Kaynes Technology Forecasts ₹4,525 Crore Revenue Boost & Export Growth in FY26 - OSAT Expansion on Track

2025-05-19
Kaynes Technology Forecasts ₹4,525 Crore Revenue Boost & Export Growth in FY26 - OSAT Expansion on Track
CNBCTV18

Kaynes Technology Set for Significant Growth with ₹4,525 Crore Revenue Target and Export Surge

Kaynes Technology, a leading Electronic Manufacturing Services (EMS) provider in India, is projecting a substantial revenue increase of ₹4,525 crore in Financial Year 2026 (FY26). This ambitious target is underpinned by a strategic focus on export expansion and the ongoing development of key infrastructure, including its Outsourced Semiconductor Assembly and Test (OSAT) and Printed Circuit Board (PCB) manufacturing facilities.

According to Jairam Sampath, Whole Time Director & CFO of Kaynes Technology India, the company is well-positioned to capitalise on the growing demand for electronics manufacturing in India and globally. The current push for 'Make in India' initiatives and government incentives are further accelerating this growth trajectory.

OSAT and PCB Facilities: A Key Driver of Future Growth

A cornerstone of Kaynes Technology's future growth strategy is the completion and operationalization of its OSAT and PCB units. These facilities, currently under construction, are slated to be fully operational by Financial Year 2027 (FY27). Sampath anticipates these combined units will contribute significantly to the company's revenue stream, with projected earnings reaching ₹1,000 crore.

The investment in OSAT and PCB capabilities is particularly significant. It allows Kaynes Technology to offer a more comprehensive suite of services to its clients, moving beyond basic assembly to include critical components like semiconductor packaging and advanced PCB manufacturing. This vertical integration strengthens the company's competitive advantage and enhances its ability to serve the evolving needs of the electronics industry.

Export Focus & Global Opportunities

Beyond domestic growth, Kaynes Technology is aggressively pursuing export opportunities. The company aims to leverage its manufacturing capabilities and cost-effectiveness to attract international clients. The global semiconductor shortage and supply chain disruptions have highlighted the importance of diversified manufacturing locations, and India is increasingly becoming a preferred destination for electronics manufacturing.

Strategic Outlook & Investment Highlights

  • Revenue Target: ₹4,525 crore in FY26
  • OSAT & PCB Contribution: ₹1,000 crore (projected by FY27)
  • Focus: Export expansion and advanced manufacturing capabilities
  • Key Drivers: 'Make in India' initiative, government incentives, global demand for electronics

Kaynes Technology's strategic investments and focus on innovation position it as a key player in the rapidly expanding Indian electronics manufacturing ecosystem. The company's commitment to advanced technologies and global markets suggests a promising future for continued growth and value creation.

Investors are closely watching Kaynes Technology's progress as it continues to expand its capabilities and solidify its position as a leading EMS provider in India and beyond. The successful completion of the OSAT and PCB facilities will be a crucial milestone in the company's journey toward achieving its ambitious revenue targets.

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