KPIT Technologies Ltd (KPITTECH)

KPIT Technologies' Strong Earnings Fundamentals Please Investors - 06 May, 2024

Investors are pleased with KPIT Technologies' recent earnings report, which shows strong earnings fundamentals and an impressive growth rate in earnings per share over the last three years. Despite a negative accrual ratio, the company's free cash flow has improved significantly over the past year, indicating that its underlying earnings potential may be even better than reported.

Goldman Sachs Raises Buy Rating on KPIT Technologies - 02 May, 2024

KPIT Technologies receives a buy recommendation from Goldman Sachs with an upside potential of 27%. The company's Q4 FY24 EBITDA stood at 20.7%, up by 160 basis points YoY, and revenues surged to $587 million in FY23-24. KPIT management envisions sustaining robust growth with projected CC revenue growth ranging from 18% to 22% for FY25.

KPIT Technologies Reports Strong Q4 Results - 01 May, 2024

KPIT Technologies reported a 29.53% YoY increase in revenue and a 47.27% YoY rise in profit for Q4, with EPS at ₹6.02. The company delivered impressive returns to investors, with a 9.42% return in the last week and a 27.26% return in the last 6 months. Analysts have given mixed ratings, but the consensus recommendation is Buy as of May 1, 2024.

KPIT Technologies Reports Strong Q4 Results and Positive Guidance - 30 Apr, 2024

KPIT Technologies reports strong Q4 results with significant growth in revenue and profits, as well as positive guidance for FY25. JPMorgan maintains neutral rating but raises target price, while JM Financial gives BUY rating. Shares initially rise but later trade in red.

KPIT Tech Reports Strong Q4 Results - 29 Apr, 2024

KPIT Technologies Ltd has reported a strong Q4 FY24 result with a 47.3% YoY growth in net profit, while also declaring a dividend of Rs. 4.60 per equity share. The company expects an 18-22% growth in topline in the new fiscal year, with Asia being the biggest growth driver. KPIT Tech recorded a CC growth of 39.1% in FY24 and sees its revenue growth for FY25 at 18-22%, while margin is expected to be over 20.5%. Overall

KPIT Technologies Shares Deliver Multibagger Returns; Approves Employee Stock Options - 26 Apr, 2024

KPIT Technologies has seen a significant rise in its share price over the past three years, with analysts assigning a hold rating and target price of Rs 1500. The company recently approved the grant of 5,000 employee stock options under the ESOS 2019A scheme.

Private Companies and Individuals are the Largest Shareholders of KPIT Technologies - 11 Apr, 2024

Private companies hold 34% ownership, while individual investors own 31%. The largest shareholder is Proficient Finstock LLP with 33% of shares outstanding. Insiders own a meaningful stake worth ₹29b.