KPI Green Energy Share Price Surges 11% on Strong Q4 Earnings

KPI Energy Share Price Surges 11% on Strong Q4 Results

On Tuesday, 6 May, the share price of KPI Energy rallied as much as 11% during the intraday session on the National Stock Exchange (NSE). The significant gain in the stock came after the company announced a strong set of numbers for the quarter ended on 31 March 2026.

The stock opened at ₹456.15 apiece today, as compared to the previous close of ₹455.85 on Tuesday. This rally is a result of the company's impressive Q4 results, which showcased a remarkable growth in key financial parameters.

KPI Energy's Q4 FY26 Results

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KPI Energy reported a 49.2% year-on-year (YoY) increase in net profit to ₹155.5 crore in Q4 FY26, up from ₹104.2 crore in the corresponding quarter last year. The company's revenue from operations rose 40% to ₹796 crore, compared to ₹569 crore a year earlier. Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) surged 81% to ₹291.3 crore from ₹161 crore in the same period last year, with margins improving to 36.6% from 28.3%.

Segment-wise Performance

The Captive Power Producer (CPP) segment contributed 91% of the company's revenue in FY26, while the Independent Power Producer (IPP) segment accounted for the remaining 9%. As of 31 March 2026, the company's installed IPP capacity stood at 965 MW, against a total IPP portfolio of 2.57 GW. The CPP portfolio recorded a hybrid Capacity Utilisation Factor of 50.6% on an AC basis during FY26.

Full Year Performance

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For the full year FY26, revenue from operations rose 55.3% to ₹2,695.9 crore, compared to ₹1,735.5 crore in FY25. Net profit for the year increased 56.5% to ₹509.2 crore from ₹325.3 crore, while basic Earnings Per Share (EPS) climbed to ₹24.13 from ₹16.23.

Debt and Dividend

The company's long-term borrowings surged from ₹861.6 crore in FY25 to ₹3,666 crore in FY26, leading to an increase in the debt-equity ratio from 0.46x to 1.49x. The board has proposed a total dividend of ₹0.40 per share, comprising a final dividend of ₹0.25 and a special dividend of ₹0.15 per share, following the successful commissioning of its 1 GW IPP project. The payout is subject to shareholder approval.

Share Price Trend

The share price trend of KPI Energy has largely remained positive in the near term. The stock has delivered 7.44% returns in a week and 24.18% in a month. Furthermore, the renewable energy stock has given 28.21% gain in a year but remains flat on a year-to-date (YTD) basis. KPI Energy share price has given multibagger returns of 341% in three years, outperforming broader markets.