K.P. Energy Ltd

K.P. Energy Ltd

₹ 423 -3.21%
07 Nov - close price
About

K.P. Energy(KPEL) is a part of the KP Group of Surat. It is involved in the development of utility scale wind power generation infrastructure. The major activities encompass siting of wind farms, acquisition of lands and permits, EPCC of wind projects, along with balance of plant (BoP) infrastructure. KPEL also owns and operates WTGs (Wind Turbine Generators) and solar power plant as an IPP( Independent Power Producers). The company undertakes projects principally in Gujarat. [1]

Key Points

EPCC Segment (97% - 9MFY24)[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 Producers (IPP), and Captive Power Consumers (CPP) in setting-up of a wind farm.[2] The existing portfolio creates an annuity-based revenue stream for the Company.[3]

  • Market Cap 2,827 Cr.
  • Current Price 423
  • High / Low 675 / 337
  • Stock P/E 21.2
  • Book Value 56.4
  • Dividend Yield 0.14 %
  • ROCE 41.7 %
  • ROE 45.4 %
  • Face Value 5.00

Pros

  • Company is expected to give good quarter
  • Company has delivered good profit growth of 153% CAGR over last 5 years
  • Company has a good return on equity (ROE) track record: 3 Years ROE 41.7%
  • Company's median sales growth is 53.8% of last 10 years

Cons

  • Stock is trading at 7.49 times its book value

* 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

Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025
56 108 148 113 70 82 207 127 199 212 401 219 301
45 89 125 92 54 65 177 105 158 169 331 171 235
Operating Profit 11 20 23 21 16 17 30 22 40 43 70 48 66
OPM % 20% 18% 15% 19% 23% 21% 15% 18% 20% 20% 18% 22% 22%
1 0 3 0 1 1 10 8 3 1 7 1 3
Interest 1 2 2 2 3 3 4 5 8 7 9 9 9
Depreciation 1 1 1 2 2 2 2 2 3 3 5 6 6
Profit before tax 10 17 23 17 12 12 34 23 33 34 65 35 54
Tax % 33% 30% 30% 11% 30% 26% 26% 20% 24% 22% 29% 27% 33%
7 12 15 15 8 9 25 18 25 26 46 25 36
EPS in Rs 1.01 1.76 2.32 2.28 1.23 1.39 3.73 2.73 3.74 3.96 6.87 3.80 5.37
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 Mar 2023 Mar 2024 Mar 2025 TTM
27 41 111 60 158 75 72 250 438 471 936 1,133
22 32 82 50 125 64 54 216 367 386 761 906
Operating Profit 5 10 29 10 33 11 18 34 70 85 176 227
OPM % 18% 23% 26% 17% 21% 14% 25% 14% 16% 18% 19% 20%
0 0 0 0 0 1 1 3 5 13 20 12
Interest 0 1 2 3 5 5 5 5 6 13 29 34
Depreciation 0 1 1 3 4 4 5 6 5 8 13 19
Profit before tax 4 8 26 4 25 3 9 27 64 76 154 187
Tax % 33% 34% 35% 50% 22% 60% 36% 33% 31% 24% 25%
3 5 17 2 19 1 6 18 44 58 115 134
EPS in Rs 1.51 0.78 2.53 0.28 2.92 0.17 0.91 2.74 6.58 8.74 17.29 20.00
Dividend Payout % 0% 0% 6% 9% 6% 0% 0% 6% 2% 6% 3%
Compounded Sales Growth
10 Years: 43%
5 Years: 66%
3 Years: 55%
TTM: 84%
Compounded Profit Growth
10 Years: 44%
5 Years: 153%
3 Years: 88%
TTM: 73%
Stock Price CAGR
10 Years: %
5 Years: 106%
3 Years: 88%
1 Year: -29%
Return on Equity
10 Years: 34%
5 Years: 36%
3 Years: 42%
Last Year: 45%

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 Mar 2023 Mar 2024 Mar 2025 Sep 2025
Equity Capital 1 3 9 9 11 11 11 11 11 33 33 33
Reserves 4 13 24 26 49 48 55 76 117 152 280 344
2 10 21 40 35 31 33 28 49 116 252 300
12 17 50 63 84 169 167 226 168 324 604 591
Total Liabilities 19 43 104 138 179 260 265 342 346 626 1,169 1,268
10 25 50 85 83 81 132 135 144 174 420 505
CWIP 0 0 18 8 10 50 11 11 1 1 0 0
Investments 0 0 0 0 0 0 1 5 23 22 10 10
9 18 36 45 86 130 121 191 177 429 738 754
Total Assets 19 43 104 138 179 260 265 342 346 626 1,169 1,268

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 Mar 2023 Mar 2024 Mar 2025
7 4 36 12 2 -28 -6 26 28 33 162
-9 -16 -44 -27 -4 -40 -18 -10 -21 -70 -241
3 13 8 22 1 69 33 -11 -15 47 101
Net Cash Flow 1 1 0 7 -1 0 9 5 -8 10 22

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Debtor Days 26 68 84 93 64 53 21 23 48 196 126
Inventory Days 96
Days Payable 105
Cash Conversion Cycle 26 68 84 93 64 53 21 23 40 196 126
Working Capital Days -15 16 7 -134 10 202 205 14 12 72 63
ROCE % 52% 70% 11% 35% 7% 13% 24% 44% 38% 42%

Shareholding Pattern

Numbers in percentages

1 Recently
Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025
44.80% 44.80% 44.80% 44.80% 44.80% 44.80% 45.01% 45.01% 45.01% 45.02% 44.88% 44.88%
0.00% 0.06% 0.19% 0.26% 0.26% 0.32% 0.37% 0.48% 0.60% 0.80% 0.63% 0.49%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.05% 0.91% 0.91% 0.98% 1.04%
55.20% 55.15% 55.01% 54.94% 54.94% 54.87% 54.62% 54.45% 53.47% 53.27% 53.51% 53.59%
No. of Shareholders 9,41411,04414,25816,19718,31243,28258,79557,15254,62457,78858,66763,317

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

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Documents

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