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O 19.6

H 19.6

L 19.6

VOL 162487

Jaiprakash Power Ventures Performance

Days Range

Low: ₹18.95
High: ₹19.60
Previous Close ₹19.45
Open ₹19.60
Volume 1,41,61,196
Day’s Range ₹18.95 - ₹19.60
52W Range ₹5.15 - ₹24.00
Market Cap ₹13,343 Cr

Fundamentals of Jaiprakash Power Ventures

ROCE (TTM) 4.77%
P/E Ratio (TTM) 34.16
P/B Ratio 1.25
Industry P/E 21.91
Debt to Equity 0.41
ROE 0.48%
EPS (TTM) 0.71
Dividend Yield NA
Book Value 16
Face Value 10

Financials of Jaiprakash Power Ventures

Mar 2023Jun 2023Sep 2023Dec 2023
Net Sales1,379.881,707.821,349.812,190.32
Expenses1,267.861,301.571,055.441,730.29
Profit before tax-26.04294.05107.85299.12
Operating Profit-43.99191.6568.66172.85
Net Profit-43.99191.6568.66172.85
EPS in Rs-0.050.280.130.23

About Jaiprakash Power Ventures

History of JP Power

Incorporated on December 21, 1994, Jaiprakash Power Venture Limited (JPVL) is a part of the Jaypee Group. The company owns and operates the 400 MW Vishnuprayag Hydroelectric project at Chamoli, Uttarakhand, the 500 MW Jaypee Bina Thermal Power Plant at Village Sirchopi and the 1,320 MW Jaypee Nigrie Super Thermal Power Plant at Nigrie. Jaiprakash Hydro-Power Limited is involved in thermal and hydropower, captive coal mining and cement grinding. The primary products of the company include sand, electrical energy, and cement.

In March 2005, Jaiprakash Power Venture was listed on NSE and BSE with an initial share price of ₹32 per share, having a face value of ₹10. The IPO comprised 18,00,00,000 shares, all of which were offered for sale of ₹576 crore.

Indian Electrical and Electronics Manufacturers Association (IEEMA) Power Awards 2008 recognised the 400 MW Vishnuprayag Hydropower Project and awarded 1st Prize for “Excellence in Fast Track Power Project Execution – Hydro”.

Business Segments

There are two business segments in Jaiprakash Power Venture, which are as follows:

  • Power Generation: It includes both hydropower and thermal power generation.
  • Power Transmission: JPVL has acquired a 74% stake in Jaypee Powergrid Limited (JPL), the developer of a 214 km power transmission project designed for power evacuation from the Karcham-Wangtoo project.

The subsidiary companies of Jaiprakash Power Venture Limited include:

  • Jaypee Arunachal Power Limited (JAPL) – This company was incorporated by JP Power to establish 500 MW Hirong and 2,700 MW Lower Siang hydroelectric projects in Arunachal Pradesh. This is a wholly owned subsidiary of JP Power Ventures Limited.
  • Sangam Power Generation Company Limited (SPGCL) – This power generation company was acquired by JP Power from Uttar Pradesh Power Corporation Limited (UPPCL) to implement a 1,320 MW thermal power project in Tehsil Karchana, Uttar Pradesh.
  • Jaypee Meghalaya Power Limited – This is another company that was incorporated by JP Power to implement the 270 MW Umngot and 450 MW Kynshi-II hydroelectric power projects on a Build, Own, Operate and Transfer (BOOT) basis.
  • Bina Mines and Supply Limited – This company, previously known as Bina Power Supply Limited, is involved in power generation and is a wholly owned subsidiary of JP Power.

Key Personnel of JP Power

  • Shri Jaiprakash Gaur, Director (Founder of Jaypee Group)

Jaiprakash Gaur is the founder of Jaypee Group, the largest private-sector producer of hydropower in India. He completed his Diploma in Civil Engineering from the University of Roorkee.

  • Suren Jain, Managing Director and Chief Executive Officer

Suren Jain is the MD and CEO of JP Power. He has been a part of the company since 2007. He joined JP Group in 1992 and worked at Jaiprakash Industries Limited, Jaypee Hotels, and before moving to JP Power, he was the Director of Jaiprakash Associates Limited.

Corporate Actions

  • Stock Split: There have been no stock splits announced by Jaiprakash Power Venture Limited since January 1, 2000.
  • Bonus: There are no bonus shares announced by Jaiprakash Power Venture Limited since January 1, 2000.

SWOT Analysis 

Strengths

  • Being a part of Jaypee Group gives JPVL enjoys trust in the market.
  • The company holds low debt and is working on reducing debt.

Weakness

  • Hydro projects are usually subjected to hydrological risks.
  • The carbon emissions released from fossil fuels are not easy to tackle.

Opportunities 

  • By adopting effective waste management techniques, the company can reduce waste disposal and promote the conservation of resources.
  • The company can decrease their dependency on fossil fuels by integrating renewable energy solutions like solar, wind, hydroelectric, or geothermal power into its energy generation portfolio.

Threats

  • The power demand aligns with economic growth, and any economic downturn can negatively impact the industry.
  • Frequent alterations in the regulatory framework by the government.
Parent Organisation Indian Private
Founded 1994
Managing Director Manoj Gaur
NSE Symbol JPPOWER

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FAQs

What is the Share price of Jaiprakash Power Ventures (JPPOWER)?

Jaiprakash Power Ventures (JPPOWER) share price as of February 26, 2024, on NSE is Rs 19.25 (NSE) and Rs 19.35 (BSE) on BSE.

Can I buy Jaiprakash Power Ventures (JPPOWER) shares?

Yes, You can buy Jaiprakash Power Ventures (JPPOWER) shares by opening a Demat account with Angel One.

How do I buy Jaiprakash Power Ventures (JPPOWER) from Angel One?

Jaiprakash Power Ventures (JPPOWER) share can be brought through the following modes:
  1. Direct investment: You can buy Jaiprakash Power Ventures (JPPOWER) shares by opening a Demat account with Angel One.
  2. Indirect investment: The indirect method involves investing through ETFs and Mutual Funds that offer exposure to Jaiprakash Power Ventures (JPPOWER) shares.