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. AR · MarketPing reader · 2026-08-02
Revenue streams, as the annual report describes them. UK & Europe (40%), Rest of the World (39%), Americas (22%). Asset-light IT services business with a specialist automotive software focus
| ₹ crore · consolidated | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | 2,432 | 3,365 | 4,872 | 5,842 | 6,455 |
| EBITDA (ex other income) | 439 | 633 | 991 | 1,230 | 1,198 |
| margin % | 18.0 | 18.8 | 20.3 | 21.0 | 18.6 |
| Owners' profit | 274 | 381 | 595 | 840 | 637 |
| EPS, as reported (₹) | 10.17 | 14.10 | 21.95 | 30.93 | 23.43 |
| ROE % · ROCE % | 20.8 · 22.3 | 23.3 · 23.6 | 27.7 · 32.2 | 28.8 · 35.4 | 18.0 · 22.1 |
| Debt / equity (x) | 0.00 | 0.03 | 0.02 | 0.00 | 0.13 |
| Cash from operations | 475 | 462 | 1,002 | 1,390 | 1,195 |
| Capex | (69) | (129) | (155) | (130) | (143) |
| ₹ crore | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1,471 | 1,478 | 1,528 | 1,539 | 1,588 | 1,617 | 1,711 | 1,675 |
| Profit before tax | 287 | 263 | 302 | 241 | 253 | 185 | 230 | 174 |
| Net profit | 204 | 187 | 245 | 172 | 169 | 133 | 163 | 116 |
| EPS (₹) | 7.51 | 6.89 | 9.01 | 6.32 | 6.22 | 4.90 | 5.99 | 4.30 |
| Segment | Revenue, ₹ crore | Share % |
|---|---|---|
| Americas | 1,794 | 21.5 |
| UK & Europe | 3,309 | 39.8 |
| Rest of the World | 3,221 | 38.7 |
| Total, before eliminations | 8,324 | 100.0 |
| Company | M.cap ₹ cr | P/E | P/B | EV/EBITDA | ROE % | ROCE % | Rev CAGR 5y % | EBITDA m. % |
|---|---|---|---|---|---|---|---|---|
| TATA CONSULTANCY SERV LT | 7,96,690 | 16.0 | 7.34 | 10.9 | 45.6 | 53.9 | 10.2 | 26.9 |
| Date · filing | Category | Importance | 1-day % | 5-day % |
|---|---|---|---|---|
| 11 Sept 2026 · KPIT to attend investor conferences in Mumbai on Sep 21-22, 2026 | board shareholder meetings | low | — | — |
| 11 Sept 2026 · KPIT Tech to attend Anand Rathi and JP Morgan investor conferences | board shareholder meetings | low | — | — |
| 1 Sept 2026 · KPIT Technologies 9th AGM: all 10 resolutions passed, Rs 5.25 final dividend | board shareholder meetings | low | — | — |
| 31 Aug 2026 · KPIT Tech 9th AGM: FY26 dividend of ₹7.50 per share, director reappointments approved | board shareholder meetings | medium | — | — |
| 27 Aug 2026 · Stamp duty penalty of Rs 1.23 crore for delayed NCLT order filing | regulatory legal | high | — | — |
| 26 Aug 2026 · KPIT Tech reconstitutes Nomination and Remuneration Committee | management changes | medium | — | — |
| 25 Aug 2026 · KPIT responds to SES director pay opposition before AGM | compliance | minimal | — | — |
| 21 Aug 2026 · KPIT responds to IiAS on director reappointment, defends pay disclosure | board shareholder meetings | low | — | — |
| 13 Aug 2026 · KPIT Tech meets investors at Equirus conference, no new info shared | investor communications | low | — | — |
| 12 Aug 2026 · KPIT Tech attends Emkay Confluence 2026 investor conference | investor communications | low | — | — |
| Where a broker report shows | This document shows | Why |
|---|---|---|
| INFOSYS LIMITED |
| 4,20,891 |
| 14.0 |
| 4.51 |
| 8.8 |
| 31.6 |
| 38.6 |
| 12.2 |
| 25.7 |
| HCL TECHNOLOGIES LTD | 3,27,456 | 18.7 | 4.35 | 11.7 | 22.1 | 26.2 | 11.5 | 20.9 |
| WIPRO LTD | 1,65,785 | 13.3 | 1.88 | 7.9 | 15.0 | 17.1 | 8.4 | 22.9 |
| TECH MAHINDRA LIMITED | 1,51,018 | 26.6 | 5.02 | 16.9 | 16.0 | 18.8 | 8.5 | 16.8 |
| LTM LIMITED | 1,27,635 | 24.4 | 5.29 | 15.4 | 20.7 | 24.8 | 27.9 | 20.0 |
| PERSISTENT SYSTEMS LTD | 87,015 | 44.8 | 11.10 | 29.8 | 23.8 | 28.5 | 28.6 | 17.8 |
| COFORGE LIMITED | 81,708 | 37.5 | 8.44 | 29.1 | 18.0 | 17.2 | 28.6 | 18.6 |
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 25.9 | 16.6 | 47 of 71 | 34% |
| P/B | 4.3 | 2.9 | 43 of 64 | 33% |
| ROCE | 20.5 | 14.2 | 24 of 78 | 70% |
| ROE | 18.0 | 11.5 | 17 of 67 | 76% |
| Debt / Equity | 0.1 | 0.0 | 46 of 68 | 33% |
| EBITDA margin | 16.7 | 18.4 | 37 of 65 | 44% |
| Revenue growth | 8.8 | 10.6 | 37 of 63 | 42% |
| Profit growth | (32.3) | 6.7 | 49 of 62 | 21% |
| Market cap | 15086 | 475 | 12 of 75 | 85% |
| A rating (BUY / ADD / REDUCE / SELL) |
| A state: the latest filed quarter and the measured reactions |
| an event is a fact; a rating is an opinion that requires SEBI RA registration |
| A target price and upside | The current price and the multiples against the group | a target is a forecast; a multiple is a measurement |
| Estimate years marked E | More audited years; no estimates | MarketPing publishes no forecasts — your own model lives on the Models page |
This document is a statistical summary of publicly filed information and market data, prepared by software from primary sources: SEBI results XBRL filed with BSE and NSE, LODR disclosures, shareholding patterns, exchange price data. It contains no research recommendation, no price target and no opinion on the merits of any security, and is not a research report within the meaning of the SEBI (Research Analysts) Regulations, 2014, Regulation 2(1)(w)(vii). Financial statements are as filed (consolidated where the company files consolidated results). Ratios are computed over filed lines. Where a figure is unavailable the table shows a dash rather than an estimate. The business brief is written by MarketPing's reader from the annual report and checked against it; no figure in a table was generated by a model. Nothing here constitutes investment advice, an offer or a solicitation; readers should consult a SEBI-registered adviser before acting. MarketPing is not a SEBI-registered intermediary.
