Logo
Whalesbook
HomeNewsCorporate NewsPremiumStocks
HomeNewsCorporate NewsPremiumStocks

SJVN Ltd

₹ 83.0-1.60%
07 Jan – close price
🔗sjvn.nic.in•BSE: 533206•NSE: SJVN
Market Cap₹ 32,637 Cr.
Current Price₹ 83.0
High / Low₹ 108
Stock P/E40.8
Book Value₹ 37.6
Dividend Yield1.76 %
ROCE8.36 %
ROE6.86 %
Face Value₹ 10.0
Sales₹ 2,835 Cr.
OPM73.0 %
Mar Cap₹ 32,637 Cr.

ABOUT

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]

KEY POINTS

Business Verticalsa) Hydro Power:The company has 3 hydropower projects including Nathpa Jhakri Hydro Power Station, Rampur Hydro Power Station, and Naitwar Mori Hydro Power Station with an installed capacity of 1,972 MW. It is constructing 4 hydro projects totaling 1,558 MW.[1][2]

Also present in buckets:
Aggressive Growth TriggersExcellent ResultsRevenue GuidanceAsset Base ExpansionCapacity Expansion And ProductsRevenue Guidance Vs ActualsCredit Rating UpdatesRed Flags And Poor PerformanceRed Flags And Poor Performance

Peer Comparision

S.No.NameCurrent Price (Rs.)Price to EarningMarket Capitalization (Rs.Cr.)Dividend yield (%)Net Profit latest quarter (Rs.Cr.)YOY Quarterly profit growth (%)Sales latest quarter (Rs.Cr.)YOY Quarterly sales growth (%)Return on capital employed (%)Sales (Rs.Cr.)OPM (%)Profit after tax (Rs.Cr.)Profit after tax latest quarter (Rs.Cr.)Price to book valueReturn on assets (%)Debt to equity
1.NTPC348.8514.24338219.992.395225.30-3.9444785.820.189.95186754.3128.6423751.115066.781.764.261.33
2.Adani Green1019.2076.68168003.800.00644.00102.553008.000.108.7012221.0081.162190.88658.148.602.324.52
3.JSW Energy512.6044.2889608.020.39824.27-17.415177.4259.916.4915949.0649.552023.68704.683.082.462.37
4.NHPC Ltd83.6626.5084046.832.281219.2813.493365.2610.277.4211212.7652.983171.331021.442.043.431.09
5.NTPC Green Ene.94.07130.6279274.920.0086.38130.26612.2921.524.892419.8587.48606.9087.594.231.311.16
6.NLC India269.6514.3137383.841.11724.80-27.064178.4114.2510.5116251.4826.032612.76665.121.874.681.22
7.SJVN83.0140.7632636.701.76372.28-21.30942.03-5.288.362835.4872.96800.76372.282.213.690.70
–Median: 25 Co.128.4427.067718.070.086.380.0634.313.218.362265.0131.76187.780.072.162.360.82

Quarterly Results

Standalone figures in ₹ crores

Dec 2022Dec 2023Dec 2024Jun 2023Jun 2024Jun 2025Mar 2023Mar 2024Mar 2025Sep 2022Sep 2023Sep 2024Sep 2025
Sales
552537625665832822497462446881871995942
Expenses
170173199187217194335252210165171191164
Operating Profit
382363426477614628162210236716700804778
Other Income
189677574718575164132889692121
Profit before tax
3511771743614294171005761582570620515
Tax %
17%24%20%25%24%38%86%-8%49%23%23%24%28%
Net Profit
291135139270327259146231451441473372
EPS in Rs
0.740.340.350.690.830.660.030.160.081.151.121.200.95

Profit & Loss

Standalone Figures in ₹ Crores / Yearly

Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025TTM
Sales
1,8732,8162,4942,6792,2302,6462,7082,4912,4222,9352,5342,8972,835
Expenses
268372431480524605589621625671725773767
Operating Profit
1,6042,4432,0632,2001,7062,0412,1191,8691,7972,2641,8092,1242,069
Other Income
237309537409407392569406177325378353413
Interest
29652185510125134442226466479726863
Depreciation
475641677680365390384393404391534454452
Profit before tax
1,3382,0471,7041,8741,6481,7931,9591,8401,3431,7321,1741,2961,166
Net Profit
1,1151,6771,4071,5441,2251,3641,5571,6339781,363908970801
EPS in Rs
2.694.053.403.733.123.473.964.162.493.472.312.472.04
Dividend Payout %
36%26%32%74%67%62%56%53%68%51%78%59%–

