- #1,113 Manik Garg & family ₹2,300 Cr
- #1,140 Neelesh Garg & family ₹2,200 Cr

About Saatvik Green Energy Limited
Data last updated:
Saatvik Green Energy Limited is a public limited company based in Ambala, Haryana, India. It operates in the power epc segment of the energy and power sector. It was incorporated on 29 May 2015 and has been in existence for over 11 years.
Its director Manik Garg and family are #1,113 among India's richest people (2026). Its director Neelesh Garg and family are #1,140 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Haryana, under CIN L40106HR2015PLC075578. Its GSTIN is 06AAVCS8142B1Z6 (Haryana). The company holds 13 GST registrations, of which 9 are active. It is a listed company as per MCA records. Its shares are listed on BSE: 544526 and NSE: SAATVIKGL.
The company has an authorised share capital of ₹75 Cr and a paid-up capital of ₹25.42 Cr. It was formerly known as Saatvik Green Energy Private Limited. It is led by directors including Manik Garg (Managing Director) and Neelesh Garg (Managing Director).
Its last annual general meeting (AGM) was held on 14 July 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Vill. Dubli V.P.O Bihta Tehsil Ambala, Haryana, India – 133101.
As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹4,548.44 Cr, a growth of 110.7% compared to the previous year. For the same year it recorded a net profit of ₹360.43 Cr (net margin 7.9%) and EBITDA of ₹537.56 Cr (EBITDA margin 11.8%). The net worth stands at ₹1,361.07 Cr (up 299.3% YoY). Total assets are valued at ₹2,341.03 Cr (up 166.1% YoY).
The company has about 101 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Saatvik Green Energy. As per MCA filings, the company has open charges of ₹600.68 Cr and satisfied charges of ₹108.7 Cr on record. Court records list 5 cases involving the company, including 5 filed by the company; 2 cases are pending. The company has 10 deals on record (7 secondary share transfers, 2 rights issues, 1 ipo); the latest was in September 2025.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website saatvikgroup.com.
Company details
CIN history
Saatvik Green Energy has 3 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L40106HR2015PLC075578, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L40106HR2015PLC075578 | Current |
| U40106HR2015PTC075578 | Previous |
| U40106HR2015PLC075578 | Previous |
| U40106CH2015PTC035556 | Previous |
Recognitions & Rankings of Saatvik Green Energy
Contact details
Saatvik Green Energy Limited's registered office is in Ambala, Haryana.
- Social Media
- Registered AddressVill. Dubli V.P.O Bihta Tehsil Ambala, Haryana, India – 133101
- IndustryEnergy and Power, Power EPC, BoP & BTG Services, Power Equipment Manufacturers
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Brands
Saatvik Green Energy operates one associated brand: Saatvik Green Energy. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures solar modules and offers EPC services for renewable energy projects in India. | saatvikgroup.com |
Business activity
The main business activity of Saatvik Green Energy is professional, scientific and technical activities. In detail, this covers architectural and engineering activities; technical testing and analysis.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, scientific and technical activities | 71 | Architectural and engineering activities; technical testing and analysis |
To see the full business activity and turnover split of Saatvik Green Energy Limited, buy the company report.
