KPI Green Energy Ltd.
•₹ 312.61.81%
2026-08-21
PROS
- Company has delivered good profit growth of 107.9% CAGR over last 5 years
- Company has a good return on equity (ROE) track record: 3 Years ROE 26.9%
- Company has a healthy return on capital (ROCE) of 20.8%
- Company has delivered good sales growth of 93.1% CAGR over last 5 years
- Strong cash generation - operating cash flow backs reported profits (CFO/PAT 0.97x)
CONS
- Promoter holding has decreased over last 2 years: -3.7pp
- Free cash flow has been persistently negative
- Total debt has risen sharply - up 54.3% year on year
- Operating margins have contracted to 28.0% from 49.2%
- Recurring exceptional / one-off items are inflating headline profit
* The pros and cons are machine generated based on quantitative rules.
Peer comparison
EDIT COLUMNS| S.No. | Name | CMP Rs. | P/E | Mar Cap Rs.Cr. | Div Yld % | NP Qtr Rs.Cr. | Qtr Profit Var % | Sales Qtr Rs.Cr. | Qtr Sales Var % | ROCE % | OPM % |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1. | LT | 4030.10 | 33.42 | 554487.79 | 0.94 | 4988.03 | 15.51 | 67941.74 | 6.69 | 15.98 | 12.00 |
| 2. | RVNL | 223.10 | 51.71 | 46516.80 | 0.32 | 1595.20 | 1087.26 | 43212.30 | 1005.52 | 10.81 | 4.41 |
| 3. | KPIL | 1377.05 | 20.69 | 23516.23 | 0.80 | 311.53 | 45.85 | 6407.97 | 3.84 | 18.95 | 8.77 |
| 4. | IRB | 18.97 | 24.01 | 22911.97 | 0.69 | 3062.70 | 1412.58 | 21372.72 | 918.25 | 24.76 | 53.93 |
| 5. | CEMPRO | 1263.50 | 36.08 | 21705.36 | 0.24 | 140.83 | 2.64 | 2720.92 | 7.02 | 33.53 | 10.09 |
| 6. | ENGINERSIN | 236.95 | 16.98 | 13317.59 | 2.11 | 157.94 | 141.49 | 819.84 | -5.80 | 25.84 | 20.61 |
| 7. | TECHNOE | 997.70 | 26.92 | 11603.21 | 0.70 | 93.33 | -31.44 | 630.34 | 19.84 | 16.54 | 15.79 |
| 8. | IRCON | 122.60 | 22.02 | 11530.72 | 1.55 | 92.03 | -43.92 | 1955.83 | 9.49 | 12.69 | 9.81 |
| 9. | KEC | 423.05 | 20.34 | 11261.59 | 1.30 | 72.62 | -41.72 | 5023.54 | 0.01 | 16.35 | 5.79 |
| 10. | AFCONS | 277.95 | 70.65 | 10222.57 | 0.72 | 30.30 | -77.95 | 2671.00 | -20.75 | 12.88 | 9.42 |
| 11. | WAAREERTL | 880.80 | 18.09 | 9193.72 | 0.00 | 118.98 | 37.72 | 924.25 | 53.23 | 81.92 | 18.77 |
| 12. | KPIGREEN | 308.00 | 13.30 | 6088.30 | 0.34 | 94.63 | -14.99 | 693.84 | 15.08 | 19.95 | 35.40 |
Detailed Comparison with:
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 110 | 171 | 275 | 168 | 310 | 310 | 483 | 488 | 386 | 501 | 511 | 592 | 5,022 | |
| 68 | 117 | 189 | 103 | 203 | 228 | 361 | 354 | 238 | 314 | 314 | 346 | 4,220 | |
| Operating Profit | — | — | — | — | — | — | — | — | — | — | — | — | — |
| OPM % | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other Income | 1 | 1 | 1 | 3 | 2 | 2 | 7 | 6 | 10 | 6 | 12 | 11 | 130 |
| Interest | 17 | 16 | 21 | 22 | 25 | 19 | 11 | 12 | 34 | 39 | 45 | 49 | 749 |
| Depreciation | 8 | 9 | 9 | 10 | 13 | 13 | 13 | 14 | 26 | 26 | 28 | 34 | 459 |
| 17 | 30 | 58 | 35 | 71 | 51 | 105 | 114 | 97 | 128 | 135 | 174 | 932 | |
| Tax % | 23.39% | 21.38% | 29.22% | 26.92% | 25.55% | 27.59% | 26.52% | 24.70% | 25.96% | 25.66% | 27.24% | 27.11% | 28.53% |
| Net Profit | 13 | 24 | 41 | 26 | 53 | 37 | 77 | 86 | 72 | 95 | 99 | 127 | 666 |
| 2 | 2 | 4 | 1 | 3 | 2 | 4 | 4 | 4 | 5 | 5 | 6 | 3 | |
| Equity Capital | 36 | 36 | 40 | 60 | 60 | 66 | 66 | 98 | 99 | 99 | 99 | 99 | 988 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Equity Capital | 36 | 36 | 40 | 60 | 60 | 66 | 66 | 98 | 99 | 99 | 99 | 99 | 988 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Jun 2023
- 110
- 68
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 17
- Depreciation
