Saatvik Green Energy Shares Surge 10% on Strong Q1FY26 Earnings

Market Performance

Saatvik Green Energy shares made a strong start in the stock market on October 9, jumping nearly 10% in early trades. The stock opened at Rs 551.40 on the BSE, up Rs 50.10 from the previous close of Rs 501.30. This rally came on the back of impressive quarterly numbers that exceeded expectations and highlighted the company’s growth trajectory in the renewable energy sector.

Quarterly Financial Highlights

The company posted remarkable results for the quarter ended June 2025 (Q1FY26):

• Net Profit: Rs 118.8 crore, up from Rs 21.2 crore in the same period last year.
• Revenue: Rs 915.7 crore, a massive 272% increase YoY from Rs 246 crore.

These figures reflect robust demand for solar energy solutions and a strong order book that supports growth in the upcoming quarters.

Key Orders and Business Development

Saatvik Green Energy secured significant orders during the quarter, underpinning its strong performance:

• Orders aggregating Rs 488 crore from independent power producers/EPC for supply of solar PV modules, scheduled for execution in FY26.
• Subsidiary Saatvik Solar Industries received Rs 219.62 crore in orders from three major independent power producers/EPC for solar PV modules.

The strong order inflow demonstrates growing market confidence in the company’s capabilities and its expanding footprint in the renewable energy sector.

Company Details and Strategic Investments

Following its IPO listing at the end of September, Saatvik Green Energy has strategically allocated its fresh issue proceeds:

• Rs 477.23 crore invested in Saatvik Solar Industries Private Limited to establish a 4 GW solar PV module manufacturing facility at Gopalpur Industrial Park, Odisha.
• Rs 166.44 crore used to repay or prepay subsidiary borrowings, strengthening the company’s balance sheet and financial flexibility.

The company’s focus on capacity expansion and debt reduction positions it well to capitalize on growing solar energy demand.

Summary

Saatvik Green Energy’s stock surge reflects strong investor sentiment following robust Q1FY26 earnings, substantial order inflows, and strategic investments in manufacturing and debt management. The company is steadily emerging as a key player in India’s renewable energy sector, supported by both financial performance and operational growth initiatives.