Jyoti Structures (JYOTISTRUC)₹10.81+7.35%Heavy Electrical Equipment
In the Jun 2026 quarter (consolidated), Jyoti Structures reported sales of ₹251 Cr, up 60.8% from Jun 2025, and net profit of ₹19.05 Cr, up 72.9% year on year. For the year to Mar 2026, sales were ₹752 Cr and net profit ₹56.14 Cr.
Company filings, consolidated accounts; latest reported quarter Jun 2026
| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 81.10 | 56.11 | 129 | 88.06 | 107 | 137 | 165 | 156 | 151 | 209 | 234 | 251 |
| Expenses | 70.89 | 59.94 | 123 | 82.89 | 101 | 125 | 152 | 149 | 142 | 194 | 217 | 230 |
| Operating Profit | 9.96 | −3.99 | 5.98 | 5.98 | 6.97 | 11.96 | 12.96 | 6.97 | 8.97 | 14.96 | 16.94 | 20.92 |
| OPM % | 13.0% | −7.9% | 5.0% | 6.1% | 6.0% | 9.1% | 8.1% | 4.4% | 6.1% | 7.0% | 7.1% | 8.0% |
| Other Income | 3.01 | 7.02 | 1.01 | 1.01 | 2.01 | 1.01 | 2.01 | 6.02 | 5.01 | 5.02 | 6.02 | 4.01 |
| Interest | 0.00 | 0.00 | 1.01 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1.01 | 2.01 | 2.01 |
| Depreciation | 2.01 | 2.01 | 2.01 | 2.01 | 2.01 | 2.01 | 3.01 | 3.01 | 3.01 | 3.01 | 3.01 | 3.01 |
| Profit before tax | 10.98 | 0.99 | 4.99 | 4.99 | 6.99 | 10.99 | 11.99 | 9.99 | 9.99 | 14.99 | 18.99 | 18.98 |
| Tax % | 0.0% | 0.0% | −194.0% | 2.0% | −6.0% | −2.0% | 3.0% | −9.0% | 4.0% | −10.0% | 4.0% | −1.0% |
| Net Profit | 11.03 | 1.01 | 14.03 | 5.01 | 7.01 | 11.02 | 12.02 | 11.02 | 10.02 | 17.04 | 18.05 | 19.05 |
| EPS (Rs) | 0.09 | 0.00 | 0.11 | 0.03 | 0.05 | 0.08 | 0.09 | 0.08 | 0.07 | 0.13 | 0.14 | 0.15 |
| Mar 2015 | Mar 2016 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 3,115 | 2,949 | 325 | 182 | 16.02 | 0.00 | 4.01 | 229 | 451 | 498 | 752 | 846 |
| Expenses | 3,022 | 2,924 | 3,477 | 841 | 827 | 254 | 40.97 | 229 | 434 | 460 | 701 | 782 |
| Operating Profit | 86.67 | 20.94 | −3,144 | −656 | −809 | −253 | −35.91 | 0.00 | 16.96 | 37.87 | 47.83 | 61.79 |
| OPM % | 2.8% | 0.7% | −972.9% | −360.9% | −4,947.9% | — | −825.9% | 0.0% | 3.8% | 8.1% | 6.1% | 7.3% |
| Other Income | 55.15 | 55.15 | 3.01 | 6.01 | 0.00 | 0.00 | 1.01 | 2.01 | 12.03 | 6.02 | 22.07 | 20.06 |
| Interest | 486 | 673 | 1,025 | 1,111 | 1,506 | 1,501 | 0.00 | 0.00 | 2.01 | 0.00 | 3.01 | 5.03 |
| Depreciation | 53.07 | 54.09 | 29.07 | 27.04 | 16.04 | 10.02 | 7.01 | 5.01 | 7.02 | 8.01 | 13.02 | 12.04 |
| Profit before tax | −395 | −649 | −4,197 | −1,783 | −2,326 | −1,758 | −41.98 | −3.99 | 19.98 | 34.96 | 54.98 | 62.95 |
| Tax % | 0.0% | 9.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | −48.0% | 0.0% | −2.0% | — |
| Exceptional items | −1.01 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | — |
| Net Profit | −397 | −705 | −4,207 | −1,790 | −2,332 | −1,762 | −42.11 | −4.01 | 29.06 | 36.06 | 56.14 | 64.16 |
| EPS (Rs) | −23.04 | −41.00 | −244.45 | −103.87 | −135.69 | −102.41 | −0.42 | −0.03 | 0.24 | 0.29 | 0.46 | 0.49 |
| Dividend payout % | 0.0% | 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 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 22.02 | 22.04 | 22.03 | 22.04 | 22.04 | 22.01 | 127 | 127 | 146 | 239 | 239 |
| Reserves | 364 | −297 | −5,567 | −7,329 | −9,677 | −11,363 | 24.99 | −102 | −172 | 325 | 236 |
| Borrowings | 2,935 | 5,179 | 5,698 | 6,367 | 6,983 | 7,390 | 1,688 | 1,799 | 1,911 | 1,994 | 2,079 |
