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 ₹ 15,084 Cr.
- Current Price ₹ 265
- High / Low ₹ 282 / 232
- Stock P/E 572
- Book Value ₹
- Dividend Yield 0.00 %
- ROCE 3.30 %
- ROE 0.43 %
- Face Value ₹ 10.0
Pros
Cons
- Company has low interest coverage ratio.
- Company has a low return on equity of 1.07% over last 3 years.
- Company might be capitalizing the interest cost
* 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
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|
| 171 | 331 | 392 | 509 | 719 | |
| 24 | 64 | 53 | 84 | 111 | |
| Operating Profit | 146 | 267 | 338 | 425 | 608 |
| OPM % | 86% | 81% | 86% | 84% | 85% |
| 19 | 31 | 33 | 61 | 84 | |
| Interest | 84 | 198 | 191 | 264 | 400 |
| Depreciation | 44 | 110 | 122 | 166 | 237 |
| Profit before tax | 37 | -10 | 58 | 55 | 55 |
| Tax % | 27% | 19% | 30% | 34% | 27% |
| 27 | -12 | 40 | 36 | 40 | |
| EPS in Rs | 19.72 | -8.73 | 15.46 | 0.75 | 0.83 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 29% |
| TTM: | 41% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 46% |
| TTM: | -46% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 1% |
| 3 Years: | 1% |
| Last Year: | 0% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|
| Equity Capital | 14 | 14 | 26 | 489 | 489 |
| Reserves | 778 | 769 | 1,706 | 2,871 | 2,935 |
| 1,780 | 2,294 | 2,894 | 5,971 | 13,761 | |
| 499 | 128 | 349 | 1,001 | 2,316 | |
| Total Liabilities | 3,071 | 3,205 | 4,975 | 10,331 | 19,500 |
| 2,025 | 2,903 | 3,443 | 4,599 | 7,460 | |
| CWIP | 659 | 19 | 413 | 2,019 | 7,373 |
| Investments | 3 | 20 | 82 | 132 | 160 |
| 384 | 263 | 1,037 | 3,581 | 4,507 | |
| Total Assets | 3,071 | 3,205 | 4,975 | 10,331 | 19,500 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|
| 142 | 255 | 322 | 365 | 470 | |
| -1,448 | -453 | -1,579 | -4,183 | -6,510 | |
| 1,319 | 212 | 1,231 | 4,071 | 6,866 | |
| Net Cash Flow | 13 | 13 | -25 | 253 | 826 |
| Free Cash Flow | -1,083 | -360 | -506 | -2,205 | -6,162 |
| CFO/OP | 99% | 96% | 96% | 93% | 83% |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|
| Debtor Days | 49 | 55 | 58 | 52 | 57 |
| Inventory Days | |||||
| Days Payable | |||||
| Cash Conversion Cycle | 49 | 55 | 58 | 52 | 57 |
| Working Capital Days | -2,411 | -147 | -417 | -640 | -1,851 |
| ROCE % | 7% | 6% | 4% | 3% |
Documents
Announcements
-
Intimation Regarding Change Of Corporate Identity Number (CIN) Of The Company
- Company’s CIN changed to listed-company format; MCA status updated to Yes after August 6, 2026 listing.
-
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
- Q1 FY27 earnings call transcript: record revenue, EBITDA, 601 MW commissioned, and FY27/FY28 capacity guidance.
-
Intimation Under Regulation 30 (LODR) - Update On Commissioning Of Additional Capacity
- Juniper Green Stellar commissioned 12.40 MW wind capacity; group operational capacity reaches ~2,588 MWp and ~500 MWh BESS.
-
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.
Concalls
-
Sep 2026Transcript PPT REC
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).