KPIT Technologies Ltd - 542651 - Revised Disclosure Of Related Party Transaction For The Half Year Ended March 31, 2020.
This is to inform you that pursuant to Regulation 23 (9) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed revised Disclosure of Related Party Transactions, on a consolidated basis for the half year ended March 31, 2020 KPIT Technologies Ltd - 542651 - Disclosure Of Related Party Transaction For The Half Year Ended March 31, 2020.
This is to inform you that pursuant to Regulation 23 (9) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed Disclosure of Related Party Transactions, on a consolidated basis for the half year ended March 31, 2020. Kindly take the same on your records. KPIT Technologies Ltd - 542651 - Announcement Under Regulation 30 (LODR) - Update
In compliance of Regulation 30 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015, and in continuation to our disclosure dated June 10, 2020 intimating resignation of Independent Director, this is to inform you that, the Board of Directors have passed a circular resolution on June 12, 2020 to accept and take on record the resignation tendered by Mr. Rafi Maor from the position of Independent Director of the Company. Further, the Board places on record its appreciation for valuable services provided by Mr. Rafi Maor during his tenure. Kindly take the same on your records. KPIT Technologies Ltd - 542651 - Disclosure Under Regulation 30(5) Of The Securities And Exchange Board Of India (Listing Obligations And Disclosure Requirements) Regulations, 2015.
Pursuant to the requirements under Regulation 30(5) of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015, Key Managerial Personnel (KMPs) of our Company are authorized to determine materiality of an event or information and make disclosures to the Stock Exchange(s) with effect from June 12, 2020. KPIT Technologies Ltd - 542651 - Presentation On New Stock Option Proposal- Updated Version June 11, 2020
Please find enclosed the updated version of presentation on New Stock Option Proposal. Request you to please take the same on your records and further dissemination. KPIT Technologies Ltd - 542651 - Announcement under Regulation 30 (LODR)-Resignation of Director
In compliance of Regulation 30 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015, we wish to inform you that Mr. Rafi Maor has resigned from the position of Independent Director of the Company with effect from June 9, 2020, due to his other business commitments and pre-occupations. Further, as per the requirement of Regulation 30 read with Schedule III, Para A, Clause (7B) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, enclose herewith a copy of the resignation letter submitted by Mr. Rafi Maor which is also containing a confirmation from him regarding there being no material reasons for his resignation other than those mentioned by him in the resignation letter. KPIT Technologies Ltd - 542651 - Presentation On New Stock Option Proposal
Please find enclosed the presentation on New Stock Option Proposal. Request you to please take the same on your records and further dissemination
Earnings Call Transcript - Q4FY20 for KPIT Technologies
Conference Call with KPIT Tech Management and Analysts on Q4FY20 and Full Year Earnings Performance and Outlook. Listen to the full earnings transcript. Highlights from Mr. Ravi Pandit, Chairman of KPIT Technologies First complete full year as an automative solutions focused company. Revenue growth of over 14% - industry leading growth. EBITDA growth was 35% Margin increased from 11.5% to 13%. EBITDA growth of Q4 over Q3 was 2%. While there was negative YoY growth for PAT, QoQ growth was positive. Growth in top 20 customers YoY was 20%. Emphasis on key customers has given results. Attrition has also come down from 25% last year to about 15%. Higher profitability has converted into higher cash. Ended FY20 with Rs 328 crore cash baalnce. Power train and autonomous are the drivers of growth and contributed to 60% of revenues. Our goal is to maximize wallet share from customers, by maintaining quality and speed in catering to our customers. Our focus is also to conserve cash, and improve liquidity further. We expect Q1 to see a 15% drop in revenues, on the basis of how customers have responded to the pandemic. Salary impact will be adjusted downward since a portion of salaries is variable, and we have also increased the variable component in salaries. We are cautious about FY21 owing to uncertainty due to the current disruption and possibility of a relapse of the pandemic globally. Hence, we refrain from giving any outlook for FY21 at this juncture, but we expect H2 to be better than H1. We are seeing some good big deals, so overall we are pretty optimistic about the future. We expect the current disruption in the automotive industry to create new opportunities in the medium term. H1FY21 revenues will be impacted and significant effect will be in Q1FY21. New deal wins benefit will be seen from H2FY21. We believe the automotive industry and mobility in the broader sense will continue to grow, with potentially more demand in self-driven and fully autonomous cars. We have invested in these technologies and will continue to do so. Our focus on fewer but high quality services should deliver good yields in the years to come. KPIT Technologies Ltd - 542651 - Compliances-Reg.24(A)-Annual Secretarial Compliance
In compliance with the SEBI Circular No. CIR/CFD/CMD1/27/2019 dated February 8, 2019, please find enclosed, the Annual Secretarial Compliance report for the period April 22, 2019 to March 31, 2020, issued by Dr. K. R. Chandratre, Practicing Company Secretary, Secretarial Auditor of the Company. Please note that the equity shares of the Company were listed on National Stock Exchange of India Limited and BSE Limited on April 22, 2019. Kindly take the same on your records and further dissemination. KPIT Technologies Ltd - 542651 - Announcement under Regulation 30 (LODR)-Newspaper Publication
Pursuant to Regulation 47 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015, please find enclosed herewith the notice published on Friday, May 29, 2020 in newspapers with regards to the sending of Postal Ballot Notice to the Members of the Company.