KPIT has been able to cut engineering cycle times by as much as 25-30 percent by deploying AI in validation and testing environments.
The deal strengthens the Pune-based firm's capabilities to deliver cost-optimised and innovative engineering solutions for trucks, off-highway and passenger mobility players
The commentary for H1 FY26 is cautious amid macro challenges
IGL shares surged after the company reported a 22.2 percent rise in its net profit during the quarter ended March 31, 2025.
The company expands client base and deal pipeline, maintains positive growth outlook for FY2025.
The revenue is up 8 percent sequentially at Rs 1,471 crore during the July-September period of the current 2024-25 fiscal.
Earlier, analysts expected the sector to recover by the first quarter of FY26, as and when the macroeconomic situation were to improve.
The company continues to deliver strong growth with margin expansion, unlike large ERD players in India and overseas.
KPIT has retained a dominant position in the auto ERD space and has been delivering a strong double-digit YoY growth, quarter after quarter
He also highlighted the high cost of autonomous tech and prevalent culture of individuals driving themselves, as other impediments to adoption of autonomous vehicles
The large pool of competitively priced engineering talent and technology service providers make India a major outsourcing destination.
KPIT Technologies aims to offer a sodium-ion battery with an overall cost up to 30 percent lower than existing alternatives, and is in talks with both existing clients in the auto industry and those interested in various applications of energy storage.
The exceptional IPO return may not be sustainable as valuation is quite expensive
The company’s revenue and margin guidance appears to be achievable
KPIT expects to beat its FY23 guidance and is of the view that overall growth can be more than 33 percent with more than 24 percent organic growth
Revenue growth likely to face cross-currency headwinds; better to add the stock gradually, given limited valuation upside for now
The deal will offer business synergies but KPIT’s valuation is above comfort level
The Union Minister of State for Science and Technology on the occasion said Prime Minister Narendra Modi's 'Hydrogen Vision' aims to make the country "atmanirbhar" (self-reliant) in clean energy, meeting climate change goals and creating employment in the sector.
The KPIT management reiterated the revenue guidance of 18-21 percent in CC terms for FY23, with an 18-19 percent EBIT margin
Higher cross currency impact due to Euro, GBP and Yen depreciation against the INR. EBITDA expansion of 80 bps despite supply side constraints, fresher additions and cross-currency headwinds.
Its revenue from operations was Rs 544 crore for the quarter under review as compared to Rs 505.7 crore in April-June 2019, according to a regulatory filing.
Kishor Patil, co-founder, CEO and MD of KPIT, said the company started the new year on a positive note with industry-leading revenue growth and improved profitability.
Net Sales are expected to increase by 2.3 percent Q-o-Q (up 20.5 percent Y-o-Y) to Rs. 1,103.8 crore, according to Dolat Capital.
The company's sales increased 17.7 percent to Rs 1,078.8 crore in the reported period from Rs 916 crore in the same quarter a year ago, it added.
This is against a net profit of Rs 53.6 crore in the year-ago period, KPIT said in a BSE filing.