- 8
- 17
- Tax %
- 23.39%
- Net Profit
- 13
- 2
- Equity Capital
- 36
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 36
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2023
- 171
- 117
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 16
- Depreciation
- 9
- 30
- Tax %
- 21.38%
- Net Profit
- 24
- 2
- Equity Capital
- 36
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 36
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2023
- 275
- 189
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 21
- Depreciation
- 9
- 58
- Tax %
- 29.22%
- Net Profit
- 41
- 4
- Equity Capital
- 40
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 40
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2024
- 168
- 103
- Operating Profit
- —
- OPM %
- —
- Other Income
- 3
- Interest
- 22
- Depreciation
- 10
- 35
- Tax %
- 26.92%
- Net Profit
- 26
- 1
- Equity Capital
- 60
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 60
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2024
- 310
- 203
- Operating Profit
- —
- OPM %
- —
- Other Income
- 2
- Interest
- 25
- Depreciation
- 13
- 71
- Tax %
- 25.55%
- Net Profit
- 53
- 3
- Equity Capital
- 60
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 60
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2024
- 310
- 228
- Operating Profit
- —
- OPM %
- —
- Other Income
- 2
- Interest
- 19
- Depreciation
- 13
- 51
- Tax %
- 27.59%
- Net Profit
- 37
- 2
- Equity Capital
- 66
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 66
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2024
- 483
- 361
- Operating Profit
- —
- OPM %
- —
- Other Income
- 7
- Interest
- 11
- Depreciation
- 13
- 105
- Tax %
- 26.52%
- Net Profit
- 77
- 4
- Equity Capital
- 66
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 66
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2025
- 488
- 354
- Operating Profit
- —
- OPM %
- —
- Other Income
- 6
- Interest
- 12
- Depreciation
- 14
- 114
- Tax %
- 24.70%
- Net Profit
- 86
- 4
- Equity Capital
- 98
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 98
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2025
- 386
- 238
- Operating Profit
- —
- OPM %
- —
- Other Income
- 10
- Interest
- 34
- Depreciation
- 26
- 97
- Tax %
- 25.96%
- Net Profit
- 72
- 4
- Equity Capital
- 99
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 99
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2025
- 501
- 314
- Operating Profit
- —
- OPM %
- —
- Other Income
- 6
- Interest
- 39
- Depreciation
- 26
- 128
- Tax %
- 25.66%
- Net Profit
- 95
- 5
- Equity Capital
- 99
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 99
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2025
- 511
- 314
- Operating Profit
- —
- OPM %
- —
- Other Income
- 12
- Interest
- 45
- Depreciation
- 28
- 135
- Tax %
- 27.24%
- Net Profit
- 99
- 5
- Equity Capital
- 99
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 99
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2026
- 592
- 346
- Operating Profit
- —
- OPM %
- —
- Other Income
- 11
- Interest
- 49
- Depreciation
- 34
- 174
- Tax %
- 27.11%
- Net Profit
- 127
- 6
- Equity Capital
- 99
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 99
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2026
- 5,022
- 4,220
- Operating Profit
- —
- OPM %
- —
- Other Income
- 130
- Interest
- 749
- Depreciation
- 459
- 932
- Tax %
- 28.53%
- Net Profit
- 666
- 3
- Equity Capital
- 988
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 988
