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KPITTECH Share Price Target
KPIT Technologies Ltd.
Sector: Information Technology
Sector: Information Technology
KPITTECH Share Price *
88.65 -0.55 (-0.62%)
* (quote may be delayed)
KPITTECH Share Price Forecast - Consensus
| No. of reports in last year | 1 |
| No. of analysts | 1 |
| Average Consensus Forecast | 86.00 |
| Consensus Potential | -3.72% |
KPITTECH Share Price Target - Broker Reports - 2019
Kotak Securities
30-Jul-19
Price @ Call: 82
Target: 86
ADD
We expect KPIT Technology to report an EPS of Rs.6.2/share in FY20E and an EPS of Rs.8.2/share in FY21E supported by growth in Passenger Cars, Commercial vehicles and New Mobility vertical. The company has maintained its guidance of CC revenue growth in the range of 16-18% with EBITDA margins in the 14-15% range in FY20 supported by good growth across geographies such as the U.S., Europe and Asia. The company also expects ROE to be above 16% in FY20 and 20% plus in the medium term. On a conservative note, we recommend ADD on KPIT with a target price of Rs.86.