1. Is Jaiprakash Power Ventures Ltd a good quality company?
Past 10 year's financial track record analysis by Moneyworks4me indicates that Jaiprakash Power Ventures Ltd is a average quality company.
2. Is Jaiprakash Power Ventures Ltd undervalued or overvalued?
The key valuation ratios of Jaiprakash Power Ventures Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.
3. Is Jaiprakash Power Ventures Ltd a good buy now?
The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Jaiprakash Power Ventures Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.
Value Creation ⓘ
Value Creation Index Colour Code Guide ⓘ
|ROCE % ⓘ||4.9%||3.9%||5.6%||5.4%||2.3%||2.4%||2.9%||-7.2%||3.7%||3.1%||-|
|Value Creation Index ⓘ||-0.6||-0.7||-0.6||-0.6||-0.8||-0.8||-0.8||-1.5||-0.7||-0.8||-|
Growth Parameters ⓘ
Growth Parameters Colour Code Guide ⓘ
|YoY Gr. Rt. %||-||19.6%||46.5%||-1.5%||-28.1%||21.1%||10.4%||-12%||0.6%||40.1%||-|
|Adj EPS ⓘ||1.1||0.1||0.5||-0.8||-1.3||-0.9||-0.7||-2.6||0.3||0.2||0.6|
|YoY Gr. Rt. %||-||-94.6%||666.7%||-273.9%||NA||NA||NA||NA||NA||-46.4%||-|
|BVPS (₹) ⓘ||21.9||21.5||21.7||25.9||16.5||15.6||15||9.4||9.9||10.1||10.6|
|Adj Net Profit ⓘ||329||19||134||-236||-761||-530||-416||-1,746||190||101||425|
|Cash Flow from Ops. ⓘ||1,752||2,218||2,470||2,401||1,438||1,359||1,043||1,030||814||845||-|
|Debt/CF from Ops. ⓘ||10.6||9.5||9.5||6.1||8.2||8.3||10.7||5.6||6.4||6||-|
CAGR Colour Code Guide ⓘ
|9 Years||5 Years||3 Years||1 Years|
|Adj EPS ⓘ||-20%||NA||NA||-46.4%|
Key Financial Parameters ⓘ
Performance Ratio Colour Code Guide ⓘ
|Return on Equity % ⓘ||5.5||0.3||2.1||-3.4||-8.7||-5.5||-4.5||-18.2||1.8||1||6|
|Op. Profit Mgn % ⓘ||78.1||69.1||65.7||60.7||35.1||29.9||31.6||27||35.1||24.1||25.3|
|Net Profit Mgn % ⓘ||14.6||0.7||3.4||-6.1||-27.3||-15.7||-11.2||-53.2||5.8||2.2||7.1|
|Debt to Equity ⓘ||2.9||3.3||3.7||1.9||1.2||1.2||1.2||0.6||0.5||0.5||0.4|
|Working Cap Days ⓘ||271||203||171||195||250||185||163||175||162||156||195|
|Cash Conv. Cycle ⓘ||-334||-229||-177||-117||1||22||17||41||62||72||51|
Return on Equity has increased versus last 3 years average to 6.00%
Debt to equity has declined versus last 3 years average to 0.47
Sales growth is good in last 4 quarters at 61.74%
Sales growth has been subdued in last 3 years 7.41%
Net Profit has been subdued in last 3 years 0.00%
|TTM EPS (₹)||0.6||0.6|
|TTM Sales (₹ Cr.)||6,013||6,013|
|BVPS (₹.) ⓘ||10.6||10.1|
|Reserves (₹ Cr.) ⓘ||380||48|
|From the Market|
|52 Week Low / High (₹)||5.48 / 9.44|
|All Time Low / High (₹)||0.54 / 144.00|
|Market Cap (₹ Cr.)||4,681|
|Equity (₹ Cr.)||6,853.5|
|Face Value (₹)||10|
|Industry PE ⓘ||10.5|
Jaiprakash Power Ventures Limited (JPVL) earlier known as Jaiprakash Hydro Power (JHPL), is a part of the Jaypee Group was incorporated in 1994. The company owns and operates the 300 MW Baspa-II Hydroelectric Project at District Kinnaur, Himachal Pradesh , 400 MW Vishnuprayag Hydroelectric project, at District Chamoli, Uttarakhand and 1000 MW Karcham-Wangtoo at District Kinnaur, Himachal Pradesh. All the plants are run-of-the-river hydroelectric power projects.
The company is also implementing the 1320 MW (2X660 MW) super critical technology boiler pit head based Nigrie Thermal Project at District Singrauli in the state of Madhya Pradesh which is expected to commence operations in 2013.
The company has also subscribed 74% of the equity capital of Jaypee Powergrid Limited (JPL), developing a 214 km long power transmission project to evacuate power from the Karcham Wangtoo project, expected to commence operations by December 2011 (the Transmission project).
The company through its subsidiary Jaypee Arunachal Power Limited is implementing two projects in Arunachal Pradesh, the 2700 MW Lower Siang & 500 MW Hirong. JPVL has also extended into implementation Agreement with Government of Meghalaya to set up 270 MW Umngot and 450 MW Kynshi Stage â€“II hydro power projects.
JPVL has also acquired Bina Power Supply Company Limited (BPSCL) from the Aditya Birla Group and is setting up a 1250 MW coal fired Thermal Power Plant at Bina in the State of Madhya Pradesh.
The company has also acquired Sangam Power Generation Company Ltd. for setting up 3 x 660 MW Karchana Thermal Power Project (Phase â€“ I : 2Ã—660 MW) & Prayagraj Power Generation Company Ltd. for 5 x 660 MW Bara Thermal Power project (Phase â€“ I : 3Ã—660 MW) from UP Power Corporation Ltd. on BOO basis.
JHPL has signed MOU with Power Grid Corporation of India (PGCIL) to form joint venture for laying a 230 km (approx.) long transmission system to evacuate power from the 1000 MW Karcham-Wangtoo Hydro Electric Project in Himachal Pradesh.
400 MW Vishnuprayag Hydropower Project of Jaiprakash Power Ventures Ltd (JPVL) was awarded 1st Prize in the category â€œEnergy & Powerâ€™â€™ by the Essar Steel Infrastructure Excellence Awards 2010 in association with CNBC TV18.
300 MW Baspa â€“ II Hydropower project being awarded with â€œSilver Shieldâ€ by Shri Sushil Kumar Shinde, Union Minister of Power along with Shri Bharatsinh Solanki, Union Minister of State for Power in the prestigious National Awards for Meritorious Performance in Power Sector by the Ministry of Power for 2008-09.
300 MW Baspa â€“ II Hydropower project has been awarded the â€œGold Shield for 2009-10â€ and â€œSilver Shield for 2010-11â€ by the Ministry of Power, Government of India in the category of â€œperformance of hydropower stationsâ€.