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 27 | 26 | 32 | 35 | 59 | 104 | 219 | 488 | 724 | 1,592 | 2,106 | |
| 13 | 8 | 13 | 19 | 32 | 40 | 113 | 334 | 477 | 1,146 | 1,395 | |
| Operating Profit | 15 | 18 | 19 | 15 | 27 | 64 | 108 | 157 | 253 | 462 | — |
| OPM % | 54 | 69 | 59 | 45 | 46 | 62 | 49 | 32 | 35 | 29 | — |
| Other Income | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 3 | 6 | 15 | 42 |
| Interest | 1 | 2 | 3 | 4 | 8 | 25 | 36 | 37 | 76 | 68 | 208 |
| Depreciation | 3 | 6 | 8 | 4 | 7 | 16 | 14 | 19 | 35 | 52 | 134 |
| 11 | 10 | 8 | 13 | 12 | 23 | 58 | 101 | 141 | 340 | 531 | |
| Tax % | 33 | 45 | 2 | 31 | 46 | 36 | 23 | 22 | 26 | 26 | 27 |
| Net Profit | 7 | 6 | 7 | 9 | 6 | 15 | 45 | 78 | 104 | 252 | 387 |
| EPS | 8 | 5 | 6 | 6 | 4 | 8 | 12 | 14 | 17 | 13 | — |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 | 0 | 4 | 13 | 4 | 6 | — |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | 1 | 1 | 1 | 1 | 0 | 1 | 3 | 5 | 6 | 13 | — |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | 1 | 1 | 1 | 1 | 0 | 1 | 3 | 5 | 6 | 13 | — |
Mar 2016
- 27
- 13
- Operating Profit
- 15
- OPM %
- 54
- Other Income
- 0
- Interest
- 1
- Depreciation
- 3
- 11
- Tax %
- 33
- Net Profit
- 7
- EPS
- 8
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1
Mar 2017
- 26
- 8
- Operating Profit
- 18
- OPM %
- 69
- Other Income
- 0
- Interest
- 2
- Depreciation
- 6
- 10
- Tax %
- 45
- Net Profit
- 6
- EPS
- 5
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1
Mar 2018
- 32
- 13
- Operating Profit
- 19
- OPM %
- 59
- Other Income
- 0
- Interest
- 3
- Depreciation
- 8
- 8
- Tax %
- 2
- Net Profit
- 7
- EPS
- 6
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1
Mar 2019
- 35
- 19
- Operating Profit
- 15
- OPM %
- 45
- Other Income
- 0
- Interest
- 4
- Depreciation
- 4
- 13
- Tax %
- 31
- Net Profit
- 9
- EPS
- 6
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1
Mar 2020
- 59
- 32
- Operating Profit
- 27
- OPM %
- 46
- Other Income
- 0
- Interest
- 8
- Depreciation
- 7
- 12
- Tax %
- 46
- Net Profit
- 6
- EPS
- 4
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 0
Mar 2021
- 104
- 40
- Operating Profit
- 64
- OPM %
- 62
- Other Income
- 0
- Interest
- 25
- Depreciation
- 16
- 23
- Tax %
- 36
- Net Profit
- 15
- EPS
- 8
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1
Mar 2022
- 219
- 113
- Operating Profit
- 108
- OPM %
- 49
- Other Income
- 1
- Interest
- 36
- Depreciation
- 14
- 58
- Tax %
- 23
- Net Profit
- 45
- EPS
- 12
- Dividend Payout %
- 4
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 3
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 3
Mar 2023
- 488
- 334
- Operating Profit
- 157
- OPM %
- 32
- Other Income
- 3
- Interest
- 37
- Depreciation
- 19
- 101
- Tax %
- 22
- Net Profit
- 78
- EPS
- 14
- Dividend Payout %
- 13
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 5
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 5
Mar 2024
- 724
- 477
- Operating Profit
- 253
- OPM %
- 35
- Other Income
- 6
- Interest
- 76
- Depreciation
- 35
- 141
- Tax %
- 26
- Net Profit
- 104
- EPS
- 17
- Dividend Payout %
- 4
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 6
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 6
Mar 2025
- 1,592
- 1,146
- Operating Profit
- 462
- OPM %
- 29
- Other Income
- 15
- Interest
- 68
- Depreciation
- 52
- 340
- Tax %
- 26
- Net Profit
- 252
- EPS
- 13
- Dividend Payout %
- 6
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 13
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 13
TTM
- 2,106
- 1,395
- Operating Profit
- —
- OPM %
