Surat: KP Energy Ltd reported a strong performance in its Q1FY26 concall, showcasing solid growth across financial and operational metrics. The renewable energy solutions provider delivered ₹303.5 cr revenue, marking a 50% YoY growth, driven mainly by strong traction in EPC/BoP execution. EBITDA rose 57% to ₹68.6 cr, maintaining a stable margin profile at around 22%, supported by scale benefits, in-house crane availability, and efficient hybrid project execution. PAT climbed 44% to ₹35.9 cr, while EPS improved 43% to ₹5.36.
The company also highlighted a significant improvement in cash flows, reporting H1 OCF of ₹85 cr, compared to just ₹6 cr in the previous year.
KP Energy’s order book continues to remain healthy, with 2.2+ GW worth over ₹2,900 cr already confirmed. The pipeline remains robust, with 3 GW of external projects expected to be awarded by Dec’25, subject to PPA finalisation. Management reaffirmed its FY26 growth guidance of 50-60%, with a revenue skewness towards the second half of the year, anticipating H2 to contribute 60-65% of the annual topline. The company stated there are no execution constraints at present.
The EPC/BoP segment remained the key growth driver, while hybrid capabilities, especially wind + solar combinations, are scaling rapidly. The O&M portfolio has crossed 600 MW, ensuring stable annuity-type income. Under the IPP vertical, the company currently operates 48.5 MW, with plans to add another ~50 MW by FY27 to optimise tax efficiencies.
Strategically, KP Energy continues to strengthen its future-ready capabilities. It is now DSM-ready through its IBM partnership and trading licence, enabling smoother integration with grid requirements. The company is also focusing on RTC/FDRE solutions (wind + solar + BESS) and has signed MoUs for Green Hydrogen and UAE RTC supply, signalling a push toward next-gen energy transition opportunities.
Overall, KP Energy’s Q1FY26 performance and strategic positioning reflect strong business momentum and visibility for sustained growth.
