Kaycee Industries Ltd - Stock Valuation and Financial Performance

BSE: 504084 | NSE: | Electric Equipment | Small Cap

Kaycee Inds. Share Price

1,896.90 -38.70 -2.00%
as on 20-Dec'24 16:59

DeciZen - make an informed investing decision on Kaycee Inds.

Overall Rating
Bole Toh

1. Quality

2. Valuation

Overvalued

3. Price Trend

Kaycee Industries stock performance -

mw4me loader
P/E Ratio (SA):
106.13
Market Cap:
602 Cr.
52-wk low:
308
52-wk high:
4,897.2

Is Kaycee Industries Ltd an attractive stock to invest in?

1. Is Kaycee Industries Ltd a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Kaycee Industries Ltd is a average quality company.

2. Is Kaycee Industries Ltd undervalued or overvalued?

The key valuation ratios of Kaycee Industries Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.

3. Is Kaycee Industries Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Kaycee Industries Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of Kaycee Inds.:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Kaycee Industries Ltd has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good

Value Creation

Value Creation Index Colour Code Guide

Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
ROCE % -4.6%2%4.6%12.2%14.8%13.8%9%16.4%26.7%29.2%-
Value Creation
Index
-1.3-0.9-0.7-0.10.10.0-0.40.20.91.1-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 22.42323.6252523.422.729.441.848.852
Sales YoY Gr.-2.6%2.7%5.9%-0%-6.4%-3%29.5%42.1%16.8%-
Adj EPS -3.6-11.93.61.14.82.85.81114.117.9
YoY Gr.-NANA85.5%-68.2%318.4%-42.4%112.4%88%28.6%-
BVPS (₹) 37.736.738.837.140.944.746.852.262.375.182.7
Adj Net
Profit
-1.1-0.30.61.10.41.50.91.93.54.56
Cash Flow from Ops. -10.50.9-0.12.60.71.10.71.86.2-
Debt/CF from Ops. -3.893.6-460.40.50000-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 9%14.3%29%16.8%
Adj EPS NA65.4%72.5%28.6%
BVPS8%12.9%17.1%20.5%
Share Price 39.6% 93.7% 196.9% 474.5%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
Return on
Equity %
-9-2.65.19.42.911.1611.819.220.622.7
Op. Profit
Mgn %
-3.30.20.67.83.79.45.47.410.713.915.7
Net Profit
Mgn %
-5.1-1.32.64.51.56.53.86.38.39.211
Debt to
Equity
0.30.40.30.20.1000000
Working Cap
Days
24223025923820720322818214013493
Cash Conv.
Cycle
150137154129123119141114989069

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 22.70%

Sales growth is growing at healthy rate in last 3 years 29.03%

Net Profit is growing at healthy rate in last 3 years 72.52%

Sales growth is good in last 4 quarters at 16.22%

No data to display

Latest Financials - Kaycee Industries Ltd.

Standalone Consolidated
TTM EPS (₹) 17.9 5
TTM Sales (₹ Cr.) 51.7 23.6
BVPS (₹.) 82.7 0
Reserves (₹ Cr.) 26 13
P/BV 22.94 0.00
PE 106.13 380.49
From the Market
52 Week Low / High (₹) 308.00 / 4897.15
All Time Low / High (₹) 1.58 / 4897.15
Market Cap (₹ Cr.) 602
Equity (₹ Cr.) 3.2
Face Value (₹) 10
Industry PE 91.8

Management X-Ray of Kaycee Inds.:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Kaycee Inds.

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Sales22232425252323294249
Operating Expenses 23232323242121273742
Manufacturing Costs2332332234
Material Costs12121314141113182630
Employee Cost 6555454444
Other Costs 3332232333
Operating Profit -1002121247
Operating Profit Margin (%) -3.3%0.2%0.6%7.8%3.7%9.4%5.4%7.4%10.7%13.9%
Other Income 0110200111
Interest 0100000000
Depreciation 0000000001
Exceptional Items 0000000000
Profit Before Tax -1002221356
Tax 0000110111
Profit After Tax -1011111234
PAT Margin (%) -5.1%-1.2%2.7%4.5%5.4%5.9%3.7%6.3%8.4%9.2%
Adjusted EPS (₹)-3.6-0.92.03.64.34.42.75.911.014.2
Dividend Payout Ratio (%)-3%-12%5%6%5%14%22%17%11%3%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24

Equity and Liabilities

Shareholders Fund 12121212131415172024
Share Capital 1111111111
Reserves 11111211121414161923
Minority Interest0000000000
Debt4432100000
Long Term Debt0000000000
Short Term Debt4432100000
Trade Payables4555345435
Others Liabilities 2212111166
Total Liabilities 22232220192021212935

Fixed Assets

Gross Block777677781314
Accumulated Depreciation4444445556
Net Fixed Assets3332333378
CWIP 1110000000
Investments 0000000000
Inventories7664334344
Trade Receivables910101181010111314
Cash Equivalents 1112333458
Others Assets1111111111
Total Assets 22232220192021212935

