KPI Green Energy Ltd
Incorporated in 2008, KPI Green Energy Ltd is part of KP Group. They develop, build, own, manage, and maintain renewable power facilities (solar and wind solar hybrid power project) as an Independent Power Producer (IPP) and as a service provider to Captive Power Producers (CPPs) under the ‘Solarism’ brand. [1]
Group Companies: [2]
KP Energy Limited
KP Green Engineering Private Limited
KPF Green Hydrogen & Ammonia Technology Private Limited
KP Human Development Foundation
- Market Cap ₹ 7,928 Cr.
- Current Price ₹ 401
- High / Low ₹ 563 / 336
- Stock P/E 20.2
- Book Value ₹ 128
- Dividend Yield 0.17 %
- ROCE 12.4 %
- ROE 17.4 %
- Face Value ₹ 5.00
Pros
- Company has delivered good profit growth of 93.2% CAGR over last 5 years
- Company's median sales growth is 60.4% of last 10 years
- Company's working capital requirements have reduced from 109 days to 84.6 days
Cons
- Company might be capitalizing the interest cost
- Promoters have pledged 44.7% of their holding.
- Promoter holding has decreased over last 3 years: -5.32%
* 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.
Peer comparison
Utilities Power Power Power Generation
Part of BSE Utilities Nifty Microcap 250 Nifty Total Market BSE 1000 Nifty Smallcap 500
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2013 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 0 | 27 | 26 | 32 | 34 | 59 | 102 | 219 | 488 | 724 | 1,592 | 1,990 | |
| 0 | 13 | 8 | 13 | 19 | 32 | 38 | 113 | 334 | 477 | 1,146 | 1,211 | |
| Operating Profit | 0 | 15 | 17 | 19 | 15 | 27 | 64 | 106 | 154 | 247 | 446 | 778 |
| OPM % | 54% | 68% | 59% | 45% | 46% | 62% | 49% | 32% | 34% | 28% | 39% | |
| 0 | 0 | 0 | -0 | 6 | 0 | 0 | 1 | 3 | 5 | 14 | 38 | |
| Interest | 0 | 1 | 2 | 3 | 4 | 8 | 25 | 36 | 37 | 76 | 68 | 167 |
| Depreciation | 0 | 3 | 2 | 8 | 4 | 7 | 16 | 14 | 19 | 35 | 52 | 114 |
| Profit before tax | 0 | 12 | 14 | 8 | 13 | 12 | 23 | 58 | 101 | 141 | 340 | 535 |
| Tax % | 33% | 40% | 2% | 31% | 46% | 36% | 23% | 22% | 26% | 26% | 27% | |
| 0 | 8 | 8 | 7 | 9 | 6 | 15 | 45 | 78 | 104 | 252 | 393 | |
| EPS in Rs | 0.00 | 2.42 | 1.63 | 0.63 | 0.55 | 0.40 | 0.89 | 2.74 | 4.82 | 5.74 | 12.82 | 19.90 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 4% | 13% | 4% | 6% | 5% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 53% |
| 5 Years: | 81% |
| 3 Years: | 60% |
| TTM: | 25% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 48% |
| 5 Years: | 93% |
| 3 Years: | 71% |
| TTM: | 55% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 105% |
| 3 Years: | 29% |
| 1 Year: | -21% |
| Return on Equity | |
|---|---|
| 10 Years: | 19% |
| 5 Years: | 20% |
| 3 Years: | 18% |
| Last Year: | 17% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2013 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 0.05 | 4 | 6 | 13 | 18 | 18 | 18 | 18 | 36 | 60 | 98 | 99 |
| Reserves | 0 | 10 | 26 | 36 | 81 | 80 | 94 | 137 | 192 | 688 | 1,898 | 2,426 |
| 0 | 14 | 31 | 44 | 40 | 139 | 286 | 352 | 600 | 977 | 1,512 | 5,280 | |
| 12 | 26 | 20 | 14 | 22 | 61 | 51 | 174 | 207 | 381 | 603 | 1,181 | |
| Total Liabilities | 12 | 54 | 83 | 107 | 161 | 298 | 450 | 682 | 1,035 | 2,106 | 4,112 | 8,985 |
| 0 | 31 | 58 | 49 | 84 | 203 | 297 | 403 | 673 | 704 | 1,898 | 4,017 | |
| CWIP | 0 | 1 | 8 | 34 | 18 | 1 | 3 | 0 | 0 | 78 | 163 | 916 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 22 | 66 | 67 | 214 | 343 | 500 |
| 12 | 21 | 17 | 25 | 59 | 94 | 128 | 213 | 295 | 1,110 | 1,708 | 3,551 | |
| Total Assets | 12 | 54 | 83 | 107 | 161 | 298 | 450 | 682 | 1,035 | 2,106 | 4,112 | 8,985 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2013 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 0 | 14 | 9 | 7 | -17 | 30 | 19 | 122 | 107 | -135 | 450 | 315 | |
