Saatvik FY26 PAT rises 64% to ₹3,571 million

Saatvik Green Energy Limited has reported a 64% increase in consolidated net profit to ₹3,571.15 million for the financial year ended March 31, 2026, driven by a 111% surge in revenue from operations to ₹45,484.37 million. The Board of Directors approved the audited standalone and consolidated financial results during a meeting held on May 20, 2026. The company achieved its highest-ever annual production of 3,162 MW during FY26, with an order book standing at approximately 5.89 GW as of March 31, 2026.

Consolidated Financial Performance

For the financial year ended March 31, 2026, Saatvik Green Energy reported a consolidated net profit of ₹3,571.15 million, up from ₹2,171.48 million in the previous year. Revenue from operations rose to ₹45,484.37 million from ₹21,583.94 million in FY25. Total income for the year stood at ₹45,879.97 million. The company's basic earnings per share (EPS) for the year improved to ₹29.83 from ₹19.40 in the prior year.

In the quarter ended March 31, 2026, the consolidated net profit was ₹604.20 million, while revenue from operations reached ₹16,176.57 million. Total expenses for the quarter amounted to ₹15,388.46 million. The company recognized exceptional items amounting to ₹39.46 million during the quarter, primarily related to an impairment loss identified for its Monoperic cash-generating unit.

The following table summarizes the key consolidated financial metrics for the company:

Metric (INR Millions):	Year Ended March 31, 2026	Year Ended March 31, 2025
Revenue from Operations:	45,484.37	21,583.94
Total Income:	45,879.97	21,924.65
Total Expenses:	41,423.98	19,082.53
Net Profit for the Year:	3,571.15	2,171.48
Basic EPS (₹):	29.83	19.40

Operational and Strategic Updates

The company achieved its highest-ever annual production of 3,162 MW during FY26, with effective capacity utilization of 84.07%. The debt-equity ratio improved significantly from 1.34 in FY25 to 0.65 in FY26. The Solar Pump business revenues surged nearly 19 times to ₹472 million in FY26.

On the expansion front, Saatvik Green Energy has scaled its solar cell manufacturing ambition to 6 GW, up from the previously envisaged 4.8 GW. The company is progressing towards entry into ingot and wafer manufacturing with a planned capacity of 6 GW. During the year, the company commissioned a 2 GW in-house EPE encapsulant manufacturing facility and announced plans to scale capacity to 5 GW.

Standalone Financial Results

On a standalone basis, the company reported a net profit of ₹622.85 million for FY26, compared to ₹1,559.34 million in the previous year. Revenue from operations for the year was ₹22,622.20 million, up from ₹19,743.30 million in FY25. For the quarter ended March 31, 2026, standalone net profit stood at ₹114.58 million with revenue from operations of ₹6,121.47 million.

Saatvik Green Energy Limited has intimated that its management representatives will conduct a physical one-on-one meeting with analysts and investors. The disclosure was made under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulation, 2015.

The meeting is scheduled to take place in Mumbai on May 22, 2026. The event is categorized as a roadshow, providing a platform for the company to engage directly with the investor community.

Meeting Details

The company provided specific logistical details regarding the upcoming interaction. The schedule is subject to change based on exigencies or unforeseen circumstances involving either the investors or the company.

Date of Meeting	Event	Mode of Meeting	Type of Meeting	Place of Meeting
May 22, 2026	Roadshow in Mumbai	Physical	One-on-one	Mumbai

Disclosure Compliance

Saatvik Green Energy clarified that its representatives do not intend to discuss any unpublished price sensitive information during these meetings. This ensures compliance with regulatory standards regarding fair disclosure. The relevant information is also available on the company's official website.