Kaynes Technology India Limited Share Price & Analysis
Price Chart
Fundamentals
Strengths
- Low debt relative to equity (D/E 0.2x)
- Near 52-week low — potential value zone (₹2,995)
Concerns
Today's Price Action
The stock closed at ₹3,140 with zero change on the day. Trading volume matched the 20‑day average at 2,438,431 shares, indicating a neutral participation level. The price remained within a narrow 0.2% band around the prior close, suggesting limited momentum.
Valuation Snapshot
Kaynes Technology India Limited trades at a forward P/E of 61.7, considerably higher than the sector’s P/E of zero, reflecting elevated earnings expectations. The company’s return on equity stands at 8.69%, suggesting moderate profitability relative to its capital base. The earnings yield implied by the P/E is about 1.6%, which is modest compared to the sector average of 0%.
Key Levels to Watch
The current price sits slightly above the lower‑band of the 52‑week range, which is ₹2,995, and well below the upper‑band of ₹6,998, offering a potential support cushion. Turnover shows that the ₹3,200‑₹3,300 zone has acted as a ceiling in the last months. Open‑interest data does not reveal any pronounced concentration above the current level, implying the market lacks a clear resistance cluster at this moment.
Chart Pattern
In the daily timeframe, a bullish engulfing candle formed three days ago, preceded by a bearish harami six days ago and another bullish engulfing seven days ago, illustrating alternating reversal attempts within the short‑term price action.
Data Summary
The stock’s market capitalization is reported as ₹0 Cr, reflecting either a data omission or a negligible free‑float valuation. With a price‑to‑book ratio of zero and a P/E of 61.7, the valuation metrics stand out against the broader capital‑goods sector. No dividend yield is reported for the fiscal year.
Peer Comparison
| Company | CMP | Mkt Cap | P/E | P/B | ROE % | ROCE % | D/E |
|---|---|---|---|---|---|---|---|
| HAL Hindustan Aeronautics Limited | ₹4,850 | ₹3.2L Cr | 33.9 | 7.9 | 24 | 32 | 0 |
| BEL Bharat Electronics Limited | ₹363 | ₹2.6L Cr | 43 | 11.08 | 27.4 | 36.4 | 0 |
| TMCV Tata Motors Limited | ₹— | ₹1.5L Cr | 20.4 | 10.71 | 34 | 35.9 | 0.44 |
| BHEL Bharat Heavy Electricals Limited | ₹405 | ₹1.3L Cr | 46.9 | 5.28 | 6.23 | 9.14 | 0.22 |
| ABB ABB India Limited | ₹6,490 | ₹1.3L Cr | 84.4 | 14.72 | 22.4 | 29.9 | 0.02 |
| ENRIN Siemens Energy India Limited | ₹2,840 | ₹1.3L Cr | 98.46 | 26.82 | — | — | 0.04 |
| CGPOWER CG Power and Industrial Solutions Limited | ₹832 | ₹1.3L Cr | 91.7 | 15 | 20.5 | 26.7 | 0.02 |
Showing 7 peers in the same sector · Sorted by market cap
Shareholding Pattern
KAYNES · as of Mar 2026
