SJVN logo

SJVN share price

NSE: SJVNBSE: 533206PowerSmall Cap

Last close ₹47.40down ₹0.85 (1.76%)BSE ₹47.39

Share price at the NSE close on 23 Oct 2026. Previous close ₹48.25.

52-week range of traded prices to 23 Oct 2026
₹46.08Low, 23 Oct 2026₹90.40High, 23 Oct 2025
Market cap
₹18,627 Cr272nd largest listed
P/E
29.1
P/B
1.3
Dividend yield
3.16%
ROE
4.5%
ROCE
5.1%
Debt to equity
2.25
Volume, NSE
58,85,40339.5% delivered

Share price

Daily closes since May 2010, adjusted for splits and bonuses

−46.9%over a year · Nifty 500 −9.8%

Results20-session average 46,97,990 shares a day, 46.6% delivered

Results

Consolidated; ₹ crore, the charts by years to March, the table by quarter.Quarterly results

Quarter to Jun 2026, against the quarter beforeFiled 31 Jul

Revenue
₹1,394 Crdown 6.82%
Net profit
₹225 CrQuarter to Mar 2026: −₹118 Cr
Net margin
16.1%

Revenue by year

Peak revenue ₹4,528 Cr, year to Mar 2026

Net profit by year, a loss in red

₹ croreSep 2024Filed 5 NovDec 2024Filed 14 FebMar 2025Filed 16 JunJun 2025Filed 11 AugSep 2025Filed 10 NovDec 2025Filed 11 FebMar 2026Filed 2 JunJun 2026Filed 31 Jul
Revenue1,0266715049171,0321,0821,4961,394
Net profit440149−128228308224−118225
Net margin42.9%22.2%−25.3%24.8%29.8%20.7%−7.9%16.1%
Consolidated. The last eight quarters. The latest is shaded. Net profit is the whole group's, the other owners of its subsidiaries included; P/E and ROE use the company's own share.

Business segments

In the year to Mar 2026 the company reports one business segment, Generation and sale of Power, which carries all its revenue.

Valuation

Today, against the company's own history.PE ratio and valuation history

Price to earnings

At or below today's level on 70% of 2,480 trading days over the last 10 years.

LowestHighest
Its median10.1Industry median18.1
Price to book

At or below today's level on 59% of 1,970 trading days since Nov 2018.

LowestHighest
Its median0.9Industry median1.5
EV to EBITDA13.8

At or below today's level on 59% of 1,970 trading days since Nov 2018.

LowestHighest
Its median8.9Industry median9.6
Dividend yield

At or below today's level on 33% of 2,480 trading days over the last 10 years.

LowestHighest
Its median5.77%Industry median1.68%

Where the return came from

Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.

OverReturn a yearEarnings growthChange in P/EDividend yield
1 year−28.5%−21.6%−11.7%2.4%
3 years+25.8%−22.2%+59.3%1.8%
5 years+22.8%−17.2%+44.3%3.4%
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add. Earnings growth over 5 years includes one-off items (exceptional items and the result of businesses sold or closed) of more than a tenth of the profit of the year to Mar 2021.

Who owns it

Per cent of the company's shares, from the filing for Sep 2026.Shareholding pattern

Shareholding by group

  • Promoters81.85%
  • Foreign institutions2.66%
  • Indian institutions3.80%
  • Individuals and others11.70%
Holder
President of IndiaPromoter55.00%
Governor of Himachal PradeshPromoter26.85%
LIFE INSURANCE CORPORATION OF INDIAInsurance companies2.76%
Holders are named in the company's own words: an insurer's holding can carry one of its funds' names. Mutual funds are left out here and listed fund by fund below.

Mutual funds holding it

54 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before. 29 of the 31 funds that added or cut are index funds, ETFs or arbitrage funds: an index fund or ETF holds what its index holds, and an arbitrage fund holds the share against a sale of its future. 1 more fund filed its first portfolio on record, holding it.Mutual fund holdings

Bought for the first time
10
Bought again
10
Added
14
Cut
17
Held unchanged
2
Sold out
38
Fund
Nippon India Mutual Fund logoCPSE ETFNippon India Mutual Fund2,01,55,0560.64%₹119.6 Cr
ICICI Prudential Mutual Fund logoBharat 22 ETFICICI Prudential Mutual Fund42,49,4250.26%₹25.2 Cr
ICICI Prudential Mutual Fund logoICICI Prudential PSU Equity FundICICI Prudential Mutual Fund39,46,1281.33%₹23.4 Cr
Edelweiss Mutual Fund logoEdelweiss Balanced Advantage FundEdelweiss Mutual Fund16,16,3040.07%₹9.59 Cr
ICICI Prudential Mutual Fund logoICICI Prudential Children's FundICICI Prudential Mutual Fund11,77,4960.51%₹6.98 Cr
Nippon India Mutual Fund logoNippon India Nifty Smallcap 250 Index FundNippon India Mutual Fund11,05,9340.19%₹6.56 Cr
HDFC Mutual Fund logoHDFC Nifty Smallcap 250 ETFHDFC Mutual Fund8,67,8100.19%₹5.15 Cr
ICICI Prudential Mutual Fund logoICICI Prudential Energy Opportunities FundICICI Prudential Mutual Fund7,24,7660.05%₹4.30 Cr
SBI Mutual Fund logoSBI Nifty Smallcap 250 Index FundSBI Mutual Fund5,61,7940.19%₹3.33 Cr
Motilal Oswal Mutual Fund logoMotilal Oswal Nifty Smallcap 250 Index FundMotilal Oswal Mutual Fund3,98,5060.19%₹2.36 Cr
Portfolios disclosed for Sep 2026. Weight is the holding as a share of the fund's assets.

