- Valuation
- ₹10,750 Cr

About KPI Green Energy
KPI Green Energy is a publicly listed company based in Surat (India) founded in 2008 by Faruk Gulam Patel. Solar and hybrid power projects are developed and operated. The company has 365 employees. KPI Green Energy has completed 1 acquisition, including KP Group. Its website kpigreenenergy.com draws about 19 thousand monthly visits. Its Indian entity Kpi Green Energy Limited reported revenue of ₹2,744 Cr. Its focus areas include Energy, Solar Energy, Independent Power Producer and Multi-Scale. Its competitors include Hinduja Renewables, Hindustan Powerprojects and NuPower Renewables; 2 of its 3 listed competitors have raised funding.
Company details
KPI Green Energy was established in 2008 in Surat, India, within the renewable energy sector. Solar and hybrid power plants are developed, built, owned, operated, and maintained as an Independent Power Producer. Services are delivered through multiple business verticals, with emphasis on solar energy provision. Operations remain focused on sustainable power generation in the Indian market.
Recognitions & Rankings of KPI Green Energy
- Headquarters Surat, India
- Employees 365
- Founders Faruk Gulam Patel
- Stage Public
- SectorsEnergy & Utilities
- Website category Finance · Investing
- Website kpigreenenergy.com
- Social LinkedIn YouTube
- Legal Name Kpi Green Energy Limited
- Market Cap₹6,731 Cr
KPIGREEN · NSE
- Share Price₹331.50
-2.64% today
- Revenue₹2,696 Cr
FY 2025-26 · +55.3% YoY
- EBITDA₹958 Cr
Margin 35.5%
- Net Profit₹474 Cr
FY 2025-26 · +47.5% YoY
- P/E (TTM)14.4x
P/B 2.3x
- Latest Funding Round$119.21M (USD), Post-IPO
Aug 2024
- InvestorsYes Bank
& 18 more
- Employee Count365
- Investments & Acquisitions
Associated legal entities of KPI Green Energy
KPI Green Energy operates through Kpi Green Energy Limited, a listed company (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2026) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Kpi Green Energy Limited Listed CIN L40102GJ2008PLC083302 | Active | 01 Feb 2008 | Surat, Gujarat | ₹2,744 Cr | 149 | 14 | View details |
Apps and channels of KPI Green Energy
its YouTube channel KP Group of Companies has 15.5K subscribers and 30 videos.
Videos from KPI Green Energy
The most watched videos on KPI Green Energy's YouTube channel, KP Group of Companies (15.5K subscribers). Click a video to play it here.
More on KP Group of Companies.
Funding Insights of KPI Green Energy
- Total Rounds 2
- Last Round Post-IPO — $119.21M
- First Round $36.04M
(Dec 2023)
- Investors Count 19
All 2 funding rounds of KPI Green Energy with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug 2024 | $119.21M | Post-IPO | – | – | |
| Dec 2023 | $36.04M | Post-IPO | – | – |
19 investors in total: 19 institutional.
Investors in KPI Green Energy
KPI Green Energy has secured backing from 19 investors, including venture fund and institutional investors. Prominent investors backing the company include Yes Bank, Citi and Société Générale.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investment banking services are delivered across multiple financial sectors. | 1869 | goldmansachs.com | New York, United States | |
Private equity firm focused on multiple sectors | Mumbai, India | |||
Single family office focused on private equity, venture capital, and public equity investments | 1998 | subhkam.com | Mumbai, India | |
Mutual fund services are provided to investors by Quant. | quantmutual.com | Mumbai, India | ||
