Latest news with #KPIGreenEnergy
Business Standard
2 days ago
- Business
- Business Standard
KPI Green gains after arm inks three strategic MoUs with Delta Electronics
KPI Green Energy rose 2.21% to Rs 514.35 after its parent company, KP Group, signed three strategic Memoranda of Understanding (MoUs) with Delta Electronics to bolster India's clean energy ecosystem. The collaboration focuses on battery energy storage systems (BESS), green hydrogen, EV charging infrastructure, and a 1 GW solar inverter supply. The first MoU centers on the development of scalable BESS projects. KP Group will lead project development and site integration, while Delta will provide critical components such as inverters and energy management systems. The partnership aims to deliver energy storage projects across India and explore global markets. The second MoU targets the green mobility sector. KP Group will establish green hydrogen production units powered by renewable energy, while Delta will supply hydrogen compression and EV charging technologies. The two firms will jointly develop hydrogen refueling and EV charging stations pan-India, with Delta offering AC and DC fast chargers, along with monitoring and billing platforms. Under the third MoU, Delta will supply nearly 1 GW of solar PV inverters over the next year for KP Groups upcoming solar projects. These inverters will support standalone and hybrid (solar + storage) systems with features like high efficiency, remote diagnostics, and grid support functionalities. The companies will also collaborate on post-installation services, including training, preventive maintenance, and spare part supply. Joint workshops are planned to ensure KP Group stays aligned with Deltas latest technological advancements. Niranjan Nayak, MD, Delta Electronics India, said, Our collaboration with KP Group is a bold step toward building a cleaner, smarter mobility ecosystem. With this 1 GW inverter partnership and extended collaboration on BESS and green hydrogen, we are committed to delivering best-in-class technology and lifecycle support. Faruk Patel, CMD, KP Group, added, This partnership goes beyond product supplywere co-creating innovative solutions for Indias energy independence. Whether solar, storage, or hydrogen, we aim to shape a cleaner, more sustainable tomorrow. KPI Green Energy develops, builds, owns, operates, and maintains solar and hybrid power plants as an Independent Power Producer (IPP) and as a service provider to Captive Power Producers (CPP) under the brand name of 'Solarism.' The company's consolidated net profit surged 142% to Rs 104.18 crore on 97% rise in total income to Rs 577.80 crore in Q4 FY25 over Q4 FY24.
Business Upturn
2 days ago
- Business
- Business Upturn
KPI Green Energy shares surge over 4% on strategic MOUs with Delta Electronics
KPI Green Energy shares rose over 4% in early trade after its parent company, KP Group, signed three strategic Memoranda of Understanding (MOUs) with Delta Electronics India, a key player in power and energy management solutions. As of 11:33 AM, the shares were trading 3.69% higter at Rs 522.05. The MOUs focus on three critical clean energy areas: Battery Energy Storage Systems (BESS), Green Hydrogen and EV Charging Infrastructure, and Solar PV Inverters. This partnership is expected to significantly enhance India's energy transition capabilities by accelerating the deployment of sustainable and scalable energy solutions. The agreements were officially signed by Mr. Niranjan Nayak, Managing Director of Delta Electronics India, and Dr. Faruk Patel, Chairman and Managing Director of KP Group. The collaboration is positioned to support India's net-zero ambitions and foster innovation in next-generation energy infrastructure. KP Group and Delta Electronics India have a long-standing relationship, and the new MOUs aim to deepen their cooperation. The partnership provides a structured framework for co-developing advanced renewable energy systems and clean technologies, potentially opening new business avenues for KPI Green Energy. Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information. Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at
Yahoo
20-05-2025
- Business
- Yahoo
KPI Green Energy Ltd (BOM:542323) Q4 2025 Earnings Call Highlights: Record Revenue Surge and ...
