ALFA Finder| Management target | Revenue 111.0% FY26 |
|---|
| Revenue growth | 44% YoY decline in Q1 FY27; FY26 growth was +111%. |
|---|---|
| Margins | EBITDA margin contracted significantly from 19.4% to 8.33% YoY. |
| Order book | 6.35 GW confirmed; ~132% of current installed capacity. |
| Demand visibility | Strong; 6.35 GW confirmed order book provides high revenue visibility. |
| Management confidence | High on long-term backward integration strategy and Odisha project ramp-up. |
Growth
Revenue fell 44% YoY to ₹5,110 Mn; EBITDA plunged 76% to ₹425 Mn; PAT dropped 95% to ₹54 Mn.
Outlook
Targeting 8.8 GW module capacity by FY27 and 6 GW cell capacity; commissioning 6 GW ingot/wafer by FY29.
Risks
Transition risks to new ALMM-II/III standards and exposure to commodity price swings during backward integration phase.
Last quarter's promises, checked
Delivered
- FY26 Revenue +111% YoY → delivered 111% (= BEAT)
- FY26 EBITDA Margin ~12% → delivered 12.78% (= BEAT)
- Debt-Equity <1.5x → delivered 0.65x (= BEAT)
Partly delivered
- Cell production start July 2026 → equipment move-in started (= PARTIAL)
- Order Book 5.89 GW → delivered 6.35 GW (= BEAT)
Missed
- Q1 FY27 Margin Stability → delivered 8.33% vs ~12% FY26 (= MISS)
- Q1 FY27 Revenue Continuity → delivered 44% YoY decline (= MISS)
Investor Presentation filed with BSE, NSE: SAATVIKGL. Summary written with AI assistance from the document.
Saatvik Green Energy Ltd: key numbers
- Share price
- ₹359.55
- Market cap
- ₹4,570 Cr
- Revenue (annual)
- ₹4,548 Cr
- Net profit (annual)
- ₹357.3 Cr
- P/E (TTM)
- 24.6×Sector 44.3×
- 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.