Jaiprakash Power Ventures (JPPOWER)₹13.99−0.21%Power Generation
In the Sep 2026 quarter (consolidated), Jaiprakash Power Ventures reported sales of ₹1,513 Cr, up 5.1% from Sep 2025, and net profit of ₹33.11 Cr, down 81.9% year on year. For the year to Mar 2026, sales were ₹5,564 Cr and net profit ₹452 Cr.
Company filings, consolidated accounts; latest reported quarter Sep 2026
| Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 2,189 | 1,515 | 1,756 | 1,227 | 1,141 | 1,342 | 1,583 | 1,439 | 1,156 | 1,386 | 1,724 | 1,513 |
| Expenses | 1,610 | 787 | 963 | 838 | 848 | 950 | 981 | 967 | 981 | 1,262 | 963 | 854 |
| Operating Profit | 577 | 726 | 790 | 386 | 290 | 388 | 601 | 471 | 174 | 121 | 758 | 657 |
| OPM % | 25.9% | 48.0% | 44.9% | 31.9% | 24.9% | 29.0% | 37.9% | 32.9% | 14.9% | 9.0% | 43.9% | 42.9% |
| Other Income | −55.97 | 45.98 | 23.99 | 78.85 | 116 | 25.96 | 47.95 | 39.97 | 55.96 | 83.94 | −163 | −443 |
| Interest | 105 | 109 | 109 | 110 | 97.21 | 97.14 | 97.15 | 100 | 91.08 | 87.17 | 102 | 84.12 |
| Depreciation | 117 | 117 | 119 | 121 | 117 | 116 | 117 | 119 | 120 | 117 | 117 | 118 |
| Profit before tax | 299 | 547 | 587 | 234 | 193 | 201 | 435 | 292 | 18.98 | 1.99 | 377 | 9.99 |
| Tax % | 42.0% | −7.0% | 41.0% | 22.0% | 34.0% | 22.9% | 36.0% | 38.0% | 80.0% | 775.0% | −24.0% | −219.1% |
| Exceptional items | −45.92 | −301 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | −194 | −511 |
| Net Profit | 174 | 590 | 350 | 184 | 127 | 156 | 279 | 182 | 4.01 | −13.03 | 471 | 33.11 |
| EPS (Rs) | 0.24 | 0.85 | 0.50 | 0.26 | 0.17 | 0.22 | 0.40 | 0.26 | 0.00 | −0.01 | 0.67 | 0.04 |
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 4,113 | 4,661 | 4,879 | 3,893 | 3,282 | 3,301 | 4,625 | 5,787 | 6,764 | 5,467 | 5,564 | 5,780 |
| Expenses | 1,557 | 2,937 | 3,346 | 2,620 | 2,391 | 2,139 | 3,508 | 4,659 | 4,521 | 3,599 | 4,187 | 4,060 |
| Operating Profit | 2,551 | 1,712 | 1,524 | 1,267 | 887 | 1,157 | 1,112 | 1,120 | 2,234 | 1,854 | 1,365 | 1,710 |
| OPM % | 61.9% | 36.9% | 30.9% | 32.9% | 26.9% | 34.9% | 24.0% | 18.9% | 33.0% | 34.0% | 24.9% | 29.6% |
| Other Income | 74.96 | 86.90 | 40.96 | 219 | −1,073 | 293 | 235 | 129 | −72.97 | 245 | 228 | −466 |
| Interest | 2,481 | 2,782 | 2,619 | 1,476 | 653 | 580 | 556 | 560 | 449 | 415 | 376 | 365 |
| Depreciation | 638 | 774 | 822 | 530 | 481 | 482 | 483 | 466 | 467 | 472 | 475 | 473 |
| Profit before tax | −485 | −1,747 | −1,864 | −515 | −1,317 | 391 | 310 | 225 | 1,247 | 1,214 | 746 | 408 |
| Tax % | −50.1% | −26.0% | −9.0% | −29.0% | 63.0% | 27.9% | 65.0% | 75.0% | 18.0% | 32.9% | 40.0% | — |
| Exceptional items | −46.92 | 0.00 | −309 | 52.95 | −490 | 91.80 | 0.00 | −3.99 | −384 | 0.00 | 0.00 | −704 |
| Net Profit | −244 | −1,299 | −1,694 | −368 | −2,152 | 282 | 107 | 55.11 | 1,024 | 816 | 452 | 495 |
| EPS (Rs) | −0.86 | −2.05 | −2.65 | −0.63 | −3.15 | 0.32 | 0.15 | 0.07 | 1.48 | 1.18 | 0.65 | 0.70 |
| Dividend payout % | −115.1% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | — |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 2,935 | 2,934 | 5,981 | 5,977 | 5,974 | 6,825 | 6,845 | 6,846 | 6,840 | 6,845 | 6,840 | 6,836 |
