Jaiprakash Associates Ltd
Incorporated in 1995, Jaiprakash Associates Ltd is in the business of Engineering & Construction, Manufacturing of Cement, Power, Fertilizer, Real Estate development, Infrastructure, Hotel/ Hospitality, etc.[1]
- Market Cap ₹ 940 Cr.
- Current Price ₹ 3.80
- High / Low ₹ 8.64 / 2.56
- Stock P/E
- Book Value ₹ -21.7
- Dividend Yield 0.00 %
- ROCE -1.50 %
- ROE %
- Face Value ₹ 2.00
Pros
- Debtor days have improved from 109 to 76.8 days.
Cons
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -3.80% over past five years.
- Promoter holding is low: 30.2%
- Contingent liabilities of Rs.8,001 Cr.
- Earnings include an other income of Rs.317 Cr.
- Promoter holding has decreased over last 3 years: -7.93%
* 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
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
19,832 | 19,666 | 18,397 | 13,759 | 7,645 | 9,210 | 7,035 | 6,406 | 5,752 | 7,263 | 6,568 | 5,796 | 4,661 | |
13,295 | 13,356 | 13,525 | 12,059 | 8,236 | 9,850 | 7,031 | 5,703 | 5,842 | 6,618 | 6,188 | 5,954 | 4,899 | |
Operating Profit | 6,538 | 6,310 | 4,871 | 1,700 | -591 | -640 | 5 | 703 | -90 | 645 | 381 | -159 | -238 |
OPM % | 33% | 32% | 26% | 12% | -8% | -7% | 0% | 11% | -2% | 9% | 6% | -3% | -5% |
530 | 609 | 75 | -2,946 | 1,262 | -261 | 2,702 | 207 | -5 | -520 | -258 | -976 | 317 | |
Interest | 6,233 | 7,338 | 7,847 | 7,469 | 2,486 | 988 | 1,159 | 1,001 | 998 | 1,056 | 1,039 | 1,160 | 1,108 |
Depreciation | 1,708 | 1,694 | 1,820 | 1,888 | 782 | 592 | 603 | 568 | 395 | 381 | 384 | 576 | 587 |
Profit before tax | -874 | -2,113 | -4,721 | -10,603 | -2,597 | -2,481 | 945 | -659 | -1,487 | -1,312 | -1,300 | -2,871 | -1,616 |
Tax % | -20% | -27% | -33% | -11% | -0% | 7% | 41% | 1% | 1% | 3% | 3% | -2% | |
-703 | -1,551 | -3,164 | -9,413 | -2,597 | -2,644 | 561 | -667 | -1,498 | -1,352 | -1,339 | -2,823 | -1,565 | |
EPS in Rs | -3.72 | -7.13 | -12.13 | -35.79 | -7.96 | -8.41 | 4.50 | -2.71 | -6.02 | -5.47 | -5.46 | -11.17 | -6.01 |
Dividend Payout % | -3% | -1% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | -12% |
5 Years: | -4% |
3 Years: | 0% |
TTM: | -35% |
Compounded Profit Growth | |
---|---|
10 Years: | 4% |
5 Years: | 8% |
3 Years: | 7% |
TTM: | -99% |
Stock Price CAGR | |
---|---|
10 Years: | -9% |
5 Years: | -1% |
3 Years: | -24% |
1 Year: | -57% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
Last Year: | % |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 444 | 486 | 486 | 486 | 486 | 486 | 486 | 489 | 491 | 491 | 491 | 491 |
Reserves | 9,826 | 14,469 | 12,030 | 3,324 | 4,192 | 606 | 1,695 | 1,073 | -406 | -1,742 | -3,085 | -5,811 |
72,599 | 75,274 | 66,246 | 38,953 | 28,859 | 28,678 | 19,692 | 19,146 | 19,097 | 16,458 | 15,412 | 18,497 | |
19,807 | 19,272 | 21,424 | 18,590 | 16,088 | 26,819 | 14,415 | 15,654 | 18,209 | 22,561 | 23,323 | 21,425 | |
Total Liabilities | 102,676 | 109,501 | 100,187 | 61,354 | 49,626 | 56,590 | 36,289 | 36,362 | 37,391 | 37,768 | 36,141 | 34,602 |
45,434 | 53,775 | 42,785 | 18,589 | 19,714 | 19,845 | 9,589 | 8,988 | 8,618 | 4,958 | 4,607 | 6,945 | |
CWIP | 27,124 | 19,420 | 11,321 | 2,866 | 1,465 | 673 | 679 | 714 | 247 | 193 | 289 | 305 |
