“Our engagements with Strategic Clients are progressively becoming more pertinent and partnership oriented. We are committed to investments in new-age technologies, relevant to the Mobility Industry, to further strengthen our solutions for accelerating the transformation journey of our clients. Our attention is on ensuring successful delivery of large complex engagements that are also critical to the success of our clients. The employee turnover has shown a declining trend over the last 2 quarters. We expect this trend to stay, going forward. We continue to focus on attraction, development and retention of relevant talent, across the globe.”
– Mr. Sachin Tikekar, President & Joint MD
| Stock Data | |
| Ticker | KPITTECH |
| Exchange | NSE |
| Industry | TECHNOLOGY |
| Price Performance | |
| Last 5 Days | -15.15% |
| YTD | +14.81% |
| Last 12 Months | +33.58% |
*As of 10.04.2023
Company Description:
KPIT Technologies is an Indian multinational corporation that specializes in providing technology solutions and services to various industries. The company is headquartered in Pune, India, and has operations in over 25 countries worldwide. KPIT Technologies was founded in 1990 and has since grown to become a leading player in the technology sector. The company is known for its expertise in areas such as automotive engineering, digital transformation, and product engineering.
KPIT Technologies offers a wide range of technology solutions and services to various industries, including automotive, manufacturing, energy, and utilities. The company’s services can be broadly classified into three categories:
- Digital Transformation Services: KPIT Technologies helps companies in their digital transformation journey by providing services such as digital strategy, digital engineering, and digital operations. The company’s expertise in areas such as IoT, cloud computing, and AI helps its clients in achieving their digital transformation goals.
- Product Engineering Services: KPIT Technologies provides product engineering services to various industries such as automotive, aerospace, and industrial equipment. The company’s expertise in areas such as embedded systems, software engineering, and mechanical engineering helps its clients in developing innovative products.
- IT Services: KPIT Technologies provides a range of IT services such as application development, maintenance and support, infrastructure management, and testing services. The company’s IT services are designed to help its clients in optimizing their IT operations and reducing costs.
Key Strengths:
- Domain Expertise: KPIT Technologies has a deep understanding of various industries, including automotive, manufacturing, energy, and utilities. The company’s expertise in these domains has helped it in providing customized solutions to its clients.
- Digital Transformation: KPIT Technologies is a leading player in the digital transformation space. The company has helped many companies in their digital transformation journey by providing services such as digital strategy, digital engineering, and digital operations. This is evident from the growing and consistent profits reported by the company in the recent quarters.
- Product Engineering: KPIT Technologies has strong capabilities in product engineering. The company’s expertise in areas such as embedded systems, software engineering, and mechanical engineering has helped it in developing innovative products for its clients.
- Global Presence: KPIT Technologies has a strong global presence with operations in over 25 countries. The company’s global presence has helped it in serving its clients worldwide and expanding its operations.
- Strategic Partnerships: KPIT Technologies has established strategic partnerships with several leading technology companies such as Microsoft, PTC, and Siemens. These partnerships have helped the company in enhancing its capabilities and providing innovative solutions to its clients.
Key Opportunities:
- Growing Demand for Digital Transformation: There is a growing demand for digital transformation across various industries, and KPIT Technologies is well-positioned to capitalize on this opportunity. The company’s expertise in digital transformation can help it in serving the needs of its clients and expanding its operations.
- Expansion into New Geographies: KPIT Technologies has a strong global presence, but there are still several untapped markets that the company can explore. Expansion into new geographies can help the company in reaching new clients and diversifying its operations.
- Strategic Partnerships: KPIT Technologies can continue to establish strategic partnerships with leading technology companies. These partnerships can help the company in enhancing its capabilities and providing innovative solutions to its clients.
Key Risks:
- Talent Acquisition and Retention: KPIT Technologies operates in a highly specialized industry, and it must attract and retain skilled professionals to maintain its position as a leading technology solutions provider. The company must continue to offer competitive salaries, benefits, and career development opportunities to attract and retain top talent.
KPIT Technologies is a leading technology solutions provider that has grown rapidly since its inception in 1990. The company’s expertise in areas such as automotive engineering, digital transformation, and product engineering has helped it in becoming a trusted partner for many companies worldwide. With its recent merger with Birlasoft, KPIT Technologies is well-positioned to continue its growth and provide innovative solutions to its clients.