# SJVN share price today (SJVN Ltd, NSE: SJVN)

> SJVN share price today: ₹55.76 at the NSE close on 3 November 2026, down 36.7% in a year. SJVN (NSE: SJVN) is worth ₹21,908 crore, trades at a P/E of 22.1 and has closed between ₹47.40 and ₹84.85 over the past 52 weeks. > SJVN Ltd's share price has fallen more than its earnings. Earnings per share fell 22.0% in a year while the price moved −36.7%. SJVN · Power - Generation/Distribution · data as of 3 November 2026. Page: https://www.sectoralpha.in/stocks/sjvn-ltd

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## Key numbers

- Business trend: Getting better, from the last 12 quarters
- Price: ₹55.76 (−36.7% in a year)
- P/E: 22.1× (higher than 70% of the last 11 years)
- Revenue (Sep 2026): ₹2,244 Cr (+117.4% on a year ago)
- Profit (Sep 2026): ₹658 Cr (+113.6% on a year ago)
- Operating margin: 71.0% (−12.0 points on a year ago)
- ROCE: 6%, FY26
- ROIC: 4.4%, against a 12.0% cost of capital: −7.6 points

Biggest thing to watch: the P/E is higher than 70% of its own history, so the multiple has already done part of the work. ## What is the SJVN share price today? SJVN Ltd's share price was ₹55.76 at the close on 3 November 2026. It has been falling for 102 weeks. That is 19.6% below its average price over the last 200 trading days. In the last 52 weeks it traded between ₹47 and ₹85, and at that close it sat 22% of the way up from that low. Over the past 13 weeks it has done worse than the NIFTY 500, and it has been behind for 24 weeks running. Over the last 11 years the share price moved +92% while the NIFTY 500 moved +251%, so it is behind the index over that whole period. It was last ahead over 13 weeks in the week of 12 June 2026. The chart above shows the 13-week comparison for every week. This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row. ## What changed at SJVN this quarter? 1. Revenue up on a year earlier for 10 quarters in a row In the September 2026 quarter revenue was ₹2,244 crore, +117.4% on a year earlier. 3. Operating margin down 12 points on a year earlier 71% in the September 2026 quarter, from 83%. ## What dividend does SJVN pay? SJVN paid ₹1.50 a share in regular dividends in the 12 months to 4 November 2026 (2 payments), a yield of 2.69% at the ₹55.76 close on 3 November 2026. The last was a dividend of ₹0.35 a share, ex-date 24 August 2026. ### SJVN dividends since 1 April 2021

| Ex-date | Dividend per share | Type | Record date |
| --- | --- | --- | --- |
| 24 Aug 2026 | ₹0.35 | Dividend | same day |
| 20 Feb 2026 | ₹1.15 | Interim | same day |
| 18 Sep 2025 | ₹0.31 | Dividend | same day |
| 21 Feb 2025 | ₹1.15 | Interim | same day |
| 12 Sep 2024 | ₹0.65 | Dividend | n/a |
| 21 Feb 2024 | ₹1.15 | Interim | same day |
| 21 Sep 2023 | ₹0.62 | Dividend | n/a |
| 17 Feb 2023 | ₹1.15 | Interim | same day |
| 21 Sep 2022 | ₹0.55 | Dividend | n/a |
| 21 Feb 2022 | ₹1.15 | Interim | 22 Feb 2022 |
| 21 Sep 2021 | ₹0.40 | Dividend | n/a |

Amounts as the company declared them on the NSE. A dividend goes to whoever owns the shares before the ex-date. 5 of 5 Of the last 5 financial years, years with an NSE dividend record

Yes. SJVN Ltd paid out 92% of its profit as dividends in FY26, and it paid a dividend in each of its last 13 reported years. (From the NSE corporate-actions record, read 4 November 2026.)

