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Trades about 43% below its sector, cheaper than its peers on earnings.
KPIT Technologies Limited, an Indian firm founded in Pune in 1990, specializes globally in providing embedded software, artificial intelligence, and digital solutions for the automotive and mobility industries. Its operations span the Americas, the United Kingdom, Europe, and various international markets. The company offers a comprehensive suite of services for autonomous driving and advanced driver assistance systems (ADAS). These include system engineering, the development of features, algorithms, and software, platform and software integration, rigorous verification and validation processes, and simulation support crucial for regulatory homologation. For electric powertrains, KPIT delivers essential components such as battery management systems, inverters, smart chargers, and adaptable vehicle control unit (VCU) solutions. Furthermore, they provide the K-DCP suite, encompassing an engineering toolchain, an aftersales suite, connected diagnostics solutions, and business integration services. Beyond these, KPIT also manages infotainment platforms and connectivity solutions for connected vehicles, oversees the AUTOSAR platform, and offers vehicle engineering and design expertise. Known as KPIT Engineering Limited until March 2019, the company subsequently rebranded to its current name, KPIT Technologies Limited.
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