KPIT Technologies said strong momentum in connected vehicle technologies and off-highway mobility solutions helped drive its Q4FY26 growth despite global macroeconomic and geopolitical challenges.
The company reported quarterly revenues of $185 million, recording 12% year-on-year growth and 5.8% quarter-on-quarter growth.
EBITDA margins for the quarter stood at 20.6%, while total engagement wins during the period reached $349 million.
KPIT said products and solutions contributed nearly 21% to the overall pipeline during the quarter.
For FY26, the company reported revenues of $724.8 million with 4.8% dollar revenue growth. Revenue from OEMs rose 9% during the year.
Commenting on the performance of FY26, Kishor Patil, Co-founder, CEO and MD, KPIT said,
“The Trade and Geopolitical uncertainties impacted the mobility industry last year, hindering their investment in new platforms. The situation has improved as we begin FY27 with enough growth headroom available in automotive software as evidenced by the decent wins this quarter. AI is now core to Automotive Engineering and favors domain focused players since Automotive AI must meet safety and regulatory standards. KPIT Mobility Intelligence Product (Beacon) is in pole position, corroborated by enhanced interest from major OEMs. KPIT pivot towards domain and AI led Products & Solutions is layered on delivery to improve long term value capture for our clients, as demonstrated by recent wins. KPIT transformation is exciting and we are confident of improved performance in the years to come.”
Sachin Tikekar, President and Joint MD, KPIT said,
“OEMs are under immense pressure to swiftly introduce new products and features to maintain their competitive edge. Simultaneously, they face relentless cost constraints. Given our robust relationship with them, we’re actively deploying our products and AI-infused solutions to assist them in effectively reducing their time to market, thereby enhancing our market share. We’ve initiated engagements with several OEMs in the trucks and off-highway sectors. Our current role involves guiding them on their journey towards AI-defined machines. We’ve meticulously crafted a nuanced strategy to expand our business presence in key markets such as India, China, and Southeast Asia. We anticipate the off-highway and micromobility segments, along with the automotive industry, will be pivotal drivers of our growth.”
