Jaiprakash Power Ventures Ltd - Stock Valuation and Financial Performance

BSE: 532627 | NSE: JPPOWER | Power Generation/Distribution | Small Cap

JP Power Ventures Share Price

18.73 0.46 2.52%
as on 07-Nov'24 00:00

DeciZen - make an informed investing decision on JP Power Ventures

Overall Rating
Bole Toh

1. Quality

2. Valuation

Somewhat Undervalued

3. Price Trend

Semi Strong

Jaiprakash Power Ventures stock performance -

mw4me loader
P/E Ratio (SA):
13.09
Market Cap:
12,521.3 Cr.
52-wk low:
12.2
52-wk high:
24

Is Jaiprakash Power Ventures Ltd an attractive stock to invest in?

1. Is Jaiprakash Power Ventures Ltd a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Jaiprakash Power Ventures Ltd is a average quality company.

2. Is Jaiprakash Power Ventures Ltd undervalued or overvalued?

The key valuation ratios of Jaiprakash Power Ventures Ltd's currently when compared to its past seem to suggest it is in the Somewhat Undervalued zone.

3. Is Jaiprakash Power Ventures Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of Jaiprakash Power Ventures Ltd is likely to Rise-somewhat in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of JP Power Ventures:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Jaiprakash Power Ventures Ltd has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good

Value Creation

Value Creation Index Colour Code Guide

Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
ROCE % 3.3%3.9%2.7%4.1%4.4%-11.2%6.6%5.5%5%8.7%-
Value Creation
Index
-0.8-0.7-0.8-0.7-0.7-1.8-0.5-0.6-0.6-0.4-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 2,1862,7872,7923,3813,7323,2843,3024,6255,7876,7636,686
Sales YoY Gr.-27.5%0.2%21.1%10.4%-12%0.6%40.1%25.1%16.9%-
Adj EPS -1-1.5-1.3-0.9-0.7-2.60.30.20.11.81.4
YoY Gr.-NANANANANANA-46.4%-13.3%1284.6%-
BVPS (₹) 21.725.916.515.6159.49.910.110.211.212
Adj Net
Profit
-302-430-761-530-416-1,74619010690.61,235959
Cash Flow from Ops. 2,4702,4011,4381,3591,0431,0308148457681,933-
Debt/CF from Ops. 9.36.18.28.310.75.66.466.22.2-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 13.4%12.6%27%16.9%
Adj EPS NANA85.9%1284.6%
BVPS-7.1%-5.7%4%9.8%
Share Price 2.9% 75.3% 57.2% 32.2%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
Return on
Equity %
-4.8-6.2-8.7-5.5-4.5-18.21.810.811.112.1
Op. Profit
Mgn %
57.953.235.129.931.62735.124.220.233.137.1
Net Profit
Mgn %
-13.8-15.5-27.3-15.7-11.2-53.25.82.31.618.314.4
Debt to
Equity
3.61.91.21.21.20.60.50.50.40.40.3
Working Cap
Days
308270250185163175162156170150114
Cash Conv.
Cycle
-203-11012217416272776659

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 12.10%

Sales growth is growing at healthy rate in last 3 years 27.00%

Net Profit is growing at healthy rate in last 3 years 85.94%

Sales growth is good in last 4 quarters at 21.44%

No data to display

Latest Financials - Jaiprakash Power Ventures Ltd.

Standalone Consolidated
TTM EPS (₹) 1.4 1.9
TTM Sales (₹ Cr.) 6,686 6,686
BVPS (₹.) 12 12
Reserves (₹ Cr.) 1,340 1,340
P/BV 1.53 1.53
PE 13.09 9.69
From the Market
52 Week Low / High (₹) 12.23 / 23.99
All Time Low / High (₹) 0.54 / 144.00
Market Cap (₹ Cr.) 12,521
Equity (₹ Cr.) 6,853.5
Face Value (₹) 10
Industry PE 29.1

Management X-Ray of JP Power Ventures:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *94.6394.6379.2079.2079.2079.2079.2079.2079.2079.20
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of JP Power Ventures