Compounded Profit Growth

10 Years:-6%
5 Years:-7%
3 Years:-1%
TTM:-13%

Compounded Sales Growth

10 Years:0%
5 Years:1%
3 Years:6%
TTM:0%

Return on Equity

10 Years:11%
5 Years:9%
3 Years:8%
Last Year:7%

Stock Price CAGR

10 Years:10%
5 Years:25%
3 Years:34%
1 Year:-20%

Balance Sheet

Standalone figures in ₹ crores

Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Sep 2025
Equity Capital
4,1374,1374,1374,1373,9303,9303,9303,9303,9303,9303,9303,9303,930
Reserves
4,9146,0667,1617,3476,7657,3098,1058,8329,1999,89210,10010,35210,855
Borrowings
2,4572,6212,6462,4162,2312,1552,2362,1735,5337,1529,61410,51910,382
Other Liabilities
2,0501,7711,4361,4771,4401,5271,5061,9292,1192,1562,0942,0852,184
Total Liabilities
13,55814,59415,38015,37714,36614,92115,77616,86420,78123,13025,73826,88727,350
Fixed Assets
5,6699,0528,4127,9807,6417,6857,5717,4987,3127,1027,9827,9808,055
Gross Block
9,21613,22113,2589,3419,3679,80110,07510,38410,60110,74712,16812,617–
Accumulated Depreciation
3,5474,1694,8461,3611,7272,1162,5042,8853,2893,6444,1864,637–
CWIP
3,9262533414426427659451,2072,2273,0292,7363,3633,366
Investments
5114705898631,2921,9733,4624,9225,9317,9318,8819,166
Other Assets
3,9585,2786,1566,3665,2195,1785,2884,6966,3207,0687,0896,6636,764
Total Assets
13,55814,59415,38015,37714,36614,92115,77616,86420,78123,13025,73826,88727,350

Cash Flows

Standalone Figures in ₹ Crores / Yearly

Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Cash from Operating Activity
1,1541,4822,2082,2931,5641,0401,9992,0111,6501,5831,1392,187
Cash from Investing Activity
-753-277-772-1,11695-58-440-1,228-4,259-1,812-2,171-1,731
Cash from Financing Activity
-408-764-705-1,621-2,272-1,107-1,345-1,0422,3293521,456-673
Net Cash Flow
-7441731-444-613-125213-260-279123425-216

Ratios

Standalone Figures in ₹ Crores / Yearly

Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Debtor Days
731951478447381007787348867
Inventory Days
––––––––––––
Days Payable
––––––––––––
Cash Conversion Cycle
731951478447381007787348867
Working Capital Days
-41123134646657414-108-3747-7
ROCE %
12%18%13%14%13%16%15%15%10%11%7%8%

Shareholding Pattern

Numbers in percentages

Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
Promoters
86.77%86.77%86.77%81.85%81.85%81.85%81.85%81.85%81.85%81.85%81.85%81.85%81.85%
FIIs
2.31%1.75%1.40%0.91%1.68%2.36%2.40%2.39%2.42%2.49%2.52%2.55%2.69%
DIIs
3.81%4.06%4.32%5.74%5.97%3.36%3.94%4.29%4.10%4.20%4.10%4.32%3.99%
Public
7.11%7.41%7.50%11.51%10.51%12.42%11.83%11.48%11.63%11.46%11.54%11.27%11.47%

* The classifications might have changed from Sep'2022 onwards.ℹ️

BSE Announcements AI Summary

Direct from BSE filings, auto-summarised

SJVN Achieves Major Energy Generation Milestones in FY 2025-26

1st April 2026, 10:55 pm

SJVN's Rampur Hydro Station Sets New Generation Record, Achieves FY Target Early

27th March 2026, 10:25 pm

SJVN Limited Enters Tripartite Agreement for RTA Services

25th March 2026, 4:50 pm

SJVN to close trading window from April 1, 2026, till 48 hours post-results

25th March 2026, 4:41 pm

SJVN Achieves 1 Billion Units Generation Milestone at 1000 MW Bikaner Solar Project

19th March 2026, 11:43 pm

Published by Other Websites

External media mentions & references

SJVN Appoints Parthajit De Finance Director from March 2026

19th March 2026, 4:14 pm

Cabinet Approves ₹2,585 Crore for Small Hydropower Development

18th March 2026, 4:21 pm

Midcap Power Stocks Beat Giants: 40%+ Margins, Solid Dividends

18th March 2026, 6:50 am

ACME Solar Seals 25-Year SJVN Deal, Battery Storage Expansion Powers Stock Gain

12th March 2026, 2:11 pm

ACME Solar Bags 450MW Battery Storage Deal from SJVN

12th March 2026, 1:32 pm

News Articles

Editorial & research coverage

Corporate Action Surge: 50+ Firms Eye Shareholder Payouts Amid Market Wobble
Corporate Action Surge: 50+ Firms Eye Shareholder Payouts Amid Market Wobble

13th February 2026, 1:31 pm

SJVN Stock Surges on Q3 Profit Jump; Execution Risks Loom
SJVN Stock Surges on Q3 Profit Jump; Execution Risks Loom

