
Power
Valuation | |
|---|---|
| Market Cap | 28.49 kCr |
| Price/Earnings (Trailing) | 51.06 |
| Price/Sales (Trailing) | 8.48 |
| EV/EBITDA | 22.45 |
| Price/Free Cashflow | -8.35 |
| MarketCap/EBT | 32.22 |
| Enterprise Value | 57.04 kCr |
Fundamentals | |
|---|---|
Growth & Returns | |
|---|---|
| Price Change 1W | 2.3% |
| Price Change 1M | -3% |
| Price Change 6M | -21.5% |
| Price Change 1Y | -23.4% |
| 3Y Cumulative Return | 28.7% |
| 5Y Cumulative Return | 23.8% |
| 7Y Cumulative Return | 16.5% |
| 10Y Cumulative Return | 9.5% |
| Revenue (TTM) |
| 3.36 kCr |
| Rev. Growth (Yr) | -2.7% |
| Earnings (TTM) | 556.41 Cr |
| Earnings Growth (Yr) | -30% |
Profitability | |
|---|---|
| Operating Margin | 26% |
| EBT Margin | 26% |
| Return on Equity | 3.81% |
| Return on Assets | 1.14% |
| Free Cashflow Yield | -11.97% |
Cash Flow & Liquidity |
|---|
| Cash Flow from Investing (TTM) | -6.43 kCr |
| Cash Flow from Operations (TTM) | 2.48 kCr |
| Cash Flow from Financing (TTM) | 3.94 kCr |
| Cash & Equivalents | 917.04 Cr |
| Free Cash Flow (TTM) | -4.19 kCr |
| Free Cash Flow/Share (TTM) | -10.65 |
Balance Sheet | |
|---|---|
| Total Assets | 48.81 kCr |
| Total Liabilities | 34.22 kCr |
| Shareholder Equity | 14.6 kCr |
| Current Assets | 4.55 kCr |
| Current Liabilities | 7.04 kCr |
| Net PPE | 15.5 kCr |
| Inventory | 80.58 Cr |
| Goodwill | 0.00 |
Capital Structure & Leverage | |
|---|---|
| Debt Ratio | 0.6 |
| Debt/Equity | 2.02 |
| Interest Coverage | -0.03 |
| Interest/Cashflow Ops | 4.12 |
Dividend & Shareholder Returns | |
|---|---|
| Dividend/Share (TTM) | 1.46 |
| Dividend Yield | 2.01% |
| Shares Dilution (1Y) | 0.00% |
| Shares Dilution (3Y) | 0.00% |
Buy Backs: Company has bought back it's stock in the past which is a good thing.
Past Returns: Outperforming stock! In past three years, the stock has provided 28.7% return compared to 12.8% by NIFTY 50.
Profitability: Very strong Profitability. One year profit margin are 17%.
Size: Market Cap wise it is among the top 20% companies of india.
Dividend: Dividend paying stock. Dividend yield of 2.01%.
Balance Sheet: Reasonably good balance sheet.
Technicals: SharesGuru indicator is Bearish.
Smart Money: Smart money is losing interest in the stock.
Insider Trading: Significant insider selling noticed recently.
Buy Backs: Company has bought back it's stock in the past which is a good thing.
Past Returns: Outperforming stock! In past three years, the stock has provided 28.7% return compared to 12.8% by NIFTY 50.
Profitability: Very strong Profitability. One year profit margin are 17%.
Size: Market Cap wise it is among the top 20% companies of india.
Dividend: Dividend paying stock. Dividend yield of 2.01%.
Balance Sheet: Reasonably good balance sheet.
Technicals: SharesGuru indicator is Bearish.
Smart Money: Smart money is losing interest in the stock.
Insider Trading: Significant insider selling noticed recently.
Investor Care | |
|---|---|
| Dividend Yield | 2.01% |
| Dividend/Share (TTM) | 1.46 |
| Shares Dilution (1Y) | 0.00% |
| Earnings/Share (TTM) | 1.42 |
Financial Health | |
|---|---|
| Current Ratio | 0.65 |
| Debt/Equity | 2.02 |
Technical Indicators | |
|---|---|
| RSI (14d) | 35.65 |
| RSI (5d) | 49.86 |
| RSI (21d) | 47.31 |
| MACD Signal | Sell |
| Stochastic Oscillator Signal | Hold |
| SharesGuru Signal | Sell |
| RSI Signal | Hold |
| RSI5 Signal | Hold |
| RSI21 Signal | Hold |
| SMA 5 Signal | Buy |
| SMA 10 Signal |
Updated May 5, 2025
SJVN is currently trading 2.79% lower at Rs 94.07, with a yearly decline of 9.94% and a 5-day decline of 5.98%.
