Green energy stock jumps over 3% after receiving ₹97 Cr order from multiple clients

The shares of this small-cap stock recovered 3 percent from its day low to hit an intraday high of Rs 579.60 after the company announced that it had secured an order worth Rs 97 crores.

With a market capitalization of Rs 2,850 crores, the shares of KP Green Engineering Ltd are currently trading at Rs 570 per share, down by 26 percent from its 52-week high of Rs 768.85 per share. Over the last one year, the stock has delivered a negative return of 9.44 percent.

The company has received a total work order of Rs 97.27 crore in many infrastructure / power-related segments, illustrating convincing traction in its engineering and fabrication capabilities.

The largest portion of the order, Rs 47.83 crore, is from crash barriers, which are primarily intended for railway track fencing and associated infrastructure, illustrating its expanding role in support of railway safety and infrastructure development. The second largest order book share is from solar projects, accounting for Rs 37.56 crore, which includes the supply of fixed tilt module mounting structures and tracker-type module mounting structures.

In the transmission tower segment, it secured orders for a total of Rs 7.18 crore in supplying materials and structures from 33 kV to 400 kV, and suited to substations, cable trays, GI structures, and isolator support structures. In addition, it secured Rs 26 lakh in orders from 220 kV, 66 kV, and 33 kV isolators, which are vital elements of electrical switching and protection. Finally, it secured total orders for Rs 4.44 crore from rooftop solar. As of FY25, the company has an order book of Rs 807 crore.

Financial Highlights

The company reported a revenue of Rs 695 crore in FY25, up by 99 percent from its FY24 revenue 349 crore. Additionally, it reported a net profit growth of 111.42 percent to Rs 74 crore in FY25 from Rs 35 crore in FY24.

KP Green Engineering operates in the engineering and manufacturing of steel structures. They manufacture transmission line towers, isolators, substation structures, windmill & telecom towers, solar mounting structures, crash barriers, cable trays, and pre-engineered buildings. In terms of sectors it supports, they support power transmission, telecom, solar, substations, and highway infrastructure.

Written by Satyajeet Mukherjee

Disclaimer

The views and investment tips expressed by investment experts/broking houses/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Trade Brains Technologies Private Limited or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.

The post Green energy stock jumps over 3% after receiving ₹97 Cr order from multiple clients appeared first on Trade Brains.