Kaynes Technology India Limited , a leading player in the electronics manufacturing sector, has confirmed that there were no deviations or variations in the utilization of funds raised through two Qualified Institutional Placements (QIPs) for the quarter and half year ended September 30, 2025.

First QIP Details

The company's first QIP, allotted on December 21, 2023, raised gross proceeds of Rs. 14,000.00 million. After deducting issue expenses of Rs. 260.00 million, the net proceeds stood at Rs. 13,740.00 million.

Second QIP Details

The second QIP, allotted on June 24, 2025, generated gross proceeds of Rs. 16,000.00 million. With issue expenses of Rs. 250.34 million, the net proceeds amounted to Rs. 15,749.66 million.

Fund Allocation for Second QIP

The funds from the second QIP were allocated as follows:

Unutilized Funds

Kaynes Technology reported that the unused funds from both QIP issues have been deposited in scheduled commercial banks and invested in permitted investments as per company policy. This approach ensures that the capital remains secure while awaiting deployment for its intended purposes.

Compliance and Transparency

The company's disclosure of fund utilization demonstrates its commitment to transparency and compliance with regulatory requirements. By confirming no deviations from the stated objectives, Kaynes Technology reassures investors about the proper management and allocation of the raised capital.

Future Outlook

With funds still available for inorganic growth opportunities and general corporate purposes, Kaynes Technology is positioned to pursue strategic initiatives and support its ongoing operations. The company's management of QIP proceeds may contribute to its financial stability in the electronics manufacturing sector.

Kaynes Technology India Limited , a leading player in the Electronics System Design and Manufacturing (ESDM) segment, has reported a strong financial performance for the second quarter of the fiscal year 2025-26. The company's results showcase significant growth across key financial metrics, indicating robust business momentum.

Financial Highlights

Kaynes Technology India has posted impressive year-over-year growth in its Q2 FY2025-26 results:

The company's net profit for the quarter has doubled compared to the same period last year, showcasing a remarkable 101% increase. This substantial growth in profitability underscores the company's operational efficiency and strong market position.

Revenue Growth

Kaynes Technology India's revenue for Q2 FY2025-26 stood at 9.06 billion rupees, marking a significant 58.9% increase from 5.7 billion rupees in the corresponding quarter of the previous fiscal year. This robust top-line growth reflects the company's expanding market presence and increased demand for its ESDM services.

Improved Operational Efficiency

The company's EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) saw a substantial rise of 80.3%, reaching 1.48 billion rupees compared to 821 million rupees in Q2 of the previous fiscal year. This growth outpaced the revenue increase, indicating improved operational efficiency.

Moreover, the EBITDA margin expanded by 198 basis points, rising from 14.35% in Q2 FY2024-25 to 16.33% in the current quarter. This margin expansion suggests that Kaynes Technology India has successfully managed its costs while scaling up operations.

Market Implications

The strong financial performance of Kaynes Technology India in Q2 FY2025-26 may be viewed positively by investors and market analysts. The company's ability to significantly increase its profitability while expanding its revenue base demonstrates its strong execution capabilities and potential for sustainable growth in the ESDM sector.

As the demand for electronic manufacturing services continues to grow, Kaynes Technology India appears well-positioned to capitalize on market opportunities, supported by its improving financial metrics and operational efficiency.

Investors and stakeholders may look forward to the company's future guidance and strategic initiatives to sustain this growth trajectory in the coming quarters.