Jyoti Structures Ltd
Jyoti Structures Limited was incorporated in 1974. The company is engaged in Electricity, transmission, distribution and substation. The registered office of the Company is in Mumbai.[1]
- Market Cap ₹ 1,230 Cr.
- Current Price ₹ 10.3
- High / Low ₹ 17.4 / 7.92
- Stock P/E 19.1
- Book Value ₹ 4.18
- Dividend Yield 0.00 %
- ROCE 2.23 %
- ROE 10.3 %
- Face Value ₹ 2.00
Pros
- Company is expected to give good quarter
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Tax rate seems low
- Company has a low return on equity of 13.9% over last 3 years.
- Company might be capitalizing the interest cost
- Company has high debtors of 1,081 days.
* 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
Industrials Capital Goods Electrical Equipment Heavy Electrical Equipment
Part of BSE Industrials
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2,782 | 2,492 | 850 | 255 | 98 | 2 | 0 | 4 | 229 | 451 | 498 | 751 | 846 | |
| 2,668 | 2,447 | 1,459 | 3,379 | 729 | 806 | 254 | 41 | 229 | 434 | 460 | 702 | 783 | |
| Operating Profit | 114 | 45 | -609 | -3,124 | -631 | -804 | -254 | -37 | -0 | 18 | 38 | 48 | 62 |
| OPM % | 4.1% | 1.8% | -72% | -1,224% | -642% | -38,844% | -834% | -0.0% | 3.9% | 8% | 6% | 7% | |
| 71 | 80 | 19 | 5 | 6 | 0 | 0 | 1 | 2 | 12 | 6 | 22 | 19 | |
| Interest | 421 | 572 | 842 | 1,020 | 1,106 | 1,480 | 1,495 | 0 | 0 | 2 | 0 | 3 | 5 |
| Depreciation | 34 | 53 | 51 | 27 | 20 | 16 | 10 | 7 | 5 | 7 | 8 | 13 | 13 |
| Profit before tax | -270 | -500 | -1,483 | -4,167 | -1,751 | -2,300 | -1,758 | -43 | -4 | 20 | 36 | 55 | 64 |
| Tax % | 0% | 0% | -0% | 0% | 0% | 0% | 0% | 0% | 0% | -48% | -0% | -2% | |
| -270 | -501 | -1,483 | -4,167 | -1,751 | -2,300 | -1,758 | -43 | -4 | 29 | 36 | 56 | 64 | |
| EPS in Rs | -15.76 | -29.24 | -86.56 | -243.24 | -102.21 | -134.27 | -102.65 | -0.43 | -0.04 | 0.26 | 0.30 | 0.47 | 0.53 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | -11% |
| 5 Years: | % |
| 3 Years: | 49% |
| TTM: | 50% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 8% |
| 5 Years: | 15% |
| 3 Years: | 151% |
| TTM: | 54% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | -1% |
| 5 Years: | 2% |
| 3 Years: | 4% |
| 1 Year: | -34% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 14% |
| Last Year: | 10% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 22 | 22 | 22 | 22 | 22 | 22 | 22 | 127 | 127 | 146 | 238 | 239 |
| Reserves | 578 | 83 | -1,406 | -5,572 | -7,315 | -9,619 | -11,369 | 54 | -70 | -139 | 349 | 261 |
| 2,660 | 3,636 | 3,237 | 5,718 | 6,349 | 7,006 | 7,411 | 1,690 | 1,803 | 1,916 | 1,996 | 2,083 | |
| 1,870 | 2,239 | 3,613 | 2,555 | 3,360 | 4,244 | 5,347 | 316 | 426 | 428 | 425 | 342 | |
| Total Liabilities | 5,130 | 5,979 | 5,466 | 2,722 | 2,416 | 1,653 | 1,411 | 2,187 | 2,285 | 2,351 | 3,007 | 2,924 |
| 160 | 154 | 108 | 84 | 58 | 42 | 32 | 27 | 32 | 33 | 42 | 69 | |
| CWIP | 0 | 94 | 28 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 2 | 3 |
| Investments | 87 | 0 | 0 | 7 | 7 | 7 | 7 | 7 | 7 | 8 | 8 | 8 |
| 4,883 | 5,731 | 5,329 | 2,631 | 2,351 | 1,604 | 1,371 | 2,153 | 2,246 | 2,309 | 2,956 | 2,844 | |