## What are SJVN's latest quarterly results? For July to September 2026 (the quarter ended 30 September 2026), SJVN reported revenue of ₹2,244 crore, up 117.4% from ₹1,032 crore a year earlier, and a profit of ₹658 crore, up 113.6% from ₹308 crore. ### SJVN results: July to September 2026 against a year earlier

| Measure | July to September 2026 | July to September 2025 | Change |
| --- | --- | --- | --- |
| Revenue | ₹2,244 crore | ₹1,032 crore | +117.4% |
| Profit | ₹658 crore | ₹308 crore | +113.6% |
| Earnings per share | ₹1.67 | ₹0.78 | +114.1% |
| Operating margin | 71.0% | 83.0% | −12.0 points |

The next results, for October to December 2026, are due by 14 February 2027: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter). The newest call in our records is from 15 May 2026, about January to March 2026; a call about these results is not in our records yet. (From the company's reported quarterly results (quarter ended 30 September 2026). Revenue and profit in ₹ crore.)

## What is the SJVN share price history? SJVN closed at ₹55.76 on 3 November 2026, down 36.7% from ₹88.03 a year earlier (31 October 2025) and up 89.7% over five years. Its highest weekly close since March 2016 was ₹150.69 on 12 July 2024. ### SJVN share price: then and now

| When | Close | Change to 3 Nov 2026 |
| --- | --- | --- |
| 1 week ago · 23 Oct 2026 | ₹47.40 | +17.6% |
| 1 month ago · 1 Oct 2026 | ₹57.91 | −3.7% |
| 6 months ago · 30 Apr 2026 | ₹78.98 | −29.4% |
| 1 year ago · 31 Oct 2025 | ₹88.03 | −36.7% |
| 3 years ago · 3 Nov 2023 | ₹73.85 | −24.5% |
| 5 years ago · 4 Nov 2021 | ₹29.40 | +89.7% |
| 10 years ago · 4 Nov 2016 | ₹31.30 | +78.1% |
| Earliest weekly close in our records · 11 Mar 2016 | ₹29.00 | +92.3% |
| Highest weekly close since March 2016 · 12 Jul 2024 | ₹150.69 | −63.0% |
| Lowest weekly close since March 2016 · 27 Mar 2020 | ₹20.40 | +173.3% |
| 52-week high (weekly close) · 7 Nov 2025 | ₹84.85 | −34.3% |
| 52-week low (weekly close) · 23 Oct 2026 | ₹47.40 | +17.6% |

Weekly closing prices. Each change is the move from that price to the 3 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes. (563 weekly closes from 11 March 2016 to 3 November 2026.)

## What is the latest news on SJVN? 3 Nov 2026: SJVN closed at ₹55.76, up 17.6% on the week and down 3.7% on the month. Results for July to September 2026: Revenue up 117.4% and profit up 113.6% on a year earlier. ### Earlier

- 24 Aug 2026: ex-date for a dividend of ₹0.35 a share. - 15 May 2026: SJVN held its results call for January to March 2026. Management guided: Buxar Unit 2 commercial operation planned end-May 2026. - 20 Feb 2026: ex-date for an interim dividend of ₹1.15 a share. ## What did SJVN management say on the latest results call? On the call for January to March 2026, held on 15 May 2026, SJVN's management guided: Buxar Unit 2 commercial operation planned end-May 2026. > “We are very confident that during FY27, we are going to have a profit from the Buxar Thermal Power Plant”
> Bhupender Gupta, on the call for January to March 2026

### What management guided

- FY27 capacity addition 2,284 MW (Buxar Unit 2, Dhaulasidh, 1,555 MW solar)
- FY28 capacity addition 650 MW mainly solar. - Nepal Arun-3 full commissioning December 2028 for all four 900 MW units. - Bikaner SVR commissioning October 2026 to unlock full 1,000 MW capacity from current 880 MW. Management’s own plans and goals, from our notes of the call. A plan is not a result. Source: [the call transcript](https://files.tijoristack.ai/concall/transcript/6419-15-May-2026.pdf). (From the call for January to March 2026, 15 May 2026. The July to September 2026 results are out since, so this part may be out of date until we update it.)

