Debasis Mohapatra
Bengaluru, 17 May 2025
KPIT Technologies reported its Q4FY25 results recently. Despite a good deal pipeline, the company refrained from providing revenue growth and margin guidance for FY26.
Here is a snapshot of its financials.
Q4FY25 Financials- KPIT Technologies
| Particulars | Q4FY25 | YoY Rise/Fall |
| Revenue | $177 million | 15% ↑ (Constant Currency) |
| EBITDA Margin | 21.1% | 40 basis points ↑ |
| Order Intake | $280 million | – |
FY25 Financials:
| Particulars | FY25 | YoY Rise/Fall |
| Revenue | $691 million | 18.7% ↑ (Constant Currency) |
| EBITDA Margin | 21% | 70 basis points ↑ |
| Active Clients | 65 | 5 ↑ |
| Revenue from Passenger Cars vertical* | $555.71 million | 22.7% ↑ |
| Revenue from Commercial Vehicle vertical* | $110.47 million | 0.9% ↓ |
- Passenger Cars and Commercial Vehicles are the two verticals of KPIT Tech.
Revenue from various geographies- FY25:
| Revenue | FY25 | YoY Rise/Fall |
| US | $189.60 million | 4.8% ↑ |
| Europe | $329.59 million | 7.9% ↑ |
| Asia | $172.24 million | 70.6% ↑ |
Insights:
- Despite macroeconomic uncertainties, KPIT remained one of the fastest growing ER&D players in India and the world.
- Growth in Europe has to be sustained for sound performance in FY26.
- Automotive segment in ER&D space is going through a slowdown. KPIT has to navigate through this slowdown in FY26.
- US-EU trade deal contours will influence the automotive sector in the coming quarters.
- Performance in Asia, especially China, will influence the growth numbers of KPIT.
(Source: Company Filings, Investor Presentation)
