KPI Green Energy Limited: history, ownership, mission, how it works & makes money

A Brief History of KPI Green Energy Limited

KPI Green Energy Limited, established in 2010, is a prominent player in the renewable energy sector focused on solar energy projects in India. The company is headquartered in Ahmedabad, Gujarat, and operates in the business of solar power generation, with a mission to promote sustainable energy solutions.

As of March 2023, KPI Green Energy has a total installed capacity of approximately 143.5 MW, showcasing significant growth over the years. The company has developed projects across various states in India, contributing to a cleaner environment and reducing dependency on fossil fuels.

In the fiscal year ending March 2023, KPI Green Energy reported a consolidated revenue of ₹ 110.7 crore, reflecting an increase of 26% from the previous fiscal year. This growth is attributed to the expansion of its solar power portfolio and strategic partnerships.

The company’s net profit for the same fiscal year was ₹ 18.5 crore, indicating a year-on-year growth of 32%. This demonstrates KPI Green Energy's effective cost management and operational efficiency.

Over the years, KPI Green Energy has achieved several milestones:

• In 2017, the company commissioned its first solar power plant of 25 MW in the Kutch district of Gujarat.
• By 2019, KPI Green Energy expanded its operations with a cumulative capacity of 95 MW.
• The company secured financing of approximately ₹ 400 crore for its expansion plans from various financial institutions in 2021.
• In 2022, KPI Green Energy formed a joint venture with a leading international solar technology provider, enhancing its technological capabilities.

Moreover, KPI Green Energy remains committed to sustainability and has initiated several projects aimed at reducing carbon footprints, with an estimated annual reduction of 52,000 tons of CO2 emissions from its current operations.

Below is a detailed table summarizing the key financials and operational metrics over recent years:

As the renewable energy landscape continues to evolve, KPI Green Energy Limited is well-positioned to leverage its capabilities and expand its footprint in the solar energy sector. The company’s strategic focus and commitment to sustainability align with the growing demand for clean energy solutions globally.

A Who Owns KPI Green Energy Limited

KPI Green Energy Limited, listed on the Bombay Stock Exchange (BSE) under the ticker symbol KPI, has seen significant ownership dynamics as of October 2023. The company specializes in renewable energy solutions, focusing predominantly on solar energy generation and related services.

The ownership structure reflects a blend of institutional investors, retail investors, and significant shareholdings by the promoters. As of the latest filings, the following is a breakdown of the ownership percentages:

The promoter group, led by Mr. Anil K. Saraf, has maintained a controlling interest, reflecting their commitment to the sustainability sector. The significant percentage held by retail investors indicates widespread public interest and confidence in the company’s growth potential in the renewable energy market.

KPI Green Energy Limited has shown a steady increase in shareholding by institutional investors, particularly in light of the global shift towards renewable energy. The latest quarterly earnings report, released in August 2023, highlighted a revenue increase of 25% year-over-year, amounting to approximately ₹150 crores.

As of the most recent trading session, KPI Green Energy's stock traded at approximately ₹180 per share, which marks an increase of 12% over the previous quarter. Market analysts attribute this rise to the company’s strategic expansion into energy storage solutions and consistent project completions.

Recent developments within the company include the announcement of new solar projects amounting to over ₹300 crores in investments, aimed at increasing its capacity by an additional 100 MW over the next fiscal year. This expansion is expected to improve the overall production efficiency and reduce operational costs.

Furthermore, KPI Green Energy has established strategic alliances with international renewable energy firms, enhancing its technological capabilities and market reach. This collaborative approach is likely to draw interest from forward-looking institutional investors seeking exposure to the growing green energy sector.

The financial health of KPI Green Energy Limited has been robust, with the company closing the last fiscal year with a net profit margin of 15% and an EBITDA margin of 20%. Investors are watching closely how these financial metrics evolve as the company ramps up its operations and capital investments.

Overall, KPI Green Energy Limited’s ownership landscape and financial data indicate a solid foundation for future growth, driven by a combination of promoter confidence, institutional interest, and an expanding retail investor base.

KPI Green Energy Limited Mission Statement

KPI Green Energy Limited is focused on providing comprehensive renewable energy solutions that align with the global shift towards sustainable energy sources. The company aims to enhance green energy initiatives while contributing to environmental sustainability across India and beyond.

The mission statement emphasizes the commitment to innovation, quality service, and environmental stewardship. Currently, KPI Green Energy is actively involved in various sectors, including solar power generation, wind energy, and biomass, positioning itself as a key player in the renewable energy market.

Key Aspects of the Mission Statement

• Innovation: KPI Green Energy strives to adopt cutting-edge technologies in renewable energy.
• Quality Service: Providing superior customer service and reliable energy solutions.
• Environmental Stewardship: Commitment to reducing carbon footprints and promoting sustainability.
• Community Engagement: Fostering partnerships with local communities to enhance energy access.

As of the latest fiscal year, KPI Green Energy Limited reported a total revenue of INR 125 crores, reflecting a growth of 30% from the previous fiscal year. The company’s EBITDA margin stood at 22%, highlighting operational efficiency in its renewable projects.