The stock's TTM P/E ratio stands at 40.81, significantly higher than the sector average of 12.04.
Among analysts, only one has given SJVN a strong buy rating, while there are no buy or sell ratings.
Summary of SJVN's latest earnings call, featuring management's outlook on business performance, financial results, and analyst Q&A sessions that highlight key strategic initiatives and market challenges.
Management projected a strong outlook for SJVN Limited, focusing on significant milestones achieved in FY26. Key highlights include the inauguration of Unit 1 (60 MW) at the Buxar Thermal Power Project, set to generate approximately 9,826.72 million units annually. The company plans to declare this unit commercially operational shortly, with Unit 2 expected to follow suit by January or February 2026.
For the current financial year, total generation from all power stations reached 9,442 million units, an increase of about 562 million units or 6.3% year-over-year, largely due to the commissioning of the Bikaner Solar Power Project. The company has also successfully achieved milestone completions across various projects, including the progress of 680 MW capacity under the Bikaner solar project and a new 200 MW solar project in Gujarat, expected to generate 505 million units in its first year.
In terms of earnings, SJVN anticipates a capital expenditure (capex) of INR 7,500 crore for FY26, with guidance of around INR 8,000 crore for FY27, maintaining a consistent expenditure level in the coming years. They confirmed the signing of Power Purchase Agreements (PPAs) with Uttar Pradesh for various projects, including the 900 MW Arun-III and the 210 MW Luhri Stage-I projects.
Forward-looking points also include the company's commitment to achieving an ambitious 500 GW renewable energy target by 2030, with tenders floated totaling 19.8 GW and letters of award issued for 13.74 GW. The company aims to fulfill its role in the PM-Surya Ghar initiative, providing free electricity to 1 crore households.
Overall, management expressed confidence in the growth trajectory of SJVN, citing ongoing and planned projects that will bolster capacity and revenue, while also ensuring sound financial management and debt servicing capabilities.
Understand SJVN ownership landscape with insights into key distribution patterns, offering investors a clear view of stakeholder dynamics.
| Shareholder Name | Holding % |
|---|---|
| President of India | 55% |
| Governor of Himachal Pradesh | 26.85% |
| Life Insurance Corporation of India | 2.76% |
| Foreign Portfolio Investor (Individual) | 0% |
Distribution across major stakeholders
Detailed comparison of SJVN against industry peers, highlighting key financial metrics, valuation ratios, and performance indicators to provide competitive context within the sector.
Ticker | Name | Mkt Cap | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
|---|---|---|---|---|---|---|---|---|---|
| NTPC | NTPC | 3.45 LCr | 1.9 LCr | +8.00% | +10.20% | 14.27 | 1.81 | - | - |
| POWERGRID | POWER GRID Corp OF INDIA | 2.39 LCr | 48.3 kCr |
Comprehensive comparison against sector averages
SJVN metrics compared to Power
| Category | SJVN | Power |
|---|---|---|
| PE | 51.06 | 19.21 |
| PS | 8.48 | 2.69 |
| Growth | 3.4 % | 5.1 % |
SJVN is a prominent Power Generation company based in Shimla, India, with the stock ticker SJVN. The company boasts a market capitalization of Rs. 38,516 Crores and has established a strong foothold in the energy sector, engaging in the generation and sale of electricity both domestically and internationally.
In its diverse portfolio, SJVN is involved in multiple forms of energy production, including thermal power, hydro power, wind power, solar power, and power transmission. The company's significant power generation facilities include:
Additionally, SJVN operates wind power projects such as the Khirvire Wind Power Project (47.6 MW) in Maharashtra and the Sadla Wind Power Project (50 MW) in Gujarat. It also manages several solar power plants, including the Charanka Solar Power Plant (5.6 MW) in Gujarat and the Parasan Solar Power Station (75 MW) in Uttar Pradesh.
SJVN further extends its services by offering consultancy in the fields of hydroelectric projects and infrastructure, handling contracts, project management, and power trading.
Founded in 1988 and originally known as Satluj Jal Vidyut Nigam Limited, the company rebranded to SJVN Limited in September 2009. In the last 12 months, SJVN reported a revenue of Rs. 3,400.9 Crores and achieved a noteworthy profit of Rs. 1,006.8 Crores. The company has been profitable and distributes dividends with a yield of 1.84% per year, returning Rs. 1.8 dividend per share to its investors.
With a healthy revenue growth of 2.3% over the past three years, SJVN stands as a significant player in the energy generation sector in India.
This is an informational page just to provide a quick 'first look' at the stock. You must do your own deeper research. Know your risk appetite. Consult a SEBI-registered financial advisor before making any investment decisions.
| Sell |
| SMA 20 Signal | Sell |
| SMA 50 Signal | Sell |
| SMA 100 Signal | Sell |
SJVN vs Power (2021 - 2026)
SJVN Ltd. closed up 1.42% during Monday's trading session, contributing to the overall positive performance in the power sector.
