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Motilal Oswal Financial Services Limited
KAYNES

Kaynes Technology India Limited

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Kaynes Technology India Limited CC-Mar25.pdf
16 May 2025
Open call
  1. Sir, my question is regarding this quarter and last quarter as well. We have see n an increasing flow of our ODM business and the mix has increased significantly to almost 18%, including the product engineering business. And that also resulted in a better margin. So can you throw some light on which kind of products are we manufacturing in that on wh ich segment?

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  2. Just a follow-up on that. So how much delta in terms of margin can we see if the ODM -- because ODMs are in the high-margin business. So the mix is going up. So what kind of delta can we see on our margins down the line in the core EMS business?

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  3. So because high-margin businesses generally carry some kind of worki ng capital with it. So -- and we target to reduce that. So can you throw some light how is it possible...

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