Wealth management, investment advisory, and financial services are provided. | 1935 | morganstanley.com | New York, United States | |
Commercial banking and asset management services are offered worldwide. | 1904 | bankofamerica.com | Charlotte, United States | |
Diversified investment management services are provided by JM Financial. | jmfinancialmf.com | Mumbai, India | ||
Diversified financial services are offered through commercial banking operations. | 1812 | citigroup.com | New York, United States | |
General insurance services are provided in multiple categories. | 2009 | sbigeneral.in | Mumbai, India | |
Full-service corporate advisory is provided to global clients. | 1864 | societegenerale.com | Paris, France |
Investor details for KPI Green Energy
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Kpi Green Energy Limited (KPI Green Energy)
Kpi Green Energy Limited is the primary company behind KPI Green Energy. The board of Kpi Green Energy Limited currently have 12 directors; the longest-serving is Patel Faruk, appointed in 2008. 14 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Patel Faruk DIN 00414045 | Managing Director | 01 Feb 2008 | 18 yrs 9 mo | Kpi Green Energy Limited |
| Bhadrabala Dhimant Joshi DIN 07244587 | Director | 17 Jan 2018 | 8 yrs 9 mo | Kpi Green Energy Limited |
| Mohamed Hanif Mohamed Habib Dalchawal DIN 08042299 | Director | 17 Jan 2018 | 8 yrs 9 mo | Kpi Green Energy Limited |
| Mohmed Sohil Yusufbhai Dabhoya DIN 07112947 | Whole-time director | 28 Sep 2019 | 7 yrs 1 mo | Kpi Green Energy Limited |
| Venu Birappa DIN 09123017 | Director | 03 Aug 2021 | 5 yrs 3 mo | Kpi Green Energy Limited |
| Sharadchandra Babhutabhai Patil DIN 09345575 | Director | 06 Oct 2021 | 5 yrs 1 mo | Kpi Green Energy Limited |
| Shanker Baheria DIN 09787133 | Director | 30 Nov 2022 | 3 yrs 11 mo | Kpi Green Energy Limited |
| Tejpalsingh Jagatsingh Bisht DIN 02170301 | Director | 04 Dec 2023 | 2 yrs 11 mo | Kpi Green Energy Limited |
| Amit Subhashchandra Khandelwal DIN 09287996 | Director | 04 Dec 2023 | 2 yrs 11 mo | Kpi Green Energy Limited |
| Satya Gopal DIN 08144273 | Director | 11 Mar 2025 | 1 yr 8 mo | Kpi Green Energy Limited |
| Sunil Kumar Maheshwari DIN 02317160 | Additional Director | 03 Jul 2026 | 4 mo | Kpi Green Energy Limited |
| Rajesh Shrivastava DIN 08757239 | Whole-time director | 25 Jul 2026 | 3 mo | Kpi Green Energy Limited |
People of KPI Green Energy
1 people are tracked at KPI Green Energy (1 in leadership); the tracked headcount is 365.
| Name | Role | Group |
|---|---|---|
| Founder & Managing Director | Leadership |
Complete people profiles for KPI Green Energy
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
IPO & Listings of KPI Green Energy
KPI Green Energy is a publicly listed company on the NSE with ticker symbol KPIGREEN in India, operating in the Utilities sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date22 Jan 2019
- Listed onBSE: 542323 · NSE: KPIGREEN
- Listed entityKPI Green Energy Limited
- Exchange sectorUtilities
- ISININE542W01025
- Share price₹325.30 (-0.44% on the day) · 2026-10-14
- Market capitalisation₹6,462 Cr
- Price to earnings14.1
- EPS (diluted, trailing year)₹23.10
- Dividend yield0.28%
- Volume (last session)368,688
Financials of KPI Green Energy
Exchange-reported figures of Kpi Green Energy Limited, the listed company behind KPI Green Energy (NSE: KPIGREEN).
