Saatvik Green Energy Ltd.
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ABOUT
AI Sector View
AI GENERATEDCapital Goods
Capital goods is supported by strong public capex and still-expansionary industrial activity. Capital expenditure rose 66% YoY (2026-06), GST collections grew 8% YoY (2026-07), and the core industries Overall Index increased 5.4% YoY (2026-07). E-way bills slowed to 6% YoY (2026-07) and sector FPI flows show INR -9697 crore net outflow over 3 months to 2026-08-31, but the investment cycle and fiscal impulse remain favorable.
PROS
- Company has a good return on equity (ROE) track record: 3 Years ROE 86.6%
- Company has a healthy return on capital (ROCE) of 40.2%
- Company comfortably covers its interest (7.2x coverage)
- Company converts assets efficiently - asset turnover of 1.8x
CONS
- Recent results are weak - TTM profit is down 25.0% versus prior year
- Receivables are growing faster than sales - a possible quality concern
- Poor cash conversion - profits are not backed by operating cash flow (CFO/PAT 0.29x)
- Contingent liabilities are large at 185.6% of net worth
- Total debt has risen sharply - up 73.9% year on year
- Free cash flow has been persistently negative
* The pros and cons are machine generated based on quantitative rules.
Peer comparison
| Name | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| SYRMA | 1588.65 | 83.22 | 30634.01 | 0.09 | 105.69 | 111.72 | 1588.62 | 68.29 | 17.70 | 10.17 |
| KAYNES | 3500.00 | 67.87 | 23462.13 | 0.00 | 56.43 | -24.37 | 946.02 | 40.47 | 13.38 | 15.60 |
| AVALON | 2265.95 | 113.44 | 15155.19 | 0.00 | 34.87 | 145.31 | 484.41 | 49.83 | 20.34 | 11.96 |
| UTLSOLAR | 446.70 | 46.58 | 13709.30 | 0.00 | 577.94 | — | 13456.93 | — | 36.46 | 18.94 |
| CYIENTDLM | 904.15 | 87.42 | 7177.45 | 0.00 | 16.29 | 118.21 | 373.80 | 34.25 | 10.41 | 9.93 |
| VIKRAMSOLR | 166.80 | 16.94 | 6044.07 | 0.00 | 19.78 | -85.17 | 1563.09 | 37.89 | 34.07 | 8.06 |
| SAATVIKGL | 396.30 | 20.30 | 5037.17 | 0.00 | 5.36 | -95.49 | 511.01 | -44.20 | 55.18 | 6.62 |
| WEBELSOLAR | 75.79 | 10.86 | 3290.52 | 0.33 | 77.79 | — | 372.60 | 115.39 | 63.74 | 33.70 |
| KERNEX | 1734.35 | 15.28 | 2914.34 | 0.00 | 109.85 | 1382.00 | 503.58 | 800.38 | 23.69 | 32.33 |
| MODINSULAT | 449.50 | 22.51 | 2119.12 | 0.00 | 29.60 | 94.43 | 188.30 | 33.19 | 10.53 | 16.89 |
| INA | 93.04 | 10.24 | 2051.08 | 0.00 | 380.25 | 796.94 | 7406.98 | 1766.82 | 34.98 | 9.74 |
| IKIO | 224.45 | 37.30 | 1734.57 | 0.00 | 11.05 | 364.51 | 169.29 | 40.91 | 10.02 | 12.97 |
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
| Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| 246 | 475 | 518 | 919 | 916 | 768 | 1,257 | 1,608 | 511 | |
| 214 | 407 | 450 | 762 | 739 | 660 | 1,104 | 1,500 | 512 | |
| Operating Profit | 32 | 68 | 68 | 157 | 177 | 108 | 153 | 108 | -1 |
| OPM % | 13.20% | 14.32% | 13.15% | 17.09% | 19.33% | 14.11% | 12.20% | 6.69% | -0.26% |
| 8 | 21 | 2 | 3 | 4 | 15 | 11 | 5 | 9 | |
| Interest | 7 | 9 | 12 | 16 | 19 | 14 | 23 | 16 | 22 |
| Depreciation | 4 | 5 | 9 | 12 | 12 | 14 | 15 | 23 | 13 |
| Profit before Tax | 30 | 75 | 48 | 132 | 150 | 96 | 127 | 74 | 7 |
