Kaynes Technology India Limited — Investor Meet, 05-08-2025: Analysts/Institutional Investor Meet/Con. Call Updates

Kaynes Technology's Q1 FY26 saw revenue jump 34% YoY to INR 673.5 Cr, with EBITDA soaring 69% to INR 113 Cr (16.8% margin), and PAT up 47% to INR 74.6 Cr. The order book expanded to INR 7,401.1 Cr. Management reaffirms its FY26 revenue guidance, expecting EBITDA margins to exceed 15.6% due to improved gross margins and operating leverage. Key initiatives include the shift to integrated ESDM, international growth via August Electronics, and vertical integration with new OSAT (operational by Dec '25) and HDI PCB (Jan '26) facilities. They anticipate positive operating cash flow, targeting sub-70 net working capital days by year-end.