Jyoti Structures Ltd. (IN:JYOTISTRUC)
:JYOTISTRUC
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Jyoti Structures Ltd.
(JYOTISTRUC)
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Rating:52Neutral
Price Target:
₹12.00
▼(-13.36% Downside)
Action:ReiteratedDate:03/24/26
The score is driven primarily by improving fundamentals (revenue and profitability turning positive) but tempered by ongoing leverage and still-negative operating/free cash flow. Technicals are weak with the price below major moving averages and negative MACD, while valuation appears moderate based on the provided P/E.
Positive Factors
Integrated EPC + Manufacturing Model
Jyoti's integrated EPC plus in-house fabrication model concentrates project scope and vendor risk, improving control over timelines and quality. That vertical integration supports durable contract wins in grid buildouts and helps preserve margins versus pure-play contractors dependent on third-party suppliers.
Negative Factors
Persistently High Leverage
Elevated leverage limits financial flexibility and raises funding cost sensitivity, making the firm vulnerable during project slowdowns. High debt burdens can constrain bidding on large EPC projects that require strong balance sheets and increase refinancing risk over the medium term.
Read all positive and negative factors
Positive Factors
Negative Factors
Integrated EPC + Manufacturing Model
Jyoti's integrated EPC plus in-house fabrication model concentrates project scope and vendor risk, improving control over timelines and quality. That vertical integration supports durable contract wins in grid buildouts and helps preserve margins versus pure-play contractors dependent on third-party suppliers.
Read all positive factors
Jyoti Structures Ltd. (JYOTISTRUC) vs. iShares MSCI India ETF (INDA)
Market Cap
₹14.04B
Dividend YieldN/A
Average Volume (3M)657.44K
Price to Earnings (P/E)17.1
Beta (1Y)1.86
Revenue Growth59.98%
EPS Growth22.83%
CountryIN
Employees197
SectorServices
Sector StrengthN/A
IndustryIndustrial - Machinery
Share Statistics
EPS (TTM)0.14
Shares Outstanding1,193,659,900
10 Day Avg. Volume838,737
30 Day Avg. Volume657,440
Financial Highlights & Ratios
PEG Ratio0.00
Price to Book (P/B)2.58
Price to Sales (P/S)2.92
P/FCF Ratio-7.63
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Jyoti Structures Ltd. Business Overview & Revenue Model
Company Description
Jyoti Structures Limited engages in the design, sourcing, manufacturing, supply, construction, and testing of transmission lines, substations, and distribution projects in India and internationally. The company is involved in the manufacture of tr...
How the Company Makes Money
Jyoti Structures Ltd. primarily makes money by executing EPC and construction contracts in the power transmission sector. Revenue is earned through (1) project execution income from building transmission lines (including surveying, design/engineer...
Jyoti Structures Ltd. Financial Statement Overview
Summary
Income Statement
62
Positive
Balance Sheet
45
Neutral
Cash Flow
50
Neutral
| Breakdown | TTM | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 6.09B | 4.98B | 4.51B | 2.29B | 43.89M | 0.00 |
| Gross Profit | 1.23B | 985.80M | 859.45M | 368.27M | -182.92M | -100.20M |
| EBITDA | 548.30M | 440.40M | 288.22M | 17.95M | -351.87M | -2.55B |
| Net Income | 442.90M | 355.70M | 288.55M | -40.73M | -425.27M | -17.59B |
Balance Sheet | ||||||
| Total Assets | 29.23B | 30.15B | 23.40B | 22.85B | 21.93B | 14.10B |
| Cash, Cash Equivalents and Short-Term Investments | 3.09B | 5.14B | 401.72M | 306.19M | 838.78M | 135.97M |
| Total Debt | 19.58B | 19.96B | 19.16B | 18.03B | 15.24B | 74.12B |
| Total Liabilities | 24.15B | 24.53B | 23.66B | 22.60B | 20.41B | 128.02B |
| Stockholders Equity | 5.08B | 5.62B | -255.62M | 253.54M | 1.52B | -113.92B |
Cash Flow | ||||||
| Free Cash Flow | -1.56B | -1.90B | -294.13M | -542.57M | -1.01B | -21.89M |
| Operating Cash Flow | -1.38B | -1.72B | -194.79M | -438.64M | -995.45M | -21.89M |
| Investing Cash Flow | -78.00M | -182.60M | -68.92M | -90.17M | -1.74M | 1.50M |
| Financing Cash Flow | -1.25B | 6.15B | 344.69M | -3.78M | 1.70B | 0.00 |
Jyoti Structures Ltd. Technical Analysis
Negative
13.85
Price Trends
10.70
Negative
10.57
Negative
13.41
Negative
Market Momentum
-0.23
Negative
48.49
Neutral
81.46
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:JYOTISTRUC, the sentiment is Negative. The current price of 13.85 is above the 20-day moving average (MA) of 10.51, above the 50-day MA of 10.70, and above the 200-day MA of 13.41, indicating a bearish trend. The MACD of -0.23 indicates Negative momentum. The RSI at 48.49 is Neutral, neither overbought nor oversold. The STOCH value of 81.46 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:JYOTISTRUC.
Jyoti Structures Ltd. Peers Comparison
UnderperformOutperform
Sector (55)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | ₹33.05B | 12.27 | ― | ― | -15.09% | -15.98% | |
61 Neutral | ₹12.53B | 70.39 | ― | ― | 27.20% | -45.92% | |
58 Neutral | ₹19.38B | 10.65 | ― | ― | 15.23% | 8.61% | |
55 Neutral | $13.29B | 17.42 | 10.03% | 0.93% | 7.13% | -12.93% | |
52 Neutral | ₹14.04B | 17.09 | ― | ― | 59.98% | 22.83% | |
52 Neutral | ₹10.93B | 25.32 | ― | ― | -4.30% | -99.86% |
* Services Sector Average
IN:JYOTISTRUC
Jyoti Structures Ltd.
11.76
-3.91
-24.95%
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229.10
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477.55
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7.17
-1.83
-20.33%
Jyoti Structures Ltd. Corporate Events
Jyoti Structures lenders appeal NCLT contempt order over NFB limits to NCLAT
Feb 27, 2026
Jyoti Structures Ltd. has disclosed that certain of its lenders have appealed to the National Company Law Appellate Tribunal against an order issued by the National Company Law Tribunal in a contempt matter tied to disbursement and restoration of ...
Jyoti Structures Posts Strong Q3 and Nine-Month FY26 Earnings on Sustained Growth Momentum
Jan 23, 2026
Jyoti Structures Limited reported a robust set of standalone financial results for the third quarter and nine months ended 31 December 2025, highlighting strong operational execution and sustained growth across its core EPC power transmission busi...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.