## What to watch in SJVN's next results? When SJVN reports October to December 2026, these are the 4 checks that show whether the story is still on course. First: Buxar Unit 2 commercial operation status and combined two-unit PLF trajectory - verify if combined plant achieving 65%+ PLF post-May 8 Unit 2 synchronization, confirming path to 70%+ profitability inflection for FY27. - What to check (from the call)
- Buxar Unit 2 commercial operation status and combined two-unit PLF trajectory - verify if combined plant achieving 65%+ PLF post-May 8 Unit 2 synchronization, confirming path to 70%+ profitability inflection for FY27. - SGEL loss reversal pace - confirm if Bikaner and Dhubri moving toward design CUF goals and reducing loss run-rate, validating management projection of substantial FY27 recovery versus FY26 ₹258 crore loss. - Renewable PPA conversion momentum - track if pending 9 GW unsigned capacity moved to signed PSA status or if industry-wide 25-30% conversion rate persists, indicating demand weakness is structural or temporary. - Khavda solar curtailment resolution - verify if transmission line connectivity delays lifted, 300 MW curtailment eliminated, and fuller grid integration achieved in Northern solar projects. ## Which stock lists is SJVN on? SJVN is on 4 of our India lists: Dividend stocks, Small & mid cap stocks, Penny stocks and Power & green energy stocks. - [Dividend stocks Regular dividend yield (%): 2.65](https://www.sectoralpha.in/dividend-stocks-india)
- [Small & mid cap stocks Size rank in India: 351](https://www.sectoralpha.in/small-cap-stocks-india)
- [Penny stocks Earnings growth, 12 months (%): 76.76](https://www.sectoralpha.in/penny-stocks-india)
- [Power & green energy stocks Group on the list: Renewable power producers](https://www.sectoralpha.in/sectors/power-stocks-india)

