SJVN Ltd: Share Price Analysis, Intrinsic Value & Fundamentals (2025)

Share Price and Basic Stock Data

Last Updated: March 8, 2025, 10:48 am

Market Cap	34,488 Cr.
Current Price	87.8
High / Low	160/80.5
Stock P/E	37.6
Book Value	37.2
Dividend Yield	2.05 %
ROCE	4.99 %
ROE	5.90 %
Face Value	10.0
PEG Ratio	-4.04

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

Stock P/E Current Price Intrinsic Value

View Share Price Target for SJVN Ltd

Competitors of SJVN Ltd

Stock Name ⇩	Market Cap ⇩	Current Price ⇩	High / Low ⇩	Stock P/E ⇩	Book Value ⇩	Dividend Yield ⇩	ROCE ⇩	ROE ⇩	Face Value ⇩
Muzali Arts Ltd	5.80 Cr.	0.98	1.22/0.97		2.03	0.00 %	8.46 %	8.74 %	1.00
IND Renewable Energy Ltd	17.3 Cr.	12.4	22.1/11.0	578	18.7	0.00 %	0.07 %	0.34 %	10.0
GMR Power & Urban Infra Ltd	7,324 Cr.	102	169/38.6		11.1	0.00 %	11.4 %	%	5.00
Gita Renewable Energy Ltd	51.1 Cr.	124	205/102		32.2	0.00 %	2.71 %	1.91 %	10.0
SJVN Ltd	34,488 Cr.	87.8	160/80.5	37.6	37.2	2.05 %	4.99 %	5.90 %	10.0
Industry Average	53,213.35 Cr	179.92		90.19	87.82	0.78%	8.21%	9.79%	8.08

All Competitor Stocks of SJVN Ltd

Quarterly Result

Metric	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024
Sales	549	323	1,004	878	552	504	675	878	543	483	870	1,026	671
Expenses	171	181	176	166	171	326	192	172	175	256	224	198	214
Operating Profit	379	143	828	713	381	178	483	706	368	227	646	828	457
OPM %	69%	44%	82%	81%	69%	35%	72%	80%	68%	47%	74%	81%	68%
Other Income	63	75	108	86	177	68	71	89	49	195	89	92	91
Interest	38	82	144	117	105	49	90	124	122	121	143	198	222
Depreciation	102	103	100	105	105	86	101	102	112	242	131	133	137
Profit before tax	301	32	691	577	347	112	363	569	183	58	462	590	189
Tax %	22%	77%	12%	23%	17%	85%	25%	23%	24%	-5%	23%	25%	21%
Net Profit	235	7	609	445	287	17	272	440	139	61	357	440	149
EPS in Rs	0.60	0.02	1.55	1.13	0.73	0.04	0.69	1.12	0.35	0.16	0.91	1.12	0.38

Last Updated: February 28, 2025, 5:05 pm

Below is a detailed analysis of the quarterly data for SJVN Ltd based on the most recent figures (Dec 2024) and their trends compared to the previous period:

