KP ENERGY Ltd (BSE: 539686) Q3 2026 Earnings Call dated Jan. 28, 2026
Corporate Participants:
Unidentified Speaker
Affan Faruk Patel — Director
Shabana Bajari — Chief Financial Officer
Alok Das — Chief Executive Officer
Analysts:
Unidentified Participant
Harsh Patel — Analyst
Darshil Pandya — Analyst
Shikha Mehta — Analyst
Parth Kotak — Analyst
Presentation:
operator
Ladies and gentlemen. Good day and welcome to KP Energies Limited Q3 and an FY26 earning conference call hosted by Share India Securities. As a reminder, all participant line will be in the listen only mode. And there will be an opportunity for you to ask questions after the presentation concludes. Should you need assistance during the conference call please signal an operator by pressing star then zero on your touchdown screen. Please note that this conference is being recorded. I now hand the conference over to Mr. Harsh Patel from Share India Securities. Thank you. And over to you sir.
Harsh Patel — Analyst
Thank you and good evening everyone. Congratulations on. I would like to congratulate the management on very good set of numbers. On behalf of Share India Securities I welcome you all to Q3FY26 earnings conference call of KP Energy. We are pleased to have with us the management team represented by Mr. Afan Karuk Patel. Ms. Sabana Bazaari Chief Financial Officer of KP Energy. Mr. Salim Yahoo Group CFO of the company. We will have the opening remarks from the management followed by question and answer session. Thank you. And over to you. Vinod.
Unidentified Speaker
Yeah. Thank you. Good afternoon. I welcome to all my investing community for this quarter. Third and earning call has already introduced. Let me again introduce along with me there is Mr. Afan Patel who is the who time director Alok Das who is the Group CEO. Mr. Salim Yahoo is the CFO of KPI Energy. KPI Green Energy. And Ms. Abana who is the CFO of KP Energy Limited. Again this quarter. Again KP Energy has done a very good performance. I will request Sabana to. Please. I will request Patel to Mr. Afan Patel to address the group and then take it forward.
Yeah. Thank you. You know sir.
Affan Faruk Patel — Director
Good evening all. I am Afan Paru Patel whole time Director of KP Energy limited. Thank you for joining us. Today I will briefly touch upon our performance but more importantly explain why KP Energy continues to stand out in India’s wind energy ecosystem. India’s renewable energy sector is entering a more mature phase. Larger turbine platform, hybrid and RTC models and compressed execution timeline are now becoming standard in this environment. Execution capability and control across the value chain matter far more than scale alone. AP Energy has deliberately built its business around this reality. We have secured and are executing 4x and 5x megawatt class WTG order.
A key difference of for KT Energy is our low dependency on external infrastructure. Our operation and maintenance service portfolio has crossed 600 megawatt. We also bring strong execution experience in EHV ESS and 33kV line and substation Equally important is our focus on people and governance with 28 IIM Ahmedabad alumini. Across leadership and management roles we continue to strengthen project control, financial discipline and scalable projects. What truly differentiate KP Energy is that we are the only player offering an end to end integrated solution. From wind and land identification to the equivalence of plant execution, transmission infrastructure, grid connectivity and long term oms.
This integrated model shortens timeline, lower execution risks and improves project economy for our customer. Alongside business growth, the group remains committed to social impact initiatives supporting healthcare, education, community development, infrastructure and assistance for the different differently able. Financially we have delivered strong execution led performance with a healthy order book and pipeline detail of which will be elaborated by our cfo. In summary, KP Energy is not just growing, we are building a resilient hard food applicate platform in India in India’s renewable energy sector well positioned for sustained value creation. Thank you for your continued trust. Over to you Shabanagar.