Financial Highlights
FY 2025-26 · ConsolidatedRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 2,696 | 1,735 | 1,024 | 644 | 230 | 104 | 59.28 |
| Revenue growth | +55.3% | +69.5% | +59.0% | +180.0% | +122.2% | +74.6% | - |
| EBITDA | 958 | 561 | 337 | 208 | 109 | 58.29 | 26.98 |
| EBITDA margin | +35.5% | +32.3% | +32.9% | +32.3% | +47.3% | +56.3% | +45.5% |
| Profit before tax | 691 | 441 | 217 | 142 | 59.36 | 30.05 | 11.93 |
| Net profit | 474 | 321 | 162 | 110 | 43.32 | 22.00 | 6.49 |
| Net profit margin | +17.6% | +18.5% | +15.8% | +17.1% | +18.8% | +21.3% | +11.0% |
| EPS (₹) | 24.04 | 16.23 | 26.82 | 30.34 | 23.94 | 12.13 | 3.56 |
| Balance sheet | |||||||
| Total assets | 8,474 | 4,111 | 1,873 | 934 | 601 | 361 | 238 |
| Net worth | 3,034 | 2,423 | 836 | 258 | 154 | 120 | 98.00 |
| Total debt | 5,197 | 1,475 | 1,036 | 676 | 446 | 240 | 139 |
| Cash & bank | 559 | 427 | 170 | 52.40 | 25.64 | 21.68 | 10.37 |
| Net working capital | 2,033 | 1,309 | 854 | 187 | 127 | 118 | 38.74 |
| Cash flow | |||||||
| Cash from operations | 482 | 241 | (57.49) | 159 | 102 | (26.70) | 39.87 |
| Cash from investing | (4,129) | (2,098) | (387) | (309) | (189) | (63.11) | (119) |
| Cash from financing | 3,643 | 1,807 | 562 | 177 | 90.98 | 101 | 87.30 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 694 | 796 | 663 | 634 | 603 | 569 | 458 | 360 |
| Revenue growth (YoY) | +15.1% | +39.8% | +44.6% | +76.4% | +73.3% | - | - | - |
| Other income | 15.98 | 14.40 | 15.86 | 6.85 | 11.18 | 8.39 | 7.74 | 1.73 |
| EBITDA | 246 | 291 | 236 | 226 | 206 | 161 | 137 | 133 |
| EBITDA margin | +35.4% | +36.6% | +35.5% | +35.6% | +34.1% | +28.3% | +29.8% | +36.9% |
| Depreciation | 50.95 | 38.72 | 33.02 | 31.61 | 29.50 | 16.45 | 15.07 | 14.63 |
| Interest | 79.75 | 52.61 | 48.50 | 43.02 | 38.20 | 14.27 | 14.52 | 23.15 |
| Profit before tax | 131 | 214 | 170 | 158 | 149 | 139 | 115 | 96.67 |
| Tax | 36.24 | 58.51 | 44.17 | 41.11 | 37.88 | 34.52 | 29.80 | 26.73 |
| Net profit | 94.63 | 155 | 126 | 117 | 111 | 104 | 85.16 | 69.94 |
| EPS (₹) | 4.32 | 7.34 | 5.94 | 5.50 | 5.25 | 4.99 | 6.38 | 5.50 |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 1,990 | 1,592 | 724 | 488 | 219 | 104 | 59.28 |
| Revenue growth | +25.0% | +120.0% | +48.5% | +122.6% | +111.6% | +74.6% | - |
| EBITDA | 778 | 445 | 247 | 153 | 106 | 63.80 | 27.05 |
| EBITDA margin | +39.1% | +27.9% | +34.1% | +31.4% | +48.5% | +61.6% | +45.6% |
| Profit before tax | 535 | 340 | 141 | 101 | 57.78 | 22.70 | 12.00 |
| Net profit | 393 | 254 | 104 | 78.75 | 44.70 | 14.62 | 6.55 |
| Net profit margin | +19.7% | +15.9% | +14.4% | +16.2% | +20.4% | +14.1% | +11.1% |
| EPS (₹) | 19.83 | 12.82 | 17.20 | 21.70 | 24.70 | 8.05 | 3.60 |
| Balance sheet | |||||||
| Total assets | 7,807 | 3,514 | 1,726 | 829 | 509 | 399 | 238 |
| Net worth | 2,524 | 1,997 | 748 | 228 | 155 | 113 | 98.06 |
| Total debt | 5,280 | 1,512 | 977 | 600 | 352 | 286 | 139 |
| Cash & bank | 465 | 302 | 126 | 43.15 | 18.69 | 21.31 | 10.28 |
