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Kaynes Technology India Limited (KAYNES.NS)

INR3,337.20 +48.80 (+1.48%)
IN NSE Industrials Industrial - Machinery
Address 23-25, Belagola 570016
Mysore, IN
CEO Savitha Ramesh
IPO 2022-11-22
ISIN INE918Z01012

Explore sections of this company profile

Also trades on Bombay Stock Exchange · KAYNES.BO (INR) National Stock Exchange of India · KAYNES.NS (INR)
Description

Kaynes Technology India Limited operates as an integrated electronics manufacturer, providing end-to-end and Internet of Things (IoT)-enabled solutions. The company delivers electronics system design and manufacturing (ESDM) services globally, reaching markets in India, North America, Europe, and Southeast Asia. Its wide array of offerings includes box build manufacturing, printed circuit board assembly (PCBA), product engineering, and advanced IoT solutions, as well as original design manufacturing (ODM). Kaynes serves a diverse range of industries, including automotive, industrial, aerospace, defense, outer space, nuclear, medical, railways, and information technology/IoT. Founded in 1988, its headquarters are situated in Mysore, India.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
INR3,337.20 +48.80 (+1.48%)
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Volume Profile
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Liquidity & share structure
Average Volume
2M
Beta
-0.09
Float Shares
30.15M
Free Float %
45.0%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
-20.15% -23.47% -16.94% -15.37% -47.31% -16.86% -47.23% +234.69% +383.59% +383.59% +383.59%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Price Targets & DCF
Current price
3,337.20
DCF (Unlevered) 577.43 -82.7%

DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.

Ratings Trend (MoM) 67% Bullish
Rating 2026-05 Change
Strong Buy 6 0
Buy 8 0
Hold 4 0
Sell 1 0
Strong Sell 2 0
Quality scores
Altman Z-Score
7.47
Safe zone
Piotroski F-Score
3 / 9
Average
MOAT Score
4 / 10
Developing
Composite Rating
D+
Overall Score
1 / 5
Low
DCF Score
1 / 5
Low
ROE Score
1 / 5
Low
ROA Score
1 / 5
Low
D/E Score
1 / 5
Low
P/E Score
1 / 5
Low
P/Book Score
1 / 5
Low
Operational MOAT
✗ Below peers
  • Revenue growth Industrial - Machinery: +7.4%
    +33.2% Q1'26: +26.2% (vs Q1'25)
  • EPS growth Industrial - Machinery: +15.6%
    +19.9% Q1'26: -26.5% (vs Q1'25)
  • FCF margin FCF growth · Industrial - Machinery: +38.2%
    -25.4% Q1'26: -85.2% (vs Q1'25)
  • EBIT margin Industrial - Machinery: +10.0%
    +12.9% Q1'26: +11.2% (vs Q1'25)
  • ROIC Industrial - Machinery: +6.8%
    +6.9% Q1'26: +7.4% (vs Q1'25)
  • Share dilution Industrial - Machinery: +0.0%
    +3.4% Q1'26: +6.7% (vs Q1'25)
  • Debt / EBITDA Net debt/EBITDA · Industrial - Machinery: -0.65×
    1.59× Q1'26: 1.18× (vs Q1'25)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (0.13) × ERP
WACC = 97% × Ke + 3% × Kd (11.7%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 548.15 Current price: 3,337.20
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Mar 2023
actual
Mar 2024
actual
Mar 2025
actual
Mar 2026
17 Rev. Ana.
17 EPS Ana.
Mar 2027
9 Rev. Ana.
8 EPS Ana.
Mar 2028
16 Rev. Ana.
18 EPS Ana.
Mar 2029
3 Rev. Ana.
2 EPS Ana.
Mar 2030
1 Rev. Ana.
1 EPS Ana.
Revenue
11.26B
est: 11.52B (-2.3%)
18.05B
est: 20.11B (-10.3%)
27.22B
est: 27.66B (-1.6%)
38.63B
34.79B – 40.18B
+39.7% YoY
57.93B
54.67B – 61.19B
+50.0% YoY
79.38B
70.14B – 90.24B
+37.0% YoY
95.14B
91.14B – 99.14B
+19.9% YoY
114.44B
103.94B – 126.31B
+20.3% YoY
EBITDA
1.78B
est: 1.69B (+5.5%)
3.08B
est: 5.62B (-45.2%)
5.15B
est: 7.73B (-33.3%)
10.79B
9.72B – 11.23B
+39.7% YoY
16.19B
15.28B – 17.10B
+50.0% YoY
22.18B
19.60B – 25.22B
+37.0% YoY
26.59B
25.47B – 27.70B
+19.9% YoY
31.98B
29.04B – 35.30B
+20.3% YoY
EBIT
1.59B
est: 1.48B (+7.5%)
2.83B
est: 5.46B (-48.1%)
4.71B
est: 7.50B (-37.3%)
10.48B
9.44B – 10.90B
+39.7% YoY
15.71B
14.83B – 16.59B
+50.0% YoY
21.53B
19.02B – 24.47B
+37.0% YoY
25.80B
24.72B – 26.89B
+19.9% YoY
31.04B
28.19B – 34.26B
+20.3% YoY
Net Income
951.96M
est: 1.06B (-10.2%)
1.83B
est: 2.09B (-12.5%)
2.93B
est: 3.17B (-7.5%)
4.40B
3.76B – 4.85B
+38.7% YoY
5.87B
5.27B – 6.39B
+33.4% YoY
7.80B
6.60B – 10.95B
+32.9% YoY
8.75B
8.39B – 9.11B
+12.1% YoY
10.84B
9.54B – 12.30B
+23.8% YoY
SGA
811.66M
est: 342.39M (+137.1%)
1.07B
est: 1.59B (-32.8%)
1.86B
est: 2.19B (-15.1%)
3.06B
2.76B – 3.18B
+39.7% YoY
4.59B
4.33B – 4.85B
+50.0% YoY
6.29B
5.56B – 7.15B
+37.0% YoY
7.54B
7.22B – 7.86B
+19.9% YoY
9.07B
8.24B – 10.01B
+20.3% YoY
EPS
19.84
est: 16.40 (+21.0%)
30.63
est: 34.17 (-10.4%)
45.82
est: 46.14 (-0.7%)
67.20
58.25 – 75.09
+45.6% YoY
90.17
81.51 – 98.82
+34.2% YoY
121.91
102.08 – 169.40
+35.2% YoY
135.41
129.85 – 140.97
+11.1% YoY
167.66
147.66 – 190.27
+23.8% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-13 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-05-12 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-05-11 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-05-08 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-05-07 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-05-06 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-05-05 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-05-04 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-04-30 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-04-29 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-04-28 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-04-27 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-04-24 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-04-23 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-04-22 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-04-21 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-04-20 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-04-17 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-04-16 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
1.98B
OE per share TTM
31.05
Owner's Yield
0.72%
Maintenance CapEx ratio
52.76%
Maint CapEx / Avg PPE
23.2%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
Total invested
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

