Kaynes Technology India
7,019.00
+27.50(+0.39%)
Market Cap₹46,867.30 Cr
PE Ratio148.11
Company Performance:
1D+0.39%
1M-3.29%
6M+24.38%
1Y+25.73%
5Y+917.32%
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More news about Kaynes Technology India
19Sept 25
Kaynes Technology CEO Resigns, New CEO to be Announced Soon
Rajesh Sharma, CEO of Kaynes Technology India Limited, has resigned effective October 31, citing pursuit of opportunities outside the organization. The stock price declined 4%, reaching an intraday low of ₹6,882.00. Sharma's tenure included leading the company through its IPO, expanding manufacturing capacities, and achieving a market capitalization over ₹50,000 crores. The company will announce a new CEO in the coming days.
06Sept 25
Kaynes Technology Bolsters AR/AI Wearables Capabilities with Mustard Smartglasses Team Integration
Kaynes Technology India Limited has integrated the core team behind Mustard Smartglasses, enhancing its expertise in AI-powered, waveguide-based smart wearable technology. This strategic move aims to strengthen Kaynes' position in the AR and AI wearables market, expanding its capabilities in designing and manufacturing next-generation AR/VR smart glasses platforms for global brands. The integration is expected to support various applications including real-time translation, enhanced accessibility, AI-driven remote inspection, and SOP monitoring in industrial settings. Kaynes emphasizes its commitment to an open, developer-centric ecosystem, aligning with its investments in advanced manufacturing and technology platforms.
04Sept 25
Kaynes Tech in Spotlight as India-Singapore Collaborate on Semiconductors, Quantum Computing, and AI
Prime Minister Narendra Modi announced Singapore's participation in Semicon India 2025, marking a new phase in bilateral relations. The collaboration focuses on semiconductor manufacturing, quantum computing, and artificial intelligence. This partnership aims to accelerate technological advancements, attract foreign investments, and create job opportunities in high-tech fields. Kaynes Technology India Limited, a key player in electronics manufacturing services, has been mentioned in connection with this partnership, suggesting potential growth opportunities.
03Sept 25
Kaynes Technology Set to Launch India's First Domestically Manufactured Semiconductor Chip
Kaynes Technology India is set to launch the country's first Indian-manufactured semiconductor chip on October 5th. This milestone aligns with India's push for self-reliance in the semiconductor industry. The move is expected to enhance supply chain resilience, potentially reduce costs for Indian electronics manufacturers, spur innovation, and create high-skilled jobs. The success of this venture could encourage more Indian companies to enter semiconductor manufacturing, potentially reshaping India's position in the global technology supply chain.
02Sept 25
PM Modi Announces Design Linked Incentive Program, Potential Boost for Kaynes Technology India
Prime Minister Narendra Modi has announced the development of a new Design Linked Incentive Program aimed at boosting domestic manufacturing and design capabilities in the electronics sector. This initiative could potentially benefit companies like Kaynes Technology India Limited. Kaynes Technology, through its subsidiary Kaynes Semicon Private Limited (KSPL), has recently executed an agreement with US Technology International Private Limited (UST) for collaboration in Outsourced Semiconductor Assembly and Test operations. The agreement involves issuing Compulsorily Convertible Preference Shares to UST, not exceeding 10% of KSPL's Share Capital. Separately, Kaynes Technology announced the resignation of Mr. Govind S Menokee, Head of Information Technology.
01Sept 25
Kaynes Technology's Subsidiary KSPL Inks OSAT Collaboration Deal with US Technology
Kaynes Technology India Limited's subsidiary, Kaynes Semicon Private Limited (KSPL), has signed a collaboration agreement with US Technology International Private Limited (UST) for Outsourced Semiconductor Assembly and Test (OSAT) operations in India. KSPL will issue Compulsorily Convertible Preference Shares (CCPS) to UST, not exceeding 10% of its share capital. The conversion will occur in two phases, with 5% converted on the closing date and the remaining 5% subject to revenue-linked milestones. KSPL will allot 27,778 CCPS, with 13,158 shares converted immediately and 14,620 shares contingent on meeting revenue targets. This strategic move aims to strengthen Kaynes Technology's position in India's growing semiconductor industry.
