Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
post
Last Updated on: 22 December, 2024
Author: Getaka|Social: Getaka Financial Technology X (Earlier Twitter) Profile Getaka Financial Technology LinkedIn Logo
Stock Ticker - BSE: 532627 | NSE: JPPOWER

Jaiprakash Power Ventures Ltd: Fundamental Analysis, Share Price Insights & Intrinsic Value (2024)

Share Price and Basic Stock Data

Last Updated: December 21, 2024, 9:35 pm

Market Cap 13,001 Cr.
Current Price 19.0
High / Low 24.0/13.1
Stock P/E7.92
Book Value 17.5
Dividend Yield0.00 %
ROCE14.0 %
ROE12.8 %
Face Value 10.0
PEG Ratio0.22

Stock P/E, Current Price, and Intrinsic Value Over Time

View Share Price Target for

Competitors of

Stock NameMarket CapCurrent PriceHigh / LowStock P/EBook ValueDividend YieldROCEROEFace Value
Muzali Arts Ltd 5.80 Cr. 0.98 1.35/0.87 2.370.00 %7.96 %14.0 % 1.00
IND Renewable Energy Ltd 22.2 Cr. 15.9 24.3/11.0739 18.70.00 %0.07 %0.34 % 10.0
GMR Power & Urban Infra Ltd 7,255 Cr. 101 169/38.6 11.10.00 %11.4 %% 5.00
Gita Renewable Energy Ltd 62.9 Cr. 153 310/121242 32.20.00 %2.71 %1.91 % 10.0
SJVN Ltd 43,833 Cr. 112 170/88.847.4 37.21.61 %4.99 %5.90 % 10.0
Industry Average56,051.00 Cr213.8789.4787.840.69%8.19%10.02%8.08

All Competitor Stocks of

Quarterly Result

MonthDec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
Sales9889579159021,4011,4061,8201,3851,2011,3801,7081,3502,190
Expenses6646826596841,0371,1321,1921,1301,1911,1531,1869391,613
Operating Profit32427525621836527562825610227521411577
OPM %33%29%28%24%26%20%35%18%1%16%31%30%26%
Other Income623611475112691165-17-70-56
Interest154140141137136143150138135137119117105
Depreciation134119120121121119116117117115115116117
Profit before tax4225176158139372117-238-26294108299
Tax %120%14%39%124%33%102%35%36%8%-69%35%36%42%
Net Profit-92154-1107-224275-218-4419269173
EPS in Rs-0.020.310.01-0.000.16-0.000.350.11-0.32-0.060.280.100.25

Last Updated: Unknown

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: Unknown

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Sales1,6162,4592,8894,1404,1134,6584,8773,8923,2843,3024,6255,7876,628
Expenses1345008401,3611,5612,9443,3522,6232,3962,1443,5124,6664,892
Operating Profit1,4821,9582,0502,7792,5521,7131,5251,2688871,1571,1131,1211,736
OPM %92%80%71%67%62%37%31%33%27%35%24%19%26%
Other Income71382490758741219-1,074293235129-120
Interest8591,2131,5242,1892,4782,7772,6141,474652579556560478
Depreciation231376499518635771819528479480481464463
Profit before tax46240851162-485-1,748-1,867-515-1,318392310225675
Tax %13%12%8%-4%50%26%9%29%-63%28%65%75%
Net Profit40135847169-243-1,295-1,690-367-2,14728110755389
EPS in Rs1.531.200.110.51-0.87-2.06-2.66-0.64-3.160.330.160.080.57
Dividend Payout %0%0%61%2%-115%0%0%0%0%0%0%0%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2012-20132013-20142014-20152015-20162016-20172017-20182018-20192019-20202020-20212021-20222022-2023
YoY Net Profit Growth (%)-10.72%-86.87%259.57%-243.79%-432.92%-30.50%78.28%-485.01%113.09%-61.92%-48.60%
Change in YoY Net Profit Growth (%)0.00%-76.15%346.45%-503.36%-189.13%402.42%108.79%-563.30%598.10%-175.01%13.32%

has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2012-2013 to 2022-2023.

Growth

Compounded Sales Growth
10 Years:9%
5 Years:12%
3 Years:27%
TTM:19%
Compounded Profit Growth
10 Years:46%
5 Years:40%
3 Years:98%
TTM:3121%
Stock Price CAGR
10 Years:5%
5 Years:70%
3 Years:50%
1 Year:43%
Return on Equity
10 Years:-3%
5 Years:0%
3 Years:5%
Last Year:13%

