| 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
- ₹3,388.10
- Market cap
- ₹22,712 Cr
- Revenue (annual)
- ₹3,626 Cr
- Net profit (annual)
- ₹363.9 Cr
- P/E (TTM)
- 65.7×Sector 45.6×
- 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.
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