Saatvik Green Energy FY26 Revenue Up 111% YoY to ₹45,484 Mn
Saatvik Green Energy reported FY26 revenue of ₹45,484 million, up 111% YoY, and PAT of ₹3,571 million, up 64% YoY. The company achieved 3,162 MW production with 84.07% capacity utilization. Order book stood at 5.89 GW. Tool moving at the Odisha integrated manufacturing facility is expected to commence from Q1 FY27. The company plans to enter ingot and wafer manufacturing with a 6 GW capacity.
The substantial financial growth, capacity expansion plans, and strong order book position suggest a significant positive impact on the company's future performance and market position.
The announcement highlights significant revenue and profit growth, along with strategic expansions and order book strength, indicating positive business performance and future prospects.
Saatvik Green Energy Limited announced its audited financial results for the quarter and year ended March 31, 2026. The company reported a 111% year-on-year increase in revenue from operations, reaching ₹45,484 million for FY26. Q4 FY26 revenue stood at ₹16,077 million, a 75% YoY growth. The company achieved its highest-ever annual production at 3,162 MW, with an 84.07% capacity utilization. EBITDA for FY26 was ₹5,811 million, a 62% increase YoY, while PAT rose by 64% to ₹3,571 million. The order book stood at approximately 5.89 GW as of March 31, 2026. The debt-equity ratio improved from 1.34 in FY25 to 0.65 in FY26. Saatvik was awarded the Bronze Medal by EcoVadis and ranked in the 79th percentile among assessed companies worldwide. Mr. Prashant Mathur, CEO, stated that FY26 was a defining year, marked by the company's successful listing and highest-ever financial performance. He highlighted the ongoing expansion, including the Odisha integrated manufacturing project, with tool moving expected to commence from Q1 FY27. The company also announced planned entry into ingot and wafer manufacturing with a proposed capacity of 6 GW. The Solar Pump business revenues scaled from ₹2.5 crore to ₹47.2 crore during FY26. Saatvik is advancing Odisha integrated manufacturing expansion and commencement of tool moving activities from Q1 FY27.
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Saatvik Green Energy Limited filed this with the NSE as a statutory disclosure, categorised under quarterly results. It is a primary document, not a recommendation, and the desk marks it high impact, which is the band that most often changes something.
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