Incorporated in 2008, Kaynes Technology is a leading end-to-end and IoT solutions-enabled integrated electronics manufacturing company. The company provides conceptual design, process engineering, integrated manufacturing, and life-cycle support for major players in the automotive, industrial, aerospace and defense, outer-space, nuclear, medical, railways, Internet of Things ("IoT"), Information Technology ("IT") and other segments.[1]
OfferingsThe company is a prominent player in integrated electronics manufacturing. It offers end-to-end and IoT-enabled ESDM solutions spanning conceptual design, process engineering, integrated manufacturing, and life-cycle support. It has also ventured into semiconductor assembly and testing (OSAT) and high-density interconnect PCBs (HDI PCBs). Its offerings cater to diverse industries like automotive, industrial, aerospace, defense, outer space, nuclear, medical, railways, IoT, etc.[1]
| S.No. | Name | Current Price (Rs.) | Price to Earning | Market Capitalization (Rs.Cr.) | Dividend yield (%) | Net Profit latest quarter (Rs.Cr.) | YOY Quarterly profit growth (%) | Sales latest quarter (Rs.Cr.) | YOY Quarterly sales growth (%) | Return on capital employed (%) | Sales (Rs.Cr.) | OPM (%) | Profit after tax (Rs.Cr.) | Profit after tax latest quarter (Rs.Cr.) | Price to book value | Return on assets (%) | Debt to equity |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1. | Kaynes Tech | 5307.00 | 164.98 | 35575.29 | 0.00 | 62.90 | 0.53 | 467.13 | 7.92 | 11.92 | 2050.40 | 12.73 | 215.64 | 62.90 | 8.16 | 5.89 | 0.08 |
| 2. | Honeywell Auto | 34990.00 | 59.93 | 30931.16 | 0.30 | 119.50 | 3.82 | 1149.40 | 12.26 | 18.40 | 4537.80 | 12.66 | 516.10 | 119.50 | 7.38 | 9.98 | 0.02 |
| 3. | Jyoti CNC Auto. | 961.30 | 63.16 | 21862.18 | 0.00 | 85.50 | 12.68 | 507.90 | 17.93 | 24.35 | 1943.26 | 26.50 | 346.13 | 85.50 | 11.94 | 12.99 | 0.40 |
| 4. | Aditya Infotech | 1533.10 | 91.55 | 18020.83 | 0.00 | 69.98 | 196.78 | 919.64 | 37.48 | 19.49 | 3111.87 | 7.96 | 150.44 | 69.98 | 11.33 | 6.24 | 0.08 |
| 5. | LMW | 15053.00 | 133.71 | 16081.12 | 0.20 | 40.92 | 67.29 | 821.88 | 6.88 | 4.48 | 3086.08 | 4.91 | 120.27 | 40.92 | 5.68 | 2.07 | 0.00 |
| 6. | Syrma SGS Tech. | 795.35 | 66.78 | 15336.77 | 0.19 | 66.34 | 76.77 | 1145.89 | 37.60 | 11.67 | 3883.93 | 10.01 | 229.67 | 64.06 | 5.45 | 4.37 | 0.12 |
| 7. | Tega Inds. | 1933.00 | 61.42 | 14522.18 | 0.10 | 44.94 | 522.44 | 405.35 | 14.73 | 17.80 | 1706.82 | 21.45 | 236.44 | 44.94 | 8.72 | 10.07 | 0.21 |
| – | Median: 118 Co. | 286.15 | 33.48 | 626.88 | 0.0 | 5.81 | 9.43 | 73.37 | 14.74 | 15.91 | 227.12 | 13.79 | 15.93 | 5.6 | 3.74 | 7.22 | 0.19 |
Standalone figures in ₹ crores
| Dec 2022 | Dec 2023 | Dec 2024 | Jun 2023 | Jun 2024 | Jun 2025 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2022 | Sep 2023 | Sep 2024 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Sales | 276 | 317 | 396 | 291 | 350 | 451 | 356 | 375 | 737 | 263 | 292 | 433 | 467 |
Expenses | 238 | 275 | 347 | 251 | 302 | 385 | 301 | 323 | 653 | 222 | 253 | 360 | 404 |