Last Updated: Unknown

Balance Sheet

Last Updated: November 14, 2024, 10:31 pm

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Sep 2024
Equity Capital2,9382,9382,9382,9385,9965,9965,9966,8406,8536,8536,8536,8536,853
Reserves3,5223,4073,4734,6763,3911,7831,3813,1583,4293,5363,5924,6145,145
Borrowings23,01527,50332,06525,07623,99423,41623,1946,0235,2275,0784,7614,2464,014
Other Liabilities3,6684,3804,0863,5834,4545,9076,6901,8221,4851,8792,1011,5901,635
Total Liabilities33,14338,22842,56136,27337,83637,10237,26017,84416,99417,34717,30717,30317,648
Fixed Assets12,34113,52924,15623,53027,43731,09330,65015,25114,27213,80313,38513,00712,861
CWIP15,12419,63112,6968,0294,848561534477411395419240217
Investments1,9861,9861,9861,9861,9861,9861,98621112234191525525
Other Assets3,6923,0833,7242,7293,5653,4614,0902,0952,1992,9153,3123,5324,046
Total Assets33,14338,22842,56136,27337,83637,10237,26017,84416,99417,34717,30717,30317,648

Reserves and Borrowings Chart

Cash Flow

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Cash from Operating Activity +1,8722,2492,6762,8161,4131,7821,1781,0288138457671,927
Cash from Investing Activity +-7,021-5,059-4,8866,416-802-230-191-145280-113109-991
Cash from Financing Activity +5,0143,0842,058-9,494-672-1,543-1,020-822-1,136-711-880-964
Net Cash Flow-135274-152-262-619-3361-4322-3-28

Free Cash Flow

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Free Cash Flow1.00-22.00-25.00-30.00-23.00-22.00-22.00-22.00881.00-4.00-4.00-3.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Debtor Days7837664880731114587737464
Inventory Days
Days Payable
Cash Conversion Cycle7837664880731114587737464
Working Capital Days-411-590-514-301-295-430-621-5921446761
ROCE %6%5%6%6%3%3%3%2%5%6%5%14%

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthDec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
Promoters26.02%24.00%24.00%24.00%24.00%24.00%24.00%24.00%24.00%24.00%24.00%24.00%
FIIs1.02%1.20%2.83%3.38%3.67%4.97%4.70%4.65%5.14%6.06%7.59%7.78%
DIIs23.28%23.12%23.12%22.18%22.15%22.19%22.15%21.62%20.46%18.46%18.18%18.29%
Public49.69%51.68%50.05%50.44%50.18%48.85%49.15%49.74%50.41%51.47%50.21%49.94%
No. of Shareholders9,96,47615,48,55115,46,87214,96,28414,85,08614,63,79214,57,88715,47,91517,62,61521,86,63423,01,63623,97,337

Shareholding Pattern Chart

No. of Shareholders

Mutual Fund Holdings

Fund NameNo of SharesAUM (%)Amount Invested (Cr)Previous Number of SharesPrevious DatePercentage Change
Motilal Oswal Nifty Microcap 250 Index Fund5,234,2231.26.865,234,2232024-12-190%
Groww Nifty Total Market Index Fund13,7700.040.025,234,2232024-12-19-99.74%

ROCE Trend

EPS Trend

Key Financial Ratios

MonthMar 24Mar 23Mar 22Mar 21Mar 20
FaceValue10.0010.0010.0010.0010.00
Basic EPS (Rs.)1.090.050.100.25-3.01
Diluted EPS (Rs.)1.090.050.100.25-3.01
Cash EPS (Rs.)2.170.750.851.11-2.44
Book Value[Excl.RevalReserv]/Share (Rs.)11.189.699.619.459.22
Book Value[Incl.RevalReserv]/Share (Rs.)11.189.699.619.459.22
Revenue From Operations / Share (Rs.)9.878.446.754.824.80
PBDIT / Share (Rs.)3.831.831.971.871.39
PBIT / Share (Rs.)3.151.161.261.170.68
PBT / Share (Rs.)1.820.320.450.47-2.02
Net Profit / Share (Rs.)1.490.080.150.41-3.14
NP After MI And SOA / Share (Rs.)1.490.080.150.38-3.16
PBDIT Margin (%)38.8121.7029.1438.9128.93
PBIT Margin (%)31.9313.6818.7324.3714.34
PBT Margin (%)18.473.896.719.85-42.18
Net Profit Margin (%)15.110.952.328.52-65.39
NP After MI And SOA Margin (%)15.110.952.328.09-65.84
Return on Networth / Equity (%)13.330.831.634.12-34.91
Return on Capital Employeed (%)13.915.375.715.222.99
Return On Assets (%)5.900.320.611.57-12.11
Long Term Debt / Equity (X)0.470.600.670.730.83
Total Debt / Equity (X)0.550.710.770.800.92
Asset Turnover Ratio (%)0.390.330.260.180.11
Current Ratio (X)1.821.191.151.020.65
Quick Ratio (X)1.530.910.910.890.49
Inventory Turnover Ratio (X)0.000.000.010.030.00
Interest Coverage Ratio (X)5.842.242.422.221.46
Interest Coverage Ratio (Post Tax) (X)4.301.111.191.20-0.54
Enterprise Value (Cr.)13756.648371.029330.927158.785961.29
EV / Net Operating Revenue (X)2.031.452.022.171.82
EV / EBITDA (X)5.246.666.925.576.27
MarketCap / Net Operating Revenue (X)1.550.651.010.680.13
Price / BV (X)1.370.570.700.340.07
Price / Net Operating Revenue (X)1.550.651.010.680.13
EarningsYield0.090.010.020.11-4.86

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of as of December 22, 2024 is: 18.10

Calculation basis:

  • Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

As of December 22, 2024, is Overvalued by 4.74% compared to the current share price 19.00

Intrinsic Value of as of December 22, 2024 is: 24.70

Calculation basis:

  • Intrinsic value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
  • EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the intrinsic value of the stock by analyzing its fundamental indicators along with EPS growth.

