Saatvik Green Energy Ltd
SAATVIKGLSaatvik Green Energy Ltd's three tracks disagree. Price, valuation and the earnings engine each tell a different story — the next quarter or two settles it.
The sharpest disagreement: annual EPS moved +47.1% against a −10.2% price move — the market has not yet caught up with the delivery.
The price is in a downtrend (1 weeks in) while the P/E sits at the 81st percentile of its own 1-year range. Underneath, the last four quarters read deteriorating — profit −95.5% year on year, and 9% of the last 3 years' profit arrived as cash. What settles it: whether the price catches up with earnings that have already moved.
Price story Before the numbers, the tape. A stock price moves through four repeating seasons: a flat base (stage 1), an advance (2), a top (3), a decline (4). Where the price sits in that cycle frames everything below.
Saatvik Green Energy Ltd trades at ₹396, in a downtrend and 1 weeks into that stage. That is −8.4% against its own 200-day average. It sits at 29% of a 52-week range of ₹344 to ₹524. On relative strength it is currently behind the NIFTY 500 on a trailing-13-week view (8 weeks and counting).
Today the stock is in a downtrend — week 1 of stage 4, confirmed. At ₹396 it trades −8.4% versus its 200-day average and sits at 29% of its 52-week range (₹344–₹524).
Against the market, two honest reads. Cumulative: over the last 1.0 years the stock moved −10% while the NIFTY 500 moved +0% — behind the index over the full window. Recent form: on a trailing-13-week view the stock is currently behind (8 weeks and counting; last ahead the week of 2026-07-17) — the ribbon below is that same metric, week by week.
What would end the trend, mechanically: two Friday closes in a row below the 200-day line. That is the exit rule — no debates.
Story check
Saatvik Green Energy Ltd's story is not scored yet against the markers our research file set on 14 June 2026. Where it sits in its own cycle: Not stated in the research file. Still open: Silver at 25% of module cost vs historical 15% creates 200-400 bps annual margin drag on 35% of book.
What is proven. See the research file
What is not proven yet. Silver at 25% of module cost vs historical 15% creates 200-400 bps annual margin drag on 35% of book.
🚨 Layer 1 read, 27 June 2026 — DROP. Cheap and growing revenue fast - but margins are collapsing, so the cheapness is a trap. Saatvik's revenue scaled to Rs 1,608 Cr a quarter, yet Q4 FY26 operating margin fell to 6.7%, the worst in its tracked history, and full-year margin of 12.78% badly missed its own 16.5% guide. Cash quality is poor (accrual-heavy, self_funding 0.2) and the operating cycle is contracting, so the +107% margin-of-safety is a DCF artifact on depressed earnings, not a real bargain (asymmetry is effectively zero). The cell-manufacturing ramp is a real future driver, but it is H2 FY27 and management already missed and then denied its margin guidance.
What would change Layer 1’s mind. Two consecutive quarters of OPM recovering back above 12-13% (toward the historical range) AND cell-revenue actually starting on the H2 FY27 timeline - that would turn the contraction into the guided recovery and lift it off the bottom of the slate; a third missed margin guide confirms the trap.
The test written in advance. Two consecutive quarters of OPM recovering back above 12-13% (toward the historical range) AND cell-revenue actually starting on the H2 FY27 timeline - that would turn the contraction into the guided recovery and lift it off the bottom of the slate; a third missed margin guide confirms the trap. — the thesis as written as stated by the next result — from our Layer 1 read of 27 Jun 2026.
🚨 What the surface reading misses. The surface reading is: Revenue doubled twice in two years — rapid growth inflection The research reads it further: Growth is capacity-driven (utilization 84% vs 40% industry average) and order-book-backed (5.89 GW confirmed). Not base-effect — base was Rs 1,088 Cr FY24 which was already 79% above FY23.
🚨 What the surface reading misses. The surface reading is: OPM at 0th percentile of own history — distressed margin The research reads it further: Margin collapse is externally-driven (commodity + forex) and contract-mechanics-trapped, not structurally broken. GPM 15.55% in Q4 vs OPM 6.7% means gross margin is above OPM by 890 bps — gross profit is there, operating cost absorption is the drag. Order book 5.89 GW with ongoing additions signals demand strength; the margin issue is pass-through timing, not competitive.
Sources: our stock research file (14 June 2026) · quarterly results through Jun 26 · the company’s own earnings calls. The story check is re-scored every results season; the record below never changes.
