SJVNNSESJVN Limited· PowerHighNeutral
Announced Fri, 15 May · 14:24 IST

SJVN Limited has submitted to the Exchange, the financial results for the period ended March 31, 2026.

Revenue Growth 20pctPat Growth 25pctEmphasis Of MatterResults RestatedResults View source PDF

SJVN · price

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AI summary

SJVN Limited reported standalone revenue from operations of ₹3,544.52 crore for FY26, up 22.3% from ₹2,897.25 crore in FY25. Profit after tax stood at ₹1,007.90 crore versus ₹970.18 crore, a modest 3.9% increase. The Board recommended a final dividend of ₹0.35 per share, adding to the interim dividend of ₹1.15 already paid, bringing total dividend to ₹1.50 per share. Auditors issued an unqualified opinion but included emphasis of matter notes regarding pending tariff orders for NJHPS, Etalin HEP assets classified as held for sale (₹736.97 crore), projects on hold, and ₹174.11 crore impairment loss recognized. Consolidated revenue was ₹4,528.29 crore with PAT of ₹641.85 crore.

Likely market impact

Revenue growth of 22.3% demonstrates strong operational performance, though PAT growth of only 3.9% reflects higher finance costs and impairment charges. The dividend increase and healthy debt-service coverage ratio (2.18x) are positive signals for shareholders.