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Saatvik Green Energy share price & results

Saatvik Green Energy Limited· Capital Goods· Industrials

Results to
Jun 2026
Latest analysed call
Q1 FY27
Ownership as of
Sept 2026

Vertically integrating Indian solar-module manufacturer expanding into cells, transformers, storage and EPC.

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Reported

The figures, each with its period

Each figure keeps its basis and period; nothing is filled in.

MetricValueChangeBasisPeriodNote
Revenue333 ₹ crore−11.8% YoYQuarterly, as filedQuarter to Jun 2026Revenue from operations as filed.
Operating margin-0.8 %−3.2 pts YoYOperating profit / revenueQuarter to Jun 2026For the quarter; a change is in percentage points.
Net profit6.9 ₹ crore−15.5% YoYQuarterly, as filedQuarter to Jun 2026Profit after tax as filed.
Return on equity29.15 %−52.5 ptsFY Mar 2026 vs FY Mar 2025Trailing twelve monthsTTM to Jun 2026Adjusted profit attributable to owners ÷ average owners’ equity.
Free cash flow margin-13.81 %−7.2 ptsFY Mar 2026 vs FY Mar 2025Fiscal yearFY ending Mar 2026(Operating cash flow − fixed-asset purchases + disposals) ÷ revenue.
Revenue growth (YoY)46.52 %+12.4 ptsFY Mar 2026 vs FY Mar 2025Trailing twelve monthsTTM to Jun 2026Revenue change against the same period one year earlier.

Source: Inve data from filed results; ratios from the Screener-verified panel · to Jun 2026

Guidance

What management said, and what became of it

4 of 7 judged targets kept · 15 open · verdicts reflect calls analysed to Q1 FY27.

Saatvik Green Energy Limited management guidance track record on Inve: 22 targets tracked across analysed earnings calls (4 achieved, 3 missed, 15 open).

TargetOriginal wordingSaidLatest callVerdict
Total Installed Capacity (Ambala)4.8 gigawatt henceforth
Call transcript, Q1 FY26 · 10 Oct 2025		Q1 FY26Q1 FY27:Maintained at 4.8 GW. No new updates this quarter as focus shifts to Odisha plant.
Call transcript, Q1 FY27 · 14 Aug 2026		Achieved
Odisha 2.4 GW Solar Cell CapexINR 1,300 crores
Call transcript, Q1 FY26 · 10 Oct 2025		Q1 FY26Q1 FY27:The original target was missed in FY26. New capex plans for a larger Phase 1 (INR 1,850 cr for cell & module) have been announced, making the original specific promise obsolete but the 'missed' verdict stands.
Call transcript, Q1 FY27 · 14 Aug 2026		Missed
FY27 CapexINR 1,700 crores
Call transcript, Q4 FY26 · 21 May 2026		Q4 FY26Q1 FY27:Original target of INR 1,700 cr has been revised. The plan is now part of a larger Phase 1 capex of INR 1,850 cr for cell and module manufacturing. This represents an increase in planned spend.
Call transcript, Q1 FY27 · 14 Aug 2026		Revised Down

Source: Inve Guidance Tracker for Saatvik Green Energy Limited · to Q1 FY27

A verdict describes what became of management’s own words in later analysed calls. “Delayed” is a change of date, “went quiet” a target the calls stopped mentioning. None of it is a judgement on the investment. The methodology sets out how verdicts are recorded.

3 of Saatvik Green Energy Limited's 22 targets were missed. See which ones, and which are quietly gone. The 3 above are the free sample; 19 more targets are in the full ledger.

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Price

₹350 +0.10% · +₹0.35

Last close 27 Oct 2026 · NSE · INR · Source: Inve

Performance −31.2% 1Y

₹350₹400₹450₹500₹550Oct 25Dec 25Jan 26Mar 26Apr 26Jun 26Jul 26Sept 26Oct 26Q2 FY26 — 10 Nov 2025Q3 FY26 — 5 Feb 2026Q4 FY26 — 21 May 2026Q1 FY27 — 14 Aug 2026

1Y: ₹508.4 on 24 Oct 2025 → ₹350. High ₹537.75 (6 Nov 2025), low ₹333.65 (9 Mar 2026).

Previous close
₹349.65
Market cap
₹4.4k Cr
52-week range
₹333.65 – ₹537.75
One year
−27.45%
Price to earnings (TTM to Jun 2026)
17.92×
Return on equity (TTM to Jun 2026)
29.15%

Overview

Symbol
NSE:SAATVIKGL
Industry
Industrials
Exchange
NSE
Currency
INR

What Saatvik Green Energy Limited does

Based on the company's own presentations, annual report and earnings calls.

Saatvik Green Energy manufactures solar photovoltaic modules (TOPCon and MonoPerc technology) in India and sells to utility-scale and commercial & industrial customers through EPC contracts and a network of resellers, distributors and channel partners. The company is backward-integrating into encapsulant, solar cells and (planned) ingots/wafers to control more of its supply chain. It has also diversified beyond modules by acquiring a majority stake in a transformer manufacturer, launching a battery energy storage systems subsidiary, and building a solar-pump business for rural/agricultural electrification. Manufacturing is based at its original Ambala (Haryana) facility, supplemented by a new integrated module-and-cell plant under construction in Odisha and a land bank secured in Madhya Pradesh for further expansion.

Segments

  • Solar Modules (Manufacturing)
  • EPC Services
  • Solar Pumps
  • Transformers
  • Energy Storage (BESS)
Solar module manufacturing capacity
4.8 GW
Solar cell manufacturing capacity (under construction, Odisha)
2.4 GW
EPE encapsulant manufacturing capacity
2 GW, expanding to 5 GW
Ingot & wafer manufacturing capacity (planned)
6 GW
Manufacturing sites
Ambala (Haryana) plant plus new integrated Odisha facility (4 GW module line + 2.4 GW cell line) under construction
Land bank secured for future expansion
185 acres, Mohasa-Babai Industrial Area, Madhya Pradesh (99-year lease)
Founded 2015Headquarters Gurugram, Haryana, India Company website

How the price took the results

close before → close after

Q1 FY27
−3.2%
14 Aug
Q4 FY26
−4.5%
21 May
Q3 FY26
−1.5%
5 Feb
Q2 FY26
−2.7%
10 Nov

The move from the last close before each results date to the first close after it — the market's first read on the quarter, not the quarter itself.

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