Following this transaction, Kaynes Holding Pte Ltd, which already holds 54% in Sensonic GmbH, will increase its stake. Shares of Kaynes Technology India Ltd ended at ₹6,700.00, down by ₹167.00, or 2.43%, on the BSE.

Kaynes Technology | The company's management cut its financial year 2025 revenue guidance to ₹2,800 crore from ₹3,000 crore earlier. The earnings were also below expectations. The stock is down nearly 17% on Tuesday post its results, taking the stock to be one of the top losers on the Smallcap index since December 12 with a 34% drop. The stock is down over 40% from its own peak.

CNBCTV18·author

Published Oct 23, 2025 | 9:07 AM GMT-04

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Electronics company Kaynes Technology India Ltd on Thursday (October 23) said its wholly owned subsidiary, Kaynes Holding Pte Ltd (Kaynes Singapore), has executed a Share Purchase Agreement (SPA) with Frauscher Sensor Technology Group GmbH for the further acquisition of a 7% stake in Sensonic GmbH.

The SPA was executed on October 20, 2025, and the intimation was received by Kaynes Technology India Limited on October 23, 2025, at 12:50 PM IST. The acquisition consideration is one Euro. Following this transaction, Kaynes Holding Pte Ltd, which already holds 54% in Sensonic GmbH, will increase its stake.

The transaction does not impact the management or control of Kaynes Technology India and is not classified as a related party transaction. Directors of Kaynes Holding Pte Ltd include Ramesh Kunhikannan, Promoter and Executive Vice Chairperson, and Jairam Paravastu Sampath, Whole-Time Director & CFO of Kaynes Technology India Ltd.

Also Read: Kaynes Tech shares recover from the lows after promoter says new CEO in three days

Second Quarter Results

Net profit in the first quarter jumped 47% YoY to ₹74.6 crore, rising from ₹50.8 crore in Q1FY25. This exceeded the CNBC-TV18 poll estimate of ₹70.4 crore. Similarly, the earnings before interest, taxes, depreciation and amortisation (EBITDA) expanded 68% to ₹113 crore year-on-year while also topping the Street estimate of ₹111 crore.

The Mysore-based company’s margins also improved to 16.7% from 13.3% a year ago. Though the company’s topline climbed 33.6% year-on-year to ₹673.4 crore, it missed the CNBC-TV18 poll estimates by ₹85.6 crore.

In June, the company successfully closed its qualified institutional placement (QIP), raising ₹1,600 crore through the issue of 28.73 lakh equity shares at ₹5,569.50 per share. Out of that, ₹120 crore has been used for repayment of debt, inorganic growth, including acquisitions, and for general corporate purposes. As of June 30, the unused amount is ₹1,480 crore.

Also Read: Kaynes Technology eyes $2 billion revenue by FY30 amid leadership changes

Shares of Kaynes Technology India Ltd ended at ₹6,700.00, down by ₹167.00, or 2.43%, on the BSE.

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