Juniper Green Energy

Delhi, India Founded: 2010 • Age: 16 yrs Listed
Solar power is produced independently by Juniper Green Energy.

About Juniper Green Energy

Juniper Green Energy is a publicly listed company based in Delhi (India) founded in 2010. Solar power is produced independently by Juniper Green Energy. Juniper Green Energy has raised $350 million across 3 funding rounds from investors including HSBC, IREDA and Vitol. The company has 48 employees. Its chief executive, as recorded, is Naresh Mansukhani. Its Indian entity Juniper Green Energy Limited reported revenue of β‚Ή810 Cr. Its focus areas include Energy, Solar Energy, Independent Power Producer and Utility. Its competitors include Avaada Group, Greenko Group and Azure Power; 3 of its 3 listed competitors have raised funding.

Company details

Juniper Green Energy was established in 2010 and is based in Delhi, India. Operations are centered on solar power generation as an independent producer within the renewable energy sector. Solar projects are developed and electricity is supplied to various clients. The company is led by CEO Naresh Mansukhani, with activities primarily conducted in the Indian market.

Key Metrics
  • Market Cap
    ₹14,650 Cr

    JNPR · NSE

  • Share Price
    ₹253.80

    -1.43% today

  • Revenue
    ₹724 Cr

    FY 2025-26 · +41.3% YoY

  • EBITDA
    ₹606 Cr

    Margin 83.8%

  • Net Profit
    ₹14.63 Cr

    FY 2025-26 · -46.3% YoY

  • P/E (TTM)
    146.6x

    P/B 2.8x

  • ROE
    0.4%

    ROCE 3.3%

  • Debt / Equity
    2.91

    Interest cover 108.3x

  • Total Equity Funding
    $350M (USD)

    in 3 rounds

  • Latest Funding Round
    $198.69M (USD), Debt – Conventional

    Aug 2025

  • Investors
    HSBC

    & 5 more

  • Employee Count
    48

Funding Insights of Juniper Green Energy

Juniper Green Energy has successfully raised a total of $350M across 3 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $198.69 million completed in August 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding $350M
  • Total Rounds 3
  • Last Round Debt – Conventional β€” $198.69M
  • First Round $200M

    (Jun 2021)

  • Investors Count 6

All 3 funding rounds of Juniper Green Energy with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Aug 2025$198.69MDebt – Conventional––
Sep 2023$150MSeries D––
Jun 2021$200MSeries D––
Valuation history

6 investors in total: 6 institutional.

Investors in Juniper Green Energy

Juniper Green Energy has secured backing from 6 investors, including venture fund and institutional investors. Prominent investors backing the company include HSBC, IREDA and Vitol.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
Investments in multiple sectors are managed by AT Capital Group.
atcapital.com.sgSingapore, Singapore
Oil processing, storage, and shipping services are provided globally.
1966vitol.comLondon, United Kingdom
Infrastructure projects are financed by IREDA in India.
1987ireda.inDelhi, India
dbs.com/foundation/our-support/grant-programme
Universal banking and financial advisory services are provided globally.
1865hsbc.comLondon, United Kingdom
Financial assistance and solutions are provided to the power sector.
1986pfcindia.co.inDelhi, India
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Board of directors of Juniper Green Energy Limited (Juniper Green Energy)

