Kaynes Technology Unveils ₹11,400 Cr Growth Plan: $1 Billion Revenue Target By FY28?

Overview

Kaynes Technology detailed its ₹11,400 crore capex and funding plan for FY26-29, including ECMS scheme projects. The company aims for $1 billion revenue by early FY28, with 25-30% from OSAT+PCB. Analysts express concern over balance sheet resolution amidst aggressive growth. FY27-28 EPS forecasts were cut by 3-5% due to increased finance costs.