Earnings call transcript: KPI Green Energy posts higher revenue in Q1 2026 By Investing.com

Contributing sentiments towards policy:

75% : As India accelerates its renewable energy transition, KPI Green Energy is well-positioned to contribute meaningfully through scale, execution, innovation and disciplined financial management.
70% : On behalf of KPI Green Energy Limited, I extend a warm welcome to all our investors, analysts, shareholders and participants joining us today for the earning conference call for the quarter ended June 30, 2026.
70% : Salim Yahoo, Chief Financial Officer, KPI Green Energy Limited: Thank you.
70% : Salim Yahoo, Chief Financial Officer, KPI Green Energy Limited: Thank you.
69% : This demonstrates that KPI Green Energy Limited remains well-aligned with India's renewable energy requirement and continues to create sustainable value for shareholders.
68% : KPI Green Energy Limited: Yes.
66% : Key Takeaways * Total income rose 16% year over year, showing continued growth in the company's renewable energy business.
66% : Company Performance KPI Green Energy said Q1 FY 2027 marked a strong start to the year, with growth in both its independent power producer, or IPP, business and its corporate power purchase, or CPP, segment.
66% : This continues to reinforce the market confidence in KPI Green Energy business model, governance standard and renewable growth platform.
65% : Group CEO Dr. Alok Das said data centers are an emerging opportunity for renewable energy suppliers.
65% : Full transcript - KPI Global (KPIG) Q1 2027: Conference Moderator: Ladies and gentlemen, good day and welcome to the KPI Green Energy Limited Q1 FY 2027 earnings conference call.
65% : On behalf of Ernst & Young, I welcome you to the Q1 FY 2027 earnings conference call of KPI Green Energy Limited.
65% : Both leaders, having decades of experience across strategy, governance, business transformation, renewable energy, infrastructure, and organization leadership, further strengthen the depth and capability of our board as we enter the next phase of growth.
65% : Your continued trust, confidence, and unwavering support in KPI Green Energy mean a great deal to us.
64% : KPI Green Energy Limited has made a strong start to the financial year FY 2026/2027.
64% : Our strategy is to build an integrated renewable energy platform with strong execution capabilities, predictable annuity revenue and long-term value creation for all the stakeholders.
64% : Thank you so much. Salim Yahoo, Chief Financial Officer, KPI Green Energy Limited: Yes.
64% : Salim Yahoo, Chief Financial Officer, KPI Green Energy Limited: Thank you, sir.
62% : Myself, Vinod Jain, Head of Investor Relations at KPI Green Energy.
62% : In Botswana, we have signed an MoU with the government for 5 gigawatt of renewable energy, with planning for first 500 megawatt phase underway.
62% : My another last question was, you mentioned that for both KP Energy and KPI Green Energy, because of the geopolitical tensions.
61% : Thank you, and over to Mr. Salim Yao. Salim Yahoo, Chief Financial Officer, KPI Green Energy Limited: Thank you, Vinod.
61% : Just wanted to Salim Yahoo, Chief Financial Officer, KPI Green Energy Limited: I understand.
61% : On behalf of KPI Green Energy Limited, that concludes this conference.
60% : KPI Green Energy Limited: Yes. Shrenik Mehta, Analyst, IndoArab Wealth:
60% : Salim Yahoo, Chief Financial Officer, KPI Green Energy Limited: I request you, everyone can join again in the KP Energy con call.
59% : Over to you, Mr. Jain. Vinod Jain, President, Investor Relations, KPI Green Energy Limited: Thank you, Cyril.
59% : In the UAE, through a global alliance with the Fabtech Group and F+ Healthcare Technologies, execution is underway for the solar power project integrated with battery energy storage system, awarded to our subsidiary, Sun Drops Energia Limited, to power constrained data and containerized data center facilities.
59% : I am doing the EBITDA of INR 1,200. Salim Yahoo, Chief Financial Officer, KPI Green Energy Limited: Yes.
59% : Subhash, Individual Investor, Value Investments: Hello, am I audible? Salim Yahoo, Chief Financial Officer, KPI Green Energy Limited: Yes, Subhash.
58% : Given the expansion of our IPP segment, could you give us some color on how you see the debt and cash position evolving going forward? Salim Yahoo, Chief Financial Officer, KPI Green Energy Limited: IPP segment at present, we are at a very comfortable leverage, as you can say.
58% : Parth Kotak, Analyst, Plus91 Asset Management: 500. Salim Yahoo, Chief Financial Officer, KPI Green Energy Limited: 500 acres of land has already been acquired.
58% : Salim Yahoo, Chief Financial Officer, KPI Green Energy Limited: See, as I told you, going forward, the stabilization of the plant is a major factor which will help.
57% : Salim Yahoo, Chief Financial Officer, KPI Green Energy Limited: 500 acres.
56% : Aman Soni, Analyst, Seven Alpha Investors Private Limited: Hello, am I audible? Salim Yahoo, Chief Financial Officer, KPI Green Energy Limited:
56% : But as per Income Tax Act, we get 40% depreciation benefit.
56% : Salim Yahoo, Chief Financial Officer, KPI Green Energy Limited: See, in the previous con call, whenever somebody asked us, it is more on the sales side.
