SJVN Limited

BSE: 533206 NSE: SJVN
SJVN Limited - environment in Shimla, Himachal Pradesh, India. FY 2026 financials & compliance.
CIN L40101HP1988GOI008409 Incorporated 24 May 1988 ROC Himachal Pradesh HQ Shimla, Himachal Pradesh, India
Active Listed - NSE: SJVN · BSE: 533206 Public Limited Union Government Company environment Nifty 500
Data last updated
Market Cap
₹20,592 Cr
SJVN · NSE
Share Price
₹53.39
+1.89% today
Revenue
₹4,540 Cr
FY 2025-26 · +47.3% YoY
EBITDA
₹3,346 Cr
Margin 73.7%
Net Profit
₹651 Cr
FY 2025-26 · -20.8% YoY
P/E (TTM)
31.3x
P/B 1.4x
ROE
4.5%
ROCE 5.5%
Debt / Equity
2.09
Interest cover 56.3x

About SJVN Limited

Data last updated:

SJVN Limited is a public limited union government company based in Shimla, Himachal Pradesh, India. It operates in the solar energy solutions segment of the environmental services sector. It was incorporated on 24 May 1988 and has been in existence for over 38 years.

SJVN is part of the Nifty 500 and BSE 500 indices.

The company is registered with the Registrar of Companies (ROC), Himachal Pradesh, under CIN L40101HP1988GOI008409. Its GSTIN is 02AAICS1307F1ZY (Himachal Pradesh). The company holds 15 GST registrations, of which 11 are active. It is a listed company as per MCA records. Its shares are listed on BSE: 533206 and NSE: SJVN.

The company has an authorised share capital of ₹7,000 Cr and a paid-up capital of ₹3,929.8 Cr. It was formerly known as Satluj Jal Vidyut Nigam Limited and Nathpa Jhakri Power Corporation Limited. It is led by directors including Bhupender Gupta (Managing Director) and Ajay Kumar Sharma (Whole-Time Director).

Its last annual general meeting (AGM) was held on 25 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Sjvn Corporate Offcie Complex Shanan, Shimla, Himachal Pradesh, India – 171006.

As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹4,540.13 Cr, a growth of 47.3% compared to the previous year. For the same year it recorded a net profit of ₹650.54 Cr (net margin 14.3%) and EBITDA of ₹3,345.95 Cr (EBITDA margin 73.7%). The net worth stands at ₹14,239 Cr (up 0.4% YoY). Total assets are valued at ₹47,748 Cr (up 13% YoY).

The company has about 1,046 employees on its provident fund (EPFO) records. Its group structure includes 2 subsidiaries and 1 joint venture.

The company is associated with 1 brand: SJVN. As per MCA filings, the company has open charges of ₹12,977 Cr and satisfied charges of ₹5,248.15 Cr on record. Court records list 994 cases involving the company, including 229 filed by the company and 765 filed against it; 359 cases are pending. The company has 10 deals on record (7 secondary share transfers, 2 market trades, 1 funding round), with disclosed funding of ₹40.94 Cr; the latest was in December 2023. Its 5 peer companies in the Cleantech industry (Hydro Power, Solar Power, Transmission and Distribution), with the same principal business activity (electric power generation, transmission and distribution) are compared by revenue, 4 larger and 1 smaller; the largest is Transmission Corporation of Telangana Limited with revenue of ₹3,447.86 Cr.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website sjvn.nic.in.

Company details

CIN L40101HP1988GOI008409
Registration Number 008409
Incorporation Date 24 May 1988
ROC Himachal Pradesh
Listing Status Listed - Listed on NSE (SJVN); Listed on BSE (533206)
Company Status Active
Date of Last AGM 25 September 2025
Date of Balance Sheet 31 March 2026
Compliance Status Active Compliant

Name history

SJVN has undergone 3 name changes throughout its history. The company was previously known as Satluj Jal Vidyut Nigam Limited, Nathpa Jhakri Power Corporation Limited, and Nathpa Jhakri Power Corporation Private Limited. The current legal name is Sjvn Limited.

