Kaynes Technology Reports 33% YoY Growth in Revenue for FY26, Achieving INR 36,264 mn

Kaynes Technology Reports 33% YoY Growth in Revenue for FY26, Achieving INR 36,264 mn

Kaynes Technology Reports 33% YoY Growth in Revenue for FY26, Achieving INR 36,264 mn​

Mysuru, May 13, 2026: Kaynes Technology India Limited, a leading end-to-end IoT solutions-enabled integrated electronics manufacturer, has reported its audited consolidated financial results for the fourth quarter (Q4) and the full fiscal year (FY26), following approval by the Board of Directors.

The company announced that its consolidated revenues reached INR 36,264 million in FY26, marking a 33% year over year (YoY) growth. For the quarter ending March 31, 2026, consolidated revenues stood at INR 12,426 million, reflecting a 26% YoY increase, while EBITDA for the quarter was INR 1,937 million, up 15% YoY.

Overall, the consolidated EBITDA for the entire FY26 was INR 5,741 million, achieving a 40% YoY growth. The Profit After Tax (PAT) for FY26 was INR 3,639 million, indicating a 24% YoY increase.

Financial Performance Snapshot​

The financial results highlight strong growth across key metrics:

MetricQ4 FY25Q4 FY26Y/Y ChangeFY25FY26Y/Y Change
Revenue (RsMn)9,84512,42626.2%27,21836,26433.2%
EBITDA (excl. other income) (RsMn)1,6791,93715.4%4,1075,74139.8%
EBITDA Margin (excl. other income)17.1%15.6%-150BPS15.1%15.8%70BPS
PAT (RsMn)1,162912-21.5%2,9343,63924.0%
PAT Margin11.8%7.3%-450BPS10.8%10.0%(80BPS)

Operational and Strategic Updates​

Commenting on the results, Mr. Ramesh Kunhikannan, Executive Vice Chairman & Promoter, Kaynes Technology India Limited, noted that the company achieved revenues of INR 36,264 million in FY26, registering a 33% YoY growth despite challenging market conditions. He added that the order book stood at upwards of INR 80,000 million as of FY26, providing strong revenue visibility for the future.

On the operational front, the company reported achieving a significant milestone with the inauguration of its OSAT facility in Sanand, Gujarat. This unit has rapidly scaled up, commencing commercial operations within just 14 months of its groundbreaking ceremony. Furthermore, the HDI PCB manufacturing unit is nearing operational readiness, which is expected to improve execution visibility and support scalable growth.

Mr. Kunhikannan highlighted the company’s expanding capabilities in high-value electronics manufacturing, including OSAT, PCB, and design-led solutions, maintaining confidence in the long-term growth potential.

In terms of governance, Kaynes Technology strengthened its Board leadership with the appointment of two distinguished Independent Directors. Padma Shri Dr. M. Annadurai, a renowned ISRO scientist and former Director of the U.R. Rao Satellite Centre (URSC), joined the board, bringing over 37 years of expertise in India's space missions, including Chandrayaan and Mangalyaan. Additionally, Mr. Rajesh Mittal, a seasoned industry leader with over four decades of global experience in the automotive and engineering sectors, also joined the board.

KAYNES Stock Price Movement​

On Wednesday, Kaynes Technology India Limited shares edged higher, closing at ₹4178.4, and posting a solid gain of 3.28%. The stock demonstrated strong investor interest, recording a total traded volume of 1.92 million shares throughout the session.
 

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