As of December 22, 2024, is Undervalued by 30.00% compared to the current share price 19.00

Last 5 Year EPS CAGR: 36.45%

*Investments are subject to market risks

Strength and Weakness

StrengthWeakness
  1. The stock is trading at a low valuation with an average P/B ratio of 1.48 and average Dividend Yield of 20.61%.
  2. The stock has a low average Working Capital Days of -252.33, which is a positive sign.
  3. The company has shown consistent growth in sales (3.46 cr) and profit (129.38 cr) over the years.
  1. The stock has a low average ROCE of 5.33%, which may not be favorable.
  2. The stock has a high average Cash Conversion Cycle of 69.67, which may not be favorable.
  3. The company has higher borrowings (15,970.15) compared to reserves (3,469.77), which may suggest financial risk.
  • Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in :
    1. Net Profit Margin: 15.11%
      • Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
    2. ROCE: 13.91% (Industry Average ROCE: 8.19%)
      • ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
    3. ROE%: 13.33% (Industry Average ROE: 10.02%)
      • ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
    4. Interest Coverage Ratio (Post Tax): 4.3
      • Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
    5. Quick Ratio: 1.53
      • Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
    6. Stock P/E: 7.92 (Industry average Stock P/E: 89.47)
      • Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
    7. Total Debt / Equity: 0.55
      • Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
    The current analysis is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
    Stock Rating:

About the Company - Qualitative Analysis

Jaiprakash Power Ventures Ltd. is a Public Limited Listed company incorporated on 21/12/1994 and has its registered office in the State of Himachal Pradesh, India. Company’s Corporate Identification Number(CIN) is L40101MP1994PLC042920 and registration number is 042920. Currently Company is involved in the business activities of Electric power generation by hydroelectric power plants. Company’s Total Operating Revenue is Rs. 4624.55 Cr. and Equity Capital is Rs. 6853.46 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
Power - Generation/DistributionComplex of Jaypee Nigrie Super Thermal Power Plant, Nigrie, Tehsil Sarai, Singrauli Dist. Madhya Pradesh 486669jpvl.investor@jalindia.co.in
http://www.jppowerventures.com
Management
NamePosition Held
Mr. Manoj GaurChairman
Mr. Sunil Kumar SharmaVice Chairman
Mr. Suren JainManaging Director & CEO
Mr. Praveen Kumar SinghWhole Time Director
Mr. Pritesh VinayNon Executive Director
Mrs. Binata SenguptaIndependent Director
Mr. Sudhir MitalIndependent Director
Dr. Vandana R SinghIndependent Director
Mr. Anupam Lal DasIndependent Director
Mr. Rama RamanIndependent Director
Dr. Dinesh Kumar LikhiIndependent Director

FAQ

What is the latest intrinsic value of ?

The latest intrinsic value of as on 22 December 2024 is ₹18.10, which is 4.74% lower than the current market price of ₹19.00. The stock has a market capitalization of 13,001 Cr. and recorded a high/low of 24.0/13.1 during the current fiscal year 2024-2025. As of Sep 2024, the company has reserves of ₹5,145 Cr and total liabilities of ₹17,648 Cr.

What is the Market Cap of ?

The Market Cap of is 13,001 Cr..

What is the current Stock Price of as on 22 December 2024?

The current stock price of as on 22 December 2024 is 19.0.

What is the High / Low of stocks in FY 2024-2025?

In FY 2024-2025, the High / Low of stocks is 24.0/13.1.

What is the Stock P/E of ?

The Stock P/E of is 7.92.

What is the Book Value of ?

The Book Value of is 17.5.

What is the Dividend Yield of ?

The Dividend Yield of is 0.00 %.

What is the ROCE of ?

The ROCE of is 14.0 %.

What is the ROE of ?

The ROE of is 12.8 %.

What is the Face Value of ?

The Face Value of is 10.0.

About the Author

Author Avatar
Getaka

Getaka, CFA, a financial analyst with 15 years of experience in the industry. Getaka holds an MBA degree and the Chartered Financial Analyst designation, demonstrating his profound understanding of financial analysis and investment management. Throughout his career, he has conducted numerous financial analyses and due diligence processes for companies in the industry, and has a strong track record of identifying key trends and opportunities. He leverages his expertise to deliver a thorough financial analysis of a company, encompassing its financial performance, key ratios, future prospects, and risks. Getaka is committed to providing accurate, reliable, and trustworthy information to help readers make informed decisions about their finances and investments.

Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in . Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE