| Revenue growth | FY26 revenue surged 111% YoY to ₹4,548 million. |
|---|---|
| Margins | Margins compressed in Q4 due to commodity inflation and fixed-price contracts. |
| Order book | Robust 5.89 GW pipeline providing significant revenue visibility for 18 months. |
| Demand visibility | Strong visibility with 5.89 GW order book as of March 2026. |
| Management confidence | High on strategy but cautious about short-term commodity headwinds. |
Growth
FY26 revenue more than doubled YoY to ₹4,548M, driven by massive 117% growth in module sales volumes.
Outlook
Ambitious 6GW cell capacity and 6GW ingot/wafer backward integration planned through FY28.
Risks
Commodity price spikes (silver, aluminum) and USD appreciation against the rupee are squeezing EBITDA margins.
Earnings Call filed with BSE, NSE: SAATVIKGL. Summary written with AI assistance from the document.
Saatvik Green Energy Ltd: key numbers
- Share price
- ₹352.55
- Market cap
- ₹4,481 Cr
- Revenue (annual)
- ₹4,548 Cr
- Net profit (annual)
- ₹357.3 Cr
- P/E (TTM)
- 24.1×Sector 42.6×
- Promoter holding
- 75.99%+0.00% QoQ
- FII holding
- 0.12%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Saatvik Green Energy Ltd
All →Saatvik Green Energy Earnings Call Transcript: Key Takeaways
Q2 revenue rose 77% QoQ on volume recovery, but H1 revenue fell 16% YoY and Q2 profit fell 76% YoY. Leverage rose sharply, and the FY27 guidance needs a steep H2 ramp.
Saatvik Green Energy Other Announcement
Saatvik Green Energy filed a Crisil monitoring agency report on IPO proceeds for the quarter ended September 2026. The report records no deviation from the issue objects.
Saatvik Green Energy Investor Presentation: Key Takeaways
Q2 FY27 revenue ₹902.6 Cr (+77% QoQ, +17.5% YoY), PAT ₹20.2 Cr, EBITDA margin 7.7%. Odisha integrated cell-module expansion is ramping.
Saatvik Green Energy Q2 FY27 Results: Net Profit ₹20.2 Cr, Down 76.2% YoY
Saatvik Green Energy Ltd reported revenue from operations of ₹902.6 Cr (+17.5% YoY) and net profit of ₹20.2 Cr (-76.2% YoY) for Q2 FY27.
- Key figure
- Net profit ₹20.2 Cr · -76.2% YoY
Saatvik Green Energy Production Started
Saatvik Green Energy's subsidiary began commercial production at its Gopalpur solar PV module facility in Odisha. Phase I capacity is approximately 1.3 GW of a planned 4 GW project.
- solar PV module manufacturing capacity
- 1.3 GW
Saatvik Green Energy Board Meeting Date
Saatvik Green Energy has scheduled a board meeting on November 5, 2026 to consider unaudited results for the quarter and half year ended September 30, 2026. The trading window will reopen 48 hours after the results are declared.