KPI Green Energy

KPIGREEN · NSE

— · —

₹371.25

Closing price — 29 Sept 2026

Market cap ₹6,037 Cr · EPS ₹0.71

Valuation

Blended fair value using DCF and peer comparison methods.

See if KPI Green Energy is undervalued

Unlock intrinsic value for 4,800+ Indian stocks — free.

Aggressively investing in capacity expansion. Free cash flow is negative due to heavy growth capex — not business weakness. Peer comparison is more appropriate than DCF.

The intrinsic value shown is an algorithmic estimate based on publicly available financial data — including DCF analysis, peer comparison, and historical financials. It is not a research report, investment advice, or a recommendation to buy, sell, or hold any security. Stock valuations involve uncertainty and may differ significantly from market prices. Please consult a SEBI-registered investment adviser before making any investment decision.

Peer comparison

How this company stacks up against sector peers on valuation and quality metrics.

Energy · 8 peers · sector medians shown

Better than medianWorse than median

Company	Mkt Cap	P/E	P/B	EV/EBITDA	ROE	Net Margin	Rev CAGR 3y
KPI Green Energy KPIGREEN · you	₹5,811 Cr	15.5×	2.4×	9.4×	15.7%	17.7%	61.2%
Sector median	—	20.0×	1.9×	11.4×	10.7%	8.5%	5.4%
CESC CESC	₹23,125 Cr	15.0×	1.9×	8.8×	12.3%	8.3%	9.2%
Indraprastha Gas IGL	₹22,736 Cr	14.7×	2.0×	12.3×	13.5%	8.7%	4.6%
Aegis Vopak Terminals AEGISVOPAK	₹21,168 Cr	67.3×	5.0×	31.3×	7.2%	33.6%	37.7%
Chennai Petroleum Corporation CHENNPETRO	₹18,267 Cr	5.7×	1.6×	3.9×	27.9%	3.9%	-4.7%
Castrol India CASTROLIND	₹18,047 Cr	19.0×	9.5×	13.6×	50.0%	16.6%	6.2%
Nava NAVA	₹16,829 Cr	21.1×	1.9×	11.1×	9.0%	18.3%	6.7%
Bharat Coking Coal Limited BHARATCOAL	₹15,843 Cr	146.9×	3.3×	—	2.2%	0.9%	0.9%
Jaiprakash Power Ventures JPPOWER	₹12,741 Cr	37.8×	1.0×	11.4×	3.5%	8.1%	-1.3%

Peer comparison verdict

KPI looks attractively valued — trading at a discount to sector peers on P/E (16.1× vs sector median 20.0×) while delivering above-average returns on equity (15.7% vs 10.7%).

Business quality

Valuation

P/E ratio

16.1×

P/B ratio

—

EV/EBITDA

—

Price/Sales

—

Returns

ROE

15.7%

ROCE

10.6%

ROA

—

Growth

Revenue CAGR (3yr)

61.2%

EPS CAGR (3yr)

63.2%

Efficiency

Asset turnover

—

FCF yield

-43.3%

Dividend yield

0.2%

Liquidity & Solvency

Debt / Equity

1.21×

Debt / EBITDA

—

Interest coverage

4.5×

Current ratio

1.64×

Quick ratio

—

Financial health

Piotroski F-Score, Altman Z-Score, and key solvency ratios.

Financial health data is not yet available for this company.

Full financial data

Charts and annual statements for income, balance sheet and cash flow.

Income trend

Revenue, profit and margin trends over time.

Revenue

Net profit

Operating margin

Net margin

Revenue

₹2,696 Cr

Net profit

₹476 Cr

Operating margin

—

Net margin

17.7%

Revenue and net profit in ₹ Crores (left axis). Margins % on right axis.

Cash flow

Where cash comes from and where it goes.

Operating CFInvesting CFFinancing CFFree cash flow

Operating CF — Cash earned from running the business. The core engine of financial health.

Investing CF — Cash spent on assets and equipment. Negative is normal — it means the company is investing in growth.

Financing CF — Cash from borrowing or repaying loans and dividends. Negative means debt is being repaid.

Free cash flow — Operating CF minus capex. Cash left after keeping the business running. Positive and growing is ideal.

Operating CF

₹424.07 Cr

Investing CF

₹0 Cr

Financing CF

₹0 Cr

Free cash flow

-₹2,611 Cr

Balance sheet

Assets show what the company owns. Liabilities show what it owes. Equity is what's left for shareholders.

How the company is funded — equity is owners' money, debt is long-term borrowing, current liabilities are short-term obligations.

Equity

Debt

Current liabilities

Total assets

—

Total debt

₹3,666 Cr

Equity

₹3,034 Cr

Debt / Equity

1.21×

Numbers are illustrative — order-of-magnitude correct. For precise figures, refer to the company's annual report on BSE/NSE.

Shareholding pattern

Who owns this company and how that has changed.

What shareholding tells you: When promoters (founders/controlling shareholders) increase their stake, it usually signals confidence in the business. Rising FII (foreign funds) interest means international money is moving in. High promoter pledge is a risk — pledged shares can be force-sold if the stock price falls sharply.

Latest quarter

Promoter

49.4%

-0.1 pp QoQ

FII

8.2%

-0.1 pp QoQ

DII

0.7%

+0.0 pp QoQ

Retail

41.8%

Trend over time (%)

Quarterly data

Category	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Change (YoY)
Promoter	54.8%	53.1%	53.1%	53.1%	48.8%	48.8%	48.8%	48.7%	48.7%	49.3%	49.5%	49.4%	+0.7 ppYoY
FII (Foreign)	4.2%	6.0%	5.6%	6.0%	9.9%	8.8%	8.1%	8.3%	9.2%	8.7%	8.2%	8.2%	-0.1 ppYoY
DII (Domestic)	0.0%	2.1%	0.6%	0.3%	1.5%	1.9%	1.6%	0.8%	0.8%	0.6%	0.6%	0.7%	-0.1 ppYoY
Retail	40.9%	38.9%	40.7%	40.5%	39.8%	40.5%	41.5%	42.3%	41.4%	41.5%	41.6%	41.8%	-0.5 ppYoY

Signals from the trend

📉

PromoterDown 5.4pp — worth monitoring for further declines

📈

FIINet buyers (+3.9pp) — foreign institutional interest is growing

📈

DIINet buyers (+0.7pp) — domestic funds are accumulating

Mixed signals — FII buying and DII buying on the positive side, but promoter selling adds uncertainty.

pp = percentage points. FII = Foreign Institutional Investors. DII = Domestic Institutional Investors (MFs, insurance). Data sourced from NSE/BSE filings. Verify on BSE/NSE before any investment decision.