| Revenue growth | 40% YoY in Q1 FY27. |
|---|---|
| Margins | EBITDA margin at 15.6%, down 120 bps YoY. |
| Order book | ₹89,038 Mn (Q1 FY27) vs ₹74,011 Mn (Q1 FY26). |
| Demand visibility | Strong; Order book at ₹89,038 Million. |
| Management confidence | High, focused on value chain escalation. |
Growth
Q1 FY27 Revenue grew 40% YoY; EBITDA increased 30% YoY. FY26 Revenue CAGR was 47.7%.
Outlook
Order book stands at ₹89,038 Mn. Targets include OSAT expansion, bare PCB backward integration, and specific 2030 sustainability goals.
Risks
Global supply chain disruptions, currency depreciation (Rupee ~96/USD), and high raw material prices leading to longer lead times.
Last quarter's promises, checked
Delivered
- EBITDA Margin 15.8% (FY26) → Delivered 15.6% (Q1 FY27) (= BEAT)
- OSAT Unit 1 operational → Delivered fully operational status (= BEAT)
- Core EMS Working Capital 53 days → Delivered 53 days (= BEAT)
Partly delivered
- OSAT Unit 2 commercialization by Q2 '26 → In progress (= PARTIAL)
- Kavach rail orders in H2 FY27 → Initial approvals received (= PARTIAL)
Missed
- FY26 Revenue ₹4,500 Cr → Delivered ₹3,626.4 Cr (= MISS)
- OCF Neutral/Slightly Negative → Delivered ₹600 Cr Negative (= MISS)
Investor Presentation filed with BSE, NSE: KAYNES. Summary written with AI assistance from the document.
Kaynes Technology India Ltd: key numbers
- Share price
- ₹3,650.00
- Market cap
- ₹24,468 Cr
- Revenue (annual)
- ₹3,626 Cr
- Net profit (annual)
- ₹363.9 Cr
- P/E (TTM)
- 70.8×Sector 45.9×
- Promoter holding
- 53.46%+0.00% QoQ
- FII holding
- 5.82%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Kaynes Technology India Ltd
All →Kaynes Technology India Annual General Meeting
Kaynes Technology held its 18th Annual General Meeting on September 17, 2026, transacting ordinary and special business items as scheduled.
Kaynes Technology India Earnings Call Transcript: Key Takeaways
Kaynes reported 40% YoY revenue growth driven by EMS, though smart metering was intentionally de-grown to manage working capital. Management remains optimistic on new OSAT and PCB ventures despite global supply chain headwinds.
- Call
- Guides 34% growth
Kaynes Technology India Q1 FY27 Results: Net Profit ₹56.4 Cr, Down 24.4% YoY
Kaynes Technology India Ltd reported revenue from operations of ₹946 Cr (+40.5% YoY) and net profit of ₹56.4 Cr (-24.4% YoY) for Q1 FY27.
- Key figure
- Net profit ₹56.4 Cr · -24.4% YoY
Kaynes Technology India Earnings Call: Key Takeaways
Kaynes reported FY26 revenue of ₹3,626.4cr (up 33.2% YoY) and PAT of ₹3,639m (10% margin), shifting towards high-value ESDM and product-driven models.
Kaynes Technology India Earnings Call: Key Takeaways
Kaynes Technology missed its ambitious FY26 revenue guidance due to geopolitical disruptions in West Asia, despite strong underlying demand. Management is defensive about a ₹600 crore negative operating cash flow primarily driven by the smart metering business.
Kaynes Technology India Earnings Call: Key Takeaways
Kaynes reported strong FY26 consolidated growth with revenue up 33% YoY to ₹36,264 mn and EBITDA up 40%. Management is pivoting toward a fully integrated electronics ODM via major OSAT and PCB expansions.