| Net working capital | 1,637 | 865 | 790 | 136 | 75.21 | 92.88 | 37.74 |
| Cash flow | |||||||
| Cash from operations | 315 | 450 | (135) | 107 | 122 | 19.00 | 29.97 |
| Cash from investing | (3,996) | (1,983) | (373) | (288) | (153) | (130) | (109) |
| Cash from financing | 3,704 | 1,442 | 591 | 206 | 28.68 | 122 | 87.30 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 502 | 592 | 511 | 501 | 386 | 488 | 483 | 310 |
| Revenue growth (YoY) | +30.2% | +21.3% | +5.7% | +61.4% | +24.3% | - | - | - |
| Other income | 12.95 | 10.74 | 12.03 | 5.79 | 10.16 | 5.54 | 6.81 | 1.58 |
| Total expenses | 301 | 346 | 314 | 314 | 238 | 354 | 361 | 229 |
| EBITDA | 201 | 246 | 197 | 187 | 148 | 134 | 122 | 81.45 |
| EBITDA margin | +40.0% | +41.6% | +38.5% | +37.4% | +38.3% | +27.6% | +25.3% | +26.3% |
| Depreciation | 45.91 | 33.98 | 28.34 | 26.10 | 25.89 | 13.57 | 12.79 | 12.82 |
| Interest | 74.95 | 49.09 | 45.10 | 38.77 | 34.48 | 12.36 | 11.32 | 19.33 |
| Profit before tax | 93.16 | 174 | 135 | 128 | 97.46 | 114 | 105 | 50.88 |
| Tax | 26.58 | 47.19 | 36.88 | 32.85 | 25.30 | 28.18 | 27.82 | 14.04 |
Financial Statements
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 694 | 796 | 663 | 634 | 603 | 569 | 458 | 360 |
| Revenue growth (YoY) | +15.1% | +39.8% | +44.6% | +76.4% | +73.3% | - | - | - |
| Other income | 15.98 | 14.40 | 15.86 | 6.85 | 11.18 | 8.39 | 7.74 | 1.73 |
| EBITDA | 246 | 291 | 236 | 226 | 206 | 161 | 137 | 133 |
| EBITDA margin | +35.4% | +36.6% | +35.5% | +35.6% | +34.1% | +28.3% | +29.8% | +36.9% |
| Depreciation | 50.95 | 38.72 | 33.02 | 31.61 | 29.50 | 16.45 | 15.07 | 14.63 |
| Interest | 79.75 | 52.61 | 48.50 | 43.02 | 38.20 | 14.27 | 14.52 | 23.15 |
| Profit before tax | 131 | 214 | 170 | 158 | 149 | 139 | 115 | 96.67 |
| Tax | 36.24 | 58.51 | 44.17 | 41.11 | 37.88 | 34.52 | 29.80 | 26.73 |
| Net profit | 94.63 | 155 | 126 | 117 | 111 | 104 | 85.16 | 69.94 |
| EPS (₹) | 4.32 | 7.34 | 5.94 | 5.50 | 5.25 | 4.99 | 6.38 | 5.50 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 2,696 | 1,735 | 1,024 | 644 | 230 | 104 | 59.28 |
| Revenue growth | +55.3% | +69.5% | +59.0% | +180.0% | +122.2% | +74.6% | - |
| Other income | 48.28 | 19.70 | 6.92 | 3.25 | 1.58 | 0.44 | 0.27 |
| Total expenses | 1,738 | 1,174 | 687 | 436 | 121 | 45.21 | 32.30 |
| Employee cost | 0.00 | 51.89 | 14.39 | 8.07 | 4.26 | 1.77 | 1.62 |
| EBITDA | 958 | 561 | 337 | 208 | 109 | 58.29 | 26.98 |
| EBITDA margin | +35.5% | +32.3% | +32.9% | +32.3% | +47.3% | +56.3% | +45.5% |
| Depreciation | 133 | 60.51 | 40.37 | 22.62 | 14.06 | 12.52 | 7.48 |
| Interest | 182 | 79.45 | 86.06 | 46.76 | 36.93 | 16.16 | 7.84 |
| Profit before tax | 691 | 441 | 217 | 142 | 59.36 | 30.05 | 11.93 |
| Tax | 182 | 116 | 55.36 | 32.24 | 16.12 | 8.13 | 5.48 |
| Net profit | 474 | 321 | 162 | 110 | 43.32 | 22.00 | 6.49 |
| Net profit margin | +17.6% | +18.5% | +15.8% | +17.1% | +18.8% | +21.3% | +11.0% |
| EPS (₹) | 24.04 | 16.23 | 26.82 | 30.34 | 23.94 | 12.13 | 3.56 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 98.67 | 98.45 | 60.28 | 36.13 | 18.07 | 18.07 | 18.07 |
