SJVN Ltd.
SJVNUtilities filings
We hold this company’s filings and have not read the financial statements out of them yet. Every filing on record is listed under filings, and each one opens.
Earnings calls
22 transcript(s)/analyst meet(s) served; 6 document(s) on file are not transcripts (cover letters, duplicates, unresolved) and are excluded. Speaker attribution is shown only where the segmenter attributes ≥ 95% of sentences to management or analysts (3 of 22 documents here); elsewhere sentences render unattributed.
| Kind | Date | Period | Served | Attribution rate |
|---|---|---|---|---|
| TRANSCRIPT | 20200901 | 2020-06-30 | yes | |
| COVER_LETTER | 20201106 | 2020-09-30 | no | |
| TRANSCRIPT | 20201116 | 2020-09-30 | yes | |
| COVER_LETTER | 20210215 | 2020-12-31 | no | |
| TRANSCRIPT | 20210218 | 2020-12-31 | yes | |
| TRANSCRIPT | 20210709 | 2021-06-30 | yes | |
| TRANSCRIPT | 20210819 | 2021-06-30 | yes | |
| TRANSCRIPT | 20211122 | 2021-09-30 | yes | |
| TRANSCRIPT | 20220216 | 2021-12-31 | yes | |
| TRANSCRIPT | 20220530 | 2022-03-31 | yes | |
| TRANSCRIPT | 20220817 | 2022-06-30 | yes | |
| TRANSCRIPT | 20221118 | 2022-09-30 | yes | |
| TRANSCRIPT | 20230210 | 2022-12-31 | yes | |
| TRANSCRIPT | 20230525 | 2023-03-31 | yes | |
| TRANSCRIPT | 20230817 | 2023-06-30 | yes | |
| TRANSCRIPT | 20240531 | 2024-03-31 | yes | |
| TRANSCRIPT | 20240820 | 2024-06-30 | yes | |
| DUPLICATE | 20240820 | 2024-06-30 | no | |
| TRANSCRIPT | 20241107 | 2024-09-30 | yes | |
| DUPLICATE | 20241107 | 2024-09-30 | no | |
| TRANSCRIPT | 20250217 | 2024-12-31 | yes | |
| TRANSCRIPT | 20250602 | 2025-03-31 | yes | |
| TRANSCRIPT | 20251113 | 2025-09-30 | yes | |
| DUPLICATE | 20251113 | 2025-09-30 | no | |
| TRANSCRIPT | 20260521 | 2026-03-31 | yes | |
| DUPLICATE | 20260521 | 2026-03-31 | no |
SJVN
files the standard Schedule III statements. Every figure below opens to the filing it was read from; where a figure is not shown, the reason is printed in its place.
Identity
| Statement division | general |
| Scope served | consolidated |
| Panels on this page | 4 |
Market
No split, bonus or consolidation is on record for this company inside the period this price series covers, so the closes need no adjustment.
| Last close | 62.24 |
| 52-week range | 62.24 – 92.44 |
| Return 1M | -5.5% |
| Return 3M | -13.66% |
| Return 1Y | -32.67% |
| Return 3Y | -10.83% |
| Return 5Y | 131.38% |
| Market capitalisation | not shown — we could not confirm it |
| Shares outstanding | not shown — we could not confirm it |
| P/E | not shown — we could not confirm it |
| P/B | not shown — we could not confirm it |
| EV/EBITDA | not shown — we could not confirm it |
Latest quarter filed — period ending 2026-06-30
In INR crore except per-share figures. `period_id` is the period the filing names for the number; the date beside each cell is when it was filed.
