“Rahul Jain is bearish on KPIT Technologies for FY27, expecting the company to not see a positive year due to project-related setbacks and a slower-than-expected recovery. Despite strong deal wins, new projects are unlikely to quickly offset the impact of recent program closures, making Q1 challenging and improvement only likely in H2 FY27. He also anticipates profitability to come under pressure and expects meaningful earnings downgrades for FY27, with projections already 7-8% below earlier estimates.”