Jyoti Structures
- Market cap
- ₹ 982 Cr.
- P/E
- 15.1x
- P/B
- 2.03x
- 52-week range
- 7.94 – 14.47
- ROE
- 11%
- ROCE
- 2%
- Dividend yield
- 0%
- Debt / equity
- 4.39
- Sector
- Electrical Equipment
- Industry
- Heavy Electrical Equipment
- Listed on
- NSE, BSE
About
Jyoti Structures Limited is an engineering, procurement and construction (EPC) company delivering projects in key infrastructure sectors, such as power transmission and distribution. The Company is also engaged in the manufacturing of transmission line towers, sub-station structures, tall antenna towers and masts. In addition, it also delivers turnkey / EPC projects involving survey, foundation, designing, fabrication, erection and stringing activities of extra-high voltage transmission lines and procurement of major bought-out items, supply of lattice and pipe type structures, civil works, testing and commissioning of switchyard / substations and distribution networks. It also specializes in overhead transmission lines, raw material procurement, right of way clearing, construction of access roads, and tower assembly and erection. It undertakes projects for overhead low voltage (LV) and medium voltage (MV) distribution lines, covering pole-mounted MV distribution substations.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Heavy Electrical Equipment: 51 companies →Jyoti Structures 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)15.1 against a typical 30.4: cheaper than most peers (1st = cheapest).12th of 50
- Sales growth+60.9% against a typical +23.8% from a year earlier.9th of 41
- Profit growth+72.7% against a typical +24.6% from a year earlier.10th of 40
- Share price, 3 months−17.6% against a typical −8.5%.32nd of 45
- Size₹ 982.4 Cr. market value against a typical ₹ 5,357.9 Cr. (1st = largest).31st of 47
Latest announcements
Exchange filings and their impact on the company.
- Won a PGCIL order of undisclosed value, adding visibility but no quantifiable near-term upside.
Jyoti Structures said it has received a Notification of Award from Power Grid Corporation of India. The filing gives no order value, scope or timeline, and confirms it is not a related-party deal. The win adds to revenue visibility for the transmission EPC business, but the near-term financial impact cannot be quantified from the disclosure.
- Jyoti Structures won PGCIL award(s), adding revenue visibility; value undisclosed.
Jyoti Structures said it has received Notifications of Award from Power Grid Corporation of India. The filing states no promoter interest and no related-party nature but does not disclose order value, scope or timelines. The award adds to the transmission EPC order book and should support revenue over the next 12 months as it executes.
- Jyoti Structures won a GETCO transmission order, adding near-term revenue visibility.
Jyoti Structures received a Letter of Award from Gujarat Energy Transmission Corporation Limited, disclosed on October 23, 2026. The filing confirms the order is not a related-party transaction but does not disclose the order value or timeline in the extracted text. For a company with TTM revenue of about Rs 846 crore, a typical GETCO transmission order of this type would add meaningful execution visibility over the next 12 months.
Board meetings
Results dates and other board meetings. Full calendar
| Details | ||
|---|---|---|
| 4 Aug 2026 | Financial Results/Fund Raising/Other business matters | To consider and approve the financial results for the period ended Jun 30, 2026, Fund Raising and other business matters |
| 30 Apr 2026 | Financial Results/Other business matters | To consider and approve the financial results for the period ended March 31, 2026 and other business matters |
| 23 Jan 2026 | Financial Results/Other business matters | To consider and approve the financial results for the period ended December 31, 2025 and other business matters |
| 12 Nov 2025 | Financial Results/Other business matters | To consider and approve the financial results for the period ended September 30, 2025 and other business matters |
| 30 Sep 2025 | Other business matters | To consider other business matters |
| 14 Aug 2025 | Financial Results/Other business matters | To consider and approve the financial results for the period ended Jun 30, 2025 and other business matters |
Financials
Consolidated figures in ₹ crore.
| ₹ Cr. | 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 | 56 | 129 | 88 | 107 | 137 | 165 | 156 | 151 | 209 | 234 | 251 |
| Expenses | 71 | 60 | 123 | 83 | 101 | 125 | 152 | 149 | 142 | 194 | 217 | 230 |
| Operating Profit | 10 | −4 | 6 | 6 | 7 | 12 | 13 | 7 | 9 | 15 | 17 | 21 |
| OPM % | 13% | −8% | 4.9% | 6% | 6% | 9% | 8% | 4.4% | 6% | 7% | 7% | 8% |
| Other Income | 3 | 7 | 1 | 1 | 2 | 1 | 2 | 6 | 5 | 5 | 6 | 4 |
| Interest | 0 | 0 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 2 | 2 |
| Depreciation | 2 | 2 | 2 | 2 | 2 | 2 | 3 | 3 | 3 | 3 | 3 | 3 |
| Profit before tax | 11 | 1 | 5 | 5 | 7 | 11 | 12 | 10 | 10 | 15 | 19 | 19 |
| Tax % | 0% | 0% | −194% | 2% | −6% | −2% | 3% | −9% | 4% | −10% | 4% | −1% |
| Net Profit | 11 | 1 | 14 | 5 | 7 | 11 | 12 | 11 | 10 | 17 | 18 | 19 |
| EPS in Rs | 0.1 | 0.01 | 0.12 | 0.04 | 0.06 | 0.09 | 0.1 | 0.09 | 0.08 | 0.14 | 0.15 | 0.16 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- −13%
- 5 Years
- —
- 3 Years
- 49%
- TTM
- 50%
- 10 Years
- 8%
- 5 Years
- 15%
- 3 Years
- 151%
- TTM
- 55%
- 10 Years
- −1%
- 5 Years
- 4%
- 3 Years
- 4%
- TTM
- —
- 10 Years
- —
- 5 Years
- —
- 3 Years
- —
- TTM
- —
P/E and EPS over time
Daily P/E and trailing 12-month EPS. EPS updates with each result.
Peers
Listed companies in the same business.
| Jyoti Structures | ₹ 10.44 | ₹ 982 Cr. | 15.1x | 2x | 11% | — |
| DLF | ₹ 653.55 | ₹ 1,61,774 Cr. | 39x | 3.6x | 10% | 32% |
| Lodha Developers | ₹ 963.00 | ₹ 1,01,441 Cr. | 33.7x | 5.1x | 15.8% | 20.6% |
| Indus Towers | ₹ 380.00 | ₹ 1,00,250 Cr. | 14.9x | 2.7x | 19.8% | 22% |
| Oberoi Realty | ₹ 1,587.20 | ₹ 57,846 Cr. | 27.3x | 3.8x | — | 41.6% |
| Godrej Properties | ₹ 1,497.90 | ₹ 45,121 Cr. | 166x | 3.3x | 10.2% | 35.9% |
Management
- Kumar V. Balan
- Chief Financial Officer
- Amit Dutta
- Chief Operating Officer
- Sonali Krishnaji Gaikwad
- Compliance Officer, Company Secretary
- Abdul Hameed Khan
- Whole-Time Director
Prices are delayed and for information only. Nothing on this page is investment advice.