Kaynes Technology IND Ltd

NSE: KAYNES · Industrial Products · sector

₹3,306.80NSE close 2026-10-26

Key numbers

Market cap₹22,167 cr

Price₹3,306.80

52w high / low₹6,998 / ₹2,995

P/E64.0xSector median 24.2x

P/B4.7xSector median 2.8x

Book value₹708.3

Dividend yield–Sector median 0.50%

ROE9.1%Sector median 11.5%

ROCE11.1%Sector median 13.4%

OPM15.5%Sector median 10.3%

Debt / equity0.18xSector median 0.17x

EV/EBITDA36.7xSector median 16.7x

Interest cover5.0x

Current ratio2.22x

Sales growth 3y+47.7%Sector median +10.2%

Profit growth 3y-96.0%Sector median +12.8%

PEG1.59x

Last 12 months to Jun 2026, Consolidated. "Sector median" = middle value of 152 companies in Industrial Products (P/E median leaves out loss-making companies). Tap ? for what a number means.

Things to know

Cash ₹799 cr vs borrowings ₹875 cr (FY26): borrowings are higher by ₹76 cr.
Operating profit covered interest 5.0x in the last 12 months.
Operating cash flow was below net profit in 4 of the last 4 years (FY26, FY25, FY24, FY23).
Revenue was higher than a year earlier in 4 of the last 4 quarters.
Other income was 42% of net profit in the last 12 months.
Debtor days went from 72 (FY24) to 154 (FY26).
No dividend in the last 4 financial years.
Price ₹3,306.80 on 2026-10-26: -52.7% from the 52-week high, +10.4% from the 52-week low.

Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.

Charts

Weekly close · high ₹7,544.70 · low ₹3,072.80

Quarterly results

₹ cr	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Revenue	572	661	984	673	906	804	1,243	946
EBITDA	82	94	168	113	148	117	194	148
OPM %	14.4%	14.2%	17.1%	16.8%	16.3%	14.5%	15.6%	15.6%
Other income	34	25	20	27	43	45	42	14
Net profit	0	66	117	75	121	77	91	56
EPS (₹)	9.38	10.39	18.12	11.63	18.56	11.34	13.32	8.42
Revenue YoY					+58.4%	+21.6%	+26.2%	+40.5%
Profit YoY					+1,01,075.0%	+15.3%	-21.9%	-24.4%

Consolidated figures where filed. Latest quarter Jun 2026.

Profit & loss (yearly)

₹ cr	FY23	FY24	FY25	FY26	TTM
Revenue	1,126	1,805	2,722	3,626	3,899
EBITDA	168	254	411	571	606
Net profit	58,14,250	183	294	364	346
EPS (₹)	19.84	30.63	45.82	54.85	51.64
Revenue growth		+60.3%	+50.8%	+33.2%	+34.9%
Profit growth		-100.0%	+60.7%	+23.7%	+34.0%
Dividend / share (₹)	–	–	–	–

Compounded growth	3 years	5 years	Last 12 months
Sales	+47.7%	–	+34.9%
Net profit	-96.0%	–	+34.0%
EPS	+40.3%	–	–
Share price	–	-25.2% (2y)	-53.9%

Balance sheet

₹ cr	FY23	FY24	FY25	FY26
Shareholders' equity	959	2,487	2,840	4,748
Borrowings	136	306	875	875
Cash & equivalents	486	1,526	1,056	799
Total assets	1,419	3,265	4,641	6,894
Fixed assets	90	259	504	1,110
Capital work in progress	11	77	300	372
Investments	3	132	132	257
Receivables	227	356	575	1,528
Inventory	413	548	814	1,103
Payables	223	361	683	851

Year-end figures from the March annual filing.

Cash flow

₹ cr	FY23	FY24	FY25	FY26
Cash from operations	-43	70	-82	-600
Cash from investing	-377	-1,505	-355	-917
Cash from financing	554	1,429	465	1,580
Capex	0	383	949	1,240
Free cash flow	-43	-312	-1,031	-1,841

Free cash flow = cash from operations − capex.