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Sales2,1862,7872,7923,3813,7323,2843,3024,6255,7876,763
Operating Expenses 9211,3051,8112,3702,5532,3962,1443,5124,6714,526
Manufacturing Costs7621,1391,6652,0712,3492,1761,9293,5884,3543,991
Material Costs0-11-2200-27935244
Employee Cost 81857793101110101112125133
Other Costs 78826820710111011491158157
Operating Profit 1,2651,4819811,0111,1808881,1581,1131,1152,236
Operating Profit Margin (%) 57.9%53.1%35.1%29.9%31.6%27.0%35.1%24.1%19.3%33.1%
Other Income 1181288834914275133235135388
Interest 1,2891,8861,8061,4921,433650578556560449
Depreciation 465566487487475479480481464465
Exceptional Items 4-470053-2,51424400-797
Profit Before Tax -367-891-1,224-619-533-2,680476311227913
Tax -69-464-464-91-156824110202168227
Profit After Tax -298-426-761-527-378-3,50536610859686
PAT Margin (%) -13.7%-15.3%-27.2%-15.6%-10.1%-106.0%11.1%2.3%1.0%10.1%
Adjusted EPS (₹)-1.0-1.5-1.3-0.9-0.6-5.10.50.20.11.0
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%0%0%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24

Equity and Liabilities

Shareholders Fund 6,3797,6159,8939,3658,98810,23110,61410,72210,78211,468
Share Capital 2,9382,9385,9965,9965,99610,64610,65910,65910,65910,659
Reserves 3,4414,6773,8973,3692,992-415-4563123809
Minority Interest0000000000
Debt18,61311,8209,6099,2688,6875,5305,2174,8904,4074,037
Long Term Debt18,02411,2738,9817,9317,3415,0254,7524,4513,9923,625
Short Term Debt5895476271,3371,347505465439416412
Trade Payables1,352864269315307221224331420362
Others Liabilities 5,6753,4933,7173,9214,8851,4171,0341,6062,0011,431
Total Liabilities 32,02023,79223,48722,87022,86717,39917,08817,54917,61017,297

Fixed Assets

Gross Block25,18417,49117,67117,71217,79517,85117,92817,93517,98118,053
Accumulated Depreciation2,0801,3321,8182,3002,7743,2513,7264,2014,6635,114
Net Fixed Assets23,10416,15815,85315,41215,02114,60014,20313,73413,31812,939
CWIP 358146158159131140776191132
Investments 5,7805,4765,5175,7365,7361,0329001,022972757
Inventories309339235169174342200519712524
Trade Receivables7103994542964893627919301,1671,186
Cash Equivalents 4971024650161296301388175952
Others Assets1,2621,1711,2251,0481,1556276178961,174808
Total Assets 32,02023,79223,48722,87022,86717,39917,08817,54917,61017,297

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Cash Flow From Operating Activity 2,4702,4011,4381,3591,0431,0308148457681,933
PBT 130-474-1,224-619-586-167232311227913
Adjustment 1,5592,3802,2621,9371,7891,0599528199541,134
Changes in Working Capital -14-250401-44-160140-372-290-406-111
Tax Paid -3600850-315-7-3
Cash Flow From Investing Activity -2,6608,303-15-193-168-132278-113109-997
Capex -1,563731-39-215-156-64-53-103-120-184
Net Investments -566717-4-125-93-41-101215-807
Others -1,0417,504726113253729114-6
Cash Flow From Financing Activity -63-10,855-1,462-1,177-901-822-1,135-711-880-964
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing 2,197-56100000000
Interest Paid -1,358-2,075-1,186-608-675-628-572-550-549-447
Dividend Paid 0000000000
Others -901-8,220-276-569-226-194-563-161-331-517
Net Cash Flow -253-151-39-11-2676-4322-3-28
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Ratios
ROE (%)-4.7-6.09-8.69-5.48-4.12-45.485.541.580.859.37
ROCE (%)3.283.872.654.124.41-11.236.625.485.028.72
Asset Turnover Ratio0.070.10.120.150.160.160.190.270.330.39
PAT to CFO Conversion(x)N/AN/AN/AN/AN/AN/A2.227.8213.022.82
Working Capital Days
Receivable Days80725641384764686664
Inventory Days39423722172930283933
Payable Days0000000-3633,896584

