KP Energy Limited delivered its strongest-ever financial performance in FY26, with consolidated total income rising 57% YoY to ₹1,506 Crores and Profit After Tax reaching a record ₹181 Crores.

The Gujarat-headquartered wind and hybrid renewable energy solutions provider also filed its Annual Report and Notice for the 17th Annual General Meeting scheduled for September 29, 2026, through Video Conferencing/Other Audio-Visual Means. The cut-off date for e-voting eligibility is September 22, 2026.

FY26 Financial Performance

KP Energy's consolidated results showed broad-based growth across all key metrics, with EBITDA margin expanding from 20% in FY25 to 22% in FY26.

The EPCC segment, which accounts for 97% of revenue, delivered 59% YoY growth to ₹1,452 Crores. During FY26, CARE Ratings upgraded KP Energy's credit rating by two full notches from BBB to A- (Stable).

Standalone Financial Results

On a standalone basis, revenue from operations rose 61% YoY to ₹1,487.55 Crores from ₹926.55 Crores, while standalone EBITDA grew 70% to ₹325.70 Crores. Standalone PAT increased 60% to ₹179.86 Crores, with basic EPS of ₹26.84.

Key Order Wins and Business Milestones

FY26 was marked by several strategic developments across all three business verticals:

IPP Segment:

• 100 MW ISTS-connected wind power project from Solar Energy Corporation of India (SECI) at a tariff of ₹3.67/unit under a 25-year PPA
• Letter of Intent from Gujarat Urja Vikas Nigam Limited (GUVNL) for 100 MW wind project at ₹3.44/unit for 50 MW base capacity and ₹3.43/unit for the balance 50 MW under a 25-year framework

EPC Segment:

• 99 MW turnkey wind EPC contract from Inox Renewable Solutions in Gujarat
• 40.8 MW wind-solar hybrid EPC project from Enerparc Energy in Gujarat
• 91.4 MW wind-solar hybrid EPC contract from JK Paper, including long-term O&M services

The company also received a Category-V Inter-State Electricity Trading Licence from the Central Electricity Regulatory Commission (CERC), enabling pan-India power market participation. KP Energy became the first company in South Gujarat to install India's first 'Make in India' 4.2 MW-160 wind turbine.

Project Pipeline and Portfolio

Five-Year Financial Trend

The following table illustrates KP Energy's consolidated financial trajectory:

Dividend and AGM Details

The Board has recommended a final dividend of ₹0.25 (5%) per equity share of face value ₹5 each for FY26, subject to shareholder approval at the AGM. Interim dividends aggregating ₹0.65 (13%) per share were already paid during the year, bringing the total FY26 dividend to ₹0.90 (18%) per equity share. The total cash outflow on account of dividends for FY26 amounts to ₹605.77 lakhs.

The 17th AGM is scheduled for September 29, 2026 at 11:30 a.m. IST via VC/OAVM. Key resolutions include appointment of M S K C & Associates LLP as Statutory Auditors for five years from the 17th AGM to the 22nd AGM, appointment of Prof. Sunil Kumar Maheshwari as Vice Chairman and Whole Time Director for five years effective July 3, 2026, and ratification of cost auditor remuneration of ₹50,000 for FY 2026-27.

Key Financial Ratios

K.P. Energy Limited has issued detailed guidelines on Tax Deduction at Source (TDS) for its final dividend of Re.0.25 per equity share for FY26. The record date for determining shareholder eligibility remains September 22, 2026.

The company clarified that dividend income is taxable in the hands of shareholders under the Income-Tax Act, 2025. Consequently, K.P. Energy will withhold tax at prescribed rates before disbursing the payout, subject to approval at the upcoming Annual General Meeting (AGM).

Dividend Details

The Board of Directors recommended the final dividend at a rate of 5% (Re.0.25) per share with a face value of ₹5 each during its meeting on May 7, 2026. The payment will be made electronically to shareholders registered in the depositories or register of members as on the record date.

TDS Provisions for Shareholders

The applicable TDS rates vary based on residential status and documentation provided by shareholders. Resident individuals with valid PANs face a 10% deduction, while those without PAN or with unlinked Aadhaar face a 20% rate under Section 397(2). No tax is deducted if the total dividend received does not exceed ₹10,000 in the tax year or if Form 121 is submitted for higher amounts.

Non-resident shareholders are subject to a 20% withholding tax plus surcharge and cess unless they avail benefits under Double Tax Avoidance Agreements (DTAA). To claim DTAA benefits, non-residents must submit a Tax Residency Certificate, Form 41, and other declarations by the cutoff date.

Submission Deadline and Process

Shareholders must submit relevant tax declaration forms and documents by September 21, 2026. Documents can be sent physically to the Registrar and Transfer Agent, Bigshare Services Private Limited, or via email to designated addresses. Failure to provide complete documentation may result in higher TDS deductions, though refunds can be claimed via income tax returns.

The notice was issued by Nisha Agarwal, Company Secretary & Compliance Officer, on September 5, 2026.