Saatvik Green Energy Limited

Saatvik Green Energy Limited (SAATVIKGL) is a small-cap Capital Goods company valued at ₹5,027 crore operating in Other Electrical Equipment on the NSE and BSE.

Recent price move

Saatvik Green Energy Limited last traded at ₹394.5, modestly down 0.30% on the day.

Recent developments

On 2026-09-15, Saatvik Green Energy secured a ₹1,042 crore order from SECI for 600 MWp solar modules, which significantly boosts its order book. On 2026-08-21, the company received a ₹190 crore order from a domestic IPP player, and another ₹400.16 crore order via its subsidiary. These orders highlight the company's growing presence in the solar module supply segment.

Financial performance

The company's business is growing rapidly, with annual revenue rising 110.8% and annual net profit up 66.9%. However, the latest quarter saw revenue fall 44.2% and net profit drop 95.5% compared to the same quarter a year earlier, indicating a recent slowdown in performance.

Valuation multiples

The stock trades at 13.2 times earnings, 3.75 times book value.

Things to watch

The company's net profit margin has declined by 2.1 percentage points to 7.9%, and the latest quarter's net profit dropped sharply by 95.5%. Additionally, the stock is 28.5% below its 52-week high, and the company has not paid any dividends despite reporting profits.

Where it stands

Saatvik Green Energy has delivered strong revenue and profit growth over the past few years, but recent quarterly results show a significant decline. The company's recent order wins suggest continued demand for its solar modules, but the sharp drop in recent profits and the stock's distance from its high raise concerns. The most significant figure is the 28.5% drop from the 52-week high.

Summarised by DocStoX's model on 2026-10-03 from company filings, exchange data and news. This is a factual summary, not a rating or a recommendation. Informational only, not investment advice. Consult a SEBI-registered adviser before investing.