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KPIT Technologies Ltd.

KPITTECHInformation Technology filings

We hold this company’s filings and have not read the financial statements out of them yet. Every filing on record is listed under filings, and each one opens.

Earnings calls

15 transcript(s)/analyst meet(s) served; 0 document(s) on file are not transcripts (cover letters, duplicates, unresolved) and are excluded. Speaker attribution is shown only where the segmenter attributes ≥ 95% of sentences to management or analysts (0 of 15 documents here); elsewhere sentences render unattributed.

KindDatePeriodServedAttribution rate
TRANSCRIPT202302072022-12-31yes
TRANSCRIPT202305022023-03-31yes
TRANSCRIPT202308012023-06-30yes
TRANSCRIPT202311032023-09-30yes
TRANSCRIPT202402022023-12-31yes
TRANSCRIPT202405032024-03-31yes
TRANSCRIPT202407292024-06-30yes
TRANSCRIPT202410292024-09-30yes
TRANSCRIPT202502042024-12-31yes
TRANSCRIPT202505062025-03-31yes
TRANSCRIPT202508062025-06-30yes
TRANSCRIPT202511172025-09-30yes
TRANSCRIPT202602062025-12-31yes
ANALYST_MEET202605132026-03-31yes
TRANSCRIPT202608042026-06-30yes

KPITTECH

files the standard Schedule III statements. Every figure below opens to the filing it was read from; where a figure is not shown, the reason is printed in its place.

Identity

Statement divisiongeneral
Scope servedconsolidated
Panels on this page4

Market

No split, bonus or consolidation is on record for this company inside the period this price series covers, so the closes need no adjustment.

Last close516.85
52-week range516.85 – 1269.8
Return 1M-12.69%
Return 3M-30.4%
Return 1Y-58.34%
Return 3Y-50.83%
Return 5Y39.97%
Market capitalisationnot shown — we could not confirm it
Shares outstandingnot shown — we could not confirm it
P/Enot shown — we could not confirm it
P/Bnot shown — we could not confirm it
EV/EBITDAnot shown — we could not confirm it

Latest quarter filed — period ending 2026-06-30

In INR crore except per-share figures. `period_id` is the period the filing names for the number; the date beside each cell is when it was filed.

Revenue from operations1,675.00
Other income8.00
Total income1,683.00
Cost of materials consumed20.00
Purchases of stock-in-trade0.00
Changes in inventories-3.00
Employee benefit expense1,060.00
Finance costs23.00

Ownership — 2026-06-30, and the change from 2026-03-31

HolderPer centChange
promoter and promoter group0.39-0.01
institutions foreign0.13-0.00
institutions domestic0.24-0.01
mutual funds0.12-0.00
public0.610.01

Documents on file

ClassMost recentOn file
ANALYST_MEET2026-03-311
TRANSCRIPT2026-06-3014

Financial statements

Filed results, consolidated, in INR crore except per-share figures. Every figure opens to the filing it was read from. Quarterly and annual columns are the periods the filing itself names, never a document date.

