JPPOWER

Technical Analysis Overall trend is bullish: short-term and medium-term indicators lean positive.

🏭 Company Snapshot Incorporated: December 21, 1994, as part of the Jaypee Group Operations: Hydroelectric: 400 MW Vishnuprayag (largest private-sector) and 300 MW Baspa‑II Thermal: 500 MW Bina (2×250 MW) – unit 1 commissioned Aug 2012, unit 2 Apr 2013 1,320 MW Nigrie (2×660 MW) – commissioned Feb 2015 Cement grinding and captive coal mining (Amelia coal block) to support operations Business verticals: Power (hydro & thermal), Coal, Sand Mining, Cement Grinding Headquarters: Noida, Uttar Pradesh; part of the diversified Jaypee infrastructure conglomerate 📊 Financial Performance & Stock Highlights Market Cap: Approx ₹11,900 Cr on NSE/BSE Share Price (Jun 24, 2025): ₹17.4–17.5 range; 52‑week high ₹23.77, low ₹12.36 Valuation: P/E: ~14.2–14.7 × P/B: ~0.94–0.97 × Profitability & Returns: ROCE: ~9.55% ROE: ~4.6–6.9% TTM Revenue: ~₹5,462 Cr; Net Income (TTM): ≈₹813 Cr Debt & Capital Structure: Total debt/equity ~0.3x EV/EBITDA ~7.4 ×; EV/EBIT ~9.97 × Dividends: None paid since 2008; yield 0% Shareholder structure (Mar 2025): Promoters hold ~24% (pledged ~79%); FIIs ~6.3%, DIIs (incl. MFs) ~1.8%, public ~68% 🎯 Recent Developments Valuation assessment improved; remains attractively priced relative to peers Notable coverage of Q4 FY25: Consolidated revenue ₹1,366 Cr (–27% YoY); net profit ₹156 Cr 🔍 Outlook JP Power is a substantial player in India’s energy sector with solid capacity across hydro and thermal. With its valuation in line with historical lows and peer comparisons, it could attract value investors. However, lack of dividends, tepid ROE, and relatively high promoter pledging are important caveats. The recent dip in quarterly revenue/profits warrants monitoring.