KPIT Technologies founder Ravi Pandit passes away at 71 in Pune
Synopsis
Key Takeaways
KPIT Technologies co-founder and Chairman Dr. S.B. (Ravi) Pandit passed away in Pune on Friday, 9 May 2025, at the age of 71, the company confirmed in a regulatory filing. Pandit was a central figure in building KPIT Technologies into a globally recognised automotive software and mobility technology firm.
A Legacy in Automotive Technology
Pandit co-founded the K&P Group and steered KPIT Technologies through its evolution into a global mobility technology company, with a focus on automotive software and engineering solutions. Under his leadership, the company expanded its footprint across 15 countries, delivering software-defined mobility solutions spanning autonomous driving, electrification, and clean energy technologies. His tenure positioned KPIT as a key partner to major global automotive original equipment manufacturers (OEMs).
Public Policy and Social Contributions
Beyond the boardroom, Pandit was deeply engaged in public policy, sustainability, and social development. He co-founded institutions including the Pune International Centre and Janwani, and supported policy research through the Centre for Sustainable Development at the Gokhale Institute of Politics and Economics (GIPE). He also served as President of the Mahratta Chamber of Commerce, Industries and Agriculture (MCCIA) and contributed to multiple committees of the Confederation of Indian Industry (CII), representing Indian industry on several national platforms.
KPIT Technologies' Financial Position
On the day of the announcement, KPIT Technologies shares were trading 1.37% higher at ₹732.50 per share on the Bombay Stock Exchange (BSE). The stock has touched a 52-week high of ₹1,433 and a 52-week low of ₹625 on the exchange. Earlier this week, the company reported a 33% year-on-year decline in consolidated net profit to ₹163 crore for the March quarter (Q4 FY26), compared to ₹245 crore in the corresponding period last year. Despite the profit decline, revenue from operations rose 12% to ₹1,711 crore in Q4 FY26, against ₹1,528 crore a year earlier.
What Comes Next for KPIT
Pandit's passing marks the end of a foundational chapter for KPIT Technologies. The company now faces the dual challenge of navigating a period of profit pressure — even as revenues grow — while managing a leadership transition at the top. The automotive technology sector, where KPIT has staked its future, is undergoing rapid transformation driven by electrification and software-defined vehicle platforms, making steady leadership continuity critical in the months ahead.