Kaycee Industries share price & results
- Jun 2026
- Sept 2026
Ambernath (Thane)-based manufacturer of rotary switches and electrical switchgear, a Salzer Electronics subsidiary now diversifying into EV fast-charging through an associate stake.
Reported
The figures, each with its period
Each figure keeps its basis and period; nothing is filled in.
| Metric | Value | Change | Basis | Period | Note |
|---|---|---|---|---|---|
| Revenue | 15.0 | +7.8% YoY | Quarterly, as filed | Quarter to Jun 2026 | Revenue from operations as filed. |
| Operating margin | 13.1 | −1.5 pts YoY | Operating profit / revenue | Quarter to Jun 2026 | For the quarter; a change is in percentage points. |
| Net profit | 1.2 | −17.1% YoY | Quarterly, as filed | Quarter to Jun 2026 | Profit after tax as filed. |
| Return on equity | 13.21 | −7.7 pts | Trailing twelve months | TTM to Jun 2026 | Adjusted profit attributable to owners ÷ average owners’ equity. |
| Free cash flow margin | -0.65 | −10.6 pts | Fiscal year | FY ending Mar 2026 | (Operating cash flow − fixed-asset purchases + disposals) ÷ revenue. |
| Revenue growth (YoY) | 12.22 | +3.7 pts | Trailing twelve months | TTM to Jun 2026 | Revenue change against the same period one year earlier. |
Price
Performance −32.0% 1Y
1Y: ₹1,134.85 on 24 Oct 2025 → ₹771.15. High ₹1,144.6 (29 Oct 2025), low ₹663 (20 Jan 2026).
- Previous close
- ₹706
- Market cap
- ₹273 Cr
- 52-week range
- ₹663 – ₹1,144.6
- One year
- −31.95%
- Price to earnings (TTM to Jun 2026)
- 65.78×
- Return on equity (TTM to Jun 2026)
- 13.21%
Overview
- Symbol
- NSE:KAYCEEI
- Sector
- Capital Goods
- Industry
- Industrials
- Exchange
- NSE
- Currency
- INR
What Kaycee Industries Ltd. does
Based on the company's own presentations, annual report and earnings calls.
Kaycee Industries manufactures rotary switches and other electrical switchgear and allied products from its factory and sales office in Ambernath (West), Thane, Maharashtra. It operates as a subsidiary of Salzer Electronics Limited (its holding company), with which it also transacts buying/selling of products, tools and dies in the ordinary course of business. In FY25 the company acquired a 30% stake in Ultrafast Chargers Private Limited, a Bengaluru-based start-up making high-end DC fast-charging stations for electric vehicles, which became an associate entity as part of its diversification into EV charging infrastructure.
Segments
- Electrical switchgear
- EV charging infrastructure
- Manufacturing facility
- 1 factory (Ambernath West, Thane, Maharashtra)
- Associate stake — EV fast-charging
- 30% stake in Ultrafast Chargers Pvt Ltd (Bengaluru-based DC fast-charging station manufacturer)
Fundamentals
Ratios, each with its period
Current values with the period they cover; the trend reads across the 6 fiscal years held (Mar 2015 to Mar 2026).
Financials
What the filings say
Net profit, year on year: −17% (quarter to jun 2026 against jun 2025).
