SJVN Ltd

    SJVN
    Energy
    ₹47.40
    Price as of 25 Oct 2026, 10:28 pm IST

    Market cap ₹18,627 Cr

    P/E
    29.26
    Day range
    ₹46.08 – ₹48.31
    52-week range
    ₹46.08 – ₹90.14
    Volume
    58.84 L
    Open
    ₹48.25
    Prev close
    ₹48.25

    Latest results · Q1 FY27(consolidated)Revenue ₹1,394 Cr+52.0%Profit ₹225 Cr-1.2%Margin 16.1%YoY vs the same quarter last year

    No red flags in exchange filings: no rising pledge, promoter selling, surveillance or critical filing on record.

    Research profile

    Composite 31 / 100

    Factor percentiles

    Value49
    Quality34
    Momentum5
    Low volatility38

    Derived metrics

    Earn. yield
    3.4%
    Graham no.
    ₹36.42
    vs Graham
    -23.2%
    ROE ÷ P/B
    3.5%
    12-1 mom.
    -28.7%
    Return / vol
    -1.50
    Magic Formula
    #498
    Piotroski
    3/6
    FCF yield
    -20.6%

    Percentiles rank this stock against the other tracked stocks and change as they do. Scans describe where figures sit today. Hover a label for its definition. Not investment advice.

    Peer comparison

    All 48 in Energy
    Largest Energy companies tracked, with sector medians
    CompanyM-capP/EP/BROEROCEOPMD/ESales YoY
    Reliance IndustriesRELIANCE₹16.10 L Cr21.551.7811.0%10.0%15.0%0.45+27.0%
    Adani PowerADANIPOWER₹3.51 L Cr19.265.4921.4%17.0%42.0%0.84+34.0%
    NTPCNTPC₹2.89 L Cr10.411.4214.2%9.0%32.0%1.33+7.8%
    Oil & Natural Gas CorpONGC₹2.86 L Cr6.580.7713.9%14.0%8.0%0.47+25.7%
    Coal IndiaCOALINDIA₹2.45 L Cr7.852.0928.1%35.0%26.0%0.12+7.8%
    Power Grid CorpPOWERGRID₹2.30 L Cr14.472.2916.5%9.0%82.0%1.47+2.7%
    Adani Green EnergyADANIGREEN₹1.95 L Cr107.749.5412.4%7.0%89.0%5.48+41.6%
    SJVN LtdSJVN₹18,627 Cr29.261.314.5%6.0%61.0%2.27+52.0%
    Sector median₹38,531 Cr18.141.8913.8%11.5%26.0%0.77+20.7%

    Sector as classified in the tracked universe; medians use every tracked Energy company, and P/E only profitable ones. Tinted figures beat the median.

    Latest news

    Updated 6d ago

    Headlines about SJVN Ltd from the last two weeks in the financial press. Stories belong to their publishers; Parasram India does not endorse them.

    Key metrics

    P/E (TTM)
    29.1
    EPS (TTM)
    ₹1.62
    Price / Book
    1.31
    ROE (FY26)
    4.5%
    ROCE (latest year)
    6%
    Dividend yield
    3.16%

    Moving averages (NSE)

    20-day
    ₹55.75
    Price below
    50-day
    ₹61.55
    Price below
    200-day
    ₹70.28
    Price below

    Charts & trends

    From company filings. Amounts in ₹ crore.

    Revenue 3Y CAGR
    +15.5%
    Profit 3Y CAGR
    -22.1%
    Revenue YoY (Jun 2026)
    +52.0%
    Profit YoY (Jun 2026)
    -1.3%
    Operating margin
    61.0%
    Net margin
    16.1%

    Revenue, profit & margin - quarterly

    ₹ crore; a loss shows red. Operating margin below, same periods.

    -500 Cr0 Cr500 Cr1K Cr1.5K Cr
    • Revenue
    • Net profit

    Operating margin

    Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Jun 20260%45%90%

    Who owns the company

    % of equity by quarter, latest Sept 2026

    Dec '24Mar '25Jun '25Sept '25Dec '25Mar '26Jun '26Sept '260%25%50%75%100%
    • Promoter
    • Public
    • DII
    • FII

    Cash flows

    Where cash came from and went, by fiscal year (₹ crore)

    Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026-10K Cr-5K Cr0 Cr5K Cr10K Cr
    • Operating
    • Investing
    • Financing
    • Free cash flow

    Return on equity

    Net profit over shareholders' equity, by fiscal year

    FY17FY18FY19FY20FY21FY22FY23FY24FY25FY260%5%10%15%15% screen

    Equity vs debt

    Shareholders' equity against borrowings (₹ crore); the ratio below, same years.

