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K.P. Energy

Q2 FY26Power

K.P. Energy Q2 FY26 earnings call: Revenue & Margins

Q2 FY26 earnings call: what management guided on revenue, margins and order book.

Price₹259
Market cap₹1.7K Cr
P/E9.4
Updated23 Aug 2026
Read4 min read

The short version

KP Energy targets 50% to 60% revenue growth for FY '26 as per the latest guidance (Page 16, 19). KP Energy targets 50% to 60% revenue growth for FY '26.

From K.P. Energy's Q2 FY26 earnings-call transcript · updated 23 Aug 2026.

Revenue & Sales Performance

  • KP Energy targets 50% to 60% revenue growth for FY '26 as per the latest guidance (Page 16, 19).
  • Earlier guidance mentioned 60% to 70% growth, but it's not considered a downgrade; seasonality and order structure billing impact timing of revenue (Page 19).
  • Order book stands at around INR 2,900 crore with 2.2+ GW capacity, providing strong execution pipeline (Pages 6, 14).
  • Bid pipeline includes about 3 GW of projects, with results expected soon, indicating further order inflow (Page 14).
  • KP Energy aims to expand IPP portfolio from current 48.5 MW, which should improve margins and revenue (Page 11).

2 more points management made on revenue & sales performance

Profitability & Margins

See what K.P. Energy said on profitability & margins — free account, 30 seconds.

Capital Expenditure Plans

  • KP Energy plans to commission an additional 50 MW of IPP projects by December 2025 to benefit from depreciation and reduce tax burden.
  • The company is evaluating structure and regulatory alignment for green hydrogen and EV charging projects under MoUs signed at the group level but specific capex details are yet to be finalized.
  • KP Energy has upgraded credit rating to A- (Stable), improving its ability to raise funds for new IPP projects as needed without current fund availability concerns.

2 more points management made on capital expenditure plans

Top-ranked in Power

Ranked on what management guided this quarter

5x potential
1Insolation Ener
Rev 1Mar 1
2ACME Solar Hold.
Rev 1Mar 3
3
Rev 1Mar 3
4
Rev 1Mar 3
5
Rev 2Mar 3
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Rank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.

Fundraising & Capital Structure

See what K.P. Energy said on fundraising & capital structure — free account, 30 seconds.

Order Book & Pipeline

  • Current order book for KP Energy stands at INR 2,900 crore, covering over 2.2 Gigawatts of capacity.
  • This order book is exclusively for KP Energy and does not include Group entities.
  • There is an additional bid pipeline of around 3 Gigawatts under negotiation, with results expected by the end of the next month.
  • Some expected orders were delayed, pending execution of client PPAs, with incoming order flow anticipated by December 2025.
  • Orders include large-scale EPC projects predominantly in wind energy, with some hybrid projects involving solar components.

2 more points management made on order book & pipeline

K.P. Energy — Quarterly revenue & net profit

Revenue Net profit
Dec 2024
Mar 2025
Jun 2025
Sep 2025
Dec 2025
Mar 2026

Reported quarterly figures (₹ Cr). Latest: revenue ₹632 Cr, net profit ₹79 Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.

Full financials →

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Frequently Asked Questions

What were K.P. Energy Q2 FY26 results?

KP Energy targets 50% to 60% revenue growth for FY '26 as per the latest guidance (Page 16, 19). KP Energy targets 50% to 60% revenue growth for FY '26.

What is K.P. Energy share price analysis?

K.P. Energy currently shows a neutral. The stock trades at a P/E of 9.4 with a market cap of ₹1,709 Cr. Investors should review the full earnings analysis for detailed insights.

Is K.P. Energy planning capital expenditure?

KP Energy plans to commission an additional 50 MW of IPP projects by December 2025 to benefit from depreciation and reduce tax burden.

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This analysis is AI-generated based on publicly available earnings data and the company's earnings call transcript. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.