Financials KPIT Technologies Limited

Equities

KPITTECH

INE04I401011

Software

End-of-day quote NSE India S.E. 23:00:00 29/04/2024 BST 5-day change 1st Jan Change
1,494 INR -0.95% Intraday chart for KPIT Technologies Limited +8.38% -1.30%

Valuation

Fiscal Period: March 2020 2021 2022 2023 2024 2025 2026 2027
Capitalization 1 9,664 47,740 161,709 249,792 402,834 410,134 - -
Enterprise Value (EV) 1 7,424 41,762 153,977 246,777 402,834 399,491 393,698 386,785
P/E ratio 6.48 x 34.2 x 59.8 x 66.3 x 68.3 x 54.5 x 42.6 x 36.2 x
Yield 2.84% 0.84% 0.52% 0.44% - 0.56% 0.75% 0.91%
Capitalization / Revenue 0.45 x 2.35 x 6.65 x 7.42 x 8.27 x 6.88 x 5.71 x 4.91 x
EV / Revenue 0.34 x 2.05 x 6.33 x 7.33 x 8.27 x 6.7 x 5.48 x 4.63 x
EV / EBITDA 2.56 x 13.6 x 35.1 x 39 x 40.6 x 32.3 x 25.8 x 21.4 x
EV / FCF 2.32 x 7.36 x 37.9 x 74.1 x - 59.3 x 47.2 x 38 x
FCF Yield 43.1% 13.6% 2.64% 1.35% - 1.69% 2.12% 2.63%
Price to Book 0.91 x 3.98 x 12.4 x 15.1 x - 15.3 x 12.3 x 9.9 x
Nbr of stocks (in thousands) 274,144 268,880 269,044 270,017 271,013 271,217 - -
Reference price 2 35.25 177.6 601.0 925.1 1,486 1,512 1,512 1,512
Announcement Date 27/05/20 28/04/21 27/04/22 26/04/23 29/04/24 - - -
1INR in Million2INR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2020 2021 2022 2023 2024 2025 2026 2027
Net sales 1 21,562 20,357 24,324 33,650 48,715 59,605 71,872 83,615
EBITDA 1 2,897 3,071 4,385 6,329 9,913 12,370 15,252 18,052
EBIT 1 1,816 1,740 3,189 4,865 7,955 10,068 12,721 15,183
Operating Margin 8.42% 8.55% 13.11% 14.46% 16.33% 16.89% 17.7% 18.16%
Earnings before Tax (EBT) 1 1,806 1,776 3,443 4,968 8,004 10,187 13,054 15,392
Net income 1 1,466 1,404 2,742 3,810 5,945 7,561 9,659 11,399
Net margin 6.8% 6.9% 11.27% 11.32% 12.2% 12.68% 13.44% 13.63%
EPS 2 5.440 5.190 10.05 13.95 21.77 27.76 35.50 41.80
Free Cash Flow 1 3,201 5,676 4,064 3,329 - 6,734 8,340 10,174
FCF margin 14.85% 27.88% 16.71% 9.89% - 11.3% 11.6% 12.17%
FCF Conversion (EBITDA) 110.51% 184.81% 92.67% 52.61% - 54.44% 54.68% 56.36%
FCF Conversion (Net income) 218.38% 404.2% 148.19% 87.39% - 89.07% 86.34% 89.25%
Dividend per Share 2 1.000 1.500 3.100 4.100 - 8.510 11.28 13.70
Announcement Date 27/05/20 28/04/21 27/04/22 26/04/23 29/04/24 - - -
1INR in Million2INR
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: March 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1 2025 Q2 2025 Q3 2025 Q4 2026 Q1
Net sales 1 6,224 6,518 6,857 7,448 9,171 10,174 10,976 11,992 12,570 13,178 13,819 14,561 15,112 15,908 -
EBITDA 1 1,150 1,214 1,332 1,380 1,669 1,823 2,139 2,399 2,585 2,729 2,836 2,866 3,126 3,404 -
EBIT 1 838.2 906.8 1,022 1,052 1,265 1,401 1,688 1,918 2,085 2,202 2,325 2,357 2,554 2,781 -
Operating Margin 13.47% 13.91% 14.9% 14.13% 13.8% 13.77% 15.38% 16% 16.59% 16.71% 16.82% 16.19% 16.9% 17.48% -
Earnings before Tax (EBT) 1 878.8 966.8 1,117 1,077 1,393 1,362 1,766 1,877 2,116 2,245 2,232 2,262 2,514 2,780 -
Net income 1 700.1 788.8 854.3 834.8 1,005 1,116 1,340 1,409 1,553 1,644 1,722 1,674 1,860 2,058 -
Net margin 11.25% 12.1% 12.46% 11.21% 10.96% 10.97% 12.21% 11.75% 12.36% 12.47% 12.46% 11.5% 12.31% 12.94% -
EPS 2 2.560 2.890 3.130 3.060 3.680 4.090 4.910 5.160 5.690 6.020 6.329 6.261 6.869 7.538 8.010
Dividend per Share - - - - - - - - - - - - - - -
Announcement Date 01/02/22 27/04/22 26/07/22 19/10/22 31/01/23 26/04/23 25/07/23 30/10/23 30/01/24 29/04/24 - - - - -
1INR in Million2INR
Estimates

Balance Sheet Analysis

Fiscal Period: March 2020 2021 2022 2023 2024 2025 2026 2027
Net Debt 1 - - - - - - - -
Net Cash position 1 2,239 5,977 7,731 3,016 - 10,643 16,436 23,349
Leverage (Debt/EBITDA) - - - - - - - -
Free Cash Flow 1 3,201 5,676 4,064 3,329 - 6,734 8,340 10,174
ROE (net income / shareholders' equity) 14.6% 12.5% 21.8% 25.7% - 31.1% 32% 30%
ROA (Net income/ Total Assets) - - - 13.3% - 16.9% 18.4% 18.4%
Assets 1 - - - 28,684 - 44,636 52,396 62,040
Book Value Per Share 2 38.90 44.60 48.50 61.10 - 98.60 123.0 153.0
Cash Flow per Share 2 - - - - - 24.00 29.60 -
Capex 1 686 600 686 1,295 - 2,473 2,707 2,757
Capex / Sales 3.18% 2.95% 2.82% 3.85% - 4.15% 3.77% 3.3%
Announcement Date 27/05/20 28/04/21 27/04/22 26/04/23 29/04/24 - - -
1INR in Million2INR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
C
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
14
Last Close Price
1,512 INR
Average target price
1,654 INR
Spread / Average Target
+9.37%
Consensus
  1. Stock Market
  2. Equities
  3. KPITTECH Stock
  4. Financials KPIT Technologies Limited