Saatvik Green Energy (NSE:SAATVIKGL) ROE %: 17.81% (As of Mar. 2026) — 58% Below Median


NSE:SAATVIKGL Saatvik Green Energy Ltd NSE:SAATVIKGL
17 GF Score
Price ₹450.20
! 4 Warning Signs
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What is Saatvik Green Energy ROE %?

Saatvik Green Energy NSE:SAATVIKGL -3.17% 17 ROE % is 17.81% as of Mar. 2026, which is 58% below its 10-year median of 42.07. GuruFocus rates NSE:SAATVIKGL with a GF Score™ of 17/100. The stock has 4 warning signs investors should review. Among 1,002 Semiconductors companies, Saatvik Green Energy ranks better than 90.12% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Saatvik Green Energy's annualized net income for the quarter that ended in Mar. 2026 was ₹2,424 Mil. Saatvik Green Energy's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was ₹13,611 Mil. Therefore, Saatvik Green Energy's annualized ROE % for the quarter that ended in Mar. 2026 was 17.81%.

The historical rank and industry rank for Saatvik Green Energy's ROE % or its related term are showing as below:

NSE:SAATVIKGL' s ROE % Range Over the Past 10 Years
Min: 25.08   Med: 42.07   Max: 142.49
Current: 25.08

During the past 5 years, Saatvik Green Energy's highest ROE % was 142.49%. The lowest was 25.08%. And the median was 42.07%.

NSE:SAATVIKGL's ROE % is ranked better than
90.12% of 1002 companies
in the Semiconductors industry
Industry Median: 4.55 vs NSE:SAATVIKGL: 25.08

Saatvik Green Energy  (NSE:SAATVIKGL) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=2424.36/13610.67
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(2424.36 / 64306.28)*(64306.28 / 31145.91)*(31145.91 / 13610.67)
=Net Margin %*Asset Turnover*Equity Multiplier
=3.77 %*2.0647*2.2883
=ROA %*Equity Multiplier
=7.78 %*2.2883
=17.81 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=2424.36/13610.67
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (2424.36 / 2953.04) * (2953.04 / 3372.48) * (3372.48 / 64306.28) * (64306.28 / 31145.91) * (31145.91 / 13610.67)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.821 * 0.8756 * 5.24 % * 2.0647 * 2.2883
=17.81 %

Note: The net income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


Saatvik Green Energy ROE % Related Terms


Saatvik Green Energy ROE % Historical Data

* Premium members only.

The historical data trend for Saatvik Green Energy's ROE % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Saatvik Green Energy ROE % Chart

Saatvik Green Energy Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
ROE %
38.19 26.44 142.49 94.84 42.07

Saatvik Green Energy Quarterly Data
Mar22 Mar23 Mar24 Sep24 Dec24 Mar25 Sep25 Dec25 Mar26
ROE % Get a 7-Day Free Trial Premium Member Only 66.12 130.10 43.22 32.82 17.81

NSE:SAATVIKGL vs FSLR, NXT, ENPH: ROE % Comparison

For the Solar subindustry, Saatvik Green Energy's ROE %, along with its competitors' market caps and ROE % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Saatvik Green Energy ROE % vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Saatvik Green Energy's ROE % distribution charts can be found below:

* The bar in red indicates where Saatvik Green Energy's ROE % falls into.


NSE:SAATVIKGL
17GF Score
Saatvik Green Energy Ltd NSE:SAATVIKGL
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Saatvik Green Energy ROE % Calculation

Saatvik Green Energy's annualized ROE % for the fiscal year that ended in Mar. 2026 is calculated as

ROE %=Net Income (A: Mar. 2026 )/( (Total Stockholders Equity (A: Mar. 2025 )+Total Stockholders Equity (A: Mar. 2026 ))/ count )
=3573.04/( (3376.59+13610.67)/ 2 )
=3573.04/8493.63
=42.07 %

Saatvik Green Energy's annualized ROE % for the quarter that ended in Mar. 2026 is calculated as

ROE %=Net Income (Q: Mar. 2026 )/( (Total Stockholders Equity (Q: Dec. 2025 )+Total Stockholders Equity (Q: Mar. 2026 ))/ count )
=2424.36/( (0+13610.67)/ 1 )
=2424.36/13610.67
=17.81 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Mar. 2026) net income data. ROE % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of 17.81% mean?
Saatvik Green Energy (NSE:SAATVIKGL) has a ROE % of 17.81% as of Mar. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Saatvik Green Energy and its competitors. This is 58% below median its historical median of 42.07. Over the past decade, Saatvik Green Energy's ROE % has ranged from 25.08 to 142.49. According to the industry distribution chart, Saatvik Green Energy ranks #99 out of 1002 companies in the Semiconductors industry, placing it in the top 9.9%.
Is Saatvik Green Energy's ROE % too high?
Saatvik Green Energy's current ROE % of 17.81% is 58% below median its 10-year median of 42.07. Over the past 10 years, this metric has ranged from a low of 25.08 to a high of 142.49. The Semiconductors industry median ROE % is 4.55. Saatvik Green Energy's value of 17.81% is 291.4% above this industry median. Based on the distribution chart, Saatvik Green Energy ranks #99 out of 1002 companies in the Semiconductors industry, which is in the top quartile — a strong position relative to peers. Overall, Saatvik Green Energy has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Saatvik Green Energy's ROE % compare to FSLR and NXT?
According to the Semiconductors industry distribution chart, Saatvik Green Energy ranks #99 out of 1002 companies for ROE %. This places Saatvik Green Energy in the top 10% of its industry — outperforming the majority of peers. The industry median ROE % is 4.55. Saatvik Green Energy's value of 17.81% is 291.4% above this benchmark. Historically, Saatvik Green Energy's own ROE % has ranged from 25.08 to 142.49 over the past decade. While the company's 10-year median is 42.07 vs. the industry median of 4.55, Saatvik Green Energy has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % for a Semiconductors company?
The median ROE % among Semiconductors companies is 4.55, based on 1,002 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Saatvik Green Energy's current ROE % of 17.81% is 291.4% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Saatvik Green Energy and its competitors. For the Semiconductors industry, the median ROE % is 4.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Saatvik Green Energy's current ROE % is 17.81%, which is 58% below median its own 10-year median of 42.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Saatvik Green Energy stock overvalued right now?
Saatvik Green Energy (NSE:SAATVIKGL) has a current ROE % of 17.81%. The current ROE % is 17.81%, which is 58% below median its 10-year median of 42.07 and 291.4% above the Semiconductors industry median of 4.55. Saatvik Green Energy's overall GF Score™ is 17/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % calculated?
ROE % is calculated from a company's financial statements. For Saatvik Green Energy (NSE:SAATVIKGL), the current ROE % is 17.81% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Saatvik Green Energy Business Description

Other Exchanges 544526:India
Address Plot No. 3, Sector 32, Tower A, Institutional Area, IFFCO Complex, Gurugram, HR, IND, 122 001
Saatvik Green Energy Ltd is engaged in module manufacturing as well as engineering, procurement and construction (EPC) and operations and maintenance (O&M) services. The company offers a comprehensive portfolio of solar module products that are currently manufactured using technologies that help reduce energy loss and enhance overall efficiency. Its solar energy products include: (i) monocrystalline passive emitter and rear cell modules; and (ii) N-TopCon solar modules, both types are offered in mono-facial and bifacial options, suitable for various applications, including residential, commercial and utility scale solar projects. It manufactures its products through the use of M10 technology for its Mono PERC modules and M10, G12, M10R and G12R technologies for its N-TopCon modules.
17GF Score

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