Overall Fundamental outlook

Business Operations:

Sector: Industrials
Industry: Specialty Industrial Machinery

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
Revenue projections for KAYNES

KAYNES is projected to see a decline in revenue compared to last year, which could lead to investor caution. A drop in earnings is often viewed as a negative signal for profitability, making it more difficult for the company to maintain investor confidence in its financial health.

Financial Ratios:

currentRatio 1.59500
forwardPE 60.85426
debtToEquity 31.74800
earningsGrowth 0.38900
revenueGrowth 0.54500
grossMargins 0.30203
operatingMargins 0.15330
trailingEps 45.43000
forwardEps 69.55000

With a current ratio of 1.595, 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's forward PE ratio is too high, which may hinder future price growth and increase the risk of a price correction. Investors should carefully evaluate this metric along with other key financial indicators to get a full picture of the stock's potential.
Positive earnings and revenue growth for KAYNES suggest that the company is positioned for business expansion. The company's strong financial performance indicates sustained growth, as increasing sales and profits fuel its future success.
With a forward EPS greater than its trailing EPS, KAYNES is expected to see higher profitability this year. The forecasted increase in earnings reflects optimism about the company's financial growth and potential for improved performance over the prior year.

Price projections:

Price projections for KAYNES
Price projections for KAYNES

The steady upward revision of KAYNES's price projections indicates growing confidence in the company's future. Analysts are increasingly optimistic about KAYNES's potential to deliver strong results and increased market value.

Recommendation changes over time:

Recommendations trend for KAYNES
Recommendations trend for KAYNES


Analysts have shown a buy bias for KAYNES, signaling it as a strong investment choice. This positive outlook could motivate investors to allocate funds to KAYNES, seeing it as a reliable and potentially profitable option, especially in an environment where the stock market is highly scrutinized.