SJVN (SJVN) Q4 25/26 earnings summary
Event summary combining transcript, slides, and related documents.
Q4 25/26 earnings summary
15 May, 2026Executive summary
Annual audited standalone and consolidated financial statements for the year ended March 31, 2026, were approved, with a final dividend of ₹0.35 per share recommended, totaling ₹1.50 per share for FY 2025-26 including interim dividend.
The company operates primarily in the generation and sale of power, with significant developments in hydro and solar projects, and the commissioning of one unit of the Buxar Thermal Power Project.
Financial highlights
Standalone revenue from operations for FY 2025-26 was ₹3,544.52 crore, up from ₹2,897.25 crore year-over-year; consolidated revenue was ₹4,528.29 crore, up from ₹3,072.01 crore.
Standalone net profit for FY 2025-26 was ₹1,007.90 crore, compared to ₹970.18 crore last year; consolidated net profit was ₹641.85 crore, down from ₹818.02 crore.
Standalone EPS (basic & diluted) for the year was ₹2.56; consolidated EPS was ₹1.63.
Net worth as of March 31, 2026, stood at ₹14,708.20 crore (standalone) and ₹14,238.84 crore (consolidated).
Outlook and guidance
The company is actively pursuing resolution of regulatory and project-related uncertainties, including tariff orders and project implementation agreements.
Management expects the hold on Devasari Hydro Electric Project to be withdrawn and is addressing legal and regulatory challenges for other projects.
Latest events from SJVN
- Revenue mixed, profit steady, tariff and project holds persist, all debt covenants met.SJVN
Q1 26/27 - Strong revenue and profit growth, interim dividend declared, and major project milestones achieved.SJVN
Q3 25/26 - Stable revenue, strong margins, but profit fell amid project and regulatory uncertainties.SJVN
Q2 25/26 - Net profit declined year-over-year as new solar capacity boosted revenue and NCD funds were fully utilized.SJVN
Q1 25/26 - Revenue and profit rose year-over-year; dividend of ₹1.46/share declared; project risks persist.SJVN
Q4 24/25 - Profit and revenue surged on hydro and renewables, with expansion and regulatory risks ahead.SJVN
Q1 24/25 - Navratna status, higher profit, record hydro output, and robust project pipeline drive growth.SJVN
Q2 24/25 - Revenue, profit, and power generation rose YoY, with robust margins and interim dividend declared.SJVN
Q3 24/25