Announced Tue, 30 Jun · 17:40 IST
KPIT cuts Q1FY27 outlook on European OEM slowdown
KPITTECH · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-17.0%1-day move
₹670.95
prior close
₹604.40
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.0+0.0+0.0-5.1-17.0-17.0-16.6-15.9-17.3-16.2-17.6———
Up moveDown movePending
AI summary
KPIT expects Q1FY27 USD revenue to decline about 1 percent year on year due to sudden actions by some European automakers after profit warnings. EBITDA and net margins will fall sequentially, more than the revenue drop. H1FY27 called unsatisfactory but fundamentals stay strong, with growth in Products and Solutions, Trucks and Off-Highway, and US, Korea and India. Company targets profitable growth in H2FY27.
Likely market impact
Sentiment negative on near-term weakness in Q1 and H1FY27, but company guides recovery in H2. Watch European OEM trends closely.