| Reserves & surplus | 2,817 | 2,325 | 775 | 222 | 136 | 102 | 79.93 |
| Shareholders' funds (net worth) | 3,034 | 2,423 | 836 | 258 | 154 | 120 | 98.00 |
| Minority interest | 239 | 206 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Secured loans | 4,416 | 1,109 | 707 | 465 | 304 | 223 | 133 |
| Unsecured loans | 781 | 366 | 329 | 211 | 143 | 17.16 | 5.81 |
| Total debt | 5,197 | 1,475 | 1,036 | 676 | 446 | 240 | 139 |
| Total liabilities | 8,474 | 4,111 | 1,873 | 934 | 601 | 361 | 238 |
| Assets | |||||||
| Gross block | 4,797 | 2,508 | 1,088 | 872 | 530 | 274 | 231 |
| Net block | 4,508 | 2,361 | 979 | 801 | 482 | 244 | 213 |
| Capital work in progress | 918 | 163 | 101 | 0.28 | 31.33 | 21.02 | 0.86 |
| Investments | 199 | 3.98 | 0.00 | 1.50 | 0.00 | 0.00 | 0.00 |
| Inventories | 1,449 | 466 | 334 | 165 | 107 | 40.27 | 34.73 |
| Sundry debtors | 740 | 578 | 427 | 147 | 36.78 | 49.87 | 28.38 |
| Cash & bank balances | 559 | 427 | 170 | 52.40 | 25.64 | 21.68 | 10.37 |
| Loans & advances | 397 | 369 | 403 | 80.44 | 92.95 | 30.38 | 8.92 |
| Total current assets | 3,146 | 1,841 | 1,334 | 445 | 262 | 142 | 82.40 |
| Total current liabilities | 1,113 | 532 | 480 | 258 | 135 | 23.95 | 43.66 |
| Net working capital | 2,033 | 1,309 | 854 | 187 | 127 | 118 | 38.74 |
| Total assets | 8,474 | 4,111 | 1,873 | 934 | 601 | 361 | 238 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 119 | 170 | 52.40 | 25.64 | 21.68 | 10.37 | 1.99 |
| Net cash from operating activities | 482 | 241 | (57.49) | 159 | 102 | (26.70) | 39.87 |
| Net cash from investing activities | (4,129) | (2,098) | (387) | (309) | (189) | (63.11) | (119) |
| Net cash from financing activities | 3,643 | 1,807 | 562 | 177 | 90.98 | 101 | 87.30 |
| Net change in cash | (3.87) | (50.56) | 118 | 26.76 | 3.96 | 11.31 | 8.39 |
| Closing cash | 559 | 427 | 170 | 52.40 | 25.64 | 21.68 | 10.37 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +55.3% | +69.5% | +59.0% | +180.0% | +122.2% | +74.6% | - |
| EBITDA growth | +70.7% | +66.8% | +61.8% | +91.3% | +86.6% | +116.1% | - |
| PBT growth | +56.7% | +103.2% | +53.0% | +139.0% | +97.5% | +151.9% | -7.0% |
| Net income growth | +47.5% | +98.8% | +47.0% | +154.0% | +96.9% | +239.0% | - |
| Revenue CAGR (3Y) | +61.2% | +96.2% | +114.7% | +121.5% | +88.2% | - | - |
| EBITDA CAGR (3Y) | +66.4% | +72.8% | +79.4% | +97.6% | +109.4% | - | - |
| Profitability & leverage | |||||||
| Net income margin | +18.9% | +18.7% | +15.8% | +17.0% | +18.8% | +21.2% | +10.9% |
| Return on capital employed | - | +18.0% | +21.6% | +24.6% | +20.0% | +15.4% | +10.5% |
| Return on net worth | - | +20.0% | +29.6% | +53.3% | +31.6% | +20.1% | +6.5% |
| Debt / equity | - | 0.77 | 1.57 | 2.73 | 2.51 | 1.74 | 0.91 |
| Long-term debt / equity | - | 0.56 | 1.08 | 2.34 | 2.22 | 1.45 | 0.71 |
| Interest cover | 22.10 | 15.87 | 29.06 | 25.22 | 38.99 | 35.31 | 40.21 |
| Efficiency & per share | |||||||
| Fixed asset turnover | - | 0.97 | 1.05 | 0.92 | 0.57 | 0.41 | 0.36 |
