| 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
- ₹427.45
- Market cap
- ₹5,433 Cr
- Revenue (annual)
- ₹4,548 Cr
- Net profit (annual)
- ₹357.3 Cr
- P/E (TTM)
- 21.9×Sector 45.9×
- Promoter holding
- 75.99%+0.00% QoQ
- FII holding
- 0.19%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
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