| Revenue from operations | 1,394.00 |
| Other income | 34.00 |
| Total income | 1,429.00 |
| Cost of materials consumed | 243.00 |
| Purchases of stock-in-trade | 0.00 |
| Changes in inventories | 0.00 |
| Employee benefit expense | 90.00 |
| Finance costs | 326.00 |
Ownership — 2026-06-30, and the change from 2026-03-31
| Holder | Per cent | Change |
|---|---|---|
| promoter and promoter group | 0.82 | 0.00 |
| institutions foreign | 0.03 | 0.00 |
| institutions domestic | 0.04 | -0.00 |
| mutual funds | 0.01 | -0.00 |
| public | 0.18 | 0.00 |
Documents on file
| Class | Most recent | On file |
|---|---|---|
| COVER_LETTER | 2020-12-31 | 2 |
| DUPLICATE | 2026-03-31 | 4 |
| TRANSCRIPT | 2026-03-31 | 20 |
Financial statements
Filed results, consolidated, in INR crore except per-share figures. Every figure opens to the filing it was read from. Quarterly and annual columns are the periods the filing itself names, never a document date.
Quarterly results, as filed
| Line | 2022-09-30 | 2022-12-31 | 2023-03-31 | 2023-06-30 | 2023-09-30 | 2023-12-31 | 2024-03-31 | 2024-06-30 | 2024-09-30 | 2024-12-31 | 2025-03-31 | 2025-06-30 | 2025-09-30 | 2025-12-31 | 2026-03-31 | 2026-06-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from operations | 878.00 | 552.00 | 504.00 | 675.00 | 878.00 | 543.00 | 483.00 | 870.00 | 1,026.00 | 671.00 | 504.00 | 917.00 | 1,032.00 | 1,082.00 | 1,496.00 | 1,394.00 |
| Other income | 38.00 | 159.00 | 79.00 | 70.00 | 73.00 | 64.00 | 90.00 | 88.00 | 82.00 | 90.00 | 44.00 | 54.00 | 46.00 | 42.00 | 52.00 | 34.00 |
| Total income | 916.00 | 711.00 | 583.00 | 744.00 | 952.00 | 608.00 | 573.00 | 958.00 | 1,108.00 | 761.00 | 549.00 | 972.00 | 1,078.00 | 1,124.00 | 1,548.00 | 1,429.00 |
| Cost of materials consumed | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 213.00 | 243.00 |
| Purchases of stock-in-trade | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Changes in inventories | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Employee benefit expense | 74.00 | 70.00 | 60.00 | 68.00 | 63.00 | 65.00 | 99.00 | 80.00 | 72.00 | 79.00 | 73.00 | 75.00 | 78.00 | 67.00 | 93.00 | 90.00 |
| Finance costs | 117.00 | 105.00 | 49.00 | 90.00 | 124.00 | 122.00 | 121.00 | 143.00 | 198.00 | 222.00 | 159.00 | 216.00 | 315.00 | 245.00 | 522.00 | 326.00 |
| Depreciation and amortisation | 105.00 | 105.00 | 86.00 | 101.00 | 102.00 | 112.00 | 242.00 | 131.00 | 133.00 | 137.00 | 275.00 | 160.00 | 171.00 | 216.00 | 494.00 | 247.00 |
| Other expenses | 92.00 | 101.00 | 134.00 | 104.00 | 109.00 | 109.00 | 144.00 | 123.00 | 125.00 | 129.00 | 190.00 | 100.00 | 94.00 | 177.00 | 282.00 | 177.00 |
| Total expenses | 388.00 | 382.00 | 329.00 | 363.00 | 398.00 | 409.00 | 607.00 | 476.00 | 529.00 | 567.00 | 698.00 | 551.00 | 658.00 | 705.00 | 1,603.00 | 1,084.00 |
