KPIT technologies Q4 Results: Revenue grows 12%, mobility solutions expand

KPIT Technologies reported strong financial results for the fourth quarter, posting revenue of $185 million. This marks a 12% year-on-year increase and a 5.8% rise from the previous quarter. The company’s EBITDA margin for the quarter stood at 20.6%. For the full fiscal year FY26, KPIT recorded revenue of $724.8 million, reflecting a 4.8% year-on-year growth. The annual EBITDA margin reached 20.8%, up 9.4% compared to the previous year.

Key Highlights

• KPIT Technologies Q4 revenue reached $185 million with 12 percent year-on-year growth
• Annual revenue for FY26 stood at $724.8 million, with EBITDA margin at 20.8 percent.
• KPIT secured $349 million in total contract value wins, including two large strategic deals
• Automaker to expand EV capacity to over 50000 units per month and launch new TVS iQube S 47 kWh

Revenue Drivers and Segment Performance

Revenue growth during the year was driven by a 9% increase in business from original equipment manufacturers (OEMs). Key contributing segments included connected vehicles, aftersales, virtual engineering, and propulsion. In the fourth quarter, the off-highway segment and the connected vehicle domain led the growth. KPIT secured total contract value (TCV) wins worth $349 million during the quarter. This included two large strategic engagements. Products and solutions made up about 21% of the overall business pipeline.

Strategic Partnerships and Product Deployments

KPIT highlighted the deployment of its Mobility Intelligence product, Beacon, across multiple OEMs. One major partnership exceeded $50 million with a global off-highway equipment manufacturer, focusing on software-defined machine platforms. The company also collaborated with a Japanese Tier 1 supplier for next-generation digital cockpit programs. These strategic engagements are expected to support further growth.

Outlook and Dividend Announcement

KPIT Technologies stated it sees improved growth visibility for FY27. This outlook is supported by increased deal wins and rising demand for software and AI-led mobility solutions. The board has proposed a final dividend of  Rs 5.25 per share.

Automaker Expansion and Product Update

An automaker announced plans to expand its electric vehicle production capacity to over 50,000 units per month this year. The company also aims to increase the capacity of its internal combustion engine (ICE) scooters and electric vehicles. The new TVS iQube S 4.7 kWh offers an IDC-certified range of 175 km, features new color options, and is priced at INR 1.37 lakh.

Also Read: ABB E-Mobility launches OM X-Series: Revolutionizing megawatt-scale EV charging

CarBike 360 Says

​KPIT Technologies’ strong Q4 performance reflects its growing influence in the global mobility ecosystem. With rising demand for electrification, autonomous systems, and software-defined vehicles, the company is well-positioned for sustained growth. Its continued investment in innovation and strategic partnerships signals a promising trajectory in shaping the future of automotive technology worldwide.