Financial Performance Highlights
Kaynes Technology India Limited reported strong financial results for FY 2025-26 with consolidated revenue of ₹36,263.54 million, representing 33% year-over-year growth from ₹27,217.52 million. Profit after tax increased by 24% to ₹3,639 million from ₹2,934 million, while EBITDA reached ₹5,741 million at a 15.8% margin (70 bps expansion). The company maintained a robust order book of ₹83,663 million as of March 31, 2026. Standalone performance showed revenue of ₹21,278.18 million and profit after tax of ₹2,541.06 million.
Annual General Meeting Details
The 18th Annual General Meeting will be held on September 17, 2026, at 4:00 PM IST via video conference. Key agenda items include adoption of financial statements, reappointment of directors (Mrs. Savitha Ramesh, Mr. Jairam Paravastu Sampath, Mr. Alexander Koshy, and Mrs. Poornima Ranganath), appointment of Walker Chandiok & Co LLP as statutory auditors for 5 years, and approval for increased investment limits up to ₹7,000 crores under Section 186. Remote e-voting will be available from September 14-16, 2026, through CDSL.
Business Developments and Expansion
Key operational achievements include the operationalization of the Sanand OSAT facility, which delivered India's first commercial Multi-Chip Modules and received Financial Support Agreement approval under the India Semiconductor Mission with 70% capital subsidies. The Chennai HDI PCB plant is nearing completion with capability to produce complex boards up to 74 layers, expected to commence commercial production in Q3 FY2026-27. The company completed strategic acquisitions including August Electronics (Canada) and increased stake in Sensonic GmbH (Austria) to 61%, strengthening international presence and rail safety capabilities.
ESG and Sustainability Reporting
The company published its Business Responsibility and Sustainability Report (BRSR) for FY 2025-26, detailing comprehensive ESG initiatives across environmental protection, employee welfare, and governance. Key metrics include total energy consumption of 49,066.95 GJ (19.7% renewable), water withdrawal of 76,677.65 KL, and greenhouse gas emissions of 6,979.80 MT CO2e. The report also disclosed a ₹2.34 million settlement with SEBI for insider trading violations while maintaining strong anti-corruption measures and 100% sustainable sourcing of inputs.
Corporate Governance and Compliance
The Board consisted of 8 members (4 Executive, 4 Independent) with key changes including Mr. Ramesh Kunhikannan's re-designation to Executive Vice-Chairman and Dr. Muthukumar Narayanaswamy's appointment as Managing Director. Auditors issued unmodified opinions on financial statements but noted three subsidiaries lacked CARO reports. The company maintained adequate internal financial controls and compliance with Companies Act 2013 and SEBI Listing Regulations. No dividend was recommended for FY25-26 as the company focuses on growth investments and working capital optimization.
Subsidiaries and Capital Structure
The consolidated financial statements include 19 subsidiaries with significant acquisitions during the year. Paid-up capital increased to ₹67,03,46,540 through QIP issuance (28,72,788 shares) and ESOP allotment (77,561 shares). Promoter holding stands at 53.43% held by Mr. Ramesh Kunhikannan. The company implemented comprehensive risk management strategies addressing supply chain disruptions, geopolitical volatility, and technological obsolescence through backward integration and diversification measures.