KAYNES TECHNOLOGY INDIA LIMITED
₹3,139.00-₹41.55 (-1.3%)
Last close · Data as of Oct 30, 2026
- Market cap
- ₹24,763 Cr
- P/E
- 115.0x
- EV / EBITDA
- 103.5x
- Revenue
- ₹1,915 Cr
- Net margin
- 9.9%
- ROCE
- 6.4%
Price chart
Technical chartScreen technicals →-53.8% over the last year
Daily closes.
Go deeper
Technical chart: candles, 9 moving averages, RSI, MACD and drawing tools
Performance
Price change over each period, before dividends.
- 1M
- -10.5%
- 3M
- -13.3%
- 6M
- -22.5%
- 1Y
- -53.8%
- 5Y
- +321.3%
52-week range
Day change -₹41.55 (-1.3%) from ₹3,181 to ₹3,139 · Last close Oct 30, 2026
Best weekday to invest, historically
The same weekly amount in KAYNES, bought on each weekday since 2022.
AI Summary
Indian StockStrengths1
- Strong 5-year revenue CAGR of 28.8%
Concerns1
- Low return on equity of 5.2%
Rule-based from financial data. Not advice.
About the company
Kaynes Technology India Limited operates as an end-to-end and IoT solutions-enabled integrated electronics manufacturer in India and internationally. It provides conceptual design, process engineering, integrated manufacturing, and life cycle support for various industries including automotive, industrial, aerospace and defence, outer-space, nuclear, medical, railways, internet of things, information technology, and other industries. Kaynes Technology India Limited was founded in 1988 and is based in Mysore, India.
- Sector
- Industrials
- Shares outstanding
- 6.7 Cr shares
- ISIN
- INE918Z01012
- BSE code
- 543664
Key statistics
Screen fundamentals →Valuation, profitability, growth and solvency at the latest close; hover a label for its meaning.
Valuation
- Market cap
- ₹24,763 Cr
- P/E
- 115.0x
- P/B
- 5.7x
- EV / EBITDA
- 103.5x
- EV / Sales
- 19.3x
- P/S
- 19.4x
- Earnings yield
- 0.9%
- 52-week high
- ₹7,014.65
- 52-week low
- ₹3,001.60
Profitability
- Operating margin
- 13.6%
- Net margin
- 9.9%
- EBITDA margin
- 18.6%
- ROE
- 5.2%
- ROCE
- 6.4%
- ROA
- 4.2%
- Dividend payout
- 0.0%
- Tax rate
- 21.0%
- Other income, % of PBT
- 39.8%
Growth
- RevenueLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- ₹1,915 Cr
- Revenue growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 50.3%
- Revenue CAGR, 5YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 28.8%
- EBITDALatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- ₹237 Cr
- EBITDA growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 33.1%
- Net profit growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 66.7%
- Net profit CAGR, 5YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 62.9%
- Cash from operationsLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- -₹78.0 Cr
- CFO growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 50.0%
- Free cash flowLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- ₹2.00 Cr
- Asset growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 112.0%
Solvency and efficiency
- Current ratio
- 10.52
- Debt / Equity
- 0.11
- Debt / Assets
- 0.09
- Debt / EBITDA
- 1.18
- Interest coverage
- 3.09
- Financial leverage
- 1.22
- CFO / Net profit
- -0.62
- Cash / Market cap
- 10.3%
- Cash per share
- ₹382.04
- Asset turnover
- 0.43
- Fixed asset turnover
- 6.40
- Capital intensity
- 0.16
- Debtor days
- 36 days
- Inventory turnover
- 1.93
- Cash conversion cycle
- 150 days
Where the revenue went
Of every ₹100 of FY2025 revenue, ₹11 was left as net profit.
| From | To | Amount |
|---|---|---|
| Sales | Expenses | ₹1,658 Cr |
| Sales | Operating profit | ₹257 Cr |
| Operating profit | Interest | ₹91 Cr |
| Operating profit | Depreciation | ₹27 Cr |
| Operating profit | Profit before tax | ₹139 Cr |
| Other income | Profit before tax | ₹137 Cr |
| Profit before tax | Tax and other | ₹65 Cr |
| Profit before tax | Net profit | ₹210 Cr |
Revenue and net profit
Revenue grew 50.3% in FY2025; net profit is the dashed line.
| Date | Revenue | Net profit |
|---|---|---|
| FY2021 | ₹392 Cr | ₹8 Cr |
| FY2022 | ₹671 Cr | ₹41 Cr |
| FY2023 | ₹1,086 Cr | ₹95 Cr |
| FY2024 | ₹1,274 Cr | ₹126 Cr |
| FY2025 | ₹1,915 Cr | ₹210 Cr |
Cash flows
FY2025: ₹65.0 Cr from operations, -₹257 Cr free after investment (dashed).
| Date | Operating cash flow | Free cash flow |
|---|---|---|
| FY2021 | ₹13 Cr | -₹7 Cr |
| FY2022 | ₹15 Cr | -₹22 Cr |
| FY2023 | -₹52 Cr | -₹532 Cr |
| FY2024 | -₹78 Cr | -₹1,405 Cr |
| FY2025 | ₹65 Cr | -₹257 Cr |
Growth
Latest fiscal year FY2025 (ending March): each figure with its change over the year before.
