31-Oct-2026 09:56:19
JUNIPER GREEN ENERGY Q2 FY27: EBITDA SURGES 162% YOY; TARGETS 4,500 MWH BESS BY JUNE 2027 & 10,000 MWH BY MARCH 2028, ₹2,591 CR Q2 CAPEX
• BESS Expansion Target: Management targets installation of approximately 4,500 MWh battery energy storage capacity by June 2027 and 10,000 MWh by March 2028 • Quarterly Results: Total income surged 132% YoY and 14.63% QoQ to ₹371.64 Cr, while EBITDA jumped 162% YoY and 15.30% QoQ to ₹339.55 Cr • Profitability: Adjusted PAT stood at ₹53.56 Cr versus loss of ₹18.40 Cr YoY, up 1.55% QoQ • Record EBITDA Margin: Margin expanded to 91.36% from 81.02% YoY, improving 1,034 bps, supported by increased operational capacity • Capex Investment: Incurred ₹2,591 Cr capex during Q2 FY27, taking cumulative capex to ₹18,895 Cr as of September 2026 • Capacity Expansion: Commissioned 1,036 MWp renewable energy capacity and approximately 503 MWh BESS during the first seven months of FY27 • Operational Capacity: Total commissioned capacity reached 2,844 MWp renewable energy and 604 MWh BESS • Wind Power Expansion: Commissioned 51 units of 5 MW wind turbines with 181-metre rotor diameter during FY27 to date • Total Project Portfolio: Portfolio stands at 11,218 MWp renewable energy capacity and 8,989 MWh BESS, including operational, under-construction, contracted and awarded projects • Revenue Visibility: Approximately 98% of the portfolio is secured through long-term PPAs, typically spanning 25 years • Counterparty Quality: Around 98% of the portfolio has offtakers rated A or above • Future Project Pipeline: Surplus grid connectivity of over 5,200 MW available for future bids, with connectivity supporting installation of more than 20,000 MWh BESS • Cash Profit: Q2 cash PAT surged 285% YoY and 19.87% QoQ to ₹152.55 Cr • H1 Performance: Total income increased 104% YoY to ₹695.85 Cr, EBITDA surged 120% to ₹634.04 Cr and adjusted PAT reached ₹106.30 Cr • Credit Rating Upgrade: ICRA upgraded the company's credit rating to AA- (Stable), strengthening its financing profile • Future Growth Plans: Focused on scaling solar, wind, hybrid and battery storage projects, backed by long-term power agreements and secured grid connectivity
JUNIPER GREEN ENERGY LTD