KPIT Technologies Ltd

The Board of KPIT Technologies at its meeting held on 06 May 2025 has approved the 100% acquisition of:  ' Caresoft Global Technologies, Inc.; United States of America ' Caresoft Engineering Services Limited, United Kingdom; ' CAREGLOTECH de RL de CV, Mexico; ' OXI SRL, Italy Caresoft Global, a leader in automotive benchmarking and cost reduction oriented engineering solutions, will restructure their business into Benchmarking and Engineering solutions businesses. KPIT will acquire the carved-out Caresoft Engineering solutions business globally which is primarily focused Off-highway, Truck and Bus segments and Manufacturing Solutions. KPIT will partner with Caresoft in their Benchmarking business.. In line with KPITs strategic focus on commercial vehicle segment, this partnership will acquire: ' Caresofts' deep relationships and domain knowledge in trucks and Off highway segments; ' Accelerate KPITs foray into China; ' Ramp up value creation through full vehicle cost reduction solutions for passenger car, trucks and off highway segments; and ' Provide manufacturing engineering solutions for mobility segmentPowered by Capital Market - Live

KPIT Technologies announced the acquisition of Caresoft Global's Engineering Solutions Business. Kishor Patil, Cofounder, CEO & MD, KPIT Technologies, said, At KPIT, we are deepening relationships with trucks and off-highway makers and accelerating foray into China. Also, OEMs across segments are looking for a partner who can bring more agility and cost efficiency by taking an integrated view of software, hardware, and manufacturing. With Caresoft's strong expertise, we have a strategic partnership which will bring unparalleled value to the mobility ecosystem. Powered by Capital Market - Live

Net profit of KPIT Technologies rose 48.91% to Rs 244.73 crore in the quarter ended March 2025 as against Rs 164.35 crore during the previous quarter ended March 2024. Sales rose 15.98% to Rs 1528.34 crore in the quarter ended March 2025 as against Rs 1317.80 crore during the previous quarter ended March 2024. For the full year,net profit rose 41.22% to Rs 839.60 crore in the year ended March 2025 as against Rs 594.53 crore during the previous year ended March 2024. Sales rose 19.93% to Rs 5842.35 crore in the year ended March 2025 as against Rs 4871.54 crore during the previous year ended March 2024. ParticularsQuarter EndedYear EndedMar. 2025Mar. 2024% Var.Mar. 2025Mar. 2024% Var. Sales1528.341317.80 16 5842.354871.54 20 OPM %21.1320.67 -21.0520.34 - PBDT374.10276.44 35 1357.51992.94 37 PBT316.18223.74 41 1132.55797.15 42 NP244.73164.35 49 839.60594.53 41 Powered by Capital Market - Live

 KPIT Technologies, has announced a collaboration with Mercedes-Benz Research and Development India (MBRDI) to accelerate the development and realization of Software Defined Vehicles (SDVs). This collaboration is poised to enhance innovation, speed up product feature launches, and deliver cost advantages by leveraging KPIT's cross domain expertise in mobility technologies. Mercedes-Benz is advancing its software development strategy as a fundamental pillar of its digital transformation journey across the globe. The company's approach focuses on creating an integrated software architecture that enhances vehicle functionality, user experience, and operational efficiency. By prioritizing software development, Mercedes-Benz aims to deliver continuous improvements to customers through regular updates, ensuring vehicles remain technologically current throughout their lifecycle. Drawing on KPIT's deep domain knowledge and experience in enabling mobility transformation globally, the collaboration will play a pivotal role in rearchitecting the technology stack of next-generation vehicles.Powered by Capital Market - Live

KPIT Techs. announced that the Board of Directors of the Company at its meeting held on 28 April 2025, has recommended a Final dividend of Rs.6 per share (i.e.60%), subject to the approval of the shareholders.Powered by Capital Market - Live

KPIT Techs. will hold a meeting of the Board of Directors of the Company on 28 April 2025.Powered by Capital Market - Live