Quarterly results, as filed

Line2022-09-302022-12-312023-03-312023-06-302023-09-302023-12-312024-03-312024-06-302024-09-302024-12-312025-03-312025-06-302025-09-302025-12-312026-03-312026-06-30
Revenue from operations745.00917.001,017.001,098.001,199.001,257.001,318.001,365.001,471.001,478.001,528.001,539.001,588.001,617.001,711.001,675.00
Other income9.0021.006.0022.009.0019.0017.0054.0052.0019.0046.0016.0024.0034.0012.008.00
Total income754.00938.001,024.001,119.001,209.001,276.001,334.001,419.001,523.001,497.001,575.001,555.001,611.001,652.001,723.001,683.00
Cost of materials consumed0.0054.0012.0014.0019.009.0031.001.0019.0013.0015.0018.0024.0030.0024.0020.00
Purchases of stock-in-trade0.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.00
Changes in inventories0.00-39.0013.00-7.00-1.009.00-15.007.00-5.00-1.006.003.00-6.00-4.001.00-3.00
Employee benefit expense496.00565.00641.00714.00775.00790.00833.00874.00945.00925.00955.00975.00978.00996.001,046.001,060.00
Finance costs7.008.0011.0014.0014.0016.0012.0013.0010.0010.009.0012.0016.0023.0022.0023.00
Depreciation and amortisation33.0040.0042.0045.0048.0050.0053.0053.0056.0058.0058.0063.0075.0081.0082.0083.00
Other expenses110.00170.00169.00163.00166.00190.00196.00194.00211.00228.00229.00242.00271.00280.00317.00326.00
Total expenses647.00799.00888.00942.001,021.001,064.001,109.001,142.001,236.001,234.001,272.001,314.001,358.001,407.001,493.001,509.00
Profit before exceptional items and tax108.00139.00136.00177.00188.00212.00225.00277.00287.00263.00302.00241.00253.00245.00230.00174.00
Exceptional items0.000.000.000.000.000.000.000.000.000.000.000.000.00-60.000.000.00
Profit before tax108.00139.00136.00177.00188.00212.00225.00277.00287.00263.00302.00241.00253.00185.00230.00174.00
Current tax28.0034.0019.0064.0051.0057.0066.00100.0082.0073.0054.0093.0076.0054.0076.0062.00
Deferred tax-3.002.005.00-22.00-5.00-2.00-7.00-27.00-2.00-4.0017.00-29.00-14.00-6.00-15.00-18.00
Tax expense26.0035.0025.0042.0046.0055.0059.0073.0079.0070.0071.0064.0061.0048.0062.0044.00
Profit for the period84.00104.00112.00134.00141.00157.00166.00204.00204.00187.00245.00172.00169.00133.00163.00116.00
Profit attributable to owners83.00100.00112.00134.00141.00155.00164.00204.00204.00187.00245.00172.00169.00133.00163.00117.00
Profit attributable to non-controlling interests0.004.00-0.000.001.001.002.000.000.000.000.000.000.000.00-0.00-1.00
Other comprehensive income-14.0053.0016.008.00-12.0031.00-8.00-10.0031.00-32.0045.0082.0074.0055.0094.0015.00
Total comprehensive income70.00157.00128.00143.00129.00188.00158.00195.00235.00155.00290.00254.00243.00188.00257.00131.00
Earnings per share, basic3.093.724.134.955.205.736.067.537.516.899.016.326.224.905.994.30
Earnings per share, diluted3.063.684.094.915.165.696.027.477.456.838.946.286.184.875.954.28

Annual results, as filed

Line2019-03-312020-03-312021-03-312022-03-312023-03-312024-03-312025-03-312026-03-31
Revenue from operations641.002,156.002,036.002,432.003,365.004,872.005,842.006,455.00
Other income36.0028.0016.0045.0040.0060.00167.0086.00
Total income677.002,184.002,052.002,477.003,405.004,932.006,010.006,541.00
Cost of materials consumed12.008.000.000.0066.0072.0049.0097.00
Purchases of stock-in-trade0.000.000.000.000.000.000.000.00
Changes in inventories-1.001.000.000.00-25.00-14.007.00-6.00
Employee benefit expense357.001,429.001,341.001,611.002,155.003,112.003,699.003,996.00
Finance costs7.0020.0017.0019.0032.0055.0042.0074.00
Depreciation and amortisation19.00108.00133.00120.00146.00196.00225.00301.00
Other expenses182.00429.00387.00383.00536.00710.00858.001,110.00
Total expenses575.001,994.001,879.002,133.002,911.004,131.004,880.005,571.00
Profit before exceptional items and tax101.00190.00172.00344.00494.00801.001,130.00969.00
Exceptional items-34.00-10.005.000.000.000.000.00-60.00
Profit before tax67.00181.00178.00344.00494.00801.001,130.00910.00
Current tax17.0062.0055.0084.00109.00238.00309.00298.00
Deferred tax-5.00-28.00-19.00-15.001.00-36.00-16.00-64.00
Tax expense12.0034.0036.0068.00110.00202.00293.00235.00
Profit for the period55.00147.00141.00276.00387.00599.00840.00637.00
Profit attributable to owners54.00147.00140.00274.00381.00595.00840.00637.00
Profit attributable to non-controlling interests1.000.001.002.006.004.000.000.00
Other comprehensive income2.0016.0018.00-2.0049.0019.0035.00304.00
Total comprehensive income57.00163.00159.00274.00435.00617.00874.00942.00
Earnings per share, basic8.185.465.2210.1714.1021.9530.9323.43
Earnings per share, diluted8.155.445.1910.0513.9521.7730.7023.28

