SJVN Limited: Business Overview, Financials & Competitive Analysis
SJVN Limited scores 6/10 on the AskCyborg Cyborg Score (Solid). A Navaratna-status state-owned energy company with strong near-term revenue growth but constrained returns and execution risks requiring resolution. Revenue from operations surged 61.2% year-on-year to Rs 1,081.97 crore in Q3 FY26, with Profit before tax reaching Rs 356.81 crore, marking an 88.9% increase. However, the company has low return on.
What is SJVN Limited's industry? SJVN Limited (sjvn.nic.in) operates in Renewable and Conventional Energy Generation. AskCyborg classifies SJVN Limited under Renewable and Conventional Energy Generation in its company registry.
SJVN Limited is a major power public sector company, operating as a joint venture between the Government of India and the Government of Himachal Pradesh. The company operates in power generation, focusing on hydro, th...
Cyborg Score thesis
A Navaratna-status state-owned energy company with strong near-term revenue growth but constrained returns and execution risks...
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Get Current Report FreeSJVN Limited Overview
Pro stress-test →SJVN Limited is a major power public sector company, operating as a joint venture between the Government of India and the Government of Himachal Pradesh. The company operates in power generation, focusing on hydro, thermal, solar, and wind energy with 32 power projects across India and neighboring countries. SJVN was declared Navaratna status in Aug, 24, elevating it among India's premier strategic enterprises.
Strategic Profile
Pro stress-test →Currently, the company has three operational hydro plants of 1,972 MW, eight renewable plants of 405 MW, and two transmission lines of 123 km. Recent achievements include SJVN's Rampur Hydro Power Station generating 2,000 MUs on Feb 5, 2026, while the 70 MW Dhubri Solar Project in Assam started operations with a cost of Rs. 367.4 crore. The company is strategically positioned for growth through renewable energy diversification and international expansion.
Competitive Landscape
Pro stress-test →Government plans 19% rise in power PSUs' investments, with key firms like NTPC, Power Grid, and NHPC seeing increased investment allocations. SJVN operates in India's competitive power generation sector alongside major state-owned enterprises and private developers, competing on capacity, cost-efficiency, and renewable energy expansion.
Industry Context
SJVN Limited operates in Renewable and Conventional Energy Generation.
Key facts
Founded: 1988 · Headquarters: Shimla, India · Revenue: ₹3,536 Cr (TTM basis) · Market cap: ₹28,700 Cr ($3.4B)