For Sales, as of Dec 2024, the value is ₹671.00 Cr.. The value appears to be declining and may need further review. It has decreased from 1,026.00 Cr. (Sep 2024) to ₹671.00 Cr., marking a decrease of 355.00 Cr..
For Expenses, as of Dec 2024, the value is ₹214.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 198.00 Cr. (Sep 2024) to ₹214.00 Cr., marking an increase of ₹16.00 Cr..
For Operating Profit, as of Dec 2024, the value is ₹457.00 Cr.. The value appears to be declining and may need further review. It has decreased from 828.00 Cr. (Sep 2024) to ₹457.00 Cr., marking a decrease of 371.00 Cr..
For OPM %, as of Dec 2024, the value is 68.00%. The value appears to be declining and may need further review. It has decreased from 81.00% (Sep 2024) to 68.00%, marking a decrease of 13.00%.
For Other Income, as of Dec 2024, the value is ₹91.00 Cr.. The value appears to be declining and may need further review. It has decreased from 92.00 Cr. (Sep 2024) to ₹91.00 Cr., marking a decrease of 1.00 Cr..
For Interest, as of Dec 2024, the value is ₹222.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 198.00 Cr. (Sep 2024) to ₹222.00 Cr., marking an increase of ₹24.00 Cr..
For Depreciation, as of Dec 2024, the value is ₹137.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 133.00 Cr. (Sep 2024) to ₹137.00 Cr., marking an increase of ₹4.00 Cr..
For Profit before tax, as of Dec 2024, the value is ₹189.00 Cr.. The value appears to be declining and may need further review. It has decreased from 590.00 Cr. (Sep 2024) to ₹189.00 Cr., marking a decrease of 401.00 Cr..
For Tax %, as of Dec 2024, the value is 21.00%. The value appears to be improving (decreasing) as expected. It has decreased from 25.00% (Sep 2024) to 21.00%, marking a decrease of 4.00%.
For Net Profit, as of Dec 2024, the value is ₹149.00 Cr.. The value appears to be declining and may need further review. It has decreased from 440.00 Cr. (Sep 2024) to ₹149.00 Cr., marking a decrease of 291.00 Cr..
For EPS in Rs, as of Dec 2024, the value is 0.38. The value appears to be declining and may need further review. It has decreased from ₹1.12 (Sep 2024) to 0.38, marking a decrease of ₹0.74.

Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: March 6, 2025, 2:49 pm

Metric	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	TTM
Sales	1,682	1,872	2,816	2,494	2,679	2,228	2,645	2,703	2,485	2,417	2,938	2,579	3,051
Expenses	242	268	372	431	480	524	606	590	619	623	665	737	892
Operating Profit	1,440	1,604	2,443	2,063	2,199	1,705	2,039	2,112	1,867	1,794	2,273	1,843	2,158
OPM %	86%	86%	87%	83%	82%	76%	77%	78%	75%	74%	77%	71%	71%
Other Income	245	237	309	541	411	409	397	587	425	195	310	380	467
Interest	54	29	65	218	55	101	251	344	42	226	449	482	684
Depreciation	447	475	641	677	680	365	390	384	393	404	396	557	644
Profit before tax	1,185	1,338	2,047	1,709	1,875	1,648	1,795	1,972	1,856	1,360	1,738	1,183	1,299
Tax %	11%	17%	18%	17%	18%	26%	24%	21%	11%	27%	22%	23%
Net Profit	1,052	1,114	1,677	1,411	1,545	1,225	1,367	1,567	1,646	990	1,359	911	1,007
EPS in Rs	2.54	2.69	4.05	3.41	3.73	3.12	3.47	3.99	4.19	2.52	3.46	2.32	2.57
Dividend Payout %	38%	36%	26%	32%	74%	122%	62%	55%	53%	68%	51%	78%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year	2013-2014	2014-2015	2015-2016	2016-2017	2017-2018	2018-2019	2019-2020	2020-2021	2021-2022	2022-2023	2023-2024
YoY Net Profit Growth (%)	5.89%	50.54%	-15.86%	9.50%	-20.71%	11.59%	14.63%	5.04%	-39.85%	37.27%	-32.97%
Change in YoY Net Profit Growth (%)	0.00%	44.65%	-66.40%	25.36%	-30.21%	32.30%	3.04%	-9.59%	-44.90%	77.13%	-70.24%

SJVN Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2013-2014 to 2023-2024.