| 0 | -25 | -36 | -29 | -15 | -109 | -130 | -153 | -288 | -373 | -1,545 | -3,996 | |
| 0 | 14 | 25 | 23 | 33 | 87 | 122 | 29 | 206 | 591 | 1,442 | 3,704 | |
| Net Cash Flow | 0 | 3 | -2 | 0 | 1 | 8 | 11 | -3 | 24 | 82 | 347 | 23 |
| Free Cash Flow | 0 | -11 | -27 | -23 | -32 | -79 | -93 | 4 | -182 | -283 | -882 | -2,671 |
| CFO/OP | 97% | 65% | 47% | -101% | 117% | 32% | 115% | 74% | -52% | 108% | 44% |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2013 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 30 | 17 | 150 | 143 | 175 | 178 | 57 | 40 | 153 | 101 | 116 | |
| Inventory Days | 203 | 434 | ||||||||||
| Days Payable | 208 | 137 | ||||||||||
| Cash Conversion Cycle | 30 | 12 | 150 | 143 | 175 | 178 | 57 | 40 | 153 | 101 | 413 | |
| Working Capital Days | 89 | 38 | 104 | 388 | -30 | 151 | 50 | -8 | 130 | 113 | 85 | |
| ROCE % | 0% | 35% | 14% | 9% | 11% | 15% | 21% | 21% | 17% | 16% | 12% |
Insights
In beta| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
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Extracted by Screener AI
Documents
Announcements
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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 KPI Green Energy, KP Energy, and KP Green Engineering.
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Intimation Regarding Grant Of Stock Options Under KPI Green Energy Limited Employee Stock Option Plan 2023
3 Jul - KPI Green Energy granted 75,000 stock options to one employee on July 3, 2026.
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Announcement under Regulation 30 (LODR)-Change in Management
3 Jul - Prof. Sunil Kumar Maheshwari appointed Vice-Chairman and Non-Executive Director effective July 3, 2026, pending shareholder approval.
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Board Meeting Outcome for The Board Meeting Held On July 03, 2026.
3 Jul - Board appointed Prof. Sunil Kumar Maheshwari as Vice-Chairman, Non-Executive Director, from July 3, 2026.
- Closure of Trading Window 29 Jun
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 2015
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Financial Year 2014
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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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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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Jun 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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Oct 2023TranscriptAI SummaryPPT
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Oct 2023TranscriptAI SummaryPPT
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Aug 2023TranscriptAI SummaryPPT
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Jun 2023TranscriptPPTREC
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Jun 2023TranscriptPPT REC
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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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Jul 2021TranscriptAI SummaryPPT
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Nov 2020TranscriptAI SummaryPPT
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Aug 2020TranscriptAI SummaryPPT
Part of the KP Group[1]
The company is a part of the KP Group, a renewable energy-focused conglomerate with businesses across solar and hybrid power generation, wind project development, steel engineering and galvanization, and green hydrogen. The Group has an installed renewable energy capacity of 2.5 GW with plans to scale beyond 10 GW by 2030.