KPI Green Energy Share Price

KPI Green Energy Limited, with operations in͏ Sur͏a͏t, is an Indian renewable energy company engaged in the business of solar power. The company focuses on solar power, engineering, procurement and construction services, along with independent power production. KP͏I Green Energy has established a foothold in grid-connected s͏ol͏ar ͏projects, captive power solutions, and long-term p͏ower purcha͏se agreements. The KPI Green Energy share price on BSE and NSE indicates the sentiment of market participants towards the latest developments in the renewable energy sector and the company’s performance in India’s clean energy transition.  

KP͏I Green Energy’s stock price is affected by factors like project commissioning schedules, additio͏ns to capacity, power purchase agreements, renewable energy-related-tariffs, and changes in power tariffs. Over longer periods, execution size, solar capacity utilisation, grid integration, and policy stability determine broader stock market sentiment. These operational and regulatory factors combined determine the responsiveness of the KPI Green Energy share price to changes in market conditions over time.  

The KPI Green Energy live share price provides up-to-date information on the traded price, bid-ask levels and trading vol­ume. These are liquidity and short-term market behaviour indicators, responding to sector announcements, regulatory updates, earnings disclosure and general movements in power and infrastructure stocks. Continuous monitoring of the KPI Green Energy live price helps in observing short term volatility and relative performance against energy sector indices.  

Tracking the KPI Green Energy share price today also provides market participants with insights into real-time sentiment, intraday volatility, and trading activity. It facilitates the evaluation of short-term responses to policy announcements, quarterly results, and renewable energy events that affect valuation expectations and overall market positioning.  

KPI Green Energy Limited Company Fundamentals 

KPI Green Energy Company Background 

KPI Green Energy Limited is the solar and hybrid energy arm of the KP Group and operates as a Gujarat-based renewable power company. Incorporated in February 2008, the company focuses on generating solar and hybrid power across multiple business verticals. It develops, builds, owns, operates, and maintains renewable energy assets as an Independent Power Producer (IPP). In addition, it provides end-to-end services to Captive Power Producers (CPPs) under its established brand name, “Solarism.” Through this dual business model, KPI Green Energy supports industrial and commercial consumers while contributing to India’s expanding renewable energy capacity and the transition towards cleaner and sustainable power solutions. 

KPI Green Energy Company Product Lines 

• Grid-connected solar power generation under the Independent Power Producer (IPP) model 
• Grid-connected hybrid (solar + wind) power generation under IPP model 
• Sale of solar power to third-party consumers through long-term Power Purchase Agreements (PPAs) 
• Solar power projects developed and operated under the “Solarism” brand 
• Captive solar power plants for industrial and commercial consumers (CPP model) 
• Captive hybrid power plants for customer-specific energy requirements 
• Turnkey development of solar power projects for Captive Power Producers 
• Transfer of ownership of captive solar projects to customers 
• Operation and Maintenance (O&M) services for solar and hybrid power plants 
• Shared power evacuation infrastructure and transmission connectivity solutions 
• Development of grid-connected land banks for solar power generation 

KPI Green Energy Company Revenue Model 

• Sale of Solar Power under Independent Power Producer (IPP) model – Revenue from selling power generated from owned solar and hybrid plants to third-party industrial consumers under long-term Power Purchase Agreements (PPAs).  
• Sale of Solar Power under Captive Power Producer (CPP) model – Revenue from developing, transferring, operating and maintaining grid-connected solar power projects for CPP clients for their own consumption needs.  
• EPC (Engineering, Procurement & Construction) Services – Revenue from turnkey solar and hybrid renewable energy project development for clients, including design, construction, and grid connection.  
• Operations & Maintenance (O&M) Services – Long-term revenue from service contracts for operating and maintaining solar/hybrid power plants.  
• Sale/Lease-back of Industrial Plots – Revenue from selling land parcels (often leased back for solar power generation) as part of land monetisation strategies.  
• Hybrid Renewable Energy Projects – Revenue from integrated solar-wind and other hybrid power solutions under the company’s power generation portfolio.  
• Annuity/Transmission Infrastructure Access – Revenue via power evacuation infrastructure and transmission services where applicable as part of project execution contracts 

KPI Green Energy Geographic Presence 

• Gujarat, India: Major concentration of solar and wind-solar hybrid projects. 
• Expanding presence across other states within India. 

