Sector Alpha Week of 2026-09-11
Not SEBI Registered !! Not Investment advice !!
Sector Alpha — machine-written from the numbers · Data as of 2026-09-11

K.P. Energy Ltd

KPEL
Engineering - Turnkey Services

K.P. Energy Ltd's earnings have outrun its stock. EPS grew +55.2% in a year against a −47.9% price move.

The sharpest disagreement: annual EPS moved +55.2% against a −47.9% price move — the market has not yet caught up with the delivery.

The price is in a downtrend (10 weeks in) while the P/E sits at the 6th percentile of its own 10-year range. Underneath, the last four quarters read improving — profit +4.0% year on year, and 90% of the last 3 years' profit arrived as cash. What settles it: whether the price catches up with earnings that have already moved.

Stage
Mixed
partial read
Price
₹215
−47.9% 1Y
P/E
8.0×
6th pctile
of its own 10-year range
Revenue (Jun 26)
₹519 Cr
+135.9% YoY
Profit (Jun 26)
₹26.0 Cr
+4.0% YoY
Operating margin
12.0%
−10.0 pp YoY
ROCE
39%
FY26
ROIC
22.0%
vs WACC 12.0% → +10.0 pp
Cash conversion
90%
of profit, last 3 FY
Unverified figures: Some figures on this page come from a second financial-data feed that could not be cross-checked against the primary source — the two do not share enough overlapping reported history to compare. They are drawn, because they are the only evidence there is, and every section carrying one is marked unverified. PEG is the exception: the quarterly curve is not drawn at all. PEG asks what is being paid for growth — both sides of that division come from the source that could not be checked, so it is withheld instead of marked.
01 · Price story

Price story Before the numbers, the tape. A stock price moves through four repeating seasons: a flat base (stage 1), an advance (2), a top (3), a decline (4). Where the price sits in that cycle frames everything below.

K.P. Energy Ltd trades at ₹215, in a downtrend and 10 weeks into that stage. That is −34.0% against its own 200-day average. It sits at 0% of a 52-week range of ₹215 to ₹423. On relative strength it is currently behind the NIFTY 500 on a trailing-13-week view (15 weeks and counting).

Today the stock is in a downtrend — week 10 of stage 4, confirmed. At ₹215 it trades −34.0% versus its 200-day average and sits at 0% of its 52-week range (₹215–₹423).

Sep 26: ₹215 Weekly closing price (₹) with 50- and 200-day averages; shaded bands mark the price stage (grey base, green advance, amber top, red decline). 3-year window.
−34.0% versus the 200-day line, week 10 of stage 4
Price50-day avg200-day avg
S2S4S2S4₹663₹509₹356₹203₹49.4₹215₹325Sep 23Jun 24Mar 25Jan 26Sep 26
S2S4S2S4₹663₹509₹356₹203₹49.4₹215₹325Sep 23Mar 25Sep 26
Beating or trailing, week by week since 2016 Each cell is one week from 2016 to now (548 weeks): the stock's trailing 13-week return minus the NIFTY 500's, green ahead / red behind (±25% ramp). Grey cells are the 13-week warm-up or weeks where the NIFTY 500 reading is not held.
trailing 13-week return vs the NIFTY 500
Mar 16Sep 26

Against the market, two honest reads. Cumulative: over the last 10.5 years the stock moved +5,801% while the NIFTY 500 moved +264% — ahead of the index over the full window. Recent form: on a trailing-13-week view the stock is currently behind (15 weeks and counting; last ahead the week of 2026-06-17) — the ribbon below is that same metric, week by week.

What would end the trend, mechanically: two Friday closes in a row below the 200-day line. That is the exit rule — no debates.

02 · Valuation

Valuation P/E is the price of ₹1 of annual profit: how many rupees the market pays for each rupee the company earns in a year.

K.P. Energy Ltd trades at 8.0× P/E, near the bottom of its own range — cheaper only 6% of the time. Its long-run median P/E is 17.6×, measured across 10.0 years of weekly readings. This places the multiple against the stock’s own record, and says nothing about what the business is worth.

Today's P/E of 8.0× is near the bottom of its own range — cheaper only 6% of the time, against a long-run median of 17.6× measured over 10.0 years of weekly readings. This is a comparison against the stock's own history — not a claim about what it is worth.

P/E 8.0× vs a 17.6× long-run median P/E, weekly (left axis); earnings per share, trailing twelve months, weekly (right axis). 10.0-year window; loss-period spikes above 53× shown pinned at the top. The eps (ttm) bars are red where the reading is lower than the quarter before.
near the bottom of its own range — cheaper only 6% of the time
P/EMedianEPS (TTM) (quarterly)
56.6×₹29.443.2×₹22.029.7×₹14.716.2×₹7.32.8×₹0.0×7.90×₹27Aug 16Feb 19Mar 22Jul 24Sep 26
56.6×₹29.443.2×₹22.029.7×₹14.716.2×₹7.32.8×₹0.0×7.90×₹27Aug 16Mar 22Sep 26
P/E
8.0×
6th percentile of 10y

Why the multiple sits where it does: over the past year annual EPS moved +55.2% against a −47.9% price move — earnings outran the price, pushing the multiple DOWN its own range.

