KP Green Engineering Ltd (KPGEL)

About

KP Green Engineering manufactures heavy electrical equipment for India's Industrials sector with market cap ₹1,391 Cr, serving infrastructure, power, and industrial customers. Stock has declined 43.41% over the past year from ₹619.2 to ₹278.2.

Face value: ₹5

Market cap

₹1,414 Cr

P/E

10.4×

P/B

3.1×

Dividend yield

0.2%

ROE

34.7%

ROCE

47.8%

Debt / equity

0.57

OPM

19.7%

EPS (TTM)

₹27.1

Book value

₹91.5

52-week high

—

52-week low

Key insights

Company research notes and source-linked reviews

Key risks

Extreme valuation: PE of 114.77 is exceptionally high; verify whether cyclically depressed earnings are expected to recover or if structural demand challenges exist
Sharp price decline: stock fell from ₹619.2 to ₹278.2 (55% from peak); verify whether decline reflects temporary cyclicality or persistent headwinds in electrical equipment sector
Operating margin of 15.54% leaves limited buffer if demand contracts; verify margin trends and pricing power as sector conditions evolve

Generated analysis · source review pending

Growth drivers

ROE of 24.9% indicates efficient capital deployment; verify whether this reflects cyclical strength or structural advantage, and how profits are allocated
D/E of 0.29 provides financial headroom despite 43.41% one-year decline; verify any capex or acquisition plans that might deploy available balance-sheet capacity
OPM of 15.54% maintains operational stability; verify whether margin is expanding with volume growth or pressured by competitive intensity

Generated analysis · source review pending

620 historical price candles were omitted because the exchange source has not been verified.

₹282.8-6.3%1Y

Quick read

rule-based

Pros

+Strong return on equity of 28.6% (3-yr avg)
+High return on capital employed of 33.2%
+Profit CAGR of 123.7% over the last 3 years
+Revenue CAGR of 121.8% over the last 3 years
+High promoter holding of 66.6% with no pledge

Cons

−Low dividend payout of 2% of profit

Research score

Structured signal from quality, growth, valuation and momentum.

87/100

Business quality: 70
Growth: 100
Valuation

Revenue & net profit

₹ crore, by fiscal year

RevenuePAT

Margins

% of revenue, by fiscal year

OPMPAT margin

Peers

Comparable companies from the narrowest available industry classification.

Screen this industry Compare top 5 side-by-side

Company	Mkt Cap	EV	Revenue	EBITDA	OPM	PAT	NPM	ROCE	ROE	WC Days
Bharat Heavy Electricals LimitedBHELBHEL	₹1,46,596 Cr	₹1,54,783 Cr	₹35,993 Cr	₹3,383 Cr	6.9%	₹2,432 Cr	4.7%	6.8%	6.3%	119
Hitachi Energy India LimitedPOWERINDIAPOWERINDIA	₹1,39,553 Cr	₹1,39,553 Cr	₹9,163 Cr	₹1,424 Cr	15.4%	₹1,150 Cr	12.1%	28.8%	21%	-42
Cg Power And Industrial Solutions LimitedCGPOWERCGPOWER	₹1,38,443 Cr	₹1,38,443 Cr	₹12,821 Cr	₹1,638 Cr	13.1%	₹973 Cr	9.7%	26.2%	20.4%	48
Siemens Energy India LimitedENRINENRIN	₹1,18,724 Cr	₹1,18,724 Cr	₹9,436 Cr	₹2,024 Cr	19.3%	₹1,488 Cr	14.1%	33.8%	29%	-175
Ge Vernova T&D India LimitedGVT&DGVT&D	₹1,08,882 Cr	₹1,08,882 Cr	₹6,712 Cr	₹1,757 Cr	27.1%	₹1,305 Cr	19.9%	73.2%	55.3%	90
Suzlon Energy LimitedSUZLONSUZLON	₹53,473 Cr	₹53,737 Cr	₹17,429 Cr	₹3,019 Cr	18.1%	₹3,144 Cr	18.9%	31.7%	40.6%	117
Thermax LimitedTHERMAXTHERMAX	₹40,058 Cr	₹42,346 Cr	₹10,839 Cr	₹870 Cr	9.6%	₹593 Cr	6.7%	15.7%	13.7%	-0
Schneider Electric Infrastructure LimitedSCHNEIDERSCHNEIDER	₹30,495 Cr	₹30,939 Cr	₹2,920 Cr	₹336 Cr	12.8%	₹184 Cr	7.4%	28.5%	31.8%	61
Azad Engineering LimitedAZADAZAD	₹18,481 Cr	₹18,938 Cr	₹638 Cr	₹240 Cr	37.4%	₹139 Cr	22.2%	12.4%	9.1%	1,720
Triveni Turbine LimitedTRITURBINETRITURBINE	₹16,849 Cr	₹16,849 Cr	₹2,253 Cr	₹428 Cr	20.7%	₹336 Cr	16%	35.7%	26.3%	8
Karamtara Engineering LimitedKARAMTARAKARAMTARA	₹13,225 Cr	₹14,255 Cr	₹4,312 Cr	₹498 Cr	11.6%	₹229 Cr	5.3%	27.2%	20.8%	—
Atlanta Electricals LimitedATLANTAELEATLANTAELE	₹13,200 Cr	₹13,247 Cr	₹2,001 Cr	₹367 Cr	18.6%	₹224 Cr	10.9%	34.8%	21.7%	74

