Address Change
- Registered office shifted within Maharashtra from Vasai East to Malad West, effective 18 September 2026.
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Updates
- Investor summit scheduled for 10 September 2026 could not be held due to technical issues.
Annual reports
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Annual Report 2025
from nse
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Annual Report 2024
from nse
Concalls
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Aug 2026Transcript REC
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Jun 2026Transcript PPT
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Apr 2026Transcript
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Mar 2026Transcript
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Mar 2026Transcript
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Nov 2025PPT
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Nov 2025PPT
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Oct 2025PPT
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Jun 2025PPT
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Jun 2024PPT
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Jun 2024PPT
Business Overview:[1]
KEL started its business as a flexible LED strip manufacturer and is currently working
as a OEM /ODM partner in the electronics and lighting solution space. The company provides end-to-end product capabilities from design and prototyping to manufacturing, assemble, and sales, etc.