The price move, decomposed: over 5y, of the +66.9%/yr price move, ~+94.4%/yr came from earnings growth and ~−27.5 pp from the multiple (compressing); over 10y, of the +42.1%/yr price move, ~+42.6%/yr came from earnings growth and ~−0.5 pp from the multiple (roughly flat). The split is the honest approximate (price return minus earnings growth); it makes the rally itself visible instead of hiding it behind the percentile.

Put together: the multiple is low against its own past, so the story rests on the earnings line underneath it, not the multiple.

A quarterly PEG curve, which only the second data source carries, is not drawn on this page: its two data sources do not share enough overlapping reported history to be compared. A figure nobody could check is not used to price growth — the gap is a decision, not missing data.

03 · What the price assumes

What the price assumes This reading works the multiple backwards. It asks one question: what yearly rate of profit growth is a buyer at the market price already paying for? The number is the growth rate that makes eleven years of profit — six years growing, then five fading — add up to that day's market price, once each year is discounted at 11% a year.

Solved at its 13 June 2026 price, K.P. Energy Ltd was paying for profit growth of about 4.5% a year. Profit itself has compounded 43.2% a year over the past 10 years. Today the market pays 8.0× P/E, the 6th percentile of its own 10-year range.

What the two numbers say together. The multiple is low against its own past, and the growth the price is paying for is below what this company has actually delivered.

How to hold this number: it is a reading of one day's price, taken on 13 June 2026, not a running figure — every other number on this page, the multiple included, is read off the live quote as of 11 September 2026. A higher price is paying for more growth and a lower price for less, so it moves whenever the price does, and this page does not restate it between measurements.

04 · Stage: Mixed

Stage: Mixed Every business sits somewhere on a fundamental arc, and this page names the spot before anything else. The last twelve quarters of revenue, profit and EPS growth — plus the return the business earns on its capital — are read as curves: Deteriorating (the curves are falling), Turning around (a trough has just formed and the last few quarters lift off it), Improving (the climb off the trough is sustained), Consistent (steadily positive with healthy returns), Topping out (still high but decelerating from the peak). When the curves genuinely disagree the read is Mixed; too little history is No read. CAGR (compound annual growth rate) is the smooth yearly pace that turns the starting value into the latest one — the fairest way to compare growth across different time spans. Read the columns together: if the 1-year number towers over the 10-year, recent growth is running hotter than the long-run trend. A dash means that window is not held, or the base year was a loss (where a growth rate is not meaningful).

K.P. Energy Ltd reads as mixed on its fundamental arc. Mixed — growth is normalizing off a hyper-growth base: revenue growth has eased from +98.9% at its peak to +74.1% but is still expanding, ROCE slipping at 39.0%. The read is built from 8 quarters across 4 curves, on partial evidence.

Growth, year by year: revenue +59.9% in FY26, profit +57.4% Year-over-year growth per fiscal year, %: revenue (left axis); net profit and EPS (right axis — profit growth swings far wider). Zero line drawn. Turnaround-year spikes shown pinned (▲).
Revenue YoYProfit YoYEPS YoY
271%332%184%217%97%103%10%−12%−76%−126%%%59.9%57.4%FY16FY21FY26
271%332%184%217%97%103%10%−12%−76%−126%%%59.9%57.4%FY16FY21FY26
Three growth curves, twelve quarters Year-on-year growth of trailing-twelve-month revenue (left axis), profit and EPS (right axis — they swing far wider), % at each quarter-end. A missing point means that reading is not held for the quarter.
the trajectory the stage is read from · revenue rolling over, profit rolling over
RevenueProfitEPS
118%108%97%92%76%75%55%59%34%43%%%74.1%49.2%47.2%Sep 23Dec 24Jun 26
118%108%97%92%76%75%55%59%34%43%%%74.1%49.2%47.2%Sep 23Dec 24Jun 26
ROCE Annual readings — the quarterly balance-sheet pieces this curve needs are not held for this stock, so the returns read moves once a year and carries less weight in the call.
the return curve, annual readings
ROCE
44%43%41%39%38%%39%FY23FY24FY26
44%43%41%39%38%%39%FY23FY24FY26
Revenue growth
Rolling over
latest +74.1% · span +40.1% to +112.3%
Profit growth
Rolling over
latest +49.2% · span +49.2% to +103.3%
EPS growth
Rolling over
latest +47.2% · span +47.2% to +102.3%
ROCE
Falling
latest 39.0% · span 38.0%–44.0%

Why it matters: when the curves disagree, the per-curve reads above matter more than any single verdict.

Return readings here are annual, not quarterly — read as level and direction only; they can confirm the growth curves but never drive the stage on their own.

A partial read: at least one curve is short, or the returns curve is not the computed quarterly series — hold the stage word a little more loosely.

