Jaiprakash Power Ventures Ltd logo

Jaiprakash Power Ventures Ltd

JPPOWER NSE

Incorporated in 1994, Jaiprakash Power Venture Limited operates in coal mining, sand mining, cement grinding, and production of thermal and hydroelectric electricity[1]

AI Verdict: HOLD Confidence: 4%

Jaiprakash Power trades below book value at 0.98x P/B with a market cap of Rs 12,384 Cr, but a TTM profit decline of 45%, zero dividend payout, and 73% promoter pledge make the risk-reward unfavorable for fresh entry. The 5-year profit CAGR of 20% is encouraging, but weak sales growth of 11% and low ROE of 7.56% suggest limited operational momentum.

Key Fundamentals

MicrocapPower GenerationPower
Market Cap
₹12,343 Cr
Volatility
Moderate
P/E Ratio
26.78
EBITDA
₹1,367 Cr
Return on Equity
8.91%
Debt to Equity
0.34
Book Value
₹18.58
EPS
₹2.3
52W High
₹27.7
52W Low
₹13.15

Technical Indicators

Key Insights

Strengths

2
  • Stock is trading at 0.97 times its book value
  • Company has delivered good profit growth of 20.2% CAGR over last 5 years

Weaknesses

4
  • Though the company is reporting repeated profits, it is not paying out dividend
  • The company has delivered a poor sales growth of 11.0% over past five years.
  • Company has a low return on equity of 7.56% over last 3 years.
  • Promoters have pledged 73.0% of their holding.

Growth Rate

Revenue Growth
-2.52% ↘
Net Income Growth
-8.11% ↗
Cash Flow Change
-11.05% ↘
ROE
-25.70% ↗
ROCE
-8.13% ↗
EBITDA Margin (Avg.)
-35.85% ↘

AI Analysis — Bull vs Bear

Anthropic anthropic claude-opus-4.6 3d ago
HOLD
Risk high

Jaiprakash Power trades below book value at 0.98x P/B with a market cap of Rs 12,384 Cr, but a TTM profit decline of 45%, zero dividend payout, and 73% promoter pledge make the risk-reward unfavorable for fresh entry. The 5-year profit CAGR of 20% is encouraging, but weak sales growth of 11% and low ROE of 7.56% suggest limited operational momentum.

Bull Case 7
  • Stock trades at 0.98x book value, offering a margin of safety below replacement cost
  • 5-year compounded profit growth of 20% CAGR demonstrates improving bottom-line trajectory
  • 3-year stock CAGR of 44% shows strong market re-rating and investor interest
  • 10-year stock CAGR of 14% indicates sustained long-term wealth creation despite sector headwinds
  • 3-year ROE of 8% marks a recovery from the 10-year average of -2%, showing turnaround progress
  • 5-year sales CAGR of 11% reflects moderate top-line expansion from a stressed base
  • Market cap of Rs 12,384 Cr provides adequate liquidity for institutional participation
Bear Case 8
  • Promoters have pledged 73% of their holdings, creating significant governance and forced-selling risk
  • TTM profit has declined 45%, signaling sharp earnings deterioration in the most recent period
  • Zero dividend yield despite reported profits indicates poor capital return policy or cash flow constraints
  • 3-year ROE of only 7.56% is below the 12-14% threshold typically expected for utilities
  • 10-year compounded sales growth of just 3% reflects structural stagnation in revenue generation
  • No analyst coverage or ratings available, suggesting limited institutional research interest
  • P/E of 27.5x is elevated for a utility company with sub-8% ROE, implying expensive valuation on earnings basis
  • 10-year ROE of -2% highlights a prolonged history of capital destruction for shareholders

This is AI-generated analysis, not financial advice. Do your own due diligence.

AI News Digest

Anthropic anthropic claude-opus-4.6 1d ago
Positives 1
  • Pledge released on 130cr shares May 25

    IDBI Trusteeship Services released encumbrance on 130.27 crore equity shares following NCLT directions, reducing pledged promoter holding and improving balance sheet optics.

Neutral 1
  • Five block trades worth Rs 165cr May 29

    Five NSE block trades totalling Rs 165.05 crores were executed at Rs 22.51–22.96 per share, with the largest involving ~94.09 lakh shares at Rs 22.96, reflecting institutional activity without clear directional bias.

TL;DR: Jaiprakash Power Ventures saw significant institutional block deal activity and a large pledge release following NCLT directions. The pledge release is a mild positive as it signals resolution progress, while block trades indicate liquidity but no clear bullish or bearish stance. No material operational headwinds surfaced in the period. Watch for further NCLT-related developments that could unlock value or signal restructuring progress.