Shabana Bajari — Chief Financial Officer
Thank you Afan Sir Good evening everyone and welcome to the earnings call of KP Energy Limited towards the third quarter of financial year 2026. I’m Shabana Bajari, CFO and I’m joined with our whole time Director Mr. Afan Farooq Patel, Dr. Alok Das Group CEO and my colleague from finance team Mr. Salim Yahoo. Being the members of our leadership team, thank you for taking the time to be with us. We look forward to sharing insights on financial performance, key milestones and the outlook for the upcoming quarter. India has built significant scale in renewable energy with about 250 gigawatt of installed renewable capacity including 130 gigawatts of solar and 54 gigawatt of wind, placing the country among the top four globally.
Non fossil sources now account for about 50% of total installed power capacity, reflecting a decisive structural shift in energy mix. With annual renewable additions exceeding 40 gigawatt. Wind installations are regaining momentum and an estimated 25 to 30 gigawatt of repowering potential from aging wind sites. The current base provides a strong foundation against India’s 2030 target of 500 gigawatt of non fossil capacity. This trajectory is strongly supported by stable and forward looking government policies including long term renewable targets, competitive bidding frameworks, grid scale, evacuation planning and incentives for hybrid storage, linked and repowering projects. India’s electricity demand is projected to rise from about 1600 TWh today to about 3000 terawatt hours by 2030 driven by industrial growth, electrification, EV adoption data centers and urbanization necessitating about 150 gigawatt of wind capacity and a growing share of wind solar hybrid solutions to ensure grid stability and round the clock power availability.
Within this evolving landscape, KP Energy is strategically positioned in the wind and hybrid renewable ecosystem backed by strong execution capabilities across land acquisition, evacuation infrastructure and project delivery. Guided by a vision of building a resilient renewable infrastructure that supports India’s energy transition at scale, KP Energy continues to focus on scalable growth, disciplined deployment of resources and long term value creation. With these we are pleased to share the financial highlights of the recently released third quarter and nine month results for for the financial year 2526 results as uploaded indicating consistent execution operational improvements with steady progress in the right direction.
About the revenue growth the Company has reported the total revenue on a consolidated basis for the third quarter of FY26 at rupees 347.6 crores as against that at rupees 212.6 crores crores during the third quarter of FY25 thereby reporting an increase of about 63%. The cumulative nine month FY26 number reported at rupees 871.6 crores in comparison to that of nine months FY25 at rupees 549.8 crores representing a 59% growth. This being the highest ever quarterly total revenue on consolidated basis across all the third quarters of KP Energy. Profitability is currently at consolidated EBITDA of the third quarter of FY26 at rupees 77.2 crores representing a 75% increase in comparison to the third quarter of FY25 which stood at rupees 44.1 crore that for the nine months FY26 stood at rupees 195.4 crores as against rupees 118.2 crores during the nine months of FY25 representing a growth of 65%.
The profit before tax for the third quarter for FY26 was at rupees 57.5 crores compared to rupees 34 crores in the third quarter of the previous year reflecting an increase of 69% on a year over year basis that for the nine months for FY26 stood at 146.2 crores as against rupees 90 crores during the nine months ofFY25 representing a growth of 62%. The profit after tax for the third quarter of FY26 is reported at rupees 41.3 crores compared to rupees 26.4 crore in the third quarter of the previous Year reflecting a growth of 57%. That for the nine months at FY26 stood at rupees 102.7 crores as against rupees 69.5 crores during the nine months of the previous year representing a growth of 48% reflecting the company’s ongoing focus on creating value for the stakeholders.
The basic eps during the third quarter of FY26 stood at rupees 6.18 as compared to rupees 3.96 in the third quarter of the previous year reflecting a growth of 56%. Whereas that for the ninth month of the current year stood at least 15.36 per share as against that of rupees 10.43 per share during the previous nine months representing 47% growth. The current order book stands at about 2.18 gigawatt, inching us closer to the ambitious target of 10 gigawatts. On the group level, the current consolidated IPP portfolio stands at 48.5 megawatts including a combination of both wind and solar projects.