01Sept 25
Kaynes Tech Sets Sights on Commercial Chip Delivery by Q4 FY26
Kaynes Technology India Limited (Kaynes Tech) has announced plans to enter the commercial chip manufacturing sector, with deliveries set to begin in the fourth quarter of fiscal year 2026. This move marks a significant expansion for the electronic manufacturing services company into the semiconductor industry. The initiative aims to capitalize on the growing demand for chips across various sectors and could potentially address global chip shortage issues.
25Aug 25
Motilal Oswal Mutual Fund Boosts Stake in Kaynes Technology to 5.03%
Motilal Oswal Mutual Fund has acquired an additional 2,25,015 shares of Kaynes Technology India, increasing its total holding to 33,66,952 shares. This acquisition has raised the fund's stake from 4.69% to 5.03% of the company's equity share capital. The purchase was executed through 17 different schemes managed by the fund house, including various equity funds, ETFs, and index funds. The transaction was reported in compliance with SEBI regulations for substantial acquisition of shares.
07Aug 25
Kaynes Technology Reports Full Utilization of IPO Proceeds, Significant Progress in QIP Fund Deployment
Kaynes Technology India Limited has fully utilized its IPO proceeds of INR 625.74 crore from November 2022 across five objectives including debt repayment and expansion. The company has also made significant progress in deploying funds from two QIPs: INR 737.38 crore out of INR 1,374.00 crore from December 2023 QIP, and INR 1,200.00 crore out of INR 15,749.66 crore from June 2025 QIP. Key utilizations include establishing an OSAT facility, setting up a PCB facility, debt repayment, and inorganic growth opportunities. Monitoring agencies reported no material deviations from stated objectives.
05Aug 25
Kaynes Technology Reports Strong Q1 Performance, Signs MoU for ₹4,995 Crore Investment in Tamil Nadu
Kaynes Technology India Limited reported robust Q1 financial results with a 34% YoY increase in total revenue to ₹6,735.00 million and a 47% YoY growth in PAT to ₹746.00 million. The company's subsidiary, Kaynes Circuits India Private Limited, signed an MoU with the Tamil Nadu government for a ₹4,995.00 crore investment over 6 years to establish manufacturing facilities for advanced PCBs. Kaynes is transitioning to an integrated ESDM company, expanding its ODM portfolio and diversifying across multiple sectors. The company maintains its full-year revenue guidance of ₹4,500.00 crores and has several key projects in the pipeline, including an OSAT facility and a Multilayer HDI PCB plant.
04Aug 25
Kaynes Technology Subsidiary Inks ₹4,995 Crore MoU with Tamil Nadu Government for Manufacturing Expansion
Kaynes Circuits India Private Limited, a subsidiary of Kaynes Technology India Limited (KTIL), has signed a non-binding MoU with the Tamil Nadu government for a proposed investment of ₹4,995 crores over six years. The investment aims to establish new manufacturing facilities for advanced electronic components, including multilayer PCBs, HDI PCBs, and flexible PCBs. The government will provide support through incentives, subsidies, and infrastructure assistance. This expansion could boost Tamil Nadu's position in India's electronics manufacturing sector.
30Jul 25
Kaynes Tech Expands Global Footprint with Canadian Acquisition, Reports Strong Q1 Results
Kaynes Technology India Limited, an IoT solutions-enabled electronics manufacturer, reported impressive Q1 financial results with 34% YoY revenue growth to ₹6,734.66 million and 47% YoY net profit increase to ₹746.12 million. The company also acquired August Electronics in Canada, enhancing its manufacturing capabilities and strengthening its presence in North America. The order book stood at ₹74,011.00 million, indicating strong future revenue visibility. Kaynes Tech remains focused on complex, high-margin verticals and is committed to becoming a high-value, design-led global ESDM partner.
30Jul 25
Kaynes Technology Reports Robust Q1 FY26 Results: Revenue Surges 34% YoY with Significant Margin Expansion
Kaynes Technology India Limited announced impressive Q1 FY26 results, with revenue up 34% YoY to ₹6,734.66 million. EBITDA increased 69% to ₹1,130.00 million, with margin expanding to 16.8%. PAT grew 47% to ₹746.12 million. The company's order book stood at ₹74,011.00 million. Key developments include expansion into space technology through a new subsidiary, global expansion with Kaynes Canada Limited, and allotment of employee stock options. The company is actively utilizing funds from its IPO and QIPs for strategic initiatives. Management remains focused on complex, high-margin verticals and is optimistic about future growth prospects.
