



Power | Small Cap
KPI Green Energy Ltd. shows a strong financial picture, primarily driven by exceptional growth and outstanding profitability. The company is rapidly expanding its sales, profits, and asset base, indicating a robust position in the Power & Utilities sector. Its ability to generate high returns and cover its debt payments is a key strength. However, a significant area of concern is its operational efficiency. The company is slow in converting its assets and inventory into sales and collecting payments from customers. While it is heavily reinvesting in new projects for future growth, this comes at the cost of low immediate returns to shareholders through dividends. The future outlook is positive due to high growth, but depends on improving operational efficiency to sustain long-term health.
KPI Green Energy Ltd. shows a strong financial picture, primarily driven by exceptional growth and outstanding profitability. The company is rapidly expanding its sales, profits, and asset base, indicating a robust position in the Power & Utilities sector. Its ability to generate high returns and cover its debt payments is a key strength. However, a significant area of concern is its operational efficiency. The company is slow in converting its assets and inventory into sales and collecting payments from customers. While it is heavily reinvesting in new projects for future growth, this comes at the cost of low immediate returns to shareholders through dividends. The future outlook is positive due to high growth, but depends on improving operational efficiency to sustain long-term health.
Overall Valuation Score
Markets Depth NSE
Buy Orders
Bid
Quantity
Orders
No buy depth
Total
0
0
Sell Orders
Ask
Quantity
Orders
No sell depth
Total
0
0
Markets Today NSE
High
0.00
Low
0.00
Open
0.00
Close
0.00
Prev Close
0.00
Avg Price
0.00
Volume
0
Last Traded Quantity
0
Last Traded Time
N/A
Price Movement Indicator
Today's Low: 0.00
Today's High: 0.00
P/E RATIO (TTM)
15.47
Industry Median
25.09
Small Cap Median
20.27
P/E RATIO
12.76
P/B RATIO
2.00
Industry Median
2.00
Small Cap Median
1.90
P/S RATIO
2.48
Industry Median
5.48
Small Cap Median
3.61
Others
PEG RATIO
0.15
EV/EBITDA RATIO
10.38
The Calculations Shown Above Are Based on the Last Traded Price (LTP) of ₹307.8 as on Sep 1, 2026.
The company is experiencing a period of outstanding and rapid expansion. Growth is exceptionally strong across all key areas, including a massive increase in revenues, operating profits, and net income. This indicates very strong market demand for its offerings and successful execution of its expansion strategy. The asset base is also growing at a very high rate, reflecting significant reinvestment to fuel future projects. This powerful growth trajectory is a primary strength of the company.
| Growth Ratios | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue Growth Rate | 125.49 | 180 | 59.01 | 69.43 | 55.39 |
| Operating Profit Growth Rate | 87.93 | 90.83 | 62.02 | 67.36 | 69.86 |
| Earnings Per Share (EPS) Growth | 97.04 | 153.38 | 32.64 | 81.54 | 48.68 |
| Asset Growth Rate | 89.98 | 61.52 | 94.1 | 96.72 | 106.22 |
| Net Income Growth Rate | 95.45 | 155.81 | 47.27 | 100.62 | 56.62 |
Revenue Growth Rate
Operating Profit Growth Rate
Earnings Per Share (EPS) Growth
Asset Growth Rate
Net Income Growth Rate
Peer Comparison empowers investors to evaluate a company against its industry peers using key financial metrics like P/E ratio, EPS, and profit margins. It helps identify whether a company is overvalued, undervalued, or performing in line with competitors. Investors can use this data to spot opportunities, assess risks, and make informed decisions. This contextual view adds depth beyond standalone company analysis.