Compound annual growth rate (%) Compound annual growth rate over each window, %. Revenue, profit and EPS from fiscal-year figures; share price is the price CAGR over the same spans. A dash = that window is not held, or the base was a loss.
1yr3yr5yr10yr
Revenue+59.9%+50.6%+83.5%+43.3%
Profit+57.4%+60.2%+97.7%+43.2%
EPS+55.2%+59.8%+96.8%+42.5%
Share price−47.9%+4.2%+66.9%+42.1%
Revenue YoY (Jun 26)
+135.9%
latest quarter vs a year ago
Profit YoY (Jun 26)
+4.0%
latest quarter vs a year ago
Revenue 10y
43.3%
long-run compound pace
05 · 4-Factor Sector Score

4-Factor Sector Score

51.0/100 — rank 2 of 9 in Engineering - Turnkey Services · 80% evidence confidence

K.P. Energy Ltd scores 51.0 out of 100 against the 9 companies it is compared with in Engineering - Turnkey Services, ranking 2. Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.

The four contributions add to the total exactly: 22.5 + 17.9 + 10.6 + 0 = 51. This is the SAME number shown on the sector comparison — it is computed once, for the whole peer set, and read here.

What would change it: The read weakens if profit growth turns negative or margin improvement reverses while sector-relative strength deteriorates.

06 · Revenue

Revenue Revenue is the top line: everything the company billed its customers in the period.

K.P. Energy Ltd reported ₹519 Cr of revenue in the Jun 26 quarter, +135.9% year on year. That is the 10th straight quarter of year-on-year growth. Over 10 years it has compounded at 43.3% a year. The last full year, FY26, came in at ₹1,497 Cr. The last four reported quarters add to ₹1,797 Cr.

FY26 revenue came in at ₹1,497 Cr (+59.9% on the year), capping 10 years at 43.3% compound. The latest quarter (Jun 26) printed ₹519 Cr, +135.9% year on year — the 10th consecutive quarter of year-over-year growth.

FY26 revenue ₹1,497 Cr (+59.9% YoY) Revenue bars, ₹ Cr (left); YoY growth-% line (right). 11-year window. A bar is red when it is lower than the year before.
43.3% a year over 10 years
RevenueYoY growth
1.6k271%1.2k184%80897%40410%0−76%₹ Cr%₹1,49759.9%FY16FY21FY26
1.6k271%1.2k184%80897%40410%0−76%₹ Cr%₹1,49759.9%FY16FY21FY26
Jun 26: ₹519 Cr (+135.9% YoY) Quarterly revenue bars, ₹ Cr (left); YoY growth-% line (right). Last 12 quarters. A bar is red when it is lower than the quarter before.
10th straight quarter of growth
Revenue (quarterly)YoY growth
683201%512141%34180%17120%0−41%₹ Cr%₹519135.9%Sep 23Dec 24Jun 26
683201%512141%34180%17120%0−41%₹ Cr%₹519135.9%Sep 23Dec 24Jun 26

Pace check: the last four quarters averaged +76.9% growth against the decade's 43.3% — the current year is running faster than its own long-run rate.

Acceleration check: trailing-twelve-month revenue grew +74.1% over the last 4 quarters against +92.3%/yr over the last 8 — rolling over; TTM profit +49.2% vs +74.2%/yr — rolling over.

07 · Operating margin

Operating margin Operating margin is what is left of every ₹100 of sales after running the business, before interest and tax. It is the cleanest read on pricing power and cost control.

K.P. Energy Ltd's operating margin is 12.0% in the Jun 26 quarter, −10.0 percentage points against the same quarter a year ago. Across 13 fiscal years the operating margin has ranged 7.0% to 26.0%. The current quarter sits inside that band.

The latest quarter's operating margin is 12.0%, −10.0 pp against the same quarter a year ago. Across 13 fiscal years the operating margin has ranged 7.0%–26.0%.

🚨 Why the margin moved: operating margin went −10.4 pp year on year while gross margin went −16.5 pp — the loss came mostly from the gross line: input costs and pricing.

FY26: 21.0% Operating margin by fiscal year, %, line (left); year-on-year change in the margin, in percentage points, line (right). 13-year window.
within a 7.0–26.0% band over 13 years
operating marginYoY change (pp)
28%13%22%6.4%17%0.0%11%−6.4%5.5%−13%%%21%2%FY14FY20FY26
28%13%22%6.4%17%0.0%11%−6.4%5.5%−13%%%21%2%FY14FY20FY26
Jun 26: 12.0% operating margin (−10.0 pp YoY) Quarterly operating margin, %, line (left); year-on-year change in the margin, in percentage points, line (right). Last 12 quarters. Operating profit as a share of revenue, per quarter.
Operating marginYoY change (pp)
24%5.1%21%1.1%18%−3.0%14%−7.1%11%−11%%%12%−10%Sep 23Dec 24Jun 26
24%5.1%21%1.1%18%−3.0%14%−7.1%11%−11%%%12%−10%Sep 23Dec 24Jun 26
08 · Net profit

Net profit Net profit is what survives every cost, interest and tax — the number EPS, dividends and book value all grow from.

K.P. Energy Ltd earned ₹26.0 Cr of net profit in the Jun 26 quarter, +4.0% year on year. It is the 10th consecutive quarter of growth. Full-year FY26 profit was ₹181 Cr. The 10-year compound rate is 43.2%. That is 5.0% of the quarter's revenue. The same quarter a year earlier earned ₹25.0 Cr.