| Line item | Sept 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sept 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Sales | 13 | 12 | 15 | 14 | 15 | 14 | 17 | 15 |
| Expenses | 11 | 10 | 13 | 12 | 13 | 12 | 15 | 13 |
| Operating profit | 2 | 2 | 3 | 2 | 2 | 2 | 2 | 2 |
| Operating margin | 16.1% | 13.9% | 17.2% | 14.6% | 14.9% | 14.3% | 9.0% | 13.1% |
| Other income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 2 | 1 | 3 | 2 | 2 | 2 | 1 | 2 |
| Tax rate | 24.0% | 26.5% | 25.2% | 26.3% | 25.0% | 30.1% | 28.0% | 31.4% |
| Net profit | 2 | 1 | 2 | 1 | 2 | 1 | 1 | 1 |
| EPS (₹ per share) | 4.85 | 3.06 | 5.89 | 4.41 | 4.73 | 3.88 | 2.71 | 3.66 |
| Line item | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| Sales | 42 | 49 | 53 | 60 |
| Expenses | 37 | 42 | 45 | 52 |
| Operating profit | 5 | 7 | 9 | 8 |
| Other income | 1 | 1 | 1 | 1 |
| Interest | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 1 | 1 | 1 |
| Profit before tax | 5 | 6 | 8 | 7 |
| Net profit | 3 | 4 | 6 | 5 |
| Line item | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sept 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Equity capital | 1 | 1 | 1 | 3 | 3 | 3 |
| Reserves | 16 | 19 | 23 | 26 | 28 | 30 |
| Borrowings | 0 | 5 | 1 | 1 | 3 | 1 |
| Other liabilities | 5 | 5 | 10 | 11 | 9 | 13 |
| Total liabilities | 21 | 29 | 35 | 41 | 44 | 47 |
| Fixed assets | 3 | 7 | 8 | 7 | 7 | 11 |
| Capital work in progress | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 8 | 8 | 9 |
| Other assets | 19 | 22 | 27 | 25 | 28 | 27 |
| Total assets | 21 | 29 | 35 | 41 | 44 | 47 |
| Line item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Cash from operations | 1 | 1 | 2 | 6 | 6 | 5 |
| Cash from investing | -0 | -0 | -5 | -4 | -4 | -4 |
| Cash from financing | -1 | -0 | 4 | -1 | -1 | -2 |
| Net cash flow | 0 | 0 | 1 | 1 | -0 | -1 |
| Free cash flow | 1 | 0 | -3 | 4 | 5 | -0 |
| Line item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Debtor days | 165 | 139 | 111 | 105 | 112 | 109 |
| Inventory days | 99 | 67 | 52 | 47 | 44 | 62 |
| Days payable | 126 | 76 | 48 | 60 | 67 | 83 |
| Cash conversion cycle | 137 | 130 | 115 | 92 | 88 | 88 |
| Working capital days | 139 | 128 | 105 | 86 | 86 | 86 |
| Return on capital employed | 7.8% | 16.2% | 23.6% | 26.1% | 30.6% | 22.6% |
| Dividend payout | 22.2% | 16.8% | 10.8% | 14.0% | 10.8% | 12.7% |
What the price assumes
Growth trapTo justify its price of ₹771, this stock must grow earnings at 32% every year for 7 years. Our analysis caps realistic growth at ~11%. At that growth it is worth ₹259 — downside of 66%.
- Growth the price implies
- 32.0% a year
- for 7 years, fading to 4%
- It has actually compounded at
- 12.7% a year
- net profit, FY23–FY26 · EPS 10.6%
- The gap
- 0.2 pp
- -66% downside if it only repeats history
Ownership
Who owns it
Promoters hold 71.70% as of Sept 2026; institutions added 0.00 pts since Jun 2026.
- Promoters 71.70%
- Domestic institutions 0.02%
- Government 0.00%
- Public 28.28%
Who bought this quarter
since Jun 2026
Disclosed holders that added to a position or appeared on the register for the first time, biggest addition first.
- newly disclosed 4.55% held
- newly disclosed 1.05% held
The same filing shows 1 holder trimming and 1 off the list — both are in the register beside this.
Who is on the register
Named in the Sep 2026 filing
Every holder of Kaycee Industries Ltd. above SEBI's 1% disclosure line, and what changed since Jun 2026.
| Holder | Stake | Change |
|---|---|---|
| 71.70% | unchanged | |
| 4.55% | newly disclosed | |
| 1.18% | −0.08 pp | |
| 1.05% | newly disclosed | |
| — | off the list |
A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.
Your own record
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