Revenue Revenue is the top line: everything the company billed its customers in the period.
Saatvik Green Energy Ltd reported ₹511 Cr of revenue in the Jun 26 quarter, −44.2% year on year. Over 3 years it has compounded at 95.5% a year. The last full year, FY26, came in at ₹4,548 Cr. The last four reported quarters add to ₹4,144 Cr.
Why this happened. ALMM2 implementation from April 2026 and ALMM3 from June 2028 require 3 manufacturers with 15 GW cumulative Indian capacity. India at ~200 GW installed solar vs 500 GW 2030 target. PM Surya Ghar and PM-KUSUM programs drive retail segment demand (Saatvik's primary near-term cell market). 44.6 GW FY26 additions pace to reach 55-60 GW FY27 per management.
FY26 revenue came in at ₹4,548 Cr (+110.8% on the year), capping 3 years at 95.5% compound. The latest quarter (Jun 26) printed ₹511 Cr, −44.2% year on year.
Pace check: the last four quarters averaged +58.7% growth against the decade's 95.5% — the current year is running slower than its own long-run rate.
Operating margin Operating margin is what is left of every ₹100 of sales after running the business, before interest and tax. It is the cleanest read on pricing power and cost control.
Saatvik Green Energy Ltd's operating margin is 6.6% in the Jun 26 quarter, −12.7 percentage points against the same quarter a year ago. Across 4 fiscal years the operating margin has ranged 2.5% to 15.0%. The current quarter sits inside that band.
Why this happened. Phase 1 (2.4 GW) cell line equipment install begins July 2026, production targeted H2 FY27. Management guided 3-4% EBITDA uplift on produced cell volumes — at FY26 revenue run-rate of Rs 4,548 Cr, 3% EBITDA on cell revenues would add Rs 50-80 Cr PAT annually assuming 20%+ PAT margin on the incremental EBITDA. DCR policy mandates Indian cell+module from June 2026, creating a premium price realization for ALMM-eligible output. Phase 2 (3.6 GW) brings total to 6 GW by June-July 2027.
The latest quarter's operating margin is 6.6%, −12.7 pp against the same quarter a year ago. Across 4 fiscal years the operating margin has ranged 2.5%–15.0%.
🚨 Why the margin moved: operating margin went −12.7 pp year on year while gross margin went −7.9 pp — the loss came mostly from the gross line: input costs and pricing.
Net profit Net profit is what survives every cost, interest and tax — the number EPS, dividends and book value all grow from.
Saatvik Green Energy Ltd earned ₹5.4 Cr of net profit in the Jun 26 quarter, −95.5% year on year. Full-year FY26 profit was ₹357 Cr. The 3-year compound rate is 314.9%. That is 1.0% of the quarter's revenue. The same quarter a year earlier earned ₹119 Cr.
Jun 26 profit was ₹5.4 Cr, −95.5% year on year. On the full year, FY26 printed ₹357 Cr (+66.8%), and the 3-year compound rate is 314.9%.
🚨 Why profit moved: revenue contributed −44.2% and the margin −12.7 pp — the quarter was revenue-led despite a thinner margin.
Pace comparison, last four quarters: profit +11.1% vs revenue +58.7%. Profit is growing slower than sales — costs are eating the growth before it reaches the bottom line.
Cash flow — the router The P&L says what was earned; the cash-flow statement says what actually arrived. Operating cash flow (CFO) against profit is the cleanest lie detector in the accounts.
Over the last 3 fiscal years 9% of Saatvik Green Energy Ltd's reported profit arrived as operating cash — a gap worth watching. In FY26 that was ₹−27.0 Cr of operating cash against ₹357 Cr of profit. After ₹577 Cr of capital spending, ₹−604 Cr was left as free cash.
FY26: operating cash of ₹−27.0 Cr against reported profit of ₹357 Cr, leaving free cash of ₹−604 Cr after ₹577 Cr of capital spending. Across the last 3 fiscal years the conversion rate is 9% of profit.
Cash-flow readings here are annual — that is the resolution our series carries, so this section moves once a year.
🚨 Why conversion sits at 9%: the cash cycle stretched 13 days between FY23 and FY26 — more of each rupee of profit waits inside the cycle before arriving. Less than 70% of profit arriving as cash is the thing to watch on this page.
Router verdict: conversion is below par and the cash cycle has stretched 13 days — the next section's job is to find where the cash is stuck.
