Jyoti Ltd
Jyoti Limited, incorporated in 1943,
is a Vadodara-based manufacturer
of engineered pumps /pumping systems,
motors and generators, hydel equipment, medium-voltage switchgear and electro-mechanical relays for water, irrigation and
power applications.[1]
- Market Cap ₹ 137 Cr.
- Current Price ₹ 59.5
- High / Low ₹ 102 / 48.5
- Stock P/E 8.21
- Book Value ₹ -9.11
- Dividend Yield 0.00 %
- ROCE 12.8 %
- ROE %
- Face Value ₹ 10.0
Pros
Cons
- Promoter holding is low: 24.2%
- Contingent liabilities of Rs.166 Cr.
- Promoters have pledged 97.4% of their holding.
- Company has high debtors of 220 days.
* 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.
Peer comparison
Industrials Capital Goods Electrical Equipment Heavy Electrical Equipment
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 237 | 238 | 269 | 260 | 170 | 107 | 115 | 120 | 155 | 175 | 245 | 277 | 282 | |
| 263 | 227 | 247 | 242 | 167 | 115 | 114 | 114 | 145 | 163 | 227 | 253 | 257 | |
| Operating Profit | -26 | 10 | 22 | 18 | 2 | -7 | 2 | 6 | 10 | 13 | 18 | 24 | 25 |
| OPM % | -11% | 4.3% | 8% | 7% | 1.5% | -7% | 1.3% | 4.9% | 6% | 7% | 7% | 9% | 9% |
| 3 | 4 | -54 | -2 | 1 | 4 | 4 | 9 | 3 | 2 | 4 | 5 | 4 | |
| Interest | 76 | 79 | 75 | 3 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 1 | 0 |
| Depreciation | 14 | 14 | 11 | 10 | 10 | 9 | 8 | 7 | 7 | 6 | 5 | 5 | 5 |
| Profit before tax | -113 | -78 | -118 | 3 | -7 | -15 | -5 | 6 | 4 | 8 | 16 | 23 | 23 |
| Tax % | 0% | -0% | -0% | -30% | -15% | -8% | -22% | 76% | -21% | -11% | -3% | 20% | |
| -114 | -78 | -118 | 4 | -6 | -14 | -4 | 2 | 5 | 8 | 16 | 18 | 17 | |
| EPS in Rs | -66.29 | -45.54 | -68.87 | 2.11 | -2.70 | -5.93 | -1.53 | 0.65 | 2.00 | 3.65 | 7.03 | 7.82 | 7.47 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 2% |
| 5 Years: | 19% |
| 3 Years: | 21% |
| TTM: | 4% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 8% |
| 5 Years: | 62% |
| 3 Years: | 17% |
| TTM: | -15% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 3% |
| 5 Years: | 42% |
| 3 Years: | -2% |
| 1 Year: | -37% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| Last Year: | % |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 17 | 17 | 17 | 17 | 23 | 23 | 23 | 23 | 23 | 23 | 23 | 23 |
| Reserves | -160 | -226 | -353 | -349 | -319 | -333 | -316 | -92 | -87 | -79 | -63 | -44 |
| 578 | 605 | 618 | 583 | 525 | 521 | 477 | 271 | 255 | 242 | 221 | 209 | |
| 224 | 230 | 293 | 270 | 230 | 203 | 178 | 101 | 94 | 98 | 137 | 137 | |
| Total Liabilities | 659 | 626 | 575 | 521 | 459 | 414 | 362 | 303 | 285 | 284 | 318 | 325 |
| 110 | 99 | 89 | 82 | 73 | 65 | 57 | 47 | 41 | 37 | 35 | 35 | |
| CWIP | 34 | 34 | 32 | 29 | 26 | 26 | 15 | 0 | 0 | 0 | 0 | 0 |
| Investments | 1 | 0 | 14 | 16 | 16 | 14 | 10 | 10 | 10 | 11 | 13 | 14 |
| 514 | 493 | 439 | 394 | 344 | 309 | 280 | 245 | 233 | 236 | 270 | 277 | |
| Total Assets | 659 | 626 | 575 | 521 | 459 | 414 | 362 | 303 | 285 | 284 | 318 | 325 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 0 | 36 | -5 | 40 | 50 | 1 | 29 | 40 | 16 | 23 | 16 | 16 | |
| 0 | 3 | -6 | -2 | 3 | 4 | 9 | 8 | 7 | -1 | -4 | -1 | |
| 0 | -44 | 11 | -36 | -55 | -4 | -34 | -54 | -16 | -14 | -22 | -12 | |
| Net Cash Flow | 0 | -5 | 1 | 2 | -3 | 1 | 4 | -6 | 8 | 9 | -10 | 3 |
| Free Cash Flow | 0 | 36 | -8 | 37 | 49 | 1 | 29 | 39 | 16 | 21 | 13 | 11 |
| CFO/OP | 0% | 323% | -20% | 231% | 2,034% | -35% | 1,734% | 389% | 151% | 182% | 96% | 88% |
Ratios
Consolidated / View Standalone
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 540 | 531 | 431 | 421 | 621 | 860 | 736 | 512 | 367 | 334 | 294 | 220 |