Jun 26 profit was ₹26.0 Cr, +4.0% year on year — the 10th consecutive quarter of growth. On the full year, FY26 printed ₹181 Cr (+57.4%), and the 10-year compound rate is 43.2%.

FY26 profit ₹181 Cr (+57.4% YoY) Net profit bars, ₹ Cr (left); YoY growth-% line (right). 11-year window. A bar is red when it is lower than the year before.
43.2% a year over 10 years
Net profitYoY growth
195926%147652%98378%49104%0−170%₹ Cr%₹18157.4%FY16FY21FY26
195926%147652%98378%49104%0−170%₹ Cr%₹18157.4%FY16FY21FY26
Jun 26: ₹26.0 Cr (+4.0% YoY) Quarterly net profit bars, ₹ Cr (left); YoY growth-% line (right). Last 12 quarters. A bar is red when it is lower than the quarter before.
10th straight quarter of growth
Net profit (quarterly)YoY growth
85232%64163%4394%2125%0−44%₹ Cr%₹264%Sep 23Dec 24Jun 26
85232%64163%4394%2125%0−44%₹ Cr%₹264%Sep 23Dec 24Jun 26

Why profit moved: revenue contributed +135.9% and the margin −10.0 pp — the quarter was revenue-led despite a thinner margin.

Pace comparison, last four quarters: profit +44.4% vs revenue +76.9%. Profit is growing slower than sales — costs are eating the growth before it reaches the bottom line.

09 · Cash flow — the router

Cash flow — the router The P&L says what was earned; the cash-flow statement says what actually arrived. Operating cash flow (CFO) against profit is the cleanest lie detector in the accounts.

Over the last 3 fiscal years 90% of K.P. Energy Ltd's reported profit arrived as operating cash — the cash follows the profit. In FY26 that was ₹123 Cr of operating cash against ₹181 Cr of profit. After ₹150 Cr of capital spending, ₹−27.0 Cr was left as free cash.

FY26: operating cash of ₹123 Cr against reported profit of ₹181 Cr, leaving free cash of ₹−27.0 Cr after ₹150 Cr of capital spending. Across the last 3 fiscal years the conversion rate is 90% of profit.

Cash-flow readings here are annual — that is the resolution our series carries, so this section moves once a year.

FY26: CFO ₹123 Cr vs profit ₹181 Cr Operating cash flow and net profit by fiscal year, ₹ Cr; the line is free cash flow (CFO minus capital spending). 11-year window, annual resolution. FY21 reflects an acquisition year — point shown clipped.
90% of 3-year profit arrived as cash
Operating cashNet profitFree cash
20312343−38−118₹ Cr₹123₹181₹−27FY16FY21FY26
20312343−38−118₹ Cr₹123₹181₹−27FY16FY21FY26
FY26: CFO = 68% of profit (three-year rate 90%) Operating cash as a share of net profit, per fiscal year, % (line). Dashed line = 100% — every unit of profit arriving as cash; outlier years shown pinned.
Conversion100%
548%−351%−1,250%−2,149%−3,048%%68%FY16FY21FY26
548%−351%−1,250%−2,149%−3,048%%68%FY16FY21FY26

Why conversion sits at 90%: the cash cycle stretched 259 days between FY21 and FY26 — more of each rupee of profit waits inside the cycle before arriving.

Router verdict: the bigger cash user is investment — capital spending ran 9.1× depreciation over three years, so the next section's job is to check what that build-out is buying.

10 · Where the cash goes

Where the cash goes Working capital is the cash tied up between paying suppliers and getting paid: debtor days (customers owe), inventory days (stock waits), and the cash conversion cycle (the whole loop, in days of sales).

K.P. Energy Ltd's cash conversion cycle runs 280 days in FY26, up from 21 days in FY21. Capital spending ran ₹446 Cr over the last 3 years. At FY26 sales of ₹1,497 Cr each day of that cycle holds about ₹4.1 Cr, so roughly ₹1,148 Cr sits inside the business at any moment.

FY26: debtors at 41 days, inventory at 471 days — roughly 15.5 months of stock waiting to sell; that is where the cash sits while it waits — for a full cycle of 280 days, looser than FY21's 21.

The full loop: cash goes out to suppliers and production on day 0; stock waits 471 days to sell; customers pay about 41 days after that; and suppliers themselves are paid at 232 days — netting out to the 280-day cycle.

In money terms: at FY26 sales of ₹1,497 Cr, each day of the cycle holds about ₹4.1 Cr — so the 280-day loop keeps roughly ₹1,148 Cr sitting inside the business at any moment.

FY26: a 280-day cash cycle Debtor days, inventory days, payable days and the cash conversion cycle by fiscal year. 13-year window.
+259 days vs FY21
Cash cycleInventory daysDebtor daysPayable days
1,042762483203−77days280d471d41d232dFY14FY17FY20FY23FY26
1,042762483203−77days280d471d41d232dFY14FY20FY26

On the investment side: capital spending of ₹446 Cr over the last 3 fiscal years against ₹49.0 Cr of depreciation — the company is building well ahead of wear-and-tear. Capital work-in-progress stands at ₹0.0 Cr (FY26) — capacity paid for but not yet earning.