Q4 Revenue: INR 577.80 crores, up 97% year-on-year from INR 292.97 crores. Q4 EBITDA: INR 169.43 crores, a 76% increase. Q4 Profit Before Tax (PBT): INR 138.70 crores, up 131%. Q4 Profit After Tax (PAT): INR 104.18 crores, a 142% increase. Full Year Revenue: INR 1,755.16 crores, up 70.3% from INR 1,030.82 crores. Full Year EBITDA: INR 580.87 crores, a 69.1% increase. Full Year Profit Before Tax (PBT): INR 440.90 crores, up 103%. Full Year Profit After Tax (PAT): INR 325.28 crores, a 101% increase. Institutional Placement: Raised INR 1,000 crores, including investors like Morgan Stanley and Goldman Sachs. Credit Rating: Upgraded to ICRA A positive. Major Contracts: Secured EPC contracts of 300 MW AC from Coal India Limited and 100 MW AC from MAHAGENCO. Fleet Availability: Improved to 98.5% through advanced network operations. Warning! GuruFocus has detected 6 Warning Signs with BOM:542323. Release Date: May 19, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. KPI Green Energy Ltd (BOM:542323) reported a record revenue of INR577.80 crores for Q4 FY25, marking a 97% year-on-year increase. The company achieved a significant rise in profit after tax (PAT), which climbed 142% to INR104.18 crores. KPI Green Energy Ltd successfully raised INR1,000 crores through qualified institutional placement, enhancing its credit profile. The company secured a landmark EPC contract of 300 megawatts AC from Coal India Limited and 100 megawatts AC from MAHAGENCO. KPI Green Energy Ltd advanced its technology with 24/7 monitoring and predictive maintenance, achieving a fleet availability of 98.5%. The company's EBITDA margin is under pressure due to the mix of IPP and CPP projects, with CPP margins being lower. There is a concern about the declining return on capital employed (ROCE) and return on equity (ROE) due to increased net worth from equity infusion. The company faces challenges in maintaining high margins as it scales its IPP portfolio, which is capital-intensive. There are concerns about the potential impact on EPS if further equity is raised to fund growth. The company has experienced order cancellations, such as the 66-megawatt order from Sai Bandhan, due to customer funding issues. Q: How do you expect the overall margin profile to change as your IPP portfolio scales over 1.5 gigawatts, and how will the shift in business impact consolidated margins in FY26 and '27? A: Salim Yahoo, CFO: As we increase our IPP capacity to 1.5 gigawatts, we aim to have IPP contribute 25% to our portfolio. IPP typically offers higher EBITDA margins of 85% to 90%, compared to CPP's 20% to 22%. This shift will likely improve our consolidated margins, although the exact impact will depend on the balance between IPP and CPP additions. Q: Given the growth via equity liquidation or debt raising, how do you address concerns about declining ROCE and ROE? A: Salim Yahoo, CFO: The decrease in ROCE and ROE is due to increased net worth from QIP, not performance decline. Our business is capital-intensive, requiring significant funds for long-term assets. We have reduced our debt-equity ratio from 0.5 to 0.33, indicating improved financial health. Growth requires capital infusion, particularly in IPP, which drives future profitability. Q: What is the guidance for next year's growth, and how will IPP contributions affect the bottom line? A: Salim Yahoo, CFO: We are committed to 60% to 70% year-on-year growth. The 1.5 gigawatts of IPP capacity will be operational in phases, with full revenue impact expected by FY27-28. As IPP contributions increase, we anticipate stronger EBITDA and PAT margins, maintaining a PAT margin of 17% to 19%. Q: How is KPI Green addressing the competitive intensity in the EPC segment, and what impact does this have on pricing and order acquisition? A: Salim Yahoo, CFO: With a competitor exiting the market, we have a strong order book of 2.2 gigawatts. Our decade-long experience in executing wind and solar projects allows us to bid competitively. We focus on execution capability and competitive pricing to secure new orders, despite ongoing competition. Q: What are the revenue expectations for the 1.76 gigawatts of CPP order book, and how will it be executed? A: Salim Yahoo, CFO: The 1.76 gigawatts CPP order book is expected to generate over INR3,000 crores in revenue. Most of this will be executed within the current year, with some portions extending into the next year. The order book includes projects with varying scopes, impacting revenue realization. For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus.
