DBT Bureau
Pune, 27 August 2026
Juniper Green Energy reported its highest-ever quarterly Total Income and EBITDA, with the EBITDA margin expanding by 300 bps YoY to 91%. The company commissioned its highest-ever quarterly renewable energy capacity of 601 MWp in Q1 FY27, comprising 458 MWp of solar and 143 MW of wind, along with 403 MWh of BESS. Its operational capacity reached 2,575 MWp, together with 503 MWh of operational BESS capacity. On August 26, 2026, Juniper Green Energy signed a 25-year Power Purchase Agreement (PPA) with SJVN Limited for a 50 MW FDRE project at ₹4.25/kWh. Post June 30, 2026, the company also secured two new tenders, including the SECI FDRE Round-the-Clock (Thermal Mimic) tender for 230 MW contracted capacity and 870 MWp/2,200 MWh BESS at ₹5.26/kWh, and a 50 MW GUVNL wind project at ₹3.51/kWh.
The company also commissioned India’s first FDRE project under the SJVN FDRE Tender. In August 2026, Juniper Green Energy raised ₹1,800 crore through an IPO, taking its net worth to approximately ₹5,200 crore.
Juniper Green Energy – Financial Highlights Q1 FY27
| Particulars (₹ Cr) | Q1 FY27 | Q1 FY26 | % Change |
|---|---|---|---|
| Total Income | 324 | 181 | +79% |
| EBITDA | 294 | 159 | +86% |
| EBITDA Margin | 91% | 88% | +300 bps |
| PAT | 33 | 22 | +54% |
| Cash PAT* | 108 | 72 | +50% |
Management Commentary
Total Income grew 79% YoY to ₹ 324 Cr, driven by increase in operational capacity during the quarter. EBITDA grew 86% YoY to ₹ 294 Cr, with margin expansion of 300 bps to 91%, aided by operating leverage as the commissioned portfolio scaled. Operating Income stood at ₹ 291 Cr (up 81% YoY) with Operating EBITDA of ₹ 261 Cr (up 89% YoY) and an Operating EBITDA margin of 90% (up 400 bps YoY). PAT increased 54% YoY to ₹ 33 Cr and Cash PAT rose 50% YoY to ₹ 108 Cr. Days Receivable Outstanding remained at 19 days as on June 30, 2026.