Company NameStatus
SJVN LimitedCurrent
Satluj Jal Vidyut Nigam LimitedPrevious
Nathpa Jhakri Power Corporation LimitedPrevious
Nathpa Jhakri Power Corporation Private LimitedPrevious

CIN history

SJVN has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L40101HP1988GOI008409, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
L40101HP1988GOI008409Current
U40101HP1988GOI008409Previous
U40101HP1988PLC008409Previous
Key People
Bhupender Gupta Managing Director Ajay Kumar Sharma Whole-Time Director Parthajit De Whole-Time Director

Recognitions & Rankings of SJVN

Stock market indices
Nifty 500 BSE 500

Contact details

SJVN Limited's registered office is in Shimla, Himachal Pradesh. Its website is sjvn.nic.in. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    sjvn.nic.in
  • Social Media
  • Registered Address
    Sjvn Corporate Offcie Complex Shanan, Shimla, Himachal Pradesh, India – 171006
  • Industry
    Environment, Solar Energy Solutions, Hydroelectric Power Solutions, Wind Energy Solutions

To see the full contact details of SJVN Limited, buy the company report.

Comprehensive company report
SJVN Limited - one report that includes everything
  • 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included

Brands

SJVN operates one associated brand: SJVN. Each brand links to its own profile.

BrandDescriptionWebsite
SJVN
Government programs access and development services are provided.sjvn.nic.in

Business activity

The main business activity of SJVN is electricity, gas, steam and air condition supply. In detail, this covers electric power generation, transmission and distribution.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
DElectricity, gas, steam and air condition supplyD1Electric power generation, transmission and distribution

To see the full business activity and turnover split of SJVN Limited, buy the company report.

Financials of SJVN Limited

FY 2025-26 filings available

SJVN Limited reported revenue of ₹4,540.13 Cr (up 47.3% YoY) for FY 2025-26.

Financial Highlights

FY 2025-26 · Consolidated
Revenue
₹4,540 Cr
+47.3% YoY
EBITDA
₹3,346 Cr
+50.6% YoY
Profit After Tax
₹651 Cr
-20.8% YoY
Net Worth
₹14,239 Cr
+0.4% YoY
Total Assets
₹47,748 Cr
+13.0% YoY
Total Debt
₹32,278 Cr
+19.4% YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue4,5403,0822,5892,9462,4252,4912,710
Revenue growth+47.3%+19.1%-12.1%+21.5%-2.6%-8.1%-
EBITDA3,3462,2211,7832,2351,7671,5512,101
EBITDA margin+73.7%+72.1%+68.9%+75.9%+72.9%+62.3%+77.5%
Profit before tax1,2011,1121,1831,7381,3601,8561,972
Net profit6518218241,3891,0101,8801,417
Net profit margin+14.3%+26.7%+31.8%+47.2%+41.6%+75.5%+52.3%
EPS (₹)1.632.092.323.462.524.193.99
Balance sheet
Total assets47,74842,24935,66728,80521,35415,97715,221
Net worth14,23914,17914,07113,86013,17012,79112,051
Total debt32,27827,02520,32314,0596,9062,1742,238
Cash & bank2,5232,9633,7503,7312,9021,3062,335
Net working capital1,7202441,3721,3112,2081,3032,869
Cash flow
Cash from operations1,8602,4831,3101,6322,1381,9831,714
Cash from investing(3,481)(6,430)(5,502)(6,877)(6,132)(1,145)(94.69)
Cash from financing2,3853,9394,5025,5593,669(1,105)(1,345)
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue1,3941,4961,0821,0329175046711,026
Revenue growth (YoY)+52.0%+196.7%+61.3%+0.6%+5.4%---
Other income34.7660.2244.2878.7554.1452.0590.9192.32
EBITDA850910773860707241464828
EBITDA margin+60.9%+60.8%+71.5%+83.3%+77.0%+47.8%+69.2%+80.7%
Depreciation247494216171160275137133
Interest326522245315216159229198
Profit before tax311(46.64)357453385(142)189590
Tax86.1071.20132145157(13.79)40.16150
Net profit225(118)224308228(128)149440
EPS (₹)0.66(0.30)0.570.780.58(0.32)0.381.10
MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue3,5532,9042,5422,9432,4302,4962,715
Revenue growth+22.4%+14.3%-13.6%+21.1%-2.6%-8.1%-
EBITDA2,8472,1221,7492,2261,7701,5532,107
EBITDA margin+80.1%+73.1%+68.8%+75.6%+72.8%+62.2%+77.6%
Profit before tax1,6301,2961,1741,7321,3431,8401,959
Net profit1,0109728211,3939981,8671,408
Net profit margin+28.4%+33.5%+32.3%+47.4%+41.1%+74.8%+51.9%
EPS (₹)2.562.472.313.472.494.163.96
Balance sheet
Total assets26,04325,61224,45821,79919,49715,78315,140
Net worth14,70814,28214,03013,82213,12912,76212,034
Total debt10,55010,5199,6147,1525,5332,1732,236
Cash & bank1,2801,6442,0213,0302,8239432,212
Net working capital2,2612,2592,9133,4812,8371,3453,010
Cash flow
Cash from operations1,9602,1761,1391,5831,6502,0111,999
Cash from investing73.02(1,719)(2,171)(1,812)(4,259)(1,228)(440)
Cash from financing(1,693)(673)1,4563522,329(1,042)(1,345)
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue759934846942822446625995
Revenue growth (YoY)-7.7%+109.4%+35.4%-5.3%-1.1%---
Other income36.0312035.7612184.9513274.6391.55
Total expenses209203227164194210199191
EBITDA550731619778628236426804
EBITDA margin+72.4%+78.3%+73.2%+82.6%+76.4%+52.9%+68.2%+80.8%
Depreciation103290113115114108115116
Interest141310148269183199212159
Profit before tax34225139351541760.56174620
Tax94.8112614214315929.8434.27147

