Kaynes Technology India Limited (KAYNES) - Net Assets
Based on the latest financial reports, Kaynes Technology India Limited (KAYNES) has net assets worth Rs46.85 Billion INR (≈ $506.63 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs67.33 Billion ≈ $728.19 Million USD) and total liabilities (Rs20.49 Billion ≈ $221.56 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check Kaynes Technology India Limited liquidity resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs46.85 Billion |
| % of Total Assets | 69.57% |
| Annual Growth Rate | 76.69% |
| 5-Year Change | 1937.96% |
| 10-Year Change | N/A |
| Growth Volatility | 128.72 |
Kaynes Technology India Limited - Net Assets Trend (2019–2025)
This chart illustrates how Kaynes Technology India Limited's net assets have evolved over time, based on quarterly financial data. Also explore total assets of Kaynes Technology India Limited for the complete picture of this company's asset base.
Annual Net Assets for Kaynes Technology India Limited (2019–2025)
The table below shows the annual net assets of Kaynes Technology India Limited from 2019 to 2025. For live valuation and market cap data, see KAYNES company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | Rs28.44 Billion ≈ $307.59 Million |
+14.30% |
| 2024-03-31 | Rs24.88 Billion ≈ $269.12 Million |
+159.12% |
| 2023-03-31 | Rs9.60 Billion ≈ $103.86 Million |
+371.41% |
| 2022-03-31 | Rs2.04 Billion ≈ $22.03 Million |
+45.97% |
| 2021-03-31 | Rs1.40 Billion ≈ $15.09 Million |
+35.17% |
| 2020-03-31 | Rs1.03 Billion ≈ $11.17 Million |
+10.54% |
| 2019-03-31 | Rs934.05 Million ≈ $10.10 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Kaynes Technology India Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 892.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rs7.04 Billion | 24.79% |
| Common Stock | Rs640.84 Million | 2.26% |
| Other Comprehensive Income | Rs726.42 Million | 2.56% |
| Other Components | Rs19.99 Billion | 70.40% |
| Total Equity | Rs28.40 Billion | 100.00% |
Kaynes Technology India Limited Competitors by Market Cap
The table below lists competitors of Kaynes Technology India Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
MGE Energy Inc
NASDAQ:MGEE
|
$2.93 Billion |
|
ICU Medical Inc
NASDAQ:ICUI
|
$2.93 Billion |
|
Wuxi Taiji Industry Co Ltd
SHG:600667
|
$2.94 Billion |
|
Growthpoint Properties Ltd
JSE:GRT
|
$2.94 Billion |
|
Kennametal Inc
NYSE:KMT
|
$2.93 Billion |
|
Western Union Co
NYSE:WU
|
$2.93 Billion |
|
Vapores
SN:VAPORES
|
$2.93 Billion |
|
Joincare Pharmaceutical Group Industry Co Ltd
SHG:600380
|
$2.93 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Kaynes Technology India Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 24,868,890,000 to 28,402,600,000, a change of 3,533,710,000 (14.2%).
- Net income of 2,934,330,000 contributed positively to equity growth.
- New share issuances of 26,710,000 increased equity.
- Other comprehensive income increased equity by 557,100,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rs2.93 Billion | +10.33% |
| Share Issuances | Rs26.71 Million | +0.09% |
| Other Comprehensive Income | Rs557.10 Million | +1.96% |
| Other Changes | Rs15.57 Million | +0.05% |
| Total Change | Rs- | 14.21% |
Book Value vs Market Value Analysis
This analysis compares Kaynes Technology India Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 9.20x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 177.92x to 9.20x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-03-31 | Rs22.73 | Rs4044.40 | x |
| 2020-03-31 | Rs25.17 | Rs4044.40 | x |
| 2021-03-31 | Rs31.73 | Rs4044.40 | x |
| 2022-03-31 | Rs34.84 | Rs4044.40 | x |
| 2023-03-31 | Rs197.89 | Rs4044.40 | x |
| 2024-03-31 | Rs410.86 | Rs4044.40 | x |
| 2025-03-31 | Rs439.44 | Rs4044.40 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Kaynes Technology India Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 10.33%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 10.78%
- • Asset Turnover: 0.59x
- • Equity Multiplier: 1.63x
- Recent ROE (10.33%) is below the historical average (10.67%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | 10.46% | 2.67% | 0.99x | 3.93x | Rs4.27 Million |
| 2020 | 9.11% | 2.54% | 0.97x | 3.68x | Rs-9.15 Million |
| 2021 | 7.02% | 2.31% | 1.00x | 3.02x | Rs-41.33 Million |
| 2022 | 20.46% | 5.87% | 1.13x | 3.07x | Rs211.90 Million |
| 2023 | 9.93% | 8.45% | 0.79x | 1.48x | Rs-7.08 Million |
| 2024 | 7.37% | 10.16% | 0.55x | 1.31x | Rs-654.00 Million |
| 2025 | 10.33% | 10.78% | 0.59x | 1.63x | Rs94.07 Million |
Industry Comparison
This section compares Kaynes Technology India Limited's net assets metrics with peer companies in the Electronic Components industry.
Industry Context
- Industry: Electronic Components
- Average net assets among peers: $485,793,368
- Average return on equity (ROE) among peers: 31.23%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Kaynes Technology India Limited (KAYNES) | Rs46.85 Billion | 10.46% | 0.44x | $2.93 Billion |
| AVALON TECHNOLOGIES LTD (AVALON) | $282.08 Million | 81.83% | 17.17x | $763.31 Million |
| Cyient DLM Limited (CYIENTDLM) | $376.52 Million | 31.38% | 16.13x | $337.40 Million |
| IKIO Lighting Limited (IKIO) | $608.61 Million | 47.33% | 1.87x | $132.01 Million |
| KRN Heat Exchanger and Refrigeration (KRN) | $255.31 Million | 41.48% | 2.63x | $870.73 Million |
| MIC Electronics Limited (MICEL) | $167.79 Million | 1.93% | 0.97x | $112.52 Million |
| PG Electroplast Limited (PGEL) | $1.22 Billion | -16.57% | 1.31x | $1.64 Billion |
About Kaynes Technology India Limited
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, informa… Read more