Valuation Update With 7 Day Price Move • May 20
Investor sentiment deteriorates as stock falls 28% After last week's 28% share price decline to ₹3,002, the stock trades at a forward P/E ratio of 45x. Average forward P/E is 44x in the Electronic industry in India. Total returns to shareholders of 126% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₹1,467 per share. Price Target Changed • May 15
Price target decreased by 13% to ₹3,920 Down from ₹4,514, the current price target is an average from 21 analysts. New target price is 20% above last closing price of ₹3,273. Stock is down 48% over the past year. The company is forecast to post earnings per share of ₹71.77 for next year compared to ₹54.85 last year. New Risk • May 14
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 8.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (59% accrual ratio). Minor Risk Share price has been volatile over the past 3 months (8.9% average weekly change). Reported Earnings • May 14
Full year 2026 earnings: EPS and revenues miss analyst expectations Full year 2026 results: EPS: ₹54.85 (up from ₹45.86 in FY 2025). Revenue: ₹37.8b (up 39% from FY 2025). Net income: ₹3.64b (up 24% from FY 2025). Profit margin: 9.6% (down from 11% in FY 2025). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 5.9%. Earnings per share (EPS) also missed analyst estimates by 17%. Revenue is forecast to grow 24% p.a. on average during the next 3 years, compared to a 19% growth forecast for the Electronic industry in India. Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has increased by 43% per year, which means it is tracking significantly ahead of earnings growth. Announcement • May 04
Kaynes Technology India Limited to Report Q4, 2026 Results on May 13, 2026 Kaynes Technology India Limited announced that they will report Q4, 2026 results on May 13, 2026 Price Target Changed • Feb 07
Price target decreased by 7.1% to ₹5,148 Down from ₹5,544, the current price target is an average from 21 analysts. New target price is 39% above last closing price of ₹3,699. Stock is down 14% over the past year. The company is forecast to post earnings per share of ₹65.37 for next year compared to ₹45.86 last year. Reported Earnings • Feb 06
Third quarter 2026 earnings: EPS and revenues miss analyst expectations Third quarter 2026 results: EPS: ₹11.34 (up from ₹10.39 in 3Q 2025). Revenue: ₹8.49b (up 28% from 3Q 2025). Net income: ₹766.4m (up 15% from 3Q 2025). Profit margin: 9.0% (down from 10% in 3Q 2025). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 15%. Earnings per share (EPS) also missed analyst estimates by 38%. Revenue is forecast to grow 30% p.a. on average during the next 3 years, compared to a 19% growth forecast for the Electronic industry in India. Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has increased by 64% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Jan 27
Kaynes Technology India Limited to Report Q3, 2026 Results on Feb 05, 2026 Kaynes Technology India Limited announced that they will report Q3, 2026 results on Feb 05, 2026 Price Target Changed • Jan 20
Price target decreased by 7.9% to ₹5,664 Down from ₹6,153, the current price target is an average from 21 analysts. New target price is 63% above last closing price of ₹3,481. Stock is down 42% over the past year. The company is forecast to post earnings per share of ₹68.90 for next year compared to ₹45.86 last year. Price Target Changed • Dec 10
Price target decreased by 12% to ₹6,153 Down from ₹6,953, the current price target is an average from 21 analysts. New target price is 58% above last closing price of ₹3,882. Stock is down 40% over the past year. The company is forecast to post earnings per share of ₹70.57 for next year compared to ₹45.86 last year. New Risk • Dec 09
