- KPIT Mobility Intelligence Product Beacon deployed in multiple OEMs
- $349mn worth of engagements closed during the quarter, including 2 large strategic engagement wins
- FY27 is more promising in terms of revenue growth visibility and market opportunities
- Proposed Final Dividend of ₹ 5.25 per share
PUNE: NSE: KPITTECH BSE: 542651: KPIT Technologies, a global leader in building mobility solutions for a cleaner, smarter, and safer world, announced financial results for Q4 FY26 and FY26 today.
Performance overview:
- FY 26 Revenues, EBITDA, and PAT
- Stood at USD 724.8mn; $ Revenue growth of 4.8%; CC revenue growth of 1.3%FY26 EBITDA stood at 20.8%, growing at 9.4% over FY25 EBITDARevenue from OEMs grew 9%Growth led by Connected Vehicle, After Sales, Virtual Engineering, and Propulsion domains
- Pivot towards the domain, and AI-led Products & Solutions for long-term value capture
- Q4 FY26 Revenues, EBITDA, and PAT
- Revenues of 185 MN with ₹ YoY Growth of 12.0%, ₹ QoQ growth of 5.8%Q4 EBITDA margins at 20.6%
- Growth led by the Off-Highway segment & the Connected Vehicle domain
- TCV of new engagements won during Q4FY26: $349 million | Includes 2 Large strategic engagements | Products & Solutions contributing ~21% to overall pipeline
Strategic Engagements:
- Strategic long‑term partnership with a Global Off‑Highway Equipment & Machinery Leader in excess of USD 50M focused on large‑scale, software‑defined transformation of next‑generation machine platforms
- Strategic partnerships with a leading Japanese Tier 1 with a focus on next‑generation digital cockpit programs for multiple global OEMs
Commenting on the performance of FY26
Kishor Patil, Co-founder, CEO, and MD, KPIT, said, “The Trade and Geopolitical uncertainties impacted the mobility industry last year, hindering their investment in new platforms. The situation has improved as we begin FY27 with enough growth headroom available in automotive software, as evidenced by the decent wins this quarter. AI is now core to Automotive Engineering and favors domain-focused players since Automotive AI must meet safety and regulatory standards. KPIT Mobility Intelligence Product (Beacon) is in pole position, corroborated by enhanced interest from major OEMs. KPIT pivots towards domain and AI-led Products & Solutions, which is layered on delivery to improve long-term value capture for our clients, as demonstrated by recent wins. KPIT transformation is exciting, and we are confident of improved performance in the years to come.”
Sachin Tikekar, President and Joint MD, KPIT, said, “OEMs are under immense pressure to swiftly introduce new products and features to maintain their competitive edge. Simultaneously, they face relentless cost constraints. Given our robust relationship with them, we’re actively deploying our products and AI-infused solutions to assist them in effectively reducing their time to market, thereby enhancing our market share. We’ve initiated engagements with several OEMs in the trucks and off-highway sectors. Our current role involves guiding them on their journey towards AI-defined machines. We’ve meticulously crafted a nuanced strategy to expand our business presence in key markets such as India, China, and Southeast Asia. We anticipate the off-highway and micromobility segments, along with the automotive industry, will be pivotal drivers of our growth.”