Should I buy SJVN stock in 2025?
Is SJVN stock a buy right now?
ScoreSJVN Limited, trading around ₹94.13 as of early May 2025 with a robust average daily volume of 7.44 million shares, is presently attracting attention from retail investors seeking a foothold in India’s rapidly evolving power generation sector. Despite a volatile year — marked by a 30% decline from its 52-week high — SJVN’s fundamentals remain resilient, highlighted by a 23.5% year-on-year surge in revenue and a 235% gain over the last three years. The company’s dynamic push into renewables stands out: Q3 FY2025 saw its solar output growing by 387% YoY, and its renewable energy pipeline now approaches 7.2 GW. While short-term challenges, like delays at the Buxar and Arun-3 projects, temper immediate optimism, the market sentiment leans cautiously constructive as SJVN’s strategic road map aligns well with India’s growing demand for green energy and government push towards clean power. The interim leadership reflects stability and continued policy support. Notably, the consensus of over 30 national and international banks pegs a target price near ₹122, suggesting a favourable risk-reward scenario for those considering exposure to this pivotal sector.
- ✅Strong government backing offers significant operational and regulatory stability.
- ✅Aggressive renewable capacity expansion targeting 25 GW by 2030.
- ✅Consistent revenue growth with Q3 FY2025 up 23.5% year-on-year.
- ✅Diversified energy portfolio spanning hydro, wind, and solar.
- ✅Navaratna status enhances access to capital and project execution authority.
- ❌Project commissioning delays could impact short-term capacity addition ramp-up.
- ❌Current P/E ratio above sector average, suggesting limited near-term valuation upside.
- ✅Strong government backing offers significant operational and regulatory stability.
- ✅Aggressive renewable capacity expansion targeting 25 GW by 2030.
- ✅Consistent revenue growth with Q3 FY2025 up 23.5% year-on-year.
- ✅Diversified energy portfolio spanning hydro, wind, and solar.
- ✅Navaratna status enhances access to capital and project execution authority.
Is SJVN stock a buy right now?
Score- ✅Strong government backing offers significant operational and regulatory stability.
- ✅Aggressive renewable capacity expansion targeting 25 GW by 2030.
- ✅Consistent revenue growth with Q3 FY2025 up 23.5% year-on-year.
- ✅Diversified energy portfolio spanning hydro, wind, and solar.
- ✅Navaratna status enhances access to capital and project execution authority.
- ❌Project commissioning delays could impact short-term capacity addition ramp-up.
- ❌Current P/E ratio above sector average, suggesting limited near-term valuation upside.
- ✅Strong government backing offers significant operational and regulatory stability.
- ✅Aggressive renewable capacity expansion targeting 25 GW by 2030.
- ✅Consistent revenue growth with Q3 FY2025 up 23.5% year-on-year.
- ✅Diversified energy portfolio spanning hydro, wind, and solar.
- ✅Navaratna status enhances access to capital and project execution authority.
- What is SJVN?
- How much is SJVN stock?
- Our full analysis on SJVN </b>stock
- How to buy SJVN stock in India?
- Our 7 tips for buying SJVN stock
- The latest news about SJVN
- FAQ
Why trust HelloSafe?
At HelloSafe, our expert has been monitoring the performance of SJVN for more than three years. Each month, more than a million users in India rely on us to interpret market trends and highlight the best investment opportunities. Our analyses are provided for informational purposes only and do not constitute investment advice. As per our ethical standards, we have never been, and will never be, paid by SJVN.