KPIT Technologies Ltd lost 1.6% today to trade at Rs 1230. The BSE Information Technology index is down 0.19% to quote at 35361.79. The index is down 12.85 % over last one month. Among the other constituents of the index, Magellanic Cloud Ltd decreased 1.3% and Persistent Systems Ltd lost 1.05% on the day. The BSE Information Technology index went down 5.32 % over last one year compared to the 2.53% surge in benchmark SENSEX. KPIT Technologies Ltd has lost 8.26% over last one month compared to 12.85% fall in BSE Information Technology index and 1.78% drop in the SENSEX. On the BSE, 1246 shares were traded in the counter so far compared with average daily volumes of 50892 shares in the past one month. The stock hit a record high of Rs 1928.75 on 12 Jul 2024. The stock hit a 52-week low of Rs 1142.15 on 03 Mar 2025.Powered by Capital Market - Live

The firm has retained its constant currency (CC) revenue growth outlook in the 18% to 22% range. Meanwhile, the company's consolidated net profit declined 8.23% to Rs 186.97 crore on 0.44% rise in revenue from operations to Rs 1,477.96 crore in Q3 FY25 over Q2 FY25. As compared to Q3 FY24, the company's net profit and revenue increased by 20.37% and 17.58%, respectively. Profit before tax was at Rs 256.56 crore in the quarter ended 31 December 2024, down 9.38% quarter on quarter (QoQ) but up 21.26% year on year (YoY). EBITDA stood at Rs 312.21 crore in the third quarter of FY25, registering a growth of 1.89% QoQ and 20.78% YoY. In Q3 FY25, EBITDA margin improved to 21.1% as compared to 20.8% last quarter, mainly due to productivity improvement, revenue mix and fixed cost leverage. EBITDA margin stood at 20.6% in Q3 FY24. During the quarter, CC revenue growth was 2% QoQ and 17.4% YoY. In dollar terms, revenue growth was at 1.7% QoQ and 18.1% YoY. Total contract value (TCV) of total deals won during the quarter was $236 million. The total headcount as on 31 December 2024 was at 12,795. Kishor Patil, co-founder, CEO and MD of KPIT said, 'The third quarter revenues are in-line with our annual revenue outlook while the operating profit has improved due to revenue mix change and productivity improvement, despite currency headwinds. Thus, we increase our annual EBITDA Margin outlook to 21%+ from 20.5%+ earlier. We are investing in AI technologies fined tuned with automotive-specific data. Our AI philosophy is rooted in developing human-centric, innovative, safe, and responsible AI solutions that drive value creation for our clients. We will leverage these AI investments to augment our talent pool, while creating new opportunities for future growth. Our leadership and strength of relationship with our T25 clients is demonstrated by higher deal closures, efficient cash conversion and robust build-up in the pipeline.' Sachin Tikekar, Co-founder and Joint MD, KPIT said, 'We have been developing new sub-verticals viz Trucks and Off-highway. There are sizable opportunities through these investments, and they are now contributing to building our pipeline across the geographies. These will contribute to our growth from the second half of the next financial year. There are new relationships being explored and built with the Passenger Car and Truck makers in China and Rest of Europe outside Germany. In terms of our new offerings, there is greater interest from our T25 clients in the areas of vehicle cost reduction, cyber security and data-oriented services. Our attrition remains at all-time low levels and our leadership development programs are in full swing to further enhance our continued growth.' KPIT Technologies is a technological company focused on automobile engineering and mobility solutions. The company offers technology solutions to automobile OEMs under different practices such as power trains (conventional and electrical), connectivity, autonomous (vision and control systems) and diagnostics. Each of its practice areas offer software IP, software integration, feature development, and verification and validation services.Powered by Capital Market - Live

Net profit of KPIT Technologies rose 20.37% to Rs 186.97 crore in the quarter ended December 2024 as against Rs 155.33 crore during the previous quarter ended December 2023. Sales rose 17.58% to Rs 1477.96 crore in the quarter ended December 2024 as against Rs 1256.96 crore during the previous quarter ended December 2023. ParticularsQuarter EndedDec. 2024Dec. 2023% Var. Sales1477.961256.96 18 OPM %20.6920.57 - PBDT315.00260.15 21 PBT256.56210.19 22 NP186.97155.33 20 Powered by Capital Market - Live

The Board of KPIT Technologies at its meeting held on 29 January 2025 has approved the appointment of Ramesh Raskar (DIN: 10870313) and Nishant Batra (DIN: 10913778) as Additional & Independent Directors with effect from 29 January 2025. Powered by Capital Market - Live