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KPIT Technologies Limited (KPITTECH) Fair Value & Analysis

Technology · IN · Market cap ₹153B

KT KPIT Technologies Limited KPITTECH · NSE
Price₹609.00
Fair Value₹655.54
Upside+7.6%
Quality62/100
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Mixed Growth
Thin margins · 9.9% net margin
Low debt · generates free cash flow
1.34% dividend yield
Ranks above peers (9/14)
Moderate moat 62/100
Evidence: High Range ₹491.65 – ₹819.42 Share as image

Fair value as of: Aug 13, 2026

From 26 valuation models · updated 4 days ago

Fair value updated Aug 13, 2026, revised from ₹468.24 to ₹655.54 (+40.0%) since Aug 8, 2026. Share price +9.9% over the past month.

A solid business, currently priced close to our fair value.

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What matters now

  • The price sits close to our fair value, market and models broadly agree here, little valuation tension.
  • Our model range runs from ₹491.65 (bear) to ₹819.42 (bull), base ₹655.54. The closer the price sits to the lower half, the larger the margin of safety.
  • Quality 62/100 (solid quality) with high evidence: the data supports the verdict.
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Price vs Fair Value (5 years)

₹1,847 ₹197.02 Fair Value ₹655.54 May 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 13, 2026.

How to read this chart

60‑month range ₹197.02 – ₹1,847 · fair‑value band ₹491.65 – ₹819.42 · the ₹609.00 price screens below the ₹655.54 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Aug 13, 2026.

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Analysis

KPIT Technologies Limited (KPITTECH) currently trades at ₹609.00, while our model-based Fair Value estimate is ₹655.54, implying the stock looks roughly 7.6% fairly valued today. The Quality Score stands at 62/100 (solid quality), in the Technology sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: high), always confirm before acting.

Over the trailing twelve months, KPIT Technologies Limited generated revenue of ₹64.5B at a net margin of 9.9%. Revenue grew 12.0% year over year. It earns a return on equity of 19.7%. The balance sheet holds a net cash position of ₹5.0B. Fundamentals as of Aug 13, 2026

Our scenario range runs from ₹491.65 (bear case) to ₹819.42 (bull case); at ₹609.00, the current price sits within that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 54% below its 52-week high and 10% above its 52-week low, currently below its 200-day average. For context, the median of 10 Technology peers we cover trades at -59% fair-value upside, at 8%, KPITTECH screens cheaper than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Model Bear Bear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull Bull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. Evidence
Highest evidence
Growth DCF ₹638.03 ₹1,149 ₹2,182 80
Residual Income ₹154.15 ₹201.97 ₹695.65 76
Rev-Margin DCF ₹501.40 ₹931.13 ₹1,738 74
All 26 models by family
DCF Models
FCF DCF ₹675.56 ₹1,038 ₹2,191 38
Owner Earnings ₹502.61 ₹1,088 ₹2,316 31
5Y Revenue Exit ₹499.58 ₹819.34 ₹1,488 39
5Y EBITDA Exit ₹720.87 ₹1,267 ₹2,338 41
5Y P/E Exit ₹588.20 ₹1,235 ₹2,111 38
10Y Revenue Exit ₹543.16 ₹1,109 ₹1,459 36
10Y EBITDA Exit ₹720.50 ₹1,586 ₹3,105 37
10Y P/E Exit ₹623.69 ₹1,300 ₹2,401 35
Earnings-Based
Graham-Dodd ₹159.20 ₹1,110 ₹1,558 54
Lynch FV ₹415.28 ₹593.26 ₹771.24 50
PEG = 1.0 ₹415.28 ₹593.26 ₹771.24 46
EPV ₹327.52 ₹374.77 ₹416.12 59
Dividend Discount
Gordon GGM ₹75.68 ₹157.36 ₹249.64 70
DDM Multi-Stage ₹75.68 ₹132.69 ₹165.15 61
Multiples
P/E Multiple ₹491.65 ₹655.54 ₹819.42 63
P/S Multiple ₹298.50 ₹398.00 ₹497.51 58
P/B Multiple ₹298.50 ₹398.00 ₹497.51 55
EV/EBIT ₹735.03 ₹965.38 ₹1,196 53
EV/EBITDA ₹711.32 ₹933.77 ₹1,156 54
EV/Revenue ₹393.36 ₹543.08 ₹692.80 43
Asset-Based
NCAV (Graham) ₹65.04 ₹87.15 ₹130.07 50
Growth DCF
Growth DCF ₹638.03 ₹1,149 ₹2,182 80
Rev-Margin DCF ₹501.40 ₹931.13 ₹1,738 74
Economic Profit
Residual Income ₹154.15 ₹201.97 ₹695.65 76
ROIC Compounder ₹403.47 ₹565.46 ₹788.70 72
Growth Earnings
Growth-Adj P/E ₹600.49 ₹857.85 ₹1,115 68

Widest divergence: DCF Models (₹1,109) versus Asset-Based (₹87.15). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) ₹64.5B
Revenue growth (YoY) +12.0%
Net margin 9.9%
Return on equity 19.7%
Free cash flow ₹10.2B FY2026
P/E ratio 26.1
More key figures
Operating margin 15.9%
EPS (TTM) ₹23.30
Dividend yield 1.3%
EPS growth (YoY) -33.5%
Net cash ₹5.0B FY2026

Figures from reported company fundamentals · as of Aug 13, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 62/100

Of which business quality 64 · Market factors (momentum, volatility) 26

Profitability 58
Margins and returns on capital today
Quality Growth 27
Are margins and returns improving?
Cashflow 78
Earnings quality: real cash, not paper profit
Fin. Strength 85
Balance sheet, leverage, solvency risk
Investment 33
Disciplined investing over empire-building
Low Volatility 72
Calm price path (market factor)
Momentum 9
Price trend over the last 3–12 months (market factor)
52W Momentum 4
Distance to the 52-week high (market factor)
Net Issuance 81
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

KPIT Technologies Limited provides embedded software, artificial intelligence, and digital solutions for the automobile and mobility sector in the Americas, the United Kingdom, rest of Europe, and internationally.