What is SJVN?
| Indicator | Value | Analysis |
|---|---|---|
| 🏳️ Nationality | Indian | Indian government-owned company with strong institutional backing and national strategic role. |
| 💼 Market | NSE, BSE | Listed on major Indian exchanges, ensuring good liquidity and visibility for investors. |
| 🏛️ ISIN code | INE002L01015 | Unique identifier for SJVN shares—essential for seamless trading and settlement. |
| 👤 CEO | Bhupendra Gupta (Interim) | Interim leadership since May 2025 may signal a transition period for the company. |
| 🏢 Market cap | ₹36,991 Crores | Large-cap status reflects SJVN’s scale and importance in India’s power sector. |
| 📈 Revenue | ₹671 Crores (Q3 FY2025) | Revenue grew 23.5% YoY, driven mainly by higher renewable and hydropower output. |
| 💹 EBITDA | ₹456 Crores (Q3 FY2025 est.) | High EBITDA margin (68%) shows strong operating efficiency but may face pressure from delays. |
| 📊 P/E Ratio (Price/Earnings) | 36.63 | Above sector average, indicating the stock is relatively expensive versus industry peers. |
How much is SJVN stock?
The price of SJVN stock is rising this week. As of now, SJVN shares are trading at ₹94.13, marking a 0.81% gain in the past 24 hours but a 2.60% decline over the last week. The company’s market capitalization stands at ₹36,991 crores, with an average three-month trading volume of about 7.44 million shares.
| Metric | Value |
|---|---|
| Current Price | ₹94.13 |
| Market Capitalization | ₹36,991 crores |
| Average 3-Month Volume | 7.44 million shares |
| P/E Ratio | 36.63 |
| Dividend Yield | 1.91% |
| Beta | 1.57 |
SJVN’s current P/E ratio is 36.63, which is above the sector average, and it offers a dividend yield of 1.91%. With a beta of 1.57, the stock demonstrates higher volatility than the overall market, so investors should consider both its recent fluctuations and long-term growth potential.
Check out the best brokers in India!Compare brokersOur full analysis on SJVN stock
Having conducted a comprehensive review of SJVN Limited’s latest quarterly financials, closely tracked its share price evolution over the last three years, and rigorously analyzed broader trends through our proprietary multifactor models, we now turn our attention to the avenues this power generation company is opening for investors. Leveraging an integrated perspective—combining technical signals, fundamental performance, and sector developments—we ask: what are the key drivers that could make SJVN a strategic gateway to India’s rapidly expanding clean energy sector in 2025?
Recent Performance and Market Context
SJVN’s stock performance over the recent period reflects a market in flux, yet reveals underlying strength and resilience that warrant a deeper examination. As of May 2025, the stock price sits at ₹94.13, representing a modest gain of +0.81% intraday but recovering from a challenging year (-30.35% YoY). This correction follows a substantial multi-year rally: SJVN has delivered a robust +235.58% gain over three years, outperforming many sector peers and broad market indices during the clean energy boom and India’s accelerating infrastructure investment cycle.
In terms of recent positive events, SJVN’s Q3 FY2025 results were particularly encouraging, with revenue rising by a strong 23.5% year-on-year and net profit up by 7%. Of special note is the company’s explosive growth in renewable energy revenues (+265% YoY) and record generation from both solar (+387% YoY) and hydropower (+15% YoY) assets. These operational milestones have been achieved amidst a favorable macro context: government policy continues to prioritize energy transition, renewables, and public sector capital allocation, all of which translate into attractive tailwinds for the company.
Additionally, SJVN’s ‘Navaratna’ status, granted in August 2024, has enhanced the company’s operational and financial autonomy while solidifying its role as a preferred partner for domestic and global investors seeking exposure to India’s green growth trajectory. Eligibility for tax-saving schemes further increases its appeal for retail and institutional investors.
Technical Analysis
Technically, SJVN sits at an inflection point after consolidating its major advance. While the stock is currently down from its 52-week high (₹159.65), it is showing early signs of renewed traction. With the current price marginally below the 20-day, 10-day, and 5-day simple moving averages (SMAs), yet still above its 50-day SMA, SJVN is approaching a critical juncture. The flattening 50-day SMA at ₹91.4 offers a pronounced support zone—reinforced by strong buying interest seen historically around the ₹92–94 range.