FY26: capex ₹150 Cr, work-in-progress ₹0.0 Cr Capital spending per fiscal year, ₹ Cr (bars); capital work-in-progress, ₹ Cr (line). Quarterly capital-spending history is not held for India — annual is the honest resolution.
a build-out
CapexWork-in-progress
279209139700₹ Cr₹150₹0FY16FY18FY21FY23FY26
279209139700₹ Cr₹150₹0FY16FY21FY26

The synthesis: the cash is going into capacity, not disappearing into the cycle — the question becomes whether the new capacity earns.

11 · Return on capital

Return on capital Return on capital employed (ROCE) is the profit the whole business earns on all the money in it — equity and debt together. It is the single best test of whether growth creates value or just size.⚠ unverified

K.P. Energy Ltd earns a ROCE of 39% in FY26. That is up from a trough of 7% in FY20. Return on invested capital clears the cost of that capital by +10.0 percentage points, so growth here adds value rather than only size. The wiring behind it is 12.1% net margin on 0.56× asset turns.

FY26 ROCE is 39%, recovered from a FY20 trough of 7% — the full ladder below shows the fall and the climb, undoctored.

Why the return is what it is — the wiring (FY26): 12.1% net margin × 0.56× asset turns × 5.14× balance-sheet leverage ≈ 34.8% on equity. Margin does its share; leverage is a meaningful part of the equation.

The capstone test — ROIC − WACC: 22.0% − 12.0% = a +10.0 pp spread. The 12.0% is a standing assumption for the cost of capital in India, not a per-stock estimate — read the sign and the size of the spread, not the decimals. A spread this wide means every rupee reinvested creates more than a rupee of value — the engine compounds.

FY26: ROCE 39% Return on capital employed by fiscal year, % (line); ROIC by fiscal year, % (line). 13-year window, dips included. Dashed line = the 12.0% cost of capital used on this page.
the climb back from FY20's 7%
ROCEROIC (annual)WACC
103%77%52%26%0.0%%39%26%FY14FY20FY26
103%77%52%26%0.0%%39%26%FY14FY20FY26
Q4 FY26: ROCE 31.9% (TTM) vs WACC 12.0% Trailing-twelve-month ROCE and ROIC, per quarter, %; dashed line = the cost of capital. Last 12 quarters, put on a trailing-twelve-month basis and anchored to the annual figure.
ROCE (TTM)ROIC (TTM)WACC
37%30%24%17%10%%31.9%25.4%Q1 FY24Q2 FY25Q4 FY26
37%30%24%17%10%%31.9%25.4%Q1 FY24Q2 FY25Q4 FY26
12 · Debt

Debt Debt-to-equity says how much of the business is funded by borrowings. Low is the safe corner; the trend matters as much as the level.⚠ unverified

K.P. Energy Ltd carries total debt of ₹523 Cr against shareholder equity of ₹522 Cr as of Mar 26, a debt-to-equity of 1.00. On the annual view that ratio went from 0.35 in FY22 to 1.00 in FY26. Read the returns elsewhere on this page with that leverage in mind.

Mar 26: total debt of ₹523 Cr against shareholder equity of ₹522 Cr — a debt-to-equity of 1.00. On the annual view, debt-to-equity went from 0.35 (FY22) to 1.00 (FY26). Read the returns on this page with that leverage in mind.

FY26: debt ₹523 Cr at 1.00× equity Total debt by fiscal year, ₹ Cr (bars); debt-to-equity, × (line). 5-year window.
Total debtDebt-to-equity
5651.2×4241.0×2820.8×1410.5×00.3×₹ Cr×₹5231.00×FY22FY24FY26
5651.2×4241.0×2820.8×1410.5×00.3×₹ Cr×₹5231.00×FY22FY24FY26
Mar 26: debt ₹523 Cr, debt-to-equity 1.00 Total debt per quarter, ₹ Cr (bars); debt-to-equity, × (line). Last 12 quarters. India reports the full balance sheet half-yearly, so the intervening quarter carries the prior reading forward.
Total debt (quarterly)Debt-to-equity
5651.4×4241.1×2820.9×1410.7×00.4×₹ Cr×₹5231.00×Jun 23Sep 24Mar 26
5651.4×4241.1×2820.9×1410.7×00.4×₹ Cr×₹5231.00×Jun 23Sep 24Mar 26
13 · Ownership

Ownership Who owns the stock, quarter by quarter: promoters (the controlling owners), foreign and domestic institutions, and the public. Steady accumulation by people close to the numbers is a signal; a quiet register is also an answer.

Domestic institutions added 1.0 points of K.P. Energy Ltd over 8 quarters, the biggest move on the register. That takes domestic institutions to 1.0% of the company. Promoters moved +0.3 points over the same window, to 45.3%. The register is read on the four disclosed classes only; nothing is inferred between filings.

The register over the last two years — Domestic institutions: +1.0 points over 8 quarters to 1.0%; Promoters: +0.3 points over 8 quarters to 45.3%; Foreign institutions: +0.2 points over 8 quarters to 0.5%.

