KPI Green Energy Limited (NSE: KPIGREEN) informed the NSE on July 3, 2026, regarding the outcome of its board meeting held on the same date, continuing a period of active capital return activity for the Surat-based renewable energy company.

FY2025-26 Dividend Summary

The company's board, at its meeting on May 6, 2026, had already recommended a Final Dividend of ₹0.25 per equity share and a Special Dividend of ₹0.15 per equity share for the successful energisation of its 1 GW Independent Power Producer (IPP) project, totalling ₹0.40 per equity share for FY2025-26. This recommendation remains subject to shareholder approval at the forthcoming Annual General Meeting.

Combined with three interim dividends paid during FY2025-26, specifically ₹0.20 per share declared on August 5, 2025, ₹0.25 per share declared on November 7, 2025, and ₹0.20 per share declared on January 21, 2026, the total dividend outgo for FY2025-26 stands at ₹0.85 per equity share on a face value of ₹5 per share.

Year-on-Year Dividend Comparison

In FY2024-25, KPI Green Energy distributed a total of ₹0.80 per equity share, comprising interim dividends of ₹0.20 each declared in August 2024, November 2024, and February 2025, along with a final dividend of ₹0.20 per share. The FY2025-26 total of ₹0.85 per share represents a 6.25% increase over the previous year's payout, with the incremental uplift driven entirely by the one-time special dividend linked to the 1 GW IPP milestone.

Dividend History and Payout Trend

KPI Green Energy has maintained a consistent multi-instalment dividend policy since at least FY2023-24. The dividend history on record is as follows:

The trend indicates a gradual but steady upward trajectory in per-share distributions, with the company adopting a quarterly interim dividend rhythm supplemented by an annual final dividend.

Context for Investors

Since market quote and delivery data were not available at the time of this report, a precise dividend yield calculation against the current market price cannot be provided. Investors should note that at a hypothetical price of ₹361.75, the FY2025-26 total dividend of ₹0.85 per share would imply a trailing dividend yield of approximately 0.23%, which is characteristic of growth-oriented renewable energy companies that prioritise capital reinvestment alongside token cash returns.

The special dividend of ₹0.15 per share tied to the 1 GW IPP energisation is a non-recurring element. Investors evaluating the sustainability of future payouts should strip this out, placing the recurring FY2025-26 dividend at ₹0.70 per share, marginally below the FY2024-25 total of ₹0.80 per share on a like-for-like basis.

Company Background

KPI Green Energy Limited, listed on the NSE under the symbol KPIGREEN with ISIN INE542W01017, is engaged in solar power generation and provides captive and group captive power solutions alongside its IPP segment. The achievement of 1 GW IPP capacity, which triggered the special dividend, marks a significant operational milestone for the company within India's expanding renewable energy sector.

The full details of the July 3, 2026 board meeting outcome are available in the exchange filing on the NSE platform.