Kaynes Technology India Ltd. · NSE:KAYNES
Kaynes Technology India — Q4 FY26 Earnings Presentation
31 slides from Kaynes Technology India's earnings presentation, May 13, 2026
Slide 1: Exchange intimation letter: Investors/Earnings Presentation
May 13, 2026 BSE Limited National Stock Exchange of India Limited Corporate Relationship Dept., Exchange Plaza, Plot no. C/1, G Block, 14th floor, P. J. Tower, Bandra-Kurla Complex, Dalal Street, Fort Bandra (E), Mumbai - 400 001 Mumbai - 400 051 Scrip Code – 543664 Scrip Symbol – KAYNES Dear Sir/Ma
Slide 2: Kaynes Technology India Limited Investor Presentation May 2026
Kaynes Technology India Limited Investor Presentation | May 2026
Slide 3: Disclaimer
Disclaimer This presentation has been prepared by Kaynes Technology India Limited (“Company") solely for information purposes without any regard to any specific objectives, financial situations or informational needs of any particular person. This presentation may not be copied, distributed or disse
Slide 4: Financial Highlights
r) Financial Highlights
Slide 5: FY26 Results Snapshot (Consolidated)
FY26 Results Snapshot (Consolidated) ₹ 47,271 mn ₹ 36,264 mn ₹ 5,741 mn 15.8% Networth Revenue EBITDA EBITDA Margin ₹ 28,373 mn as of Mar-25 33% YoY 40% YoY 70 bps YoY ₹ 3,639 mn 10.0% ₹ 2,074 mn ₹ 83,663 mn Profit After Tax PAT Margin Net Debt 24% YoY Order Book -80 bps YoY ₹ 5,813 mn as of Mar-25
Slide 6: Q4FY26 Results Snapshot (Consolidated)
Q4FY26 Results Snapshot (Consolidated) ₹ 12,426 mn ₹ 1,937 mn 15.6% Revenue EBITDA EBITDA Margin 26% YoY 15% YoY -150 bps YoY ₹912 mn 7.3% ₹409 mn Profit After Tax PAT Margin Finance Cost -21% YoY -450 bps YoY 39% YoY 5
Slide 7: Consistent quarterly financial performance – Q4FY26
Consistent quarterly financial performance – Q4FY26 Revenue (₹ Mn) Gross Margins (%) 12,426 9,845 41.3% 9,062 32.1% 33.6% 34.5% 8,040 31.7% 6,735 Q4 FY25 Q1 FY26 Q2 FY26 Q3 FY26 Q4 FY26 Q4 FY25 Q1 FY26 Q2 FY26 Q3 FY26 Q4 FY26 EBITDA Margin (%) PAT Margin (%) 17.1% 13.4% 16.8% 16.3% 11.8% 11.1% 9.5%
Slide 8: Diversified Revenue Mix
Diversified Revenue Mix FY26 Revenue across verticals FY25 Automotive Automotive 10% 8% Industrial incl EV 2% 7% Industrial incl EV 2% 6% 25% 1% 26% 2% Aerospace, Outer-space & Aerospace, Outer-space & Strategic Electronics Strategic Electronics Medical Medical Railways Railways 55% 55% IoT / IT, Co
Slide 9: Annual financial performance
Annual financial performance Gross Block (₹ Mn) Asset Turnover ratio (x) 17910 3 2 7895 FY25 FY26 FY25 FY26 Net Debt/Equity (x) Networth (₹ Mn) 47,271 0.2 28,373 0.0 FY25 FY26 FY25 FY26 Note: Asset Turnover Ratio is annualized 8
Slide 10: Annual financial performance
Annual financial performance Net Working Capital Days Inventory Days 125 91 97 87 FY25 FY26 FY25 FY26 Receivable Days Payable Days 134 106 84 88 FY25 FY26 FY25 FY26 9
Slide 11: Q4 and FY26 Profit & Loss Statement (Consolidated)
Q4 and FY26 Profit & Loss Statement (Consolidated) Particulars (₹ Mn) Q4 FY25 Q4 FY26 YoY FY25 FY26 YoY Revenue from operations 9,845 12,426 26.2% 27,218 36,264 33.2% Raw material cost 6,687 8,485 26.9% 18,997 23,719 24.9% Employee expenses 466 908 94.7% 1,781 3,136 76.1% Other expenses 1,014 1,097
Slide 12: Profit & Loss Statements (Consolidated)
Profit & Loss Statements (Consolidated) Particulars (₹ Mn) FY24 FY25 FY26 Revenue from operations 18,046 27,218 36,264 Raw material cost 13,299 18,997 23,719 Employee expenses 1,028 1,781 3,136 Other expenses 1,178 2,333 3,669 EBITDA 2,542 4,107 5,741 EBITDA margin (%) 14.1% 15.1% 15.8% Depreciation
Slide 13: Balance Sheets (Consolidated)
Balance Sheets (Consolidated) Particulars (₹ Mn) FY24 FY25 FY26 Gross Block (tangible assets) 3,276 6,263 13,320 Accumulated Depreciation 682 1,218 2,223 Net Block (tangible assets) 2,594 5,045 11,097 Intangible assets 620 2,381 5,364 Other non-current assets 3,571 12,154 14,006 Total non-current as
Slide 14: Cash Flow Statements (Consolidated)
Cash Flow Statements (Consolidated) Particulars (₹ Mn) FY24 FY25 FY26 Cash flow from operating activities Profit before tax 2,316 3,716 5,043 Adjustment for non-operating items 401 626 1,674 Operating profit before working capital changes 2,717 4,343 6,717 (Increase)/ decrease in inventories -1,352
Slide 15: Company Overview
r) Company Overview
Slide 16: Company Overview
Company Overview Close to four decades of experience in providing conceptual design, process engineering, integrated manufacturing and life-cycle support to OEMs Leading integrated and IoT enabled solutions provider, having capabilities across the entire spectrum of ESDM1,2 Caters to multiple indust
