Rs 5,000+ crore order book with Kartik Aaryan as brand ambassador: Saatvik Green Energy receives orders from three renowned Independent Power producers/EPC Players

Saatvik Green Energy Limited's material subsidiary, Saatvik Solar Industries Private Limited, has secured and accepted a significant aggregated domestic repeat order totalling Rs 299.40 crore for the supply of Solar PV Modules. The orders were awarded by three renowned Independent Power Producers/EPC Players and are scheduled for execution over four months, from December 2025 to March 2026. This substantial contract win highlights the subsidiary's strong position in the domestic renewable energy sector, providing clear revenue visibility and underscoring confidence from major players in the Indian solar market.

About the Company

Saatvik Green Energy Limited, incorporated in 2015, is a major player in India's renewable energy sector, primarily functioning as a manufacturer of solar PV modules with a substantial operational capacity. The company provides a comprehensive suite of integrated solar solutions, encompassing module manufacturing (including advanced Mono PERC and N-TopCon modules), Engineering, Procurement, and Construction (EPC) services, and Operations & Maintenance (O&M) support. This end-to-end service model, alongside its massive manufacturing capacity, positions Saatvik as a key contributor to India's burgeoning solar energy market, serving residential, commercial, and utility-scale projects.

The quarter ended June 30, 2025 (Q1FY26), showcasing exceptional growth. Revenue from Operations surged by 272.28 per cent to Rs 915.73 crore, up from Rs 245.98 crore in Q1FY25. Net Profit (PAT) dramatically increased by 459.30 per cent to Rs 118.82 crore. The company achieved Modules Production of 685 MW in Q1FY26, utilising 81.47 per cent of its capacity.

Its forward-looking strength is underscored by a robust Order Book of 4.05 GW as of June 30, 2025. Furthermore, the company is making good progress on its capacity expansion, with Phase 1 of the 4 GW Odisha facility remaining on schedule for commissioning by the fourth quarter of the current fiscal year (Q4FY26). The company also reported an improvement in its financial health, with the Debt-to-Equity ratio strengthening from 1.36 in Q4FY25 to 1.28 in the current quarter, reinforcing the positive financial and operational trajectory. The company has a market cap of over Rs 6,700 crore and has an order book of over Rs 5,000 crore.

Disclaimer: The article is for informational purposes only and not investment advice.