Birlasoft Ltd. News and Updates

Name: Latest research reports of Birlasoft Ltd. authored by HDFC Securities and published by - Trendlyne research reports.
Item: Birlasoft Ltd.
Rating: 3
Author: HDFC Securities

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Birlasoft Ltd.

09 Jan 2018

415.70

-0.99%

Mid-cap information technology firms outshine larger peers with 25%

Business Standard

Mid-cap IT firms outshine larger peers led by L&T Infotech, KPIT Technologies stocks

Birlasoft Ltd. has lost -39.16% in the last 1 Year

Birlasoft Ltd.

02 Nov 2017

415.70

-0.99%

KPIT Technologies (2QFY18): Gradual recovery. Maintain NEUTRAL

Neutral: Birlasoft Ltd.

Target

HDFC Securities

Maintain NEUTRAL with a TP of Rs 140, 10x Sep-19E EPS (9x earlier). KPIT Tech posted a strong beat on revenue and margins in 2Q. Revenue came in at USD 142mn, 5.7% QoQ based on 4.3% QoQ CC. EBITDA% came in at 9.9%, +72bps QoQ. This was supplemented by utilisation/productivity improvement and realisation increase, which mitigated the impact of wage hike (-180bps margin impact).

Birlasoft Ltd. is trading below its 100 day SMA of 434.6

Birlasoft Ltd.

02 Nov 2017

415.70

-0.99%

KPIT Technologies

Hold: Birlasoft Ltd.

Target

ICICI Securities Limited

ICICI Securities Ltd | Retail Equity Research KPIT reported a better-than-expected Q2FY18 performance on all fronts. The EBITDA margin was sharply ahead of our expectations despite the impact of wage hike US$ revenues grew 5.5% QoQ to $141.8 million above our 2.5%...

Birlasoft Ltd. is trading above its 50 day SMA of 399.8

Birlasoft Ltd.

01 Nov 2017

415.70

-0.99%

KPIT Technologies: An all-round beat; Sustainable execution crucial f

Neutral: Birlasoft Ltd.

Target

Motilal Oswal

a USD2m license sale from previous quarter. 13.7% YoY growth in 1HFY18 (~10% organic) puts KPIT on a strong footing after flat revenue in FY17. Margin improvement despite wage hikes: EBITDA margin at 9.9% was up 80bp QoQ, and above our estimate of 8.5%. Expansion was seen despite a wage hike and comes as a positive, especially after multiple quarters of disappointment. The 180-200bp negative impact of salaries was more than offset by [1] strong revenue growth, [2] absorption of freshers, [3] higher utilization (+140bp on offshore and +300bp on onsite), and [4] operational...

BOB Capital Markets Ltd. decreased Sell price target of Birlasoft Ltd. to 342.0 on 30 May, 2025.

Birlasoft Ltd.

01 Nov 2017

415.70

-0.99%

KPIT - 2QFY18 Result Update

Hold: Birlasoft Ltd.

Target

Reliance Securities

Birlasoft Ltd. has lost -39.16% in the last 1 Year

Birlasoft Ltd.

21 Jul 2017

415.70

-0.99%

KPIT Technologies (1QFY18): Revival priced in. Maintain NEUTRAL

Neutral: Birlasoft Ltd.

Target

HDFC Securities

We've factored in USD revenue growth of 10.5/8.4% for FY18/19E, implying 1.1/2.6% CQGR for the same period. Expect EBITDA% to decline in 2Q, and subsequently improve (factored 9.8/11.6% for FY18/19E). Maintain NEUTRAL with a TP of Rs 125, 9x FY19E. KPIT reported steady revenue growth (3.5% CC) and in-line operating performance (-100bps QoQ to 9.1% EBITDA). Revenue of USD 134mn, 4.8% QoQ was supported by USD 2mn non-recurring license revenue (+1.6% revenue impact). IES, Product Engineering Services and Product & Platform led growth among SBUs.

Birlasoft Ltd. has lost -39.16% in the last 1 Year

Birlasoft Ltd.

21 Jul 2017

415.70

-0.99%

KPIT Technologies

Hold: Birlasoft Ltd.

ICICI Securities Limited

ICICI Securities Ltd | Retail Equity Research KPIT reported a better than expected Q1FY18 performance while EBITDA margin was sharply ahead of our expectation as it has deferred a wage hike to the next quarter US$ revenues grew 4.8% QoQ to $134.4 million above our 1.5% growth and $130.2 million estimate Revenues in rupees grew 1.4% QoQ to | 870.4 crore and were above our estimate of 2.2% decline and | 839.4 crore...

BOB Capital Markets Ltd. decreased Sell price target of Birlasoft Ltd. to 342.0 on 30 May, 2025.

Birlasoft Ltd.

20 Jul 2017

415.70

-0.99%

KPIT Technologies - 1QFY18 Result Update

Hold: Birlasoft Ltd.

Target

Reliance Securities

Healthy Growth in Revenue, But Margin Pressure Impedes Earnings KPIT Technologies (KPIT) has reported a healthy 4.8% QoQ growth in USD revenue to US$134.4mn in 1QFY18. However, adjusting for one-time technology licence revenue of US$2mn, adjusted revenue rose by 3.2% QoQ (1.9% QoQ in CC terms). EBITDA margin declined by 101bps QoQ, which was largely in-line with our estimate. INR appreciation was the key margin headwind in the quarter. Looking forward to 2QFY18E, KPIT will award wage hikes, which will have a 225-250bps impact on margins. The company is looking to drive utilisation, productivity and cost efficiency to offset these headwinds....

Birlasoft Ltd. has lost -39.16% in the last 1 Year

Birlasoft Ltd.

26 May 2017

415.70

-0.99%

KPIT innovation and design contest

Business Line

Registration for the fourth edition of KPIT national innovation and design contest is on. The IT consulting company is inviting science and engineering students from colleges across the country to...

Birlasoft Ltd. is trading above its 50 day SMA of 399.8

Is Birlasoft Ltd. worth buying?

848 Votes:

Buy 80.54%

Sell 11.79%

Hold 7.67%

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