KPI Green Energy Posts 56% Growth in Total Revenue for FY2025-26

KPI Green Energy Posts 56% Growth in Total Revenue for FY2025-26​

KPI Green Energy Ltd announced its audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. The results highlight significant operational growth across its renewable energy portfolio, accompanied by recommendations for dividends and the appointment of new statutory auditors.

The Company reported strong financial momentum, with consolidated total revenue reaching ₹ 2,742 crore for the fiscal year 2025-26, marking a 56% increase compared to the ₹ 1,755 crore recorded in the previous fiscal year. Profit After Tax (PAT) demonstrated a 57% year-on-year rise, reaching ₹ 509 crore.

Financial Performance Highlights​

The financial performance underscores the Company's expanding IPP asset base and robust execution across solar, wind, and hybrid renewable energy segments.

For the year ended March 31, 2026:

• Total Revenue: ₹ 2,742 crore (56% growth year-on-year).
• EBITDA: ₹ 1,006 crore (73% year-on-year growth).
• Profit Before Tax (PBT): ₹ 691 crore (57% year-on-year growth).
• Profit After Tax (PAT): ₹ 509 crore (57% year-on-year growth).

The Quarter Ended March 31, 2026, saw Total Revenue clock in at ₹ 810 crore, reflecting a 40% growth compared to the ₹ 578 crore reported in Q4 FY 2024-25.

The consolidated financial results show the following revenue metrics:

Strategic and Corporate Milestones​

In addition to the strong financial reporting, the Company announced several major strategic and operational developments.

Major Financial and Strategic Milestones:

• Bank Sanction: KPI Green Energy secured a ₹ 979 crore sanction from Canara Bank for its 150 MW GUVNL wind IPP project in Gujarat, comprised of a ₹ 931 crore term loan and a ₹ 48 crore bank guarantee facility.
• IPP Energization: The Company's energized IPP portfolio reached 965 MWp out of 2.17 GWp, with capacity energized across its GUVNL 250 MW solar and 370 MW hybrid projects.
• Energy Storage Entry: Sun Drops Energia Limited executed a BESPA with GUVNL for the development of 445 MW / 890 MWh standalone BESS projects, marking the Company’s formal entry into utility-scale energy storage solutions.
• Power Markets: KPI Green received inter-state and intra-state power trading licenses from CERC and GERC, enabling participation in pan-India power markets.
• Green Bonds: The Company issued and listed India's first externally credit-enhanced green bond of ₹ 670 crore on NSE, backed by a 65% partial guarantee from GuarantCo.

Project Awards and Pipeline:
The Company also received multiple project awards, including:

• A Letter of Intent and PPA from GUVNL for a 150 MW grid-connected Wind Power Project.
• Additional orders from Adani Group entities for a 300 MWac / 405 MWdc project at Khavda, raising the total aggregate Khavda orders to 834 MWac / 1,131 MWdc.
• Letters of Award from SJVN Limited for a 200 MW (AC) Solar Project at the GIPCL Renewable Energy Park, Khavda, Gujarat.
• Notifications of Award from NTPC Limited for a green hydrogen and waste-to-energy project at NETRA, NTPC Greater Noida.

Dividend and Governance Outcomes​

During the Board meeting held on May 6, 2026, the Board took several key corporate decisions:

• Dividend Recommendation: The Board recommended a final dividend of Re. 0.25 per equity share and a Special Dividend of Re. 0.15 per equity share for the successful energization of a 1 GW IPP Project. This totals a dividend of Re. 0.40 per equity share, for the financial year 2025-26, subject to shareholder approval.
• Statutory Appointments:

* M/s. RHA & Co. was appointed as the Internal Auditor to conduct the internal audit of the Company for the financial year 2026-27.
* M/s. V.M. Patel & Associates was appointed as the Cost Auditor to conduct the cost audit of the Company for the financial year 2026-27.

The audited financial statements for the year and quarter ended March 31, 2026, were presented and approved by the Board of Directors. The statements were issued by M/s. K A Sanghavi & Co LLP, which provided an unqualified audit opinion on the audited standalone and consolidated financial results for the period.

KPIGREEN Stock Price Movement​

Shares of KPI Green Energy Limited are edging higher to ₹465.5 as of 12:06 PM, gaining 2.12% in live trading. The equity is showing strong momentum, with the stock trading on a substantial volume of 952,542 shares throughout the day.