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 ₹ 700 Cr.
- Current Price ₹ 2.85
- High / Low ₹ 17.0 / 2.81
- Stock P/E
- Book Value ₹ -15.9
- Dividend Yield 0.00 %
- ROCE 3.15 %
- ROE %
- Face Value ₹ 2.00
Pros
Cons
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -6.54% over past five years.
- Promoter holding is low: 30.2%
- Contingent liabilities of Rs.8,001 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
Sector: Construction Industry: Construction
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
18,950 | 19,832 | 19,666 | 18,397 | 13,759 | 7,645 | 9,210 | 7,035 | 6,406 | 5,752 | 7,263 | 6,568 | 6,276 | |
12,116 | 13,295 | 13,356 | 13,525 | 12,059 | 8,236 | 9,850 | 7,031 | 5,703 | 5,842 | 6,618 | 6,188 | 6,056 | |
Operating Profit | 6,835 | 6,538 | 6,310 | 4,871 | 1,700 | -591 | -640 | 5 | 703 | -90 | 645 | 381 | 220 |
OPM % | 36% | 33% | 32% | 26% | 12% | -8% | -7% | 0% | 11% | -2% | 9% | 6% | 4% |
189 | 530 | 609 | 75 | -2,946 | 1,262 | -261 | 2,702 | 207 | -5 | -520 | -258 | -984 | |
Interest | 4,662 | 6,233 | 7,338 | 7,847 | 7,469 | 2,486 | 988 | 1,159 | 1,001 | 998 | 1,056 | 1,039 | 1,162 |
Depreciation | 1,436 | 1,708 | 1,694 | 1,820 | 1,888 | 782 | 592 | 603 | 568 | 395 | 381 | 384 | 576 |
Profit before tax | 925 | -874 | -2,113 | -4,721 | -10,603 | -2,597 | -2,481 | 945 | -659 | -1,487 | -1,312 | -1,300 | -2,502 |
Tax % | 16% | -20% | -27% | -33% | -11% | -0% | 7% | 41% | 1% | 1% | 3% | 3% | |
777 | -703 | -1,551 | -3,164 | -9,413 | -2,597 | -2,644 | 561 | -667 | -1,498 | -1,352 | -1,339 | -2,523 | |
EPS in Rs | 2.08 | -3.72 | -7.13 | -12.13 | -35.79 | -7.96 | -8.41 | 4.50 | -2.71 | -6.02 | -5.47 | -5.46 | -10.26 |
Dividend Payout % | 24% | -3% | -1% | -0% | -0% | -0% | -0% | -0% | -0% | -0% | -0% | -0% |
Compounded Sales Growth | |
---|---|
10 Years: | -10% |
5 Years: | -7% |
3 Years: | 1% |
TTM: | -9% |
Compounded Profit Growth | |
---|---|
10 Years: | 1% |
5 Years: | 7% |
3 Years: | -20% |
TTM: | -76% |
Stock Price CAGR | |
---|---|
10 Years: | -17% |
5 Years: | 14% |
3 Years: | -31% |
1 Year: | -82% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
Last Year: | % |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 444 | 444 | 486 | 486 | 486 | 486 | 486 | 486 | 489 | 491 | 491 | 491 | 491 |
Reserves | 12,109 | 9,826 | 14,469 | 12,030 | 3,324 | 4,192 | 606 | 1,695 | 1,073 | -406 | -1,742 | -3,085 | -4,402 |
63,111 | 72,599 | 75,274 | 66,246 | 38,953 | 28,859 | 28,678 | 19,692 | 19,146 | 19,097 | 16,458 | 15,412 | 15,227 | |
18,884 | 19,807 | 19,272 | 21,424 | 18,590 | 16,088 | 26,819 | 14,415 | 15,654 | 18,209 | 22,561 | 23,323 | 23,975 | |
Total Liabilities | 94,548 | 102,676 | 109,501 | 100,187 | 61,354 | 49,626 | 56,590 | 36,289 | 36,362 | 37,391 | 37,768 | 36,141 | 35,291 |
