Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
post
Last Updated on: 30 May, 2024|Author: Getaka | Social: X Twitter Profile
Stock Ticker - BSE: 542651 | NSE: KPITTECH

Fundamental Analysis of KPIT Technologies Ltd

Basic Stock Data of KPIT Technologies Ltd

Last Updated: May 30, 2024, 6:20 am

Market Cap 42,535 Cr.
Current Price 1,552
High / Low1,764/961
Stock P/E71.8
Book Value 78.3
Dividend Yield0.26 %
ROCE38.4 %
ROE31.2 %
Face Value 10.0
PEG Ratio2.41

Competitors of KPIT Technologies Ltd

Stock NameMarket CapCurrent PriceHigh / LowStock P/EBook ValueDividend YieldROCEROEFace Value
Spacenet Enterprises India Ltd 1,442 Cr. 26.239.4/15.4201 1.060.00 %8.13 %7.76 % 1.00
Ramco Systems Ltd 1,283 Cr. 362450/216 87.90.00 %46.5 %57.2 % 10.0
Bharatiya Global Infomedia Ltd 5.07 Cr. 3.204.90/1.95 55.00.00 %1.86 %2.10 % 10.0
R Systems International Ltd 5,461 Cr. 462599/28141.4 51.71.47 %26.0 %24.2 % 1.00
Wipro Ltd 2,31,656 Cr. 443546/37521.0 1430.22 %17.2 %14.5 % 2.00
Industry Average47,969.41 Cr259.2852.6867.730.34%19.94%21.15%4.80

KPIT Technologies Ltd Quarterly Results

MonthDec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
Sales5175405675916226526867459171,0171,0981,1991,257
Expenses434453469487508530553607747835884959998
Operating Profit838898104115121133138170182214240259
OPM %16%16%17%18%18%19%19%19%19%18%19%20%21%
Other Income961211914161118722919
Interest44444767811141416
Depreciation34312929313131334042454850
Profit before tax545978828897112109139136177188212
Tax %20%11%22%21%20%17%22%23%25%18%24%25%26%
Net Profit4353606570818884104112134141157
EPS in Rs1.521.912.202.372.552.883.123.053.674.074.895.145.67

Last Updated: May 6, 2024, 12:05 am

KPIT Technologies Ltd Quarterly Chart

KPIT Technologies Ltd Profit & Loss - Annual Report

MonthMar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Sales06412,1562,0362,4323,3654,571
Expenses05501,8661,7291,9812,7323,676
Operating Profit-092290307451633895
OPM %14%13%15%19%19%20%
Other Income011921324356
Interest072017193254
Depreciation019108133120146185
Profit before tax-067181178345497712
Tax %0%18%18%17%20%22%
Net Profit-055148147276387544
EPS in Rs-27.001.985.385.3310.0013.9019.77
Dividend Payout %0%37%18%28%31%29%

KPIT Technologies Ltd Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2019-20202020-20212021-20222022-2023
YoY Net Profit Growth (%)169.09%-0.68%87.76%40.22%
Change in YoY Net Profit Growth (%)0.00%-169.77%88.43%-47.54%

KPIT Technologies Ltd Growth

Compounded Sales Growth
10 Years:%
5 Years:50%
3 Years:34%
TTM:45%
Compounded Profit Growth
10 Years:%
5 Years:49%
3 Years:61%
TTM:56%
Stock Price CAGR
10 Years:%
5 Years:74%
3 Years:86%
1 Year:54%
Return on Equity
10 Years:%
5 Years:23%
3 Years:27%
Last Year:31%

Last Updated: May 25, 2024, 11:26 pm

KPIT Technologies Ltd Balance Sheet

MonthMar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Sep 2023
Equity Capital0268269269270270271
Reserves-06917809381,0401,3811,586
Borrowings0132204230227287376
Other Liabilities05823845317991,4021,511
Total Liabilities01,6741,6371,9682,3363,3413,745
Fixed Assets04205265776411,6841,920
CWIP015120334
Investments05091271296419
Other Assets01,2041,0961,2511,5661,5591,801
Total Assets01,6741,6371,9682,3363,3413,745

KPIT Technologies Ltd Reserves and Borrowings Chart

KPIT Technologies Ltd Cash Flow

MonthMar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Cash from Operating Activity -0151389628475462
Cash from Investing Activity 016-136-503-292-167
Cash from Financing Activity 034-177-115-127-183
Net Cash Flow0201751056112

KPIT Technologies Ltd Free Cash Flow

MonthMar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Free Cash Flow0.00-40.0086.0077.00224.00346.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

KPIT Technologies Ltd Free Cash Flow Chart

KPIT Technologies Ltd Financial Efficiency Indicators

MonthMar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Debtor Days33776555664
Inventory Days
Days Payable
Cash Conversion Cycle33776555664
Working Capital Days21637-4-23-17
ROCE %20%18%14%25%30%

