KPEL

K.P. Energy share price & financials

Price
₹351.55
Market cap
₹1.8k Cr
Sector
Power
Calls analysed
7
Latest concall · Q1 FY27 · call held 12 Aug 2026

K.P. Energy Limited Q1 FY27

Revenue from Operations ₹519.46 cr +137%Profit After Tax ₹26.08 cr +3%Gross Margin 20% Consolidated Total Income ₹520.97 cr +136%

What went well

  • Consolidated total income grew by 136.16% YoY to ₹520.97 crores, demonstrating strong year-on-year growth.
  • Revenue from operations increased by 136.62% YoY to ₹519.46 crores, driven by infrastructure development.
  • Current order book of 2.16 Gigawatt, valued at over ₹2,250 crores, provides strong revenue visibility.

What to watch

  • Gross margin moderated to approximately 20% in Q1 FY27, down from 28% in Q4 FY26, and operating margins were around 12% compared to 20-21% in FY25.
  • Profit after tax grew by only 2.60% YoY to ₹26.08 crores despite significant top-line growth, indicating margin pressure.
Read the full call →

What K.P. Energy Limited does

K.P. Energy Limited is a Balance-of-Plant (BoP) solution provider for the wind and wind-solar hybrid energy industry, handling projects end-to-end from site identification and wind resource assessment through civil/electrical construction, power evacuation, statutory approvals and commissioning for WTG manufacturers, IPPs and CPPs. Beyond EPCC contracting, it owns and operates its own portfolio of wind IPP assets that sell power under long-term PPAs, and provides operations & maintenance services for the BoP portion of renewable assets through its wholly owned subsidiary KP Energy OMS Limited. It holds a CERC Category-V inter-state electricity trading licence, letting it sell power to buyers across India rather than only within one state.

Segments

  • EPCC
  • IPP
  • O&M
Total renewable portfolio (BoP + IPP)
3.73+ GW
Total projects in hand
2.16+ GW
Total installed capacity
1.57+ GW
Own IPP asset portfolio
248.5 MW (48.5 MW operational, 200 MW under execution)
Total O&M portfolio managed
646+ MW
Team strength
445+ (incl. 285+ engineers, 66+ other professionals)
Founded 2010 Company website

Guidance record · Q1 FY27

what the last two calls moved 16 tracked 4 delivered 4 missed 8 open
  • New Order Inflow delivered said Q3 FY25 Promised: Expect order inflow in three to six months. Q1 FY27: Promise concluded in Q4 FY26.
  • Bid Pipeline Conversion went quiet said Q2 FY26 Promised: ~3 Gigawatt in bid, expecting results by end of next month. Q1 FY27: The specific 3GW bid from Q2 FY26 was not mentioned. Management discussed a broader pipeline of over 2GW but provided no update on this specific past item.
  • Revenue Growth revised down said Q4 FY26 Promised: 40% to 50% growth is what we are expecting in the coming year (FY27). Q1 FY27: So, while we already have substantial order in hand, we would like to stay at about 30% to 40% as a guiding number, so as to give you an insight about at the level at which we would grow.

All 16 tracked — every revision, and every one management stopped mentioning.

Open the guidance ledger

Quarterly results

Q1 FY27: revenue up 135.9%, net profit up 4.0% against the same quarter last year.

₹ Cr · quarterly
Line itemQ2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26Q3 FY26Q4 FY26Q1 FY27
Revenue199 212 401 220 301 +51%345 +63%632 +58%519 +136%
EBITDA40 43 70 48 66 +65%75 +74%131 +87%60 +25%
Net profit25 26 46 25 36 +44%41 +58%79 +72%26 +4%
How to read this

₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.

Performance −48.7% 1Y

₹200₹300₹400Sept 25Oct 25Dec 25Jan 26Mar 26Apr 26Jun 26Jul 26Sept 26Q2 FY26 — 11 Nov 2025Q3 FY26 — 28 Jan 2026Q4 FY26 — 12 May 2026Q1 FY27 — 12 Aug 2026

1Y: ₹418.8 on 10 Sept 2025 → ₹214.91. High ₹459.6 (4 Nov 2025), low ₹214.91 (11 Sept 2026).

How the price took the results

close before → close after

Q1 FY27
−4.3%
12 Aug
Q4 FY26
−5.8%
12 May
Q3 FY26
+1.4%
28 Jan
Q2 FY26
−1.9%
11 Nov

The move from the last close before each results date to the first close after it — the market's first read on the quarter, not the quarter itself.

Financials, as filed

Revenue grew 50.8% a year over 3 years, FY23 to FY26. Operating margin widened to 21.4%.

