| Revenue growth | 22% YoY for FY26; 109% YoY for Q4 FY26. |
|---|---|
| Margins | Impacted by MAT credit utilization and impairment losses. |
| Order book | 16 GW RE projects awarded; 6 GW PPAs signed. |
| Demand visibility | Strong RE demand, though DISCOMs are selective on configurations. |
| Management confidence | High on stabilizing Buxar thermal and Nepal hydro projects. |
Growth
FY26 Revenue rose 22% to ₹3,545cr. Q4 Revenue surged 109% YoY to ₹2,934cr. PAT increased 4% to ₹1,008cr.
Outlook
Targeting 2,284 MW additions in FY27. CAPEX guidance: ₹9,400cr (FY27), ₹7,800cr (FY28), ₹7,500cr (FY29).
Risks
Geological surprises in Nepal hydro; curtailment issues in Bikaner solar due to reactor delays; PPA signing delays.
Earnings Call filed with NSE, NSE: SJVN. Summary written with AI assistance from the document.
SJVN Ltd: key numbers
- Share price
- ₹59.56
- Market cap
- ₹23,406 Cr
- Revenue (annual)
- ₹4,528 Cr
- Net profit (annual)
- ₹642.1 Cr
- P/E (TTM)
- 23.7×Sector 21.7×
- Promoter holding
- 81.85%+0.00% QoQ
- FII holding
- 2.65%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from SJVN Ltd
All →SJVN Acquisition
SJVN board approved merging its wholly-owned subsidiary STPL (1,320 MW Buxar Thermal Plant) into the parent. No cash consideration applies since STPL is 100% owned.
SJVN Q2 FY27 Results: Net Profit ₹657.7 Cr, Up 113.7% YoY
SJVN Ltd reported revenue from operations of ₹2,244 Cr (+117.4% YoY) and net profit of ₹657.7 Cr (+113.7% YoY) for Q2 FY27.
- Key figure
- Net profit ₹657.7 Cr · +113.7% YoY
SJVN Board Meeting Date
SJVN Ltd gave prior intimation of a board meeting on October 30, 2026 to consider Q2 and H1 FY27 results. The trading window stays closed until November 1, 2026.
SJVN Management Change
SJVN Limited appointed Shri Raman Gharsanghi as a Part-time Official Nominee Director representing the Government of Himachal Pradesh, effective immediately.
SJVN Other Announcement
SJVN Ltd submitted its quarterly shareholding pattern for the period ended September 30, 2026, as per SEBI Regulation 31(1)(b) filing requirements.
SJVN Annual General Meeting
SJVN Limited has filed the minutes of its 38th Annual General Meeting held on August 31, 2026. Shareholders approved the FY2026 financial statements and a final dividend of ₹0.35 per share.