Juniper Green Energy Limited is the primary company behind Juniper Green Energy. The boards of the 4 registered companies of Juniper Green Energy currently have 14 directors; the longest-serving is Hemant Tikoo, appointed in 2011. 23 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Hemant Tikoo
DIN 01880241
Director05 Dec 201114 yrs 11 moJuniper Green Energy Limited
Sanjay Kumar Bakliwal
DIN 01942991
Director01 Aug 201214 yrs 3 moJuniper Green Energy Limited
Parag Agrawal
DIN 02463717
Director02 Jul 20188 yrs 4 moNisagra Renewable Energy Private Limited, Juniper Green Field Private Limited
Arvind Tiku
DIN 00649116
Director13 Dec 20187 yrs 10 moJuniper Green Energy Limited
Pulin Mehta
DIN 06646106
Company Secretary01 Jul 20215 yrs 4 moNisagra Renewable Energy Private Limited
Robin Batra
DIN 07688793
Director25 Apr 20242 yrs 6 moJuniper Green Sigma Private Limited
Ankush Malik
DIN 07978604
Whole-time director30 Sep 20242 yrs 1 moJuniper Green Energy Limited, Nisagra Renewable Energy Private Limited, Juniper Green Field Private Limited
Amaresh Pandey
DIN 10982930
Director08 Apr 20251 yr 7 moJuniper Green Sigma Private Limited
Pavan Kumar Gupta
DIN 10863712
Director15 Apr 20251 yr 6 moNisagra Renewable Energy Private Limited
Amit Gupta
DIN 10587147
Director15 Apr 20251 yr 6 moJuniper Green Field Private Limited
Balaji Viswanathan Swaminathan
DIN 01794148
Director23 Jun 20251 yr 4 moJuniper Green Energy Limited
Prashant Parashar
DIN 03644591
Director23 Jun 20251 yr 4 moJuniper Green Energy Limited
Maithreyi Swaminathan
DIN 06876944
Director23 Jun 20251 yr 4 moJuniper Green Energy Limited, Juniper Green Field Private Limited, Juniper Green Sigma Private Limited
Kottamasu Venkateswara Rao
DIN 11122529
Director23 Jun 20251 yr 4 moJuniper Green Energy Limited

People of Juniper Green Energy

33 people are tracked at Juniper Green Energy (13 in leadership, 20 in team); the tracked headcount is 48.

NameRoleGroup
CEOLeadership
Sudesh Pradhan
Senior General Manager Project DevelopmentLeadership
Subrahmanyam Gorthi
Senior Vice President - LegalLeadership
Gaurav Kumar Kalal
Senior Vice President - Project FinanceLeadership
Sanjeev Kumar
Senior General ManagerLeadership
Chief Executive OfficerLeadership
Basavaraj Patil
Vice President - Project DevelopmentLeadership
Chief Financial OfficerLeadership
Goutam Samanta
Head PV TechnologyLeadership
Lakhmi Chand
General ManagerLeadership
Rahul Gupta
General ManagerLeadership
Vivek Hazari
General ManagerLeadership
Deepak Katyal
Head-projects & Power EvacuationLeadership
Parwinder Kaur
Manager - ProcurementTeam
Mahaveer Joshi
Senior EngineerTeam
Sandip Gohil
Deputy ManagerTeam
Shrawan Ram
Deputy Manager - Project Development, Corporate OfficeTeam
Manikandan Radhakrishnan
Senior Technical ManagerTeam
Deepak Kumar
Deputy Manager-qualityTeam
Sanjib Pramanick
Project ManagerTeam

13 more people are available in the full profile.

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IPO & Listings of Juniper Green Energy

Juniper Green Energy is a publicly listed company on the NSE with ticker symbol JNPR in India, operating in the Utilities sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

  • IPO date06 Aug 2026
  • Listed onNSE: JNPR
  • Listed entityJuniper Green Energy Limited
  • Exchange sectorUtilities
  • ISININE05C901015
  • Share price₹279.40 (+2.18% on the day) · 2026-10-14
  • Market capitalisation₹15,568 Cr
  • Volume (last session)802,101

Financials of Juniper Green Energy

Exchange-reported figures of Juniper Green Energy Limited, the listed company behind Juniper Green Energy (NSE: JNPR).

