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The order worth ₹171.45 crore from the EPC player includes the supply of solar PV modules. The domestic order is expected to be completed by October 2026.

"…We wish to inform you that Saatvik Green Energy Limited ("the Company") has received and accepted an order aggregating to INR 171.45 crores from one renowned independent power producer/EPC player for the supply of solar PV modules," Saatvik Green Energy said in a statement.

In FY26, the renewable energy firm had achieved the highest-ever annual production at 3,162 MW, supported by effective capacity utilisation of 84.07%. Its order book remained strong at approximately 5.89 GW as of March 31, 2026, offering medium-term business visibility.

During the company's Q4 FY26 earnings, Saatvik Energy had said it is entering FY27 with a strategic roadmap focused on manufacturing integration, product diversification and scaling up operations. The company's priorities include advancing its Odisha integrated manufacturing expansion, with tool-moving activities set to begin from Q1 FY27.

It had added that efforts will be directed toward scaling capabilities across integrated modules, solar cells, encapsulants, ingots and wafers, while also strengthening its presence across distributed solar, inverters, transformers, solar pumps and battery energy storage system (BESS) ecosystems.

The company further noted that it will focus on expanding high-efficiency and value-added product offerings in domestic markets, alongside continuing initiatives on operational efficiency, backward integration and disciplined capital allocation.

Saatvik Green Energy Q4 results

Saatvik Green Energy had reported a 36% decline in its consolidated net profit at ₹61 crore for the fourth quarter of the financial year 2025-26 (Q4 FY26) as against ₹95 crore in the same period last year.

The company's revenue from operations, however, increased 75% in the January-March period to ₹1,608 crore as compared to ₹919 crore on a year-on-year (YoY) basis. Saatvik's total expenses zoomed 95% to ₹1,539 crore during the reporting quarter from ₹790 crore reported in Q4 FY25.

On the operational front, Saatvik Green Energy's earnings before interest, taxes, depreciation & amortisation (EBITDA) for the quarter slipped 31.5% to ₹108 crore in Q4 FY26 from ₹157 crore in the corresponding quarter for the previous fiscal year.

The EBITDA margin for the quarter contracted to 6.69% in the reporting quarter in contrast to 17.08% YoY.

Saatvik Green Energy share price

On Tuesday, Saatvik Green Energy shares closed at ₹452.25 apiece on the National Stock Exchange, rising 2.19%.

Over a month's time, the stock has slipped 6%, while it has jumped over 10% in the last six months. From the beginning of the year, Saatvik Green Energy shares have climbed 21%.

The company has a market capitalisation of ₹5,783.28 crore.

Shares of the company had touched their one-year high of ₹567 apiece on October 10, 2025, while their 52-week low of ₹328 was hit on March 9, 2026.