TickerSutra

BSE: 544150 · ISIN INE0QVH01025

KP GREEN ENGINEERING LIMITED stock analysis

KP GREEN ENGINEERING LIMITED ranks #191 in the TickerSutra evidence-ranked universe with a score of 70/100 and 89% data confidence. The latest captured fundamentals show ROCE of 36.7%, quarterly sales growth of 65.1% and quarterly profit growth of 66.5%.
Complete evidence gate watch governance reviewUpdated 29 Sept 2026
TICKERSUTRA SCORE70/100

Watchlist candidate

#191 of 5,430 ranked equities
Market capitalisation₹1,398.75cr
ROCE36.7%
Quarterly sales growth65.1%
Quarterly profit growth66.5%
P/E ratio10.3×
Promoter pledge0.0%

INVESTMENT EVIDENCE

What supports—and challenges—the thesis

Evidence in favour

  • ROCE is 36.7%
  • 121.9% three-year sales CAGR
  • CWIP indicates an active capacity pipeline
  • No promoter shares are reported as pledged

Risks and constraints

  • Debt/equity is above 0.5×

Still unresolved: Related-party exposure · Broad media sentiment

FINANCIAL TRAJECTORY

Recent operating history

PeriodRevenueOperating profitNet profitOperating margin
2021₹39cr₹5cr₹2cr14.0%
2022₹78cr₹9cr₹5cr12.0%
2023₹114cr₹21cr₹12cr18.0%
2024₹349cr₹54cr₹35cr16.0%
2025₹695cr₹109cr₹74cr16.0%
2026₹1,246cr₹245cr₹136cr20.0%
Debt / equity0.76×
CFO / EBITDA0.63×
Operating margin20.0%
Free cash flow₹-211cr
Sales CAGR · 3Y121.9%
Profit CAGR · 3Y124.6%

EXCHANGE EVENT TRIGGERS

Latest corporate disclosures

0 positive catalysts0 negative catalysts2 routine filings

MANAGEMENT COMMENTARY

Signals from filed documents

Regulatory approvalHigh severity · 3 mentions
Positive catalyst

In this business, production alone is not enough. The real growth comes when your products are accepted and approved by state utility, PSU, national authority, private companies and global organizations. I am pleased to share that we have achieved significant progress across most verticals and continue to aggressively expand our reach.

Capacity expansion plansHigh severity · 1 mention
Positive catalyst

So there might be some disturbance. FY25-'26 has been a transformational year for the company, marked by strong execution, capacity expansion and significant financial growth. Our revenue grown by 78% to INR1,250 crores, EBITDA by 117% to INR249 crores and PAT by 85% to INR136 crores.

Backward integrationModerate severity · 6 mentions
Positive catalyst

This is a major competitive advantage that will significantly improve our execution speed, quality and production efficiency. The company is also strategically focused on strengthening its business through backward integration, in manufacturing capability and forward integration in execution business. This forward integration strategy is already visible through our direct participation in railway crash barrier projec

Working capital stretchLow severity · 2 mentions
Risk easing

The others have improved compared to previous. So, in the cash conversion cycle, there are around 150 days, which is as per the industry. You know, you have some cycles, 2.3, 2.5 cycles in such cases.

Margin expansionLow severity · 1 mention
Watch

So, it also depends upon the KP Green Engineering Limited May 13, 2026 Page 15 of 22 product mix. So, the reason for asking because some products are having a higher margin and some are having a lower margin, right? So, in this current order book, because we have more for the BSNL.

Raw material inflationLow severity · 1 mention
Watch

KP Green Engineering Limited May 13, 2026 Page 22 of 22 Prateek Chaudhary: Right. And usually raw material costs are a complete pass -through for you, right? Salim Yahoo: See, in bigger contracts and everything, clear cut raw material condition is that if there is any escalation more than 5%, it is passed on to the customer.

HOW TO READ THIS PAGE

Evidence, freshness and limitations

What does the TickerSutra score mean?

The score ranks captured evidence across financial quality, growth, moat and margins, regulatory catalysts, governance, institutional trend and valuation comfort. It is a research-prioritization tool—not a buy recommendation or price target.

Which sources support this page?

Financial history, ownership and pledge data, NSE and BSE filings, annual reports and available earnings-call transcripts are combined here. Use the source trail and original exchange document before relying on a decision-critical fact.

Why can an item be unresolved?

Unresolved means the current captured source window did not provide enough evidence for that check. It does not establish that a risk or relationship is absent.

Maintained by TickerSutra Research · Snapshot updated 29 Sept 2026 · Read the methodology · Read the disclaimer

DIRECTOR & BUSINESS NETWORK

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