| Profit before exceptional items and tax | 528.00 | 329.00 | 254.00 | 382.00 | 553.00 | 198.00 | -33.00 | 482.00 | 580.00 | 193.00 | -149.00 | 420.00 | 420.00 | 419.00 | -55.00 | 345.00 |
| Exceptional items | 0.00 | -18.00 | -12.00 | 0.00 | 0.00 | -25.00 | 104.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit before tax | 528.00 | 312.00 | 242.00 | 382.00 | 553.00 | 173.00 | 70.00 | 482.00 | 580.00 | 193.00 | -149.00 | 420.00 | 420.00 | 419.00 | -55.00 | 345.00 |
| Current tax | 92.00 | 54.00 | 55.00 | 66.00 | 96.00 | 29.00 | 13.00 | 83.00 | 108.00 | 33.00 | 2.00 | 77.00 | 85.00 | 80.00 | 104.00 | 87.00 |
| Deferred tax | 39.00 | 6.00 | 40.00 | 26.00 | 33.00 | 15.00 | -16.00 | 21.00 | 42.00 | 8.00 | -15.00 | 79.00 | 60.00 | 53.00 | -33.00 | -1.00 |
| Tax expense | 131.00 | 60.00 | 95.00 | 91.00 | 129.00 | 44.00 | -3.00 | 105.00 | 150.00 | 40.00 | -14.00 | 157.00 | 145.00 | 132.00 | 71.00 | 86.00 |
| Profit for the period | 445.00 | 287.00 | 17.00 | 272.00 | 440.00 | 139.00 | 61.00 | 357.00 | 440.00 | 149.00 | -128.00 | 228.00 | 308.00 | 224.00 | -118.00 | 225.00 |
| Profit attributable to owners | — | — | 17.00 | — | — | — | — | — | 441.00 | 149.00 | -128.00 | 228.00 | 308.00 | 224.00 | -118.00 | 225.00 |
| Profit attributable to non-controlling interests | — | — | 0.00 | — | — | — | — | — | -1.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | 0.00 | -0.00 |
| Other comprehensive income | -0.00 | -0.00 | -1.00 | -0.00 | -1.00 | -0.00 | -3.00 | -1.00 | -1.00 | -1.00 | -8.00 | -3.00 | -3.00 | -3.00 | 1.00 | -3.00 |
| Total comprehensive income | 445.00 | 287.00 | 16.00 | 271.00 | 439.00 | 139.00 | 58.00 | 356.00 | 439.00 | 148.00 | -135.00 | 225.00 | 305.00 | 221.00 | -117.00 | 222.00 |
| Earnings per share, basic | 1.13 | 0.73 | 0.04 | 0.69 | 1.12 | 0.35 | 0.16 | 0.91 | 1.12 | 0.38 | -0.32 | 0.58 | 0.78 | 0.57 | -0.30 | 0.57 |
| Earnings per share, diluted | 1.13 | 0.73 | 0.04 | 0.69 | 1.12 | 0.35 | 0.16 | 0.91 | 1.12 | 0.38 | -0.32 | 0.58 | 0.78 | 0.57 | -0.30 | 0.57 |
Annual results, as filed
| Line | 2020-03-31 | 2021-03-31 | 2022-03-31 | 2023-03-31 | 2024-03-31 | 2025-03-31 | 2026-03-31 |
|---|---|---|---|---|---|---|---|
| Revenue from operations | 2,697.00 | 2,485.00 | 2,417.00 | 2,938.00 | 2,579.00 | 3,072.00 | 4,528.00 |
| Other income | 401.00 | 737.00 | 218.00 | 344.00 | 298.00 | 304.00 | 195.00 |
| Total income | 3,097.00 | 3,223.00 | 2,635.00 | 3,282.00 | 2,877.00 | 3,376.00 | 4,723.00 |
| Cost of materials consumed | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 287.00 |
| Purchases of stock-in-trade | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Changes in inventories | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Employee benefit expense | 308.00 | 317.00 | 291.00 | 287.00 | 296.00 | 305.00 | 313.00 |
| Finance costs | 268.00 | -3.00 | 161.00 | 415.00 | 457.00 | 743.00 | 1,298.00 |
| Depreciation and amortisation | 384.00 | 393.00 | 404.00 | 396.00 | 557.00 | 676.00 | 1,042.00 |
| Other expenses | 364.00 | 369.00 | 400.00 | 421.00 | 467.00 | 546.00 | 579.00 |
| Total expenses | 1,324.00 | 1,077.00 | 1,256.00 | 1,519.00 | 1,777.00 | 2,271.00 | 3,519.00 |
| Profit before exceptional items and tax | 1,773.00 | 2,146.00 | 1,379.00 | 1,763.00 | 1,100.00 | 1,106.00 | 1,204.00 |
| Exceptional items | 0.00 | -293.00 | -23.00 | -30.00 | 79.00 | 0.00 | 0.00 |
| Profit before tax | 1,773.00 | 1,852.00 | 1,355.00 | 1,733.00 | 1,179.00 | 1,106.00 | 1,204.00 |
| Current tax | 478.00 | 320.00 | 233.00 | 315.00 | 204.00 | 226.00 | 346.00 |
| Deferred tax | -201.00 | 162.00 | 93.00 | 53.00 | 58.00 | 55.00 | 160.00 |
| Tax expense | 277.00 | 482.00 | 326.00 | 368.00 | 262.00 | 281.00 | 506.00 |
| Profit for the period | 1,661.00 | 1,646.00 | 990.00 | 1,359.00 | 911.00 | 818.00 | 642.00 |
| Profit attributable to owners | 1,656.00 | 1,646.00 | — | 1,359.00 | — | 820.00 | 642.00 |
| Profit attributable to non-controlling interests | 6.00 | 0.00 | — | 0.00 | — | -2.00 | -0.00 |
| Other comprehensive income | -18.00 | -2.00 | -2.00 | -2.00 | -5.00 | -11.00 | -8.00 |
| Total comprehensive income | 1,643.00 | 1,644.00 | 988.00 | 1,357.00 | 907.00 | 807.00 | 634.00 |
| Earnings per share, basic | 4.23 | 4.19 | 2.52 | 3.46 | 2.32 | 2.08 | 1.63 |
| Earnings per share, diluted | 4.23 | 4.19 | 2.52 | 3.46 | 2.32 | 2.08 | 1.63 |
Balance sheet, as filed
| Line | 2022-09-30 | 2023-03-31 | 2023-09-30 | 2024-03-31 | 2024-09-30 | 2025-03-31 | 2025-09-30 | 2026-03-31 |
|---|---|---|---|---|---|---|---|---|
| Total assets | 26,273.00 | 32,311.00 | 36,259.00 | 39,191.00 | 43,239.00 | 46,063.00 | 48,814.00 | 51,766.00 |
| Non-current assets | 21,689.00 | 26,681.00 | 30,251.00 | 33,511.00 | 36,943.00 | 40,828.00 | 43,490.00 | 44,586.00 |
| Current assets | 3,655.00 | 4,818.00 | 5,202.00 | 4,896.00 | 5,527.00 | 4,466.00 | 4,549.00 | 5,738.00 |
| Property, plant and equipment | 7,836.00 | 8,480.00 | 8,486.00 | 10,905.00 | 10,861.00 | 11,609.00 | 15,504.00 | 23,458.00 |
| Capital work-in-progress | 11,046.00 | 15,674.00 | 19,226.00 | 20,033.00 | 23,105.00 | 26,162.00 | 25,430.00 | 19,143.00 |
| Goodwill | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other intangible assets | 15.00 | 9.00 | 2.00 | 2.00 | 2.00 | 1.00 | 1.00 | 1.00 |
| Inventories | 70.00 | 73.00 | 82.00 | 82.00 | 89.00 | 83.00 | 81.00 | 136.00 |
| Trade receivables | 962.00 | 277.00 | 329.00 | 167.00 | 441.00 | 554.00 | 998.00 | 2,009.00 |
| Cash and cash equivalents | 220.00 | 332.00 | 310.00 | 345.00 | 325.00 | 356.00 | 917.00 | 1,100.00 |
| Total equity and liabilities | 26,273.00 | 32,311.00 | 36,259.00 | 39,191.00 | 43,239.00 | 46,063.00 | 48,814.00 | 51,766.00 |
| Equity | 14,008.00 | 13,860.00 | 14,326.00 | 14,071.00 | 14,622.00 | 14,189.00 | 14,597.00 | 14,249.00 |
| Equity share capital | 3,930.00 | 3,930.00 | 3,930.00 | 3,930.00 | 3,930.00 | 3,930.00 | 3,930.00 | 3,930.00 |
| Other equity | 10,078.00 | 9,930.00 | 10,396.00 | 10,141.00 | 10,682.00 | 10,249.00 | 10,657.00 | 10,309.00 |
| Total liabilities | 12,265.00 | 18,451.00 | 21,933.00 | 25,120.00 | 28,617.00 | 31,874.00 | 34,217.00 | 37,516.00 |
| Non-current liabilities | 9,515.00 | 14,182.00 | 17,634.00 | 21,017.00 | 24,582.00 | 27,338.00 | 27,175.00 | 28,511.00 |
| Current liabilities | 2,750.00 | 4,269.00 | 4,299.00 | 4,103.00 | 4,035.00 | 4,536.00 | 7,042.00 | 9,004.00 |
| Borrowings, non-current | 8,420.00 | 13,248.00 | 16,462.00 | 19,690.00 | 23,199.00 | 26,220.00 | 26,066.00 | 27,132.00 |
| Borrowings, current | 557.00 | 745.00 | 531.00 | 562.00 | 612.00 | 705.00 | 3,400.00 | 4,971.00 |
| Trade payables | 21.00 | 47.00 | 44.00 | 120.00 | 89.00 | 199.00 | 65.00 | 184.00 |
Cash flow, as filed
| Line | 2022-09-30 | 2023-03-31 | 2023-09-30 | 2024-03-31 | 2024-09-30 | 2025-03-31 | 2025-09-30 | 2026-03-31 |
|---|---|---|---|---|---|---|---|---|
| Net cash from operating activities | 1,255.00 | 1,632.00 | 880.00 | 1,310.00 | 1,275.00 | 2,483.00 | 1,049.00 | 1,860.00 |
| Net cash from investing activities | -2,682.00 | -6,877.00 | -3,277.00 | -5,502.00 | -4,027.00 | -6,430.00 | -1,624.00 | -3,481.00 |
| Net cash from financing activities | 1,830.00 | 5,559.00 | 2,594.00 | 4,502.00 | 2,635.00 | 3,939.00 | 1,155.00 | 2,385.00 |
| Purchase of property, plant and equipment | 3,654.00 | 6,844.00 | 3,014.00 | 5,650.00 | 3,424.00 | 6,669.00 | 2,941.00 | 5,699.00 |
| Net increase in cash | 403.00 | 314.00 | 197.00 | 309.00 | -117.00 | -8.00 | 580.00 | 763.00 |
| con:CFO.BEFORE_TAX | 1,420.00 | 1,970.00 | 1,020.00 | 1,577.00 | 1,350.00 | 2,655.00 | 1,176.00 | 2,115.00 |
| con:INTEREST_RECEIVED.OPERATING | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:INTEREST_PAID.OPERATING | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:DIVIDENDS_RECEIVED.OPERATING | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:TAX_PAID.OPERATING | 165.00 | 338.00 | 140.00 | 267.00 | 75.00 | 172.00 | 127.00 | 256.00 |
| con:CF_OTHER.OPERATING | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:INVESTMENTS_PURCHASED | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:INVESTMENTS_SOLD | 0.00 | 355.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:PPE_DISPOSALS | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:CF_INVESTING.SUBSIDIARIES_SOLD | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:CF_INVESTING.SUBSIDIARIES_ACQUIRED | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:CF_INVESTING.JV_SOLD | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:CF_INVESTING.JV_ACQUIRED | -1.00 | 0.00 | 0.00 | 0.00 | 0.00 | 15.00 | 0.00 | 0.00 |
Who owns it
The shareholding pattern filed with the exchange every quarter, as a series. Percentages are of total shares. Each figure names the filing it was read from and the date it was filed.