- —
- Other Income
- 42
- Interest
- 208
- Depreciation
- 134
- 531
- Tax %
- 27
- Net Profit
- 387
- EPS
- —
- Dividend Payout %
- —
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- —
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- —
COMPOUNDED SALES GROWTH
- 10 Years:
- 74%
- 5 Years:
- 93%
- 3 Years:
- 94%
COMPOUNDED PROFIT GROWTH
- 10 Years:
- 99%
- 5 Years:
- 108%
- 3 Years:
- 78%
STOCK PRICE CAGR
- 10 Years:
- —
- 5 Years:
- 85%
- 3 Years:
- 17%
- 1 Year:
- -41%
RETURN ON EQUITY
- 10 Years:
- 28%
- 5 Years:
- 26%
- 3 Years:
- 27%
- Last Year:
- 19%
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| LIABILITIES | - | - | - | - | - | - | - | - | - | - |
| Equity Capital | 4 | 6 | 13 | 18 | 18 | 18 | 18 | 36 | 60 | 98 |
| 9 | 23 | 36 | 81 | 80 | 94 | 137 | 192 | 688 | 1,876 | |
| 0 | 0 | 2 | 2 | 15 | 12 | 0 | 56 | 348 | 247 | |
| Trade Payables | 7 | 3 | 3 | 7 | 42 | 21 | 42 | 130 | 273 | 395 |
| 32 | 46 | 52 | 54 | 144 | 304 | 484 | 621 | 737 | 1,495 | |
| Total Liabilities | 52 | 77 | 107 | 161 | 298 | 450 | 682 | 1,035 | 2,106 | 4,112 |
| ASSETS | - | - | - | - | - | - | - | - | - | - |
| 30 | 54 | 49 | 84 | 203 | 297 | 403 | 673 | 704 | 1,898 | |
| Capital Work in Progress | 1 | 8 | 34 | 18 | 1 | 3 | 0 | 0 | 78 | 163 |
| 0 | 0 | 0 | 0 | 0 | 22 | 66 | 67 | 214 | 343 | |
| 13 | 3 | 2 | 15 | 35 | 40 | 82 | 132 | 292 | 294 | |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 303 | 442 | |
| Cash & Bank | 3 | 1 | 1 | 2 | 10 | 21 | 19 | 43 | 126 | 472 |
| 5 | 12 | 22 | 41 | 49 | 67 | 112 | 120 | 389 | 500 | |
| Total Assets | 52 | 77 | 107 | 161 | 298 | 450 | 682 | 1,035 | 2,106 | 4,112 |
| Total Debt | 14 | 31 | 44 | 40 | 139 | 207 | 245 | 448 | 784 | 1,210 |
| Net Working Capital | -3 | 2 | 10 | 38 | 6 | 64 | 49 | 33 | 384 | 965 |
| Contingent Liabilities | 1 | 3 | 4 | 4 | 1 | 1 | 1 | 1 | 1 | 1 |
| Book Value per Share | 36.81 | 51.71 | 38.08 | 54.82 | 54.27 | 62.30 | 85.99 | 63.18 | 124.12 | 100.30 |
| Face Value | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 5.00 |
| Total Debt | 14 | 31 | 44 | 40 | 139 | 207 | 245 | 448 | 784 | 1,210 |
| Net Working Capital | -3 | 2 | 10 | 38 | 6 | 64 | 49 | 33 | 384 | 965 |
| Contingent Liabilities | 1 | 3 | 4 | 4 | 1 | 1 | 1 | 1 | 1 | 1 |
| Book Value per Share | 36.81 | 51.71 | 38.08 | 54.82 | 54.27 | 62.30 | 85.99 | 63.18 | 124.12 | 100.30 |
| Face Value | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 5.00 |
Mar 2016
- Equity Capital
- 4
- 9
- 0
- Trade Payables
- 7
- 32
- Total Liabilities
- 52
- 30
- Capital Work in Progress
- 1
- 0
- 13
- 0
- Cash & Bank
- 3
- 5
- Total Assets
- 52
- Total Debt
- 14
- Net Working Capital
- -3
- Contingent Liabilities
- 1
- Book Value per Share
- 36.81
- Face Value
- 10.00
- Total Debt
- 14
- Net Working Capital
- -3
- Contingent Liabilities
- 1
- Book Value per Share
- 36.81
- Face Value
- 10.00
Mar 2017
- Equity Capital
- 6
- 23
- 0
- Trade Payables
- 3
- 46
- Total Liabilities
- 77
- 54
- Capital Work in Progress
- 8
- 0
- 3
- 0
- Cash & Bank
- 1
- 12
- Total Assets
- 77
- Total Debt
- 31
- Net Working Capital
- 2
- Contingent Liabilities
- 3
- Book Value per Share
- 51.71
- Face Value
- 10.00
- Total Debt
- 31
- Net Working Capital
- 2
- Contingent Liabilities
- 3
- Book Value per Share
- 51.71
- Face Value
- 10.00
Mar 2018
- Equity Capital
- 13
- 36
- 2
- Trade Payables
- 3
- 52
- Total Liabilities
- 107
- 49
- Capital Work in Progress
- 34
- 0
- 2
- 0
- Cash & Bank
- 1
- 22
- Total Assets
- 107
- Total Debt
- 44
- Net Working Capital
- 10
- Contingent Liabilities
- 4