| NO | Company Name | Health Score | P/E Ratio | Valuation | OPM | EPS | Latest Profit & Loss |
|---|---|---|---|---|---|---|---|
| 1 | KPI Green Energy Ltd | 7.24 | 12.76 | Undervalued | 958.00 | 19.87 | 509.00 |
| 2 | Jaiprakash Power Ventures Ltd | 5.89 | 25.09 | Neutral | 1367.00 | 0.64 | 451.00 |
| 3 | Oriana Power Ltd | 5.87 | 9.99 | Undervalued | 398.00 | 129.78 | 252.00 |
| 4 | Inox Green Energy Services Ltd | 4.99 | 62.86 | Neutral | 23.00 | 1.33 | 103.00 |
0 Credits RemainingUnlock Deep Technical Insights in Seconds Only with Dhanarthi AI
Overall Score
Strong Bearish
Bearish
Neutral
Bullish
Strong Bullish
Neutral
Market Sentiment
Analysis Driven By 1 Technical Indicators From The 1 Hour Timeframe
Analyzing moving average trends and crossovers. Green/Red badges indicate if the current condition passes or fails.
Comparing stock price performance (normalized) against benchmark indices over time.
Recent daily trading volume represented as a bar chart, alongside historical averages.
Current closing price relative to the 52-week highest and lowest prices.
Concall Report⬤3rd Feb 26
Q3 FY26 Earnings Conference Call
BULLISH SENTIMENT
Quarterly Report⬤21st Jan 26
Quarterly Financial Results Q3 FY 2025–26
BULLISH SENTIMENT
KPI Green Energy Ltd. is a prominent Indian renewable energy company focused on developing, building, owning, and operating solar and wind-solar hybrid power projects. It delivers sustainable power solutions to commercial and industrial (C&I) clients and sells generated power to state grids, playing a vital role in India's clean energy transition. The company emphasizes long-term asset creation and power generation.
P/E Ratio (TTM): Price to Earnings ratio shows how much an investor pays for every rupee of the company's earnings. KPI Green Energy Ltd's P/E ratio (TTM) is 15.47, compared to the industry median of 25.09 and large cap median of 20.27.
P/B Ratio: Price to Book ratio compares a company's market price to its book value per share. KPI Green Energy Ltd's P/B ratio is 2.00, compared to the industry median of 2.00 and large cap median of 1.90.
P/S Ratio: Price to Sales ratio compares a company's market value to its total revenue. KPI Green Energy Ltd's P/S ratio is 2.48, compared to the industry median of 5.48 and large cap median of 3.61.
PEG Ratio: PEG ratio adjusts the P/E ratio for expected earnings growth. KPI Green Energy Ltd's PEG ratio is 0.15.
EV/EBITDA Ratio: This ratio compares a company's enterprise value to its earnings before interest, tax, depreciation, and amortization. KPI Green Energy Ltd's EV/EBITDA ratio is 10.38.
Return on Equity (ROE): ROE measures how much profit a company generates from shareholders' invested capital. KPI Green Energy Ltd's ROE is 16.78%.
Return on Assets (ROA): ROA measures how efficiently a company converts its assets into net profit. KPI Green Energy Ltd's ROA is 9.69%.
Return on Capital Employed (ROCE): ROCE measures how efficiently a company generates profit from all the capital it employs. KPI Green Energy Ltd's ROCE is 14%.
Operating Margin: Operating margin shows what percentage of revenue remains after covering operating expenses. KPI Green Energy Ltd's operating margin is 35.53%.
Net Margin: Net margin shows what percentage of revenue converts into final net profit. KPI Green Energy Ltd's net margin is 18.88%.
Current Ratio: The current ratio measures a company's ability to pay short-term liabilities using short-term assets. KPI Green Energy Ltd's current ratio is 1.69.
Debt to Equity Ratio: This ratio shows the proportion of debt a company uses relative to shareholders' equity. KPI Green Energy Ltd's debt-to-equity ratio is 1.44.
Interest Coverage Ratio: This ratio shows how easily a company can pay interest on its outstanding debt from its operating earnings. KPI Green Energy Ltd's interest coverage ratio is 4.80.
Dividend Per Share (DPS): DPS shows the total dividend paid per share in the latest financial year. KPI Green Energy Ltd's DPS is ₹0.97.