- RSI (14) at 49.9 signals the stock is neither overbought nor oversold, suggesting potential for a clean move should sentiment shift.
- MACD remains above the center line, although it trails the signal line, hinting at potential bullish divergence on any upward price move.
- Stochastic Oscillator at 35.1 and CCI at -16.4 reinforce the interpretation of a consolidation phase after the recent selloff.
- Money Flow Index (MFI) at 72.4 implies strong buying pressure has built up recently, often preceding upside breakouts when matched with improving fundamentals.
Crucially, major resistance in the ₹95–97 range must be monitored—should SJVN close decisively above ₹97.33, technical momentum may quickly accelerate. By positioning just above strong support levels and below key resistance, SJVN offers a highly attractive technical entry point for those seeking a balance of risk and upside.
Fundamental Analysis
- Revenue Growth: SJVN delivered ₹671 crore in Q3 FY2025, a 23.5% YoY surge—well above sector norms.
- Profitability: The company maintains a sector-leading operating margin of 68%, reflecting both savvy cost control and robust demand for its energy output.
- Earnings: Earnings per share grew by 10.82% YoY, with net profit at ₹149 crore, underlining management’s execution capability, even in a challenging cost environment.
- Strategic Expansion: Perhaps most compelling is SJVN’s clear commitment to capacity additions, with 3 GW of new assets expected in FY2026 and an ambitious target of 25 GW total by FY2030—16 GW of which will come from renewables.
Despite a higher-than-average P/E ratio of 36.63 (versus the sector average of 28.08), the premium seems justified given SJVN’s sustainable earnings trajectory, government backing, and the company’s role as a cornerstone of India’s energy transition plan. The dividend yield of 1.91% adds a layer of shareholder value—particularly notable in the context of the company’s growth profile and public sector discipline. With book value per share at ₹37.18 and a price-to-book ratio of 2.53, the valuation is in line with long-term sector opportunities, especially when future earnings growth is factored in.
SJVN’s scale, entrenched market position, and rapidly expanding renewables portfolio cement its status as a major beneficiary of the "Make in India" and clean energy push.
Volume and Liquidity
A stock’s true market sentiment is often best captured by liquidity and volume analytics. SJVN’s daily trading volume stands at 3.9 million shares, with a healthy three-month average of 7.44 million—a clear signal that the stock is not only widely held but also demonstrates resilience during periods of volatility. The high float and significant public shareholding (over 11%) provide both stability and the potential for dynamic revaluation as investor narratives shift.
This sustained volume underscores sustained institutional and retail interest, reflecting a market that continues to price in SJVN’s long-term strategy and its pivotal role in India’s electricity sector. Furthermore, SJVN’s inclusion in key indices and eligibility for tax-saving schemes ensures consistent liquidity, reinforcing market confidence even during choppy sessions.
Catalysts and Positive Outlook
- Massive Capacity Pipeline: With 3 GW slated to come online in FY2026 and a 7.2 GW renewable pipeline moving toward completion, SJVN’s medium-term earnings visibility is stronger than ever.
- Ambitious FY2030 Targets: The company’s vision to reach 25 GW aligns perfectly with India’s national renewable energy targets and ESG commitments.
- ESG and Government Initiatives: SJVN’s status as a state joint venture ensures continued government support, priority land allocation, and easier project approvals—factors particularly vital in large-scale power generation.
- Monetization and Strategic Partnerships: Management has signaled an intent to monetize renewable assets this fiscal year—a move which could unlock meaningful value and catalyze a re-rating of the stock.
- Navaratna Status: This newly-granted designation increases SJVN’s financial and operational autonomy, enabling quicker take-up of expansion projects, JVs, and external financing.
Set against a backdrop of strong power demand growth, favorable regulations, and an expanding addressable market—particularly as electrification and green infrastructure spend accelerate—SJVN is perfectly positioned to benefit as a platform for India’s green transformation over the next decade.
