Saatvik Green Energy Limited

BSE: SAATVIKGL · Other Electrical Equipment

52W Range₹328 ₹567

Snapshot

Unlock Saatvik Green Energy Limited's vital signs

Growth · Profitability · Valuation · Strength · Conviction

Company Overview

Business

Saatvik Green Energy Limited is a solar energy company specialising in the manufacturing of solar PV modules and the provision of integrated engineering, procurement, and construction (EPC) services. The company supports the renewable energy sector through end-to-end solutions, including ongoing operations and maintenance support.

Business Model

The company generates revenue through the large-scale manufacturing and sale of solar PV modules and by executing solar EPC projects. It further sustains its business model by providing long-term operations and maintenance services for its installed solar infrastructure.

  • Manufacturing Capacity:3.80 GW
  • Installed EPC Base:69.12 MW
  • Cumulative Module Supply:2.50 GW

Growth Outlook

Growth is driven by the increasing demand for domestic solar energy solutions and the expansion of India's renewable energy infrastructure. The company aims to leverage its significant manufacturing capacity to capture a larger share of both domestic and international solar markets.

Key Risks

  • Raw Material Price Volatility. Fluctuations in the cost of silicon and other essential components can significantly impact manufacturing margins.
  • Regulatory and Policy Risk. Changes in government subsidies, import duties, or renewable energy policies may adversely affect project viability and demand.
  • Intense Market Competition. The solar manufacturing sector is highly competitive, with pressure from both domestic players and low-cost international imports.
  • Execution Risk. Delays in large-scale EPC project timelines or supply chain disruptions could impact revenue recognition and operational efficiency.

Start your research today

Unlock AI insights, financials, peers and live data on Saatvik Green Energy Limited and 5,000+ companies — free.

Start your research

Key Metrics

P/E

19.9x

Q1 FY27 · consolidated

19.9 vs 48.4x5Y avg

EV/EBITDA

14.0x

Q1 FY27 · consolidated

14.0 vs 27.4x5Y avg

NET PROFIT MARGIN

1.0%

Q1 FY27 · consolidated

-12.0 ppYoY

Peers · Other Electrical Equipment

CompanyMkt CapP/EEV/EBITDARev Gr YoYEBITDA MgnROEROCE1Y Return
Saatvik Green Energy LimitedSAATVIKGL
₹5,394 Cr19.9213.9610.8%18.2%22.7%
Vikram Solar Ltd.VIKRAMSOLR
₹6,104 Cr16.617.1116.6%11.3%17.8%-47.7%
Ram Ratna Wires LimitedRAMRAT
₹5,234 Cr35.3317.9660.5%5.4%24.6%35.0%-24.5%
Shilchar Technologies LimitedSHILCTECH
₹4,651 Cr29.4121.394.6%33.2%41.3%54.9%-13.4%
Websol Energy System LimitedWEBELSOLAR
₹3,236 Cr4.377.1176.3%38.5%69.0%64.4%-94.3%
Ravindra Energy LtdRELTD
₹3,204 Cr49.0523.2128.2%31.1%15.7%14.7%+11.8%

As of Q1 FY27

Financials