- Book Value per Share
- 38.08
- Face Value
- 10.00
- Total Debt
- 44
- Net Working Capital
- 10
- Contingent Liabilities
- 4
- Book Value per Share
- 38.08
- Face Value
- 10.00
Mar 2019
- Equity Capital
- 18
- 81
- 2
- Trade Payables
- 7
- 54
- Total Liabilities
- 161
- 84
- Capital Work in Progress
- 18
- 0
- 15
- 0
- Cash & Bank
- 2
- 41
- Total Assets
- 161
- Total Debt
- 40
- Net Working Capital
- 38
- Contingent Liabilities
- 4
- Book Value per Share
- 54.82
- Face Value
- 10.00
- Total Debt
- 40
- Net Working Capital
- 38
- Contingent Liabilities
- 4
- Book Value per Share
- 54.82
- Face Value
- 10.00
Mar 2020
- Equity Capital
- 18
- 80
- 15
- Trade Payables
- 42
- 144
- Total Liabilities
- 298
- 203
- Capital Work in Progress
- 1
- 0
- 35
- 0
- Cash & Bank
- 10
- 49
- Total Assets
- 298
- Total Debt
- 139
- Net Working Capital
- 6
- Contingent Liabilities
- 1
- Book Value per Share
- 54.27
- Face Value
- 10.00
- Total Debt
- 139
- Net Working Capital
- 6
- Contingent Liabilities
- 1
- Book Value per Share
- 54.27
- Face Value
- 10.00
Mar 2021
- Equity Capital
- 18
- 94
- 12
- Trade Payables
- 21
- 304
- Total Liabilities
- 450
- 297
- Capital Work in Progress
- 3
- 22
- 40
- 0
- Cash & Bank
- 21
- 67
- Total Assets
- 450
- Total Debt
- 207
- Net Working Capital
- 64
- Contingent Liabilities
- 1
- Book Value per Share
- 62.30
- Face Value
- 10.00
- Total Debt
- 207
- Net Working Capital
- 64
- Contingent Liabilities
- 1
- Book Value per Share
- 62.30
- Face Value
- 10.00
Mar 2022
- Equity Capital
- 18
- 137
- 0
- Trade Payables
- 42
- 484
- Total Liabilities
- 682
- 403
- Capital Work in Progress
- 0
- 66
- 82
- 0
- Cash & Bank
- 19
- 112
- Total Assets
- 682
- Total Debt
- 245
- Net Working Capital
- 49
- Contingent Liabilities
- 1
- Book Value per Share
- 85.99
- Face Value
- 10.00
- Total Debt
- 245
- Net Working Capital
- 49
- Contingent Liabilities
- 1
- Book Value per Share
- 85.99
- Face Value
- 10.00
Mar 2023
- Equity Capital
- 36
- 192
- 56
- Trade Payables
- 130
- 621
- Total Liabilities
- 1,035
- 673
- Capital Work in Progress
- 0
- 67
- 132
- 0
- Cash & Bank
- 43
- 120
- Total Assets
- 1,035
- Total Debt
- 448
- Net Working Capital
- 33
- Contingent Liabilities
- 1
- Book Value per Share
- 63.18
- Face Value
- 10.00
- Total Debt
- 448
- Net Working Capital
- 33
- Contingent Liabilities
- 1
- Book Value per Share
- 63.18
- Face Value
- 10.00
Mar 2024
- Equity Capital
- 60
- 688
- 348
- Trade Payables
- 273
- 737
- Total Liabilities
- 2,106
- 704
- Capital Work in Progress
- 78
- 214
- 292
- 303
- Cash & Bank
- 126
- 389
- Total Assets
- 2,106
- Total Debt
- 784
- Net Working Capital
- 384
- Contingent Liabilities
- 1
- Book Value per Share
- 124.12
- Face Value
- 10.00
- Total Debt
- 784
- Net Working Capital
- 384
- Contingent Liabilities
- 1
- Book Value per Share
- 124.12
- Face Value
- 10.00
Mar 2025
- Equity Capital
- 98
- 1,876
- 247
- Trade Payables
- 395
- 1,495
- Total Liabilities
- 4,112
- 1,898
- Capital Work in Progress
- 163
- 343
- 294
- 442
- Cash & Bank
- 472
- 500
- Total Assets
- 4,112
- Total Debt
- 1,210
- Net Working Capital
- 965
- Contingent Liabilities
- 1
- Book Value per Share
- 100.30
- Face Value
- 5.00
- Total Debt
- 1,210
- Net Working Capital
- 965
- Contingent Liabilities
- 1
- Book Value per Share
- 100.30
- Face Value
- 5.00
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 14 | 9 | 5 | -17 | 30 | 19 | 122 | 107 | -135 | 450 | |
| Cash from Investing | -25 | -36 | -29 | -15 | -109 | -130 | -153 | -288 | -373 | -1,545 |
