Kaynes Tech

What does Kaynes Tech do?

Kaynes Technology India Ltd is a large-cap industrial manufacturing company based in Mysore, Karnataka, incorporated in 2008 and transitioned to a public company in 2022. As of March 2025, it reported net sales of ₹984 Cr and a net profit of ₹116 Cr, with a market cap of ₹36,664 Cr.

Overview:<BR>Kaynes Technology India Ltd operates in the industrial manufacturing sector and is categorized as a large-cap company.<BR><BR>History:<BR>The company was incorporated on March 28, 2008, in Mysore, Karnataka, initially as a Private Limited Company. It transitioned to a Public Limited Company on March 24, 2022, and received a fresh Certificate of Incorporation on March 31, 2022. The latest quarterly results reported net sales and net profit for the period ending March 2025.<BR><BR>Financial Snapshot:<BR>Most recent Net Sales: 984 Cr (Quarterly Results - Mar 2025) <BR>Most recent Net Profit: 116 Cr (Quarterly Results - Mar 2025) <BR>Market-cap value: Rs 36,664 Cr (Large Cap)<BR><BR>Key Metrics:<BR>P/E: 123.00 <BR>Industry P/E: 71 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: -0.05 <BR>Return on Equity: 10.34% <BR>Price to Book: 12.77 <BR><BR>Contact Details:<BR>Details: No Company Details Available <BR>Registrar Address: Not available.

Who are in the management team of Kaynes Tech?

As of March 2022, the management team of Kaynes Tech includes Savitha Ramesh (Chairman & Executive Director), Ramesh Kunhikannan (Managing Director), Jairam Paravastu Sampath (Whole Time Director & CFO), and several Independent Directors: SEEPLAPUTHUR GANAPATHIRAMASWAMY MURALI, ANUP KUMAR, Koshy Alexander, POORNIMA RANGANATH, and Heinz Moitzi. This team offers a diverse range of expertise in leadership.

As of March 2022, the management team of Kaynes Tech includes the following individuals:<BR><BR>1. Savitha Ramesh - Chairman & Executive Director<BR>2. Ramesh Kunhikannan - Managing Director<BR>3. Jairam Paravastu Sampath - Whole Time Director & CFO<BR>4. SEEPLAPUTHUR GANAPATHIRAMASWAMY MURALI - Independent Director<BR>5. ANUP KUMAR - Independent Director<BR>6. Koshy Alexander - Independent Director<BR>7. POORNIMA RANGANATH - Independent Director<BR>8. Heinz Moitzi - Independent Director<BR><BR>This team brings a diverse range of expertise to the company's leadership.

Has Kaynes Tech declared dividend?

No Dividend History Available

Who are the peers of the Kaynes Tech?

Kaynes Tech's peers include Honeywell Auto, Jyoti CNC Auto, LMW, Jupiter Wagons, Elecon Engg.Co, Titagarh Rail, Tega Inds., Syrma SGS Tech, Praj Industries, and Lloyds Engineering. Kaynes Tech shows excellent growth and management risk, with the highest 1-year return among peers at 65.58%.

Peers: The peers of Kaynes Tech are Honeywell Auto, Jyoti CNC Auto., LMW, Jupiter Wagons, Elecon Engg.Co, Titagarh Rail, Tega Inds., Syrma SGS Tech., Praj Industries, and Lloyds Engineeri.<BR><BR>Quality Snapshot: Excellent management risk is observed at Honeywell Auto, Jyoti CNC Auto., Elecon Engg.Co, Tega Inds., and Praj Industries, while Good management risk is found at Kaynes Tech, Jupiter Wagons, and Syrma SGS Tech. Average management risk is present at LMW, Titagarh Rail, and Lloyds Engineeri. For growth, Excellent growth is noted at Kaynes Tech, Jyoti CNC Auto., Jupiter Wagons, and Praj Industries, while Good growth is seen at Elecon Engg.Co, Syrma SGS Tech., and Titagarh Rail. Below Average growth is reported for Honeywell Auto, LMW, and Tega Inds. In terms of Capital Structure, Excellent capital structure is found at Honeywell Auto, LMW, Jupiter Wagons, Elecon Engg.Co, Tega Inds., and Praj Industries, while Good capital structure is observed at Kaynes Tech and Syrma SGS Tech, and the rest have Average capital structure.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Kaynes Tech at 65.58%, while the lowest is Honeywell Auto at -26.32%. Kaynes Tech's 1-year return is significantly higher than that of Honeywell Auto. Additionally, LMW, Jupiter Wagons, Titagarh Rail, and Praj Industries all have negative six-month returns.

