Saatvik Green Energy Limited has delivered exceptional financial performance in Q3FY26, with consolidated net profit surging to ₹987M compared to ₹405M in the corresponding quarter of the previous year. The company's revenue witnessed remarkable growth, reaching ₹12.57B against ₹5.2B in the year-ago period, demonstrating strong operational momentum.

Strong Financial Performance

The company's financial metrics showcase robust growth across key parameters, reflecting the effectiveness of its business strategy and market positioning in the green energy sector. The EBITDA performance showed significant improvement, reaching ₹1.5B compared to ₹682M in the year-ago period, representing substantial growth in absolute terms.

Profitability Analysis

While the company demonstrated strong revenue and profit growth, the EBITDA margin showed a slight decline to 12.20% from 13.16% in the previous year. This marginal compression in profitability metrics indicates that despite robust top-line growth, operational efficiency faced some pressure during the quarter.

Earnings Call Details

Saatvik Green Energy Limited had previously announced a conference call to discuss its Q3FY26 unaudited financial results, scheduled for February 05, 2026 at 10:00 AM IST. The earnings call, hosted by Ambit Capital, provided investors and analysts an opportunity to interact with the company's senior management team regarding these strong results.

Management Team

The conference call featured key representatives from Saatvik Green Energy Limited's senior management team who presented the financial results and addressed questions from participants. The management team included Mr. Neelesh Garg as Chairman and Managing Director, Mr. Prashant Mathur as Chief Executive Officer, and Mr. Abani Jha as Chief Financial Officer.

Saatvik Green Energy Limited has announced a significant business development through its material subsidiary, with Saatvik Solar Industries Private Limited securing a substantial order worth ₹10.15 crores. The order comes from a renowned Independent Power producer/EPC Player for the supply of solar photovoltaic modules, marking another milestone in the company's solar energy business expansion.

Order Details and Specifications

The comprehensive order details reveal the commercial nature and scope of this business win:

Regulatory Compliance and Transparency

Saatvik Green Energy Limited disclosed this order under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulation, 2015, demonstrating its commitment to regulatory compliance and investor transparency. The announcement was made through official communications to both BSE Limited and National Stock Exchange of India Limited on January 22, 2026.

The company has confirmed that this transaction maintains arm's length commercial terms with no related party implications. Specifically, the promoter, promoter group, or group companies have no interest in the entity that awarded the order, ensuring complete independence in the business relationship.

Business Impact and Execution

This order represents a significant addition to Saatvik Solar Industries Private Limited's order book, reinforcing the subsidiary's position in the solar PV module manufacturing and supply sector. The February 2026 execution timeline provides a clear delivery framework, allowing for efficient project planning and resource allocation.

The order's domestic nature aligns with India's growing renewable energy sector and the increasing demand for solar photovoltaic solutions across various applications. As a material subsidiary of Saatvik Green Energy Limited, this business win contributes directly to the parent company's overall performance and market presence in the green energy segment.