| Margins | High EBITDA margins + tax savings via accelerated depreciation in IPP. |
|---|---|
| Order book | Engineering segment order book at ~₹1,831 Cr as of March 2026. |
| Demand visibility | Strong; 2.82 GWp IPP portfolio with 1.81 GWp under execution. |
| Management confidence | High; founder-led since 1994 with proven execution capabilities. |
Growth
Unit generation in Q1 FY27 reached 27.9 Cr Kwh for KPI Green, already crossing 68% of total FY26 generation.
Outlook
Ambitious FY32 targets: 10GWp owned generation, 10GWp third-party EPC, and 10GWh BESS/cell manufacturing facility.
Risks
No specific financial headwinds mentioned; focus is on execution of large-scale hybrid and BESS projects.
Last quarter's promises, checked
Delivered
- Guided IPP unit growth → 4x Y-o-Y generation (= BEAT)
- Guided 35% EBITDA Margin → 37% delivered (= BEAT)
- Guided ₹670 Cr Green Bond → Listed successfully (= BEAT)
Partly delivered
- Guided 100% IPP utilization → 65% achieved in Q1 (= PARTIAL)
- Guided 500MW Botswana IPP → Land acquired, PPA pending (= PARTIAL)
Missed
- Guided 16-18% PAT Margin → 13.3% delivered (= MISS)
- Guided 40-50% Revenue growth → 16% delivered (= MISS)
Investor Presentation filed with BSE, NSE: KPIGREEN. Summary written with AI assistance from the document.
KPI Green Energy Ltd: key numbers
- Share price
- ₹287.35
- Market cap
- ₹5,680 Cr
- Revenue (annual)
- ₹2,696 Cr
- Net profit (annual)
- ₹476.1 Cr
- P/E (TTM)
- 12.4×Sector 21.0×
- 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.
More from KPI Green Energy Ltd
All →KPI Green Energy Merger & Restructuring Worth ₹0.01 Cr
KPI Green Energy incorporated step-down subsidiary KPGC Four Private Limited through Sun Drops Energia. The cash subscription was Rs 1 lakh, or 0.01 Crore.
- Value
- ₹0.01 Cr
KPI Green Energy Merger & Restructuring Worth ₹0.02 Cr
KPI Green's subsidiary Sun Drops Energia incorporated two step-down subsidiaries, KPGC Four and KPGC Five. Both have nil turnover and have not yet begun operations.
- Value
- ₹0.02 Cr
KPI Green Energy Other Announcement
KPI Green Energy Ltd filed its quarterly shareholding pattern as of September 30, 2026. This disclosure details the share distribution between promoters and public shareholders.
KPI Green Energy Acquisition Worth ₹49.31 Cr
KPI Green Energy's subsidiary, SDEL, completed acquiring an 88.37% stake in DMGEL for Rs. 49.31 Crore. This update marks the transaction's completion.
- Value
- ₹49.31 Cr
KPI Green Energy Acquisition
KPI Green Energy's subsidiary, Sun Drops Energia, completed an additional acquisition of 43.49 lakh shares in DMGEL, taking its total stake to 88.37%.
KPI Green Energy Debt & Borrowing: ₹572.9 Cr
KPI Green Energy submitted its half-yearly statement of outstanding NCDs as of September 30, 2026, as required by SEBI regulations.
- Value
- ₹572.9 Cr