Jaiprakash Power Ventures Ltd
Incorporated in 1994, Jaiprakash Power Ventures Limited (JPVL), a part of the Jaypee Group is engaged in the business of thermal and hydropower generation, coal mining, and cement grinding.[1]
- Market Cap ₹ 3,804 Cr.
- Current Price ₹ 5.55
- High / Low ₹ 9.45 / 5.45
- Stock P/E 39.2
- Book Value ₹ 15.6
- Dividend Yield 0.00 %
- ROCE 5.59 %
- ROE 1.04 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 0.36 times its book value
- Company is expected to give good quarter
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -0.14% over past five years.
- Promoter holding is low: 24.0%
- Company has a low return on equity of -4.78% over last 3 years.
- Contingent liabilities of Rs.1,347 Cr.
- Promoters have pledged 79.2% of their holding.
- Promoter holding has decreased over last 3 years: -5.74%
* 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: Power Generation & Distribution Industry: Power Generation And Supply
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
737 | 1,616 | 2,459 | 2,889 | 4,140 | 4,113 | 4,658 | 4,877 | 3,892 | 3,284 | 3,302 | 4,625 | 5,813 | |
91 | 134 | 500 | 840 | 1,361 | 1,561 | 2,944 | 3,352 | 2,623 | 2,396 | 2,144 | 3,512 | 4,645 | |
Operating Profit | 646 | 1,482 | 1,958 | 2,050 | 2,779 | 2,552 | 1,713 | 1,525 | 1,268 | 887 | 1,157 | 1,113 | 1,168 |
OPM % | 88% | 92% | 80% | 71% | 67% | 62% | 37% | 31% | 33% | 27% | 35% | 24% | 20% |
104 | 71 | 38 | 24 | 90 | 75 | 87 | 41 | 219 | -1,074 | 293 | 235 | 256 | |
Interest | 448 | 859 | 1,213 | 1,524 | 2,189 | 2,478 | 2,777 | 2,614 | 1,474 | 652 | 579 | 556 | 565 |
Depreciation | 98 | 231 | 376 | 499 | 518 | 635 | 771 | 819 | 528 | 479 | 480 | 481 | 468 |
Profit before tax | 204 | 462 | 408 | 51 | 162 | -485 | -1,748 | -1,867 | -515 | -1,318 | 392 | 310 | 390 |
Tax % | 20% | 13% | 12% | 8% | -4% | 50% | 26% | 9% | 29% | -63% | 28% | 65% | |
Net Profit | 162 | 401 | 358 | 47 | 169 | -243 | -1,295 | -1,690 | -367 | -2,147 | 281 | 107 | 97 |
EPS in Rs | 0.77 | 1.53 | 1.20 | 0.11 | 0.51 | -0.87 | -2.06 | -2.66 | -0.64 | -3.16 | 0.33 | 0.16 | 0.14 |
Dividend Payout % | 0% | 0% | 0% | 61% | 2% | -115% | 0% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | 11% |
5 Years: | 0% |
3 Years: | 6% |
TTM: | 39% |
Compounded Profit Growth | |
---|---|
10 Years: | -12% |
5 Years: | 16% |
3 Years: | 31% |
TTM: | -57% |
Stock Price CAGR | |
---|---|
10 Years: | -14% |
5 Years: | 2% |
3 Years: | 140% |
1 Year: | -19% |
Return on Equity | |
---|---|
10 Years: | -5% |
5 Years: | -7% |
3 Years: | -5% |
Last Year: | 1% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Sep 2022 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
2,625 | 2,625 | 2,938 | 2,938 | 2,938 | 2,938 | 5,996 | 5,996 | 5,996 | 6,873 | 6,884 | 6,881 | 6,853 | |
Reserves | 2,542 | 2,834 | 3,522 | 3,407 | 3,473 | 4,676 | 3,391 | 1,783 | 1,381 | 3,158 | 3,429 | 3,536 | 3,853 |
13,068 | 17,417 | 23,015 | 27,503 | 32,065 | 25,076 | 23,994 | 23,416 | 23,194 | 5,991 | 5,205 | 5,050 | 4,807 | |
