Sharescart Research Club logo

Kaynes Technology Overview

Kaynes Technology India Ltd is an Indian company that provides engineering design, manufacturing, and testing services for electronic products. The company's offerings include printed circuit board assembly, box build assembly, electromechanical assembly, and cable harness assembly, among others. Kaynes Technology India Ltd caters to various industries such as automotive, healthcare, industrial automation, aerospace, and defense. The company has a presence in India, the United States, Europe, and Japan, and has been in operation for over 30 yea...Read More

Want to Start Investing in Top Unlisted Stocks?

Our experts help you choose the right stocks based on performance, risk, and growth potential.

Kaynes Technology Key Financials

Market Cap ₹26530 Cr.

Stock P/E 90.4

P/B 5.6

Current Price ₹3957.6

Book Value ₹ 709.7

Face Value 10

52W High ₹7705

Dividend Yield 0%

52W Low ₹ 3295.7

Kaynes Technology Share Price

₹ | |

Volume
Price

Kaynes Technology Quarterly Price

Show Value Show %

Kaynes Technology Peer Comparison

Kaynes Technology Quarterly Results

#(Fig in Cr.) Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025
Net Sales 361 509 637 504 572 661 984 673 906 804
Other Income 9 9 29 28 34 25 20 27 43 45
Total Income 370 519 667 532 606 686 1005 701 949 849
Total Expenditure 312 439 542 437 490 567 817 560 758 685
Operating Profit 58 79 125 95 116 119 188 140 191 164
Interest 12 15 15 23 22 27 29 28 23 25
Depreciation 7 6 7 8 9 11 17 16 17 20
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 0 -3
Profit Before Tax 39 58 102 64 85 81 142 96 152 116
Provision for Tax 7 13 21 13 25 14 26 21 30 40
Profit After Tax 32 45 81 51 60 66 116 75 121 77
Adjustments 0 0 0 0 0 0 0 0 0 0
Profit After Adjustments 32 45 81 51 60 66 116 75 121 77
Adjusted Earnings Per Share 5.6 7.1 12.7 7.9 9.4 10.4 18.1 11.1 18.1 11.4

Kaynes Technology Profit & Loss

#(Fig in Cr.) Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
Net Sales 281 287 379 364 368 421 706 1126 1805 2722 3367
Other Income 1 6 5 2 2 4 4 11 56 107 135
Total Income 282 294 385 367 370 425 710 1138 1861 2829 3504
Total Expenditure 256 267 342 327 326 379 611 956 1548 2307 2820
Operating Profit 26 27 43 39 44 46 99 181 313 522 683
Interest 13 13 15 20 25 25 27 36 56 106 105
Depreciation 4 5 5 5 8 10 13 19 25 45 70
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 0 0 -3
Profit Before Tax 8 10 23 14 11 11 59 126 232 372 506
Provision for Tax 2 2 8 4 2 1 17 31 48 78 117
Profit After Tax 6 8 16 10 9 10 42 95 183 293 389
Adjustments -0 -0 -0 -0 0 -0 -0 0 0 1 0
Profit After Adjustments 6 7 16 10 9 9 41 95 184 294 389
Adjusted Earnings Per Share 12.4 9.1 19.2 11.9 11.6 11.5 9 16.4 28.7 45.9 58.7

Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 51% 57% 49% 0%
Operating Profit CAGR 67% 74% 64% 0%
PAT CAGR 60% 91% 101% 0%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR -4% 68% NA% NA%
ROE Average 11% 13% 14% 13%
ROCE Average 15% 17% 18% 17%

Kaynes Technology Balance Sheet

#(Fig in Cr.) Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Shareholder's Funds 60 68 83 93 103 139 203 959 2487 2840
Minority's Interest 0 0 1 1 1 1 1 1 2 4
Borrowings 12 12 19 30 10 17 29 15 11 67
Other Non-Current Liabilities 7 8 9 10 20 15 27 28 29 47
Total Current Liabilities 176 173 196 230 246 248 362 442 804 1781
Total Liabilities 256 262 307 363 379 419 622 1445 3333 4740
Fixed Assets 46 49 46 53 66 80 113 132 319 845
Other Non-Current Assets 11 11 10 10 22 20 23 56 359 1113
Total Current Assets 199 202 251 300 291 319 486 1257 2654 2782
Total Assets 256 262 307 363 379 419 622 1445 3333 4740

Kaynes Technology Cash Flow

#(Fig in Cr.) Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 8 10 8 1 1 1 3 7 26 19
Cash Flow from Operating Activities 17 28 9 -8 45 28 21 -42 88 -82
Cash Flow from Investing Activities -11 -9 -1 -41 -10 -24 -45 -494 -1523 -355
Cash Flow from Financing Activities -5 -22 -8 49 -35 -1 27 554 1429 465
Net Cash Inflow / Outflow 2 -2 0 0 -0 2 4 19 -7 28
Closing Cash & Cash Equivalent 10 8 8 1 1 3 7 26 19 47

