KPIT Technologies Promoter Ajay Bhagwat Sells 41,000 Shares in Open Market

1 min read     Updated on 18 Nov 2025, 04:18 PM
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Shriram SScanX News Team
Overview

Ajay Bhagwat, a promoter of KPIT Technologies, sold 41,000 equity shares (0.01%) through open market sale, reducing his stake from 0.85% to 0.84%. This follows an earlier acquisition by co-founder S.B. (Ravi) Pandit, who increased his stake from 0.36% to 0.37%. Both transactions were disclosed as per SEBI regulations. In Q2 FY2026, KPIT reported 4.40% year-on-year dollar revenue growth and 21.10% EBITDA margin. The company is focusing on AI-driven solutions and expanding into new verticals, while facing challenges due to client spending reprioritization. KPIT expects flat to marginally positive growth in Q3 FY2026, with more significant growth in Q4.

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*this image is generated using AI for illustrative purposes only.

KPIT Technologies Limited has seen recent changes in its promoter shareholding. Ajay Bhagwat, a promoter of the company, disposed of 41,000 equity shares representing 0.01% of the company's total voting capital through open market sale on November 17, 2025. Following the transaction, Bhagwat's shareholding decreased from 0.85% to 0.84% of the company's total equity share capital of 27,41,43,808 shares.

This transaction comes in contrast to an earlier acquisition by co-founder S.B. (Ravi) Pandit, who had increased his stake in the company. Pandit had acquired 41,000 equity shares, raising his total stake from 989,306 shares (0.36%) to 1,030,306 shares (0.37%).

Disclosure and Regulatory Compliance

Both transactions were disclosed in accordance with the Securities and Exchange Board of India (SEBI) regulations for substantial acquisition of shares and takeovers. This transparency aligns with KPIT Technologies' commitment to keeping shareholders informed about significant changes in ownership.

Company Performance and Recent Developments

Financial Performance

In Q2 FY2026, KPIT Technologies reported:

Metric Value
Year-on-year dollar revenue growth 4.40%
Constant currency revenue growth 0.40%
EBITDA margin 21.10%

Strategic Initiatives

  • The company is focusing on AI-driven solutions and expanding into new verticals such as off-highway vehicles, commercial vehicles, and potentially defense and micromobility sectors.
  • KPIT has made strategic investments in companies like Helm.ai and completed the acquisition of Caresoft.

Market Challenges

  • The company has faced some headwinds due to clients reprioritizing spending and delaying certain programs, particularly in areas like electrical systems and middleware.

Future Outlook

  • KPIT expects flat to marginally positive organic growth in constant currency terms for Q3 FY2026, with more meaningful growth anticipated in Q4.
  • The company aims to maintain its 21% EBITDA margin target for the full year.

These insider transactions occur against the backdrop of KPIT Technologies' ongoing strategic initiatives and market challenges in the automotive technology sector.

Historical Stock Returns for KPIT Technologies

1 Day5 Days1 Month6 Months1 Year5 Years
+0.41%+3.27%+8.94%-4.52%-13.62%+1,064.38%
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KPIT Technologies Reports Q2 FY26 Results: 4.4% Revenue Growth Amid Strategic Acquisitions

1 min read     Updated on 17 Nov 2025, 10:52 PM
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Reviewed by
Ashish TScanX News Team
Overview

KPIT Technologies, a global automotive software solutions provider, released Q2 FY26 results showing 4.40% year-on-year dollar revenue growth and 21.10% EBITDA margin. The company faced a $65 million revenue reduction due to client deprioritization and solution cannibalization. Strategic moves include Caresoft consolidation and increased stake in N-Dream to 90% for EUR 2.82 million. KPIT anticipates growth recovery in Q4 and reports significant deal wins from European OEMs.

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*this image is generated using AI for illustrative purposes only.

KPIT Technologies , a global technology company specializing in software solutions for the automotive and mobility industry, has released its financial results for the second quarter of fiscal year 2026. The company reported a mixed performance, showcasing growth in revenue and strategic acquisitions while facing challenges in certain areas.

Financial Performance

KPIT Technologies demonstrated resilience in a challenging market environment:

Metric Q2 FY26 Performance
Year-on-Year Dollar Revenue Growth 4.40%
EBITDA Margin 21.10%
Revenue Reduction from Client Deprioritization and Solution Cannibalization $65.00 million

The company's 4.40% year-on-year dollar revenue growth indicates a positive trajectory, despite facing headwinds. The achievement of a 21.10% EBITDA margin suggests efficient cost management and operational effectiveness.

However, KPIT Technologies experienced a significant revenue reduction of $65.00 million due to client deprioritization and solution cannibalization. This highlights the dynamic nature of the automotive technology sector and the need for continuous innovation and client engagement.

Strategic Acquisitions and Investments

KPIT Technologies has been proactive in strengthening its market position through strategic moves:

  1. Caresoft Consolidation: The company completed the consolidation of Caresoft, which may enhance its capabilities in the automotive software domain.

  2. N-Dream Stake Increase: KPIT Technologies increased its stake in N-Dream to 90% for EUR 2.82 million. This investment could potentially expand the company's portfolio and market reach.

These strategic actions demonstrate KPIT's commitment to growth and diversification in the automotive technology space.

Future Outlook

The company appears optimistic about its near-term prospects:

  • KPIT Technologies is positioning itself for growth recovery in Q4.
  • The company reports meaningful deal wins from European OEMs (Original Equipment Manufacturers), which could contribute to future revenue streams.

As the automotive industry continues its digital transformation, KPIT Technologies' focus on strategic acquisitions and client wins from major European OEMs may play a crucial role in its future performance. However, the impact of these strategies on the company's financial results remains to be seen in the coming quarters.

Historical Stock Returns for KPIT Technologies

1 Day5 Days1 Month6 Months1 Year5 Years
+0.41%+3.27%+8.94%-4.52%-13.62%+1,064.38%
KPIT Technologies
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