Excerpts from Kaynes Technology analyst call (Sales note by do | DM Stocks

Excerpts from Kaynes Technology analyst call (Sales note by domestic brokerage)
1) sales 1200 cr for current year and 1800 cr next year
2) margins stable or could even improve from current levels
3) 35-40% of sales come in q4.
4) in talks with 2 large European companies to shift entire manufacturing from China to India. European companies are wary of protecting intellectual rights they feel safer in India.
5) entering new sector green hydrogen expecting first order to come through mid 2024.
6) cash balance 483 cr
7) on expanded capacity can do peak sales of 2750-3000 cr.
8) order enquires strong.