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.
Q2 FY26 Earnings Results
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Revenue from Operations: ₹300.69 crore, up 51.4% YoY from ₹198.50 crore in Q2 FY25, reflecting strong project execution and operational efficiency.
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EBITDA: ₹69 crore, up 57% YoY from ₹44 crore in Q2 FY25, with EBITDA margin expanding significantly due to operational leverage and cost control.
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Profit After Tax (PAT): ₹35.94 crore, a sharp 44% YoY increase from ₹24.94 crore, marking the highest-ever Q2 PAT on a consolidated basis for the company.
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Profit Before Tax (PBT): ₹53.97 crore, up 64% YoY, aided by falling tax rates and strong operational performance.
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Earnings Per Share (EPS): ₹5.36, up 43% from ₹3.74 in Q2 FY25.
Management Commentary & Strategic Insights
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Management highlighted the variability typical of project execution businesses causing quarterly volatility but expressed confidence in sustained annual growth.
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Operating margin improved from 17.56% in Q1 FY26 to 22.10% in Q2 FY26 due to better project mix and cost management.
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Interest expense rose due to working capital deployment with long-term debt increasing as part of capacity expansion efforts.
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Focus remains on capitalizing on the growing renewable energy sector in India with ongoing investments and strong client relationships.
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The company declared a 5% dividend, reflecting strong cash flows and shareholder value creation.
Q1 FY26 Earnings Results
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Revenue from Operations: ₹219.47 crore, up nearly 90% QoQ from ₹115.91 crore in Q4 FY25, showing a strong bounce back from seasonal impacts.
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Profit After Tax (PAT): ₹25.42 crore, up 39.6% YoY, continuing growth momentum from improved project execution and market recovery.
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EBITDA Margin: 17.56%, reflecting cost containment despite volatile topline.
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Earnings Per Share (EPS): ₹3.80, up from ₹2.70 in Q1 FY25.
To view the company’s previous earnings and latest concall transcripts, click here to visit the Alphastreet India news channel.