    0 Cr10K Cr20K Cr30K Cr40K Cr
    • Equity
    • Debt

    Debt to equity

    Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 20260x2x4x

    Dividends per share

    ₹ by fiscal year of the ex-date; the latest year runs to date.

    FY19FY20FY21FY22FY23FY24FY25FY26₹0₹1₹2₹3

    Financial statements

    ₹ Crore
    Quarterly results, oldest period first, figures in rupees crore
    Line itemSep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
    Sales8785434838701,0266715049171,0321,0821,4961,394
    Expenses172175256224198207264211172309587545
    Operating Profit706368227646828464241707860773910850
    OPM %80%68%47%74%81%69%48%77%83%71%61%61%
    Other Income8949195899291525479446035
    Interest124122121143198229159216315245522326
    Depreciation102112242131133137275160171216494247
    Profit before tax56918358462590189-142385453357-47311
    Tax %23%24%-5%23%25%21%-10%41%32%37%153%28%
    Net Profit44013961357440149-128228308224-118225
    EPS in Rs₹1.12₹0.35₹0.16₹0.91₹1.12₹0.38₹-0.32₹0.58₹0.78₹0.57₹-0.30₹0.57

    From company filings, updated 24 Oct 2026. Consolidated figures where the company reports them. Information only, not investment advice.

    Working-capital cycle

    Debtor Days162

    +85 days since Mar 2021

    Cash Conversion Cycle162

    +85 days since Mar 2021

    Working Capital Days-467

    -421 days since Mar 2021

    Strengths, risks & growth

    SJVN(Satluj Jal Vidyut Nigam) is engaged in the business of Electricity generation. The company is also engaged in the business of providing consultancy for hydro-power projects. SJVN was declared Navaratna status in Aug,24. [1]

    Strengths

    • Company is expected to give good quarter
    • Company has been maintaining a healthy dividend payout of 79.8%

    Risks

    • Company has low interest coverage ratio.
    • Company has a low return on equity of 5.43% over last 3 years.
    • Company might be capitalizing the interest cost
    • Company has high debtors of 162 days.

    Compounded Sales Growth

    10 Years
    +6%
    5 Years
    +13%
    3 Years
    +16%
    TTM
    +60%

    Compounded Profit Growth

    10 Years
    -7%
    5 Years
    -19%
    3 Years
    -22%
    TTM
    -7%

    Stock Price CAGR

    10 Years
    +4%
    5 Years
    +11%
    3 Years
    -11%
    1 Year
    -47%

    Return on Equity

    10 Years
    +10%
    5 Years
    +7%
    3 Years
    +5%
    Last Year
    +5%

    Strengths and risks are a machine-generated checklist, not advice; growth is compounded annually over each period.

    Shareholding pattern

    Percentage of shares held by each category at each quarter end
    HolderDec 2025Mar 2026Jun 2026Sept 2026Change
    Promoter81.85%81.85%81.85%81.85%0.00 pp
    FII2.69%2.75%2.79%2.65%-0.14 pp
    DII3.99%3.74%3.74%3.79%+0.05 pp
    Public11.47%11.65%11.62%11.70%+0.08 pp

    Filed with NSE for Sept 2026: promoters 81.85%, public 18.15% · XBRL filing

    Analysts & fund holdings

    50%
    50% recommend buy
    2 analysts cover the stock
    Valuation vs Independent Power and Renewable Electricity Producers
    P/E29.3 vs 24.7
    Sector P/B2.72
    Beta1.37

    Who holds the shares, quarter by quarter

    Mutual funds 0.92% (+0.08 pp)
    Jun 25
    Sept 25
    Dec 25
    Mar 26
    Jun 26
    Sept 26
    • Promoters81.8%
    • Foreign institutions2.7%
    • Mutual funds0.9%
    • Insurance2.9%
    • Other domestic institutions0.0%
    • Retail9.2%
    • Others2.5%
    Mutual funds holding the most
    Fund% of company% of fund3-month change
    ICICI Pru Energy Opportunities Fund0.02%0.05%+0.05 pp
    Nippon India Nifty 500 Equal Weight Index Fund0.00%0.20%-0.01 pp
    JioBlackRock Nifty Smallcap 250 Index Fund0.00%0.19%+0.19 pp
    Motilal Oswal BSE Clean Environment Index Fund0.00%1.16%-0.18 pp
    Groww Nifty Smallcap 250 Index Fund0.00%0.19%+0.19 pp

    Scorecard

    Performance
    Low
    Valuation
    High
    Growth
    Low
    Profitability
    High
    Entry point
    Good
    Red flags
    Low

    Analyst coverage, holdings and scorecard from market data; not a recommendation by Parasram India.

