Kaynes Technology India Ltd
Incorporated in 2008, Kaynes Technology is a leading end-to-end and IoT solutions-enabled integrated electronics manufacturing company. The company provides conceptual design, process engineering, integrated manufacturing, and life-cycle support for major players in the automotive, industrial, aerospace and defense, outer-space, nuclear, medical, railways, Internet of Things ("IoT"), Information Technology ("IT") and other segments.[1]
- Market Cap ₹ 31,245 Cr.
- Current Price ₹ 4,874
- High / Low ₹ 7,825 / 2,424
- Stock P/E 121
- Book Value ₹ 406
- Dividend Yield 0.00 %
- ROCE 14.5 %
- ROE 10.5 %
- Face Value ₹ 10.0
Pros
- Company is expected to give good quarter
Cons
- Stock is trading at 12.0 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of 12.9% over last 3 years.
- Earnings include an other income of Rs.116 Cr.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Consumer Durables Industry: Electronics - Components
Part of BSE Capital Goods BSE 500 Nifty Alpha 50 BSE 250 SmallCap Index BSE 400 MidSmallCap Index
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|---|
368 | 421 | 706 | 1,126 | 1,805 | 2,375 | |
325 | 379 | 611 | 956 | 1,548 | 2,036 | |
Operating Profit | 43 | 42 | 95 | 170 | 257 | 338 |
OPM % | 12% | 10% | 13% | 15% | 14% | 14% |
1 | 4 | 4 | 11 | 56 | 116 | |
Interest | 25 | 25 | 27 | 36 | 56 | 87 |
Depreciation | 8 | 10 | 13 | 19 | 25 | 35 |
Profit before tax | 11 | 11 | 59 | 126 | 232 | 332 |
Tax % | 17% | 10% | 29% | 24% | 21% | |
9 | 10 | 42 | 95 | 183 | 259 | |
EPS in Rs | 13.94 | 14.31 | 9.03 | 16.37 | 28.68 | 40.44 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 62% |
TTM: | 55% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 165% |
TTM: | 80% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
1 Year: | 73% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 13% |
Last Year: | 11% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
---|---|---|---|---|---|---|
Equity Capital | 7 | 7 | 46 | 58 | 64 | 64 |
Reserves | 96 | 131 | 156 | 901 | 2,423 | 2,535 |
153 | 141 | 189 | 155 | 323 | 698 | |
122 | 141 | 231 | 304 | 456 | 499 | |
Total Liabilities | 378 | 419 | 622 | 1,418 | 3,265 | 3,796 |
66 | 72 | 113 | 132 | 319 | 435 | |
CWIP | 12 | 13 | 8 | 29 | 105 | 158 |
Investments | 2 | 2 | 2 | 3 | 132 | 138 |
299 | 333 | 499 | 1,254 | 2,709 | 3,065 | |
Total Assets | 378 | 419 | 622 | 1,418 | 3,265 | 3,796 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|
45 | 26 | 21 | -42 | 70 | |
-10 | -24 | -45 | -494 | -1,505 | |
-35 | 1 | 27 | 554 | 1,429 | |
Net Cash Flow | -0 | 2 | 4 | 19 | -7 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|
Debtor Days | 93 | 106 | 102 | 74 | 72 |
Inventory Days | 228 | 209 | 167 | 191 | 150 |
Days Payable | 139 | 122 | 121 | 103 | 99 |
Cash Conversion Cycle | 182 | 193 | 148 | 162 | 123 |
Working Capital Days | 166 | 156 | 127 | 147 | 126 |
ROCE % | 13% | 26% | 22% | 15% |
Documents
Announcements
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Closure of Trading Window
23h - Closure of Trading Window from April 1 to May 11, 2025.
- Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 13 Mar
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Disclosure As Per Regulation 30 Of SEBI (LODR) Regulation.
11 Mar - Show-Cause Notice received for insider trading allegations.
- Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 1 Mar
- Shareholder Meeting / Postal Ballot-Scrutinizer"s Report 18 Feb
Concalls
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Feb 2025Transcript PPT REC
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Nov 2024Transcript PPT REC
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Oct 2024TranscriptPPTREC
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Jul 2024Transcript PPT
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May 2024Transcript PPT
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Feb 2024TranscriptPPT
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Feb 2024Transcript PPT REC
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Nov 2023Transcript PPT
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Oct 2023TranscriptNotesPPT
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Aug 2023Transcript PPT
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May 2023Transcript PPT REC
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Mar 2023TranscriptNotesPPT
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Feb 2023Transcript PPT
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Dec 2022TranscriptNotesPPT
Overview
Kaynes Technology is a leading end-to-end and IoT solutions-enabled integrated electronics manufacturer in India, with capabilities across the entire spectrum of ESDM services. Kaynes has over three decades of experience in providing Conceptual Design, Process Engineering, Integrated Manufacturing and Life Cycle Support for major players in the Automotive, Industrial, Aerospace and Defence, Outer-space, Nuclear, Medical, Railways, IoT, IT and other segments. [1]