Talking about finances, this power company has a market cap of Rs 516 crore. The net sales increased by 38 per cent and the net profit increased by 200.71 per cent with EPS of Rs 6.76 in Q4FY23 compared to Q4FY22. The net sales increased by 74.86 per cent and the net profit increased by 146.59 per cent with EPS of Rs 19.75 in FY23 compared to FY22.     

Notably, K.P. Energy Ltd has successfully completed the installation of a 10 MWdc Solar Power Project in Bharuch, thereby raising its total power generation capacity to 18.40 MW.

The stock has a PE of 12.34x whereas the sectoral PE is 23x with an ROE of 34.81.