Multibagger Green energy stock trading at discount of more than 45% to add to your watchlist

The Indian Stock markets are trading in the red in the past few sessions and Nifty 50 was near 22,900 which is around 13 percent down from its 52 week high of 26,200 range. The green energy segment is rapidly growing especially in India and around 15 Indian renewable energy stocks surging over 100 percent in the past year alone.

Price Action

A smallcap green energy stock that is focused on providing solar power through different business verticals is trading at a discount of 46 percent from its 52 week high of Rs 745. The shares of KPI Green Energy Ltd, with a market capitalization of Rs 7,767.33 on Wednesday, closed at Rs 394.5 hitting an upper circuit of 5 percent. The shares generated impressive returns of 743 percent in the past three years, and 2,702 percent in the past five years respectively. 

Financials

The company reported a YoY growth of 39 percent in Revenue from operations from Rs 330 in Q3FY24 Crores to Rs 458 Crores in Q3FY25. Their Net Profits also increased by 67 percent from Rs 51 Crores to Rs 85 Crores over the same period. 

On the operating level, EBITDA increased by 32% YoY to Rs 137 crore, compared to Rs 104 crore in the year-ago period. 

Company Highlights

The company’s installed IPP capacity is 171+ MW, CPP Capacity is 362+ MW, and Cumulative Capacity is 533+ MW as of January 15, 2025, also the company has 2.87+ GW orders in hand. The company has an overall capacity of 3.4+ GW and has set an ambitious target of 10GW by 2030. 

The company’s land bank has increased from 3,071 acres in September 2024 to 4,180 acres in January 2025. Its Power Evaluation capacity has increased from 2.35+ GW to 2.59+ GW over the same period. 

KPI Green Energy Limited has recently signed an MoU with the Government of Odisha for the establishment of Renewable Energy Parks and has signed an MoU with the Government of Rajasthan for the development of Hybrid, Solar & Wind Power Projects.  

Also read: FII turns net buyer after 9 sessions of selling; Will this trend continue?

Recent Order

As per a press release dated January 30, 2025, KPI Green Energy Limited has successfully signed Contract Agreement with Coal India Limited to develop a 300 MWAC grid-connected ground-mounted solar PV plant with Operation & Maintenance (O&M) services for five years at GIPCL’s Solar Park in Khavda, Gujarat. The contract price is ₹1,311.40 Crore, with completion expected by November 2025. 

Bonus History

The company has given three bonuses in the past two years since January 18, 2023. It announced a bonus issue in the ratio of 1:1 on 18, January 2023. On 15 February 2024, the company issued bonus shares at a ratio of 1:2. And recently on 3 January 2025, the company announced a bonus issue in the ratio of 1:2

About KPI Green Energy

KPI Green Energy Limited serves as the solar and hybrid energy division of the KP Group. As a leading solar and hybrid power generation company based in Gujarat, it has been at the forefront of the industry since its incorporation in February 2008. 

Under the brand name ‘Solarism,’ KPI Green Energy Limited develops, constructs, owns, operates, and maintains solar and hybrid power plants. It functions as an Independent Power Producer (IPP) and as a service provider for Captive Power Producers (CPP), supporting clients with end-to-end energy solutions.

Written By Adhvaitha Nayani

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. Dailyraven Technologies 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 Multibagger Green energy stock trading at discount of more than 45% to add to your watchlist appeared first on Trade Brains.