Friends, As you all know that my criteria to filter stocks are numerous and its very difficult for a stock to pass through all my filters…. So when in May 2022, one company named KPIT Technologies Ltd passed all my filters, it was a slight surprise for me…. Market Capitalisation of the company was 5000 cores and the company was listed on NSE &BSE … But instead of ignoring this company, I decided to research further deep in the company…. I analysed the financial statements and ratio of the company from many angles and found the numbers excellant … I cross checked the numbers from different sources, read annual reports. Numbers were looking extraordinary from all perspectives and share price was not reflecting the underlying financial strength of the company, with real presence on the ground, and trading at extremely attractive prices…. Though its not possible to provide all the reasons, Below I am providing some reasons about my Bullishness of the company –

1. KPIT is a global technology company with software solutions that will help mobility leapfrog towards autonomous, clean, smart and connected future. With 10000+ Automobelievers across the globe, specializing in embedded software, AI & Digital solutions, KPIT enables customers accelerate implementation of next generation mobility technologies . With development centers in Europe, USA, Japan, China, Thailand and India.
2. Company has delivered good profit growth of 327% CAGR over last 5 years
3. Company has been maintaining a healthy dividend payout of 25.6%.
4. A strategic engagement in middleware development and integration domain for a leading American Car Manufacturer
5. A strategic engagement in the electric powertrain domain for a leading European Car Manufacturer
6. KPIT has been chosen as the Most Admired Company of the Year, from 30 different sectors & industries across India.
7. Honda selected KPIT as a strategic technology partner to realize the journey of Honda’s Software-Defined Mobility (SDM) (already announced mid-quarter)