Ratios by year

₹ cr	FY23	FY24	FY25	FY26
ROE %	6,06,256.0%	7.4%	10.4%	7.7%
ROCE %	14.7%	10.2%	12.7%	11.0%
Debtor days	74	72	77	154
Inventory days	193	150	156	170
Payable days	104	99	131	131
Cash conversion cycle (days)	163	123	102	193
Working capital days	264	374	134	213

Shareholding

Holder	% (2026-09-30)
Promoters	53.31%
FIIs	6.07%
DIIs	12.48%
of which Mutual funds	10.39%
of which Insurance	0.75%
Government	0.00%
Public (non-institutions)	28.13%

Quarter	Mar 2025	Jun 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Promoters %	57.75%	53.52%	53.52%	53.46%	53.46%	53.46%	53.46%	53.31%

Promoter group	%
Ramesh Kunhikannan	53.28%
Savitha Ramesh	0.03%
Ramesh Kunhikannan (Trustee of RK Family Trust)	0.00%
Leela Raghunath	0.00%
Vijaya Jayaprakash	0.00%
Sanjay Raghunath	0.00%
Kandoth Puthemveettil Shantha	0.00%
Suresh Kunhikannan	0.00%
Premita Govind	0.00%
Kaynes Circuits Private Limited	0.00%
Cheyyur Real Estates Private Limited	0.00%
Cheyyur Properties Private Limited	0.00%
Nambi Reality Private Limited	0.00%
A-ID Systems (India) Private Limited	0.00%
Atlab Education India Private Limited	0.00%

Public holders above 1%	%
Nippon Life India Trustee Ltd-A/C Nippon India Value Fund	3.82%
Hdfc Trustee Company Ltd. A/C Hdfc Balanced Advantage Fund	3.45%
Axis Mutual Fund Trustee Limited A/C Axis Mutual Fund A/C Axis Small Cap Fund	1.74%
Freny Firoze Irani	1.60%

4,28,702 shareholders. Pledged: – of promoter shares.

Peers in Industrial Products

Company	Market cap	P/E	P/B	ROE	ROCE	OPM	Sales 3y	Div yield
INDOMIM	₹52,085 cr	–	–	–	–	–	–	–
CPPLUS	₹45,577 cr	94.7x	24.3x	25.5%	33.3%	14.5%	–	0.04%
SYRMA	₹28,803 cr	77.7x	10.1x	17.4%	17.6%	11.1%	+33.0%	0.10%
HONAUT	₹27,500 cr	50.1x	6.2x	13.0%	16.9%	13.3%	+10.7%	0.34%
KAYNES	₹22,167 cr	64.0x	4.7x	9.1%	11.1%	15.5%	+47.7%	–
JYOTICNC	₹20,523 cr	63.8x	10.3x	17.4%	18.5%	24.4%	–	–
LMW	₹17,267 cr	84.2x	5.7x	7.0%	9.3%	7.1%	-12.1%	0.19%
TEGA	₹12,752 cr	447.9x	3.7x	0.9%	4.5%	7.5%	+11.7%	0.11%
LLOYDSENGG	₹12,248 cr	48.1x	7.3x	14.1%	15.1%	14.2%	+60.9%	0.27%
DYNAMATECH	₹8,303 cr	195.7x	10.5x	5.6%	9.1%	10.3%	+7.2%	0.04%

All 152 companies in Industrial Products →

Dividends & corporate actions

Ex-date	Action	Detail
2023-09-08	Other	Annual General Meeting

Documents

Links go to the original files on the exchange website.

About the company

Electronics Manufacturing Services: Electronics System Design and Manufacturing (ESDM)


Sector	Industrials
Industry	Industrial Products
Sub-industry	Industrial Products
Symbol	KAYNES
BSE code	543664
ISIN	INE918Z01012
Face value	₹10.0
Incorporated	2008-03-28
Website	www.kaynestechnology.co.in
Plants (India / abroad)	10 / 0

From the company's filings (BRSR FY26).

Data built 2026-10-22 from NSE company filings (XBRL: Integrated Filing - Financials + financial results), NSE shareholding & pledge data; price = NSE close 2026-10-26.