| Holder | 2023-03-31 | 2023-06-30 | 2023-09-30 | 2023-12-31 | 2024-03-31 | 2024-06-30 | 2024-09-30 | 2024-12-31 | 2025-03-31 | 2025-06-30 | 2025-09-30 | 2025-12-31 | 2026-03-31 | 2026-06-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoter and promoter group | 86.77 | 86.77 | 81.85 | 81.85 | 81.85 | 81.85 | 81.85 | 81.85 | 81.85 | 81.85 | 0.82 | 0.82 | 0.82 | 0.82 |
| Domestic institutions | 4.08 | 4.34 | 5.74 | 5.98 | 3.35 | 3.94 | 4.29 | 4.10 | 4.20 | 4.11 | 0.04 | 0.04 | 0.04 | 0.04 |
| Mutual funds | — | — | — | — | — | — | — | — | — | 1.37 | 0.01 | 0.01 | 0.01 | 0.01 |
| Insurance companies | 0.16 | 0.24 | 1.49 | 1.71 | 1.81 | 2.37 | 2.62 | 2.64 | 2.71 | 2.71 | 0.03 | 0.03 | 0.03 | 0.03 |
| Foreign institutions | 1.76 | 1.39 | 0.91 | 1.68 | 2.36 | 2.39 | 2.38 | 2.42 | 2.49 | 2.52 | 0.03 | 0.03 | 0.03 | 0.03 |
| Government | — | — | — | — | — | — | — | — | — | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Public | 13.23 | 13.23 | 18.15 | 18.15 | 18.15 | 18.15 | 18.15 | 18.15 | 18.15 | 18.15 | 0.18 | 0.18 | 0.18 | 0.18 |
| Non-institutional | 7.40 | 7.50 | 11.49 | 10.50 | 12.44 | 11.83 | 11.48 | 11.63 | 11.47 | 11.53 | 0.11 | 0.11 | 0.12 | 0.12 |
| Shares outstanding | 3929795175 | 3929795175 | 3929795175 | 3929795175 | 3929795175 | 3929795175 | 3929795175 | 3929795175 | 3929795175 | 3929795175 | 3929795175 | 3929795175 | 3929795175 | 3929795175 |
Related parties
Transactions with related parties as disclosed to the exchange for the period ending 2024-09-30, by counterparty, largest first. Amounts are as filed. Each row names the filing and the date it was filed.
| Counterparty | Relationship | Type | Amount in the period | Transactions |
|---|---|---|---|---|
| SJVN GREEN ENERGY LIMITED | Subsidiary | Any other transaction, Investment, Loan | 47,285,792,000.00 | 3 |
| SJVN Thermal Private Limited | Subsidiary | Advance, Investment | 27,566,800,000.00 | 2 |
| SAPDC Arun-III Power Development Company Private Limited | Subsidiary | Advance, Investment, Loan | 21,711,759,000.00 | 3 |
| SJVN Lower Arun Power Development Company (SLAPDC) | Subsidiary | Any other transaction | 1,038,584,000.00 | 1 |
| Land aquisiton collector | Govt of HP Body/ Institute/ Depart | Advance | 600,000,000.00 | 1 |
| Bharat Heavy Electrical Ltd | CPSE | Purchase of goods or services | 327,970,000.00 | 2 |
| SJVN Limited | Holding Company | Any other transaction | 256,016,000.00 | 1 |
| CISF | Govt of India Body/ Institute/ Dep | Purchase of goods or services | 198,601,000.00 | 1 |
| SGEL Assam Renewable Energy Limited | Subsidiary | Any other transaction, Investment | 154,013,000.00 | 2 |
| Power Grid Corporation of India Limited | CPSE | Purchase of goods or services | 107,223,000.00 | 1 |
| CPM (GS) East Central Railway ECR | Govt of India Body/ Institute/ Dep | Advance | 70,719,000.00 | 1 |
| RITES | CPSE | Purchase of goods or services | 33,053,000.00 | 1 |
| HP EX SERVICEMEN CORPORATION | Govt of HP Body/ Institute/ Depart | Purchase of goods or services | 30,404,000.00 | 1 |
| SJVN Arun-3 Power Development Company Pvt. Ltd | Subsidiary | Sale of goods or services | 25,537,000.00 | 1 |
| Himachal Pradesh Public Works Department | Govt of HP Body/ Institute/ Depart | Advance, Purchase of goods or services | 22,200,000.00 | 2 |
What management said
Every earnings call we hold for this company, read in full. Prepared remarks are separated from the question-and-answer session and every paragraph names who said it and on which page. These are management’s own words, not filed figures.
