Rs 496 Crore Order Book: Power Cable Company Receives New Order Worth 2,86,43,205.54 From Rajasthan Rajya Vidyut Prasaran Nigam Ltd
The company has a market cap of Rs 259 crore with a PE of 30x, an ROE of 20 per cent and an ROCE of 23 per cent.
Kay Cee Energy & Infra Limited (KayCee) has secured a new work order from Rajasthan Rajya Vidyut Prasaran Nigam Limited for the construction of a 132 kV S/C line for M/s SBF Rapid Industries. This project involves the construction of the line from the 132kV GSS Karoli on monopole and lattice towers, encompassing a detailed route survey, installation, erection, testing, commissioning, and associated civil works. The total value of this domestic order is Rs 2,86,43,205.54 (inclusive of GST) and is expected to be completed within nine months from the detailed purchase order date.
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About the Company
Kay Cee Energy & Infra Ltd, a leading player in the power sector, specializes 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.
As of January 31, 2025, the company's order book stands at Rs 496 crore. With a strong clientele base that includes prestigious organizations 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 259 crore with a PE of 30x, an ROE of 20 per cent and an ROCE of 23 per cent. The stock is up by 40 per cent from its 52-week low of Rs 171.40 per share. Investors should keep an eye on this micro-cap stock.
Disclaimer: The article is for informational purposes only and not investment advice.