| Inventory turnover | - | 4.34 | 4.11 | 4.74 | 3.13 | 2.76 | 2.37 |
| Debtors turnover | - | 3.45 | 3.57 | 7.02 | 5.31 | 2.65 | 2.83 |
| EPS (₹) | 24.04 | 16.23 | 26.82 | 30.34 | 23.94 | 12.13 | 3.56 |
| Dividend per share (₹) | 1.05 | 0.80 | 0.70 | 2.85 | 1.00 | 0.00 | 0.00 |
| Book value per share (₹) | 0.00 | 123.08 | 138.63 | 71.38 | 85.09 | 66.37 | 54.24 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 502 | 592 | 511 | 501 | 386 | 488 | 483 | 310 |
| Revenue growth (YoY) | +30.2% | +21.3% | +5.7% | +61.4% | +24.3% | - | - | - |
| Other income | 12.95 | 10.74 | 12.03 | 5.79 | 10.16 | 5.54 | 6.81 | 1.58 |
| Total expenses | 301 | 346 | 314 | 314 | 238 | 354 | 361 | 229 |
| EBITDA | 201 | 246 | 197 | 187 | 148 | 134 | 122 | 81.45 |
| EBITDA margin | +40.0% | +41.6% | +38.5% | +37.4% | +38.3% | +27.6% | +25.3% | +26.3% |
| Depreciation | 45.91 | 33.98 | 28.34 | 26.10 | 25.89 | 13.57 | 12.79 | 12.82 |
| Interest | 74.95 | 49.09 | 45.10 | 38.77 | 34.48 | 12.36 | 11.32 | 19.33 |
| Profit before tax | 93.16 | 174 | 135 | 128 | 97.46 | 114 | 105 | 50.88 |
| Tax | 26.58 | 47.19 | 36.88 | 32.85 | 25.30 | 28.18 | 27.82 | 14.04 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 1,990 | 1,592 | 724 | 488 | 219 | 104 | 59.28 |
| Revenue growth | +25.0% | +120.0% | +48.5% | +122.6% | +111.6% | +74.6% | - |
| Other income | 38.71 | 15.48 | 5.79 | 3.23 | 1.48 | 0.43 | 0.27 |
| Total expenses | 1,212 | 1,147 | 477 | 334 | 113 | 39.70 | 32.23 |
| Employee cost | 0.00 | 47.32 | 13.19 | 7.91 | 4.16 | 1.69 | 1.62 |
| EBITDA | 778 | 445 | 247 | 153 | 106 | 63.80 | 27.05 |
| EBITDA margin | +39.1% | +27.9% | +34.1% | +31.4% | +48.5% | +61.6% | +45.6% |
| Depreciation | 114 | 51.85 | 35.47 | 19.10 | 13.85 | 16.47 | 7.48 |
| Interest | 167 | 67.82 | 76.39 | 36.81 | 36.01 | 25.06 | 7.84 |
| Profit before tax | 535 | 340 | 141 | 101 | 57.78 | 22.70 | 12.00 |
| Tax | 142 | 88.06 | 36.87 | 22.18 | 13.17 | 8.15 | 5.50 |
| Net profit | 393 | 254 | 104 | 78.75 | 44.70 | 14.62 | 6.55 |
| Net profit margin | +19.7% | +15.9% | +14.4% | +16.2% | +20.4% | +14.1% | +11.1% |
| EPS (₹) | 19.83 | 12.82 | 17.20 | 21.70 | 24.70 | 8.05 | 3.60 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 98.67 | 98.45 | 60.28 | 36.13 | 18.07 | 18.07 | 18.07 |
| Reserves & surplus | 2,307 | 1,898 | 688 | 192 | 137 | 94.48 | 79.99 |
| Shareholders' funds (net worth) | 2,524 | 1,997 | 748 | 228 | 155 | 113 | 98.06 |
| Secured loans | 4,346 | 1,030 | 650 | 400 | 218 | 186 | 133 |
| Unsecured loans | 934 | 482 | 326 | 200 | 134 | 99.41 | 5.81 |
| Total debt | 5,280 | 1,512 | 977 | 600 | 352 | 286 | 139 |
| Total liabilities | 7,807 | 3,514 | 1,726 | 829 | 509 | 399 | 238 |
| Assets | |||||||
| Gross block | 4,269 | 2,027 | 803 | 740 | 451 | 331 | 222 |
| Net block | 4,017 | 1,898 | 704 | 673 | 403 | 297 | 203 |
| Capital work in progress | 916 | 163 | 78.07 | 0.25 | 0.35 | 2.74 | 0.83 |
| Investments | 500 | 343 | 214 | 67.11 | 65.80 | 22.00 | 0.02 |
| Inventories | 1,143 | 294 | 292 | 132 | 82.17 | 40.27 | 34.73 |