Financial Highlights

FY 2025-26 Β· Consolidated
Revenue
₹724 Cr
+41.2% YoY
EBITDA
₹606 Cr
+42.8% YoY
Profit After Tax
₹14.63 Cr
-46.3% YoY
Net Worth
₹3,424 Cr
+1.9% YoY
Total Assets
₹17,268 Cr
+83.6% YoY
Total Debt
₹13,761 Cr
+130.5% YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22
Income statement
Revenue724512394331171
Revenue growth+41.3%+30.0%+19.0%+94.3%-
EBITDA606425338267146
EBITDA margin+83.8%+82.9%+85.7%+80.6%+85.8%
Profit before tax55.2054.9057.48(10.17)37.07
Net profit14.6327.2635.27(12.94)26.39
Net profit margin+2.0%+5.3%+9.0%-3.9%+15.5%
EPS (β‚Ή)0.830.7515.47(8.73)19.72
Balance sheet
Total assets17,2689,4034,6793,1232,603
Net worth3,4243,3601,732783792
Total debt13,7615,9712,8942,2941,780
Cash & bank3,3582,653858180333
Net working capital1,4001,913678174(77.41)
Cash flow
Cash from operations470365322255142
Cash from investing(6,510)(4,183)(1,579)(453)(1,448)
Cash from financing6,8664,0711,2312121,319
ParticularsJun 2026Mar 2026Jun 2025Mar 2025
Revenue291213161157
Revenue growth (YoY)+81.2%+35.3%--
Other income33.0231.0220.5326.30
EBITDA261183138130
EBITDA margin+89.8%+86.0%+85.9%+82.9%
Depreciation74.5266.6150.2044.28
Interest17611979.2172.75
Profit before tax44.1627.8029.1539.49
Tax10.706.267.4610.83
Net profit33.4621.5421.6928.66
EPS (β‚Ή)0.680.440.440.00
MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Income statement
Revenue32417428.3624.7824.5321.37
Revenue growth+85.7%+515.3%+14.5%+1.0%+14.8%-
EBITDA24.3217.0915.1513.0117.7114.14
EBITDA margin+7.5%+9.8%+53.4%+52.5%+72.2%+66.2%
Profit before tax80.3059.2434.751.859.9127.00
Net profit(19.53)3.340.321.248.1621.47
Net profit margin-6.0%+1.9%+1.1%+5.0%+33.3%+100.5%
EPS (β‚Ή)1.260.898.881.016.5338.13
Balance sheet
Total assets5,6984,5481,818881884419
Net worth3,4283,3431,707768766303
Total debt2,2651,201107113117117
Cash & bank70585347113.6565.2412.92
Net working capital1,1941,52663061.3286.9116.68
Cash flow
Cash from operations(154)(77.72)1.5710.8619.277.95
Cash from investing(456)(2,276)(891)6.86(459)(99.43)
Cash from financing6942,485891(16.89)442(11.38)
ParticularsJun 2026Mar 2026Jun 2025
Revenue11411367.80
Revenue growth (YoY)+67.6%--
Other income51.2860.2655.15
Total expenses98.1098.7964.96
EBITDA15.5313.882.84
EBITDA margin+13.7%+12.3%+4.2%
Depreciation5.554.013.29
Interest51.2248.1332.54
Profit before tax10.0422.0022.16
Tax2.605.424.58

