Reported $ Revenue Growth of 19.5% Volume growth of ~28% driven by higher offshore
CC Revenue Growth of 21% Y-o-Y, 5.2% Q-o-Q $ Revenue Growth of 17% Y-o-Y and 4.1% Q-o-Q
Net Profit at ₹ 789 million Net Profit growth of 50% # Y-o-Y, 12.7% Q-o-Q
(# 68% excluding One time tax gain in Q4FY21)
CC Revenue growth in the range of 18% to 21% EBITDA margin to be in the range of 18% to 19% Volume Growth in the range of 25%
Sequential CC growth of 5.2% led by Autonomous and Connected domains. Broad based growth across commercial vehicles and passenger car verticals. Q4 was another good quarter in terms of deal closures.
EBITDA expansion of 10 bps despite supply side constraints and fresher additions. Offshore has consistently increased in FY22; ~ 10% over FY21, resulting in higher volume growth and improved margins
Sequential double digit net profit growth aided by improvement in operating margins and higher other income. ETR for the quarter lower as a one-time impact. FY22 EPS at 10.05.
High cash conversion continued post dividend payout, with DSO at 53 days. Net Cash at quarter end ₹ 10.3 billion. 13th consecutive quarter of increase in net cash. Final Dividend of ₹ 1.85/share. Total FY22 Dividend ₹ 3.10/share
FY22 was a year of resurgence in many ways, and I am happy with the way we have emerged stronger. The transformation in the Mobility Industry is pointing towards Software Defined Vehicles, aiming for a larger goal of sustainability for all. We have been working in these areas for over 2 decades and will be a major contributor towards this transformation with our expertise and dependability. We are committed towards achieving our Vision of creating a Cleaner, Safer and Smarter World.
Co-founder and Chairman, KPIT
We have delivered seven sequential quarters of healthy growth and steady margin expansion. The Mobility Industry is investing heavily in CASE and architectural changes to make Software Defined Vehicle a reality. We are witnessing elevated interests from clients to engage in these areas. This gives us great visibility of robust demand for the next 4-5 years. On the back of this, we expect to deliver CC growth of 18%-21% in FY23 with EBITDA margins between 18%-19%. FY23 Volume growth is expected to be ~25%.
Co founder, CEO and MD, KPIT
The Mobility Industry transformation is seen in both passenger car and commercial vehicle verticals. This is creating demand much higher than supply. We thus, will have a sharper focus on talent attraction, development and retention. We will continue to invest in the right technologies and partnerships to help us deliver value to our clients, making them successful in their transformation. We start FY23 on the back of closure of key strategic, long-term engagements with our T25 clients, giving us clear visibility for another year of profitable growth.
Co-founder and Joint MD, KPIT
80%+ of revenue expected to be delivered over next 5 years
A leading American car manufacturer selected KPIT for an engagement in the powertrain virtualization domain
A leading European car manufacturer selected KPIT for multiple engagements in the AUTOSAR and vehicle diagnostics domains
A leading American commercial vehicles manufacturer selected KPIT for a program in the vehicle engineering domain
A leading Asian car manufacturer selected KPIT for multiple programs in the connected vehicles and autonomous driving domains
A leading American Tier I selected KPIT for multiple engagements in the autonomous driving domain
Plot Number-17,
Rajiv Gandhi Infotech Park,
MIDC-SEZ, Phase-III,
Hinjawadi, Pune – 411057
Phone: +91 20 6770 6000
Frankfurter Ring 105b,80807
Munich, GERMANY
Phone: +49 89 3229 9660
Fax: +49 89 3229 9669 99
