KPI Green Energy Limited

NSE: KPIGREEN · Power

₹294.40+0.38%06 Nov 2026

Ask the data

Instant answers about KPI Green Energy Limited — computed from its filings, no language model

Market cap₹5,819 cr

Current price₹294.40

High / Low₹539 / ₹276

P/E12.7

P/B1.92

Book value₹153.5

ROE15.1%

ROCE11.8%

Debt / equity1.49

Dividend yield0.29%

EPS (TTM)₹23.16

Face value₹5

Price & valuation

split & bonus adjusted · pick a metric and range

Annual performance

annual · ₹ crore · line = operating margin

	FY22	FY23	FY24	FY25	FY26
Revenue	230	644	1,024	1,735	2,696
EBITDA	109	208	337	564	958
Operating margin	47.4%	32.4%	32.9%	32.5%	35.5%
Interest	37	47	86	79	182
Depreciation	14	23	40	61	133
Profit before tax	59	142	217	441	691
Tax	16	32	55	116	182
Net profit	46	110	162	320	476
EPS ₹	23.94	30.33	28.17	16.23	24.13
Operating cash flow	102	159	-57	208	424
Capex	191	312	86	1,505	3,035
Dividend paid	2	5	2	12	17
Total assets	—	1,255	2,436	4,792	9,882
Equity	—	258	836	2,609	3,034

Quarterly performance

last 21 quarters · ₹ crore

showing latest 8 of 21 periods

	JUN '21	SEP '21	DEC '21	MAR '22	JUN '22	SEP '22	DEC '22	MAR '23	JUN '23	SEP '23	DEC '23	MAR '24	JUN '24	SEP '24	DEC '24	MAR '25	JUN '25	SEP '25	DEC '25	MAR '26	JUN '26
Revenue	35	57	62	75	122	160	179	182	189	215	330	289	348	360	458	569	603	634	663	796	694
Operating profit	20	24	29	36	42	53	60	54	69	71	104	93	132	134	137	161	206	226	236	291	246
Operating margin	57.7%	41.4%	46.6%	47.6%	34.2%	33.0%	33.3%	29.7%	36.6%	33.1%	31.4%	32.1%	38.0%	37.2%	29.9%	28.3%	34.2%	35.6%	35.6%	36.6%	35.4%
Other income	0	0	0	1	0	0	0	2	1	1	1	4	2	2	8	8	11	7	13	14	16
Interest	7	8	9	14	11	11	12	13	20	18	23	25	28	23	15	14	38	43	48	53	80
Depreciation	5	2	3	4	5	6	6	6	9	10	10	11	14	15	15	16	30	32	33	39	51
Profit before tax	9	15	17	18	26	36	43	37	41	44	72	60	91	97	115	139	149	158	170	214	131
Tax	1	3	4	8	4	15	8	5	8	9	21	17	25	27	30	35	38	41	44	59	36
Net profit	0	12	13	13	22	21	34	32	33	0	51	43	0	70	84	99	104	109	118	145	86
EPS ₹	4.42	6.78	7.27	5.46	12.31	11.71	19.07	8.79	9.20	9.62	13.73	7.15	10.97	5.55	6.44	5.04	5.28	5.53	5.97	7.36	4.34
Revenue YoY	—	—	—	—	245.4%	178.3%	188.1%	143.6%	54.8%	34.6%	84.2%	58.6%	83.8%	67.2%	38.8%	96.8%	73.3%	76.4%	44.6%	39.8%	15.1%
Profit YoY	—	—	—	—	—	72.6%	162.3%	146.2%	49.6%	-100.0%	46.9%	35.4%	-100.0%	—	67.0%	130.3%	—	56.3%	39.4%	46.6%	-17.6%

Returns & margins

trailing-twelve-month, per quarter

showing latest 8 of 18 periods

	MAR '22	JUN '22	SEP '22	DEC '22	MAR '23	JUN '23	SEP '23	DEC '23	MAR '24	JUN '24	SEP '24	DEC '24	MAR '25	JUN '25	SEP '25	DEC '25	MAR '26	JUN '26
ROE	—	—	36.0%	47.1%	42.5%	46.8%	30.6%	35.6%	15.2%	11.2%	8.3%	10.0%	9.7%	13.7%	15.0%	16.2%	15.7%	15.1%
ROCE	—	—	23.3%	28.0%	24.2%	27.3%	23.1%	27.2%	18.2%	21.6%	19.9%	21.6%	13.9%	15.8%	14.0%	15.9%	11.5%	11.8%
Net margin	16.7%	19.1%	16.6%	16.9%	17.0%	17.0%	13.0%	12.6%	12.4%	7.9%	12.3%	13.6%	14.6%	18.0%	17.5%	17.4%	17.7%	16.4%
EBITDA margin	47.3%	41.1%	38.0%	35.4%	32.4%	33.2%	33.2%	32.5%	32.9%	33.8%	34.8%	34.0%	32.5%	32.0%	32.2%	33.5%	35.5%	35.8%
Debt / equity	—	—	2.16	2.16	2.02	2.02	2.03	2.03	1.00	1.00	0.07	0.07	0.43	0.43	0.81	0.81	1.49	1.49
Interest coverage	2.61	2.87	3.20	3.61	4.03	3.82	3.61	3.61	3.52	3.84	4.24	5.03	6.55	6.54	6.10	5.28	4.79	4.00
Asset turnover	—	—	0.45	0.58	0.51	0.57	0.55	0.66	0.42	0.49	0.47	0.52	0.36	0.42	0.37	0.40	0.27	0.28