## Is SJVN profitable? SJVN Ltd earned ₹658 Cr of net profit in the Sep 2026 quarter, +113.6% on the same quarter a year earlier. Full-year FY26 profit was ₹642 Cr. Over 10 years profit has grown −7.6% a year on average. That is 29.3% of the quarter's revenue. The same quarter a year earlier earned ₹308 Cr. 2 of the last 12 reported quarters were loss-making. For the full year, FY26 profit was ₹642 Cr (−21.5% on the year before). Why profit moved: revenue changed +117.4% on a year earlier and the margin moved −12.0 percentage points. Sales did the work while the margin got thinner. On average over the last four quarters, profit changed +54.2% and revenue +106.9%. Profit is growing slower than sales: rising costs are taking part of the growth. ## How much revenue does SJVN make, and is it growing? SJVN Ltd reported ₹2,244 Cr of revenue in the Sep 2026 quarter, +117.4% on the same quarter a year earlier. That is the 10th quarter in a row with growth on the year before. Over 10 years it has grown 6.1% a year on average. The last full year, FY26, came in at ₹4,528 Cr. The last four reported quarters add to ₹6,216 Cr. FY26 revenue was ₹4,528 Cr, +47.4% on the year before. Recent pace: the last four quarters grew +106.9% on average, against 6.1% a year over the longer run, so this year is growing faster than its own long-run rate. Is growth speeding up? Revenue over the last 12 months grew +99.0%, against +45.9% a year over the last 8 quarters (accelerating); profit over the last 12 months grew +77.6%, against −0.4% a year (accelerating). ## How much of every ₹100 of sales does SJVN keep? SJVN Ltd's operating margin was 71.0% in the Sep 2026 quarter, 12.0 percentage points lower than the same quarter a year ago. Across 13 years it has been between 71.0% and 87.0%. The latest quarter is within that range. Why the margin moved: operating margin changed −12.7 percentage points on the year while gross margin changed −16.0 points. So the drop came mostly from the gross margin, which means input costs and prices charged. ## Is SJVN's profit turning into cash? Over the last 3 years, 238% of SJVN Ltd's reported profit came in as cash from its operations, so the profit is backed by cash. In FY26 it brought in ₹1,860 Cr of operating cash against ₹642 Cr of profit. After ₹5,632 Cr of spending on assets, free cash was −₹3,772 Cr: it spent more than its operations brought in. Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year. Why 238% of profit came in as cash: the cash cycle got 85 days longer between FY21 and FY26, so more of each rupee of profit waits in the business before it arrives. What to look at next: the bigger use of cash is spending on new assets, at 9.1× depreciation over three years. The next section checks what that spending is building. ## Where does SJVN's cash go? SJVN Ltd's cash cycle, the days between paying suppliers and getting paid by customers, was 162 days in FY26, up from 77 days in FY21. It spent ₹20,726 Cr on assets over the last 3 years. At FY26 sales of ₹4,528 Cr, each day of that cycle ties up about ₹12.4 Cr, so roughly ₹2,010 Cr is tied up in the business at any time. Spending on assets: ₹20,726 Cr over the last 3 years, against ₹2,275 Cr of depreciation (the yearly wear and tear on existing assets). So it is building well beyond replacing what wears out. Work still in progress is ₹19,155 Cr (FY26): assets paid for that are not earning yet. In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns. ## What is SJVN's P/E ratio, and how does it compare with its own history? SJVN Ltd's P/E is 22.1×, near the high end of its own history: higher than 70% of past readings. Its usual P/E (the middle reading) is 9.3×, over 11 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth. Why the multiple is where it is: over the past year earnings per share moved −22.0% while the price moved −36.7%. Earnings did better than the price, which pulled the multiple down within its own range. Where the price move came from: over 5 years the price moved +13.7% a year; about −12.4% a year came from earnings growth and about +26.1 percentage points from the multiple (the market paying more); over 10 years the price moved +5.9% a year; about −2.3% a year came from earnings growth and about +8.2 percentage points from the multiple (the market paying more). The split is approximate (price return minus earnings growth). It shows how much of the move came from the market paying a different multiple. In short: the multiple is high against its own past, so the earnings trend underneath matters more than the multiple. ## Is the SJVN business getting better or worse? SJVN Ltd's business is getting better. Profit growth hit its low 3 quarters ago at −37.2% and has recovered to +77.6%, with ROCE steady at 7.0%. This is based on 12 quarters of 4 measures. Why it matters: a lasting rise from a low is what this page is built to show. ## How much does SJVN earn on its capital? SJVN Ltd earned a ROCE of 6% in FY26. That is up from a low of 5% in FY24. Its return on capital used (ROIC) is 7.6 percentage points below its cost of capital, so growth here does not yet pay for the capital it uses. It comes from a 14.2% net margin and 0.09× asset turnover (sales divided by assets). Why the return is what it is (FY26): a 14.2% net margin × 0.09× asset turnover × 3.64× leverage (assets divided by equity) ≈ 4.7% on equity. The margin does its share; borrowing is a big part of it. The key