Why the register moved: domestic institutions drove it (+1.0 points) — steady accumulation by institutions reading the same numbers this page reads.

Fiscal-year ends: promoters +0.6 pts from Mar 24 to Mar 26 Shareholding at each fiscal-year end (March quarter), % of the company. 3 year-ends held.
PromotersForeign inst.Domestic inst.Public
59%43%27%12%−4.4%%45.4%0.7%1%52.9%Mar 24Mar 25Mar 26
59%43%27%12%−4.4%%45.4%0.7%1%52.9%Mar 24Mar 25Mar 26
Domestic institutions added 1.0 points over 8 quarters Shareholding by holder class, % of the company, quarterly, last 13 quarters.
PromotersForeign inst.Domestic inst.Public
59%43%28%12%−4.4%%45.3%0.5%1.0%53.1%Jun 23Dec 24Jun 26
59%43%28%12%−4.4%%45.3%0.5%1.0%53.1%Jun 23Dec 24Jun 26
14 · Safety line

Safety line The Z-score estimates how far a company sits from balance-sheet distress — above roughly 3 is safe, below roughly 1.8 is the danger zone. It was built for manufacturers, so it is not applied to banks and lenders.

K.P. Energy Ltd: the Z-score is not available for this stock, so we say so rather than invent one. It is a distance-to-distress estimate from the balance sheet, not a forecast of failure. The debt, cash-flow and return sections above carry the balance-sheet evidence this page does hold, and each of them states its own reporting date.

The safety line in one sentence: the Z-score is not available for this stock, so we say so rather than invent one.

15 · Related companies · Engineering - Turnkey Services
CompanyScorePrice stageGrowth & earnings/35Capital efficiency/25Valuation/20Relative strength/20
1ACME Solar Holdings LtdACMESOLAR 66.1/100Favorable setup93% evidence LEADER 22.5/35 Revenue 47.5% · PAT 58.4% · OPM change -4 pp 100% evidence 11.4/25 ROCE 8.9% · OPM 86% 100% evidence 13.6/20 P/E 47.8× · PEG 0.8 65% evidence 18.6/20 RS sector 40.7% · RS bench 40% · 1Y 35.8%12 of 12 weeks ahead 100% evidence
Exact sum: 22.5 + 11.4 + 13.6 + 18.6 = 66.1 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
2K.P. Energy Ltdthis pageKPEL 51.0/100Mixed-positive evidence80% evidence ASLEEP 22.5/35 Revenue 74.1% · PAT 49.2% · OPM change -10 pp 95% evidence 17.9/25 ROCE 39.2% · OPM 12% 95% evidence 10.6/20 P/E 8× · PEG — 15% evidence 0.0/20 RS sector -35% · RS bench -34.9% · 1Y -48.7%3 of 12 weeks ahead 100% evidence
Exact sum: 22.5 + 17.9 + 10.6 + 0 = 51 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
3Ganesh Green Bharat LtdGGBL 50.1/100Thin evidence · provisional56% evidence BASING 18.7/35 Revenue — · PAT — · OPM change -7 pp 26% evidence 18.9/25 ROCE 35.4% · OPM 9% 95% evidence 11.1/20 P/E 7.1× · PEG — 15% evidence 1.4/20 RS sector -30% · RS bench -29.9% · 1Y -47.1%2 of 12 weeks ahead 100% evidence
Exact sum: 18.7 + 18.9 + 11.1 + 1.4 = 50.1 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.
4Pace Digitek LtdPACEDIGITK 47.9/100Thin evidence · provisional55% evidence ASLEEP 10.5/35 Revenue 14.9% · PAT 10.9% · OPM change -6 pp 95% evidence 17.2/25 ROCE 21.4% · OPM 16% 76% evidence 10.2/20 P/E 11.4× · PEG — 15% evidence 10.0/20 RS sector — · RS bench — · 1Y —5 of 11 weeks ahead 0% evidence
Exact sum: 10.5 + 17.2 + 10.2 + 10 = 47.9 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.
5Bajel Projects LtdBAJEL 47.6/100Mixed-negative evidence74% evidence ASLEEP 22.2/35 Revenue 2.1% · PAT 70.9% · OPM change 0.6 pp 95% evidence 7.9/25 ROCE 11% · OPM 3.3% 95% evidence 8.5/20 P/E 77.1× · PEG — 15% evidence 9.0/20 RS sector -9.8% · RS bench 1.5% · 1Y -10.6%1 of 10 weeks ahead 70% evidence
Exact sum: 22.2 + 7.9 + 8.5 + 9 = 47.6 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
6Enviro Infra Engineers LtdEIEL 45.0/100Mixed-negative evidence69% evidence TURNING 9.7/35 Revenue 15.4% · PAT 1.1% · OPM change -6 pp 95% evidence 16.6/25 ROCE 20.2% · OPM 21% 76% evidence 9.4/20 P/E 19.8× · PEG — 15% evidence 9.3/20 RS sector -24.3% · RS bench 3.7% · 1Y -15.4%3 of 10 weeks ahead 70% evidence
Exact sum: 9.7 + 16.6 + 9.4 + 9.3 = 45 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
7Supreme Infrastructure India LtdSUPREMEINF 42.1/100Mixed-negative evidence66% evidence TURNING 21.2/35 Revenue 74.5% · PAT 100% · OPM change 40 pp 71% evidence 1.9/25 ROCE -2.2% · OPM 5% 95% evidence 11.5/20 P/E 0.1× · PEG — 15% evidence 7.5/20 RS sector -24.6% · RS bench 1.7% · 1Y -15.8%6 of 10 weeks ahead 70% evidence
Exact sum: 21.2 + 1.9 + 11.5 + 7.5 = 42.1 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
8Goel Construction Company Ltd544504 56.3/100Thin evidence · provisional36% evidence ASLEEP 17.7/35 Revenue — · PAT — · OPM change 1 pp 26% evidence 17.2/25 ROCE 33.9% · OPM 11% 76% evidence 9.8/20 P/E 12.8× · PEG — 15% evidence 11.6/20 RS sector — · RS bench 16.3% · 1Y —8 of 12 weeks ahead 25% evidence
Exact sum: 17.7 + 17.2 + 9.8 + 11.6 = 56.3 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.
9EMA India Ltd522027 48.4/100Thin evidence · provisional32% evidence 14.4/35 Revenue — · PAT 100% · OPM change — 18% evidence 7.0/25 ROCE -1036% · OPM — 46% evidence 10.0/20 P/E — · PEG — 0% evidence 17.0/20 RS sector 80.9% · RS bench 66.3% · 1Y 138.1%12 of 12 weeks ahead to 2026-03-29 70% evidence
Exact sum: 14.4 + 7 + 10 + 17 = 48.4 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.

