Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.
Financials of KPI Green Energy Ltd
Quarter-by-quarter operating performance
| Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 182 | 189 | 215 | 330 | 289 | 348 | 360 | 458 | 569 | 603 | 634 | 663 | 796 |
| Expenses + | 128 | 120 | 144 | 227 | 196 | 216 | 226 | 322 | 408 | 397 | 409 | 427 | 505 |
| Operating Profit | 54 | 69 | 71 | 104 | 93 | 132 | 134 | 137 | 161 | 206 | 226 | 236 | 291 |
| OPM % | 30% | 37% | 33% | 31% | 32% | 38% | 37% | 30% | 28% | 34% | 36% | 36% | 37% |
| Other Income + | 2 | 1 | 1 | 1 | 3 | 0 | 1 | 8 | 8 | 11 | 7 | 16 | 14 |
| Interest | 13 | 20 | 18 | 23 | 25 | 28 | 23 | 15 | 14 | 38 | 43 | 48 | 53 |
| Depreciation | 6 | 9 | 10 | 10 | 11 | 14 | 15 | 15 | 16 | 30 | 32 | 33 | 39 |
| Profit before tax | 37 | 41 | 44 | 72 | 60 | 91 | 97 | 115 | 139 | 149 | 158 | 170 | 214 |
| Tax % | 14% | 19% | 21% | 29% | 28% | 27% | 28% | 26% | 25% | 25% | 26% | 26% | 27% |
| Net Profit + | 32 | 33 | 35 | 51 | 43 | 66 | 70 | 85 | 104 | 111 | 117 | 126 | 155 |
| EPS in Rs | 1.95 | 2.05 | 2.14 | 2.80 | 2.38 | 3.66 | 3.55 | 4.29 | 5.04 | 5.27 | 5.53 | 5.97 | 7.36 |
Financials of KPI Green Energy Ltd
Annual income statement trend
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Sales + | 34 | 59 | 102 | 230 | 644 | 1,024 | 1,735 | 2,696 |
| Expenses + | 19 | 32 | 44 | 121 | 435 | 687 | 1,172 | 1,738 |
| Operating Profit | 15 | 27 | 58 | 109 | 208 | 337 | 564 | 958 |
| OPM % | 45% | 46% | 57% | 47% | 32% | 33% | 32% | 36% |
| Other Income + | 6 | 0 | 0 | 1 | 3 | 7 | 17 | 48 |
| Interest | 4 | 8 | 16 | 37 | 47 | 86 | 79 | 182 |
| Depreciation | 4 | 7 | 13 | 14 | 23 | 40 | 61 | 133 |
| Profit before tax | 13 | 12 | 30 | 59 | 142 | 217 | 441 | 691 |
| Tax % | 31% | 46% | 27% | 27% | 23% | 26% | 26% | 26% |
| Net Profit + | 9 | 6 | 22 | 43 | 110 | 162 | 325 | 509 |
| EPS in Rs | 0.55 | 0.40 | 1.35 | 2.66 | 6.74 | 8.94 | 16.23 | 24.13 |
| Dividend Payout % | 0% | 0% | 0% | 4% | 9% | 3% | 5% | 4% |
Financials of KPI Green Energy Ltd
Capital structure and asset base
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Equity Capital | 18 | 18 | 18 | 18 | 36 | 60 | 98 | 99 |
| Reserves | 81 | 80 | 102 | 136 | 222 | 775 | 2,325 | 2,935 |
| Borrowings + | 40 | 139 | 240 | 446 | 676 | 1,036 | 1,475 | 5,197 |
| Other Liabilities + | 22 | 61 | 49 | 177 | 322 | 564 | 894 | 1,651 |
| Total Liabilities | 161 | 298 | 409 | 777 | 1,255 | 2,436 | 4,792 | 9,882 |
| Fixed Assets + | 84 | 213 | 244 | 482 | 801 | 979 | 2,361 | 4,508 |
| CWIP | 18 | 1 | 21 | 31 | 0 | 101 | 163 | 918 |
| Investments | 0 | 0 | 0 | 0 | 2 | 0 | 4 | 199 |
| Other Assets + | 59 | 85 | 144 | 264 | 453 | 1,355 | 2,264 | 4,257 |
| Total Assets | 161 | 298 | 409 | 777 | 1,255 | 2,436 | 4,792 | 9,882 |
Financials of KPI Green Energy Ltd
Operating, investing and financing cash movement
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity + | -17 | 40 | -27 | 102 | 159 | -57 | 208 | 424 |
| Cash from Investing Activity + | -15 | -119 | -63 | -189 | -309 | -387 | -1,587 | -4,071 |
| Cash from Financing Activity + | 33 | 87 | 101 | 91 | 177 | 562 | 1,807 | 3,643 |
| Net Cash Flow | 1 | 8 | 11 | 4 | 27 | 118 | 427 | -4 |
| Free Cash Flow | -32 | -79 | -90 | -88 | -151 | -244 | -1,297 | -2,608 |
| CFO/OP | -101% | 154% | -43% | 95% | 80% | -11% | 48% | 48% |
Financials of KPI Green Energy Ltd
Working capital efficiency and return ratios
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Debtor Days | 143 | 175 | 178 | 58 | 83 | 152 | 122 | 100 |
| Inventory Days | 374 | |||||||
| Days Payable | 118 | |||||||
| Cash Conversion Cycle | 143 | 175 | 178 | 58 | 83 | 152 | 122 | 356 |
| Working Capital Days | 388 | -24 | 232 | 85 | 13 | 96 | 168 | 101 |
| ROCE % | 11% | 16% | 20% | 25% | 22% | 18% | 14% |