Where the cash goes Working capital is the cash tied up between paying suppliers and getting paid: debtor days (customers owe), inventory days (stock waits), and the cash conversion cycle (the whole loop, in days of sales).
Saatvik Green Energy Ltd's cash conversion cycle runs 69 days in FY26, up from 56 days in FY23. Capital spending ran ₹891 Cr over the last 3 years. At FY26 sales of ₹4,548 Cr each day of that cycle holds about ₹12.5 Cr, so roughly ₹860 Cr sits inside the business at any moment.
Why this happened. Odisha 4 GW module plant equipment move-in June 2026, adding to 4.8 GW Ambala base for total 8.8 GW module capacity. Order book 5.89 GW (~Rs 8,000 Cr) covers 18 months of execution at current rates. Revenue doubled to Rs 4,548 Cr on 3,138 MW sales in FY26; at 6,000+ MW FY27 run-rate with sustained 12%+ OPM, PAT could reach Rs 500-600 Cr.
FY26: debtors at 56 days, inventory at 72 days — roughly 2.4 months of stock waiting to sell; that is where the cash sits while it waits — for a full cycle of 69 days, looser than FY23's 56.
The full loop: cash goes out to suppliers and production on day 0; stock waits 72 days to sell; customers pay about 56 days after that; and suppliers themselves are paid at 60 days — netting out to the 69-day cycle.
In money terms: at FY26 sales of ₹4,548 Cr, each day of the cycle holds about ₹12.5 Cr — so the 69-day loop keeps roughly ₹860 Cr sitting inside the business at any moment.
On the investment side: capital spending of ₹891 Cr over the last 3 fiscal years against ₹106 Cr of depreciation — the company is building well ahead of wear-and-tear. Capital work-in-progress stands at ₹384 Cr (FY26) — capacity paid for but not yet earning.
The synthesis: the working-capital loop is the cash sink the router flagged — watch the cycle, not the P&L.
Return on capital Return on capital employed (ROCE) is the profit the whole business earns on all the money in it — equity and debt together. It is the single best test of whether growth creates value or just size.
Saatvik Green Energy Ltd earns a ROCE of 33% in FY26. Return on invested capital clears the cost of that capital by +1.8 percentage points, so growth here adds value rather than only size. The wiring behind it is 7.8% net margin on 1.46× asset turns.
FY26 ROCE is 33%.
Why the return is what it is — the wiring (FY26): 7.8% net margin × 1.46× asset turns × 2.29× balance-sheet leverage ≈ 26.1% on equity. Margin does its share; leverage is a meaningful part of the equation.
The capstone test — ROIC − WACC: 13.8% − 12.0% = a +1.8 pp spread. The 12.0% is a standing assumption for the cost of capital in India, not a per-stock estimate — read the sign and the size of the spread, not the decimals. Positive but thin — value creation with little room for error.
Debt Debt-to-equity says how much of the business is funded by borrowings. Low is the safe corner; the trend matters as much as the level.
Saatvik Green Energy Ltd carries total debt of ₹939 Cr against shareholder equity of ₹1,361 Cr as of Mar 26, a debt-to-equity of 0.69. On the annual view that ratio went from 2.31 in FY24 to 0.69 in FY26. Read the returns elsewhere on this page with that leverage in mind.
Mar 26: total debt of ₹939 Cr against shareholder equity of ₹1,361 Cr — a debt-to-equity of 0.69. On the annual view, debt-to-equity went from 2.31 (FY24) to 0.69 (FY26). Read the returns on this page with that leverage in mind.
Ownership Who owns the stock, quarter by quarter: promoters (the controlling owners), foreign and domestic institutions, and the public. Steady accumulation by people close to the numbers is a signal; a quiet register is also an answer.
No holder of Saatvik Green Energy Ltd moved a full percentage point over the last two years — the register is quiet. The register is read on the four disclosed classes only; nothing is inferred between filings.
The register over the last two years — .
Safety line The Z-score estimates how far a company sits from balance-sheet distress — above roughly 3 is safe, below roughly 1.8 is the danger zone. It was built for manufacturers, so it is not applied to banks and lenders.
Saatvik Green Energy Ltd: the Z-score is not available for this stock, so we say so rather than invent one. It is a distance-to-distress estimate from the balance sheet, not a forecast of failure. The debt, cash-flow and return sections above carry the balance-sheet evidence this page does hold, and each of them states its own reporting date.
The safety line in one sentence: the Z-score is not available for this stock, so we say so rather than invent one.
