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Kaynes Technology India LimitedNSEI:KAYNES Stock Report

Market Cap ₹201.2b
Share Price
₹3.00k
₹5.97k
49.8% undervalued intrinsic discount
1Y-49.6%
7D-28.2%
Portfolio Value
View

Kaynes Technology India Limited

NSEI:KAYNES Stock Report

Market Cap: ₹201.2b

Kaynes Technology India (KAYNES) Stock Overview

Operates as an end-to-end and IoT solutions-enabled integrated electronics manufacturer in India and internationally. More details

KAYNES fundamental analysis
Snowflake Score
Valuation1/6
Future Growth5/6
Past Performance1/6
Financial Health5/6
Dividends0/6

KAYNES Community Fair Values

Create Narrative

See what 53 others think this stock is worth. Follow their fair value or set your own to get alerts.

Kaynes Technology India Limited Competitors

Price History & Performance

Summary of share price highs, lows and changes for Kaynes Technology India
Historical stock prices
Current Share Price₹3,001.00
52 Week High₹7,705.00
52 Week Low₹2,995.00
Beta0.13
1 Month Change-28.93%
3 Month Change-22.62%
1 Year Change-49.57%
3 Year Change126.79%
5 Year Changen/a
Change since IPO334.96%

Recent News & Updates

Analysis Article 23h

Concerns Surrounding Kaynes Technology India's (NSE:KAYNES) Performance

The stock price didn't jump after Kaynes Technology India Limited ( NSE:KAYNES ) posted decent earnings last week. We...
Analysis Article May 19

Analysts Are More Bearish On Kaynes Technology India Limited (NSE:KAYNES) Than They Used To Be

The latest analyst coverage could presage a bad day for Kaynes Technology India Limited ( NSE:KAYNES ), with the...
Analysis Article May 16

Kaynes Technology India Limited Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

One of the biggest stories of last week was how Kaynes Technology India Limited ( NSE:KAYNES ) shares plunged 27% in...
Narrative Update May 15

KAYNES: Elevated P/E And Weaker Margins Will Limit Future Upside

Analysts have reduced their price target for Kaynes Technology India from ₹3,578 to ₹2,715, citing updated assumptions that incorporate lower projected revenue growth, lower profit margins, and a higher discount rate, partly offset by a higher future P/E multiple. What's in the News Board meeting scheduled for May 13, 2026 at 10:30 IST to consider and approve audited standalone and consolidated financial results for the quarter and year ended March 31, 2026 (Key Developments).

Recent updates

Analysis Article 23h

Concerns Surrounding Kaynes Technology India's (NSE:KAYNES) Performance

The stock price didn't jump after Kaynes Technology India Limited ( NSE:KAYNES ) posted decent earnings last week. We...
Analysis Article May 19

Analysts Are More Bearish On Kaynes Technology India Limited (NSE:KAYNES) Than They Used To Be

The latest analyst coverage could presage a bad day for Kaynes Technology India Limited ( NSE:KAYNES ), with the...
Analysis Article May 16

Kaynes Technology India Limited Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

One of the biggest stories of last week was how Kaynes Technology India Limited ( NSE:KAYNES ) shares plunged 27% in...
Narrative Update May 15

KAYNES: Elevated P/E And Weaker Margins Will Limit Future Upside

Analysts have reduced their price target for Kaynes Technology India from ₹3,578 to ₹2,715, citing updated assumptions that incorporate lower projected revenue growth, lower profit margins, and a higher discount rate, partly offset by a higher future P/E multiple. What's in the News Board meeting scheduled for May 13, 2026 at 10:30 IST to consider and approve audited standalone and consolidated financial results for the quarter and year ended March 31, 2026 (Key Developments).
Narrative Update Apr 30

KAYNES: Board Transition And Refined Assumptions Will Support Future Upside

Analysts have trimmed their price target on Kaynes Technology India slightly to ₹5,973 from about ₹6,000, citing a refreshed model that reflects a marginally higher discount rate, a small adjustment to revenue growth assumptions, and a modest uplift in projected profit margins and future P/E. What's in the News A board meeting is scheduled for March 10, 2026, at 14:35 Indian Standard Time to review changes in the company secretary and compliance officer roles (company filing).
Narrative Update Apr 15

KAYNES: Rich P/E And Softer Revenue Outlook Will Constrain Upside

The analyst price target for Kaynes Technology India has been reduced from ₹3,663 to ₹3,578, with analysts citing updated assumptions that reflect more moderate revenue growth and a lower future P/E, alongside higher forecast profit margins and a slightly higher discount rate. What's in the News Board meeting scheduled for March 10, 2026, at 14:35 IST to consider the resignation of Company Secretary and Compliance Officer Mr. Anuj Mehtha and the proposed appointment of Ms. Sudhasri Addepalli to the same role (Key Developments).
Narrative Update Apr 01

