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SJVN Limited (SJVN) Fair Value & Analysis

Utilities · IN · Market cap ₹285B

SL SJVN Limited SJVN · NSE
Price₹72.55
Fair Value₹27.78
Upside-61.7%
Quality39/100
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Evidence: High Range ₹20.83 – ₹34.72

Fair value as of: Jul 3, 2026

From 16 valuation models · updated today

Share price −0.9% over the past month.

Price vs Fair Value (12 months)

₹97.69 ₹63.35 Fair Value ₹27.78 Jul 2025 Jul 2026

12‑month range ₹63.35 – ₹97.69 · fair‑value band ₹20.83 – ₹34.72 · the ₹72.55 price screens above the ₹27.78 fair value. As of Jul 3, 2026.

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Analysis

SJVN Limited (SJVN) currently trades at ₹72.55, while our model-based Fair Value estimate is ₹27.78 — implying the stock looks roughly 61.7% overvalued today. We read business quality at 39/100 (below-average quality), in the Utilities sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium — the entry price still matters most (evidence: high).

Over the trailing twelve months, SJVN Limited generated revenue of ₹45.3B at a net margin of 14.2%. Revenue grew 196.7% year over year. It earns a return on equity of 4.5%. Net debt stands at ₹298B. Fundamentals as of Jul 3, 2026

Key figures & financial health

Revenue (TTM) ₹45.3B
Revenue growth (YoY) +197%
Net margin 14.2%
Return on equity 4.5%
Free cash flow −₹54.1B FY2026
P/E ratio 44.5
More key figures
Operating margin 27.8%
EPS (TTM) ₹1.63
Dividend yield 2.1%
EPS growth (YoY) +50.0%
Net debt ₹298B FY2026

Figures from reported company fundamentals (EODHD) · as of Jul 3, 2026. TTM = trailing twelve months.

About the company

SJVN Limited, together with its subsidiaries, engages in the generation and sale of electricity in India and internationally. The company is also involved in thermal power, hydro power, wind power, solar power, and power trading and transmission businesses. The company operates the Nathpa Jhakri Hydro Power Station (NJHPS) with a capacity of 1500 MW located in Shimla District; the Rampur Hydro Power Station with an installed capacity of 412 MW in Shimla and Kullu District in Himachal Pradesh; and the Naitwar Mori Hydro Power Station with a capacity of 60 MW located in Uttarkashi district in Uttarakhand state. It also operates the Khirvire Wind Power Project with a capacity of 47.6 MW in Ahmednagar, Maharashtra; and the Sadla Wind Power Project with an installed capacity of 50 MW in Surendranagar District in Gujarat, as well as Buxar Thermal Power Project with a capacity of 1320 MW located in Village Chausa, Distt Buxar, Bihar. In addition, the company operates the Charanka Solar …

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

SJVN Limited reported revenue of ₹45.3B in FY2026 versus ₹24.1B in FY2022, a compound +17.1%/yr. Reported net income was ₹6.4B in FY2026, compounding −10.3%/yr from FY2022.

Revenue +17.1%/yr
FY22 ₹24.1B
FY23 ₹28.2B
FY24 ₹25.7B
FY25 ₹30.3B
FY26 ₹45.3B
Net income −10.3%/yr
FY22 ₹9.9B
FY23 ₹13.6B
FY24 ₹9.1B
FY25 ₹8.2B
FY26 ₹6.4B

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Huaneng Lancang River Hydropower Inc 600025 ¥9.37 ¥5.41 -42%
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Frequently asked questions

Is SJVN Limited (SJVN) undervalued?
As of Jul 3, 2026, our model estimates a fair value of ₹27.78 versus a price of ₹72.55 — about −62% (overvalued). Model-based estimate, not financial advice.
What is the fair value of SJVN?
Our model-based fair value for SJVN Limited is ₹27.78 (as of Jul 3, 2026), built from audited fundamentals. The current price is ₹72.55.
What is the quality score of SJVN?
SJVN Limited has a Quality Score of 39/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of SJVN Limited (SJVN)?
SJVN Limited reported trailing-twelve-month revenue of about ₹45.3B (latest available figure, as of Jul 3, 2026).
What is the net profit margin of SJVN?
The net profit margin of SJVN Limited is about 14.2%, meaning it keeps roughly 14.2% of revenue as net income. Based on the latest reported figures.
Does SJVN Limited pay a dividend?
SJVN Limited currently shows a dividend yield of about 2.07% relative to its recent price (as of Jul 3, 2026).

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data — nothing guessed.

Educational research only · not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.