| Reserves | 3,468 | 4,670 | 3,387 | 1,780 | 1,377 | 3,153 | 3,427 | 3,531 | 3,589 | 4,607 | 5,423 | 5,864 |
| Borrowings | 32,060 | 25,061 | 23,980 | 23,372 | 23,152 | 6,022 | 5,234 | 5,079 | 4,763 | 4,246 | 3,778 | 3,386 |
| Other Liabilities | 4,106 | 3,600 | 4,475 | 5,935 | 6,722 | 1,831 | 1,483 | 1,888 | 2,111 | 1,598 | 1,734 | 1,843 |
| Total Liabilities | 42,568 | 36,266 | 37,824 | 37,064 | 37,224 | 17,832 | 16,989 | 17,345 | 17,303 | 17,295 | 17,776 | 17,929 |
| Fixed Assets | 24,169 | 23,535 | 27,444 | 31,073 | 30,633 | 15,247 | 14,276 | 13,811 | 13,394 | 13,011 | 12,705 | 12,271 |
| CWIP | 12,707 | 8,033 | 4,849 | 561 | 535 | 478 | 411 | 396 | 420 | 240 | 249 | 277 |
| Investments | 1,980 | 1,978 | 1,978 | 1,979 | 1,980 | 20.93 | 112 | 233 | 190 | 523 | 488 | 481 |
| Other Assets | 3,712 | 2,720 | 3,553 | 3,450 | 4,076 | 2,087 | 2,190 | 2,905 | 3,299 | 3,522 | 4,333 | 4,900 |
| Inventories | 327 | 367 | 314 | 227 | 233 | 341 | 199 | 517 | 710 | 522 | 581 | 487 |
| Trade receivables | 752 | 543 | 1,025 | 978 | 1,181 | 400 | 790 | 929 | 1,164 | 1,183 | 941 | 1,089 |
| Cash & equivalents | 690 | 160 | 82.63 | 122 | 224 | 307 | 305 | 391 | 179 | 953 | 1,554 | 2,003 |
| Total Assets | 42,568 | 36,266 | 37,824 | 37,064 | 37,224 | 17,832 | 16,989 | 17,345 | 17,303 | 17,295 | 17,776 | 17,929 |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operating activity | 2,673 | 2,812 | 1,411 | 1,779 | 1,176 | 1,026 | 812 | 845 | 765 | 1,926 | 1,713 | 1,298 |
| Cash from investing activity | −4,881 | 6,412 | −801 | −230 | −191 | −145 | 280 | −113 | 109 | −990 | 38.93 | −675 |
| Cash from financing activity | 2,055 | −9,473 | −671 | −1,541 | −1,019 | −821 | −1,133 | −710 | −879 | −962 | −890 | −761 |
| Net cash flow | −152 | −262 | −60.94 | 8.99 | −32.98 | 60.96 | −42.95 | 21.99 | −2.99 | −27.97 | 862 | −138 |
| Capex | 0.00 | 2,565 | 910 | 230 | 154 | 65.97 | 51.90 | 103 | 120 | 199 | 243 | 7.99 |
| Free cash flow | 2,675 | 1,619 | 500 | 1,551 | 1,024 | 961 | 761 | 741 | 647 | 1,729 | 1,472 | 1,297 |
| CFO / OP % | 98.0% | 109.9% | 82.0% | 113.0% | 94.0% | 115.9% | 70.0% | 76.0% | 69.0% | 87.0% | 103.0% | 102.0% |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor days | 67 | 49 | 81 | 74 | 112 | 46 | 88 | 74 | 75 | 65 | 64 | 73 |
| Cash conversion cycle | 65 | 47 | 79 | 72 | 110 | 44 | 86 | 72 | 73 | 63 | 62 | 71 |
| Working capital days | −567 | −361 | −372 | −557 | −781 | −117 | −29 | −4 | 20 | 29 | 46 | 42 |
| ROCE % | 6.0% | 6.0% | 3.0% | 3.0% | 3.0% | 2.0% | 5.0% | 6.0% | 5.0% | 14.0% | 10.0% | 7.0% |
For the Sep 2026 quarter, Jaiprakash Power Ventures reported sales of ₹1,513 Cr, up 5.1% year on year and net profit of ₹33.11 Cr, down 81.9% year on year. The operating margin was 42.9%.
Jaiprakash Power Ventures' sales for the year to Mar 2026 were ₹5,564 Cr; over the last twelve months they were ₹5,780 Cr.
Net profit for the year to Mar 2026 was ₹452 Cr, and ₹495 Cr over the last twelve months. Earnings per share over the same trailing period were ₹0.70.
Jaiprakash Power Ventures reported borrowings of ₹3,386 Cr at Mar 2026, against cash and equivalents of ₹2,003 Cr.
Cash from operations was ₹1,298 Cr in the year to Mar 2026; after capital spending, free cash flow was ₹1,297 Cr.