Valuation P/E is the price of ₹1 of annual profit: how many rupees the market pays for each rupee the company earns in a year.
Saatvik Green Energy Ltd trades at 20.2× P/E, at the pricey end of its own range (81st percentile). Its long-run median P/E is 14.8×, measured across 1.0 years of weekly readings. This places the multiple against the stock’s own record, and says nothing about what the business is worth.
Today's P/E of 20.2× is at the pricey end of its own range (81st percentile), against a long-run median of 14.8× measured over 1.0 years of weekly readings. This is a comparison against the stock's own history — not a claim about what it is worth.
Why the multiple sits where it does: over the past year annual EPS moved +47.1% against a −10.2% price move — earnings outran the price, pushing the multiple DOWN its own range.
Put together: the multiple is full against its own past, so the story rests on the earnings line underneath it, not the multiple.
What the price assumes This reading works the multiple backwards. It asks one question: what yearly rate of profit growth is a buyer at the market price already paying for? The number is the growth rate that makes eleven years of profit — six years growing, then five fading — add up to that day's market price, once each year is discounted at 11% a year.
Solved at its 29 June 2026 price, Saatvik Green Energy Ltd was paying for profit growth of about 7.9% a year. Profit itself has compounded 314.9% a year over the past 3 years. Today the market pays 20.2× P/E, the 81st percentile of its own 1-year range.
What the two numbers say together. The multiple is full against its own past, and the growth the price is paying for is below what this company has actually delivered.
How to hold this number: it is a reading of one day's price, taken on 29 June 2026, not a running figure — every other number on this page, the multiple included, is read off the live quote as of 11 September 2026. A higher price is paying for more growth and a lower price for less, so it moves whenever the price does, and this page does not restate it between measurements.
Stage: No read Every business sits somewhere on a fundamental arc, and this page names the spot before anything else. The last twelve quarters of revenue, profit and EPS growth — plus the return the business earns on its capital — are read as curves: Deteriorating (the curves are falling), Turning around (a trough has just formed and the last few quarters lift off it), Improving (the climb off the trough is sustained), Consistent (steadily positive with healthy returns), Topping out (still high but decelerating from the peak). When the curves genuinely disagree the read is Mixed; too little history is No read. CAGR (compound annual growth rate) is the smooth yearly pace that turns the starting value into the latest one — the fairest way to compare growth across different time spans. Read the columns together: if the 1-year number towers over the 10-year, recent growth is running hotter than the long-run trend. A dash means that window is not held, or the base year was a loss (where a growth rate is not meaningful).
Saatvik Green Energy Ltd reads as no read on its fundamental arc. Under eight usable quarters on the growth trio — not enough history for an honest trajectory read. The read is built from 6 quarters across 1 curve, on partial evidence.
Why it matters: with too little history, an honest page says so instead of guessing a trajectory.
One or more growth curves carry a base-effect spike — a large year-on-year move off a near-zero or loss-making comparable quarter. Those spikes are capped before the classifier reads the trajectory, and shown pinned on the chart, so a single distorted quarter does not drive the stage call.
Fewer than eight usable quarters on the growth curves — this page will not guess a trajectory from a stub of history.
| 1yr | 3yr | 5yr | 10yr | |
|---|---|---|---|---|
| Revenue | +110.8% | +95.5% | — | — |
| Profit | +66.8% | +314.9% | — | — |
| EPS | +47.1% | +26.0% | — | — |
| Share price | −10.2% | — | — | — |
4-Factor Sector Score
45.2/100 — rank 6 of 13 in Electric Equipment - General · 73% evidence confidence
Saatvik Green Energy Ltd scores 45.2 out of 100 against the 13 companies it is compared with in Electric Equipment - General, ranking 6. Cheap but unconfirmed: require improving earnings before treating the valuation as an opportunity.
The four contributions add to the total exactly: 7.7 + 12 + 15.5 + 10 = 45.2. This is the SAME number shown on the sector comparison — it is computed once, for the whole peer set, and read here.
What would change it: The read weakens if profit growth turns negative or margin improvement reverses while sector-relative strength deteriorates.
Said versus delivered
What Saatvik Green Energy Ltd's management promised, set against what actually arrived — 4 tracked promises on the record. Read straight from the company’s own earnings calls. A promise that slipped stays on this page after it is met.
Phase 2 Completion Timeline Delayed · 14 August 2026. In May 2026, management said the 3.6 gigawatt Phase 2 cell project would be up and running around June-July 2027. In August 2026, the stated completion target moved to the end of FY28, representing a material delay of roughly one year without an explanation in the latest call.