Investments | 3,042 | 3,026 | 2,713 | 2,127 | 1,318 | 1,210 | 1,671 | 1,462 | 1,462 | 1,492 | 1,203 | 610 |
27,076 | 33,280 | 43,369 | 37,772 | 27,129 | 34,860 | 24,351 | 25,198 | 27,064 | 31,125 | 30,042 | 26,743 | |
Total Assets | 102,676 | 109,501 | 100,187 | 61,354 | 49,626 | 56,590 | 36,289 | 36,362 | 37,391 | 37,768 | 36,141 | 34,602 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
4,553 | 3,696 | 6,676 | 5,793 | -855 | 770 | 827 | 1,076 | 21 | 761 | 1,170 | 558 | |
-7,316 | -3,608 | 7,000 | -1,426 | 15,122 | -3 | -266 | -3 | 60 | -116 | 134 | -219 | |
2,546 | -518 | -14,421 | -4,554 | -14,220 | -931 | -570 | -743 | -281 | -625 | -960 | -412 | |
Net Cash Flow | -216 | -430 | -745 | -187 | 47 | -165 | -10 | 330 | -200 | 20 | 344 | -74 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 39 | 64 | 84 | 49 | 93 | 85 | 120 | 121 | 194 | 121 | 129 | 77 |
Inventory Days | 793 | 1,148 | 876 | 1,407 | 2,816 | 3,173 | 2,121 | 3,083 | 2,762 | 2,362 | 2,746 | 1,277 |
Days Payable | 325 | 365 | 146 | 257 | 481 | 405 | 392 | 442 | 468 | 334 | 384 | 163 |
Cash Conversion Cycle | 507 | 847 | 814 | 1,199 | 2,427 | 2,853 | 1,849 | 2,763 | 2,488 | 2,149 | 2,491 | 1,191 |
Working Capital Days | -171 | -135 | 295 | -226 | 257 | 83 | 356 | 430 | 524 | 474 | 476 | 272 |
ROCE % | 6% | 5% | 4% | -0% | -3% | -4% | -2% | 1% | -1% | 3% | 3% | -2% |
Documents
Announcements
-
Corporate Insolvency Resolution Process (CIRP)-Updates - Corporate Insolvency Resolution Process (CIRP)
2d - Post-facto intimation: 19th CoC meeting held on 22 August 2025 for Jaiprakash Associates.
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 2d
-
Corporate Insolvency Resolution Process (CIRP)-Intimation of meeting of Committee of Creditors
20 Aug - 19th Committee of Creditors meeting for Jaiprakash Associates scheduled 22 Aug 2025 under NCLT-ordered CIRP.
- Announcement under Regulation 30 (LODR)-Newspaper Publication 16 Aug
-
Declaration Of Un-Audited Standalone & Consolidated Financial Results Of The Company For The Quarter Ended 30Th June, 2025
14 Aug - Jaiprakash Associates Q1 FY25 results show Rs 203 Cr loss; under CIRP with ongoing resolution process.
Annual reports
-
Financial Year 2024
from bse
-
Financial Year 2023
from bse
-
Financial Year 2022
from bse
-
Financial Year 2021
from bse
-
Financial Year 2020
from bse
-
Financial Year 2019
from bse
-
Financial Year 2018
from bse
-
Financial Year 2017
from bse
-
Financial Year 2016
from bse
-
Financial Year 2015
from bse
-
Financial Year 2014
from bse
-
Financial Year 2013
from bse
-
Financial Year 2012
from bse
-
Financial Year 2011
from nse
-
Financial Year 2011
from bse
Business Overview:[1]
a) JAL is the flagship company of the Jaypee group
b) It is engaged in engineering and construction, cement, real estate, and hospitality businesses.
c) The company is also engaged in the construction business in the field of civil engineering, design and construction of hydropower, and river valley projects.
d) It is also undertaking power generation,
power transmission, real estate, road BOT, healthcare and fertilizer businesses through its various subsidiaries /SPVs