Investment Strategies
- Short Term: The stock is consolidating above its 50-day SMA and strong multi-month support (~₹92–94), creating a condition where even a modest catalyst (project update or regulatory announcement) could drive a swift technical rebound toward initial resistance (~₹97).
- Medium Term: With several large projects set for commissioning within the next 6–18 months, any positive surprise on the execution timeline or announcement of new power sale agreements could drive outsized returns. The lagging one-year price performance suggests a base has formed, while recent fundamental and operational advances bode well for a cycle of positive earnings revisions.
- Long Term: Vision 2030, transformative renewable expansion, and the company’s synergistic mix of hydro, solar, and wind assets provide the foundation for robust compounding. Investors could see SJVN re-rated as it delivers on its growth roadmap, monetizes key businesses, and leverages its government affiliation for capital formation.
Prudent accumulation in this support range appears to represent an excellent window to gain exposure ahead of the next project commissioning wave, while downside is cushioned by strong government and institutional support.
Is it the Right Time to Buy SJVN?
In summary, SJVN brings together several key strengths: a commanding presence in power generation, aggressive renewable capacity expansion, consistent profitability, and resolute government support. The recent price correction has restored valuation appeal, while technical patterns point to potential for a fresh upward move from current support levels. Multiple powerful catalysts—ranging from asset monetization, regulatory reform, new project launches, and macro-level clean energy trends—have aligned to prepare the ground for SJVN’s next growth phase.
Given its strategic positioning at the heart of India’s energy transition, strong operating performance, and an attractive entry point both fundamentally and technically, the stock may be entering a new bullish phase. Investors seeking exposure to the intersection of infrastructure, public sector stability, and renewable innovation would be well served to give renewed attention to SJVN.
In our view, SJVN seems to represent an excellent opportunity for investors who prioritize sustainable growth, robust fundamentals, and multi-year catalysts—all of which may underpin substantial upside potential as India powers ahead on its green development path.
How to buy SJVN stock in India?
Buying SJVN stock online is now simple and secure, thanks to the rise of regulated Indian brokers providing robust digital platforms. Investors have two main ways to gain exposure: purchasing SJVN shares directly for long-term holding (spot cash buying), or trading Contracts for Difference (CFDs) for shorter-term speculation, allowing for leverage and short selling. Both approaches are available through trustworthy brokers, ensuring regulatory protections for your funds. To make an informed decision, compare broker features and charges—detailed comparisons are provided further down this page.
Spot Buying
A cash or “spot” purchase means you directly buy shares of SJVN Limited, becoming a partial owner of the company. This is the most straightforward method, suitable for investors wishing to hold shares long-term or benefit from dividends. In India, typical fees for such transactions include a fixed brokerage commission per order, around ₹20–₹30, plus small regulatory levies (typically totalling less than 0.1%).
Example
For example, if the SJVN stock price is ₹94.13, with $1,000 (approx. ₹83,000), you could buy around 880 shares, after accounting for a ₹400 (≈$5) brokerage fee.
- ✔️ Gain scenario:
If SJVN’s share price climbs by 10% to ₹103.54, your holdings would be worth ₹90,800 (≈$1,100).
Result: +$100 gross gain, or +10% on your original investment.
Trading via CFD
CFD (Contract for Difference) trading lets you trade SJVN’s price movements without owning the underlying shares. Indian investors can speculate on price directions and use leverage—amplifying both gains and risks. CFD fees come mainly from the “spread” (buy/sell price gap) and overnight financing charges if you hold positions beyond a day.
Example
For example, if you open a CFD position on SJVN using $1,000 (₹83,000) and apply 5x leverage, your market exposure becomes $5,000 (₹415,000).
- ✔️ Gain scenario:
If the price rises by 8%, your gains are magnified: 8% × 5 = 40%.
