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Earnings Call

Kay Cee Energy & Infra Earnings Call: Key Takeaways

Management focused on maintaining high EBITDA margins (18-19%) despite significant revenue under-achievement due to geopolitical supply chain disruptions in H2 FY26.

Why this was an Alfa AlertNot a filter event. Revenue of ₹165.6cr missed the guided ₹215cr target.
Highlights
Revenue growthFY26 revenue at ₹165.6cr, impacted by delayed equipment deliveries.
MarginsEBITDA margins improved to 18-19%; PAT margin stable at 11-12%.
Order bookUnexecuted order book stands at ₹481cr as of March 31.
Demand visibilityStrong sector tailwinds; waiting for Rajasthan government tender cycle restart.
Management confidenceBalanced; prioritized margin protection over aggressive revenue recognition through local sourcing.

Growth

FY26 revenue hit ₹165.6cr vs ₹215cr guidance; shortfall attributed to ₹50-60cr delayed ERS equipment from Canada.

Outlook

Delayed revenue expected in H1 FY27; new manufacturing unit to start operations by Sept-Dec 2026.

Risks

High geographic concentration in Rajasthan; stalled state tenders and supply chain reliance on international ERS imports.

Source

Earnings Call filed with NSE, NSE: KCEIL. Summary written with AI assistance from the document.

Read the document ↗

Kay Cee Energy & Infra Ltd: key numbers

Share price
₹78.75
Market cap
₹96.26 Cr
Revenue (annual)
₹164.3 Cr
Net profit (annual)
₹18.78 Cr
P/E (TTM)
5.1×Sector 25.1×
Promoter holding
63.41%
FII holding
0.00%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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