K.P. Energy Ltd
K.P. Energy(KPEL) is a part of the KP Group of Surat. It is involved in the development of utility scale wind power generation infrastructure. The major activities encompass siting of wind farms, acquisition of lands and permits, EPCC of wind projects, along with balance of plant (BoP) infrastructure. KPEL also owns and operates WTGs (Wind Turbine Generators) and solar power plant as an IPP( Independent Power Producers). The company undertakes projects principally in Gujarat. [1]
- Market Cap ₹ 3,603 Cr.
- Current Price ₹ 540
- High / Low ₹ 657 / 175
- Stock P/E 48.1
- Book Value ₹ 33.8
- Dividend Yield 0.06 %
- ROCE 39.1 %
- ROE 38.4 %
- Face Value ₹ 5.00
Pros
- Company is expected to give good quarter
- Company has delivered good profit growth of 24.7% CAGR over last 5 years
- Company has a good return on equity (ROE) track record: 3 Years ROE 37.0%
- Company's median sales growth is 51.1% of last 10 years
Cons
- Stock is trading at 16.0 times its book value
- Company has high debtors of 200 days.
- Promoter holding has decreased over last 3 years: -21.4%
- Working capital days have increased from 37.8 days to 71.9 days
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Infrastructure Developers & Operators Industry: Engineering - Turnkey Services
Part of BSE Utilities BSE SmallCap BSE Allcap
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | 9 | 27 | 41 | 111 | 60 | 158 | 74 | 69 | 250 | 434 | 467 | 610 | |
| 1 | 9 | 22 | 31 | 82 | 50 | 125 | 63 | 51 | 216 | 364 | 382 | 499 | |
| Operating Profit | 0 | 1 | 5 | 10 | 29 | 10 | 33 | 11 | 18 | 35 | 70 | 85 | 110 |
| OPM % | 35% | 7% | 18% | 24% | 26% | 17% | 21% | 15% | 26% | 14% | 16% | 18% | 18% |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 3 | 5 | 13 | 19 | |
| Interest | 0 | 0 | 0 | 1 | 2 | 3 | 5 | 5 | 5 | 5 | 6 | 13 | 21 |
| Depreciation | 0 | 0 | 0 | 1 | 1 | 3 | 4 | 4 | 4 | 4 | 5 | 8 | 9 |
| Profit before tax | 0 | 0 | 4 | 8 | 26 | 4 | 25 | 3 | 10 | 29 | 63 | 76 | 99 |
| Tax % | 33% | 30% | 33% | 34% | 35% | 50% | 22% | 60% | 26% | 28% | 31% | 23% | |
| 0 | 0 | 3 | 5 | 17 | 2 | 19 | 1 | 7 | 21 | 44 | 59 | 75 | |
| EPS in Rs | 0.07 | 0.31 | 1.51 | 0.78 | 2.53 | 0.28 | 2.92 | 0.17 | 1.08 | 3.14 | 6.57 | 8.79 | 11.23 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 6% | 0% | 6% | 0% | 0% | 5% | 2% | 5% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 48% |
| 5 Years: | 24% |
| 3 Years: | 89% |
| TTM: | 40% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 69% |
| 5 Years: | 25% |
| 3 Years: | 100% |
| TTM: | 48% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 85% |
| 3 Years: | 179% |
| 1 Year: | 187% |
| Return on Equity | |
|---|---|
| 10 Years: | 32% |
| 5 Years: | 29% |
| 3 Years: | 37% |
| Last Year: | 38% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 0.50 | 0.50 | 1 | 3 | 9 | 9 | 11 | 11 | 11 | 11 | 11 | 33 | 33 |
| Reserves | 0 | 0 | 4 | 13 | 24 | 26 | 43 | 43 | 50 | 72 | 113 | 148 | 192 |
| 2 | 1 | 2 | 10 | 21 | 36 | 30 | 26 | 28 | 23 | 43 | 110 | 246 | |
| 6 | 8 | 12 | 17 | 50 | 63 | 80 | 144 | 141 | 202 | 171 | 321 | 279 | |
| Total Liabilities | 9 | 10 | 19 | 43 | 104 | 134 | 164 | 224 | 230 | 308 | 338 | 612 | 750 |
| 0 | 1 | 10 | 25 | 50 | 85 | 83 | 81 | 83 | 86 | 141 | 164 | 165 | |
| CWIP | 0 | 0 | 0 | 0 | 18 | 0 | 0 | 0 | 1 | 0 | 1 | 1 | 15 |
