KPIT Technologies Share Price

The key financial highlights of the company's performance for Q1 FY 2018-19, ended 30 June 2018, are as follows:

1. The company reported an increase of 39.6% in the profit which stood at Rs.77.43 crore. KPIT attributed the growth to the services business, engineering, digital technologies and Oracle.
2. Revenues jumped by 16.5% YoY and stood at Rs.1,013.84 crore. The overall digital revenues including digital in SAP and Oracle are about 31% of the business IT revenues of the company.
3. EBITDA (Earnings before interest, taxes, depreciation, and amortization) stood at 12.1% and reported a 54.5% YoY growth.
4. The company's net cash position was strong and stood at Rs.3.5 billion by the end of the quarter.
5. The expenses towards the merger-demerger stood at Rs.108 million as transaction during the quarter.
6. KPIT announced transaction of merger and demerger with Birlasoft which is a part of the $1.6 billion CK Birla Group. As a result of the merger, KPIT and Birlasoft will create a $700 million entity that will be demerged into two separate companies - KPIT Technologies and Birlasoft. KPIT Technologies will focus on automotive engineering and mobility solutions, while Birlasoft will look after the digital business IT services.
7. In July 2018, KPIT won the 'Oracle Excellence Award' - 'SCM Cloud Partner of the Year' at Oracle India Partner Forum 2018. It also won the Oracle Excellence Award for Supply Chain Management.
8. KPIT was named SAP Hybris Americas Service Delivery Partner of the Year in June.

FY 2017-18

The key financial highlights of the company's performance for the full FY 2017-18, ended 31 March 2018, are as follows:

1. KPIT reported a 6.02% increase in profit after tax (PAT) which stood at Rs.252.8 crore.
2. The company revenues jumped 10.3% and stood at Rs.3,665.5 crore.
3. The company expected to post 8%-10% increase in the dollar revenues for FY19 as the operational EBITDA margins were in the range of 11.5%-12.5%.
4. The dollar revenues for FY 18 were up by 14.8% YoY and stood at $567.6 million.
5. For the full year, the company posted reassuring margin improvement in Business IT.

KPIT Technologies Ltd. Stock Trends in 2018

1. The opening price of the stock at the beginning of January 2018 on NSE was Rs.181. The scrip increased gradually throughout the month by around 25 points as a result of the strong Q3 profit. By the end of January, the stock price stood at Rs.216. In the month of February, the stock price was stable and did not change. The scrip picked up the pace in March and reached Rs.233. It increased gradually in April and stood at Rs.249 by the end of month.
2. In the month of May, the stock price gained strength and increased by around 20 points. It increased further in June and reached Rs.289, however, it fell towards the end of the month and stood Rs.266. The price of the stock crossed Rs.300 in the month of July and was stable for the most part of the month. Towards the end of August, the scrip stood at Rs.299.
3. In the month of September, the scrip declined gradually by around 65 points and stood at Rs.239. As on 1 October 2018, the price of the stock was Rs.221.

KPIT Technologies Ltd.Stock Trends in 2016 and 2017

1. The opening price of the stock at the beginning of January 2016 on NSE stood at Rs.169. The scrip fell throughout the month by around 30 points and stood at Rs.139. In the month of February, the stock price decreased further and reached Rs.115 by 15 February. By the end of the month, the price of the stock stood at Rs.131. The scrip picked up pace and increased marginally in March to reach Rs.143. At the beginning of April, the scrip hit Rs.150 and continued to increase and stood at Rs.161 by the end of the month.
2. In the month of May, the stock price increased gradually and hit Rs.178 towards the end. The scrip increased in June and reached Rs.191. In July, the stock fell by around 50 points and ended the month at Rs.137. The price of the stock in August, decreased marginally and ended the month at Rs.128.
3. The scrip declined further in September and was at Rs.122 by the end of the month. The price of the stock increased gradually in the month of October by around 25 points and reached Rs.146. In the month of November, the stock price decreased and reached Rs.132. The price of the stock in December was pretty much stable and ended the month at Rs.134.
4. The opening price of the stock at the beginning of January 2017 on NSE stood at Rs.131. It increased marginally and reached Rs.144. The scrip was stable in the month of February stood at Rs.139. It declined marginally March as well as April. By the end of April, the stock price reached Rs.128.
5. In the month of May, the price of the stock price declined to Rs.115. It increased marginally in June and ended the month at Rs.124. The stock price increased in July reached Rs.136 however, it fell in the month of August was at Rs.107.
6. In the month of September, the stock price increased marginally and hit Rs.123. The scrip increased around 20 and reached Rs.140 in October. The price of the stock jumped further by around 22 points and reached Rs.172 by the end of November. In the month of December, the stock price was stable. The opening price of the stock by the end of month reached Rs.174.

Should you invest in KPIT Technologies Ltd.?

1. KPIT Technologies Ltd. had a strong Q1 FY 2018-19 and is positive about the growth in upcoming quarters.
2. The stock of the company has increased gradually over the past 2 years. It has not witnessed any unusual fluctuations and has been consistent.
3. You could invest in KPIT Technologies Ltd. stock on a long-term basis. However, it is strongly advised to do thorough research on the stock before investing your hard-earned money in the stock market as it is volatile in nature.

Company Information

KPIT Technologies Ltd. offers business IT solutions to key industries such as automotive and transportation, energy and resources, consumer and industrial goods, life sciences, high tech, and utilities. KPIT has won several national as well as international awards including the Wall Street Journal technology Innovation Award, and Knowledge@Wharton Technovation Award.

Management of the Company

Mr. Ravi Pandit - Co-founder, Chairman & Group CEO

Ravi Pandit co-founded KPIT with Kishor Patil in 1990. He played a vital role in building a unique partnership model for the company based on innovation and sustainable development. Over the past 20 years, KPIT has marked its presence across the globe and has expanded their product development footprint. Ravi is the member of the Institute of Chartered Accountants of India and is also a gold medalist. He holds masters from Sloan School of Management, MIT, Cambridge, USA.

Mr. Kishor Patil - Co-founder, CEO and MD

Kishor Patil co-founded KPIT in 1990. The company has multiplied more than 50 times in terms of revenues since over 12 years, under Kishor's leadership. The company revenues reached around $500 million (INR 3000 crores). In addition, the company filed over 50 patents and developed more than 100 IPs, under his leadership. Kishor is a fellow member of the Institute of Chartered Accountants of India, and a member of the Institute of Cost and Works Accountants of India. In 2014, ICAI received the CA Business Leader Award.

Listings in NSE, BSE, and Indices

The stocks of KPIT Technologies Ltd. are available for trading on the two major stock exchanges of India - The National Stock Exchange Limited (NSE) and Bombay Stock Exchange (BSE).

BSE: 532400

NSE: KPIT

ISIN: INE836A01035

Sector: Computers - Software Medium and Small

The company forms a part of important indices like:

1. S&P BSE 250 SmallCap Index
2. S&P BSE 400 MidSmallCap Index
3. S&P BSE AllCap
4. S&P BSE Information Technology
5. S&P BSE MidSmallCap
6. S&P BSE SmallCap

Corporate Office

KPIT Technologies Ltd.

Plot No. 35 & 36, Rajiv Gandhi Infotech Park

Phase 1, MIDC, Hinjewadi,

Pune 411 057

Phone: +91 20 6652 5000

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