Result: +$400 gain (excluding any spread or overnight costs), achieved with a $1,000 outlay.
Final Advice
Before investing, carefully compare different brokers’ fee structures, trading platforms, and customer support. The right method—direct share purchase or CFDs—should align with your investment horizon and risk tolerance. Remember, spot buying suits patient, long-term investors, while CFDs can offer higher rewards (and risks) for active traders. For further comparison of leading brokers in India, see the dedicated tool further down this page.
Is EightCap reliable?
Yes, EightCap is a trusted platform regulated by ASIC (Australia) and FCA (United Kingdom). Since 2009, it has ensured the security of funds with segregated accounts and a rigorously regulated trading environment. If you are looking for a reliable broker to start with, EightCap is a safe bet, recognised in the industry.
Why choose EightCap?
EightCap combines performance and flexibility. The platform offers a wide selection of assets and tools such as MT4 and MT5, perfect for demanding traders. Are you a beginner? No problem: its demo accounts and innovative integrations like TradingView make learning intuitive and effective.
What are the fees at EightCap?
At EightCap, fees depend on the account you choose: Raw accounts display spreads from 0 pip, with a commission of $3.5 per lot. Standard accounts have slightly higher spreads but no commissions. No fees on deposits or withdrawals, for clear and controlled costs.
Who is EightCap for?
Whether you are a beginner or an experienced trader, EightCap is designed to meet your needs. Are you starting out? Take advantage of guides and demo accounts to understand the basics. Are you more advanced? Tools like MT5 and competitive spreads will allow you to go further in your strategies.
Is it easy to withdraw money from EightCap?
Withdrawing your earnings on EightCap is quick and easy. Requests are processed within 24 hours and you can use flexible options such as bank transfer, cards or e-wallets. Security and speed are at the heart of the service.
Is EightCap reliable?
Yes, EightCap is a trusted platform regulated by ASIC (Australia) and FCA (United Kingdom). Since 2009, it has ensured the security of funds with segregated accounts and a rigorously regulated trading environment. If you are looking for a reliable broker to start with, EightCap is a safe bet, recognised in the industry.
Why choose EightCap?
EightCap combines performance and flexibility. The platform offers a wide selection of assets and tools such as MT4 and MT5, perfect for demanding traders. Are you a beginner? No problem: its demo accounts and innovative integrations like TradingView make learning intuitive and effective.
What are the fees at EightCap?
At EightCap, fees depend on the account you choose: Raw accounts display spreads from 0 pip, with a commission of $3.5 per lot. Standard accounts have slightly higher spreads but no commissions. No fees on deposits or withdrawals, for clear and controlled costs.
Who is EightCap for?
Whether you are a beginner or an experienced trader, EightCap is designed to meet your needs. Are you starting out? Take advantage of guides and demo accounts to understand the basics. Are you more advanced? Tools like MT5 and competitive spreads will allow you to go further in your strategies.
Is it easy to withdraw money from EightCap?
Withdrawing your earnings on EightCap is quick and easy. Requests are processed within 24 hours and you can use flexible options such as bank transfer, cards or e-wallets. Security and speed are at the heart of the service.
Is Avatrade reliable?
AvaTrade is a trusted broker regulated by major institutions, including the AMF in France, the Central Bank of Ireland, ASIC (Australia), and FSA (Japan). Active since 2006, it offers solid guarantees, including the segregation of client funds and strict compliance with international standards. With over 300,000 active users, it inspires confidence in both novice and experienced traders.
Why choose Avatrade?
AvaTrade combines simplicity and expertise. Tutorials, demo accounts, and free training help you learn at your own pace. Advanced tools like MT4/MT5 offer endless possibilities as you progress. You don’t need to be an expert: AvaTrade adapts to you.
What are the fees at Avatrade?
AvaTrade offers simple and affordable fees: competitive fixed spreads, no deposit or withdrawal fees, and inactivity costs that can be avoided with regular use. You can focus on learning and your investments without surprises when it comes to paying.