Financials of Saatvik Green Energy Limited
FY 2025-26 filings availableSaatvik Green Energy Limited reported revenue of ₹4,548.44 Cr (up 110.7% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · ConsolidatedRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|---|
| Income statement | ||||
| Revenue | 4,548 | 2,158 | 1,088 | 609 |
| Revenue growth | +110.7% | +98.4% | +78.8% | - |
| EBITDA | 538 | 320 | 148 | 15.14 |
| EBITDA margin | +11.8% | +14.8% | +13.6% | +2.5% |
| Profit before tax | 442 | 280 | 132 | 6.67 |
| Net profit | 360 | 216 | 100 | 4.74 |
| Net profit margin | +7.9% | +10.0% | +9.2% | +0.8% |
| EPS (₹) | 29.76 | 19.11 | 297.09 | 14.04 |
| Balance sheet | ||||
| Total assets | 2,341 | 880 | 428 | 185 |
| Net worth | 1,361 | 341 | 121 | 20.27 |
| Total debt | 939 | 503 | 280 | 153 |
| Cash & bank | 81.75 | 8.48 | 17.35 | 13.26 |
| Net working capital | 1,300 | 506 | 238 | 128 |
| Cash flow | ||||
| Cash from operations | (26.72) | 42.60 | 43.57 | 5.03 |
| Cash from investing | (896) | (198) | (69.44) | (23.92) |
| Cash from financing | 946 | 149 | 24.94 | 32.06 |
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 903 | 511 | 1,608 | 1,257 | 768 | 916 | 919 | 518 |
| Revenue growth (YoY) | +17.5% | -44.2% | +75.0% | +142.6% | +61.6% | +272.3% | - | - |
| Other income | 25.29 | 8.72 | 8.96 | 11.44 | 15.15 | 4.01 | 3.02 | 2.11 |
| EBITDA | 41.67 | 33.83 | 104 | 151 | 108 | 177 | 157 | 68.15 |
| EBITDA margin | +4.6% | +6.6% | +6.4% | +12.0% | +14.1% | +19.3% | +17.1% | +13.2% |
| Depreciation | 14.92 | 13.41 | 23.32 | 14.70 | 13.69 | 12.46 | 11.94 | 9.44 |
| Interest | 24.02 | 21.74 | 15.50 | 23.12 | 13.63 | 19.04 | 16.48 | 12.48 |
| Profit before tax | 28.02 | 7.40 | 73.83 | 125 | 96.20 | 150 | 132 | 48.34 |
| Tax | 7.77 | 2.04 | 13.41 | 27.85 | 12.97 | 30.73 | 36.95 | 7.89 |
| Net profit | 20.25 | 5.36 | 60.42 | 96.92 | 83.23 | 119 | 94.71 | 40.45 |
| EPS (₹) | 1.64 | 0.43 | 5.05 | 8.39 | 7.38 | 10.58 | 8.13 | 0.00 |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|---|
| Income statement | ||||||
| Revenue | 2,262 | 1,974 | 1,090 | 609 | 480 | 154 |
| Revenue growth | +14.6% | +81.1% | +79.1% | +26.8% | +212.0% | - |
| EBITDA | 11.20 | 190 | 150 | 16.83 | 16.73 | 10.07 |
| EBITDA margin | +0.5% | +9.6% | +13.8% | +2.8% | +3.5% | +6.6% |
| Profit before tax | 85.26 | 209 | 134 | 6.68 | 8.26 | 4.45 |
| Net profit | 65.05 | 156 | 100 | 4.75 | 5.95 | 3.16 |
| Net profit margin | +2.9% | +7.9% | +9.2% | +0.8% | +1.2% | +2.1% |
| EPS (₹) | 5.19 | 14.00 | 296.70 | 14.08 | 17.64 | 9.35 |
| Balance sheet | ||||||
| Total assets | 1,180 | 451 | 358 | 185 | 133 | 61.44 |
| Net worth | 1,005 | 279 | 121 | 20.29 | 15.62 | 17.77 |
| Total debt | 167 | 161 | 227 | 153 | 112 | 43.58 |
| Cash & bank | 15.01 | 5.21 | 14.57 | 11.20 | 0.16 | 1.49 |
| Net working capital | 481 | 383 | 280 | 128 | 94.51 | 31.01 |
| Cash flow | ||||||
| Cash from operations | 2.26 | 87.72 | 14.19 | (2.54) | (57.25) | 15.69 |