Kaynes Technology Ratios

# Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Earnings Per Share (Rs) 12.37 9.09 19.16 11.89 11.61 11.48 8.98 16.39 28.72 45.9
CEPS(Rs) 20.93 14.81 25.07 18.21 21.73 24.27 11.88 19.6 32.61 52.77
DPS(Rs) 0 0 0 0 0 0 0 0 0 0
Book NAV/Share(Rs) 118.95 83.09 102.25 113.66 125.86 168.6 43.81 164.84 388.88 442.97
Core EBITDA Margin(%) 8.05 6.69 9.75 10.1 11.52 10 13.48 15.08 14.22 15.25
EBIT Margin(%) 7.03 7.18 9.97 9.34 9.77 8.57 12.19 14.43 15.93 17.54
Pre Tax Margin(%) 2.7 3.08 6.09 3.72 3.06 2.58 8.36 11.19 12.83 13.65
PAT Margin (%) 2.02 2.42 4.11 2.67 2.54 2.31 5.9 8.45 10.16 10.78
Cash Profit Margin (%) 3.41 3.89 5.32 4.08 4.82 4.71 7.76 10.12 11.55 12.42
ROA(%) 2.4 2.91 5.55 2.9 2.52 2.44 8 9.21 7.67 7.27
ROE(%) 10.43 11.89 20.9 11.04 9.57 8.1 24.53 16.4 10.64 11.02
ROCE(%) 12.84 13.49 22.21 15.82 14.53 13.74 26.49 22.16 14.79 14.67
Receivable days 107.87 106.79 108.01 129.69 107.35 93.46 82.55 68.84 58.92 62.37
Inventory Days 96.6 94.51 78.97 104.2 135.25 136.66 100.84 103.65 97.23 91.38
Payable days 131.32 135.08 124.45 143.09 137.44 119.6 96.76 90.52 80.12 100.29
PER(x) 0 0 0 0 0 0 0 58.76 99.9 103.29
Price/Book(x) 0 0 0 0 0 0 0 5.84 7.38 10.7
Dividend Yield(%) 0 0 0 0 0 0 0 0 0 0
EV/Net Sales(x) 0.36 0.32 0.25 0.36 0.38 0.32 0.28 4.66 9.49 11.1
EV/Core EBITDA(x) 3.94 3.46 2.24 3.32 3.12 2.89 1.96 28.97 54.77 57.85
Net Sales Growth(%) 0 2.46 31.99 -4.01 1.1 14.23 67.9 59.45 60.25 50.82
EBIT Growth(%) 0 4.26 72.07 -11.35 5.73 0.21 138.99 88.71 76.86 66.09
PAT Growth(%) 0 22.67 109.84 -38.56 -3.82 4.03 328.23 128.42 92.54 60.09
EPS Growth(%) 0 -26.51 110.77 -37.97 -2.32 -1.16 -21.76 82.57 75.19 59.82
Debt/Equity(x) 1.8 1.42 1.18 1.68 1.4 1.01 0.84 0.14 0.12 0.31
Current Ratio(x) 1.13 1.17 1.28 1.3 1.18 1.29 1.34 2.85 3.3 1.56
Quick Ratio(x) 0.67 0.7 0.84 0.78 0.57 0.63 0.72 1.91 2.62 1.1
Interest Cover(x) 1.62 1.75 2.57 1.66 1.46 1.43 3.18 4.46 5.14 4.51
Total Debt/Mcap(x) 0 0 0 0 0 0 0 0.02 0.02 0.03

Kaynes Technology Shareholding Pattern

# Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025
Promoter 63.57 57.83 57.83 57.83 57.75 57.75 57.75 53.52 53.46 53.46
FII 9.9 12.71 14.2 14.27 14.91 14.84 11.17 10.71 10.71 8.88
DII 15.59 19.05 18.36 17.87 16.08 15.04 16.97 22.39 23.66 16.73
Public 10.94 10.41 9.61 10.04 11.27 12.38 14.12 13.37 12.17 20.93
Others 0 0 0 0 0 0 0 0 0 0
Total 100 100 100 100 100 100 100 100 100 100

Kaynes Technology News

Kaynes Technology Pros & Cons

Pros

  • Company has delivered good profit growth of 100% CAGR over last 5 years
  • Company is almost debt free.

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend.
  • Company has a low return on equity of 13% over the last 3 years.
  • Debtor days have increased from 80.12 to 100.29days.
  • Stock is trading at 5.6 times its book value.
whatsapp