Saatvik Green Energy (NSE:SAATVIKGL) ROIC %: 12.95% (As of Mar. 2026)


NSE:SAATVIKGL Saatvik Green Energy Ltd NSE:SAATVIKGL
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What is Saatvik Green Energy ROIC %?

Saatvik Green Energy NSE:SAATVIKGL -1.51% 28 ROIC % is 12.95% as of Mar. 2026. GuruFocus rates NSE:SAATVIKGL with a GF Score™ of 28/100. The stock has 4 warning signs investors should review.

ROIC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROC %. Saatvik Green Energy's annualized return on invested capital (ROIC %) for the quarter that ended in Mar. 2026 was 12.95%.

As of today (2026-07-07), Saatvik Green Energy's WACC % is 12.53%. Saatvik Green Energy's ROIC % is 17.05% (calculated using TTM income statement data). Saatvik Green Energy generates higher returns on investment than it costs the company to raise the capital needed for that investment. It is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases.


Saatvik Green Energy  (NSE:SAATVIKGL) ROIC % Explanation

ROIC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROC %. The reason book values of debt and equity are used is because the book values are the capital the company received when issuing the debt or receiving the equity investments.

There are four key components to this definition. The first is the use of operating income or EBIT rather than net income in the numerator. The second is the tax adjustment to this operating income or EBIT, computed as a hypothetical tax based on an effective or marginal tax rate. The third is the use of book values for invested capital, rather than market values. The final is the timing difference; the capital invested is from the end of the prior year whereas the operating income or EBIT is the current year's number.

Why is ROIC % important?

Because it costs money to raise capital. A firm that generates higher returns on investment than it costs the company to raise the capital needed for that investment is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases, whereas a firm that earns returns that do not match up to its cost of capital will destroy value as it grows.

As of today, Saatvik Green Energy's WACC % is 12.53%. Saatvik Green Energy's ROIC % is 17.05% (calculated using TTM income statement data). Saatvik Green Energy generates higher returns on investment than it costs the company to raise the capital needed for that investment. It is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases.


Be Aware

Like ROE % and ROA %, ROIC % is calculated with only 12 months of data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.


Saatvik Green Energy ROIC % Related Terms


Saatvik Green Energy ROIC % Historical Data

* Premium members only.

The historical data trend for Saatvik Green Energy's ROIC % 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 ROIC % Chart

Saatvik Green Energy Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
ROIC %
7.60 9.83 34.48 29.62 24.31

Saatvik Green Energy Quarterly Data
Mar22 Mar23 Mar24 Sep24 Dec24 Mar25 Sep25 Dec25 Mar26
ROIC % Get a 7-Day Free Trial Premium Member Only 24.13 44.94 26.96 31.10 12.95

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

For the Solar subindustry, Saatvik Green Energy's ROIC %, along with its competitors' market caps and ROIC % 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 ROIC % vs Semiconductors Industry

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

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


NSE:SAATVIKGL
28GF Score
Saatvik Green Energy Ltd NSE:SAATVIKGL
ROIC % is just one metric. See GF Score™, valuation, warning signs, and more.
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Saatvik Green Energy ROIC % Calculation

Saatvik Green Energy's annualized Return on Invested Capital (ROIC %) for the fiscal year that ended in Mar. 2026 is calculated as:

ROIC % (A: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (A: Mar. 2025 ) + Invested Capital (A: Mar. 2026 ))/ count )
=4773.42 * ( 1 - 19.14% )/( (10439.41 + 21312.57)/ 2 )
=3859.787412/15875.99
=24.31 %

where

Invested Capital(A: Mar. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=16357.44 - 5863.55 - ( 54.48 - max(0, 11017.76 - 12612.62+54.48))
=10439.41

Invested Capital(A: Mar. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=31145.91 - 5862.11 - ( 3971.23 - max(0, 14506.1 - 20735.55+3971.23))
=21312.57

Saatvik Green Energy's annualized Return on Invested Capital (ROIC %) for the quarter that ended in Mar. 2026 is calculated as:

ROIC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=3372.48 * ( 1 - 18.16% )/( (0 + 21312.57)/ 1 )
=2760.037632/21312.57
=12.95 %

where

Invested Capital(Q: Mar. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=31145.91 - 5862.11 - ( 3971.23 - max(0, 14506.1 - 20735.55+3971.23))
=21312.57

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data. The tax rate is limited to between 0% and 100%.

* 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.

Frequently Asked Questions Learn more about ROIC % →
What does a ROIC % of 12.95% mean?
Saatvik Green Energy (NSE:SAATVIKGL) has a ROIC % of 12.95% as of Mar. 2026. Return on invested capital is the ratio of current-period net income to average two-period invested capital. View historical data on Saatvik Green Energy and its competitors.
Is Saatvik Green Energy's ROIC % too high?
Saatvik Green Energy's current ROIC % is 12.95%. The Semiconductors industry median ROIC % is 3.77. Saatvik Green Energy's value of 12.95% is 243.5% above this industry median. Overall, Saatvik Green Energy has a GF Score™ of 28/100, reflecting its overall financial health beyond just this single metric.
How does Saatvik Green Energy's ROIC % compare to FSLR and NXT?
Saatvik Green Energy's ROIC % of 12.95% can be compared against companies in the Semiconductors industry. The industry median ROIC % is 3.77. Saatvik Green Energy's value of 12.95% is 243.5% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROIC % for a Semiconductors company?
The median ROIC % among Semiconductors companies is 3.77, based on 1,009 companies in the industry. Companies in the top quartile (top 25%) have a ROIC % significantly above this median, while those in the bottom quartile fall well below. However, ROIC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Saatvik Green Energy's current ROIC % of 12.95% is 243.5% 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 ROIC % mean?
A high ROIC % can signal that a stock is expensive relative to its fundamentals. Return on invested capital is the ratio of current-period net income to average two-period invested capital. View historical data on Saatvik Green Energy and its competitors. For the Semiconductors industry, the median ROIC % is 3.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Saatvik Green Energy's current ROIC % is 12.95%. 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 ROIC % of 12.95%. The current ROIC % is 12.95% and 243.5% above the Semiconductors industry median of 3.77. Saatvik Green Energy's overall GF Score™ is 28/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROIC % calculated?
ROIC % is calculated from a company's financial statements. For Saatvik Green Energy (NSE:SAATVIKGL), the current ROIC % is 12.95% 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.
28GF Score

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