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 7.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (55% accrual ratio). Minor Risk Share price has been volatile over the past 3 months (7.9% average weekly change). Valuation Update With 7 Day Price Move • Dec 05
Investor sentiment deteriorates as stock falls 21% After last week's 21% share price decline to ₹4,359, the stock trades at a forward P/E ratio of 50x. Average forward P/E is 46x in the Electronic industry in India. Total returns to shareholders of 499% over the past three years. Reported Earnings • Nov 05
Second quarter 2026 earnings: EPS exceeds analyst expectations while revenues lag behind Second quarter 2026 results: EPS: ₹18.56 (up from ₹9.38 in 2Q 2025). Revenue: ₹9.49b (up 66% from 2Q 2025). Net income: ₹1.21b (up 102% from 2Q 2025). Profit margin: 13% (up from 11% in 2Q 2025). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 1.9%. Earnings per share (EPS) exceeded analyst estimates by 27%. Revenue is forecast to grow 28% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Electronic industry in India. Announcement • Oct 27
Kaynes Technology India Limited to Report Q2, 2026 Results on Nov 04, 2025 Kaynes Technology India Limited announced that they will report Q2, 2026 results on Nov 04, 2025 Reported Earnings • Aug 01
First quarter 2026 earnings: EPS exceeds analyst expectations while revenues lag behind First quarter 2026 results: EPS: ₹8.46 (up from ₹7.93 in 1Q 2025). Revenue: ₹6.73b (up 34% from 1Q 2025). Net income: ₹746.1m (up 47% from 1Q 2025). Profit margin: 11% (up from 10% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 9.8%. Earnings per share (EPS) exceeded analyst estimates by 20%. Revenue is forecast to grow 33% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Electronic industry in India. Announcement • Jul 31
Kaynes Technology India Limited, Annual General Meeting, Sep 11, 2025 Kaynes Technology India Limited, Annual General Meeting, Sep 11, 2025. Announcement • Jul 23
Kaynes Technology India Limited to Report Q1, 2026 Results on Jul 30, 2025 Kaynes Technology India Limited announced that they will report Q1, 2026 results on Jul 30, 2025 Reported Earnings • Jun 25
Full year 2025 earnings: EPS in line with expectations, revenues disappoint Full year 2025 results: EPS: ₹45.86 (up from ₹30.67 in FY 2024). Revenue: ₹27.2b (up 51% from FY 2024). Net income: ₹2.93b (up 60% from FY 2024). Profit margin: 11% (in line with FY 2024). Revenue missed analyst estimates by 2.0%. Earnings per share (EPS) were mostly in line with analyst estimates. Revenue is forecast to grow 26% p.a. on average during the next 3 years, compared to a 19% growth forecast for the Electronic industry in India. Announcement • Jun 21
Kaynes Technology India Limited has filed a Follow-on Equity Offering. Kaynes Technology India Limited has filed a Follow-on Equity Offering.
Security Name: Equity Shares
Security Type: Common Stock
Price(minimum): INR 5625.75
Transaction Features: Regulation S; Subsequent Direct Listing Price Target Changed • May 17
Price target increased by 7.1% to ₹5,963 Up from ₹5,569, the current price target is an average from 19 analysts. New target price is approximately in line with last closing price of ₹6,252. Stock is up 93% over the past year. The company is forecast to post earnings per share of ₹45.65 for next year compared to ₹30.67 last year. Announcement • May 10
Kaynes Technology India Limited to Report Q4, 2025 Results on May 15, 2025 Kaynes Technology India Limited announced that they will report Q4, 2025 results on May 15, 2025 Board Change • Apr 01
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 5 experienced directors. 2 highly experienced directors. Additional Non-Executive Independent Director Heinz Moitzi was the last director to join the board, commencing their role in 2023. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Price Target Changed • Feb 12
Price target decreased by 7.5% to ₹5,429 Down from ₹5,868, the current price target is an average from 20 analysts. New target price is 30% above last closing price of ₹4,183. Stock is up 47% over the past year. The company is forecast to post earnings per share of ₹46.31 for next year compared to ₹30.67 last year. Reported Earnings • Jan 28
Third quarter 2025 earnings: EPS and revenues miss analyst expectations Third quarter 2025 results: EPS: ₹10.39 (up from ₹7.72 in 3Q 2024). Revenue: ₹6.86b (up 35% from 3Q 2024). Net income: ₹664.6m (up 47% from 3Q 2024). Profit margin: 9.7% (in line with 3Q 2024). Revenue missed analyst estimates by 17%. Earnings per share (EPS) also missed analyst estimates by 28%. Revenue is forecast to grow 30% p.a. on average during the next 3 years, compared to a 25% growth forecast for the Electronic industry in India. New Risk • Jan 23
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 7.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (76% accrual ratio). Minor Risk Share price has been volatile over the past 3 months (7.6% average weekly change). Announcement • Jan 20
Kaynes Technology India Limited to Report Q3, 2025 Results on Jan 27, 2025 Kaynes Technology India Limited announced that they will report Q3, 2025 results on Jan 27, 2025 Reported Earnings • Oct 30
Second quarter 2025 earnings: EPS in line with expectations, revenues disappoint Second quarter 2025 results: EPS: ₹9.38 (up from ₹5.55 in 2Q 2024). Revenue: ₹5.72b (up 59% from 2Q 2024). Net income: ₹602.1m (up 86% from 2Q 2024). Profit margin: 11% (up from 9.0% in 2Q 2024). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 4.3%. Earnings per share (EPS) were mostly in line with analyst estimates. Revenue is forecast to grow 30% p.a. on average during the next 3 years, compared to a 24% growth forecast for the Electronic industry in India. Announcement • Oct 21
Kaynes Technology India Limited to Report Q2, 2025 Results on Oct 29, 2024 Kaynes Technology India Limited announced that they will report Q2, 2025 results on Oct 29, 2024 Announcement • Oct 03
Kaynes Technology India Limited Announces Resignation of S M Adithya Jain as Company Secretary and Compliance Officer, Effective 30 November 2024 Kaynes Technology India Limited announced that Mr. S M Adithya Jain the Company Secretary and Compliance Officer of the company has resigned from the position of Company Secretary and Compliance Officer of the Company effective from close of working hours of 30 November 2024 to pursue an alternate career outside of the organization. Announcement • Sep 30
Kaynes Technology India Limited (NSEI:KAYNES) entered into a Share Purchase Agreement to acquire Iskraemeco India Private Limited from Iskraemeco, d.d. and Iskraemeco Holding Switzerland AG for approximately INR 430 million. Kaynes Technology India Limited (NSEI:KAYNES) entered into a Share Purchase Agreement to acquire Iskraemeco India Private Limited from Iskraemeco, d.d. and Iskraemeco Holding Switzerland AG for approximately INR 430 million on September 28, 2024. A cash consideration of INR 429.86 million will be paid by Kaynes Technology India Limited for 42.99 million equity shares of Iskraemeco India Private Limited at INR 10 each. For the period ending March 31, 2024, Iskraemeco India Private Limited reported total revenue of INR 654.2 million.
