Kaynes Technology Posts 33 Per Cent Revenue Growth In FY26
EBITDA margin for FY26 stood at 15.8 per cent compared with 15.1 per cent in FY25 while profit after tax for the year was Rs 3,639 mn, a rise of 24 per cent. The PAT margin was 10.0 per cent, down from 10.8 per cent a year earlier, and quarterly PAT was Rs 912 mn. The company reported steady growth despite challenging market conditions.
The order book was reported at upwards of Rs 80,000 million (mn) at the end of FY26, supporting revenue visibility. The company inaugurated its OSAT facility in Sanand, Gujarat, which commenced commercial operations within 14 months and is scaling up rapidly. The HDI printed circuit board unit is nearing operational readiness and will support scalable production.
Board strength was enhanced with the appointment of two independent directors: Padma Shri Dr M. Annadurai, former director of the U R Rao Satellite Centre with over 37 years of experience, and Rajesh Mittal, who brings over four decades of global automotive and engineering experience including leadership at ISUZU Motors India. Management highlighted sustained customer engagement and long term demand visibility across automotive, industrial, aerospace, medical, railways and internet of things segments. Investment in design led solutions, OSAT, PCB and manufacturing capabilities underpins the strategic direction.
Kaynes Technology is an end to end and IoT solutions enabled integrated electronics manufacturer with three decades of experience, 16 advanced manufacturing facilities and service centres in Cochin and Mumbai. The company cautioned that forward looking statements in the release are subject to risks and uncertainties and actual results may differ.