KPI Green Energy Leadership  

Some of the key leaders of KPI Green Energy Limited as of January 2026 are  

• Faruk G. Patel – Chairman & Managing Director 
• Moh. Sohil Yusufbhai Dabhoya – Whole Time Director 
• Alok Das – Group CEO 
• Surinder Kumar Negi – Chief Operating Officer 
• Venu Birappa – Non-Executive Independent Director 
• Bhadrabala Dhimant Joshi – Non-Executive Non-Independent Director 
• Mohamed Hanif Mohamed Habib Dalchawal – Non-Executive Independent Director 
• Sharadchandra Babhutabhai Patil – Non-Executive Independent Director 
• Shanker Baheria – Non-Executive Independent Director 
• Tejpalsingh Jagatsingh Bisht – Non-Executive Independent Director 
• Amitkumar Subashchandra Khandelwal – Non-Executive Non-Independent Director 
• Satya Gopal – Non-Executive Independent Director 
• Salim Suleman Yahoo – Chief Financial Officer 
• Manoj Mishra – Head Projects 
• Rafik Burma – Project Head 
• Shamim Khan – General Manager – Projects 
• Chandravadan Raval – Vice President – Projects 

KPI Green Energy Key Milestones 

• 1 February 2008 – Incorporated as KPI Global Infrastructure Limited in Mumbai. 
• 22 August 2008 – Obtained Certificate of Commencement of Business. 
• 6 April 2022 – Name changed to KPI Green Energy Limited. 
• 2013 – Received feasibility study from GETCO for power evacuation from Solarism Plant to Amod Substation. 
• 2014 – Construction commenced of 13.25 km 66 KV transmission line for power evacuation. 
• 2016 – Commissioned first 5 MW solar power plant at Solarism Plant. 
• January 2019 – Initial Public Offer of 49,92,000 equity shares, raising ₹39.94 crore. 
• June 2019 – KPIG Energia Pvt Ltd and Sun Drops Energia Pvt Ltd became wholly-owned subsidiaries. 
• 2019-20 – Commissioned 25 MW IPP (total 40.762 MW) and 3.12 MW CPP (total 6.20 MW). 
• 2023 – Commissioned 26.10 MW first Wind-Solar Hybrid Plant; cumulative 300+ MW IPP & CPP. 
• 2024 – Acquired 99.90% of KPark Sunbeat Pvt Ltd; installed Centralised Network Operations Center (NOC). 
• FY25 – Launched Asia’s first 1 MW green hydrogen plant in Matar, Bharuch; doubled operational capacity from 445 MW to 950 MW; signed PPA with GUVNL for 50 MW solar-wind hybrid project; signed MoUs with Rajasthan, Odisha, and Madhya Pradesh for large-scale renewable projects. 

Industry Perspective 

The renewable energy sector in India is a growing segment of the country’s energy landscape. It includes sources such as solar, wind, and other sustainable technologies, contributing to diversification of energy supply. Expansion in this sector is supported by government policies, technological advancements, and increased adoption of clean energy solutions. Companies in this space are engaged in manufacturing, project development, and service provision across renewable technologies. The sector plays a role in supporting environmental sustainability and energy security. Its activities are primarily focused on developing infrastructure, improving efficiency, and making renewable energy more accessible. 

KPI Green Energy Limited Stock Market Presence: Listings & Index Representation 

KPI Green Energy Limited is listed on the National Stock Exchange and the Bombay Stock Exchange, marking its formal entry into India’s public equity markets. The company’s listing enabled wider participation from retail and institutional investors and provided visibility within the listed renewable energy universe. Since listing, KPI Green Energy share price on NSE and BSE has reflected changing market views on renewable energy adoption, project execution, and sectoral growth prospects. 

KPI Green Energy forms part of several recognised indices, including Nifty Microcap 250, Nifty Total Market Index, S&P BSE Small Cap, S&P BSE MidSmallCap, BSE 1000, S&P BSE Allcap, and S&P BSE Utilities. Inclusion in these indices places the company within broader equity benchmarks that track microcap, small-cap, and utilities-focused stocks across Indian markets. 

KPI Green Energy stock price is closely monitored due to its index representation within power and utilities-linked benchmarks. Index inclusion improves liquidity, enhances institutional tracking, and aligns the stock with broader sector movements. Presence across NSE and BSE supports transparent price discovery and reflects its positioning within India’s expanding renewable energy ecosystem. 