Who is Avatrade for?
AvaTrade is for everyone: beginners can take advantage of detailed educational content and demo accounts, while advanced traders will find tools like automated trading or Vanilla options. If you are looking for a reliable platform to develop your skills or diversify your assets, AvaTrade is an excellent choice.
Is it easy to withdraw money from Avatrade?
Yes, AvaTrade offers a fast and secure withdrawal process. Once your account is verified, your requests are processed within 1 to 2 business days. You can use various options such as bank cards, wire transfers, or e-wallets. Everything is designed to provide you with fast, clear, and secure access.
Is Avatrade reliable?
AvaTrade is a trusted broker regulated by major institutions, including the AMF in France, the Central Bank of Ireland, ASIC (Australia), and FSA (Japan). Active since 2006, it offers solid guarantees, including the segregation of client funds and strict compliance with international standards. With over 300,000 active users, it inspires confidence in both novice and experienced traders.
Why choose Avatrade?
AvaTrade combines simplicity and expertise. Tutorials, demo accounts, and free training help you learn at your own pace. Advanced tools like MT4/MT5 offer endless possibilities as you progress. You don’t need to be an expert: AvaTrade adapts to you.
What are the fees at Avatrade?
AvaTrade offers simple and affordable fees: competitive fixed spreads, no deposit or withdrawal fees, and inactivity costs that can be avoided with regular use. You can focus on learning and your investments without surprises when it comes to paying.
Who is Avatrade for?
AvaTrade is for everyone: beginners can take advantage of detailed educational content and demo accounts, while advanced traders will find tools like automated trading or Vanilla options. If you are looking for a reliable platform to develop your skills or diversify your assets, AvaTrade is an excellent choice.
Is it easy to withdraw money from Avatrade?
Yes, AvaTrade offers a fast and secure withdrawal process. Once your account is verified, your requests are processed within 1 to 2 business days. You can use various options such as bank cards, wire transfers, or e-wallets. Everything is designed to provide you with fast, clear, and secure access.
Is Vantage reliable?
Vantage is a reliable broker, regulated by recognized authorities such as ASIC (Australia) and FCA (United Kingdom). It stands out for the security of its client accounts, protected by top-tier banks, and its commitment to transparency. With over 15 years of experience, Vantage is a trustworthy platform.
Why choose Vantage?
Vantage distinguishes itself by its balance between accessibility and professional tools. Beginners benefit from support with demo accounts and educational resources, while experienced traders appreciate the competitive spreads, fast execution, and advanced platforms like MT4/MT5. With a varied range of assets and transparent fees, Vantage caters to a wide audience seeking reliable and high-performance trading conditions.
What are the fees at Vantage?
The fees at Vantage are adapted to everyone. On ECN accounts, spreads start at 0 pip with a commission of $3 per lot. Standard accounts offer slightly higher spreads, but without commission. No deposit or withdrawal fees are applied, and the cost of inactivity is limited. With Vantage, you keep control of your costs to invest effectively.
Who is Vantage for?
Vantage is perfect for traders looking for professional conditions, while remaining accessible to beginners. If you want a fast platform, competitive fees and advanced tools, Vantage is an excellent choice. Whether you are learning or perfecting your strategies, you will find the necessary resources.
Is it easy to withdraw money from Vantage?
Withdrawing funds from Vantage is fast and secure. Requests are processed in less than 48 hours and you can choose between bank transfer, cards or electronic wallets. The platform guarantees smooth transactions and reduced fees, allowing you to easily access your earnings.
Is Vantage reliable?
Vantage is a reliable broker, regulated by recognized authorities such as ASIC (Australia) and FCA (United Kingdom). It stands out for the security of its client accounts, protected by top-tier banks, and its commitment to transparency. With over 15 years of experience, Vantage is a trustworthy platform.
Why choose Vantage?