ETF Ownership

Top ETFs holding this stock Held by 6 ETFs in our universe
# ETF Weight Est. AUM exposure TER
1 VanEck Digital India ETF DGIN 1.25% 194.4K 0.70%
2 WisdomTree Emerging Markets ex-State-Owned Enterprises Fund XSOE 0.01% 214.2K 0.32%
3 Schwab Emerging Markets Equity ETF SCHE 0.01% 1.15M 0.06%
4 State Street SPDR Portfolio Emerging Markets ETF SPEM 0.01% 1.50M 0.07%
5 WisdomTree India Earnings Fund EPI 0.01% 174.4K 0.84%
6 State Street SPDR Portfolio MSCI Global Stock Market ETF SPGM 0.00% 19.5K 0.09%

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
2.98M
Shares Outstanding
67.03M

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Savitha Ramesh Chairperson 18M female
Narayanaswamy Muthukumar MD & Director 18M
Jairam Paravastu Sampath Chief Financial Officer & Whole-time Director 10M male
Colonel Sharath Bhat Senior Vice President of International Business
Gaurav Mehta Senior Vice President of Business Development male
Premita Govind Head of Human Resources female
Sajan Anandaraman Head of Commercial & Corporate Affairs male
Sudhasri Addepalli Company Secretary & Compliance Officer female
Abdul Nazar Senior Vice President of Business Development Automotive male
Vishwanathan Senior Vice President of Supply Chain Management male
Anuj Mehtha Company Secretary & Compliance Officer male
Colonel Dilip Nambiar Senior Vice President of Operations
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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Dividend history

Earnings history

Earnings reports

Stock splits