KPIT delivered Q3FY26 revenue of ₹1,617.46 Crore, up 9.4% YoY (₹) and 3.0% YoY ($), driven by strong performance in Off-Highway, Powertrain, and Diagnostics.
Reported Net Profit was ₹133.4 Crore, impacted by one-time adjustments and new wage code.
Sustainable operational profit was ₹153 Crore, largely flat QoQ but down 17.9% YoY.
EBITDA grew 6.8% YoY with margins at 20.6%. The company is strategically shifting towards 'AI-defined Mobility,' focusing on AI-infused, outcome-led solutions.
Key growth initiatives include expanding into new geographies like India and China, new mobility segments, and significant investments in AI and cybersecurity, alongside comprehensive employee upskilling.
KPIT secured $202 Million in new engagements this quarter, with significant wins from major global car manufacturers across various domains.
They also launched their next-gen Agentic AI solution suite at CES 2026 and partnered with HMC HIVE for Light Electric Vehicles.
Net cash stood strong at ₹900 Crore, with Days Sales Outstanding (DSO) at 40 days.
Diluted EPS was ₹4.87, or ₹6.59 excluding the one-time wage code impact.
Management anticipates better growth in FY27 compared to FY26, driven by steady deal wins, new client programs, geographic expansion, and AI-native client engagements, signaling robust medium-term prospects.
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