KP Green Engineering Bags Orders Worth Rs 97.27 Crore From Multiple Clients

The stock is up over 70 per cent from its 52-week low of Rs 340 per share.

KP Green Engineering Limited (formerly K P Buildcon Private Limited) has successfully secured new orders from multiple clients, totalling a significant Rs 97.27 crore. These diverse orders include Rs 37.56 crore for solar projects (fixed tilt and tracker type module mounting structures), Rs 7.18 crore for transmission towers (220 kV to 400 kV tower material, substation equipment, etc.), Rs 0.26 crore for various kV isolators, Rs 47.83 crore for crash barriers (including railway track fencing), and Rs 4.44 crore for rooftop projects. The company aims to complete all these newly secured orders by the end of the financial year, March 31, 2026.

Incorporated in July 2001, KP Green Engineering Limited serves as the flagship manufacturing arm of the KP Group, a diversified renewable energy conglomerate founded by Dr. Faruk G. Patel in 1994. The company specialises in manufacturing fabricated and hot-dip galvanised steel products, complementing the broader group's operations, which include KPI Green Energy (solar and hybrid power), KP Energy (wind farm development), and KPIGH (green hydrogen solutions). Collectively, the KP Group has installed over 1.86 GW of green energy capacity and aims to surpass 10 GW by 2030.

The company has a market cap of over Rs 2,800 crore and has delivered good profit growth of 98.5 per cent CAGR over the last 5 years. The shares of the company have an ROE of 25 per cent and an ROCE of 30 per cent. The stock is up over 70 per cent from its 52-week low of Rs 340 per share.

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