| Cash from investing | (643) | 3.47 | (67.27) | (18.40) | 0.86 | (3.46) |
| Cash from financing | 644 | (97.80) | 52.05 | 32.05 | 54.99 | (11.11) |
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 290 | 333 | 612 | 717 | 555 | 378 | 585 | 487 |
| Revenue growth (YoY) | -47.7% | -11.8% | +4.7% | +47.2% | -5.9% | +20.9% | - | - |
| Other income | 24.67 | 19.46 | 48.84 | 38.95 | 16.86 | 11.83 | 26.46 | 2.19 |
| Total expenses | 286 | 336 | 632 | 692 | 559 | 369 | 469 | 462 |
| EBITDA | 4.15 | (2.76) | (19.69) | 24.64 | (3.46) | 9.04 | 116 | 24.85 |
| EBITDA margin | +1.4% | -0.8% | -3.2% | +3.4% | -0.6% | +2.4% | +19.8% | +5.1% |
| Depreciation | 3.56 | 3.87 | 7.54 | 3.06 | 3.13 | 3.50 | 3.37 | 3.36 |
| Interest | 6.71 | 3.69 | 6.34 | 8.22 | 4.80 | 5.83 | 9.17 | 7.46 |
| Profit before tax | 18.55 | 9.14 | 15.27 | 52.31 | 5.47 | 11.54 | 130 | 16.22 |
| Tax | 5.03 | 2.28 | 3.82 | 13.55 | 2.04 | 3.40 | 33.87 | 4.39 |
Financial Statements
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 903 | 511 | 1,608 | 1,257 | 768 | 916 | 919 | 518 |
| Revenue growth (YoY) | +17.5% | -44.2% | +75.0% | +142.6% | +61.6% | +272.3% | - | - |
| Other income | 25.29 | 8.72 | 8.96 | 11.44 | 15.15 | 4.01 | 3.02 | 2.11 |
| EBITDA | 41.67 | 33.83 | 104 | 151 | 108 | 177 | 157 | 68.15 |
| EBITDA margin | +4.6% | +6.6% | +6.4% | +12.0% | +14.1% | +19.3% | +17.1% | +13.2% |
| Depreciation | 14.92 | 13.41 | 23.32 | 14.70 | 13.69 | 12.46 | 11.94 | 9.44 |
| Interest | 24.02 | 21.74 | 15.50 | 23.12 | 13.63 | 19.04 | 16.48 | 12.48 |
| Profit before tax | 28.02 | 7.40 | 73.83 | 125 | 96.20 | 150 | 132 | 48.34 |
| Tax | 7.77 | 2.04 | 13.41 | 27.85 | 12.97 | 30.73 | 36.95 | 7.89 |
| Net profit | 20.25 | 5.36 | 60.42 | 96.92 | 83.23 | 119 | 94.71 | 40.45 |
| EPS (₹) | 1.64 | 0.43 | 5.05 | 8.39 | 7.38 | 10.58 | 8.13 | 0.00 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|---|
| Revenue | 4,548 | 2,158 | 1,088 | 609 |
| Revenue growth | +110.7% | +98.4% | +78.8% | - |
| Other income | 39.56 | 34.07 | 9.22 | 9.04 |
| Total expenses | 4,011 | 1,839 | 940 | 593 |
| Employee cost | 0.00 | 58.77 | 17.03 | 10.13 |
| EBITDA | 538 | 320 | 148 | 15.14 |
| EBITDA margin | +11.8% | +14.8% | +13.6% | +2.5% |
| Depreciation | 64.16 | 31.16 | 10.74 | 6.62 |
| Interest | 71.30 | 42.35 | 14.23 | 10.89 |
| Profit before tax | 442 | 280 | 132 | 6.67 |
| Tax | 84.54 | 66.49 | 31.40 | 1.92 |
| Net profit | 360 | 216 | 100 | 4.74 |
| Net profit margin | +7.9% | +10.0% | +9.2% | +0.8% |
| EPS (₹) | 29.76 | 19.11 | 297.09 | 14.04 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|---|
| Equity & liabilities | ||||
| Share capital | 25.42 | 22.41 | 3.38 | 3.38 |
| Reserves & surplus | 1,336 | 318 | 117 | 16.89 |
| Shareholders' funds (net worth) | 1,361 | 341 | 121 | 20.27 |
| Minority interest | (0.23) | 0.00 | 0.07 | 0.00 |
| Secured loans | 643 | 450 | 235 | 110 |
| Unsecured loans | 296 | 53.11 | 44.68 | 43.04 |
| Total debt | 939 | 503 | 280 | 153 |
