KPIT Technologies Ltd.
Snapshot View

285.25 +11.20 ▲4.1%

23 July 2021, 04:00:00 P.M.
Volume: 234,141

Overview View Details

Sector Information Technology Compare with Sector peers
Industry IT - Software Compare with Industry peers
Website http://www.kpit.com
Financial Indicators
Market Cap 7,819.95 Cr.
Earnings per share (EPS) 5.12 Trailing Twelve Months Ending 2021-03
Price-Earning Ratio (PE) 55.69 Trailing Twelve Months Ending 2021-03
Industry PE 32.35 Trailing Twelve Months Ending 2021-03
Book Value / Share 43.92 Trailing Twelve Months Ending 2021-03
Price to Book Value 6.49 Calculated using Price: 285.25
Dividend Yield 0.53 Period Ending 2020-03
No. of Shares Subscribed 27.41 Cr. 274,143,808 Shares
FaceValue 10
Company Profile

KPIT Technologies is a global technology company with software solutions that will help mobility leapfrog towards autonomous, clean, smart and connected future. With thousands of Automobelievers across the globe, specializing in embedded software, AI & Digital solutions, KPIT enables customers accelerate implementation of next generation mobility technologies. With development centers in Europe, USA, Japan, China, Thailand and India. KPIT works with leaders in mobility and is present where the ecosystem is transforming.

On January 29, 2018, the company had announced a transaction of merger and demerger involving KPIT and Birlasoft. Birlasoft is a part of the $1.6 billion diversified CK Birla Group.

The NCLT (National Company Law Tribunal) directed EGM for seeking shareholder approval for the Merger Demerger Scheme (“Composite Scheme”) was scheduled on August 29, 2018. The shareholders overwhelmingly approved the scheme for the merger of Birlasoft with KPIT and the simultaneous demerger of Engineering business into a new company, to create two public companies.

The Mumbai Bench of NCLT vide its order dated November 29, 2018 approved the Composite Scheme. The written order was received by KPIT on December 18, 2018. The appointed date for the scheme was January 01, 2019 and the effective date was January 15, 2019.

Thus, the Composite Scheme approval by the NCLT resulted in the formation of two companies:

  • KPIT Technologies Limited, a global leader in Automotive Engineering and Mobility Solutions, which evolved from the existing Engineering Business of KPIT.
  • Birlasoft Limited, a new Digital Business IT Services company, focusing on the mid-tier IT space formed by combining Birlasoft with the erstwhile KPIT IT business.

Business area of the company

The company helps its customers to go from design to production. The company’s offerings include solutions centered on software design, development and validation. Its solutions are knowledge intensive. The company leverages platforms, tools and accelerators that enable re-use and faster time to market.

Solutions offered by the company:

  • Autonomous Driving & ADAS
  • Electric & Conventional Powertrain
  • Connected Vehicles
  • Vehicle Diagnostics
  • AUTOSAR
  • Mechatronics

Geographical presence

KPIT in Europe: KPIT Technologies GMBH is a subsidiary of KPIT Technologies in Europe. KPIT GMBH is headquartered in Munich, Germany and strategically setup to drive new technologies, innovation from Germany.

KPIT in US: KPIT Technologies Inc. (US subsidiary of KPIT Technologies Ltd, Headquartered in Novi, Michigan) is a company specialized into six areas of automotive technologies: Autonomous Driving, Conventional and Electric Powertrain, Connected Vehicles, Vehicle Diagnostics, AUTOSAR and Mechatronics.

KPIT in JKC - Japan, Korea, China: The only company with a sharp focus on Automotive Engineering segment through a combination of IP and Services offerings, engaged on large global programs with leading OEM, T1 and Semiconductor companies, invites you to be a part of some of the best, cutting edge technologies within AD/ADAS, Powertrain, AUTOSAR and Connected Vehicles.

KPIT in Thailand: Located in central Bangkok; E-mobility partner for Asian OEMs, Thai Government; Engineering hub.

Awards & recognition:

2018-19:

  • KPIT won the ‘Frost & Sullivan India Best Practices Award 2018’ in the Category - India Shared Mobility Solutions Visionary Innovation Leadership Award.
  • KPIT won the award in EMobility India Week 2018 under the award category- Electric Vehicle IT Innovation of the year Award.
  • KPIT has been recognized with two Manufacturing Leadership Awards by Frost and Sullivan for its clean and smart technology solutions in the urban mobility sector.
  • KPIT’s Integrated Intelligent Transport Systems and Revolo have earned awards in the Smart Products and Services and Sustainability categories respectively.

2019-20

  • Awarded as ‘Excellent Partner 2019’ by Japanese OEM.
  • Awarded as ‘Excellent Partner 2019’ for CoE strategy by leading Japanese Tier-1.
  • Awarded as ‘Engineering Partner 2018’ strategy by Japanese Tier-1.
  • Received Adam Smith Award for the Best AR Solution at Adam Smith Awards Asia 2019 in Singapore.
  • Awarded with Innovation in Retention Strategy award for achieving and sustaining industry leading retention by World HRD Congress in Mumbai.

Key events and milestones

  • 2018: KPIT’s IT Services business is merged with Birlasoft to form a leading $500M publicly listed Enterprise Digital and IT Services company.
  • 2018: KPIT and Udacity Forge Partnership for Upskilling Talent in Autonomous Vehicle Engineering.
  • 2018: The Skyline Pro-E electric buses powered by KPIT’s innovative electrification technology, ‘REVOLO’ started commercial operations for public transport in New Town Kolkata.
  • 2019: The company gets listed on BSE and NSE.
  • 2020: KPIT and KPIT logo trademarks are registered.
  • 2020: Expands Presence in Europe by Setting up a New Software Engineering Center in Munich.
  • 2020: Innovates versatile ventilators in fight against COVID-19.
  • 2020: Collaborates with KLE Technological University to Offer an Undergraduate Engineering Programme to Employees.