Jaiprakash Power Ventures Ltd Stock News

Jaiprakash Power Ventures Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of JP Power Ventures on 07-Nov-2024 00:00 is ₹18.73.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 07-Nov-2024 00:00 the market cap of JP Power Ventures stood at ₹12,521.3.
The latest P/E ratio of JP Power Ventures as of 07-Nov-2024 00:00 is 13.09.
The latest P/B ratio of JP Power Ventures as of 07-Nov-2024 00:00 is 1.53.
The 52-week high of JP Power Ventures is ₹23.99 and the 52-week low is ₹12.23.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of JP Power Ventures is ₹6,686 ( Cr.) .

About Jaiprakash Power Ventures Ltd

Jaiprakash Power Ventures Limited (JPVL) earlier known as Jaiprakash Hydro Power (JHPL), is a part of the Jaypee Group was incorporated in 1994. The company owns and operates the 300 MW Baspa-II Hydroelectric Project at District Kinnaur, Himachal Pradesh , 400 MW Vishnuprayag Hydroelectric project, at District Chamoli, Uttarakhand and 1000 MW Karcham-Wangtoo at District Kinnaur, Himachal Pradesh. All the plants are run-of-the-river hydroelectric power projects.

The company is also implementing the 1320 MW (2X660 MW) super critical technology boiler pit head based Nigrie Thermal Project at District Singrauli in the state of Madhya Pradesh which is expected to commence operations in 2013.

The company has also subscribed 74% of the equity capital of Jaypee Powergrid Limited (JPL), developing a 214 km long power transmission project to evacuate power from the Karcham Wangtoo project, expected to commence operations by December 2011 (the Transmission project).

The company through its subsidiary Jaypee Arunachal Power Limited is implementing two projects in Arunachal Pradesh, the 2700 MW Lower Siang & 500 MW Hirong. JPVL has also extended into implementation Agreement with Government of Meghalaya to set up 270 MW Umngot and 450 MW Kynshi Stage –II hydro power projects.

JPVL has also acquired Bina Power Supply Company Limited (BPSCL) from the Aditya Birla Group and is setting up a 1250 MW coal fired Thermal Power Plant at Bina in the State of Madhya Pradesh.

The company has also acquired Sangam Power Generation Company Ltd. for setting up 3 x 660 MW Karchana Thermal Power Project (Phase – I : 2×660 MW) & Prayagraj Power Generation Company Ltd. for 5 x 660 MW Bara Thermal Power project (Phase – I : 3×660 MW) from UP Power Corporation Ltd. on BOO basis.

JHPL has signed MOU with Power Grid Corporation of India (PGCIL) to form joint venture for laying a 230 km (approx.) long transmission system to evacuate power from the 1000 MW Karcham-Wangtoo Hydro Electric Project in Himachal Pradesh.

2010

400 MW Vishnuprayag Hydropower Project of Jaiprakash Power Ventures Ltd (JPVL) was awarded 1st Prize in the category “Energy & Power’’ by the Essar Steel Infrastructure Excellence Awards 2010 in association with CNBC TV18.
300 MW Baspa – II Hydropower project being awarded with “Silver Shield” by Shri Sushil Kumar Shinde, Union Minister of Power along with Shri Bharatsinh Solanki, Union Minister of State for Power in the prestigious National Awards for Meritorious Performance in Power Sector by the Ministry of Power for 2008-09.

2012
300 MW Baspa – II Hydropower project has been awarded the “Gold Shield for 2009-10” and “Silver Shield for 2010-11” by the Ministry of Power, Government of India in the category of “performance of hydropower stations”.

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