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Kaynes Technology India Ltd

₹ 5,307-1.88%
03 Dec – close price
🔗kaynestechnology.co.in•BSE: 543664•NSE: KAYNES
Market Cap₹ 35,575 Cr.
Current Price₹ 5,307
High / Low₹ 7,825
Stock P/E165
Book Value₹ 651
Dividend Yield0.00 %
ROCE11.9 %
ROE7.97 %
Face Value₹ 10.0
Sales₹ 2,050 Cr.
OPM12.7 %
Mar Cap₹ 35,575 Cr.

ABOUT

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]

KEY POINTS

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]

Peer Comparision

S.No.NameCurrent Price (Rs.)Price to EarningMarket 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 valueReturn on assets (%)Debt to equity
1.Kaynes Tech5307.00164.9835575.290.0062.900.53467.137.9211.922050.4012.73215.6462.908.165.890.08
2.Honeywell Auto34990.0059.9330931.160.30119.503.821149.4012.2618.404537.8012.66516.10119.507.389.980.02
3.Jyoti CNC Auto.961.3063.1621862.180.0085.5012.68507.9017.9324.351943.2626.50346.1385.5011.9412.990.40
4.Aditya Infotech1533.1091.5518020.830.0069.98196.78919.6437.4819.493111.877.96150.4469.9811.336.240.08
5.LMW15053.00133.7116081.120.2040.9267.29821.886.884.483086.084.91120.2740.925.682.070.00
6.Syrma SGS Tech.795.3566.7815336.770.1966.3476.771145.8937.6011.673883.9310.01229.6764.065.454.370.12
7.Tega Inds.1933.0061.4214522.180.1044.94522.44405.3514.7317.801706.8221.45236.4444.948.7210.070.21
–Median: 118 Co.286.1533.48626.880.05.819.4373.3714.7415.91227.1213.7915.935.63.747.220.19

Quarterly Results

Standalone figures in ₹ crores

Dec 2022Dec 2023Dec 2024Jun 2023Jun 2024Jun 2025Mar 2023Mar 2024Mar 2025Sep 2022Sep 2023Sep 2024Sep 2025
Sales
276317396291350451356375737263292433467
Expenses
238275347251302385301323653222253360404
Operating Profit
38424939486555528441397363
Other Income
4123583637633260103951
Profit before tax
28335332596949657826318690
Tax %
25%22%28%21%18%21%20%23%22%28%18%27%30%
Net Profit
21263825495439506019256363
EPS in Rs
3.564.035.944.337.598.116.647.789.444.114.379.779.38

Profit & Loss

Standalone Figures in ₹ Crores / Yearly

Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025TTM
Sales
3693533603926711,0861,2741,9152,050
Expenses
3323173193575809201,1001,6591,789
Operating Profit
3736413592166173257261
Other Income
522451264137149
Interest
152024242636569191
Depreciation
55671218212730
Profit before tax
221313858125161275289
Net Profit
1591184195126210216
EPS in Rs
21.5713.6016.6812.158.8816.3019.7332.7932.87
Dividend Payout %
0%0%0%0%0%0%0%0%–

Compounded Profit Growth

10 Years:%
5 Years:78%
3 Years:70%
TTM:16%

Compounded Sales Growth

10 Years:%
5 Years:40%
3 Years:42%
TTM:39%

Return on Equity

10 Years:%
5 Years:9%
3 Years:9%
Last Year:8%

Stock Price CAGR

10 Years:%
5 Years:%
3 Years:89%
1 Year:-20%

Balance Sheet

Standalone figures in ₹ crores

Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Sep 2025
Equity Capital
77774658646467
Reserves
7887981321569002,3652,5794,294
Borrowings
98156142138183145279627339
Other Liabilities
122110113121224297260619306
Total Liabilities
3043603603986091,4002,9683,8895,007
Fixed Assets
45495467107119199237319
Gross Block
707990110163190286347–
Accumulated Depreciation
25303643567087110–
CWIP
12910426347527
Investments
343334174294859
Other Assets
2553052933184951,2512,5613,2833,802
Total Assets
3043603603986091,4002,9683,8895,007

Cash Flows

Standalone Figures in ₹ Crores / Yearly

Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Cash from Operating Activity
9-5331315-52-7865
Cash from Investing Activity
-1-10-19-20-37-480-1,327-322
Cash from Financing Activity
-839-368265501,395259
Net Cash Flow
024-221318-102

Ratios

Standalone Figures in ₹ Crores / Yearly

Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Debtor Days
13112594113103743695
Inventory Days
123188219208167191189160
Days Payable
14013813812012010276131
Cash Conversion Cycle
113174175201150162150123
Working Capital Days
5043355559116143174
ROCE %
–15%15%12%25%22%11%12%

