Kaynes Technology India Limited has reported strong audited financial results for the year ended March 31, 2026. The company achieved consolidated annual revenue of ₹37,831.84 million and a net profit of ₹3,638.90 million. Alongside its financial performance, the company announced strategic leadership reappointments and the addition of two new non-executive independent directors to its board, reflecting its commitment to long-term governance and growth.
Financial Performance for FY 2025-26
The company delivered robust growth for the fiscal year ending March 31, 2026. On a consolidated basis, Kaynes Technology reported total income of ₹37,831.84 million compared to ₹28,287.15 million in the previous year. Net profit for the period climbed to ₹3,638.90 million, demonstrating a significant increase from the ₹2,934.33 million recorded in the previous fiscal year. Basic earnings per share (EPS) for the year stood at ₹54.85.
Strategic Leadership Updates
The Board of Directors has approved several key appointments to strengthen the leadership team. Mr. Alexander Koshy and Ms. Poornima Ranganath have been reappointed as Independent Directors for their second terms of five years, effective February 21, 2027, and March 31, 2027, respectively. Additionally, Mr. Jairam Paravastu Sampath has been reappointed as a Whole-time Director for a five-year term starting April 1, 2027.
Expansion of the Board
The company has expanded its board with the addition of two highly experienced professionals. Mr. Rajesh Balkrishna Mittal, an automotive leader with over 41 years of industry experience, and Mr. Annadurai Mylswamy, a renowned former ISRO scientist and key figure behind the Chandrayaan missions, have been appointed as Additional Directors in the category of Non-Executive Independent Directors, effective May 13, 2026.
Operational Highlights
During the fiscal year, the company actively executed its growth strategy, including the acquisition of a 76% stake in Aerocaliph Components Private Limited and Cryo Precision Technologies Private Limited. These entities are expected to further bolster the company’s presence in the Electronics System Design and Manufacturing (ESDM) segment. Furthermore, the company continues to prudently utilize funds raised from its QIP issuances to advance key infrastructure projects, including the establishment of new OSAT and PCB facilities.
Source: BSE