Kaynes Technology India (NSE:KAYNES) ROCE %: 14.02% (As of Mar. 2026)


NSE:KAYNES Kaynes Technology India Ltd NSE:KAYNES
81 GF Score
Price ₹3,150.60
GF Value ₹6,717.55
Valuation Possible Value Trap
! 6 Warning Signs
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What is Kaynes Technology India ROCE %?

Kaynes Technology India NSE:KAYNES -3.49% 81 ROCE % is 14.02% as of Mar. 2026. GuruFocus rates NSE:KAYNES with a GF Score™ of 81/100 and a GF Value™ of ₹6,717.55 (Possible Value Trap). The stock has 6 warning signs investors should review.

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Kaynes Technology India's annualized ROCE % for the quarter that ended in Mar. 2026 was 14.02%.

Kaynes Technology India  (NSE:KAYNES) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

Kaynes Technology India ROCE % Related Terms

Kaynes Technology India ROCE % Historical Data

* Premium members only.

The historical data trend for Kaynes Technology India's ROCE % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Kaynes Technology India ROCE % Chart

Kaynes Technology India Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROCE %
Get a 7-Day Free Trial 38.79 25.19 16.02 17.23 15.29

Kaynes Technology India Quarterly Data
Mar20 Mar21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 23.17 16.83 13.83 11.20 14.02
NSE:KAYNES
81GF Score
Kaynes Technology India Ltd NSE:KAYNES
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Kaynes Technology India ROCE % Calculation

Kaynes Technology India's annualized ROCE % for the fiscal year that ended in Mar. 2026 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=6212.41/( ( (46412.17 - 16821.11) + (68940.15 - 17272.56) )/ 2 )
=6212.41/( (29591.06+51667.59)/ 2 )
=6212.41/40629.325
=15.29 %

Kaynes Technology India's ROCE % of for the quarter that ended in Mar. 2026 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=7244.12/( ( (0 - 0) + (68940.15 - 17272.56) )/ 1 )
=7244.12/( ( 0 + 51667.59 )/ 1 )
=7244.12/51667.59
=14.02 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about ROCE % →
What does a ROCE % of 14.02% mean?
Kaynes Technology India (NSE:KAYNES) has a ROCE % of 14.02% as of Mar. 2026.
Is Kaynes Technology India's ROCE % too high?
Kaynes Technology India's current ROCE % is 14.02%. The Hardware industry median ROCE % is 5.82. Kaynes Technology India's value of 14.02% is 140.9% above this industry median. Overall, Kaynes Technology India has a GF Score™ of 81/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Kaynes Technology India's ROCE % compare to APH and GLW?
Kaynes Technology India's ROCE % of 14.02% can be compared against companies in the Hardware industry. The industry median ROCE % is 5.82. Kaynes Technology India's value of 14.02% is 140.9% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROCE % for a Hardware company?
The median ROCE % among Hardware companies is 5.82, based on 2,449 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Kaynes Technology India's current ROCE % of 14.02% is 140.9% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Hardware industry, the median ROCE % is 5.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kaynes Technology India's current ROCE % is 14.02%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kaynes Technology India stock overvalued right now?
Based on GuruFocus' analysis, Kaynes Technology India (NSE:KAYNES) is currently considered Possible Value Trap. The stock's GF Value™ is ₹6,717.55, compared to a current price of ₹3,150.60 — trading 53.1% below its estimated fair value. The current ROCE % is 14.02% and 140.9% above the Hardware industry median of 5.82. Kaynes Technology India's overall GF Score™ is 81/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROCE % calculated?
ROCE % is calculated from a company's financial statements. For Kaynes Technology India (NSE:KAYNES), the current ROCE % is 14.02% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Kaynes Technology India (NSE:KAYNES) Overvalued in 2026?

Based on GuruFocus' analysis, Kaynes Technology India stock appears to be undervalued. The current stock price of ₹3,150.60 is trading 53.1% below its estimated GF Value™ of ₹6,717.55. GuruFocus considers Kaynes Technology India to be Possible Value Trap.

Key valuation signals for NSE:KAYNES:

  • ROCE %: 14.02%
  • GF Value™: ₹6,717.55 vs. price of ₹3,150.60 (53.1% below fair value)
  • GF Score™: 81/100 with 6 warning signs
  • Industry Position: 140.9% above the Hardware median

No single metric tells the full story. See the NSE:KAYNES stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Kaynes Technology India Business Description

Other Exchanges 543664:India
Address 23-25, Belagola, Food Industrial Estate, Metagalli P.O., Mysore, KA, IND, 570016
Kaynes Technology India Ltd is an end-to-end and IoT solutions-enabled integrated electronics manufacturing company. The company provides conceptual design, process engineering, integrated manufacturing, and life-cycle support for players in the automotive, industrial, aerospace and defense, outer-space, nuclear, medical, railways, Internet of Things, Information Technology and other segments. The Company operates predominantly in one business segment which is Electronics Manufacturing Services.
81GF Score

Get the complete analysis for NSE:KAYNES

ROCE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹3,150.60
Price
₹6,717.55
GF Value