-PRO Only Highlights- Quarterly performance largely backed by improved realisations- Medium-term triggers China plus and protectionist measures for tyre industry- Valuations not inexpensive; but improved medium-term outlookHighlightsSequential revenue growth of 6.4%EBITDA margin of 20.7%Deal wins in the quarter at $261 millionFY25 outlook solidValuation at 43x FY26E P/EKPIT (CMP: Rs 1,508.5; Market capitalisation: Rs 41,197 crore; Rating: Equal weight) reported a solid set of numbers for Q4FY24, with a constant currency (CC) revenue growth of 5.1 percent quarter on quarter (QoQ) and dollar revenue growth of 6.4 percent, beating expectations.
Earnings before interest, tax, depreciation and amortization (EBITDA) margin of 20.7 percent and profit
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PRO Only Highlights
- Quarterly performance largely backed by improved realisations
- Medium-term triggers China plus and protectionist measures for tyre industry
- Valuations not inexpensive; but improved medium-term outlook
Highlights
Sequential revenue growth of 6.4%
EBITDA margin of 20.7%
Deal wins in the quarter at $261 million
FY25 outlook solid
Valuation at 43x FY26E P/E
KPIT (CMP: Rs 1,508.5; Market capitalisation: Rs 41,197 crore; Rating: Equal weight) reported a solid set of numbers for Q4FY24, with a constant currency (CC) revenue growth of 5.1 percent quarter on quarter (QoQ) and dollar revenue growth of 6.4 percent, beating expectations.
Earnings before interest, tax, depreciation and amortization (EBITDA) margin of 20.7 percent and profit
