Kaynes Technology India
- Market cap
- ₹ 21,387 Cr.
- P/E
- 61.7x
- P/B
- 4.65x
- 52-week range
- 2,995 – 6,998
- ROE
- 10%
- ROCE
- 13%
- Dividend yield
- 0%
- Debt / equity
- 0.19
- Sector
- Industrial Manufacturing
- Industry
- Industrial Products
- Listed on
- NSE, BSE
About
Kaynes Technology India Limited is an end-to-end and Internet of Things (IoT) solutions-enabled integrated electronics manufacturer. It is engaged in providing conceptual design, process engineering, integrated manufacturing, and life cycle support for players in the automotive, industrial, aerospace and defense, outer-space, nuclear, medical, railways, IoT/information technology (IT) and other segments. It offers Original Equipment Manufacturer (OEM)-Turnkey Solutions-Box Build, OEM-Turnkey Solutions-Printed Circuit Board Assemblies (PCBAs), Original Design Manufacturer (ODM), and Product Design & Engineering and IoT Solutions. It offers turnkey electronics manufacturing services for PCBAs, cable harnesses, magnetics, and plastics. Its ODM offers smart metering technology, smart street lighting, inverter technology, and gallium nitride-based charging technology. It is also involved in the business of supply, installation, operations, and maintenance of smart meters in India.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Industrial Products: 186 companies →Kaynes Technology India against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.
- Valuation (P/E)61.7 against a typical 30.9: pricier than most peers (1st = cheapest).142nd of 184
- Sales growth+40.6% against a typical +20.3% from a year earlier.42nd of 147
- Profit growth−25.3% against a typical +9.4% from a year earlier.84th of 121
- Share price, 3 months−7.9% against a typical −3.7%.102nd of 164
- Size₹ 21,387.1 Cr. market value against a typical ₹ 305.2 Cr. (1st = largest).5th of 176
Credit ratings
Every rating action on file, newest first, including reaffirmations. Open a row for the agency's reasoning. All credit rating updates
Adequate safety
Rated A to A- by 3 agencies- All agencies agree and none has raised a warning.
| Agency | Current rating | Outlook | As of |
|---|---|---|---|
| CRISIL | Crisil A | Stable | 26 May 2026 |
| ICRA | [ICRA]A- | Positive | 30 Jan 2026 |
| India Ratings | IND A-; IND A1 | Stable | 23 Jan 2026 |
| CARE | Withdrawn | Stable | 18 Dec 2025 |
| Rating | Details | |||||
|---|---|---|---|---|---|---|
| 26 May 2026 | Reaffirmed | Crisil A | — | CRISIL | ₹ 770 Cr. | |
| 12 Mar 2026 | Reaffirmed | Crisil A/Watch Developing → Crisil A | — | CRISIL | ₹ 1,540 Cr. | |
| 30 Jan 2026 | Reaffirmed | [ICRA]A- | — | ICRA | ₹ 780 Cr. | |
| 23 Jan 2026 | Reaffirmed | IND A- | — | India Ratings | ₹ 770 Cr. | |
| 18 Dec 2025 | Withdrawn | was CARE A- / CARE A2+ | — | CARE | ₹ 625.2 Cr. |
Research by Minerva Capital Research Solutions
Our research team's work on Kaynes Technology IndiaAlso covered in
Board meetings
Results dates and other board meetings. Full calendar
| Details | ||
|---|---|---|
| 7 Aug 2026 | Financial Results | To consider and approve the financial results for the period ended Jun 30, 2026 |
| 13 May 2026 | Financial Results | To consider and approve the financial results for the period ended March 31, 2026 |
| 5 Feb 2026 | Financial Results | To consider and approve the financial results for the period ended December 31, 2025 |
| 4 Nov 2025 | Financial Results | To consider and approve the financial results for the period ended September 30, 2025 |
| 30 Jul 2025 | Financial Results | To consider and approve the financial results for the period ended Jun 30, 2025 |
| 15 May 2025 | Financial Results | To consider and approve the financial results for the period ended March 31, 2025 |
Financials
Consolidated figures in ₹ crore.
| ₹ Cr. | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 361 | 509 | 637 | 504 | 572 | 661 | 984 | 673 | 906 | 804 | 1,243 | 946 |
| Expenses | 312 | 439 | 542 | 437 | 490 | 567 | 817 | 560 | 758 | 685 | 1,049 | 798 |
| Operating Profit | 49 | 70 | 95 | 67 | 82 | 94 | 168 | 113 | 148 | 119 | 194 | 148 |
| OPM % | 14% | 14% | 15% | 13% | 14% | 14% | 17% | 17% | 16% | 15% | 16% | 16% |
| Other Income | 9 | 9 | 29 | 28 | 34 | 25 | 20 | 27 | 43 | 42 | 42 | 14 |
| Interest | 12 | 15 | 15 | 23 | 22 | 27 | 29 | 28 | 23 | 25 | 41 | 37 |
| Depreciation | 7 | 6 | 7 | 8 | 9 | 11 | 17 | 16 | 17 | 20 | 54 | 37 |
| Profit before tax | 39 | 58 | 102 | 64 | 85 | 81 | 142 | 96 | 152 | 116 | 140 | 88 |
| Tax % | 18% | 23% | 20% | 21% | 29% | 18% | 18% | 22% | 20% | 34% | 35% | 36% |
| Net Profit | 32 | 45 | 81 | 51 | 60 | 66 | 116 | 75 | 121 | 77 | 91 | 56 |
| EPS in Rs | 5.56 | 7.07 | 12.71 | 7.94 | 9.41 | 10.38 | 18.15 | 11.14 | 18.11 | 11.43 | 13.61 | 8.42 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- —
- 5 Years
- 54%
- 3 Years
- 48%
- TTM
- 35%
- 10 Years
- —
- 5 Years
- 108%
- 3 Years
- 57%
- TTM
- 9%
- 10 Years
- —
- 5 Years
- —
- 3 Years
- 29%
- TTM
- —
- 10 Years
- —
- 5 Years
- 11%
- 3 Years
- 10%
- TTM
- —
P/E and EPS over time
Daily P/E and trailing 12-month EPS. EPS updates with each result.
Peers
Listed companies in the same business.
| Kaynes Technology India | ₹ 3,140.00 | ₹ 21,387 Cr. | 61.7x | 4.7x | 10% | — |
| ABB India | ₹ 6,140.00 | ₹ 1,29,936 Cr. | 95.2x | 20.3x | — | 11.6% |
| Hitachi Energy India | ₹ 26,250.00 | ₹ 1,17,002 Cr. | 139x | 27.6x | 21% | 12.1% |
| CG Power and Industrial Solutions | ₹ 814.95 | ₹ 1,24,592 Cr. | 114.8x | 17.9x | 20.4% | 9.6% |
| Polycab India | ₹ 7,415.00 | ₹ 1,11,738 Cr. | 50x | 11.1x | 25.4% | 9.3% |
| Siemens | ₹ 3,250.00 | ₹ 1,15,739 Cr. | — | 9.4x | 11.7% | 8.5% |
Management
- Savitha Ramesh
- Whole-Time Chairman of the Board
- Ramesh Kunhikannan
- Executive Vice Chairman of the Board
- Jairam Paravastu Sampath
- Chief Financial Officer, Whole-Time Director
- Sudhasri Addepalli
- Compliance Officer, Company Secretary
- Muthukumar Narayanaswamy
- Managing Director, Additional Director
Prices are delayed and for information only. Nothing on this page is investment advice.