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 ₹ 2,314 Cr.
- Current Price ₹ 19.5
- High / Low ₹ 37.0 / 13.2
- Stock P/E 64.6
- Book Value ₹ 4.94
- Dividend Yield 0.00 %
- ROCE 1.59 %
- ROE 12.1 %
- Face Value ₹ 2.00
Pros
- Company is expected to give good quarter
Cons
- Stock is trading at 3.94 times its book value
- 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 13.7% over last 3 years.
- Company might be capitalizing the interest cost
- Company has high debtors of 1,567 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
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
3,326 | 2,782 | 2,492 | 850 | 255 | 98 | 2 | 0 | 4 | 229 | 451 | 498 | |
3,002 | 2,668 | 2,447 | 1,459 | 3,379 | 729 | 806 | 254 | 41 | 229 | 434 | 460 | |
Operating Profit | 324 | 114 | 45 | -609 | -3,124 | -631 | -804 | -254 | -37 | -0 | 18 | 38 |
OPM % | 10% | 4% | 2% | -72% | -1,224% | -642% | -38,844% | -834% | -0% | 4% | 8% | |
43 | 71 | 80 | 19 | 5 | 6 | 0 | 0 | 1 | 2 | 12 | 7 | |
Interest | 288 | 421 | 572 | 842 | 1,020 | 1,106 | 1,480 | 1,495 | 0 | 0 | 2 | 0 |
Depreciation | 27 | 34 | 53 | 51 | 27 | 20 | 16 | 10 | 7 | 5 | 7 | 8 |
Profit before tax | 52 | -270 | -500 | -1,483 | -4,167 | -1,751 | -2,300 | -1,758 | -43 | -4 | 20 | 36 |
Tax % | 38% | 0% | 0% | -0% | 0% | 0% | 0% | 0% | 0% | 0% | -48% | -0% |
32 | -270 | -501 | -1,483 | -4,167 | -1,751 | -2,300 | -1,758 | -43 | -4 | 29 | 36 | |
EPS in Rs | 2.51 | -15.76 | -29.24 | -86.56 | -243.24 | -102.21 | -134.27 | -102.65 | -0.43 | -0.04 | 0.26 | 0.30 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | -16% |
5 Years: | 199% |
3 Years: | 384% |
TTM: | 10% |
Compounded Profit Growth | |
---|---|
10 Years: | 8% |
5 Years: | 15% |
3 Years: | 42% |
TTM: | 22% |
Stock Price CAGR | |
---|---|
10 Years: | -2% |
5 Years: | 52% |
3 Years: | 6% |
1 Year: | -24% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 14% |
Last Year: | 12% |
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 | 16 | 22 | 22 | 22 | 22 | 22 | 22 | 22 | 127 | 127 | 146 | 238 |
Reserves | 737 | 578 | 83 | -1,406 | -5,572 | -7,315 | -9,619 | -11,369 | 54 | -70 | -139 | 349 |
1,259 | 2,660 | 3,636 | 3,237 | 5,718 | 6,349 | 7,006 | 7,411 | 1,690 | 1,803 | 1,916 | 1,996 | |
2,193 | 1,870 | 2,239 | 3,613 | 2,555 | 3,360 | 4,244 | 5,347 | 316 | 426 | 428 | 415 | |
Total Liabilities | 4,206 | 5,130 | 5,979 | 5,466 | 2,722 | 2,416 | 1,653 | 1,411 | 2,187 | 2,285 | 2,351 | 2,997 |
189 | 160 | 154 | 108 | 84 | 58 | 42 | 32 | 27 | 32 | 33 | 44 | |
CWIP | 0 | 0 | 94 | 28 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 0 |
Investments | 87 | 87 | 0 | 0 | 7 | 7 | 7 | 7 | 7 | 7 | 8 | 8 |
3,930 | 4,883 | 5,731 | 5,329 | 2,631 | 2,351 | 1,604 | 1,371 | 2,153 | 2,246 | 2,309 | 2,946 | |
Total Assets | 4,206 | 5,130 | 5,979 | 5,466 | 2,722 | 2,416 | 1,653 | 1,411 | 2,187 | 2,285 | 2,351 | 2,997 |
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
59 | -1,098 | -1,591 | 261 | 889 | -10 | -1 | -2 | -100 | -36 | -19 | -177 | |
-51 | -83 | -95 | 154 | -341 | 0 | 0 | 0 | -0 | -11 | -7 | -13 | |
44 | 1,170 | 441 | -487 | -919 | 0 | 0 | 0 | 170 | -7 | 34 | 615 | |
Net Cash Flow | 53 | -12 | -1,246 | -72 | -372 | -9 | -1 | -2 | 70 | -53 | 8 | 425 |
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 | 297 | 433 | 615 | 1,710 | 3,375 | 7,824 | 239,597 | 157,244 | 3,169 | 1,636 | 1,567 | |
Inventory Days | 78 | 56 | 42 | 72 | 183 | 356 | 1,885 | 2,745 | 1,284 | 207 | 127 | 174 |
Days Payable | 290 | 250 | 92 | 277 | 1,787 | 4,358 | 25,037 | 37,212 | 2,919 | 355 | 187 | 244 |
Cash Conversion Cycle | 86 | 239 | 565 | 1,506 | 1,770 | 3,822 | 216,446 | 155,608 | 3,022 | 1,575 | 1,497 | |
Working Capital Days | 174 | 310 | 471 | 576 | -3,106 | -12,755 | -911,121 | 163,844 | 3,095 | 1,607 | 1,532 | |
ROCE % | 18% | 6% | 2% | -23% | -312% | -0% | 1% | 2% |
Documents
Announcements
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Intimation Regarding Application Filed Before The Hon'Ble National Company Law Tribunal (NCLT), Mumbai Bench.
1d - Jyoti Structures files NCLT application to restrain recovery of settled pre-CIRP dues from West Bengal electricity company.
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Closure of Trading Window
25 Jun - Trading window closed from July 1, 2025, till 48 hours post Q1 June 30, 2025 results declaration.
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Intimation For The Settlement Of 1,149 Secured, Unlisted, Redeemable, Non-Convertible Debentures Issued Pursuant To The Approved Resolution Plan Of Jyoti Structures Limited.
18 Jun - Jyoti Structures settles INR 11.49 Cr debentures for INR 4.12 Cr under resolution plan.
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Intimation On Conversion Of Warrants Into Equity Shares
18 Jun - Conversion of 7.5 lakh warrants into equity shares at Rs.13.20, raising Rs.99 lakh.
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Board Meeting Outcome for Outcome Of Board Meeting Held On June 18, 2025
18 Jun - Conversion of 7.5 lakh warrants into equity shares at Rs.13.20 each, raising Rs.99 lakh.
Annual reports
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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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Financial Year 2011
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Power Transmission Company
It is a Turnkey / EPC project in the power sector. The co. has worked in 50+ countries, commissioned over 31,000 ckt Kms of Transmission Lines up to 765 kV, 1800 bay substations, and electrified over 37,325 villages. [1] [2]