Earnings Per Share (EPS): EPS shows how much profit is allocated to each outstanding share. KPI Green Energy Ltd's EPS is 48.68.
(Source line: "Ratios as of 28 Sept 2026, based on last traded price of ₹307.80. Data sourced from BSE/NSE Exchange Filings & Public Terminal Data.")
Founded: 2006 (as K.P.I. Global Infrastructure Limited)
Headquarters: Surat, Gujarat
Core Offerings: Solar Power Generation (IPP), Solar Power Generation (CPP), Wind-Solar Hybrid Power Generation, Land & Infrastructure Development
Stock Listing: NSE (KPIGREEN), BSE (542323)
Promoter: Farukbhai Gulambhai Patel / KPI Global Group
KPI Green Energy Ltd. was incorporated on February 08, 2006, as K.P.I. Global Infrastructure Limited. Initially, the company focused on infrastructure development, gradually transitioning into renewable energy. In 2019, it successfully completed its Initial Public Offering (IPO) and was listed on both BSE and NSE. In 2020, the company officially changed its name to KPI Green Energy Limited to accurately reflect its core business of developing and operating solar and wind-solar hybrid power projects. Today, it stands as a significant player in India's renewable energy landscape, catering to both Independent Power Producer (IPP) and Captive Power Producer (CPP) segments.
| Segment Name | Revenue % | EBITDA |
|---|---|---|
| Independent Power Producer (IPP) | ~70-75% | N/A (included in overall profitability) |
| Captive Power Producer (CPP) & Project Development | ~25-30% | N/A (included in overall profitability) |
Independent Power Producer (IPP): Develops, builds, owns, and operates grid-connected solar and wind-solar hybrid power plants, selling the generated electricity directly to state electricity boards or through long-term Power Purchase Agreements.
Captive Power Producer (CPP) & Project Development: Undertakes end-to-end development of solar and wind-solar hybrid power projects for commercial and industrial (C&I) clients, including land acquisition, project commissioning, and ongoing operation & maintenance services. Clients then purchase power from these captive units.
Farukbhai Gulambhai Patel (Chairman & Managing Director): He is the founder and driving force behind KPI Green Energy, bringing extensive entrepreneurial experience and a strong vision for renewable energy development to the company's leadership.
KPIG Energia Private Limited (Wholly Owned Subsidiary for wind-solar hybrid projects)
Sun Drops Energia Private Limited (Wholly Owned Subsidiary for solar projects)
Bonus Issue: 1:2 in January 2023
Bonus Issue: 1:2 in September 2023
Stock Split: 1:10 (Face Value ₹10 to ₹1) in January 2024
The KPI Green Energy Ltd share price today is ₹307.80 on NSE (KPIGREEN), as of 28 Sept 2026.
As of 28 Sept 2026, KPI Green Energy Ltd share price is ₹307.80, with previous close ₹307.80. Today's range is ₹307.80 to ₹307.80. The 52-week range is ₹N/A to ₹N/A.
As of today, KPI Green Energy Ltd's market cap is ₹6,673.1 crore (Mid Cap).
KPI Green Energy Ltd's current P/E ratio is 15.47, compared to the UTILITIES sector average of 37.
KPI Green Energy Ltd's current P/B ratio is 2.00.
KPI Green Energy Ltd's current dividend yield is 0.32%. Last dividend of ₹1.00 per share was declared on 25-May-2024.
KPI Green Energy Ltd's EPS (TTM) is ₹48.68.
KPI Green Energy Ltd. is a prominent Indian renewable energy company focused on developing, building, owning, and operating solar and wind-solar hybrid power projects. It delivers sustainable power solutions to commercial and industrial (C&I) clients and sells generated power to state grids, playing a vital role in India's clean energy transition. The company emphasizes long-term asset creation and power generation.
KPI Green Energy Ltd is promoted by Farukbhai Gulambhai Patel / KPI Global Group, holding 49.49% as of 28 Sept 2026.
KPI Green Energy Ltd is listed on NSE (KPIGREEN) and BSE (542323). Its next quarterly results are expected on August 2024.