| Cash from Financing | 14 | 25 | 24 | 33 | 87 | 122 | 29 | 206 | 591 | 1,442 |
| 3 | -2 | 0 | 1 | 8 | 11 | -3 | 24 | 82 | 347 | |
| Free Cash Flow | -11 | -25 | -15 | -41 | -79 | -93 | 4 | -182 | -276 | -859 |
| OCF / Net Profit | 1.98 | 1.63 | 0.72 | -1.92 | 4.61 | 1.31 | 2.73 | 1.36 | -1.30 | 1.78 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | -171 | -253 | -224 | -391 | -626 | -1,406 |
| OCF / Net Profit | 1.98 | 1.63 | 0.72 | -1.92 | 4.61 | 1.31 | 2.73 | 1.36 | -1.30 | 1.78 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | -171 | -253 | -224 | -391 | -626 | -1,406 |
Mar 2016
- 14
- Cash from Investing
- -25
- Cash from Financing
- 14
- 3
- Free Cash Flow
- -11
- OCF / Net Profit
- 1.98
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 1.98
- Cumulative 5-Year FCF
- 0
Mar 2017
- 9
- Cash from Investing
- -36
- Cash from Financing
- 25
- -2
- Free Cash Flow
- -25
- OCF / Net Profit
- 1.63
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 1.63
- Cumulative 5-Year FCF
- 0
Mar 2018
- 5
- Cash from Investing
- -29
- Cash from Financing
- 24
- 0
- Free Cash Flow
- -15
- OCF / Net Profit
- 0.72
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 0.72
- Cumulative 5-Year FCF
- 0
Mar 2019
- -17
- Cash from Investing
- -15
- Cash from Financing
- 33
- 1
- Free Cash Flow
- -41
- OCF / Net Profit
- -1.92
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- -1.92
- Cumulative 5-Year FCF
- 0
Mar 2020
- 30
- Cash from Investing
- -109
- Cash from Financing
- 87
- 8
- Free Cash Flow
- -79
- OCF / Net Profit
- 4.61
- Cumulative 5-Year FCF
- -171
- OCF / Net Profit
- 4.61
- Cumulative 5-Year FCF
- -171
Mar 2021
- 19
- Cash from Investing
- -130
- Cash from Financing
- 122
- 11
- Free Cash Flow
- -93
- OCF / Net Profit
- 1.31
- Cumulative 5-Year FCF
- -253
- OCF / Net Profit
- 1.31
- Cumulative 5-Year FCF
- -253
Mar 2022
- 122
- Cash from Investing
- -153
- Cash from Financing
- 29
- -3
- Free Cash Flow
- 4
- OCF / Net Profit
- 2.73
- Cumulative 5-Year FCF
- -224
- OCF / Net Profit
- 2.73
- Cumulative 5-Year FCF
- -224
Mar 2023
- 107
- Cash from Investing
- -288
- Cash from Financing
- 206
- 24
- Free Cash Flow
- -182
- OCF / Net Profit
- 1.36
- Cumulative 5-Year FCF
- -391
- OCF / Net Profit
- 1.36
- Cumulative 5-Year FCF
- -391
Mar 2024
- -135
- Cash from Investing
- -373
- Cash from Financing
- 591
- 82
- Free Cash Flow
- -276
- OCF / Net Profit
- -1.30
- Cumulative 5-Year FCF
- -626
- OCF / Net Profit
- -1.30
- Cumulative 5-Year FCF
- -626
Mar 2025
- 450
- Cash from Investing
- -1,545
- Cash from Financing
- 1,442
- 347
- Free Cash Flow
- -859
- OCF / Net Profit
- 1.78
- Cumulative 5-Year FCF
- -1,406
- OCF / Net Profit
- 1.78
- Cumulative 5-Year FCF
- -1,406
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| PER SHARE | - | - | - | - | - | - | - | - | - | - |
| EPS (₹) | 20.42 | 10.11 | 5.71 | 4.93 | 3.60 | 8.05 | 24.70 | 21.70 | 17.20 | 12.82 |
| Book Value (₹) | 36.81 | 51.71 | 38.08 | 54.82 | 54.27 | 62.30 | 85.99 | 63.18 | 124.12 | 100.30 |
| Dividend per Share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1.00 | 2.85 | 0.70 | 0.80 |
| Cash EPS (₹) | 1.67 | 1.13 | 1.33 | 0.82 | 0.86 | 1.91 | 3.60 | 6.00 | 7.70 | 15.45 |
| PROFITABILITY | - | - | - | - | - | - | - | - | - | - |
| Operating Margin % | 53.79% | 68.80% | 59.08% | 44.70% | 46.09% | 62.17% | 49.20% | 32.19% | 34.12% | 28.03% |
| Net Margin % | 26.02% | 21.59% | 23.43% | 25.80% | 10.96% | 14.05% | 20.37% | 16.08% | 14.33% | 15.85% |
| ROE % | 86.01% | 26.92% | 19.03% | 12.00% | 6.59% | 13.81% | 33.31% | 40.87% | 21.24% | 18.53% |
