Kaycee Industries (BSE: KAYCEEI) had a P/E of 58.6× on 6 Nov 2026, above the industry P/E of 30.0×, and the shares are 35% below their 52-week high. Sales and net profit grew 13% and 8.0% a year over 3 years, with ROCE of 20% and ROE of 14%. It carries very little debt, and its dividend yield is 0.3%. It is a small-cap company with a market cap of ₹243 Cr, ranked 66th of 97 Electrical Equipment & Parts companies by market cap; the shares fell 30% over the past year.
- ₹768.00
- ₹789.00
- ₹745.00
- ₹768.00
- 57
Health check
- ReturnsBehind
−30.2% over a year, better than 0 of 7 peers.
- Price tagPricier
P/E 58.6 vs industry 30.0.
- GrowthSlow
Sales +12.9%, profit +8.0% a year over 3 years.
- ProfitabilityAverage
ROCE 19.7% vs peer median 22.1%.
- Balance sheetFair
Debt 0.09× equity, interest covered 20.6×, Piotroski 5 of 9.
- Red flags3 to check
Quarterly profit down 19.9% on a year ago.
Small cap
Moves with the market
Key metrics
- Market cap
- ₹243 Cr
- Small cap
- P/E
- 58.6
- Industry 30.0
- Price to book
- 7.30
- Peers 7.24
- Dividend yield
- 0.26%
- ROE
- 14.0%
- Peers 18.0%
- ROCE
- 19.7%
- Peers 22.1%
- Debt to equity
- 0.09
- Debt ₹3.05 Cr
- EPS (TTM)
- ₹13.09
- OPM (TTM)
- 12.7%
- Net margin 6.8%
- Sales growth
- +7.9%
- Latest quarter vs a year ago
- Profit growth
- −19.9%
- Latest quarter vs a year ago
- Price to sales
- 3.98
- EV/EBITDA 30.8
Strengths and risks
Strengths
- Practically debt-free.
- Positive operating cash flow in each of the last 4 years.
Risks to check
- Quarterly profit down 19.9% on a year ago.
- P/E of 58.6 against an industry P/E of 30.0.
- 35% below its 52-week high.
About Kaycee Industries
Kaycee Industries Limited manufactures and trades in electrical installation products in India. The company operates in two segments: Manufacturing and Trading. It offers lugs rotary, toggle, limit, new cam, rotary toggle, timer, universal counter, PB and lamp, digi count, digital time totalizer, electrical and electronics measuring instruments, relays, submersible cables, earthing devices, wires and cables, fuse base and neutral links, current and…
- Headquarters
- Mumbai
- Employees
- 72
- Sector
- Industrials
- ISIN
- INE813G01023
- Website
- kayceeindustries.com
Price range
- Avg volume (3M)
- 594
- 1-year return
- minus 30.2%
- From 52-week high
- minus 35.3%
Peers · Electrical Equipment & Parts
| Company | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| POWERINDIAHitachi Energy India | 27,800.00 | minus 1.42% | 1,23,911 | 107.7 | 95.3 | 24.9% | 16.1% | 0.02 | 22.2% | plus 37.9% |
| CGPOWERCG Power and Industrial Solutions | 773.00 | minus 4.43% | 1,21,785 | 88.6 | 72.5 | 19.3% | 13.1% | 0.02 | 21.2% | plus 8.2% |
