KPIT Technologies Ltd (NSE:KPITTECH)

Q1 2025 KPIT Technologies Ltd Earnings Call Transcript

Jul 24, 2024 / 12:00PM GMT

Release Date Price: ₹1853.85 (+3.31%)

Transcript

Key Points

Positve

KPIT Technologies Ltd (BOM:542651) reported a strong revenue growth of 4.7% quarter-on-quarter and 23.1% year-on-year.
The company launched ECOVOYAGE 2030, a sustainability initiative aimed at achieving net zero by 2030.
KPIT Technologies Ltd (BOM:542651) has a low attrition rate in the single digits, indicating strong employee retention.
The company has introduced several new offerings to reduce time to market and costs for OEMs, enhancing competitiveness.
KPIT Technologies Ltd (BOM:542651) has seen significant growth in Asia, driven by strong performance in middleware and powertrain segments.

Negative

The USA market has shown slower growth compared to other regions, with some OEMs moving headquarters out of the US.
The company faces intensified competition, particularly from Chinese players in the automotive market.
There are headwinds in the mobility sector, with challenges varying across different regions and impacting OEMs' sales and margins.
KPIT Technologies Ltd (BOM:542651) anticipates a 2.8% impact on margins in the next quarter due to salary increments and ESOP costs.
The QORIX joint venture, while promising, will not contribute significantly to revenues until the end of the next calendar year, and will incur operating expenses in the interim.

Operator

Ladies and gentlemen, good day, and welcome to KPIT Technologies Q1 FY24 (sic - 25) conference call hosted by Dolat Capital. (Operator Instructions) Please note that this conference is being recorded. I now hand the conference over to Mr. Rahul Jain from Dolat Capital. Thank you, and over to you, sir.

Rahul Jain

Dolat Capital Market Pvt Ltd - Vice President

Thank you, Aditya. Good evening, everyone. On behalf of Dolat Capital, I would like to thank KPIT Technologies for giving us the opportunity to host this earnings call. And now I would like to hand the conference over to Sunil Phansalkar, who is VP, CF and Head of IR at KPIT to do the management introductions. Over to you Sunil.

Sunil Phansalkar KPIT Technologies Ltd;Head

Investor Relations

Thank you, Rahul. A very warm welcome to all on the Q1 FY25 Earnings Call of KPIT Technologies Limited. On the call today, we have Mr. Kishor Patil, Co-Founder, CEO and MD; Mr. Sachin Tikekar, President and joint MD; Anup Sable, CTO and Board member

Already have an account? Log in

Get the full story

Subscribe Now

	Access to All Earning Calls and Stock Analysis
	30-Year Financial on one screen
	All-in-one Stock Screener with unlimited filters
	Customizable Stock Dashboard
	Real Time Insider Trading Transactions
	8,000+ Institutional investors’ 13F holdings
	Powerful Excel Add-in and Google sheets Add-on
	All data downloadable
	Quick customer support
	And much more...

7-Day Free Trial · Cancel Anytime

Subscription fee may be tax deductible.

Excellent

4.6 out of 5

Trustpilot

Research Tools

All-In-One Screener Stock Ideas Stock List Guru List Guru Real-Time Picks Insider List Insider Trades Economic Indicators Sector & Industry Performance DCF Calculator Calculators Discussion Board

Product

Pricing Plans Excel Add-In Google Sheets Add-on Data API Stock Comparison Table Manual of Stocks Instant Alerts Mobile App Newsletters Signup 中文

Education

Financial Glossary Tutorials FAQ Buffett Indicator Shiller P/E Yield Curve Today U.S. Inflation Rate Global Market Valuation Fed Net Liquidity Buffett Assets Allocation

Company

About GuruFocus Career Contact Us Advertise Term of Use Privacy Policy Referral Program Partner Program

Survey

We'd love to learn more about your experiences on GuruFocus.com and how we can improve!

Take Survey

Disclaimers

GuruFocus.com is not operated by a broker or a dealer. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes are provided by QuoteMedia, Inc. (CSI). Company fundamental data is provided by Morningstar. Analyst estimates data is sourced from both Refinitiv and Morningstar, with priority given to Refinitiv data. Data is updated daily.