KAYNES: Satellite Partnership Will Support Quantum Secure Connectivity And Future Upside

Analysts have maintained their ₹6,000 price target on Kaynes Technology India, citing updated assumptions that combine slightly adjusted discount and revenue growth inputs with lower profit margin expectations and a higher future P/E of 77.90x. What's in the News Upcoming board meeting on Mar 10, 2026, to consider the resignation of Company Secretary and Compliance Officer Mr. Anuj Mehtha and the proposed appointment of Ms. Sudhasri Addepalli to the same role (company filing).
Narrative Update Mar 18

KAYNES: Satellite Partnership And Upcoming Board Decisions Will Drive Future Upside

Analysts have lowered their price target for Kaynes Technology India from ₹7,000 to ₹6,000, reflecting updated assumptions for the discount rate, revenue growth, profit margin, and future P/E multiples. What's in the News A board meeting is scheduled on February 5, 2026 to consider and approve unaudited standalone and consolidated financial results for the quarter and nine months ended December 31, 2025 (company filing).
Narrative Update Mar 04

KAYNES: Semiconductor And Satellite Alliances Will Support Long Term Upside Potential

Analysts have reduced their price target on Kaynes Technology India from about ₹5,544 to roughly ₹4,612, citing updated assumptions around revenue growth, profit margins and a slightly different forward P/E profile. What's in the News Kaynes Semicon Private Limited has entered a technology collaboration with AOI Electronics Co., Ltd.
Narrative Update Feb 18

KAYNES: Satellite And Semiconductor Partnerships Will Support A More Balanced Outlook

Analysts have trimmed their price target on Kaynes Technology India from ₹4,614 to ₹3,663, citing updated assumptions for fair value, discount rate, revenue growth, profit margin, and future P/E. What's in the News Kaynes Technology India has a board meeting scheduled for February 5, 2026, to consider and approve unaudited standalone and consolidated financial results for the quarter and nine months ended December 31, 2025 (company filing).
Analysis Article Feb 10

Earnings Miss: Kaynes Technology India Limited Missed EPS By 38% And Analysts Are Revising Their Forecasts

Kaynes Technology India Limited ( NSE:KAYNES ) just released its latest third-quarter report and things are not looking...
Analysis Article Feb 07

There Are Reasons To Feel Uneasy About Kaynes Technology India's (NSE:KAYNES) Returns On Capital

Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...
Narrative Update Feb 04

KAYNES: Satellite And Semiconductor Partnerships Will Drive Future Upside Potential

Analysts have cut their fair value estimate for Kaynes Technology India from ₹6,953.43 to ₹5,544.10, citing revised assumptions around revenue growth, profit margins, and future P/E expectations. What's in the News Upcoming board meeting on Feb 5, 2026 to review and approve unaudited standalone and consolidated results for the quarter and nine months ended Dec 31, 2025, which could give you fresh insight into recent operating trends.
Narrative Update Jan 21

KAYNES: Semiconductor And Satellite Alliances Will Support Future Performance

Analysts have trimmed their fair value estimate for Kaynes Technology India to ₹7,000 from ₹8,200, pointing to more measured assumptions on revenue growth, profit margins, and the future P/E multiple. What's in the News WISeKey International Holding's subsidiary WISeSat.Space agreed with Kaynes Space Technology Private Limited to manufacture post quantum secure WISeSat satellites in India and add India as an official satellite launch location alongside the United States (Key Developments).
Analysis Article Jan 20

Is Now The Time To Put Kaynes Technology India (NSE:KAYNES) On Your Watchlist?

Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...
Narrative Update Jan 06

KAYNES: Semiconductor Alliances And Leadership Changes Will Support Future Performance

Analysts are maintaining their fair value estimate for Kaynes Technology India at ₹8,200.00, with only marginal tweaks to assumptions around discount rate, revenue growth, profit margin and future P/E that reflect fine tuning rather than a change in overall view. What's in the News Kaynes Semicon Private Limited has entered a technology collaboration with AOI Electronics Co., Ltd.
Narrative Update Dec 22

KAYNES: Leadership Transition And Margin Expansion Will Support Stronger Future Performance

Analysts have raised their price target on Kaynes Technology India from ₹7,660 to ₹8,200, citing expectations of slightly faster revenue growth, stronger profit margins, and a lower future P E multiple that supports improved valuation potential. What's in the News The board will meet on September 24, 2025 to consider changing the designation of Managing Director Ramesh Kunhikannan to Executive Vice Chairman and appointing Dr. Muthukumar Narayanaswamy as Additional Director and Managing Director (company filing).
Analysis Article Dec 13