KPI Green Energy Limited Stock Performance and Share Price History 

KPI Green Energy share price on NSE reflects its position as a leading renewable energy company in India. Performance is influenced by project commissioning, power generation capacity, revenue growth, operational efficiency, and government policies on renewable energy. Investors often compare KPI Green Energy share price today with Nifty50, Sensex, and the power sector index to assess relative performance. 

These underlying factors are visible through real market movements across different periods. Similar trends emerge during earnings announcements and project expansion phases. Broader sector strength and government renewable energy incentives also impact KPI Green Energy share price. Additionally, corporate actions such as bonus shares or rights issues can influence KPI Green Energy share price movements in the short term, even when fundamentals remain strong. This indicates how corporate events can trigger short-term swings in a regulated framework driven by renewable energy policies and market dynamics. 

Short-term movements reflect events and announcements, whereas longer-term valuation trends are captured through KPI Green Energy share price 52-week high and low. Highs indicate strong project execution and robust demand for clean energy, while lows correspond to market corrections, sector volatility, or temporary operational challenges. These levels provide context for the stock’s historical performance and investor expectations. 

KPI Green Energy stock performance illustrates the trading behaviour of a renewable energy firm expanding in India’s regulated power sector. The company’s project pipeline, operational scale, and revenue diversification have shaped KPI Green Energy share price history. Over time, the stock has shown periods of rapid gains, particularly in line with new project additions and policy support, alongside phases of consolidation. 

From the early 2020s onwards, KPI Green Energy witnessed strong growth, with notable returns in 2023 and 2024. The company’s stock price experienced sharp corrections during global and sector-specific disruptions in 2025, reflected in a half-year decline of -19.52%. Despite these short-term decreases, KPI Green Energy share price recovered, registering a 6.02% gain over one year, and longer-term growth remains robust with three-year returns at 577.92% and five-year returns at 3,366.41%. 

KPI Green Energy share price today reflects real-time investor sentiment, project performance, and sector dynamics. Short-term declines in 2025, including quarterly losses of -7.26% and half-year underperformance of -19.52%, were largely due to delayed project commissioning, sectoral demand fluctuations, and temporary cost overruns. Seasonal patterns also contributed, as Q1 and Q3 typically experience lower generation efficiency compared to Q2 and Q4. 

Over the long term, KPI Green Energy share price demonstrates strong returns aligned with India’s renewable energy growth trajectory. The stock has delivered remarkable wealth creation, with ten-year returns exceeding 3,366%, highlighting consistent expansion of capacity, execution of projects, and alignment with government renewable energy initiatives. Short-term volatility remains present, but the overall trend underscores substantial growth potential. 

KPI Green Energy stock price movements are influenced by operational efficiency, capacity additions, cost management, and sectoral policies. Investors track daily, weekly, monthly, and quarterly changes to gauge market reactions. The company’s share price shows resilience despite short-term fluctuations, indicating robust investor interest in India’s renewable energy sector and the company’s growing presence within it. 

KPI Green Energy Limited Investor Relevance and Portfolio Role 

KPI Green Energy is a key holding for renewable energy-focused and power-sector portfolios, providing exposure to operational power projects, project execution, and revenue from clean energy generation. Inclusion in indices such as Nifty Microcap 250, Nifty Total Market, S&P BSE SmallCap, S&P BSE MidSmallCap, BSE 1000, S&P BSE Allcap, and S&P BSE Utilities underscores its economic and strategic relevance. Strong project execution, diversified revenue streams, and sector compliance make KPI Green Energy a core consideration for long-term institutional allocations. 

KPI Green Energy equity is held by a wide range of domestic and international institutional investors. Prominent institutional stakeholders include The Vanguard Group, Inc., Norges Bank Investment Management, Morgan Stanley, V Joshi Impex Private Limited, Ökoworld Lux S.A., Vaibhav Investments Limited, BlackRock, Inc., Quyosh Energia Private Limited, Dimensional Fund Advisors LP, and Motilal Oswal Asset Management Company Limited. 

