Table of Contents
KPIT Technologies provides Software Development, global IT consulting and Product Engineering Solutions to its clients, predominantly in Automotive & Trnasportation, Manufacturing and Energy & Utilities verticals. The Company is also engaged in the production of Integrated Systems, under product engineering solutions vertical. Below is the details of KPIT KPIT Technologies Ltd Quarterly reports are issued by companies every three months. Most companies have a financial year-end of Mar. 31 and quarters that end on June 30, Sept. 30, Dec. 31 and March 31. Standalone Figures in The profit and loss (P&L) statement is a financial statement that summarizes the revenues, costs and expenses incurred during a specified period, usually a fiscal quarter or year. The P&L statement is synonymous with the income statement. These records provide information about a company's ability or inability to generate profit" by increasing revenue, reducing costs or both. Some refer to the P&L statement as a statement of profit and loss, income statement, statement of operations, statement of financial results or income, earnings statement or expense statement. Standalone Figures in A balance sheet is a financial statement that reports a company's assets, liabilities and shareholders' equity at a specific point in time, and provides a basis for computing rates of return and evaluating its capital structure. It is a financial statement that provides a snapshot of what a company owns and owes, as well as the amount invested by shareholders. It is used alongside other important financial statements such as the income statement and statement of cash flows in conducting fundamental analysis or calculating financial ratios. Standalone Figures in Cash flow is the net amount of cash and cash-equivalents being transferred into and out of a business. At the most fundamental level, a company’s ability to create value for shareholders is determined by its ability to generate positive cash flows, or more specifically, maximize long-term free cash flow. Standalone Figures in KPIT Technologies Ltd
Stock/Share Code - KPIT
Market Cap ₹3,080 Cr. Current Price ₹112.35 52 Week High / Low Price ₹193.29 / ₹106.6 Face Value ₹2 Stock P/E 15.13 Book Value ₹54.86 Dividend Yield 1.48 % ROCE 11.54 % ROE 12.19 % Sales Growth (3yrs) 5.00 % Sector IT - Software Industry Computers - Software - Medium / Small Listed on BSE AND NSE Company Website Company Website KPIT Technologies Ltd Peer Comparison in IT - Software
S.No. Name CMP Rs. P/E Mar Cap Rs.Cr. Div Yld % NP Qtr Rs.Cr. Qtr Profit Var % Qtr Sales Var % Sales Qtr Rs.Cr. ROCE % 1. 21.83 ₹31,135.92 Cr. 1.19 ₹375.5 Cr. 32.83 31.27 2472.90 39.50 2. Mindtree 20.43 ₹15,075.67 Cr. 1.20 ₹191.2 Cr. 35.12 29.72 1787.20 26.55 3. L&T Technology 21.75 ₹15,938.48 Cr. 1.03 ₹185.6 Cr. 46.95 35.89 1316.90 37.86 4. Hexaware Tech. 18.36 ₹10,551.87 Cr. 1.13 ₹123.44 Cr. 2.04 24.64 1252.42 34.25 5. Cyient 15.65 ₹6,576.37 Cr. 2.23 ₹92.3 Cr. 1.74 20.79 1187.70 22.87 6. Brightcom Group 0.33 ₹135.73 Cr. 0.00 ₹84.03 Cr. 8.65 6.53 473.91 22.46 7. NIIT Tech. 21.31 ₹8,182.01 Cr. 1.13 ₹100.2 Cr. 32.54 28.45 971.70 23.58 8. KPIT Tech. 15.13 ₹3,080 Cr. 1.48 ₹25.8 Cr. -46.97 4.40 222.61 11.54
