K.P. Energy promoter declares no encumbrance on shares for FY26

1 min read     Updated on 06 Jun 2026, 11:48 AM
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K.P. Energy promoter Faruk G. Patel declared no encumbrance on shares for FY26 under SEBI regulations. The disclosure confirms no new charges were created by the promoter or PAC. The filing was submitted to stock exchanges on April 4, 2026.

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K.P. Energy promoter Faruk G. Patel declared on April 4, 2026, that he and Persons Acting in Concert (PAC) have not created any encumbrance on the company's shares during the financial year ended March 31, 2026. The disclosure ensures that the shareholding structure remains free from undisclosed charges, which is critical for maintaining transparency in share ownership and transfer.

The declaration was submitted to BSE Limited and National Stock Exchange of India Limited in compliance with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. This regulation mandates promoters to disclose any encumbrance on shares to safeguard shareholder interests.

The filing confirms that no new charges were created directly or indirectly on the shares of kp energy other than those previously disclosed. The promoter group includes Faruk G. Patel and Affan Faruk Patel.

Promoter and Promoter Group Details

Sr. No. Name Category
1. Faruk G. Patel Promoter
2. Affan Faruk Patel Promoter Group

The document was signed by Faruk G. Patel in Surat on April 4, 2026. Copies of the declaration were forwarded to the Chairperson of the Audit Committee and the Company Secretary and Compliance Officer of K.P. Energy Limited.

Historical Stock Returns for KP Energy

1 Day5 Days1 Month6 Months1 Year5 Years
+4.97%-1.83%-9.09%+0.64%-37.63%-35.60%

How might this clean shareholding structure influence K.P. Energy's ability to raise future capital or secure loans?

Could this declaration signal potential strategic shifts or acquisitions by the promoter group in the upcoming fiscal year?

How will investors interpret this transparency regarding the company's governance standards and long-term stability?

K.P. Energy Q4FY26 Earnings Call Transcript Filed; FY26 Revenue Crosses INR 1,500 Crores

5 min read     Updated on 18 May 2026, 05:54 PM
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K.P. Energy submitted its Q4FY26 earnings conference call transcript to exchanges on May 18, 2026. The company reported record FY26 consolidated revenue of INR 1,505.54 crores (+57% YoY) and PAT of INR 181.4 crores (+57% YoY), with Q4FY26 PAT at an all-time quarterly high of INR 78.69 crores. The order book stands at approximately INR 3,000 crores across nearly 2 gigawatt of projects, and management guided for 40%–50% revenue growth in FY27.

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K.P. Energy Limited has submitted the transcript of its Q4 FY26 Earnings Conference Call to BSE Limited and the National Stock Exchange of India Limited on May 18, 2026, pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The transcript relates to the earnings conference call held on May 12, 2026, at 3:30 PM IST, to discuss the audited financial results (standalone and consolidated) for the quarter and year ended March 31, 2026. The Board of Directors had approved the audited results at its meeting on May 7, 2026, and the results were subsequently published in newspapers on May 8, 2026. The transcript is also available on the company's official website at www.kpenergy.in .

Q4FY26 and Full Year Financial Highlights

The company reported record financial performance for both the quarter and the full year. CFO Shabana Belim described FY25-26 as a "watershed year" for K.P. Energy, with the company crossing the INR 1,500 crores revenue milestone for the first time in its history. The key financial metrics are presented below:

Metric: Q4FY26 Q4FY25 Change (YoY)
Consolidated Total Revenue: INR 633.93 crores INR 408.65 crores +55%
Net Sales (Quarterly High): INR 631.81 crores — +83% (QoQ vs Q3FY26)
EBITDA: INR 133 crores — +71%
EBITDA Margin: 21% 19% +194 bps
PAT (All-time Quarterly High): INR 78.69 crores INR 45.79 crores +72%
Metric: FY26 FY25 Change (YoY)
Consolidated Total Revenue: INR 1,505.54 crores INR 958.45 crores +57%
Revenue from Operations: INR 1,497.09 crores — +59%
EBITDA: INR 328.44 crores — +68%
PAT: INR 181.4 crores INR 115.33 crores +57%

Whole Time Director Affan Faruk Patel highlighted that K.P. Energy has built an integrated renewable energy platform spanning energy modeling, land aggregation, wind resource assessment, evacuation infrastructure, EHV connectivity, project execution, and long-term O&M services. He noted that the company was the first in India to install a make-in-India 4.2 megawatt 160 wind turbine in South Gujarat. The company also received a CERC interstate electricity trading license during the year, enabling pan-India participation in power markets.