| Tax % | 28.21% | 18.45% | 16.32% | 28.06% | 20.55% | 13.48% | 22.23% | 18.16% | 27.60% |
| Net Profit | 0 | 0 | 0 | 0 | 119 | 83 | 99 | 60 | 5 |
| 1.90 | 5.46 | 3.61 | 8.45 | 10.60 | 7.40 | 8.41 | 5.06 | 0.43 |
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|
| 609 | 1,088 | 2,158 | 4,144 | |
| 592 | 939 | 1,836 | 3,776 | |
| Operating Profit | 17 | 149 | 323 | 368 |
| OPM % | 2.76% | 13.69% | 14.95% | 8.88% |
| 9 | 9 | 34 | 40 | |
| Interest | 13 | 16 | 45 | 74 |
| Depreciation | 7 | 11 | 31 | 65 |
| Profit before Tax | 7 | 132 | 280 | 304 |
| Tax % | 28.80% | 23.81% | 23.71% | 18.61% |
| Net Profit | 5 | 100 | 214 | 248 |
| EPS | 0.42 | 297.09 | 19.11 | — |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | — |
COMPOUNDED SALES GROWTH
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COMPOUNDED PROFIT GROWTH
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STOCK PRICE CAGR
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RETURN ON EQUITY
- 10 Years:
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- 5 Years:
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- 3 Years:
- 87%
- Last Year:
- 94%
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|
| Equity Capital | 3 | 3 | 22 |
| 17 | 117 | 313 | |
| 160 | 286 | 500 | |
| Trade Payables | 67 | 184 | 559 |
| 15 | 105 | 271 | |
| Total Liabilities | 263 | 695 | 1,665 |
| 50 | 117 | 320 | |
| Capital Work in Progress | 0 | 33 | 2 |
| 0 | 10 | 0 | |
| 132 | 221 | 650 | |
| 9 | 177 | 400 | |
| Cash & Bank | 13 | 17 | 8 |
| 58 | 121 | 285 | |
| Total Assets | 263 | 695 | 1,665 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|
| 9 | 44 | 43 | |
| Cash from Investing | -24 | -69 | -198 |
| Cash from Financing | 32 | 25 | 149 |
| 13 | -1 | -7 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|
Documents
Corporate disclosures, annual reports, credit ratings, and concall transcripts
2026-09-08 - Saatvik Green Energy Limited has informed the Exchange regarding 'Intimation of name change of Subsidiary Company pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015'.
2026-09-03 - Saatvik Green Energy Limited has informed the Exchange about General Updates
2026-09-03 - Saatvik Green Energy Limited has informed the Exchange about Bagging/Receiving of orders/contracts
2026-09-03 - Saatvik Green Energy Limited has informed the Exchange about Copy of Newspaper Publication
2026-09-02 - Saatvik Green Energy Limited has informed the Exchange regarding Notice of Annual General Meeting to be held on September 24, 2026 and Annual Report
2026-09-01 - Saatvik Green Energy Limited has informed the Exchange regarding 'Intimation under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 Press Release'.
2026-08-27 - Saatvik Green Energy Limited has informed the Exchange about Copy of Newspaper Publication w.r.t. Pre-dispatch of Public Notice for the 11th Annual General Meeting ( AGM ) and Annual Report for financial year ended March 31, 2026
2026-08-20 - Saatvik Green Energy Limited has informed the Exchange about Bagging/Receiving of orders/contracts
2026-08-18 - Saatvik Green Energy Limited has informed the Exchange about Transcript
News
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