Financials Jaiprakash Power Ventures Limited

Equities

JPPOWER

INE351F01018

Independent Power Producers

Market Closed - NSE India S.E. 07:43:48 2024-04-26 am EDT 5-day change 1st Jan Change
18.1 INR +0.28% Intraday chart for Jaiprakash Power Ventures Limited +6.16% +29.75%

Valuation

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Capitalization 1 28,481 11,093 4,104 22,274 46,604 38,037
Enterprise Value (EV) 1 261,712 242,310 64,819 74,229 96,768 85,056
P/E ratio -1.78 x -2.97 x -0.17 x 8.44 x 44.7 x 72.5 x
Yield - - - - - -
Capitalization / Revenue 0.58 x 0.29 x 0.12 x 0.67 x 1.01 x 0.66 x
EV / Revenue 5.37 x 6.23 x 1.88 x 2.25 x 2.09 x 1.47 x
EV / EBITDA 17.2 x 18.2 x 6.26 x 6.42 x 8.66 x 7.31 x
EV / FCF 25.9 x 85.8 x -2.56 x 49 x 986 x 60.8 x
FCF Yield 3.85% 1.17% -39% 2.04% 0.1% 1.64%
Price to Book 0.37 x 0.15 x 0.07 x 0.34 x 0.71 x 0.57 x
Nbr of stocks (in thousands) 5,996,003 5,996,003 6,840,451 6,853,459 6,853,459 6,853,459
Reference price 2 4.750 1.850 0.6000 3.250 6.800 5.550
Announcement Date 9/4/18 8/26/19 9/1/20 9/4/21 8/27/22 9/5/23
1INR in Million2INR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net sales 1 48,769 38,916 34,434 33,017 46,246 57,867
EBITDA 1 15,249 13,327 10,356 11,554 11,177 11,637
EBIT 1 7,061 8,047 5,054 6,779 6,383 7,014
Operating Margin 14.48% 20.68% 14.68% 20.53% 13.8% 12.12%
Earnings before Tax (EBT) 1 -18,668 -5,074 -13,182 3,373 3,105 2,254
Net income 1 -15,958 -3,734 -21,621 2,671 1,075 554.2
Net margin -32.72% -9.6% -62.79% 8.09% 2.32% 0.96%
EPS 2 -2.661 -0.6228 -3.518 0.3850 0.1522 0.0766
Free Cash Flow 1 10,088 2,826 -25,286 1,514 98.15 1,399
FCF margin 20.68% 7.26% -73.43% 4.59% 0.21% 2.42%
FCF Conversion (EBITDA) 66.15% 21.2% - 13.11% 0.88% 12.02%
FCF Conversion (Net income) - - - 56.69% 9.13% 252.45%
Dividend per Share - - - - - -
Announcement Date 9/4/18 8/26/19 9/1/20 9/4/21 8/27/22 9/5/23
1INR in Million2INR
Estimates

Balance Sheet Analysis

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net Debt 1 233,231 231,218 60,714 51,955 50,164 47,020
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 15.29 x 17.35 x 5.863 x 4.497 x 4.488 x 4.041 x
Free Cash Flow 1 10,088 2,826 -25,286 1,514 98.2 1,399
ROE (net income / shareholders' equity) -19% -4.54% -24.2% 2.23% 1.04% 0.53%
ROA (Net income/ Total Assets) 1.18% 1.35% 1.15% 2.43% 2.32% 2.53%
Assets 1 -1,355,039 -276,131 -1,886,164 109,817 46,260 21,907
Book Value Per Share 2 13.00 12.30 9.050 9.450 9.610 9.690
Cash Flow per Share 2 0.1600 0.1200 0.1300 0.0600 0.0900 0.0900
Capex 1 2,299 1,539 663 516 1,031 1,198
Capex / Sales 4.71% 3.96% 1.93% 1.56% 2.23% 2.07%
Announcement Date 9/4/18 8/26/19 9/1/20 9/4/21 8/27/22 9/5/23
1INR in Million2INR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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