test, return on capital used minus the cost of capital: 4.4% − 12.0% = −7.6 percentage points. The 12.0% is a standard assumption for the cost of capital in India, not an estimate for this company. Read the sign and size of the gap, not the decimals. Negative: growth at these returns loses value until returns improve. ## Does SJVN have too much debt? SJVN Ltd has total debt of ₹33,692 Cr against shareholder equity of ₹14,994 Cr as of Sep 2026, so its debt is 2.25× its equity. Year by year, that ratio went from 0.52 in FY22 to 2.27 in FY26. Keep that borrowing in mind when reading the returns on this page. ## What is the SJVN shareholding pattern? No group of SJVN Ltd's owners changed its stake by a full percentage point over the last two years. Foreign institutions moved +0.3 points over the same period, to 2.6%. This uses the four owner groups that companies report every quarter; nothing is guessed between filings. Over the last two years: Domestic institutions: −0.5 points over 8 quarters, to 3.8%; Foreign institutions: +0.3 points over 8 quarters, to 2.6%; Promoters: +0.0 points over 8 quarters, to 81.8%. ## How far is SJVN from balance-sheet trouble? For SJVN Ltd, the Z-score is not available, so we say so rather than guess one. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. The debt, cash-flow and return sections show the balance-sheet figures we do have, each with its own date. ## How does SJVN rank in its industry? 54.6 out of 100, rank 7 of 21 in Power - Generation/Distribution, with 93% of the evidence available. SJVN Ltd scores 54.6 out of 100 against the 21 companies it is compared with in Power - Generation/Distribution, ranking 7. Earnings are strong; relative strength in its sector is -14% and the one-year return is -39.4%. The four parts add up to the total exactly: 25 + 11.5 + 14.8 + 3.3 = 54.6. This is the same number shown on the industry page; it is worked out once for the whole group and read here. What would change it: The score would fall if profit growth turns negative or margins stop improving while the share price lags its sector. ## Which companies is SJVN compared with? SJVN ranks 7 of 21 Power - Generation/Distribution companies on the 4-Factor Sector Score, with 54.6 out of 100. 1. [ACME Solar Holdings Ltd](https://www.sectoralpha.in/stocks/acme-solar-holdings-ltd) ACMESOLAR · leader · Most evidence points up · 83% evidence 65.4 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 20.5/35 · Revenue 53.7% · Profit 57.5% · Operating margin change -1 points · 100% evidence Capital efficiency 15.6/25 · ROCE 8.9% · Operating margin 85% · 100% evidence Valuation 9.3/20 · P/E 38.1× · PEG n/a · 15% evidence Relative strength 20.0/20 · Lead over its industry 48.7% · Lead over NIFTY 500 37.1% · 1 year 43.6% · 100% evidence · 12 of 12 weeks ahead Exact sum: 20.5 + 15.6 + 9.3 + 20 = 65.4 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 2. [Adani Power Ltd](https://www.sectoralpha.in/stocks/adani-power-ltd) ADANIPOWER · quiet · Most evidence points up · 100% evidence 65.3 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 26.1/35 · Revenue 17.2% · Profit 58.7% · Operating margin change 4 points · 100% evidence Capital efficiency 17.9/25 · ROCE 17.2% · Operating margin 42% · 100% evidence Valuation 7.9/20 · P/E 20× · PEG 1.83 · 100% evidence Relative strength 13.4/20 · Lead over its industry 17.8% · Lead over NIFTY 500 8% · 1 year 19.7% · 100% evidence · 0 of 12 weeks ahead Exact sum: 26.1 + 17.9 + 7.9 + 13.4 = 65.3 · What this means: Earnings, capital efficiency and relative strength all agree. The open questions are about management, upcoming events and risks. 3. [Gujarat Industries Power Co Ltd](https://www.sectoralpha.in/stocks/gujarat-industries-power-co-ltd) GIPCL · breaking out · Evidence leans up · 81% evidence 59.9 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 28.6/35 · Revenue 23.7% · Profit 100% · Operating margin change 18 points · 88% evidence Capital efficiency 8.1/25 · ROCE 5.5% · Operating margin 48% · 100% evidence Valuation 11.2/20 · P/E 4.9× · PEG 2.55 · 100% evidence Relative strength 12.0/20 · Lead over its industry n/a · Lead over NIFTY 500 6% · 1 year -12.5% · 25% evidence · 12 of 12 weeks ahead Exact sum: 28.6 + 8.1 + 11.2 + 12 = 59.9 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 4. [JSW Energy Ltd](https://www.sectoralpha.in/stocks/jsw-energy-ltd) JSWENERGY · quiet · Evidence leans up · 82% evidence 58.8 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 23.1/35 · Revenue 26.4% · Profit 24.4% · Operating margin change -1 points · 95% evidence Capital efficiency 13.6/25 · ROCE 8.2% · Operating margin 57% · 76% evidence Valuation 7.8/20 · P/E 38.9× · PEG n/a · 50% evidence Relative strength 14.3/20 · Lead over its industry 10.5% · Lead over NIFTY 500 1.6% · 1 year -5.1% · 100% evidence · 0 of 12 weeks ahead Exact sum: 23.1 + 13.6 + 7.8 + 14.3 = 58.8 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 5. [Adani Green Energy Ltd](https://www.sectoralpha.in/stocks/adani-green-energy-ltd) ADANIGREEN · turning · Evidence leans up · 75% evidence 55.1 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 16.4/35 · Revenue 21.2% · Profit -3.3% · Operating margin change 2 points · 95% evidence Capital efficiency 14.1/25 · ROCE 7.4% · Operating margin 89% · 76% evidence Valuation 8.7/20 · P/E 109× · PEG n/a · 15% evidence Relative strength 15.9/20 · Lead over its industry 25.5% · Lead over NIFTY 500 15.2% · 