- Revenue
- ₹1,915 Cr+50.3%1Y
- Net profit
- ₹210 Cr+66.7%1Y
- Cash from operations
- ₹65 Cr
- Free cash flow
- -₹257 Cr
- Revenue CAGR, 5Y
- 28.8%
- EBITDA CAGR, 5Y
- 40.7%
- Net profit CAGR, 5Y
- 62.9%
| Year | Revenue | Operating income | EBITDA | Net profit | CFO | FCF | ROE | Revenue growth 1Y | Net profit growth 1Y |
|---|---|---|---|---|---|---|---|---|---|
| FY2025 | ₹1,915 Cr | ₹257 Cr | — | ₹210 Cr | ₹65 Cr | -₹257 Cr | 7.9% | +50.3% | +66.7% |
Monthly returns
Month-by-month returns of KAYNES across the years, with the seasonal pattern.
Balance sheet
What the company owns and owes at the end of FY2025.
| Line | FY2025 |
|---|---|
| Liabilities and equity | ₹3,889 Cr |
| Equity capital | ₹64 Cr |
| Reserves | ₹2,579 Cr |
| Borrowings | ₹627 Cr |
| Other liabilities | ₹619 Cr |
| Assets | ₹3,889 Cr |
| Fixed assets | ₹237 Cr |
| Capital work in progress | ₹75 Cr |
| Investments | ₹294 Cr |
| Other assets | ₹3,283 Cr |
Market cap against peers
8 peers: same sector group, nearest by size.
P/E against peers
KAYNES trades at 115.0x earnings against a peer median of 38.3x (a 201% premium).
Peer comparison
Same-sector peers by market cap, with the median.
| Company | Market cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|
| KAYNES TECHNOLOGY INDIA LIMITEDKAYNESthis companyP/E ↑ premium | ₹24,763 Cr | 115.0x | 5.7x | 5.2% | 103.5x |
| NBCC (India) LimitedNBCC | ₹28,407 Cr | 45.6x | 11.2x | 16.1% | 58.1x |
| PTC Industries Ltd.PTCIL | ₹27,033 Cr | 684.0x | 20.1x | 3.9% | 430.2x |
| IRB Infrastructure Developers LimitedIRB | ₹24,693 Cr | 27.4x | 1.6x | 8.0% | 20.1x |
| HBL ENGINEERING LIMITEDHBLENGINE | ₹23,438 Cr | 35.8x | 12.0x | 21.9% | 57.2x |
| Timken India LtdTIMKEN | ₹22,941 Cr | 50.4x | 8.3x | 16.2% | 36.9x |
| Firstsource Solutions Ltd.FSL | ₹22,755 Cr | 53.1x | 8.7x | 13.3% | 46.6x |
| eClerx Services LimitedECLERX | ₹21,910 Cr | 55.5x | 15.0x | 23.6% | 38.9x |
| Redington LimitedREDINGTON | ₹21,342 Cr | 15.2x | 4.5x | 29.8% | 13.7x |
| Peer median | — | 38.3x | 5.2x | 15.2% | 25.8x |
Year-to-date ROI
KAYNES since 1 January, against earlier years.
Historical volatility
KAYNES's day-to-day swings over 30, 60 and 180 days.
Financial statements
Income statement, balance sheet and cash flow as reported, in ₹ crore, grouped into plain-language lines.
Figures in ₹ crore as reported, fiscal years ending March, newest first; the trailing twelve months (TTM) last.
Operating margin by fiscal year
| Date | Operating margin |
|---|---|
| FY2021 | 9.0% |
| FY2022 | 14.0% |
| FY2023 | 15.0% |
| FY2024 | 14.0% |
| FY2025 | 13.0% |
| Line | FY2025 |
|---|---|
| RevenueSales | ₹1,915 Cr |
| Costs | |
| Interest | ₹91 Cr |
| Expenses | ₹1,659 Cr |
| Operating profitOperating Profit | ₹257 Cr |
| Other income and charges | |
| Profit before tax | ₹275 Cr |
| Tax | |
| Net profitNet Profit | ₹210 Cr |
| Per share |
| Line | FY2025 |
|---|---|
| Liabilities and equityTotal Liabilities | ₹3,889 Cr |
| Equity capitalEquity Capital | ₹64 Cr |
| Reserves | ₹2,579 Cr |
| Borrowings | ₹627 Cr |
| Other liabilitiesOther Liabilities | ₹619 Cr |
| AssetsTotal Assets | ₹3,889 Cr |
| Fixed assetsFixed Assets | ₹237 Cr |
| Capital work in progressCWIP | ₹75 Cr |
| Investments | ₹294 Cr |
| Other assetsOther Assets | ₹3,283 Cr |
| Line | FY2025 |
|---|---|
| Operating cash flowCash from Operating Activity | ₹65 Cr |
| Investing cash flowCash from Investing Activity | -₹322 Cr |
| Financing cash flowCash from Financing Activity | ₹259 Cr |
| Change in cashNet Cash Flow | ₹2 Cr |
Learn while you research
Academy chapters picked for KAYNES TECHNOLOGY INDIA LIMITED and the metrics on this page.
- 01 Taxes on Investments (India)LTCG, STCG, dividend tax, what every Indian investor needs.6 min read
- 02 Stock Valuation BasicsHow to think about what a fair price for a stock looks like.7 min read
- 03 Valuation Multiples ExplainedThis stock trades at a P/E of 115.0, learn when high multiples are justified.6 min read
- 04 Growth Investing50% revenue growth is in the top tier, learn how to value growth.7 min read
- 05 Business Cycles & StocksThese cyclical sectors win and lose in different macro phases.6 min read
- 06 Essential Stock RatiosP/E, P/B, EV/EBITDA, what they mean and when to use each.7 min read