Time of India
14-05-2025
- Business
- Time of India
KPI Green Energy's expenses up over 88% as Q4 profit jumps 91 pc
Mumbai: Gujarat-based KPI Green Energy on Wednesday reported a 91 per cent jump in consolidated net profit for the fourth quarter (Q4) of FY25, reaching ₹46.01 crore, up from ₹24.03 crore in the same period last fiscal. However, its expenses also rose significantly. This sharp rise in profit came even as the company witnessed surge in its overall expenses during the quarter. Total expenses for Q4 rose to ₹439.01 crore, an increase of nearly 88.74 per cent compared to ₹232.6 crore in the corresponding quarter of FY24. A major contributor to this spike was the cost of materials consumed, which more than doubled to ₹317.8 crore from ₹142.59 crore, marking a 122.94 per cent increase year-on-year (YoY). Employee benefits expenses also shot up substantially, rising by 236.65 per cent to ₹15.87 crore in Q4 from ₹4.72 crore a year ago. Other expenses climbed as well, reaching ₹73.87 crore compared to ₹48.27 crore in the previous year's quarter -- a 53.02 per cent increase. Despite these cost pressures, the company's revenue soared by 76.4 per cent YoY to ₹432.28 crore in Q4, up from ₹245.12 crore in the same period last fiscal. Operating performance was also strong, with EBITDA doubling to ₹68.27 crore from ₹33.29 crore, reflecting a growth of 105 per cent. The EBITDA margin improved to 15.8 per cent from 13.6 per cent in the year-ago quarter -- indicating better cost efficiency and profitability. Following the results, shares of KPI Green Energy were trading higher at ₹435.75 on Tuesday, up by ₹20.85 or 5.03 per cent on the National Stock Exchange (NSE). KPI Green Energy Limited is a renewable energy company based in Surat, Gujarat, focused on solar and hybrid power generation. The company develops, builds, owns, and operates solar power facilities across India.
Business Standard
14-05-2025
- Business
- Business Standard
KPI Green Energy sizzles on strong Q4 results
KPI Green Energy hit an upper limit of 5% to Rs 435.80 after the company's consolidated net profit surged 142% year-on-year to Rs 104.18 crore in Q4 March 2025. On a consolidated basis, total income stood at Rs 577.80 crore in Q4 FY25, up 97% from Rs 292.97 crore in Q4 FY24, supported by higher project execution, enhanced capacity utilization, and favorable industry dynamics. EBITDA was at Rs 169.43 crore in Q4 FY25, registering a 76% YoY increase compared to Rs 96.17 crore in Q4 FY24, driven by improved operating leverage and strategic cost efficiencies. Profit Before Tax (PBT) was Rs 138.70 crore, a 131% growth from Rs 60.05 crore, driven by reduced finance costs following strategic loan repayments using funds raised via Qualified Institutional Placement (QIP) in Q2 FY25. For the full year, net profit rose 101% to Rs 325 crore while net sales rose 69% to Rs 1735 crore in the year ended March 2025 over the year ended March 2024. EBITDA was 580.87 crore in FY25, an increase of 69% YoY, fueled by economies of scale, operational optimization, and cost management strategies. PBT stood at Rs 440.9 crore in FY25, a sharp 103.2% growth YoY. Strategic debt repayment, improved liquidity, and strong financial execution contributed significantly to this performance. Consolidated net cash inflow from operating activities stood at Rs 208 crore as on 31 March 2025, as against net cash outflow Rs 57 crore as on 31 March 2024. KPI Green Energy develops, builds, owns, operates and maintains solar and hybrid power plants through as an Independent Power Producer (IPP) and as service provider to Captive Power Producer (CPP) under the brand name of 'Solarism'.
