KPIT Technologies Ltd Stock Price

NSE: kPIT

as of 30 Aug 2024, 15:29
1636.50 inr

- 10.85

- 0.66%

BSE: kPIT

as of 30 Aug 2024, 15:29
1636.50 inr

- 10.85

- 0.66%

KPIT Q4FY2024 Performance Overview

23.1%
Reported $ Revenue growth Y-o-Y
Revenue (Q4 FY24)

Growth led by Middleware

31.0%
EBITDA growth of Y-o-Y
EBITDA

Q1FY25 EBITDA at 21.1%

₹ 2,042 M
Q1FY25 Net Profit
Net Profit

52.4% (incl one-time gain) growth in profit Y-o-Y

$ 202M
worth engagements closed in the quarter
Wins and Pipeline

Healthy Pipeline level across practices

Performance Highlights

Growth in Tech Domains

Q-o-Q CC growth of 4.7% and reported $ growth of 3.7%. Growth led by passenger cars.

EBITDA Growth and Margins

EBITDA margins improved to 21.1% post two months of ESOP cost and quarterly promotions, mainly due to fixed cost leverage. Sequential EBITDA growth of 5.6%

Foreign Currency Impact

Other income was lower as compared to last quarter due to conversion losses Yen denominated assets. ETR was in-line with our annual outlook.

Quarterly Cash Update

Net Cash Balance at the end of the quarter stood at ₹ 10.01 billion, depicting a net cash addition of ₹ 1.50 billion. DSO at the end of the quarter stood at 46 Days.

Management Quotes

“Mobility industry is using software to drive innovation and is creating a post-vehicle sale business model driven by delivering services to end consumers. We are constantly looking for possibilities to help accelerate our client’s vision. With Technica Engineering, we will strengthen value and scale of operations across the stack. We have common strategic clients who will benefit, and we also get access to leading disruptor mobility tech companies".

Thought Leadership

CEO & MD of KPIT Technologies.

“Mobility industry is using software to drive innovation and is creating a post-vehicle sale business model driven by delivering services to end consumers. We are constantly looking for possibilities to help accelerate our client’s vision. With Technica Engineering, we will strengthen value and scale of operations across the stack. We have common strategic clients who will benefit, and we also get access to leading disruptor mobility tech companies".

Thought Leadership

CEO & MD of KPIT Technologies.

“Mobility industry is using software to drive innovation and is creating a post-vehicle sale business model driven by delivering services to end consumers. We are constantly looking for possibilities to help accelerate our client’s vision. With Technica Engineering, we will strengthen value and scale of operations across the stack. We have common strategic clients who will benefit, and we also get access to leading disruptor mobility tech companies".

Thought Leadership

CEO & MD of KPIT Technologies.

New Engagements

Strong Wins - TCV of new engagements won during Q1FY25 : $ 202 million

A Leading European Car Manufacturer selected KPIT for a significant engagement in the connected vehicle domain.
Strategic engagements in the autonomous, connected and powertrain domains for a leading European Car Manufacturer.
Crucial engagements in the middleware and architecture domains with a leading American Car Manufacturer.

Frequently Asked Questions

When was KPIT incorporated?

Since last 25 years, KPIT Technologies has been working with mobility and automotive companies, providing technology solutions for making mobility cleaner, smarter and safer. In Jan-2018, KPIT announced a restructure to merge with Birlasoft and then demerge to focus only the Mobility and the Automotive sector. This entity was hence incorporated as a public limited company on 8th January, 2018 under the Companies Act, 2013. On March 13, 2019, name of the company changed from “KPIT Engineering Limited” to “KPIT Technologies Limited”.

Where is KPIT's registered office located?

The registered office of the company is located at: Plot No. 17, Rajiv Gandhi Infotech Park Phase III, MIDC - SEZ, Hinjawadi Pune - 411 057, India Tel: +91 20 6770 6000

Who are the founder members of the company?

The founder members of KPIT are Mr. Ravi Pandit and Mr. Kishor Patil

What is the vision & mission statement of the company?

Reimagining mobility with you for creation of a cleaner, smarter & safer world

What are the areas of operations of the company?

KPIT specializes in embedded software, AI & digital solutions for the automotive and mobility industry enabling its customers accelerate implementation of next generation mobility technologies.

How many software development centers does KPIT have?

KPIT has software development centers located in Pune, Bangalore, Mumbai, Noida, Chennai (India), Munich (Germany), Raleigh (US) and Folsom (US). We have 31 global offices across 16 countries.

When did the company have its IPO and at what price?

The Company is in the process of filing the listing application with stock exchanges. This section will be available for investors once the Company is listed with the stock exchanges.

What is the name & address of the compliance officer of the company?

Ms. Nida Deshpande is the Compliance Officer/Company Secretary of KPIT.

Whom do I contact in case of non-receipt of dividend, loss of share certificates, etc.?

Please contact the Company Secretary on the above-mentioned address

I want to know more about KPIT and its operations.

You can get in touch with Mr. Sunil Phansalkar from the investor relations team at sunil.phansalkar@kpit.com

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