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 12 Nov 2026
ParticularsJun 2026Mar 2026Jun 2025Mar 2025
Revenue291213161157
Revenue growth (YoY)+81.2%+35.3%--
Other income33.0231.0220.5326.30
EBITDA261183138130
EBITDA margin+89.8%+86.0%+85.9%+82.9%
Depreciation74.5266.6150.2044.28
Interest17611979.2172.75
Profit before tax44.1627.8029.1539.49
Tax10.706.267.4610.83
Net profit33.4621.5421.6928.66
EPS (β‚Ή)0.680.440.440.00
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22
Revenue724512394331171
Revenue growth+41.3%+30.0%+19.0%+94.3%-
Other income86.0061.1032.9031.1818.64
Total expenses11887.7756.2664.2124.18
Employee cost30.5223.4414.1329.108.14
EBITDA606425338267146
EBITDA margin+83.8%+82.9%+85.7%+80.6%+85.8%
Depreciation23716612211043.89
Interest40026419119884.03
Profit before tax55.2054.9057.48(10.17)37.07
Tax14.7318.4217.441.909.84
Net profit14.6327.2635.27(12.94)26.39
Net profit margin+2.0%+5.3%+9.0%-3.9%+15.5%
EPS (β‚Ή)0.830.7515.47(8.73)19.72
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22
Equity & liabilities
Share capital48948925.9113.8113.81
Reserves & surplus2,9352,8711,556769778
Shareholders' funds (net worth)3,4243,3601,732783792
Minority interest0.000.000.000.000.00
Secured loans11,3704,5132,6722,1331,701
Unsecured loans2,3911,45822216079.54
Total debt13,7615,9712,8942,2941,780
Total liabilities17,2689,4034,6793,1232,603
Assets
Gross block8,1375,0493,7363,0802,097
Net block7,4604,5993,4432,9032,025
Capital work in progress7,3732,01941318.79659
Investments16013282.0319.602.52
Inventories0.000.000.000.000.00
Sundry debtors11272.3862.5849.9523.04
Cash & bank balances3,3582,653858180333
Loans & advances15491.0426.269.3220.61
Total current assets3,6232,816946239377
Total current liabilities2,22390326865.22454
Net working capital1,4001,913678174(77.41)
Total assets17,2689,4034,6793,1232,603
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22
Opening cash27622.0747.5534.2621.60
Net cash from operating activities470365322255142
Net cash from investing activities(6,510)(4,183)(1,579)(453)(1,448)
Net cash from financing activities6,8664,0711,2312121,319
Net change in cash826253(25.48)13.2912.66
Closing cash3,3582,653858180333
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22
Growth
Sales growth+41.3%+30.0%+19.0%+94.3%-
EBITDA growth+42.8%+25.6%+26.5%+82.5%-
PBT growth+0.6%-4.5%+9998.0%-+9997.0%
Net income growth-46.3%-22.7%+372.6%-149.0%-
Revenue CAGR (3Y)+29.8%+44.3%---
EBITDA CAGR (3Y)+31.4%+42.6%---
Profitability & leverage
Net income margin+5.6%+7.1%+10.2%-3.6%+16.0%
Return on capital employed+3.3%+4.4%+6.4%+6.6%+4.7%
Return on net worth+0.4%+1.1%+3.2%-1.5%+3.4%
Debt / equity2.911.742.062.592.25
Long-term debt / equity2.641.661.912.051.34
Interest cover108.34102.4088.61126.3382.01
Efficiency & per share
Fixed asset turnover0.110.120.120.130.08
Inventory turnover0.000.000.000.000.00
Debtors turnover7.857.597.019.087.40
EPS (β‚Ή)0.830.7515.47(8.73)19.72
Dividend per share (β‚Ή)0.000.000.000.000.00
Book value per share (β‚Ή)70.0268.71610.54567.08573.58
ParticularsJun 2026Mar 2026Jun 2025
Revenue11411367.80
Revenue growth (YoY)+67.6%--
Other income51.2860.2655.15
Total expenses98.1098.7964.96
EBITDA15.5313.882.84
EBITDA margin+13.7%+12.3%+4.2%
Depreciation5.554.013.29
Interest51.2248.1332.54
Profit before tax10.0422.0022.16
Tax2.605.424.58
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Revenue32417428.3624.7824.5321.37
Revenue growth+85.7%+515.3%+14.5%+1.0%+14.8%-
Other income22312437.187.6110.8030.40
Total expenses30015713.2111.776.827.23
Employee cost31.486.765.427.454.213.61
EBITDA24.3217.0915.1513.0117.7114.14
EBITDA margin+7.5%+9.8%+53.4%+52.5%+72.2%+66.2%
Depreciation15.598.347.206.896.816.48
Interest15173.1010.3811.8811.7911.06
Profit before tax80.3059.2434.751.859.9127.00
Tax18.9315.9111.750.460.905.44
Net profit(19.53)3.340.321.248.1621.47
Net profit margin-6.0%+1.9%+1.1%+5.0%+33.3%+100.5%
EPS (β‚Ή)1.260.898.881.016.5338.13
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Equity & liabilities
Share capital48948925.9113.8113.815.65
Reserves & surplus2,9392,8541,532763761306
Shareholders' funds (net worth)3,4283,3431,707768766303
Secured loans43391.5098.53106111112
Unsecured loans1,8321,1098.177.366.285.10
Total debt2,2651,201107113117117
Total liabilities5,6984,5481,818881884419
Assets
Gross block513300165160160156
Net block472267138140146148
Capital work in progress67124.660.000.000.012.14
Investments2,1821,765929618582169
Inventories59.096.820.000.000.000.00
Sundry debtors85.2797.949.214.334.254.43
Cash & bank balances70585347113.6565.2412.92
Loans & advances63764715646.3820.965.88
Total current assets1,4861,60563664.3690.4523.23
Total current liabilities29378.786.473.043.546.55
Net working capital1,1941,52663061.3286.9116.68
Total assets5,6984,5481,818881884419
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Opening cash1365.935.014.181.81105
Net cash from operating activities(154)(77.72)1.5710.8619.277.95
Net cash from investing activities(456)(2,276)(891)6.86(459)(99.43)
Net cash from financing activities6942,485891(16.89)442(11.38)
Net change in cash84.221300.910.832.37(103)
Closing cash70585347113.6565.2412.92
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Growth
Sales growth+85.7%+515.3%+14.5%+1.0%+14.8%-
EBITDA growth+42.3%+12.8%+16.5%-26.5%+25.3%-
PBT growth+35.6%+70.5%+1778.4%-81.3%-63.3%+9997.0%
Net income growth-684.7%+943.8%-74.2%-84.8%-62.0%-
Revenue CAGR (3Y)+135.6%+92.3%+9.9%---
EBITDA CAGR (3Y)+23.2%-1.2%+2.3%---
Profitability & leverage
Net income margin+18.9%+24.8%+81.1%+5.6%+36.7%+100.9%
Return on capital employed+3.2%+3.2%+2.1%+1.5%+3.3%+9.1%
Return on net worth-0.6%+0.1%+0.0%+0.2%+1.7%+7.1%
Debt / equity0.510.260.090.150.220.39
Long-term debt / equity0.480.260.080.140.170.22
Interest cover1,732.53835.43130.57194.12108.17144.39
Efficiency & per share
Fixed asset turnover0.800.750.170.150.160.14
Inventory turnover9.8351.170.000.000.000.00
Debtors turnover3.543.264.195.785.654.82
EPS (β‚Ή)1.260.898.881.016.5338.13
Dividend per share (β‚Ή)0.000.000.000.000.000.00
Book value per share (β‚Ή)70.1068.37601.19562.34561.32550.57

