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 to the market. The early response was not positive, with shares down 6.5% to ₹6,359 in the past week. Revenues were ₹9.1b, approximately in line with whatthe analysts expected, although statutory earnings per share (EPS) crushed expectations, coming in at ₹18.50, an impressive 27% ahead of estimates. Earnings are an important time for investors, as they can track a company's performance, look at what the analysts are forecasting for next year, and see if there's been a change in sentiment towards the company. We've gathered the most recent statutory forecasts to see whether the analysts have changed their earnings models, following these results.

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Taking into account the latest results, the consensus forecast from Kaynes Technology India's 22 analysts is for revenues of ₹42.3b in 2026. This reflects a major 31% improvement in revenue compared to the last 12 months. Per-share earnings are expected to bounce 25% to ₹70.38. Before this earnings report, the analysts had been forecasting revenues of ₹42.5b and earnings per share (EPS) of ₹69.91 in 2026. The consensus analysts don't seem to have seen anything in these results that would have changed their view on the business, given there's been no major change to their estimates.

View our latest analysis for Kaynes Technology India

The analysts reconfirmed their price target of ₹6,785, showing that the business is executing well and in line with expectations. It could also be instructive to look at the range of analyst estimates, to evaluate how different the outlier opinions are from the mean. Currently, the most bullish analyst values Kaynes Technology India at ₹8,604 per share, while the most bearish prices it at ₹4,955. There are definitely some different views on the stock, but the range of estimates is not wide enough as to imply that the situation is unforecastable, in our view.

These estimates are interesting, but it can be useful to paint some more broad strokes when seeing how forecasts compare, both to the Kaynes Technology India's past performance and to peers in the same industry. The analysts are definitely expecting Kaynes Technology India's growth to accelerate, with the forecast 71% annualised growth to the end of 2026 ranking favourably alongside historical growth of 42% per annum over the past three years. By contrast, our data suggests that other companies (with analyst coverage) in a similar industry are forecast to grow their revenue at 20% per year. It seems obvious that, while the growth outlook is brighter than the recent past, the analysts also expect Kaynes Technology India to grow faster than the wider industry.

The Bottom Line

The most obvious conclusion is that there's been no major change in the business' prospects in recent times, with the analysts holding their earnings forecasts steady, in line with previous estimates. Happily, there were no major changes to revenue forecasts, with the business still expected to grow faster than the wider industry. The consensus price target held steady at ₹6,785, with the latest estimates not enough to have an impact on their price targets.

With that said, the long-term trajectory of the company's earnings is a lot more important than next year. We have forecasts for Kaynes Technology India going out to 2028, and you can see them free on our platform here.

Plus, you should also learn about the 1 warning sign we've spotted with Kaynes Technology India .

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.