KPIT Q1FY2026 Performance Overview
0.3%
FY26 CC Revenue growth
Revenue
Q1FY26 reported $ QoQ growth of 0.3% Growth steered by Powertrain and Connected
12.4%
Growth in FY26 EBITDA
Profits
Q1FY26 EBITDA YoY growth of 12.4% Q1FY26 EBIT at 17.0%
20.8%
FY26 closing net cash
Cash and DSO
Q1FY26 closing net cash at ₹ 16,220 million Q1FY26 DSO stood at 45 days
$ 236M
Engagements closed in the quarter
Wins and Pipeline
$ 241M worth engagements closed in the quarter Pipeline continues to be robust
Performance Highlights
Revenue Growth
Q1FY26 Y-o-Y CC growth 4.9%
Q1FY26 Q-o-Q CC growth -3.2%
Margin Expansion
Q1FY26 EBITDA margins 21.0%
Margins aided by operational efficiency and INR depreciation
Profit Growth
During Q1FY26, ₹ depreciated against Euro and Yen. Other Income thus includes loss on forward contracts. Other income stood at - ₹ 81 M (+ ₹ 191 M in Q4FY25) a net QoQ negative impact of ₹ 272M
Cash
Robust Cash Conversion continued during the quarter and the Net Cash moved from ₹ 15.9 B to ₹ 16.2 B post last earnout payouts of Technica for ₹ 1.4 B
Management Quotes
Strategic Engagement
KPIT collaborates with Mercedes-Benz Research and Development India (MBRDI) to accelerate the realization of Software-Defined Vehicles
Collaboration to drive faster innovation, reduce time-to-market, and enhance efficiencies
KPIT Technologies has announced a collaboration with Mercedes-Benz Research and Development India (MBRDI) to accelerate the development and realization of Software-Defined Vehicles (SDVs). This collaboration is poised to enhance innovation, speed up product feature launches, and deliver cost advantages by leveraging KPIT’s cross-domain expertise in mobility technologies.
Mercedes-Benz is advancing its software development strategy as a fundamental pillar of its digital transformation journey across the globe. The company's approach focuses on creating an integrated software architecture that enhances vehicle functionality, user experience, and operational efficiency. By prioritizing software development, Mercedes-Benz aims to deliver continuous improvements to customers through regular updates, ensuring vehicles remain technologically current throughout their lifecycle.
Drawing on KPIT’s deep domain knowledge and experience in enabling mobility transformation globally, the collaboration will play a pivotal role in rearchitecting the technology stack of next-generation vehicles.
New Engagements
Strong Wins - TCV of new engagements won during Q1FY26 : $ 241 million
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