Full company description

KPIT Technologies Limited provides embedded software, artificial intelligence, and digital solutions for the automobile and mobility sector in the Americas, the United Kingdom, rest of Europe, and internationally. The company offers autonomous driving and advanced driver assistance system solutions, including system engineering and functional safety; platform and software integration; integrated domain validation; ADAS features development, AI based perception and planning, and cloud and devOps; body electronics, high performance compute application and zonal ECUs and single function ECU; chassis; edge to cloud integration services, HW-SW disaggregation, and validation services; and charging platform, battery management system platform, AUTOSAR-compliant platform, FCEV solution, and vehicle control unit. It provides vehicle OS comprising E/E architecture, and middle development and integration services; cloud, edge analytics, and data management; and vehicle engineering and design. In addition, the company offers virtual engineering, integrated diagnostic and aftersales transformation, and validation. The company was formerly known as KPIT Engineering Limited and changed its name to KPIT Technologies Limited in March 2019. KPIT Technologies Limited was founded in 1990 and is headquartered in Pune, India.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

KPIT Technologies Limited reported revenue of ₹64.5B in FY2026 versus ₹24.3B in FY2022, a compound +27.6%/yr. Reported net income was ₹6.4B in FY2026, compounding +23.5%/yr from FY2022.

Growth Quality 86/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2026)
₹64.5B
Latest YoY
+10.5%
Avg. growth/yr (3Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+24.3%
Avg. growth/yr (5Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+26.0%
Avg. growth/yr (10Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+7.2%
Revenue +27.6%/yr
FY22 ₹24.3B
FY23 ₹33.7B
FY24 ₹48.7B
FY25 ₹58.4B
FY26 ₹64.5B
Net income +23.5%/yr
FY22 ₹2.7B
FY23 ₹3.8B
FY24 ₹5.9B
FY25 ₹8.4B
FY26 ₹6.4B
Character of growth · EPS growth decomposed (2016-2026) +8.1 % p.a.
Revenue per share +2.9 pp

of which total revenue +6.8 pp · buybacks/dilution −3.9 pp

EBIT margin +12.6 pp
Tax rate −0.6 pp
Residual (interest, one-offs) −6.8 pp

Absolute contributions in percentage points per year; they sum to the EPS growth rate. Start and end points are 3-year averages (details on hover).

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Cite: Fair Value Calculator (2026). "KPIT Technologies Limited Fair Value". https://www.fairvalue-calculator.com/stock/KPITTECH

Earlier news

External third-party headlines (Yahoo Finance, Reuters and others), not an editorial selection.

Peer Group

Software - Infrastructure · 370 stocks

How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.

Quality Score 62 · Above median
Fair Value upside +8% · Above median
Return on equity (TTM) 20% · Top 25%
Return on assets 11% · Top 25%
Net margin (TTM) 10% · Above median
Operating margin (TTM) 16% · Top 25%
Revenue growth 12% · Above median
Dividend yield (TTM) 1.3% · Below median
Debt / equity 0.04× · Higher than median

Valuation Multiples vs Software - Infrastructure median · lower = cheaper

P/E (TTM) 26.1× · Pricier than median
P/B 4.31× · Pricier than median
P/S (TTM) 2.37× · Pricier than median
P/FCF 0.2× · Cheaper than 75% of peers
EV/EBITDA 10.5× · Cheaper than median

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUE 43 · sector 0
FUTURE 60 · sector 49
PAST 79 · sector 14
HEALTH 98 · sector 99
DIVIDEND 27 · sector 30

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

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Frequently asked questions

Is KPIT Technologies Limited (KPITTECH) overvalued or undervalued?
As of Aug 13, 2026, our model estimates a fair value of ₹655.54 versus a price of ₹609.00, about +8% (fairly valued).
What is the fair value of KPITTECH?
Our model-based fair value for KPIT Technologies Limited is ₹655.54 (as of Aug 13, 2026), built from audited fundamentals. The current price is ₹609.00.
What is the quality score of KPITTECH?
KPIT Technologies Limited has a Quality Score of 62/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the revenue of KPIT Technologies Limited (KPITTECH)?
KPIT Technologies Limited reported trailing-twelve-month revenue of about ₹64.5B (latest available figure, as of Aug 13, 2026).
What is the net profit margin of KPITTECH?
The net profit margin of KPIT Technologies Limited is about 9.9%, meaning it keeps roughly 9.9% of revenue as net income. Based on the latest reported figures.
Does KPIT Technologies Limited pay a dividend?
KPIT Technologies Limited currently shows a dividend yield of about 1.34% relative to its recent price (as of Aug 13, 2026).

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

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