Projected Income Statement: KPIT Technologies Limited

Forecast Balance Sheet: KPIT Technologies Limited

Fiscal Period: March 2021 2022 2023 2024 2025 2026 2027 2028
Net Debt 1 -5,977 -7,731 -3,016 -5,281 -11,615 -11,651 -15,737 -23,084
Change - -29.35% 60.99% -75.1% -119.94% -0.31% -35.07% -46.69%
Announcement Date 4/28/21 4/27/22 4/26/23 4/29/24 4/28/25 - - -
1INR in Million
Estimates

Cash Flow Forecast: KPIT Technologies Limited

Fiscal Period: March 2021 2022 2023 2024 2025 2026 2027 2028
CAPEX 1 599.8 686 1,295 1,553 1,295 1,944 2,308 2,537
Change - 14.39% 88.76% 19.95% -16.61% 50.07% 18.71% 9.95%
Free Cash Flow (FCF) 1 5,676 4,064 3,329 8,464 12,600 6,939 9,637 10,478
Change - -28.41% -18.07% 154.22% 48.86% -44.93% 38.87% 8.73%
Announcement Date 4/28/21 4/27/22 4/26/23 4/29/24 4/28/25 - - -
1INR in Million
Estimates

Forecast Financial Ratios: KPIT Technologies Limited

Fiscal Period: March 2021 2022 2023 2024 2025 2026 2027 2028

Profitability

        
EBITDA Margin (%) 15.09% 18.03% 18.81% 20.35% 21.05% 20.95% 21.23% 21.5%
EBIT Margin (%) 8.55% 13.11% 14.46% 16.33% 17.2% 16.39% 16.98% 17.45%
EBT Margin (%) 8.73% 14.16% 14.76% 16.43% 19.39% 16.03% 17.33% 17.88%
Net margin (%) 6.9% 11.27% 11.32% 12.2% 14.37% 11.55% 12.84% 13.41%
FCF margin (%) 27.88% 16.71% 9.89% 17.37% 21.57% 10.77% 13.15% 12.48%
FCF / Net Income (%) 404.2% 148.19% 87.39% 142.37% 150.07% 93.23% 102.39% 93.1%

Profitability

        
ROA - - 13.28% 15.71% 18.25% 13.65% 14.43% 15.11%
ROE 12.51% 21.8% 25.73% 31.31% 33.2% 23.36% 24.9% 25.22%

Financial Health

        
Leverage (Debt/EBITDA) - - - - - - - -
Debt / Free cash flow - - - - - - - -

Capital Intensity

        
CAPEX / Current Assets (%) 2.95% 2.82% 3.85% 3.19% 2.22% 3.02% 3.15% 3.02%
CAPEX / EBITDA (%) 19.53% 15.64% 20.46% 15.67% 10.53% 14.4% 14.83% 14.05%
CAPEX / FCF (%) 10.57% 16.88% 38.89% 18.35% 10.28% 28.01% 23.95% 24.21%

Items per share

        
Cash flow per share 1 - - - 36.68 50.81 4.323 30.53 34.89
Change - - - - 38.51% -91.49% 606.17% 14.29%
Dividend per Share 1 1.5 3.1 4.1 6.7 8.5 9.653 10.78 13.73
Change - 106.67% 32.26% 63.41% 26.87% 13.56% 11.66% 27.39%
Book Value Per Share 1 44.56 48.5 61.09 79.12 107.2 126.1 151.4 180
Change - 8.83% 25.96% 29.51% 35.47% 17.63% 20.06% 18.89%
EPS 1 5.19 10.05 13.95 21.77 30.7 27.38 34.44 41.06
Change - 93.64% 38.81% 56.06% 41.02% -10.82% 25.8% 19.2%
Nbr of stocks (in thousands) 268,880 269,044 270,017 271,013 271,217 272,061 272,061 272,061
Announcement Date 4/28/21 4/27/22 4/26/23 4/29/24 4/28/25 - - -
1INR
Estimates
2026 *2027 *
P/E ratio 43.1x 34.2x
PBR 9.35x 7.79x
EV / Sales 4.8x 4.16x
Yield 0.82% 0.91%
More valuation ratios * Estimated data

EPS & Dividend

Y-o-Y evolution of P/E

Year-on-year evolution of the Yield

Trader
Investor
Global
Quality
ESG MSCI
A
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
21
Last Close Price
1,179.40INR
Average target price
1,322.43INR
Spread / Average Target
+12.13%
Consensus

Quarterly revenue - Rate of surprise

  1. Stock Market
  2. Equities
  3. KPITTECH Stock
  4. Financials KPIT Technologies Limited