The quarterly unit Generation during the third quarter of FY26 rose from 2.21 crores rose to 2.21 crores from 0.73 crores during the third quarter of the previous year. The current O and M portfolio is at 644 plus megawatt where we offer end to end support including data driven diagnostics and efficiency enhancements focused on the balance of plant components. On behalf of the entire KP Energy team, I would like to express our sincere appreciation to our investors, partners and stakeholders for their continued trust and steadfast support throughout our journey. I would now open the forum for the question and answer session.
Thank you.
Questions and Answers:
operator
Thank you so much ma’. Am. Ladies and gentlemen, we’ll now begin with the question and answer session. Anyone who wishes to ask a question may press Star and one on their touchtone telephone. If you wish to remove yourself from the question queue, you may press star and two participants are request to use handsets while asking a question. Ladies and gentlemen, we’ll wait for a moment while the question queue assembles. Also before we proceed ahead. Ladies and gentlemen, in order to ensure that the management will able to address all question from the participant, we request you to kindly limit your question to one question per participant.
If you have a follow up question, please rejoin the queue. A first question come from the line of Darshil Pandya from fintrust Capital. Please go ahead.
Darshil Pandya
Hello. Hi, good evening. Am I audible?
operator
Yes, you are. Please go ahead with your question.
Darshil Pandya
Yeah, thank you. Shivanaji. Ma’, am. I just want to understand one thing. On the order front. We have been talking about, you know, potential orders since last two to three quarters. But nothing has been yet, you know, concretized. Just want to understand what. Where are we standing today and when are we expecting those orders that. That we were anticipating.
Shabana Bajari
I understand your question. We have our group CEO I would request Dr. D to please take forward.
Alok Das
So basically what happened order booking as a questions today. Yes. So we are basically predominantly, you know that Gujarat based project. We have been trying now there are certain policy and regulatory framework deferment had been happened because of the, you know, some sort of connectivity procedures and all. But nothing the least. We are almost through the sum of the orders. Probably next quarter you will be getting very good feedback about the order booking particularly some of the hybrid projects and some of the BOS projects. So that is almost finalization phase. So we will be declaring probably very soon for that and that tune that whatever the project have been, we have been projecting that tune.
We should maintain our status quo, the booking value and all other things.
Darshil Pandya
Understood. Ask you just because you know the street is might be expecting this orders since our last two to three quarters. So that was the reason. And second question was in regards to the current order book that we have, sir, about 2 gigawatt. What is the execution timeline now for this order book to become apart from the new one that we get?
Shabana Bajari
Yeah. So Dashal, we have multiple orders comprising in this 2.1 gigawatt and we expect a timeline between 12 to 18 months over different orders over the period which we will be closing this order book.
Darshil Pandya
Yeah, and how do we see Q4 now shaping up madam, since you know, whatever guidance as a KP group also we have given. It looks like Q4 has to be a very big number when we compare it to any of the fourth quarter that we do. How is the execution as of now that we see on the front?
Shabana Bajari
So as we have always been, you know, I mean we have been forward looking and we have been delivering exceptional results and we have been focusing more and more on execution. We definitely expect our Q4 to be also one of the highest you forever. That’s what we are aspiring for and looking forward and hopefully we will reach that particular level.
Darshil Pandya
All right, thank you so much and all the best to KP2.
Shabana Bajari
Thank you.
operator
Thank you. Our next question comes from the line of Aniket Panda from an individual investor Please go ahead.
Unidentified Participant
Yes, good evening, sir. So my question is like the company has projected that we will be growing at around 50, 60% growth this year and the coming year. Are we like sure about it that we will be doing it? Is the growth trajectory intact?
Shabana Bajari
So Aniket, thank you for your question. First of all, we would like to specify reiterate here that we have two plus gigawatt of orders already in hand. And this means we have almost, as I mentioned before, we have 12 to 18 months of execution already lined up under various orders. While some orders get executed within 12 months, we also have orders which will go beyond 12 months up to 18 months. So we already have orders on hand. And considering the current scenario at which the renewable energy pipeline is placed, we do look forward to have this consistent growth rate over the period of coming years.