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 31 Oct 2026
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue1,3941,4961,0821,0329175046711,026
Revenue growth (YoY)+52.0%+196.7%+61.3%+0.6%+5.4%---
Other income34.7660.2244.2878.7554.1452.0590.9192.32
EBITDA850910773860707241464828
EBITDA margin+60.9%+60.8%+71.5%+83.3%+77.0%+47.8%+69.2%+80.7%
Depreciation247494216171160275137133
Interest326522245315216159229198
Profit before tax311(46.64)357453385(142)189590
Tax86.1071.20132145157(13.79)40.16150
Net profit225(118)224308228(128)149440
EPS (₹)0.66(0.30)0.570.780.58(0.32)0.381.10
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue4,5403,0822,5892,9462,4252,4912,710
Revenue growth+47.3%+19.1%-12.1%+21.5%-2.6%-8.1%-
Other income195310440348222741599
Total expenses1,194861806711658940610
Employee cost313305296287291317308
EBITDA3,3462,2211,7832,2351,7671,5512,101
EBITDA margin+73.7%+72.1%+68.9%+75.9%+72.9%+62.3%+77.5%
Depreciation1,042676557396404393384
Interest1,29874348244922642.27344
Profit before tax1,2011,1121,1831,7381,3601,8561,972
Tax559294272378370211405
Net profit6518218241,3891,0101,8801,417
Net profit margin+14.3%+26.7%+31.8%+47.2%+41.6%+75.5%+52.3%
EPS (₹)1.632.092.323.462.524.193.99
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital3,9303,9303,9303,9303,9303,9303,930
Reserves & surplus10,30910,24910,1419,9309,2418,8618,121
Shareholders' funds (net worth)14,23914,17914,07113,86013,17012,79112,051
Minority interest10.3810.610.000.000.000.000.00
Secured loans21,97016,77010,9997,4191,671411273
Unsecured loans10,30810,2559,3246,6405,2351,7621,965
Total debt32,27827,02520,32314,0596,9062,1742,238
Total liabilities47,74842,24935,66728,80521,35415,97715,221
Assets
Gross block29,45616,55515,16512,16911,17510,90810,564
Net block23,45911,61010,9068,4897,8668,0078,051
Capital work in progress19,15526,41420,03315,6748,3694,2982,265
Investments51.9760.7036.8835.84275222195
Inventories13683.2781.8172.8062.7056.1949.55
Sundry debtors2,009286627277575522744
Cash & bank balances2,5232,9633,7503,7312,9021,3062,335
Loans & advances1,070726437737563915474
Total current assets5,7384,0584,8964,8184,1032,7993,603
Total current liabilities4,0183,8143,5253,5061,8951,496735
Net working capital1,7202441,3721,3112,2081,3032,869
Total assets47,74842,24935,66728,80521,35415,97715,221
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash33734535.50(279)45.5931239.08
Net cash from operating activities1,8602,4831,3101,6322,1381,9831,714
Net cash from investing activities(3,481)(6,430)(5,502)(6,877)(6,132)(1,145)(94.69)
Net cash from financing activities2,3853,9394,5025,5593,669(1,105)(1,345)
Net change in cash763(7.68)309314(325)(267)273
Closing cash2,5232,9633,7503,7312,9021,3062,335
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth+47.3%+19.1%-12.1%+21.5%-2.6%-8.1%-
EBITDA growth+50.7%+24.6%-20.2%+26.5%+14.0%-26.2%-
PBT growth+8.0%-6.1%-31.9%+27.8%-26.8%-5.8%+9.9%
Net income growth-20.8%-0.3%-40.7%+37.5%-46.3%+32.6%-
Revenue CAGR (3Y)+15.5%+8.3%+1.3%+2.8%-2.9%+3.7%+0.4%
EBITDA CAGR (3Y)+14.4%+7.9%+4.8%+2.1%-3.7%-3.1%-1.1%
Profitability & leverage
Net income margin+14.1%+26.5%+35.2%+46.1%+40.8%+66.1%+57.8%
Return on capital employed+5.6%+4.8%+5.2%+8.7%+8.5%+14.2%+15.7%
Return on net worth+4.5%+5.8%+6.5%+10.1%+7.6%+15.1%+13.5%
Debt / equity2.091.681.230.780.350.180.19
Long-term debt / equity1.891.631.180.720.310.160.17
Interest cover56.3348.1239.3524.4316.553.6520.05
Efficiency & per share
Fixed asset turnover0.200.190.190.250.220.230.26
Inventory turnover41.4137.3433.4943.4840.8047.1157.37
Debtors turnover3.966.755.736.924.423.935.31
EPS (₹)1.632.092.323.462.524.193.99
