KP Green Engineering Wins Rs 240 Cr Orders, Stock Slips

KP Green Engineering hit a day’s high of Rs 378.90 on BSE after bagging fresh orders worth Rs 239.61 crore across segments.

Here’s how that order book breaks down. The bulk of it, Rs 116.07 crore, comes from solar projects, covering module mounting structures used to hold solar panels in place. Another Rs 76.41 crore is for crash barriers used in railway track fencing.

The rest is spread across smaller contracts, RSJ poles worth Rs 16.66 crore, pre-engineered building structures worth Rs 11.32 crore, and transmission tower material worth Rs 8.05 crore, along with some cable tray and rooftop solar work.

All of this is expected to be executed within the current financial year. This isn’t the company’s first big order this year either.

Earlier in 2026, KP Green Engineering had bagged its largest ever contract, worth Rs 819 crore, from BSNL under the government’s 4G Saturation Project, split across regions including Maharashtra, Goa, Jammu and Kashmir, Ladakh, Uttarakhand and Himachal Pradesh.

The order win also comes on the back of a strong March quarter. Consolidated net profit jumped 68.32% to Rs 77.44 crore, while revenue climbed 65.05% to Rs 713.50 crore compared to the same quarter last year.

Despite this backdrop, the stock didn’t hold on to its early gains through the session.

By the close, the stock was trading at Rs 367.00 on BSE, down 2.12%, or Rs 7.95, from the previous close of Rs 374.95. It remains well below its 52 week high of Rs 626.65.

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