Unidentified Participant
Okay. And my next question is like since we are majorly into wind power, this KP energy firm. So like after we untapped completely. Yeah. So like, like what do you see the opportunity in that? What like government fund? How many gigawatts will it come and how much AP can get and how much it can control? I mean, will it be the next season?
Shabana Bajari
Okay, I could not hear you very clearly, but I understand your question is on the future prospect of the wind segment and KP’s share in it. Am I, Am I right?
Unidentified Participant
After me, after wind. Yes.
Alok Das
Okay. Okay. This offshore wind. I will tell you what the things is happening now. Government of India has given a clear cut directive that you have to develop by 2030 about 1 gigawatt offshore wind power. Two state fundamentally they have declared. One is for Gujarat, another is for Tamil Nadu. In Gujarat and Tamil Nadu, some sort of RFQ has been under preparation and government has decided to go ahead. So Gujarat government has come out two proposal. One is offshore and other is near show. So that is also there in collaboration with central government imminent. So it is to be shortly declared.
But whatever the site generally offshore project takes about three to five years time. So that is what is the trajectory. But it will be starting probably by next next year on over some sort of movement and transit.
Unidentified Participant
Okay. Okay. I will come in line for the next questions which I have. Thank you.
Unidentified Participant
Yeah, please. Thanks.
operator
Thank you so much. My next question comes from the line of Shika Mehta from Time and Tide Advisors. Please go ahead.
Shikha Mehta
Hello ma’. Am. Congratulations on a great set of members. Am I audible?
Shabana Bajari
You are audible. Thank you.
Shikha Mehta
Yeah. So I wanted to understand. We signed an MoU with the Botswana government as well as Gujarat government. For sizes that look quite large. Is there any guidance on that, on when that can trickle into our order book or you know, what we’re expecting?
Alok Das
Yeah. As we have explained in our earlier call within KPI also. So we have guidance that by next couple of years we’ll first build the 500 megawatt in Botswana. Post that we are expected to, by 2030, we are expected to reach our goal of 5 gigawatt.
Shikha Mehta
So I was asking about the MoU with Botswana and with Gujarat government.
Alok Das
I’m talking about the Botswana government. I told you know. So we’ll first set up our 500 megawatt in Botswana and then we will set up another remaining portion to reach 5 gigawatt by 2030. Government MoU that we have signed. We are already investing in Gujarat. So we have setting up plants and everything. There’s a part of, I mean MOU clearly state that you have to invest in Gujarat. So we are already setting up in Gujarat, various other plants and everything. There is a part on that only.
Shikha Mehta
Understood. And so if I can just slip in one more question. Was our cash flow from operation positive for the nine months gone by?
Alok Das
Yes.
Shikha Mehta
It’S positive. All right. I’ll come back in the queue.
operator
Thank you so much. Our next question comes from the line of Parth Kotak from Plus 91 Asset Management. Please go ahead.
Parth Kotak
Hi. Thanks for taking my question, sir. I’m sorry if I would have missed, ma’, am, the couple of things. One, the 2.18 gigawatts of projects in hand, I’m assuming are all CPP. Right. And what would be the quantum in terms of rupees? Crores of these orders?
Shabana Bajari
Yeah. So yes, the 2.18. What we have disclosed as the current order in hand is definitely all CPP projects. And in terms of value, it will be roughly around 2,600 plus crores.
Parth Kotak
2,600 plus crores. Okay, just to run some quick math, does that, does that mean that the realization per megawatt would be about 2 crores of rupees?
Shabana Bajari
No, I would like to clarify here. That is not how it works. So why the sales gets booked into. I mean the, the contract execution happens on a gradual basis and the revenue gets booked based on the execution and the portion of completed contract the megawatt gets reduced or, you know, charged based on the actual charging at the plant. So while we may have lots of megawatt covered in here in this order book of 2.1 crore for which the revenue might have been booked in the earlier years. So we Cannot think the makeup together with the revenue which is on hand.
Parth Kotak
Got it. And so would it be fair to assume that realization per megawatt, while not exact numbers, would be about 5 crores rupees for wind power?
