SJVN LIMITED
SJVN Limited, together with its subsidiaries, engages in the generation and sale of electricity in India and internationally. The company is also involved in thermal power, hydro power, wind power, solar power, and power trading and transmission businesses. The company operates the Nathpa Jhakri Hydro Power Station (NJHPS) with a capacity of 1500 MW located in Shimla District; the Rampur Hydro Power Station with an installed capacity of 412 MW in Shimla and Kullu District in Himachal Pradesh; and the Naitwar Mori Hydro Power Station with a capacity of 60 MW located in Uttarkashi district in Uttarakhand state. It also operates the Khirvire Wind Power Project with a capacity of 47.6 MW in Ahmednagar, Maharashtra; and the Sadla Wind Power Project with an installed capacity of 50 MW in Surendranagar District in Gujarat, as well as Buxar Thermal Power Project with a capacity of 1320 MW located in Village Chausa, Distt Buxar, Bihar. In addition, the company operates the Charanka Solar Power Station with a capacity of 5.6 MW in Patan district in Gujarat; 1 MW solar power plant at Wadhal and 310 KW solar power plant at Surge Shaft of NJHPS; Parasan Solar Power Station with a capacity of 75 MW in Jalaun District; Gurhah Solar Power Station with a capacity of 75 MW; Gujrai Solar Power Station with a capacity of 50 MW; Raghanesda Solar Power Station with a capacity of 100 MW; and 90 MW Floating Solar Project located in Omkareshwar, Madhya Pradesh. Further, it provides consultancy services in the field of hydroelectric projects, highway tunnels, railway tunnels, etc., as well as undertakes contracts, project management services, and power trading. The company was formerly known as Satluj Jal Vidyut Nigam Limited and changed its name to SJVN Limited in September 2009. SJVN Limited was incorporated in 1988 and is based in Shimla, India.
Valuation
Profitability
Returns
Solvency
AI Summary
Indian StockRule-based from financial data. Not advice.
Historically, Apr has averaged the highest return (+9.7%); Feb the lowest (-7.1%).
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -3.0%Negative MonthJan 2026: -3.04% | +0.8%Neutral MonthFeb 2026: +0.79% | -13.3%Negative MonthMar 2026: -13.29% | +24.7%Positive MonthApr 2026: +24.74% | -4.7%Negative MonthMay 2026: -4.68% | -2.7%Negative MonthJun 2026: -2.67% | -7.7%*Negative MonthJul 2026: -7.73% | β | β | β | β | β |
| 2025 | -6.7%Negative MonthJan 2025: -6.70% | -13.6%Negative MonthFeb 2025: -13.56% | +8.8%Positive MonthMar 2025: +8.83% | +2.7%Positive MonthApr 2025: +2.67% | +2.4%Positive MonthMay 2025: +2.41% | +4.2%Positive MonthJun 2025: +4.22% | -6.7%Negative MonthJul 2025: -6.73% | -0.1%Neutral MonthAug 2025: -0.05% | -3.5%Negative MonthSep 2025: -3.47% | -2.5%Negative MonthOct 2025: -2.51% | -11.6%Negative MonthNov 2025: -11.59% | -4.0%Negative MonthDec 2025: -3.97% |
| 2024 | +44.9%Positive MonthJan 2024: +44.92% | -8.0%Negative MonthFeb 2024: -8.04% | +0.2%Neutral MonthMar 2024: +0.17% | +10.7%Positive MonthApr 2024: +10.75% | +3.7%Positive MonthMay 2024: +3.72% | -5.7%Negative MonthJun 2024: -5.67% | +12.8%Positive MonthJul 2024: +12.77% | -10.1%Negative MonthAug 2024: -10.14% | -0.5%Neutral MonthSep 2024: -0.49% | -14.6%Negative MonthOct 2024: -14.59% | +1.4%Neutral MonthNov 2024: +1.37% | -9.1%Negative MonthDec 2024: -9.10% |
| 2023 | -0.7%Neutral MonthJan 2023: -0.73% | -8.4%Negative MonthFeb 2023: -8.38% | +6.7%Positive MonthMar 2023: +6.74% | +6.8%Positive MonthApr 2023: +6.80% | +0.8%Neutral MonthMay 2023: +0.76% | +14.4%Positive MonthJun 2023: +14.42% | +40.1%Positive MonthJul 2023: +40.08% | +9.2%Positive MonthAug 2023: +9.17% | +16.9%Positive MonthSep 2023: +16.90% | -3.0%Negative MonthOct 2023: -3.01% | +19.6%Positive MonthNov 2023: +19.57% | +7.1%Positive MonthDec 2023: +7.14% |
