KPIT Technologies Ltd

KPIT Techs. announced that the Annual General Meeting(AGM) of the company will be held on 12 August 2025.Powered by Capital Market - Live

KPIT Techs. will hold a meeting of the Board of Directors of the Company on 30 July 2025.Powered by Capital Market - Live

The update included an announcement on the acquisition of Caresoft's Global Engineering Solutions business, approved by the board in May 2025. While KPIT confirmed that the deal is progressing, it clarified that certain closing conditions still need to be met. The company expects to complete the acquisition by the end of the current quarter, with revenue contributions from the acquired business likely to begin in Q2 FY26. Management estimates that the deal could add around 4% growth in FY26 compared to FY25, while also enhancing KPIT's capabilities in the truck and off-highway segment, manufacturing engineering solutions, and aiding its entry into the China market. However, investors were more focused on the cautionary signals in the broader business commentary. While the deal pipeline remains strong, KPIT noted that conversions are slower than anticipated. Although Europe is showing signs of recovery, the US and Asia are still facing uncertainties, and the pace of ramp-ups has been even more sluggish than previously expected. Some new business wins are also partially cannibalizing existing revenues due to tight client budgets and a shift in spending priorities. Adding to investor concerns, KPIT indicated that it does not expect any one-time gains in Q1 FY26 like it saw in Q4 FY25. The company also flagged potential pressure on other income due to recent forex fluctuations, further dampening the near-term outlook. Despite the long-term strategic benefits of the Caresoft acquisition, the mid-quarter update appears to have triggered a reality check for the market. Slower execution, deal ramp-up delays, and muted Q1 guidance have collectively contributed to the stock's sharp decline, as investors reassess the near-term earnings visibility. KPIT Technologies is a global software development and integration partner for the automotive and mobility industry, focused on enabling software-defined vehicles. The company specializes in embedded software, AI, and digital solutions, supporting clients in adopting next-generation mobility technologies. On a consolidated basis, the company's net profit surged 48.91% to Rs 244.73 crore on 15.98% increase in net sales to Rs 1,528.34 crore in Q4 March 2025 over Q4 March 2024. Powered by Capital Market - Live

The Board of KPIT Technologies at its meeting held on 06 May 2025 has approved the 100% acquisition of:  ' Caresoft Global Technologies, Inc.; United States of America ' Caresoft Engineering Services Limited, United Kingdom; ' CAREGLOTECH de RL de CV, Mexico; ' OXI SRL, Italy Caresoft Global, a leader in automotive benchmarking and cost reduction oriented engineering solutions, will restructure their business into Benchmarking and Engineering solutions businesses. KPIT will acquire the carved-out Caresoft Engineering solutions business globally which is primarily focused Off-highway, Truck and Bus segments and Manufacturing Solutions. KPIT will partner with Caresoft in their Benchmarking business.. In line with KPITs strategic focus on commercial vehicle segment, this partnership will acquire: ' Caresofts' deep relationships and domain knowledge in trucks and Off highway segments; ' Accelerate KPITs foray into China; ' Ramp up value creation through full vehicle cost reduction solutions for passenger car, trucks and off highway segments; and ' Provide manufacturing engineering solutions for mobility segmentPowered by Capital Market - Live

KPIT Technologies announced the acquisition of Caresoft Global's Engineering Solutions Business. Kishor Patil, Cofounder, CEO & MD, KPIT Technologies, said, At KPIT, we are deepening relationships with trucks and off-highway makers and accelerating foray into China. Also, OEMs across segments are looking for a partner who can bring more agility and cost efficiency by taking an integrated view of software, hardware, and manufacturing. With Caresoft's strong expertise, we have a strategic partnership which will bring unparalleled value to the mobility ecosystem. Powered by Capital Market - Live

Net profit of KPIT Technologies rose 48.91% to Rs 244.73 crore in the quarter ended March 2025 as against Rs 164.35 crore during the previous quarter ended March 2024. Sales rose 15.98% to Rs 1528.34 crore in the quarter ended March 2025 as against Rs 1317.80 crore during the previous quarter ended March 2024. For the full year,net profit rose 41.22% to Rs 839.60 crore in the year ended March 2025 as against Rs 594.53 crore during the previous year ended March 2024. Sales rose 19.93% to Rs 5842.35 crore in the year ended March 2025 as against Rs 4871.54 crore during the previous year ended March 2024. ParticularsQuarter EndedYear EndedMar. 2025Mar. 2024% Var.Mar. 2025Mar. 2024% Var. Sales1528.341317.80 16 5842.354871.54 20 OPM %21.1320.67 -21.0520.34 - PBDT374.10276.44 35 1357.51992.94 37 PBT316.18223.74 41 1132.55797.15 42 NP244.73164.35 49 839.60594.53 41 Powered by Capital Market - Live

 KPIT Technologies, has announced a collaboration with Mercedes-Benz Research and Development India (MBRDI) to accelerate the development and realization of Software Defined Vehicles (SDVs). This collaboration is poised to enhance innovation, speed up product feature launches, and deliver cost advantages by leveraging KPIT's cross domain expertise in mobility technologies. Mercedes-Benz is advancing its software development strategy as a fundamental pillar of its digital transformation journey across the globe. The company's approach focuses on creating an integrated software architecture that enhances vehicle functionality, user experience, and operational efficiency. By prioritizing software development, Mercedes-Benz aims to deliver continuous improvements to customers through regular updates, ensuring vehicles remain technologically current throughout their lifecycle. Drawing on KPIT's deep domain knowledge and experience in enabling mobility transformation globally, the collaboration will play a pivotal role in rearchitecting the technology stack of next-generation vehicles.Powered by Capital Market - Live

KPIT Techs. announced that the Board of Directors of the Company at its meeting held on 28 April 2025, has recommended a Final dividend of Rs.6 per share (i.e.60%), subject to the approval of the shareholders.Powered by Capital Market - Live

KPIT Techs. will hold a meeting of the Board of Directors of the Company on 28 April 2025.Powered by Capital Market - Live

KPIT Technologies Ltd lost 1.6% today to trade at Rs 1230. The BSE Information Technology index is down 0.19% to quote at 35361.79. The index is down 12.85 % over last one month. Among the other constituents of the index, Magellanic Cloud Ltd decreased 1.3% and Persistent Systems Ltd lost 1.05% on the day. The BSE Information Technology index went down 5.32 % over last one year compared to the 2.53% surge in benchmark SENSEX. KPIT Technologies Ltd has lost 8.26% over last one month compared to 12.85% fall in BSE Information Technology index and 1.78% drop in the SENSEX. On the BSE, 1246 shares were traded in the counter so far compared with average daily volumes of 50892 shares in the past one month. The stock hit a record high of Rs 1928.75 on 12 Jul 2024. The stock hit a 52-week low of Rs 1142.15 on 03 Mar 2025.Powered by Capital Market - Live