KPIT Technologies Ltd

KPIT Q4 Update: $349M in New Deals, Eyes 30% Growth 🚀

• Closed $349 million in new deals during Q4 FY26

• Targeting 30% year-on-year revenue growth in solutions and products

• Aiming for EBITDA margin of 22-24%

• Reported 1.8% constant currency growth and 1.9% QoQ dollar growth for Q4 FY26

• Revenue growth led by trucks and off-highway segments (18% YoY)

• 21% of pipeline focused on products and solutions

• EBITDA margin for FY26 was 20.8%, with Q4 at 20.6%

• Maintaining over 5% investment in R&D

• Plans to expand into new markets including India, China, Southeast Asia, and Africa

• Targeting to double revenue in India in the near term (currently at 4% of total revenue)

• Shifted business model towards fixed-price contracts with over 80% of new contracts being fixed price

• Added 13 new clients including 4 truck OEMs and 6 off-highway OEMs

• Reviving focus on micromobility (e.g., two-wheelers and three-wheelers)

• Targeting wallet share increase from 10% to 15-20% among top 25 clients

• Committed to becoming net-zero by 2050 and reducing carbon footprint by 40% by 2030

• Exploring adjacencies beyond automotive including robotics, aerospace, and space tech