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KPI Green Energy Ltd

KPIGREEN

KPI Green Energy Ltd

KPIGREEN
UtilitiesRenewable Energy
SmallcapWith a market cap of ₹10,664 cr, stock is ranked 518
High RiskStock is 4.07x as volatile as Nifty
804.251.01% (-8.20)
804.251.01% (-8.20)

Price Chart

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Low
Returns
1D
1W
1M
1Y
5Y
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SIP
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1D
1W
1M
1Y
5Y
Max
SIP
UtilitiesRenewable Energy
SmallcapWith a market cap of ₹10,664 cr, stock is ranked 518
High RiskStock is 4.07x as volatile as Nifty
Scorecard

Performance

Avg

Price return has been average, nothing exciting

Valuation

High

Seems to be overvalued vs the market average

Growth

High

Strong financials and growth story over the years

Profitability

High

Showing good signs of profitability & efficiency

Entry point

Avg

The stock is not in the overbought zone

Red flags

Avg

The stock has a moderate number of red flags

How to use scorecard? Learn more

UtilitiesRenewable Energy
SmallcapWith a market cap of ₹10,664 cr, stock is ranked 518
High RiskStock is 4.07x as volatile as Nifty

Key Metrics

No LabelNo LabelPB RatioPB RatioDividend YieldDiv. Yield
54.8312.760.03%
Sector PESector PESector PBSector PBSector Div YldSctr Div Yld
25.073.791.13%

Forecast & Ratings

Detailed Forecast 
100%
Analysts have suggested that investors can buy this stock

from 1 analyst

Price

Price Upside

Earnings

Earnings Growth

Revenue

Rev. Growth

See Detailed Forecast

Company Profile

K.P.I. Global Infrastructure is an India-based solar power generating company.

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Forecasts

Price

Revenue

Earnings

Income

Balance Sheet

Cash Flow

Income Statement

Industry refers to the sub-sector this company belongs to.

Higher than Industry Revenue Growth

A higher-than-industry revenue growth represents increased potential for the company to increase their market share

Over the last 5 years, revenue has grown at a yearly rate of 88.05%, vs industry avg of 11.03%

Increasing Market Share

Market share is the percentage of an industry's total sales going to a particular company. It gives a general idea of the size of a company v/s its competitors

Over the last 5 years, market share increased from 0.2% to 2.6%

Higher than Industry Net Income

Net income is equal to net earnings (profit) less expenses. This number is an important measure of how profitable the company is

Over the last 5 years, net income has grown at a yearly rate of 78.55%, vs industry avg of 17.52%

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Financial YearFY 2019FY 2020FY 2021FY 2022FY 2023FY 2024TTM
Total Revenue43.8459.55103.94231.52647.041,030.821,190.10
Raw Materialssubtract0.000.000.000.00384.13536.35784.67
Power & Fuel Costsubtract10.4015.3522.8291.750.761.27
Employee Costsubtract0.861.621.774.268.0714.39
Selling & Administrative Expensessubtract5.488.2310.147.8112.5833.17
Operating & Other expensessubtract5.937.1010.4717.3530.24102.18
Depreciation/Amortizationsubtract4.477.4812.5214.0622.6240.3745.19
Interest & Other Itemssubtract3.877.8416.1636.9346.7686.0693.84
Taxes & Other Itemssubtract3.925.488.1316.1232.2455.3671.91
EPS0.140.100.341.1410.1114.1216.13
DPS0.000.000.000.170.950.230.17
Payout ratio0.000.000.000.150.090.020.01

Company Updates

Annual Report and Investor Presentation updates mentioned here are as reported by the company to the exchange
FY 2022

Annual report

PDF

Investor Presentation

May 10PDF
Jan 18PDF
Nov 3PDF
+2 more
FY 2023

Annual report

PDF

Investor Presentation

May 26PDF
Jan 31PDF
Oct 18PDF
Aug 13PDF
FY 2024

Annual report

PDF

Investor Presentation

Aug 14PDF
 

Peers & Comparison

Comparing 3 stocks from 
UtilitiesRenewable Energy

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StockPE RatioPE RatioPB RatioPB RatioDiv. YieldDividend Yield
KPI Green Energy Ltd65.9612.760.03%
Adani Green Energy Ltd280.9217.71
NHPC Ltd26.162.162.01%
Premier Energies Ltd221.1277.52

Price Comparison

Compare KPIGREEN with any stock or ETF
Compare KPIGREEN with any stock or ETF
KPIGREEN
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Shareholdings

Promoter Holdings Trend

Decreased Total Promoter Holding

Increasing promoter holding is considered good and reflects management’s positive view about the future outlook

In last 6 months, promoter holding in the company has decreased by 4.31%

High Pledged Promoter Holding

Lower pledged promoter holdings is considered better

A significant proportion of promoter holdings is pledged

Institutional Holdings Trend

Decreased Total Retail Holding

Increasing retail holding can be considered bad as it can reflect that institutions and promoters are selling their stake which is being absorbed by retail investors.

