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JPPOWER - Fundamental Analysis: Financial Health & Valuation

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Rating: 3.2

Last Updated Time : 19 Mar 26, 07:10 pm

Fundamental Rating: 3.2

Stock Code JPPOWER Market Cap 10,280 Cr. Current Price 15.0 ₹ High / Low 27.7 ₹
Stock P/E 16.6 Book Value 18.6 ₹ Dividend Yield 0.00 % ROCE 10.2 %
ROE 6.83 % Face Value 10.0 ₹ DMA 50 15.1 ₹ DMA 200 16.8 ₹
Chg in FII Hold 0.17 % Chg in DII Hold -0.16 % PAT Qtr 4.89 Cr. PAT Prev Qtr 182 Cr.
RSI 55.6 MACD -0.32 Volume 27,50,02,042 Avg Vol 1Wk 10,68,26,680
Low price 12.5 ₹ High price 27.7 ₹ PEG Ratio 0.17 Debt to equity 0.28
52w Index 16.3 % Qtr Profit Var -96.1 % EPS 0.91 ₹ Industry PE 30.0

📊 Core Financials

  • Revenue Growth: PAT dropped sharply (₹4.89 Cr vs ₹182 Cr)
  • Profit Margins: Weak with ROE at 6.83% and ROCE at 10.2%
  • Debt Ratios: Debt-to-Equity at 0.28, moderate leverage
  • Cash Flows: No dividend payout, reinvestment focus
  • Return Metrics: Below industry averages, efficiency concerns

💹 Valuation Indicators

  • P/E Ratio: 16.6 (below industry average of 30, undervalued)
  • P/B Ratio: ~0.8 (Price ₹15 / Book Value ₹18.6, trading below book value)
  • PEG Ratio: 0.17 (suggests undervaluation relative to growth)
  • Intrinsic Value: Attractive compared to peers, but earnings volatility is a concern

🏢 Business Model & Competitive Advantage

  • Operates in power generation and infrastructure
  • Competitive advantage lies in established assets and group backing
  • Profitability pressures weaken sustainability despite scale

📈 Entry Zone Recommendation

  • Current Price: ₹15.0
  • Support Zone: ₹12.5 – ₹14.0 (near 52-week low, RSI at 55.6 indicates neutral momentum)
  • Long-term Holding: Risky due to weak profitability; suitable only for speculative investors

✅ Positive

  • Stock trading below book value
  • Low P/E ratio compared to industry average
  • FII holdings increased (+0.17%), showing some foreign investor confidence

⚠️ Limitation

  • ROE and ROCE are weak compared to peers
  • No dividend yield reduces immediate investor returns
  • Quarterly PAT collapsed, showing earnings instability

📉 Company Negative News

  • Quarterly PAT fell drastically (₹4.89 Cr vs ₹182 Cr)
  • DII holdings decreased (-0.16%), showing reduced domestic confidence
  • Technical indicators (MACD negative, trading below DMA 200) reflect weak momentum

📈 Company Positive News

  • FII holdings increased slightly (+0.17%)
  • PEG ratio indicates undervaluation relative to growth potential

🌐 Industry

  • Power sector benefits from infrastructure demand and government initiatives
  • Industry P/E at 30 highlights JPPOWER trading at a discount

🔎 Conclusion

JPPOWER shows deep undervaluation with low P/E and trading below book value, but earnings volatility and weak profitability metrics limit upside. Entry around ₹12.5–₹14.0 may provide a speculative opportunity. Long-term holding requires caution until earnings stabilize and return ratios improve.

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