Kaynes Technology Revises Cash Flow Classification for FY 2026

Kaynes Technology Revises Cash Flow Classification for FY 2026

Kaynes Technology Revises Cash Flow Classification for FY 2026​

Kaynes Technology India Limited has reported a reclassification of entries within the Cash Flows from Financing Activities in its financial statements for the year ended March 31, 2026. Management identified an error in the classification within the cash flow statements, leading to revised figures for both consolidated and standalone results.

The revision affects only the presentation within the cash flow statement categories and does not impact the total cash flows for the year, the closing cash and cash equivalents, the Statement of Profit and Loss, the Balance Sheet, or the earnings per share. The company confirmed that this correction does not alter the underlying transactions or the company's overall cash position as recorded in its books of account.

Consolidated Cash Flow Revision​

For the consolidated statement of cash flows, the revised figures for the year ended March 31, 2026, are detailed below:

ParticularsRevised (March 31, 2026)Published (March 31, 2026)
3. Cash flow from Financing Activities
Proceeds from issue of Share Capital: - Equity29.5129.51
Securities Premium received from issue of share capital: - Equity15,986.1115,986.11
Share issue expenses--
Proceeds / (Repayment) from/ of long term borrowings including lease liabilities3,621.271,555.20
Proceeds / (Repayment) from/ of short term borrowings(2700.62)(2700.62)
Interest expense(1139.98)926.09
Net Cash from / (used) in Financing Activities15,796.2915,796.29

Standalone Cash Flow Revision​

The revised standalone cash flow figures for the year ended March 31, 2026, are as follows:

ParticularsRevised (March 31, 2026)Published (March 31, 2026)
3. Cash flow from Financing Activities
Proceeds from issue of Share Capital: - Equity29.5129.51
Securities Premium received from issue of Share Capital: - Equity15,981.2115,981.21
Share issue expenses--
Proceeds / (Repayment) from/of long term borrowings including lease liabilities(279.17)(65.59)
Proceeds / (Repayment) from/of short term borrowings(2,895.08)(3,619.41)
Principal repayment of lease liabilities-(213.58)
Interest expense(724.33)-
Net Cash from / (used) in Financing Activities12,112.1412,112.14

The company confirmed that the correction is limited to a reclassification within the Statement of Cash Flows, and the Statutory Auditors verified that this adjustment does not affect their audit opinion on the financial statements for the year ended March 31, 2026.

KAYNES Stock Price Movement​

On Friday, Kaynes Technology India Limited shares slipped by 1.81% to close at ₹3271.9. The stock’s decline marked a significant plunge to its 52-week low, with 7.58 million shares traded during the session.
 

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