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 ₹ 6,306 Cr.
- Current Price ₹ 319
- High / Low ₹ 542 / 317
- Stock P/E 13.8
- Book Value ₹ 154
- Dividend Yield 0.20 %
- ROCE 13.8 %
- ROE 17.4 %
- Face Value ₹ 5.00
Pros
- Company is expected to give good quarter
- Company has delivered good profit growth of 84.8% CAGR over last 5 years
Cons
- Company might be capitalizing the interest cost
- Promoters have pledged 44.7% of their holding.
- Promoter holding has decreased over last 3 years: -5.40%
* 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 BSE 1000 Nifty Smallcap 500 Nifty Total Market Nifty Microcap 250
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|
| 34 | 59 | 102 | 230 | 644 | 1,024 | 1,735 | 2,696 | 2,787 | |
| 19 | 32 | 44 | 121 | 435 | 687 | 1,172 | 1,738 | 1,789 | |
| Operating Profit | 15 | 27 | 58 | 109 | 208 | 337 | 564 | 958 | 998 |
| OPM % | 45% | 46% | 57% | 47% | 32% | 33% | 32% | 36% | 36% |
| 6 | 0 | 0 | 1 | 3 | 7 | 17 | 48 | 53 | |
| Interest | 4 | 8 | 16 | 37 | 47 | 86 | 79 | 182 | 224 |
| Depreciation | 4 | 7 | 13 | 14 | 23 | 40 | 61 | 133 | 154 |
| Profit before tax | 13 | 12 | 30 | 59 | 142 | 217 | 441 | 691 | 673 |
| Tax % | 31% | 46% | 27% | 27% | 23% | 26% | 26% | 26% | |
| 9 | 6 | 22 | 43 | 110 | 162 | 325 | 509 | 493 | |
| EPS in Rs | 0.55 | 0.40 | 1.35 | 2.66 | 6.74 | 8.94 | 16.23 | 24.13 | 23.19 |
| Dividend Payout % | -0% | -0% | -0% | 4% | 9% | 3% | 5% | 4% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 92% |
| 3 Years: | 61% |
| TTM: | 40% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 85% |
| 3 Years: | 63% |
| TTM: | 27% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 86% |
| 3 Years: | 19% |
| 1 Year: | -37% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 21% |
| 3 Years: | 20% |
| Last Year: | 17% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Equity Capital | 18 | 18 | 18 | 18 | 36 | 60 | 98 | 99 |
| Reserves | 81 | 80 | 102 | 136 | 222 | 775 | 2,325 | 2,935 |
| 40 | 139 | 240 | 446 | 676 | 1,036 | 1,475 | 5,197 | |
| 22 | 61 | 49 | 177 | 322 | 564 | 894 | 1,651 | |
| Total Liabilities | 161 | 298 | 409 | 777 | 1,255 | 2,436 | 4,792 | 9,882 |
| 84 | 213 | 244 | 482 | 801 | 979 | 2,361 | 4,508 | |
| CWIP | 18 | 1 | 21 | 31 | 0 | 101 | 163 | 918 |
| Investments | -0 | -0 | -0 | -0 | 2 | -0 | 4 | 199 |
| 59 | 85 | 144 | 264 | 453 | 1,355 | 2,264 | 4,257 | |
| Total Assets | 161 | 298 | 409 | 777 | 1,255 | 2,436 | 4,792 | 9,882 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| -17 | 40 | -27 | 102 | 159 | -57 | 208 | 424 | |
| -15 | -119 | -63 | -189 | -309 | -387 | -1,587 | -4,071 | |
| 33 | 87 | 101 | 91 | 177 | 562 | 1,807 | 3,643 | |
| Net Cash Flow | 1 | 8 | 11 | 4 | 27 | 118 | 427 | -4 |
| Free Cash Flow | -32 | -79 | -90 | -88 | -151 | -244 | -1,297 | -2,608 |
| CFO/OP | -101% | 154% | -43% | 95% | 80% | -11% | 48% | 48% |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Debtor Days | 143 | 175 | 178 | 58 | 83 | 152 | 122 | 100 |
| Inventory Days | 374 | |||||||
| Days Payable | 118 | |||||||
| Cash Conversion Cycle | 143 | 175 | 178 | 58 | 83 | 152 | 122 | 356 |
| Working Capital Days | 388 | -24 | 232 | 85 | 13 | 96 | 168 | 101 |
| ROCE % | 11% | 16% | 20% | 25% | 22% | 18% | 14% |
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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| IPP Unit Generation Crore kWh |
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| Total Order Book / Business Pipeline GW |
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| Portfolio Hybrid CUF % |
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| Total Project Sites Number |
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Extracted by Screener AI
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
- Audio recording of Q1FY27 earnings conference call held on August 12, 2026, is now available.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
- KPI Green Energy Limited submitted the extract of Standalone and Consolidated Unaudited Financial Result of the Company for the Quarter ended June 30, 2026, published …
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Disclosure Pursuant To Regulation 30(5) Of SEBI (LODR) Regulations, 2015
- KPI Green Energy updated authorized KMPs for disclosure under Regulation 30(5), effective August 11, 2026.
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Announcement under Regulation 30 (LODR)-Monitoring Agency Report
- Monitoring agency report for quarter ended June 30, 2026 shows no deviation; ₹118.751 crore utilized.
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Announcement under Regulation 30 (LODR)-Appointment of Statutory Auditor/s
- Q1 FY27 results announced on Aug 11, 2026; CFO changed and auditor appointed for five years.
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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Aug 2026TranscriptPPT REC
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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.