JPPOWER
Jaiprakash Power Ventures share price & financials
- Price
- ₹16.87
- Market cap
- ₹11.0k Cr
- Sector
- Power
What Jaiprakash Power Ventures Limited does
Jaiprakash Power Ventures Limited generates electricity from one hydroelectric plant in Uttarakhand and two coal-based thermal plants in Madhya Pradesh, selling power to state utilities under long-term power purchase agreements (with MPPMCL and UPPCL) and the balance as merchant power through power exchanges (IEX, HPX, PXIL). It mines its own thermal coal through captive coal blocks to fuel its thermal plants, and it also operates a standalone cement grinding unit, though this unit is not currently in production.
Segments
- Hydro power generation
- Thermal power generation
- Coal mining
- Cement grinding
- Installed power generation capacity
- 2,220 MW
- Power plants operated
- 3 (1 hydro + 2 coal-based thermal)
- Hydroelectric capacity
- 400 MW (Vishnuprayag HEP, Uttarakhand)
- Thermal power capacity
- 1,820 MW (500 MW Bina TPP + 1,320 MW Nigrie STPP, Madhya Pradesh)
- Captive coal mines
- 2 (Amelia North operating at 3.92 MTPA peak rated capacity; Bandha North under exploration)
- Cement grinding unit capacity
- 2 MTPA (Jaypee Nigrie Cement Grinding Unit)
Quarterly results
Q1 FY27: revenue up 12.2%, net profit up 68.7% against the same quarter last year.
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1,226 | 1,140 | 1,341 | 1,583 | 1,438 +17% | 1,156 +1% | 1,386 +3% | 1,776 +12% |
| EBITDA | 386 | 290 | 388 | 601 | 471 +22% | 174 −40% | 121 −69% | 759 +26% |
| Net profit | 183 | 127 | 156 | 278 | 182 −1% | 4 −97% | -13 −108% | 469 +69% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Performance −16.8% 1Y
1Y: ₹19.26 on 10 Sept 2025 → ₹16.02. High ₹22.87 (27 May 2026), low ₹13.37 (9 Mar 2026).
Financials, as filed
Revenue fell 1.3% a year over 3 years, FY23 to FY26. Operating margin widened to 24.6%.
| Year ending | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| Revenue | ₹5.8k Cr | ₹6.8k Cr | ₹5.5k Cr | ₹5.6k Cr |
| Operating profit | ₹1.1k Cr | ₹2.2k Cr | ₹1.9k Cr | ₹1.4k Cr |
| Operating margin | 19.4% | 33.1% | 33.9% | 24.6% |
| Interest | ₹560 Cr | ₹450 Cr | ₹413 Cr | ₹375 Cr |
| Depreciation | ₹465 Cr | ₹464 Cr | ₹470 Cr | ₹472 Cr |
| Net profit | ₹55 Cr | ₹1.0k Cr | ₹815 Cr | ₹451 Cr |
| Net margin | 1.0% | 15.1% | 14.9% | 8.1% |
| Cash from operations | ₹767 Cr | ₹1.9k Cr | ₹1.7k Cr | ₹1.3k Cr |
| Free cash flow | ₹648 Cr | ₹1.7k Cr | ₹1.5k Cr | ₹1.3k Cr |
| ROCE | 5.0% | 14.0% | 10.0% | 7.0% |
How to read this
From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.
Balance sheet
| Year ending | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| Equity capital | ₹6.9k Cr | ₹6.9k Cr | ₹6.9k Cr | ₹6.9k Cr | ₹6.9k Cr | ₹6.9k Cr |
| Reserves | ₹3.4k Cr | ₹3.5k Cr | ₹3.6k Cr | ₹4.6k Cr | ₹5.9k Cr | ₹5.9k Cr |
| Borrowings | ₹5.2k Cr | ₹5.1k Cr | ₹4.8k Cr | ₹4.2k Cr | ₹3.5k Cr | ₹3.4k Cr |
| Other liabilities | ₹1.5k Cr | ₹1.9k Cr | ₹2.1k Cr | ₹1.6k Cr | ₹1.8k Cr | ₹1.8k Cr |
| Total liabilities | ₹17.0k Cr | ₹17.3k Cr | ₹17.3k Cr | ₹17.3k Cr | ₹18.1k Cr | ₹18.0k Cr |
| Fixed assets | ₹14.3k Cr | ₹13.8k Cr | ₹13.4k Cr | ₹13.0k Cr | ₹12.6k Cr | ₹12.3k Cr |
| Capital work in progress | ₹411 Cr | ₹395 Cr | ₹419 Cr | ₹240 Cr | ₹182 Cr | ₹277 Cr |
| Investments | ₹112 Cr | ₹234 Cr | ₹191 Cr | ₹525 Cr | ₹490 Cr | ₹483 Cr |
| Other assets | ₹2.2k Cr | ₹2.9k Cr | ₹3.3k Cr | ₹3.5k Cr | ₹4.9k Cr | ₹4.9k Cr |
| Total assets | ₹17.0k Cr | ₹17.3k Cr | ₹17.3k Cr | ₹17.3k Cr | ₹18.1k Cr | ₹18.0k Cr |
How to read this
As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.
