KPIT Technologies Ltd
KPIT Technologies Ltd (KPITTECH)

KPIT Technologies Ltd (KPITTECH)

₹499.353.54%

Key Stats

₹495.4
Day's Price Range
₹514.95
₹245.2
52-Week Price Range
₹801
1 Month Return-3.61 %
3 Month Return-14.9 %
1 Year Return97.16 %

Company Financials

  • Quarterly
  • Annual
Value in ₹ crore

Peer Comparsion

PE
Rank 90
50.84
EPS
Rank 46
₹10.18
BVPS
Rank 67
₹44.86
Dividend Yield
Rank 34
0.83%
ROE
Rank 64
9.44%
Price To Book Ratio
Rank 105
11.53
Debt To Asset
Rank 82
0.38

Company Information

KPIT Technologies Limited formerly KPIT Engineering Limited was incorporated in the year January 08 2018. The Company provides Technology solutions in embedded software for the Automobile and Mobility Industry. As on March 31 2019 the Company had 11 subsidiaries and 1 associate company.During the year under review the entire predemerger share capital of the Company was cancelled extinguished and annulled in terms of Clause 25 of the Composite Scheme of Arrangement amongst Birlasoft India Limited Transferor Company and KPIT Technologies Limited Transferee Company renamed as Birlasoft Limited and KPIT Engineering Limited Company or Resulting Company renamed as KPIT Technologies Limited and their respective shareholders. Further pursuant to the said Scheme the Company allotted 274143808 equity shares of Rs10/ each in the ratio of 1:1 on January 29 2019 and thus the issued subscribed and paidup capital of the Company as on March 31 2019 is 2741438080 consisting of 274143808 equity shares of Rs10/ each.During the year 2019 the Company incorporated subsidiaries in Singapore and USA for expanding its operations. Further as a result of demerger the subsidiaries of KPIT Technologies Limited renamed as Birlasoft Limited incorporated in Japan UK USA became subsidiaries of KPIT Engineering Limited renamed as KPIT Technologies Limited.The Company received the Order from Mumbai Bench of Honble National Company Law Tribunal NCLT for the Composite Scheme of Arrangement amongst Birlasoft India Limited Transferor Company and KPIT Technologies Limited Transferee Company renamed as Birlasoft Limited and KPIT Engineering Limited Company or Resulting Company renamed as KPIT Technologies Limited and their respective shareholders on November 29 2018. Birlasoft India Limited was merged into KPIT Technologies Limited which is now renamed as Birlasoft Limited and engineering business was demerged into the Company formerly KPIT Engineering Limited. The engineering business of the Company includes solutions of electronic or mechanical engineering and usage of this data for diagnostics maintenance and tracking of assets and related connectivity solutions including data and analytics beyond embedded or mechanical engineering and their connectivity and integration with backend IT systems and platforms and this will remain the core business of the new engineering Company going forward. The said Scheme became effective with effect from January 15 2019. Further the Company allotted 274143808 equity shares of Rs10/ each on January 29 2019. In terms of the Scheme and as provided for in the Implementation Agreement and other agreements which were executed between Birlasoft India Limited KPIT Technologies Limited renamed as Birlasoft Limited KPIT Engineering Limited renamed as KPIT Technologies Limited and other parties the promoters of the Company and the promoters of Birlasoft Limited have acquired joint control of the Company.During the year under review the Company received certificate from the Registrar of Companies for change in its name from KPIT Engineering Limited to KPIT Technologies Limited with effect from March 13 2019.The Company received the Order from Mumbai Bench of Honble National Company Law Tribunal NCLT for the Composite Scheme of Arrangement amongst Birlasoft India Limited Transferor Company and KPIT Technologies Limited Transferee Company and KPIT Engineering Limited Company or Resulting Company renamed as KPIT Technologies Limited and their respective shareholders on November 29 2018.
OrganisationKPIT Technologies Ltd
HeadquartersPune
IndustryIT - Software