Synopsis:
The shares of this renewable energy company soared 8% following the MOU that has been signed with Inox Wind to jointly develop 2.5 GW of wind projects across multiple states in India.
This green energy company engaged in the development of utility-scale wind power generation infrastructure, and its major associated activities had its shares in the spotlight today, following the announcement of an MOU between the company and Inox Wind.
With a market cap of Rs 2,723 crore, the shares of K.P. Energy Ltd made an intraday high of Rs 424.40, gaining 8 per cent from its previous day’s closing price of Rs 393.55. The shares are trading at a PE of 20.5, whereas its median PE is 22.7.
About the MOU
KP Energy and Inox Wind have entered into an exclusive partnership to jointly develop 2.5 GW of wind and wind–solar hybrid projects across several Indian states. Under the MoU, KP Energy will handle the groundwork like securing land, connectivity, approvals, and executing balance-of-plant and EPC work while also managing long-term operations and maintenance for these parts of the project. Inox Wind, on the other hand, will supply its wind turbines, along with all supporting equipment, engineering designs, and commissioning services.
By combining KP Energy’s strong on-ground development capabilities with Inox Wind’s manufacturing and technical strengths, the partnership aims to deliver large-scale renewable projects more efficiently and reliably. The collaboration positions both companies to tap bigger opportunities in India’s growing clean-energy market and strengthens their role in supporting the country’s transition to sustainable power.
Financials and others
The revenue from operations for the company stands at Rs 301 crore in Q2 FY26 compared to Rs 199 crore in Q2 FY25, which is an increase of 51 per cent on a YoY basis. Similarly, the net profit stood at Rs 36 crore in Q2 FY26, up from Rs 25 crore in Q2 FY25, with a growth of 44 per cent.
KP Energy has built a strong presence in India’s renewable energy space, boasting a total portfolio of over 3.29 GW. The company currently has 2.22 GW of projects under execution and has already installed more than 1.07 GW across CTU and STU networks. Alongside its 48.5 MW of operational IPP assets, KP Group also manages a sizeable 600-plus MW O&M portfolio. With an ambitious target of crossing 10 GW by 2030, the group continues to scale rapidly in line with India’s clean energy goals.
KP Energy has evolved into a diversified renewable energy and infrastructure player with a strong focus on sustainability. Over the years, the group has led major initiatives in wind, solar, hybrid energy, battery storage and green hydrogen, positioning itself as an important contributor to India’s clean-energy transition.
With a solid track record and a growing portfolio of green projects, KP Group has built a reputation as a reliable partner for organisations looking to lower their carbon footprint. The company continues to push innovation while strengthening its role in shaping India’s renewable energy landscape.
Written by Leon Mendonca
Disclaimer
The views and investment tips expressed by investment experts/broking houses/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Trade Brains Technologies Private Limited or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.