| Date | Quarter | Who spoke | |
|---|---|---|---|
| 2026-05-21 | Q4FY26 | (PERSONNEL), SJVN LIMITED, LIMITED, MANAGING DIRECTOR, SJVN LIMITED, SJVN LIMITED | Read the call |
| 2025-11-13 | Q2FY26 | DIRECTOR, SJVN LIMITED, SJVN LIMITED | Read the call |
| 2025-06-02 | Q4FY25 | DIRECTOR, SJVN LIMITED,, LIMITED,, SJVN LIMITED | Read the call |
| 2025-02-17 | Q3FY25 | DIRECTOR – SJVN LIMITED, LIMITED | Read the call |
| 2024-11-07 | Q2FY25 | LIMITED, SJVN LIMITED | Read the call |
| 2024-08-20 | Q1FY25 | DIRECTOR, SJVN LIMITED, LIMITED, SJVN LIMITED, Sushil Sharma: | Read the call |
| 2024-05-31 | Q4FY24 | DIRECTOR, SJVN LIMITED, SJVN LIMITED | Read the call |
| 2023-08-17 | Q1FY24 | DIRECTOR – SJVN LIMITED, LIMITED, SJVN LIMITED | Read the call |
| 2023-05-25 | Q4FY23 | DIRECTOR – SJVN LIMITED, LIMITED | Read the call |
| 2023-02-10 | Q3FY23 | DIRECTOR - SJVN LIMITED | Read the call |
| 2022-11-18 | Q2FY23 | Read the call | |
| 2022-08-17 | Q1FY23 | Read the call | |
| 2022-05-30 | Q4FY22 | DIRECTOR – SJVN LIMITED, SJVN LIMITED | Read the call |
| 2022-02-16 | Q3FY22 | Read the call | |
| 2021-11-22 | Q2FY22 | ElaraCapital | Read the call |
| 2021-08-19 | Q1FY22 | DIRECTOR, SJVN LIMITED, LIMITED | Read the call |
| 2021-07-09 | Q1FY22 | DIRECTOR, SJVN LIMITED, LIMITED | Read the call |
| 2021-02-18 | Q3FY21 | DIRECTOR – SJVN LIMITED | Read the call |
| 2020-11-16 | Q2FY21 | DIRECTOR., LIMITED | Read the call |
| 2020-09-01 | Q1FY21 | DIRECTOR - SJVN | Read the call |
Some earlier announcements under this heading are covering letters only — no transcript was attached.