Balance sheet, as filed

Line2022-09-302023-03-312023-09-302024-03-312024-09-302025-03-312025-09-302026-03-31
Total assets2,441.003,401.003,745.004,168.004,586.005,033.006,714.007,256.00
Non-current assets900.001,899.002,090.002,151.002,342.002,323.004,096.004,360.00
Current assets1,540.001,502.001,655.002,016.002,243.002,710.002,617.002,896.00
Property, plant and equipment403.00474.00499.00543.00565.00594.00645.00249.00
Capital work-in-progress2.006.004.001.002.009.000.000.00
Goodwill217.001,010.001,121.001,146.001,185.001,173.002,429.002,798.00
Other intangible assets54.00200.00301.00226.00245.00205.00518.00560.00
Inventories0.0059.0089.0090.0099.0085.0087.0088.00
Trade receivables533.00775.00888.00956.00983.00890.001,141.001,075.00
Cash and cash equivalents324.00454.00474.00655.00723.001,074.00927.001,318.00
Total equity and liabilities2,441.003,401.003,745.004,168.004,586.005,033.006,714.007,256.00
Equity1,411.001,663.001,870.002,163.002,500.002,912.003,263.003,549.00
Equity share capital270.00270.00271.00271.00271.00272.00272.00272.00
Other equity1,122.001,381.001,586.001,875.002,229.002,640.002,991.003,269.00
Total liabilities1,029.001,737.001,874.002,005.002,085.002,121.003,451.003,708.00
Non-current liabilities267.00569.00488.00492.00363.00399.00639.00896.00
Current liabilities763.001,168.001,386.001,513.001,722.001,722.002,812.002,812.00
Borrowings, non-current0.000.000.000.000.000.000.00143.00
Borrowings, current0.0049.00115.0045.0040.002.00147.00319.00
Trade payables142.00164.00249.00240.00291.00178.00287.00261.00

Cash flow, as filed

Line2022-09-302023-03-312023-09-302024-03-312024-09-302025-03-312025-09-302026-03-31
Net cash from operating activities104.00462.00477.001,002.00614.001,390.00390.001,195.00
Net cash from investing activities-26.00-202.00-401.00-564.00-368.00-630.00-609.00-1,186.00
Net cash from financing activities-102.00-183.00-57.00-240.00-181.00-342.00-82.0089.00
Purchase of property, plant and equipment68.00129.00100.00155.0090.00130.0076.00143.00
Net increase in cash-22.0077.0019.00201.0068.00419.00-296.0095.00
con:CFO.BEFORE_TAX150.00561.00547.001,139.00730.001,594.00518.001,409.00
con:INTEREST_RECEIVED.OPERATING0.000.000.000.000.000.000.000.00
con:INTEREST_PAID.OPERATING0.000.000.000.000.000.000.000.00
con:DIVIDENDS_RECEIVED.OPERATING0.000.000.000.000.000.000.000.00
con:TAX_PAID.OPERATING45.0099.0070.00137.00116.00205.00129.00214.00
con:CF_OTHER.OPERATING0.000.000.000.000.000.000.000.00
con:INVESTMENTS_PURCHASED175.000.000.000.000.000.000.0095.00
con:INVESTMENTS_SOLD179.000.000.003.000.000.000.000.00
con:PPE_DISPOSALS0.002.000.000.001.002.004.004.00
con:CF_INVESTING.SUBSIDIARIES_SOLD0.002.000.000.00-23.00-23.000.000.00
con:CF_INVESTING.SUBSIDIARIES_ACQUIRED31.00623.00326.00329.000.00200.00607.001,285.00
con:CF_INVESTING.JV_SOLD2.000.000.000.000.000.000.000.00
con:CF_INVESTING.JV_ACQUIRED0.000.000.000.000.000.000.000.00

Who owns it

The shareholding pattern filed with the exchange every quarter, as a series. Percentages are of total shares. Each figure names the filing it was read from and the date it was filed.

Holder2023-03-312023-06-302023-09-302023-12-312024-03-312024-06-302024-09-302024-12-312025-03-312025-06-302025-09-302025-12-312026-03-312026-06-30
Promoter and promoter group39.4939.4739.4739.4739.4739.4739.4739.4739.470.390.390.390.390.39
Domestic institutions12.3011.7812.2511.6114.0016.6517.5120.4121.300.220.240.250.250.24
Mutual funds—————————0.140.130.130.120.12
Insurance companies2.782.072.181.613.154.134.305.075.060.060.070.080.090.08
Foreign institutions23.4225.9125.6826.4923.9822.2320.9417.3617.180.150.140.140.130.13
Government—————————0.000.000.000.000.00
Public59.1359.2359.3859.4359.4659.5159.5659.6059.640.600.600.600.600.61
Non-institutional23.4121.5421.4521.3321.4820.6421.1121.8321.170.220.220.210.220.24
Shares outstanding274143808274143808274143808274143808274143808274143808274143808274143808274143808274143808274143808274143808274143808274143808

Related parties

Transactions with related parties as disclosed to the exchange for the period ending 2024-09-30, by counterparty, largest first. Amounts are as filed. Each row names the filing and the date it was filed.

