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KPIT

KPIT Technologies NSEI:KPITTECH Stock Report

Last Price

₹504.40

Market Cap

₹133.5b

7D

11.0%

1Y

105.8%

Updated

27 Jun, 2022

Data

Company Financials +
KPITTECH fundamental analysis
Snowflake Score
Valuation0/6
Future Growth4/6
Past Performance6/6
Financial Health5/6
Dividends3/6

KPITTECH Stock Overview

KPIT Technologies Limited, a technology company, provides engineering, embedded software, artificial intelligence, and digital solutions for the automobile and mobility sector in the Americas, the United Kingdom, Europe, and internationally.

KPIT Technologies Competitors

Price History & Performance

Summary of all time highs, changes and price drops for KPIT Technologies
Historical stock prices
Current Share Price₹504.40
52 Week High₹801.00
52 Week Low₹241.25
Beta1.71
1 Month Change5.94%
3 Month Change-11.89%
1 Year Change105.79%
3 Year Change414.96%
5 Year Changen/a
Change since IPO385.23%

Recent News & Updates

Jun 15
What Does KPIT Technologies Limited's (NSE:KPITTECH) Share Price Indicate?

What Does KPIT Technologies Limited's (NSE:KPITTECH) Share Price Indicate?

While KPIT Technologies Limited ( NSE:KPITTECH ) might not be the most widely known stock at the moment, it received a...

May 04
Does KPIT Technologies (NSE:KPITTECH) Deserve A Spot On Your Watchlist?

Does KPIT Technologies (NSE:KPITTECH) Deserve A Spot On Your Watchlist?

Like a puppy chasing its tail, some new investors often chase 'the next big thing', even if that means buying 'story...

Mar 08
Is Now An Opportune Moment To Examine KPIT Technologies Limited (NSE:KPITTECH)?

Is Now An Opportune Moment To Examine KPIT Technologies Limited (NSE:KPITTECH)?

KPIT Technologies Limited ( NSE:KPITTECH ), is not the largest company out there, but it led the NSEI gainers with a...

Shareholder Returns

KPITTECHIN SoftwareIN Market
7D11.0%2.0%2.3%
1Y105.8%13.1%-0.9%

Return vs Industry: KPITTECH exceeded the Indian Software industry which returned 13.1% over the past year.

Return vs Market: KPITTECH exceeded the Indian Market which returned -0.9% over the past year.

Price Volatility

Is KPITTECH's price volatile compared to industry and market?
KPITTECH volatility
KPITTECH Average Weekly Movement7.3%
Software Industry Average Movement8.5%
Market Average Movement6.9%
10% most volatile stocks in IN Market9.9%
10% least volatile stocks in IN Market4.5%

Stable Share Price: KPITTECH is not significantly more volatile than the rest of Indian stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: KPITTECH's weekly volatility (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
20186,638Kishor Patilhttps://www.kpit.com

KPIT Technologies Limited, a technology company, provides engineering, embedded software, artificial intelligence, and digital solutions for the automobile and mobility sector in the Americas, the United Kingdom, Europe, and internationally. The company offers autonomous driving and ADAS solutions, including system engineering, functional safety, multicore engineering, feature development, annotation and labeling, semantic segmentation, multi sensor, data analytics, feature validation, and virtual and closed loop simulation solutions; and electric and conventional powertrain solutions comprising production software/function development, model based system engineering, verification and validation, calibration, engineering tools development, process and continuous integration, battery management systems, power electronics for HEV/EVs, controls strategy and development for HEV/EV, and functional safety. It also operates vehicle infotainment platform and infotainment connectivity platform for connected vehicles; and K-DCP engineering toolchain, K-DCP aftersales suite, K-DCP connected diagnostics solutions, and K-DCP business integration and related services.

KPIT Technologies Fundamentals Summary

How do KPIT Technologies's earnings and revenue compare to its market cap?
KPITTECH fundamental statistics
Market Cap₹133.50b
Earnings (TTM)₹2.74b
Revenue (TTM)₹24.37b

49.5x

P/E Ratio

5.6x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
KPITTECH income statement (TTM)
Revenue₹24.37b
Cost of Revenue₹16.11b
Gross Profit₹8.27b
Other Expenses₹5.53b
Earnings₹2.74b

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)10.19
Gross Margin33.92%
Net Profit Margin11.25%
Debt/Equity Ratio0.2%

How did KPITTECH perform over the long term?

See historical performance and comparison

Dividends

0.7%

Current Dividend Yield

30%

Payout Ratio
We’ve recently updated our valuation analysis.

Valuation

Is KPITTECH undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • PEG Ratio

Key Valuation Metric

Which metric is best to use when looking at relative valuation for KPITTECH?

Other financial metrics that can be useful for relative valuation.

KPITTECH key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue5.2x
Enterprise Value/EBITDA28.4x
PEG Ratio2.6x

Price to Earnings Ratio vs Peers

How does KPITTECH's PE Ratio compare to its peers?

KPITTECH PE Ratio vs Peers
The above table shows the PE ratio for KPITTECH vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average36.2x
BSOFT Birlasoft
22.5x17.0%₹100.9b
532175 Cyient
16.7x12.7%₹86.3b
500408 Tata Elxsi
90.5x18.7%₹484.7b
540900 Newgen Software Technologies
15.1x12.1%₹24.7b
KPITTECH KPIT Technologies
49.5x19.2%₹133.5b

Price-To-Earnings vs Peers: KPITTECH is expensive based on its Price-To-Earnings Ratio (49.5x) compared to the peer average (36.2x).