Who owns it
As disclosed at Jun 2026
Since Jun 2025, DIIs trimmed −6.12 pp while the public added +5.65 pp. The shareholder count shrank 2% to 24,47,396.
- Promoters
- 24.0%
- FIIs
- 6.8%
- DIIs
- 11.2%
- Public
- 58.1%
Since Jun 2025
- DIIs −6.12 pp
- Public +5.65 pp
- FIIs +0.45 pp
How it drifted, 12 quarters
Over this window DIIs fell from 21.6% to 11.2% — −10.5 pp.
Ownership split by quarter, oldest first. Sep '23: Promoters 24.0%, FIIs 4.7%, DIIs 21.6%, Public 49.7%.Dec '23: Promoters 24.0%, FIIs 5.1%, DIIs 20.5%, Public 50.4%.Mar '24: Promoters 24.0%, FIIs 6.1%, DIIs 18.5%, Public 51.5%.Jun '24: Promoters 24.0%, FIIs 7.6%, DIIs 18.2%, Public 50.2%.Sep '24: Promoters 24.0%, FIIs 7.8%, DIIs 18.3%, Public 49.9%.Dec '24: Promoters 24.0%, FIIs 6.3%, DIIs 17.5%, Public 52.3%.Mar '25: Promoters 24.0%, FIIs 6.3%, DIIs 17.5%, Public 52.2%.Jun '25: Promoters 24.0%, FIIs 6.3%, DIIs 17.3%, Public 52.4%.Sep '25: Promoters 24.0%, FIIs 6.3%, DIIs 17.2%, Public 52.5%.Dec '25: Promoters 24.0%, FIIs 6.5%, DIIs 17.0%, Public 52.5%.Mar '26: Promoters 24.0%, FIIs 6.6%, DIIs 17.0%, Public 52.4%.Jun '26: Promoters 24.0%, FIIs 6.8%, DIIs 11.2%, Public 58.1%.
Who bought this quarter
since Mar 2026
Disclosed holders that added to a position or appeared on the register for the first time, biggest addition first.
- Adani Power Limited newly disclosed 24.00% held
The same filing shows 2 holders trimming and 1 off the list — both are in the register beside this.
Who is on the register
Named in the Jun 2026 filing
Every holder of Jaiprakash Power Ventures Limited above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| Adani Power Limited | 24.00% | newly disclosed |
| Naresh Chander Talwar | 5.02% | unchanged |
| ICICI Bank Ltd Bank | 4.57% | −5.40 pp |
| Canara Bank-Mumbai Bank | 2.44% | unchanged |
| Life Insurance Corporation Of India Insurer | 1.13% | −0.23 pp |
| Jaiprakash Associates Limited | — | off the list |
A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.
Mutual funds in JPPOWER
Filings to Aug 2026
0 new, 4 added, 1 trimmed, 0 sold out — net +1.39 L shares (+1.1%).
- Held by funds
- ₹21 Cr
- 5 schemes
- Biggest holder
- Nippon India Nifty Smallcap 250 Index Fund
- ₹13 Cr · 0.4% of that fund
| Scheme | Holding | Last month | Held since |
|---|---|---|---|
| Nippon India Nifty Smallcap 250 Index Fund Nippon India Mutual Fund | ₹13 Cr | +0.95 L | Sep '24 |
| SBI Nifty Smallcap 250 Index Fund SBI Mutual Fund | ₹6 Cr | +0.44 L | Sep '24 |
| Nippon India Nifty 500 Equal Weight Index Fund Nippon India Mutual Fund | ₹1 Cr | +0.00 L | Sep '24 |
| SBI Nifty 500 Index Fund SBI Mutual Fund | ₹0 Cr | −0.01 L | Sep '24 |
| SBI Nifty Small Cap 250 ETF SBI Mutual Fund | ₹0 Cr | +0.01 L | May '26 |
HDFC, Nippon India and SBI schemes, from their monthly disclosures. Changes are counted in shares, so a price move never looks like buying or selling.
Mutual funds Aug 2026
4 added, 1 trimmed — net +1.39 L shares (+1.1%)
- Funds are sitting on
- -5%
- vs est. average cost
- Held by funds
- ₹21 Cr
- 5 schemes · ≈ 0.19% of the company
- Biggest holder
- Nippon India Nifty Smallcap 250 Index Fund
- ₹13 Cr · 0.4% of that fund
Shares held by these funds +57%
Sep '24 1.24 cr shares Jul '26
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