In last 3 months, retail holding in the company has decreased by 2.23%

Increased Foreign Institutional Holding

Foreign Institutional Holding is quantum of stock held by foreign large-quantities-trading entities. Increasing value indicates growing support and comfort for the stock

In last 3 months, foreign institutional holding of the company has increased by 6.34%

Tickertape Separator

Shareholding Pattern

Retail and OthersForeign InstitutionsOther Domestic InstitutionsMutual FundsTotal Promoter Holding48.77%0.32%1.56%12.40%36.95%

Mar 2024

Jun 2024

Jul 2024

Aug 2024

Shareholding History

Dec '23FebMarJunJulAug5.96%4.87%5.59%6.06%6.77%12.40%

Mutual Funds Holding Trend

Mutual Fund Holding

Increasing Mutual Fund holdings are generally considered good, as it reflects that fund managers are becoming more bullish about the stock

In last 3 months, mutual fund holding of the company has almost stayed constant

Top 5 Mutual Funds holding KPI Green Energy Ltd




Funds (Top 5)Market-cap heldWeight3M holding changePortfolio rank
(3M change)
ITI Small Cap Fund - Direct Plan - Growth Option

Growth
0.2404%1.09%0.05%69/98 (-2)
Motilal Oswal Nifty Microcap 250 Index Fund - Growth - Direct Plan

Growth
0.1061%0.76%0.05%29/252 (+3)
ITI Value Fund - Growth - Direct Plan

Growth
0.0345%1.25%-0.15%61/87 (-10)

Compare 3-month MF holding change on Screener

Insider Trades & Bulk Deals

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smallcases

Looks like this stock is not in any smallcase yet.

Events

Dividend Trend

No dividend trend available

Dividends

Corp. Actions

Announcements

Legal Orders

Upcoming Dividends

No upcoming dividends are available

Past Dividends

Cash Dividend

Ex DateEx DateAug 21, 2024

Interim
Interim | Div/Share: ₹0.20

Dividend/Share

0.20

Ex DateEx Date

Aug 21, 2024

Cash Dividend

Ex DateEx DateOct 20, 2023

Interim 2
Interim 2 | Div/Share: ₹0.25

Dividend/Share

0.25

Ex DateEx Date

Oct 20, 2023

Cash Dividend

Ex DateEx DateAug 22, 2023

Interim
Interim | Div/Share: ₹0.25

Dividend/Share

0.25

Ex DateEx Date

Aug 22, 2023

Cash Dividend

Ex DateEx DateFeb 20, 2023

Interim
Interim | Div/Share: ₹0.20

Dividend/Share

0.20

Ex DateEx Date

Feb 20, 2023

Cash Dividend

Ex DateEx DateOct 31, 2022

Interim 3
Interim 3 | Div/Share: ₹0.25

Dividend/Share

0.25

Ex DateEx Date

Oct 31, 2022

News & Opinions
Corporate
KPI Green Energy to convene AGM

KPI Green Energy announced that the Annual General Meeting (AGM) of the company will be held on 25 September 2024.Powered by Capital Market - Live

1 week agoCapital Market - Live
Corporate
KPI Green Energy to hold AGM

KPI Green Energy announced that the Annual General Meeting (AGM) of the company will be held on 25 September 2024.Powered by Capital Market - Live

1 week agoCapital Market - Live
Spotlight
ICRA upgrades ratings of KPI Green Energy to 'A' with 'positive' outlook

The agency has also revised its outlook on these ratings to 'positive' from 'stable'. Concurrently, ICRA has reaffirmed the company's short-term rating at '[ICRA] A2+'. ICRA stated that the ratings upgrade considers an improvement in the Group's capital structure, post the fund-raising of Rs. 1,000 crore by KPI Green through the qualified institutional placement (QIP) route in August 2024, which has been mainly utilised to prepay the entire outstanding debt under KPI Green. Also, the part proceeds from the QIP will be used to meet the equity requirement of the recently awarded utility scale independent power producer (IPP) projects under KPI Green. The rating action also factors in a healthy improvement in the Group's scale and profitability inFY2024 and the current fiscal, driven by higher execution of captive power plant (CPP)/engineering, procurement and construction (EPC) orders and the commissioning of the additional IPP capacity. The ratings also factor in the extensive experience of the key promoter in the renewable energy sector and allied power plant setting-up activities. The ratings derive comfort from the long-term and medium-term power purchase agreements (PPA) for its IPP capacities with reputed counterparties and a track record of timely payment of bills from them. The ratings are constrained by the expected moderation in the leverage and coverage metrics of the Group in the medium term owing to the debt-funded nature of the large pipeline of the under-development utility-scale IPP projects of ~1.2-GW (DC)along with the increase in the working capital debt to support the growing CPP order book. Also, the Group remains exposed to the risk of timely execution of the IPP projects without any major cost overruns. The ratings are further constrained by the geographical concentration risk as the Group's entire power generation capacities (IPP+CPP) are in Gujarat. KPI Green Energy is engaged in solar power generation. It provides solar power, both as an independent power producer (IPP) and as a service provider (EPC contractor), to CPP customers. The scrip shed 0.92% to currently trade at Rs 886.05 on the BSE. Powered by Capital Market - Live