55% : Salim Yahoo, Chief Financial Officer, KPI Green Energy Limited: 85% is the EBITDA.
55% : Salim Yahoo, Chief Financial Officer, KPI Green Energy Limited: H2, we will try.
55% : If the INR 8,000 crores has been accounted for and the remaining INR 4,200 crores is what going to get accounted for the rest of the, in subsequently - Salim Yahoo, Chief Financial Officer, KPI Green Energy Limited: As you are aware, in the quarter, we don't prepare the balance sheet.
55% : I know there is a con call later tonight, later in the evening at 3:00 P.M. Salim Yahoo, Chief Financial Officer, KPI Green Energy Limited: I have already answered a couple of questions on the KP Energy also with this.
55% : What concrete actions are being taken to restore longstanding investor confidence and, more importantly, attract institutional investors? Salim Yahoo, Chief Financial Officer, KPI Green Energy Limited: See, management.
54% : KPI Green Energy Limited
54% : Sunil Kumar, Individual Investor: Sir, am I audible? Salim Yahoo, Chief Financial Officer, KPI Green Energy Limited:
53% : KPI Green Energy Limited reported higher revenue and stronger operating profit in the June quarter, but net profit fell as depreciation and finance costs rose with the company's expanding asset base.
53% : Profit after tax declined 14% to INR 95 crore.
53% : Profit after tax for the quarter stood at INR 95 crore as compared to INR 111 crore in quarter FY 2026.
53% : Yes. Aman Soni, Analyst, Seven Alpha Investors Private Limited: Yes. Salim Yahoo, Chief Financial Officer, KPI Green Energy Limited: If you understand geopolitical condition, the major impact is from the fuel.
53% : Salim Yahoo, Chief Financial Officer, KPI Green Energy Limited: See, I think we have to see.
53% : One, is the interest cost, do we continue to see around INR 250 odd crore for this year and depreciation around INR 200 odd crore for the entire year? Salim Yahoo, Chief Financial Officer, KPI Green Energy Limited: The calculation that we are looking at interest cost.
52% : If you could give us some quarterly run rate. Salim Yahoo, Chief Financial Officer, KPI Green Energy Limited: See, as I told you, our IPP segment has energized a substantial portion of our existing projects in hand.
52% : Aman Soni, Analyst, Seven Alpha Investors Private Limited: How we should look at interest cost and depreciation for rest of the year, full year FY 2027? Salim Yahoo, Chief Financial Officer, KPI Green Energy Limited: See, now the debt has already been taken and the IDC that we call, the interest during construction, has been utilized since we have completed the project, our portion of the project.
52% : This gap is what probably is a challenge for the company right now. Salim Yahoo, Chief Financial Officer, KPI Green Energy Limited: No, Shashank, you are losing out on one factor.
52% : KPI Green Energy Limited: For the CPP, if the issues get resolved, I might jump back to my existing, but there is also a lot of other factors.
52% : But what is that number? Salim Yahoo, Chief Financial Officer, KPI Green Energy Limited:
52% : Because that has been a concern. Salim Yahoo, Chief Financial Officer, KPI Green Energy Limited: See, institutional investors are still there.
51% : Looking at the strain that this is building up, are we looking at changing anything in terms of the proportion for the future between the CPP and IPP? Salim Yahoo, Chief Financial Officer, KPI Green Energy Limited: See, as we have earlier in our concalls also said that, we will try to maintain IPP at a level of 20% odd of the total revenue mix.
50% : Is it in the terms of the supply bottleneck or- Salim Yahoo, Chief Financial Officer, KPI Green Energy Limited:
50% : CA Garvit Goyal, Analyst, Serene Alpha: Then that means the profit from IPP segment before tax is only INR 50 crore.
48% : For KPI Green Energy, you mentioned one of the strongest reason for the drop in the margins was because of the realization of depreciation and finance cost in the current quarter, but the revenues will be generated in the future quarters, which will cover up the lost margins right now.
47% : Can you throw some little light on these, like, where these issues stand in your governance framework right now and what else you are looking to cater to? Salim Yahoo, Chief Financial Officer, KPI Green Energy Limited: Yesterday what he mentioned was more on the, what we say, it is not about any issues of governance, it is more about the change in the auditors.
45% : Is this a one-time issue or is this the new normal gross margin that we are going to see in the coming years or coming quarters? Salim Yahoo, Chief Financial Officer, KPI Green Energy Limited: See, gross margin, as I told you, one of the factor for the impact on the margin is the geopolitical issues.
42% : Because of the geopolitical tensions, where are you facing trouble? Salim Yahoo, Chief Financial Officer, KPI Green Energy Limited: We are facing on the cost side.
38% : Salim Yahoo, Chief Financial Officer, KPI Green Energy Limited: I said conservative is only for that one gigawatt what we are doing.

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