Leading mutual fund holders feature Government Pension Fund Global, Vanguard STAR Funds – Vanguard Total International Stock ETF, Ökoworld Growing Markets 2.0, Vanguard International Equity Index Funds – Vanguard FTSE Emerging Markets ETF, iShares, Inc. – iShares Core MSCI Emerging Markets ETF, Okoworld Klima, Vanguard Fiduciary Trust Company Institutional Total International Stock Market Index Trust II, and Motilal Oswal AMC Ltd. – Motilal Oswal Nifty Microcap 250 Index Fund. This broad ownership highlights KPI Green Energy’s relevance in both domestic and global portfolios. 

Beyond ownership, KPI Green Energy stock is monitored in derivatives markets, with open interest and technical indicators reflecting expectations on project execution, revenue growth, and policy developments. Beta metrics provide insight into volatility: daily one-month range at 3.15, three-month range at 2.08, weekly one-year range at 2.44, weekly two-year range at 1.86, two-week two-year range at 1.83, and monthly two-year range at 1.20, with a long-term beta of 0.882. These figures indicate moderate correlation with broader market movements and measured volatility relative to peers. 

Technical indicators such as RSI, MACD, and MFI provide additional insights into short-term momentum shifts in KPI Green Energy stock price. While primarily used for near-term trading, these tools help portfolio managers evaluate market sentiment, potential volatility, and risk exposure around major sectoral or corporate events. 

KPI Green Energy Limited Sectoral Relevance and Peer Positioning 

KPI Green Energy sectoral relevance stems from its scale in renewable power generation, project pipeline execution, operational efficiency, and adherence to government energy policies, establishing it as a significant player in India’s renewable energy sector. Peer comparisons with Adani Green Energy, ReNew Power, Tata Power, and Suzlon Energy focus on project capacity, operational efficiency, revenue growth, and policy compliance rather than short-term stock movements. These benchmarks help investors assess operational scale, efficiency, and regulatory adherence. Institutional tracking of capacity addition, revenue growth, government incentives, and operational metrics highlights KPI Green Energy’s systemic importance and positioning within India’s renewable energy landscape. 

KPI Green Energy P/E ratio demonstrates market valuation of earnings relative to operational performance. For FY Mar-25, the P/E ratio stood at 25.17, up from 18.02 in Mar-24, representing a 39.66% increase. Trailing twelve months P/E for Mar-25 is 22.02, with a five-year average P/E of 9.77. Historical P/E reached its lowest at 0 in Mar-21, indicating early-stage expansion phases. 

KPI Green Energy EPS trends show operational performance and income generation from project operations. KPI Green Energy EPS for Mar-25 stands at 16.23, down from 28.17 in Mar-24 and 30.33 in Mar-23, reflecting variations in revenue recognition and operational costs. Market capitalization underscores its prominence, with a market cap of ₹87.56 billion as of Jan 16, 2026, down -11.84% from the previous year, and enterprise value at ₹106.82 billion. The company has grown from ₹1.47 billion in Jan 2019 to ₹87.56 billion in Jan 2026, a 5,861.15% increase, showing long-term expansion. 

KPI Green Energy market cap trends and sectoral metrics demonstrate operational scale, stability, and influence. Revenue in Mar-25 reached ₹1,735.45 crore, with total operating expenses at ₹1,311.65 crore and net income of ₹319.58 crore. CAGR over five years shows robust growth in total revenue at 97.44%, operating profit at 95.08%, and net income at 119.53%, reflecting strong project execution and operational efficiency. 

KPI Green Energy earnings trajectory reflects steady growth. From Mar-19 to Mar-25, revenue increased from ₹34.51 crore to ₹1,735.45 crore, gross profit from ₹21.90 crore to ₹821.09 crore, and net income applicable to common shares from ₹8.90 crore to ₹319.58 crore. These trends reflect consistent scale expansion, operational efficiency, and growing prominence relative to peers in India’s renewable energy sector. 

Summary 

KPI Green Energy Limited, based in Surat, operates in the solar and hybrid renewable energy sector, providing grid-connected solar and hybrid power projects, captive power solutions, and EPC and O&M services. Its diversified business model includes Independent Power Producer (IPP) and Captive Power Producer (CPP) operations, long-term PPAs, and hybrid energy solutions under the “Solarism” brand. Listed on NSE and BSE, the company’s stock reflects market views on project execution, capacity expansion, and regulatory developments. KPI Green Energy share price captures these operational and sectoral dynamics, highlighting long-term growth and portfolio relevance.