Jyoti Structures Ltd.
Snapshot View

10.56 +0.50 ▲5.0%

26 July 2021, 09:51:00 A.M.
Volume: 18,900

Overview View Details

Sector Infrastructure Compare with Sector peers
Industry Transmission Towers / Equipments Compare with Industry peers
Website http://www.jyotistructures.in
Financial Indicators
Market Cap 110.18 Cr.
Earnings per share (EPS) -212.63 Trailing Twelve Months Ending 2020-03
Price-Earning Ratio (PE) - Trailing Twelve Months Ending 2020-03
Industry PE - Trailing Twelve Months Ending 2020-03
Book Value / Share -883.45 Trailing Twelve Months Ending 2020-03
Price to Book Value -0.01 Calculated using Price: 10.06
Dividend Yield 0.00 Period Ending 2020-03
No. of Shares Subscribed 10.95 Cr. 109,527,710 Shares
FaceValue 2
Company Profile

Jyoti Structures Limited (JSL) was incorporated as a private limited company on May 27, 1974. The company began commercial operations in 1979 with the opening of the first manufacturing facility at Nashik, not long after that Tata Exports decided to invest into the ownership of the company as they were looking for a reliable supplier of towers for their transmission line business. This gave JSL an opportunity to work on international projects right from the beginning of their operations.Jyoti Structures is solution provider in area of high voltage power transmission lines and Substations. The company is incorporated in 1976, presently operates in 40 countries. The company provides wide range of services from design, engineering consulting, tower testing, manufacturing, construction and project management.

The company’s corporate office is located in Mumbai and manufacturing units in Nashik and Raipur. It has a combined capacity of 76,000 MT of transmission line towers. It company owns domestic towers testing station at Ghoti, Igatpuri.

The company has subsidiaries namely JSL Structures, JSL Corporate Services, Shree Chhatrapati Shahu Power Company and Jyoti Structures Africa (Pty). The company has entered into joint venture with Gulf Investment Corporation (GIC) to form Gulf Jyoti International LLC. This unit will have manufacturing capacity of 33,000 MT.

The company’s manufacturing units has been accredited with various certifications such as ISO 9001, ISO 140001 and OHSAS 18001:1999.

Milestones

May 1974 -  Incorporated as Jyoti Structurers Private Limited April

1979 - Commenced commercial production at our Nashik factory September

1988  - Entered into our first turnkey contract with the Maharashtra State Electricity Board February

1989  - Made an initial public offering of 9,20,000 Equity Shares of Rs. 10/- each at a premium of Rs. 5/- per Equity Share aggregating Rs. 13.8 million.

April 1989  -  Listed on the BSE

July 1995  - Listed on the NSE

March 1993  - Commissioned a manufacturing unit at Urla Industrial Area, Raipur.

December 1996  - Set up an in-house tower testing facility at Ghoti, Igatpuri.

June 2005  - Established a joint venture company in Dubai viz. Gulf Jyoti International LLC (GJI) where we have a 30% equity stake.

September 2006  - Incorporated a subsidiary in South Africa viz. Jyoti Structures Africa Pty. Limited where we have a 70% equity stake.

March 2010 - Became the first company in India to test a 1200kV tower

December 2010  - Board of Directors approved the investment in Jyoti Holdings Inc., a corporation established under the laws of Delaware, the U.S.A. Consequently, Jyoti Americas LLC, a subsidiary of Jyoti Holdings Inc. will become our indirect subsidiary.

2010 - Became the first company in India to test a 1200kV tower
2011 - Started Manufacturing Operation in Texas,USA
Jyoti Structures has collaborated with Lauren Engineers and Construction Ltd. by acquiring 50% equity stake in the company.

Awards

1996-1997 - Certificate of Merit from Government of India, Ministry of Commerce for outstanding export performance in Capital goods exports.

1998-1999 - Certificate of Merit by India Trade Promotion Organisation for the second highest exports to Latin American Countries during

1998-99 in the category of ‘Engineering, Metallurgical and Electronic Products’ 1999 - National Export Awards for the year 1996-97 and 1997-98

2000 - Certificate of Export Excellence

 2002 - Awards for Export Excellence by Engineering Export Promotion Council

2010 - Received an award from ESKOM for 500,000 incident free man hours worked on 765kV project

 2010 - Received ‘Excellent Health and Safety Award’ from ESKOM, a power utility of South Africa for achieving 3.5 million man-hours worked without having a lost time injury

1996-1997 - Certificate of Merit from Government of India, Ministry of Commerce for outstanding export performance in Capital goods exports.

1998-1999 - Certificate of Merit by India Trade Promotion Organisation for the second highest exports to Latin American Countries during

1998-99 in the category of ‘Engineering, Metallurgical and Electronic Products’ 1999 - National Export Awards for the year

1996-97 and 1997-98 2000 - Certificate of Export Excellence The company received Award for Export Excellence from Engineering Export Promotion Council, India for achieving highest exports performance during 2000-01 amongst Non-SSI exporters in the panel Fabricated Steel Structures.

2002 - Awards for Export Excellence by Engineering Export Promotion Council

The company received Capital Goods Export Award from Government of India.