The transaction is subject to and has been approved by the acquirer board. The transaction is expected to close within 30 days from the execution of the Share Purchase Agreement. Price Target Changed • Jul 29
Price target increased by 7.6% to ₹4,100 Up from ₹3,809, the current price target is an average from 19 analysts. New target price is 11% below last closing price of ₹4,582. Stock is up 153% over the past year. The company is forecast to post earnings per share of ₹48.55 for next year compared to ₹30.63 last year. Announcement • Jul 29
Kaynes Technology India Limited, Annual General Meeting, Sep 09, 2024 Kaynes Technology India Limited, Annual General Meeting, Sep 09, 2024. Price Target Changed • Jul 28
Price target increased by 8.2% to ₹3,926 Up from ₹3,628, the current price target is an average from 18 analysts. New target price is 7.6% below last closing price of ₹4,249. Stock is up 137% over the past year. The company is forecast to post earnings per share of ₹50.25 for next year compared to ₹30.63 last year. Reported Earnings • Jul 27
First quarter 2025 earnings: EPS and revenues exceed analyst expectations First quarter 2025 results: EPS: ₹7.93 (up from ₹4.23 in 1Q 2024). Revenue: ₹5.32b (up 79% from 1Q 2024). Net income: ₹507.8m (up 106% from 1Q 2024). Profit margin: 9.5% (up from 8.3% in 1Q 2024). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 4.6%. Earnings per share (EPS) also surpassed analyst estimates by 9.9%. Revenue is forecast to grow 27% p.a. on average during the next 3 years, compared to a 23% growth forecast for the Electronic industry in India. Announcement • Jul 17
Kaynes Technology India Limited to Report Q1, 2025 Results on Jul 26, 2024 Kaynes Technology India Limited announced that they will report Q1, 2025 results on Jul 26, 2024 Price Target Changed • May 21
Price target increased by 7.2% to ₹3,230 Up from ₹3,012, the current price target is an average from 18 analysts. New target price is approximately in line with last closing price of ₹3,395. Stock is up 166% over the past year. The company is forecast to post earnings per share of ₹43.08 for next year compared to ₹30.63 last year. Reported Earnings • May 20
Full year 2024 earnings: EPS and revenues exceed analyst expectations Full year 2024 results: EPS: ₹30.63 (up from ₹19.88 in FY 2023). Revenue: ₹18.0b (up 60% from FY 2023). Net income: ₹1.83b (up 93% from FY 2023). Profit margin: 10% (up from 8.5% in FY 2023). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 2.4%. Earnings per share (EPS) also surpassed analyst estimates by 16%. Revenue is forecast to grow 28% p.a. on average during the next 3 years, compared to a 21% growth forecast for the Electronic industry in India. New Risk • May 18
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 7.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (7.9% average weekly change). Shareholders have been diluted in the past year (9.9% increase in shares outstanding). Announcement • May 10
Kaynes Technology India Limited to Report Q4, 2024 Results on May 16, 2024 Kaynes Technology India Limited announced that they will report Q4, 2024 results on May 16, 2024 Price Target Changed • Feb 02
Price target increased by 11% to ₹3,077 Up from ₹2,781, the current price target is an average from 12 analysts. New target price is 5.9% above last closing price of ₹2,906. Stock is up 250% over the past year. The company is forecast to post earnings per share of ₹26.90 for next year compared to ₹19.88 last year. Reported Earnings • Jan 31
Third quarter 2024 earnings: EPS and revenues exceed analyst expectations Third quarter 2024 results: EPS: ₹7.72 (up from ₹4.74 in 3Q 2023). Revenue: ₹5.19b (up 79% from 3Q 2023). Net income: ₹451.9m (up 98% from 3Q 2023). Profit margin: 8.7% (up from 7.9% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 12%. Earnings per share (EPS) also surpassed analyst estimates by 7.9%. Revenue is forecast to grow 28% p.a. on average during the next 3 years, compared to a 21% growth forecast for the Electronic industry in India. Announcement • Jan 17
Kaynes Technology India Limited to Report Q3, 2024 Results on Jan 30, 2024 Kaynes Technology India Limited announced that they will report Q3, 2024 results on Jan 30, 2024 Announcement • Dec 20