Order Book Pass-Through Exposure Recharacterized · 14 August 2026. The May 2026 call characterized most of the large utility order book as pass-through, which supported a relatively protected margin outlook. The August 2026 call instead stated that only 30-40% of utility orders are variable-price and that the remainder is fixed-price, materially increasing the apparent exposure to input-cost volatility without explaining the change in contract mix or classification.
Odisha Module Plant Commissioning Delay · 21 May 2026. In the Feb 2026 call, management stated that the 4 GW module plant commissioning will happen in March 2026, enabling commercial production and revenue generation by mid-Q1 FY27. However, in the May 2026 call, they revealed that module equipment move-in will only begin in June 2026, showing a clear project delay from the previously stated timeline.\nPrior Call (Feb 2026): So the module plant commissioning will happen in the last around March of '26. ... So we should start revenues in the first quarter, around mid of the first quarter of next financial year.\nLatest Call (May 2026): Module equipment move-in will start from June and cell equipment move-in will start from July.
Retrospective Alteration of EBITDA Guidance · 5 February 2026. In the latest call, management claimed they had previously guided for a 13% EBITDA margin as a "realistic expectation" to justify the drop to 13.11%. This directly contradicts the November 2025 call, where they explicitly guided for margins to remain in the 16.5% range, similar to the prior year. Earlier call (Nov 2025): “Last year EBITDA was around 16.5% overall in the year. And we expect that this year also will be in the similar range.” Later call (Feb 2026): “We have previously guided that a 13% EBITDA is a realistic expectation. For the full year, we are currently at 16%.”
Every quote above is taken word for word from the company’s own earnings calls.
| Company | Score | Price stage | Growth & earnings/35 | Capital efficiency/25 | Valuation/20 | Relative strength/20 |
|---|---|---|---|---|---|---|
| 1Emmvee Photovoltaic Power LtdEMMVEE | 72.9/100Favorable setup73% evidence | FADING | 29.4/35 Revenue 84.1% · PAT 100% · OPM change 1 pp 100% evidence | 18.8/25 ROCE 44.8% · OPM 35% 100% evidence | 14.7/20 P/E 18.8× · PEG 0.92 65% evidence | 10.0/20 RS sector — · RS bench — · 1Y —9 of 12 weeks ahead 0% evidence |
| Exact sum: 29.4 + 18.8 + 14.7 + 10 = 72.9 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 2Fujiyama Power Systems LtdUTLSOLAR | 55.4/100Mixed-positive evidence63% evidence | BREAKING OUT | 21.8/35 Revenue 95% · PAT 62.4% · OPM change 1 pp 100% evidence | 13.6/25 ROCE 29.4% · OPM 19% 100% evidence | 10.0/20 P/E 32.9× · PEG — 15% evidence | 10.0/20 RS sector — · RS bench — · 1Y —12 of 12 weeks ahead 0% evidence |
| Exact sum: 21.8 + 13.6 + 10 + 10 = 55.4 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 3Hindusthan Insulators & Industries Ltd539984 | 53.2/100Mixed-positive evidence67% evidence | TURNING | 23.9/35 Revenue 41.8% · PAT 100% · OPM change 32 pp 71% evidence | 7.3/25 ROCE 10.6% · OPM 38% 76% evidence | 11.0/20 P/E 13.5× · PEG — 15% evidence | 11.0/20 RS sector -39.3% · RS bench 81.1% · 1Y -1.3%2 of 12 weeks ahead 100% evidence |
| Exact sum: 23.9 + 7.3 + 11 + 11 = 53.2 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 4Indosolar LtdWAAREEINDO | 50.2/100Mixed-positive evidence74% evidence | ASLEEP | 13.0/35 Revenue 7% · PAT -5.7% · OPM change 38 pp 95% evidence | 19.8/25 ROCE 124% · OPM 71% 95% evidence | 11.5/20 P/E 6.3× · PEG — 15% evidence | 5.9/20 RS sector -6.5% · RS bench -41.1% · 1Y -42.4%0 of 10 weeks ahead 70% evidence |
| Exact sum: 13 + 19.8 + 11.5 + 5.9 = 50.2 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 5ABB India LtdABB | 46.3/100Mixed-negative evidence74% evidence | BREAKING OUT | 17.4/35 Revenue 10.2% · PAT 66.5% · OPM change -1 pp 71% evidence | 14.8/25 ROCE 29.9% · OPM 13% 76% evidence | 6.8/20 P/E 100× · PEG — 50% evidence | 7.3/20 RS sector -19.2% · RS bench 18.5% · 1Y 42.1%5 of 12 weeks ahead 100% evidence |