| Sundry debtors | 633 | 442 | 303 | 53.33 | 34.30 | 49.87 | 28.38 |
| Cash & bank balances | 465 | 302 | 126 | 43.15 | 18.69 | 21.31 | 10.28 |
| Loans & advances | 310 | 299 | 382 | 61.66 | 75.34 | 7.31 | 8.01 |
| Total current assets | 2,550 | 1,337 | 1,102 | 290 | 210 | 119 | 81.40 |
| Total current liabilities | 912 | 472 | 312 | 154 | 135 | 25.88 | 43.66 |
| Net working capital | 1,637 | 865 | 790 | 136 | 75.21 | 92.88 | 37.74 |
| Total assets | 7,807 | 3,514 | 1,726 | 829 | 509 | 399 | 238 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 34.10 | 126 | 43.15 | 18.69 | 21.31 | 10.28 | 1.99 |
| Net cash from operating activities | 315 | 450 | (135) | 107 | 122 | 19.00 | 29.97 |
| Net cash from investing activities | (3,996) | (1,983) | (373) | (288) | (153) | (130) | (109) |
| Net cash from financing activities | 3,704 | 1,442 | 591 | 206 | 28.68 | 122 | 87.30 |
| Net change in cash | 23.09 | (91.53) | 82.47 | 24.47 | (2.63) | 11.03 | 8.30 |
| Closing cash | 465 | 302 | 126 | 43.15 | 18.69 | 21.31 | 10.28 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +25.0% | +120.0% | +48.5% | +122.6% | +111.6% | +74.6% | - |
| EBITDA growth | +75.0% | +80.3% | +60.9% | +44.4% | +66.4% | +135.9% | - |
| PBT growth | +57.1% | +142.1% | +39.8% | +74.1% | +154.5% | +89.2% | -6.5% |
| Net income growth | +54.8% | +144.0% | +32.0% | +76.2% | +205.8% | +123.2% | - |
| Revenue CAGR (3Y) | +59.8% | +93.7% | +91.2% | +101.9% | +85.2% | +48.6% | +32.0% |
| EBITDA CAGR (3Y) | +71.9% | +61.2% | +57.0% | +78.3% | +107.8% | +50.9% | +15.7% |
| Profitability & leverage | |||||||
| Net income margin | +19.7% | +15.9% | +14.3% | +16.1% | +20.4% | +14.1% | +11.0% |
| Return on capital employed | - | +15.6% | +17.0% | +20.5% | +20.7% | +15.0% | +10.5% |
| Return on net worth | - | +18.4% | +21.2% | +40.9% | +33.3% | +13.8% | +6.6% |
| Debt / equity | - | 0.91 | 1.61 | 2.48 | 2.38 | 2.02 | 0.91 |
| Long-term debt / equity | - | 0.60 | 1.07 | 2.14 | 2.17 | 1.72 | -3,719.38 |
| Interest cover | 25.23 | 17.27 | 36.17 | 27.44 | 39.01 | 52.95 | 40.06 |
| Efficiency & per share | |||||||
| Fixed asset turnover | - | 1.12 | 0.94 | 0.82 | 0.56 | 0.37 | 0.37 |
| Inventory turnover | - | 5.43 | 3.41 | 4.55 | 3.58 | 2.76 | 2.37 |
| Debtors turnover | - | 4.28 | 4.07 | 11.13 | 5.20 | 2.65 | 2.83 |
| EPS (₹) | 19.83 | 12.82 | 17.20 | 21.70 | 24.70 | 8.05 | 3.60 |
| Dividend per share (₹) | 1.05 | 0.80 | 0.70 | 2.85 | 1.00 | 0.00 | 0.00 |
| Book value per share (₹) | 0.00 | 101.42 | 124.12 | 63.18 | 85.99 | 62.30 | 54.27 |
Investments & Acquisitions by KPI Green Energy
KPI Green Energy has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include KP Group.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Multiple industries are operated across by the diversified conglomerate. | kpgroup.co | Surat, India | 1994 | Oct 2023 | $15.15M |
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Timeline of KPI Green Energy
5 dated milestones of KPI Green Energy across 16 years, from founding to its latest funding, stage changes and deals.