CounterpartyRelationshipTypeAmount in the periodTransactions
KPIT Technologies LimitedHolding CompanyAdvance, Any other transaction, Sale of goods or ser13,217,850,000.0048
KPIT Technologies GmbH, GermanySubsidiary Companies (Indirect HolAdvance, Any other transaction, Interest paid, Inter7,308,700,000.0063
KPIT Technologies GK (Japan)Subsidiary Companies (Direct HoldiAdvance, Any other transaction, Interest paid, Sale 4,953,280,000.0025
KPIT Technologies Inc.Subsidiary Companies (Indirect HolAdvance, Any other transaction, Interest paid, Inter4,151,130,000.0040
MicroFuzzy Industrie-Elektronic GmbHSubsidiary CompanyAdvance, Any other transaction, Interest paid, Sale 2,019,700,000.0026
Qorix GmbHGroup EntityAny other transaction, Interest received, Investment1,951,280,000.0013
KPIT Technologies (UK) LimitedSubsidiary Companies (Direct HoldiAdvance, Any other transaction, Interest paid, Sale 1,431,180,000.0029
Technica Engineering GmbHGroup EntityAny other transaction, Interest paid, Purchase of go1,382,640,000.0018
KPIT Technology S.A.S.Group EntityAdvance, Any other transaction, Interest received, S1,154,560,000.0023
PathPartner Technology Private LimitedDirector of private companyAdvance, Any other transaction, Sale of goods or ser458,310,000.0018
Primatec SarlPartnerAny other transaction415,950,000.001
Proficient Finstock LLPA firm, in which a director is a pDividend paid408,760,000.001
Technica Electronics Barcelona S.L.Subsidiary Companies (Indirect HolAny other transaction304,990,000.002
Technica Engineering Inc.Subsidiary CompanyAny other transaction, Sale of goods or services300,630,000.004
KPIT Technologies Netherlands B.V.Subsidiary Companies (Direct HoldiAdvance, Any other transaction, Interest paid, Sale 231,530,000.0020

What management said

Every earnings call we hold for this company, read in full. Prepared remarks are separated from the question-and-answer session and every paragraph names who said it and on which page. These are management’s own words, not filed figures.

DateQuarterWho spoke
2026-08-04Q1FY27Read the call
2026-05-13Q4FY26Read the call
2026-02-06Q3FY26MANAGING DIRECTOR, OFFICER AND MANAGING DIRECTOR, OPERATING OFFICERRead the call
2025-11-17Q2FY26BOARD MEMBER, MANAGING DIRECTOR, OFFICER, OFFICER AND MANAGING DIRECTORRead the call
2025-08-06Q1FY26KP 11·Read the call
2025-05-06Q4FY25KPIT TECHNOLOGIES LIMITED, TECHNOLOGIES LIMITEDRead the call
2025-02-04Q3FY25Read the call
2024-10-29Q2FY25KPIT TECHNOLOGIES LIMITEDRead the call
2024-07-29Q1FY25MANAGING DIRECTOR, OFFICER &MANAGING DIRECTORRead the call
2024-05-03Q4FY24Officer, and Managing DirectorRead the call
2024-02-02Q3FY24KP 11·Read the call
2023-11-03Q2FY24Read the call
2023-08-01Q1FY24Kishor Patil:, have already been done.Read the call
2023-05-02Q4FY23Read the call
2023-02-07Q3FY23KPIT, KPIT TECHNOLOGIES LIMITED, TECHNOLOGYRead the call

