KPIT sees stronger FY27 outlook amid rising automotive AI opportunities
KPIT Technologies has said FY27 looks more promising in terms of revenue visibility and market opportunities as automotive manufacturers accelerate investments in AI-defined mobility platforms.
The company announced Q4FY26 revenues of $185 million, registering 12% year-on-year growth, while EBITDA margins stood at 20.6%.
KPIT closed engagements worth $349 million during the quarter, including two major strategic deals, underlining improving demand visibility in automotive software engineering.
The company said its KPIT Mobility Intelligence Product ‘Beacon’ has now been deployed across multiple OEMs, reflecting rising industry focus on AI-driven automotive engineering solutions.
For the full financial year FY26, KPIT reported revenues of $724.8 million, with revenue growth of 4.8% in dollar terms. EBITDA margins for FY26 stood at 20.8%.
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.”
