The stock of this green energy company Sun Drops Energia gave huge profits to many investors with its excellent returns.

Sun Drops Energia Private Limited, a small-scale company specializing in renewable energy projects, has recently captivated investor interest following the receipt of a Letter of Award for a solar energy project. The initiative, part of the Captive Power Producer (CPP) segment, aims to develop a combined capacity of 9 MW, expected to be completed by May 2025.

Financial Performance

In Q1 FY25, KPI Green Energy Limited, the parent company of Sun Drops, reported a revenue of ₹348 crore, with a net profit doubling to ₹66 crore compared to the previous year. The company’s annual revenue for FY24 reached ₹1,024 crore, a significant increase from ₹644 crore in FY23, solidifying its robust financial foundation.

Shareholding Pattern

Promoters hold a 48.77% stake in the company, with foreign institutional investors (FIIs) at 9.95% and domestic institutional investors (DIIs) at 1.50%. The remaining 39.80% is held by public investors, with both FIIs and DIIs increasing their stakes during Q2 FY25. This strong backing highlights the company’s status as a promising player in the solar energy sector.