What they said about it, quarter by quarter

TopicQ3FY23Q3FY24Q3FY25Q3FY26Q4FY23Q4FY24Q4FY25Q4FY26
Capex————So, if you look at this year, we have said there were some pay-outs that, we have done already for the acquisitions that we have made, and there are d…———
Capital allocationThe context there is the Technica acquisition.——And with the acquisition of Caresoft business, we are also ready to help the OEMs reduce their product cost.So, could I just understand what would be driving this, our technical acquisition, Technical seems to have positive seasonality in Q3 and Q4, the seco…And this would take the dividend to a total dividend of Rs.On the basis of the results that we have, we are proposing a dividend for the AGM at INR6 per share.On the mechanical side, I think the Caresoft acquisition, when we did, I think there are two things.
Costs—————They look at how much, if I have to say, they can create a sustainable solution by given limited raw material.——
Debt and cash—KPIT Technologies Limited January 30, 2024 there has been a certain element of additional interest on a little bit of working capital that we used for…———Our increase in KPIT Technologies Limited April 29, 2024 profitability was also matched with increase in the cash flow, although I must add that durin…——
DemandHowever, if you take the year as a period and you will see it going forward you will see a growth across all the three geographies and all our pipelin…We have a healthy pipeline, but during this quarter, we closed $189 million new closures in terms of new wins.But between US and Europe, where do you see the demand from clients coming back sooner than later based on our client conversations?So, first question is, when we are speaking about the solution, is it applicable to the existing order book or existing pipeline that we are having?One was on the deal pipeline, like we obviously have won few large deals last year, but how are things here at the end of fourth quarter versus, say, …And second is how does the large deal pipeline look like?I think in a quarter or 2, anything happens, but we have already mentioned that in the pipeline we have, the largest pipeline we have is from Europe.I mean, it will be, I mean, we are… so there are two things I want to say is these clients We already have more pipeline We are going for some more wo…
GuidanceThe drop while we do not publish the number, I may say that the drop is about 3% quarter-on-quarter and we expect that to at least have that kind of l…So overall, we are very confident about the guidance we have given.Do we expect anything in revenue to contribute in FY '26 in KPIT's books?So, do we expect to gain market share from our peers given our solutions or you expect that could the outsourcing of work increase from OEMs versus th…I just wanted to ask around our margin guidance of 20%.And my last question is just specific to the announcement you made on the margin guidance.We had given a certain revenue guidance, which we are within that.When do we expect these things to get normalized, and we can expect some incremental contribution on the Qorixpart?
MarginSo our profits first time crossed Rs.100 Crores mark for the quarter and our EBITDA remained at 18.5%.Our EBITDA grew from 20% last quarter to 20.6% this quarter, driven more by operational efficiency.Just one question on the margin front, considering a significant part of our acceleration is coming from the ROW geography, which is on the lower marg…—So, what margin levels do we have going ahead?At the beginning of this period, our quarterly EBITDA was Rs.April 28, 2025 I believe that the growth in quarter-on-quarter EBITDA as well as on net profit has been quite healthy.So just want to understand on an annual basis, what is the gap in revenue that has to be covered with these newly acquired accounts to do the growth a…
PeopleLooking at the people side there is a significant drop in the attrition which we have experienced for last two quarters consistently.Headcount, net headcount has gone up by 756 during the quarter, and that demonstrates our strong hiring and continued strong hiring.If you look at the last December, the same time, our headcount is almost same, only 50 people are more as compared over the year.—And how do you see utilization levels to this year?At a time when retention has been a problem, our attrition levels for the best of our people has been in higher single digits.It is in terms of hiring the team, then we are also building solutions as I said, AI is not just AI because that any company can come up with.—
Pricing—So I just wanted to understand the kind of contracts that we are getting into -- does it involve an outcome-based pricing, and therefore, implies cert…——So, our revenue per development employee for this quarter has jumped significantly and if I look at it historically, we have been at $50,000 and now i…—Or is there maybe sort of a pause on sort of pricing trends as well?—
Revenue growthFebruary 01, 2023 So coming back to the Q3 results, in Q3 FY2023 we had a year-on-year constant currency growth of 44.7% and 19.3% quarter-on-quarter.In terms of dividend, we have a given the interim dividend of INR2.1 per share from INR1.45 per share last year, which is in line with the profit grow…And how are we seeing that in -- how it will be reflecting in the top line.Are we looking at accelerated revenue growth, maybe a few years down the line, or maybe better margins?—So, beginning with Q4 of FY’19, when we took this, I should say, momentous decision, when our quarterly top line was $71 million, now we are at $160 m…If one were to look at the year part, on a constant currency basis, the top line growth has been 18.7%.—

What they said they would do

Sentences in which management set an expectation. Each names the speaker and the page of the transcript it came from.

DateQuarterWhoWhat they said
2023-02-07Q3FY23KPIT TECHNOLOGIES LIMITEDThe drop while we do not publish the number, I may say that the drop is about 3% quarter-on-quarter and we expect that to at least have that kind of lower attrition to continue over the next quarter if not drop further.
2023-08-01Q1FY24Kishor Patil:In terms of next year, we continue with our guidance of constant currency growth of 27% to 30%, EBITDA in the range of 19% to 20%.