| 2022 | +0.0%Neutral MonthJan 2022: +0.00% | -6.4%Negative MonthFeb 2022: -6.36% | -4.4%Negative MonthMar 2022: -4.36% | +3.6%Positive MonthApr 2022: +3.64% | -3.2%Negative MonthMay 2022: -3.16% | -2.4%Negative MonthJun 2022: -2.36% | +5.4%Positive MonthJul 2022: +5.39% | +8.6%Positive MonthAug 2022: +8.64% | +0.8%Neutral MonthSep 2022: +0.81% | +13.0%Positive MonthOct 2022: +13.04% | +13.7%Positive MonthNov 2022: +13.68% | -14.2%Negative MonthDec 2022: -14.16% |
| 2021 | β | β | β | β | β | +3.1%Positive MonthJun 2021: +3.15% | -2.2%Negative MonthJul 2021: -2.15% | -3.5%Negative MonthAug 2021: -3.49% | +7.0%Positive MonthSep 2021: +7.03% | +0.5%Neutral MonthOct 2021: +0.53% | -1.6%Neutral MonthNov 2021: -1.59% | +10.1%Positive MonthDec 2021: +10.05% |
| AvgΒ±SD |
Each cell is the percentage change in closing price from the end of the prior month to the end of this month. The bottom row shows the average return for that calendar month across the selected years, plus or minus one standard deviation β the range that historically contained roughly two-thirds of outcomes. Past monthly patterns are not a forecast of future returns.
This aggregates every month by calendar position β all Januaries together, all Februaries together, and so on β to show whether a given month has leaned positive or negative historically. βSimpleβ counts each month as +1 or β1. βWeightedβ gives larger moves more influence: +2 above +10%, β2 below β10%. With only 6 years of history for this asset, each monthβs score reflects a small number of observations β read it as a historical tendency, not a reliable seasonal pattern.
This tracks a running tally across the assetβs full price history: each month adds or subtracts based on whether it was positive or negative. A rising line means more positive months than negative so far; a flattening or falling line means recent months have leaned negative. This measures historical month-to-month consistency, not expected future performance.
Year-to-date return is calculated by dividing each dayβs closing price by the price on January 1st of that year (or the assetβs first available price if it began trading mid-year). The custom average line shows the mean YTD return at each calendar day across the selected years. The standard deviation band shows the range within which returns have historically fallen β at 1 SD, roughly two-thirds of years; at 2 SD, roughly 95%. Past year-to-date patterns do not predict future returns. The average and standard deviation band are computed from the year set chosen in βAverage fromβ, which is independent of which year lines are displayed. The current in-progress year is excluded from these calculations, since a partial year is not comparable to complete ones. Election-cycle groupings follow the US presidential calendar and are offered only for US and crypto assets.
Historical Performance
Revenue, profitability, and cash flow trends (βΉ Crores)
Revenue (10Y)
Operating Income (10Y)
Net Profit (10Y)
Operating Margin % (10Y)
Dividend Payout % (10Y)
Free Cash Flow (10Y)
Growth Summary
Latest fiscal year: Mar 2025
Historical Growth
Year-by-year revenue, profitability, and cash flow (βΉ Crores, last 10 years)
| Year | Revenue | Op. Income | Net Profit | CFO | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|---|
| Mar 2025 | βΉ2.90 K Cr | β | βΉ970.00 Cr | β | β | 6.8% | 14.3% | 6.8% |
| Mar 2024 | βΉ2.53 K Cr | β | βΉ908.00 Cr | β | β | 6.5% | -13.7% | -33.4% |
| Mar 2023 | βΉ2.94 K Cr | β | βΉ1.36 K Cr | β | β | 9.9% | 21.2% | 39.4% |
| Mar 2022 | βΉ2.42 K Cr | β | βΉ978.00 Cr | β | β | 7.4% | -2.8% | -40.1% |
| Mar 2021 | βΉ2.49 K Cr | β | βΉ1.63 K Cr | β | β | 12.8% | -8.0% | 4.9% |
| Mar 2020 | βΉ2.71 K Cr | β | βΉ1.56 K Cr | β | β | 12.9% | 2.3% | 14.1% |
| Mar 2019 | βΉ2.65 K Cr | β | βΉ1.36 K Cr | β | β | 12.1% | 18.7% | 11.3% |
| Mar 2018 | βΉ2.23 K Cr | β | βΉ1.23 K Cr | β | β | 11.5% | -16.8% | -20.7% |
| Mar 2017 | βΉ2.68 K Cr | β | βΉ1.54 K Cr | β | β | 13.4% | 7.4% | 9.7% |
| Mar 2016 | βΉ2.49 K Cr | β | βΉ1.41 K Cr | β | β | 12.5% | -11.4% | -16.1% |
Financial Statements
Income statement, balance sheet, and cash flow (βΉ Crores, as reported)
Consolidated Figures in USD Millions.
