Kaynes Technology Q4 FY26 Revenue Up 26% YoY

Kaynes Technology reported consolidated FY26 revenue of ₹3,626.4 Cr, up 33.2% YoY, with EBITDA of ₹574.1 Cr and PAT of ₹363.9 Cr.
Management acknowledged missing initial revenue guidance due to customer deferments from West Asia conflict and delays in government smart meter projects.
The company's core EMS business improved working capital days from 83 to 53, while smart meter subsidiary caused consolidated negative OCF of ₹600 Cr.
Kaynes outlined strategy to double market growth rates, ramp up OSAT/PCB facilities, and transition to product-driven revenue contributing 30% in coming years.