2010- Received an award from ESKOM for 500,000 incident free man hours worked on 765kV project.
Received ‘Excellent Health and Safety Award’ from ESKOM, a power utility of South Africa for achieving 3.5 million man-hours worked without having a lost time injury .

 

Delivery View Details

Delivered Qty
Traded Qty

Performance View Details

1 Day
+4.97%
1 Week
+17.99%
1 Month
+46.67%
3 Month
+73.68%
6 Month
+53.94%
1 Year
+307.72%
2 Year
+206.09%
5 Year
-19.33%
9 years 2012-03 2013-03 2014-03 2015-03 2016-03 2017-03 2018-03 2019-03 2020-03
Return on Equity (%) 16.03 5.70 -1.38 -74.64 -1,286.63
Return on Capital Employed (%) 25.79 16.86 14.71 3.26 0.60 -12.91 -160.94
Return on Assets (%) 4.25 1.31 -0.25 -7.92 -12.03 -23.79 -98.17 -68.20 -113.00

Balance Sheet View Details

Particulars 9 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Shh. Funds 652 709 707 411 -270 -1,701 -5,560 -7,325 -9,676
Non Curr. Liab. 553 424 493 1,586 965 201 48 54 49
Curr. Liab. 1,566 1,864 3,209 3,346 5,338 7,087 8,306 9,717 11,311
Minority Int. 1 1 66 181 181 181 -4 -3 -5
Equity & Liab. 2,773 2,997 4,474 5,525 6,214 5,768 2,790 2,444 1,678
Non Curr. Assets 508 520 528 768 864 765 96 68 49
Curr. Assets 2,265 2,478 3,946 4,757 5,350 5,003 2,695 2,377 1,630
Misc. Exp. not W/O
Total Assets 2,773 2,997 4,474 5,525 6,214 5,768 2,790 2,444 1,678

Profit Loss View Details

Particulars 9 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Net Sales 2,766 3,013 3,636 3,111 2,743 897 324 182 16
Other Income 8 5 29 56 69 21 7 47 47
Total Income 2,774 3,018 3,666 3,167 2,812 918 331 229 63
Total Expenditure -2,408 -2,689 -3,326 -3,025 -2,712 -1,410 -3,481 -881 -895
PBIDT 367 329 339 143 100 -492 -3,150 -652 -832
Interest -201 -238 -319 -485 -675 -870 -1,022 -1,106 -1,481
Depreciation -25 -36 -40 -53 -76 -63 -29 -27 -16
Taxation -43 -17 10 -1 -55 0 0 0
Exceptional Items
PAT 98 38 -9 -396 -706 -1,425 -4,201 -1,785 -2,329

Cash Flow View Details

Particulars 9 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Cash Fr. Operatn. -56 51 -88 -1,130 -1,805 532 1,190 -9 -4
Cash Fr. Inv. -238 -80 -40 -81 39 -112 -639 0 0
Cash Fr. Finan. 278 8 177 1,252 515 -490 -918 0 1
Net Change -16 -21 49 41 -1,251 -70 -368 -9 -3
Cash & Cash Eqvt 59 40 89 130 -2,001 -2,071 -2,455 19 16

Shareholding Pattern View Details

9 Qtrs 2019-06 (%) 2019-09 (%) 2019-12 (%) 2020-03 (%) 2020-06 (%) 2020-09 (%) 2020-12 (%) 2021-03 (%) 2021-06 (%)
Promoter 18.16 18.16 18.16 18.11 18.11 18.11 18.11 18.16 0.00
Public 81.84 81.84 81.84 81.89 81.89 81.89 81.89 81.84 100.00
Depository Receipts 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Promoter Holding Pledge (%) 84.58 84.58 84.58 84.82 84.82 84.82 84.82 84.58 0.00

Announcements View Details

Wed, 14 Jul 2021
Shareholding for the Period Ended June 30 2021
Jyoti Structures Ltd has submitted to BSE the Shareholding Pattern for the Period Ended June 30 2021. For more details kindly Click here
Wed, 07 Jul 2021
Statement Of Investor Complaints For The Quarter Ended June 2021
No.of Investor complaints pending at the beginning of the quarter No.of Investor complaints received during the quarter No.of Investor complaints disposed of during the quarter No.of Investor complaints unresolved at the end of the quarter
0220
Name of the Signatory :- Sonali K Gaikwad
Designation :- Company Secretary and Compliance Officer
Wed, 07 Jul 2021
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018
Compliance Certificate in the matter of Regulation 74 (5) of the SEBI (Depository and Participants) Regulations 2018 for the Quarter ended 30th June 2021

Technical Scans View Details

Fri, 23 Jul 2021
Stock Outperforming Benchmark Index in both 1 Week and 3 Month Stock Outperforming Benchmark Index in both 1 Week and 3 Month
Stock Outperforming Sectoral Index in both 1 Week and 3 Month Stock Outperforming Sectoral Index in both 1 Week and 3 Month
Strongly Outperforming Benchmark Index Strongly Outperforming Benchmark Index
Increasing Relative Strength - Benchmark index Increasing Relative Strength - Benchmark index
Strongly Outperforming Sectoral Index Strongly Outperforming Sectoral Index

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