KAYNES TECHNOLOGY INDIA LIMITED Financials Kaynes Technology India Limited
Equities
KAYNES
INE918Z01012
Electronic Equipment & Parts
|
Delayed
Other stock markets
|
5-day change | 1st Jan Change | ||
| 3,341 INR | -3.47% |
|
+30.10% | +27.94% |
| Mar. 21 | Certain Equity Shares of Kaynes Technology India Limited are subject to a Lock-Up Agreement Ending on 21-MAR-2024. | CI |
| Feb. 19 | Kaynes Technology India Forms Unit for Mechatronics Business | MT |
Valuation
| Fiscal Period: March | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| Capitalization 1 | 55,980 | 221,220 | - | - |
| Enterprise Value (EV) 1 | 55,980 | 183,569 | 212,428 | 207,407 |
| P/E ratio | - | 95 x | 80.1 x | 55.9 x |
| Yield | - | 0.14% | - | 0.08% |
| Capitalization / Revenue | 4.97 x | 10.2 x | 7.89 x | 5.53 x |
| EV / Revenue | 4.97 x | 10.2 x | 7.58 x | 5.19 x |
| EV / EBITDA | 33.3 x | 72.2 x | 51.7 x | 35.9 x |
| EV / FCF | -55.9 x | -101 x | -1,161 x | 281 x |
| FCF Yield | -1.79% | -0.99% | -0.09% | 0.36% |
| Price to Book | 5.84 x | 10.9 x | 7.91 x | 7.16 x |
| Nbr of stocks (in thousands) | 58,142 | 63,918 | - | - |
| Reference price 2 | 962.8 | 3,461 | 3,461 | 3,461 |
| Announcement Date | 5/16/23 | 5/16/24 | - | - |
1INR in Million2INR
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: March | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| Net sales 1 | 11,261 | 18,046 | 28,043 | 39,977 |
| EBITDA 1 | 1,683 | 2,542 | 4,106 | 5,783 |
| EBIT 1 | - | 2,849 | 3,404 | 4,836 |
| Operating Margin | - | 15.79% | 12.14% | 12.1% |
| Earnings before Tax (EBT) 1 | - | 2,316 | 3,533 | 5,041 |
| Net income 1 | - | 1,833 | 2,729 | 3,928 |
| Net margin | - | 10.16% | 9.73% | 9.83% |
| EPS 2 | - | 30.24 | 43.24 | 61.91 |
| Free Cash Flow 1 | -1,001 | -2,045 | -183 | 737.5 |
| FCF margin | -8.89% | -11.61% | -0.65% | 1.84% |
| FCF Conversion (EBITDA) | - | - | - | 12.75% |
| FCF Conversion (Net income) | - | - | - | 18.78% |
| Dividend per Share 2 | - | 5.000 | - | 2.667 |
| Announcement Date | 5/16/23 | 5/16/24 | - | - |
1INR in Million2INR
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: March | 2023 Q3 | 2024 Q1 | 2024 Q2 | 2024 Q3 | 2024 Q4 | 2025 Q1 | 2025 Q2 | 2025 Q3 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 2,891 | 2,972 | 3,608 | 5,093 | 5,972 | 4,366 | 5,294 | 7,774 |
| EBITDA 1 | - | 402.6 | 488 | 698.8 | 878.4 | 501 | 661 | 1,123 |
| EBIT 1 | - | - | 422.6 | 639.1 | 828 | 422 | 582 | 1,043 |
| Operating Margin | - | - | 11.71% | 12.55% | 13.86% | 9.67% | 10.99% | 13.42% |
| Earnings before Tax (EBT) 1 | - | - | - | 584.9 | 783.5 | 393 | 553 | 1,014 |
| Net income 1 | 228.7 | - | 323.1 | 451.9 | 629.7 | 310 | 437 | 801 |
| Net margin | 7.91% | - | 8.95% | 8.87% | 10.54% | 7.1% | 8.25% | 10.3% |
| EPS 2 | - | - | 5.550 | 7.490 | 8.767 | 4.900 | 6.800 | 12.50 |
| Dividend per Share | - | - | - | - | - | - | - | - |
| Announcement Date | 1/31/23 | 7/31/23 | 10/31/23 | 1/30/24 | - | - | - | - |
1INR in Million2INR
Estimates
Balance Sheet Analysis
| Fiscal Period: March | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| Net Debt 1 | - | - | - | - |
| Net Cash position 1 | - | 14,161 | 8,793 | 13,814 |
| Leverage (Debt/EBITDA) | - | - | - | - |
| Free Cash Flow 1 | -1,001 | -2,045 | -183 | 738 |
| ROE (net income / shareholders' equity) | 16.4% | 11% | 11.4% | 14.3% |
| ROA (Net income/ Total Assets) | - | 9.4% | 7.76% | 11.4% |
| Assets 1 | - | 17,457 | 35,159 | 34,423 |
| Book Value Per Share 2 | 165.0 | 317.0 | 438.0 | 484.0 |
| Cash Flow per Share 2 | - | 15.20 | 29.40 | 64.10 |
| Capex 1 | 581 | 2,938 | 2,801 | 5,748 |
| Capex / Sales | 5.16% | 16.68% | 9.99% | 14.38% |
| Announcement Date | 5/16/23 | 5/16/24 | - | - |
1INR in Million2INR
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
Sell
Buy
Mean consensus
OUTPERFORM
Number of Analysts
19
Last Close Price
3,461
INR
Average target price
3,404
INR
Spread / Average Target
-1.63%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| +27.78% | 2.66B | |
| +17.34% | 111B | |
| -0.91% | 30.11B | |
| +12.05% | 22.24B | |
| -8.31% | 19.41B | |
| -9.69% | 16.61B | |
| +19.63% | 16.81B | |
| +2.99% | 12.6B | |
| +1.01% | 11.1B | |
| +14.89% | 8.65B |
- Stock Market
- Equities
- KAYNES Stock
- Financials Kaynes Technology India Limited
