Synopsis:
KP Green Engineering Limited has been awarded a 5 MW rooftop solar EPC project by MAHAPREIT.
The shares of this engineering stock that provides diverse solutions under one roof with complete engineering and steel structure manufacturing, are in focus after receiving a new order from MAHAPREIT for government buildings in Goa.
With a market capitalization of Rs. 2,535 Crores, the shares of KP Green Engineering Limited opened at Rs.517.00 per equity share, from its previous day’s closing price of Rs.508.35.
Order Details
KP Green Engineering Limited has announced a major order win, boosting its presence in the government solar sector. The company received a Letter of Award (LOA) from MAHAPREIT (Mahatma Phule Renewable Energy and Infrastructure Technology Limited), a Government of Maharashtra undertaking, for setting up 5 MW rooftop solar power projects in Goa.
The project is part of a larger 30 MW distributed grid-connected rooftop solar initiative across various government buildings in the state. KP Green Engineering Limited emerged as the L1 (lowest) bidder in the A1 category and will carry out the work in Engineering, Procurement, and Construction (EPC) mode.
This project highlights KP Green Engineering Limited growing strength in the renewable energy space, especially in the government sector. With over eight years of experience and more than 10.5 MW of rooftop solar projects already delivered across industrial, commercial, and government sectors, the company continues to contribute actively to India’s clean energy goals.
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Company Profile
KP Green Engineering Limited is a leading company that offers a wide range of engineering and steel structure solutions under one roof. It has a large, state-of-the-art manufacturing facility spread over 55 acres, with an additional 45 acre unit coming up in Matar, Bharuch, expected to be fully operational by 2024–25. The company is equipped with advanced machinery for drilling, welding, laser cutting, plasma operations, and more, along with a modern Hot Dip Galvanizing plant.
KP Green Engineering Limited is a well-established company with a strong presence in the engineering and infrastructure sector. It currently operates with an annual manufacturing capacity of 142,500 MT and plans to expand this to 400,000 MT by FY2026.
The company has four operational facilities located in Dabhasa, Por, and Kural, with a new 45-acre facility coming up in Matar. This site will also house one of Asia’s biggest hot dip galvanizing plants, with a planned capacity of 90,000–110,000 MT per year.
With over 24 years of experience in delivering advanced engineering solutions, KP Green Engineering serves both Indian and global markets. The company offers 22 different products across various sectors and currently holds an order book worth Rs.807 crore, extending through FY25.
The company’s revenue from operations surged from Rs. 349 crores in FY24 reaching to Rs. 695 crores in FY25, reflecting strong business growth. Net profit also rose from Rs. 35 crores to Rs. 74 crores, indicating better cost management and profitability. These figures highlight a solid improvement in both revenue and overall financial performance.
Written by Sudeep Kumbar
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