Quarterly Results

  Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Sales
1,380
1,708
1,350
2,190
1,515
1,755
1,226
1,140
1,341
1,583
1,438
1,156
1,386
Expenses
1,153
1,186
939
1,613
788
965
840
850
952
982
968
982
1,265
Operating Profit
227
521
411
577
727
790
386
290
388
601
471
174
121
OPM %
16%
31%
30%
26%
48%
45%
32%
25%
29%
38%
33%
15%
9%
Other Income
-1
7
-70
-56
46
24
79
116
26
48
40
56
84
Interest
137
119
117
105
109
109
110
97
97
97
100
91
87
Depreciation
115
115
116
117
116
118
120
116
116
117
119
119
117
PBT
-26
294
108
299
548
588
234
193
201
435
292
19
2
Tax %
69%
35%
36%
42%
-7%
41%
22%
34%
23%
36%
38%
80%
775%
Net Profit
-44
192
69
173
589
349
183
127
156
278
182
4
-13
EPS in Rs
-0.06
0.28
0.1
0.25
0.86
0.51
0.27
0.18
0.23
0.41
0.27
0.01
-0.02
Figures in ₹ Crores

Profit & Loss

  Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Sales
4,140
4,113
4,658
4,877
3,892
3,284
3,302
4,625
5,787
6,763
5,462
5,563
Expenses
1,361
1,561
2,944
3,352
2,623
2,396
2,144
3,512
4,666
4,527
3,608
4,196
Operating Profit
2,779
2,552
1,713
1,525
1,268
887
1,157
1,113
1,121
2,236
1,855
1,367
OPM %
67%
62%
37%
31%
33%
27%
35%
24%
19%
33%
34%
25%
Other Income
90
75
87
41
219
-1,074
293
235
129
-73
245
228
Interest
2,189
2,478
2,777
2,614
1,474
652
579
556
560
449
414
375
Depreciation
518
635
771
819
528
479
480
481
464
465
470
473
PBT
162
-485
-1,748
-1,867
-515
-1,318
392
310
225
1,249
1,216
747
Tax %
-4%
-50%
-26%
-9%
-29%
63%
28%
65%
75%
18%
33%
40%
Net Profit
169
-243
-1,295
-1,690
-367
-2,147
281
107
55
1,022
814
451
EPS in Rs
0.51
-0.87
-2.06
-2.66
-0.64
-3.16
0.39
0.16
0.08
1.49
1.19
0.66
Div. Payout %
2%
-115%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
Figures in ₹ Crores

Balance Sheet

  Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital
2,938
2,938
5,996
5,996
5,996
6,840
6,853
6,853
6,853
6,853
6,853
6,853
Reserves
3,473
4,676
3,391
1,783
1,381
3,158
3,429
3,536
3,592
4,614
5,428
5,879
Borrowings
32,065
25,076
23,994
23,416
23,194
6,023
5,227
5,078
4,761
4,246
3,778
3,391
Other Liabilities
4,086
3,583
4,454
5,907
6,690
1,822
1,485
1,879
2,101
1,590
1,726
1,834
Total Liabilities
42,561
36,273
37,836
37,102
37,260
17,844
16,994
17,347
17,307
17,303
17,786
17,958
Fixed Assets
24,156
23,530
27,437
31,093
30,650
15,251
14,272
13,803
13,385
13,007
12,696
12,372
CWIP
12,696
8,029
4,848
561
534
477
411
395
419
240
249
184
Investments
1,986
1,986
1,986
1,986
1,986
21
112
234
191
525
490
483
Other Assets
3,724
2,729
3,565
3,461
4,090
2,095
2,199
2,915
3,312
3,532
4,350
4,918
Total Assets
42,561
36,273
37,836
37,102
37,260
17,844
16,994
17,347
17,307
17,303
17,786
17,958
Figures in ₹ Crores

Cash Flow

  Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Operating
2,676
2,816
1,413
1,782
1,178
1,028
813
845
767
1,927
1,714
1,301
Investing
-4,886
6,416
-802
-230
-191
-145
280
-113
109
-991
39
-676
Financing
2,058
-9,494
-672
-1,543
-1,020
-822
-1,136
-711
-880
-964
-892
-762
Net Cash Flow
-152
-262
-61
9
-33
61
-43
22
-3
-28
862
-138
Free Cash Flow
2,676
1,620
501
1,553
1,024
962
761
742
648
1,729
1,472
1,298
CFO/OP
98
110
82
113
94
116
70
76
69
87
103
102
Figures in ₹ Crores

