Kaynes Technology India earnings calls.

Kaynes Technology reported FY26 revenue of ₹3,626.4 croreCurrent reported value: ₹3,626.4 crore. No comparable prior figure is available in the source record. (+33.2Current reported value: 33.2. No comparable prior figure is available in the source record.% YoY) and EBITDA of ₹574.1 croreCurrent reported value: ₹574.1 crore. No comparable prior figure is available in the source record. (+39.8% YoY), with EBITDA margin at 15.8%Current reported value: 15.8%. No comparable prior figure is available in the source record.. Q4 revenue was ₹1,242.6 croreCurrent reported value: ₹1,242.6 crore. No comparable prior figure is available in the source record. (+26% YoY). However, the company missed its initial guidance of ₹4,500 crore, blaming geopolitical disruptions and customer deferrals. The smart metering subsidiary (₹971 croreCurrent ₹971 crore. Reported change: +21% YoY. revenue) caused a sharp rise in receivables to ₹1,365 croreCurrent ₹1,365 crore. Reported change: +162% YoY., leading to negative operating cash flow of ₹600 crore. Management declined to give numerical guidance for FY27, only committing to "double the market growth rate" (market growing 15-16Current reported value: 16. No comparable prior figure is available in the source record.%). Key risk: working capital stress from metering business may persist, with management admitting it will take three quarters to reverse the trend.