Company Overview

Kundan Edifice Limited, originally incorporated on August 12, 2010, as Kundan Edifice Private Limited, was subsequently converted to a Public Limited Company with a fresh Certificate of Incorporation issued on May 08, 2023. The company has established itself as a specialized manufacturer in the lighting industry, operating as an Original Design Manufacturer (ODM) that designs, develops, manufactures, and supplies LED strip lights to customers who then distribute them under their own brands.

Kundan Edifice Limited is an India-based company that manufactures and supplies a wide range of flexible light-emitting diode (LED) strip lights, including LED Type 2835, LED Type 3014, LED Type 5050, and premium products. The company's premium product portfolio includes 2835 CCT, 5050 RGBW, and 5050 RGBWW variants. KEL pioneered the first Indian factory with a specialized focus on LED strip lights.

Business Model and Operations

The company operates through a comprehensive business model that encompasses the entire value chain of LED strip light manufacturing. Kundan Edifice offers various services including technology information clarification, drawing design, sample confirmation, production trials, manufacturing, branding and packing, and logistic arrangement. Beyond standard products, the company also provides custom solutions to meet specific customer requirements.

The company's LED strip lights find applications across diverse sectors including profile lighting, car interiors, automotive after-sales market, two-wheelers, indoor decorations, festival decorations, back-lit panels in outdoor advertising, outdoor decorations with IP67 rating, underwater applications with IP68 rating, building facade decoration, construction work demarcation, neon flex lights manufacturing, and various decorative articles.

Financial Performance and Market Position

As of July 2025, Kundan Edifice Ltd has a market capitalization of ₹125 crores, which represents a decline of 23.5% over the past year. The company's recent financial performance demonstrates solid operational capabilities with revenue of ₹98.2 crores and profit of ₹7.86 crores.

Based on trailing 12-month figures, the company has achieved an operating revenue of ₹223.83 crores with an annual revenue growth of 17%. As of July 2025, Kundan Edifice shares are trading at a P/E ratio of 15.9 with a book value of ₹39.3. The current PE ratio stands at 16.21 with a PB ratio of 3.16. The stock has experienced a 52-week high of ₹211.40 and a 52-week low of ₹92.00.

Key Financial Metrics

- Market Capitalization: ₹125 Crore (July 2025)

- Recent Revenue: ₹98.2 Crore

- Recent Profit: ₹7.86 Crore

- TTM Operating Revenue: ₹223.83 Crore

- Annual Revenue Growth: 17%

- Pre-tax Margin: 11%

- Return on Equity (ROE): 19%

- 3-Year Average ROE: 25.6%

- Return on Capital Employed (ROCE): 22.8%

- Debt to Equity Ratio: 19%

- Profit Growth (5-Year CAGR): 188%

- Promoter Holding: 72.3% (as of December 2024)

- P/E Ratio: 15.9 (July 2025)

- Book Value: ₹39.3

- 52-Week High: ₹211.40

- 52-Week Low: ₹92.00

Market Listing and Trading

Kundan Edifice Limited trades on both NSE and BSE under the symbol KEL. The company is listed on the NSE SME platform and is exempt from submitting Corporate Governance Reports for Q1 FY2026 due to its SME listing status.

Management and Governance

The company's management structure includes Divyansh Mukesh Gupta as Chairman, who also serves as the Company Secretary. Recent corporate governance updates include the appointment of Ms. Pooja Manish Pandey as Company Secretary & Compliance Officer effective March 20, 2025.

Recent corporate updates include changes to the secretarial auditor firm, which was updated to M K Saraswat & Associates LLP in July 2025. The company has demonstrated consistent compliance with regulatory requirements, with promoters declaring no encumbrance on shares during FY 2024-2025 as per SEBI Regulation 31. This transparent approach to corporate governance reflects the company's commitment to maintaining high standards of business conduct and regulatory compliance.