KPI Green Energy Limited (KPIGREEN) - Net Assets
Based on the latest financial reports, KPI Green Energy Limited (KPIGREEN) has net assets worth Rs28.71 Billion INR (≈ $310.49 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs61.64 Billion ≈ $666.60 Million USD) and total liabilities (Rs32.93 Billion ≈ $356.12 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check strategic asset allocation of KPI Green Energy Limited to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs28.71 Billion |
| % of Total Assets | 46.58% |
| Annual Growth Rate | 82.69% |
| 5-Year Change | 2241.73% |
| 10-Year Change | 19293.86% |
| Growth Volatility | 90.06 |
KPI Green Energy Limited - Net Assets Trend (2014–2025)
This chart illustrates how KPI Green Energy Limited's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see market cap of KPI Green Energy Limited.
Annual Net Assets for KPI Green Energy Limited (2014–2025)
The table below shows the annual net assets of KPI Green Energy Limited from 2014 to 2025. Also explore KPI Green Energy Limited (KPIGREEN) net asset momentum to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | Rs26.30 Billion ≈ $284.40 Million |
+214.69% |
| 2024-03-31 | Rs8.36 Billion ≈ $90.38 Million |
+224.01% |
| 2023-03-31 | Rs2.58 Billion ≈ $27.89 Million |
+67.77% |
| 2022-03-31 | Rs1.54 Billion ≈ $16.63 Million |
+36.90% |
| 2021-03-31 | Rs1.12 Billion ≈ $12.14 Million |
+14.59% |
| 2020-03-31 | Rs979.99 Million ≈ $10.60 Million |
-1.05% |
| 2019-03-31 | Rs990.39 Million ≈ $10.71 Million |
+100.95% |
| 2018-03-31 | Rs492.87 Million ≈ $5.33 Million |
+55.59% |
| 2017-03-31 | Rs316.78 Million ≈ $3.43 Million |
+133.61% |
| 2016-03-31 | Rs135.60 Million ≈ $1.47 Million |
+262.90% |
| 2015-03-31 | Rs37.37 Million ≈ $404.09K |
+7.57% |
| 2014-03-31 | Rs34.73 Million ≈ $375.64K |
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Equity Component Analysis
This analysis shows how different components contribute to KPI Green Energy Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 138263.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rs6.55 Billion | 27.03% |
| Common Stock | Rs984.45 Million | 4.06% |
| Other Comprehensive Income | Rs2.94 Billion | 12.14% |
| Other Components | Rs13.76 Billion | 56.77% |
| Total Equity | Rs24.23 Billion | 100.00% |
KPI Green Energy Limited Competitors by Market Cap
The table below lists competitors of KPI Green Energy Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Guangzhou Lushan New Materials Co. Ltd.
SHG:603051
|
$607.15 Million |
|
Jinneng Science&Tech Co Ltd
SHG:603113
|
$607.15 Million |
|
Chang Jiang Shipping Group Phoenix Co Ltd
SHE:000520
|
$607.21 Million |
|
Spirox Corp
TW:3055
|
$607.42 Million |
|
Beibu Gulf Tourism Corp Ltd
SHG:603869
|
$607.04 Million |
|
Jiangsu Flowers King
SHG:603007
|
$606.99 Million |
|
Jiangxi Yuean Advanced Materials Co Ltd
SHG:688786
|
$606.86 Million |
|
Suzhou Xingye Material Tech
SHG:603928
|
$606.74 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in KPI Green Energy Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 8,356,838,000 to 24,233,711,000, a change of 15,876,873,000 (190.0%).
- Net income of 3,195,771,000 contributed positively to equity growth.
- Dividend payments of 118,321,000 reduced retained earnings.
- New share issuances of 14,774,270,000 increased equity.
- Other comprehensive income decreased equity by 4,812,095,001.
