Utilities / Renewable Energy
₹00.1139
KKVAPOW
KKV Agro Powers Limited, incorporated in 2012, is engaged in wind and solar power renewable energy generation and bullion trading. KKV Agro Powers Limited is an India-based independent power producer (IPP) and renewable power generation company that develops, builds, owns, operates and maintains utility scale grid connected solar and wind farm projects and sale of electricity. The company was originally incorporated as Nachas Wind Energy Private Limited on June 05, 2012 in Coimbatore and was converted from a Private Limited to a Public Limited company with the name change to KKV Agro Powers Limited, receiving a fresh Certificate of Incorporation on May 18, 2015.
The company is promoted by Mr. T. K. Chandiran and Mrs. C. Selvi and is engaged in the business of power generation from renewable energy sources wind and solar. Based in Tamil Nadu, the company has its registered office in Vivagaa Building, No 637 Oppanakara Street, Coimbatore, Tamil Nadu, 641001.
KKV Agro Powers operates through multiple business divisions. The company operates under two primary segments: Business of generation & sale of electricity and Trading of Precious Metals. Apart from power generation, the company has 2 other divisions namely Jewelry Manufacturing (Sale of Gold Coins/Bullion, Purification Charges & Retail jewelry sales), Agriculture and Textile.
The company has an installation capacity of 10.6 MW that includes an installation of 7.6 MW Wind Energy and 3 MW Solar energy. The company's plants are located in the state of Tamil Nadu, which includes Pollachi, Tirunelveli, Palladam and Kangeyam. The Company adopts a nature-friendly approach to Wind Generation by using the most advanced technology that have been sourced from experienced nations across the world.
The company is trading REC generating from its plants in IEX and PXIL through TATA Power Trading Company Limited. Company has applied for connectivity at selected wind and solar resource sites and is in advance stage of land control and acquisition.
As of July 16, 2025, the market cap of KKV Agro Powers Limited (KKVAPOW) is ₹37.55 Cr. The company has shown strong revenue growth over the years, with revenue growing at a yearly rate of 89.54% over the last 5 years, compared to the industry average of 15.64%. The company reported revenue of ₹962 Cr and profit of ₹1.69 Cr.
However, the company faces some profitability challenges. The company has a low return on equity of 5.06% over the last 3 years, and net income has grown at a yearly rate of -10.17% over the last 5 years, compared to the industry average of 26.88%. On a positive note, the company has reduced debt.
- Market Capitalization: ₹37.55 Cr (as of July 16, 2025)
- Revenue: ₹962 Cr
- Profit: ₹1.69 Cr
- P/E Ratio: 22.22
- P/B Ratio: 1.77
- Return on Equity: 5.06% (3-year average)
The 52-week high of KKV Agro Powers Limited (KKVAPOW) is ₹1072.70 and the 52-week low is ₹484.50. KKV Agro Powers Limited (KKVAPOW) belongs to the Utilities sector & Renewable Energy sub-sector.
As of the last reported quarter, Promoters held 69.7%, and the public held 30.4% of the total shares. Promoter holding in KKV Agro Powers Ltd has gone up to 69.63 per cent as of Sep 2024 from 69.55 per cent as of Mar 2023.
The company's management team includes Tirupur Kulandaivel Chandiran as Chairman & Managing Director and Kavya Das Ram as Company Secretary & Compliance Officer. B Thiagarajan & Co serves as the auditor for KKV Agro Powers Ltd.
The company has been active in corporate governance and shareholder communication. KKV Agro Powers announced that the Board of Directors at its meeting held on 30 May 2025 recommended a final dividend of Rs 5 per equity share (i.e. 50%), subject to shareholder approval. The company held its 12th Annual General Meeting (AGM) on 18 September 2024.
KKV Agro Powers Limited represents a growing player in India's renewable energy sector, combining power generation capabilities with diversified business interests in precious metals trading. While the company shows strong revenue growth and expanding market share, investors should note the challenges in profitability metrics when evaluating investment potential.