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Earnings Call

SJVN Earnings Call: Key Takeaways

SJVN Q4 FY26 results show 109% YoY revenue growth driven by tariff truing up. Installed capacity reached 4,196 MW with major thermal and solar additions.

Highlights
Revenue growth22% YoY for FY26; 109% YoY for Q4 FY26.
MarginsImpacted by MAT credit utilization and impairment losses.
Order book16 GW RE projects awarded; 6 GW PPAs signed.
Demand visibilityStrong RE demand, though DISCOMs are selective on configurations.
Management confidenceHigh 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.

Source

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

Read the document ↗

SJVN Ltd: key numbers

Share price
₹61.76
Market cap
₹24,270 Cr
Revenue (annual)
₹4,528 Cr
Net profit (annual)
₹642.1 Cr
P/E (TTM)
38.0×Sector 25.1×
Promoter holding
81.85%+0.00% QoQ
FII holding
2.79%Current quarter

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

More from SJVN Ltd

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12:11 IST NSE
Legal & Regulatory

SJVN Legal & Regulatory

SJVN noted BSE and NSE fines of Rs. 0.13 Crore for LODR board-composition non-compliance. Board cited pending government appointee process for the delay.

Value
₹0.13 Cr
17:43 IST NSE
Production Started

SJVN Production Started

SJVN Limited has announced the commencement of commercial operations for Unit-II (660 MW) of its Buxar Thermal Power Project, effective September 12, 2026.

power generation capacity
660.0 MW
17:57 IST NSE
Management Change

SJVN Management Change

SJVN Limited announced the extension of the additional charge of Chairman & Managing Director (CMD) to Shri Bhupender Gupta for six months.