JPVL Q3 FY26 results: PAT plunges 96% YoY, auditor gives qualified report

Qualified OpinionEmphasis Of MatterEbitda Margin CompressionContingent Liabilities IncreasedResults View source PDF Explain this filing

JPPOWER · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

-6.8%Reaction day

₹16.07

prior close

₹15.15

announcement price

After-mkt

timing

Nifty Smallcap 250market · index membership as recorded later (tracked since Jun 2026)-1.0%-5.8% vs market

Power Generation peers, median of 27sector-0.5%-6.3% vs sector

On the reaction day the stock moved 5.8 pts less than Nifty Smallcap 250 and 6.3 pts less than its Power Generation peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-0.1

10m

-0.9

15m

-0.7

30m

-1.1

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-6.8-1.0-5.8-0.5-6.3

Next day

-6.0-1.4-4.7-0.9-5.2

-5.5+1.1-6.6-0.0-5.4

-5.7+1.6-7.4+1.1-6.8

-3.5+1.8-5.3-0.1-3.4

-4.7+1.0-5.8+0.1-4.9

-7.3-0.6-6.7-1.8-5.5

15d

-9.5-0.2-9.2-1.3-8.2

-13.1-3.8-9.3-6.4-6.7

-5.7-7.5+1.8-4.9-0.8

+19.5+5.2+14.2+11.0+8.5

UpDownMarket · Nifty Smallcap 250Sector · Power Generation peers, median of 27Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

PAT fell sharply to Rs 489 lakh in Q3 FY26 from Rs 12,465 lakh a year ago, on revenue of Rs 1,15,557 lakh versus Rs 1,14,017 lakh. Nine month PAT stood at Rs 46,487 lakh versus Rs 65,524 lakh last year. Auditor issued a qualified review report flagging non provision against corporate guarantee for associate JAL, lender recompense claim of Rs 5,69,651 lakh, and sand mining demand notices from Andhra Pradesh DMG rising to Rs 8,38,386 lakh from Rs 1,79,083 lakh earlier.

Likely market impact

Sharp PAT drop, weak operating margin, and qualified audit opinion on large contingent liabilities could weigh on the stock and investor confidence.