Companies›Industrials›Capital Goods›Electrical Equipment
NSE:JYOTISTRUC

JYOTI STRUCTURES LTD

Capital Goods › Electrical Equipment
₹9.02
at close · 27 Oct 2026
▼ 0.06 (-0.66%)

Latest filings

  1. Jyoti Structures wins Rs 949.35 crore Power Grid transmission orders · Compliance
  2. Jyoti Structures wins Rs 949.35 crore Power Grid transmission order · Business Updates
  3. JSL wins Rs 689.93 crore GETCO transmission order · Compliance
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

EPC contractor in power transmission, building transmission lines, towers and related infrastructure for utility customers. Manufactures at a Nashik facility — Plant-2 was commissioned in January 2026, doubling manufacturing capacity to 72,000 MT. Order book stood at Rs 2,274 Cr at the end of FY26. Operations span 5 Indian states and run internationally, with branch auditors appointed for Uganda, Kenya and Tunisia; a new joint venture contract was signed in May 2026 for a 28km, 220kV double circuit transmission line in Sri Lanka valued at Rs 67.96 Crores, to be completed in 18 months. FY26 revenue was Rs 750.87 Cr. Materials are the largest cost line at 57.8% of revenue, followed by other operating expenses at 32.5% and employee costs at 9.3%; depreciation accounted for 1.7% and capex 5.5%. The company employed 876 people as of the FY26 BRSR filing.

Operating scale
Order book
Rs 2,274 CrFY26
Manufacturing capacity (Nashik Plant-2, post commissioning)
72,000 MTJan 2026
Employees
876FY26
Geographic footprint
5 Indian states and 2 countriesFY26
International branches
Uganda, Kenya, TunisiaFY27 (auditor appointments at AGM)
Sri Lanka JV project (Mannar–Mullikulam)
28 km, 220kV double circuit line, Rs 67.96 Cr, 18 monthsContract May 2026
Who pays it
Power transmission utilities in India and overseas, including a Sri Lankan national transmission counterparty via a JV partner
Biggest cost
Materials at 57.8% of FY26 revenue
Kind of business
Project-based, asset-heavy EPC contractor with an order-book-driven revenue cycle
Where it sits
EPC contractor in power transmission with a domestic manufacturing base and a multi-country international footprint
Market Cap
₹1,077 Cr
P / E (TTM)
17.0×
EV / EBITDA
37.5×
Div Yield
—
Growth
—·
Revenue 5y CAGR
PAT — · EBITDA —
Quality
1.0%·
ROCE (5y median)
ROE n/m · margin 9.3%
Leverage
4.39·
Debt / Equity · high
Net debt ₹1,986 Cr
Cash conversion
-8.24×▼
Operating cash ÷ profit · 5 yrs
₹-609 Cr on ₹74 Cr
Moves on a normal day
1.81%·
Median daily move
Last 268 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)#8/34
P/B#5/33
ROCE#34/36
ROE#24/34
Debt / Equity#34/34
EBITDA margin#27/35
Revenue growth#7/33
Profit growth#6/32

Scorecard

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

Strengths
Profit grew in every one of the last 5 years
Concerns
Returns on capital 1.0% (5-year median)
#34 of 36 in Heavy Electrical Equipment on the latest reported figures
Carries more debt than its peers — 4.39× equity
higher than 100% of its 34 Heavy Electrical Equipment peers
Over 5 years it reported ₹74 Cr of profit and an operating cash outflow of ₹609 Cr — -8.24×
Less than 60p of every ₹1 of profit arrived as cash
Heavy working capital — 1085 days of cash tied up

Charts

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

JYOTISTRUC · 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 STRUCTURES LTD's filed financials and exchange disclosures

What does JYOTI STRUCTURES LTD do?

JYOTI STRUCTURES LTD is a Electrical Equipment company listed on NSE and BSE, trading under the symbol JYOTISTRUC.

Is JYOTI STRUCTURES LTD profitable?

Yes. Over the trailing twelve months JYOTI STRUCTURES LTD reported a net profit of ₹64 Cr on revenue of ₹845 Cr.

Does JYOTI STRUCTURES LTD pay a dividend?

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

Is JYOTI STRUCTURES LTD debt-free?

No. It reported borrowings of ₹2,084 Cr on its 31 Mar 2026 balance sheet, or net debt of ₹1,986 Cr after cash. Debt stands at 4.39× equity. That is higher than 100% of its 34 Heavy Electrical Equipment peers.

Is JYOTI STRUCTURES LTD expensive compared with its peers?

On trailing P/E, JYOTI STRUCTURES LTD ranks 8 of 34 in Heavy Electrical Equipment — cheaper than 79% of them, against an industry median of 36.3×. This is a position, not a valuation judgement.

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

On a typical session JYOTI STRUCTURES LTD moves 1.81% — that is the median absolute close-to-close move across its last 268 trading days. MarketPing measures each filing's price reaction against it.

Where can I track JYOTI STRUCTURES LTD's announcements?

Every NSE and BSE filing by JYOTI STRUCTURES 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.