Ratios

  Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days
66
48
80
73
111
45
87
73
74
64
63
72
Inventory Days
—
—
—
—
—
—
—
—
—
—
—
49
Days Payable
—
—
—
—
—
—
—
—
—
—
—
28
Cash Conversion Cycle
66
48
80
73
111
45
87
73
74
64
63
93
Working Capital Days
-568
-362
-373
-558
-782
-118
-30
-5
19
28
45
41
ROCE %
6%
6%
3%
3%
3%
2%
5%
6%
5%
14%
10%
7%

Shareholding Pattern

As of Mar 2026
Public 40.71%
Promoters 24.00%
DIIs 17.03%
Others 11.67%
FIIs 6.59%
Total 100.00%
  Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Promoters
26.02%
28.26%
26.02%
26.02%
24.00%
24.00%
24.00%
24.00%
24.00%
24.00%
24.00%
24.00%
24.00%
24.00%
24.00%
24.00%
24.00%
24.00%
24.00%
24.00%
24.00%
FIIs
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
4.65%
5.14%
6.06%
7.59%
7.78%
6.25%
6.31%
6.29%
6.33%
6.51%
6.59%
DIIs
34.68%
35.13%
28.72%
23.28%
23.12%
23.12%
22.25%
22.22%
22.26%
22.22%
21.71%
20.55%
18.57%
18.27%
18.35%
17.48%
17.52%
17.28%
17.19%
17.04%
17.03%
Government
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%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
Public
20.84%
20.66%
32.72%
37.79%
41.40%
40.14%
40.19%
40.53%
39.33%
39.67%
37.11%
37.39%
37.92%
37.48%
37.62%
38.80%
38.85%
39.14%
40.19%
40.52%
40.71%
Others
18.47%
15.95%
12.54%
12.91%
11.48%
12.75%
13.57%
13.26%
14.41%
14.11%
12.52%
12.92%
13.45%
12.66%
12.25%
13.46%
13.31%
13.29%
12.29%
11.93%
11.67%
No. of Shareholders
3,72,247
5,31,829
6,59,708
9,96,476
15,48,550
15,46,870
14,96,280
14,85,090
14,63,790
14,57,890
15,47,920
17,62,620
21,86,630
23,01,640
23,97,340
25,14,210
25,54,280
24,92,270
25,47,430
25,00,690
24,56,880

Documents

Frequently Asked Questions about Jaiprakash Power Ventures Ltd

What does Jaiprakash Power Ventures Ltd do?
Incorporated in 1994, Jaiprakash Power Venture Limited operates in coal mining, sand mining, cement grinding, and production of thermal and hydroelectric electricity[1]
Where is Jaiprakash Power Ventures Ltd (JPPOWER) listed?
Jaiprakash Power Ventures Ltd is listed on the Indian stock exchanges. It is listed on NSE: JPPOWER and BSE: 532627. You can view its live share price, financials, and ratios on Tapetide.
Which sector does Jaiprakash Power Ventures Ltd belong to?
Jaiprakash Power Ventures Ltd operates in the Utilities sector within the Power industry. Sector classification helps investors compare companies affected by similar economic conditions and regulatory changes.
What is the market capitalisation of Jaiprakash Power Ventures Ltd?
Jaiprakash Power Ventures Ltd has a market capitalisation of approximately ₹12343.08 Cr. Based on this, it is classified as a Mid Cap stock.
What is the PE ratio of Jaiprakash Power Ventures Ltd?
The Price-to-Earnings (PE) ratio of Jaiprakash Power Ventures Ltd is 26.78. The PE ratio compares a company's share price to its earnings per share and is commonly used to assess whether a stock is overvalued or undervalued relative to its peers.
What is the 52-week high and low of Jaiprakash Power Ventures Ltd?
Over the past 52 weeks, Jaiprakash Power Ventures Ltd has traded between a low of ₹13.15 and a high of ₹27.7. This range helps investors understand the stock's price volatility and recent trading levels.
What is the Return on Equity (ROE) of Jaiprakash Power Ventures Ltd?
Jaiprakash Power Ventures Ltd has a Return on Equity (ROE) of 8.91%. ROE measures how effectively a company uses shareholders' equity to generate profits. A higher ROE generally indicates better capital efficiency.
How can I research Jaiprakash Power Ventures Ltd on Tapetide?
On Tapetide, you can view Jaiprakash Power Ventures Ltd's live share price, quarterly results, profit & loss statements, balance sheet, cash flow, key ratios, shareholding pattern, technical indicators, analyst ratings, and forecasts — all on a single page without needing to sign up.

Company Information

Incorporated in 1994, Jaiprakash Power Venture Limited operates in coal mining, sand mining, cement grinding, and production of thermal and hydroelectric electricity[1]

Website jppowerventures.com
CEO Mr. Suren Jain
Employees 2,712
Listed 2005-04-18
Face Value ₹ 10
Issued Size 6,85,34,58,827

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