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 ₹ 1,490 Cr.
- Current Price ₹ 12.5
- High / Low ₹ 21.8 / 7.92
- Stock P/E 29.9
- Book Value ₹ 4.46
- 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 2.80 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
- Earnings include an other income of Rs.18.2 Cr.
- 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
Part of BSE Industrials
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 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 3,326 | 2,782 | 2,492 | 850 | 255 | 98 | 2 | 0 | 4 | 229 | 451 | 498 | 680 | |
| 3,002 | 2,668 | 2,447 | 1,459 | 3,379 | 729 | 806 | 254 | 41 | 229 | 434 | 460 | 637 | |
| Operating Profit | 324 | 114 | 45 | -609 | -3,124 | -631 | -804 | -254 | -37 | -0 | 18 | 38 | 43 |
| OPM % | 10% | 4% | 2% | -72% | -1,224% | -642% | -38,844% | -834% | -0% | 4% | 8% | 6% | |
| 43 | 71 | 80 | 19 | 5 | 6 | 0 | 0 | 1 | 2 | 12 | 7 | 18 | |
| Interest | 288 | 421 | 572 | 842 | 1,020 | 1,106 | 1,480 | 1,495 | 0 | 0 | 2 | 0 | 1 |
| Depreciation | 27 | 34 | 53 | 51 | 27 | 20 | 16 | 10 | 7 | 5 | 7 | 8 | 12 |
| Profit before tax | 52 | -270 | -500 | -1,483 | -4,167 | -1,751 | -2,300 | -1,758 | -43 | -4 | 20 | 36 | 48 |
| 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 | 50 | |
| 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 | 0.41 |
| 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: | 47% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 8% |
| 5 Years: | 15% |
| 3 Years: | 42% |
| TTM: | 29% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 3% |
| 5 Years: | 20% |
| 3 Years: | 29% |
| 1 Year: | -39% |
| 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 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 16 | 22 | 22 | 22 | 22 | 22 | 22 | 22 | 127 | 127 | 146 | 238 | 238 |
| Reserves | 737 | 578 | 83 | -1,406 | -5,572 | -7,315 | -9,619 | -11,369 | 54 | -70 | -139 | 349 | 294 |
| 1,259 | 2,660 | 3,636 | 3,237 | 5,718 | 6,349 | 7,006 | 7,411 | 1,690 | 1,803 | 1,916 | 1,996 | 1,958 | |
| 2,193 | 1,870 | 2,239 | 3,613 | 2,555 | 3,360 | 4,244 | 5,347 | 316 | 426 | 428 | 425 | 422 | |
| Total Liabilities | 4,206 | 5,130 | 5,979 | 5,466 | 2,722 | 2,416 | 1,653 | 1,411 | 2,187 | 2,285 | 2,351 | 3,007 | 2,912 |
| 189 | 160 | 154 | 108 | 84 | 58 | 42 | 32 | 27 | 32 | 33 | 42 | 52 | |
| CWIP | 0 | 0 | 94 | 28 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 2 | 4 |
| Investments | 87 | 87 | 0 | 0 | 7 | 7 | 7 | 7 | 7 | 7 | 8 | 8 | 8 |
| 3,930 | 4,883 | 5,731 | 5,329 | 2,631 | 2,351 | 1,604 | 1,371 | 2,153 | 2,246 | 2,309 | 2,956 | 2,848 | |
| Total Assets | 4,206 | 5,130 | 5,979 | 5,466 | 2,722 | 2,416 | 1,653 | 1,411 | 2,187 | 2,285 | 2,351 | 3,007 | 2,912 |
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 |
| Free Cash Flow | 39 | -1,109 | -1,596 | 259 | 882 | -9 | -1 | -2 | -101 | -48 | -27 | -195 |
| CFO/OP | 24% | -952% | -3,530% | -45% | -28% | 2% | 0% | 1% | 272% | 90,000% | -110% | -469% |
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 | 76 | 195 | 36 | -801 | -8,105 | -27,378 | -1,703,145 | 160,519 | 2,978 | 1,559 | 1,444 | |
| ROCE % | 18% | 6% | 2% | -23% | -312% | -0% | 1% | 2% |
Insights
In beta| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
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| Annual Installed Manufacturing Capacity MT |
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Extracted by Screener AI
Documents
Announcements
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Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A
14 Apr - Confirmed Jyoti Structures does not meet Large Corporate criteria as of March 31, 2026.
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
8 Apr - Submitted Regulation 74(5) compliance certificate for quarter ended 31 March 2026.
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Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order
30 Mar - Received Rs.88.33 Cr contract from Adani Electricity for 220kV/110kV transmission works; 12-month completion.
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Closure of Trading Window
25 Mar - Trading window closed Apr 1, 2026 until 48 hours post audited results; NSDL to freeze PANs.
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Intimation On Successful Completion And Commissioning Of 400 KV Gadag-II Transmission Line Project In Karnataka.
4 Mar - Commissioning of ~100 CKM 400 kV Gadag–II line for Renew Power, enabling 1,500 MW Koppal solar evacuation.
Annual reports
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Financial Year 2025
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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
from nse
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]