Missing observations are not scored as bad. Their missing weight lowers confidence and pulls the final score toward neutral. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step curve the sector itself is placed on — basing, turning, breaking out, leader, fading, asleep — read from how many weeks running it has led NIFTY 500 and whether that lead is widening or shrinking. It describes where the PRICE stands, not the earnings trajectory and not a recommendation, and it is left blank for a company whose weekly history is too short or too stale to read.

16 · Frequently asked questions

Frequently asked questions

What is K.P. Energy Ltd's share price today?

K.P. Energy Ltd trades at ₹215, −47.9% over the past year. The company is valued at ₹1,457 Cr. The stock sits at the very bottom of its 52-week range (₹215–₹423), −34.0% versus its 200-day average. On the tape, the price is in a downtrend, 10 weeks in. — as of 11 September 2026.

What were K.P. Energy Ltd's latest quarterly results?

K.P. Energy Ltd reported revenue of ₹519 Cr and net profit of ₹26.0 Cr for the Jun 26 quarter. Revenue rose 135.9% and profit rose 4.0% year on year. Earnings per share were ₹3.85. The operating margin was 12.0%, 10.0 pp lower than a year earlier. — as of 11 September 2026.

What is K.P. Energy Ltd's revenue?

K.P. Energy Ltd reported revenue of ₹519 Cr in the Jun 26 quarter, +135.9% year on year. For the full FY26 fiscal year, revenue was ₹1,497 Cr (+59.9%). Over the last 10 years revenue compounded at 43.3% a year. — as of 11 September 2026.

What is K.P. Energy Ltd's profit?

K.P. Energy Ltd earned ₹26.0 Cr of net profit in the Jun 26 quarter, +4.0% year on year — the 10th straight quarter of growth. Full-year FY26 profit was ₹181 Cr. The operating margin ran 12.0% in the latest quarter. — as of 11 September 2026.

What is K.P. Energy Ltd's market cap?

K.P. Energy Ltd's market capitalisation is ₹1,457 Cr at a share price of ₹215. Market cap is the share price multiplied by shares outstanding, so it is restated whenever the price moves. — as of 11 September 2026.

What is K.P. Energy Ltd's P/E ratio?

K.P. Energy Ltd trades at a P/E of 8.0×, at the 6th percentile of its own 10-year range, against a long-run median of 17.6×. This is a comparison with the stock's own history, not a value call — as of 11 September 2026.

Does K.P. Energy Ltd pay a dividend?

Yes — K.P. Energy Ltd's dividend payout was 3% of profit in FY26, and it recorded a payout in 8 of its last 13 reported fiscal years. This page holds the payout ratio, not a per-share amount. — as of 11 September 2026.

Is K.P. Energy Ltd overvalued?

On its own history, K.P. Energy Ltd looks cheap: its P/E of 8.0× has been cheaper only 6% of the time in 10 years (long-run median 17.6×). That is a percentile read against the stock's own past, not a price opinion or a direction call. — as of 11 September 2026.

Is K.P. Energy Ltd growing?

Yes — K.P. Energy Ltd is growing: latest-quarter revenue +135.9% year on year, profit +4.0%, and the margin −10.0 pp at 12.0%. The 10-year compound rates are 43.3% (revenue) and 43.2% (profit). The earnings engine currently reads: improving — as of 11 September 2026.

How is K.P. Energy Ltd performing?

