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 Technology India Limited's projected revenue decline from last year is likely to make investors cautious. Lower revenues often hurt a company's bottom line, leading investors to be concerned about the company's ability to maintain profitability and deliver strong financial results in the future.

Financial Ratios:

currentRatio 2.09200
forwardPE 52.05252
debtToEquity 18.89900
earningsGrowth 0.99100
revenueGrowth 0.58400
grossMargins 0.33847
operatingMargins 0.14497
trailingEps 58.41000
forwardEps 69.55000

KAYNES's current ratio being 2.092 suggests that the company has no issue servicing its short-term debt. Its strong liquidity position, supported by sufficient cash reserves and current assets, ensures that KAYNES can meet its financial obligations with ease.
Kaynes Technology India Limited's forward PE is too high, potentially limiting future gains and posing a risk of a price correction. This valuation must be carefully considered with other fundamental metrics to evaluate whether the stock is worth its current price.
KAYNES's low Debt-to-Equity ratio demonstrates that the company maintains a healthy balance between equity and debt, avoiding over-leverage. This suggests a low-risk financial profile, giving investors confidence in the company's stability and ability to manage its financial commitments.
With earnings and revenue growth in positive territory, Kaynes Technology India Limited is projected to expand its business. This strong financial performance suggests the company will continue to grow, as increased profitability and sales drive future success.
KAYNES'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
Price projections for KAYNES

The price of Kaynes Technology India Limited currently aligns with projections, offering no clear risks or opportunities. This situation suggests stability in the stock's performance, leading investors to await further developments before making strategic decisions.

Recommendation changes over time:

Recommendations trend for KAYNES
Recommendations trend for KAYNES


The recent buy bias from analysts suggests KAYNES is seen as a strong investment, encouraging more investors to consider it. With this favorable sentiment, KAYNES appears to be a reliable option for parking money, offering stability and long-term growth potential in the stock market.