Operating Profit | 38 | 42 | 49 | 39 | 48 | 65 | 55 | 52 | 84 | 41 | 39 | 73 | 63 |
Other Income | 4 | 12 | 35 | 8 | 36 | 37 | 6 | 33 | 26 | 0 | 10 | 39 | 51 |
Profit before tax | 28 | 33 | 53 | 32 | 59 | 69 | 49 | 65 | 78 | 26 | 31 | 86 | 90 |
Tax % | 25% | 22% | 28% | 21% | 18% | 21% | 20% | 23% | 22% | 28% | 18% | 27% | 30% |
Net Profit | 21 | 26 | 38 | 25 | 49 | 54 | 39 | 50 | 60 | 19 | 25 | 63 | 63 |
EPS in Rs | 3.56 | 4.03 | 5.94 | 4.33 | 7.59 | 8.11 | 6.64 | 7.78 | 9.44 | 4.11 | 4.37 | 9.77 | 9.38 |
Standalone Figures in ₹ Crores / Yearly
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|
Sales | 369 | 353 | 360 | 392 | 671 | 1,086 | 1,274 | 1,915 | 2,050 |
Expenses | 332 | 317 | 319 | 357 | 580 | 920 | 1,100 | 1,659 | 1,789 |
Operating Profit | 37 | 36 | 41 | 35 | 92 | 166 | 173 | 257 | 261 |
Other Income | 5 | 2 | 2 | 4 | 5 | 12 | 64 | 137 | 149 |
Interest | 15 | 20 | 24 | 24 | 26 | 36 | 56 | 91 | 91 |
Depreciation | 5 | 5 | 6 | 7 | 12 | 18 | 21 | 27 | 30 |
Profit before tax | 22 | 13 | 13 | 8 | 58 | 125 | 161 | 275 | 289 |
Net Profit | 15 | 9 | 11 | 8 | 41 | 95 | 126 | 210 | 216 |
EPS in Rs | 21.57 | 13.60 | 16.68 | 12.15 | 8.88 | 16.30 | 19.73 | 32.79 | 32.87 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | – |
Standalone figures in ₹ crores
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 7 | 7 | 7 | 7 | 46 | 58 | 64 | 64 | 67 |
Reserves | 78 | 87 | 98 | 132 | 156 | 900 | 2,365 | 2,579 | 4,294 |
Borrowings | 98 | 156 | 142 | 138 | 183 | 145 | 279 | 627 | 339 |
Other Liabilities | 122 | 110 | 113 | 121 | 224 | 297 | 260 | 619 | 306 |
Total Liabilities | 304 | 360 | 360 | 398 | 609 | 1,400 | 2,968 | 3,889 | 5,007 |
Fixed Assets | 45 | 49 | 54 | 67 | 107 | 119 | 199 | 237 | 319 |
Gross Block | 70 | 79 | 90 | 110 | 163 | 190 | 286 | 347 | – |
Accumulated Depreciation | 25 | 30 | 36 | 43 | 56 | 70 | 87 | 110 | – |
CWIP | 1 | 2 | 9 | 10 | 4 | 26 | 34 | 75 | 27 |
Investments | 3 | 4 | 3 | 3 | 3 | 4 | 174 | 294 | 859 |
Other Assets | 255 | 305 | 293 | 318 | 495 | 1,251 | 2,561 | 3,283 | 3,802 |
Total Assets | 304 | 360 | 360 | 398 | 609 | 1,400 | 2,968 | 3,889 | 5,007 |
Standalone Figures in ₹ Crores / Yearly
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|
Cash from Operating Activity | 9 | -5 | 33 | 13 | 15 | -52 | -78 | 65 |
Cash from Investing Activity | -1 | -10 | -19 | -20 | -37 | -480 | -1,327 | -322 |
Cash from Financing Activity | -8 | 39 | -36 | 8 | 26 | 550 | 1,395 | 259 |
Net Cash Flow | 0 | 24 | -22 | 1 | 3 | 18 | -10 | 2 |
Standalone Figures in ₹ Crores / Yearly
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|
Debtor Days | 131 | 125 | 94 | 113 | 103 | 74 | 36 | 95 |
Inventory Days | 123 | 188 | 219 | 208 | 167 | 191 | 189 | 160 |
Days Payable | 140 | 138 | 138 | 120 | 120 | 102 | 76 | 131 |
Cash Conversion Cycle | 113 | 174 | 175 | 201 | 150 | 162 | 150 | 123 |
Working Capital Days | 50 | 43 | 35 | 55 | 59 | 116 | 143 | 174 |
ROCE % | – | 15% | 15% | 12% | 25% | 22% | 11% | 12% |
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