Which companies are Saatvik Green Energy's closest peers?

The cockpit's peer set: WashTec (WSU.DE), Yuilrobotics (388720.KS), Nanjing Baose (300402.SZ), HIIG Trinity (Anhui) Technology (600520.SS), Sijin Intelligent Forming Machinery (003025.SZ), HD Fire Protect (HDFIRE.NS), Jiangsu Teeyer Intelligent Equipment (603273.SS), Zhejiang Liming Intelligent Manufacturing (603048.SS).

Is Saatvik Green Energy expensive compared with its peers?

On forward p/e it trades at 13.5× against a peer median of 14.7×, 5th cheapest of 10 in its peer set.

How has Saatvik Green Energy stock performed?

Over six months to 6 Nov 2026 the shares returned -25.0% against -22.7% for the median peer; over one year -28.6%.

← CockpitCompetitor Analysis › SAATVIKGL.NS Saatvik Green Energy Ltd.Open in the cockpit ↗

Saatvik Green Energy Ltd.SAATVIKGL.NSCompetitor analysis, valuation and peers

India · INR·Capital Goods›Industrial Machinery

Momentum laggard 13

Competitor Analysis ▸ Charts Open in the cockpit

Mkt cap

$481M

US dollars, full cap

Free float

15%

of shares outstanding

$/day

$199,086

20-day average traded

Fwd P/E

13.5×

forward earnings

ROIC−WACC

+8.5 pp

WACC 10.1%

Hurdle

n/a

no reverse DCF

Next earnings

26 days

2 Dec 2026

Close · INR₹358.60

1D0.0%

1W+4.4%

1M-11.5%

3M-16.1%

6M-25.0%

YTD-4.7%

1Y-28.6%

ATR %4.7%

Beta0.87

52w lowhigh35.0% off high

What Saatvik Green Energy does

Employees: 2,606

Saatvik Green Energy at a glance

Size Saatvik Green Energy (SAATVIKGL.NS) is an India Industrials company (Industrial Machinery) with a market value of $481M, the 860th largest of 1,058 India companies the cockpit tracks. Shares closed at ₹358.60 on 6 Nov 2026.

Performance Over six months the shares fell 25.0%, against -22.7% for the median peer and 0.0% for the India market (cap-weighted) — 9th lowest of 20 in its peer set.

Growth Revenue grew 110.7% over the last twelve months (peer median +2.0%); the operating margin is 8.2% (peer median 3.9%).

Valuation It trades at 13.5× forward earnings against a peer median of 14.7× (5th cheapest of 10).

Capital Return on invested capital runs 8.5 points above its cost of capital (10.1% WACC).

Next results Next results expected around 2 Dec 2026 (exchange calendar; dates can move).

Relative performance

Six months, rebased to 100: Saatvik Green Energy against the median of its 20 peers (local-currency closes).

Saatvik Green Energy financials

Reported figures in INR; fiscal year ends 2026-03-31. TTM = trailing twelve months.
	TTM	FY2025	FY2024	FY2023	FY2022
Revenue	₹41.4B	₹45.5B	₹21.6B	₹10.9B	₹6.09B
Revenue growth	—	+111%	+98%	+79%	—
Gross profit	₹6.68B	₹6.83B	₹4.04B	₹2.16B	₹390M
EBITDA	₹4.03B	₹5.96B	₹3.46B	₹1.51B	₹207M
Net income	₹2.48B	₹3.57B	₹2.17B	₹1.00B	₹47.5M
Free cash flow	n/a	-₹6.74B	-₹1.79B	-₹280M	-₹259M
Capital expenditure	n/a	₹6.01B	₹1.87B	₹603M	₹238M
Total debt	n/a	₹9.39B	₹5.03B	₹2.80B	₹1.53B

Quarterly statements and history in the cockpit →

Saatvik Green Energy competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

Up and to the right = strong over both horizons. Saatvik Green Energy is the large dot.

Fundamentals: revenue growth against valuation

Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Saatvik Green Energy is the large dot.

