We see a very good opportunity in electric vehicles, says Vinit Teredesai - what's the best electric toothbrush to buy

The chief financial officer (CFO) of KPIT Technologies said in an interview with the chief financial officer that the company is focused on automotive engineering and believes that electric vehicles will have a good opportunity to develop.
In an interview, he also said that the slowdown in global companies did not directly affect the company and was confident to meet the guidance.
Edit excerpt: Our company is currently focused on automotive engineering, but we call it mobility, not the car.
In fact, we focus on areas where one person can be brought from place to place.
At present, our focus is on passenger cars, including commercial vehicles, tractors and heavy equipment, as well as shared mobile such as Ola and Uber.
Our strategy is to deliver services in five areas such as power trains, autonomous driving, infotainment, software architecture (which we call AUTOSAR), and diagnostics and security.
Interestingly, 70% of the original equipment manufacturers (original equipment manufacturers) are our customers and we are as a layer
I provide suppliers for the remaining 30% and work with them in the vertical direction.
I think there will be major changes in the mobile sector in the next three years. 5 years.
More electric vehicles will join the alliance in the process, and you may see the self-driving function.
I think this is a good opportunity for our company, and we are also looking at this opportunity.
The blackout time is still going on and that's why I can't talk more about it.
But if you look at the automotive industry from the information we provided before demerger in January, then we are up 30% in this area.
On top of that, our profit and Ebitda are a bit low but we are working on it.
Again, we also provided guidance for the next year in January and said we will grow at least 20%, Ebitda will be around 15% and EPS will be around 6-7%.
So we support the goal of 2019.
This was predicted earlier.
In addition, only after the quarterly results are announced next month can we provide clear guidance and regional performance.
You see, our business is not directly connected to vehicles on the road, we are always committed to 3-4-year program.
Therefore, the visible downturn in global corporate sales has no direct impact on our company.
This is a time when leading global companies invest in R & D to prepare themselves for a better product.
So that's why we don't see any direct impact on our business.
Our revenue is not directly related to sales, our prospects are 3-4 years.
So, we don't have problems in meeting our guidance.
Our share in the domestic market is very low.
We are primarily 95% connected to international players, but we are trying to increase our footprint in India in key areas.
As far as breaking up is concerned, the contribution of passenger cars to our business is about 80%.
In addition to that, we are also with tier-
1 suppliers engaged in the supply of key components must embed software.
But we want to connect with 25 companies that talk about growth, look to the future, commit to advanced technology, and make the most contribution in almost every part of their concept.
The merger was announced on 2018 and under a plan Birlasoft, a private holding company, will be merged with KPIT Technology.
Later, the now-listed automotive engineering company separated from the merged company of KPIT Technology.
In the process, a number of shares were issued to the two promoters and an agreement was reached that, after a period of time, the IT services company would be led by the management of Birlasoft, they will hold a stake in the company, while automotive engineering will continue to be the sponsor of KPIT.
The public offer is for the purchase of shares issued to Birlasoft during the merger and demerger process.
Sponsors of KPIT will purchase these shares.