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Financials

Reported profit and loss, balance sheet, cash flow and growth history.

Annual Quarterly

Consolidated Standalone

Consolidated figures · ₹ crore

₹ Cr	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	114	349	695	1,246
COGS	80	258	521	870
Gross profit	34	91	173	376
	13	37	65	131
	21	54	108	245
OPM %	18.2%	15.4%	15.5%	19.7%
Depreciation	2	4	6	23
Interest	3	5	9	41
	1	3	7	4
Profit before tax	16	47	100	184
Tax	4	12	26	49
Tax %	25.8%	25.9%	26.4%	26.4%
	12	35	73	136
PAT margin %	10.6%	10.1%	10.6%	10.9%
EPS (₹)	3.4	9.6	14.7	27.2
EPS adjusted (₹)	54.1	7	14.7	27.2
	0%	0%	2.7%	2%
Annual report	—	Annual report for Mar 2024	Annual report for Mar 2025	—

₹ Cr	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity capital	1	25	25	25
Reserves	—	241	299	433
	—	37	92	262
	—	119	318	867
Total equity & liabilities	—	422	734	1,587
	21	36	217	543
CWIP	—	5	0	13
Investments	—	0	0	0
	—	382	517	1,030
Total assets	—	422	734	1,587

₹ Cr	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	12	-39	19	155
	-5	-23	-197	-366
	-6	220	30	205
Net cash flow	0	159	-148	-5
Free cash flow	—	-62	-165	-211
CFO / Operating profit %	57%	-72.4%	17.7%	63.5%

Compounded sales growth

7 years: —
5 years: —
3 years: 122%
1 year: 79%

Compounded profit growth

7 years: —
5 years: —
3 years: 124%
1 year: 85%

Return on equity

7 years: —
5 years: —
3 years: 22%
Last year: 30%

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Ratios

Annual operating, return, leverage and working-capital ratios.

Consolidated Standalone

Consolidated figures

Ratio	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Margins
Gross margin %	29.9%	26%	24.9%	30.2%
EBITDA margin %	18.2%	15.4%	15.5%	19.7%
EBIT margin %	16.9%	14.3%	14.7%	17.8%
PAT margin %	10.6%	10.1%	10.6%	10.9%
Working capital
Receivable days	—	135	142	93
Inventory days	—	75	96	195
Payable days	—	71	152	138
NWC days	—	139	86	150
Leverage
Current ratio	—	2.9	1.24	0.94
Debt to EBITDA	—	0.68	0.86	1.07
Debt to equity	—	0.14	0.29	0.57
Interest coverage	5.7	9.9	12.3	5.5
Asset turnover	—	0.83	0.95	0.79
Return ratios
Return on assets %	—	8.3%	10%	8.6%
Return on capital employed %	—	17.9%	33.8%	47.8%
Return on equity %	—	13.2%	22.7%	29.7%

Derived from reported annual statements. ROCE uses EBIT over capital employed (total assets less current liabilities). Day counts average the opening and closing balance; receivables turn on revenue, inventory and payables on cost of goods sold.

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Shareholding

Quarterly ownership, named holders, insider transactions and disclosed deals.