Growth

Compounded Sales Growth
10 Years:	3%
5 Years:	-1%
3 Years:	1%
TTM:	17%

Compounded Profit Growth
10 Years:	-3%
5 Years:	-10%
3 Years:	-24%
TTM:	3%

Stock Price CAGR
10 Years:	13%
5 Years:	33%
3 Years:	44%
1 Year:	-23%

Return on Equity
10 Years:	12%
5 Years:	10%
3 Years:	8%
Last Year:	6%

Last Updated: Unknown

Balance Sheet

Last Updated: November 14, 2024, 7:38 pm

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Sep 2024
Equity Capital	4,137	4,137	4,137	4,137	4,137	3,930	3,930	3,930	3,930	3,930	3,930	3,930	3,930
Reserves	4,273	4,914	6,066	7,166	7,353	6,770	7,316	8,121	8,861	9,241	9,930	10,141	10,682
Borrowings	2,164	2,457	2,648	2,646	2,416	2,231	2,155	2,238	2,174	6,906	14,059	20,323	23,884
Other Liabilities	1,916	2,053	1,781	1,440	1,486	1,460	1,572	1,666	2,508	3,172	4,392	4,797	4,744
Total Liabilities	12,489	13,561	14,632	15,389	15,392	14,391	14,974	15,955	17,473	23,248	32,311	39,191	43,239
Fixed Assets	5,820	5,670	9,054	8,775	8,425	8,087	8,142	8,051	8,007	7,866	8,489	10,906	10,863
CWIP	2,982	4,056	429	505	661	944	1,303	2,265	4,298	8,369	15,674	20,033	23,105
Investments	5	0	3	36	90	120	160	195	222	275	36	37	36
Other Assets	3,683	3,835	5,147	6,073	6,216	5,239	5,368	5,444	4,946	6,738	8,112	8,215	9,236
Total Assets	12,489	13,561	14,632	15,389	15,392	14,391	14,974	15,955	17,473	23,248	32,311	39,191	43,239

Below is a detailed analysis of the balance sheet data for SJVN Ltd based on the most recent figures (Sep 2024) and their trends compared to the previous period:

For Equity Capital, as of Sep 2024, the value is ₹3,930.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded ₹3,930.00 Cr..
For Reserves, as of Sep 2024, the value is ₹10,682.00 Cr.. The value appears strong and on an upward trend. It has increased from ₹10,141.00 Cr. (Mar 2024) to ₹10,682.00 Cr., marking an increase of 541.00 Cr..
For Borrowings, as of Sep 2024, the value is ₹23,884.00 Cr.. The value appears to be increasing, which may not be favorable. However, Borrowings exceed Reserves, which may signal higher financial risk. It has increased from ₹20,323.00 Cr. (Mar 2024) to ₹23,884.00 Cr., marking an increase of 3,561.00 Cr..
For Other Liabilities, as of Sep 2024, the value is ₹4,744.00 Cr.. The value appears to be improving (decreasing). It has decreased from ₹4,797.00 Cr. (Mar 2024) to ₹4,744.00 Cr., marking a decrease of 53.00 Cr..
For Total Liabilities, as of Sep 2024, the value is ₹43,239.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from ₹39,191.00 Cr. (Mar 2024) to ₹43,239.00 Cr., marking an increase of 4,048.00 Cr..
For Fixed Assets, as of Sep 2024, the value is ₹10,863.00 Cr.. The value appears to be declining and may need further review. It has decreased from ₹10,906.00 Cr. (Mar 2024) to ₹10,863.00 Cr., marking a decrease of 43.00 Cr..
For CWIP, as of Sep 2024, the value is ₹23,105.00 Cr.. The value appears strong and on an upward trend. It has increased from ₹20,033.00 Cr. (Mar 2024) to ₹23,105.00 Cr., marking an increase of 3,072.00 Cr..
For Investments, as of Sep 2024, the value is ₹36.00 Cr.. The value appears to be declining and may need further review. It has decreased from ₹37.00 Cr. (Mar 2024) to ₹36.00 Cr., marking a decrease of 1.00 Cr..
For Other Assets, as of Sep 2024, the value is ₹9,236.00 Cr.. The value appears strong and on an upward trend. It has increased from ₹8,215.00 Cr. (Mar 2024) to ₹9,236.00 Cr., marking an increase of 1,021.00 Cr..
For Total Assets, as of Sep 2024, the value is ₹43,239.00 Cr.. The value appears strong and on an upward trend. It has increased from ₹39,191.00 Cr. (Mar 2024) to ₹43,239.00 Cr., marking an increase of 4,048.00 Cr..