Timeline of Juniper Green Energy

4 dated milestones of Juniper Green Energy across 16 years, from founding to its latest funding, stage changes and deals.

  1. Founded Juniper Green Energy is founded.
  2. Funding First funding round of $200.0M.
  3. Funding Latest funding round, Debt – Conventional, of $198.7M.
  4. IPO Lists on the stock exchange (IPO).

Competitors of Juniper Green Energy

Juniper Green Energy has 3 listed competitors in our database, 3 of them funded. They include Avaada Group, Greenko Group and Azure Power.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
avaada.com2009Delhi, India$879.45M2,935
Renewable energy projects in solar, wind, and storage are developed.
greenkogroup.com2006Hyderabad, India$942.81M160
Energy transition and decarbonization solutions are provided by Greenko Group.
azurepower.com2008Delhi, India$174.06M902
Provider of independent power producer in the utility scale renewable energy
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Web traffic of Juniper Green Energy

The website of Juniper Green Energy (junipergreenenergy.com) receives about 5.9K visits a month.

  • Monthly visits
    5.9K

    ▲ 13.9% vs previous month

Top companies in Renewable & Sustainable Energy

3 companies that operate in the same segment as Juniper Green Energy (Renewable & Sustainable Energy) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Hybrid renewable energy solutions are provided for rural communities.
2008Patna, Bihar, IndiaUSD 73.99 MUSD 3.46 M294
Solar energy projects are developed for commercial and industrial clients.
2011Mumbai, Maharashtra, IndiaUSD 442.67 MUSD 166.51 M365
Manufacturer of solar PV modules
1990Mumbai, Maharashtra, IndiaUSD 111.38 MUSD 2.77 B8,690
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Frequently Asked Questions about Juniper Green Energy

Juniper Green Energy was founded in 2010 and raised its 1st funding round 11 years after it was founded.

Juniper Green Energy is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.

Naresh Mansukhani is the CEO of Juniper Green Energy, as recorded in our data.

Juniper Green Energy is a funded company, having raised a total of $350M across 3 funding rounds to date. The company's 1st funding round was a Series D of $200M, raised on Jun 2021.

Juniper Green Energy has 48 employees.

The primary company behind Juniper Green Energy, Juniper Green Energy Limited, reported revenue of β‚Ή810 Cr for FY 2026, up 41% year on year.

Juniper Green Energy was established in 2010 and is based in Delhi, India. Operations are centered on solar power generation as an independent producer within the renewable energy sector. Solar projects are developed and electricity is supplied to various clients. The company is led by CEO Naresh Mansukhani, with activities primarily conducted in the Indian market.

Juniper Green Energy's top competitors include Avaada Group, Azure Power and Greenko Group.

Yes, Juniper Green Energy is publicly traded on NSE under the ticker symbol JNPR.

Juniper Green Energy has 6 investors. Key investors include HSBC, IREDA, Vitol, Power Finance, and AT Capital.

Juniper Green Energy is associated with 4 legal entities: Juniper Green Energy Limited, Nisagra Renewable Energy Private Limited, Juniper Green Field Private Limited and others.

The legal entities of Juniper Green Energy currently have 16 directors, including Balaji Viswanathan Swaminathan, Prashant Parashar, Ankush Malik and others.

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