SJVN files revised XBRL results for FY26

0 min read     Updated on 06 Jun 2026, 11:16 AM
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SJVN Limited submitted revised XBRL financial results for FY26 on June 2, 2026, following a clarification request from the exchange. The company confirmed that statutory auditors issued an unmodified opinion on the standalone and consolidated financial results for the period ended March 31, 2026.

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SJVN Limited submitted revised financial results in XBRL format for the period ended March 31, 2026, on June 2, 2026. The filing was made through the NSE NEAPS Portal in response to a clarification sought by the National Stock Exchange of India Limited regarding the earlier submission.

The company confirmed that the Statutory Auditors have furnished the audit report for the standalone and consolidated financial results with an unmodified opinion. This declaration was formally submitted to the exchanges on May 22, 2026, under Regulation 33 of the SEBI (LODR) Regulations, 2015.

The correspondence was addressed to both the National Stock Exchange of India Limited and BSE Limited. Soumendra Das, Company Secretary, authenticated the filings on behalf of SJVN Limited .

Key Filings Summary

Description Date Purpose
Declaration of Unmodified Opinion May 22, 2026 Confirm audit report status for FY26
Revised XBRL Submission June 2, 2026 Address exchange clarification

Historical Stock Returns for SJVN

1 Day5 Days1 Month6 Months1 Year5 Years
+0.46%+3.34%-4.15%+3.50%-23.89%+158.12%

What specific discrepancies prompted the NSE to seek clarification on the initial XBRL filing?

How will the restated financial results impact SJVN's credit ratings and borrowing costs for FY27?

Will this clarification delay the company's upcoming dividend declaration or annual general meeting schedule?

SJVN FY26 Audit Gets Unmodified Opinion

2 min read     Updated on 23 May 2026, 05:00 AM
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SJVN Limited confirmed that its statutory auditors provided an unmodified opinion on the standalone and consolidated financial results for FY26. The company reported a standalone net profit of ₹1,007.90 crore and revenue of ₹3,544.52 crore, while consolidated profit stood at ₹641.85 crore. Operational highlights include the commissioning of 1,730 MW, including units at Buxar Thermal and Bikaner Solar projects.

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SJVN Limited has announced that the Statutory Auditors have furnished the audit report on the standalone and consolidated financial results for the period ended March 31, 2026, with an unmodified opinion. This declaration was made to the stock exchanges on May 22, 2026, under Regulation 33 of the SEBI (LODR) Regulations, 2015.

The company had previously approved its annual audited standalone and consolidated financial statements for FY26 during a Board meeting on May 15, 2026. The Board had recommended a final dividend of ₹0.35 per equity share for FY2025-26, subject to shareholder approval. This final dividend is in addition to the interim dividend of ₹1.15 per equity share, bringing the total dividend for the year to ₹1.50 per share.

Standalone Financial Performance

On a standalone basis, SJVN reported a net profit of ₹1,007.90 crore for FY26, compared to ₹970.18 crore in the prior year. Revenue from operations grew to ₹3,544.52 crore from ₹2,897.25 crore. Total income for the year stood at ₹3,869.66 crore versus ₹3,252.44 crore previously. The revenue increase was primarily driven by the recognition of earlier year sales amounting to ₹670.98 crore pursuant to a tariff order for NJHPS & RHPS. An impairment loss of ₹174.11 crore was recognised during the year.

Metric: FY26 (Audited) FY25 (Audited)
Revenue from Operations (₹ Cr): 3,544.52 2,897.25
Total Income (₹ Cr): 3,869.66 3,252.44
Total Expenses (₹ Cr): 2,239.81 1,956.34
Net Profit (₹ Cr): 1,007.90 970.18
Basic & Diluted EPS (₹): 2.56 2.47
Net Worth (₹ Cr): 14,708.20 14,282.10
Debt Equity Ratio: 0.71 0.74

Consolidated Financial Performance

On a consolidated basis, the group reported a net profit of ₹641.85 crore for FY26, compared to ₹818.02 crore in the previous year. Consolidated revenue from operations rose to ₹4,528.29 crore from ₹3,072.01 crore. Total consolidated income stood at ₹4,722.81 crore. For the quarter ended March 31, 2026, the consolidated net loss narrowed to ₹117.84 crore from a net loss of ₹127.72 crore in the same quarter of the prior year. Management attributed the consolidated performance to losses in subsidiaries SGEL (₹257 crore) and SJVN Thermal (₹92 crore), driven by initial operational phases and finance costs.

Operational Highlights and Project Commissioning

During the year, total generation from all power stations stood at 13,302 million units, approximately 25% higher than the previous year. The company achieved a total capacity addition of 1,730 MW during FY26, comprising 1,070 MW solar and 660 MW thermal. Key commissions included the first unit of the 1,320 MW Buxar Thermal Power Project on November 14, 2025, and the 1,000 MW Bikaner Solar Power Project on December 24, 2025. The 70 MW Dhubri Solar Power Plant was also commissioned. With these additions, the total installed capacity of SJVN stands at 4,196 MW.

Historical Stock Returns for SJVN

1 Day5 Days1 Month6 Months1 Year5 Years
+0.46%+3.34%-4.15%+3.50%-23.89%+158.12%

When will SJVN's subsidiaries SGEL and SJVN Thermal transition from loss-making to profitable operations, and what milestones will signal that inflection point?

How will the commissioning of the second unit of the 1,320 MW Buxar Thermal Power Project impact SJVN's consolidated profitability in FY27?

Given SJVN's aggressive capacity expansion target, what is the company's debt financing strategy and how might rising leverage affect its credit ratings and future dividend sustainability?

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1 Year Returns:-23.89%