Year endingFY23FY24FY25FY26
Revenue₹437 Cr₹472 Cr₹939 Cr₹1.5k Cr
Operating profit₹71 Cr₹84 Cr₹175 Cr₹320 Cr
Operating margin16.2%17.8%18.6%21.4%
Interest₹6 Cr₹12 Cr₹29 Cr₹45 Cr
Depreciation₹4 Cr₹8 Cr₹13 Cr₹30 Cr
Net profit₹44 Cr₹57 Cr₹115 Cr₹181 Cr
Net margin10.1%12.1%12.2%12.1%
Cash from operations₹28 Cr₹33 Cr₹162 Cr₹123 Cr
Free cash flow₹24 Cr₹-5 Cr₹-96 Cr₹-95 Cr
ROCE44.0%38.0%42.0%39.0%
How to read this

From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.

Balance sheet

Year endingFY21FY22FY23FY24FY25FY26
Equity capital₹11 Cr₹11 Cr₹11 Cr₹33 Cr₹33 Cr₹34 Cr
Reserves₹55 Cr₹76 Cr₹117 Cr₹152 Cr₹344 Cr₹490 Cr
Borrowings₹33 Cr₹28 Cr₹49 Cr₹116 Cr₹300 Cr₹442 Cr
Other liabilities₹167 Cr₹226 Cr₹168 Cr₹324 Cr₹591 Cr₹1.7k Cr
Total liabilities₹265 Cr₹342 Cr₹346 Cr₹626 Cr₹1.3k Cr₹2.7k Cr
Fixed assets₹132 Cr₹135 Cr₹144 Cr₹174 Cr₹505 Cr₹542 Cr
Capital work in progress₹11 Cr₹11 Cr₹1 Cr₹1 Cr₹0 Cr₹0 Cr
Investments₹1 Cr₹5 Cr₹23 Cr₹22 Cr₹10 Cr₹10 Cr
Other assets₹121 Cr₹191 Cr₹177 Cr₹429 Cr₹754 Cr₹2.1k Cr
Total assets₹265 Cr₹342 Cr₹346 Cr₹626 Cr₹1.3k Cr₹2.7k Cr
How to read this

As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.

Who owns it

As disclosed at Jun 2026

Since Jun 2025, promoters added +0.43 pp while the public trimmed −0.37 pp. The shareholder count grew 30% to 76,081.

Promoters
45.3%
FIIs
0.5%
DIIs
1.0%
Public
53.1%

Since Jun 2025

  • Promoters +0.43 pp
  • Public −0.37 pp
  • FIIs −0.10 pp

How it drifted, 12 quarters

Over this window the public fell from 54.9% to 53.1% — −1.8 pp.

Sep '23Dec '24Jun '26

Ownership split by quarter, oldest first. Sep '23: Promoters 44.8%, FIIs 0.3%, Public 54.9%.Dec '23: Promoters 44.8%, FIIs 0.3%, Public 54.9%.Mar '24: Promoters 44.8%, FIIs 0.3%, Public 54.9%.Jun '24: Promoters 45.0%, FIIs 0.4%, Public 54.6%.Sep '24: Promoters 45.0%, FIIs 0.5%, DIIs 0.1%, Public 54.5%.Dec '24: Promoters 45.0%, FIIs 0.6%, DIIs 0.9%, Public 53.5%.Mar '25: Promoters 45.0%, FIIs 0.8%, DIIs 0.9%, Public 53.3%.Jun '25: Promoters 44.9%, FIIs 0.6%, DIIs 1.0%, Public 53.5%.Sep '25: Promoters 44.9%, FIIs 0.5%, DIIs 1.0%, Public 53.6%.Dec '25: Promoters 44.9%, FIIs 0.5%, DIIs 1.1%, Public 53.6%.Mar '26: Promoters 45.4%, FIIs 0.7%, DIIs 1.0%, Public 52.9%.Jun '26: Promoters 45.3%, FIIs 0.5%, DIIs 1.0%, Public 53.1%.

Who was buying across the market this quarter →

Who is on the register

Named in the Jun 2026 filing

Every holder of K.P. Energy Limited above SEBI's 1% disclosure line, and what changed since Mar 2026.

HolderStakeChange
Farukbhai Gulambhai Patel 45.10%−0.14 pp
Manish Kantilal Haria 1.92%−0.06 pp
Saurabh Nareshkumar Shah 1.17%unchanged
Veer Value Ventures Llp 1.08%−0.30 pp
Kutir Navinchandra Patel 1.04%unchanged
Affan Faruk Patel 0.20%unchanged

A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.

All earnings calls (7)

Read the Q1 FY27 call →

Learn to analyse K.P. Energy Limited

Guides on how to read this kind of business and the numbers that matter.