| POLYCABPolycab India | 7,871.00 | plus 0.28% | 1,18,613 | 37.5 | 29.0 | 30.4% | 13.6% | 0.02 | 26.6% | plus 3.8% |
| HAVELLSHavells India | 1,128.00 | plus 5.61% | 70,789 | 42.6 | 30.0 | 22.1% | 9.1% | 0.02 | 9.9% | minus 28.1% |
| APARINDSApar Industries | 14,106.00 | minus 9.65% | 59,065 | 41.6 | 30.7 | 26.7% | 9.5% | 0.12 | 17.0% | plus 87.2% |
| KEIKEI Industries | 3,988.00 | minus 1.80% | 38,143 | 36.1 | 29.9 | 18.7% | 11.0% | 0.04 | 19.1% | plus 1.8% |
| HONAUTHoneywell Automation India | 30,080.00 | minus 0.79% | 26,613 | 47.0 | 35.7 | 15.7% | 13.8% | 0.02 | 10.9% | minus 17.5% |
| KAYCEEIKaycee Industries | 766.60 | minus 0.18% | 243 | 58.6 | 31.1 | 19.7% | 12.7% | 0.09 | 12.9% | minus 30.2% |
| Median of 7 peers | – | −1.42% | 70,789 | 42.6 | 30.7 | 22.1% | 13.1% | 0.02 | 19.1% | 3.8% |
Quarterly results
| ₹ Cr | Jun 25 | Sep 25 | Dec 25 | Mar 26 | Jun 26 |
|---|---|---|---|---|---|
| 13.9 | 14.9 | 14.4 | 16.8 | 15 | |
| 11.9 | 12.7 | 12.4 | 15.3 | 13 | |
| 2 | 2.2 | 2.1 | 1.5 | 2 | |
| 14.6% | 14.9% | 14.4% | 9.1% | 13.1% | |
| 0.2 | 0.2 | 0.1 | 0.2 | 0.2 | |
| 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | |
| 0.3 | 0.3 | 0.4 | 0.4 | 0.4 | |
| 1.9 | 2 | 1.8 | 1.2 | 1.7 | |
| 26.4% | 25.0% | 30.2% | 27.8% | 31.5% | |
| 1.3 | 1.3 | 1.1 | 0.7 | 1 | |
| 3.97 | 4.23 | 3.43 | 2.25 | 3.18 |
Profit & loss
- Sales CAGR 3Y
- +12.9%
- Profit CAGR 3Y
- +8.0%
- EPS CAGR 3Y
- +8.0%
- ROE
- 14.0%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 41.6 | 48.5 | 53 | 59.8 | |
| – | +16.7% | +9.1% | +12.9% | |
| 36.5 | 41.8 | 44.3 | 52 | |
| 5.1 | 6.8 | 8.7 | 7.8 | |
| 12.3% | 14.0% | 16.4% | 13.1% | |
| 0.6 | 0.6 | 0.7 | 0.6 | |
| 0 | 0.4 | 0.4 | 0.3 | |
| 0.5 | 1 | 1.1 | 1.3 | |
| −0.3 | 0 | −0 | 0 | |
| 4.8 | 5.9 | 7.9 | 6.8 | |
| 27.1% | 24.4% | 25.4% | 27.2% | |
| 3.5 | 4.5 | 5.8 | 4.4 | |
| – | +28.6% | +28.4% | minus 23.7% | |
| 11.01 | 14.16 | 18.18 | 13.88 |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 0.6 | 0.6 | 3.2 | 3.2 | |
| 19.1 | 23.2 | 26.4 | 30.1 | |
| 4.6 | 4.1 | 3.6 | 3.1 | |
| 4.8 | 6.7 | 8.1 | 10.7 | |
| 29.2 | 34.7 | 41.2 | 47 | |
| 7.4 | 7.7 | 7.2 | 10.9 | |
| 0 | 0 | 8.5 | 8 | |
| 4.7 | 7.9 | 4.1 | 2.9 | |
| 17.1 | 19.1 | 21.3 | 25.2 | |
| 29.2 | 34.7 | 41.2 | 47 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 1.8 | 6.2 | 5.9 | 4.5 | |
| −5.3 | −4.3 | −4.4 | −3.7 | |
| 4.2 | −1.2 | −1.5 | −1.5 | |
| 0.6 | 0.7 | −0 | −0.7 | |
| −5.1 | −1.9 | −0.6 | −5 | |
| −3.3 | 4.2 | 5.3 | −0.4 | |
| −0.3 | −0.4 | −0.6 | −0.6 |
Shareholding pattern
This company is listed only on BSE, so there’s no NSE category split. See Major shareholders below for the named holders.
Major shareholders
Filings & events
News
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