K.P. Energy Ltd
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]
- Market Cap ₹ 2,229 Cr.
- Current Price ₹ 329
- High / Low ₹ 555 / 238
- Stock P/E 12.3
- Book Value ₹ 77.4
- Dividend Yield 0.20 %
- ROCE 39.2 %
- ROE 43.4 %
- Face Value ₹ 5.00
Pros
- Company is expected to give good quarter
- Company has delivered good profit growth of 96.6% CAGR over last 5 years
- Company has a good return on equity (ROE) track record: 3 Years ROE 42.8%
- Debtor days have improved from 121 to 41.0 days.
- Company's median sales growth is 67.4% of last 10 years
Cons
* 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.
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
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 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 27 | 41 | 111 | 60 | 158 | 75 | 72 | 250 | 438 | 471 | 936 | 1,497 | |
| 22 | 32 | 82 | 50 | 125 | 64 | 54 | 216 | 367 | 386 | 761 | 1,178 | |
| Operating Profit | 5 | 10 | 29 | 10 | 33 | 11 | 18 | 34 | 70 | 85 | 176 | 320 |
| OPM % | 18% | 23% | 26% | 17% | 21% | 14% | 25% | 14% | 16% | 18% | 19% | 21% |
| 0 | 0 | 0 | 0 | 0 | 1 | 1 | 3 | 5 | 13 | 20 | 8 | |
| Interest | 0 | 1 | 2 | 3 | 5 | 5 | 5 | 5 | 6 | 13 | 29 | 46 |
| Depreciation | 0 | 1 | 1 | 3 | 4 | 4 | 5 | 6 | 5 | 8 | 13 | 28 |
| Profit before tax | 4 | 8 | 26 | 4 | 25 | 3 | 9 | 27 | 64 | 76 | 154 | 254 |
| Tax % | 33% | 34% | 35% | 50% | 22% | 60% | 36% | 33% | 31% | 24% | 25% | 29% |
| 3 | 5 | 17 | 2 | 19 | 1 | 6 | 18 | 44 | 58 | 115 | 181 | |
| 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 | 26.84 |
| Dividend Payout % | 0% | 0% | 6% | 9% | 6% | 0% | 0% | 6% | 2% | 6% | 3% | 3% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 43% |
| 5 Years: | 84% |
| 3 Years: | 51% |
| TTM: | 60% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 43% |
| 5 Years: | 97% |
| 3 Years: | 62% |
| TTM: | 60% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 51% |
| 5 Years: | 89% |
| 3 Years: | 38% |
| 1 Year: | -36% |
| Return on Equity | |
|---|---|
| 10 Years: | 37% |
| 5 Years: | 41% |
| 3 Years: | 43% |
| Last Year: | 43% |
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 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 1 | 3 | 9 | 9 | 11 | 11 | 11 | 11 | 11 | 33 | 33 | 34 |
| Reserves | 4 | 13 | 24 | 26 | 49 | 48 | 55 | 76 | 117 | 152 | 280 | 490 |
| 2 | 10 | 21 | 40 | 35 | 31 | 33 | 28 | 49 | 116 | 252 | 442 | |
| 12 | 17 | 50 | 63 | 84 | 169 | 167 | 226 | 168 | 324 | 604 | 1,726 | |
| Total Liabilities | 19 | 43 | 104 | 138 | 179 | 260 | 265 | 342 | 346 | 626 | 1,169 | 2,691 |
| 10 | 25 | 50 | 85 | 83 | 81 | 132 | 135 | 144 | 174 | 420 | 542 | |
| 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 | 2,139 | |
| Total Assets | 19 | 43 | 104 | 138 | 179 | 260 | 265 | 342 | 346 | 626 | 1,169 | 2,691 |
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 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 7 | 4 | 36 | 12 | 2 | -28 | -6 | 26 | 28 | 33 | 162 | 123 | |
| -9 | -16 | -44 | -27 | -4 | -40 | -18 | -10 | -21 | -70 | -241 | -212 | |
| 3 | 13 | 8 | 22 | 1 | 69 | 33 | -11 | -15 | 47 | 101 | 120 | |
| Net Cash Flow | 1 | 1 | 0 | 7 | -1 | 0 | 9 | 5 | -8 | 10 | 22 | 31 |
| Free Cash Flow | -2 | -12 | -8 | -15 | -2 | -69 | -24 | 17 | 24 | -5 | -96 | -95 |
| CFO/OP | 172% | 49% | 137% | 140% | 18% | -229% | -25% | 82% | 69% | 50% | 103% | 49% |
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 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 26 | 68 | 84 | 93 | 64 | 53 | 21 | 23 | 48 | 196 | 126 | 41 |
| Inventory Days | 96 | 471 | ||||||||||
| Days Payable | 105 | 232 | ||||||||||
| Cash Conversion Cycle | 26 | 68 | 84 | 93 | 64 | 53 | 21 | 23 | 40 | 196 | 126 | 280 |
| Working Capital Days | -15 | 16 | 7 | -134 | 10 | 202 | 205 | 14 | 12 | 72 | 63 | 67 |
| ROCE % | 52% | 70% | 11% | 35% | 7% | 13% | 24% | 44% | 38% | 42% | 39% |
Insights
In beta| Mar 2019 | Mar 2022 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|
| Capacity Energized (Cumulative) MW |
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| O&M Portfolio MW |
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| Operational IPP Capacity (Own Power Generation) MW |
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| Order Book / Projects in Hand MW |
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| Units Generated from IPP Cr kWh |
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| Total Renewable Portfolio GW |
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Extracted by Screener AI
Documents
Announcements
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
1d - Submitted Regulation 74(5) certificate for quarter ended June 30, 2026.
