Saatvik Green Energy Limited
₹344.40-₹5.25 (-1.5%)
Last close · Data as of Oct 30, 2026
- Market cap
- ₹5,098 Cr
- P/E
- 35.5x
- EV / EBITDA
- 32.6x
- Revenue
- ₹1,974 Cr
- Net margin
- 9.2%
- ROCE
- 43.2%
Price chart
Technical chartScreen technicals →-31.4% over the last year
Daily closes.
Go deeper
Technical chart: candles, 9 moving averages, RSI, MACD and drawing tools
Performance
Price change over each period, before dividends.
- 1M
- -16.7%
- 3M
- -20.0%
- 6M
- -25.2%
- 1Y
- -31.4%
- 5Y
- -21.7%
52-week range
Day change -₹5.25 (-1.5%) from ₹350 to ₹344 · Last close Oct 30, 2026
Best weekday to invest, historically
The same weekly amount in SAATVIKGL, bought on each weekday since 2025.
AI Summary
Indian StockStrengths1
- Healthy return on equity of 83.3%
Concerns1
- Negative free cash flow (₹1 Cr)
Rule-based from financial data. Not advice.
About the company
Saatvik Green Energy Limited manufactures and sells solar photovoltaic modules in India and internationally. Its solar energy products include monocrystalline passive emitter and rear cell modules and N-TopCon solar modules for various applications comprising residential, commercial, and utility scale solar projects.
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Saatvik Green Energy Limited manufactures and sells solar photovoltaic modules in India and internationally. Its solar energy products include monocrystalline passive emitter and rear cell modules and N-TopCon solar modules for various applications comprising residential, commercial, and utility scale solar projects. The company also provides solar pumps, such as solar submersible and surface pumps and controllers; and end-to-end engineering, procurement, and construction services for solar projects. In addition, it offers ground-mounted and rooftop solar installation services; and operation and maintenance services. The company was incorporated in 2015 and is based in Gurugram, India.
- Sector
- Media & Entertainment
- Shares outstanding
- 12.7 Cr shares
- ISIN
- INE13B501022
- BSE code
- 544526
Key statistics
Screen fundamentals →Valuation, profitability, growth and solvency at the latest close; hover a label for its meaning.
Valuation
- Market cap
- ₹5,098 Cr
- P/E
- 35.5x
- P/B
- 5.3x
- EV / EBITDA
- 32.6x
- EV / Sales
- 4.8x
- P/S
- 4.7x
- Earnings yield
- 2.8%
- 52-week high
- ₹538.15
- 52-week low
- ₹333.80
Profitability
- Operating margin
- 13.8%
- Net margin
- 9.2%
- EBITDA margin
- 14.7%
- ROE
- 83.3%
- ROCE
- 43.2%
- ROA
- 16.6%
- Dividend payout
- 0.0%
- Tax rate
- 25.0%
- Other income, % of PBT
- 7.5%
Growth
- RevenueLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- ₹1,974 Cr
- Revenue growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 81.1%
- EBITDALatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- ₹160 Cr
- EBITDA growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 515.4%
- Net profit growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 57.0%
- Cash from operationsLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- ₹14.0 Cr
- CFO growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- -566.7%
- Free cash flowLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- -₹1.00 Cr
- Asset growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 129.7%
Solvency and efficiency
- Current ratio
- 2.14
- Debt / Equity
- 1.89
- Debt / Assets
- 0.38
- Debt / EBITDA
- 1.42
- Interest coverage
- 10.00
- Financial leverage
- 5.03
- CFO / Net profit
- 0.14
- Cash / Market cap
- 10.6%
- Cash per share
- ₹42.29
- Asset turnover
- 1.80
- Fixed asset turnover
- 20.57
- Capital intensity
- 0.05
- Debtor days
- 62 days
- Inventory turnover
- 3.92
- Cash conversion cycle
- 75 days
Where the revenue went
Of every ₹100 of FY2025 revenue, ₹8 was left as net profit.
| From | To | Amount |
|---|---|---|
| Sales | Expenses | ₹1,783 Cr |
| Sales | Operating profit | ₹191 Cr |
| Operating profit | Interest | ₹26 Cr |
| Operating profit | Depreciation | ₹12 Cr |
| Operating profit | Profit before tax | ₹153 Cr |
| Other income | Profit before tax | ₹59 Cr |
| Profit before tax | Tax and other | ₹54 Cr |
| Profit before tax | Net profit | ₹157 Cr |
Revenue and net profit
Revenue grew 81.1% in FY2025; net profit is the dashed line.
| Date | Revenue | Net profit |
|---|---|---|
| FY2021 | ₹154 Cr | ₹3 Cr |
| FY2022 | ₹480 Cr | ₹6 Cr |
| FY2023 | ₹609 Cr | ₹5 Cr |
| FY2024 | ₹1,090 Cr | ₹100 Cr |
| FY2025 | ₹1,974 Cr | ₹157 Cr |
Cash flows
Cash from operations, with free cash flow as the dashed line.
| Date | Operating cash flow | Free cash flow |
|---|---|---|
| FY2021 | ₹16 Cr | ₹13 Cr |
| FY2022 | -₹57 Cr | -₹56 Cr |
| FY2023 | -₹3 Cr | -₹21 Cr |
| FY2024 | ₹14 Cr | -₹53 Cr |
Growth
Latest fiscal year FY2025 (ending March): each figure with its change over the year before.