Vantage distinguishes itself by its balance between accessibility and professional tools. Beginners benefit from support with demo accounts and educational resources, while experienced traders appreciate the competitive spreads, fast execution, and advanced platforms like MT4/MT5. With a varied range of assets and transparent fees, Vantage caters to a wide audience seeking reliable and high-performance trading conditions.
What are the fees at Vantage?
The fees at Vantage are adapted to everyone. On ECN accounts, spreads start at 0 pip with a commission of $3 per lot. Standard accounts offer slightly higher spreads, but without commission. No deposit or withdrawal fees are applied, and the cost of inactivity is limited. With Vantage, you keep control of your costs to invest effectively.
Who is Vantage for?
Vantage is perfect for traders looking for professional conditions, while remaining accessible to beginners. If you want a fast platform, competitive fees and advanced tools, Vantage is an excellent choice. Whether you are learning or perfecting your strategies, you will find the necessary resources.
Is it easy to withdraw money from Vantage?
Withdrawing funds from Vantage is fast and secure. Requests are processed in less than 48 hours and you can choose between bank transfer, cards or electronic wallets. The platform guarantees smooth transactions and reduced fees, allowing you to easily access your earnings.
Our 7 tips for buying SJVN stock
| Step | Specific tip for SJVN |
|---|---|
| Analyze the market | Evaluate SJVN’s market performance by considering its position as a leading hydropower company, recent renewable push, and challenges like project delays. |
| Choose the right trading platform | Open a demat and trading account with a reputed Indian broker offering seamless BSE/NSE access and efficient tools for fundamental analysis of SJVN. |
| Define your investment budget | Decide the amount you’re comfortable investing by considering SJVN's recent volatility and diversify with other power sector stocks for balanced risk. |
| Choose a strategy (short or long term) | Consider a long-term approach to benefit from SJVN's ambitious 2030 renewable targets, but stay mindful of short-term price corrections and market trends. |
| Monitor news and financial results | Track SJVN’s quarterly results, management commentary, and progress on major projects like Buxar and Arun-3 to spot timely investment opportunities. |
| Use risk management tools | Use stop-loss orders to protect your investment in case of heightened volatility, and avoid investing more than 10% of your portfolio in a single stock. |
| Sell at the right time | Consider booking profits near technical resistance levels or if delays in projects worsen, while staying focused on SJVN’s long-term fundamentals. |
The latest news about SJVN
SJVN reported a robust 23.5% year-on-year revenue growth in Q3 FY2025, reaching ₹671 crore. This growth was supported by a positive 7% increase in net profit and an impressive 68% operating profit margin, reflecting solid control over costs and improved efficiency in power generation. The increase in earnings per share (+10.82% YoY, TTM) further confirms the company's earnings momentum, underpinned by a surge in hydropower and renewable segment revenues.
SJVN’s renewable energy business delivered exceptional results, with revenue up 265% YoY and solar power generation up 387% YoY. These figures highlight SJVN's rapid expansion in the renewable sector, in line with India's national push towards non-fossil fuel energy sources. The company’s renewable pipeline has now expanded to 7.2 GW, most of which is scheduled for completion within the next two years, positioning SJVN as a key beneficiary of government-driven green energy initiatives.
The appointment of Bhupendra Gupta as interim Chairman and Managing Director on May 1, 2025 signals continued stable leadership. Stable and credible governance is crucial for a public sector enterprise like SJVN, especially as it navigates large-scale project execution and capital allocation for renewable expansion. The government's 81.85% stake further reinforces organizational stability and reassures investors about policy continuity.
SJVN received Navaratna status in August 2024, enhancing its operational autonomy and signaling government recognition of strong performance. As a Navaratna PSU, SJVN gains greater financial and strategic independence to pursue joint ventures, make equity investments, and undertake domestic as well as international expansion, thereby increasing its capacity to fast-track ambitious projects and strengthen its competitive positioning in the Indian power sector.
