KPIT Technologies Limited

NSEI:KPITTECH Stock Report

Market Cap: ₹393.6b

KPIT Technologies Valuation

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

Valuation Score

1/6

Valuation Score 1/6

  • 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 (₹1451.25) is trading above our estimate of fair value (₹472.32)

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 Ratio54.1x
Earnings₹7.28b
Market Cap₹393.60b

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 Average65.3x
500408 Tata Elxsi
52.8x13.1%₹431.2b
NEWGEN Newgen Software Technologies
75.6x21.1%₹220.2b
BSOFT Birlasoft
25.8x12.2%₹159.6b
QUICKHEAL Quick Heal Technologies
107xn/a₹34.6b
KPITTECH KPIT Technologies
54.1x16.6%₹393.6b

Price-To-Earnings vs Peers: KPITTECH is good value based on its Price-To-Earnings Ratio (54.1x) compared to the peer average (65.3x).

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
0.4xn/aUS$8.04m
No more companies available in this PE range
KPITTECH 54.1xIndustry Avg. 39.9xNo. of Companies10PE020406080100+
1 CompanyEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: KPITTECH is expensive based on its Price-To-Earnings Ratio (54.1x) compared to the Indian Software industry average (39.9x).

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 Ratio54.1x
Fair PE Ratio40.1x

Price-To-Earnings vs Fair Ratio: KPITTECH is expensive based on its Price-To-Earnings Ratio (54.1x) compared to the estimated Fair Price-To-Earnings Ratio (40.1x).

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₹1,451.25
₹1,737.17
+19.7%
12.5%₹2,040.00₹1,150.00n/a18
Dec ’25₹1,368.80
₹1,782.50
+30.2%
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₹740.00₹1,368.8013
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

Analyst Forecast: Target price is less than 20% higher than the current share price.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/21 21:23
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2024/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

KPIT Technologies Limited is covered by 27 analysts. 18 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Moez ChandaniAmbit Capital
Jayalaxmi GuptaAnand Rathi Shares and Stock Brokers Limited
Mohit JainAnand Rathi Shares and Stock Brokers Limited