30Jul 25
Kaynes Technology Reports Strong Q1 Results, Approves Stake Reduction in Kaynes Semicon
Kaynes Technology India Limited announced robust Q1 financial results with revenue up 34.70% YoY to ₹6734.66 million and net profit increasing 46.90% to ₹746.12 million. The company's board approved dilution of its stake in wholly-owned subsidiary Kaynes Semicon through preference share allotment. Additionally, the company allotted 77,561 equity shares under its ESOP Scheme, made board appointments, and modified its ESOP vesting period.
28Jul 25
Kaynes Technology Expands Portfolio with Strategic Acquisitions Worth Rs. 44.72 Crore
Kaynes Technology India Limited has approved the acquisition of stakes in three companies for a total investment of Rs. 44.72 crore. The company will acquire 76% stakes in Aerocaliph Components and Cryo Precision Technologies, both aerospace manufacturing firms, and an 11.13% stake in Tranzmeo IT Solutions, a deep-tech company specializing in fiber-optic sensing networks. These cash transactions are expected to be completed by September 30, 2025, marking Kaynes' expansion into aerospace manufacturing and entry into the deep-tech sector.
28Jul 25
Kaynes Tech Bolsters Aerospace and Deep-Tech Capabilities with Strategic Acquisitions
Kaynes Technology India Limited has acquired stakes in three companies to strengthen its position in aerospace and deep-tech sectors. The company purchased 76% stakes in Aerocaliph Components and Cryo Precision Technologies, both aerospace manufacturers, and an 11.13% stake in Tranzmeo IT Solutions, a deep-tech firm specializing in intelligent fiber-optic sensing networks. These acquisitions aim to enhance Kaynes Tech's capabilities in aerospace manufacturing, defense technologies, AI applications, and advanced sensing networks. The acquisitions are expected to be completed by September 30, 2025, subject to closing conditions.
03Jul 25
Kaynes Technology to Invest $17.7 Million in Singapore Subsidiary
Kaynes Technology India Limited plans to invest $17.7 million (approximately ₹146.5 crore) in its wholly-owned subsidiary, Kaynes Holding Pte. Ltd., based in Singapore. This significant investment aims to strengthen the company's international presence and expand its operations in the Southeast Asian market. The move suggests strategic objectives including market expansion, operational enhancement, and strengthening the company's global footprint.
26Jun 25
Kaynes Technology India Expands into Space Sector with New Subsidiary
Kaynes Technology has incorporated a wholly owned subsidiary, Kaynes Space Technology Pvt. Ltd., to enter the space technology market. The new venture will focus on designing and manufacturing satellites, payloads, and launch vehicles, as well as establishing infrastructure for launch operations and satellite lifecycle management. The company aims to develop cost-effective and sustainable technologies for the space sector.
25Jun 25
Kaynes Tech Approves QIP Issue of 2.9 Million Shares at ₹5,569.5 Floor Price
Kaynes Technology India Limited's board has approved a Qualified Institutional Placement (QIP) for 2.9 million shares with a floor price of ₹5,569.50 per share. This move aims to raise capital, potentially for expansion, debt reduction, or other strategic initiatives. The QIP could also lead to increased institutional ownership and may influence market perception of the company.
24Jun 25
Kaynes Tech Approves 2.9 Million Share QIP at ₹5,569.5 Minimum Price
Kaynes Technology India Limited's board has approved a Qualified Institutional Placement (QIP) of 2.9 million shares with a minimum price set at ₹5,569.50 per share. This strategic move aims to raise capital from qualified institutional buyers without pre-issue filings to market regulators.
24Jun 25
Kaynes Technology India Ltd Raises Funds Through Successful QIP at ₹5,569.50 per Share
Kaynes Technology India Ltd completed a Qualified Institutions Placement (QIP), issuing 28.73 lakh equity shares at ₹5,569.50 per share, a 1% discount to the floor price. The QIP ran from June 19 to June 24. Funds will be used to strengthen the balance sheet and support expansion in electronics manufacturing and design-led services.
20Jun 25
Kaynes Technology Launches Rs 1,600-Crore QIP with Attractive Discount
Kaynes Technology, an electronics manufacturing services company, has opened a Qualified Institutional Placement (QIP) to raise up to Rs 1,600 crore. The floor price is set at Rs 5,625.75 per share, with an indicative range of Rs 5,344.00 to Rs 5,612.00, offering a potential discount of up to 4.8%. The company projects FY26 revenue of Rs 4,525.00 crore and expects improved EBITDA margins. Kaynes anticipates significant growth in aerospace and automotive export segments.
