Saatvik Green Shines: $7,009 Cr. Market Cap on Strong Solar Strategy

Gurugram-based Saatvik Green Energy is optimistic about sustained growth in India’s solar energy sector, fueled by ambitious government targets and rising demand for clean energy solutions.

Managing Director Manik Garg outlined the company’s strategic roadmap to diversify beyond its core solar module business by introducing solar pumps and inverters, which are expected to contribute approximately 5% of total revenue by FY27, while solar modules will continue to anchor the company’s growth.

As part of its long-term strategy, Saatvik is also strengthening its supply chain through backward integration into solar cell manufacturing, enhancing resilience and operational efficiency.

With a robust 3.8 GW manufacturing capacity, Saatvik Green has consistently demonstrated year-on-year and quarter-on-quarter growth, supported by:

High capacity utilisation, A diversified customer base, A strong order book, Comprehensive EPC and O&M services

The company currently holds a market capitalization of approximately ₹7,009 crore, underlining its strong position in India’s rapidly expanding solar ecosystem.

News by Rahul Yelligetti.