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KPI Green Energy share price & results

KPI Green Energy Limited· Power· Utilities

Results to
Jun 2026
Latest analysed call
Q1 FY27
Ownership as of
Sept 2026

Develops, owns and operates solar, wind and hybrid power plants as India's IPP and captive power producer.

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Reported

The figures, each with its period

Each figure keeps its basis and period; nothing is filled in.

MetricValueChangeBasisPeriodNote
Revenue694 ₹ crore+15.1% YoYQuarterly, as filedQuarter to Jun 2026Revenue from operations as filed.
Operating margin35.0 %+1.0 pts YoYOperating profit / revenueQuarter to Jun 2026For the quarter; a change is in percentage points.
Net profit95.0 ₹ crore−14.4% YoYQuarterly, as filedQuarter to Jun 2026Profit after tax as filed.
Return on equity16.72 %−2.7 ptsFY Mar 2026 vs FY Mar 2025Trailing twelve monthsTTM to Jun 2026Adjusted profit attributable to owners ÷ average owners’ equity.
Free cash flow margin-94.58 %−21.8 ptsFY Mar 2026 vs FY Mar 2025Fiscal yearFY ending Mar 2026(Operating cash flow − fixed-asset purchases + disposals) ÷ revenue.
Revenue growth (YoY)40.05 %−14.0 ptsFY Mar 2026 vs FY Mar 2025Trailing twelve monthsTTM to Jun 2026Revenue change against the same period one year earlier.

Source: Inve data from filed results; ratios from the Screener-verified panel · to Jun 2026

Guidance

What management said, and what became of it

1 of 2 judged targets kept · 11 open · verdicts reflect calls analysed to Q1 FY27.

KPI Green Energy Limited management guidance track record on Inve: 13 targets tracked across analysed earnings calls (1 achieved, 1 missed, 11 open).

TargetOriginal wordingSaidLatest callVerdict
Debt to Equity RatioWith the NCD and upcoming project also, we will not cross 2:1.
Call transcript, Q1 FY26 · 6 Aug 2025		Q1 FY26Q1 FY27:No new D/E ratio reported. Management has now guided for a higher long-term ceiling of 3:1, effectively retiring this older, lower ceiling promise.
Call transcript, Q1 FY27 · 12 Aug 2026		Achieved
Installed IPP Capacity1.7 GW by FY26 end
Call transcript, Q1 FY26 · 6 Aug 2025		Q1 FY26Q1 FY27:The FY26 target remains unaddressed and missed. Management focus is on the new FY27 capacity targets.
Call transcript, Q1 FY27 · 12 Aug 2026		Ghosted
Revenue Growth YoY60% to 70% growth year-on-year
Call transcript, Q4 FY25 · 19 May 2025		Q4 FY25Q1 FY27:Management revised growth guidance down again, now committing to '30% to 40% year-on-year', compared to the 40-50% guided in Q4 FY26.
Call transcript, Q1 FY27 · 12 Aug 2026		Revised Down

Source: Inve Guidance Tracker for KPI Green Energy Limited · to Q1 FY27

A verdict describes what became of management’s own words in later analysed calls. “Delayed” is a change of date, “went quiet” a target the calls stopped mentioning. None of it is a judgement on the investment. The methodology sets out how verdicts are recorded.

1 of KPI Green Energy Limited's 13 targets was missed. See which ones, and which are quietly gone. The 3 above are the free sample; 10 more targets are in the full ledger.

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Price

₹285.7 +0.44% · +₹1.25

Last close 27 Oct 2026 · NSE · INR · Source: Inve

Performance −44.8% 1Y

₹300₹400₹500Oct 25Dec 25Jan 26Mar 26Apr 26Jun 26Jul 26Sept 26Oct 26Q2 FY26 — 11 Nov 2025Q3 FY26 — 28 Jan 2026Q4 FY26 — 12 May 2026Q1 FY27 — 12 Aug 2026

1Y: ₹517.7 on 24 Oct 2025 → ₹285.7. High ₹538.8 (3 Nov 2025), low ₹276.35 (16 Sept 2026).

Previous close
₹284.45
Market cap
₹5.6k Cr
52-week range
₹276.35 – ₹538.8
One year
−45.29%
Price to earnings (TTM to Jun 2026)
12.33×
Return on equity (TTM to Jun 2026)
16.72%

Overview

Symbol
NSE:KPIGREEN
Sector
Power
Industry
Utilities
Exchange
NSE
Currency
INR

What KPI Green Energy Limited does

Based on the company's own presentations, annual report and earnings calls.

KPI Green Energy Limited develops, owns and operates utility-scale solar, wind and hybrid renewable power projects across India, in-house designing, engineering, procuring and constructing (EPC) each plant. It runs two business models: Independent Power Producer (IPP), where it owns plants and sells electricity to businesses and government bodies under long-term Power Purchase Agreements and via power exchanges, and Captive Power Producer (CPP), where it develops, transfers, operates and maintains solar/hybrid plants that let industrial and commercial customers generate and consume their own power, cutting their DISCOM electricity bills, with separate O&M contracts. It is part of KP Group, whose other listed entities are KP Energy Limited (wind project development and Balance-of-Plant EPC) and KP Green Engineering (galvanized steel structures and pre-engineered buildings for renewable and transmission infrastructure).

Segments

  • Independent Power Producer (IPP)
  • Captive Power Producer (CPP)
Installed + upcoming renewable capacity
6.26 GW (2.57 GW IPP + 3.69 GW CPP) as of March 31, 2026
Number of project sites
128 sites (installed and under execution) as of Dec 31, 2025
Land bank
6,999+ acres as of Dec 31, 2025
Power evacuation capacity tied up
3,575 MW as of Dec 31, 2025
Orders in hand
3.61+ GW as of Q3 FY26
Total manpower
670+ employees, including 322+ engineers and 135+ postgraduate professionals, as of Dec 31, 2025
Founded 2008Employees 670 (2025-12-31) Company website

How the price took the results

close before → close after

Q1 FY27
−3.9%
12 Aug
Q4 FY26
−5.9%
12 May
Q3 FY26
−0.7%
28 Jan
Q2 FY26
+0.4%
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.

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