| Category | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Promoters | 57.83% | 57.83% | 57.83% | 57.75% | 57.75% | 57.75% |
| FII | 12.71% | 14.19% | 14.27% | 14.92% | 14.84% | 11.17% |
| DII | 19.04% | 18.36% | 17.88% | 16.07% | 15.04% | 16.98% |
| Public | 10.41% | 9.61% | 10.03% | 11.25% | 12.37% | 14.10% |
Corporate Events
To consider and approve the financial results for the period ended Jun 30, 2026
To consider and approve the financial results for the period ended March 31, 2026
Annual General Meeting
Latest News
All newsKaynes appoints new internal auditor for FY 2026-27
*Kaynes appoints new internal auditor for FY 2026-27.* This is a routine corporate appointment with no immediate financial implications. The move aligns with standard compliance requirements for internal audit functions. 📊 *STOCKS:* KAYNES | 🏢 *SECTOR:* CapitalMarkets | #LOWIMPACT #ManagementChange
Kaynes appoints internal auditor for FY26–27
*Kaynes appoints internal auditor for FY26–27.* This is a routine compliance appointment ahead of the new financial year. No financial or operational implications are indicated. 📊 *STOCKS:* KAYNES | 🏢 *SECTOR:* CapitalMarkets | #LOWIMPACT #Corporate
Kaynes Technology receives analyst stock forecast update
*Kaynes Technology receives updated stock forecast from analysts.* Analyst predictions suggest **₹5,200** as a potential target, reflecting strong confidence. The stock has surged **over 200%** in the past year on strong order inflows. Recent performance driven by increased demand in electronics manufacturing. 📊 *STOCKS:* $KAYNES | 🏢 *SECTOR:* CapitalMarkets | #MEDIUMIMPACT #BrokerCall
Kaynes Tech holds AGM, submits voting results to NSE
*Kaynes Tech holds AGM, submits voting results to NSE* — Kaynes Technology India Limited has filed the scrutinizers report of its Annual General Meeting held on **September 17, 2026**, with the NSE. The company disclosed the voting outcomes for all resolutions. This is a routine compliance update with no immediate market-moving developments. 📊 *STOCKS:* $KAYNES | 🏢 *SECTOR:* CapitalMarkets | #LOWIMPACT #AGM
Kaynes Tech hosts investor meet; updates discussed
*Kaynes Tech hosts investor meet; updates discussed.* The company held an analyst and institutional investor meet to share business updates. No major announcements or financial revisions were disclosed. The session aimed at enhancing investor awareness and engagement. 📊 *STOCKS:* $KAYNES | 🏢 *SECTOR:* CapitalMarkets | #LOWIMPACT #InvestorMeet
Kaynes Technology publishes mandatory newspaper notice
Kaynes Technology India Limited has released a copy of its newspaper publication as part of regulatory compliance. This routine disclosure does not indicate any operational or financial development. Such filings are standard for public companies under SEBI norms. 📊 *STOCKS:* KAYNES | 🏢 *SECTOR:* CapitalMarkets | #LOWIMPACT #CorporateFiling