Is Kaynes Tech overvalued or undervalued?

As of January 5, 2023, Kaynes Tech is considered very expensive and overvalued with a high PE ratio of 125.17 and unfavorable comparisons to peers, alongside a year-to-date return of -23.45%, contrasting with the Sensex's gain of 5.56%.

As of 5 January 2023, the valuation grade for Kaynes Tech has moved from does not qualify to very expensive, indicating a significant shift in its perceived value. The company is currently overvalued, as evidenced by its high PE ratio of 125.17, an EV to EBITDA ratio of 89.08, and a PEG ratio of 2.10. These figures suggest that the stock price is not justified by its earnings growth potential.<BR><BR>In comparison to its peers, Kaynes Tech's valuation metrics stand out unfavorably. For instance, Honeywell Automation India Ltd. has a PE ratio of 65.93 and an EV to EBITDA of 54.27, while Genus Power Infrastructures Ltd. shows a PE of 38.52 and an EV to EBITDA of 28.56. These comparisons further reinforce the notion that Kaynes Tech is trading at a premium relative to its industry peers. Additionally, the company's recent stock performance has been underwhelming, with a year-to-date return of -23.45%, contrasting sharply with the Sensex's gain of 5.56% during the same period.

Who are the top shareholders of the Kaynes Tech?

The top shareholders of Kaynes Tech include promoter Ramesh Kunhikannan with 53.49%, mutual funds holding 18.2%, foreign institutional investors at 10.67%, and individual investors with 10.37%. The largest public shareholder is the Motilal Oswal Midcap Fund, owning 4.1%.

The top shareholders of Kaynes Tech include the promoters, who hold a majority stake in the company. Ramesh Kunhikannan is the promoter with the highest holding at 53.49%. Additionally, mutual funds hold 18.2% of the shares through 32 schemes, while foreign institutional investors (FIIs) own 10.67% across 224 entities. The highest public shareholder is the Motilal Oswal Midcap Fund, which holds 4.1%. Individual investors collectively own 10.37% of the shares.

How big is Kaynes Tech?

As of 24th July, Kaynes Technology India Ltd has a market capitalization of 38,700.00 Cr, with recent net sales of 2,721.76 Cr and net profit of 293.65 Cr over the last four quarters.

As of 24th July, <BR><BR>Market Cap: Kaynes Technology India Ltd has a market capitalization of 38,700.00 Cr and is classified as a Large Cap company.<BR><BR>Recent Quarterly Performance: The sum of Net Sales for the latest 4 quarters is 2,721.76 Cr, while the sum of Net Profit for the same period is 293.65 Cr.<BR><BR>Balance Sheet Snapshot: The reporting period is March 2024, with Shareholder's Funds amounting to 2,486.89 Cr and Total Assets totaling 3,265.18 Cr.

Are Kaynes Tech latest results good or bad?

Kaynes Technology's latest results show strong year-on-year growth in net sales and profit, but significant quarter-on-quarter declines raise concerns about short-term performance. Additionally, increasing debt levels could impact financial health moving forward.

Kaynes Technology's latest results present a mixed picture. On one hand, the company has shown strong year-on-year growth in net sales and profit after tax (PAT) for the six-month period, with net sales increasing by 45.27% to Rs 1,657.95 crore and PAT rising by 44.51% to Rs 190.81 crore. This indicates a robust performance and positive momentum in the near term.<BR><BR>However, when looking at the quarter-on-quarter results for June 2025, there are significant declines. Both net sales and net profit experienced sharp decreases of 31.59% and 35.79%, respectively, compared to the previous quarter. This downward trend raises concerns about the company's short-term performance.<BR><BR>Additionally, the increase in interest expenses and the rising debt-equity ratio suggest that Kaynes Technology is becoming more reliant on debt, which could strain its financial health moving forward. Overall, while the long-term growth indicators are encouraging, the recent quarterly performance and rising debt levels warrant caution.

