Rs 6,596.9 Crore Order Book: Electronics Manufacturing Company Reports 60 Per Cent Profit Growth and EBITDA Grew by 76 Per Cent

The stock has given multibagger returns of 122 per cent from its 52-week low of Rs 2,814.

Kaynes Technologies reported strong financial performance for the financial year ended March 2025, with consolidated revenue rising by 51 per cent year-on-year (YoY) to Rs 2,721.8 crore. The company posted a profit after tax (PAT) of Rs 293.4 crore, marking a 60 per cent increase over the previous year. EBITDA (excluding other income) stood at Rs 410.7 crore, growing 62 per cent YoY, with margins improving to 15.1 per cent. The robust financials were complemented by a 60 per cent increase in its order book, which rose to Rs 6,596.9 crore as of March 31, 2025, compared to Rs 4,115.2 crore a year earlier.

For the quarter ending March 2025 (Q4 FY25), the company reported revenue of Rs 984.5 crore, up 54 per cent YoY. EBITDA for the quarter rose 76 per cent to Rs 167.9 crore, with margins at 17.1 per cent. Quarterly PAT came in at Rs 116.2 crore, up 43 per cent, and PAT margin improved to 11.8 per cent.

The revenue mix for FY2025 was dominated by the Industrial (including EV) segment, contributing 55 per cent, followed by Automotive at 26 per cent. Railways accounted for 8 per cent, Medical 7 per cent, Aerospace and Strategic Electronics 2 per cent, while the remaining 2 per cent came from IoT, IT, and other segments. With a net debt-to-equity ratio of 0.2, the company maintained financial discipline while delivering strong return ratios—ROCE stood at 19.2 per cent and ROE at 19.4 per cent.

Shares of Kaynes Technologies were trading at Rs 6,395, up 1.55 per cent as of 12:30 PM on May 16, 2025, following the release of its Q4 and annual results. The company, which is often tracked in the mid-cap segment, continues to attract attention for its consistent growth, potentially drawing interest from investors seeking multibagger opportunities in electronics manufacturing services.

Commenting on the outlook, Managing Director and Promoter Mr. Ramesh Kunhikannan said the company aims to sustain profitable growth and enhance operational efficiencies. He highlighted the strategic acquisition of August Electronics in Canada, which has expanded Kaynes' footprint in North America and added high-margin clients. This move strengthens the India-Canada manufacturing alliance and positions Kaynes as a viable alternative to China-based sourcing. The company plans to expand further through a mix of organic growth and strategic acquisitions. The stock has given multibagger returns of 122 per cent from its 52-week low of Rs 2,814.

Disclaimer: The article is for informational purposes only and not investment advice.