Board meeting outcome for Meeting held on August 01, 2025
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Kaycee Industries' Board on August 1, 2025 approved unaudited Q1 FY26 results (quarter ended June 30, 2025). Standalone revenue rose to Rs. 1,389.60 lakhs from Rs. 1,261.05 lakhs year-on-year (about 10% growth), but net profit slipped to Rs. 139.79 lakhs from Rs. 150.42 lakhs, with EPS at Rs. 4.40 vs Rs. 4.74. Consolidated net profit came in lower at Rs. 126.00 lakhs after a Rs. 13.79 lakh loss share from associate Ultrafast Chargers Pvt Ltd. Statutory auditors gave an unmodified limited review opinion. The Board also appointed Mr. Raman Krishnamoorthy as Whole Time Director for 3 years from August 2, 2025, and Mr. Jayaraman Balasubramanian as the new Chairman after Mr. N. Rangachary stepped down. Additionally, the Board noted a BSE communication flagging non-compliance with Regulation 24A for delayed filing of the Secretarial Compliance Report.
Revenue growth is a positive, but the dip in standalone and consolidated profit, combined with the loss-making associate, may pressure the stock in the short term. The leadership shuffle (new Chairman and WTD) brings transition risk, while the BSE compliance flag is a minor negative for governance optics but not financially material.