Kaynes Technology India Limited (KAYNES) Earnings Call Transcripts

Kaynes Technology India Limited's Latest Earnings Call - Q4 FY2026

In Q4 FY '26, Kaynes Technology India Limited reported total revenue of INR 12,426 million, reflecting a year-on-year growth of 26%, while the full year revenue reached INR 3,626.4 crores, up 23.2% YoY. The company faced challenges in meeting market expectations due to geopolitical disruptions affecting project timelines, leading to a profit after tax of INR 912 million for the quarter and INR 3,639 million for the year. Management has signaled a commitment to improving execution capabilities and has indicated a focus on diversifying revenue streams, particularly in the OSAT and PCB segments, while maintaining a healthy order book of INR 9,000 crores.

Reported metrics

Guidance from management

Management has not provided specific revenue guidance for FY '27 due to market volatility but expressed confidence in outpacing market growth. They aim to improve execution capabilities and working capital management moving forward.

What management said

I think the intent behind committing those numbers in the last quarter saying that is, we have based on the product samples that have been approved. We entered and started our [Technical Difficulty] Sorry for the interruption. Can you hear me well?

The INR 600 crores by end of the third quarter will come to around -- we will try to work on the positive, but at least 70% to 80% of this will come down for sure. And by end of the year, we'll be positive. We have a very clear strategy quarter-on-quarter. I'm sure that the next earnings call when we are going to be together, because it's almost 40 days have gone in this quarter, and the team is working to put this i...

What analysts pressed on

Analysts expressed concerns regarding the significant variance between initial revenue guidance and actual results, particularly the negative operational cash flow of INR 600 crores. There were also questions about the sustainability of the metering business and the impact of working capital on future growth.

Main topics on the call

• Revenue Growth — Kaynes reported a total revenue of INR 3,626.4 crores for FY '26, marking a 23.2% increase YoY. For Q4 alone, revenue grew by 26%, indicating strong performance despite external challenges.
• Geopolitical Impact — Management noted that geopolitical disruptions, particularly in West Asia, led to customer deferments and supply chain delays. They stated, "these events created temporary uncertainty in execution timeline, even though t...
• Order Book Health — Kaynes maintains a robust order book of INR 9,000 crores, which is described as "healthy, diversified and noncancelable in nature," suggesting resilience despite recent challenges.
• Management Guidance — Management has refrained from providing specific revenue guidance for FY '27, citing market volatility and uncertainties. They emphasized their commitment to outpacing market growth, stating, "we will outgrow the market ...

Read the full Kaynes Technology India Limited transcript (Q4 FY2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 4 Kaynes Technology India Limited earnings call transcripts on record, spanning January 28, 2025 to August 8, 2026. Based on this history, Kaynes Technology India Limited reports semi-annually. The most recent call on file is dated August 8, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

KAYNES

Exchange

NSEI

Country

IN

Sector

Information Technology

Industry

Electronic Equipment, Instruments and Components

Calls on record

4

First call

January 28, 2025

Most recent

August 8, 2026

Reporting cadence

semi-annually