Kinetic Engineering
283.30
-0.75(-0.26%)
Market Cap₹674.51 Cr
PE Ratio173.20
IndustryAutomobiles
Company Performance:
1D-0.26%
1M-1.15%
6M+37.42%
1Y+71.44%
5Y+926.45%
View Company Insightsright
More news about Kinetic Engineering
17Oct 25
Kinetic Watts & Volts Launches First EV Showroom in Pune, Marking National Expansion
Kinetic Engineering's electric vehicle arm, Kinetic Watts & Volts Limited, has opened its first exclusive EV dealership in Pune, Maharashtra. The 1,400 sq. ft. showroom is complemented by a 1,050 sq. ft. service center. The company introduced two electric scooter models: Kinetic DX priced at ₹1,11,499 and Kinetic ZX at ₹1,17,499, both featuring advanced technology. This launch marks the beginning of Kinetic's national retail expansion strategy in the EV market.
04Sept 25
Kinetic Engineering Unveils Advanced Robotic Chassis Line for Electric Scooter Production
Kinetic Engineering Limited has inaugurated an advanced Robotic Chassis Line at its Ahilya Nagar facility in Maharashtra, enhancing production capabilities for the Kinetic DX Electric scooter. The new line features robotic welding systems, clamping auto fixtures, and a dedicated scooter framing cell. The facility upgrade also includes improvements to metal body panel production, a modernized paint shop with CED coating, and a digitized parts store. This automation upgrade aims to improve structural accuracy, consistency, and overall productivity in manufacturing.
01Aug 25
Kinetic Engineering Reports Q1 Results: EBITDA Grows Despite Revenue Decline
Kinetic Engineering Limited (KEL) reported Q1 net sales of ₹353.40 million, down 10.7% year-over-year. EBITDA grew 13.3% to ₹35.80 million with an 8.7% margin. The company operates in Transmission, Driveline, and EV Components, serving major OEMs. KEL's sales are 66% domestic and 34% export. Strategic initiatives include expansion into EVs through subsidiary KWVL, battery manufacturing via associate company Micro Age Instruments, and EV powertrain solutions development. Promoter group increased shareholding to 61% with a ₹160.00 crore capital infusion.
28Jul 25
Kinetic Engineering Makes a Comeback with DX Electric Scooter Launch
Kinetic Engineering Ltd. (KEL) has launched the Kinetic DX electric scooter in India, marking its return to the two-wheeler segment. The scooter is available in two variants priced at ₹1,11,499 and ₹1,17,499. KEL aims to deliver 40,000 units in the first year, with deliveries starting in September 2025. The scooter features a 2.6 kWh LFP battery with a range of 102-116 km. The launch is supported by a ₹72.00 crore capital infusion into KEL's EV subsidiary, KWV, with an additional ₹177.00 crore committed by promoters. The company also announced board decisions including financial results approval, AGM scheduling, and new appointments.
24May 25
Kinetic Engineering Boosts Automobile Business with ₹10 Crore Investment in Subsidiary
Kinetic Engineering Ltd. has announced a ₹10.00 crore investment in its subsidiary, Kinetic Watts and Volts, to strengthen its position in the automobile business. This strategic move aims to enhance the company's capabilities in the automotive sector, potentially leading to improved production, R&D initiatives, product line expansion, and market competitiveness. The investment aligns with Kinetic Engineering's vision to bolster its presence in the evolving automotive market.
13May 25
Kinetic Engineering Expands into EV Market with Brand Licensing Deal
Kinetic Engineering Ltd. has approved a brand licensing agreement with Kinetic Watts and Volts Ltd. for their electric vehicle business. This strategic move allows Kinetic to leverage its established brand name in the growing EV sector, potentially opening new revenue streams and market opportunities. The decision aligns with the global shift towards electric mobility and positions Kinetic as a potential player in India's EV revolution.
13May 25
Kinetic Engineering Ltd Reports Mixed Q4 Results with Improved EBITDA but Lower Revenue
Kinetic Engineering Ltd's Q4 results show a 12.29% increase in EBITDA to ₹33.80 crore and improved EBITDA margin of 8.77%. However, revenue declined by 5.31% to ₹385.40 crore, and net profit decreased by 18% to ₹8.20 crore year-over-year. The company demonstrated significant quarter-on-quarter improvement, recovering from a ₹32.70 crore loss in the previous quarter to a ₹8.20 crore profit in Q4.
27Mar 25
Kinetic Engineering Redeems Preference Shares and Secures ₹177.00 Crore Investment Approval, Boosting Growth Plans
Kinetic Engineering Limited (KEL) has announced the redemption of preference shares using proceeds from convertible warrants and received in-principle approval from BSE for a ₹177 crore investment. The investment plan, approved by 99.99% of shareholders, involves issuing 1,03,56,725 warrants convertible to equity shares at ₹171 each. The funds will be used for capital expenditure, tooling, growth initiatives, and expansion of its EV subsidiary. The investment will be made in phases over 18 months, with the first ₹55 crore due by March 31, 2025. Promoters aim to increase their stake from 59% to 70% by FY-2027.
21Feb 25
Kinetic Group Invests ₹50 Crore in EV Battery Manufacturing Plant
Kinetic Group is investing ₹50 crore to establish a battery manufacturing plant in Ahmednagar, Maharashtra, with an annual capacity of 60,000 battery packs for two- and three-wheeler EVs. The facility will produce LFP and NMC batteries, including Kinetic's proprietary Range X battery packs. This investment is part of a larger ₹177 crore plan to grow the company's EV business, aiming for ₹1,000 crore in EV revenue by 2029.
Kinetic Engineering
283.30
-0.75
(-0.26%)
1 Year Returns:+71.44%
Industry Peers
Bosch
36,570.00
(-0.57%)
UNO Minda
1,243.10
(+0.93%)
Bharat Forge
1,382.70
(-0.04%)
Schaeffler India
3,839.30
(-0.63%)
Tube Investment
2,668.00
(+0.47%)
Endurance Technologies
2,602.90
(-0.82%)
Exide Industries
371.55
(-0.50%)