KP Energy Limited has received the order from ABREL EPC Limited, an Aditya Birla Group company. It is an ongoing 140 MW hybrid renewable energy project with 86.1 MW of wind power and 65 MW of solar power developed at Phulsar, Gujarat. KP Energy has received this order for the wind sector and will install 2X model wind turbine generators to generate 86.1 MW of wind power. The company says that it will complete this project within the current financial year.
KP Energy Limited (BSE BOM: 539686) operates as a comprehensive solutions provider to the wind energy sector, specializing in the balance of plant and engaged in every phase of wind farm development from installation to project commissioning. The company mainly focuses on undertaking projects in Gujarat.
KP Energy Limited Share Performance
Period | Growth |
1 Week | 20% |
1 Month | 51% |
3 Months | 45% |
YTD | 27% |
1 Year | 340% |
3 Years | 2580% |
The company’s shares have seen a tremendous increase of 51% in one month, 45% in three months, 340% in a year, and 2580% in the last three years.
KP Energy Profit & Loss
Figures in Rs. Crores.
Profit & Loss | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM |
Sales | 158 | 74 | 69 | 250 | 434 | 436 |
Operating Profit | 33 | 11 | 18 | 35 | 70 | 78 |
OPM % | 21% | 15% | 26% | 14% | 16% | 18% |
Net Profit | 19 | 1 | 7 | 21 | 44 | 51 |
EPS in Rs | 8.76 | 0.5 | 3.25 | 9.42 | 19.71 | 22.82 |
KP Energy’s sales and profits have been growing continuously over the last four years (2020 – 2023). While the company’s sales in 2020 were Rs 74 crore, by 2023 it has increased to Rs 434 crore and the profit has also increased from Rs 1 crore to Rs 44 crore in these four years. This means that in these four companies, company sales have increased by 486.49 percent and profit by 4300 percent.
KP Energy Limited Shareholding Pattern
Shareholding Pattern | Mar 2022 | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 |
Promoters | 66.39% | 59.56% | 44.80% | 44.80% | 44.80% | 44.80% | 44.80% |
FIIs | 0.00% | 0.00% | 0.00% | 0.00% | 0.06% | 0.19% | 0.26% |
Public | 33.61% | 40.44% | 55.20% | 55.20% | 55.15% | 55.01% | 54.94% |
In the last three years, promoters have sold 24.6% of their stake which was bought by the public. If we talk about DIIs and FIIs, DIIs have not shown any interest in it yet whereas FIIs have been increasing their stake in it for the last 3 quarters.