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Intimation Regarding Commissioning Of 50.4 MW Wind Power Project
2d - 50.4 MW wind project commissioned for NTPC Renewable Energy; COD effective July 8, 2026.
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Press Release - KP Group Welcomes Prof. Sunil Kumar Maheshwari As Vice-Chairman As It Enters Its Next Phase Of Growth
3 Jul - Prof. Sunil Kumar Maheshwari appointed Vice-Chairman and board member of KP Group and three listed companies.
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Intimation Regarding Grant Of Stock Options Under KP Energy Limited Employee Stock Option Plan 2023
3 Jul - K.P. Energy granted 76,000 ESOP options to one employee on July 3, 2026.
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Announcement under Regulation 30 (LODR)-Change in Directorate
3 Jul - Board appointed Prof. Sunil Kumar Maheshwari Vice Chairman and noted Amit Khandelwal’s resignation, effective July 3, 2026.
Annual reports
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Financial Year 2025
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Concalls
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May 2026Transcript PPT REC
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Feb 2026Transcript PPT REC
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Jan 2026TranscriptAI SummaryPPT
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Nov 2025Transcript PPT REC
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Aug 2025Transcript PPT REC
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May 2025Transcript PPT REC
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Feb 2025Transcript PPT REC
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Feb 2025TranscriptAI SummaryPPT
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Nov 2024Transcript PPT REC
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Aug 2024TranscriptAI SummaryPPT
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Apr 2024TranscriptAI SummaryPPT
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Feb 2024TranscriptAI SummaryPPT
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Nov 2023TranscriptAI SummaryPPT
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Aug 2023TranscriptAI SummaryPPT
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May 2023TranscriptAI SummaryPPT
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Jan 2023TranscriptAI SummaryPPT
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Oct 2022TranscriptAI SummaryPPT
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Aug 2022TranscriptAI SummaryPPT
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May 2022TranscriptAI SummaryPPT
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Jan 2022TranscriptAI SummaryPPT
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Nov 2021TranscriptAI SummaryPPT
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Aug 2021TranscriptAI SummaryPPT
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Jun 2021TranscriptAI SummaryPPT
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Feb 2021TranscriptAI SummaryPPT
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Nov 2020TranscriptAI SummaryPPT
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Jul 2020TranscriptAI SummaryPPT
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Mar 2020TranscriptAI SummaryPPT
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Nov 2019TranscriptAI SummaryPPT
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Aug 2019TranscriptAI SummaryPPT
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Aug 2019TranscriptAI SummaryPPT
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Jun 2019Transcript PPT
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May 2019TranscriptAI SummaryPPT
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Jan 2019TranscriptAI SummaryPPT
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Oct 2018TranscriptAI SummaryPPT
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Sep 2017TranscriptAI SummaryPPT
Part of the KP Group
The company is part of the KP Group, founded and promoted by Faruk Patel in 1994. It comprises 50+ companies focused on renewable energy, including solar, wind, hybrid, green hydrogen, ammonia, BESS, and offshore projects. As of FY25, the group has a renewable capacity of 5.75 GW and aims to reach 10+ GW capacity by 2030. [1]