Tata Elxsi vs KPIT Technologies: Which Stock Should You Track

Tata Elxsi MCap Rs 23,331 Cr, PE 35.64x, ROE 22.89%, D/E 0.05, Div 2.00%. KPIT MCap Rs 17,186 Cr, PE 29.53x, ROE 18.00%, D/E 0.24.

Tata Elxsi vs KPIT Technologies is a comparison engineering IT investors look up when evaluating specialist Indian tech companies focused on automotive and embedded software. Tata Elxsi is a Tata Group company offering engineering R&D services across automotive, broadcast and healthcare, while KPIT Technologies is a pure-play automotive software company focused on EV powertrain, AUTOSAR middleware and autonomous driving software for global OEMs.

This Tata Elxsi vs KPIT Technologies article covers reach and market position, key products, latest declared results and stock valuation. The Tata Elxsi vs KPIT Technologies data below is sourced from Groww and public company filings and reflects the most recently available information at the time of writing.

Tata Elxsi vs KPIT Technologies: Reach and Market Position

On the Tata Elxsi side of the Tata Elxsi vs KPIT Technologies comparison, Tata Elxsi serves automotive OEMs, Tier 1 suppliers, broadcast and media companies, and healthcare device makers. It has a strong European and North American client base. Market capitalisation is Rs 23,331 Cr.

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On the KPIT Technologies side of the Tata Elxsi vs KPIT Technologies comparison, KPIT Technologies serves global automotive OEMs including BMW, Mercedes, Stellantis, and Cummins primarily on software-defined vehicle (SDV), EV powertrain and AUTOSAR stack development. Market capitalisation is Rs 17,186 Cr.

Tata Elxsi vs KPIT Technologies: Key Products and Business Mix

In the Tata Elxsi vs KPIT Technologies product comparison, Tata Elxsi offers: Tata Elxsi earns from automotive ER&D, media and entertainment software, healthcare device engineering and industrial design. EPS is Rs 105.08. P/E is 35.64x, ROE 22.89 percent, D/E 0.05. Dividend yield is 2.00 percent.

For KPIT Technologies in this Tata Elxsi vs KPIT Technologies breakdown: KPIT earns from automotive software including EV powertrain software, AUTOSAR integration and vehicle diagnostics. EPS is Rs 21.23. P/E is 29.53x, ROE 18.00 percent, D/E 0.24. Dividend yield is 1.19 percent.

Tata Elxsi vs KPIT Technologies: Latest Results

The Tata Elxsi vs KPIT Technologies results for Tata Elxsi: Tata Elxsi has a market cap of Rs 23,331 Cr and P/E of 35.64x. ROE is 22.89 percent with near-zero debt. The Tata Group brand supports client trust for complex multi-year engineering programmes.

The Tata Elxsi vs KPIT Technologies results for KPIT Technologies: KPIT Technologies has a market cap of Rs 17,186 Cr and P/E of 29.53x. ROE is 18.00 percent. KPIT is smaller but more focused on the EV and SDV software opportunity, which is growing faster than general automotive ER&D.

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Tata Elxsi vs KPIT Technologies: Stock and Valuation

The Tata Elxsi vs KPIT Technologies stock comparison uses the latest available market data from Groww. Investors tracking Tata Elxsi vs KPIT Technologies should verify current prices on NSE or BSE before trading.

Tata Elxsi vs KPIT Technologies at current valuations: Tata Elxsi trades at Rs 23,331 Cr market cap, P/E 35.64x, ROE 22.89 percent, D/E 0.05, Div 2.00 percent. KPIT trades at Rs 17,186 Cr market cap, P/E 29.53x, ROE 18.00 percent, D/E 0.24, Div 1.19 percent. Tata Elxsi is larger and more diversified across verticals; KPIT is a purer automotive software play.

Tata Elxsi vs KPIT Technologies: Quick Comparison Table

The Tata Elxsi vs KPIT Technologies comparison table below summarises the key metrics covered in this article side by side.

Conclusion

The Tata Elxsi vs KPIT Technologies comparison above covers the key data points on reach, products, results and valuation. Tata Elxsi vs KPIT Technologies are two of India’s leading engineering IT companies with strong automotive exposure. Tata Elxsi has a broader multi-vertical portfolio; KPIT is a focused automotive SDV and EV software specialist. Both benefit from the global automotive software wave driven by electrification and connected vehicles. Investors should review revenue growth, deal wins, EV programme ramp and margin trajectory before taking a view. Consult a SEBI-registered advisor for personalised guidance.

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Frequently Asked Questions

What does Tata Elxsi do?

Ans. Tata Elxsi is an engineering R&D and technology services company in the Tata Group. It provides automotive embedded software, ADAS, infotainment, broadcast technology, and healthcare device engineering services to global clients.

What does KPIT Technologies do?

Ans. KPIT Technologies is a pure-play automotive software company focused on EV powertrain software, AUTOSAR middleware, vehicle diagnostic tools and software-defined vehicle architecture for global automotive OEMs and Tier 1 suppliers.

Which has a higher ROE, Tata Elxsi or KPIT?

Ans. Tata Elxsi has a higher ROE of 22.89 percent versus KPIT at 18.00 percent.

Is KPIT Technologies a good EV investment?

Ans. KPIT is closely tied to EV powertrain software adoption. Investors should review its client programme wins, EV volume ramp and revenue diversification. Consult a SEBI-registered advisor.

Does Tata Elxsi pay dividends?

Ans. Yes. Tata Elxsi pays a dividend yield of approximately 2.00 percent.

Are Tata Elxsi and KPIT in Nifty 50?

Ans. No. Both are outside Nifty 50 but tracked in Nifty Midcap and Nifty IT indices.

What is SDV in automotive?

Ans. SDV stands for Software-Defined Vehicle — a concept where vehicle functions like powertrain, safety, comfort and infotainment are increasingly controlled by software rather than dedicated hardware. SDV is driving large software development budgets at global OEMs.