1 year 13.9% · 100% evidence · 0 of 12 weeks ahead Exact sum: 16.4 + 14.1 + 8.7 + 15.9 = 55.1 · What this means: Relative strength against the index is 15.2%, and revenue and profit growth are weak. 6. [NTPC Ltd](https://www.sectoralpha.in/stocks/ntpc-ltd) NTPC · quiet · Evidence leans up · 82% evidence 55.0 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 16.7/35 · Revenue 7.4% · Profit 24.8% · Operating margin change 0 points · 95% evidence Capital efficiency 14.1/25 · ROCE 8.9% · Operating margin 29% · 76% evidence Valuation 11.8/20 · P/E 10.3× · PEG n/a · 50% evidence Relative strength 12.4/20 · Lead over its industry 2.7% · Lead over NIFTY 500 -5.5% · 1 year -6.1% · 100% evidence · 0 of 12 weeks ahead Exact sum: 16.7 + 14.1 + 11.8 + 12.4 = 55 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 7. SJVN Ltd this page SJVN · quiet · Evidence leans up · 93% evidence 54.6 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 25.0/35 · Revenue 99% · Profit 77.6% · Operating margin change -12 points · 100% evidence Capital efficiency 11.5/25 · ROCE 5.7% · Operating margin 71% · 100% evidence Valuation 14.8/20 · P/E 21.2× · PEG 0.29 · 65% evidence Relative strength 3.3/20 · Lead over its industry -14% · Lead over NIFTY 500 -20.9% · 1 year -39.4% · 100% evidence · 0 of 12 weeks ahead Exact sum: 25 + 11.5 + 14.8 + 3.3 = 54.6 · What this means: Earnings are strong; relative strength in its sector is -14% and the one-year return is -39.4%. 8. [NTPC Green Energy Ltd](https://www.sectoralpha.in/stocks/ntpc-green-energy-ltd) NTPCGREEN · quiet · Evidence leans up · 83% evidence 52.3 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 20.7/35 · Revenue 49.3% · Profit 8.6% · Operating margin change 2 points · 100% evidence Capital efficiency 11.8/25 · ROCE 3.6% · Operating margin 88% · 100% evidence Valuation 8.8/20 · P/E 106× · PEG n/a · 15% evidence Relative strength 11.0/20 · Lead over its industry -0.7% · Lead over NIFTY 500 -8.7% · 1 year -20.1% · 100% evidence · 0 of 12 weeks ahead Exact sum: 20.7 + 11.8 + 8.8 + 11 = 52.3 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 9. [NHPC Ltd](https://www.sectoralpha.in/stocks/nhpc-ltd) NHPC · turning · Evidence leans up · 96% evidence 51.9 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 20.8/35 · Revenue 12% · Profit 24% · Operating margin change 6 points · 88% evidence Capital efficiency 9.1/25 · ROCE 5.8% · Operating margin 62% · 100% evidence Valuation 4.3/20 · P/E 20.6× · PEG 3.32 · 100% evidence Relative strength 17.7/20 · Lead over its industry 14.3% · Lead over NIFTY 500 5.4% · 1 year -8.4% · 100% evidence · 1 of 12 weeks ahead Exact sum: 20.8 + 9.1 + 4.3 + 17.7 = 51.9 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 10. [KPI Green Energy Ltd](https://www.sectoralpha.in/stocks/kpi-green-energy-ltd) KPIGREEN · quiet · Evidence leans up · 78% evidence 51.5 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 19.9/35 · Revenue 40% · Profit 33.2% · Operating margin change 1 points · 83% evidence Capital efficiency 17.1/25 · ROCE 13.7% · Operating margin 35% · 76% evidence Valuation 13.4/20 · P/E 12× · PEG n/a · 50% evidence Relative strength 1.1/20 · Lead over its industry -19.1% · Lead over NIFTY 500 -25.7% · 1 year -48.2% · 100% evidence · 0 of 12 weeks ahead Exact sum: 19.9 + 17.1 + 13.4 + 1.1 = 51.5 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 11. [Jaiprakash Power Ventures Ltd](https://www.sectoralpha.in/stocks/jaiprakash-power-ventures-ltd) JPPOWER · quiet · Evidence leans down · 78% evidence 48.6 out of 100 Growth Capital Valuation Relative
12. [RattanIndia Power Ltd](https://www.sectoralpha.in/stocks/rattanindia-power-ltd) RTNPOWER · basing · Evidence leans down · 66% evidence 44.9 out of 100 Growth Capital Valuation Relative
13. [CESC Ltd](https://www.sectoralpha.in/stocks/cesc-ltd) CESC · quiet · Evidence leans down · 78% evidence 44.7 out of 100 Growth Capital Valuation Relative
14. [Orient Green Power Company Ltd](https://www.sectoralpha.in/stocks/orient-green-power-company-ltd) GREENPOWER · basing · Evidence leans down · 71% evidence 44.5 out of 100 Growth Capital Valuation Relative
15. [Tata Power Company Ltd](https://www.sectoralpha.in/stocks/tata-power-company-ltd) TATAPOWER · quiet · Evidence leans down · 96% evidence 43.9 out of 100 Growth Capital Valuation Relative
16. [NLC India Ltd](https://www.sectoralpha.in/stocks/nlc-india-ltd) NLCINDIA · quiet · Evidence leans down · 78% evidence 42.2 out of 100 Growth Capital Valuation Relative
17. [Torrent Power Ltd](https://www.sectoralpha.in/stocks/torrent-power-ltd) TORNTPOWER · quiet · Evidence leans down · 78% evidence 39.8 out of 100 Growth Capital Valuation Relative
18. [India Power Corporation Ltd](https://www.sectoralpha.in/stocks/india-power-corporation-ltd) DPSCLTD · quiet · Evidence leans down · 81% evidence 38.4 out of 100 Growth Capital Valuation Relative
19. [Reliance Power Ltd](https://www.sectoralpha.in/stocks/reliance-power-ltd) RPOWER · basing · Most evidence points down · 64% evidence 28.8 out of 100 Growth Capital Valuation Relative
20. [BF Utilities Ltd](https://www.sectoralpha.in/stocks/bf-utilities-ltd) BFUTILITIE · quiet · Too little evidence to rank firmly · 53% evidence 27.2 out of 100 Growth Capital Valuation Relative
21. [Mac Charles (India) Ltd](https://www.sectoralpha.in/stocks/mac-charles-indialtd) Too little evidence to rank firmly · 32% evidence 52.3 out of 100 Growth Capital Valuation Relative

Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. 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 path the industry 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 growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read. The figures in this ranking come from the industry comparison: results through the Sep 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section. Related companies: [Power - Generation/Distribution](https://www.sectoralpha.in/sectors/power-generation-distribution), all 21 compared on one page. ## Which companies are close to SJVN in size? SJVN is the 11th largest of 21 Power - Generation/Distribution companies on Sector Alpha by market value (scores of 30 October 2026). Just above it: Torrent Power, NLC India and ACME Solar Holdings. Just below it: CESC, Jaiprakash Power Ventures and Reliance Power. ### Power - Generation/Distribution companies close in size

1. [Torrent Power Ltd](https://www.sectoralpha.in/stocks/torrent-power-ltd) ₹59,103 crore
2. [NLC India Ltd](https://www.sectoralpha.in/stocks/nlc-india-ltd) ₹31,608 crore
3. [ACME Solar Holdings Ltd](https://www.sectoralpha.in/stocks/acme-solar-holdings-ltd) ₹28,614 crore
4. SJVN Ltd ₹20,981 crore
5. [CESC Ltd](https://www.sectoralpha.in/stocks/cesc-ltd) ₹16,521 crore
6. [Jaiprakash Power Ventures Ltd](https://www.sectoralpha.in/stocks/jaiprakash-power-ventures-ltd) ₹8,718 crore
7. [Reliance Power Ltd](https://www.sectoralpha.in/stocks/reliance-power-ltd) ₹7,407 crore

