KPI Green Energy KPIGREEN
Solar EPC contractor and independent power producer (IPP)
Mapped in 1 theme: Solar Module Manufacturing (ALMM).
Where KPI Green Energy sits in the supply chain
KPI Green 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 | FY24 | FY25 | FY26 |
|---|---|---|---|
| Revenue | 1,024 | 1,735 | 2,696 |
| Net profit | 162 | 325 | 509 |
Latest-year revenue ₹2,696 Cr (FY26, company-wide). Wider screens show FY22 onwards.
Strengths
- Dual EPC-plus-IPP model gives both project-based construction revenue and recurring contracted power-sale revenue from its own operating assets
Risks
- Smaller-cap with a concentrated Gujarat project base relative to larger national developers
- EPC revenue recognition can be lumpy quarter to quarter
Common questions
What does KPI Green Energy do?
Solar EPC contractor and independent power producer (IPP).
Where does KPI Green Energy sit in the supply chain?
KPI Green Energy (NSE: KPIGREEN) is mapped in 1 supply-chain layer: EPC & Project Developers (Solar Module Manufacturing (ALMM)).
Who are KPI Green Energy's peers?
In the EPC & Project Developers layer of Solar Module Manufacturing (ALMM): Sterling and Wilson Renewable Energy, Adani Green Energy and Tata Power.
What is KPI Green Energy's market cap and valuation?
As of 30 Oct 2026: market cap ₹5,470 Cr, P/E 12.0x, ROCE 13.7%, ROE 16.9%, dividend yield 0.32%.