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Earnings Call Transcript

Juniper Green Energy Earnings Call Transcript: Key Takeaways

Juniper Green Energy delivered record Q2 income and EBITDA behind massive wind capacity expansion.

Guidance and delivery
Management target EBITDA March 2027
Highlights
Revenue growthIncome grew 2.3x YoY to ₹372 Cr in Q2.
MarginsEBITDA margin reached 91% due to high wind CUF performance.
Order bookPortfolio stands at 11.2 GW peak plus 9 GWh BESS.
Demand visibilityStrong; India's renewable capacity reached ~300 GW by September 2026.
Management confidenceConfident, highlighting record quarterly totals and credit rating upgrades.

Growth

Total income grew 2.3x YoY to ₹372 Cr; EBITDA grew 2.6x YoY.

Outlook

Commissioning guidance maintained at 2 GW generation and 1.7 GWh BESS for FY27.

Risks

Transmission delays in the Stellar project and BESS curtailment risks remain notable triggers.

Last quarter's promises, checked

Delivered

  • Guided 250–300 MW Q2 adds → delivered 316 MW renewable (= BEAT)

Partly delivered

  • Guided 2 GW FY27 → 601 MW Q1 + 316 MW Q2 commissioned, guidance maintained (= PARTIAL)
  • Guided ~₹22,000 Cr capex by Mar-27 → ₹2,600 Cr Q2 spend, cumulative undisclosed (= PARTIAL)
  • Guided no grid slippage on 2 GW, substation by Dec → Stellar transmission still flagged as risk (= PARTIAL)

Missed

  • Guided >2 GW + ~4 GWh LOA-to-PPA conversion 'in next few months' → portfolio flat at 11.2 GW/9 GWh, no conversion disclosed (= MISS)
Source

Earnings Call Transcript filed with NSE, NSE: JNPR. Summary written with AI assistance from the document.

Read the document ↗

Juniper Green Energy Ltd: key numbers

Share price
₹255.81
Market cap
₹14,556 Cr
Revenue (annual)
₹718.9 Cr
Net profit (annual)
₹40.46 Cr
Promoter holding
85.94%
FII holding
2.90%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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