KPIT Technologies Ltd Financial Efficiency Indicators Chart

KPIT Technologies Ltd Share Holding Pattern

MonthMar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
Promoters40.14%40.14%40.14%40.11%40.11%40.11%40.10%40.10%39.49%39.47%39.47%39.47%
FIIs20.92%19.82%20.90%20.38%17.10%15.99%16.89%20.30%23.42%25.91%25.69%26.48%
DIIs15.44%14.15%12.58%13.27%11.21%10.74%13.52%12.69%12.30%11.78%12.25%11.60%
Public21.64%24.06%24.72%24.68%30.08%31.69%28.08%25.44%23.41%21.55%21.46%21.33%
Others1.86%1.82%1.65%1.56%1.51%1.48%1.38%1.46%1.39%1.29%1.14%1.10%
No. of Shareholders75,5671,10,6842,05,5292,65,0085,14,2595,86,1975,63,2815,13,9714,76,8904,71,8964,96,0515,08,158

KPIT Technologies Ltd Shareholding Pattern Chart

No. of KPIT Technologies Ltd Shareholders

KPIT Technologies Ltd Mutual Fund Holdings

KPIT Technologies Ltd ROCE Trend

KPIT Technologies Ltd EPS Trend

KPIT Technologies Ltd Key Financial Ratios

MonthMar 23Mar 22Mar 21Mar 20Mar 19
FaceValue10.0010.0010.0010.0010.00
Basic EPS (Rs.)14.1010.175.435.468.18
Diluted EPS (Rs.)13.9510.055.405.448.15
Cash EPS (Rs.)19.6414.6510.429.482.75
Book Value[Excl.RevalReserv]/Share (Rs.)61.5249.0844.9639.0735.88
Book Value[Incl.RevalReserv]/Share (Rs.)61.5249.0844.9639.0735.88
Revenue From Operations / Share (Rs.)124.4790.0875.6780.1923.88
PBDIT / Share (Rs.)24.9017.9012.0011.834.74
PBIT / Share (Rs.)19.4813.477.057.814.04
PBT / Share (Rs.)18.2912.756.606.722.50
Net Profit / Share (Rs.)14.2210.225.475.462.05
NP After MI And SOA / Share (Rs.)14.0910.165.435.452.02
PBDIT Margin (%)20.0019.8715.8614.7419.83
PBIT Margin (%)15.6514.959.319.7316.90
PBT Margin (%)14.6914.158.728.3710.47
Net Profit Margin (%)11.4211.347.226.808.58
NP After MI And SOA Margin (%)11.3211.277.176.798.44
Return on Networth / Equity (%)23.0620.9412.1014.005.64
Return on Capital Employeed (%)23.5922.3313.1717.7910.49
Return On Assets (%)11.2011.737.428.963.23
Long Term Debt / Equity (X)0.000.000.000.000.03
Total Debt / Equity (X)0.020.000.000.010.10
Asset Turnover Ratio (%)0.720.630.540.630.37
Current Ratio (X)1.292.142.462.231.92
Quick Ratio (X)1.242.142.462.201.89
Inventory Turnover Ratio (X)0.000.000.010.010.00
Dividend Payout Ratio (NP) (%)23.4027.030.0032.070.00
Dividend Payout Ratio (CP) (%)16.9018.820.0018.460.00
Earning Retention Ratio (%)76.6072.970.0067.930.00
Cash Earning Retention Ratio (%)83.1081.180.0081.540.00
Interest Coverage Ratio (X)20.8324.9218.7216.0418.34
Interest Coverage Ratio (Post Tax) (X)12.9015.239.238.8913.87
Enterprise Value (Cr.)24518.8415352.004066.56592.610.00
EV / Net Operating Revenue (X)7.296.312.000.270.00
EV / EBITDA (X)36.4331.7612.591.860.00
MarketCap / Net Operating Revenue (X)7.436.672.340.440.00
Retention Ratios (%)76.5972.960.0067.920.00
Price / BV (X)15.1412.393.950.900.00
Price / Net Operating Revenue (X)7.436.672.340.440.00
EarningsYield0.010.010.030.150.00

KPIT Technologies Ltd Profitability Ratios (%)

KPIT Technologies Ltd Liquidity Ratios

KPIT Technologies Ltd Liquidity Ratios (%)

KPIT Technologies Ltd Interest Coverage Ratios (%)

KPIT Technologies Ltd Valuation Ratios

Fair Value

Fair Value: ₹1,758.61

Calculation basis:

  • Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

Undervalued: 13.31% compared to the current price ₹1552

Intrinsic Value: ₹2,281.46

Calculation basis:

  • Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
  • EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators along with EPS growth.