However, the Borrowings (23,884.00 Cr.) are higher than the Reserves (₹10,682.00 Cr.), which may signal higher financial risk.

Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.

Reserves and Borrowings Chart

Cash Flow

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Cash from Operating Activity +	1,406	1,279	1,492	2,209	2,376	1,641	1,018	1,714	1,983	2,138	1,632	1,310
Cash from Investing Activity +	-665	-879	-304	-768	-1,199	15	-34	-95	-1,145	-6,132	-6,877	-5,502
Cash from Financing Activity +	-207	-408	-746	-705	-1,621	-2,272	-1,107	-1,345	-1,105	3,669	5,559	4,502
Net Cash Flow	534	-8	442	736	-444	-616	-123	273	-267	-325	314	309

Free Cash Flow

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Free Cash Flow	-1.00	-1.00	0.00	0.00	0.00	-1.00	0.00	0.00	-1.00	-5.00	-12.00	-19.00

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

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Debtor Days	78	73	195	147	83	47	38	101	77	87	34	24
Inventory Days
Days Payable
Cash Conversion Cycle	78	73	195	147	83	47	38	101	77	87	34	24
Working Capital Days	-56	-67	104	120	40	3	61	39	-0	-105	-301	-337
ROCE %		12%	18%	13%	14%	13%	16%	15%	15%	9%	9%	5%

Financial Efficiency Indicators Chart

Share Holding Pattern

Month	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024
Promoters	86.77%	86.77%	86.77%	86.77%	86.77%	86.77%	86.77%	81.85%	81.85%	81.85%	81.85%	81.85%
FIIs	2.51%	2.65%	2.93%	2.96%	2.31%	1.75%	1.40%	0.91%	1.68%	2.36%	2.40%	2.38%
DIIs	4.63%	4.00%	3.42%	3.83%	3.81%	4.06%	4.32%	5.74%	5.97%	3.36%	3.94%	4.29%
Public	6.09%	6.59%	6.88%	6.42%	7.11%	7.41%	7.50%	11.51%	10.51%	12.42%	11.83%	11.48%
No. of Shareholders	2,56,012	3,09,180	3,11,302	2,88,279	3,12,024	3,16,055	3,19,143	6,20,023	6,55,627	11,81,241	12,33,234	15,01,067

Shareholding Pattern Chart

No. of Shareholders

Mutual Fund Holdings

Fund Name	No of Shares	AUM (%)	Amount Invested (Cr)	Previous Number of Shares	Previous Date	Percentage Change
SBI Small Cap Fund	61,093,286	2.34	555.64	5,769,202	2025-03-10	958.96%
Nippon India CPSE ETF	45,386,526	1.35	412.79	5,769,202	2025-03-10	686.7%
Quant Small Cap Fund	17,134,000	1.2	155.83	5,769,202	2025-03-10	196.99%
Quant Flexi Cap Fund	6,330,000	1.98	57.57	5,769,202	2025-03-10	9.72%
ICICI Prudential Bharat 22 ETF	5,769,202	0.35	52.47	5,769,202	2025-03-10	0%
Quant Infrastructure Fund	4,923,000	3.39	44.77	5,769,202	2025-03-10	-14.67%
Mahindra Manulife Multi Cap Fund	4,500,000	1.54	40.93	5,769,202	2025-03-10	-22%
Baroda BNP Paribas Value Fund	4,000,000	2.18	36.38	5,769,202	2025-03-10	-30.67%
Mahindra Manulife Small Cap Fund	3,320,607	0.97	30.2	5,769,202	2025-03-10	-42.44%
Mahindra Manulife Large & Mid Cap Fund	3,000,000	1.61	27.29	5,769,202	2025-03-10	-48%

ROCE Trend

EPS Trend

Key Financial Ratios

Month	Mar 24	Mar 23	Mar 22	Mar 21	Mar 20
FaceValue	10.00	10.00	10.00	10.00	10.00
Basic EPS (Rs.)	2.32	3.46	2.63	4.19	3.58
Diluted EPS (Rs.)	2.32	3.46	2.52	4.19	3.99
Cash EPS (Rs.)	3.73	4.46	3.54	5.18	4.95
Book Value[Excl.RevalReserv]/Share (Rs.)	35.81	35.27	33.51	32.55	30.66
Book Value[Incl.RevalReserv]/Share (Rs.)	35.81	35.27	33.51	32.55	30.66
Revenue From Operations / Share (Rs.)	6.56	7.48	6.15	6.32	6.88
PBDIT / Share (Rs.)	5.38	6.55	4.95	6.45	6.19
PBIT / Share (Rs.)	3.96	5.54	3.92	5.45	5.21
PBT / Share (Rs.)	2.98	4.38	3.34	5.55	5.00
Net Profit / Share (Rs.)	2.31	3.45	2.51	4.18	3.97
NP After MI And SOA / Share (Rs.)	2.32	3.46	2.52	4.19	3.99
PBDIT Margin (%)	81.98	87.61	80.43	102.04	89.95
PBIT Margin (%)	60.38	74.12	63.71	86.22	75.74
PBT Margin (%)	45.33	58.64	54.26	87.76	72.73
Net Profit Margin (%)	35.17	46.11	40.76	66.05	57.76
NP After MI And SOA Margin (%)	35.33	46.26	40.95	66.21	57.96
Return on Networth / Equity (%)	6.47	9.80	7.51	12.86	13.00
Return on Capital Employeed (%)	4.43	7.76	7.46	13.67	13.67
Return On Assets (%)	2.32	4.20	4.25	9.41	9.81
Long Term Debt / Equity (X)	1.40	0.95	0.46	0.14	0.16
Total Debt / Equity (X)	1.44	1.01	0.52	0.14	0.16
Asset Turnover Ratio (%)	0.07	0.12	0.12	0.15	0.17
Current Ratio (X)	1.38	1.32	1.88	2.03	4.19
Quick Ratio (X)	1.36	1.30	1.86	2.00	4.14
Dividend Payout Ratio (NP) (%)	76.31	49.14	61.53	54.92	42.64
Dividend Payout Ratio (CP) (%)	47.36	38.05	43.69	44.33	34.24
Earning Retention Ratio (%)	23.69	50.86	38.47	45.08	57.36
Cash Earning Retention Ratio (%)	52.64	61.95	56.31	55.67	65.76
Interest Coverage Ratio (X)	4.62	6.20	12.05	-889.94	9.07
Interest Coverage Ratio (Post Tax) (X)	2.83	4.36	7.52	-562.65	6.13
Enterprise Value (Cr.)	64209.61	23328.10	14779.02	10839.05	7771.50
EV / Net Operating Revenue (X)	24.89	7.94	6.11	4.36	2.88
EV / EBITDA (X)	30.36	9.06	7.60	4.27	3.20
MarketCap / Net Operating Revenue (X)	18.50	4.45	4.46	4.12	3.01
Retention Ratios (%)	23.68	50.85	38.46	45.07	57.35
Price / BV (X)	3.39	0.94	0.81	0.80	0.67
Price / Net Operating Revenue (X)	18.50	4.45	4.46	4.12	3.01
EarningsYield	0.01	0.10	0.09	0.16	0.19

After reviewing the key financial ratios for SJVN Ltd, here is a detailed analysis based on the latest available data and recent trends:

For FaceValue, as of Mar 24, the value is 10.00. This value is within the healthy range. There is no change compared to the previous period (Mar 23) which recorded 10.00.
For Basic EPS (Rs.), as of Mar 24, the value is 2.32. This value is below the healthy minimum of 5. It has decreased from 3.46 (Mar 23) to 2.32, marking a decrease of 1.14.
For Diluted EPS (Rs.), as of Mar 24, the value is 2.32. This value is below the healthy minimum of 5. It has decreased from 3.46 (Mar 23) to 2.32, marking a decrease of 1.14.
For Cash EPS (Rs.), as of Mar 24, the value is 3.73. This value is within the healthy range. It has decreased from 4.46 (Mar 23) to 3.73, marking a decrease of 0.73.
For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 35.81. It has increased from 35.27 (Mar 23) to 35.81, marking an increase of 0.54.
For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 35.81. It has increased from 35.27 (Mar 23) to 35.81, marking an increase of 0.54.
For Revenue From Operations / Share (Rs.), as of Mar 24, the value is 6.56. It has decreased from 7.48 (Mar 23) to 6.56, marking a decrease of 0.92.
For PBDIT / Share (Rs.), as of Mar 24, the value is 5.38. This value is within the healthy range. It has decreased from 6.55 (Mar 23) to 5.38, marking a decrease of 1.17.
For PBIT / Share (Rs.), as of Mar 24, the value is 3.96. This value is within the healthy range. It has decreased from 5.54 (Mar 23) to 3.96, marking a decrease of 1.58.
For PBT / Share (Rs.), as of Mar 24, the value is 2.98. This value is within the healthy range. It has decreased from 4.38 (Mar 23) to 2.98, marking a decrease of 1.40.
For Net Profit / Share (Rs.), as of Mar 24, the value is 2.31. This value is within the healthy range. It has decreased from 3.45 (Mar 23) to 2.31, marking a decrease of 1.14.
For NP After MI And SOA / Share (Rs.), as of Mar 24, the value is 2.32. This value is within the healthy range. It has decreased from 3.46 (Mar 23) to 2.32, marking a decrease of 1.14.
For PBDIT Margin (%), as of Mar 24, the value is 81.98. This value is within the healthy range. It has decreased from 87.61 (Mar 23) to 81.98, marking a decrease of 5.63.
For PBIT Margin (%), as of Mar 24, the value is 60.38. This value exceeds the healthy maximum of 20. It has decreased from 74.12 (Mar 23) to 60.38, marking a decrease of 13.74.
For PBT Margin (%), as of Mar 24, the value is 45.33. This value is within the healthy range. It has decreased from 58.64 (Mar 23) to 45.33, marking a decrease of 13.31.
For Net Profit Margin (%), as of Mar 24, the value is 35.17. This value exceeds the healthy maximum of 10. It has decreased from 46.11 (Mar 23) to 35.17, marking a decrease of 10.94.
For NP After MI And SOA Margin (%), as of Mar 24, the value is 35.33. This value exceeds the healthy maximum of 20. It has decreased from 46.26 (Mar 23) to 35.33, marking a decrease of 10.93.
For Return on Networth / Equity (%), as of Mar 24, the value is 6.47. This value is below the healthy minimum of 15. It has decreased from 9.80 (Mar 23) to 6.47, marking a decrease of 3.33.
For Return on Capital Employeed (%), as of Mar 24, the value is 4.43. This value is below the healthy minimum of 10. It has decreased from 7.76 (Mar 23) to 4.43, marking a decrease of 3.33.
For Return On Assets (%), as of Mar 24, the value is 2.32. This value is below the healthy minimum of 5. It has decreased from 4.20 (Mar 23) to 2.32, marking a decrease of 1.88.
