Juniper Green Energy’s Record Quarter: Rs 324 Cr Income

Juniper Green Energy Limited reported a record-setting quarterly total income of Rs 324 crore for the period ending June 30, 2026. This impressive figure represents a 79% year-on-year increase, signaling a robust expansion phase for the renewable energy developer.

The company’s strong financial performance is directly attributable to substantial additions in its operational capacity and strategic project acquisitions during the quarter.

Key Financial Highlights (Q1 FY27)

• Total Income: Rs 324 crore (79% YoY increase)
• EBITDA: Rs 294 crore (86% rise)
• EBITDA Margin: 91%
• Profit After Tax (PAT): Rs 33 crore (54% increase)
• Cash PAT: Rs 108 crore (50% growth)
• Operating Income: Rs 291 crore
• Operating EBITDA: Rs 261 crore
• Operating Margin: 90%
• Capacity Utilisation Factor (CUF): 30.2%
• Generation: 944 million units (72% increase)

These figures underscore an efficient operational model, with high margins reflecting optimized cost structures within its renewable portfolio.

Strategic Capacity Expansion

The growth trajectory was primarily fueled by significant capacity additions across solar, wind, and battery energy storage systems.

• Renewable Capacity Added: 601 MWp
• Solar Capacity: 458 MWp
• Wind Capacity: 143 MW
• Battery Energy Storage System (BESS) Capacity Added: 400 MWh
• Total Operational BESS: 503 MWh

Juniper Green Energy has effectively scaled its infrastructure, contributing directly to its enhanced generation capabilities and revenue streams.

Securing Future Growth with New Projects

The company solidified its future pipeline by securing several key projects and long-term Power Purchase Agreements (PPAs).

• 50 MW Firm and Dispatchable Renewable Energy (FDRE) project with SJVN Limited at Rs 4.25/kWh (25-year PPA)
• Letter of Award (LoA) from SECI for 870 MWp planned capacity and 2,200 MWh BESS under FDRE Round-the-Clock (Thermal Mimic) tender, with 230 MW contracted capacity at Rs 5.26/kWh
• 50 MW wind project from GUVNL at Rs 3.51/kWh
• Commissioned India’s first FDRE project under the SJVN FDRE tender

These agreements provide long-term revenue visibility and solidify Juniper Green Energy’s position in the evolving renewable energy landscape.

Balance Sheet and Portfolio Strength

As of June 30, 2026, the company’s financial position reflects substantial investment and strategic funding.

• Total Capital Expenditure: Rs 16,303 crore
• Net Debt: Rs 11,217 crore
• IPO in August 2026 raised Rs 1,800 crore
• Post-IPO Net Worth: Approximately Rs 5,200 crore
• Weighted Average Cost of Debt (operational portfolio): 8.58% per annum

The company’s operational renewable energy capacity stands at 2,575 MWp, with a total portfolio, including operational, under-construction, contracted, and awarded projects, reaching 11,216 MWp of renewable energy and 8,989 MWh of BESS capacity. A significant 98% of its portfolio is contracted with ‘A’ or above rated off-takers, secured by long-term PPAs, typically for 25 years. This robust contracting strategy minimizes revenue risk and ensures stable cash flows for the foreseeable future.