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Medical
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Electronics Manufacturing
IoT Solutions
📈EMS Play: Kaynes Technology India Ltd.(Mcap ₹ 10,506 Cr.)
Electronics manufacturing company that provides end-to-end IoT solutions across industries like automotive, industrial, aerospace, defense, medical, railways, and IT.
Follow the🧵 to know more about the company👇
Electronics manufacturing company that provides end-to-end IoT solutions across industries like automotive, industrial, aerospace, defense, medical, railways, and IT.
Follow the🧵 to know more about the company👇
🔹Product Portfolio:
🔹Manufacturing units:
The company has eight manufacturing facilities across India in the states of Karnataka, Haryana, Himachal Pradesh, Tamil Nadu, and Uttarakhand.
The company has eight manufacturing facilities across India in the states of Karnataka, Haryana, Himachal Pradesh, Tamil Nadu, and Uttarakhand.
🔹Clientele:
Majority Clients are spread across:
🔸Railways
🔸Automotive
🔸Medical
🔸Aerospace
🔸IT and others
Majority Clients are spread across:
🔸Railways
🔸Automotive
🔸Medical
🔸Aerospace
🔸IT and others
🔹 Revenue Mix:
🔸Automotive Industry – 38 %
🔸Industrial –27%
🔸Medical – 6%
🔸 Railways –12%
🔸Aerospace/ Defence – 2%
🔸IOT/IT – 14%
🔸Automotive Industry – 38 %
🔸Industrial –27%
🔸Medical – 6%
🔸 Railways –12%
🔸Aerospace/ Defence – 2%
🔸IOT/IT – 14%
🔹Capex:
🔸 Rs. 960 crores CAPEX allocated for facility expansion in Mysore, Manesar, Bangalore, and Chennai.
🔸Rs. 1,49.3 crore invested in Kaynes Electronics for a new Chamarajanagar facility.
🔸 Rs. 960 crores CAPEX allocated for facility expansion in Mysore, Manesar, Bangalore, and Chennai.
🔸Rs. 1,49.3 crore invested in Kaynes Electronics for a new Chamarajanagar facility.
🔹Order Book Expansion:
🔸 The company's order book experienced a substantial increase, reaching Rs 3000 Cr
🔸 This significant order book growth provides strong visibility for the company's growth prospects in FY24.
🔸 The company's order book experienced a substantial increase, reaching Rs 3000 Cr
🔸 This significant order book growth provides strong visibility for the company's growth prospects in FY24.
🔹New Vertical:
Company strategically enters OSAT business with focused product categories, leveraging strengths for outsourced assembly and testing demand, poised for growth in semiconductor industry.
Company strategically enters OSAT business with focused product categories, leveraging strengths for outsourced assembly and testing demand, poised for growth in semiconductor industry.
🔹In News:
Govt. to expand semiconductor DLI scheme to large , foreign firms by set aside 20cr. To help semiconductor design firms in innovation .
Kaynes has recently started manufacturing laptops for a semi conductor company IBM.
Proxy Play to Semi Conductor
Govt. to expand semiconductor DLI scheme to large , foreign firms by set aside 20cr. To help semiconductor design firms in innovation .
Kaynes has recently started manufacturing laptops for a semi conductor company IBM.
Proxy Play to Semi Conductor
Positives:
✅Govt Push
✅Order book
✅Industry tailwinds
✅High Growth
Negatives
❌Expensive valuations
✅Govt Push
✅Order book
✅Industry tailwinds
✅High Growth
Negatives
❌Expensive valuations
🔹Financial HIghlights:
🔸Revenue in Q1FY24 was Rs.291Cr.⬇️ by 18% QoQ while ⬆️by 52% YoY.
🔸OPM in Q1FY24 was Rs.39Cr. ⬇️ by 41% QoQ while ⬆️44% YoY.
🔸PAT in Q1FY24 was Rs.25Cr.⬇️ by 35 % QoQ while ⬆️ by 108 % YoY.
🔸Revenue in Q1FY24 was Rs.291Cr.⬇️ by 18% QoQ while ⬆️by 52% YoY.
🔸OPM in Q1FY24 was Rs.39Cr. ⬇️ by 41% QoQ while ⬆️44% YoY.
🔸PAT in Q1FY24 was Rs.25Cr.⬇️ by 35 % QoQ while ⬆️ by 108 % YoY.
[The End]
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