KPIT Technologies
KPIT Technologies isn’t your typical IT firm—it specializes in automotive software, especially for electric and autonomous vehicles. It partners with global giants like BMW, Honda, and Stellantis to build next-gen mobility platforms. What makes KPIT unique is its 100% focus on mobility tech, unlike most IT peers. In FY24, it posted strong revenue growth of 30% YoY, and margins remain healthy at ~19%. It has a robust deal pipeline in the EV space, including work on ADAS (driver assistance) systems and battery management software. With the global EV boom, KPIT is quietly becoming a global player from India’s small-cap space.
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