42,557 | 45,434 | 53,775 | 42,785 | 18,589 | 19,714 | 19,845 | 9,589 | 8,988 | 8,618 | 4,958 | 4,607 | 4,840 | |
CWIP | 22,302 | 27,124 | 19,420 | 11,321 | 2,866 | 1,465 | 673 | 679 | 714 | 247 | 193 | 289 | 321 |
Investments | 3,462 | 3,042 | 3,026 | 2,713 | 2,127 | 1,318 | 1,210 | 1,671 | 1,462 | 1,462 | 1,492 | 1,203 | 512 |
26,227 | 27,076 | 33,280 | 43,369 | 37,772 | 27,129 | 34,860 | 24,351 | 25,198 | 27,064 | 31,125 | 30,042 | 29,618 | |
Total Assets | 94,548 | 102,676 | 109,501 | 100,187 | 61,354 | 49,626 | 56,590 | 36,289 | 36,362 | 37,391 | 37,768 | 36,141 | 35,291 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
5,522 | 4,553 | 3,696 | 6,676 | 5,793 | -855 | 770 | 827 | 1,076 | 21 | 761 | 1,170 | |
-11,803 | -7,316 | -3,608 | 7,000 | -1,426 | 15,122 | -3 | -266 | -3 | 60 | -116 | 134 | |
6,713 | 2,546 | -518 | -14,421 | -4,554 | -14,220 | -931 | -570 | -743 | -281 | -625 | -960 | |
Net Cash Flow | 432 | -216 | -430 | -745 | -187 | 47 | -165 | -10 | 330 | -200 | 20 | 344 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 40 | 39 | 64 | 84 | 49 | 93 | 85 | 120 | 121 | 194 | 121 | 129 |
Inventory Days | 1,042 | 793 | 1,148 | 876 | 1,407 | 2,816 | 3,173 | 2,121 | 3,083 | 2,762 | 2,362 | 2,746 |
Days Payable | 399 | 325 | 365 | 146 | 257 | 481 | 405 | 392 | 442 | 468 | 334 | 384 |
Cash Conversion Cycle | 683 | 507 | 847 | 814 | 1,199 | 2,427 | 2,853 | 1,849 | 2,763 | 2,488 | 2,149 | 2,491 |
Working Capital Days | -31 | -95 | -38 | 373 | -133 | 292 | 121 | 413 | 617 | 761 | 628 | 648 |
ROCE % | 8% | 6% | 5% | 4% | -0% | -3% | -4% | -2% | 1% | -1% | 3% | 3% |
Documents
Announcements
-
Corporate Insolvency Resolution Process (CIRP)-Updates - Corporate Insolvency Resolution Process (CIRP)
15 May - 13th Committee of Creditors meeting held on 14 May 2025; outcome pending voting.
-
Corporate Insolvency Resolution Process (CIRP)-Intimation of meeting of Committee of Creditors
13 May - 13th Committee of Creditors meeting on 14 May 2025 under CIRP for Jaiprakash Associates.
-
Disclosure Of Defaults On Payment Of Interest/Repayment Of
Principal Amount On Loans From Banks/Financial Institutions - Month Ended April, 2025.
6 May - JAL under insolvency with INR 55,933.69 Cr debt; lenders verifying claims as of April 2025.
-
Intimation Under Regulation 30 Of The SEBI (LODR) Regulation 2015.
5 May - Jaiprakash Associates disputes Rs.1022 Cr claims with NHAI; Rs.485 Cr counterclaims; conciliation underway.
-
Intimation Under Regulation 30 Of The SEBI (LODR) Regulation 2015.
5 May - Jaiprakash Associates and NHAI dispute Rs.1461 Cr claims; referred for conciliation settlement.
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