- Revenue
- ₹1,974 Cr+81.1%1Y
- Net profit
- ₹157 Cr+57.0%1Y
| Year | Revenue | Operating income | EBITDA | Net profit | CFO | FCF | ROE | Revenue growth 1Y | Net profit growth 1Y |
|---|---|---|---|---|---|---|---|---|---|
| FY2025 | ₹1,974 Cr | ₹191 Cr | — | ₹157 Cr | — | — | 56.1% | +81.1% | +57.0% |
Monthly returns
Month-by-month returns of SAATVIKGL across the years, with the seasonal pattern.
Balance sheet
What the company owns and owes at the end of FY2025.
| Line | FY2025 |
|---|---|
| Liabilities and equity | ₹815 Cr |
| Equity capital | ₹22 Cr |
| Reserves | ₹258 Cr |
| Borrowings | ₹161 Cr |
| Other liabilities | ₹374 Cr |
| Assets | ₹815 Cr |
| Fixed assets | ₹60 Cr |
| Capital work in progress | ₹0 Cr |
| Investments | ₹0 Cr |
| Other assets | ₹755 Cr |
Market cap against peers
8 peers: same sector group, nearest by size.
P/E against peers
SAATVIKGL trades at 35.5x earnings against a peer median of 33.2x.
Not shown (no positive earnings and no EV / Sales): Network 18 Media & Investments Limited.
Peer comparison
Same-sector peers by market cap, with the median.
| Company | Market cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|
| Saatvik Green Energy LimitedSAATVIKGLthis company | ₹5,098 Cr | 35.5x | 5.3x | 83.3% | 32.6x |
| Latent View Analytics LimitedLATENTVIEW | ₹9,086 Cr | 107.0x | 7.2x | 10.3% | 54.5x |
| Zee Entertainment Enterprises Ltd.ZEEL | ₹8,562 Cr | 16.0x | 0.8x | 3.0% | 9.1x |
| Saregama India Ltd.SAREGAMA | ₹6,790 Cr | 33.2x | 4.1x | 13.9% | 21.0x |
| TIPS MUSIC LIMITEDTIPSMUSIC | ₹6,496 Cr | 37.4x | 25.3x | 70.6% | 37.5x |
| Network 18 Media & Investments LimitedNETWORK18 | ₹6,264 Cr | — | 1.2x | -12.8% | 237.8x |
| D.B.Corp LimitedDBCORP | ₹4,360 Cr | 12.7x | 1.9x | 19.1% | 6.0x |
| Navneet Education LimitedNAVNETEDUL | ₹3,195 Cr | 16.4x | 1.5x | 13.8% | 10.8x |
| IMAGICAAWORLD ENTERTAINMENT LIMITEDIMAGICAA | ₹2,902 Cr | 93.4x | 2.2x | 68.1% | 4.9x |
| Peer median | — | 33.2x | 2.0x | 13.9% | 10.8x |
Year-to-date ROI
SAATVIKGL since 1 January, against earlier years.
Historical volatility
SAATVIKGL's day-to-day swings over 30, 60 and 180 days.
Financial statements
Income statement, balance sheet and cash flow as reported, in ₹ crore, grouped into plain-language lines.
Figures in ₹ crore as reported, fiscal years ending March, newest first; the trailing twelve months (TTM) last.
Operating margin by fiscal year
| Date | Operating margin |
|---|---|
| FY2021 | 7.0% |
| FY2022 | 3.0% |
| FY2023 | 3.0% |
| FY2024 | 14.0% |
| FY2025 | 10.0% |
| Line | FY2025 |
|---|---|
| RevenueSales | ₹1,974 Cr |
| Costs | |
| Interest | ₹26 Cr |
| Expenses | ₹1,784 Cr |
| Operating profitOperating Profit | ₹191 Cr |
| Other income and charges | |
| Profit before tax | ₹211 Cr |
| Tax | |
| Net profitNet Profit | ₹157 Cr |
| Per share |
| Line | FY2025 |
|---|---|
| Liabilities and equityTotal Liabilities | ₹815 Cr |
| Equity capitalEquity Capital | ₹22 Cr |
| Reserves | ₹258 Cr |
| Borrowings | ₹161 Cr |
| Other liabilitiesOther Liabilities | ₹374 Cr |
| AssetsTotal Assets | ₹815 Cr |
| Fixed assetsFixed Assets | ₹60 Cr |
| Capital work in progressCWIP | ₹0 Cr |
| Investments | ₹0 Cr |
| Other assetsOther Assets | ₹755 Cr |
| Line | FY2025 |
|---|---|
| Operating cash flowCash from Operating Activity | — |
| Investing cash flowCash from Investing Activity | — |
| Financing cash flowCash from Financing Activity | — |
| Change in cashNet Cash Flow | — |
Learn while you research
Academy chapters picked for Saatvik Green Energy Limited and the metrics on this page.
- 01 Taxes on Investments (India)LTCG, STCG, dividend tax, what every Indian investor needs.6 min read
- 02 Stock Valuation BasicsHow to think about what a fair price for a stock looks like.7 min read
- 03 Valuation Multiples ExplainedThis stock trades at a P/E of 35.5, learn when high multiples are justified.6 min read
- 04 Growth Investing81% revenue growth is in the top tier, learn how to value growth.7 min read
- 05 Leverage RatiosDebt/Equity of 1.89 is elevated, understand what that means for solvency.6 min read
- 06 Stock Market RisksSmall caps carry concentrated, idiosyncratic risk, learn to manage it.6 min read