Saatvik Green Energy

Quick check

The five things to look at first. Open one for more.

• DebtAdequate safetyRated A- by CRISIL.
• ResultsProfit fallingIn the Jun 2026 quarter, sales fell 44% and profit fell 96% from a year earlier.
• DilutionNo new sharesNo new shares issued in the last year, so existing shareholders' slices were not cut.
• PromotersSteadyThe promoters (founders or parent) own 76% of the company, about the same as in Sep 2025.
• ValuationNormal for this stockThe share trades at 17.9 times its yearly earnings (P/E), pricier than 70% of the time in the last 1 years. Its usual P/E is about 16.

Saatvik Green Energy against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.

• Valuation (P/E)17.9 against a typical 25.4: cheaper than most peers (1st = cheapest).31st of 80
• Sales growth−44.2% against a typical +32% from a year earlier.65th of 69
• Profit growth−95.5% against a typical +15.9% from a year earlier.58th of 64
• Share price, 3 months−20.4% against a typical −11%.53rd of 74
• Size₹ 4,469.4 Cr. market value against a typical ₹ 553.8 Cr. (1st = largest).13th of 77

Exchange filings and their impact on the company.

• 22 Oct 2026General UpdatesLow impactPositivePrice −3.2% on 23 Oct
  Saatvik launched a 670Wp high-efficiency TOPCon 3.0 bifacial module to chase utility-scale demand.

  Saatvik Green Energy unveiled its Quad-Cut TOPCon 3.0 Dual Glass Bifacial Module at REI Expo 2026 on 22 October 2026. The module delivers up to 670Wp output at 24.8% efficiency, up to 745W with bifacial gain, with -0.26%/C temperature coefficient and 30-year linear warranty backed by Munich Re. The launch upgrades its portfolio for utility-scale and commercial solar markets from its 4.86 GW Ambala plant, supporting future sales but with no immediate order or financial impact disclosed.

  Full analysisFiling
• 10 Oct 2026Awarding of order(s)/contract(s)Low impactPositivePrice +0.5% on 12 Oct
  Saatvik wins Rs 100 cr MSEDCL order for 5,000 solar pumps for fast 60-day execution.

  Saatvik Green Energy has received a domestic order from Maharashtra State Electricity Distribution Co. for 5,000 off-grid DC solar water pumps of 3 HP, 5 HP and 7.5 HP. The order is worth about Rs 100 crore excluding GST and includes supply, installation and commissioning within 60 days of work order plus 5-year warranty, maintenance and remote monitoring under the Magel Tyala Saur Krushi Pump / PM-KUSUM B scheme. It adds about 2% to annual revenue and supports near-term execution and public-sector credentials.

  Full analysisFiling

Results dates and other board meetings. Full calendar

Compounded yearly rates over each period.

Listed companies in the same business.

Neelesh Garg

Executive Chairman of the Board, Managing Director

Prashant Mathur

Chief Executive Officer

Rishabh Mehtta

Interim Chief Financial Officer

Vaibhav Bhardwaj

Chief Operating Officer

Manik Paul

Chief Information Officer

Jyoti Verma

Compliance Officer, Company Secretary

Manik Garg

Managing Director, Executive Director