Jyoti Structures Ltd

Jyoti Structures Ltd

₹ 24.0 4.57%
26 Apr 12:27 p.m.
About

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]

Key Points

Leading Power Transmission Company[1] Jyoti Structures Ltd's main business focuses on Transmission lines, Substations, and distribution projects. The company undertakes turnkey projects on a global scale, offering a complete range of services in design, testing, manufacturing, sourcing, supply, and construction. JSL is amongst very few EPC service providers worldwide, which possess capabilities to execute turnkey projects covering the entire gamut of the Power Transmission business.

  • Market Cap 2,007 Cr.
  • Current Price 24.0
  • High / Low 34.0 / 5.80
  • Stock P/E 98.7
  • Book Value 0.04
  • Dividend Yield 0.00 %
  • ROCE -0.19 %
  • ROE -3.42 %
  • Face Value 2.00

Pros

Cons

  • Stock is trading at 550 times its book value
  • Company might be capitalizing the interest cost
  • Earnings include an other income of Rs.11.4 Cr.
  • Company has high debtors of 3,169 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.

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
0.00 0.00 0.00 2.22 0.00 2.17 15.65 13.89 43.86 155.83 185.27 81.36 55.80
8.34 231.31 -5.70 15.09 11.58 20.03 15.19 16.94 47.94 149.28 181.16 71.17 60.06
Operating Profit -8.34 -231.31 5.70 -12.87 -11.58 -17.86 0.46 -3.05 -4.08 6.55 4.11 10.19 -4.26
OPM % -579.73% -823.04% 2.94% -21.96% -9.30% 4.20% 2.22% 12.52% -7.63%
0.00 0.15 0.01 0.01 0.04 0.99 0.57 0.33 0.15 0.80 0.49 2.89 7.17
Interest 370.00 397.64 341.55 355.20 0.00 0.00 0.00 0.06 0.09 0.23 0.16 0.21 0.07
Depreciation 2.26 2.19 2.04 2.07 1.66 1.32 1.14 1.25 1.45 1.57 1.92 1.68 1.76
Profit before tax -380.60 -630.99 -337.88 -370.13 -13.20 -18.19 -0.11 -4.03 -5.47 5.55 2.52 11.19 1.08
Tax % 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
-380.60 -630.99 -337.88 -370.13 -13.19 -18.19 -0.11 -4.03 -5.47 5.55 2.52 11.19 1.08
EPS in Rs -29.90 -49.57 -26.54 -29.08 -0.18 -0.25 -0.00 -0.05 -0.07 0.08 0.03 0.14 0.01
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
2,592 2,802 3,326 2,782 2,492 850 255 98 2 0 4 229 478
2,261 2,469 3,002 2,668 2,447 1,459 3,379 729 806 254 41 229 462
Operating Profit 331 332 324 114 45 -609 -3,124 -631 -804 -254 -37 -0 17
OPM % 13% 12% 10% 4% 2% -72% -1,224% -642% -38,844% -834% -0% 3%
11 13 43 71 80 19 5 6 0 0 1 2 11
Interest 192 222 288 421 572 842 1,020 1,106 1,480 1,495 0 0 1
Depreciation 21 25 27 34 53 51 27 20 16 10 7 5 7
Profit before tax 129 98 52 -270 -500 -1,483 -4,167 -1,751 -2,300 -1,758 -43 -4 20
Tax % 33% 34% 38% -0% -0% 0% 0% 0% 0% 0% 0% 0%
86 65 32 -270 -501 -1,483 -4,167 -1,751 -2,300 -1,758 -43 -4 20
EPS in Rs 8.96 6.78 3.38 -21.21 -39.34 -116.48 -327.31 -137.54 -180.68 -138.14 -0.58 -0.06 0.26
Dividend Payout % 11% 10% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: -22%
5 Years: -2%
3 Years: 380%
TTM: 533%
Compounded Profit Growth
10 Years: %
5 Years: 15%
3 Years: 26%
TTM: 173%
Stock Price CAGR
10 Years: -4%
5 Years: 48%
3 Years: 61%
1 Year: 241%
Return on Equity
10 Years: %
5 Years: %
3 Years: %
Last Year: -3%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Sep 2023
Equity Capital 16 16 16 22 22 22 22 22 22 22 127 127 141
Reserves 648 705 737 578 83 -1,406 -5,572 -7,315 -9,619 -11,369 54 -70 -137
Preference Capital 0 25 25 25 0 0 0 0 0 0 0 0
783 976 1,234 2,635 3,636 3,237 5,718 6,349 7,006 7,411 1,690 1,803 1,859
1,005 1,117 2,218 1,895 2,239 3,613 2,555 3,360 4,244 5,347 316 426 393
Total Liabilities 2,452 2,814 4,206 5,130 5,979 5,466 2,722 2,416 1,653 1,411 2,187 2,285 2,256
202 196 189 160 154 108 84 58 42 32 27 32 33
CWIP 9 1 0 0 94 28 0 0 0 0 0 0 0
Investments 87 87 87 87 0 0 7 7 7 7 7 7 7
2,155 2,531 3,930 4,883 5,731 5,329 2,631 2,351 1,604 1,371 2,153 2,246 2,215
Total Assets 2,452 2,814 4,206 5,130 5,979 5,466 2,722 2,416 1,653 1,411 2,187 2,285 2,256

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
-51 51 59 -1,098 -1,591 261 889 -10 -1 -2 -100 -36
-87 -111 -51 -83 -95 154 -341 0 0 0 -0 -11
148 39 44 1,170 441 -487 -919 0 0 0 170 -7
Net Cash Flow 9 -20 53 -12 -1,246 -72 -372 -9 -1 -2 70 -53

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Debtor Days 219 235 297 433 615 1,710 3,375 7,824 239,597 157,244 3,169
Inventory Days 71 47 78 56 42 72 183 356 1,885 2,745 1,284 207
Days Payable 150 141 290 250 92 277 1,787 4,358 25,037 37,212 2,919 355
Cash Conversion Cycle 140 141 86 239 565 1,506 1,770 3,822 216,446 155,608 3,022
Working Capital Days 141 172 174 310 471 576 -3,106 -12,755 -911,121 163,844 3,095
ROCE % 25% 20% 18% 6% 2% -23% -312% -0%

Shareholding Pattern

Numbers in percentages

Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
0.00% 0.00% 0.00% 0.00% 0.00% 0.12% 0.12% 0.40% 0.12% 0.04% 0.12% 0.32%
0.16% 0.16% 10.43% 10.43% 10.43% 13.22% 13.22% 15.58% 12.72% 7.15% 3.90% 3.92%
99.84% 99.84% 89.57% 89.57% 89.57% 86.65% 86.65% 84.02% 87.16% 92.81% 95.99% 95.76%
No. of Shareholders 42,40840,29639,75140,57340,15140,68540,92744,48049,13454,91060,71482,899

* 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.

Click on the line-items to see the names of individual entities.

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