Kaynes Technology India Limited operates as an end-to-end and IoT solutions-enabled integrated electronics manufacturer in India and internationally. It provides conceptual design, process engineering, integrated manufacturing, and life cycle support for various industries including automotive, industrial, aerospace and defence, outer-space, nuclear, medical, railways, internet of things, information technology, and other industries. Kaynes Technology India Limited was founded in 1988 and is based in Mysore, India.
Revenue projections:
Revenue projections for KAYNES Investors may be wary of Kaynes Technology India Limited as its revenues are expected to fall below the prior year's levels. A revenue decrease often leads to concerns about profitability, as it is likely to affect the company's bottom line, prompting investors to take a more cautious approach.
Financial Ratios:
currentRatio
2.092000
forwardPE
35.578278
debtToEquity
18.899000
earningsGrowth
0.991000
revenueGrowth
0.584000
grossMargins
0.338470
operatingMargins
0.144970
trailingEps
58.460000
forwardEps
94.979300
With a current ratio of 2.092, KAYNES has the liquidity needed to easily service its short-term debt. The company's cash reserves and current assets are sufficient, indicating that KAYNES is in a strong position to meet its immediate financial obligations without difficulty. Kaynes Technology India Limited's low Debt-to-Equity ratio means it is not excessively leveraged, implying a reduced financial risk profile. This suggests Kaynes Technology India Limited maintains a well-balanced financial structure, with more emphasis on equity than debt, ensuring greater flexibility and long-term stability. KAYNES's positive earnings and revenue growth indicate that the company is well-positioned for business expansion. This growth suggests a strong financial trajectory, with KAYNES expected to continue increasing its profits and revenue in the coming periods. Kaynes Technology India Limited's forward EPS being higher than its trailing EPS points to expected growth in profitability. This suggests that the company is projected to perform better in the current financial year, with higher earnings forecasted compared to the previous year.
Price projections:
Price projections for KAYNES KAYNES's price has consistently remained near the lower edge of projections, suggesting that it is not fully meeting market expectations. This could indicate a need for improved performance or strategies to boost investor confidence.
Recommendation changes over time:
Recommendations trend for KAYNES
Analysts have maintained a buy bias for Kaynes Technology India Limited, which could prompt investors to consider the stock as a viable investment. With this positive outlook, Kaynes Technology India Limited is positioned as an attractive option for those looking to park their money in a stable and potentially lucrative company.
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