Analysts have lowered their forecasts for Saatvik Green Energy Limited, cutting both the company’s projected revenue and earnings per share for 2027. The revisions indicate a more cautious outlook for the renewable energy company despite expectations that it will continue to grow faster than its broader industry.
Following the downgrade, the consensus forecast from the two analysts covering the company projects ₹56 billion in revenue for 2027, representing an estimated 34% increase over the company’s last-12-month revenue.
Analysts now expect statutory earnings per share (EPS) to reach ₹22.05, compared with their earlier estimate of ₹29.
Revenue Forecast Cut From ₹63 Billion
The latest projections mark a significant reduction from the previous forecasts. Analysts had earlier estimated 2027 revenue at ₹63 billion and EPS at ₹29.
The revised figures suggest that analysts have become less optimistic about Saatvik Green Energy’s near-term financial performance, with both revenue and profitability estimates being reduced.
The company’s consensus price target has also fallen 6.2% to ₹509, reflecting the weaker earnings outlook.
Growth Still Expected to Outpace Industry
Despite the downgrades, analysts continue to expect Saatvik Green Energy to expand considerably faster than the broader industry.
Revenue is forecast to grow at an annualised rate of around 48% through 2027, broadly in line with the company’s reported growth of approximately 47% over the past year.
By comparison, companies in the same industry with analyst coverage are expected to record revenue growth of around 20% annually.
This indicates that while expectations for Saatvik Green Energy have weakened, analysts still anticipate substantially higher growth than the industry average.
Profitability Remains a Concern
The downward revision to EPS points to growing concerns around the company’s profitability. The analysis also highlights declining profit margins as one of the potential risks facing the business.
The combination of lower revenue expectations, reduced earnings forecasts and the cut in the price target could make investors more cautious about the company’s near-term prospects.
However, the company is still expected to deliver strong revenue growth compared with its peers, leaving its longer-term growth outlook relatively stronger despite the latest analyst downgrades.
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