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 ₹ 1,309 Cr.
- Current Price ₹ 11.0
- High / Low ₹ 18.0 / 7.92
- Stock P/E 23.4
- 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
- Stock is trading at 2.62 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 13.9% over last 3 years.
- Company might be capitalizing the interest cost
- Earnings include an other income of Rs.21.6 Cr.
- 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2,782 | 2,492 | 850 | 255 | 98 | 2 | 0 | 4 | 229 | 451 | 498 | 751 | |
| 2,668 | 2,447 | 1,459 | 3,379 | 729 | 806 | 254 | 41 | 229 | 434 | 460 | 702 | |
| Operating Profit | 114 | 45 | -609 | -3,124 | -631 | -804 | -254 | -37 | -0 | 18 | 38 | 48 |
| OPM % | 4% | 2% | -72% | -1,224% | -642% | -38,844% | -834% | -0% | 4% | 8% | 6% | |
| 71 | 80 | 19 | 5 | 6 | 0 | 0 | 1 | 2 | 12 | 6 | 22 | |
| Interest | 421 | 572 | 842 | 1,020 | 1,106 | 1,480 | 1,495 | 0 | 0 | 2 | 0 | 3 |
| Depreciation | 34 | 53 | 51 | 27 | 20 | 16 | 10 | 7 | 5 | 7 | 8 | 13 |
| Profit before tax | -270 | -500 | -1,483 | -4,167 | -1,751 | -2,300 | -1,758 | -43 | -4 | 20 | 36 | 55 |
| 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 | |
| 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 |
| 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: | 51% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 8% |
| 5 Years: | 15% |
| 3 Years: | 151% |
| TTM: | 56% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 0% |
| 5 Years: | 3% |
| 3 Years: | 12% |
| 1 Year: | -35% |
| 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 |
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Extracted by Screener AI
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Newspaper Publication
23 Jul - Newspaper Advertisement regarding Notice of 51st Annual General Meeting.
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Business Responsibility and Sustainability Reporting (BRSR)
22 Jul - Jyoti Structures filed FY2025-26 BRSR; disclosed ₹60,000 each BSE and NSE penalties for delayed trading applications.
- Notice Of 51St Annual General Meeting (AGM) Of The Company On August 13, 2026 At 10:00 A.M. 22 Jul
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Reg. 34 (1) Annual Report.
22 Jul - Filed 51st Annual Report FY26; AGM on 13 August 2026; Nashik Plant-II commissioned in January 2026.
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Intimation Of Book Closure Pursuant To Section 91 Of Companies Act, 2013 And Regulation 42 Of The SEBI (LODR) Regulations, 2015.
22 Jul - Book closure from August 6-13, 2026 for 51st AGM; August 6 set as remote e-voting cut-off.
Annual reports
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Financial Year 2026
from bse
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Financial Year 2025
from bse
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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
from bse
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Financial Year 2016
from bse
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Financial Year 2015
from bse
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Financial Year 2014
from bse
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Financial Year 2013
from bse
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Financial Year 2012
from bse
Power Transmission Company
The Company has three lines of operations, which include 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, and over 1,800 bays of substations and electrified over 37,000 villages. [1]