Dividend per share (₹)1.501.461.801.771.702.202.20
Book value per share (₹)36.2336.0835.8135.2733.5132.5530.67
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue759934846942822446625995
Revenue growth (YoY)-7.7%+109.4%+35.4%-5.3%-1.1%---
Other income36.0312035.7612184.9513274.6391.55
Total expenses209203227164194210199191
EBITDA550731619778628236426804
EBITDA margin+72.4%+78.3%+73.2%+82.6%+76.4%+52.9%+68.2%+80.8%
Depreciation103290113115114108115116
Interest141310148269183199212159
Profit before tax34225139351541760.56174620
Tax94.8112614214315929.8434.27147
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue3,5532,9042,5422,9432,4302,4962,715
Revenue growth+22.4%+14.3%-13.6%+21.1%-2.6%-8.1%-
Other income325355438363204722581
Total expenses707783793717661943608
Employee cost299305299295289321308
EBITDA2,8472,1221,7492,2261,7701,5532,107
EBITDA margin+80.1%+73.1%+68.8%+75.6%+72.8%+62.2%+77.6%
Depreciation632454534391404393384
Interest91072647946622642.27344
Profit before tax1,6301,2961,1741,7321,3431,8401,959
Tax622326266369366207402
Net profit1,0109728211,3939981,8671,408
Net profit margin+28.4%+33.5%+32.3%+47.4%+41.1%+74.8%+51.9%
EPS (₹)2.562.472.313.472.494.163.96
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital3,9303,9303,9303,9303,9303,9303,930
Reserves & surplus10,77810,35210,1009,8929,1998,8328,105
Shareholders' funds (net worth)14,70814,28214,03013,82213,12912,76212,034
Secured loans1,4811,2471,034567298411273
Unsecured loans9,0699,2738,5796,5865,2351,7611,963
Total debt10,55010,5199,6147,1525,5332,1732,236
Total liabilities26,04325,61224,45821,79919,49715,78315,140
Assets
Gross block13,08312,61712,16810,74710,60110,38410,075
Net block7,8157,9807,9827,1027,3127,4987,571
Capital work in progress3,5353,3632,7363,0292,2271,207945
Investments9,1668,8817,9315,9314,9223,4621,973
Inventories83.0383.2781.8172.8062.7056.1949.53
Sundry debtors1,299262613271575523745
Cash & bank balances1,2801,6442,0213,0302,8239432,212
Loans & advances1,1531,5441,4771,439660904639
Total current assets3,8143,5344,1934,8134,1212,4253,645
Total current liabilities1,5531,2741,2801,3311,2841,080636
Net working capital2,2612,2592,9133,4812,8371,3453,010
Total assets26,04325,61224,45821,79919,49715,78315,140
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash40.51257(168)(291)(11.58)24835.01
Net cash from operating activities1,9602,1761,1391,5831,6502,0111,999
Net cash from investing activities73.02(1,719)(2,171)(1,812)(4,259)(1,228)(440)
Net cash from financing activities(1,693)(673)1,4563522,329(1,042)(1,345)
Net change in cash341(216)425123(279)(260)213
Closing cash1,2801,6442,0213,0302,8239432,212
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth+22.4%+14.3%-13.6%+21.1%-2.6%-8.1%-
EBITDA growth+34.2%+21.3%-21.4%+25.8%+13.9%-26.3%-
PBT growth+25.8%+10.4%-32.2%+28.9%-27.0%-6.1%+9.3%
Net income growth+3.9%+18.4%-41.1%+39.7%-46.6%+32.6%-
Revenue CAGR (3Y)+6.5%+6.1%+0.6%+2.7%-2.9%+3.8%+0.4%
EBITDA CAGR (3Y)+8.6%+6.2%+4.0%+1.8%-3.7%-3.1%-1.0%
Profitability & leverage
Net income margin+28.4%+33.4%+35.7%+46.3%+40.2%+65.4%+57.4%
Return on capital employed+9.8%+8.1%+7.2%+10.7%+8.9%+14.2%+15.7%
Return on net worth+7.0%+6.9%+6.5%+10.1%+7.6%+15.1%+13.4%
Debt / equity0.730.710.600.470.300.180.19
Long-term debt / equity0.550.670.550.420.260.160.17
Interest cover41.1043.5739.4225.4216.523.6419.98
Efficiency & per share
Fixed asset turnover0.280.230.220.280.230.240.27
Inventory turnover42.7435.1932.8843.4440.8947.2257.48
Debtors turnover4.556.645.756.964.433.945.31
EPS (₹)2.562.472.313.472.494.163.96
Dividend per share (₹)1.501.461.801.771.702.202.20
Book value per share (₹)37.4336.3435.7035.1733.4132.4730.62

