Company Profile

KP Energy has successfully commissioned further 12.6MW (Phase-IX) ISTS connected Wind Power Project comprising 6 numbers of WTGs of 2.1MW each at Sidhpur site in Devbhoomi Dwarka. This Phase-IX commissioning is a part of the 250.8MW ISTS connected Wind Power Project capacity awarded to Apraava Energy by Solar Energy Corporation of India (SECI) under Tranche-VIII bidding. KP Energy is developing the Project for Apraava Energy as a Contractor under the Land and Balance of Plant Contract. 

With the present Phase-IX commissioning, the net cumulative capacity commissioned at Sidhpur site stands at 222.6MW (i.e., 52.5MW + 29.4MW + 25.2MW + 21MW+ 10.5MW + 25.2MW + 29.4MW + 16.8MW + 12.6MW) against the awarded capacity of 250.8MW.

KP Energy is engaged in operating solar and wind energy projects in India.

KP Energy is currently trading at Rs. 432.85, up by 7.10 points or 1.67% from its previous closing of Rs. 425.75 on the BSE.

The scrip opened at Rs. 435.00 and has touched a high and low of Rs. 447.00 and Rs. 429.95 respectively. So far 462580 shares were traded on the counter.

The BSE group 'T' stock of face value Rs. 5 has touched a 52 week high of Rs. 465.00 on 26-Feb-2024 and a 52 week low of Rs. 58.67 on 11-May-2023.

Last one week high and low of the scrip stood at Rs. 451.00 and Rs. 402.65 respectively. The current market cap of the company is Rs. 2902.02 crore.

The promoters holding in the company stood at 44.80%, while Institutions and Non-Institutions held 0.33% and 54.87% respectively.

KP Energy has successfully commissioned further 12.6MW (Phase-IX) ISTS connected Wind Power Project comprising 6 numbers of WTGs of 2.1MW each at Sidhpur site in Devbhoomi Dwarka. This Phase-IX commissioning is a part of the 250.8MW ISTS connected Wind Power Project capacity awarded to Apraava Energy by Solar Energy Corporation of India (SECI) under Tranche-VIII bidding. KP Energy is developing the Project for Apraava Energy as a Contractor under the Land and Balance of Plant Contract. 

With the present Phase-IX commissioning, the net cumulative capacity commissioned at Sidhpur site stands at 222.6MW (i.e., 52.5MW + 29.4MW + 25.2MW + 21MW+ 10.5MW + 25.2MW + 29.4MW + 16.8MW + 12.6MW) against the awarded capacity of 250.8MW.

KP Energy is engaged in operating solar and wind energy projects in India.

KP Energy has received new order for development of 9MW wind power project forming part of the wind-solar hybrid power project to be developed in Gujarat. This project is awarded by Bhathwari Technologies to the company under Captive Power Project segment. The Project shall be connected to State Transmission Utility (STU) network. The project includes both supply and service for development of the project on turnkey basis. The project is scheduled to be completed in the financial year 2024-25. 

KP Energy is engaged in operating solar and wind energy projects in India.

KP Energy is currently trading at its upper circuit limit of Rs. 409.85, up by 19.50 points or 5.00% from its previous closing of Rs. 390.35 on the BSE.

The scrip opened at Rs. 409.85 and has touched a high and low of Rs. 409.85 and Rs. 409.85 respectively. So far 138952 shares were traded on the counter.

The BSE group 'T' stock of face value Rs. 5 has touched a 52 week high of Rs. 465.00 on 26-Feb-2024 and a 52 week low of Rs. 58.67 on 11-May-2023.

Last one week high and low of the scrip stood at Rs. 409.85 and Rs. 335.00 respectively. The current market cap of the company is Rs. 2603.24 crore.

The promoters holding in the company stood at 44.80%, while Institutions and Non-Institutions held 0.33% and 54.87% respectively.

KP Energy has received new order for development of 9MW wind power project forming part of the wind-solar hybrid power project to be developed in Gujarat. This project is awarded by Bhathwari Technologies to the company under Captive Power Project segment. The Project shall be connected to State Transmission Utility (STU) network. The project includes both supply and service for development of the project on turnkey basis. The project is scheduled to be completed in the financial year 2024-25. 

KP Energy is engaged in operating solar and wind energy projects in India.

KP Energy has reported results for fourth quarter (Q4) and year ended March 31, 2024.

The company has reported 61.46% rise in its net profit at Rs 25.43 crore for the quarter under review as compared to Rs 15.75 crore for the same quarter in the previous year. Total income of the company increased by 43.73% at Rs 215.46 crore for Q4FY24 as compared Rs 149.91 crore for the corresponding quarter previous year.

On consolidated basis, the company has reported 60.85% rise in its net profit at Rs 24.90 crore for fourth quarter ended March 31, 2024 as compared to Rs 15.48 crore for the same quarter in the previous year. Total income of the company increased by 43.88% at Rs 217.40 crore for Q4FY24 as compared Rs 151.10 crore for the corresponding quarter previous year. 

For the year ended March 31, 2024, the company has reported 33.84% rise in its net profit at Rs 58.65 crore as compared to Rs 43.82 crore for the previous year. Total income of the company increased by 9.78% at Rs 481.27 crore for year under review as compared to Rs 438.38 crore for year ended March 31, 2023.

For the year ended March 31, 2024, on the consolidated basis, the company has reported 32.82% rise in its net profit at Rs 58.32 crore as compared to Rs 43.91 crore for the previous year. Total income of the company increased by 9.76% at Rs 485.55 crore for year under review as compared to Rs 442.39 crore for year ended March 31, 2023.