Price to Earnings Ratio vs Industry

How does KPITTECH's PE Ratio compare vs other companies in the IN Software Industry?

Price-To-Earnings vs Industry: KPITTECH is expensive based on its Price-To-Earnings Ratio (49.5x) compared to the Indian Software industry average (26x)


Price to Earnings Ratio vs Fair Ratio

What is KPITTECH's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

KPITTECH PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio49.5x
Fair PE Ratio32.9x

Price-To-Earnings vs Fair Ratio: KPITTECH is expensive based on its Price-To-Earnings Ratio (49.5x) compared to the estimated Fair Price-To-Earnings Ratio (32.9x).


Share Price vs Fair Value

What is the Fair Price of KPITTECH when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: KPITTECH (₹504.4) is trading above our estimate of fair value (₹242.41)

Significantly Below Fair Value: KPITTECH is trading above our estimate of fair value.


Price to Earnings Growth Ratio

PEG Ratio: KPITTECH is poor value based on its PEG Ratio (2.6x)


Discover undervalued companies

Future Growth

How is KPIT Technologies forecast to perform in the next 1 to 3 years based on estimates from 8 analysts?

Future Growth Score

4/6

Future Growth Score 4/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


19.2%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: KPITTECH's forecast earnings growth (19.2% per year) is above the savings rate (6.7%).

Earnings vs Market: KPITTECH's earnings (19.2% per year) are forecast to grow faster than the Indian market (17.4% per year).

High Growth Earnings: KPITTECH's earnings are forecast to grow, but not significantly.

Revenue vs Market: KPITTECH's revenue (15.7% per year) is forecast to grow faster than the Indian market (11.5% per year).

High Growth Revenue: KPITTECH's revenue (15.7% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: KPITTECH's Return on Equity is forecast to be high in 3 years time (25.9%)


Discover growth companies

Past Performance

How has KPIT Technologies performed over the past 5 years?

Past Performance Score

6/6

Past Performance Score 6/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


41.3%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: KPITTECH has high quality earnings.

Growing Profit Margin: KPITTECH's current net profit margins (11.3%) are higher than last year (7.2%).


Past Earnings Growth Analysis

Earnings Trend: KPITTECH's earnings have grown significantly by 41.3% per year over the past 5 years.

Accelerating Growth: KPITTECH's earnings growth over the past year (87.7%) exceeds its 5-year average (41.3% per year).

Earnings vs Industry: KPITTECH earnings growth over the past year (87.7%) exceeded the Software industry 31.3%.


Return on Equity

High ROE: KPITTECH's Return on Equity (20.8%) is considered high.


Discover strong past performing companies

Financial Health

How is KPIT Technologies's financial position?

Financial Health Score

5/6

Financial Health Score 5/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: KPITTECH's short term assets (₹15.1B) exceed its short term liabilities (₹7.1B).

Long Term Liabilities: KPITTECH's short term assets (₹15.1B) exceed its long term liabilities (₹3.0B).


Debt to Equity History and Analysis

Debt Level: KPITTECH has more cash than its total debt.

Reducing Debt: Insufficient data to determine if KPITTECH's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: KPITTECH's debt is well covered by operating cash flow (18410.5%).

Interest Coverage: KPITTECH earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


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Dividend

What is KPIT Technologies's current dividend yield, its reliability and sustainability?

Dividend Score

3/6

Dividend Score 3/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage


0.73%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: KPITTECH's dividend (0.73%) is higher than the bottom 25% of dividend payers in the Indian market (0.43%).

High Dividend: KPITTECH's dividend (0.73%) is low compared to the top 25% of dividend payers in the Indian market (1.89%).


Stability and Growth of Payments

Stable Dividend: Whilst dividend payments have been stable, KPITTECH has been paying a dividend for less than 10 years.

Growing Dividend: KPITTECH's dividend payments have increased, but the company has only paid a dividend for 3 years.


Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (30.5%), KPITTECH's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its low cash payout ratio (24.5%), KPITTECH's dividend payments are well covered by cash flows.


Discover strong dividend paying companies

Management

How experienced are the management team and are they aligned to shareholders interests?

3.4yrs

Average management tenure


CEO

Kishor Patil (59 yo)

3.42yrs

Tenure

₹31,290,000

Compensation

Mr. Kishor Parshuram Patil, Esq., C.A., has been the Chief Executive Officer and Managing Director of KPIT Technologies Limited (f.k.a. KPIT Engineering Limited) since January 16, 2019 and has been its Dir...


CEO Compensation Analysis

Compensation vs Market: Kishor's total compensation ($USD399.77K) is about average for companies of similar size in the Indian market ($USD460.75K).

Compensation vs Earnings: Kishor's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: KPITTECH's management team is considered experienced (3.4 years average tenure).


Board Members

Experienced Board: KPITTECH's board of directors are considered experienced (3.4 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

KPIT Technologies Limited's employee growth, exchange listings and data sources


Key Information

  • Name: KPIT Technologies Limited
  • Ticker: KPITTECH
  • Exchange: NSEI
  • Founded: 2018
  • Industry: Systems Software
  • Sector: Software
  • Implied Market Cap: ₹133.499b
  • Shares outstanding: 269.04m
  • Website: https://www.kpit.com

Number of Employees


Location

  • KPIT Technologies Limited
  • Rajiv Gandhi Infotech Park
  • Plot-17, SEZ Unit
  • Pune
  • Maharashtra
  • 411057
  • India

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/06/27 00:00
End of Day Share Price2022/06/27 00:00
Earnings2022/03/31
Annual Earnings2022/03/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.