Change in Directorate • 30 Jan 2026 Enclosed |
Change in Management • 30 Jan 2026 Enclosed |
Allotment of Warrants • 23 Jan 2026 Enclosed |
Allotment of Warrants • 16 Jan 2026 Change in Registrar and Share Transfer Agent (RTA) of the Company |
Press Release / Media Release • 15 Jan 2026 Enclosed |
Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 • 09 Jan 2026 Enclosed |
This information is AI-generated and may contain inaccuracies. Please verify from multiple sources.
Here are the major questions and their detailed answers from the Q&A section of the earnings transcript:
1. Ragini: Can you please tell the capex term for H1-FY26 and what is the guidance for FY27 and FY28?
2. Ragini: Can you give the incentive income for Q2 FY26?
3. Ragini: Can you share the progress on the Hydroelectric Projects of nearly about 5 gigawatts in Arunachal Pradesh?
4. Paras Chheda: Why is revenue not increasing despite projects coming online?
5. Paras Chheda: What about the expected operational status of Buxar and average price?
6. Paras Chheda: Are significant renewable projects coming online soon?
7. Bharani: How much capacity has been tendered in renewable energy?
8. Bharani: Will untied power projects be re-bid?
9. Shubham Shelar: Is the deadline for PPAs in November?
These captured major Q&A interactions, providing insights into financial guidance and operational details.
Distribution across major institutional holders
| -13.20% |
| 15.36 |
| 4.94 |
| - |
| - |
| TATAPOWER | Tata Power Co. | 1.17 LCr | 67.69 kCr | -3.50% | +4.00% | 28.91 | 1.73 | - | - |
| NHPC | NHPC | 78.55 kCr | 12.36 kCr | -1.30% | +3.60% | 24.75 | 6.35 | - | - |
| TORNTPOWER | TORRENT POWER | 69.92 kCr | 29.21 kCr | +6.20% | -4.50% | 23.25 | 2.39 | - | - |
| - |
| 0 |
| 0 |
| 0 |
| 0 |
| 0 |
| 0 |
| Total profit before tax | 0% | 420 | 420 | -149.12 | 193 | 580 | 482 |
| Current tax | 10.5% | 85 | 77 | 1.53 | 33 | 108 | 83 |
| Deferred tax | -24.4% | 60 | 79 | -15.32 | 7.53 | 42 | 21 |
| Total tax | -7.7% | 145 | 157 | -13.79 | 40 | 150 | 105 |
| Total profit (loss) for period | 35.2% | 308 | 228 | -127.72 | 149 | 440 | 357 |
| Other comp. income net of taxes | -0.5% | -2.94 | -2.92 | -7.62 | -1.14 | -1.13 | -1.14 |
| Total Comprehensive Income | 35.7% | 305 | 225 | -135.34 | 148 | 439 | 356 |
| Earnings Per Share, Basic | 47.6% | 0.78 | 0.58 | -0.32 | 0.38 | 1.12 | 0.91 |
| Earnings Per Share, Diluted | 47.6% | 0.78 | 0.58 | -0.32 | 0.38 | 1.12 | 0.91 |
| Debt equity ratio | 205% | 2.03 | 0.0195 | 0.0191 | 0.0172 | 0.02 | 0.015 |
| Debt service coverage ratio | 75.5% | 0.76 | 0.0199 | 097 | 0.0172 | 0.03 | 0.0262 |
| Interest service coverage ratio | 446.9% | 4.35 | 0.0344 | 0.0192 | 0.0302 | 0.05 | 0.0424 |
| -15% |
| 454 |
| 534 |
| 391 |
| 404 |
| 393 |
| 384 |
| Other expenses | 4.4% | 471 | 451 | 419 | 404 | 369 | 363 |
| Total Expenses | 12.6% | 1,956 | 1,738 | 1,537 | 1,259 | 1,080 | 1,323 |
| Profit Before exceptional items and Tax | 18.4% | 1,296 | 1,095 | 1,762 | 1,367 | 2,133 | 1,766 |
| Exceptional items before tax | -101.3% | 0 | 79 | -29.63 | -23.26 | -293.44 | 0 |
| Total profit before tax | 10.4% | 1,296 | 1,174 | 1,732 | 1,343 | 1,840 | 1,766 |
| Current tax | 11.9% | 226 | 202 | 313 | 229 | 316 | 475 |
| Deferred tax | 62.3% | 87 | 54 | 46 | 93 | 162 | -201.16 |
