BSEKaycee Industries LtdMediumNeutral
Announced Tue, 3 Feb · 14:23 IST

Change in designation of Mr. Raman Krishnamoorthy from Whole Time Director to Non Executive Director with effect from closing hours of March 31, 2026 subject to shareholders approval.

Management Changes View source PDF

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Kaycee Industries reported its unaudited Q3 FY26 (quarter ended Dec 31, 2025) results with standalone revenue of Rs. 1,444.78 lakhs, up about 22% from Rs. 1,186.77 lakhs in Q3 FY25. Standalone net profit rose to Rs. 122.75 lakhs from Rs. 97.12 lakhs, a growth of roughly 26%. For the nine months, revenue grew 14% to Rs. 4,325.47 lakhs while net profit edged up to Rs. 412.64 lakhs. Statutory auditors issued an unmodified limited review opinion. The board also approved re-designating Mr. Raman Krishnamoorthy from Whole Time Director to Non-Executive Director effective March 31, 2026, and appointed Mr. Pravin D. Zagade (ex-L&T) as Chief Operating Officer and Manager from April 01, 2026. Both changes are subject to shareholder approval.

Likely market impact

For shareholders, the Q3 results show healthy revenue and profit growth, while the management reshuffle signals a shift in leadership structure with a new operations head taking charge from April 2026. The re-designation of the existing Whole Time Director to a Non-Executive role may modestly reduce clarity on day-to-day leadership until the new COO is fully in place.