Kaynes Technology Live Share Price Today, Share Analysis and Chart

About the company - Business Profile

Kaynes Technology India Limited is an end-to-end and Internet of Things (IoT) solutions-enabled integrated electronics manufacturing company. With over 37 years of operational history, it provides conceptual design, process engineering, integrated manufacturing, and life-cycle support for players in the automotive, industrial, aerospace and defence, outer-space, nuclear, medical, railways, and IoT sectors. The company operates 16 manufacturing facilities across India and has recently expanded its global footprint through strategic acquisitions in North America and Europe.

Key Points

• Key Facts: Founded in 1988 (over three decades of experience), the company is headquartered in Mysore, Karnataka. It is listed on both the National Stock Exchange (NSE: KAYNES) and Bombay Stock Exchange (BSE: 543664).
• Operations and Resources: As of FY25, the company operates 16 manufacturing units and 2 service centres across India, including locations in Mysore, Bengaluru, Chennai, Pune, Manesar, and Parwanoo. It also operates 6 R&D centres and employs a 200+ member R&D and engineering team.
• Market Significance: Kaynes serves as a critical partner for high-reliability applications, notably participating in the soft landing of Chandrayaan-3 and the launch of the Aditya-L1 mission. It maintains a diversified vertical presence to mitigate sector-specific risks.
• Business Model and Core Competencies: The company follows an integrated electronics system design and manufacturing (ESDM) model. It excels in low-volume, high-complexity manufacturing for mission-critical applications. Core competencies include Printed Circuit Board Assembly (PCBA), Box Build (Full Product Assembly), and Original Design Manufacturing (ODM) services.
• Revenue Breakdown (FY25 Annual):
  • By Business Segment:
    • OEM - Turnkey - PCBA: 55%
    • OEM - Turnkey - Box Build: 39%
    • ODM & Product Engineering and IoT solutions: 6%
  • By Vertical:
    • Industrial including EV: 26%
    • Automotive: 18%
    • Aerospace & Strategic Electronics: 16%
    • Medical: 8%
    • Railways: 7%
    • IoT/IT, Consumer and Others: 25%
  • By Geography:
    • India: 91%
    • North America: 4%
    • Europe: 1%
    • Southeast Asia: 1%
    • Others: 3%
• Key Products and Technological Advancements:
  • Mission Critical: ETCS cubicles for railways, protein and clinical chemistry analyzers for medical, and satellite sub-assemblies.
  • Automotive: LED headlamp/tail lamp PCBA, sensor units, and Electronic Control Units (ECUs).
  • Industrial: Smart energy meters, PLC and Asset Condition Monitoring gateways.
  • Strategic Initiatives: The company is currently undergoing backward integration by establishing a captive High-Density Interconnect (HDI) PCB facility and an Outsourced Semiconductor Assembly and Test (OSAT) facility to manage costs and turnaround times.
• Clients and Partnerships: Maintains long-standing relationships with global OEMs such as Siemens, Hitachi, CDAC, and Tonbo Imaging. The average business relationship with the top 10 customers across verticals ranges between 7 to 10 years.
• Employee Metrics: Total permanent employee count stood at 6,199 as of FY25, with 2,760 employees onboarded during that financial year. The reported attrition rate for FY25 was 12.5%.
• Future Outlook: The company reported a strong order book of ₹90,722 million as of Q3 FY26, a significant increase from ₹65,969 million at the end of FY25. Strategic growth is focused on expanding semiconductor capabilities and increasing export contributions.

References

1. Investor Presentation Nov 2025
2. Investor Presentation Feb 2026
3. Annual Report May 2025
4. Annual Report May 2024