When is the next results date for Kaynes Tech?

The next results date for Kaynes Tech is November 4, 2025.

The next results date for Kaynes Tech is scheduled for November 4, 2025.

How has been the historical performance of Kaynes Tech?

Kaynes Tech has shown significant growth from Mar'20 to Mar'25, with net sales increasing from 368.24 Cr to 2,721.75 Cr, and profit after tax rising from 9.36 Cr to 293.43 Cr. The company's total assets also expanded from 378.12 Cr to 4,641.22 Cr, indicating robust financial performance and improved liquidity.

Answer:<BR>The historical performance of Kaynes Tech shows significant growth over the years, particularly in net sales and profit metrics.<BR><BR>Breakdown:<BR>Kaynes Tech has demonstrated impressive growth in net sales, increasing from 368.24 Cr in Mar'20 to 2,721.75 Cr in Mar'25. This upward trend is reflected in total operating income, which also rose from 368.24 Cr in Mar'20 to 2,721.75 Cr in Mar'25. The company's operating profit (PBDIT) has similarly surged, reaching 517.66 Cr in Mar'25 from just 43.27 Cr in Mar'20. Profit before tax has followed suit, climbing to 371.62 Cr in Mar'25 from 11.28 Cr in Mar'20, while profit after tax reached 293.43 Cr in Mar'25, a substantial increase from 9.36 Cr in Mar'20. The company's total assets have expanded significantly, growing from 378.12 Cr in Mar'20 to 4,641.22 Cr in Mar'25, alongside total liabilities which increased from 378.12 Cr to 875.48 Cr in the same period. Cash flow analysis indicates a net cash inflow of 28.00 Cr in Mar'25, contrasting with a net outflow of 6.00 Cr in Mar'24, showcasing improved liquidity. Overall, Kaynes Tech's financial trajectory reflects robust growth and operational efficiency over the years.

Is Kaynes Tech technically bullish or bearish?

As of December 1, 2025, the market trend has shifted to mildly bearish, indicated by bearish weekly MACD momentum, Dow Theory, and Bollinger Bands, despite daily moving averages showing mild bullishness.

As of 1 December 2025, the technical trend has changed from mildly bullish to mildly bearish. The current stance is mildly bearish, driven by the weekly MACD indicating bearish momentum and the Dow Theory also reflecting a mildly bearish outlook. The Bollinger Bands are bearish on a weekly basis, while the monthly indicators show a sideways trend. The daily moving averages remain mildly bullish, but this is overshadowed by the overall bearish signals from the weekly timeframe. The stock has underperformed significantly against the Sensex over multiple periods, further supporting the bearish sentiment.

Should I buy, sell or hold Kaynes Tech?

Why is Kaynes Technology India Ltd falling/rising?

As of 27-Jan, Kaynes Technology India Ltd's stock price is at Rs. 3,328.95, down 1.41%, and has reached a new 52-week low. The stock has significantly underperformed, with a year-to-date decline of -36.82%, despite some positive financial indicators.

As of 27-Jan, Kaynes Technology India Ltd's stock price is falling, currently at Rs. 3,328.95, reflecting a decrease of Rs. 47.6 or 1.41%. The stock has underperformed significantly over various periods, with a 1-week decline of 4.37% and a 1-month drop of 18.03%. Notably, it has reached a new 52-week low of Rs. 3,295.65 today, indicating a continued downward trend.<BR><BR>The stock has been losing value for the past two days, with a total decline of 5.61% during this period. It is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, which typically signals a bearish trend. Additionally, the stock's performance today has underperformed its sector by 0.9%.<BR><BR>Despite some positive factors, such as a low debt-to-equity ratio and strong growth in net sales and operating profit, the stock's valuation appears expensive with a return on equity (ROE) of 8.1 and a price-to-book value of 4.8. Over the past year, while the company's profits have increased by 59.5%, the stock has generated a negative return of -36.82%, significantly underperforming the broader market, which has seen returns of 8.76%.<BR><BR>Overall, the combination of recent price declines, poor performance relative to benchmarks, and high valuation metrics contribute to the ongoing fall in Kaynes Technology India Ltd's stock price.

Which are the latest news on Kaynes Tech?