19Jun 25
Kaynes Technology Launches ₹1,600-Crore QIP with ₹5,625.75 Floor Price
Kaynes Technology India Limited has initiated a Qualified Institutions Placement (QIP) to raise ₹1,600 crore. The floor price is set at ₹5,625.75 per share, with an indicative price range of ₹5,344.00 to ₹5,612.00. The company projects a revenue of ₹4,525 crore for FY26 and expects improved EBITDA margins. This move aims to strengthen the company's financial position and support growth initiatives.
18Jun 25
Kaynes Technology India Ltd. Sees Significant Block Trade of ₹22.17 Crore
A significant block trade of 39,203 shares of Kaynes Technology India Ltd. occurred on the National Stock Exchange (NSE) at ₹5,655.50 per share, totaling ₹22.17 crore. This large transaction may indicate potential investor interest in the company, although the identities of the parties involved remain undisclosed.
12Jun 25
Kaynes Technology India to Invest Up to $1.03 Million in Kaynes Holding
Kaynes Technology India has announced plans to invest up to $1.03 million (₹8.50 crore) to acquire shares of Kaynes Holding. The specific details of the deal, including the number of shares and resulting ownership percentage, have not been disclosed. The strategic implications and purpose of this acquisition remain unclear, but could potentially involve strengthening market position, expanding operations, or gaining access to new technologies or markets.
11Jun 25
Kaynes Technology India Plans $1.03 Million Investment in Kaynes Holding
Kaynes Technology plans to invest up to $1.03 million (₹8.50 crore) to acquire shares of Kaynes Holding. The electronics manufacturing services company has not disclosed specifics about the stake to be acquired or the strategic purpose behind this investment. This move could potentially lead to strengthening group synergies, expanding business capabilities, or enhancing market position.
11Jun 25
Kaynes Technology Subsidiary to Acquire Fujitsu's Power Module Assets for ₹85 Crore
Kaynes Technology India Limited's subsidiary, Kaynes Semicon Private Limited, is set to acquire power module production lines and related manufacturing assets from Fujitsu General Electronics for ₹85 crore. The deal is expected to close on June 9, 2025, subject to customary conditions. This acquisition aims to enhance Kaynes Technology's capabilities in the semiconductor manufacturing sector, particularly in the power module segment.
11Jun 25
Kaynes Technology Unit Inks ¥1.59 Billion Asset Purchase Deal with Fujitsu Electronics
A unit of Kaynes Technology India Limited has entered into an asset purchase agreement with Fujitsu Electronics. The deal, valued at ¥1.59 billion (Japanese Yen), marks a significant expansion move for Kaynes in the electronics manufacturing sector. This strategic acquisition could enhance Kaynes' capabilities and market position, potentially bringing valuable resources and technologies to its portfolio.
10Jun 25
Kaynes Technology Subsidiary to Acquire Fujitsu Electronics Assets for ₹100 Crore
Kaynes Technology India Limited's subsidiary, Kaynes Semicon, has agreed to acquire power module production lines from Fujitsu General Electronics for 1.59 billion yen (approximately ₹100.00 crore). This strategic move aims to enhance Kaynes' semiconductor manufacturing capabilities and strengthen its position in the industry. The acquisition is expected to expand Kaynes' product offerings in the semiconductor space.
10Jun 25
Kaynes Technology Unit Inks ¥1.59 Billion Asset Purchase Deal with Fujitsu Electronics
A unit of Kaynes Technology has entered into an asset purchase agreement with Fujitsu Electronics valued at ¥1.59 billion (Japanese Yen). The specific details of the assets involved in this transaction have not been disclosed. This acquisition could potentially enhance Kaynes Technology's technological capabilities, market reach, or product portfolio. The deal's implications on the company's operations and market strategy are yet to be fully understood.
09Jun 25
Kaynes Technology India to Establish Educational Centre in Mysuru
Kaynes Technology India Ltd. plans to construct the Kaynes Centre, an education and technology-focused facility in Mysuru. The project, funded by a recent 1.8% promoter stake sale, is expected to be completed in 3-4 years. CFO Jairam Sampath forecasts company revenue of Rs 4,350.00 crore for the current fiscal year with an EBITDA margin of 15.60%, excluding recent acquisition impacts.
