Saatvik Green Energy sees Q4 margin recovery on Odisha plant
In short
Saatvik Green Energy expects margins to improve from the fourth quarter of FY27 as its Odisha solar cell plant starts adding revenue. The company kept its FY27 guidance at ₹6,000 crore revenue and a 12% EBITDA margin, and said it has a 6.68 GW order book.
What the reporting says
Saatvik Green Energy expects margins to recover from the fourth quarter of FY27 as its Odisha solar cell manufacturing plant starts contributing to revenue. CEO Prashant Mathur said the company kept its FY27 guidance at ₹6,000 crore revenue and 12% EBITDA margin, supported by rising domestic cell demand, a 6.68 GW order book and ALMM-II compliant manufacturing. The update signals improving earnings visibility as the plant ramps up.
Why it matters
Saatvik Green Energy expects margins to recover from the fourth quarter of FY27 as its Odisha solar cell manufacturing plant begins contributing to revenue. CEO Prashant Mathur said the company maintained FY27 guidance of ₹6,000 crore revenue and a 12% EBITDA margin, backed by rising domestic cell demand, a 6.68 GW order book and ALMM-II compliant manufacturing. The update is relevant for investors tracking growth and margin expansion.