KAYNES

What Kaynes Tech promised, and what happened

Every commitment management made on a call, tracked from the quarter it was made — reaffirmed, revised, diluted or quietly dropped.

Guidance record · Q1 FY27

what the last two calls moved 20 tracked 2 delivered 7 missed 11 open
  • FY26 Revenue Growth missed said Q4 FY25 Promised: Minimum 60% growth Q1 FY27: Target period FY26 has passed. The final verdict remains missed.
  • Metering Business OCF at risk said Q4 FY26 Promised: Positive by year-end Q1 FY27: Consolidated OCF was negative at INR 259 crores in Q1. The metering business continues to face collection issues, leading to strategic de-growth. While management reiterated a year-end positive OCF goal for the consolidated entity, this specific promise is under significant pressure.
  • Total Revenue on track said Q4 FY25 Promised: $1 billion by FY28 Q1 FY27: Q1 FY27 revenue grew 40% YoY, with core EMS growing 53%. While challenges remain, the strong top-line growth keeps this long-term target viable.

The rest of the ledger

Above is what the last two calls moved. Pro opens all 20 tracked commitments for Kaynes Tech — every quarter's revision, the source quote behind each one, and the topics management has stopped answering.

See what Pro opens