KPIT Technologies Limited

NSEI:KPITTECH Stock Report

Market Cap: ₹354.0b

KPIT Technologies Valuation

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

Valuation Score

2/6

Valuation Score 2/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

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 (₹1290.2) is trading above our estimate of fair value (₹478.05)

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

Key Valuation Metric

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

Key metric: As KPITTECH is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for KPITTECH. This is calculated by dividing KPITTECH's market cap by their current earnings.
What is KPITTECH's PE Ratio?
PE Ratio48.1x
Earnings₹7.28b
Market Cap₹353.99b

Price to Earnings Ratio vs Peers

How does KPITTECH's PE Ratio compare to its 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.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average55.6x
500408 Tata Elxsi
49.5x13.1%₹407.9b
NEWGEN Newgen Software Technologies
52.9x21.1%₹155.3b
BSOFT Birlasoft
24.4x12.2%₹152.7b
QUICKHEAL Quick Heal Technologies
95.8xn/a₹31.5b
KPITTECH KPIT Technologies
48.1x16.5%₹354.0b

Price-To-Earnings vs Peers: KPITTECH is good value based on its Price-To-Earnings Ratio (48.1x) compared to the peer average (55.6x).

Price to Earnings Ratio vs Industry

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

1 CompanyPrice / EarningsEstimated GrowthMarket Cap
CLOUD Varanium Cloud
0.3xn/aUS$7.58m
No more companies available in this PE range
KPITTECH 48.1xIndustry Avg. 33.5xNo. of Companies10PE020406080100+
1 CompanyEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: KPITTECH is expensive based on its Price-To-Earnings Ratio (48.1x) compared to the Indian Software industry average (33.5x).

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 Ratio48.1x
Fair PE Ratio39.6x

Price-To-Earnings vs Fair Ratio: KPITTECH is expensive based on its Price-To-Earnings Ratio (48.1x) compared to the estimated Fair Price-To-Earnings Ratio (39.6x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst KPITTECH forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current₹1,290.20
₹1,782.50
+38.2%
13.4%₹2,216.00₹1,150.00n/a18
Nov ’25₹1,424.25
₹1,782.50
+25.2%
13.4%₹2,216.00₹1,150.00n/a18
Oct ’25₹1,672.50
₹1,939.65
+16.0%
16.1%₹2,290.00₹1,050.00n/a17
Sep ’25₹1,815.15
₹1,937.44
+6.7%
16.2%₹2,216.00₹1,050.00n/a16
Aug ’25₹1,840.45
₹1,934.94
+5.1%
17.1%₹2,216.00₹1,050.00n/a16
Jul ’25₹1,662.80
₹1,650.07
-0.8%
16.1%₹2,030.00₹1,050.00n/a14
Jun ’25₹1,457.25
₹1,643.64
+12.8%
15.8%₹2,030.00₹1,050.00n/a14
May ’25₹1,494.20
₹1,656.43
+10.9%
16.5%₹2,030.00₹1,050.00n/a14
Apr ’25₹1,488.75
₹1,583.36
+6.4%
18.8%₹2,025.00₹1,000.00n/a14
Mar ’25₹1,578.65
₹1,583.36
+0.3%
18.8%₹2,025.00₹1,000.00n/a14
Feb ’25₹1,524.65
₹1,540.21
+1.0%
19.3%₹1,930.00₹1,000.00n/a14
Jan ’25₹1,490.50
₹1,291.23
-13.4%
20.3%₹1,710.00₹740.00n/a13
Dec ’24₹1,483.05
₹1,291.23
-12.9%
20.3%₹1,710.00₹740.00n/a13
Nov ’24₹1,213.85
₹1,268.83
+4.5%
19.7%₹1,655.00₹740.00₹1,424.2512
Oct ’24₹1,152.30
₹1,007.82
-12.5%
22.7%₹1,270.00₹540.00₹1,672.5011
Sep ’24₹1,200.70
₹1,007.82
-16.1%
22.7%₹1,270.00₹540.00₹1,815.1511
Aug ’24₹1,092.40
₹987.80
-9.6%
23.0%₹1,270.00₹540.00₹1,840.4510
Jul ’24₹1,089.80
₹894.20
-17.9%
18.9%₹1,100.00₹540.00₹1,662.8010
Jun ’24₹1,100.30
₹894.20
-18.7%
18.9%₹1,100.00₹540.00₹1,457.2510
May ’24₹916.80
₹864.27
-5.7%
21.7%₹1,100.00₹540.00₹1,494.2011
Apr ’24₹925.10
₹786.00
-15.0%
23.0%₹1,060.00₹520.00₹1,488.7510
Mar ’24₹844.00
₹772.22
-8.5%
18.0%₹990.00₹565.00₹1,578.659
Feb ’24₹742.60
₹717.38
-3.4%
18.8%₹990.00₹540.00₹1,524.658
Jan ’24₹704.25
₹688.63
-2.2%
18.8%₹930.00₹540.00₹1,490.508
Dec ’23₹712.50
₹681.33
-4.4%
18.2%₹930.00₹540.00₹1,483.059
Nov ’23₹717.35
₹678.00
-5.5%
17.8%₹930.00₹540.00₹1,213.859

Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.

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