KPIT Q1FY2027 Performance Overview

8.9%
Q1FY27 with ₹ YoY Growth of 8.9%
Revenue

YoY CC Revenue growth of 0.1%
YoY $ Revenue decline of 0.6%
QoQ CC Revenue decline of 3.6%

17.2%
Q1FY27 EBITDA
Profits

Q1FY27 EBITDA at 17.2%
Q1FY27 EBIT at 12.3%
Q1FY27 PAT at ₹ 1.17 Billion

₹ 9.0 Bn
Q1FY27 closing net cash
Cash and DSO

Healthy Cash Generation continues.
Net cash at ₹ 9.0 Bn as at quarter end Q1FY27 DSO stood at 51 days

$ 257M
$ 257M worth engagements closed in Q1FY27
Wins and Pipeline

Pipeline continues to be satisfactory, Healthy growth in Products & Solutions pipeline

Performance Highlights

Revenue

Q1FY27 Revenue Stood at $ 176.8M | Decent growth in the US geography and After Sales and Vehicle Engg. & Design practices | Healthy traction in products and solutions

Margins

Q1FY27 EBITDA margins impacted due to revenue reduction | Hereafter margins will improve successively every quarter, aided by revenue mix and growth and AI led productivity gains

Profitability

Q1FY27 results include forex loss of ₹ 163M as against ₹ 312M in Q4FY26. | Share of loss from Qorix at ₹ 140M – bigger loss due to revenue postponement

Cash

Robust Cash Conversion continued in Q1FY27. | Net Cash at ₹ 9.0B as against ₹ 9.6B last quarter | DSO stood at 51 days

Management Quotes

“The Q1FY27 performance has been slightly ahead of the outlook we shared at the end of the quarter. While a few of our largest clients continue to face pressures, the strategy we have pursued to diversify our growth across clients, geographies, mobility segments and offerings is beginning to demonstrate its resilience. AI-led products and solutions have become a common thread across our portfolio, and we are seeing encouraging traction across AI defined mobility, vehicle engineering, digital cockpit, autonomous technologies and aftersales. We believe our focused investments, differentiated capabilities and trusted client relationships position us well to return to stronger growth in H2FY27 and beyond. We have successfully navigated similar industry cycles before and remain confident in our strategy, execution and long-term direction.”

Kishor Patil

Co-founder, CEO and MD, KPIT

“Our priority is disciplined execution of the strategy across every growth lever. We are expanding our presence in high-growth client accounts, accelerating momentum in trucks and off-highway, building relationships with new passenger vehicle manufacturers, strengthening our leadership in AI-defined vehicles, and embedding AI-led products and solutions across our offerings and client engagements. At the same time, we continue to deepen our capabilities in vehicle engineering, propulsion, diagnostics, cybersecurity and aftersales software. The encouraging progress across these growth vectors, together with disciplined execution, gives us confidence that we are steadily building a broader, more resilient and more predictable growth engine, creating the foundations for sustainable, profitable growth.”

Sachin Tikekar

Co-founder and Joint MD, KPIT

New Engagements

Strong Wins - TCV of new engagements won during Q1FY27 : $ 257 million

A Leading European Car Manufacturer selected KPIT for strategic engagements in the connected vehicle and digital cockpit areas.
Multiple engagements in after sales, connected, cybersecurity and powertrain domains for a leading American Car Manufacturer.
Multiple engagements in powertrain, vehicle engineering and after sales domains with a leading American CV Manufacturer.
Strategic engagements in the autonomous, vehicle engineering and middleware domains with a leading European CV OEM.
A leading European Car Manufacturer selected KPIT for multiple engagements in the connected and autonomous domains.
Strategic engagements in the autonomous and connected domains with a leading Asian Car Manufacturer.

Frequently Asked Questions

When was KPIT incorporated?

Since last 25 years, KPIT Technologies has been working with mobility and automotive companies, providing technology solutions for making mobility cleaner, smarter and safer. In Jan-2018, KPIT announced a restructure to merge with Birlasoft and then demerge to focus only the Mobility and the Automotive sector. This entity was hence incorporated as a public limited company on 8th January, 2018 under the Companies Act, 2013. On March 13, 2019, name of the company changed from “KPIT Engineering Limited” to “KPIT Technologies Limited”.

Where is KPIT's registered office located?

The registered office of the company is located at: Plot No. 17, Rajiv Gandhi Infotech Park Phase III, MIDC - SEZ, Hinjawadi Pune - 411 057, India Tel: +91 20 6770 6000

Who are the founder members of the company?

The founder members of KPIT are Mr. Ravi Pandit and Mr. Kishor Patil

What is the vision & mission statement of the company?

Reimagining mobility with you for creation of a cleaner, smarter & safer world

What are the areas of operations of the company?

KPIT specializes in embedded software, AI & digital solutions for the automotive and mobility industry enabling its customers accelerate implementation of next generation mobility technologies.

How many software development centers does KPIT have?

KPIT has software development centers located in Pune, Bangalore, Mumbai, Noida, Chennai (India), Munich (Germany), Raleigh (US) and Folsom (US). We have 31 global offices across 16 countries.

When did the company have its IPO and at what price?

The Company is in the process of filing the listing application with stock exchanges. This section will be available for investors once the Company is listed with the stock exchanges.

What is the name & address of the compliance officer of the company?

Ms. Nida Deshpande is the Compliance Officer/Company Secretary of KPIT.

Whom do I contact in case of non-receipt of dividend, loss of share certificates, etc.?

Please contact the Company Secretary on the above-mentioned address

I want to know more about KPIT and its operations.

You can get in touch with Mr. Sunil Phansalkar from the investor relations team at sunil.phansalkar@kpit.com

Your feedback form has been submitted successfully!

Subscribe Now