Saatvik Green Energy (SAATVIKGL) Q4 24/25 earnings summary

Executive summary

• Consolidated revenue for FY25 reached INR 21,924.65 million, up 98.39% year-over-year; standalone revenue was INR 20,333.51 million, up 84.84% year-over-year.

• Consolidated net profit for FY25 was INR 2,139.30 million, a 112.92% increase year-over-year; standalone net profit was INR 1,570.21 million, up 56.57% year-over-year.

• The company completed a major corporate restructuring, converting from a private to a public limited company and filed a Draft Red Herring Prospectus for an IPO.

Financial highlights

• Standalone EBITDA for FY25 was INR 2,496.53 million, up from INR 1,587.9 million in FY24; consolidated EBITDA was INR 3,539.32 million, up from INR 1,568.44 million.

• Standalone EPS for FY25 was INR 14.01 (basic), up from INR 8.95 in FY24; consolidated EPS was INR 19.09 (basic), up from INR 8.96.

• Total assets increased to INR 8,150.33 million (standalone) and INR 16,357.44 million (consolidated) as of March 31, 2025.

• Debt-equity ratio improved to 0.57 (standalone) and 1.49 (consolidated) as of March 31, 2025.

Outlook and guidance

• The company is expanding manufacturing capacity with a proposed 4 GW solar PV module facility in Odisha, funded partly by IPO proceeds.

• No dividend was declared for FY25 to conserve resources for growth and investment.