Segment Performance and Order Book

The EPC and infrastructure development segment remained the primary revenue driver, with the following segment-level details shared during the call:

Segment: Details
EPC & Infrastructure Revenue (FY26): INR 1,451.69 crores (+59% YoY)
O&M Quarterly Revenue (Q4FY26): INR 5.13 crores (+350% YoY)
O&M Portfolio Under Management: Over 646 MW
IPP Operational Portfolio: 48.5 MW
IPP Pipeline Under Development: 200 MW
Current Order Book: ~2 gigawatt / ~INR 3,000 crores
New Orders Added (Last Quarter): ~230 MW / INR 730+ crores (excl. GST)
Renewable Portfolio: Exceeding 3.7 gigawatt
Projects in Hand: Exceeding 2.1 gigawatt

Shabana Belim noted that approximately 50% of the INR 3,000 crores order book is from group entities and the balance from external customers, while the pipeline consists entirely of non-group orders. On working capital, she explained that higher inventory levels reflect advance stocking of wind turbine generators amid geopolitical supply chain uncertainties, and that cash conversion days range from 100 to 150 days depending on the customer. CARE Ratings upgraded K.P. Energy's credit rating by two full notches from BBB with a negative outlook to A- with a stable outlook during FY26.

IPP Expansion and Capital Allocation

The company is progressing on two IPP projects of 100 MW each, with a combined estimated project cost of approximately INR 1,700+ crores, of which approximately INR 450+ crores will be funded through equity and the balance through debt. One project has a power purchase agreement with a timeline from April 15, 2026 to April 15, 2028. The expected interest cost on project debt is in the range of 7.5% to 8.5%. The Board declared an interim dividend of INR 0.65 per share (face value INR 5) during the year and recommended a final dividend of INR 0.25 per equity share, subject to shareholder approval at the AGM. Management also indicated that a 40% to 50% revenue growth is expected for FY27, supported by the existing order book.

Industry Backdrop and Strategic Outlook

Group CEO Dr. Alok Das and CFO Shabana Belim outlined the broader industry context during the call. India installed 6.05 gigawatt of new wind capacity in FY26, the highest annual addition in the country's history, bringing cumulative installed wind capacity to over 56 gigawatt. India also achieved total non-fossil fuel capacity addition of 55.3 gigawatt in FY26, with non-fossil fuel sources now representing over 50% of total installed power capacity. The Government of India has set a target of 140 gigawatt of cumulative wind capacity by 2030. On offshore wind, Dr. Das noted that the government has identified Gujarat and Tamil Nadu for initial development, with policy and tariff frameworks still being formulated by MNRE. K.P. Energy stated it is evaluating consortium partnerships and positioning itself for offshore wind opportunities once the policy framework is finalised. The company's long-term vision is to cross 10 gigawatt by 2030.

Conference Call and Regulatory Compliance

The earnings conference call was organised in association with Share India Securities Limited and moderated by Mr. Harsh Patel. The management team on the call comprised the following officials:

Role: Name
Whole Time Director: Mr. Affan Faruk Patel
Group CEO: Dr. Alok Das
Group CFO: Mr. Salim Yahoo
CFO: Ms. Shabana Belim
President – Investor Relations: Mr. Vinod Jain

The transcript submission intimation dated May 18, 2026 was signed by Whole Time Director Affan Faruk Patel (DIN: 08576337) and submitted to both BSE Limited and the National Stock Exchange of India Limited. The audio recording of the conference call was uploaded to the company's website pursuant to Regulation 30 of the SEBI (LODR) Regulations, 2015. The Financial Results, along with the Auditor's Report, are available on the websites of BSE Limited ( www.bseindia.com ) and the National Stock Exchange of India Limited ( www.nseindia.com ), and on the company's official website at www.kpenergy.in . K.P. Energy Limited is headquartered at 'KP House', Canal Road, Bhatar, Surat, Gujarat, and holds ISO 14001:2015, ISO 9001:2015, and ISO 45001:2018 certifications.

Historical Stock Returns for KP Energy

1 Day5 Days1 Month6 Months1 Year5 Years
+4.97%-1.83%-9.09%+0.64%-37.63%-35.60%

How will K.P. Energy manage debt servicing and balance sheet stress as it simultaneously funds two 100 MW IPP projects worth INR 1,700+ crores while sustaining 40-50% EPC revenue growth in FY27?

Given that approximately 50% of the current INR 3,000 crore order book is from group entities, what is the risk of revenue concentration and how might the company's margins evolve as it shifts toward a fully external customer pipeline?

With India targeting 140 GW of cumulative wind capacity by 2030 and K.P. Energy aiming for a 10 GW portfolio, how dependent is the company's long-term growth trajectory on the timely finalization of offshore wind policy frameworks in Gujarat and Tamil Nadu?

More News on KP Energy

1 Year Returns:-37.63%