K.P. Energy Ltd

K.P. Energy Ltd

₹ 151 -3.24%
24 Mar - close price
About

KP Energy Limited is a balance of plant (BoP) solution provider for the Wind Energy industry. The company engages throughout the development process of wind farms, right from conceptualization until the commissioning of the project. The company undertakes projects principally in Gujarat. [1]

Key Points

EPCC Segment (84% of revenues) [1]
The company's Engineering, Procurement, Construction and Commissioning segment revolves around a unique value proposition that is designed to comprehensively address all the needs of Wind Turbine Generator (WTG) manufacturers, Independent Power Producer (IPP), and Captive Power Consumers (CPP) in setting-up of a wind farm. [2] It has energized a cumulative capacity of ~200 MW in the last decade. [3]

  • Market Cap 336 Cr.
  • Current Price 151
  • High / Low 244 / 70.4
  • Stock P/E 9.92
  • Book Value 51.1
  • Dividend Yield 0.33 %
  • ROCE 28.7 %
  • ROE 22.7 %
  • Face Value 5.00

Pros

  • Company has reduced debt.
  • Company is expected to give good quarter
  • Debtor days have improved from 32.7 to 23.4 days.
  • Company's working capital requirements have reduced from 163 days to 24.1 days

Cons

  • Company has a low return on equity of 12.4% over last 3 years.
  • Promoter holding has decreased over last 3 years: -24.6%

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022
5 6 7 15 14 35 20 51 71 108 125 56 108
4 10 4 12 10 28 16 42 58 100 108 45 89
Operating Profit 1 -4 3 3 4 7 5 9 13 7 17 11 20
OPM % 15% -64% 41% 22% 31% 20% 22% 18% 19% 7% 14% 20% 18%
0 0 0 0 0 1 0 0 0 3 0 1 0
Interest 1 2 1 1 1 1 1 1 1 1 1 1 2
Depreciation 1 1 1 1 1 1 1 1 1 1 1 1 1
Profit before tax -1 -6 1 1 2 5 3 7 11 8 15 10 17
Tax % 25% 14% 17% 18% 8% 56% 45% 33% 35% 28% 33% 34% 30%
Net Profit -1 -6 1 1 2 2 1 4 7 5 10 7 12
EPS in Rs -0.32 -2.50 0.42 0.34 0.95 1.02 0.64 2.03 3.12 2.45 4.50 3.02 5.29
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 TTM
27 41 111 60 158 75 72 250 397
22 32 82 50 125 64 54 216 342
Operating Profit 5 10 29 10 33 11 18 34 55
OPM % 18% 23% 26% 17% 21% 14% 25% 14% 14%
0 0 0 0 0 1 1 3 5
Interest 0 1 2 3 5 5 5 5 5
Depreciation 0 1 1 3 4 4 5 6 6
Profit before tax 4 8 26 4 25 3 9 28 50
Tax % 33% 34% 35% 50% 22% 60% 36% 33%
Net Profit 3 5 17 2 19 1 6 18 34
EPS in Rs 4.52 2.36 7.61 0.85 8.76 0.50 2.73 8.30 15.26
Dividend Payout % 0% 0% 6% 9% 6% 0% 0% 5%
Compounded Sales Growth
10 Years: %
5 Years: 18%
3 Years: 17%
TTM: 123%
Compounded Profit Growth
10 Years: %
5 Years: 1%
3 Years: -4%
TTM: 124%
Stock Price CAGR
10 Years: %
5 Years: 15%
3 Years: 47%
1 Year: 20%
Return on Equity
10 Years: %
5 Years: 16%
3 Years: 12%
Last Year: 23%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Dec 2022
1 3 9 9 11 11 11 11 11
Reserves 4 13 24 26 49 48 55 76 102
2 10 21 40 35 31 33 28 24
12 17 50 63 84 169 167 226 166
Total Liabilities 19 43 104 138 179 260 265 342 303
10 25 50 85 83 81 132 135 94
CWIP 0 0 18 8 10 50 11 11 10
Investments 0 0 0 0 0 0 1 5 23
9 18 36 45 86 130 121 191 176
Total Assets 19 43 104 138 179 260 265 342 303

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
7 4 36 12 2 -28 -6 27
-9 -16 -44 -27 -4 -40 -18 -12
3 13 8 22 1 69 33 -11
Net Cash Flow 1 1 0 7 -1 0 9 5

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Debtor Days 26 68 84 93 64 53 21 23
Inventory Days
Days Payable
Cash Conversion Cycle 26 68 84 93 64 53 21 23
Working Capital Days 15 26 15 -134 21 228 238 24
ROCE % 52% 70% 11% 35% 8% 16% 29%

Shareholding Pattern

Numbers in percentages

1 recently
Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022
69.45 69.45 69.45 68.78 68.78 65.36 66.43 66.60 66.39 59.56 44.80 44.80
30.55 30.55 30.55 31.22 31.22 34.64 33.57 33.40 33.61 40.44 55.20 55.20

Documents

Concalls