Kaynes Technology India's Q1 FY 2026-27 Quarterly Results

Result Summary

• Kaynes Technology India Ltd reported a 25.2% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Jun (Q1 FY 2026-27). On a year-on-year (YoY) basis, it witnessed a growth of 37.1%.
• Its expenses for the quarter were down by 23.7% QoQ and up 44.4% YoY.
• The net profit decreased 38.1% QoQ and decreased 24.4% YoY.
• The earnings per share (EPS) of Kaynes Technology India Ltd stood at 8.36 during Q1 FY 2026-27.

Financial Statments for Q1 FY 2026-27

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Kaynes Technology India Ltd is a prominent player in the electronics manufacturing services (EMS) industry. The company is involved in designing, manufacturing, and testing electronic systems and sub-systems. It caters to various sectors, including automotive, aerospace, defense, industrial, and healthcare. As a leading EMS provider, Kaynes Technology offers a range of services from printed circuit board assembly to full system integration. The company has carved a niche for itself by focusing on quality, reliability, and customer satisfaction. It continually invests in state-of-the-art manufacturing facilities and cutting-edge technology to maintain its competitive edge. However, specific recent developments or strategic initiatives are not available based on the current data.

Revenue

The total income for Kaynes Technology in Q1FY27 was ₹960.45 crores, a decrease from ₹1,284.50 crores in Q4FY26, reflecting a quarter-over-quarter (QoQ) decline of 25.2%. When compared to Q1FY26, where the total income was ₹700.56 crores, there is a year-over-year (YoY) increase of 37.1%. This fluctuation highlights a significant revenue swing within the fiscal year, showing an upward trend when compared annually, while displaying a downward trend sequentially from the previous quarter.

Profitability

In Q1FY27, Kaynes Technology reported a profit before tax of ₹87.88 crores, down from ₹140.23 crores in Q4FY26, marking a QoQ decline of 37.3%. Compared to the profit before tax of ₹96.09 crores in Q1FY26, this reflects a YoY decrease of 8.5%. The profit after tax for Q1FY27 was ₹56.43 crores, compared to ₹91.22 crores in Q4FY26 and ₹74.61 crores in Q1FY26, resulting in a QoQ decrease of 38.1% and a YoY decline of 24.4%. This trend is also reflected in the earnings per share, which decreased from ₹13.23 in Q4FY26 to ₹8.36 in Q1FY27 and from ₹11.52 in Q1FY26, representing a QoQ decline of 36.8% and a YoY drop of 27.4%.

Operating Metrics

Total expenses for Kaynes Technology in Q1FY27 stood at ₹872.58 crores, which is a decrease from ₹1,144.22 crores in Q4FY26, showing a QoQ reduction of 23.7%. However, when compared to Q1FY26, with total expenses of ₹604.48 crores, there is a YoY increase of 44.4%. The tax expense for Q1FY27 was ₹31.45 crores, compared to ₹49.01 crores in Q4FY26 and ₹21.48 crores in Q1FY26, marking a QoQ decrease of 35.8% and a YoY increase of 46.4%. These metrics indicate changes in cost management and tax liabilities over the different fiscal periods, contributing to the overall financial performance of the company.