| Exact sum: 17.4 + 14.8 + 6.8 + 7.3 = 46.3 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 6Saatvik Green Energy Ltdthis pageSAATVIKGL | 45.2/100Mixed-negative evidence73% evidence | ASLEEP | 7.7/35 Revenue 46.5% · PAT -21.9% · OPM change -12.7 pp 100% evidence | 12.0/25 ROCE 32.9% · OPM 6.6% 100% evidence | 15.5/20 P/E 20.2× · PEG 0.65 65% evidence | 10.0/20 RS sector — · RS bench — · 1Y -10.2%1 of 12 weeks ahead 0% evidence |
| Exact sum: 7.7 + 12 + 15.5 + 10 = 45.2 · Decision use: Cheap but unconfirmed: require improving earnings before treating the valuation as an opportunity. | ||||||
| 7Vidya Wires LtdVIDYAWIRES | 43.5/100Mixed-negative evidence60% evidence | TURNING | 14.5/35 Revenue 31.6% · PAT 40.9% · OPM change -0.5 pp 95% evidence | 8.8/25 ROCE 20.6% · OPM 4% 95% evidence | 10.2/20 P/E 30× · PEG — 15% evidence | 10.0/20 RS sector — · RS bench — · 1Y —4 of 12 weeks ahead 0% evidence |
| Exact sum: 14.5 + 8.8 + 10.2 + 10 = 43.5 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 8Yash Highvoltage Ltd544310 | 59.4/100Thin evidence · provisional47% evidence | LEADER | 18.4/35 Revenue — · PAT — · OPM change 3 pp 14% evidence | 15.4/25 ROCE 28.6% · OPM 26% 76% evidence | 8.7/20 P/E 72.6× · PEG — 15% evidence | 16.9/20 RS sector 10.2% · RS bench 55.2% · 1Y 86.8%12 of 12 weeks ahead 100% evidence |
| Exact sum: 18.4 + 15.4 + 8.7 + 16.9 = 59.4 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral. | ||||||
| 9Vivid Electromech LtdVIVIDEL | 56.9/100Thin evidence · provisional34% evidence | BREAKING OUT | 17.0/35 Revenue — · PAT — · OPM change 4 pp 19% evidence | 20.9/25 ROCE 58.6% · OPM 24% 95% evidence | 9.0/20 P/E 54.9× · PEG — 15% evidence | 10.0/20 RS sector — · RS bench — · 1Y —8 of 8 weeks ahead 0% evidence |
| Exact sum: 17 + 20.9 + 9 + 10 = 56.9 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral. | ||||||
| 10GP Eco Solutions India LtdGPECO | 56.1/100Thin evidence · provisional41% evidence | 20.5/35 Revenue — · PAT — · OPM change 10 pp 26% evidence | 16.3/25 ROCE 38.3% · OPM 15% 95% evidence | 11.3/20 P/E 11.9× · PEG — 15% evidence | 8.0/20 RS sector — · RS bench -10.2% · 1Y —4 of 4 weeks ahead to 2026-08-09 25% evidence | |
| Exact sum: 20.5 + 16.3 + 11.3 + 8 = 56.1 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral. | ||||||
| 11Parth Electricals & Engineering LtdPARTH | 53.7/100Thin evidence · provisional50% evidence | LEADER | 16.6/35 Revenue — · PAT — · OPM change 1 pp 26% evidence | 11.3/25 ROCE 21% · OPM 9% 95% evidence | 9.3/20 P/E 51.3× · PEG — 15% evidence | 16.5/20 RS sector 14.7% · RS bench 61.7% · 1Y 99.8%12 of 12 weeks ahead 70% evidence |
| Exact sum: 16.6 + 11.3 + 9.3 + 16.5 = 53.7 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral. | ||||||
| 12Indo SMC Ltd544681 | 53.7/100Thin evidence · provisional31% evidence | BREAKING OUT | 17.4/35 Revenue — · PAT — · OPM change 4 pp 26% evidence | 16.5/25 ROCE 33.9% · OPM 15% 76% evidence | 9.8/20 P/E 37.3× · PEG — 15% evidence | 10.0/20 RS sector — · RS bench — · 1Y —12 of 12 weeks ahead 0% evidence |
| Exact sum: 17.4 + 16.5 + 9.8 + 10 = 53.7 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral. | ||||||
| 13Saakshi Medtech & Panels LtdSAAKSHI | 53.6/100Thin evidence · provisional41% evidence | BREAKING OUT | 20.4/35 Revenue — · PAT — · OPM change 12 pp 26% evidence | 12.3/25 ROCE 14.3% · OPM 20% 95% evidence | 9.5/20 P/E 49.6× · PEG — 15% evidence | 11.4/20 RS sector — · RS bench 59.4% · 1Y —5 of 6 weeks ahead 25% evidence |
| Exact sum: 20.4 + 12.3 + 9.5 + 11.4 = 53.6 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral. | ||||||
Missing observations are not scored as bad. Their missing weight lowers confidence and pulls the final score toward neutral. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step curve the sector itself is placed on — basing, turning, breaking out, leader, fading, asleep — read from how many weeks running it has led NIFTY 500 and whether that lead is widening or shrinking. It describes where the PRICE stands, not the earnings trajectory and not a recommendation, and it is left blank for a company whose weekly history is too short or too stale to read.
