Outcome of Board Meeting held on May 20, 2026
SAATVIKGL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
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Saatvik Green Energy Ltd reported strong consolidated financial results for FY ended March 2026. Total revenue grew 110% year-on-year to Rs 45,880 million from Rs 21,924 million in FY25, driven by solar module manufacturing and EPC operations. Profit after tax increased 64% to Rs 3,571 million from Rs 2,171 million. Q4 PAT stood at Rs 604 million. However, EBITDA margin compressed from approximately 14.4% to 11.1% indicating cost pressures. The company completed a Rs 9,000 million IPO in September 2025 and is setting up a 4 GW solar manufacturing facility in Odisha. An exceptional impairment loss of Rs 39.46 million was recognized due to technological changes affecting the Monoperc CGU. The auditors gave an unmodified (clean) opinion.
The strong revenue and profit growth demonstrates the company's scaling in the solar energy sector, but margin compression may concern investors focused on profitability. The ongoing IPO fund utilization for capacity expansion could drive future growth. The clean audit opinion provides confidence in financial reporting.