Saatvik Green Energy Ltd.
NSE: SAATVIKGL
Size band
Small cap
Market cap
5,224cr
P/E
33.3
ROE
78.9%
No price is shown on this page, live or delayed. It records what management said on the earnings call, and the company’s filings.
What management said
10 statements on recordEarnings call · Quarter ended June 30, 2026 / 1QFY27 · 18 Aug 2026
- Cell line ramp-up / ALMM-2 inspection→cell line ramp-up to commence shortly; ALMM-2 inspection planned for September 2026· September 2026
“We expect the cell line ramp-up to commence shortly, with the ALMM-2 inspection planned for September 2026.”
- Phase 2 cell manufacturing capacity→additional 3.6 gigawatt of cell manufacturing capacity; total cell manufacturing capacity to 6 gigawatts; completion by end of FY28· FY28
“Phase 2, spread across 27 acres, envisages an additional 3.6 gigawatt of cell manufacturing capacity, taking our total cell manufacturing capacity to 6 gigawatts. Site activities for Phase 2 are targeted to commence by the end of quarter two, financial year 27, with the project targeted for completion by the end of FY28.”
- Phase 3 ingot and wafer manufacturing capacity→6 gigawatt of ingot and wafer manufacturing capacity; completion in FY29· FY29
“In parallel, we have initiated planning for Phase 3, which envisages 6 gigawatt of ingot and wafer manufacturing capacity. The Phase 3 project is targeted for completion in FY29 and is aligned with the anticipated ALMM-3 transition.”
- Cell manufacturing utilisation→about 80% utilisation by the fourth quarter of this year· Q4 FY27
“We are hopeful that the full ramp-up will happen in three... three months. So we should, we should see a full ramp-up wherein we will get about 80% utilisation by the fourth quarter of this year.”
- Encapsulant manufacturing capacity→increase from 2 gigawatt to 5 gigawatt· next few months
“Apart from that, on a long-term basis, encapsulant currently we have 2 gigawatt capacity manufacturing capacity, but we are increasing it to 5 gigawatt.”
- FY27 sales, revenue, EBITDA margin and PAT margin→3.5 to 4 gigawatt sales; revenue around INR6,000 crores; EBITDA about 12%; PAT margin about 6% to 7%· FY27
“So our guidance remains as was given earlier, between 3.5 to 4 gigawatt sales, revenue around INR6,000 crores, with a EBITDA of about 12% and a PAT margin of about 6% to 7%.”
- Non-cell / non-module business revenue contribution→7%, 8%, 10% this year; 15% by next year· FY27 and next year
“Our target is to take it to 15% of our revenue. This year our target is to get to 7%, 8%, 10%. But in next -- by next year our target is to get to 15% of non-solar module business.”
- Capex for Phase 1 and Phase 2→Phase 1 approximately INR1,850 crores; Phase 2 approximately INR1,600 to INR1,700 crores
“So the right now the Phase 1 that we have of about 2.4 gigawatt of cell that is approximately and 4 gigawatt of module that is approximately INR1,850 crores. And the Phase 2 of 3.6 gigawatt of cell would be approximately around INR1,600 to INR1,700 crores.”
- Total capex→roughly INR3,500 crores
“Roughly INR3,500 crores, yes.”
- Net debt peak→around INR2,200 crores to INR2,400 crores· FY28
“So net debt wait what we are looking at would be at around INR2,200 crores, approximately INR2,200 crores to INR2,400 crores.”
Taken from management commentary on the company’s earnings call and quoted verbatim. These are statements of intent made by the company, not forecasts by Bharatstox, and nothing here records whether they were met.
No broadcast calls recorded.
We log calls made about a company on business television — Zee Business, CNBC Awaaz and NDTV Profit — as they are stated on air. Nothing is on record for Saatvik Green Energy Ltd..
Shareholding
change across 4 filings| Category | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Change |
|---|---|---|---|---|---|
| Promoters | 76.0 | 76.0 | 76.0 | 76.0 | 0.0 |
| Foreign institutions | 0.2 | 0.0 | 0.3 | 0.5 | −0.3 |
| Domestic institutions | 11.0 | 10.5 | 9.4 | 8.1 | +2.9 |
| Retail & others | 12.9 | 13.5 | 14.4 | 15.5 | −2.6 |
As filed with the exchange for the periods ending Sep 25 to Jun 26.
Filings
latest 25 of 152- Certificate under SEBI (Depositories and Participants) Regulations, 20188 Oct 2026
- Updates28 Sept 2026
- Trading Window25 Sept 2026
- Shareholders meeting24 Sept 2026
- Shareholders meeting24 Sept 2026
- Shareholders meeting24 Sept 2026
- Press Release on Order16 Sept 2026
- Updates16 Sept 2026
- Awarding of order(s)/contract(s)15 Sept 2026
- Receipt of Order15 Sept 2026
- Intimation of name change of Subsidiary Company pursuant to Regulation 30 of SEBI ( Listing Obligations and Disclosure Requirements ) Regulations, 20158 Sept 2026
- Updates8 Sept 2026
- Letter to Shareholders : Web-link to Annual Report 2026 and Notice calling for the 11th Annual General Meeting3 Sept 2026
- General Updates3 Sept 2026
- Bagging/Receiving of orders/contracts3 Sept 2026
- Receipt of Order3 Sept 2026
- Copy of Newspaper Publication3 Sept 2026
- Newspaper Advertisement for Completion of Dispatch of the Notice of 11th AGM of the company and E-voting information3 Sept 2026
- Business Responsibility and Sustainability Report for the Financial Year 2025-262 Sept 2026
- Annual Report for the Financial Year 2025-26.2 Sept 2026
- Notice of the 11th Annual General Meeting and Annual Report for the Financial Year 2025-262 Sept 2026
- Shareholders meeting2 Sept 2026
- Updates1 Sept 2026
- Press Release1 Sept 2026
- Newspaper Advertisement- Pre-dispatch of Public Notice for 11th AGM and Annual Report for financial year ended March 31, 202627 Aug 2026
The 25 most recent of 152 filings we hold for SAATVIKGL, back to January 2024. Every filing, by day.
Disclaimer
Guidance is quoted from management commentary on quarterly earnings calls; the words are the company's own and the targets are theirs, not ours. Filings are reproduced as companies filed them to the NSE and BSE; Bharatstox does not verify, endorse or comment on their contents. This page is for informational and educational purposes only and does not constitute investment advice, research, or a recommendation to buy or sell any security. Investing in securities markets is subject to market risks. Read all related documents carefully before investing.