Kaynes Technology India Limited (NSEI:KAYNES) signed a preliminary document to acquire Digicom Electronics Inc. for $2.5 million. Kaynes Technology India Limited (NSEI:KAYNES) signed a preliminary document to acquire Digicom Electronics Inc. for $2.5 million on December 18, 2023. The transaction is subject to execution of definitive documentation, satisfactory completion of customary closing conditions and receipt of requisite regulatory approvals. Announcement • Nov 01
Kaynes Technology India Limited Announces Vivekanandah Ramasamy Resigns as Independent Director of the Company, Member of the Nomination and Remuneration Committee, Stakeholder's Relationship Committee and Risk Management Committee, Effective on November 01, 2023 Kaynes Technology India Limited announced that Mr. Vivekanandah Ramasamy (DIN: 06563820), has tendered his resignation from the office of Independent Director of the Company, with effect from close of business hours of the Company on November 01, 2023, due to alternative professional engagement that is in conflict with the plans of the Company to foray into new business segment. Consequently, he shall also cease to be a Member of the Nomination and Remuneration Committee, Stakeholder's Relationship Committee and Risk Management Committee of the Company. Further, as confirmed by Mr. Vivekanandah Ramasamy, there are no other material reasons other than mentioned above to resign before the expiry of the term as an Independent Director of the Company which is in pursuance of Regulation 30 read with Clause (7B) of Schedule III Part A of the Listing Regulations. Reported Earnings • Nov 01
Second quarter 2024 earnings: EPS and revenues miss analyst expectations Second quarter 2024 results: EPS: ₹5.55 (up from ₹4.74 in 2Q 2023). Revenue: ₹3.70b (up 28% from 2Q 2023). Net income: ₹323.1m (up 41% from 2Q 2023). Profit margin: 8.7% (up from 7.9% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 11%. Earnings per share (EPS) also missed analyst estimates by 21%. Revenue is forecast to grow 30% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Electronic industry in India. Announcement • Oct 23
Kaynes Technology India Limited to Report Q2, 2024 Results on Oct 31, 2023 Kaynes Technology India Limited announced that they will report Q2, 2024 results on Oct 31, 2023 Announcement • Aug 18
Kaynes Technology India Limited, Annual General Meeting, Sep 15, 2023 Kaynes Technology India Limited, Annual General Meeting, Sep 15, 2023, at 15:30 Indian Standard Time. Announcement • Aug 01
Kaynes Technology India Limited Appoints S M Adithya Jain as Company Secretary and Compliance Officer, Effect from September 15, 2023 Kaynes Technology India Limited announced based on the recommendation of the Nomination and Remuneration Committee, the Board, in its meeting held on July 31, 2023, appointed Mr. S M Adithya Jain as Company Secretary pursuant to Section 203 of the Companies Act 2013 and Regulation 6(1) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and designated him as Compliance Officer of the Company with effect from September 15, 2023. Mr. S M Adithya Jain, With seven plus years of experience in the field of corporate and secretarial compliance has worked with several reputed companies known for the good governance and compliance practises. Over the years he has acquired the expertise in the areas of Listing Compliance, Companies Act and other corporate laws with his latest experience With listed entities such as Biocon Limited, Healthcare Global Enterprise Limited and Syngene International Limited, he has been instrumental in handling the legal and secretarial compliances and has experience of liaising with regulatory authorities. Reported Earnings • Aug 01
First quarter 2024 earnings released: EPS: ₹4.23 (vs ₹4.31 in 1Q 2023) First quarter 2024 results: EPS: ₹4.23. Revenue: ₹3.05b (up 28% from 1Q 2023). Net income: ₹246.5m (up 24% from 1Q 2023). Profit margin: 8.1% (down from 8.3% in 1Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 23% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Electronic industry in India. Announcement • Jul 26
Kaynes Technology India Limited to Report Q1, 2024 Results on Jul 31, 2023 Kaynes Technology India Limited announced that they will report Q1, 2024 results on Jul 31, 2023 Announcement • Jul 15