For Long Term Debt / Equity (X), as of Mar 24, the value is 1.40. This value exceeds the healthy maximum of 1. It has increased from 0.95 (Mar 23) to 1.40, marking an increase of 0.45.
For Total Debt / Equity (X), as of Mar 24, the value is 1.44. This value exceeds the healthy maximum of 1. It has increased from 1.01 (Mar 23) to 1.44, marking an increase of 0.43.
For Asset Turnover Ratio (%), as of Mar 24, the value is 0.07. It has decreased from 0.12 (Mar 23) to 0.07, marking a decrease of 0.05.
For Current Ratio (X), as of Mar 24, the value is 1.38. This value is below the healthy minimum of 1.5. It has increased from 1.32 (Mar 23) to 1.38, marking an increase of 0.06.
For Quick Ratio (X), as of Mar 24, the value is 1.36. This value is within the healthy range. It has increased from 1.30 (Mar 23) to 1.36, marking an increase of 0.06.
For Dividend Payout Ratio (NP) (%), as of Mar 24, the value is 76.31. This value exceeds the healthy maximum of 50. It has increased from 49.14 (Mar 23) to 76.31, marking an increase of 27.17.
For Dividend Payout Ratio (CP) (%), as of Mar 24, the value is 47.36. This value is within the healthy range. It has increased from 38.05 (Mar 23) to 47.36, marking an increase of 9.31.
For Earning Retention Ratio (%), as of Mar 24, the value is 23.69. This value is below the healthy minimum of 40. It has decreased from 50.86 (Mar 23) to 23.69, marking a decrease of 27.17.
For Cash Earning Retention Ratio (%), as of Mar 24, the value is 52.64. This value is within the healthy range. It has decreased from 61.95 (Mar 23) to 52.64, marking a decrease of 9.31.
For Interest Coverage Ratio (X), as of Mar 24, the value is 4.62. This value is within the healthy range. It has decreased from 6.20 (Mar 23) to 4.62, marking a decrease of 1.58.
For Interest Coverage Ratio (Post Tax) (X), as of Mar 24, the value is 2.83. This value is below the healthy minimum of 3. It has decreased from 4.36 (Mar 23) to 2.83, marking a decrease of 1.53.
For Enterprise Value (Cr.), as of Mar 24, the value is 64,209.61. It has increased from 23,328.10 (Mar 23) to 64,209.61, marking an increase of 40,881.51.
For EV / Net Operating Revenue (X), as of Mar 24, the value is 24.89. This value exceeds the healthy maximum of 3. It has increased from 7.94 (Mar 23) to 24.89, marking an increase of 16.95.
For EV / EBITDA (X), as of Mar 24, the value is 30.36. This value exceeds the healthy maximum of 15. It has increased from 9.06 (Mar 23) to 30.36, marking an increase of 21.30.
For MarketCap / Net Operating Revenue (X), as of Mar 24, the value is 18.50. This value exceeds the healthy maximum of 3. It has increased from 4.45 (Mar 23) to 18.50, marking an increase of 14.05.
For Retention Ratios (%), as of Mar 24, the value is 23.68. This value is below the healthy minimum of 30. It has decreased from 50.85 (Mar 23) to 23.68, marking a decrease of 27.17.
For Price / BV (X), as of Mar 24, the value is 3.39. This value exceeds the healthy maximum of 3. It has increased from 0.94 (Mar 23) to 3.39, marking an increase of 2.45.
For Price / Net Operating Revenue (X), as of Mar 24, the value is 18.50. This value exceeds the healthy maximum of 3. It has increased from 4.45 (Mar 23) to 18.50, marking an increase of 14.05.
For EarningsYield, as of Mar 24, the value is 0.01. This value is below the healthy minimum of 5. It has decreased from 0.10 (Mar 23) to 0.01, marking a decrease of 0.09.

Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of SJVN Ltd as of March 12, 2025 is: ₹67.37

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 March 12, 2025, SJVN Ltd is Overvalued by 23.27% compared to the current share price 87.80

Intrinsic Value of SJVN Ltd as of March 12, 2025 is: 61.10

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 March 12, 2025, SJVN Ltd is Overvalued by 30.41% compared to the current share price 87.80

Last 5 Year EPS CAGR: -9.31%

*Investments are subject to market risks

Strength and Weakness

Strength	Weakness
The stock has a low average Working Capital Days of -41.58, which is a positive sign. The company has higher reserves (7,756.46 cr) compared to borrowings (6,638.54 cr), indicating strong financial stability. The company has shown consistent growth in sales (1.92 cr) and profit (1.08 cr) over the years.	The stock has a low average ROCE of 11.58%, which may not be favorable. The stock has a high average Cash Conversion Cycle of 82.00, which may not be favorable.

Stock Analysis

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 SJVN Ltd:
1. Net Profit Margin: 35.17%
  - 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: 4.43% (Industry Average ROCE: 8.21%)
  - 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%: 6.47% (Industry Average ROE: 9.79%)
  - 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): 2.83
  - 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: 1.36
  - 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: 37.6 (Industry average Stock P/E: 90.19)
  - 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: 1.44
  - 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

SJVN Ltd. is a Public Limited Listed company incorporated on 24/05/1988 and has its registered office in the State of Himachal Pradesh, India. Company's Corporate Identification Number(CIN) is L40101HP1988GOI008409 and registration number is 008409. Currently Company is involved in the business activities of Electric power generation by hydroelectric power plants. Company's Total Operating Revenue is Rs. 2533.59 Cr. and Equity Capital is Rs. 3929.80 Cr. for the Year ended 31/03/2024.

INDUSTRY	ADDRESS	CONTACT
Power - Generation/Distribution	SJVN Corporate Office Complex, Shimla Himachal Pradesh 171006	investor.relations@sjvn.nic.in http://www.sjvn.nic.in

Management
Name	Position Held
Mr. Sushil Sharma	Chairman & Managing Director
Mr. Akhileshwar Singh	Director - Finance
Dr. Udeeta Tyagi	Independent Director
Mr. Saroj Ranjan Sinha	Independent Director
Dr. Danveer Singh Yadav	Independent Director
Dr. Shashikant Jagannath Wani	Independent Director
Mr. Mohammad Afzal	Government Nominee Director
Mr. Arindam Chaudhary	Government Nominee Director

FAQ

What is the latest intrinsic value of SJVN Ltd?

The latest intrinsic value of SJVN Ltd as on 11 March 2025 is ₹67.37, which is 23.27% lower than the current market price of 87.80, indicating the stock is overvalued by 23.27%. The intrinsic value of SJVN Ltd is calculated using PE ratio method. The stock has a market capitalization of ₹34,488 Cr. and recorded a high/low of ₹160/80.5 during the current fiscal year 2024-2025. As of Sep 2024, the company has reserves of ₹10,682 Cr and total liabilities of ₹43,239 Cr.

What is the Market Cap of SJVN Ltd?

The Market Cap of SJVN Ltd is 34,488 Cr..

What is the current Stock Price of SJVN Ltd as on 11 March 2025?

The current stock price of SJVN Ltd as on 11 March 2025 is ₹87.8.

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

In FY 2024-2025, the High / Low of SJVN Ltd stocks is ₹160/80.5.

What is the Stock P/E of SJVN Ltd?

The Stock P/E of SJVN Ltd is 37.6.

What is the Book Value of SJVN Ltd?

The Book Value of SJVN Ltd is 37.2.

What is the Dividend Yield of SJVN Ltd?

The Dividend Yield of SJVN Ltd is 2.05 %.

What is the ROCE of SJVN Ltd?

The ROCE of SJVN Ltd is 4.99 %.

What is the ROE of SJVN Ltd?

The ROE of SJVN Ltd is 5.90 %.

What is the Face Value of SJVN Ltd?

The Face Value of SJVN Ltd is 10.0.