Kaynes Tech faces performance concerns amid market scrutiny
*Kaynes Tech faces performance concerns amid market scrutiny* — Recent analysis highlights weakening operational trends and margin pressures at Kaynes Technology. The stock, trading at **₹3,245**, shows signs of overvaluation with a high P/E of **58x** versus sector average of **40x**. Analysts warn of potential downside if execution falters in key IoT and EV projects. 📊 *STOCKS:* KAYNES | 🏢 *SECTOR:* Trading | #MEDIUMIMPACT #Performance
Analysts grow bearish on Kaynes Technology stock
*Analysts grow bearish on Kaynes Technology stock* following recent sentiment shifts. Multiple brokerages have revised their outlook, citing valuation concerns and margin pressures. The average target price has been trimmed by **8–12%** over the past month. Investor sentiment remains cautious ahead of upcoming quarterly results. 📊 *STOCKS:* KAYNES | 🏢 *SECTOR:* CapitalMarkets | #MEDIUMIMPACT #AnalystSentiment
Kaynes Tech misses FY26 guidance, Nuvama downgrades stock
*Kaynes Tech misses even its lowered FY26 guidance.* Nuvama has downgraded the stock to 'Reduce' with a revised target price of **₹4,000**, citing execution delays and margin pressures. Revenue growth and order ramp-up are trailing expectations despite strong order book visibility. 📊 *STOCKS:* $KAYNES | 🏢 *SECTOR:* CapitalMarkets | #MEDIUMIMPACT #BrokerDowngrade
Kaynes Tech independent director to resign by 2026
*Kaynes Tech independent director to resign by 2026.* An independent director at Kaynes Technology will step down effective May 31, 2026. The resignation is planned and not due to any dispute or operational issue. Corporate governance updates like this are routine and unlikely to affect stock performance. 📊 *STOCKS:* KAYNES | 🏢 *SECTOR:* CapitalMarkets | #LOWIMPACT #DirectorResignation
Financials
Quarterly Results
| Metric | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | ₹804 Cr 11.3% | ₹906 Cr 34.6% | ₹673 Cr 31.6% | ₹984 Cr 48.9% | ₹661 Cr 15.6% | ₹572 Cr 13.5% | ₹504 Cr 20.9% | ₹637 Cr |
| Op. Profit | ₹119 Cr 19.6% | ₹148 Cr 31.0% | ₹113 Cr 32.7% | ₹168 Cr 78.7% | ₹94 Cr 14.6% | ₹82 Cr 22.4% | ₹67 Cr 29.5% | ₹95 Cr |
| OPM | 15.0% 6.3% | 16.0% 5.9% | 17.0% 0.0% | 17.0% 21.4% | 14.0% 0.0% | 14.0% 7.7% | 13.0% 13.3% | 15.0% |
| Net Profit | ₹77 Cr 36.4% | ₹121 Cr 61.3% | ₹75 Cr 35.3% | ₹116 Cr 75.8% | ₹66 Cr 10.0% | ₹60 Cr 17.6% | ₹51 Cr 37.0% | ₹81 Cr |
| EPS (₹) | 11.43 36.9% | 18.11 62.6% | 11.14 38.6% | 18.15 74.9% | 10.38 10.3% | 9.41 18.5% | 7.94 37.5% | 12.71 |
Values in ₹ Cr · Source: Screener.in
Annual Profit & Loss
| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue | ₹3.6K Cr 33.2% | ₹2.7K Cr 50.8% | ₹1.8K Cr 60.3% | ₹1.1K Cr 59.5% | ₹706 Cr 68.1% | ₹420 Cr 14.1% | ₹368 Cr 1.1% | ₹364 Cr |
| Expenses | ₹3.0K Cr 32.2% | ₹2.3K Cr 48.9% | ₹1.5K Cr 61.9% | ₹956 Cr 56.5% | ₹611 Cr 61.6% | ₹378 Cr 16.3% | ₹325 Cr 0.9% | ₹328 Cr |
| Op. Profit | ₹578 Cr 38.9% | ₹416 Cr 61.9% | ₹257 Cr 51.2% | ₹170 Cr 78.9% | ₹95 Cr 126.2% | ₹42 Cr 2.3% | ₹43 Cr 19.4% | ₹36 Cr |
| OPM | 16.0% 6.7% | 15.0% 7.1% | 14.0% 6.7% | 15.0% 15.4% | 13.0% 30.0% | 10.0% 16.7% | 12.0% 20.0% | 10.0% |
| Other Income | ₹154 Cr 45.3% | ₹106 Cr 89.3% | ₹56 Cr 409.1% | ₹11 Cr 175.0% | ₹4 Cr 0.0% | ₹4 Cr 300.0% | ₹1 Cr 50.0% | ₹2 Cr |
| Interest | ₹121 Cr 14.2% | ₹106 Cr 89.3% | ₹56 Cr 55.6% | ₹36 Cr 33.3% | ₹27 Cr 8.0% | ₹25 Cr 0.0% | ₹25 Cr 25.0% | ₹20 Cr |
| Depreciation | ₹107 Cr 137.8% | ₹45 Cr 80.0% | ₹25 Cr 31.6% | ₹19 Cr 46.2% | ₹13 Cr 30.0% | ₹10 Cr 25.0% | ₹8 Cr 60.0% | ₹5 Cr |
| PBT | ₹504 Cr 35.5% | ₹372 Cr 60.3% | ₹232 Cr 84.1% | ₹126 Cr 113.6% | ₹59 Cr 436.4% | ₹11 Cr 0.0% | ₹11 Cr 21.4% | ₹14 Cr |
| Tax % | 28.0% 33.3% | 21.0% 0.0% | 21.0% 12.5% | 24.0% 17.2% | 29.0% 190.0% | 10.0% 41.2% | 17.0% 39.3% | 28.0% |
| Net Profit | ₹364 Cr 24.2% | ₹293 Cr 60.1% | ₹183 Cr 92.6% | ₹95 Cr 126.2% | ₹42 Cr 320.0% | ₹10 Cr 11.1% | ₹9 Cr 10.0% | ₹10 Cr |
| EPS (₹) | 54.28 18.5% | 45.8 59.7% | 28.68 75.2% | 16.37 81.3% | 9.03 292.6% | 2.3 0.9% | 2.32 2.5% | 2.38 |
| Div Payout | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Values in ₹ Cr · Source: Screener.in
Balance Sheet
| Item | Mar 2026 | Sep 2025 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 |
|---|---|---|---|---|---|---|---|---|---|
Liabilities | |||||||||
| Equity Capital | ₹67 Cr 0.0% | ₹67 Cr 4.7% | ₹64 Cr 0.0% | ₹64 Cr 10.3% | ₹58 Cr 26.1% | ₹46 Cr 557.1% | ₹7 Cr 0.0% | ₹7 Cr 0.0% | ₹7 Cr |
| Reserves | ₹4.7K Cr 1.5% | ₹4.6K Cr 66.2% | ₹2.8K Cr 14.6% | ₹2.4K Cr 168.9% | ₹901 Cr 477.6% | ₹156 Cr 18.2% | ₹132 Cr 37.5% | ₹96 Cr 11.6% | ₹86 Cr |
| Borrowings | ₹913 Cr 3.2% | ₹885 Cr 2.0% | ₹903 Cr 179.6% | ₹323 Cr 108.4% | ₹155 Cr 18.0% | ₹189 Cr 27.7% | ₹148 Cr 3.3% | ₹153 Cr 1.9% | ₹156 Cr |
| Other Liabilities | ₹1.2K Cr 5.7% | ₹1.2K Cr 30.0% | ₹898 Cr 96.9% | ₹456 Cr 49.5% | ₹305 Cr 32.0% | ₹231 Cr 75.0% | ₹132 Cr 8.2% | ₹122 Cr 6.1% | ₹115 Cr |
| Total Liabilities | ₹6.9K Cr 2.4% | ₹6.7K Cr 45.1% | ₹4.6K Cr 42.1% | ₹3.3K Cr 130.1% | ₹1.4K Cr 128.1% | ₹622 Cr 48.4% | ₹419 Cr 10.8% | ₹378 Cr 4.1% | ₹363 Cr |
Assets | |||||||||
| Fixed Assets | ₹1.6K Cr 3.7% | ₹1.7K Cr 95.9% | ₹845 Cr 164.9% | ₹319 Cr 141.7% | ₹132 Cr 16.8% | ₹113 Cr 41.3% | ₹80 Cr 21.2% | ₹66 Cr 24.5% | ₹53 Cr |
| CWIP | ₹511 Cr 27.1% | ₹402 Cr 2.8% | ₹391 Cr 272.4% | ₹105 Cr 262.1% | ₹29 Cr 262.5% | ₹8 Cr 38.5% | ₹13 Cr 8.3% | ₹12 Cr 500.0% | ₹2 Cr |