| ROCE % | 73.68% | 28.03% | 13.77% | 14.37% | 10.55% | 17.17% | 26.08% | 25.53% | 19.65% | 17.23% |
| 16.75% | 8.58% | 8.01% | 6.63% | 2.83% | 3.89% | 7.89% | 9.13% | 6.60% | 8.12% | |
| EFFICIENCY | - | - | - | - | - | - | - | - | - | - |
| Debtor Days | 30 | 25 | 82 | 140 | 129 | 138 | 70 | 33 | 90 | 85 |
| Inventory Days | 208 | 113 | 26 | 91 | 154 | 132 | 102 | 80 | 107 | 67 |
| Payable Days | 329 | 538 | 205 | 170 | 506 | 470 | 134 | 109 | 204 | 130 |
| -92 | -400 | -97 | 60 | -223 | -200 | 38 | 5 | -7 | 22 | |
| FINANCIAL HEALTH | - | - | - | - | - | - | - | - | - | - |
| Debt to Equity (x) | 1.07x | 1.09x | 0.90x | 0.40x | 1.42x | 1.84x | 1.57x | 1.96x | 1.05x | 0.61x |
| Interest Coverage (x) | 15.47x | 6.19x | 3.54x | 4.31x | 2.53x | 1.91x | 2.60x | 3.73x | 2.84x | 6.02x |
| 0.88x | 1.12x | 1.70x | 3.09x | 1.07x | 2.15x | 1.30x | 1.13x | 1.53x | 2.33x | |
| GROWTH | - | - | - | - | - | - | - | - | - | - |
| Revenue Growth % | 346.49% | -6.22% | 22.50% | 9.35% | 71.80% | 74.60% | 111.61% | 122.59% | 48.45% | 119.96% |
| Operating Profit Growth % | 1674.56% | 19.93% | 5.20% | -17.28% | 77.14% | 135.52% | 67.48% | 45.64% | 61.03% | 82.71% |
| Net Profit Growth % | 2616.91% | -22.18% | 32.94% | 20.40% | -27.04% | 123.94% | 206.72% | 75.70% | 32.30% | 143.31% |
| 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | -20.70% | -25.50% | |
| VALUATION | - | - | - | - | - | - | - | - | - | - |
| P/E (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 29.49x | 31.90x |
| P/B (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 12.26x | 4.08x |
| Dividend Yield % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.05% | 0.20% |
| 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 38.91x | 19.03x |
Mar 2016
- EPS (₹)
- 20.42
- Book Value (₹)
- 36.81
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 1.67
- Operating Margin %
- 53.79%
- Net Margin %
- 26.02%
- ROE %
- 86.01%
- ROCE %
- 73.68%
- 16.75%
- Debtor Days
- 30
- Inventory Days
- 208
- Payable Days
- 329
- -92
- Debt to Equity (x)
- 1.07x
- Interest Coverage (x)
- 15.47x
- 0.88x
- Revenue Growth %
- 346.49%
- Operating Profit Growth %
- 1674.56%
- Net Profit Growth %
- 2616.91%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2017
- EPS (₹)
- 10.11
- Book Value (₹)
- 51.71
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 1.13
- Operating Margin %
- 68.80%
- Net Margin %
- 21.59%
- ROE %
- 26.92%
- ROCE %
- 28.03%
- 8.58%
- Debtor Days
- 25
- Inventory Days
- 113
- Payable Days
- 538
- -400
- Debt to Equity (x)
- 1.09x
- Interest Coverage (x)
- 6.19x
- 1.12x
- Revenue Growth %
- -6.22%
- Operating Profit Growth %
- 19.93%
- Net Profit Growth %
- -22.18%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2018
- EPS (₹)
- 5.71
- Book Value (₹)
- 38.08
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 1.33
- Operating Margin %
- 59.08%
- Net Margin %
- 23.43%
- ROE %
- 19.03%
- ROCE %
- 13.77%
- 8.01%
- Debtor Days
- 82
- Inventory Days
- 26
- Payable Days
- 205
- -97
- Debt to Equity (x)
- 0.90x
- Interest Coverage (x)
- 3.54x
- 1.70x
- Revenue Growth %
- 22.50%
- Operating Profit Growth %
- 5.20%
- Net Profit Growth %
- 32.94%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2019
- EPS (₹)
- 4.93
- Book Value (₹)
- 54.82
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 0.82
- Operating Margin %
- 44.70%
- Net Margin %
- 25.80%
- ROE %
- 12.00%
- ROCE %
- 14.37%
- 6.63%
- Debtor Days
- 140
- Inventory Days
- 91
- Payable Days
- 170
- 60
- Debt to Equity (x)
- 0.40x
- Interest Coverage (x)
