Saatvik Green Energy Q4 FY2026

Saatvik Green Energy Q4 FY2026 audited financial results.

Saatvik Green Energy Limited, one of the leading integrated solar energy solutions providers in India, on Wednesday (May 20, 2026) announced its audited financial results for the quarter and year ended March 31, 2026.

The Company posted strong operational and financial performance during FY2026, with revenue from operations growing by 111% y-o-y to ₹45,484 Million, marking the Company’s highest-ever annual revenue performance.

Financial performance: Highlights

Q4 FY26 revenue from operations stood at ₹16,077 Million, reflecting 75% Y-o-Y growth.

FY2026 EBITDA stood at ₹5,811 Million, up 62% Y-o-Y, while PAT increased 64% Y-o-Y to ₹3,571 Million (the highest-ever profitability performance for the company).

Debt-equity ratio improved significantly from 1.34 in FY2025 to 0.65 in FY2026, reflecting stronger balance sheet positioning.

The Solar Pump business achieved remarkable multi-fold growth in FY2026, with revenues surging nearly 19-fold (from ₹25 million to ₹472 million).

Operational Highlights (FY26)

Highest-ever annual production in FY26 was 3,162 MW, supported by an effective capacity utilization of 84.07%.

Order book remained strong at approximately 5.89 GW as of March 31, 2026, offering medium-term business visibility.

Ambala facility continued operations at 4.8 GW module manufacturing capacity during FY26.

Odisha integrated facility comprising 4 GW module and expanded 3.6 GW Phase 2 solar cell capacity remained on track, with tool moving expected to commence from Q1 FY27.

Successfully commissioned a 2 GW EPE encapsulant manufacturing facility with plans to expand capacity to 5 GW.

Saatvik Green Energy Q4 FY2026

Management Speech

Commenting on the performance, Prashant Mathur, Chief Executive Officer, Saatvik Green Energy Limited, said –

FY26 was a defining year for us, marked by our successful listing on the Indian stock exchanges and the delivery of our highest-ever Revenue, EBITDA, and PAT performance.

Supported by strong order execution, manufacturing scale-up and growing customer relationships, we achieved our highest-ever annual production of 3,162 MW with effective capacity utilization of 84.07%, further strengthening our position as one of India’s fastest-growing renewable energy companies.

He further added, FY2026 also marked important strategic milestones across our clean energy solutions portfolio.

Our order book stood at 5.89 GW with leading IPPs and utilities, while we expanded into transformer manufacturing, launched the UDAY Series of on-grid inverters, and strengthened our presence across hybrid and off-grid inverters and BESS solutions with B2C solar kits set to launch soon.

Our sustainability efforts were also recognized globally as Saatvik was awarded the Bronze Medal by EcoVadis and ranked in the 79th percentile among assessed companies worldwide.

Supported by favourable policy initiatives and India’s long-term renewable energy ambitions, we believe Saatvik is strongly positioned for its next phase of growth with expanding manufacturing capacities, stronger integration and sharper execution capabilities.

Outlook: FY2027

Saatvik enters FY2027 with a strong strategic roadmap centered around manufacturing integration, product diversification, and operational scale-up.

Key focus areas for the coming year include –

• Advancing Odisha integrated manufacturing expansion and commencement of tool moving activities from Q1 FY27.
• Scaling integrated module, solar cell, encapsulant, ingot and wafer manufacturing capabilities.
• Strengthening presence across distributed solar, inverter, transformer, Solar Pump and BESS ecosystems.
• Expanding high-efficiency and value-added product offerings across domestic markets.
• Continuing operational efficiency initiatives, backward integration and disciplined capital allocation.

Disclaimer: This article is purely for informational purposes. While much time and effort is made to provide the information, I (Vishal Dalwadi) or (FinBlab) do not guarantee the accuracy, correctness, completeness or reliability of any information or data displayed herein and shall not be held responsible.