| Investments | ₹257 Cr 39.5% | ₹425 Cr 222.0% | ₹132 Cr 0.0% | ₹132 Cr 4300.0% | ₹3 Cr 50.0% | ₹2 Cr 0.0% | ₹2 Cr 0.0% | ₹2 Cr 0.0% | ₹2 Cr |
| Other Assets | ₹4.5K Cr 6.6% | ₹4.3K Cr 29.9% | ₹3.3K Cr 20.8% | ₹2.7K Cr 116.0% | ₹1.3K Cr 151.3% | ₹499 Cr 53.5% | ₹325 Cr 8.7% | ₹299 Cr 2.3% | ₹306 Cr |
| Total Assets | ₹6.9K Cr 2.4% | ₹6.7K Cr 45.1% | ₹4.6K Cr 42.1% | ₹3.3K Cr 130.1% | ₹1.4K Cr 128.1% | ₹622 Cr 48.4% | ₹419 Cr 10.8% | ₹378 Cr 4.1% | ₹363 Cr |
Values in ₹ Cr · Source: Screener.in
Cash Flow Statement
| Item | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 |
|---|---|---|---|---|---|---|---|---|
| Operating CF | ₹-600 Cr 631.7% | ₹-82 Cr 193.2% | ₹88 Cr 309.5% | ₹-42 Cr 300.0% | ₹21 Cr 25.0% | ₹28 Cr 37.8% | ₹45 Cr 662.5% | ₹-8 Cr |
| Investing CF | ₹-917 Cr 158.3% | ₹-355 Cr 76.7% | ₹-1.5K Cr 208.3% | ₹-494 Cr 997.8% | ₹-45 Cr 87.5% | ₹-24 Cr 140.0% | ₹-10 Cr 75.6% | ₹-41 Cr |
| Financing CF | ₹1.6K Cr 239.8% | ₹465 Cr 67.5% | ₹1.4K Cr 157.9% | ₹554 Cr 1951.9% | ₹27 Cr 2800.0% | ₹-1 Cr 97.1% | ₹-35 Cr 171.4% | ₹49 Cr |
| Net Cash Flow | ₹62 Cr 121.4% | ₹28 Cr 500.0% | ₹-7 Cr 136.8% | ₹19 Cr 375.0% | ₹4 Cr 100.0% | ₹2 Cr | ₹0 Cr | ₹0 Cr |
| Free Cash Flow | ₹-1.8K Cr 78.6% | ₹-1.0K Cr 249.5% | ₹-295 Cr 195.0% | ₹-100 Cr 376.2% | ₹-21 Cr 800.0% | ₹3 Cr 78.6% | ₹14 Cr 177.8% | ₹-18 Cr |
Values in ₹ Cr · Source: Screener.in
Key Ratios History
| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 |
|---|---|---|---|---|---|---|---|---|
| Debtor Days | 154d 100.0% | 77d 6.9% | 72d 2.7% | 74d 27.5% | 102d 3.8% | 106d 14.0% | 93d 24.4% | 123d |
| Inventory Days | 169d 8.3% | 156d 4.0% | 150d 21.5% | 191d 14.4% | 167d 20.1% | 209d 8.3% | 228d 23.9% | 184d |
| Days Payable | 131d 0.0% | 131d 32.3% | 99d 3.9% | 103d 14.9% | 121d 0.8% | 122d 12.2% | 139d 2.2% | 136d |
| Cash Conv. Cycle | 193d 89.2% | 102d 17.1% | 123d 24.1% | 162d 9.5% | 148d 23.3% | 193d 6.0% | 182d 6.4% | 171d |
| Working Capital Days | 133d 2000.0% | -7d 110.6% | 66d 38.3% | 107d 101.9% | 53d 6.0% | 50d 56.3% | 32d 15.8% | 38d |
| ROCE | 13.0% 7.1% | 14.0% 6.7% | 15.0% 31.8% | 22.0% 12.0% | 25.0% 92.3% | 13.0% 7.1% | 14.0% | — |
Source: Screener.in · Lower days = better efficiency
Deep Dive Analysis
About Kaynes Technology India Limited
Incorporated in 2008, Kaynes Technology is a leading end-to-end and IoT solutions-enabled integrated electronics manufacturing company. The company provides conceptual design, process engineering, integrated manufacturing, and life-cycle support for major players in the automotive, industrial, aerospace and defense, outer-space, nuclear, medical, railways, Internet of Things ("IoT"), Information Technology ("IT") and other segments.[1]
Capital GoodsIndustrial Manufacturing