FilingReader Intelligence

Kaynes Technology reports strong Q2 FY26 performance, strategic expansions

November 4, 2025 at 06:29 PM UTCBy FilingReader AI

Kaynes Technology India Limited announced strong unaudited standalone and consolidated financial results for the quarter and half-year ended September 30, 2025. Consolidated revenue for Q2 FY26 grew by 58% year-over-year to INR 9,062 million, with EBITDA increasing by 80% to INR 1,480 million, and PAT rising by 102% to INR 1,214 million. The company's order book expanded to INR 80,994 million as of September 30, 2025.

Strategic initiatives include backward integration into PCB and OSAT through new facilities in Chamarajanagar (350K sq ft built-up area) and Hyderabad (70K sq ft, 1 SMT line, 29 plastic injection machines). The Sanand facility for Kaynes Semicon now spans 3,282 sq ft for Plant 1 and 241K sq ft for Plant 2, with a Phase 2 expansion of 236K sq ft underway. Kaynes Circuits in Chennai will have 5 million sq ft of PCB manufacturing capacity.

The company's utilization of funds from Qualified Institutional Placements (December 21, 2023, and June 24, 2025) shows no deviations or variations. Total funds raised were ₹13,999,998,648.00 and ₹15,999,992,766.00, respectively, with unutilized amounts temporarily invested in scheduled commercial banks. Acquisitions of August Electronics Inc. (Canada), Tranzmeo IT Solutions Pvt Ltd, and Sensonic GmbH (Austria) further solidify Kaynes' global reach and technological capabilities.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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