KPI Green Energy Limited

NSE: KPIGREEN · Power Generation

52W Range₹336 ₹552

Snapshot

Unlock KPI Green Energy Limited's vital signs

Growth · Profitability · Valuation · Strength · Conviction

Company Overview

Business

KPI Green Energy Limited is an Indian power generation company that develops, owns, and operates solar power plants under the Solarism brand. The company functions as both an independent power producer and a captive power producer, while also engaging in the sale of land parcels.

Business Model

The company generates revenue through the sale of solar power and the provision of engineering, procurement, and construction services for solar projects. Additionally, it monetises land assets by selling parcels to third-party clients.

Growth Outlook

Growth is driven by the increasing demand for renewable energy in India and the expansion of its solar power generation capacity. The company continues to leverage its position as a captive power producer to capture industrial demand.

Key Risks

  • Regulatory Risk. Changes in government policies, subsidies, or tariffs related to solar energy could adversely impact the company's profitability.
  • Project Execution Risk. Delays in land acquisition, infrastructure development, or supply chain disruptions may hinder the timely commissioning of solar projects.
  • Concentration Risk. Heavy reliance on the solar power sector exposes the company to fluctuations in solar equipment pricing and grid connectivity challenges.
  • Interest Rate Risk. As a capital-intensive business, the company is sensitive to fluctuations in interest rates which affect the cost of financing new solar installations.

Price

Start your research today

Unlock AI insights, financials, peers and live data on KPI Green Energy Limited and 5,000+ companies — free.

Start your research

Key Metrics

REVENUE

₹2,696 Cr

TTM · consolidated

+55.3%YoY

NET PROFIT

₹509 Cr

TTM · consolidated

+56.6%YoY

EPS

₹24.14

TTM · consolidated

-13.8%YoY

RETURN ON EQUITY

18.8%

TTM · consolidated

-6.6 ppYoY

RETURN ON CAPITAL EMPLOYED

17.6%

TTM · consolidated

-6.5 ppYoY

P/E

16.9x

Q4 FY26 · consolidated

16.9 vs 14.4x5Y avg

EV/EBITDA

12.4x

Q4 FY26 · consolidated

12.4 vs 34.1x5Y avg

EBITDA MARGIN

37.2%

TTM · consolidated

+3.6 ppYoY

NET PROFIT MARGIN

19.5%

Q4 FY26 · consolidated

+1.2 ppYoY

DEBT TO EQUITY

1.5x

Q4 FY26 · consolidated

+1.06xYoY

Peers · Power Generation

CompanyMkt Cap (Cr)P/EEV/EBITDARev Gr YoYEBITDA MgnROEROCE1Y Return
KPI Green Energy LimitedKPIGREEN
7,40116.8512.4155.3%37.2%18.8%17.6%-26.9%
Jaiprakash Power Ventures Ltd.JPPOWER
10,22534.678.951.9%28.7%3.6%6.9%-28.5%
Clean Max EnviroCLEANMAX
9,60459.0%
Reliance Power Ltd.RPOWER
8,925-30.368.700.5%35.9%-2.1%4.8%-62.8%
GMR Power And Urban Infra LimitedGMRP&UI
7,91912.109.2115.6%27.6%67.0%20.4%-18.4%
Inox Green Energy Services LimitedINOXGREEN
5,63971.0838.1424.2%68.6%5.4%8.1%+23.4%

As of Q4 FY26

Financials