- Founded KPI Green Energy is founded.
- IPO Lists on the stock exchange (IPO).
- Acquisition Acquires KP Group.
- Funding First funding round of $36.0M.
- Funding Latest funding round, Post-IPO, of $119.2M.
Competitors of KPI Green Energy
KPI Green Energy has 3 listed competitors in our database, 2 of them funded. They include Hinduja Renewables, Hindustan Powerprojects and NuPower Renewables.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| hindujarenewables.com | 2012 | Mumbai, India | 80 | Develops and operates solar energy projects using RESCO, Open Access, and Group Captive models in India. | ||
| hindustanpowerprojects.com | 2008 | Delhi, India | $432.94M | 4 | Conventional and renewable energy is generated across India and abroad. | |
| nupowerrenewables.in | 2008 | Mumbai, India | $82.71M | 23 | Provider of independent power generation services |
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Web traffic of KPI Green Energy
The website of KPI Green Energy (kpigreenenergy.com) receives about 19.1K visits a month and ranks #1,351,308 among all websites worldwide, #11,285 in Investing.
- Monthly visits19.1K
▼ 17.5% vs previous month
- Unique visitors8.7K
per month
- Global rank#1,351,308
among all websites
- Category rank#11,285
Finance · Investing
- Bounce rate44%
- Pages per visit1.8
- Average visit1 min 31 sec
- DevicesDesktop 21% · Mobile 79%
Websites whose visitors overlap most with KPI Green Energy. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| financesaathi.com | 100% | #14,286,759 | View details | ||
| equitybulls.com | 89% | #900,989 | View details | ||
| kpenergy.in | 86% | 31.9K | #654,584 | View details | |
| capitalmarket.com | 86% | 81.2K | #358,709 | View details | |
drvijaymalik.com | drvijaymalik.com | 85% | #610,546 | – | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for KPI Green Energy
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Top companies in Renewable & Sustainable Energy
3 companies that operate in the same segment as KPI Green Energy (Renewable & Sustainable Energy) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Hybrid renewable energy solutions are provided for rural communities. | 2008 | Patna, Bihar, India | USD 73.99 M | USD 3.46 M | 294 | |
Solar energy projects are developed for commercial and industrial clients. | 2011 | Mumbai, Maharashtra, India | USD 442.67 M | USD 166.51 M | 365 | |
Manufacturer of solar PV modules | 1990 | Mumbai, Maharashtra, India | USD 111.38 M | USD 2.77 B | 8,690 |
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Related news about Kpi Green Energy
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Articles about KPI Green Energy on our blog
Frequently Asked Questions about KPI Green Energy
KPI Green Energy was founded in 2008 and raised its 1st funding round 15 years after it was founded.
KPI Green Energy is headquartered in Surat, India. It is registered at Surat, Gujarat, India.
KPI Green Energy has 365 employees.
The primary company behind KPI Green Energy, Kpi Green Energy Limited, reported revenue of ₹2,744 Cr for FY 2026, up 55% year on year.
KPI Green Energy was established in 2008 in Surat, India, within the renewable energy sector. Solar and hybrid power plants are developed, built, owned, operated, and maintained as an Independent Power Producer. Services are delivered through multiple business verticals, with emphasis on solar energy provision. Operations remain focused on sustainable power generation in the Indian market.
KPI Green Energy's top competitors include Hindustan Powerprojects, NuPower Renewables and Hinduja Renewables.
Yes, KPI Green Energy is publicly traded on NSE under the ticker symbol KPIGREEN.
KPI Green Energy has made 1 acquisition, including KP Group.
KPI Green Energy has 19 investors. Key investors include Yes Bank, Citi, Société Générale, Goldman Sachs, and Navi.
KPI Green Energy operates through Kpi Green Energy Limited.
The legal entities of KPI Green Energy currently have 14 directors, including Venu Birappa, Sharadchandra Babhutabhai Patil, Bhadrabala Dhimant Joshi and others.