    Risk & trend

    From 275 daily sessions to 23 Oct 2026.

    Computed

    Risk

    Volatility (1Y)
    31.0%
    Downside volatility
    28.5%
    Worst 5% of days
    3.5%
    Average of that tail
    4.2%
    Max drawdown (1Y)
    49.8%
    Below its peak
    49.8%

    Against the market

    Beta vs Nifty 50
    1.20
    Correlation
    0.51
    Relative strength (3M)
    -24.6%
    ATR (14)
    3.8%

    Return

    Return 1M
    -24.9%
    Return 3M
    -30.0%
    Return 6M
    -41.4%
    Return 1Y
    -46.5%
    vs 200-day average
    -32.6%

    Momentum

    RSI (14) · oversold
    16.7
    MACD histogram
    -0.71
    Stochastic %K
    10.6
    ADX (14)
    53.9
    +DI / −DI
    6.6 / 49.6
    Money flow index
    12.6

    Participation

    Delivery (20d avg)
    46.6%
    vs its 60-day baseline
    -2.3 pts
    Volume vs 20-day
    +0.3σ
    Close vs day's VWAP
    +0.9%
    52-week position
    0 / 100

    These describe what this stock's price has already done. They are not forecasts, signals or recommendations, and a dash means the figure was withheld for want of enough history rather than being zero.

    Financial quality

    From consolidated statements to 31 Mar 2026.

    Computed

    Piotroski F-Score

    3 of 6 tested

    • Return on assets positive — failed
    • Operating cash flow positive — not testableno cash flow statement for this period
    • Return on assets improving — passed
    • Cash flow exceeds profit — not testableneeds cash flow and profit against assets
    • Debt to assets falling — failed
    • Current ratio improving — failed
    • No new equity issued — not testableno share count is collected, and financing cash flow mixes equity with debt
    • Operating margin improving — passed
    • Asset turnover improving — passed
    Free cash flow
    -₹3,839 Cr
    FCF yield
    -20.6%
    Cash conversion
    2.90
    Accruals ratio
    -0.024
    Net debt
    ₹31,178 Cr
    Net debt / equity
    2.19
    EV / sales
    9.95
    Capex intensity
    125.9%
    Revenue CAGR
    196.7%

    Computed from filed statements, not filed themselves. A dash means an input was absent, and the score counts only the criteria that could actually be tested.