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Cash Flow From Operating Activity -1010311126
PBT -1002221356
Adjustment 000-1-100001
Changes in Working Capital -000-12-1-0-2-20
Tax Paid 00000-10-1-1-1
Cash Flow From Investing Activity 0012-1-100-5-4
Capex -1000-1000-5-2
Net Investments 000000000-3
Others 01120-10000
Cash Flow From Financing Activity 00-1-1-2-1-104-1
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing 0000000000
Interest Paid 0-100000000
Dividend Paid 0000000000
Others 10-1-1-1-10050
Net Cash Flow -11000-10011
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Ratios
ROE (%)-9.04-2.335.49.4310.9310.165.8411.8819.2320.61
ROCE (%)-4.552.034.6412.2214.813.838.9816.3726.729.17
Asset Turnover Ratio1.151.211.061.181.281.221.121.41.651.53
PAT to CFO Conversion(x)N/AN/A103110.50.671.5
Working Capital Days
Receivable Days132132155150139139159133104100
Inventory Days95848770504957433128
Payable Days14113814213599118116855051

Kaycee Industries Ltd Stock News

Kaycee Industries Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Kaycee Inds. on 20-Dec-2024 16:59 is ₹1,896.9.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 20-Dec-2024 16:59 the market cap of Kaycee Inds. stood at ₹602.0.
The latest P/E ratio of Kaycee Inds. as of 20-Dec-2024 16:59 is 106.1.
The latest P/B ratio of Kaycee Inds. as of 20-Dec-2024 16:59 is 22.94.
The 52-week high of Kaycee Inds. is ₹4,897.2 and the 52-week low is ₹308.0.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Kaycee Inds. is ₹51.67 ( Cr.) .

About Kaycee Industries Ltd

Kaycee Industries, a Mumbai-based company, has a history of more than 60 years leading the electric industry by way of showing new products & new applications. Kaycee Industries is an integral part of CMS Computers Ltd., one of the largest IT firms in India. Kaycee is the leading provider of electrical and electronic components in India for the last 61 years. Kaycee provides service to a wide gamut of industries.

It manufactures limit switch, rotary switch, cam switch, micro switch, toggle switch, on load change-over switch, breaker control switch, push button switches and allied products.

Kaycee is one of the few BSE/ NSE listed electric company having more than 53% stake holding by CMS Group. CMS is a leading IT group having present turnover of more than Rs. 750 C. CMS is a well famous name for providing System Integration & Networking solutions. Further it also offers complete solution for Traffic & Power management.

Kaycee has manufacturing facility located in Mumbai where highly motivated and skilled workforce of around 150 people delivers the products as needed by customer. Its present turnover is more than Rs 165 million ($ 4.1M)with a forecast of Rs. 500 million in next 5 years.

Product range of the company includes:

  • Rotary Switches
  • Cam & Breaker Control Switches
  • Micro & Toggle Switches
  • Limit SwitchesCounters- Stroke counter               -Senior Revolution Counters               -Measuring Machines               -Predetermined Counters               -Road Measures
  • Fuse Fittings
  • Rotary Toggle Switches
  • Time Totalizers
  • Water Meters
  • Panel Meters-Analogue meter                     -Digital Panel meter                     -Multifunction meter                     -Power analyser                     -Transducer

Their new line of panel instruments includes.

  • Analogue Meters – They have both Moving Iron & Moving Coil Type complete line of meters of sizes from 48X48mm & largest being 144X144 mm.
  • Digital Panel Meters - Here also they had launched both 48X96 & 96X96 mm meters. They had lead in this line with having special meters with limit facility enabling user not only to know the reading but it would also indicate whether displayed reading is within set limits or not. All their digital panel meters are TRUE RMS type. They do have communication facility in same.
  • Multifunction Meters - Besides simple VAF meters they do have advanced meter with bar graph indication for load enabling user to know its loading factor against set limits. All communication facilities are available so that data can be downloaded for analysis.
  • Power Analysers - They have also launched high end power analyzers with accuracy class of 0.5% enabling users to get highly accurate reading. Transducers - along with these meters they are also providing its support products like Current Transformers, Shunts, Transducers etc

Achievements/ recognition:

  • First time in India KAYCEE had introduced Rotary Switches thirty years back, same is the case with newer 'CAM' technology.
  • Kaycee is only company who has complete range of micro & Toggle Switches.
  • It has widest types of counters & their associated precision measuring machines like Textile Counters, Road Measurer, Water Meters etc.
  • KAYCEE Micro switches and cam switches have surpassed what is globally considered to be the ultimate examination and testing of devices, systems and materials by UL (Underwriters Laboratories USA.).
  • Kaycee has also been accredited with ISO 9001:2000 certification by UL.
  • Most of their products have approvals from special Government agencies like Railways (RDSO), Defense approvals like CSE, JEE etc.
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