Saatvik Green Energy bags ₹100 crore order from Maharashtra State Electricity Distribution Co
Saatvik Green Energy (SAATVIKGL) said it has received an order from Maharashtra State Electricity Distribution Co, valued at ₹100 crore. The company is valued at about ₹5,049 crore.
What happened
Saatvik Green Energy (SAATVIKGL) told the exchanges on 10 October 2026 at 06:27 PM that it has received an order from Maharashtra State Electricity Distribution Co, valued at ₹100 crore.
From the filing: "The total order value of 5,000 Solar Photovoltaic Water Pumps is for an approximate amount of Rs. 100 Crores (exclusive of GST)."
How big is it?
At ₹100 crore, the order is equal to about 2.0% of the company's market value of ₹5,049 crore and 2.4% of its revenue over the last four reported quarters (₹4,144 crore).
Relative to the company's annual revenue, it is a modest addition.
Company snapshot
Saatvik Green Energy is a small-cap company in the Capital Goods sector, with a market value of about ₹5,049 crore.
The stock last traded at ₹397.3, against a 52-week range of ₹328–₹567 (29.9% below the high).
Before this filing the shares had moved −4.5% over the month and −11.6% over three months. Average daily turnover over the last 20 sessions was about ₹7.06 crore.
Promoters held 75.99% at the end of Q1 FY27. Foreign institutions owned 0.19% and domestic institutions 10.97%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q1 FY26 | 916 | 118.8 | 10.6 |
| Q2 FY26 | 768 | 83.2 | 7.4 |
| Q3 FY26 | 1,257 | 98.7 | 8.41 |
| Q4 FY26 | 1,608 | 60.6 | 5.06 |
| Q1 FY27 | 511 | 5.5 | 0.43 |
What history shows
BCEIE's records show 10 previous order win filings from the company since May 2026.
After those filings, the stock gained 0.1% on average the next trading day and was up 2.2% on average after five days (9 filings with price data).
Across 194 similar disclosures by other Capital Goods companies, shares moved +1.7% on average the next day and +1.7% over five days; 58% of them rose the next day.
Market-wide, 1,946 order win filings with an impact score of 50 or more saw an average next-day move of +0.8%, with 53% rising.
Past reactions describe what happened before; they are not a forecast.
| Date | Filing | Next day | 5 days |
|---|---|---|---|
| 16 Sept 2026 | Order win | +3.8% | +14.9% |
| 15 Sept 2026 | Awarding of order(s)/contract(s) | +3.8% | +14.9% |
| 3 Sept 2026 | Order win | +1.7% | −3.6% |
| 20 Aug 2026 | Order win | +5.1% | +5.3% |
| 13 Aug 2026 | Bagging/Receiving of orders/contracts | −8.8% | −5.2% |
What to watch
- Execution progress and revenue recognition from this order in the coming quarters.
In the news
Recent coverage elsewhere (links open the original publisher):
- Premier Energies vs Vikram Solar vs Saatvik Green Energy: Which Stock Should You Track
- Saatvik Green Energy secures INR 1,041.63 crore SECI order
- Saatvik Green Energy SAATVIKGL Reg 74(5) Certificate Q2 FY27
- Saatvik Green Energy Limited Honoured at 4th Prithvi Awards 2026 for Outstanding Sustainability Performance
- Saatvik Green Energy Ltd Forms Death Cross Signalling Bearish Trend
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.