To see the full year-wise statements and ratios of SJVN Limited, buy the company report.

Board of directors of SJVN Limited

SJVN has 6 current directors and 68 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Shubh Karan SinghNominee Director12 Sep 20251 Years 1 MonthsCurrent
Bhupender Gupta
Also directs: SJVN Thermal Private Limited, NHPC Limited, NHDC Limited and 1 more
Managing Director01 May 20251 Years 5 MonthsCurrent
Ajay Kumar Sharma
Also directs: SJVN Thermal Private Limited, Sgel Assam Renewable Energy Limited, SJVN Green Energy Limited and 1 more
Whole-Time Director26 Sep 20242 Years 1 MonthsCurrent
Parthajit De
Also directs: Loktak Downstream Hydroelectric Corporation Limited
Whole-Time Director19 Mar 20260 Years 7 MonthsCurrent
Rajesh Kumar ChandelWhole-Time Director11 Jun 20260 Years 4 MonthsCurrent
Diwakar Nath Misra
Also directs: NHPC Limited, Goods and Services Tax Network
Nominee Director14 May 20260 Years 5 MonthsCurrent
View all directors

Peer comparison

SJVN Limited is compared with the 5 companies closest to it by revenue in the Cleantech industry (Hydro Power, Solar Power, Transmission and Distribution), with the same principal business activity (electric power generation, transmission and distribution), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
SJVN Limitedthis company₹4,540.13 Cr (FY 2026)₹650.54 Cr14.3%47.3%1,046Shimla, Himachal Pradesh, India
Transmission Corporation of Telangana Limited₹3,447.86 Cr (FY 2024)-2.0%Hyderabad, Telangana, India
Adani Green Energy Twenty Three Limited₹3,445 Cr (FY 2025)-8.0%Ahmedabad, Gujarat, India
Essel Mining & Industries Ltd.₹3,429.39 Cr (FY 2025)30.0%Kolkata, West Bengal, India
Kanpur Electricity Supply Company Limited₹3,380.94 Cr (FY 2025)1.0%Uttar Pradesh, India
Transmission Corporation of Andhra Pradesh Limited₹3,251.21 Cr (FY 2024)0.0%Vijayawada, Andhra Pradesh, India

To see the full peer comparison of SJVN Limited, buy the company report.

Auditor

SJVN Limited is audited by APT & Co. LLP for the financial year 2023.

