Jaiprakash Power Ventures Ltd

AI

Jaiprakash Power Ventures Ltd

₹ 13.6 -2.44%
22 Oct - 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

Business Overview:[1][2]
JPVL is promoted by Jaiprakash Associates Ltd (JAL) and is engaged in the business of thermal and hydro power generation, coal mining and cement grinding.

  • Market Cap ₹ 9,321 Cr.
  • Current Price ₹ 13.6
  • High / Low ₹ 24.5 / 13.1
  • Stock P/E 7.79
  • Book Value ₹ 19.3
  • Dividend Yield 0.00 %
  • ROCE 6.97 %
  • ROE 3.60 %
  • Face Value ₹ 10.0

Pros

  • Stock is trading at 0.70 times its book value
  • Company has delivered good profit growth of 24.1% 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 11.0% over past five years.
  • Promoter holding is low: 24.0%
  • Company has a low return on equity of 7.56% over last 3 years.
  • Contingent liabilities of Rs.9,729 Cr.
  • Promoters have pledged 73.0% 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

Consolidated Figures in Rs. Crores / View Standalone

Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026 Jun 2026 Sep 2026
1,350 2,190 1,515 1,755 1,226 1,140 1,341 1,583 1,438 1,156 1,386 1,724 1,512
939 1,613 788 965 840 850 952 982 968 982 1,265 965 856
Operating Profit 411 577 727 790 386 290 388 601 471 174 121 759 657
OPM % 30% 26% 48% 45% 32% 25% 29% 38% 33% 15% 9% 44% 43%
-70 -56 46 24 79 116 26 48 40 56 84 -163 -444
Interest 117 105 109 109 110 97 97 97 100 91 87 102 84
Depreciation 116 117 116 118 120 116 116 117 119 119 117 117 118
Profit before tax 108 299 548 588 234 193 201 435 292 19 2 377 10
Tax % 36% 42% -7% 41% 22% 34% 23% 36% 38% 80% 775% -24% -219%
69 173 589 349 183 127 156 278 182 4 -13 469 33
EPS in Rs 0.10 0.25 0.86 0.51 0.27 0.18 0.23 0.41 0.27 0.01 -0.02 0.68 0.05
Raw PDF

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
4,140 4,113 4,658 4,877 3,892 3,284 3,302 4,625 5,787 6,763 5,462 5,563 5,778
1,361 1,561 2,944 3,352 2,623 2,396 2,144 3,512 4,666 4,527 3,608 4,196 4,068
Operating Profit 2,779 2,552 1,713 1,525 1,268 887 1,157 1,113 1,121 2,236 1,855 1,367 1,710
OPM % 67% 62% 37% 31% 33% 27% 35% 24% 19% 33% 34% 25% 30%
90 75 87 41 219 -1,074 293 235 129 -73 245 228 -466
Interest 2,189 2,478 2,777 2,614 1,474 652 579 556 560 449 414 375 364
Depreciation 518 635 771 819 528 479 480 481 464 465 470 473 472
Profit before tax 162 -485 -1,748 -1,867 -515 -1,318 392 310 225 1,249 1,216 747 408
Tax % -4% -50% -26% -9% -29% 63% 28% 65% 75% 18% 33% 40%
169 -243 -1,295 -1,690 -367 -2,147 281 107 55 1,022 814 451 493
EPS in Rs 0.51 -0.87 -2.06 -2.66 -0.64 -3.16 0.33 0.16 0.08 1.49 1.19 0.66 0.72
Dividend Payout % 2% -115% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: 3%
5 Years: 11%
3 Years: -1%
TTM: 5%
Compounded Profit Growth
10 Years: 15%
5 Years: 24%
3 Years: 97%
TTM: 61%
Stock Price CAGR
10 Years: 11%
5 Years: 23%
3 Years: 15%
1 Year: -24%
Return on Equity
10 Years: -2%
5 Years: 5%
3 Years: 8%
Last Year: 4%

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 Sep 2026
Equity Capital 2,938 2,938 5,996 5,996 5,996 6,840 6,853 6,853 6,853 6,853 6,853 6,853 6,853
Reserves 3,473 4,676 3,391 1,783 1,381 3,158 3,429 3,536 3,592 4,614 5,428 5,879 6,381
32,065 25,076 23,994 23,416 23,194 6,023 5,236 5,078 4,761 4,246 3,778 3,391 3,047
4,086 3,583 4,454 5,907 6,690 1,822 1,476 1,879 2,101 1,590 1,726 1,834 2,086
Total Liabilities 42,561 36,273 37,836 37,102 37,260 17,844 16,994 17,347 17,307 17,303 17,786 17,958 18,367
24,156 23,530 27,437 31,093 30,650 15,251 14,272 13,803 13,385 13,007 12,696 12,280 12,056
CWIP 12,696 8,029 4,848 561 534 477 411 395 419 240 249 277 172
Investments 1,986 1,986 1,986 1,986 1,986 21 112 234 191 525 490 483 521
3,724 2,729 3,565 3,461 4,090 2,095 2,199 2,915 3,312 3,532 4,350 4,918 5,619
Total Assets 42,561 36,273 37,836 37,102 37,260 17,844 16,994 17,347 17,307 17,303 17,786 17,958 18,367

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
2,676 2,816 1,413 1,782 1,178 1,028 813 845 767 1,927 1,714 1,301
-4,886 6,416 -802 -230 -191 -145 280 -113 109 -991 39 -676
2,058 -9,494 -672 -1,543 -1,020 -822 -1,136 -711 -880 -964 -892 -762
Net Cash Flow -152 -262 -61 9 -33 61 -43 22 -3 -28 862 -138
Free Cash Flow 2,676 1,620 501 1,553 1,024 962 761 742 648 1,729 1,472 1,298
CFO/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit 98% 110% 82% 113% 94% 116% 70% 76% 69% 87% 103% 102%

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 66 48 80 73 111 45 87 73 74 64 63 72
Inventory Days
Days Payable
Cash Conversion Cycle 66 48 80 73 111 45 87 73 74 64 63 72
Working Capital Days -568 -362 -373 -558 -782 -118 -30 -5 19 28 45 41
ROCE % 6% 6% 3% 3% 3% 2% 5% 6% 5% 14% 10% 7%

Insights

In beta
Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Bina TPP Plant Load Factor
%

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Nigrie STPP Plant Load Factor
%
Total Net Saleable Energy Generation
MU
Vishnuprayag HEP Plant Availability Factor
%
Total Installed Power Capacity
MW
Long-term PPA Tied Capacity
MW

Extracted by Screener AI

Shareholding Pattern

Numbers in percentages

Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Sep 2026
24.00% 24.00% 24.00% 24.00% 24.00% 24.00% 24.00% 24.00% 24.00% 24.00% 24.00% 24.00%
5.14% 6.06% 7.59% 7.78% 6.26% 6.31% 6.30% 6.34% 6.51% 6.58% 6.75% 7.01%
20.46% 18.46% 18.18% 18.29% 17.49% 17.52% 17.27% 17.19% 17.03% 17.03% 11.15% 10.48%
50.41% 51.47% 50.21% 49.94% 52.27% 52.17% 52.43% 52.48% 52.45% 52.38% 58.08% 58.50%
No. of Shareholders 17,62,61521,86,63423,01,63623,97,33725,14,21225,54,27724,92,26725,47,43125,00,68724,56,87624,47,39624,15,769

* 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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