- 4.31x
- 3.09x
- Revenue Growth %
- 9.35%
- Operating Profit Growth %
- -17.28%
- Net Profit Growth %
- 20.40%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2020
- EPS (₹)
- 3.60
- Book Value (₹)
- 54.27
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 0.86
- Operating Margin %
- 46.09%
- Net Margin %
- 10.96%
- ROE %
- 6.59%
- ROCE %
- 10.55%
- 2.83%
- Debtor Days
- 129
- Inventory Days
- 154
- Payable Days
- 506
- -223
- Debt to Equity (x)
- 1.42x
- Interest Coverage (x)
- 2.53x
- 1.07x
- Revenue Growth %
- 71.80%
- Operating Profit Growth %
- 77.14%
- Net Profit Growth %
- -27.04%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2021
- EPS (₹)
- 8.05
- Book Value (₹)
- 62.30
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 1.91
- Operating Margin %
- 62.17%
- Net Margin %
- 14.05%
- ROE %
- 13.81%
- ROCE %
- 17.17%
- 3.89%
- Debtor Days
- 138
- Inventory Days
- 132
- Payable Days
- 470
- -200
- Debt to Equity (x)
- 1.84x
- Interest Coverage (x)
- 1.91x
- 2.15x
- Revenue Growth %
- 74.60%
- Operating Profit Growth %
- 135.52%
- Net Profit Growth %
- 123.94%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2022
- EPS (₹)
- 24.70
- Book Value (₹)
- 85.99
- Dividend per Share (₹)
- 1.00
- Cash EPS (₹)
- 3.60
- Operating Margin %
- 49.20%
- Net Margin %
- 20.37%
- ROE %
- 33.31%
- ROCE %
- 26.08%
- 7.89%
- Debtor Days
- 70
- Inventory Days
- 102
- Payable Days
- 134
- 38
- Debt to Equity (x)
- 1.57x
- Interest Coverage (x)
- 2.60x
- 1.30x
- Revenue Growth %
- 111.61%
- Operating Profit Growth %
- 67.48%
- Net Profit Growth %
- 206.72%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2023
- EPS (₹)
- 21.70
- Book Value (₹)
- 63.18
- Dividend per Share (₹)
- 2.85
- Cash EPS (₹)
- 6.00
- Operating Margin %
- 32.19%
- Net Margin %
- 16.08%
- ROE %
- 40.87%
- ROCE %
- 25.53%
- 9.13%
- Debtor Days
- 33
- Inventory Days
- 80
- Payable Days
- 109
- 5
- Debt to Equity (x)
- 1.96x
- Interest Coverage (x)
- 3.73x
- 1.13x
- Revenue Growth %
- 122.59%
- Operating Profit Growth %
- 45.64%
- Net Profit Growth %
- 75.70%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2024
- EPS (₹)
- 17.20
- Book Value (₹)
- 124.12
- Dividend per Share (₹)
- 0.70
- Cash EPS (₹)
- 7.70
- Operating Margin %
- 34.12%
- Net Margin %
- 14.33%
- ROE %
- 21.24%
- ROCE %
- 19.65%
- 6.60%
- Debtor Days
- 90
- Inventory Days
- 107
- Payable Days
- 204
- -7
- Debt to Equity (x)
- 1.05x
- Interest Coverage (x)
- 2.84x
- 1.53x
- Revenue Growth %
- 48.45%
- Operating Profit Growth %
- 61.03%
- Net Profit Growth %
- 32.30%
- -20.70%
- P/E (x)
- 29.49x
- P/B (x)
- 12.26x
- Dividend Yield %
- 0.05%
- 38.91x
Mar 2025
- EPS (₹)
- 12.82
- Book Value (₹)
- 100.30
- Dividend per Share (₹)
- 0.80
- Cash EPS (₹)
- 15.45
- Operating Margin %
- 28.03%
- Net Margin %
- 15.85%
- ROE %
- 18.53%
- ROCE %
- 17.23%
- 8.12%
- Debtor Days
- 85
- Inventory Days
- 67
- Payable Days
- 130
- 22
- Debt to Equity (x)
- 0.61x
- Interest Coverage (x)
- 6.02x
- 2.33x
- Revenue Growth %
- 119.96%
- Operating Profit Growth %
- 82.71%
- Net Profit Growth %
- 143.31%
- -25.50%
- P/E (x)
- 31.90x
- P/B (x)
- 4.08x
- Dividend Yield %
- 0.20%
- 19.03x
Documents
Announcements
- Analysts/Institutional Investor Meet/Con. Call Updates
2026-08-20 - KPI Green Energy Limited has informed the Exchange about Schedule of meet
- Analysts/Institutional Investor Meet/Con. Call Updates
2026-08-18 - KPI Green Energy Limited has informed the Exchange about Transcript
Annual Reports
Credit Ratings
Nothing filed yet.
Concalls
Aug 2026
May 2026
Feb 2026