The shares of Kay Cee Energy & Infra Ltd finished at Rs 188.80 apiece, up around 5% from the closing of Rs 179.85 apiece the previous year, with a market capitalization of Rs 206.92 crore.
According to the company filing, JSW Cement LTD has awarded Kay Cee Energy & Infra Ltd a contract for the supply and installation of equipment for the 132 KV Single Circuit Transmission Line from the current 132 KV GSS Deh JSW Cement Plant’s 132 KV Switchyard in the village of Jindas and Civil Construction at JSW Cement LTD Nagaur Plant for a cash consideration of Rs 5.35 crore.
Upon closer inspection, Kay Cee Energy & Infra Ltd’s revenue shot up to Rs 24.13 crore in Q2FY24 from Rs 13.64 crore in Q2FY23, a 76% increase. Net profit increased by 100% throughout that time, from Rs 1.39 crore to Rs 2.79 crore.
In the most recent fiscal year, Kay Cee Energy & Infra Ltd. disclosed return ratios of 30.6 percent for return on capital employed (ROCE) and 28.8 percent for return on equity (ROE).
According to Kay Cee Energy & Infra Ltd’s most current shareholding pattern, the business’s promoters own 70.26 percent of the company, retail shareholders hold 23.70 percent, and foreign institutional investors hold 2.04 percent.
The company recently received an order for the modification of a 132 kV S/C line from 220 kV GSS Sanganer to 132 kV GSS Balawala. The contract calls for the completion of the work in nine months and includes a detailed route survey, cable laying and installation, as well as related accessories and civil works, on 220 kV D/C narrow base towers. The total cost of the project is Rs. 4.93 crores.
In the fields of electricity transmission and distribution, Kay Cee Energy and Infra is a third-party engineering, procurement, and construction (EPC) service provider. With a focus on developing and commissioning electrical infrastructure, the company offers a broad range of services to both government and private sector clients.