Shareholding Pattern

Numbers in percentages

Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025
Promoters
63.57%63.57%63.57%63.57%57.83%57.83%57.83%57.75%57.75%57.75%53.52%53.46%
FIIs
8.53%8.16%7.96%9.90%12.71%14.19%14.27%14.92%14.84%11.17%10.71%10.71%
DIIs
11.43%12.96%13.12%15.58%19.04%18.36%17.88%16.07%15.04%16.98%22.39%23.66%
Public
16.48%15.31%15.35%10.94%10.41%9.61%10.03%11.25%12.37%14.10%13.36%12.17%

* The classifications might have changed from Sep'2022 onwards.ℹ️

BSE Announcements AI Summary

Direct from BSE filings, auto-summarised

Kaynes Technology India Limited Schedules Investor Meetings for Late November 2025 Following Strong Q2 FY26 Financial Results

20th November 2025, 5:33 PM

Kaynes Technology Announces Postal Ballot for Key Management Restructuring

12th November 2025, 11:53 AM

Kaynes Technology India Limited Announces Postal Ballot for Key Management Appointments and Designation Changes, E-voting from Nov 13, 2025

11th November 2025, 5:58 PM

Kaynes Technology India Limited: Independent Director Mr. Anup Kumar Bhat Resigns

10th November 2025, 4:52 PM

Kaynes Technology India Limited: Monitoring Agencies Report QIP Fund Utilization for Q2 FY2026

8th November 2025, 6:10 PM

Published by Other Websites

External media mentions & references

Brokerages sound alarm on Kaynes Tech’s accounting, cash flow concerns

4th December 2025, 2:01 PM

PCB manufacturing needs upto ₹15,000 crore more investment to cut import dependence below 50%: Syrma MD

2nd December 2025, 1:16 PM

Kaynes Tech shares may rally 45%, Jefferies says on strong growth despite high working capital concerns

2nd December 2025, 7:29 AM

Indian IT could lose out as automation speeds up, says Neuberger Berman

2nd December 2025, 4:09 AM

Market at record highs | Sensex crosses 86,000 & Nifty 26,300 for the first time

27th November 2025, 10:24 AM

News Articles

Editorial & research coverage

Brokerages sound alarm on Kaynes Tech’s accounting, cash flow concerns
Brokerages sound alarm on Kaynes Tech’s accounting, cash flow concerns

4th December 2025, 2:01 PM

Kaynes Tech shares may rally 45%, Jefferies says on strong growth despite high working capital concerns
Kaynes Tech shares may rally 45%, Jefferies says on strong growth despite high working capital concerns

2nd December 2025, 7:29 AM

Indian IT could lose out as automation speeds up, says Neuberger Berman
Indian IT could lose out as automation speeds up, says Neuberger Berman

2nd December 2025, 4:09 AM

Market at record highs | Sensex crosses 86,000 & Nifty 26,300 for the first time
Market at record highs | Sensex crosses 86,000 & Nifty 26,300 for the first time

27th November 2025, 10:24 AM

Kaynes Technology hits 3-month low; stock tanks 28% from October high
Kaynes Technology hits 3-month low; stock tanks 28% from October high

27th November 2025, 9:50 AM

Documents

Announcements

Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
Announcement under Regulation 30 (LODR)-Newspaper Publication
Shareholder Meeting / Postal Ballot-Notice of Postal Ballot

11 Nov - Postal ballot to appoint Dr. M. Narayanaswamy MD (24 Sep 2025–23 Sep 2030) and re-designate R. Kunhikannan; INR1.8 crore p.a.

Announcement under Regulation 30 (LODR)-Resignation of Director

10 Nov - Anup Kumar Bhat resigned as Independent Director effective Nov 10, 2025; left Audit, CSR, Nomination and Risk committees.

Announcement under Regulation 30 (LODR)-Monitoring Agency Report

8 Nov - Monitoring agency reports for QIP proceeds: Dec'23 net ₹1,374 crore; Jun'25 gross ₹1,600 crore; utilization detailed.

Annual Reports

Financial Year 2025

(from bse)

Financial Year 2024

(from bse)

Financial Year 2023

(from bse)

Credit Ratings

Rating update

30 May from crisil

Rating update

19 May from crisil

Rating update

16 May from icra

Rating update

31 Jan from crisil

Rating update

22 Nov 2024 from icra

Rating update

3 Oct 2024 from care

Concalls

Nov 2025

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