1 week agoCapital Market - Live
Corporate
KPI Green Energy receives upgrade in LT credit ratings

KPI Green Energy announced that ICRA has upgraded Company's long-term rating from ICRA A-; Stable outlook to ICRA A; Positive outlook and the short-term rating has been reaffirmed at ICRA A2+. Powered by Capital Market - Live

2 weeks agoCapital Market - Live
Spotlight
KPI Green's subsidiary bags LoIs for 7MW solar power projects

The domestic entities that have awarded the aforementioned letters of intent (LoIs) are Wolkem India and Mahadev Texo Fab. The said projects are scheduled to be completed in the financial year 2024-25, in various tranches as per the terms of the order. KPI Green Energy develops and maintains grid connected solar power projects and sells power units generated from the company's solar plants. The company's consolidated net profit surged 98.76% to Rs 66.11 crore in Q1 FY25 as compared to Rs 33.26 crore recorded in Q1 FY24. Revenue from operations climbed 83.78% year on year (YoY) to Rs 348.01 crore in Q1 FY25. The scrip rose 0.99% to currently trade at Rs 895 on the BSE. Powered by Capital Market - Live

2 weeks agoCapital Market - Live
Corporate
KPI Green receives LoI for 7 MW solar power projects under CPP

Sun Drops Energia, a wholly owned subsidiary of KPI Green Energy, has received Letters of Intent for executing solar power projects with a cumulative capacity of 7 MW under the 'Captive Power Producer (CPP)' business segment of the Company.Powered by Capital Market - Live

2 weeks agoCapital Market - Live
Corporate
KPI Green Energy schedules board meeting

KPI Green Energy will hold a meeting of the Board of Directors of the Company on 31 August 2024.Powered by Capital Market - Live

3 weeks agoCapital Market - Live
Corporate
KPI Green Energy achieves Zero Net Debt status on standalone basis

KPI Green Energy announced that the company has achieved zero net debt status on a standalone basis. This milestone underscores our dedication to maintaining a robust financial position and is anticipated to result in considerable savings in the Company's annual interest and finance costs. This achievement not only strengthens our financial foundation but also enhances our credit profile, positioning the Company for sustainable growth. We remain committed to delivering value to all stakeholders through sound financial management and strategic initiatives., stated the company. Powered by Capital Market - Live

3 weeks agoCapital Market - Live
Corporate
Board of KPI Green Energy approves allotment of 1.06 cr equity shares under QIP

The Board of KPI Green Energy at its meeting held on 16 August 2024 has approved the issue and allotment of 1,06,95,187 equity shares of face value of Rs 5/- each, to eligible QIBs at the issue price of Rs 935.00/- per equity share including a premium of Rs 930.00/- per equity share, (which includes a discount of Rs 48.24 (i.e., 4.91%) of the floor price amounting to Rs 983.24/- per equity share, as determined in terms of SEBI ICDR Regulations), aggregating to Rs 1000 crore, pursuant to the QIP. Pursuant to the allotment of equity shares under the QIP, the paid-up equity share capital of the Company stands increased from Rs 60.28 crore consisting of 12,05,65,216 equity shares of face value of Rs 5/- each to Rs 65.63 crore consisting of 13,12,60,403 equity shares of face value of Rs 5/- each.Powered by Capital Market - Live

1 month agoCapital Market - Live
Spotlight
KPI Green concludes Rs 1,000 cr QIP of equity shares

The qualified institutional placement (QIP), which commenced on 12 August 2024, concluded on 16 August 2024, with a total of 1,06,95,187 equity shares being allotted. The shares were priced at Rs 935 per share, resulting in an issue size of approximately Rs 1,000 crore. The issue price of Rs 935 is at a discount of 4.91%, to the floor price of Rs 983.24 per equity share set for the QIP issue. Pursuant to the allotment of equity shares under the QIP, the paid-up equity share capital of the company increased from Rs 60.28 crore consisting of 12,05,65,216 equity shares of face value of Rs 5 each to Rs 65.63 crore consisting of 13,12,60,403 equity shares of face value of Rs 5 each. Morgan Stanley Asia (Singapore) emerged as the largest allottee, securing a substantial 40.89% allocation. Following, Bofa Securities Europe SA ' ODI received allocations of 6.89%. KPI Green Energy develops and maintains grid connected solar power projects and sells power units generated from the company's solar plants. The company's consolidated net profit surged 98.76% to Rs 66.11 crore in Q1 FY25 as compared to Rs 33.26 crore recorded in Q1 FY24. Revenue from operations climbed 83.78% year on year (YoY) to Rs 348.01 crore in Q1 FY25. The counter declined 0.45% to end at Rs 997.95 on Friday, 16 August 2024. Powered by Capital Market - Live

1 month agoCapital Market - Live