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Earnings Call

KPI Green Energy Earnings Call: Key Takeaways

KPI Green Energy delivered a strong FY26 with Revenue up 56% to ₹2,742 Cr and PAT up 57% to ₹509 Cr, driven by massive capacity additions in IPP and CPP segments.

Why this was an Alfa AlertNot a filter event. While growth is exceptional, management did not provide a specific prior guidance range to measure a material beat against.
Highlights
Revenue growth56% YoY for FY26; 40% YoY for Q4FY26.
MarginsEBITDA margin improved from 33% to 37% in FY26.
Order bookLarge wins include 1.13 GW Solar and 300 MW Wind projects.
Demand visibilityStrong; 1.61 GW IPP and 3.03 GW CPP projects in progress.
Management confidenceHigh, anchored by 10 GW 2030 'Ambitious Group target'.

Growth

FY26 Revenue grew 56% YoY; EBITDA rose 73% to ₹1,006 Cr; PAT increased 57% YoY; total portfolio reached ~6.26 GW.

Outlook

Targeting 10+ GW by 2030; significant expansion into Hybrid, BESS, Green Hydrogen, and Inter-State power trading.

Risks

High interest cost growth (130% YoY); aggressive capital intensity for 10 GW target by 2030; regulatory dependencies.

Source

Earnings Call filed with NSE, NSE: KPIGREEN. Summary written with AI assistance from the document.

Read the document ↗

KPI Green Energy Ltd: key numbers

Share price
₹339.75
Market cap
₹6,716 Cr
Revenue (annual)
₹2,696 Cr
Net profit (annual)
₹476.1 Cr
P/E (TTM)
14.7×Sector 25.1×
Promoter holding
49.40%-0.09% QoQ
FII holding
8.16%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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