03Jun 25
Kaynes Technology India Invests $8.8 Million in Kaynes Holding
Kaynes Technology India has announced an investment of $8.8 million (₹72.80 crore) in Kaynes Holding. The investment aims to strengthen Kaynes Holding's operational capabilities and improve its financial position. This move demonstrates confidence in Kaynes Holding's potential and suggests strategic alignment between the two entities. The substantial investment indicates a long-term commitment to strengthening the group's market position.
19May 25
Kaynes Technology Projects Robust Revenue Growth for FY25 and FY26
Kaynes Technology India Limited, a leading EMS company, has announced ambitious revenue projections for the upcoming fiscal years. The company expects revenue of 2,722.00 crore rupees in FY25 and 4,525.00 crore rupees in FY26, indicating significant year-over-year growth. This optimistic outlook aligns with broader growth trends in India's electronics manufacturing industry, driven by government initiatives and increasing demand for electronic products.
16May 25
Kaynes Technology India: Q4 Profit Soars 43%, Revenue Up 54%
Kaynes Technology India, a leading EMS company, has reported strong Q4 results with revenue rising 54% to ₹984.5 crore and net profit increasing 43% to ₹116.20 crore. The company's EBITDA margin grew by 76% year-over-year. Kaynes' order book stood at ₹6,596.9 crore as of March 31, indicating robust future growth potential. For the full fiscal year, the company's consolidated profit reached ₹293.43 crore, up from ₹183.3 crore in the previous year. Kaynes has also acquired August Electronics in Canada to strengthen its North American presence.
15May 25
Kaynes Technology India Reports Strong Q4 Performance with Significant Growth in Revenue and Profits
Kaynes Technology India announced impressive Q4 financial results. Revenue surged 46.2% year-over-year to ₹9.84 billion. Consolidated net profit rose 42.7% to ₹1.16 billion. EBITDA grew 76.5% to ₹1.68 billion, with margin expanding to 17.05%. The company demonstrated strong growth across all key financial metrics, indicating robust market position and operational efficiency.
09May 25
Kaynes Technology India Expands Globally with Acquisition of Canada's August Electronics
Kaynes Technology India Ltd. has acquired August Electronics, a Canadian company, marking its entry into the North American market. This strategic move is expected to enhance Kaynes' global presence, expand its capabilities, and strengthen its competitiveness in the international electronics manufacturing services sector. While financial details were not disclosed, the acquisition aligns with Kaynes' growth strategy and could potentially open new revenue streams and customer bases.
07May 25
Kaynes Technology India to Acquire Canadian Firm August Electronics for CAD 57 Million
Kaynes Technology India Ltd., a leading Indian electronics manufacturing services company, has approved the acquisition of August Electronics, a Canadian electronics manufacturing firm, for CAD 57 million (approximately ₹350 crore). The acquisition will be executed through Kaynes' Canadian subsidiary, marking a significant step in the company's international expansion strategy. This move is expected to strengthen Kaynes' presence in the North American market, potentially providing access to new customers and technologies.
13Mar 25
Kaynes Technology Schedules Analyst and Investor Meeting for March 28
Kaynes Technology India Limited has scheduled a group meeting with analysts and institutional investors on March 28, 2025, in Mysuru, Karnataka. The meeting aims to provide updates on company performance, strategies, and industry outlook. While primarily a group format, one-on-one interactions may be possible. The company has assured compliance with SEBI regulations, stating no unpublished price-sensitive information will be shared.
12Mar 25
Kaynes Technology MD Faces SEBI Scrutiny Over Alleged Insider Trading Violations
Ramesh Kunhikannan, Managing Director of Kaynes Technology India Limited, has received a show-cause notice from SEBI for alleged violations of insider trading rules related to the company's March 31, 2023 financial results. The notice specifically concerns the maintenance of a Structured Digital Database. Following the news, the company's stock fell 9.17% to Rs 3,898 in early trade. Kaynes Technology is reviewing the notice and has committed to cooperating with SEBI to resolve the matter.
11Mar 25
Kaynes Technology India's MD Faces SEBI Scrutiny Over Insider Trading Regulations
Kaynes Technology India Limited's Managing Director, Ramesh Kunhikannan, received a show-cause notice from SEBI on March 10, 2025, regarding alleged violations in maintaining the Structured Digital Database for financial results ending March 31, 2023. The company acknowledged the notice and plans to review it, take appropriate legal steps, and cooperate fully with SEBI to resolve the matter within the regulatory framework.
Kaynes Technology India
7,019.00
+27.50
(+0.39%)
1 Year Returns:+25.73%
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