Jaiprakash Power Ventures Ltd
Incorporated in 1994, Jaiprakash Power Venture Limited operates in coal mining, sand mining, cement grinding, and production of thermal and hydroelectric electricity[1]
- Market Cap ₹ 12,165 Cr.
- Current Price ₹ 17.8
- High / Low ₹ 27.7 / 12.4
- Stock P/E 16.4
- Book Value ₹ 18.6
- Dividend Yield 0.00 %
- ROCE 10.3 %
- ROE 6.85 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 0.95 times its book value
- Company has delivered good profit growth of 20.0% 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 6.86% over last 3 years.
- Promoters have pledged or encumbered 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.
Peer comparison
Utilities Power Power Power Generation
Part of BSE 500 Nifty 500 BSE SmallCap Nifty Energy BSE Allcap
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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2,889 | 4,140 | 4,113 | 4,658 | 4,877 | 3,892 | 3,284 | 3,302 | 4,625 | 5,787 | 6,763 | 5,462 | 5,503 | |
| 840 | 1,361 | 1,561 | 2,944 | 3,352 | 2,623 | 2,396 | 2,144 | 3,512 | 4,666 | 4,527 | 3,608 | 3,752 | |
| Operating Profit | 2,050 | 2,779 | 2,552 | 1,713 | 1,525 | 1,268 | 887 | 1,157 | 1,113 | 1,121 | 2,236 | 1,855 | 1,750 |
| OPM % | 71% | 67% | 62% | 37% | 31% | 33% | 27% | 35% | 24% | 19% | 33% | 34% | 32% |
| 24 | 90 | 75 | 87 | 41 | 219 | -1,074 | 293 | 235 | 129 | -73 | 245 | 230 | |
| Interest | 1,524 | 2,189 | 2,478 | 2,777 | 2,614 | 1,474 | 652 | 579 | 556 | 560 | 449 | 414 | 392 |
| Depreciation | 499 | 518 | 635 | 771 | 819 | 528 | 479 | 480 | 481 | 464 | 465 | 470 | 469 |
| Profit before tax | 51 | 162 | -485 | -1,748 | -1,867 | -515 | -1,318 | 392 | 310 | 225 | 1,249 | 1,216 | 1,120 |
| Tax % | 8% | -4% | -50% | -26% | -9% | -29% | 63% | 28% | 65% | 75% | 18% | 33% | |
| 47 | 169 | -243 | -1,295 | -1,690 | -367 | -2,147 | 281 | 107 | 55 | 1,022 | 814 | 743 | |
| EPS in Rs | 0.11 | 0.51 | -0.87 | -2.06 | -2.66 | -0.64 | -3.16 | 0.39 | 0.16 | 0.08 | 1.49 | 1.19 | 1.09 |
| Dividend Payout % | 61% | 2% | -115% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 3% |
| 5 Years: | 11% |
| 3 Years: | 6% |
| TTM: | -18% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 19% |
| 5 Years: | 20% |
| 3 Years: | 96% |
| TTM: | -55% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 9% |
| 5 Years: | 40% |
| 3 Years: | 32% |
| 1 Year: | -1% |
| Return on Equity | |
|---|---|
| 10 Years: | -2% |
| 5 Years: | 5% |
| 3 Years: | 7% |
| Last Year: | 7% |
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 | Sep 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 | 6,853 |
| Reserves | 3,407 | 3,473 | 4,676 | 3,391 | 1,783 | 1,381 | 3,158 | 3,429 | 3,536 | 3,592 | 4,614 | 5,428 | 5,888 |
| 27,503 | 32,065 | 25,076 | 23,994 | 23,416 | 23,194 | 6,023 | 5,227 | 5,078 | 4,761 | 4,246 | 3,778 | 3,519 | |
| 4,380 | 4,086 | 3,583 | 4,454 | 5,907 | 6,690 | 1,822 | 1,485 | 1,879 | 2,101 | 1,590 | 1,726 | 1,828 | |
| Total Liabilities | 38,228 | 42,561 | 36,273 | 37,836 | 37,102 | 37,260 | 17,844 | 16,994 | 17,347 | 17,307 | 17,303 | 17,786 | 18,089 |
| 13,529 | 24,156 | 23,530 | 27,437 | 31,093 | 30,650 | 15,251 | 14,272 | 13,803 | 13,385 | 13,007 | 12,696 | 12,561 | |
| CWIP | 19,631 | 12,696 | 8,029 | 4,848 | 561 | 534 | 477 | 411 | 395 | 419 | 240 | 249 | 182 |
| Investments | 1,986 | 1,986 | 1,986 | 1,986 | 1,986 | 1,986 | 21 | 112 | 234 | 191 | 525 | 490 | 490 |
| 3,083 | 3,724 | 2,729 | 3,565 | 3,461 | 4,090 | 2,095 | 2,199 | 2,915 | 3,312 | 3,532 | 4,350 | 4,855 | |
| Total Assets | 38,228 | 42,561 | 36,273 | 37,836 | 37,102 | 37,260 | 17,844 | 16,994 | 17,347 | 17,307 | 17,303 | 17,786 | 18,089 |
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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2,249 | 2,676 | 2,816 | 1,413 | 1,782 | 1,178 | 1,028 | 813 | 845 | 767 | 1,927 | 1,714 | |
| -5,059 | -4,886 | 6,416 | -802 | -230 | -191 | -145 | 280 | -113 | 109 | -991 | 39 | |
| 3,084 | 2,058 | -9,494 | -672 | -1,543 | -1,020 | -822 | -1,136 | -711 | -880 | -964 | -892 | |
| Net Cash Flow | 274 | -152 | -262 | -61 | 9 | -33 | 61 | -43 | 22 | -3 | -28 | 862 |
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 | 37 | 66 | 48 | 80 | 73 | 111 | 45 | 87 | 73 | 74 | 64 | 63 |
| Inventory Days | ||||||||||||
| Days Payable | ||||||||||||
| Cash Conversion Cycle | 37 | 66 | 48 | 80 | 73 | 111 | 45 | 87 | 73 | 74 | 64 | 63 |
| Working Capital Days | -614 | -568 | -362 | -373 | -558 | -782 | -118 | -30 | -5 | 19 | 28 | 45 |
| ROCE % | 5% | 6% | 6% | 3% | 3% | 3% | 2% | 5% | 6% | 5% | 14% | 10% |
Documents
Announcements
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Closure of Trading Window
1d - Trading window closed from 1 Jan 2026 until 48 hours after unaudited results for quarter/nine months ended 31 Dec 2025.
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Announcement under Regulation 30 (LODR)-Credit Rating
20 Nov 2025 - CRISIL reaffirmed JP Power Ventures' Rs 5,600 crore long-term bank facilities rating CRISIL BBB/Stable on 20 Nov 2025.
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Frauds-Initial Disclosure
13 Nov 2025 - Non-executive Chairman Manoj Gaur arrested by ED under PMLA on 13 Nov 2025; alleged offences linked to JIL and JAL.
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General Update
27 Oct 2025 - IDRCL demanded payment under corporate guarantee (letter dated 24 Oct 2025); DRT substituted NARCL on 24 Sep 2025.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
20 Oct 2025 - Quarterly and Half yearly Results of the Company having been approved at the Board Meeting held on 18th October, 2025 and published in News Papers …
Annual reports
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Financial Year 2025
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2012
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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]