Jaiprakash Power Ventures

Quick check

The five things to look at first. Open one for more.

• DebtLook closerRated BBB+ to BBB by 2 agencies.
• ResultsProfit fallingIn the Sep 2026 quarter, sales rose 5.1% and profit fell 82% from a year earlier.
• DilutionNo new sharesNo new shares issued in the last year, so existing shareholders' slices were not cut.
• PromotersSteadyThe promoters (founders or parent) own 24% of the company, about the same as in Sep 2025.
• ValuationCheap vs its pastThe share trades at 7.4 times its yearly earnings (P/E), cheaper than 92% of the time in the last 5 years. Its usual P/E is about 23.

Jaiprakash Power Ventures against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.

• Valuation (P/E)7.4 against a typical 35.5: cheaper than most peers (1st = cheapest).4th of 36
• Sales growth+5.1% against a typical +6.5% from a year earlier.16th of 30
• Profit growth−81.9% against a typical −1.3% from a year earlier.23rd of 25
• Share price, 3 months−23.7% against a typical −11.9%.28th of 34

Exchange filings and their impact on the company.

• 19 Oct 2026Outcome of Board MeetingHigh impactPositivePrice −6.5% on 21 Oct
  Strong power operations and Rs 511 cr NARCL settlement to end insolvency threat drive earnings higher despite large one-time charges.

  Jaiprakash Power reported Q2 FY27 revenue of Rs 1512.1 crore, up 5.1% a year ago, and H1 revenue of Rs 3236.2 crore, with pre-exceptional profit sharply higher on lower costs. Reported profit was hit by a Rs 511 crore provision for full-and-final settlement with NARCL over the Jaiprakash Associates corporate guarantee and a Rs 193.6 crore provision to surrender two coal mines, leaving Q2 net profit at Rs 33.3 crore and H1 at Rs 502.3 crore. The NARCL payment, once made, will lead to withdrawal of recovery and insolvency proceedings, while auditors remain qualified on a Rs 5696.5 crore lender recompense claim and flagged large sand-mining demands that are stayed by court.

  Full analysisFiling

Results dates and other board meetings. Full calendar

Compounded yearly rates over each period.

Listed companies in the same business.

Ram Kumar Porwal

Chief Financial Officer, President (F&A)

Mahesh Chaturvedi

Compliance Officer, General Manager, Company Secretary

Savan Jayendra Patel

Additional Whole-Time Director