Kaynes Technology India Limited has notified the stock exchanges of an upcoming one-to-one institutional investor meeting scheduled for May 18, 2026, in Singapore. The intimation was filed on May 16, 2026, in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Meeting Details

The company has disclosed the following details regarding the scheduled investor interaction:

Regulatory Compliance and Disclosures

The meeting has been scheduled on a one-on-one basis with Citi in Singapore. Kaynes Technology India has explicitly stated that no unpublished price sensitive information pertaining to the company will be shared during the interaction with the analyst or institutional investor.

The company has also noted that the schedule of the aforesaid meeting is subject to change, and any modifications may occur due to exigencies on the part of the investor or the company. The disclosure was submitted by Sudhasri Addepalli, Company Secretary and Compliance Officer, holding ICSI Membership No. ACS 79832. The above information will also be made available on the company's website at www.kaynestechnology.co.in .

Kaynes Technology India has received a maintained Buy rating from Jefferies, even as the global brokerage revised its target price downward to ₹3970. The rating reaffirmation comes against the backdrop of a significant 55% correction in the stock from its peak valuations, which Jefferies has cited as a key factor in its continued constructive stance on the counter.

Revised Target Price and Key Concerns

Jefferies has trimmed its target price on Kaynes Technology India to ₹3970, reflecting a recalibration of near-term earnings expectations. The brokerage has applied mid-teen EPS cuts for FY27–28, acknowledging headwinds that could weigh on profitability over the medium term. The following table summarises the key parameters of Jefferies' revised assessment:

In addition to earnings cuts, Jefferies flagged elevated working capital requirements, with expectations that working capital days will remain above 100 days. This is seen as a near-term operational challenge that could affect cash flow dynamics for the company.

Long-Term Growth Outlook Supported by OSAT and PCB Ramp-Up

Despite the near-term earnings revisions, Jefferies retains a positive long-term view on Kaynes Technology India, projecting a robust 43% EPS CAGR over FY26–29. The brokerage attributes this growth trajectory primarily to the anticipated ramp-up of the company's OSAT (Outsourced Semiconductor Assembly and Test) and PCB (Printed Circuit Board) businesses. These segments are expected to be key drivers of earnings expansion over the stated period.

The combination of a significant stock price correction and a maintained Buy rating suggests that Jefferies views the current valuation as an opportunity, even as it acknowledges the near-term pressures from working capital intensity and earnings downgrades. The long-term growth thesis remains anchored to the scaling of Kaynes Technology India's advanced manufacturing capabilities in the OSAT and PCB domains.