Delivery View Details

Delivered Qty
Traded Qty

Performance View Details

1 Day
+4.09%
1 Week
+7.18%
1 Month
+18.21%
3 Month
+45.35%
6 Month
+111.22%
1 Year
+324.48%
2 Year
+235.59%
5 Year
3 years 2018-03 2019-03 2020-03
Return on Equity (%) 11.47 14.67
Return on Capital Employed (%) 13.58 18.25
Return on Assets (%) -280.00 6.59 8.99

Balance Sheet View Details

Particulars 3 years 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Shh. Funds 0 960 1,047
Non Curr. Liab. 65 91
Curr. Liab. 0 641 455
Minority Int. 4 4
Equity & Liab. 0 1,670 1,596
Non Curr. Assets 440 583
Curr. Assets 0 1,230 1,013
Misc. Exp. not W/O
Total Assets 0 1,670 1,596

Profit Loss View Details

Particulars 3 years 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Net Sales 641 2,156
Other Income 56 31
Total Income 697 2,187
Total Expenditure 0 -570 -1,869
PBIDT 0 127 318
Interest -7 -20
Depreciation -19 -108
Taxation -12 -34
Exceptional Items -34 -10
PAT 0 55 147

Cash Flow View Details

Particulars 3 years 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Cash Fr. Operatn. 0 151 389
Cash Fr. Inv. -87 -138
Cash Fr. Finan. 0 34 -177
Net Change 0 98 73
Cash & Cash Eqvt 0 201 276

Shareholding Pattern View Details

8 Qtrs 2019-06 (%) 2019-09 (%) 2019-12 (%) 2020-03 (%) 2020-06 (%) 2020-09 (%) 2020-12 (%) 2021-03 (%)
Promoter 41.60 41.60 41.60 41.65 41.81 42.35 42.35 40.14
Public 56.34 58.40 58.40 58.35 58.19 57.65 57.65 59.86
Depository Receipts 2.06 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Promoter Holding Pledge (%) 12.18 18.69 18.69 17.09 17.03 18.10 18.10 4.54

Announcements View Details

Fri, 23 Jul 2021
Disclosure Under Regulation 30 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015 For Revised Financial Statements As On March 31 2021.
In continuation to our intimation dated July 16 2021 informing consideration & approval of Revised Financial Statements as on March 31 2021 giving effect of accounting treatment pursuant to the order passed by NCLT approving merger of Impact Automotive Solutions Limited with the Company. We wish to inform that the Board of Directors at its meeting concluded today has approved Audited Revised Standalone & Consolidated Financial Statements as on March 31 2021. The consolidated profit after tax declared on April 28 2021 were Rs.1 413.97 Mn and Rs.470.45 Mn for the year ended & quarter ended March 31 2021 respectively. The revised consolidated profit after tax is Rs.1 471.03 Mn and Rs.527.51 Mn for the year ended & quarter ended March 31 2021 respectively. In the consolidated Profit & Loss statement profit before tax has remained unchanged however due to reduction in tax expenses profit after tax has increased. Please find attached revised published results as on March 31 2021.
Fri, 16 Jul 2021
Board Meeting Intimation for To Consider And Approve The Unaudited Financial Results Of The Company Along With The Limited Review Report For The Quarter Ended June 30 2021.
KPIT Technologies Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 26/07/2021 inter alia to consider and approve This is to inform you that pursuant to Regulation 29 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations 2015 (SEBI Regulations) a meeting of the Board of Directors of the Company is scheduled to be held on Monday July 26 2021 inter alia to consider and approve the unaudited financial results of the Company along with the Limited Review Report for the quarter ended June 30 2021.

As intimated earlier vide letter dated June 30 2021 the trading window closure period has commenced from July 1 2021 and will end 48 hours after the declaration of Unaudited Financial Results for the quarter ended June 30 2021.

Kindly take the same on your records.
Fri, 16 Jul 2021
Board Meeting Intimation for Update On Merger Of Wholly Owned Subsidiary Namely Impact Automotive Solutions Limited With KPIT Technologies Limited And Their Respective Shareholders Under Sections 230 To 232 And Other Applicable Provisions Of The Companies Act 2013.
KPIT Technologies Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 23/07/2021 inter alia to consider and approve Further to our intimations sent on June 16 2021 and June 23 2021 informing about receipt of the certified copy of the approval of Honble Mumbai Bench of National Company Law Tribunal ("NCLT") on June 15 2021 approving merger of wholly owned subsidiary namely Impact Automotive Solutions Limited with KPIT Technologies Limited and their respective shareholders under sections 230 to 232 and other applicable provisions of the Companies Act 2013 and intimating the effective date of merger by filing of the said certified true copy of the order with Registrar of Companies (ROC) on June 22 2021.

We would like to inform you that a meeting of the Board of Directors of the Company is scheduled to be held on Friday July 23 2021 inter alia to consider and approve the Restated Financial Statements as on March 31 2021 giving effect of merger accounting treatment as per the Appointed date April 1 2019.

Kindly take the same on your records.

Technical Scans View Details

Fri, 23 Jul 2021
Stock Outperforming Benchmark Index in both 1 Week and 3 Month Stock Outperforming Benchmark Index in both 1 Week and 3 Month
Stock Outperforming Sectoral Index in both 1 Week and 3 Month Stock Outperforming Sectoral Index in both 1 Week and 3 Month
Strongly Outperforming Benchmark Index Strongly Outperforming Benchmark Index
Strongly Outperforming Sectoral Index Strongly Outperforming Sectoral Index
Close Crossing 2 Year High Close Crossing 2 Year High

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