The call ran from 4:27 PM to 5:05 PM IST (38 min).
Key takeaways
EBITDA rose 22% to ₹283 Cr at a 38% margin, but PAT fell to ₹92 Cr from ₹117 Cr on IPP depreciation and finance costs. Management deflected valuation and royalty questions and guided FY27 PAT to about ₹500 Cr.
| Revenue growth | Total income +16% YoY to ₹741 Cr; EBITDA +22% to ₹283 Cr. |
|---|---|
| Margins | EBITDA margin ~38%; PAT margin compressed by IPP depreciation and finance costs. |
| Order book | Order book about ₹5,700 Cr; no peer comparison given. |
| Demand visibility | Sector tailwinds cited: 300 GW non-fossil crossed; 500 GW by 2030 target. |
| Management confidence | Mixed: confident on growth, defensive on valuation and royalty; hedged profit hopes. |
Growth
Income +16% to ₹741 Cr; EBITDA +22%; PAT fell on IPP depreciation and finance costs.
Outlook
FY27 PAT guided at about ₹500 Cr; IPP capacity about 2.1 GW by March 2027 post-acquisition.
Risks
Promoter royalty (~2%) criticised; valuation discount unexplained; acquisition and Sundrop IPO timing uncertain.
Summary by ALFA Finder, written with AI assistance from the earnings call transcript the company filed, published . Open it on ALFA Filings ›
The results behind this call
KPI Green Energy Q2 FY27 Results: Net Profit ₹91.9 Cr, Down 21.2% YoY
KPI Green Energy Ltd reported revenue from operations of ₹727.2 Cr (+14.6% YoY) and net profit of ₹91.9 Cr (-21.2% YoY) for Q2 FY27.
- Key figure
- Net profit ₹91.9 Cr · -21.2% YoY
What management said last time
Full summary →From the call summary published .
Outlook they gave
Guided 40-50% CAGR through FY30; targeting 10GW total capacity by 2030; expanding into BESS and international markets.
Growth they described
FY26 Revenue: ₹2,742cr (+56% YoY); PAT: ₹509cr (+57% YoY); EBITDA: ₹1,006cr (+73% YoY).
Call details
| Company | KPI Green Energy Limited |
|---|---|
| NSE symbol | KPIGREEN |
| ISIN | INE542W01025 |
| Call | Q2 FY27 earnings call |
| Date | Friday, 13 November 2026 |
| Time | 4:30 PM IST |
| Length | 38 min |
KPI Green Energy Limited: key numbers
- Share price
- ₹321.00
- Market cap
- ₹6,345 Cr
- Revenue (annual)
- ₹2,696 Cr
- Net profit (annual)
- ₹476.1 Cr
- P/E (TTM)
- 14.7×Sector 21.5×
- Promoter holding
- 49.40%+0.00% QoQ
- FII holding
- 7.32%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.