[All 21 Power - Generation/Distribution companies, largest first](https://www.sectoralpha.in/sectors/power-generation-distribution#all-companies)

### Companies close in size in other industries

1. [Kaynes Technology India Ltd](https://www.sectoralpha.in/stocks/kaynes-technology-india-ltd) ₹21,047 crore · Consumer Electronics - EMS
2. [MTAR Technologies Ltd](https://www.sectoralpha.in/stocks/mtar-technologies-ltd) ₹21,033 crore · Aerospace & Defence - Equipments
3. SJVN Ltd ₹20,981 crore
4. [Grindwell Norton Ltd](https://www.sectoralpha.in/stocks/grindwell-norton-ltd) ₹20,800 crore · Abrasives & Grinding Wheels
5. [ITI Ltd](https://www.sectoralpha.in/stocks/iti-ltd) ₹20,799 crore · Telecom Services

## What else do people ask about SJVN? ### What is SJVN's share price today? SJVN Ltd's share price is ₹55.76, −36.7% over the past year. The whole company is worth ₹21,908 Cr on the market. In the last 52 weeks it traded between ₹47 to ₹85; today it is 22% of the way up from the low, 19.6% below its 200-day average (as of 3 November 2026). ### What were SJVN's latest quarterly results? SJVN Ltd reported revenue of ₹2,244 Cr and net profit of ₹658 Cr for the Sep 2026 quarter. Revenue rose 117.4% and profit rose 113.6% compared with a year earlier. Earnings per share were ₹1.67. The operating margin was 71.0%, 12.0 percentage points lower than a year earlier (as of 3 November 2026). ### What is SJVN's market cap? SJVN Ltd's market capitalisation is ₹21,908 Cr at a share price of ₹55.76. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 3 November 2026). ### How is SJVN performing? SJVN Ltd's share price has been falling for 102 weeks. In its latest quarter, revenue rose 117.4% and profit rose 113.6% compared with a year earlier. Over the past 13 weeks it has done worse than the NIFTY 500, for 24 weeks running (as of 3 November 2026). ### Will SJVN's share price go up? This page does not forecast SJVN Ltd's share price. What it shows instead: the share price is ₹55.76, and it has been falling for 102 weeks. Its P/E of 22.1× is higher than 70% of its own last 11 years (as of 3 November 2026). ### Does SJVN have too much debt? Yes, SJVN Ltd has a lot of debt: its debt is 2.27× its equity, and its operating profit is 3 times its interest bill. FY26 borrowings were ₹32,278 Cr against equity of ₹14,239 Cr. Keep that borrowing in mind when reading the returns on this page (as of 3 November 2026). ### Where is SJVN in its business cycle? SJVN Ltd's FY26 operating margin was 74.0%, against a 13-year range of 71.0% to 87.0%: the low end of its own range, which is often where recoveries start. The latest quarter was 71.0%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 3 November 2026). ### What could break the SJVN story? Biggest thing to watch: the P/E is higher than 70% of its own history, so the multiple has already done part of the work. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 3 November 2026). ### Is SJVN a stock worth studying right now? What the numbers show: SJVN Ltd's share price has fallen more than its earnings. Earnings per share fell 22.0% in a year while the price moved −36.7%. The main open question: the next one or two quarters of results. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 3 November 2026). ### Is there a SJVN share price forecast for 2026? What management itself guided: Buxar Unit 2 commercial operation planned end-May 2026. ## Lists

- Dividend stocks: https://www.sectoralpha.in/dividend-stocks-india
- Small & mid cap stocks: https://www.sectoralpha.in/small-cap-stocks-india
- Penny stocks: https://www.sectoralpha.in/penny-stocks-india
- Power & green energy stocks: https://www.sectoralpha.in/sectors/power-stocks-india

This is research, not advice. We’re not SEBI-registered.