Kaynes Technology India Limited reported a strong performance for the fiscal year 2026, achieving a revenue of ₹36,264 million, representing a 33% year-on-year growth. The company’s EBITDA rose by 40% to ₹5,741 million, while its order book saw a significant expansion, reaching ₹83,663 million. This growth is driven by a diversified product portfolio and strategic advancements into OSAT and HDI PCB manufacturing sectors to solidify its position as an integrated electronics player.
Financial Performance Overview
For the fiscal year ended March 31, 2026, the company demonstrated robust financial health. Consolidated revenue reached ₹36,264 million, marking a substantial 33% increase compared to the previous year. Profit After Tax (PAT) grew by 24% to reach ₹3,639 million. The company maintained an EBITDA margin of 15.8%, reflecting an improvement of 70 basis points year-on-year, despite significant investments in scaling production capabilities.
Operational Highlights and Order Book
The company’s order book remains a key pillar of its growth strategy, climbing to ₹83,663 million, a considerable increase from the ₹65,969 million reported in March 2025. This strong demand is supported by a highly diversified vertical mix, with Automotive and Industrial (including EV) sectors accounting for a major portion of revenues at 25% and 55% respectively.
Strategic Expansion and Technological Advancements
Kaynes Technology is actively evolving its business model through deep vertical integration. A major highlight is the commissioning of its Sanand OSAT (Assembly, Testing, and Packaging) facility, which has already successfully launched India’s first commercial Multi-chip module. Furthermore, the company is scaling its HDI PCB manufacturing capacities in Chennai, with a target to support high-growth sectors such as telecom, medical, and smart devices. With 22 advanced manufacturing and design facilities operational, the company is well-positioned to meet variable demand across global markets.
Future Outlook
Looking ahead, the company continues to focus on a design-led manufacturing approach, with investments in Gallium Nitride technology and AR/VR solutions. With plans to operationalize new PCB units and expand its Hyderabad facility by mid-2026, management remains committed to providing comprehensive, integrated solutions across the entire ESDM spectrum, thereby accelerating time-to-market for its global customer base.
Source: BSE