| Total Assets | 5,130 | 5,979 | 5,466 | 2,722 | 2,416 | 1,653 | 1,411 | 2,187 | 2,285 | 2,351 | 3,007 | 2,924 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| -1,098 | -1,591 | 261 | 889 | -10 | -1 | -2 | -100 | -36 | -19 | -177 | -269 | |
| -83 | -95 | 154 | -341 | 0 | 0 | 0 | -0 | -11 | -7 | -13 | -23 | |
| 1,170 | 441 | -487 | -919 | 0 | 0 | 0 | 170 | -7 | 34 | 615 | -74 | |
| Net Cash Flow | -12 | -1,246 | -72 | -372 | -9 | -1 | -2 | 70 | -53 | 8 | 425 | -366 |
| Free Cash Flow | -1,109 | -1,596 | 259 | 882 | -9 | -1 | -2 | -101 | -48 | -27 | -195 | -310 |
| CFO/OP | -952% | -3,530% | -45% | -28% | 2% | 0% | 1% | 272% | 90,000% | -110% | -467% | -555% |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| 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 | 433 | 615 | 1,710 | 3,375 | 7,824 | 239,597 | 157,244 | 3,169 | 1,636 | 1,566 | 1,081 | |
| Inventory Days | 56 | 42 | 72 | 183 | 356 | 1,885 | 2,745 | 1,284 | 207 | 127 | 174 | 137 |
| Days Payable | 250 | 92 | 277 | 1,787 | 4,358 | 25,037 | 37,212 | 2,919 | 355 | 187 | 244 | 109 |
| Cash Conversion Cycle | 239 | 565 | 1,506 | 1,770 | 3,822 | 216,446 | 155,608 | 3,022 | 1,575 | 1,496 | 1,109 | |
| Working Capital Days | 195 | 36 | -801 | -8,105 | -27,378 | -1,703,145 | 160,519 | 2,978 | 1,559 | 1,443 | 1,043 | |
| ROCE % | 6% | 2% | -23% | -312% | -0% | 1% | 2% | 2% |
Insights
In beta| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|
| Production Volume (Supply of towers and structures) MT |
|
||||||||
| Number of Employees count |
|||||||||
| Installed Manufacturing Capacity MT |
|||||||||
| Order Book / Backlog INR Crore |
|||||||||
| Capacity Utilization % |
|||||||||
Extracted by Screener AI
Documents
Announcements
- Shareholder Meeting / Postal Ballot-Scrutinizer''s Report
-
Shareholder Meeting / Postal Ballot-Outcome of AGM
- 51st AGM held on Aug 13, 2026; shareholders approved financials, higher authorised capital, auditors.
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
- Newspaper Publication regards to Standalone & Consolidated Unaudited Financial Results for quarter ended June 30th, 2026.
-
Announcement under Regulation 30 (LODR)-Press Release / Media Release
- Q1 FY27 income rose 57.1% to ₹255.18 Cr; net profit increased 74.4% to ₹19.46 Cr.
-
Announcement under Regulation 30 (LODR)-Monitoring Agency Report
- Monitoring report shows ₹23.49 crore unutilized, timeline extended to March 31, 2027; CEO resigned.
Annual reports
-
Annual Report 2026
from bse
-
Annual Report 2025
from bse
-
Annual Report 2024
from bse
-
Annual Report 2023
from bse
-
Annual Report 2022
from bse
-
Annual Report 2021
from bse
-
Annual Report 2020
from bse
-
Annual Report 2019
from bse
-
Annual Report 2018
from bse
-
Annual Report 2017
from bse
-
Annual Report 2016
from bse
-
Annual Report 2015
from bse
-
Annual Report 2014
from bse
-
Annual Report 2013
from bse
-
Annual Report 2012
from bse
Business Overview [1]
The company has 3 lines of operations, including transmission lines, substations, and rural electrification. It executes high-voltage Transmission lines up to 800 KV, Substations up to 765 KV, and Distribution Lines. It has constructed over 31,000 circuit Km, over 1,800 bays of substations, and electrified over 37,000 villages.