Auditor firmFinancial yearFirm registration number
APT & Co. LLPFY 2023014621C/N500088

Shareholding

Shareholding for the quarter ended Sep 2026: promoters hold 81.80%, foreign institutional investors hold 2.80%, domestic institutional investors hold 3.70% and retail and other public shareholders hold 11.70%.

Promoters: 81.80%DII (Domestic Institutional): 3.70%FII (Foreign Institutional): 2.80%Retail & Others: 11.70%
Sep 2026
QUARTER
81.80% Promoters
3.70% DII (Domestic Institutional)
2.80% FII (Foreign Institutional)
11.70% Retail & Others
Promoter holding - history
Now 81.80% · Sep 2026High 81.80% · Dec 2025Low 81.80% · Dec 2025
80%80.8%81.5%82.3%83%Dec 2025Mar 2026Jun 2026Sep 2026Dec 2025: 81.80%Mar 2026: 81.80%Jun 2026: 81.80%Sep 2026: 81.80%81.80%81.80%
Shareholding trend - last 6 quarters
Sep 2026Jun 2026Mar 2026Dec 2025
Promoters81.80%81.80%81.80%81.80%
Public18.20%18.20%18.20%18.20%

Charges & borrowings

Open charges
₹12,977 Cr
Satisfied charges
₹5,248.15 Cr
Breakdown by lending institutions
Others₹9,172.18 Cr
Sbicap Trustee Company Limited₹1,637.00 Cr
Uco Bank₹1,078.63 Cr
State Bank of India₹1,073.95 Cr
Axis Bank Limited₹15.00 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
29 May 2026101308333State Bank of India₹1,024.2 CrOpen
20 May 2026101306089Others₹2,520 CrOpen
01 Aug 2025101144798Uco Bank₹1,078.63 CrOpen
22 Apr 2024100919717Others₹2,104.68 CrOpen
19 Jan 2024100862692Others₹2,053.5 CrOpen

To see the full charge records of SJVN Limited, buy the company report.

Total charge records: 35 View all charges

Deals & funding

SJVN Limited has 10 deals on record (7 secondary share transfers, 2 market trades, 1 funding round), with disclosed funding of ₹40.94 Cr; the latest was in December 2023.

Total deals
10
Secondary share transfers
7
Market trades
2
Funding round
1
Disclosed funding
₹40.94 Cr

Deals on record (5 of 10)

WhenDealAmountParties
Dec 2023Market trade₹42.48 CrBuyer: Blackrock Global Funds
Seller: an individual
Sep 2023Secondary share transferUndisclosedSeller: President of India
Sep 2019Secondary share transferUndisclosedBuyer: Icici Lombard General Insurance Company Limited , Others - SVJN Limited, Sbi Equity Hybrid Fund, an individual
Seller: Wellington Global Perspectives Fund, President of India, SBI Magnum Balanced Fund and SBI Blue Chip Fund, an individual
Sep 2018Secondary share transferUndisclosedBuyer: Others - SVJN Limited, Icici Lombard General Insurance Company Limited , SBI Magnum Balanced Fund and SBI Blue Chip Fund
Seller: President of India, Life Insurance Corporation Of India, Icici Prudential Life Insurance Company Limited
Sep 2010Secondary share transferUndisclosedBuyer: Others - SVJN Limited, Life Insurance Corporation Of India, Icici Prudential Life Insurance Company Limited
Seller: SJVN Limited IPO Offer For Sale, President of India

To see the full deal history of SJVN Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

Credit ratings & regulatory alerts

SJVN Limited was last rated by Care on 13 Jul 2026.

Rating agencyRated onRating
Care13 Jul 2026

To see the full credit ratings and regulatory alerts of SJVN Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for SJVN Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Group structure & subsidiaries

SJVN has 2 subsidiary companies and 1 joint venture. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.

2
Subsidiary companies
1
Joint ventures
Key subsidiaries
Company NameCINShares held
SJVN Thermal Private LimitedU31908BR2007PTC017646
SJVN Green Energy LimitedU40100HP2022GOI009237

To see the full group structure of SJVN Limited, buy the company report.

Employees & EPFO

SJVN Limited has a workforce of 1,046 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.

Employee count
1,046
Active EPFO establishments
1
Employee growth
-4.21%

GST

SJVN has 15 GST registrations: 11 active and 4 cancelled or inactive. The first 4 active GSTINs are listed below.