Kaynes Technology India (NSE:KAYNES) Has A Pretty Healthy Balance Sheet

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Narrative Update Dec 08

KAYNES: Leadership Transition Will Drive Future Upside Despite Modest Risk Reassessment

Analysts have trimmed their price target for Kaynes Technology India by roughly 3 percent to reflect a slightly higher discount rate and marginally lower profit margin expectations, even as they factor in a modest uplift to long term revenue growth assumptions. What's in the News Board meeting scheduled for November 4, 2025, to consider and approve unaudited standalone and consolidated financial results for the quarter and half year ended September 30, 2025 (company filing) Board meeting on September 24, 2025, to consider changing the designation of Managing Director Ramesh Kunhikannan to Executive Vice Chairman and to appoint Dr. Muthukumar Narayanaswamy as Additional Director and Managing Director (company filing) Chief Executive Officer Rajesh Sharma has tendered his resignation, effective at the close of business on October 31, 2025, to pursue opportunities outside the organisation (company filing) Special or extraordinary shareholders meeting to be conducted via postal ballot in India on December 12, 2025 (company filing) Valuation Changes Fair Value: trimmed by about 3 percent, from approximately ₹7,136 to ₹6,953 per share, reflecting a modestly more conservative valuation.
Analysis Article Nov 25

With Kaynes Technology India Limited (NSE:KAYNES) It Looks Like You'll Get What You Pay For

When close to half the companies in the Electronic industry in India have price-to-sales ratios (or "P/S") below 2.4x...
Narrative Update Nov 24

KAYNES: AI Wearable Integration And Leadership Changes Will Drive Future Upside

Narrative Update on Kaynes Technology India: Analyst Price Target Revision Analysts have raised their fair value estimate for Kaynes Technology India from ₹6,928 to ₹7,136, a modest increase. This revision is based on optimistic projections for future revenue growth, even though profit margins have tightened and a slightly lower discount rate has been applied.
Narrative Update Nov 08

KAYNES: Improved Margins And Wearable Technology Integration Will Drive Upside

Analysts have raised their price target for Kaynes Technology India from ₹6,752.87 to ₹6,928.00, citing improved profit margin expectations. This increase in profit margin expectations more than offsets a slightly reduced revenue growth outlook.
Analysis Article Nov 07

Kaynes Technology India Limited Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next

Last week, you might have seen that Kaynes Technology India Limited ( NSE:KAYNES ) released its second-quarter result...
Analysis Article Oct 01

Does Kaynes Technology India (NSE:KAYNES) Deserve A Spot On Your Watchlist?

The excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...
Narrative Update Sep 23

Vertical Integration And Advanced Manufacturing Will Fuel Future Demand

The sharp increase in Kaynes Technology India's future P/E from 86.60x to 116.54x signals substantially higher growth expectations, underpinning a marginal rise in the consensus analyst price target from ₹6637 to ₹6753. What's in the News Kaynes Technology India successfully integrated the core team behind Mustard Smartglasses, enhancing its capabilities in AI-powered, waveguide-based smart wearable technology for global consumer and enterprise markets.
Analysis Article Jun 10

Here's Why We Think Kaynes Technology India (NSE:KAYNES) Might Deserve Your Attention Today

It's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story...
Analysis Article May 23

Kaynes Technology India's (NSE:KAYNES) Profits May Not Reveal Underlying Issues

Kaynes Technology India Limited's ( NSE:KAYNES ) robust recent earnings didn't do much to move the stock. We think this...
Analysis Article May 07

Kaynes Technology India (NSE:KAYNES) Could Be Struggling To Allocate Capital

If you're looking for a multi-bagger, there's a few things to keep an eye out for. One common approach is to try and...
Analysis Article Apr 16

Revenues Tell The Story For Kaynes Technology India Limited (NSE:KAYNES) As Its Stock Soars 30%

Kaynes Technology India Limited ( NSE:KAYNES ) shareholders are no doubt pleased to see that the share price has...
Analysis Article Mar 11

Is Now The Time To Put Kaynes Technology India (NSE:KAYNES) On Your Watchlist?

The excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...
User avatar
New Narrative Feb 02

Expansion Into Aerospace And EV Sectors Will Strengthen Future Prospects

Diversification in growth sectors and strategic expansions are poised to drive significant future revenue and profitability.
Analysis Article Jan 30

Earnings Miss: Kaynes Technology India Limited Missed EPS By 28% And Analysts Are Revising Their Forecasts

Kaynes Technology India Limited ( NSE:KAYNES ) just released its latest third-quarter report and things are not looking...
Analysis Article Jan 29

Kaynes Technology India Limited's (NSE:KAYNES) Popularity With Investors Under Threat As Stock Sinks 34%

Kaynes Technology India Limited ( NSE:KAYNES ) shares have had a horrible month, losing 34% after a relatively good...
Analysis Article Jan 18

Kaynes Technology India (NSE:KAYNES) Has A Pretty Healthy Balance Sheet

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Analysis Article Dec 06

There Are Reasons To Feel Uneasy About Kaynes Technology India's (NSE:KAYNES) Returns On Capital

If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Ideally, a...
Analysis Article Jul 30

Kaynes Technology India Limited Just Beat EPS By 9.9%: Here's What Analysts Think Will Happen Next

A week ago, Kaynes Technology India Limited ( NSE:KAYNES ) came out with a strong set of quarterly numbers that could...
Analysis Article Jul 14

These 4 Measures Indicate That Kaynes Technology India (NSE:KAYNES) Is Using Debt Reasonably Well

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Analysis Article Jun 22

Some Investors May Be Worried About Kaynes Technology India's (NSE:KAYNES) Returns On Capital

What are the early trends we should look for to identify a stock that could multiply in value over the long term...
Analysis Article Jun 01

After Leaping 27% Kaynes Technology India Limited (NSE:KAYNES) Shares Are Not Flying Under The Radar

Kaynes Technology India Limited ( NSE:KAYNES ) shares have had a really impressive month, gaining 27% after a shaky...
Analysis Article May 24

Kaynes Technology India's (NSE:KAYNES) Performance Raises Some Questions

Kaynes Technology India Limited's ( NSE:KAYNES ) stock rose after it released a robust earnings report. While the...
Analysis Article Mar 26

Kaynes Technology India Limited (NSE:KAYNES) Not Flying Under The Radar

When close to half the companies in the Electronic industry in India have price-to-sales ratios (or "P/S") below 3x...
Analysis Article Dec 08

Here's Why We Think Kaynes Technology India (NSE:KAYNES) Is Well Worth Watching

It's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story...
Analysis Article Aug 02

Industry Analysts Just Upgraded Their Kaynes Technology India Limited (NSE:KAYNES) Revenue Forecasts By 7.1%

Kaynes Technology India Limited ( NSE:KAYNES ) shareholders will have a reason to smile today, with the analysts making...

Shareholder Returns

KAYNESIN ElectronicIN Market
7D-28.2%-3.3%0.5%
1Y-49.6%-15.2%-0.7%

Return vs Industry: KAYNES underperformed the Indian Electronic industry which returned -15.7% over the past year.

Return vs Market: KAYNES underperformed the Indian Market which returned -0.3% over the past year.

Price Volatility

Is KAYNES's price volatile compared to industry and market?
KAYNES volatility
KAYNES Average Weekly Movement9.0%
Electronic Industry Average Movement8.3%
Market Average Movement7.2%
10% most volatile stocks in IN Market10.1%
10% least volatile stocks in IN Market4.8%

Stable Share Price: KAYNES's share price has been volatile over the past 3 months compared to the Indian market.

Volatility Over Time: KAYNES's weekly volatility (9%) has been stable over the past year, but is still higher than 75% of Indian stocks.

About the Company

FoundedEmployeesCEOWebsite
1988n/aNarayanaswamy Muthukumarwww.kaynestechnology.co.in

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.

Kaynes Technology India Limited Fundamentals Summary

How do Kaynes Technology India's earnings and revenue compare to its market cap?
KAYNES fundamental statistics
Market cap₹201.17b
Earnings (TTM)₹3.64b
Revenue (TTM)₹36.26b
55.3x
P/E Ratio
5.5x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
KAYNES income statement (TTM)
Revenue₹36.26b
Cost of Revenue₹23.72b
Gross Profit₹12.54b
Other Expenses₹8.91b
Earnings₹3.64b

Last Reported Earnings

Mar 31, 2026

Next Earnings Date

n/a

Earnings per share (EPS)54.28
Gross Margin34.59%
Net Profit Margin10.03%
Debt/Equity Ratio18.4%

How did KAYNES perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/20 03:24
End of Day Share Price 2026/05/20 00:00
Earnings2026/03/31
Annual Earnings2026/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Kaynes Technology India Limited is covered by 34 analysts. 22 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
null nullAntique Stockbroking Ltd.
Vijayaraghavan SwaminathanAvendus Spark
Ravi SwaminathanAvendus Spark