Kaynes Technology India Limited Announces Change in Management Kaynes Technology India Limited informed that Mr. Ramachandran Kunnath has resigned vide his resignation letter dated July 14, 2023, from the office of Company Secretary and Compliance Officer of Kaynes Technology India Limited (the <Company=) with effect from July 15, 2023. Reason for change: Mr. Ramachandran Kunnath has expressed his intention to resign from the office of Company Secretary and Compliance Officer of the Company due to health issues of his wife. Announcement • May 23
Kaynes Technology India Limited Announces Appointment of Mr. Heinz Moitzi as an Additional Director as an Independent Director of the Company Kaynes Technology India Limited announced that pursuant to Regulation 30 read with Part A of Schedule III of SEBI Regulations 2015, and based on the recommendation of the Nomination and Remuneration Committee of the Company, the Board of Directors of the Company at its meeting held on Tuesday, May 16, 2023 has appointed Mr. Heinz Moitzi (DIN: 00323506) as an Additional Non-Executive Independent Director of the Company for a period of 5 (five) years effective from the date on which inclusion /registration of his name in the Independent Directors Data Bank under the Ministry of Corporate Affairs (MCA) portal. Date of Appointment: Terms of Appointment - shall hold office till the upcoming AGM and be proposed to be appointed as Director and Independent Director for a period of 5 years from the date on which inclusion /registration of his name in the Independent Directors Data Bank under the Ministry of Corporate Affairs (MCA) portal. Brief Profile: Education Details: HTBL -Electrical Engineering Apprenticeship in Electrical Engineering, Stadtwerke Judenburg; Professional Experience: AT&S Austria Technologie & Systemtechnik AG, Leoben, Austria (1981-2022); Date of birth (Age) July 5, 1956 (66 years). Valuation Update With 7 Day Price Move • May 23
Investor sentiment improves as stock rises 28% After last week's 28% share price gain to ₹1,277, the stock trades at a forward P/E ratio of 40x. Average forward P/E is 28x in the Electronic industry in India. Reported Earnings • May 18
Full year 2023 earnings released: EPS: ₹19.84 (vs ₹9.75 in FY 2022) Full year 2023 results: EPS: ₹19.84 (up from ₹9.75 in FY 2022). Revenue: ₹11.4b (up 61% from FY 2022). Net income: ₹952.0m (up 128% from FY 2022). Profit margin: 8.4% (up from 5.9% in FY 2022). The increase in margin was driven by higher revenue. Announcement • May 10
Kaynes Technology India Limited to Report Fiscal Year 2023 Results on May 16, 2023 Kaynes Technology India Limited announced that they will report fiscal year 2023 results on May 16, 2023 Valuation Update With 7 Day Price Move • Feb 07
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹899, the stock trades at a trailing P/E ratio of 70.9x. Average trailing P/E is 28x in the Electronic industry in India. Reported Earnings • Feb 02
Third quarter 2023 earnings released: EPS: ₹4.74 (vs ₹4.31 in 3Q 2022) Third quarter 2023 results: EPS: ₹4.74 (up from ₹4.31 in 3Q 2022). Revenue: ₹2.89b (up 21% from 3Q 2022). Net income: ₹228.7m (up 15% from 3Q 2022). Profit margin: 7.9% (down from 8.3% in 3Q 2022). The decrease in margin was driven by higher expenses. Announcement • Jan 24
Kaynes Technology India Limited to Report Q3, 2023 Results on Jan 31, 2023 Kaynes Technology India Limited announced that they will report Q3, 2023 results on Jan 31, 2023 Announcement • Nov 23
Kaynes Technology India Limited has completed an IPO in the amount of INR 8.563198 billion. Kaynes Technology India Limited has completed an IPO in the amount of INR 8.563198 billion.
Security Name: Equity Shares
Security Type: Common Stock
Securities Offered: 2,917,614
Price\Range: INR 587
Discount Per Security: INR 15.3794
Security Name: Equity Shares
Security Type: Common Stock
Securities Offered: 4,376,421
Price\Range: INR 587
Discount Per Security: INR 15.3794
Security Name: Equity Shares
Security Type: Common Stock
Securities Offered: 2,188,211
Price\Range: INR 587
Discount Per Security: INR 15.3794
Security Name: Equity Shares
Security Type: Common Stock
Securities Offered: 5,105,825
Price\Range: INR 587
Discount Per Security: INR 15.3794
Transaction Features: Regulation S; Reserved Share Offering Board Change • Nov 23
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent Director Poornima Ranganath was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.