Saatvik Green Energy Hits 10% Upper Circuit On Stellar Q1 FY26 Performance

Mumbai, October 9, 2025: Saatvik Green Energy Limited (BSE: 544526 | NSE: SAATVIKGL) share price surged 10% to ₹551.70 in early trade on Wednesday, following a stellar Q1 FY26 performance. The solar power manufacturer reported a remarkable 272% year-on-year jump in revenue to ₹915.73 crore, alongside a massive 459% rise in net profit to ₹118.82 crore. Within minutes of market opening, the stock hit its upper circuit, underscoring strong investor confidence in the company’s growth trajectory.

Based in Gurugram, Saatvik Green Energy Limited is a vertically integrated solar energy solutions company involved in high-efficiency photovoltaic module manufacturing and EPC work for utility-scale, commercial, and industrial projects. The company has a module capacity of around 3.8 GW currently and is growing with scale at an aggressive pace through new facilities in Ambala and Odisha.

Stock Performance and Market Reaction

Saatvik’s shares opened at ₹551.70 – marking both the day’s high and low — up from the previous close of ₹501.55. As of 10:31 am IST, the stock was trading at ₹549, up 9.46%. The company’s market capitalization rose to ₹7,012.38 crore, while traded volumes on the BSE surpassed 2.42 lakh shares, valued at ₹13.34 crore. The stock has surged over 31% in just one week, hitting a fresh 52-week high for the second consecutive session.

Robust Q1 Financials Drive Investor Optimism

The rally followed Saatvik’s impressive Q1 FY26 financial results. The company posted a record EBITDA of ₹181.06 crore, up 346% year-on-year, while its PAT margin expanded to 12.98%. Investor confidence was further bolstered by a robust order book of 4.05 GW and the upcoming 4 GW module and 4.8 GW cell manufacturing facility in Odisha.

Emphasis On Operational Strength

Market observers pointed out that Saatvik’s consistent capacity utilization of over 81 percent and improving balance sheet ratios reflect its operational prowess. The company’s debt-equity ratio also picked up to 1.28 from 1.36, reflecting enhanced leverage management and financial health prior to its scheduled capacity augmentation.

Renewable Sector Outlook

While India’s renewable energy sector is seeing strong policy backing and investment inflows, Saatvik Green Energy’s robust operating performance and growth strategy make it one of the country’s top solar energy leaders. Experts see the firm’s order book, margin expansion, and technology integration driving its growth pace in the next FY26 and beyond.

REF: https://nsearchives.nseindia.com/corporate/SAATVIK_08102025200746_Signedpressrelease.pdf

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