| Other Liabilities | 2,259 | 1,474 | 2,636 | 3,381 | 4,350 | 5,368 | 352 | 459 | 461 | 459 | 380 |
| Total Liabilities | 5,578 | 6,378 | 2,789 | 2,441 | 1,678 | 1,417 | 2,192 | 2,284 | 2,348 | 3,015 | 2,934 |
| Fixed Assets | 438 | 427 | 90.38 | 62.20 | 43.15 | 33.13 | 27.10 | 32.13 | 33.13 | 42.20 | 70.28 |
| CWIP | 2.01 | 27.99 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1.01 | 2.01 | 2.99 |
| Investments | 5.01 | 5.01 | 0.00 | 0.00 | 0.00 | 1.01 | 1.01 | 1.01 | 1.01 | 1.01 | 1.01 |
| Other Assets | 5,134 | 5,917 | 2,699 | 2,379 | 1,635 | 1,383 | 2,165 | 2,251 | 2,313 | 2,970 | 2,860 |
| Inventories | 449 | 341 | 55.83 | 56.83 | 54.88 | 38.88 | 24.91 | 72.78 | 71.78 | 93.73 | 146 |
| Trade receivables | 3,411 | 4,388 | 2,446 | 2,147 | 1,372 | 1,141 | 1,908 | 2,007 | 2,038 | 2,152 | 2,243 |
| Cash & equivalents | 144 | 70.80 | 35.91 | 26.94 | 24.95 | 22.95 | 84.81 | 31.92 | 39.90 | 513 | 246 |
| Total Assets | 5,578 | 6,378 | 2,789 | 2,441 | 1,678 | 1,417 | 2,192 | 2,284 | 2,348 | 3,015 | 2,934 |
| Mar 2015 | Mar 2016 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operating activity | −1,129 | −1,761 | 1,189 | −8.99 | −3.99 | −1.99 | −99.93 | −35.97 | −18.97 | −177 | −269 |
| Cash from investing activity | −81.07 | −84.08 | −640 | 0.00 | 0.00 | 0.00 | 0.00 | −11.01 | −7.01 | −13.01 | −23.04 |
| Cash from financing activity | 1,249 | 1,770 | −917 | 0.00 | 0.99 | 0.00 | 170 | −6.99 | 33.95 | 614 | −73.85 |
| Net cash flow | 41.01 | −76.08 | −368 | −8.99 | −3.01 | −1.99 | 70.05 | −53.01 | 7.99 | 425 | −367 |
| Capex | 35.90 | 51.49 | 10.26 | 0.00 | 0.00 | 0.00 | 1.23 | 12.33 | 9.94 | 18.47 | 41.16 |
| Free cash flow | −1,156 | −1,814 | 1,182 | −8.99 | −3.99 | −1.99 | −101 | −47.99 | −27.98 | −196 | −310 |
| CFO / OP % | −1,279.9% | −8,487.9% | −38.0% | 1.0% | 0.0% | 1.0% | 275.1% | 72,040.1% | −112.9% | −466.9% | −554.9% |
| Mar 2015 | Mar 2016 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor days | 400 | 543 | 2,741 | 4,285 | 30,383 | — | 1,58,010 | 3,184 | 1,643 | 1,573 | 1,086 |
| Inventory days | 80 | 61 | 160 | 302 | 2,628 | 2,744 | 1,283 | 206 | 126 | 173 | 136 |
| Days payable | 240 | 93 | 1,465 | 2,868 | 25,860 | 38,714 | 4,306 | 429 | 232 | 293 | 138 |
| Cash conversion cycle | 239 | 511 | 1,436 | 1,719 | 7,150 | — | 1,54,987 | 2,961 | 1,537 | 1,454 | 1,085 |
| Working capital days | 148 | 0 | −6,357 | −14,741 | −2,16,615 | — | 1,58,842 | 2,936 | 1,537 | 1,429 | 1,033 |
| ROCE % | 3.0% | 0.0% | — | — | — | — | — | 0.0% | 1.0% | 2.0% | 2.0% |
For the Jun 2026 quarter, Jyoti Structures reported sales of ₹251 Cr, up 60.8% year on year and net profit of ₹19.05 Cr, up 72.9% year on year. The operating margin was 8.0%.
Jyoti Structures' sales for the year to Mar 2026 were ₹752 Cr; over the last twelve months they were ₹846 Cr.
Net profit for the year to Mar 2026 was ₹56.14 Cr, and ₹64.16 Cr over the last twelve months. Earnings per share over the same trailing period were ₹0.49.
Jyoti Structures reported borrowings of ₹2,079 Cr at Mar 2026, against cash and equivalents of ₹246 Cr.
Cash from operations was −₹269 Cr in the year to Mar 2026; after capital spending, free cash flow was −₹310 Cr.