Shabana Bajari
It depends. Part it depends whether because wind is a different ball game altogether. You have the EHV, you have the 33kV line and it is not positioned at one location. There are multiple locations across multiple turbines. And that is why we may not be able to give a concrete number. But where you include the scope as a generic term to include a normal wtg, not a very heavy built one, and also a small time component of the EHV, you can roughly say it is about 7 and a half to 8 crores per megawatt including the cost of turbine.
Parth Kotak
Okay, perfect. Ma’, am, that’s helpful. If I may just squeeze in one last question. There has been no new guidance about the IPP projects that we are going to execute and might have the pipeline for FY27. So if you could please help with that.
Shabana Bajari
So as we have already mentioned before that our target at KP Energy is to have 100 megawatt of IPP overall by 2027, 28. And here we have already completed 48.5. So the balance 51.5. We are looking forward to complete it well before the timeline.
Parth Kotak
Agreed. Because if I may add, you have the balance sheet to do these kind of projects. But anyways, I think we’ll wait for.
Shabana Bajari
In a very, in a very near future you will be getting some news on the IPP segment as well. We would like to wait till the things materialize properly.
Parth Kotak
Sure, sure. Thanks man. Thanks. I might join the queue for further questions.
Shabana Bajari
Thank you. Past.
operator
Thank you so much. Ladies and gentlemen. Anyone who wishes to ask a question may press star and one on the test on telephone. Our next question comes from the line of Darshil Pandya from Pinterest Capital. Please go ahead.
Darshil Pandya
Thank you for taking the question again. So just want to confirm from the CEO sir that the orders that sir just mentioned about you know, getting in the quarter. So it is this quarter, right? The ongoing quarter.
Alok Das
Yeah, yeah, yeah. I just repeat for that.
Darshil Pandya
This quarter only. Right. So that, that, that. Yeah. And just, just, just advice for the, for the KP group or the management side if you can you know, do some meetings for the. In between the quarters or something. That would be really nice to take update from the management as to what the company’s affair is because of lately we just you know, completely go off from the earnings Season and then we come back again. So just an advice or suggestion if you can take it.
Darshil Pandya
Sure. Darshan. Thank you. Well noted.
Shabana Bajari
Yeah, thank you so much.
operator
Thank you. Our next question comes from the line of Ashish Jindal, an individual investor. Please go ahead.
Unidentified Participant
Good evening, sir. Good evening, ma’. Am. We have three listed companies in the group. The engineering firm is in the manufacturing business. And KPI and KP is in epc. So do you not think that KPI and KPE will be better if they both are merged into one entity? I’m saying this is because first Leto, KPI has terminal value due to higher IPV share, right? And they get a share of battery energy storage and even maybe transmission in the future. While we are just left with the wind power. Additionally, the merger will reduce the number of related party transactions within the group. So do you have any views on this?
Alok Das
Hello. Yeah, hi Ashish. You need to see that we have different vertical. These are different verticals. Wind is a different vertical for us. Solar is a different vertical. When it comes to hybrid, whatever the wind portion comes, it is passed on to KP Energy. Even if KPI is doing its IPP And KPI has focus on more on IPP model. Because of its strong, you know, market cap also having a strong network, it isn’t able to do more of ipv. Similarly, we are increasing KP energy also as madam said that, you know, we’ll be increasing our IPP portfolio because that will give us strength.
And when it comes to battery energy store up, it is into KPI only as in its subsidy. So we will be short linking IPP of that company also. That will be again a separate company which is every business has to be, you know, scattered separately. It needs its own characteristic. It has to be, you know, dealt separately. We have separate teams for that. Accordingly we are planning it out. Just like if you see in banking. SBI Card has a different company. SBI bank is a different altogether. SBI Life insurance. Well, all of them are kind of.
If you say they are all finance sector only. But they are different because there are different characteristic and we have to deal with them. So that’s why we have different. Different companies. Nevertheless, KP Energy is also growing simultaneously and will grow substantially as compared to kpio.
