Kaycee Industries Ltd - Stock Valuation and Financial Performance

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

Kaycee Inds. Share Price

51,745.60 1014.60 2.00%
as on 14-Jun'24 16:01

DeciZen - make an informed investing decision on Kaycee Inds.

Overall Rating
M-Cap below 500cr. High Risk from low Liquidity Bole Toh

1. Quality

2. Valuation

Overvalued

3. Price Trend

Kaycee Industries stock performance -

mw4me loader
P/E Ratio (SA):
73.08
Market Cap:
328.4 Cr.
52-wk low:
10,400
52-wk high:
51,745.6

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 below 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 not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation

Value Creation Index Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
ROCE % 4.7%-5.1%0.4%5.9%9.1%3.3%10.9%6.3%12.1%19.4%-
Value Creation
Index
-0.7-1.4-1.0-0.6-0.4-0.8-0.2-0.6-0.10.4-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 25.222.42323.6252523.422.729.441.849
Sales YoY Gr.--11.1%2.6%2.7%5.9%-0%-6.4%-3%29.5%42.1%-
Adj EPS 68-179.6-4896.7178.857238.4137.4292.2548.9708.1
YoY Gr.--363.9%NANA84.9%-68.1%318.1%-42.4%112.8%87.8%-
BVPS (₹) 2,087.41,885.81,836.61,937.81,852.62,0452,237.12,339.42,611.23,115.83,754.8
Adj Net
Profit
0.4-1.1-0.30.61.10.41.50.91.93.54
Cash Flow from Ops. -1.8-10.50.9-0.12.60.71.10.71.8-
Debt/CF from Ops. -1.7-3.893.6-460.40.5000-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 5.8%10.8%21.3%42.1%
Adj EPS 26.1%25.2%32.1%87.8%
BVPS4.6%11%11.7%19.3%
Share Price 31.2% 72.1% 137.1% 318.1%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Return on
Equity %
3.8-9-2.65.19.42.911.1611.819.220.6
Op. Profit
Mgn %
3.8-3.30.20.67.83.79.45.47.410.713.9
Net Profit
Mgn %
1.7-5.1-1.32.64.51.56.53.86.38.39.1
Debt to
Equity
0.20.30.40.30.20.100000
Working Cap
Days
19424223025923820720322818214090
Cash Conv.
Cycle
1091501371541291231191411149866

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 20.60%

Sales growth is growing at healthy rate in last 3 years 21.26%

Net Profit is growing at healthy rate in last 3 years 32.05%

Sales growth is good in last 4 quarters at 16.77%

No data to display

Latest Financials - Kaycee Industries Ltd.

Standalone Consolidated
TTM EPS (₹) 708.1 249.3
TTM Sales (₹ Cr.) 48.8 23.6
BVPS (₹.) 3,754.8 0
Reserves (₹ Cr.) 23 13
P/BV 13.78 0.00
PE 73.08 207.59
From the Market
52 Week Low / High (₹) 10400.00 / 51745.60
All Time Low / High (₹) 78.79 / 50731.00
Market Cap (₹ Cr.) 328
Equity (₹ Cr.) 0.6
Face Value (₹) 100
Industry PE 106.1

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'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Sales25222324252523232942
Operating Expenses 24232323232421212737
Manufacturing Costs2233233223
Material Costs14121213141411131826
Employee Cost 5655545444
Other Costs 3333223233
Operating Profit 1-100212124
Operating Profit Margin (%) 3.8%-3.3%0.2%0.6%7.8%3.7%9.4%5.4%7.4%10.7%
Other Income 0011020011
Interest 0010000000
Depreciation 0000000000
Exceptional Items 0000000000
Profit Before Tax 1-100222135
Tax 0000011011
Profit After Tax 0-101111123
PAT Margin (%) 1.7%-5.1%-1.2%2.7%4.5%5.4%5.9%3.7%6.3%8.4%
Adjusted EPS (₹)68.0-179.0-43.4101.9178.8213.0217.4133.6294.0550.6
Dividend Payout Ratio (%)15%-3%-12%5%6%5%14%22%17%11%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23

Equity and Liabilities

Shareholders Fund 13121212121314151720
Share Capital 1111111111
Reserves 13111112111214141619
Minority Interest0000000000
Debt3443210000
Long Term Debt0000000000
Short Term Debt3443210000
Trade Payables5455534543
Others Liabilities 1221211116
Total Liabilities 23222322201920212129

Fixed Assets

Gross Block67776777813
Accumulated Depreciation3444444555
Net Fixed Assets2333233337
CWIP 1111000000
Investments 0000000000
Inventories7766433434
Trade Receivables99101011810101113
Cash Equivalents 2111233345
Others Assets1111111111
Total Assets 23222322201920212129

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Cash Flow From Operating Activity -2-101031112
PBT 1-100222135
Adjustment 0000-1-10000
Changes in Working Capital -3-000-12-1-0-2-2
Tax Paid 000000-10-1-1
Cash Flow From Investing Activity 00012-1-100-5
Capex 0-1000-1000-5
Net Investments 0000000000
Others 001120-1000
Cash Flow From Financing Activity 300-1-1-2-1-104
Net Proceeds from Shares 3000000000
Net Proceeds from Borrowing 0000000000
Interest Paid 00-10000000
Dividend Paid 0000000000
Others 010-1-1-1-1005
Net Cash Flow 2-11000-1001
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Ratios
ROE (%)3.78-9.04-2.335.49.4310.9310.165.8411.8819.23
ROCE (%)6.64-4.552.034.6412.2214.813.838.9816.3726.7
Asset Turnover Ratio1.431.151.211.061.181.281.221.121.41.65
PAT to CFO Conversion(x)N/AN/AN/A103110.50.67
Working Capital Days
Receivable Days114132132155150139139159133104
Inventory Days69958487705049574331
Payable Days127141138142135991181168550

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 14-Jun-2024 16:01 is ₹51,745.6.
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 14-Jun-2024 16:01 the market cap of Kaycee Inds. stood at ₹328.4.
The latest P/E ratio of Kaycee Inds. as of 14-Jun-2024 16:01 is 73.08.
The latest P/B ratio of Kaycee Inds. as of 14-Jun-2024 16:01 is 13.78.
The 52-week high of Kaycee Inds. is ₹51,745.6 and the 52-week low is ₹10,400.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Kaycee Inds. is ₹48.81 ( 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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