GK Energy GKENERGY
EPC provider of solar-powered agricultural pumps under the PM-KUSUM scheme, Pune (listed Sep 2025)
Mapped in 1 theme: Solar Module Manufacturing (ALMM).
Where GK Energy sits in the supply chain
GK Energy appears in 1 supply-chain layer in one theme, Solar Module Manufacturing (ALMM).
Solar Module Manufacturing (ALMM) › EPC & Project Developers
OperatorOther companies in this layer
Revenue and profit
| ₹ Cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | — | — | 411 | 1,095 | 1,715 |
| Net profit | — | — | 36 | 133 | 204 |
Latest-year revenue ₹1,715 Cr (FY26, company-wide).
Note: years before its listing or not on Screener left blank.
Strengths
- Leading pure-play PM-KUSUM solar pump installer in Maharashtra (~15% of the state's installations, Jul 2025)
- Asset-light: buys ALMM panels and pumps from vendors and sells the full system under its own brand
Risks
- Revenue depends almost entirely on PM-KUSUM, which runs to 2026 unless extended
- Concentrated in Maharashtra, with payment cycles tied to state agencies
Common questions
What does GK Energy do?
EPC provider of solar-powered agricultural pumps under the PM-KUSUM scheme, Pune (listed Sep 2025).
Where does GK Energy sit in the supply chain?
GK Energy (NSE: GKENERGY) is mapped in 1 supply-chain layer: EPC & Project Developers (Solar Module Manufacturing (ALMM)).
Who are GK Energy's peers?
In the EPC & Project Developers layer of Solar Module Manufacturing (ALMM): Sterling and Wilson Renewable Energy, KPI Green Energy, Adani Green Energy, Tata Power, Clean Max Enviro Energy Solutions, Juniper Green Energy and 4 more.
What is GK Energy's market cap and valuation?
As of 6 Nov 2026: market cap ₹2,020 Cr, P/E 8.8x, ROCE 41.4%, ROE 37.3%, dividend yield 0.50%.