Which companies are KPI Green Energy's closest peers?

The cockpit's peer set: Guangdong Chant (002616.SZ), Century Wind Power (2072.TW), Zhejiang Sunoren Solar Technology (603105.SS), Shanghai Nenghui Technology (301046.SZ), Inox Green Energy Services (INOXGREEN.NS), West (1407.T), Waaree Renewable Technologies (WAAREERTL.NS), Pne (PNE3.DE).

Is KPI Green Energy expensive compared with its peers?

On forward p/e it trades at 12.0× against a peer median of 16.4×, 6th cheapest of 18 in its peer set.

How has KPI Green Energy stock performed?

Over six months to 6 Nov 2026 the shares returned -39.7% against -34.0% for the median peer; over one year -44.9%.

← CockpitCompetitor Analysis › KPIGREEN.NS KPI Green Energy LimitedOpen in the cockpit ↗

KPI Green Energy LimitedKPIGREEN.NSCompetitor analysis, valuation and peers

India · INR·Power & Utilities›Alternative Power Generation

Momentum laggard 3

Competitor Analysis ▸ Charts Open in the cockpit

Mkt cap

$615M

US dollars, full cap

Free float

45%

of shares outstanding

$/day

$2.14M

20-day average traded

Fwd P/E

12.0×

forward earnings

ROIC−WACC

+7.5 pp

WACC 11.8%

Hurdle

n/a

no reverse DCF

Next earnings

73 days

18 Jan 2027

Close · INR₹294.40

1D+0.4%

1W+6.2%

1M-12.0%

3M-21.6%

6M-39.7%

YTD-41.4%

1Y-44.9%

ATR %4.6%

Beta1.23

52w lowhigh45.7% off high

What KPI Green Energy does

Employees: 727

KPI Green Energy at a glance

Size KPI Green Energy (KPIGREEN.NS) is an India Utilities company (Alternative Power Generation) with a market value of $615M, the 769th largest of 1,058 India companies the cockpit tracks. Shares closed at ₹294.40 on 6 Nov 2026.

Performance Over six months the shares fell 39.7%, against -34.0% for the median peer and 0.0% for the India market (cap-weighted) — 4th lowest of 20 in its peer set.

Growth Revenue grew 40.0% over the last twelve months (peer median +15.2%); the operating margin is 30.3% (peer median 17.8%).

Valuation It trades at 12.0× forward earnings against a peer median of 16.4× (6th cheapest of 18).

Capital Return on invested capital runs 7.5 points above its cost of capital (11.8% WACC).

Next results Next results expected around 18 Jan 2027 (exchange calendar; dates can move).

Relative performance

Six months, rebased to 100: KPI Green Energy against the median of its 20 peers (local-currency closes).

KPI Green Energy financials

Reported figures in INR; fiscal year ends 2026-03-31. TTM = trailing twelve months.
	TTM	FY2025	FY2024	FY2023	FY2022
Revenue	₹27.9B	₹27.0B	₹17.4B	₹10.2B	₹6.44B
Revenue growth	—	+55%	+69%	+59%	—
Gross profit	₹11.2B	₹9.89B	₹6.18B	₹3.57B	₹2.03B
EBITDA	₹9.98B	₹9.82B	₹5.76B	₹3.43B	₹2.12B
Net income	₹4.58B	₹4.76B	₹3.20B	₹1.62B	₹1.10B
Free cash flow	n/a	-₹35.5B	-₹14.2B	-₹3.24B	-₹1.97B
Capital expenditure	n/a	₹38.8B	₹16.0B	₹1.87B	₹3.12B
Total debt	n/a	₹52.0B	₹14.7B	₹10.4B	₹6.76B

Quarterly statements and history in the cockpit →

KPI Green Energy competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

Up and to the right = strong over both horizons. KPI Green Energy is the large dot.

Fundamentals: revenue growth against valuation

Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. KPI Green Energy is the large dot.

