1:2 Bonus Share & 15,000 Per Cent Returns: Multibagger Solar Stock Jumps After Reporting Stellar Results with Strong Order Book of 2.95+ GW

The stock gave multibagger returns of 800 per cent in just 3 years and a whopping 15,000 per cent in 5 years.

On Wednesday, shares of KPI Green Energy Ltd jumped 7.62 per cent to Rs 446.75 per share from its previous closing of Rs 415.10 per share. The stock’s 52-week high is Rs 744.37 per share and its 52-week low of Rs 312.95 per share. The shares of the company saw a spurt in volume by more than 3 times on the BSE.

KPI Green Energy Ltd, established in 2008 as part of the KP Group, is a renewable energy leader specialising in solar power generation. They operate under the "Solarism" brand, offering a comprehensive solution for both Independent Power Producers (IPPs) and Captive Power Producers (CPPs). Their services include developing, building, owning, managing, and maintaining solar power plants across Gujarat, with a current installed capacity exceeding 445 MW. They cater to IPPs by directly generating and selling solar electricity, while also providing Engineering, Procurement, and Construction (EPC) services to CPP clients who wish to set up their solar power facilities.

According to Quarterly Results, the net sales increased by 97 per cent to Rs 578 crore and net profit increased by 142 per cent to Rs 104 crore in Q4FY25 compared to Q4FY24. In its annual results, the net sales increased by 70 per cent to Rs 1,755 crore and net profit increased by 101 per cent to Rs 325 crore in FY25 compared to FY24.

Earlier, the company issued bonus equity shares in a 1:2 ratio. This means that for every 2 existing equity shares held by shareholders on the record date, they would receive 1 additional bonus equity share, each valued at Rs 5. The bonus shares were ex-traded on January 03, 2025.

The company's shares have an ROE of 30 per cent and an ROCE of 22 per cent. The company has a market cap of over Rs 8,500 crore with a strong order book of 2.95+ GW. The stock gave multibagger returns of 800 per cent in just 3 years and a whopping 15,000 per cent in 5 years.

Disclaimer: The article is for informational purposes only and not investment advice.