Companies›Industrials›Capital Goods›Electrical Equipment

JYOTI LTD.

Capital Goods › Electrical Equipment
₹68.00
at close · 8 Oct 2026
▲ 1.98 (+3.00%)
ThemesDefence· growing

Latest filings

  1. Quarterly compliance certificate submitted to BSE for Q2 FY27 · Compliance
  2. Trading Window Closure from Oct 1, 2026 · Compliance
  3. Jyoti Ltd 82nd AGM results: all 4 resolutions passed with about 100 percent in favor · Board & Shareholder Meetings
All filings ↓
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Snapshot

What the business is, and whether it's a good one at a fair price.

AI · written from filings

Designs, manufactures and supplies VT (Vertical Turbine) Pumps and HT (High Tension) Motors, with orders flowing primarily into state government lift irrigation schemes in Andhra Pradesh and Telangana through EPC contractors. Recent order disclosures in FY26 included Rs 9.52 crore for 6 VT Pumps and 6 HT Motors from Megha Engineering for the Mukthyala Lift Irrigation Scheme, and Rs 5.38 crore for 10 Large Capacity VT Pumps from PVR Projects for the Jawahar Lift Irrigation Scheme in Khammam. Nine-month revenue grew about 41% year-on-year to Rs 19,322 lakh in 9M FY26, though Q4 FY26 total income fell to Rs 8,409 lakh from Rs 10,853 lakh in Q4 FY25. The cost structure is dominated by materials at 76% of revenue, with employee cost at 13.2% and other operating expenses at 9.1%. The balance sheet carries a negative net worth of Rs 3,385 lakh on a standalone basis and total borrowings of Rs 20,925 lakh, with a Rs 76 crore principal default disclosed to Rare Asset Reconstruction Limited as of 31 March 2026. Inventories rose to Rs 4,965 lakh in FY26 from Rs 2,898 lakh a year earlier, indicating heavy working capital tied up in the order book.

Operating scale
FY26 revenue from operations
Rs 27,653 lakhFY26
Order from Megha Engineering (Mukthyala LIS)
Rs 9.52 crore for 6 VT Pumps and 6 HT Motors with sparesJul 2026
Order from PVR Projects (Jawahar LIS, Telangana)
Rs 5.38 crore for 10 Large Capacity VT PumpsMar 2026
Materials as share of revenue
76%FY26
Total borrowings
Rs 20,925 lakhFY26
Standalone inventories
Rs 4,965 lakhFY26
Who pays it
EPC contractors executing state government lift irrigation schemes (e.g., Megha Engineering, PVR Projects)
Biggest cost
Raw materials (76% of FY26 revenue)
Kind of business
Project-order-driven, working-capital-heavy heavy electrical equipment manufacturer
Where it sits
Listed BSE manufacturer of VT Pumps and HT Motors supplying irrigation projects in Andhra Pradesh and Telangana
Market Cap
₹157 Cr
P / E (TTM)
8.7×
EV / EBITDA
12.8×
Div Yield
—
Growth
19.2%▲
Revenue 5y CAGR
PAT — · EBITDA +27.7%
Quality
0.4%·
ROCE (5y median)
ROE n/m · margin 10.1%
Leverage
n/m·
Debt / Equity · negative net worth
Net debt ₹199 Cr
Revenue FY21→FY26
2.4×▲
Margin +9.6 pts
₹115 Cr → ₹277 Cr
Cash conversion
2.21×▲
Operating cash ÷ profit · 5 yrs
₹108 Cr on ₹49 Cr
Moves on a normal day
1.60%·
Median daily move
Last 269 sessions · the yardstick for filing-day moves
Where it sits among 35 Heavy Electrical Equipment peersBar = share of peers beaten · tick = industry median · latest reported figures
P/E (TTM)#3/34
ROCE#36/36
EBITDA margin#24/35
Revenue growth#31/33
Profit growth#28/32

Scorecard

Measured from the filed financials, judged against its Heavy Electrical Equipment peers · as of FY26 — not investment advice

Strengths
Revenue compounding 19% a year over 5 years
Profit grew in every one of the last 5 years
Over 5 years it reported ₹49 Cr of profit and ₹108 Cr of operating cash — 2.21×
Profit is converting into cash
Concerns
Returns on capital 0.4% (5-year median)
#36 of 36 in Heavy Electrical Equipment on the latest reported figures · down from 0.0% in FY21
Negative net worth — liabilities exceed assets by ₹21 Cr (FY26)
Debt-to-equity and return on equity are not meaningful below zero equity
Heavy working capital — 143 days of cash tied up

Charts

How has the market priced it — with filings on the timeline?

Price

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

Peers

How does it stack up on valuation, returns and growth?

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Financials

Quarterly & annual P&L, balance sheet, cash flow, ratios and segments.

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Ownership

Who owns it — and is the promoter stake clean?

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Common questions

Answered from JYOTI LTD.'s filed financials and exchange disclosures

What does JYOTI LTD. do?

JYOTI LTD. is a Electrical Equipment company listed on BSE.

Is JYOTI LTD. profitable?

Yes. Over the trailing twelve months JYOTI LTD. reported a net profit of ₹18 Cr on revenue of ₹277 Cr.

Does JYOTI LTD. pay a dividend?

Not in the latest reported year — JYOTI LTD.'s dividend payout for FY26 was nil.

Is JYOTI LTD. debt-free?

No. It reported borrowings of ₹209 Cr on its 31 Mar 2026 balance sheet, or net debt of ₹199 Cr after cash. Its net worth is negative — liabilities exceed assets by ₹21 Cr, so a debt-to-equity ratio is not meaningful.

Is JYOTI LTD. expensive compared with its peers?

On trailing P/E, JYOTI LTD. ranks 3 of 34 in Heavy Electrical Equipment — cheaper than 94% of them, against an industry median of 37.7×. This is a position, not a valuation judgement.

How much does the JYOTI LTD. share price move in a day?

On a typical session JYOTI LTD. moves 1.60% — that is the median absolute close-to-close move across its last 269 trading days. MarketPing measures each filing's price reaction against it.

Where can I track JYOTI LTD.'s announcements?

Every NSE and BSE filing by JYOTI LTD. appears on this page, AI-summarised, alongside the price reaction that followed it. Follow the company to get each new filing on WhatsApp within minutes.

Figures are as last reported and may lag the latest filing. Not investment advice.