Unidentified Participant
Okay, so this is just my like one point to note. None that if. If they meet if they may be merged. So the related parties transactions within the group may also decrease. So I just wanted to add.
Alok Das
Okay.
operator
Thank you. Ladies and gentlemen. Anyone who wishes to ask a question may press star N1 on the touchdown telephone. Next question comes from the line of among Adatia an individual investor. Please go ahead.
Unidentified Participant
Good evening ma’. Am. Am I audible?
Alok Das
Yes, you are.
Unidentified Participant
Ma’, am, I just want to ask a question regarding the order book. Can I just. Can you just let me know? Bifurcation between KPI green order book and non KPI green order book.
Shabana Bajari
Currently in terms of value about 70% is the current order book from KPI and about balance 30% is from the non KPI. As you are already aware that KPI is proposing to set up its own IPP plant which is both hybrid and wind as well. And that is where the expertise of wind definitely lacks KP energy. And that is the reason why the order of which is an IPP which is a capex of KPI has been, you know outsourced to KP Energy.
Unidentified Participant
Okay, one follow up question regarding the in last con call around May 2025 you had. You had told that company will be will be progressing around 60 to 70% year on year basis. So in one of the fellow members asked a question regarding the quarter four update. So you told that quarter four will be. The number will be bigger. So if I. If I count math that implies around 550 to 600 crores of the plan, is that feasible?
Shabana Bajari
So sir, as you are already aware that the total order in hand is about 2,600 plus. And there are certain orders which are closing sooner because the execution is getting completed. And also that the revenue in our books is based on the completed activities. And we are very, very. I mean we have planned and we are committed to ensure that our execution goes on the basis of our planning. And we will definitely achieve a larger number going forward.
Unidentified Participant
I mean for next year also 50 to 60% of top line will be feasible.
Shabana Bajari
Yes sir. I think I’ve already answered this question before and I would like to repeat it here that as we already spoke we have 2,600 plus orders already on. And as our group CEO Dr. Das mentioned that in this quarter we will also be having an outpouring of orders income which are on the final stages. And almost the closure is almost done. So we definitely look forward to this growth pattern considering the availability of the market. And also very few players who work with the kind of capacity and the experience and the scope that we garner.
Unidentified Participant
Okay, thank you ma’. Am. Thank you very much for taking my questions.
Shabana Bajari
My pleasure.
operator
Thank you so much. Ladies and gentlemen, anyone who wishes to ask a question may press star in one on their touchdown telephone. Our next Question comes from the line of Aniket Panda, an individual investor. Please go ahead.
Unidentified Participant
Yes, so my question is like the company, as I already told that we are growing at a very good rate, around 50 to 60. But the thing is, I think if there are more institutional backing into PP Energy, that will be great. So are we having any negotiations with any of the funds for, you know, for. So that the FI holding DI is holding increase in our company?
Alok Das
It is not that you negotiate with them and that we do the presentation, we do reports, we do research reports, we speak to them. So they. They factor us and they have their internal meetings and everything. If the CIO is meeting, we meet them and we explain them our trajectory, we explain them our performance and on that basis they enter just like they have entered in. You need to understand, in KPI they entered because there was a qip of thousand crore and everything because they got a bit. So whenever this market cap goes to a certain level, after that the enters the FI and institutions also enter.
So shortly we’ll see that once the market, you know, improves a bit and then the growth is there, so they will automatically come into it.
Unidentified Participant
Okay. Okay. My next question is regarding the. Like the, the projection which we have like the 50 60% projection for that. Are we planning for an equity division or. Or it we can meet with. With the, you know, the revenue we generate, the cash flow we generate will be able to meet it with the. Yes.
Parth Kotak
Internal exams are quite sufficient enough. Recently, if you have seen, we have, you know, raised warrants through which some portion of equity has also come into the company. So the IT techno which we are going to increase slowly, slowly for that that equity can also be used or internal equals can be used. But at present we are, we have quite sufficient. The cash flows are very good. So we don’t need any kind of dilution at that.
