Jaiprakash Power Ventures Ltd

Jaiprakash Power Ventures Ltd

₹ 14.8 0.41%
21 May - close price
About

Incorporated in 1994, Jaiprakash Power Venture Limited operates in coal mining, sand mining, cement grinding, and production of thermal and hydroelectric electricity[1]

Key Points

Power Plant Operations
A) 400 MW Vishnuprayag Hydro-Electric Plant in the State of Uttarakhand, which is in operation since October 2007
B) 500 MW Jaypee Bina Thermal Power Plant in Distt. Sagar (M.P.) consists of two units of 250 MW each, First unit had been in operation since August 2012, and the second unit since April 2013.
C) 1320 MW Jaypee Nigrie Supercritical Thermal Power Plant (JNSTPP) in Distt. Singrauli (M.P.) consists of two units of 660 MW each, First unit had been in operation since September 2014, and the second unit since February 2015. [1]

  • Market Cap 10,164 Cr.
  • Current Price 14.8
  • High / Low 23.8 / 12.4
  • Stock P/E 12.5
  • Book Value 17.9
  • Dividend Yield 0.00 %
  • ROCE 10.2 %
  • ROE 6.83 %
  • Face Value 10.0

Pros

  • Stock is trading at 0.83 times its book value
  • Company has delivered good profit growth of 19.8% CAGR over last 5 years

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • The company has delivered a poor sales growth of 10.7% over past five years.
  • Company has a low return on equity of 6.44% over last 3 years.
  • Promoters have pledged 79.2% of their holding.

* 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.

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025
1,406 1,820 1,385 1,201 1,380 1,708 1,350 2,190 1,515 1,755 1,226 1,140 1,341
1,131 1,192 1,130 1,191 1,158 1,186 939 1,613 788 965 840 850 952
Operating Profit 275 628 256 10 221 521 411 577 727 790 386 290 389
OPM % 20% 35% 18% 1% 16% 31% 30% 26% 48% 45% 32% 25% 29%
126 9 116 5 5 7 -70 -56 -290 24 78 116 25
Interest 143 150 138 135 137 119 117 105 109 109 110 97 97
Depreciation 119 116 117 117 115 115 116 117 116 118 120 116 116
Profit before tax 139 372 117 -238 -25 294 108 299 212 588 234 192 201
Tax % 102% 35% 36% -9% 67% 35% 36% 42% -19% 41% 22% 35% 23%
-2 242 75 -217 -41 192 69 173 253 348 182 125 155
EPS in Rs -0.00 0.35 0.11 -0.32 -0.06 0.28 0.10 0.25 0.37 0.51 0.27 0.18 0.23
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
2,693 3,944 3,884 2,792 3,381 3,732 3,284 3,302 4,625 5,787 6,763 5,462
833 1,354 1,528 1,811 2,370 2,553 2,396 2,144 3,512 4,671 4,526 3,607
Operating Profit 1,861 2,591 2,356 981 1,011 1,180 888 1,158 1,113 1,116 2,237 1,855
OPM % 69% 66% 61% 35% 30% 32% 27% 35% 24% 19% 33% 34%
47 122 80 88 349 194 -2,439 376 235 135 -410 244
Interest 1,448 2,118 2,344 1,806 1,492 1,433 650 578 556 560 449 414
Depreciation 447 465 566 487 487 475 479 480 481 464 465 470
Profit before tax 13 130 -474 -1,224 -619 -533 -2,680 476 311 227 913 1,215
Tax % -47% -6% -51% -38% -15% -29% 31% 23% 65% 74% 25% 33%
20 137 -232 -761 -527 -378 -3,505 366 108 59 686 811
EPS in Rs 0.07 0.47 -0.79 -1.27 -0.88 -0.63 -5.12 0.53 0.16 0.09 1.00 1.18
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: 3%
5 Years: 11%
3 Years: 6%
TTM: -19%
Compounded Profit Growth
10 Years: 20%
5 Years: 20%
3 Years: 96%
TTM: -38%
Stock Price CAGR
10 Years: 8%
5 Years: 77%
3 Years: 26%
1 Year: -24%
Return on Equity
10 Years: -1%
5 Years: 4%
3 Years: 6%
Last Year: 7%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

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 2,938 2,938 2,938 5,996 5,996 5,996 6,840 6,853 6,853 6,853 6,853 6,853
Reserves 3,392 3,441 4,677 3,897 3,369 2,992 3,391 3,760 3,869 3,928 4,615 5,425
20,541 22,901 14,523 11,827 11,310 11,149 5,777 5,236 5,078 4,761 4,246 3,778
2,463 2,739 1,917 2,496 3,099 3,831 1,688 1,467 1,869 2,089 1,583 1,722
Total Liabilities 29,334 32,020 24,054 24,215 23,775 23,969 17,696 17,317 17,670 17,632 17,297 17,779
12,449 23,104 16,158 15,853 15,412 15,021 14,600 14,203 13,734 13,318 12,939 12,695
CWIP 9,913 358 146 158 159 131 140 77 61 91 132 75
Investments 5,005 5,780 5,476 5,517 5,736 5,736 1,032 900 1,022 972 757 722
1,967 2,778 2,273 2,688 2,468 3,080 1,924 2,137 2,853 3,251 3,470 4,287
Total Assets 29,334 32,020 24,054 24,215 23,775 23,969 17,696 17,317 17,670 17,632 17,297 17,779

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
2,218 2,470 2,401 1,438 1,359 1,043 1,030 814 845 768 1,933 1,715
-2,960 -2,660 8,303 -15 -193 -168 -131 278 -113 109 -997 39
965 -63 -10,855 -1,462 -1,177 -901 -822 -1,135 -711 -880 -964 -892
Net Cash Flow 222 -253 -151 -39 -11 -26 76 -43 22 -3 -28 862

Ratios

Standalone Figures in Rs. Crores / View Consolidated

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 34 66 38 59 32 48 40 87 73 74 64 63
Inventory Days 65
Days Payable 25
Cash Conversion Cycle 34 66 38 59 32 48 40 87 73 74 64 104
Working Capital Days -528 -461 -279 -406 -382 -429 -57 23 45 68 61 80
ROCE % 6% 8% 7% 3% 4% 4% 3% 5% 5% 5% 14% 10%

Shareholding Pattern

Numbers in percentages

Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025
24.00% 24.00% 24.00% 24.00% 24.00% 24.00% 24.00% 24.00% 24.00% 24.00% 24.00% 24.00%
2.83% 3.38% 3.67% 4.97% 4.70% 4.65% 5.14% 6.06% 7.59% 7.78% 6.26% 6.31%
23.12% 22.18% 22.15% 22.19% 22.15% 21.62% 20.46% 18.46% 18.18% 18.29% 17.49% 17.52%
50.05% 50.44% 50.18% 48.85% 49.15% 49.74% 50.41% 51.47% 50.21% 49.94% 52.27% 52.17%
No. of Shareholders 15,46,87214,96,28414,85,08614,63,79214,57,88715,47,91517,62,61521,86,63423,01,63623,97,33725,14,21225,54,277

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

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