Total GSTINs
15
Active
11
Cancelled / inactive
4
GSTINStateStatusRegistered on
02AAICS1307F1ZYHimachal PradeshActive01 Jul 2017
05AAICS1307F1ZSUttarakhandActive01 Jul 2017
07AAICS1307F1ZODelhiActive01 Jul 2017
12AAICS1307F1ZXArunachal PradeshActive01 Jul 2017

To see the full GST registrations and return filing status of SJVN Limited, buy the company report.

Recent activity

SJVN Limited has 135 board changes on record since 1996: 73 appointments and 62 cessations. The latest: Rajesh Kumar Chandel was appointed as Whole-Time Director on 11 Jun 2026.

Appointed
Rajesh Kumar Chandel was appointed as Whole-Time Director.
Charges
A charge with State Bank Of India amounted to Rs. 1,024.20 Cr with Charge ID 101308333 was registered on 29 May 2026.
Charges
A charge with Others amounted to Rs. 2,520.00 Cr with Charge ID 101306089 was registered on 20 May 2026.
Appointed
Diwakar Nath Misra was appointed as Nominee Director.
Filing
Sjvn Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Himachal Pradesh.
Appointed
Parthajit De was appointed as Whole-Time Director.
Charges
A charge registered on 25 Jun 2021 via Charge ID 100474900 with State Bank Of India was fully satisfied on 11 Dec 2025.
Charges
A charge registered on 25 Jun 2021 via Charge ID 100474905 with State Bank Of India was fully satisfied on 11 Dec 2025.
Charges
A charge registered on 07 Jun 2021 via Charge ID 100470234 with State Bank Of India was fully satisfied on 11 Dec 2025.
Charges
A charge registered on 08 Apr 2021 via Charge ID 100472489 with State Bank Of India was fully satisfied on 11 Dec 2025.
AGM
Sjvn Limited last Annual general meeting of members was held on 25 Sep 2025 as per latest MCA records.
Appointed
Shubh Karan Singh was appointed as Nominee Director.

204 earlier events are in the company report.

News

SJVN: Q2 CONS NET PROFIT 6.6B RUPEES VS 3.1B (YOY)
30 Oct 2026 · Exchange Update
SJVN: Q2 REVENUE 22.44B RUPEES VS 10.3B (YOY)
30 Oct 2026 · Exchange Update
SJVN: Q2 EBITDA 15.84B RUPEES VS 8.6B (YOY); Q2 EBITDA MARGIN 70.6% VS 83.3% (YOY)
30 Oct 2026 · Exchange Update

Frequently asked questions

SJVN is an active public limited union government company based in Shimla, Himachal Pradesh, India. The company works in solar energy solutions, within the environment industry. It was incorporated on 24 May 1988 (38+ years old) and is registered under CIN L40101HP1988GOI008409. Listed on BSE: 533206 and NSE: SJVN.

SJVN reported revenue of ₹4,540.13 Cr for FY 2025-26 (up 47.3% YoY) based on consolidated financials.

SJVN has 6 current directors:

The latest financial statements of SJVN on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 25 September 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of SJVN is 02AAICS1307F1ZY, registered in Himachal Pradesh. The company has 15 GST registrations in all, of which 11 are active and 4 are cancelled or inactive. Other active GSTINs include 05AAICS1307F1ZS (Uttarakhand), 07AAICS1307F1ZO (Delhi), 12AAICS1307F1ZX (Arunachal Pradesh).

The CIN (Corporate Identification Number) of SJVN is L40101HP1988GOI008409. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Yes. SJVN is a listed company as per MCA records. Its shares are listed on both BSE (code: 533206) and NSE (symbol: SJVN).

SJVN has 994 court cases on record: 229 filed by the company and 765 filed against it. 359 are pending. Most are in the high courts.

SJVN was incorporated on 24 May 1988, making it 38+ years old. It is registered with the Registrar of Companies, Himachal Pradesh.

SJVN has 10 deals on record (7 secondary share transfers, 2 market trades, 1 funding round), with disclosed funding of ₹40.94 Cr; the latest was in December 2023.

The peers of SJVN by revenue are Transmission Corporation of Telangana Limited, Adani Green Energy Twenty Three Limited, Essel Mining & Industries Ltd, Kanpur Electricity Supply Company Limited, Transmission Corporation of Andhra Pradesh Limited, all in the Cleantech industry (Hydro Power, Solar Power, Transmission and Distribution), with the same principal business activity (electric power generation, transmission and distribution).