3 weeks ago
KPIT Tech Builds Resilience, Agility to Cope with Disruptions
KPIT Technologies is a company that makes computer software for cars.
In 2026, the company had a very hard year.
Its founder and chairman, Ravi Pandit, passed away.
Some of the biggest car companies that were KPIT's customers decided to spend less money, so they cancelled some of their projects with KPIT.
Because of this, KPIT had to tell investors it would make less money than it first expected.
The company's leaders are now working on a new plan to make the company stronger and quicker to change, because they learned that surprises are normal in business.
KPIT is also trying new types of software that use artificial intelligence, not just for cars but for other machines too.
The leaders are confident the company will do better in the second half of the year.
KPIT Technologies lost its co-founder and chairman, Ravi Pandit, during what the company called an 'Annus Horribilis' in 2026.
Top automotive OEM clients cut back projects, forcing KPIT to revise down its revenue and profit guidance for the first half of FY27.
Brokerages downgraded KPIT's stock following the downward revision.
Nirmala Pandit was appointed as an additional non-independent non-executive director to strengthen continuity and support.
KPIT is diversifying beyond traditional software-defined vehicles toward AI-enabled software-defined systems, with growth focus on the US, India and Southeast Asia.
- Who
- KPIT Technologies and its leadership team of Kishor Patil, Sachin Tikekar, Chinmay Pandit and Nirmala Pandit
- What
- The company is recovering from a difficult year marked by the loss of its co-founder, project cancellations by OEM clients and revised-down profit guidance, and is now building a strategy for resilience and broader growth
- Where
- India-headquartered KPIT Technologies, operating across the US, India and Southeast Asia markets
- When
- 2026, with recovery expected in the second half of fiscal year 2027
- Why
- Uncertainty has become permanent: cutbacks by top automotive OEM clients, the China challenge and geopolitical disruptions hurt profitability and spending
Key facts
- Company
- KPIT Technologies
- Lost leader
- Ravi Pandit, co-founder and chairman
- Guidance
- Downward revision in revenue and profit for first half of FY27
- Stock impact
- Downgraded by brokerages
- New board appointment
- Nirmala Pandit, additional non-independent non-executive director
- Strategic shift
- AI-enabled software-defined systems and machines beyond traditional SDVs
- Growth markets
- US, India and Southeast Asia
- Recovery outlook
- Confident of recovery in second half of FY27
Quotes
Nirmala Pandit
Additional non‑independent non‑executive director and promoter of KPIT
“Many promoter‑led organisations become identified with a single individual, but that was never his style. The institution, the values and the leadership team have always been stronger than any one person.”
financialexpress.com
“One of the biggest learnings of the last few years is that uncertainty has become a permanent feature of business. There is unlikely to be a period of complete stability.”
financialexpress.com
Sources
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