12th February 2026, 12:01 pm

Breakouts Hold Ground Amidst Sectoral Divergence
Breakouts Hold Ground Amidst Sectoral Divergence

11th February 2026, 5:52 pm

FedBank Surges on Fitch Upgrade; NSDL Glitch, Commodity Slump Emerge
FedBank Surges on Fitch Upgrade; NSDL Glitch, Commodity Slump Emerge

6th February 2026, 8:14 am

SJVN Stock Tumbles as Profit Declines Amidst High Debt
SJVN Stock Tumbles as Profit Declines Amidst High Debt

29th January 2026, 12:19 pm

Documents

Announcements

Regulation 30 - Clarification On Increase In Volume

2d - Clarification (05/01/2026): no material information; increased share volume due to market conditions.

Clarification sought from SJVN Ltd

2d - Exchange has sought clarification from SJVN Ltd on January 5, 2026, with reference to Movement in Volume.

Announcement under Regulation 30 (LODR)-Newspaper Publication
SJVN Achieves COD Of 1,000 MW Bikaner Solar Power Project In Rajasthan

24 Dec - SJVN Green Energy achieves COD of 1,000 MW Bikaner solar; ₹5,492 crore, 2,454.55 MU first-year, ₹2.57/unit.

Closure of Trading Window

Annual Reports

Financial Year 2025

(from bse)

Financial Year 2024

(from bse)

Financial Year 2023

(from bse)

Financial Year 2022

(from bse)

Financial Year 2021

(from bse)

Financial Year 2020

(from bse)

Financial Year 2019

(from bse)

Financial Year 2018

(from bse)

Financial Year 2017

(from bse)

Financial Year 2016

(from bse)

Financial Year 2015

(from bse)

Financial Year 2014

(from bse)

Financial Year 2013

(from bse)

Financial Year 2012

(from bse)

Financial Year 2011

(from nse)

Credit Ratings

Rating update

20 Nov 2025 from care

Rating update

4 Sep 2025 from fitch

Rating update

11 Aug 2025 from crisil

Rating update

9 Sep 2024 from care

Rating update

5 Sep 2024 from fitch

Rating update

14 Aug 2024 from crisil

Concalls

Nov 2025

Transcript

Jun 2025

Transcript

Apr 2025

PPT

Feb 2025

Transcript

Nov 2024

Transcript

Nov 2024

Transcript

Aug 2024

TranscriptRecording

May 2024

Transcript

Feb 2024

Transcript

Nov 2023

Transcript

Aug 2023

Transcript

Jun 2023

TranscriptPPT

Feb 2023

Transcript

Nov 2022

Transcript

Aug 2022

Transcript

May 2022

Transcript

Feb 2022

Transcript

Nov 2021

Transcript

Aug 2021

Transcript

Jul 2021

Transcript

Feb 2021

Transcript

Nov 2020

Transcript

Sep 2020

Transcript

Jun 2019

Transcript

Jun 2017

Transcript

Dec 2016

Transcript

Stock Analysis

Description

  1. SJVN Limited (formerly Satluj Jal Vidyut Nigam) is a Mini-Ratna Category-I and Schedule 'A' Public Sector Undertaking, established in 1988. It is primarily engaged in the business of electricity generation through hydropower projects and provides consultancy services for hydro-power projects. The company was granted 'Navratna' status in August 2024.

Key Growth Triggers

  1. Currently no data available for Key Growth Triggers.

Order Book

  1. Currently no data available for Order Book.

Key Red Flags

  1. Currently no data available for Key Red Flags.

Key Dates To Watch

  1. Currently no data available for Key Dates To Watch.

Corporate Announcements

1st Apr 26
Impact Rating: 7
SJVN announced impressive energy generation performance for FY 2025-26, totaling 13302 million units. Notable milestones include Nathpa Jhakri's second-highest generation and Rampur's highest-ever output.
27th Mar 26
Impact Rating: 6
SJVN announced its 412 MW Rampur Hydro Power Station has surpassed its highest-ever generation record from FY 2019-20, and remarkably achieved its Design Energy target for FY 2025-26 well ahead of schedule.
25th Mar 26
Impact Rating: 4
SJVN Limited has entered into a tripartite agreement on March 20, 2026, formalizing a change in its registrar and transfer agent (RTA) services from Alankit Assignments Limited to MAS Services Limited.
25th Mar 26
Impact Rating: 5
SJVN Limited announced the closure of its trading window from April 1, 2026, until 48 hours after its financial results for the quarter and year ending March 31, 2026, are declared, adhering to SEBI regulations.
19th Mar 26
Impact Rating: 9
SJVN Limited's 1000 MW Bikaner Solar Power Project, implemented by its subsidiary SGEL, successfully generated 1 Billion Units of energy by March 20, 2026, showcasing operational efficiency.