15,000 per cent multibagger returns: Solar company bags repeat order of 100-MW solar power project from Avichal Power Pvt Ltd

DSIJ Intelligence-1 / 06 Jul 2025/ Categories: Multibaggers, Trending

15,000 per cent multibagger returns: Solar company bags repeat order of 100-MW solar power project from Avichal Power Pvt Ltd

The stock gave multibagger returns of 580 per cent in just 3 years and a whopping 15,000 per cent in 5 years.

KPI Green Energy Ltd announced that its subsidiary, Sun Drops Energia Private Limited, has received a repeat Letter of Award from Avichal Power Private Limited for the turnkey development of a 100 MW solar power project in Gujarat. This follow-on domestic contract signifies KPI Green Energy's leadership and execution excellence in the industry. The comprehensive scope of work includes end-to-end EPC delivery (Engineering, Procurement & Construction), supply of advanced module mounting systems and balance-of-plant materials, civil, structural, electrical & instrumentation works, and comprehensive Operations & Maintenance throughout the project lifecycle. The project is tentatively scheduled for completion in the financial year 2026-27, in various tranches.

KPI Green Energy Ltd, established in 2008 as part of the KP Group, is a renewable energy leader specialising in solar power generation. They operate under the "Solarism" brand, offering a comprehensive solution for both Independent Power Producers (IPPs) and Captive Power Producers (CPPs). Their services include developing, building, owning, managing, and maintaining solar power plants across Gujarat, with a current installed capacity exceeding 445 MW. They cater to IPPs by directly generating and selling solar electricity, while also providing Engineering, Procurement, and Construction (EPC) services to CPP clients who wish to set up their solar power facilities.

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According to Quarterly Results, the net sales increased by 97 per cent to Rs 578 crore and net profit increased by 142 per cent to Rs 104 crore in Q4FY25 compared to Q4FY24. In its annual results, the net sales increased by 70 per cent to Rs 1,755 crore and net profit increased by 101 per cent to Rs 325 crore in FY25 compared to FY24.

The company's shares have an ROE of 20 per cent and an ROCE of 18 per cent. The company has a market cap of over Rs 10,000 crore with a strong order book of 2.95+ GW. The stock gave multibagger returns of 580 per cent in just 3 years and a whopping 15,000 per cent in 5 years.

Disclaimer: The article is for informational purposes only and not investment advice.