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KPITTECH - Fundamental Analysis: Financial Health & Valuation

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Rating: 4.3

Last Updated Time : 19 Mar 26, 07:10 pm

Fundamental Rating: 4.3

Stock Code KPITTECH Market Cap 18,911 Cr. Current Price 690 ₹ High / Low 1,434 ₹
Stock P/E 33.3 Book Value 71.2 ₹ Dividend Yield 1.24 % ROCE 34.4 %
ROE 27.1 % Face Value 10.0 ₹ DMA 50 881 ₹ DMA 200 1,115 ₹
Chg in FII Hold -0.74 % Chg in DII Hold 1.46 % PAT Qtr 87.6 Cr. PAT Prev Qtr 119 Cr.
RSI 31.1 MACD -77.2 Volume 44,96,940 Avg Vol 1Wk 29,44,356
Low price 625 ₹ High price 1,434 ₹ PEG Ratio 1.26 Debt to equity 0.07
52w Index 8.05 % Qtr Profit Var -22.0 % EPS 19.4 ₹ Industry PE 20.9

📊 Core Financials

  • Revenue & Profitability: PAT declined sequentially (₹119 Cr → ₹87.6 Cr), showing short-term weakness. EPS at ₹19.4 remains strong.
  • Margins: ROCE at 34.4% and ROE at 27.1% highlight excellent efficiency and profitability.
  • Debt: Debt-to-equity ratio of 0.07 indicates very low leverage and strong financial health.
  • Cash Flow: Strong operating efficiency supports healthy cash generation despite quarterly volatility.

💹 Valuation Indicators

  • P/E: 33.3, above industry average (20.9), suggesting premium valuation.
  • P/B: 9.7 (₹690 / ₹71.2), reflecting high market expectations.
  • PEG Ratio: 1.26, indicating growth is fairly priced but not cheap.
  • Intrinsic Value: Current price ₹690 is below recent averages; attractive entry closer to ₹625–675.

🏢 Business Model & Competitive Advantage

  • Strong presence in automotive software and digital engineering services.
  • High ROCE and ROE demonstrate superior capital efficiency.
  • Low debt enhances resilience and long-term sustainability.

📈 Entry Zone & Long-Term Guidance

  • Entry Zone: ₹625–675 range offers attractive entry.
  • Long-Term Holding: Suitable for investors seeking exposure to automotive tech growth, though short-term volatility should be expected.


✅ Positive

  • Exceptional ROCE (34.4%) and ROE (27.1%) highlight strong profitability.
  • Debt-to-equity ratio of 0.07 indicates financial strength.
  • Dividend yield of 1.24% adds to shareholder returns.
  • DII holdings increased by 1.46%, showing domestic institutional confidence.

⚠️ Limitation

  • Sequential PAT decline (-22%).
  • High P/E (33.3) compared to industry average (20.9).
  • High P/B ratio reflects premium valuation.
  • Stock trading below DMA 50 (₹881) and DMA 200 (₹1,115), showing weak momentum.

📉 Company Negative News

  • Quarterly profit decline of -22%.
  • Technical indicators (RSI 31.1, MACD -77.2) suggest oversold and bearish momentum.
  • FII holdings decreased by 0.74%, showing reduced foreign investor confidence.

📈 Company Positive News

  • DII holdings increased by 1.46%, reflecting strong domestic institutional support.
  • Dividend yield of 1.24% supports investor returns.
  • Near debt-free status enhances long-term stability.

🏭 Industry

  • Industry P/E at 20.9, lower than company’s P/E, indicating premium valuation.
  • Automotive technology sector remains resilient with strong demand for digital engineering and EV-related solutions.

🔎 Conclusion

  • KPIT Tech demonstrates strong fundamentals with superior ROCE and ROE.
  • Valuation is premium compared to industry, though intrinsic value suggests opportunity at lower levels.
  • Entry zone between ₹625–675 is favorable for long-term investors.
  • Overall, a fundamentally strong company with excellent efficiency, suitable for compounding returns despite short-term profit volatility and momentum weakness.

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