Kaynes Technology shares jump 11% following the company’s Q1 FY26 earnings call, where it reiterated its full-year revenue guidance and shared updates on key operational metrics.
The management maintained its FY26 revenue guidance of ₹4,500 crore. It also indicated that margins for the rest of the year are expected to remain at levels similar to Q1.
The company said it is working on a financial solution to address receivables related to the ₹350 crore smart meter order and expects resolution by the end of the first half of FY26. It also aims to bring down working capital days to 70–80 by the end of the fiscal year.
On the capex front, Kaynes reported that both its OSAT and PCB facilities are progressing as planned, with a possibility of the OSAT unit being operational earlier than scheduled. The company also guided for positive operating cash flow for FY26.
Kaynes Technology shares opened today at ₹5,590.00, compared to its previous close of ₹5,638.00. It touched a high of ₹6,277.00 and a low of ₹5,477.00 during intraday trade. The 52-week range stands between ₹3,825.15 and ₹7,822.00, indicating significant past volatility.
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