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Indian power producer operating coal-fired plants in Madhya Pradesh and the Vishnuprayag hydro plant; promoted by Jaypee Group.
Indian power producer operating coal-fired plants in Madhya Pradesh and the Vishnuprayag hydro plant; promoted by Jaypee Group.
Sells electricity from two coal-fired stations in Madhya Pradesh and the Vishnuprayag hydro plant in Uttarakhand, to state distributors and on power exchanges. It sold its large Himachal hydro plants to JSW Energy in 2015 to cut debt. In 2026 Adani Power signed to buy the Jaypee group's stake, subject to approvals.
Moat: none (installed base). Owns generation assets but has struggled financially, limiting its ability to compete on new capacity or pricing.
Headquarters: Noida, India · Founded: 1994 · Employees: 3,824
Size Jaiprakash Power Ventures (JPPOWER.NS) is an India Utilities company (Electric Utilities) with a market value of $1.01B, the 588th largest of 1,058 India companies the cockpit tracks. Shares closed at ₹13.86 on 6 Nov 2026.
Performance Over six months the shares fell 28.5%, against -13.4% for the median peer and 0.0% for the India market (cap-weighted) — 5th lowest of 21 in its peer set.
Growth Revenue grew 6.0% over the last twelve months (peer median +1.5%); the operating margin is 21.2% (peer median 11.6%).
Valuation It trades at 2.3× enterprise value to sales against a peer median of 2.5× (9th cheapest of 21).
Price implies For today's price to make sense, revenue must grow about 10% a year for seven years (Req g). Recent delivered growth is +11%, so the hurdle is -1 pp: the price already allows for a slowdown.
Capital Return on invested capital runs 7.6 points below its cost of capital (13.3% WACC).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | ₹58.3B | ₹55.6B | ₹54.6B | ₹67.6B | ₹57.9B |
| Revenue growth | — | +2% | -19% | +17% | — |
| Gross profit | ₹16.0B | ₹11.7B | ₹15.7B | ₹19.1B | ₹7.84B |
| EBITDA | ₹17.1B | ₹14.2B | ₹19.2B | ₹22.5B | ₹11.7B |
| Net income | ₹4.93B | ₹4.51B | ₹8.14B | ₹10.2B | ₹554M |
| Free cash flow | n/a | ₹11.6B | ₹12.4B | ₹13.0B | ₹1.13B |
| Capital expenditure | n/a | ₹78.6M | ₹2.43B | ₹1.99B | ₹1.20B |
| Total debt | ₹30.5B | ₹33.9B | ₹37.8B | ₹42.5B | ₹47.6B |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | EV / Sales | Req g |
|---|---|---|---|---|---|---|
| Jaiprakash Power Ventures JPPOWER.NS | $1.01B | -29% | +6% | 21% | 2.3× | 9.9% |
| NTPC NTPC.NS | $33.2B | -19% | +7% | 20% | 3.0× | n/a |
| NHPC NHPC.NS | $8.72B | +1% | +12% | 30% | 11.6× | n/a |
| JSW Energy JSWENERGY.NS | $10.1B | -9% | +26% | 36% | 8.5× | n/a |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | JPPOWER.NS | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -6.7% | -5.3% | 9th lowest of 21 |
| 6-month return | -28.5% | -13.4% | 5th lowest of 21 |
| Distance from 52-week high | -43.4% | -38.0% | 7th lowest of 21 |
| Revenue growth (TTM) | +6.0% | +1.5% | 9th highest of 21 |
| Operating margin | 21.2% | 11.6% | 4th highest of 21 |
| EV / Sales | 2.3× | 2.5× | 9th cheapest of 21 |
| Growth the price implies (Req g, 7 yrs) | 9.9% | 0.8% | 6th most demanding of 16 |
| Growth delivered (Del g) | +11.0% | +8.2% | 5th highest of 16 |
| Hurdle (Req g minus delivered) | -1.1 pp | -4.0 pp | 6th most demanding of 16 |
| ROIC minus cost of capital | -7.6 pp | +0.2 pp | 2nd lowest of 21 |
| EV / EBITDA | 7.9× | 9.6× | 4th cheapest of 11 |
| Net debt / EBITDA | 0.1× | 2.2× | 4th least indebted of 12 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | EV / Sales | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Jaiprakash Power Ventures JPPOWER.NS | India | $1.01B | -29% | +6% | 21% | 2.3× | 9.9% | +11.0% |
| Top Energy Co. Ltd. Shanxi 600780.SS | China | $1.02B | -13% | 0% | 5% | 0.5× | -15.1% | +10.2% |
| Polenergia PEP.WA | Poland | $1.02B | +3% | -19% | 6% | 1.7× | 15.8% | +18.5% |
| Unitil UTL | United States | $1.05B | +11% | +21% | 19% | 3.3× | n/a | n/a |
| Guangxi Energy 600310.SS | China | $939M | -14% | +11% | 16% | 5.5× | 4.8% | -27.7% |
| Telecom Plus TEP.L | United Kingdom | $922M | -15% | +6% | 6% | 0.4× | -8.6% | +17.6% |
| Arendals Fossekompani AFK.OL | Norway | $1.11B | -2% | -7% | 11% | 3.0× | 14.4% | +3.6% |
| China Datang Corp. Renewable Power 1798.HK | Hong Kong | $904M | -42% | -6% | 21% | 8.3× | n/a | n/a |
| Guangdong Shaoneng 000601.SZ | China | $887M | -15% | +6% | 7% | 2.5× | -0.4% | -0.7% |
| 2G Energy 2GB.DE | Germany | $885M | -25% | -12% | 6% | 2.1× | 18.5% | +10.1% |
| SG Mart SGMART.NS | India | $1.15B | +55% | +9% | 3% | 1.6× | 30.1% | +298.2% |
| Kasumigaseki Capital 3498.T | Japan | $1.16B | +15% | +70% | 17% | 1.5× | n/a | n/a |
| CGN New Energy 1811.HK | Hong Kong | $1.16B | -23% | -12% | 26% | 4.9× | 4.2% | +8.2% |
| naturenergie NEAG.SW | Switzerland | $1.17B | -12% | -16% | 13% | 0.7× | -15.5% | +5.6% |
| Hunan Energy Group Development 000722.SZ | China | $1.19B | -13% | +126% | 48% | 9.9× | 0.8% | +2.4% |
| Guizhou Qianyuan Power 002039.SZ | China | $1.19B | -8% | +14% | 45% | 5.7× | -10.1% | +4.4% |
| Fujian Mindong Electric Power 000993.SZ | China | $846M | +1% | -18% | 5% | 10.8× | 14.7% | +10.1% |
| Guangzhou Hengyun Enterprises 000531.SZ | China | $817M | -26% | 0% | -2% | 3.6× | n/a | n/a |
| Reliance Power RPOWER.NS | India | $806M | -37% | +3% | 20% | 1.0× | -4.9% | -0.5% |
| Jiangxi Ganneng 000899.SZ | China | $1.26B | -31% | +24% | 13% | 2.5× | -4.4% | +22.6% |
| Swan SWANCORP.NS | India | $799M | -32% | -17% | -9% | 2.4× | n/a | n/a |