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Earnings Call

KPI Green Energy Earnings Call: Key Takeaways

KPI Green delivered a stellar FY26 performance with 56% revenue growth and 57% PAT growth, driven by aggressive capacity addition in IPP and CPP segments.

Why this was an Alfa AlertNot a filter event. Management confirmed performance was in line with prior 40-50% growth guidance.
Highlights
Revenue growth56% YoY in FY26 to ₹2,742 crore.
MarginsIPP EBITDA margins 85-90%; EPC (CPP) margins 16-18%.
Order bookCPP order book at ₹5,246cr; IPP WIP over 1.6GW.
Demand visibilityStrong; 10GW target supported by 300MW/day national power demand growth.
Management confidenceHigh, reiterating 40-50% annual growth target through 2030.

Growth

FY26 Revenue: ₹2,742cr (+56% YoY); PAT: ₹509cr (+57% YoY); EBITDA: ₹1,006cr (+73% YoY).

Outlook

Guided 40-50% CAGR through FY30; targeting 10GW total capacity by 2030; expanding into BESS and international markets.

Risks

Rising interest costs due to debt-funded IPP capex; inventory build-up for geopolitical/supply chain risk hedging.

Source

Earnings Call filed with BSE, 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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