K.P. Energy Ltd is in a downtrend, 10 weeks in. Its latest quarter's revenue rose 135.9% and profit rose 4.0% year on year. Against the NIFTY 500 it has been behind on a trailing-13-week view for 15 weeks. This describes what the data did, not a rating. — as of 11 September 2026.

What stage is K.P. Energy Ltd in?

Mixed — growth is normalizing off a hyper-growth base: revenue growth has eased from +98.9% at its peak to +74.1% but is still expanding, ROCE slipping at 39.0%. The read comes from the last 12 quarters of growth (revenue growth +74.1% latest, profit growth +49.2% latest, eps growth +47.2% latest) plus the ROCE curve, classified by deterministic rules — a trajectory read, not a buy or sell call — as of 11 September 2026.

Is K.P. Energy Ltd in an uptrend?

No — the price is in a downtrend (week 10 of stage 4), trading −34.0% versus its 200-day average and at the very bottom of its 52-week range. Price stages cycle base → advance → top → decline, and the stage names where this stock sits in that cycle — as of 11 September 2026.

Is K.P. Energy Ltd beating the market?

Not lately — on a trailing-13-week view K.P. Energy Ltd is currently behind the NIFTY 500 (15 weeks and counting; last ahead the week of 2026-06-17), the same metric the week-by-week ribbon on this page draws. Separately, on the cumulative view: over the last 10.5 years the stock moved +5,801% against the NIFTY 500's +264% — ahead of the index over the full window. — as of 11 September 2026.

Will K.P. Energy Ltd's share price go up?

This page publishes no price forecast for K.P. Energy Ltd. What it measures instead: the share price is ₹215, the price is in a downtrend 10 weeks in. Its P/E of 8.0× sits at the 6th percentile of its own 10-year range. — as of 11 September 2026.

Who owns K.P. Energy Ltd?

Promoters hold 45.3% of K.P. Energy Ltd, foreign institutions 0.5%, domestic institutions 1.0% and the public 53.1% (latest quarter). The biggest move on the register over the last two years: Domestic institutions added 1.0 points over 8 quarters. — as of 11 September 2026.

Does K.P. Energy Ltd have too much debt?

It is moderate — K.P. Energy Ltd's debt-to-equity is 0.84, and operating profit covers the interest bill 7×. FY26 borrowings were ₹442 Cr against equity of ₹524 Cr. Read the returns on this page with that leverage in mind — as of 11 September 2026.

What is K.P. Energy Ltd's capex?

K.P. Energy Ltd spent ₹446 Cr on capital expenditure over the last 3 fiscal years, a figure derived from the change in fixed assets plus depreciation. In FY26 alone that was ₹150 Cr, with ₹0.0 Cr in capital work-in-progress — capacity paid for but not yet earning. — as of 11 September 2026.

What is K.P. Energy Ltd's cash flow?

K.P. Energy Ltd generated ₹123 Cr of operating cash flow in FY26 and ₹−27.0 Cr of free cash flow after ₹150 Cr of capital spending. Reported profit that year was ₹181 Cr, so operating cash ran behind profit. Cash-flow resolution for India is annual. — as of 11 September 2026.

Is K.P. Energy Ltd's profit real cash?

Yes — over the last 3 fiscal years, 90% of K.P. Energy Ltd's reported profit arrived as operating cash. In FY26, operating cash was ₹123 Cr against reported profit of ₹181 Cr. The cash then goes mostly into building capacity. Cash-flow resolution is annual — as of 11 September 2026.

Where is K.P. Energy Ltd in its business cycle?

K.P. Energy Ltd's FY26 operating margin was 21.0%, against a 13-year band of 7.0%–26.0%: mid-band by its own history — neither the peak that precedes mean-reversion nor the trough that precedes recovery. The latest quarter ran 12.0%. Profitability versus a company's own long band is the cleanest cycle clock this page holds — as of 11 September 2026.

What growth does K.P. Energy Ltd's price assume?

At its price on 13 June 2026, K.P. Energy Ltd was priced for profit growth of about 4.5% a year. Profit itself has compounded 43.2% a year over the past 10 years. The figure reads the multiple backwards: the growth a buyer at that price was already paying for. — as of 11 September 2026.

What could break the K.P. Energy Ltd story?

The sharpest disagreement: annual EPS moved +55.2% against a −47.9% price move — the market has not yet caught up with the delivery. Mechanically, two Friday closes in a row below the 200-day average would end the price trend — that is the exit rule this page tracks — as of 11 September 2026.

Is K.P. Energy Ltd a stock worth studying right now?

This is not investment advice. The machine read: K.P. Energy Ltd's earnings have outrun its stock. EPS grew +55.2% in a year against a −47.9% price move. The sharpest open question: whether the price catches up with earnings that have already moved. Every number on this page is drawn deterministically from the raw series, with no forecasts and no price opinions — as of 11 September 2026.

Sector Alpha — machine-written from the numbers · Data as of 2026-09-11. Every chart on this page is drawn by deterministic code from the raw series — no forecasts, no price opinions, and nothing here is investment advice.

Not SEBI Registered !! Not Investment advice !!

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