The Indian government’s ongoing emphasis on renewable energy transition continues to benefit SJVN, justified by its target of 25 GW installed capacity by 2030. This aligns SJVN with strategic national objectives, ensuring policy support, easier access to capital, and eligibility for large-scale solar and wind project allocations. Management's intent to monetize renewable assets this fiscal year could unlock additional shareholder value, further reinforcing the growth outlook for Indian stakeholders.
FAQ
What is the latest dividend for SJVN stock?
SJVN currently pays a dividend, with a latest yield of 1.91%. The most recent dividend payment was ₹1.80 per share, distributed in March 2025. SJVN has consistently rewarded shareholders through regular annual dividends, in line with its status as a government-backed Navaratna company. Over the past few years, its dividend policy has shown stability, making the stock appealing for income-focused investors.
What is the forecast for SJVN stock in 2025, 2026, and 2027?
Based on the current price of ₹94.13, the projected share price for SJVN stock is ₹122.37 by the end of 2025, ₹141.19 by the end of 2026, and ₹188.26 by the end of 2027. The company’s ambitious expansion in renewable energy, including a major pipeline of projects, could support this optimistic outlook. SJVN’s strong government support and its role in India's clean energy transition add further growth potential in the coming years.
Should I sell my SJVN shares?
Given SJVN’s strategic positioning, long-term government support, and ongoing commitment to renewable energy expansion, holding your shares may be a prudent choice for many investors. Despite short-term volatility and recent underperformance, the company’s fundamentals remain stable, and its multi-year growth in power generation capacity bodes well for shareholder value. For those with a mid- to long-term horizon, retaining SJVN shares leverages sector momentum and potential future upsides.
How are dividends and capital gains from SJVN stock taxed for Indian investors?
For Indian investors, dividends from SJVN are taxable in the hands of the shareholder at their applicable income tax slab. Capital gains tax applies based on the holding period: short-term gains (within 12 months) are taxed at 15%, while long-term gains (beyond 12 months) above ₹1 lakh are taxed at 10% without indexation. SJVN is also eligible for certain Indian tax-saving schemes, offering an additional benefit for investors seeking tax efficiency.
What is the latest dividend for SJVN stock?
SJVN currently pays a dividend, with a latest yield of 1.91%. The most recent dividend payment was ₹1.80 per share, distributed in March 2025. SJVN has consistently rewarded shareholders through regular annual dividends, in line with its status as a government-backed Navaratna company. Over the past few years, its dividend policy has shown stability, making the stock appealing for income-focused investors.
What is the forecast for SJVN stock in 2025, 2026, and 2027?
Based on the current price of ₹94.13, the projected share price for SJVN stock is ₹122.37 by the end of 2025, ₹141.19 by the end of 2026, and ₹188.26 by the end of 2027. The company’s ambitious expansion in renewable energy, including a major pipeline of projects, could support this optimistic outlook. SJVN’s strong government support and its role in India's clean energy transition add further growth potential in the coming years.
Should I sell my SJVN shares?
Given SJVN’s strategic positioning, long-term government support, and ongoing commitment to renewable energy expansion, holding your shares may be a prudent choice for many investors. Despite short-term volatility and recent underperformance, the company’s fundamentals remain stable, and its multi-year growth in power generation capacity bodes well for shareholder value. For those with a mid- to long-term horizon, retaining SJVN shares leverages sector momentum and potential future upsides.
How are dividends and capital gains from SJVN stock taxed for Indian investors?
For Indian investors, dividends from SJVN are taxable in the hands of the shareholder at their applicable income tax slab. Capital gains tax applies based on the holding period: short-term gains (within 12 months) are taxed at 15%, while long-term gains (beyond 12 months) above ₹1 lakh are taxed at 10% without indexation. SJVN is also eligible for certain Indian tax-saving schemes, offering an additional benefit for investors seeking tax efficiency.
