KPIT TECHNOLOGIES LIMITED

Provides software engineering services and solutions to the automotive industry, focused on software-defined vehicles (SDV), advanced driver-assistance systems (ADAS), digital cockpit, electrification, and connected-vehicle programmes. Work is delivered to passenger-car, truck and off-highway OEMs and tier-1 suppliers, and centres on integrating the 100-plus electronic control units inside a vehicle. Revenue is reported by client geography: UK & Europe at Rs 3,309.2 cr (39.8% share), Rest of the World at Rs 3,221.3 cr (38.7%) and Americas at Rs 1,793.9 cr (21.5%). The company is pivoting from pure services toward packaged 'solutions and products', which were 15% of FY26 revenue with a medium-term target of 40–50%; products include the Beacon AI-infused delivery platform and a digital cockpit platform engaged with three OEMs and being expanded to five. New wins in FY26 included a $50M+ off-highway SDV programme with a North American OEM and 13 new client additions (4 truck OEMs, 6 off-highway OEMs, 3 passenger-car OEMs). More than 80% of new contracts are now signed on a fixed-price basis. The cost base is dominated by employees at 61.9% of revenue, with other opex at 17.2%, depreciation 4.7% and materials just 1.5%, reflecting an asset-light delivery model.