| Unnamed: 0 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue / Net Sales | 1,873 | 2,816 | 2,494 | 2,679 | 2,230 | 2,646 | 2,708 | 2,491 | 2,422 | 2,935 | 2,534 | 2,897 | 2,835 |
| Total Expenses | 268 | 372 | 431 | 480 | 524 | 605 | 589 | 621 | 625 | 671 | 725 | 773 | 767 |
| EBIT / Operating Profit | 1,604 | 2,443 | 2,063 | 2,200 | 1,706 | 2,041 | 2,119 | 1,869 | 1,797 | 2,264 | 1,809 | 2,124 | 2,069 |
| OPM % | 86% | 87% | 83% | 82% | 77% | 77% | 78% | 75% | 74% | 77% | 71% | 73% | 73% |
| Other Income | 237 | 309 | 537 | 409 | 407 | 392 | 569 | 406 | 177 | 325 | 378 | 353 | 413 |
| Finance Costs | 29 | 65 | 218 | 55 | 101 | 251 | 344 | 42 | 226 | 466 | 479 | 726 | 863 |
| Depreciation & Amortisation | 475 | 641 | 677 | 680 | 365 | 390 | 384 | 393 | 404 | 391 | 534 | 454 | 452 |
| Profit Before Tax | 1,338 | 2,047 | 1,704 | 1,874 | 1,648 | 1,793 | 1,959 | 1,840 | 1,343 | 1,732 | 1,174 | 1,296 | 1,166 |
| Tax % | 17% | 18% | 17% | 18% | 26% | 24% | 21% | 11% | 27% | 21% | 23% | 25% | - |
| Net Profit / PAT | 1,115 | 1,677 | 1,407 | 1,544 | 1,225 | 1,364 | 1,557 | 1,633 | 978 | 1,363 | 908 | 970 | 801 |
| EPS (βΉ) | 2.69 | 4.05 | 3.40 | 3.73 | 3.12 | 3.47 | 3.96 | 4.16 | 2.49 | 3.47 | 2.31 | 2.47 | 2.04 |
| Dividend Payout % | 36% | 26% | 32% | 74% | 67% | 62% | 56% | 53% | 68% | 51% | 78% | 59% | - |
Peer Comparison
Energy sector peers, ranked by market cap
| Company | Market Cap | Revenue | P/E | P/B | EV/EBITDA | Rev G 1Y |
|---|---|---|---|---|---|---|
| SJVN LIMITEDthis co. | βΉ31.21 K Cr | βΉ2.90 K Cr | 39.00 | 2.11 | 18.02 | 14.3% |
| Reliance Industries Ltd | βΉ19.66 L Cr | βΉ5.15 L Cr | 50.30 | 3.52 | 24.71 | -3.1% |
| NTPC Limited | βΉ3.28 L Cr | βΉ1.70 L Cr | 16.40 | 1.95 | 10.05 | 5.0% |
| Oil And Natural Gas Corporation Ltd | βΉ3.07 L Cr | βΉ1.34 L Cr | 9.42 | 0.91 | 4.12 | 3.2% |
| Adani Power Limited | βΉ2.77 L Cr | βΉ49.71 K Cr | 24.60 | 5.77 | 11.44 | 7.0% |
| Adani Enterprises Ltd. | βΉ2.49 L Cr | βΉ26.60 K Cr | 108.00 | 8.92 | 54.58 | -16.7% |
| POWER GRID CORPORATION OF INDIA LIMITED | βΉ2.41 L Cr | βΉ41.43 K Cr | 15.60 | 2.44 | 8.85 | -2.3% |
| Industry Average | β | βΉ57.17 K Cr | 54.29 | 4.27 | 53.34 | 35.1% |
