Juniper Green Energy Ltd
Incorporated in 2011, Juniper Green Energy Limited is one of India's leading renewable
energy independent power producers (IPPs), engaged in developing, building, operating,
and maintaining utility-scale renewable energy projects.[1]
- Market Cap ₹ 15,082 Cr.
- Current Price ₹ 265
- High / Low ₹ 282 / 232
- Stock P/E
- Book Value ₹
- Dividend Yield 0.00 %
- ROCE 3.25 %
- ROE -0.58 %
- Face Value ₹ 10.0
Pros
- Debtor days have improved from 140 to 96.1 days.
Cons
- Company has low interest coverage ratio.
- Company has a low return on equity of -0.22% over last 3 years.
- Earnings include an other income of Rs.222 Cr.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| 21 | 25 | 25 | 28 | 174 | 324 | |
| 7 | 7 | 12 | 13 | 157 | 298 | |
| Operating Profit | 14 | 18 | 13 | 15 | 17 | 26 |
| OPM % | 66% | 72% | 53% | 53% | 10% | 8% |
| 30 | 11 | 8 | 37 | 123 | 222 | |
| Interest | 11 | 12 | 12 | 10 | 73 | 151 |
| Depreciation | 6 | 7 | 7 | 7 | 8 | 16 |
| Profit before tax | 27 | 10 | 2 | 35 | 59 | 80 |
| Tax % | 20% | 9% | 25% | 34% | 27% | 24% |
| 22 | 9 | 1 | 23 | 43 | 61 | |
| EPS in Rs | 38.12 | 6.53 | 1.01 | 8.88 | 0.89 | 1.26 |
| Dividend Payout % | -0% | -0% | -0% | -0% | -0% | -0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 72% |
| 3 Years: | 136% |
| TTM: | 86% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | -686% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 0% |
| 3 Years: | 0% |
| Last Year: | -1% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Equity Capital | 6 | 14 | 14 | 26 | 489 | 489 |
| Reserves | 297 | 752 | 754 | 1,682 | 2,854 | 2,939 |
| 117 | 117 | 113 | 107 | 1,201 | 2,265 | |
| 7 | 4 | 4 | 14 | 92 | 303 | |
| Total Liabilities | 426 | 887 | 884 | 1,828 | 4,636 | 5,996 |
| 148 | 146 | 140 | 138 | 267 | 472 | |
| CWIP | 2 | 0 | -0 | -0 | 25 | 671 |
| Investments | 169 | 582 | 618 | 929 | 1,765 | 2,182 |
| 106 | 159 | 127 | 761 | 2,578 | 2,671 | |
| Total Assets | 426 | 887 | 884 | 1,828 | 4,636 | 5,996 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| 8 | 19 | 11 | 2 | -78 | -154 | |
| -99 | -459 | 7 | -891 | -2,276 | -456 | |
| -11 | 442 | -17 | 891 | 2,485 | 694 | |
| Net Cash Flow | -103 | 2 | 1 | 1 | 130 | 84 |
| Free Cash Flow | -6 | 16 | 10 | 0 | -150 | -614 |
| CFO/OP | 76% | 112% | 86% | 36% | -346% | -498% |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Debtor Days | 76 | 63 | 64 | 119 | 205 | 96 |
| Inventory Days | ||||||
| Days Payable | ||||||
| Cash Conversion Cycle | 76 | 63 | 64 | 119 | 205 | 96 |
| Working Capital Days | -814 | 244 | 626 | 1,970 | 1,382 | 313 |
| ROCE % | 3% | 2% | 2% | 3% | 3% |
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
- Advertisement in Newspaper - Financial Results Q1 FY 2027
-
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
- Audio recording of earnings call held on August 27, 2026 for Q1 FY2026 results.
-
Announcement under Regulation 30 (LODR)-Investor Presentation
- Investor Presentation for Earnings Conference Call Q1 FY2027
-
Announcement under Regulation 30 (LODR)-Press Release / Media Release
- Q1 FY27 income rose 79% to ₹324 Cr; company commissioned 601 MWp, 403 MWh BESS, and signed new PPAs.
-
Disclosure Under Regulation 30 Read With Para B Of Part A Of Schedule III - Execution Of Power Purchase Agreement
- Subsidiary signed 25-year PPA with SJVN for 50 MW FDRE project; expected annual revenue ₹80 crore.
Business Profile:[1]
Juniper Green Energy Ltd is one of India's top 10 renewable Independent Power Producers (IPPs) based on total portfolio capacity as of FY26. The company develops, builds, owns, operates and maintains utility-scale renewable energy projects through its integrated in-house EPC and O&M teams. Revenue is generated primarily through long-term electricity sales to central and state government-backed entities under Power Purchase Agreements (PPAs).