| Total liabilities | 2,341 | 880 | 428 | 185 |
| Assets | ||||
| Gross block | 557 | 367 | 136 | 59.01 |
| Net block | 451 | 320 | 117 | 50.03 |
| Capital work in progress | 384 | 1.55 | 32.87 | 0.00 |
| Investments | 0.00 | 0.00 | 10.00 | 0.00 |
| Inventories | 702 | 654 | 221 | 132 |
| Sundry debtors | 699 | 400 | 177 | 20.92 |
| Cash & bank balances | 81.75 | 8.48 | 17.35 | 13.26 |
| Loans & advances | 591 | 203 | 83.82 | 39.67 |
| Total current assets | 2,074 | 1,265 | 498 | 206 |
| Total current liabilities | 773 | 759 | 260 | 78.34 |
| Net working capital | 1,300 | 506 | 238 | 128 |
| Total assets | 2,341 | 880 | 428 | 185 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|---|
| Opening cash | 5.39 | 12.33 | 13.26 | 0.09 |
| Net cash from operating activities | (26.72) | 42.60 | 43.57 | 5.03 |
| Net cash from investing activities | (896) | (198) | (69.44) | (23.92) |
| Net cash from financing activities | 946 | 149 | 24.94 | 32.06 |
| Net change in cash | 22.51 | (6.94) | (0.93) | 13.17 |
| Closing cash | 81.75 | 8.48 | 17.35 | 13.26 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|---|
| Growth | ||||
| Sales growth | +110.7% | +98.4% | +78.8% | - |
| EBITDA growth | +68.1% | +116.7% | +875.0% | - |
| PBT growth | +55.4% | +115.5% | +1877.1% | +9997.0% |
| Net income growth | +67.2% | +114.7% | +2018.4% | - |
| Revenue CAGR (3Y) | +95.5% | - | - | - |
| EBITDA CAGR (3Y) | +229.0% | - | - | - |
| Profitability & leverage | ||||
| Net income margin | +7.9% | +10.1% | +9.2% | +0.8% |
| Return on capital employed | +31.9% | +50.5% | +47.7% | +9.5% |
| Return on net worth | +42.0% | +94.1% | +142.6% | +23.4% |
| Debt / equity | 0.85 | 1.70 | 3.07 | 7.55 |
| Long-term debt / equity | 0.25 | 0.52 | 0.84 | 1.87 |
| Interest cover | 15.30 | 15.48 | 10.40 | 127.82 |
| Efficiency & per share | ||||
| Fixed asset turnover | 9.85 | 8.58 | 11.13 | 10.31 |
| Inventory turnover | 6.71 | 4.94 | 6.17 | 4.60 |
| Debtors turnover | 8.28 | 7.49 | 11.01 | 29.09 |
| EPS (₹) | 28.09 | 19.38 | 297.09 | 14.04 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 107.08 | 30.42 | 357.02 | 59.98 |
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 290 | 333 | 612 | 717 | 555 | 378 | 585 | 487 |
| Revenue growth (YoY) | -47.7% | -11.8% | +4.7% | +47.2% | -5.9% | +20.9% | - | - |
| Other income | 24.67 | 19.46 | 48.84 | 38.95 | 16.86 | 11.83 | 26.46 | 2.19 |
| Total expenses | 286 | 336 | 632 | 692 | 559 | 369 | 469 | 462 |
| EBITDA | 4.15 | (2.76) | (19.69) | 24.64 | (3.46) | 9.04 | 116 | 24.85 |
| EBITDA margin | +1.4% | -0.8% | -3.2% | +3.4% | -0.6% | +2.4% | +19.8% | +5.1% |
| Depreciation | 3.56 | 3.87 | 7.54 | 3.06 | 3.13 | 3.50 | 3.37 | 3.36 |
| Interest | 6.71 | 3.69 | 6.34 | 8.22 | 4.80 | 5.83 | 9.17 | 7.46 |
| Profit before tax | 18.55 | 9.14 | 15.27 | 52.31 | 5.47 | 11.54 | 130 | 16.22 |
| Tax | 5.03 | 2.28 | 3.82 | 13.55 | 2.04 | 3.40 | 33.87 | 4.39 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|---|
