SJVN Limited Q4 FY25 earnings call summary

Earnings call of 30 May 2025, summarised by AI from the filing.

Total generation 10,647 million units in FY25 vs 8,489 million units in FY24, up 25.44% year-over-year.

Key takeaways

1. Generation Total generation 10,647 million units in FY25 vs 8,489 million units in FY24, up 25.44% year-over-year.
2. Capex Capex target ₹8,300 cr for FY26 and ₹12,000 cr for FY27; FY25 capex closed around ₹7,800 cr.
3. Risk Court cases with Himachal Pradesh government over three hydro projects; outcome uncertain.

Original filing on BSE

SJVN Limited Q1 FY27 results

As filed: Revenue ₹1,394 cr (+52% year on year), EBITDA ₹884 cr (+19% year on year), PAT ₹225 cr (−1% year on year), EBITDA margin 63.4% (−1,000 bps).

The Q1 FY27 score, against the company's own trend, is for premium members.

Earlier results and the share price after them

• Q4 FY26: Revenue ₹1,496 cr (+197% year on year), EBITDA ₹910 cr (+277% year on year), PAT −₹118 cr, EBITDA margin 60.8% (+1,000 bps). Score 45 of 100, In line with trend. Revenue and EBITDA growth were well above the company's own trend. EBITDA margin rose 1000 bps year on year. Profit fell 153% from last quarter. Share price after the results: −7.2% in 30 days (Nifty 500: −2.5%).
• Q3 FY26: Revenue ₹1,082 cr (+61% year on year), EBITDA ₹838 cr (+81% year on year), PAT ₹224 cr (+51% year on year), EBITDA margin 77.4% (+856 bps). Score 85 of 100, Above trend. Revenue and EBITDA growth were well above the company's own trend; profit growth was above it. EBITDA margin rose 856 bps year on year. Profit fell 27% from last quarter. Share price after the results: −4.0% in 30 days (Nifty 500: −9.9%).
• Q2 FY26: Revenue ₹1,032 cr (+1% year on year), EBITDA ₹860 cr (+4% year on year), PAT ₹308 cr (−30% year on year), EBITDA margin 83.3% (+253 bps). Score 43 of 100, In line with trend. Revenue growth was below the company's own trend; EBITDA and profit growth were in line with it. EBITDA margin rose 253 bps year on year. Share price after the results: −13.8% in 29 days (Nifty 500: +1.4%).
• Q1 FY26: Revenue ₹917 cr (+5% year on year), EBITDA ₹742 cr (+11% year on year), PAT ₹228 cr (−36% year on year), EBITDA margin 80.9% (+413 bps). Score 56 of 100, In line with trend. Revenue growth was below the company's own trend; EBITDA and profit growth were in line with it. EBITDA margin rose 413 bps year on year. Tax rate 37%. Revenue grew on the previous quarter, against its usual seasonal pattern. Share price after the results: +1.3% in 30 days (Nifty 500: +2.8%).
• Q4 FY25: Revenue ₹504 cr (+4% year on year), EBITDA ₹241 cr (+1% year on year), PAT −₹128 cr (−300% year on year), EBITDA margin 47.8% (−166 bps). Score 20 of 100, Below trend. Revenue and EBITDA growth were below the company's own trend; profit growth was well below it. EBITDA margin fell 166 bps year on year. Revenue fell 25% from last quarter. Share price after the results: −8.6% in 30 days (Nifty 500: +0.3%).
• Q3 FY25: Revenue ₹671 cr (+24% year on year), EBITDA ₹462 cr (+26% year on year), PAT ₹149 cr (+7% year on year), EBITDA margin 68.9% (+108 bps). Score 54 of 100, In line with trend. Revenue and EBITDA growth were above the company's own trend; profit growth was below it. EBITDA margin rose 108 bps year on year. Other income 47% of PBT. Revenue fell 35% from last quarter.
• Q2 FY25: Revenue ₹1,026 cr (+17% year on year), EBITDA ₹829 cr (+17% year on year), PAT ₹440 cr (0% year on year), EBITDA margin 80.8% (+39 bps). Score 53 of 100, In line with trend. EBITDA margin rose 39 bps year on year. Not enough history for a trend yet: scored on growth alone.

Past price moves after results do not indicate future moves. Not a recommendation.

SJVN Limited earnings call, investor presentation and press release summaries

• Q4 FY26: Earnings call (15 May 2026)
• Q2 FY26: Earnings call (10 Nov 2025)
• Q4 FY25: Earnings call (30 May 2025)
• Q3 FY25: Results deck (3 Apr 2025)