Talk to our investment specialistKPIT Technologies Ltd Fundamentals
Quarterly Results
Rs. Crores
Mar 2016 Jun 2016 Sep 2016 Dec 2016 Mar 2017 Jun 2017 Sep 2017 Dec 2017 Mar 2018 Jun 2018 Sep 2018 Dec 2018 Sales 327 328 341 329 321 313 351 213 400 420 223 223 YOY Sales Growth % 1.71% 6.02% 7.15% 6.82% -1.74% -4.64% 2.96% -35.16% 24.59% 34.26% -36.61% 4.4% Expenses 248 248 267 268 274 279 300 165 327 332 183 176 Material Cost % 1.25% 0.98% 1.31% 1.77% 3.26% 0.12% 0.35% 0% 1.02% 0.04% 0% 0% Employee Cost % 54.11% 57.6% 60.03% 61.4% 62.49% 67.69% 66.95% 61.31% 61.27% 59.31% 60.46% 60.58% Operating Profit 79 80 74 61 47 34 52 48 73 88 39 47 OPM % 24% 24% 22% 19% 15% 11% 15% 22% 18% 21% 18% 21% Other Income 4 12 4 2 -1 17 11 21 16 14 36 3 Interest 1 5 0 6 -2 1 1 1 1 4 1 1 Depreciation 15 16 17 17 20 17 17 9 22 22 10 9 Profit before tax 66 71 60 40 27 33 45 58 65 76 64 40 Tax % -3% 18% 18% 16% -5% 15% 17% 17% 3% 22% 14% 36% Net Profit 68 58 49 34 28 28 38 49 64 59 55 26 Notes Notes Notes Notes Notes Notes Notes Notes Notes Notes Notes Notes Profit & Loss
Rs. Crores
Mar 2007 Mar 2008 Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 TTM Sales 316 463 644 427 528 613 715 930 1,246 1,262 1,320 1,442 1,266 Sales Growth % 20.46% 46.73% 39.03% -33.71% 23.56% 16.16% 16.7% 30.07% 33.91% 1.29% 4.57% 9.3% % Expenses 259 390 548 294 416 478 540 682 1,006 971 1,058 1,209 1,018 Material Cost % 0% 0% 0% 0% 0% 0% 0% 0.28% 6.77% 1.05% 1.82% 0.42% % Manufacturing Cost % 32.16% 31.91% 29.33% 15.43% 9.11% 9.42% 8.31% 9.78% 8% 8.02% 9.68% 8.57% % Employee Cost % 36.34% 40.03% 34.95% 43.36% 57.87% 54.5% 52.38% 49.69% 53.28% 56.86% 60.36% 64.08% % Other Cost % 13.4% 12.28% 20.76% 9.94% 11.95% 14.06% 14.76% 13.54% 12.67% 11.03% 8.29% 10.76% % Operating Profit 57 73 96 134 111 135 176 248 240 291 262 233 248 OPM % 18% 16% 15% 31% 21% 22% 25% 27% 19% 23% 20% 16% 20% Other Income 8 27 5 -9 6 16 4 29 23 28 16 45 69 Interest 6 9 8 6 4 5 8 20 22 11 9 5 8 Depreciation 11 20 23 28 35 40 38 40 69 58 71 73 63 Profit before tax 48 71 70 90 79 107 134 218 171 249 198 201 246 Tax % 5% 9% 11% 13% 12% 30% 23% 22% 11% 19% 15% 12% Net Profit 46 64 63 78 69 75 103 170 152 203 169 178 204 EPS in Rs 1.84 2.49 2.44 3.03 2.39 2.51 3.19 5.49 4.82 6.35 5.53 5.75 Dividend Payout % 11% 9% 7% 7% 9% 17% 17% 12% 14% 20% 24% 26% Compounded Sales Growth
Compounded Profit Growth
Return on Equity
Balance Sheet
Rs. Crores