Slide 17: Leading integrated Electronics player in India
Leading integrated Electronics player in India With backward integration into PCB and vertical integration in OSAT Well Positioned to Better involvement in deliver the larger electronics comprehensive and supply chain, integrated solutions spanning across wafer to customers to end user product Print
Slide 18: Diversified product portfolio
Diversified product portfolio Aerospace, Outerspace & IOT/IT, Cons and others Automotive Industrial & EV Railways Medical Strategic electronics Cluster PCBA Engine Control Panel UM71 - Receiver Endoscopy cart & ICP HH Sonar Bar Code Scanner & sensor module RFID gateway LED Headlamp/Tail X-ray & Dent
Slide 19: Marquee customer base
Marquee customer base Industry Industrial Railways Automotive Medical Aerospace+ Others1 IoT / IT and others Leading global mfg of Key Customers electronic instruments and electromechanical devices Low customer concentration FY26 Strong order book INR Mn 76% 70% 83,663 60% 65,969 46% Top 5 Top 10 To
Slide 20: R&D & Engineering, Certifications and Supply Chain
R&D & Engineering, Certifications and Supply Chain Focused on development of Dedicated research facility Operations complying with Facilities approved by new products and at Mysore, Bangaluru & global standards with 13 global certifications improvement existing Ahmedabad with a 200+ global accredita
Slide 21: Capacity for Manufacturing at Local & Global Scale
Capacity for Manufacturing at Local & Global Scale Augmented by Technical Capabilities Kathua, Jammu Manesar, Haryana - Unit 1 CANADA Parwanoo, Himachal Pradesh Manesar, Haryana - Unit 2 August Electronics Pune, Maharashtra USA Sanand, Gujarat Digicom Ahmedabad, Gujarat Navi Mumbai, Maharashtra Hyde
Slide 22: Kaynes Expansion – Chamarajanagar
Kaynes Expansion – Chamarajanagar • Built-up area of ~ 350K sq ft • Well supported by ancillary facilities of existing units / expansion plans • Phase-I: Alpha & Beta Ready (~100K sq ft) • Phase-II: • Gamma ready for operations i.e. ~240,000 Sq feet • Clean Room of Class 10K • Wire Bonding • Box Bui
Slide 23: Kaynes Expansion – Hyderabad
Kaynes Expansion – Hyderabad • Location: Kongara Kalan (Near Hyderabad Airport) • Total Plant Area: 70K SFT • SMT Lines -1 Number • Plastic Injection Machines- 29 NOS (80 -350 TON) • Upcoming new plant 150K SFT
Slide 24: Backward integration – OSAT & HDI PCB subsidiaries
Backward integration – OSAT & HDI PCB subsidiaries
Slide 25: Kaynes Semicon – Sanand
Kaynes Semicon – Sanand • Built-up area Unit 1 – Plant 1 area of ~ 2,1000 Sq ft • Built up area Unit 1- Plant 2 area of ~ 241K Sq ft • Phase 2 Expansion- 236K Sq ft • Key Packages include: • Legacy packages: QFN, TO • Semi- Advance Packages: BGA, Flip Chip BGA • Advance Packages: 2D, 2.5D, 3 D along
Slide 26: Kaynes Circuits – Chennai
Kaynes Circuits – Chennai • 1. About 5 Million SQ MT of PCB Manufacturing Capacity in India • 2. Multi Layer PCB both Rigid and Rigid Flex (High Layer Count Printed Circuit Boards, of up to 74 layers). • 3. HDI PCB (High Density Interconnect Boards) • 4. Flexible PCB (up to 16 layers.) • Key Are
Slide 27: Industry Overview
r) Industry Overview
Slide 28: Industry Update (ESDM)
Industry Update (ESDM) Global ESDM Market Size (US $ BN) Global ESDM Segment CAGR from CY 2023 to CY 2027 (E) CAGR 5.2% Medical, 5.9% Mobile Phone, 4.4% 1,203 1,090 1,145 1,038 IT, 5.3% 984 880 928 Automotive, 6.0% Consumer Electronics & Appliances, 5.2% Industrial, 5.9% CY21 CY22 CY23 CY24 CY25 CY2
Slide 29: Industry Update (PCBA)
Industry Update (PCBA) Global PCBA Industry Market Size (US $ BN) Global PCBA Market Share by Industry CAGR 4.4% Automotive 4.4% 710 740 680 Medical 5.3% 620 650 580 600 590 540 560 IT and 525 Consumer Peripherals 32% Electronics & Power and Energy Telecom/Mobile 10% Lighting 5.9% CY16 CY17 CY18 CY1
Slide 30: Industry Update (3/3)
Industry Update (3/3) Global PCB Industry Market Size (US $ bn)1 Global OSAT Industry Market Size (US $ bn) CAGR 6.3% CAGR 7.9% 113.49 99.37 71.57 46.5 50.18 2024 2032 2025 2026 2035 • Demand driven by key factors such as growth in consumer electronics, industrial automation, • While the Asia-Pacifi
Slide 31: Thank You
COMPANY : Kaynes Technology India Limited CIN: L29128KA2008PLC045825 Name: Mr. Jairam P Sampath Whole-time Director & Chief Financial Officer Email: ir@kaynestechnology.net Website: www.kaynestechnology.co.in INVESTOR RELATIONS ADVISORS : MUFG Intime India Private Limited A part of MUFG Corporate Ma
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