Rs 537 crore order book: Electrical engineering company bags order worth Rs 16,66,38,560 from Wonder Cement Limited
The stock has given multibagger returns of over 100 per cent from its 52-week low of Rs 157 per share.
Kay Cee Energy & Infra Limited has secured a significant domestic order from Wonder Cement Limited, valued at Rs 16,66,38,560 (excluding GST). This contract encompasses a comprehensive scope of work, including the supply of towers and associated accessories, 132 kV XLPE copper cables, and crucial engineering services. The latter involves civil works, erection, testing, commissioning, and final handover of the project. The agreement stipulates that the entire project is to be executed within 8 to 9 months from the date of the agreement, further solidifying Kay Cee Energy & Infra's position in providing essential infrastructure and energy solutions.
Earlier, the company Limited has secured a supply order worth Rs 27,53,07,201.84 (including GST) from Rajasthan Rajya Vidyut Prasaran Nigam Limited. This domestic contract is for the supply of an Emergency Restoration System and all related accessories, essential for restoring the power supply within the RVPN Transmission System. This order underscores Kay Cee Energy & Infra Limited's strong technical capabilities and execution strength. The project is slated for completion within six months from the issuance of the work order.
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 H2FY25 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 FY25 compared to FY24.
As of April 30, 2025, the company's order book stands at Rs 537 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 over Rs 400 crore with a PE of 20x, an ROE of 32 per cent and an ROCE of 30 per cent. The stock has given multibagger returns of over 100 per cent from its 52-week low of Rs 157 per share.
Disclaimer: The article is for informational purposes only and not investment advice.