Mar 2007 Mar 2008 Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Share Capital 15 16 16 16 18 36 39 37 38 38 38 38 Equity Capital 14.96 15.58 15.61 15.7 17.57 35.59 38.56 37.1 37.61 37.57 37.64 37.9 Reserves 176 257 156 371 564 579 849 1,006 1,005 1,182 1,337 1,466 Borrowings 122 86 118 111 98 140 279 411 444 255 353 283 Other Liabilities 66 80 241 92 126 178 166 210 231 229 207 322 Trade Payables 22.1 23.73 31.92 31.22 44.32 54.32 42.01 44.4 74.39 57.82 69.97 82.29 Total Liabilities 379 439 531 589 805 933 1,331 1,664 1,718 1,703 1,933 2,109 Fixed Assets 114 108 113 112 115 144 143 180 195 229 235 363 Gross Block 140.11 163.05 189.76 208.38 269.56 333.67 364.12 443.81 534.2 287.7 364.34 564.86 Accumulated Depreciation 26.33 54.91 76.6 95.94 154.15 189.27 221.3 263.63 339.32 58.37 129.04 201.38 CWIP 18 21 35 28 28 17 20 2 11 33 126 29 Investments 84 72 83 227 227 403 740 815 553 516 632 709 Other Assets 163 238 300 223 435 369 429 667 958 925 940 1,007 Inventories 0 0 0 0 0 0 0 2.33 20.77 30.72 7.5 2.77 Trade receivables 107.53 122.82 128.73 99.91 174.73 194.59 222.51 356.8 469.09 364.82 500.57 547.73 Cash Equivalents 26.53 57.78 122.91 57.88 148.08 39.76 68.98 57.73 180.57 219.8 138.03 152.4 Loans n Advances 28.88 57.45 48.32 64.72 37.28 46.81 45.86 104.89 126.72 239.21 208.98 209.16 Total Assets 379 439 531 589 805 933 1,331 1,664 1,718 1,703 1,933 2,109 Cash Flows
Rs. Crores
Mar 2007 Mar 2008 Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Cash from Operating Activity 37 51 124 110 32 96 116 68 210 360 126 266 Profit from operations 64.68 90 130.04 113.48 106.13 135.33 172.82 242.81 261.07 316.31 266.93 261.18 Working Capital Changes -25.64 -24.11 3.68 12.42 -57.29 -16.8 -21.6 -130.86 1.27 103.93 -85.18 37.99 Taxes paid -1.56 -15.14 -10.2 -16.05 -17.19 -22.61 -34.83 -43.96 -52.35 -60.36 -55.79 -33.5 Cash from Investing Activity -82 -18 -70 -146 -42 -233 -372 -172 -93 -123 -154 -135 Fixed Assets Purchased -59.54 -17.42 -43.26 -22.07 -33.37 -52.32 -47.54 -47.86 -83.91 -117.2 -166.44 -99.72 Fixed Assets Sold 0.18 0.45 0.37 0.05 0.26 6.99 8.16 12.46 0.24 0.19 0.59 0.17 Investments purchased 0 0 0 -62.02 0 0 -5 -5 0 59.03 -66.01 -52.46 Investments sold 0.01 0 0 0 27.16 11.19 -167.17 37.43 115.09 0 0 14.31 Cash from Financing Activity 36 -1 -9 -13 105 29 283 90 -26 -270 50 -117 Proceeds from Shares 13.09 39.28 0.05 2.6 123.37 6.5 170.55 11.93 14.14 -7.61 2.85 11.23 Proceeds from Borrowings 34.84 0.13 10.63 20.28 17.44 65.72 10.67 0.84 0 136.19 2.04 0 Repayment of Borrowings 0 -27.95 -5.56 -23.71 -22.55 -32.08 -3.11 -3.81 -3.68 -2.3 -0.88 -0.87 Interest Paid -9.08 -8.65 -7.49 -6.25 -3.6 -4.48 -6.66 -12.21 -22.66 -7.61 -7.99 -4.74 Dividends Paid -2.9 -6.12 -6.38 -5.48 -6.42 -7.15 -14.48 -19.72 -24.15 -26.09 -50.3 -50.3 Net Cash Flow -8 31 44 -49 95 -109 27 -14 90 -34 22 14
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Mar 2007 Mar 2008 Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 ROCE % 20% 24% 24% 25% 14% 16% 15% 17% 13% 18% 13% 12% Debtor Days 124 97 73 85 121 116 114 140 137 106 138 139 Inventory Turnover 798.54 107.86 49.01 69.05 280.87 Announcements & News
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