Frequently asked questions
What is Saatvik Green Energy Ltd's share price today?
Saatvik Green Energy Ltd trades at ₹396, −10.2% over the past year. The company is valued at ₹5,033 Cr. The stock sits at 29% of its 52-week range of ₹344–₹524, −8.4% versus its 200-day average. On the tape, the price is in a downtrend, 1 weeks in. — as of 11 September 2026.
What were Saatvik Green Energy Ltd's latest quarterly results?
Saatvik Green Energy Ltd reported revenue of ₹511 Cr and net profit of ₹5.4 Cr for the Jun 26 quarter. Revenue fell 44.2% and profit fell 95.5% year on year. Earnings per share were ₹0.43. The operating margin was 6.6%, 12.7 pp lower than a year earlier. — as of 11 September 2026.
What is Saatvik Green Energy Ltd's revenue?
Saatvik Green Energy Ltd reported revenue of ₹511 Cr in the Jun 26 quarter, −44.2% year on year. For the full FY26 fiscal year, revenue was ₹4,548 Cr (+110.8%). Over the last 3 years revenue compounded at 95.5% a year. — as of 11 September 2026.
What is Saatvik Green Energy Ltd's profit?
Saatvik Green Energy Ltd earned ₹5.4 Cr of net profit in the Jun 26 quarter, −95.5% year on year. Full-year FY26 profit was ₹357 Cr. The operating margin ran 6.6% in the latest quarter. — as of 11 September 2026.
What is Saatvik Green Energy Ltd's market cap?
Saatvik Green Energy Ltd's market capitalisation is ₹5,033 Cr at a share price of ₹396. Market cap is the share price multiplied by shares outstanding, so it is restated whenever the price moves. — as of 11 September 2026.
What is Saatvik Green Energy Ltd's P/E ratio?
Saatvik Green Energy Ltd trades at a P/E of 20.2×, at the 81st percentile of its own 1-year range, against a long-run median of 14.8×. This is a comparison with the stock's own history, not a value call — as of 11 September 2026.
Does Saatvik Green Energy Ltd pay a dividend?
No — Saatvik Green Energy Ltd has recorded a dividend payout of 0% of profit in each of its last 4 reported fiscal years, so there is no payout history to quote. That is a reading of the filed annual statements, not an estimate. — as of 11 September 2026.
Is Saatvik Green Energy Ltd overvalued?
On its own history, Saatvik Green Energy Ltd looks expensive: its P/E of 20.2× sits at the 81st percentile of its 1-year range (long-run median 14.8×). That is a percentile read against the stock's own past, not a price opinion or a direction call. — as of 11 September 2026.
Is Saatvik Green Energy Ltd growing?
Not right now — Saatvik Green Energy Ltd's latest numbers are shrinking: latest-quarter revenue −44.2% year on year, profit −95.5%, and the margin −12.7 pp at 6.6%. The 3-year compound rates are 95.5% (revenue) and 314.9% (profit). The earnings engine currently reads: deteriorating — as of 11 September 2026.
How is Saatvik Green Energy Ltd performing?
Saatvik Green Energy Ltd is in a downtrend, 1 weeks in. Its latest quarter's revenue fell 44.2% and profit fell 95.5% year on year. Against the NIFTY 500 it has been behind on a trailing-13-week view for 8 weeks. This describes what the data did, not a rating. — as of 11 September 2026.
