Renewable Energy Share; 21% Return In 5 Days; Got Solar Plant Order; Target Price
During trading, the stock hit an upper circuit of 10 percent and its price reached Rs 1,823.80. It is the 52-week highest of the stock.
In March 2023, the share had touched a 52-week low of Rs 388.55.
Reason For The Rise In Shares
KPI Green Energy Limited told the stock market that the company’s wholly owned subsidiary KPIG Energia Private Limited has received an order for a 5MW capacity solar power plant from Skywin Paper Industries Private Limited.
The share was in demand due to orders received under the captive power producers segment.
As per the firm, according to the conditions of the contract it is planned to be completed during the fiscal year 2024-25..
Earlier on January 19 also, the company had informed the stock market about an order.
KPI Green Energy Limited received a new order for a 5.60 MW solar energy plant under the Captive Power Producer (“CPP”) segment, the company said.
The Company Distributing Bonus Shares
KPI Green Energy Limited is also distributing bonus shares to its investors. The company has decided to offer bonus shares in the ratio of 1:2.
It means shareholders of this company would receive a bonus of 1 share per 2 shares owned.. The record date for this is fixed as 15 February 2024.
Regarding the company’s shareholdings structure, up to December, the promoter’s stake was 53.08 percent.. At the same time, public shareholding was 46.92 percent.
2-year Return
Shares of KPI Green Energy Limited have given a return of 635 percent to investors in two years against BSE. At the same time, the one-year return has been 304.28 percent.
If we look at the returns for six months, three months, or one month, they were also positive.
About KPI Green Energy
KPI Green Energy Limited (Formerly known as K.P.I. Global Infrastructure Limited) is an Indian solar power production company. The company was founded on February 28, 2008.
This is the Renewable division part of KP Group and a prominent Gujarat-based Renewable power generation company.
It offers its services as the designation of an Independent Power Producer (IPP) and Captive Power Producer (CPP) under the brand name of ‘Solarism’.
Its CPP segment designs, develops, operates, transfers, as well as maintains solar grid-connected power facilities.
IPP and CPP Plants are located in the Sudi, Samiyala, Tanchha, and Bhimpura villages located in the Amod Taluka in the Bharuch district, Gujarat (Solarism Plant).
Fundamental Analysis of KPI Green Energy Ltd
| Market Cap | ₹ 7,319 Cr. |
| Current Price | ₹ 1,821 |
| 52-wk High | ₹ 1,824 |
| 52-wk Low | ₹ 389 |
| Stock P/E | 54.4 |
| Book Value | ₹ 89.9 |
| Dividend | 0.8 % |
| ROCE | 24.7 % |
| ROE | 53.4 % |
| Face Value | ₹ 10.0 |
| P/B Value | 20.2 |
| OPM | 33.2 % |
| EPS | ₹ 37.2 |
| Debt | ₹ 838 Cr. |
| Debt to Equity | 2.58 |
KPI Green Energy Ltd Share Price Target 2024 To 2030
| Year | 1st Target | 2nd Target |
| 2024 | ₹1490 | ₹1821 |
| 2025 | ₹1854 | ₹1900 |
| 2026 | ₹2000 | ₹2200 |
| 2027 | ₹2578 | ₹2754 |
| 2028 | ₹3100 | ₹3365 |
| 2029 | ₹3480 | ₹3694 |
| 2030 | ₹3800 | ₹4200 |
KPI Green Energy Shareholding Pattern
| Promoters Holding | |
| Dec 2022 | 54.81% |
| Mar 2023 | 54.81% |
| June 2023 | 54.81% |
| Sept 2023 | 54.83% |
| Dec 2023 | 53.08% |
| FII Holding | |
| Dec 2022 | 2.50% |
| Mar 2023 | 2.54% |
| June 2023 | 3.48% |
| Sept 2023 | 4.24% |
| Dec 2023 | 5.96% |
| DII Holding | |
| Dec 2022 | 0.00% |
| Mar 2023 | 0.00% |
| June 2023 | 0.06% |
| Sept 2023 | 0.00% |
| Dec 2023 | 2.09% |
| Public Holding | |
| Dec 2022 | 42.69% |
| Mar 2023 | 42.64% |
| June 2023 | 41.66% |
| Sept 2023 | 40.91% |
| Dec 2023 | 38.86% |
KPI Green Energy Share: Last 5 Years’ Financial Condition
To gain a better understanding of how the market is performing, let’s look at the outlook of this share in the previous years.
However, investors should be aware of the risks and the market conditions before making any investment decision.
Last 5 Years’ Sales:
| 2019 | ₹ 34 Cr |
| 2020 | ₹ 59 Cr |
| 2021 | ₹ 102 Cr |
| 2022 | ₹ 230 Cr |
| 2023 | ₹ 766 Cr |
Last 5 Years’ Net Profit:
| 2019 | ₹ 9 Cr |
| 2020 | ₹ 6 Cr |
| 2021 | ₹ 22 Cr |
| 2022 | ₹ 43 Cr |
| 2023 | ₹ 134 Cr |
Last 5 Years’ Debt-To-Equity Ratio:
| 2019 | 0.34 |
| 2020 | 1.24 |
| 2021 | 1.86 |
| 2022 | 2.19 |
| 2023 | 2.02 |
Last 10 Years’ Profit Growth:
| 10 Years: | — |
| 5 Years: | — |
| 3 Years: | 157% |
| Current Year: | 103% |
Last 10 years’ Return on Equity (ROE):
| 10 Years: | — |
| 5 Years: | — |
| 3 Years: | 39% |
| Last Year: | 53% |
Sales Growth Over 10 Years:
| 10 Years: | — |
| 5 Years: | — |
| 3 Years: | 122% |
| Current Year: | 83% |
Company’s Positive Signs:
- The company is expected to have satisfactory results in the quarter.
- This company has increased its returns on equity (ROE) record for 3 years at 38.8 percent.
- The company days of debtors have increased from 107 days to 83.2 days.
- The requirements for working capital for the company have been decreased from 173 to 76.1 days.
Company’s Negative Signs:
- The company stock is trading at 16.0 times book value.
- The company promoter hold has decreased over this period by -1.73%.
- The company could gain by absorbing the cost of interest.
- The company promoters have committed 45.5 percent of their stake.
Conclusion
This article is a complete guide about KPI Green Energy Ltd Share.
These information and forecasts are based on our analysis, research, company fundamentals and history, experiences, and various technical analyses.
Also, We have talked in detail about the share’s future prospects and growth potential.
Hopefully, these informations will help you in your further investment.