KPI Green Energy competitors and peer comparison

How KPI Green Energy compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

KPI Green Energy against its 20 peers (data as of 6 Nov 2026)
Measure	KPIGREEN.NS	Peer median	Rank in peer set
1-month return	-12.0%	-9.5%	8th lowest of 21
6-month return	-39.7%	-34.0%	4th lowest of 20
Distance from 52-week high	-45.7%	-43.9%	9th lowest of 21
Revenue growth (TTM)	+40.0%	+15.2%	6th highest of 21
Operating margin	30.3%	17.8%	6th highest of 21
Forward P/E	12.0×	16.4×	6th cheapest of 18
ROIC minus cost of capital	+7.5 pp	-1.9 pp	highest of 21
EV / EBITDA	5.8×	17.1×	cheapest of 14
Net debt / EBITDA	4.5×	8.9×	5th least indebted of 15

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
Company	Market	Market cap	6M return	Revenue growth	Op. margin	Forward P/E	Req g	Delivered g
KPI Green Energy KPIGREEN.NS	India	$615M	-40%	+40%	30%	12.0×	n/a	n/a
Guangdong Chant 002616.SZ	China	$617M	-21%	-3%	7%	14.1×	-4.3%	+3.8%
Century Wind Power 2072.TW	Taiwan	$618M	-41%	+62%	22%	5.7×	-17.2%	+41.9%
Zhejiang Sunoren Solar Technology 603105.SS	China	$608M	-17%	+8%	23%	19.3×	3.7%	+11.6%
Shanghai Nenghui Technology 301046.SZ	China	$680M	+8%	-49%	-13%	2,690.0×	n/a	n/a
Inox Green Energy Services INOXGREEN.NS	India	$537M	-37%	+16%	2%	n/a	n/a	n/a
West 1407.T	Japan	$490M	-34%	+20%	23%	8.2×	-4.9%	-3.6%
Waaree Renewable Technologies WAAREERTL.NS	India	$810M	-30%	+78%	17%	12.2×	24.1%	+203.3%
Pne PNE3.DE	Germany	$442M	-47%	+13%	14%	n/a	n/a	n/a
Xinyi Energy 3868.HK	Hong Kong	$863M	-38%	+2%	54%	8.1×	-2.6%	+9.1%
SK Eternix 475150.KS	South Korea	$949M	-35%	+39%	9%	40.0×	n/a	n/a
RENOVA 9519.T	Japan	$397M	-38%	+14%	5%	17.1×	23.9%	+33.6%
EnergieKontor EKT.DE	Germany	$383M	-45%	+54%	19%	70.4×	n/a	n/a
Cox Infrastructure COXG.MC	Spain	$1.05B	-12%	+72%	9%	10.1×	n/a	n/a
Alerion Clean Power ARN.MI	Italy	$1.11B	-35%	+13%	51%	16.4×	n/a	n/a
XPLR Infrastructure, LP XIFR	United States	$1.38B	-38%	-1%	3%	3.0×	n/a	n/a
Scatec SCATC.OL	Norway	$1.50B	-16%	+16%	29%	n/a	n/a	n/a
Juniper Green Energy JNPR.NS	India	$1.54B	n/a	+1,313%	52%	100.5×	n/a	n/a
Clean Max Enviro Energy Solutions CLEANMAX.NS	India	$1.57B	+8%	+28%	44%	107.0×	n/a	n/a
Nyocor 600821.SS	China	$1.63B	-29%	-12%	12%	40.5×	6.8%	+20.6%
Jiaze Renewables 601619.SS	China	$1.65B	-34%	-5%	43%	15.0×	0.2%	+19.7%

Questions

Which companies are KPI Green Energy's closest peers?: The cockpit's peer set: Guangdong Chant (002616.SZ), Century Wind Power (2072.TW), Zhejiang Sunoren Solar Technology (603105.SS), Shanghai Nenghui Technology (301046.SZ), Inox Green Energy Services (INOXGREEN.NS), West (1407.T), Waaree Renewable Technologies (WAAREERTL.NS), Pne (PNE3.DE).
Is KPI Green Energy expensive compared with its peers?: On forward p/e it trades at 12.0× against a peer median of 16.4×, 6th cheapest of 18 in its peer set.
How has KPI Green Energy stock performed?: Over six months to 6 Nov 2026 the shares returned -39.7% against -34.0% for the median peer; over one year -44.9%.