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    Kaycee Inds.

    Ambernath (Thane)-based manufacturer of rotary switches and electrical switchgear, a Salzer Electronics subsidiary now diversifying into EV fast-charging through an associate stake.

    Capital Goods
    Industrials

    Overview

    Price

    Market Cap

    ₹292 Cr

    Sector

    Capital Goods

    Industrials

    Rank

    Performance

    Financials

    Income Statement

    Financial Trajectories

    11
    Quarterly

    Balance Sheet

    Balance Sheet

    ₹ Cr · Annual
    Line itemFY20FY21FY22FY23FY24FY25FY26FY26
    LiabilitiesEquity Capital11111333
    Reserves1414161923262830
    Borrowings00051133
    Other Liabilities56551011911
    Total Liabilities2021212935414447
    AssetsFixed Assets333787711
    CWIP00000000
    Investments00000889
    Other Assets1718192227252827
    Total Assets2021212935414447

    Cash Flow

    Cash Flow

    ₹ Cr · Annual
    Line itemFY19FY20FY21FY22FY23FY24FY25FY26
    ActivitiesCash from Operating3111266
    Cash from Investing-1-1-0-0-5-4-4
    Cash from Financing-2-1-1-04-1-1
    SummaryCapital Expenditure
    Free Cash Flow1110-345
    FCF Margin

    Valuation

    Assumptions

    Current — 504084
    Price
    ₹886
    EPS (TTM)
    ₹15.73
    PE (TTM)
    56.3
    Profit growth
    12.7%

    The Earnings Per Share over the last 12 months.

    %

    Your assumption of the company's expected yearly EPS growth (e.g., 6 for 6%).

    Pre-filled with the lower of median (47.6×) and current (56.3×) PE — the conservative anchor.

    %

    The annualized return you aim to achieve. We solve for the price that delivers it, then compare to today's price.

    Valuation

    Current price
    ₹886
    vs
    Fair value · 15% return
    ₹598
    33%Overvalued

    At 12.7% growth and a 48× exit, ₹886 only delivers your return if you pay ₹598. The price is currently baking in 21% growth.

    EPS grows 12.7%/yr for 5 years, then fades to 6% over 2, exits at 48×.

    YearGrowthEPS (₹)
    FY2712.7%17.73
    FY2812.7%19.98
    FY2912.7%22.52
    FY3012.7%25.38
    FY3112.7%28.60
    FY329.3% ·fade31.27
    FY336.0% ·fade33.15

    Methodology: we discount normalized net profit as a proxy for owner earnings (an earnings-power approximation — not full free cash flow). Terminal growth is capped at 6% (≈ nominal GDP) regardless of the required return. This is an analytical tool, not investment advice.

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