What they said about it, quarter by quarter
| Topic | Q3FY22 | Q3FY23 | Q3FY25 | Q4FY22 | Q4FY23 | Q4FY24 | Q4FY25 | Q4FY26 |
|---|---|---|---|---|---|---|---|---|
| Capex | Sir we had a capex target of Rs.1200 Crores this year for Arun phase three and we had incurred close to 7 billion? | — | So as you see in that we are in a growth phase and for that, we are borrowing capital for our capex. | The next two years what would be the total capex mid FY2023 and FY2024 and what would be the equity investment in that capex? | And last year, the capex incurred by SJVN was the highest ever. | And what is your total CAPEX expectation in FY '25 and '26? | So it is mainly attributed to the capex the company has done in under construction projects. | May 15, 2026 On the capacity addition side, during the Financial Year '25-'26, I am delighted to share the following major milestone. |
| Capital allocation | I see the land acquisition is done for 147 out of 580, but when it comes to the construction for towers of transmission then it is almost like same 94… | The second question is of course you have raised 10 billion for securitization what is the use of proceeds are we thinking of paying more dividend. | We have some land issues regarding land completion of land acquisition and those. | We have already paid the interim dividend of Rs.1.15. | So, on Buxar, has the land acquisition issue been sorted? | May 29, 2024 requesting for this support on land acquisition and they are fully committed that they will make some, this concerted efforts to give lan… | Number one is forest clearance, number two is environment clearance and third is the land acquisition. | The Board of Directors has recommended the payment of final dividend at the rate of 3.5% i.e. Rs.0.35 per equity share in addition to interim dividend… |
| Costs | — | — | — | — | — | — | — | — |
| Debt and cash | The equity portion, that cash flow from the project of about 3500 megawatt capacity projects will come into operation in the next two to three years. | — | — | — | — | — | — | — |
| Demand | So we are encouraged by our speed of taking projects and having projects in the pipeline and we have aligned our strategy with that of the Government … | So far as PPA is concerned, we are in discussion with the different modes to sell the power but anyway that power we were not able to sign PPAs and we… | Because I think 25 gigawatt looks farfetched and will not be achievable considering the kind of pipeline we have. | — | Is there any pipeline which you over and above this? | Can you just let us know what is the operating asset as of now and what is the amount of projects which are under pipeline and any asset where you hav… | And then how do you see this under the REIA how the pipeline looks for this year? | Buxar power plant, when it will be commissioned fully, will generate about 9,828 million units annually, of which 85% shall be supplied to the state o… |
| Guidance | Secondly I wanted to understand can we expect a change in the dividend policy because we are taking a lot of leverage and considering our business is … | At the time when this took place, the second week of January, the labor at that time about 5000 people on all fronts of Buxar but due to that law and … | And for these projects, this 5 gigawatt in Arunachal, when can we expect the tenders to be floated? | Can you explain the investments and CWIP and when we expect these to get capitalized? | And for FY ‘24 and FY ‘25, what is the capacity addition for renewables that we expect? | Can we expect something in the next year, sir? | Also can you give a what was the capex done for FY25 and capex guidance for the future years for FY26-27. | And anything on FY '28, sir, any guidance? |
| Margin | Ten years down the line we do not fall in a debt trap so do we have any debt to EBITDA number because that we will not let this debt number cross beyo… | Can you explain me what is the operating margin of solar projects. | — | — | And any color on the EBITDA revenue of the HGL in FY ‘23? | — | So as you do we are working with a INR7 trading margin in our RIA vertical. | And sir, what is the SGEL revenue, EBITDA and PAT for the FY '26, if you can share that number for the full fiscal? |
| People | The capacity utilization factor will be good though investment may be around Rs.4 Crores to Rs.5 Crores per megawatt but the generation of energy will… | — | — | — | How much is the capacity utilization factor and the tariff, which we will be getting. | — | — | This is mainly attributable to higher profit before tax and increased utilization of MAT credit consequent upon discontinuation of reduction under sec… |
| Revenue growth | — | — | — | — | — | I am also happy to share that SJVN is conferred with 'SCOPE Excellence Award in Institutional Category' in January 2024 for the commitment of the Comp… | — | As per these results, revenue from the operation in FY '26 increased by INR 648 crores from INR 2,897 to INR 3,545 crores, registering a growth of aro… |