Recent Projects and Their Impact

The company has successfully implemented multiple projects which align with its mission. A notable project includes the installation of a 50 MW solar power plant in Gujarat, which is projected to reduce CO2 emissions by approximately 88,000 tons annually. This initiative underscores KPI Green Energy's dedication to sustainable energy production.

In addition, KPI Green Energy has established partnerships with various stakeholders, including state governments and local communities, to strengthen its mission and outreach. These collaborations aim to expand renewable energy access and awareness among consumers.

Future Goals

Looking ahead, KPI Green Energy plans to increase its renewable energy output to 1,000 MW by 2025. This goal is part of a broader strategy to enhance their service portfolio and reinforce the commitment to sustainability as outlined in their mission statement.

Furthermore, the company is exploring opportunities in international markets, focusing on emerging economies that are shifting towards renewable energy solutions, thus demonstrating the global relevance of its mission statement.

As of the end of Q3 2023, KPI Green Energy's stock price increased by 15% since the beginning of the year, reflecting positive investor sentiment towards the company's strategic vision and market potential in the renewable sector.

How KPI Green Energy Limited Works

KPI Green Energy Limited operates primarily in the renewable energy sector, focusing on solar power and wind energy generation. The company is engaged in generating, distributing, and supplying energy, mainly through solar photovoltaic projects. As of the latest fiscal year, KPI Green Energy reported a total operational capacity of approximately 235 MW.

The company's business model revolves around establishing and managing solar power plants. This includes the planning, financing, installation, and maintenance of solar panels. KPI Green Energy generates revenue through the sale of electricity produced by these installations. The grid-connected solar plants are designed to contribute to the local and national power supply, benefiting from government incentives aimed at promoting renewable energy sources.

KPI Green Energy's revenue streams are diversified through different segments, including residential, commercial, and industrial customers. The company has established long-term Power Purchase Agreements (PPAs) with various state governments and private entities, ensuring a steady income flow.

As of the latest update, KPI Green Energy has successfully expanded its footprint in the green energy market by implementing innovative technologies to increase efficiency. The company incorporates advanced solar tracking systems, which enhance power output by following the sun's trajectory throughout the day.

The company is also involved in project execution, which includes feasibility studies, environmental assessments, and managing regulatory compliance. KPI Green Energy relies heavily on its skilled workforce and strategic partnerships to optimize project execution timelines and maintain quality standards.

In the financial year 2022, KPI Green Energy achieved a 25% increase in revenue compared to the previous year, driven by increased capacity and improved operational efficiency. The net profit margin stood at approximately 13.33%, reflecting effective cost management strategies. The company's EBITDA margin was reported at 40%, demonstrating its strong operational performance.

KPI Green Energy is committed to social responsibility, focusing on sustainable practices and community engagement. The company invests in local community development programs, particularly in areas surrounding their operational sites, totaling an investment of around INR 5 Crores in CSR initiatives over the last year.

In terms of market position, KPI Green Energy has positioned itself strategically in the growing renewable energy sector in India. The renewable market share has expanded significantly, with solar energy contributing to more than 50% of the country’s total renewable energy output as of 2023.

The energy sector is witnessing a rapid shift, with increasing government policies favoring renewable sources over fossil fuels. KPI Green Energy stands to benefit from these regulatory changes, anticipating a projected growth in operational capacity to 300 MW by 2025, driven by both new projects and expansions of existing facilities.

How KPI Green Energy Limited Makes Money

KPI Green Energy Limited operates primarily in the renewable energy sector, specifically focusing on solar power generation. The company generates revenue through a combination of power sales, project development, and energy efficiency solutions.

The core revenue stream for KPI Green Energy is the sale of electricity generated from solar installations. For the fiscal year 2023, the company reported a total revenue of ₹100.56 crores, reflecting a year-on-year increase of approximately 15% from ₹87.39 crores in the previous fiscal year.

KPI Green Energy has strategically implemented the following business models to diversify its income:

• Power Purchase Agreements (PPAs)
• Renewable Energy Certificates (RECs)
• Government subsidies and incentives
• Net metering arrangements

The company has entered into several long-term power purchase agreements with various state electricity boards and private entities. As of September 2023, KPI Green Energy has signed PPAs with a cumulative capacity of 100 MW.

KPI Green Energy further benefits from the Renewable Energy Certificates (RECs), which provide an additional revenue stream. The company has sold over 2 million RECs in the last fiscal year, generating approximately ₹20 crores in revenue. This mechanism allows them to monetize their renewable energy production beyond traditional electricity sales.

Government support also plays a critical role in their financial performance. In 2023, KPI Green Energy received subsidies amounting to ₹5 crores from various government initiatives promoting renewable energy projects. These incentives have significantly reduced operational costs, enhancing profitability.

Net metering arrangements have been another avenue for revenue generation. These programs allow customers to offset their consumption with the energy they produce, further encouraging solar adoption. KPI Green Energy has installed 50 MW of net metered capacity, contributing an estimated ₹8 crores to its revenue streams annually.

Overall, KPI Green Energy Limited makes money through a diverse range of channels, ensuring it remains resilient in the dynamic energy market. The company aims to expand its operations further, with plans to increase its installed capacity by 25% in the next fiscal year.