Unidentified Participant
Okay, just one last question. So the increase in the prices of, you know, the raw materials commodity because of this tariff, do you see any increase in the raw material cost or something which can affect the margin.
Alok Das
For us? Raw material is what I mean, the turbines. So turbines. We take it at the price and that is already we hedge naturally when we book the orders and everything. The other raw material that is required is the structures and the evacuation lines and everything. So for that we already have inventories and we plan it accordingly so that if there is an increase in price, we. If the prices are low, you know, we stock up the inventory and if there is big order or something, the clause of, you know, any escalation in the price beyond a certain portion is automatically passed on to the customer.
Unidentified Participant
Okay, thank you so much. I’m an investor of the company and I’m very much optimist about the company future. Thank you so much. I trust your management.
Alok Das
Yes, thank you for your trust and believe.
operator
Thank you so much. Ladies and gentlemen, anyone who wishes to ask a question may press star and one on their touch on telephone. Our next question comes from the line of Shika Mehta from Time and Tide Advices. Please go ahead.
Shikha Mehta
I just had a follow up question. I think earlier with regards to the order book from KPI agreement we mentioned that 70% is currently from KPI. I think in FY25 around close to 50% of our total revenue was from KPI. I think in the annual report it was around 405 crore coming from KPI green. So is there any guidance on how much that is so far for the nine months and what is expected to be in FY26 and going forward?
Shabana Bajari
So as you already we’ve mentioned that about 70% is the current order book. That is roughly about 1800 plus crores around 1850. And this particular order book, since there are. I mean it’s in the best interest of both the entities, both KPI and KP Energy that we execute these orders faster. The reason being it becomes a CPP for us. I mean the EPC contract for KP Energy. But it also becomes an IPP for KPI. And an early execution means an early revenue for KPI as well. So in the best interest of both the organizations we are looking forward to execute it in coming 18 to 24 months.
Shikha Mehta
Yeah. So ma’, am looking to understand how much percentage of our revenue is currently from KPI. Because in FY25 annual report the number was 405 crore against a total revenue of 936 crore. So how much would that be for the nine month and on what that would be for the full year.
Shabana Bajari
For the quarter. I actually have the number for the quarter. So for the current quarter it’s about 250plus crores. That has been the number from KPI. Out of total 328 of the EPC business that we are talking about.
Shikha Mehta
Majority currently is coming from KPI. Saraji. Yes. And ma’, am, what is our current bid pipeline? And out of our bid pipeline I’m assuming the entirety would be non KPI orders. Right?
Shabana Bajari
The bid pipeline. Of course. I’ll request Dr. Das to mention however the current whatever KPI’s orders are already given to us the new bit pipeline will definitely be from non KPI related portion. Dr. Das, if you can brief on the Beats pipeline.
Alok Das
Yeah, I’m not talking about KPI. Let’s talk about KPE consulting. Whatever. The bit pipeline is coming about 100 gigawatt bit. Yes, 100 megawatt and this is directly bidding and another non bid that should be another 7 to 800 megawatt that consists of certain portion of EPC and certain of the balance of contract for BOS. So we will be supplying on behalf of our company. We will be giving the voice supply contract for the, you know various customer and for bidding. I told for this. So just in a nutshell, you can take for near about 500 megawatt.
Should be a pipeline for that.
Shikha Mehta
Thank you.
operator
Thank you. Ladies and gentlemen. Anyone who wishes to ask a question one on the test on telephone. Is there a no further question from the participant. I would like to hand the conference over to the management for the closing comments. Thank you. And over to the management.
Affan Faruk Patel
Thank you. Thank you everybody. I hope that everybody get the satisfactory answer from our management team. And thanks for your participation, interest in our company and support to our company. Thank you very much.
Shabana Bajari
Thank you everyone.
Alok Das
Thank you all.
operator
Thank you so much. Ladies and gentlemen, on behalf of Share India securities. That concludes this conference. Thank you for joining us and you may now disconnect your lines. Sam.