| Inventory Days | 144 | 139 | 82 | 51 | 61 | 97 | 52 | 72 | 40 | 42 | 61 | 95 |
| Days Payable | 243 | 228 | 210 | 194 | 333 | 422 | 344 | 346 | 251 | 232 | 238 | 206 |
| Cash Conversion Cycle | 440 | 442 | 303 | 278 | 350 | 536 | 444 | 238 | 155 | 144 | 117 | 109 |
| Working Capital Days | 75 | -68 | -307 | -363 | -526 | -793 | -814 | 224 | -32 | -110 | -169 | -143 |
| ROCE % | 0% | 6% | 5% | -2% | -6% | -1% | 4% | 6% | 4% | 9% | 13% |
Insights
In beta| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Permanent Employee Count Nos. ・Standalone data |
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| HT Switchgear Panels Production Volume Nos. ・Standalone data |
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| Pumps and Pumpsets Share of Product Revenue % ・Standalone data |
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| Switchboards and HT Circuit Breakers Share of Product Revenue % ・Standalone data |
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| VCB Production Volume Nos. ・Standalone data |
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| Order Book Position ₹ Crores ・Standalone data |
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| HT Machines Production Volume Nos. ・Standalone data |
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| Pumps Production Volume Nos. ・Standalone data |
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| R&D Expenditure (Percentage of Turnover) % ・Standalone data |
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Extracted by Screener AI
Documents
Announcements
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
- Compliance Certificate for the quarter ended on 30th September, 2026
- Closure of Trading Window
-
Shareholder Meeting / Postal Ballot-Scrutinizer''s Report
- 82nd AGM voting results on 24 Sep 2026; four resolutions passed, including sale or lease of undertaking.
-
Announcement under Regulation 30 (LODR)-Change in Directorate
- Jyoti Ltd appointed Mr. Minesh Natubhai Patel as additional independent director for five years from 24 September 2026.
- Shareholder Meeting / Postal Ballot-Outcome of AGM
Annual reports
-
Annual Report 2026
from bse
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Annual Report 2025
from bse
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Annual Report 2024
from bse
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Annual Report 2023
from bse
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Annual Report 2022
from bse
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Annual Report 2021
from bse
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Annual Report 2020
from bse
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Annual Report 2019
from bse
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Annual Report 2018
from bse
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Annual Report 2017
from bse
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Annual Report 2016
from bse
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Annual Report 2015
from bse
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Annual Report 2014
from bse
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Annual Report 2013
from bse
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Annual Report 2012
from bse
Business Overview[1]
Jyoti Ltd is an Engineering Company that
does business in the Power sector and Water
sector. It offers hydraulic and electrical products
and services and designs and manufactures a wide
range of Pumps and EPC Pumping Systems from the
concept to commissioning. The company is comprised
of 2 divisions viz. Project Division and Switchgear Division