SGPL S.G. Power Limited

S.G. Power Limited (SGPL) financial ratios

S.G. Power Limited earned a net margin of -136.8% in FY2025 against a five-year average of -50.1% (Power Generation & Distribution median 3.9%). Return on equity was -172.5%, compared with a sector median of 0.2%. The current ratio stood at 0.45× and debt was 285.2% of equity. Cash took about 197 days to cycle through receivables, inventory and payables.

FY2025 vs the Power Generation & Distribution median

Gross margin: -29.1%; Sector median 12.5%
Operating margin: -136.7%; Sector median 6.9%
Net margin: -136.8%; Sector median 3.9%
Return on equity (ROE): -172.5%; Sector median 0.2%
Return on assets (ROA): -45.6%; Sector median 0.1%
Current ratio: 0.45×; Sector median 2.32×
Debt to equity: 285.2%; Sector median 32.9%
Asset turnover: 0.33×; Sector median 0.17×

Median of the 16 companies in the sector with the figure for their latest fiscal year.

SGPL financial ratios (annual) (Rs mn)
Rs mn	FY2025 Jul 2024 – Jun 2025	FY2024 Jul 2023 – Jun 2024	FY2023 Jul 2022 – Jun 2023	FY2022 Jul 2021 – Jun 2022	FY2021 Jul 2020 – Jun 2021	FY2020 Jul 2019 – Jun 2020	FY2019 Jul 2018 – Jun 2019	FY2018 Jul 2017 – Jun 2018	FY2017 Jul 2016 – Jun 2017	FY2016 Jul 2015 – Jun 2016
Profitability
Gross margin	(29.1%)	13.5%	(81.4%)	7.6%	10.7%	26.0%	22.5%	(147.4%)	(810.4%)	—
EBITDA margin	(126.0%)	13.9%	(62.5%)	(2.3%)	(30.4%)	29.0%	26.1%	(133.8%)	(1,704.8%)	—
Operating margin	(136.7%)	9.6%	(86.7%)	(7.8%)	(35.7%)	24.3%	18.1%	(161.6%)	(1,981.2%)	—
Pre-tax margin	(136.8%)	9.6%	(86.7%)	(7.8%)	(35.7%)	24.3%	18.1%	(126.2%)	(4,766.6%)	—
Net margin	(136.8%)	9.6%	(86.7%)	(7.8%)	(29.0%)	24.3%	18.1%	(126.2%)	(4,766.6%)	—
Effective tax rate	—	0.0%	—	—	—	0.0%	0.0%	—	—	—
Returns
Return on equity (ROE)	(172.5%)	20.2%	(31.2%)	(5.8%)	(21.3%)	17.5%	9.7%	(19.3%)	(97.4%)	—
Return on assets (ROA)	(45.6%)	10.7%	(20.9%)	(4.3%)	(15.8%)	13.2%	7.1%	(15.4%)	(67.6%)	—
Return on invested capital (ROIC)	—	19.5%	—	—	—	17.4%	9.7%	—	—	—
Liquidity
Current ratio	0.45×	0.70×	0.01×	0.49×	0.31×	1.17×	0.51×	0.12×	0.12×	0.33×
Quick ratio	—	—	—	—	—	—	—	0.12×	0.12×	0.03×
Leverage
Debt to equity	285.2%	6.5%	0.6%	0.4%	0.4%	0.3%	0.4%	0.0%	0.0%	0.0%
Debt to capital	74.0%	6.1%	0.6%	0.4%	0.4%	0.3%	0.4%	0.0%	0.0%	0.0%
Debt to assets	10.4%	3.2%	0.4%	0.3%	0.3%	0.3%	0.3%	0.0%	0.0%	0.0%
Assets to equity	3.78×	1.89×	1.49×	1.37×	1.35×	1.32×	1.36×	1.26×	1.44×	—
Efficiency
Asset turnover	0.33×	1.11×	0.24×	0.55×	0.55×	0.54×	0.39×	0.12×	0.01×	—
Receivable days days	408	70	50	19	94	133	62	2	58	—
Inventory days days	—	—	—	—	—	—	—	—	233	—
Payable days days	211	83	152	96	69	55	39	63	505	—
Cash conversion cycle days	197	(14)	(102)	(77)	25	78	23	(61)	(216)	—
Dividends
Dividend payout ratio	—	0.0%	—	—	—	0.0%	0.0%	—	—	—
Earnings retention rate	—	1.00×	—	—	—	1.00×	1.00×	—	—	—

Ratios as reported for each fiscal year; returns are on average equity / assets. Debt ratios are percentages; turnover in times; working-capital measures in days.

SGPL: frequently asked questions

What is SGPL's EPS?

S.G. Power Limited reported basic earnings per share of Rs -0.17 for FY2025 (Jul 2024 – Jun 2025).

Does SGPL pay dividends?

S.G. Power Limited did not declare a cash dividend for FY2025.

What was SGPL's revenue and profit in FY2025?

S.G. Power Limited reported revenue of Rs 6.1 mn and profit attributable to shareholders of -Rs 8.4 mn for FY2025 (Jul 2024 – Jun 2025).

What is SGPL's book value per share?

S.G. Power Limited's book value per share was Rs 0.01 at the end of FY2025. The shares trade at 1,703.24× book value.

Information only, not investment advice.