About:
- Founded: 2008 (Formerly known as K.P.I. Global Infrastructure Limited)
- Headquarters: India
- Subsidiaries: Kpark Sunbeat Private Limited, Sun Drops Energia Private Limited
- Focus: Develops, builds, owns, operates, and maintains renewable power plants (solar and wind-solar hybrid) as an Independent Power Producer (IPP) and service provider to Captive Power Producers (CPP) under the brand name “Solarism.”
KPI Green Energy Products
KPI Green Energy doesn’t directly sell “products” to consumers in the traditional sense. Their focus lies in developing, building, owning, operating, and maintaining renewable power plants, specifically solar and wind-solar hybrid projects. These projects generate electricity, which KPI Green Energy then sells to businesses and other entities through various solutions:
- Independent Power Producer (IPP): Under the “Solarism” brand, they develop grid-connected solar power plants and sell the electricity generated to businesses through Power Purchase Agreements (PPAs). This means businesses enter into long-term contracts to purchase electricity from KPI Green Energy’s solar power plants.
- Captive Power Producer (CPP): They offer customized solar power solutions for individual companies, where they develop, manage, and maintain on-site solar power plants. These captive power plants help companies reduce their electricity expenses by generating their own clean energy. They achieve this through a process of developing, transferring, operating, and maintaining the grid-connected solar power project, essentially selling the generated power directly to the client company.
KPI Green Energy Fundamentals
- Market Cap: ₹10,496 Cr
- Price to Earnings Ratio (P/E): N/A (negative earnings)
- Debt to Equity Ratio: 1.33
KPI Green Energy Revenue and Net Profit
Revenue:
- Q3 FY2023-2024: ₹331.33 Cr (Up 84.41% year-over-year, Up 53.43% quarter-over-quarter)
Net Profit:
- Q3 FY2023-2024: ₹50.61 Cr (Up 46.87% year-over-year, Up 45.64% quarter-over-quarter)
KPI Green Energy Shareholding Patterns
- Promoters: 53.08% (holding remains unchanged since March 2023)
- Promoter Pledge: 45.52% of their holdings are pledged (decreased by 3.49% since December 2022)
- Foreign Institutional Investors (FIIs): 5.96% (increased from 4.24% in December 2022)
- Domestic Institutional Investors (DIIs): 8.05% (increased from 4.24% in December 2022)
- Mutual Funds: Information not readily available, but likely below 5% based on historical data.
Read more: GMR Power Share Price Target for 2025, 2026, 2027, 2028, 2029
KPI Green Energy Share Price Target for 2025, 2026, 2027, 2028, 2029
| Year | Share Price Target |
|---|---|
| 2025 | ₹2,000 |
| 2026 | ₹3,000 |
| 2027 | ₹4,000 |
| 2028 | ₹5,000 |
| 2029 | ₹5,500 |
KPI Green Energy Share Price Target for 2025
KPI Green Energy Share Price Target for 2025 is 2000.
KPI Green Energy Share Price Target for 2026
KPI Green Energy Share Price Target for 2026 is 3000.
KPI Green Energy Share Price Target for 2027
KPI Green Energy Share Price Target for 2027 is 4000.
KPI Green Energy Share Price Target for 2028
KPI Green Energy Share Price Target for 2028 is 5000.
KPI Green Energy Share Price Target for 2029
KPI Green Energy Share Price Target for 2029 is 5500.
KPI Green Energy Dividend History
KPI Green Energy has not paid any dividends since its inception.
Read more: Genus Power Share Price Target for 2025, 2026, 2027, 2028, 2029
Future Outlook of KPI Green Energy
Positives:
- Growing renewable energy sector: The Indian renewable energy sector is poised for significant growth due to government initiatives, rising energy demand, and decreasing solar power costs. This presents a significant opportunity for KPI Green Energy to expand its market share.
- Diversified business model: Operating in both IPP and CPP segments offers some protection against fluctuations in any single market.
- Focus on innovation: The company’s ventures into hybrid energy solutions demonstrate their commitment to staying ahead of the curve and exploring new opportunities.
- Strong brand recognition: The “Solarism” brand holds a good reputation in the Indian renewable energy market.
Risks Associated With Investing in KPI Green Energy
Negatives:
- Negative earnings and profitability: Despite revenue growth, the company struggles with profitability, raising concerns about its financial sustainability.
- High debt-to-equity ratio: The high debt burden increases financial risks and limits the company’s ability to invest in growth and repayment obligations.
- Limited geographic presence: Their primary focus on India exposes them to the specific market conditions and potential regulatory changes within that region.
KPI Green Energy Competitors
KPI Green Energy operates in the Indian renewable energy sector, facing competition from various companies depending on the specific project type and target market. Here’s a breakdown of their potential competitors in different segments:
1. Solar Power Developers:
- Large players:
- ReNew Power: A leading Indian renewable energy company with a strong presence in the solar power segment.
- NTPC Limited: India’s largest power generation company, actively expanding into renewable energy, including solar power.
- Tata Power Renewable Energy Limited: A subsidiary of Tata Power, focusing on developing and managing solar power projects.
- Other regional players:
- IndusInd Renewable Energy Limited
- Adani Green Energy Limited
- Mahindra Susten
2. Captive Power Solution Providers:
- Engineering, Procurement, and Construction (EPC) companies:
- Larsen & Toubro (L&T)
- Sterling and Wilson Solar Limited
- Shapoorji Pallonji Infrastructure Limited
- Other established players:
- CESC Limited
- Azure Power Global Limited
3. Hybrid Energy Solution Providers:
- This segment is relatively new, and the competitive landscape is still evolving. However, some potential competitors include:
- Mahindra Susten
- Greenko Group
- ReNew Power
KPI Green Energy FAQs
1. What is KPI Green Energy?
KPI Green Energy is an Indian company established in 2008, focusing on developing, building, owning, operating, and maintaining renewable energy power plants, primarily solar and wind-solar hybrid projects. They operate under the brand name “Solarism.”
2. What are KPI Green Energy’s services?
- Independent Power Producer (IPP): Developing grid-connected solar power plants and selling electricity to businesses through Power Purchase Agreements (PPAs).
- Captive Power Producer (CPP): Offering customized solar power solutions for individual companies, developing, managing, and maintaining on-site solar power plants to generate their own clean energy.
3. What are KPI Green Energy’s strengths and weaknesses?
Strengths:
- Established player with over 15 years of experience.
- Diversified business model (IPP and CPP).
- Strong brand recognition (“Solarism”).
- Focus on innovation (exploring hybrid energy solutions).
Weaknesses:
- Negative earnings and low profitability.
- High debt-to-equity ratio.
- Limited geographic presence (primarily India).
4. What is KPI Green Energy’s financial performance?
The company has shown mixed progress. While revenue has increased in recent quarters, they still experience negative earnings. They carry a high debt-to-equity ratio, raising concerns about their financial sustainability.
5. What is the future outlook for KPI Green Energy?
The future outlook is uncertain and involves significant risks.
Positives: Growing renewable energy sector, diversified business model, and brand recognition. Negatives: Negative earnings, high debt, and limited geographic presence.
6. Does KPI Green Energy pay dividends?
No, KPI Green Energy has not paid any dividends since its inception.