| Revenue | 2,262 | 1,974 | 1,090 | 609 | 480 | 154 |
| Revenue growth | +14.6% | +81.1% | +79.1% | +26.8% | +212.0% | - |
| Other income | 116 | 59.02 | 10.01 | 9.04 | 0.35 | 0.20 |
| Total expenses | 2,251 | 1,785 | 940 | 592 | 463 | 144 |
| Employee cost | 0.00 | 0.00 | 15.52 | 10.13 | 7.68 | 3.59 |
| EBITDA | 11.20 | 190 | 150 | 16.83 | 16.73 | 10.07 |
| EBITDA margin | +0.5% | +9.6% | +13.8% | +2.8% | +3.5% | +6.6% |
| Depreciation | 17.22 | 12.29 | 10.64 | 6.62 | 2.47 | 2.29 |
| Interest | 25.20 | 27.08 | 15.12 | 12.57 | 6.35 | 3.53 |
| Profit before tax | 85.26 | 209 | 134 | 6.68 | 8.26 | 4.45 |
| Tax | 22.98 | 53.51 | 34.02 | 1.92 | 2.31 | 1.29 |
| Net profit | 65.05 | 156 | 100 | 4.75 | 5.95 | 3.16 |
| Net profit margin | +2.9% | +7.9% | +9.2% | +0.8% | +1.2% | +2.1% |
| EPS (₹) | 5.19 | 14.00 | 296.70 | 14.08 | 17.64 | 9.35 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|---|
| Equity & liabilities | ||||||
| Share capital | 25.42 | 22.41 | 3.38 | 3.38 | 3.38 | 3.38 |
| Reserves & surplus | 979 | 256 | 117 | 16.91 | 12.24 | 14.39 |
| Shareholders' funds (net worth) | 1,005 | 279 | 121 | 20.29 | 15.62 | 17.77 |
| Secured loans | 90.86 | 134 | 186 | 110 | 82.45 | 24.06 |
| Unsecured loans | 75.96 | 26.87 | 40.61 | 43.04 | 29.51 | 19.52 |
| Total debt | 167 | 161 | 227 | 153 | 112 | 43.58 |
| Total liabilities | 1,180 | 451 | 358 | 185 | 133 | 61.44 |
| Assets | ||||||
| Gross block | 82.22 | 88.08 | 63.96 | 53.51 | 34.78 | 36.60 |
| Net block | 43.38 | 59.80 | 53.29 | 50.04 | 32.19 | 29.18 |
| Capital work in progress | 0.00 | 0.00 | 1.23 | 0.00 | 0.00 | 0.00 |
| Investments | 645 | 0.27 | 10.03 | 0.00 | 0.00 | 2.65 |
| Inventories | 207 | 185 | 213 | 132 | 128 | 21.02 |
| Sundry debtors | 316 | 385 | 184 | 20.92 | 10.92 | 11.98 |
| Cash & bank balances | 15.01 | 5.21 | 14.57 | 11.20 | 0.16 | 1.49 |
| Loans & advances | 251 | 171 | 114 | 41.73 | 50.17 | 20.79 |
| Total current assets | 789 | 746 | 526 | 206 | 189 | 55.28 |
| Total current liabilities | 308 | 362 | 246 | 78.33 | 94.29 | 24.27 |
| Net working capital | 481 | 383 | 280 | 128 | 94.51 | 31.01 |
| Total assets | 1,180 | 451 | 358 | 185 | 133 | 61.44 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|---|
| Opening cash | 3.55 | 10.16 | 11.20 | 0.09 | 1.49 | 0.18 |
| Net cash from operating activities | 2.26 | 87.72 | 14.19 | (2.54) | (57.25) | 15.69 |
| Net cash from investing activities | (643) | 3.47 | (67.27) | (18.40) | 0.86 | (3.46) |
| Net cash from financing activities | 644 | (97.80) | 52.05 | 32.05 | 54.99 | (11.11) |
| Net change in cash | 2.61 | (6.61) | (1.04) | 11.11 | (1.40) | 1.12 |
| Closing cash | 15.01 | 5.21 | 14.57 | 11.20 | 0.16 | 1.49 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|---|
| Growth | ||||||
| Sales growth | +14.6% | +81.1% | +79.1% | +26.8% | +212.0% | - |
| EBITDA growth | -94.1% | +26.5% | +791.6% | +0.6% | +66.1% | - |
| PBT growth | -59.3% | +55.9% | +1910.6% | -19.1% | +85.6% | +9997.0% |