| Investments | 0 | 0 | 0 | 0 | 1 | 1 | 1 | 26 | 27 | 31 | 31 | 31 | 17 |
| 8 | 10 | 9 | 18 | 35 | 48 | 80 | 117 | 119 | 190 | 165 | 416 | 553 | |
| Total Assets | 9 | 10 | 19 | 43 | 104 | 134 | 164 | 224 | 230 | 308 | 338 | 612 | 750 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 0 | 0 | 7 | 5 | 36 | 9 | 6 | -18 | -16 | 22 | 45 | 27 | |
| 0 | -0 | -9 | -17 | -44 | -20 | -2 | -26 | -8 | -9 | -59 | -64 | |
| 0 | -0 | 3 | 13 | 8 | 17 | -6 | 44 | 33 | -9 | 6 | 47 | |
| Net Cash Flow | 1 | -1 | 1 | 1 | 0 | 7 | -2 | 0 | 9 | 4 | -8 | 10 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 39 | 0 | 26 | 69 | 84 | 143 | 64 | 73 | 42 | 29 | 51 | 200 |
| Inventory Days | 82 | 120 | ||||||||||
| Days Payable | 105 | 194 | ||||||||||
| Cash Conversion Cycle | 39 | 0 | 26 | 69 | 84 | 143 | 64 | 73 | 42 | 29 | 27 | 126 |
| Working Capital Days | 1,091 | 188 | 15 | 27 | 12 | -92 | 6 | 173 | 260 | 30 | 11 | 72 |
| ROCE % | 16% | 28% | 96% | 53% | 70% | 12% | 38% | 9% | 18% | 33% | 49% | 39% |
Documents
Announcements
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Intimation Of Listing Of Equity Share Capital Of K.P. Energy Limited On National Stock Exchange Of India Limited ('NSE').
12h - Listing of K.P. Energy Limited's equity shares on NSE.
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
2d - K.P. Energy Limited has informed about schedule of conference call with analyst/ investors on Thursday, November 14, 2024 at 04:30 PM to discuss the unaudited …
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Intimation Of Appointment Of Group Chief Executive Officer (Group CEO)
2d - Dr. Alok Das appointed as Group CEO of KP Group.
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Announcement under Regulation 30 (LODR)-Dividend Updates
7 Nov - Communication on tax deduction for interim dividend.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
7 Nov - K.P. Energy Limited submitted BSE the extract of Standalone and Consolidated unaudited Financial Result of the Company for the quarter and half year ended September …
Annual reports
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Concalls
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Nov 2024TranscriptNotesPPT
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Aug 2024TranscriptNotesPPT
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Nov 2019TranscriptNotesPPT
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Aug 2019TranscriptNotesPPT
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Aug 2019TranscriptNotesPPT
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Jun 2019Transcript PPT
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May 2019TranscriptNotesPPT
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Jan 2019TranscriptNotesPPT
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Oct 2018TranscriptNotesPPT
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Sep 2017TranscriptNotesPPT
EPCC Segment (97% - 9MFY24)[1]
The company's Engineering, Procurement, Construction, and Commissioning segment revolves around a unique value proposition that is designed to comprehensively address all the needs of Wind Turbine Generator (WTG) manufacturers, Independent Power Producers (IPP), and Captive Power Consumers (CPP) in setting-up of a wind farm.[2] The existing portfolio creates an annuity-based revenue stream for the Company.[3]