2,087 | 2,630 | 3,668 | 4,380 | 4,086 | 3,583 | 4,454 | 5,907 | 6,690 | 1,855 | 1,506 | 1,907 | 1,982 | |
Total Liabilities | 19,792 | 25,506 | 33,143 | 38,228 | 42,561 | 36,273 | 37,836 | 37,102 | 37,260 | 17,844 | 16,994 | 17,347 | 17,495 |
3,211 | 9,860 | 12,341 | 13,529 | 24,156 | 23,530 | 27,437 | 31,093 | 30,650 | 15,251 | 14,272 | 13,803 | 13,576 | |
CWIP | 10,324 | 9,565 | 15,124 | 19,631 | 12,696 | 8,029 | 4,848 | 561 | 534 | 477 | 411 | 395 | 399 |
Investments | 1,986 | 1,986 | 1,986 | 1,986 | 1,986 | 1,986 | 1,986 | 1,986 | 1,986 | 21 | 112 | 234 | 234 |
4,271 | 4,095 | 3,692 | 3,083 | 3,724 | 2,729 | 3,565 | 3,461 | 4,090 | 2,095 | 2,199 | 2,915 | 3,286 | |
Total Assets | 19,792 | 25,506 | 33,143 | 38,228 | 42,561 | 36,273 | 37,836 | 37,102 | 37,260 | 17,844 | 16,994 | 17,347 | 17,495 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
591 | 1,508 | 1,872 | 2,249 | 2,676 | 2,816 | 1,413 | 1,782 | 1,178 | 1,028 | 813 | 845 | |
-4,226 | -6,049 | -7,021 | -5,059 | -4,886 | 6,416 | -802 | -230 | -191 | -145 | 280 | -113 | |
3,276 | 3,233 | 5,014 | 3,084 | 2,058 | -9,494 | -672 | -1,543 | -1,020 | -822 | -1,136 | -711 | |
Net Cash Flow | -359 | -1,309 | -135 | 274 | -152 | -262 | -61 | 9 | -33 | 61 | -43 | 22 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 77 | 97 | 78 | 37 | 66 | 48 | 80 | 73 | 111 | 45 | 87 | 73 |
Inventory Days | ||||||||||||
Days Payable | ||||||||||||
Cash Conversion Cycle | 77 | 97 | 78 | 37 | 66 | 48 | 80 | 73 | 111 | 45 | 87 | 73 |
Working Capital Days | -151 | -532 | -411 | -590 | -514 | -301 | -295 | -430 | -621 | -59 | 22 | 44 |
ROCE % | 5% | 6% | 6% | 5% | 6% | 6% | 3% | 3% | 3% | 2% | 5% | 6% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Newspaper Publication
14 Feb - Copies of Newspaper Advertisements pertaining to publication of Financial Results for the Quarter and Nine Months ended on 31st December, 2022, published in Financial Express …
- Outcome Of The Board Meeting Pursuant To Regulation 30 & 33 Of SEBI (LODR) Regulations, 2015 13 Feb
- Board Meeting Intimation for To Consider And Approve The Un-Audited Standalone And Consolidated Financial Results Of The Company For The Quarter And Nine Months Ended 31St December, 2022. 6 Feb
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
6 Jan - Depositories and Participants) Regulations, 2018, please find attached the certificate of Alankit Assignments Limited, Registrar and Share Transfer Agent, certifying that the securities received for …
- Closure of Trading Window 31 Dec 2022
Annual reports
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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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Financial Year 2011
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Financial Year 2010
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Financial Year 2010
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Capacity
The company presently owns and operates three Power plants with an aggregate capacity of 2220 MW, 2 MTPA Cement Grinding Units, and a 2.8 MTPA Coal Mine. [1]