| Net income growth | -58.3% | +55.5% | +2011.4% | -20.2% | +88.3% | - |
| Revenue CAGR (3Y) | +54.9% | +60.2% | +92.1% | - | - | - |
| EBITDA CAGR (3Y) | -11.2% | +125.2% | +146.1% | - | - | - |
| Profitability & leverage | ||||||
| Net income margin | +2.8% | +7.9% | +9.2% | +0.8% | +1.2% | +2.1% |
| Return on capital employed | +13.6% | +58.7% | +55.1% | +12.1% | +15.0% | +13.0% |
| Return on net worth | +9.7% | +78.1% | +142.4% | +26.5% | +35.7% | +17.8% |
| Debt / equity | 0.26 | 0.97 | 2.70 | 7.38 | 4.66 | 2.45 |
| Long-term debt / equity | 0.03 | 0.13 | 0.49 | 1.54 | 1.26 | 1.39 |
| Interest cover | -473.03 | 15.83 | 10.84 | 123.11 | 44.53 | 45.37 |
| Efficiency & per share | ||||||
| Fixed asset turnover | 26.57 | 25.97 | 18.56 | 13.79 | 13.45 | 4.20 |
| Inventory turnover | 11.55 | 9.92 | 6.31 | 4.69 | 6.46 | 7.32 |
| Debtors turnover | 6.45 | 6.94 | 10.63 | 38.23 | 41.92 | 12.84 |
| EPS (₹) | 4.90 | 13.92 | 296.70 | 14.08 | 17.64 | 9.35 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 79.03 | 24.88 | 356.70 | 60.04 | 46.20 | 52.57 |
To see the full year-wise statements and ratios of Saatvik Green Energy Limited, buy the company report.
Board of directors of Saatvik Green Energy Limited
Saatvik Green Energy has 6 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Manik Garg Also directs: Saatvik Solar Industries Private Limited, Kamla Hi-Tech LLP, Saatvik Agro Processors Private Limited and 5 more | Managing Director | 15 Jan 2022 | 4 Years 10 Months | Current |
| Neelesh Garg Also directs: Saatvik Solar Industries Private Limited, Kamla Hi-Tech LLP, Saatvik Agro Processors Private Limited and 5 more | Managing Director | 02 Nov 2015 | 11 Years 0 Months | Current |
| Ritu Lal Also directs: Eos Innovations LLP, Twoacres Agritech Private Limited, Apriori Solutions Private Limited and 1 more | Director | 11 Dec 2025 | 0 Years 11 Months | Current |
| Manavika Garg | Director | 24 Sep 2024 | 2 Years 1 Months | Current |
| Sudhir Kumar Bassi Also directs: Innova Captab Limited | Director | 24 Oct 2024 | 2 Years 0 Months | Current |
| Narendra Mairpady Also directs: Kesar Enterprises Limited, Ipca Laboratories Limited, Equippp Social Impact Technologies Limited and 5 more | Director | 24 Oct 2024 | 2 Years 0 Months | Current |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Jul 2026 | 101386041 | Axis Bank Limited | ₹14.29 Cr | Open | |
| 11 Nov 2025 | 101194044 | Hdfc Bank Limited | ₹1.19 Cr | Open | |
| 30 Oct 2025 | 101182161 | Others | ₹100 Cr | Open | |
| 26 Sep 2024 | 100988610 | Others | ₹25 Cr | Open | |
| 27 Aug 2024 | 100991063 | Hdfc Bank Limited | ₹20.4 Lakh | Open |
To see the full charge records of Saatvik Green Energy Limited, buy the company report.
Total charge records: 16 View all charges
Deals & funding
Saatvik Green Energy Limited has 10 deals on record (7 secondary share transfers, 2 rights issues, 1 ipo); the latest was in September 2025.