Balance sheet

equity vs borrowings over time · ₹ crore

showing latest 6 of 8 periods

	SEP '22	MAR '23	SEP '23	MAR '24	SEP '24	MAR '25	SEP '25	MAR '26
Share capital	18	36	36	60	66	98	99	99
Other equity / reserves	175	222	289	775	1,899	2,511	2,551	2,935
Total equity	193	258	325	836	1,964	2,609	2,650	3,034
Borrowings	416	521	659	832	133	1,125	2,141	4,532
Current liabilities	196	370	381	895	370	796	1,129	2,041
Non-current liabilities	542	627	691	705	482	1,367	2,164	4,568
Total assets	931	1,255	1,397	2,436	2,817	4,792	6,164	9,882
Property, plant & equipment	546	800	859	898	1,049	2,279	2,313	4,429
Capital work-in-progress	2	0	3	101	188	163	709	918
Investments	2	2	2	0	6	4	4	199
Inventories	130	165	122	334	360	466	595	1,449
Receivables	48	147	203	427	393	578	767	740
Cash & equivalents	21	13	8	54	88	119	192	116

Cash flow

annual · ₹ crore · line = free cash flow

	FY22	FY23	FY24	FY25	FY26
Cash from operations	102	159	-57	208	424
Cash from investing	-189	-309	-387	-1,587	-4,071
Cash from financing	91	177	562	1,807	3,643
Capex	191	312	86	1,505	3,035
Free cash flow	-89	-152	-144	-1,297	-2,611
Dividends paid	2	5	2	12	17

Where the assets sit

Mar '26 · ₹ crore

Fixed assets (PPE)

₹4,429 cr45%

CWIP

₹918 cr9%

Investments

₹199 cr2%

Inventories

₹1,449 cr15%

Receivables

₹740 cr7%

Cash & equivalents

₹116 cr1%

Other assets

₹2,031 cr21%

Peer comparison

largest in Power · this company in bold

Company	Market cap ₹cr	Price	P/E	P/B	ROE
Adani Power Ltd.	3,93,967	204.29	21.6	5.13	23.7%
NTPC Ltd.	3,13,639	323.45	10.6	1.47	13.9%
Power Grid Corporation of India Ltd.	2,41,723	259.90	14.9	2.26	15.2%
Adani Green Energy Ltd.	2,34,549	1,424.10	125.2	10.86	8.7%
Adani Energy Solutions Ltd.	1,78,233	1,457.40	48.1	5.69	11.8%
Tata Power Co. Ltd.	1,12,645	352.50	29.2	2.85	9.8%
JSW Energy Ltd.	96,224	524.95	41.5	2.62	6.3%
NHPC Ltd.	82,450	82.08	19.1	1.88	9.9%
NTPC Green Energy Ltd.	69,627	82.63	106.0	3.59	3.4%
Torrent Power Ltd.	64,051	1,271.10	26.5	3.05	11.5%
KPI Green Energy Limited	5,819	294.40	12.7	1.92	15.1%

StoxGud checklist: Neutral setup · 4/10

Price above 50-day average
Price above 200-day average
50-day average above 200-day (uptrend)
RSI in healthy 40–70 zone
Positive 1-year return
Return on equity above 15%
Debt to equity below 1
Revenue growing year on year
Net profit margin above 10%
P/E below industry median

A rules-based screen of trend, momentum, quality and valuation. Educational only — not a buy or sell recommendation.

Returns & technicals

1 month-12.0%

6 months-39.7%

1 year-44.6%

3Y CAGR+12.3%

5Y CAGR+65.6%

10Y CAGR—

50-day avg₹310.10

200-day avg₹377.85

RSI (14)34

FAQs

What is the share price of KPI Green Energy Limited?

KPI Green Energy Limited (KPIGREEN) closed at ₹294.40 on NSE on 06 Nov 2026.

What is the market cap of KPI Green Energy Limited?

₹5,819 crore at the latest close.

What is the P/E ratio of KPI Green Energy Limited?

12.7, on trailing-twelve-month earnings from its filings.

How fast is KPI Green Energy Limited growing?

KPI Green Energy Limited: revenue has compounded at 61.2% a year over three years; net profit at 63.2% a year. Latest-quarter revenue is up 15.1% year on year, profit down 17.6%.

How profitable is KPI Green Energy Limited?

On a trailing-twelve-month basis return on equity is 15.1%, return on capital employed 11.8%, operating margin 35.8%, net margin 16.4%.

How much debt does KPI Green Energy Limited have?

KPI Green Energy Limited is moderately geared: debt to equity is 1.49 with borrowings of ₹4,532 cr against cash of ₹116 cr (balance sheet of 2026-03-31). Operating profit covers interest 4.0 times.

Financials parsed from KPI Green Energy Limited's own XBRL filings to NSE (consolidated), ₹ crore unless marked. Quarterly from JUN '21, annual from FY22, balance sheet from Sep '22. * = derived (full year or half year minus earlier quarters). Information only, not investment advice.