KPIT Tech shares have seen sustained growth in recent months, driven by strong financial performance and focus on high-potential sectors like electric vehicles and autonomous driving. However, high valuation metrics compared to the IT sector average indicate some potential risk for investors.
KPIT Technologies Ltd., popularly known as KPIT, is a leading Indian multinational corporation specializing in embedded software and product engineering services for the automotive industry. Established in 1990, KPIT has solidified its position in the global market by focusing on pioneering solutions for the next generation of mobility, headquartered in Pune, India, KPIT boasts a widespread global footprint with development centers strategically placed across Europe, the USA, Japan, China, Thailand, and India. With a dedicated workforce exceeding 11,000 employees, the company excels in a spectrum of services including embedded software development, product engineering, digital transformation, data analytics, and AI solutions.
KPIT Share Historical Yearly Growth and Analysis:
KPIT Share has demonstrated impressive performance, with a notable 31.5% year-over-year profit growth. Looking ahead, the company expects its profits to potentially soar by up to 52% for FY24. Over the past three years, KPIT Share has maintained a steady revenue growth with a 3-year Compound Annual Growth Rate (CAGR) of 15.99%. These metrics showcase the company’s strong momentum and effective execution of its business strategies, positioning it for continued success in the foreseeable future.
KPIT Technologies has showcased an impressive trajectory in its historical share price performance, marked by significant highs and periods of stability. Over the last decade, since its rebranding in 2013, the company has demonstrated remarkable growth, yielding an extraordinary 1140% return on investment (ROI). This translates to an average yearly return of around 38%, surpassing the broader market’s performance.
Also Read- Adani Green Energy Share Price target 2024,2025,2030,2040 and 2050
KPIT Share Price expected growth in upcoming months:
Over the past ten years (December 2013 – December 2023), KPIT Technologies has registered a remarkable CAGR of 39.6%. This impressive growth surpasses the broader market’s performance and highlights the company’s strong financial performance and focus on promising future technologies.
Drawing upon KPIT’s historical Compound Annual Growth Rate (CAGR) of 39.6%, an extension of this trajectory in the foreseeable future could potentially result in notable share price escalations.
Analyst Estimates for KPIT Share Price in 12 Months:
| Analyst Firm | 12-Month Target Price (INR) |
|---|---|
| Motilal Oswal | 1710 |
| ICICI Direct | 1620 |
| Edelweiss | 1590 |
KPIT Technologies Ltd (KPIE) Stock Price Prediction 2024
| Year 2024 | KPIT Share Price Prediction 2024 ₹1510 |
KPIT Technologies Ltd (KPIE) Stock Price Prediction 2025
| Year 2025 | KPIT Share Price Prediction 2025 ₹2000 |
KPIT Technologies Ltd (KPIE) Stock Price Prediction 2027
| Year 2027 | KPIT Share Price Prediction 2027 ₹3010 |
KPIT Technologies Ltd (KPIE) Stock Price Prediction 2029
| Year 2029 | KPIT Share Price Prediction 2029 ₹5000 |
KPIT Technologies Ltd (KPIE) Stock Price Prediction 2030
| Year 2030 | KPIT Share Price Prediction 2030 ₹9393 |
Top Investors in KPIT:
| Investor Type | Stake (%) | Description |
|---|---|---|
| Promoters: | 38.47% | |
| – Proficient Finstock LLP | 33.00% | Large private company holding the majority stake. |
| – Kishor Patil (CEO and MD) | 4.90% | Individual stake held by the company founder and CEO. |
| – Other Promoters | 0.57% | Combined stake of other promoters. |
| Mutual Funds: | 7.90% | Portfolio investments from various mutual funds. |
| Foreign Institutional Investors (FIIs): | 25.69% | Significant holdings from international investors. |
| Individual Investors: | 28.04% | A large number of retail investors holding shares. |
KPIT releases his IPO in 1999:
KPIT Technologies made its grand entrance into the public market with an initial public offering (IPO) back in 1999. It was a roaring success, oversubscribed a whopping 50 times, showcasing investor confidence in the budding software solutions company. The IPO itself was a significant milestone, raising Rs. 32.86 crore, offering investors a chance to be part of a company poised for growth in the tech landscape.
Some Frequently Asked Questions:
Is KPIT a good investment?
If you’re looking for a high-growth stock with exposure to exciting future markets, KPIT could be a good fit.
What are the analyst ratings for KPIT?
KPIT receives predominantly positive ratings from analysts, with most recommending Buy or Hold due to its strong financial performance, growth potential, and focus on promising sectors like electric vehicles and autonomous driving.
What role does KPIT play in the development of electric vehicles?
They design software that makes EVs:
Last longer (battery management)
Talk seamlessly (connected car tech)
Drive themselves (autonomous features)
⚡ Charge smartly (charging infrastructure)