Deals on record (5 of 10)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2025 | IPO | ₹700.43 Cr | Investors: 3P India Equity Fund 1, Sbi General Insurance Company Limited , 360 One Equity Opportunity Fund Seller: 2 individuals |
| Oct 2024 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Oct 2024 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Oct 2024 | Rights issue | ₹35.5 Lakh | Investors: an individual |
| Sep 2024 | Secondary share transfer | Undisclosed | Buyer: Spg Trust Seller: an individual |
To see the full deal history of Saatvik Green Energy Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Saatvik Green Energy Limited has 5 court cases on record: 5 filed by Saatvik Green Energy. 2 cases are pending and 3 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 0 | 1 |
| District courts | 2 | 0 | 1 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Cuttack, Odisha | Arbitration matter | Filed by the company against Jindal Steel and Power Limited | Pending |
| High Court of Delhi | Writ petition | Filed by the company against NTPC Ltd & Anr. | Pending |
| District court, Cuttack, Odisha | Arbitration matter | Filed by the company against Jindal Steel and Power Ltd. and Another | Disposed |
| High Court of Delhi | Court case (O.M.P.(I) (COMM.)) | Filed by the company against Sunbreeze Renewables Nine Pvt. Ltd. and Anr | Disposed |
| High Court of Delhi | Writ petition | Filed by the company against Union of India and Anr | Disposed |
To see the full case history of Saatvik Green Energy Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Credit ratings & regulatory alerts
Saatvik Green Energy Limited was last rated by Crisil on 25 Aug 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 25 Aug 2021 |
To see the full credit ratings and regulatory alerts of Saatvik Green Energy Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Saatvik Green Energy Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Saatvik Green Energy has 13 GST registrations: 9 active and 4 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AAVCS8142B1Z6 | Haryana | Active | 01 Jul 2017 |
| 04AAVCS8142B2Z9 | Chandigarh | Active | 15 Apr 2022 |
| 33AAVCS8142B1Z9 | Tamil Nadu | Active | 20 Jul 2023 |
| 24AAVCS8142B1Z8 | Gujarat | Active | 01 Aug 2023 |
To see the full GST registrations and return filing status of Saatvik Green Energy Limited, buy the company report.
Recent activity
Saatvik Green Energy Limited has 18 board changes on record since 2015: 9 appointments and 9 cessations. The latest: Ritu Lal was appointed as Director on 11 Dec 2025.
35 earlier events are in the company report.
News
Frequently asked questions
Saatvik Green Energy is an active public limited company based in Ambala, Haryana, India. The company works in power epc, within the energy and power industry. It was incorporated on 29 May 2015 (11+ years old) and is registered under CIN L40106HR2015PLC075578. Listed on BSE: 544526 and NSE: SAATVIKGL.
Saatvik Green Energy reported revenue of ₹4,548.44 Cr for FY 2025-26 (up 110.7% YoY) based on consolidated financials.
Saatvik Green Energy has 6 current directors:
- Manik Garg - Managing Director
- Neelesh Garg - Managing Director
- Ritu Lal - Director
- Manavika Garg - Director
- Sudhir Kumar Bassi - Director
- Narendra Mairpady - Director
The latest financial statements of Saatvik Green Energy on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 14 July 2025. Year-wise statements from FY 2016 are in the company report.
The GSTIN of Saatvik Green Energy is 06AAVCS8142B1Z6, registered in Haryana. The company has 13 GST registrations in all, of which 9 are active and 4 are cancelled or inactive. Other active GSTINs include 04AAVCS8142B2Z9 (Chandigarh), 33AAVCS8142B1Z9 (Tamil Nadu), 24AAVCS8142B1Z8 (Gujarat).
The CIN (Corporate Identification Number) of Saatvik Green Energy is L40106HR2015PLC075578. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Saatvik Green Energy is a listed company as per MCA records. Its shares are listed on both BSE (code: 544526) and NSE (symbol: SAATVIKGL).
Saatvik Green Energy has 5 court cases on record: 5 filed by the company. 2 are pending. Most are in the high courts.
Saatvik Green Energy was incorporated on 29 May 2015, making it 11+ years old. It is registered with the Registrar of Companies, Haryana.
Saatvik Green Energy has 10 deals on record (7 secondary share transfers, 2 rights issues, 1 ipo); the latest was in September 2025.

