Kaynes Technology FY26 Revenue Rises 33%; Results Published in Newspapers
Kaynes Technology India published its FY26 audited financial results in Financial Express and Vijaya Karnataka on May 14, 2026, under SEBI Regulation 33. Consolidated revenue grew 33.2% YoY to Rs 36,264 mn and net profit rose 24% to Rs 3,639 mn, while Q4 FY26 net profit declined 21.5% YoY to Rs 912 mn. The order book stood at Rs 83,663 mn, the OSAT facility in Sanand commenced commercial operations, and the company guided for 30% revenue growth and ~17% EBITDA margin in FY27.

*this image is generated using AI for illustrative purposes only.
Kaynes Technology India Limited has published its audited financial results for the quarter and year ended March 31, 2026 in newspapers, in compliance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The results were published in the Financial Express (All India Edition) and Vijaya Karnataka (Karnataka Edition) on May 14, 2026, following the Board of Directors' approval of the financial statements at their meeting held on May 13, 2026. The company also made available the audio recording of its earnings call, conducted on May 14, 2026, on its official website pursuant to Regulation 30 of the SEBI (LODR) Regulations, 2015.
The company reported a consolidated net profit of Rs 3,639 million for FY26, a 24% increase from Rs 2,934 million in the previous year. Consolidated revenue from operations for FY26 stood at Rs 36,264 million, reflecting a 33.2% year-on-year growth from Rs 27,218 million in FY25. According to CNBC TV18, the company has projected a 30% revenue growth guidance for FY27 and expects to achieve around 17% EBITDA margin by FY27.
Q4 Performance Snapshot
For the quarter ended March 31, 2026, the company reported a consolidated net profit of Rs 912 million, compared to Rs 1,162 million in the same quarter of the previous year, reflecting a decline of 21.5% year-on-year. Quarterly revenue from operations rose to Rs 12,426 million from Rs 9,845 million year-on-year. Q4 EBITDA increased to Rs 1,937 million from Rs 1,679 million in the year-ago period, while the EBITDA margin contracted to 15.59% from 17.05% year-on-year.
| Metric: | Q4 FY26 | Q4 FY25 | Change (YoY) |
|---|---|---|---|
| Revenue from Operations | Rs 12,426 mn | Rs 9,845 mn | +26.2% |
| EBITDA | Rs 1,937 mn | Rs 1,679 mn | +15.4% |
| EBITDA Margin | 15.59% | 17.05% | -146 BPS |
| Net Profit After Tax | Rs 912 mn | Rs 1,162 mn | -21.5% |
Full-Year Financial Performance
The full fiscal year results showed strong top-line momentum with consolidated revenue growing by 33.2%. EBITDA for the year reached Rs 5,741 million, a 39.8% increase from the previous year's Rs 4,107 million. The EBITDA margin improved to 15.8% in FY26 from 15.1% in FY25. Profit before tax grew 35.7% to Rs 5,043 million.
| Metric: | FY26 | FY25 |
|---|---|---|
| Revenue from Operations (Rs mn) | 36,264 | 27,218 |
| EBITDA (Rs mn) | 5,741 | 4,107 |
| EBITDA Margin (%) | 15.8% | 15.1% |
| Net Profit After Tax (Rs mn) | 3,639 | 2,934 |
Standalone Financial Highlights
The audited standalone financial results for the quarter and year ended March 31, 2026 were also published as part of the newspaper disclosure. The following table summarises key standalone metrics.
| Metric: | Q4 FY26 | Q3 FY26 | Q4 FY25 | FY26 | FY25 |
|---|---|---|---|---|---|
| Revenue from Operations (Rs mn) | 6,881.13 | 5,217.55 | 7,365.46 | 21,278.18 | 19,154.43 |
| Profit Before Tax (Rs mn) | 1,000.82 | 933.48 | 776.15 | 3,526.14 | 2,753.48 |
| Profit After Tax (Rs mn) | 709.41 | 659.82 | 604.09 | 2,541.06 | 2,099.05 |
Consolidated Earnings Per Share
The consolidated earnings per share (EPS) figures for the reported periods are as follows:
| Metric: | Q4 FY26 | Q3 FY26 | Q4 FY25 | FY26 | FY25 |
|---|---|---|---|---|---|
| Basic EPS (Rs) | 13.32 | 11.34 | 18.12 | 54.85 | 45.82 |
| Diluted EPS (Rs) | 13.23 | 11.20 | 17.99 | 54.45 | 45.40 |
Operational Highlights
The order book stood at upwards of Rs 80,000 million as of FY26, providing strong revenue visibility. The presentation further disclosed the order book at Rs 83,663 million as of Q4 FY26. The company achieved a significant milestone with the inauguration of its OSAT facility in Sanand, Gujarat, which has commenced commercial operations. The HDI PCB manufacturing unit is nearing operational readiness, with PCB Unit 1 expected to be operational by July 2026.
Regulatory Compliance
In compliance with SEBI Regulation 30, Kaynes Technology has filed the audio recording link for the Q4 FY26 earnings call with both BSE Limited and the National Stock Exchange of India Limited. The recording is accessible on the company's official website. The newspaper publication of financial results was carried out in accordance with Regulation 33 of the SEBI (LODR) Regulations, 2015.
| Particulars: | Details |
|---|---|
| Newspaper Publications | Financial Express (All India Edition); Vijaya Karnataka (Karnataka Edition) |
| Date of Publication | May 14, 2026 |
| Regulatory Compliance | SEBI (LODR) Regulations, 2015 — Regulation 33 |
| Earnings Call Date | May 14, 2026 |
| Earnings Call Regulation | SEBI (LODR) Regulations, 2015 — Regulation 30 |
| Board Approval Date | May 13, 2026 |
| Statutory Audit Status | Unqualified |
Historical Stock Returns for Kaynes Technology India
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -2.97% | +4.42% | -25.29% | -43.78% | -47.58% | +354.18% |
How will the ramp-up of Kaynes Technology's OSAT facility in Sanand and the upcoming PCB Unit 1 commissioning in July 2026 contribute to margin expansion toward the targeted 17% EBITDA margin in FY27?
Given the Q4 FY26 net profit decline of 21.5% despite strong revenue growth, what specific cost pressures or one-time charges could persist into FY27 and potentially challenge the company's profitability trajectory?
With an order book exceeding Rs 83,663 million, how diversified is Kaynes Technology's customer and sector mix, and could over-reliance on any single segment pose execution or revenue concentration risks in FY27?
