    Corporate actions

    • dividend
      Not available — not reported in this filing

      Dividend - Re 0.35 Per Share

      24 Aug 2026
      ex-date
    • dividend
      ₹1.15

      Interim Dividend - Rs 1.15 Per Share

      20 Feb 2026
      ex-date
    • dividend
      Not available — not reported in this filing

      Dividend - Re 0.31 Per Share

      18 Sept 2025
      ex-date
    • dividend
      ₹1.15

      Interim Dividend - Rs 1.15 Per Share

      21 Feb 2025
      ex-date
    • dividend
      Not available — not reported in this filing

      Annual General Meeting/Dividend - Re 0.65 Per Share

      12 Sept 2024
      ex-date
    • dividend
      ₹1.15

      Interim Dividend - Rs 1.15 Per Share

      21 Feb 2024
      ex-date
    • dividend
      Not available — not reported in this filing

      Annual General Meeting/Dividend - Re 0.62 Per Share

      21 Sept 2023
      ex-date
    • dividend
      ₹1.15

      Interim Dividend - Rs 1.15 Per Share

      17 Feb 2023
      ex-date
    • dividend
      Not available — not reported in this filing

      Annual General Meeting/Dividend - Re 0.55 Per Share

      21 Sept 2022
      ex-date
    • dividend
      ₹1.15

      Interim Dividend - Rs 1.15 Per Share

      21 Feb 2022
      ex-date
    • dividend
      ₹0.40

      Annual General Meeting/Dividend - Rs 0.40 Per Share

      21 Sept 2021
      ex-date
    • dividend
      ₹1.80

      Interim Dividend - Rs 1.80 Per Share

      23 Feb 2021
      ex-date
    • dividend
      ₹0.50

      Annual General Meeting/Dividend - Rs 0.50 Per Share

      21 Sept 2020
      ex-date
    • dividend
      ₹1.70

      Interim Dividend - Rs 1.70 Per Share

      25 Feb 2020
      ex-date
    • dividend
      ₹0.65

      Annual General Meeting/Dividend - Rs 0.65 Per Share

      19 Sept 2019
      ex-date
    • dividend
      ₹1.50

      Interim Dividend - Rs 1.50 Per Share

      18 Feb 2019
      ex-date
    • dividend
      Not available — not reported in this filing

      Annual General Meeting/Dividend Re 0.20 Per Share

      17 Sept 2018
      ex-date
    • dividend
      ₹1.90

      Interim Dividend - Rs 1.90 Per Share

      21 Feb 2018
      ex-date
    • buyback
      Not available — not reported in this filing

      Buyback

      17 Jan 2018
      ex-date
    • dividend
      Not available — not reported in this filing

      Annual General Meeting/Dividend - Re 0.50 Per Share

      14 Sept 2017
      ex-date

    Company announcements

    Company Update
    Announcement under Regulation 30 (LODR)-Change in Directorate

    Appointment of Government of Himachal Pradesh Nominee Director

    Company Update
    Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018

    Enclosed

    AGM/EGMPrice-sensitive
    Shareholder Meeting / Postal Ballot-Outcome of AGM

    Minutes of 38th AGM held on 31.08.2026

    Insider Trading / SAST
    Closure of Trading Window

    Enclosed

    Company Update
    Board Comments On Fine Levied By The Exchanges

    Enclosed

    Company Update
    Commercial Operation Of Unit-II (660 MW) Of Company'S Buxar Thermal Power Project

    Enclosed

    Company Update
    Announcement under Regulation 30 (LODR)-Change in Directorate

    Extension of Additional Charge of Chairman & Managing Director

    AGM/EGMPrice-sensitive
    Shareholder Meeting / Postal Ballot-Scrutinizer's Report

    Voting Results of 38th AGM of the Company held on August 31, 2026, along with the Scrutinizer's Report

    Company Update
    Announcement under Regulation 30 (LODR)-Press Release / Media Release

    Successful Completion of 72-Hour Trial Run of 660 MW Unit-2 of 1,320 MW Buxar Thermal Power Project in Bihar

    AGM/EGMPrice-sensitive
    Shareholder Meeting / Postal Ballot-Outcome of AGM

    Proceedings of 38th Annual General Meeting of SJVN Limited held on August 31, 2026

    Company Update
    Intimation Of Notices Received From The Stock Exchanges Under Regulation 30 Of The SEBI Listing Regulations

    Enclosed

    Company Update
    Announcement under Regulation 30 (LODR)-Press Release / Media Release (Revised)

    SJVN Achieves COD of 75 MW Jamui Solar Power Project in Bihar

    Company Update
    Announcement under Regulation 30 (LODR)-Press Release / Media Release

    SJVN achieves COD of 75 MW Jamui Solar Power Project in Bihar

    Company Update
    Newspaper Advertisement For 'Notice Of Annual General Meeting, Remote E-Voting And Record Date'

    Enclosed

    Corp. Action
    Record Date For Final Dividend For FY 2025-26

    Enclosed

    Filed with BSE (scrip 533206); the last 45 days. Documents open at bseindia.com.

    SEBI filings & orders

    From SEBI's website. An order may concern the company, its officers or trading in its shares, and may be under appeal - read the order itself. Personal identifiers are withheld.

    Buybacks, open offers & rights issues

    • Buyback - Post Buyback Public Announcement

      SJVN LIMITED - Post Buyback Public Announcement

      19 Mar 2018
      Read on SEBI
    • Buyback - Letter of Offer

      SJVN Limited - Letter of Offer

      14 Feb 2018
      Read on SEBI
    • Buyback - Draft Letter of Offer

      SJVN Limited - Draft Letter of Offer

      19 Jan 2018
      Read on SEBI
    • Buyback - Public Announcement

      SJVN Limited - Public Announcement

      17 Jan 2018
      Read on SEBI

    Documents

    Earnings calls

    Credit ratings

    Documents open at BSE or the rating agency that issued them.

    Sourced from the company's NSE XBRL filing dated 31 Jul 2026 (unaudited). View the source filing. Figures are as filed and are not investment advice.

    FAQ

    SJVN Ltd: common questions

    Answered from the figures on this page.

    SJVN Ltd last traded at ₹47.40 (NSE, as of 25 Oct 2026). The last session moved it down 1.76%.

    SJVN Ltd is valued at about ₹18,627 crore (NSE, as of 25 Oct 2026).

    SJVN Ltd trades at a price-to-earnings ratio of 29.26 (NSE, as of 25 Oct 2026). The P/E compares the share price with earnings per share, so it is only comparable between companies in the same industry.

    SJVN Ltd has traded between ₹46.08 and ₹90.14 over the past 52 weeks, to 25 Oct 2026. It is currently 3% of the way up that range.

    SJVN Ltd (SJVN) is classified under Energy on this site's screener.