Undervalued: 47.00% compared to the current price ₹1552

Last 5 Year EPS CAGR: 29.73%

*Investments are subject to market risks

Strength and Weakness of KPIT Technologies Ltd Stock

StrengthWeakness
  1. The stock has a high average ROCE of 17.83%, which is a positive sign.
  2. The company has higher reserves (916.57 cr) compared to borrowings (208.00 cr), indicating strong financial stability.
  3. The company has shown consistent growth in sales (93.43 cr) and profit (282.86 cr) over the years.
  1. The stock has a high average Working Capital Days of 34.83, which may not be favorable.
  2. The stock has a high average Cash Conversion Cycle of 98.00, which may not be favorable.

Should I Buy KPIT Technologies Ltd Share Now?

  • Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in KPIT Technologies Ltd:
    1. Net Profit Margin: 11.42%
      • Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
    2. ROCE: 23.59% (Industry Average ROCE: 19.94%)
      • ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
    3. ✓ ROE%: 23.06% (Industry Average ROE: 21.15%)
      • ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
    4. Interest Coverage Ratio (Post Tax): 12.90
      • Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
    5. Quick Ratio: 1.24
      • Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
    6. ✗ Stock P/E: 71.8 (Industry average Stock P/E: 52.68)
      • Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
    7. ✓ Total Debt / Equity: 0.02
      • Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
    The current analysis is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
    Stock Rating:

About the Company - KPIT Technologies Ltd

KPIT Technologies Ltd. is a Public Limited Listed company incorporated on 08/01/2018 and has its registered office in the State of Maharashtra, India. Company’s Corporate Identification Number(CIN) is L74999PN2018PLC174192 and registration number is 174192. Currently Company is involved in the business activities of Architecture and engineering activities; technical testing and analysis. Company’s Total Operating Revenue is Rs. 1180.99 Cr. and Equity Capital is Rs. 270.02 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
IT Consulting & SoftwarePlot 17, Rajiv Gandhi Infotech Park, MIDC-SEZ, Pune Maharashtra 411057grievances@kpit.com
http://www.kpit.com
Management
NamePosition Held
Mr. S B Ravi PanditChairman
Mr. Kishor PatilManaging Director & CEO
Mr. Sachin TikekarJt. Managing Director & President
Prof. Alberto Sangiovanni VincentelliIndependent Director
Dr. Nickhil JakatdarIndependent Director
Mr. Anant TalaulicarIndependent Director
Mr. B V R SubbuIndependent Director
Ms. Bhavna DoshiIndependent Director
Prof. Rajiv LalIndependent Director
Mr. Anup SableWhole Time Director
Mr. Chinmay PanditWhole Time Director
Mr. Srinath BatniIndependent Director

FAQ

What is the latest fair value of KPIT Technologies Ltd?

The latest fair value of KPIT Technologies Ltd is ₹1758.61.

What is the Market Cap of KPIT Technologies Ltd?

The Market Cap of KPIT Technologies Ltd is 42,535 Cr..

What is the current Stock Price of KPIT Technologies Ltd as on 30 May 2024?

The current stock price of KPIT Technologies Ltd as on 30 May 2024 is ₹1,552.

What is the High / Low of KPIT Technologies Ltd stocks in FY 2024?

In FY 2024, the High / Low of KPIT Technologies Ltd stocks is 1,764/961.

What is the Stock P/E of KPIT Technologies Ltd?

The Stock P/E of KPIT Technologies Ltd is 71.8.

What is the Book Value of KPIT Technologies Ltd?

The Book Value of KPIT Technologies Ltd is 78.3.

What is the Dividend Yield of KPIT Technologies Ltd?

The Dividend Yield of KPIT Technologies Ltd is 0.26 %.

What is the ROCE of KPIT Technologies Ltd?

The ROCE of KPIT Technologies Ltd is 38.4 %.

What is the ROE of KPIT Technologies Ltd?

The ROE of KPIT Technologies Ltd is 31.2 %.

What is the Face Value of KPIT Technologies Ltd?

The Face Value of KPIT Technologies Ltd is 10.0.

About the Author

Author Avatar
Getaka

Getaka, CFA, a financial analyst with 15 years of experience in the industry. Getaka holds an MBA degree and the Chartered Financial Analyst designation, demonstrating his profound understanding of financial analysis and investment management. Throughout his career, he has conducted numerous financial analyses and due diligence processes for companies in the industry, and has a strong track record of identifying key trends and opportunities. He leverages his expertise to deliver a thorough financial analysis of a company, encompassing its financial performance, key ratios, future prospects, and risks. Getaka is committed to providing accurate, reliable, and trustworthy information to help readers make informed decisions about their finances and investments.

Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in KPIT Technologies Ltd. Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE