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 ₹ 1,364 Cr.
- Current Price ₹ 11.4
- High / Low ₹ 32.0 / 10.6
- Stock P/E 30.8
- Book Value ₹ 4.27
- Dividend Yield 0.00 %
- ROCE 1.61 %
- ROE 13.3 %
- Face Value ₹ 2.00
Pros
- Company is expected to give good quarter
Cons
- Stock is trading at 2.68 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Tax rate seems low
- Company might be capitalizing the interest cost
- Earnings include an other income of Rs.14.4 Cr.
- Company has high debtors of 1,573 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 SmallCap BSE Allcap BSE Industrials
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 3,013 | 3,636 | 3,111 | 2,947 | 324 | 182 | 16 | 0 | 4 | 229 | 451 | 498 | 609 | |
| 2,689 | 3,325 | 3,024 | 2,926 | 3,479 | 841 | 828 | 254 | 41 | 229 | 434 | 460 | 568 | |
| Operating Profit | 324 | 311 | 87 | 21 | -3,154 | -658 | -812 | -254 | -36 | -0 | 17 | 38 | 40 |
| OPM % | 11% | 9% | 3% | 1% | -973% | -361% | -4,948% | -826% | -0% | 4% | 8% | 7% | |
| 5 | 28 | 55 | 55 | 3 | 6 | 0 | 0 | 1 | 2 | 12 | 7 | 14 | |
| Interest | 238 | 319 | 485 | 671 | 1,021 | 1,106 | 1,501 | 1,495 | 0 | 0 | 2 | 0 | 0 |
| Depreciation | 36 | 40 | 53 | 54 | 29 | 27 | 16 | 10 | 7 | 5 | 7 | 8 | 11 |
| Profit before tax | 55 | -20 | -395 | -649 | -4,201 | -1,785 | -2,329 | -1,759 | -42 | -4 | 20 | 35 | 44 |
| Tax % | 32% | -52% | 0% | 9% | -0% | -0% | 0% | 0% | 0% | 0% | -48% | -0% | |
| 38 | -9 | -396 | -704 | -4,201 | -1,785 | -2,329 | -1,759 | -42 | -4 | 29 | 36 | 44 | |
| EPS in Rs | 2.94 | -0.73 | -23.11 | -41.12 | -245.22 | -104.17 | -135.95 | -102.67 | -0.43 | -0.04 | 0.25 | 0.30 | 0.36 |
| Dividend Payout % | 17% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | -17% |
| 5 Years: | 98% |
| 3 Years: | 384% |
| TTM: | 60% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 8% |
| 5 Years: | 15% |
| 3 Years: | 42% |
| TTM: | 62% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | -4% |
| 5 Years: | 30% |
| 3 Years: | 4% |
| 1 Year: | -58% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| Last Year: | 13% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 16 | 16 | 22 | 22 | 22 | 22 | 22 | 22 | 127 | 127 | 146 | 238 | 238 |
| Reserves | 667 | 665 | 365 | -298 | -5,584 | -7,348 | -9,701 | -11,384 | 25 | -102 | -172 | 325 | 270 |
| 1,202 | 1,498 | 2,942 | 5,190 | 5,718 | 6,383 | 7,007 | 7,412 | 1,691 | 1,803 | 1,916 | 1,996 | 1,958 | |
| 1,119 | 2,347 | 2,251 | 1,467 | 2,634 | 3,387 | 4,351 | 5,367 | 350 | 457 | 459 | 457 | 456 | |
| Total Liabilities | 3,006 | 4,527 | 5,579 | 6,381 | 2,790 | 2,444 | 1,678 | 1,417 | 2,193 | 2,286 | 2,350 | 3,015 | 2,923 |
| 457 | 469 | 436 | 425 | 90 | 62 | 43 | 33 | 27 | 32 | 33 | 42 | 52 | |
| CWIP | 9 | 2 | 2 | 28 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 2 | 4 |
| Investments | 5 | 5 | 5 | 5 | 0 | 0 | 0 | 1 | 1 | 1 | 1 | 1 | 1 |
| 2,535 | 4,051 | 5,136 | 5,922 | 2,700 | 2,382 | 1,635 | 1,384 | 2,166 | 2,253 | 2,315 | 2,970 | 2,866 | |
| Total Assets | 3,006 | 4,527 | 5,579 | 6,381 | 2,790 | 2,444 | 1,678 | 1,417 | 2,193 | 2,286 | 2,350 | 3,015 | 2,923 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 51 | -88 | -1,130 | -1,764 | 1,190 | -9 | -4 | -2 | -100 | -36 | -19 | -177 | |
| -80 | -40 | -81 | -84 | -639 | 0 | 0 | 0 | -0 | -11 | -7 | -13 | |
| 8 | 177 | 1,252 | 1,772 | -918 | -0 | 1 | 0 | 170 | -7 | 34 | 615 | |
| Net Cash Flow | -21 | 49 | 41 | -76 | -368 | -9 | -3 | -2 | 70 | -53 | 8 | 425 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 224 | 285 | 399 | 542 | 2,740 | 4,284 | 30,382 | 158,009 | 3,183 | 1,642 | 1,573 | |
| Inventory Days | 59 | 86 | 81 | 62 | 161 | 303 | 2,629 | 2,745 | 1,284 | 207 | 127 | 174 |
| Days Payable | 135 | 285 | 240 | 93 | 1,465 | 2,868 | 25,860 | 38,714 | 4,306 | 429 | 232 | 293 |
| Cash Conversion Cycle | 148 | 86 | 239 | 511 | 1,436 | 1,719 | 7,150 | 154,987 | 2,961 | 1,537 | 1,454 | |
| Working Capital Days | 68 | 64 | 149 | -0 | -6,356 | -14,740 | -216,614 | 158,843 | 2,937 | 1,538 | 1,430 | |
| ROCE % | 17% | 15% | 3% | 0% | -0% | 1% | 2% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Newspaper Publication
14 Nov - Newspaper Publication with regards to Unaudited Financial Results for the quarter and half year ended September 30, 2025
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Announcement under Regulation 30 (LODR)-Press Release / Media Release
13 Nov - Q2/H1 FY2025-26 results: Q2 revenue ₹155.21Cr, net ₹9.72Cr; H1 revenue ₹317.61Cr, net ₹20.88Cr.
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Announcement under Regulation 30 (LODR)-Monitoring Agency Report
12 Nov - CARE report on Rs.174.63 crore rights issue utilization for quarter ended Sep 30, 2025; no material deviations.
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Announcement under Regulation 30 (LODR)-Monitoring Agency Report
12 Nov - Monitoring report: Rs459.69 crore rights issue (92.11% subscribed); no deviations; Rs138.06 crore unutilized (FDs) as of Sep 30, 2025.
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Unaudited Financials Standalone And Consolidated Results For Quarter And Half Year Ended September 30, 2025
12 Nov - Board approved standalone and consolidated unaudited results for quarter/half-year ended Sep 30, 2025; auditors issued unmodified review.
Annual reports
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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
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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
from bse
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Financial Year 2012
from nse
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]