Kaycee Industries reported a 17.3% year-on-year increase in standalone net profit to ₹115.56 lakh for the quarter ended June 30, 2026, driven by robust performance in its manufacturing segment. Despite the core business expansion, consolidated net profit declined 20% to ₹100.93 lakh due to higher losses from its associate, Ultrafast Chargers Private Limited. The Board of Directors appointed Nirmalkumar Motichand Chandria as an Additional Director designated as an Independent Director, effective August 05, 2026.

The Board approved the unaudited standalone and consolidated financial results during a meeting held on August 05, 2026, in compliance with Regulation 30 and Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Statutory auditors R Subramanian and Company LLP issued limited review reports with unmodified opinions on both the standalone and consolidated results for the quarter. Disclosures regarding the board appointments were made pursuant to SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024.

Financial Performance Highlights

In the standalone results, total income increased to ₹1,518.84 lakh from ₹1,414.45 lakh in the corresponding period of the previous fiscal year. Total expenses were contained at ₹1,350.06 lakh, compared to ₹1,224.50 lakh in Q1FY26. The manufacturing segment contributed ₹1,204.62 lakh to revenue, up from ₹980.61 lakh, while the trading segment generated ₹294.13 lakh, down from ₹408.99 lakh.

Board Appointments

The Board appointed Mr. Nirmalkumar Motichand Chandria as an Additional Director designated as an Independent Director, effective August 05, 2026, for a term of five years, subject to shareholder approval. Mr. Chandria holds a Bachelor’s degree in Commerce from the University of Kerala and brings extensive experience in managing diversified business operations.

Additionally, the Board approved the appointment of Mr. Jayaraman Balasubramanian as a Non-Executive and Non-Independent Director, effective September 27, 2026, subject to retirement by rotation and shareholder approval. This follows his retirement from the position of Independent Director on September 26, 2026, after completing two terms. Mr. Balasubramanian is a Fellow Member of the Institute of Chartered Accountants of India with over 25 years of professional practice experience and a Law degree from Osmania University.

What the Numbers Show

The divergence between standalone and consolidated profitability highlights the impact of the associate company’s performance on the group’s bottom line. While Kaycee Industries’ core operations delivered a 17.3% YoY profit growth, the consolidated net profit declined by 20% due to an increase in the share of loss from Ultrafast Chargers Private Limited to ₹14.63 lakh from ₹13.79 lakh in Q1FY26. This suggests that while the parent company’s manufacturing and trading businesses are stabilizing and growing, the EV charging infrastructure venture continues to weigh on group-level earnings.

Kaycee Industries Limited has released its audited standalone and consolidated financial results for the quarter and financial year ended March 31, 2026. The board of directors approved the results during a meeting held on May 19, 2026, with the statutory auditors M/s. R. Subramanian and Company LLP issuing an unmodified opinion on both the standalone and consolidated financial results.

Standalone Financial Performance

For the full financial year 2025-26, the company reported standalone revenue from operations of ₹6005.09 lakh, compared to ₹5320.41 lakh in the previous year. Net profit for the year stood at ₹498.15 lakh, against ₹587.69 lakh in the prior year. For the quarter ended March 31, 2026, revenue from operations was ₹1679.62 lakh and net profit was ₹85.51 lakh, compared to ₹187.13 lakh in the corresponding quarter of the previous year. The company recognised incremental provisions related to the Labour Codes notified by the Government of India on November 21, 2025.

The table below summarises the standalone financial performance:

Segment-Wise Performance

The company operates across two reportable business segments — manufactured products and trading products. The manufacturing segment contributed revenue of ₹4469.21 lakh for the year ended March 31, 2026, compared to ₹3979.53 lakh in the previous year. The trading segment reported revenue of ₹1535.88 lakh, against ₹1340.88 lakh previously. In terms of segmental EBIT, the manufacturing segment recorded ₹587.09 lakh and the trading segment recorded ₹66.36 lakh for the year.

Consolidated Financial Performance

On a consolidated basis, which includes the results of associate company Ultrafast Chargers Private Limited (in which Kaycee Industries holds 27.47% share capital), the company reported revenue from operations of ₹6005.09 lakh for the year ended March 31, 2026. After accounting for the share of loss from associates of ₹57.72 lakh, the consolidated net profit for the year stood at ₹440.43 lakh, compared to ₹577.07 lakh in the previous year. Consolidated EPS (Basic & Diluted) was ₹13.88, against ₹18.18 in the prior year.

Balance Sheet Highlights

As at March 31, 2026, the standalone total assets stood at ₹4709.79 lakh, compared to ₹4071.78 lakh as at March 31, 2025. Total equity on a standalone basis was ₹3339.23 lakh, comprising equity share capital of ₹317.35 lakh and other equity of ₹3021.88 lakh. On a consolidated basis, total assets were ₹4702.20 lakh and total equity was ₹3331.64 lakh. The company had no borrowings under non-current or current financial liabilities on either a standalone or consolidated basis.

Cash Flow Summary

For the year ended March 31, 2026, net cash from operating activities was ₹453.78 lakh (standalone and consolidated), compared to ₹586.08 lakh in the previous year. Net cash used in investing activities was ₹372.32 lakh, primarily driven by purchase of fixed assets of ₹495.36 lakh. Net cash used in financing activities was ₹152.31 lakh, which included dividend paid of ₹63.47 lakh and lease liability payments of ₹57.61 lakh. The closing cash and cash equivalents stood at ₹114.95 lakh, compared to an opening balance of ₹185.80 lakh.

Dividend Declaration and Corporate Actions

The board of directors has recommended a final dividend of ₹2 per equity share, representing 20% of the face value of ₹10 each, for the financial year ended March 31, 2026. The total outflow for the dividend is estimated at ₹63.47 lakhs, subject to shareholder approval at the ensuing Annual General Meeting. The record date for the purpose of dividend declaration has been fixed as July 31, 2026. The 83rd Annual General Meeting is scheduled for September 03, 2026 through Video Conferencing/Other Audio Visual Means at 11:00 AM.

The board has also appointed R. Subramanian and Company LLP as Statutory Auditors for a term of five consecutive years, from the conclusion of the 83rd Annual General Meeting for the financial year 2025-26 till the conclusion of the 88th Annual General Meeting for the financial year 2030-31, subject to shareholder approval. The firm, established in 1974, is one of the leading chartered accountancy firms in India with offices across major metro cities including Chennai, Mumbai, New Delhi, Bengaluru and Hyderabad.