| Total tax | 22.4% | 313 | 256 | 358 | 322 | 478 | 274 |
| Total profit (loss) for period | 6.8% | 970 | 908 | 1,363 | 978 | 1,633 | 1,652 |
| Other comp. income net of taxes | -117.6% | -10.99 | -4.51 | -2.02 | -1.63 | -1.66 | -18.02 |
| Total Comprehensive Income | 6.1% | 959 | 904 | 1,361 | 976 | 1,631 | 1,634 |
| Earnings Per Share, Basic | 12.2% | 2.47 | 2.31 | 3.47 | 2.49 | 4.16 | 4.2 |
| Earnings Per Share, Diluted | 12.2% | 2.47 | 2.31 | 3.47 | 2.49 | 4.16 | 4.2 |
| Debt equity ratio | 0.1% | 074 | 069 | 052 | 042 | - | - |
| Debt service coverage ratio | -0.3% | 0.0204 | 0.023 | 0.0405 | 0.0526 | - | - |
| Interest service coverage ratio | -0.9% | 0.0385 | 0.0472 | - | - | - | - |
| 3.2% |
| 9,166 |
| 8,881 |
| 8,456 |
| 7,931 |
| 6,931 |
| 5,931 |
| Loans, non-current | 1.5% | 825 | 813 | 765 | 646 | 428 | 94 |
| Total non-current financial assets | 1.4% | 10,127 | 9,991 | 9,597 | 8,707 | 7,564 | 6,224 |
| Total non-current assets | 0.1% | 22,604 | 22,584 | 21,661 | 20,761 | 19,497 | 17,505 |
| Total assets | 1.7% | 27,350 | 26,887 | 27,415 | 25,738 | 24,791 | 23,130 |
| Borrowings, non-current | -28.7% | 7,015 | 9,840 | 9,877 | 9,036 | 7,718 | 6,395 |
| Total non-current financial liabilities | -28.7% | 7,024 | 9,851 | 9,888 | 9,047 | 7,718 | 6,402 |
| Provisions, non-current | 5.8% | 148 | 140 | 139 | 129 | 124 | 118 |
| Total non-current liabilities | -26.6% | 7,826 | 10,662 | 10,753 | 9,861 | 8,548 | 7,226 |
| Borrowings, current | 406.2% | 3,352 | 663 | 612 | 562 | 531 | 745 |
| Total current financial liabilities | 208.5% | 4,083 | 1,324 | 1,448 | 1,238 | 1,340 | 1,446 |
| Provisions, current | 5.8% | 606 | 573 | 586 | 563 | 563 | 586 |
| Total current liabilities | 144% | 4,740 | 1,943 | 2,090 | 1,847 | 1,954 | 2,082 |
| Total liabilities | -0.3% | 12,565 | 12,604 | 12,842 | 11,708 | 10,502 | 9,308 |
| Equity share capital | 0% | 3,930 | 3,930 | 3,930 | 3,930 | 3,930 | 3,930 |
| Total equity | 3.5% | 14,785 | 14,282 | 14,573 | 14,030 | 14,289 | 13,822 |
| Total equity and liabilities | 1.7% | 27,350 | 26,887 | 27,415 | 25,738 | 24,791 | 23,130 |
| 92.1% |
| 2,187 |
| 1,139 |
| 1,576 |
| 1,650 |
| - |
| - |
| Cashflows used in obtaining control of subsidiaries | -100.1% | 0 | 2,000 | 1,300 | 993 | - | - |
| Purchase of property, plant and equipment | -8.1% | 986 | 1,073 | 901 | 1,283 | - | - |
| Proceeds from sales of long-term assets | - | 176 | 0 | 0 | 0 | - | - |
| Dividends received | 0% | 3.15 | 3.15 | 3.15 | 1.39 | - | - |
| Interest received | 25.1% | 270 | 216 | 138 | 59 | - | - |
| Other inflows (outflows) of cash | -114.7% | -179.09 | 1,225 | -100.15 | -2,043.46 | - | - |
| Net Cashflows From Investing Activities | 20.3% | -1,730.78 | -2,170.83 | -1,805.41 | -4,259.1 | - | - |
| Proceeds from borrowings | -61.9% | 1,151 | 3,022 | 1,865 | 3,338 | - | - |
| Repayments of borrowings | 30.3% | 388 | 298 | 545 | 316 | - | - |
| Payments of lease liabilities | -16.1% | 7.21 | 8.4 | 9.16 | 5.83 | - | - |
| Dividends paid | 1.6% | 707 | 696 | 668 | 611 | - | - |
| Interest paid | 28.1% | 722 | 564 | 291 | 77 | - | - |
| Net Cashflows from Financing Activities | -146.3% | -672.88 | 1,456 | 352 | 2,329 | - | - |
| Net change in cash and cash eq. | -151.2% | -216.22 | 425 | 123 | -279.46 | - | - |