Tata Elxsi vs KPIT Technologies: share price, P/E, ROE and financials compared
Tata Elxsi
KPIT Technologies
Tata Elxsi and KPIT Technologies at a glance
Tata Elxsi and KPIT Technologies are both listed in Information Technology. Tata Elxsi is the larger by market cap, at ₹24,019 Cr against ₹14,713 Cr for KPIT Technologies (1.6 times as large). On valuation, KPIT Technologies has the lower P/E (27.7× against 35.8×) and the lower price-to-book (3.99× against 8.24×). On returns and margins, Tata Elxsi has the higher ROCE (26.2% against 21.3%) and the higher ROE (23.9% against 15.3%), while KPIT Technologies has the higher operating margin (26.7% against 22.7%). Over three years, KPIT Technologies has faster 3-year sales growth (+24.2% against +6.1% a year) and faster 3-year profit growth (+18.7% against −5.9% a year). Tata Elxsi carries less debt for its equity, with a debt-to-equity of 0.05× against 0.21×.
Key metrics, side by side
| Metric | Tata ElxsiTATAELXSI | KPIT TechnologiesKPITTECH |
|---|---|---|
| Price (₹) | 3,855.00 | 540.45 |
| Market cap (₹ Cr) | 24,019 | 14,713 |
| P/E | 35.8× | 27.7× (the lower figure, shaded) |
| P/B | 8.24× | 3.99× (the lower figure, shaded) |
| Dividend yield, trailing | 1.95% (the higher figure, shaded) | 1.39% |
| ROE | 23.9% (the higher figure, shaded) | 15.3% |
| ROCE | 26.2% (the higher figure, shaded) | 21.3% |
| Operating margin (OPM) | 22.7% | 26.7% (the higher figure, shaded) |
| Net margin (NPM) | 16.6% (the higher figure, shaded) | 8.0% |
| Sales CAGR 3Y | +6.1% | +24.2% (the higher figure, shaded) |
| Profit CAGR 3Y | −5.9% | +18.7% (the higher figure, shaded) |
| Debt to equity | 0.05× (the lower figure, shaded) | 0.21× |
| Interest cover | 51.8× (the higher figure, shaded) | 12.9× |
| Net profit TTM (₹ Cr) | 670 | 534 |
| 1Y return | −27.2% (the higher figure, shaded) | −53.3% |
| Promoter holding | 43.89% | 38.60% |
Tata Elxsi vs KPIT Technologies: common questions
Which is bigger, Tata Elxsi or KPIT Technologies?
By market cap, Tata Elxsi is bigger at ₹24,019 Cr, against ₹14,713 Cr for KPIT Technologies (prices as of 6 Nov 2026). Net profit over the last twelve months was ₹670 Cr for Tata Elxsi and ₹534 Cr for KPIT Technologies.
Which has a lower P/E ratio, Tata Elxsi or KPIT Technologies?
Tata Elxsi trades at a P/E of 35.8× and KPIT Technologies at 27.7×. KPIT Technologies has the lower P/E. P/E is the share price divided by earnings per share; it varies a lot between industries and with growth, so it says little on its own.
Which has a higher ROE, Tata Elxsi or KPIT Technologies?
Tata Elxsi reports a return on equity of 23.9% and KPIT Technologies 15.3%. Tata Elxsi has the higher ROE. ROE is net profit as a share of shareholders’ equity.
Which is growing faster, Tata Elxsi or KPIT Technologies?
Over the last three years: Sales grew +6.1% a year at Tata Elxsi and +24.2% at KPIT Technologies, so KPIT Technologies grew sales faster; profit grew −5.9% a year at Tata Elxsi and +18.7% at KPIT Technologies, so KPIT Technologies grew profit faster. Past growth doesn’t predict future growth.