Saatvik Green Energy competitors and peer comparison

How Saatvik Green Energy compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

Saatvik Green Energy against its 20 peers (data as of 6 Nov 2026)
Measure	SAATVIKGL.NS	Peer median	Rank in peer set
1-month return	-11.5%	-10.0%	9th lowest of 20
6-month return	-25.0%	-22.7%	9th lowest of 20
Distance from 52-week high	-35.0%	-41.4%	6th highest of 20
Revenue growth (TTM)	+110.7%	+2.0%	highest of 21
Operating margin	8.2%	3.9%	8th highest of 21
Forward P/E	13.5×	14.7×	5th cheapest of 10
ROIC minus cost of capital	+8.5 pp	-5.3 pp	4th highest of 20
EV / EBITDA	11.3×	11.1×	4th most expensive of 8
Net debt / EBITDA	1.4×	0.2×	3rd most indebted of 11

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
Company	Market	Market cap	6M return	Revenue growth	Op. margin	Forward P/E	Req g	Delivered g
Saatvik Green Energy SAATVIKGL.NS	India	$481M	-25%	+111%	8%	13.5×	n/a	n/a
WashTec WSU.DE	Germany	$480M	-19%	+3%	8%	14.7×	-5.2%	+5.7%
Yuilrobotics 388720.KS	South Korea	$480M	-47%	-5%	-42%	n/a	n/a	n/a
Nanjing Baose 300402.SZ	China	$482M	-29%	-18%	1%	n/a	n/a	n/a
HIIG Trinity (Anhui) Technology 600520.SS	China	$482M	-31%	+48%	4%	n/a	53.0%	+2.6%
Sijin Intelligent Forming Machinery 003025.SZ	China	$483M	-17%	+16%	23%	15.5×	1.9%	+13.6%
HD Fire Protect HDFIRE.NS	India	$484M	n/a	+13%	29%	n/a	32.0%	+14.9%
Jiangsu Teeyer Intelligent Equipment 603273.SS	China	$487M	-16%	-7%	0%	n/a	44.2%	-7.4%
Zhejiang Liming Intelligent Manufacturing 603048.SS	China	$487M	-6%	+16%	4%	n/a	42.6%	+5.7%
Nanfang Ventilator 300004.SZ	China	$488M	-50%	-18%	-8%	n/a	n/a	n/a
Shanghai Guao Electronic Technology 300551.SZ	China	$473M	-35%	-47%	-111%	n/a	n/a	n/a
Guoanda 300902.SZ	China	$489M	-23%	+1%	-11%	29.3×	n/a	n/a
Nova Technology 6613.TWO	Taiwan	$489M	-13%	+9%	17%	11.1×	-9.5%	+18.1%
Bichamp Cutting Technology (Hunan) 002843.SZ	China	$490M	-49%	+4%	5%	9.8×	n/a	n/a
Phoenix Mecano PMN.SW	Switzerland	$490M	0%	-3%	7%	12.9×	-8.4%	-0.8%
Optorun 6235.T	Japan	$490M	-56%	+21%	9%	13.0×	9.7%	-2.0%
Ion Exchange (India) IONEXCHANG.NS	India	$471M	-29%	+5%	-2%	n/a	n/a	n/a
Iwaki 6237.T	Japan	$491M	+30%	+8%	13%	14.8×	4.3%	+11.1%
Hangzhou Jingye Intelligent Technology 688290.SS	China	$491M	-9%	-21%	-59%	210.0×	n/a	n/a
Yantai Longyuan Power Technology 300105.SZ	China	$491M	-6%	-25%	-9%	n/a	0.5%	+16.0%
Pengyao Environmental Protection 300664.SZ	China	$469M	-23%	-3%	17%	n/a	1.2%	-4.6%

Questions

Which companies are Saatvik Green Energy's closest peers?: The cockpit's peer set: WashTec (WSU.DE), Yuilrobotics (388720.KS), Nanjing Baose (300402.SZ), HIIG Trinity (Anhui) Technology (600520.SS), Sijin Intelligent Forming Machinery (003025.SZ), HD Fire Protect (HDFIRE.NS), Jiangsu Teeyer Intelligent Equipment (603273.SS), Zhejiang Liming Intelligent Manufacturing (603048.SS).
Is Saatvik Green Energy expensive compared with its peers?: On forward p/e it trades at 13.5× against a peer median of 14.7×, 5th cheapest of 10 in its peer set.
How has Saatvik Green Energy stock performed?: Over six months to 6 Nov 2026 the shares returned -25.0% against -22.7% for the median peer; over one year -28.6%.