BSEKaycee Industries LtdHighNeutral
Announced Wed, 29 Oct · 18:48 IST

Financial Results for the Quarter and Half Year ending on September 30, 2025

Ebitda Margin CompressionResults View source PDF

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Kaycee Industries reported standalone Q2 FY26 revenue of ₹1,491 lakhs, up ~12% YoY from ₹1,334 lakhs; H1 FY26 revenue grew ~11% to ₹2,881 lakhs. Standalone Q2 PAT came in at ₹150.10 lakhs (slight dip from ₹153.91 lakhs YoY), while H1 PAT fell ~4.7% to ₹289.89 lakhs. On a consolidated basis, H1 PAT dropped ~14% to ₹260.32 lakhs after absorbing a ₹29.57 lakh share of losses from associate Ultrafast Chargers (down from nil last year). EBITDA margins compressed from ~18% to ~16%, hit by higher material and other expenditure. Operating cash flow halved to ₹63.54 lakhs (vs ₹152.44 lakhs YoY), with closing cash dropping sharply to just ₹24.46 lakhs from an opening of ₹185.80 lakhs. Statutory auditors R. Subramanian and Company LLP issued an unmodified (clean) limited review opinion on both standalone and consolidated results.

Likely market impact

Mixed bag for shareholders — solid top-line growth is offset by margin compression, a weaker associate contribution, and a steep fall in cash on hand. The stock may face short-term pressure, though zero long-term debt and healthy equity of ₹3,130 lakhs provide a balance sheet cushion.