Quarterly Annual

Every quarter filed · % of equity

Holder (%)	Sep 2024	Mar 2025	Sep 2025	Mar 2026
	66.59%	66.6%	66.61%	66.61%
	1.82%	0.55%	0.34%	0.35%
	0.46%	0.16%	0.1%	0.13%
Government	0%	0%	0%	0%
	31.13%	32.69%	32.95%	32.91%
No. of shareholders	4,806	8,427	8,704	9,011

Promoter holding up 0.02 percentage points since Sep 2024.

Dr. Farukbhai Gulambhai PatelChairman & Non-Executive Director
Mr. Muinulhaque Iqbalhusen KadvaWhole Time Director
Mr. Hassan Faruk PatelWhole Time Director
Mrs. Ekta Aagam SanghaviIndependent Director
Mr. Tejpalsingh Jagatsingh BishtIndependent Director
Mrs. Indu Gupta RaoIndependent Director
Mr. Satya GopalNon - Executive Independent Director
Dr. Alok DasGroup Chief Executive Officer
Mr. Sunil Kumar MaheshwariNon - Executive Non -Independent Director
Mr. Pravinkumar SinghChief Financial Officer
Mr. Karan Sunilbhai RupdaCompany Secretary & Compliance Officer

Current officeholders as filed with BSE. A person holding two offices is listed once per office.

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F&O

Current futures and options contracts with compact option-chain pages.

Not in the F&O segment

Only about 210 stocks have listed futures and options. Contracts appear here for those, refreshed after each close.

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Fund holders

Mutual-fund schemes that disclosed a holding in the company.

No fund holdings on record

No scheme among the 32 fund houses on record reported a position in KP Green Engineering Ltd. Portfolios are published monthly by each AMC; coverage is still partial.

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Documents

Annual reports, exchange filings, offer documents, ratings and earnings-call material.

Announcements

19

Annual reports

2

Documents link to external sources (exchange filings, company investor pages).

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Events

Upcoming dates and the company’s corporate-action history.

4

Final dividend23 Sept 2026 · ex-date₹0.3
Interim dividend14 Nov 2025 · ex-date₹0.25
Final dividend12 Sept 2025 · ex-date₹0.2
Interim dividend14 Nov 2024 · ex-date₹0.2

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Announcements

Latest exchange announcements, filings and downloadable documents.

1 month 3 months 6 months 1 year All

19 announcementsExport CSV

1 Oct 2026, 6:45 pmCompany Update

Announcement under Regulation 30 (LODR)-Change in Management

Change in Management PDF

1 Oct 2026, 2:54 pmAGM/EGM

Shareholder Meeting / Postal Ballot-Scrutinizer''s Report

AGM PDF

30 Sept 2026, 3:16 pmCompany Update

Announcement under Regulation 30 (LODR)-Investor Presentation

Investor Presentation PDF

30 Sept 2026, 3:08 pmAGM/EGM

Shareholder Meeting / Postal Ballot-Outcome of AGM

AGM PDF

28 Sept 2026, 6:42 pmInsider Trading / SAST

Closure of Trading Window

Closure of Trading Window PDF

22 Sept 2026, 7:44 pmCompany Update

Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

Analyst / Investor Meet PDF

22 Sept 2026, 7:37 pmCompany Update

Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

Analyst / Investor Meet PDF

8 Sept 2026, 6:17 pmCompany Update

Announcement under Regulation 30 (LODR)-Newspaper Publication

Newspaper Publication PDF

Date	Category	Subject	Filing
1 Oct 2026, 6:45 pm	Company Update Change in Management	Announcement under Regulation 30 (LODR)-Change in Management	PDF
1 Oct 2026, 2:54 pm	AGM/EGM AGM	Shareholder Meeting / Postal Ballot-Scrutinizer''s Report

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KP Green Engineering Ltd

About

Key insights

Key risks

Growth drivers

Quick read

Pros

Cons

Research score

Revenue & net profit

Margins

Peers

Financials

Profit & loss

Balance sheet

Cash flow

Compounded returns

Compounded sales growth

Compounded profit growth

Return on equity

Ratios

Ratio timeline

Shareholding

Quarterly record

Board and management

F&O

Not in the F&O segment

Fund holders

No fund holdings on record

Documents

Announcements

Annual reports

Events

Dividends4

Announcements

Ratio timeline

Quarterly record

Board and management

Not in the F&O segment

Dividends4

No fund holdings on record

Announcements

Annual reports

Profit & loss

Balance sheet

Cash flow

Compounded returns

Compounded sales growth

Compounded profit growth

Return on equity

4

4