Is Saatvik Green Energy Ltd in an uptrend?
No — the price is in a downtrend (week 1 of stage 4), trading −8.4% versus its 200-day average and at 29% of its 52-week range. Price stages cycle base → advance → top → decline, and the stage names where this stock sits in that cycle — as of 11 September 2026.
Is Saatvik Green Energy Ltd beating the market?
Not lately — on a trailing-13-week view Saatvik Green Energy Ltd is currently behind the NIFTY 500 (8 weeks and counting; last ahead the week of 2026-07-17), the same metric the week-by-week ribbon on this page draws. Separately, on the cumulative view: over the last 1.0 years the stock moved −10% against the NIFTY 500's +0% — behind the index over the full window. — as of 11 September 2026.
Will Saatvik Green Energy Ltd's share price go up?
This page publishes no price forecast for Saatvik Green Energy Ltd. What it measures instead: the share price is ₹396, the price is in a downtrend 1 weeks in. Its P/E of 20.2× sits at the 81st percentile of its own 1-year range. — as of 11 September 2026.
Who owns Saatvik Green Energy Ltd?
Promoters hold 76.0% of Saatvik Green Energy Ltd, foreign institutions 0.2%, domestic institutions 11.0% and the public 12.8% (latest quarter). No holder moved a full point over the last two years — the register is quiet. — as of 11 September 2026.
Does Saatvik Green Energy Ltd have too much debt?
It is moderate — Saatvik Green Energy Ltd's debt-to-equity is 0.69, and operating profit covers the interest bill 8×. FY26 borrowings were ₹939 Cr against equity of ₹1,361 Cr. Read the returns on this page with that leverage in mind — as of 11 September 2026.
What is Saatvik Green Energy Ltd's capex?
Saatvik Green Energy Ltd spent ₹891 Cr on capital expenditure over the last 3 fiscal years, a figure derived from the change in fixed assets plus depreciation. In FY26 alone that was ₹577 Cr, with ₹384 Cr in capital work-in-progress — capacity paid for but not yet earning. — as of 11 September 2026.
What is Saatvik Green Energy Ltd's cash flow?
Saatvik Green Energy Ltd consumed ₹27.0 Cr of operating cash in FY26 — cash flowed out rather than in (free cash flow: ₹−604 Cr). Operating cash was negative while the company reported a profit of ₹357 Cr. Cash-flow resolution for India is annual. — as of 11 September 2026.
Is Saatvik Green Energy Ltd's profit real cash?
Not fully — over the last 3 fiscal years, 9% of Saatvik Green Energy Ltd's reported profit arrived as operating cash. In FY26, operating cash was ₹−27.0 Cr against reported profit of ₹357 Cr. The cash then goes mostly into the working-capital cycle. Cash-flow resolution is annual — as of 11 September 2026.
Where is Saatvik Green Energy Ltd in its business cycle?
Saatvik Green Energy Ltd's FY26 operating margin was 12.0%, against a 4-year band of 2.5%–15.0%: mid-band by its own history — neither the peak that precedes mean-reversion nor the trough that precedes recovery. The latest quarter ran 6.6%. Profitability versus a company's own long band is the cleanest cycle clock this page holds — as of 11 September 2026.
What growth does Saatvik Green Energy Ltd's price assume?
At its price on 29 June 2026, Saatvik Green Energy Ltd was priced for profit growth of about 7.9% a year. Profit itself has compounded 314.9% a year over the past 3 years. The figure reads the multiple backwards: the growth a buyer at that price was already paying for. — as of 11 September 2026.
What could break the Saatvik Green Energy Ltd story?
The sharpest disagreement: annual EPS moved +47.1% against a −10.2% price move — the market has not yet caught up with the delivery. Mechanically, two Friday closes in a row below the 200-day average would end the price trend — that is the exit rule this page tracks — as of 11 September 2026.
Is Saatvik Green Energy Ltd a stock worth studying right now?
This is not investment advice. The machine read: Saatvik Green Energy Ltd's three tracks disagree. Price, valuation and the earnings engine each tell a different story — the next quarter or two settles it. The sharpest open question: whether the price catches up with earnings that have already moved. Every number on this page is drawn deterministically from the raw series, with no forecasts and no price opinions — as of 11 September 2026.
Not SEBI Registered !! Not Investment advice !!