Peers and competitors

Power Generation, 36 listed companies, priced on 23 Oct 2026. The table lists the 8 companies closest to SJVN in market cap.

Where the company sits among the companies nearest its size

Return on equity across, P/E up, size is market cap
Company
NHPC logoNHPCNHPC70,15518.51.720.5+12.0%+24.1%9.4%3.6%2.31%
NTPC Green Energy logoNTPC Green EnergyNTPCGREEN68,430112.73.633.9––3.2%3.4%0.00%
NLC India logoNLC IndiaNLCINDIA31,685–1.59.6+16.8%––6.8%1.68%
Acme Solar Holdings logoAcme Solar HoldingsACMESOLAR26,28543.6––+47.5%–12.6%6.4%0.05%
Clean Max Enviro Energy Solutions logoClean Max Enviro Energy SolutionsCLEANMAX13,823–3.0–––––0.00%
Nava logoNavaNAVA13,44717.81.58.2+9.0%−27.6%9.2%9.7%1.79%
Juniper Green Energy logoJuniper Green EnergyJNPR13,357–––––––0.00%
Vedanta Power logoVedanta PowerVEDPOWER11,051–5.7–––––0.00%
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page.

Dividends

Per share, by the year it was paid for, and the latest payments.Dividend history and dates

Dividend per share, ₹, restated for later splits and bonuses

Highest ₹2.75 a share, year to Mar 2017.
Ex-dateTypePer share
24 Aug 2026Final₹0.35
20 Feb 2026Interim₹1.15
18 Sep 2025Final₹0.31
21 Feb 2025Interim₹1.15
12 Sep 2024Final₹0.65
21 Feb 2024Interim₹1.15
Latest payments, as declared, by ex-date.

Latest announcements

Routine notices left out.Share news and announcements

SJVN share price by year

Each calendar year to 2025.SJVN share price history

YearClose at year endChangeHighest closeLowest close
202574.76−28.4%110.8570.37
2024104.41+14.8%153.7890.90
202390.95+165.5%97.4530.55
202234.25+11.7%41.1025.85
202130.65+23.3%32.5524.65
202024.85−2.4%27.0518.45
201925.45−0.4%26.9022.50
201825.55−24.6%38.5024.45
201733.90+13.0%37.0030.00
201630.00−5.7%34.0027.35
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before.

Recent sessions

The last 10 trading days to 23 Oct 2026, as traded on NSE.

DateOpenHighLowCloseAverage priceVolumeDelivery
23 Oct 202648.2548.3146.0847.4047.0058,85,40339.5%
22 Oct 202648.9349.0947.9548.2548.5147,24,61846.3%
21 Oct 202651.4551.5249.0049.0849.7069,74,59846.2%
19 Oct 202652.9853.2151.0051.1151.5389,20,56347.6%
16 Oct 202655.5655.6353.0253.8854.011,90,23,38565.5%
15 Oct 202656.7956.8455.1655.3955.9119,70,59850.9%
14 Oct 202656.0757.3555.4556.7756.6433,22,99433.5%
13 Oct 202654.6956.3054.3456.0755.2927,24,90038.4%
12 Oct 202655.7856.2154.2654.5655.2123,29,77041.0%
9 Oct 202654.2255.7053.6655.2754.7043,70,93644.0%
Prices in ₹ per share as traded, not adjusted.

About SJVN

SJVN Limited generates and sells electricity. It develops, builds and runs hydro, thermal, wind and solar power stations, and has operational transmission lines. It is a central public sector undertaking under the Ministry of Power, with its registered office in Shimla, Himachal Pradesh. It was incorporated in 1988.

Three hydro power stations are in operation: the 1500 MW Nathpa Jhakri and the 412 MW Rampur stations in Himachal Pradesh, and the 60 MW Naitwar Mori station in Uttarakhand. Its thermal business is the Buxar Thermal Power Project in Bihar, where one unit of 660 MW has started commercial operation out of 1,320 MW. Wind stations such as Khirvire, and solar stations including a floating one at Omkareshwar, complete the operating portfolio.

The company has five subsidiaries, four of them wholly owned. SJVN Green Energy Limited, a wholly owned subsidiary, works in renewable generation such as solar, wind and hybrid projects and has seven operational renewable energy projects. SJVN Thermal Private Limited, which develops the Buxar project, was acquired as a wholly owned subsidiary in 2013. SJVN Arun-3 Power Development Company, incorporated in Nepal, was formed to execute the 900 MW Arun-3 hydro project there. In Himachal Pradesh, the Dhaulasidh, Luhri Stage-I and Sunni Dam hydro projects are under construction.

SJVN describes itself as a joint venture of the Government of India and the Government of Himachal Pradesh. As at March 2026, the Government of India held 55.00% of the shares, the Government of Himachal Pradesh 26.85% and the public 18.15%.

Legal name
SJVN Limited
NSE symbol
SJVN
BSE code
533206
ISIN
INE002L01015
Industry
Power
Listed
May 2010
Face value
₹10
CIN
L40101HP1988GOI008409
Corporate identity number, the registrar of companies' code for it