KPIT Technologies Limited — Q1FY27 earnings call summary

Filed 04 August 2026 · Official transcript

Q1 FY27 revenue nearly flat y-y with 0.1% constant currency growth, USD revenue down 0.6%, Q-o-Q decline 3.6%
H2 FY27 expected to see growth recovery, with Q4 driving return to growth and profitability
Medium-term margin aspiration of 22-24% by FY29 remains, driven by product/solution revenue growth and outcome-based models
European OEMs under pressure from China competition; KPIT engaged in cost reduction and speed-to-market initiatives to help clients
Pipeline strong globally; Europe impact expected to reflect more in Q2; US and SIMA regions showing growth
Strategic client revenue stable; decline mainly from top 2 clients and non-strategic segments
EBITDA margin at 17.2%, EBIT 12.3%, PAT INR 1.17bn impacted by forex loss and Qorix share loss
USD 257mn deal wins driven by connected cars, aftersales transformation, autonomous tech