Rs 496 Crore Order Book: Railway Engineering Company Bags Order Worth Rs 5,42,02,403.10 from South Central Railway
The stock is up by 65.4 per cent from its 52-week low of Rs 157 per share.
Kay Cee Energy & Infra Limited has secured a work order valued at Rs 5,42,02,403.10 from South Central Railway, Secunderabad Division, Engineering Branch, for two significant scopes of work. The first scope (SW-I) involves the supply, fabrication, and fixing of inspection platforms for bearings and internal pathways on steel plate girder bridges along the DKJ-MUGR line and specific bridges on the KZJ-BZA section, all according to drawing CBS-0044. The second part of the order (SW-II) pertains to the KZJ-BZA and MTMI-JPTN-VSNP branch lines, where Kay Cee Energy & Infra will provide inspection platforms with cradle arrangements (as per Drg. No. CBS-0044) and inspection ladders for Road Over Bridges lacking bearing inspection accessibility. The project includes a 12-month maintenance period following the letter of acceptance and an additional 36-month maintenance period after work completion.
About the Company
Kay Cee Energy & Infra Ltd, a leading player in the power sector, specialises in EPC projects for transmission and distribution systems. Established in 2015, the company has a strong track record of working with government entities like RRVPNL. To further enhance its capabilities and reduce reliance on external suppliers, Kay Cee Energy & Infra Ltd is establishing its first manufacturing facility in Rajasthan. This strategic move will enable the company to manufacture key components for its EPC projects, ensuring greater control over quality, supply chain management, and project execution.
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According to standalone Quarterly Results, the net sales increased by 185 per cent to Rs 114.82 crore and net profit increased by 221 per cent to Rs 12.06 crore in H1FY25 compared to H2FY24. In its annual standalone results, the net sales increased by 137 per cent to Rs 152.68 crore and net profit increased by 160 per cent to Rs 17.06 crore in H1FY25 compared to H2FY24.
As of January 31, 2025, the company's order book stands at Rs 496 crore. With a strong clientele base that includes prestigious organisations like Rajasthan Rajya Vidyut Prasaran Nigam Limited, Power Grid Corporation of India Limited and L&T, Kay Cee Energy & Infra Ltd is well-positioned to contribute significantly to the growth and development of India's power infrastructure. The company has a market cap of Rs 317 crore with a PE of 20x, an ROE of 32 per cent and an ROCE of 30 per cent. The stock is up by 65.4 per cent from its 52-week low of Rs 157 per share.
Disclaimer: The article is for informational purposes only and not investment advice.