- Other factors increased equity by 2,837,248,001.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rs3.20 Billion | +13.19% |
| Dividends Paid | Rs118.32 Million | -0.49% |
| Share Issuances | Rs14.77 Billion | +60.97% |
| Other Comprehensive Income | Rs-4.81 Billion | -19.86% |
| Other Changes | Rs2.84 Billion | +11.71% |
| Total Change | Rs- | 189.99% |
Book Value vs Market Value Analysis
This analysis compares KPI Green Energy Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 2.33x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 636.04x to 2.33x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2014-03-31 | Rs0.45 | Rs284.45 | x |
| 2015-03-31 | Rs0.66 | Rs284.45 | x |
| 2016-03-31 | Rs1.25 | Rs284.45 | x |
| 2017-03-31 | Rs2.92 | Rs284.45 | x |
| 2018-03-31 | Rs6.35 | Rs284.45 | x |
| 2019-03-31 | Rs11.78 | Rs284.45 | x |
| 2020-03-31 | Rs9.04 | Rs284.45 | x |
| 2021-03-31 | Rs9.81 | Rs284.45 | x |
| 2022-03-31 | Rs13.43 | Rs284.45 | x |
| 2023-03-31 | Rs22.53 | Rs284.45 | x |
| 2024-03-31 | Rs72.78 | Rs284.45 | x |
| 2025-03-31 | Rs122.01 | Rs284.45 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently KPI Green Energy Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 13.19%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 18.41%
- • Asset Turnover: 0.36x
- • Equity Multiplier: 1.98x
- Recent ROE (13.19%) is below the historical average (20.83%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 14.09% | 5.49% | 0.38x | 6.73x | Rs1.42 Million |
| 2015 | 7.04% | 4.28% | 0.19x | 8.83x | Rs-1.11 Million |
| 2016 | 56.64% | 27.96% | 0.51x | 3.95x | Rs63.24 Million |
| 2017 | 25.65% | 31.54% | 0.31x | 2.61x | Rs49.57 Million |
| 2018 | 15.00% | 23.43% | 0.29x | 2.18x | Rs24.66 Million |
| 2019 | 8.99% | 25.80% | 0.21x | 1.63x | Rs-10.01 Million |
| 2020 | 6.57% | 10.86% | 0.20x | 3.04x | Rs-33.62 Million |
| 2021 | 12.78% | 13.87% | 0.22x | 4.28x | Rs31.25 Million |
| 2022 | 28.13% | 18.81% | 0.30x | 5.06x | Rs278.72 Million |
| 2023 | 42.51% | 17.03% | 0.51x | 4.87x | Rs838.36 Million |
| 2024 | 19.34% | 15.79% | 0.42x | 2.91x | Rs780.88 Million |
| 2025 | 13.19% | 18.41% | 0.36x | 1.98x | Rs772.40 Million |
Industry Comparison
This section compares KPI Green Energy Limited's net assets metrics with peer companies in the Utilities - Renewable industry.
Industry Context
- Industry: Utilities - Renewable
- Average net assets among peers: $102,814,476,286
- Average return on equity (ROE) among peers: 1.09%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| KPI Green Energy Limited (KPIGREEN) | Rs28.71 Billion | 14.09% | 1.15x | $607.06 Million |
| ACME Solar Holdings Limited (ACMESOLAR) | $20.09 Billion | 3.09% | 4.42x | $2.85 Billion |
| Adani Green Energy Limited (ADANIGREEN) | $225.73 Billion | 6.40% | 3.94x | $23.77 Billion |
| Inox Green Energy Services Limited (INOXGREEN) | $11.32 Billion | -5.39% | 0.90x | $743.87 Million |
| Karma Energy Limited (KARMAENG) | $429.58 Million | -23.23% | 2.40x | $5.16 Million |
| NHPC Limited (NHPC) | $359.19 Billion | 9.11% | 1.04x | $8.36 Billion |
| NTPC Green Energy Limited (NTPCGREEN) | $48.87 Billion | 3.50% | 2.77x | $8.07 Billion |
| SJVN Limited (SJVN) | $54.06 Billion | 14.14% | 0.70x | $2.72 Billion |
About KPI Green Energy Limited
KPI Green Energy Limited operates as an independent power producer that focuses on the development, construction, ownership, operation, and maintenance of renewable energy projects under Solarism brand name in India. The company operates through the Sale of Power & Plant and Sale of Plots segments. It also operates as a captive power producer that offers customized renewable energy solutions. In … Read more