āagman

Not investment advice. Data and computed figures, for information only.

SJVN Ltd

NSE: SJVN
₹53.88
−₹1.51 (−2.73%)
NSE · 16 Oct 2026, close
NSE
As of 31 Mar 2026
Market Cap
₹21,720 Cr
CMP
₹53.88
52-wk High / Low
₹91 / 53
P/E
34.0
P/B
1.5
Book Value
₹36.2
Div Yield
2.71%
ROCE
6.0%
ROE
4.6%
Face Value
₹10
D/E
2.27

Price−40.2% over 1Y

āagman read

Computed by āagman
Derived from 12 years and 15 quarters of filings. Not reported by the company.
As of 16 Oct 2026
How we compute these
Piotroski F-Score
6
/ 9
6 of 9 F-score tests passed
Graham Number
₹36
√(22.5 × EPS × book value per share)
ROIC
2.7%
vs 5.8% sector median
Cash flow to profit
2.90
CFO / PAT
Above 1.0 = operating cash flow exceeded reported profit
Margin change
−1,612
bps OPM YoY
Operating margin vs the same quarter last year
Sustainable growth
0.4%
ROE × earnings retention ratio
ROE stability
1.8
pp σ
Standard deviation of ROE across periods. Lower = more stable
Holder deltas
QoQ
pp
Prom +0.00FII −0.10DII +0.05
Latest quarter vs the previous one
Cash-accrual divergence
−2.5%
of assets
Low = accruals track cash flow
Strengths
+FII holding rose by 0.9pp over the last year
Watch-outs
−Latest ROCE of 6% trails the sector median of 9%
−Borrowings are up 1119.9% since FY2016 (2646 to 32278)
−Price trades below its 200-day moving average (0.8x)
−Price is 41.0% below its 52-week high
−Promoter holding fell by 4.9pp over the last year

Peer comparison

Peers
NameP/EMar Cap ₹ CrROCE %ROE %

Quarterly results

Consolidated basis (as filed) · ₹ Cr · 13 quarters
As of 30 Jun 2026
Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales6758785434838701,0266715049171,0321,0821,4961,394
Expenses192172175256224198207264211172309587545
Operating Profit483706368227646828464241707860773910850
OPM %71.6%80.4%67.8%47.0%74.3%80.7%69.2%47.8%77.1%83.3%71.4%60.8%61.0%
Other Income718949195899291525479446035
Interest90124122121143198229159216315245522326
Depreciation101102112242131133137275160171216494247
Profit before tax36356918358462590189−142385453357−47311
Net Profit27244013961357440149−128228308224−118225
EPS (₹)0.691.120.350.160.911.120.38−0.320.580.780.57−0.300.57

Profit & Loss

As of 30 Jun 2026
Consolidated · ₹ Cr · 12 years + TTM
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales2,8162,4942,6792,2282,6452,7032,4852,4172,9382,5793,0724,5285,005
Expenses3724314805246065906196236657378491,1681,613
Operating Profit2,4432,0632,1991,7052,0392,1121,8671,7942,2731,8432,2233,3613,393
OPM %86.8%82.7%82.1%76.5%77.1%78.1%75.1%74.2%77.4%71.5%72.4%74.2%67.8%
Other Income309541411409397587425195310380308180218
Interest6521855101251344422264494827431,2981,408
Depreciation6416776803653903843934043965576761,0421,129
Profit before tax2,0471,7091,8751,6481,7951,9721,8561,3601,7381,1831,1121,2011,074
Net Profit1,6771,4111,5451,2251,3671,5671,6469901,359911818642639
EPS (₹)4.053.413.733.123.473.994.192.523.462.322.091.631.62

Balance Sheet

As of 30 Jun 2026
Consolidated · ₹ Cr
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026Jun 2026
Equity Capital4,1374,1374,1373,9303,9303,9303,9303,9303,9303,9303,9303,930—
Reserves6,0667,1667,3536,7707,3168,1218,8619,2419,93010,14110,24910,309—
Borrowings2,6482,6462,4162,2312,1552,2382,1746,90614,05920,32327,02532,278—
Other Liabilities1,7811,4401,4861,4601,5721,6662,5083,1724,3924,7974,8595,248—
Total Liabilities14,63215,38915,39214,39114,97415,95517,47323,24832,31139,19146,06351,766—
Fixed Assets9,0548,7758,4258,0878,1428,0518,0077,8668,48910,90611,61023,459—
CWIP4295056619441,3032,2654,2988,36915,67420,03326,41419,155—
Investments3369012016019522227536376152—
Other Assets5,1476,0736,2165,2395,3685,4444,9466,7388,1128,2157,9789,100—
Total Assets14,63215,38915,39214,39114,97415,95517,47323,24832,31139,19146,06351,766—

Cash Flows

As of 31 Mar 2026
Consolidated · ₹ Cr
Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity1,2791,4922,2092,3761,6411,0181,7141,9832,1381,6321,3102,4831,860
Cash from Investing Activity−879−304−768−1,19915−34−95−1,145−6,132−6,877−5,502−6,430−3,481
Cash from Financing Activity−408−746−705−1,621−2,272−1,107−1,345−1,1053,6695,5594,5023,9392,385
Net Cash Flow−8442736−444−616−123273−267−325314309−8763

Ratios

As of 31 Mar 2026
13 periods
Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
ROCE %12.018.013.014.013.016.015.015.09.09.05.05.06.0
ROE %————————————4.6
EPS (₹)2.694.053.413.733.123.473.994.192.523.462.322.091.63
Book Value (₹)————————————36.2
Face Value (₹)————————————10
P/E————————————34.0
Div Yield %————————————2.71
NPM %59.553.746.550.046.544.947.656.637.941.830.824.213.6
OPM %86.087.083.082.076.077.078.075.074.077.071.072.074.0
D/E0.270.260.230.210.210.190.190.170.521.011.441.912.27
P/B————————————1.5

Growth

As of 11 Oct 2026
Compounded sales growth
10 years+6.0%
5 years+13.0%
3 years+16.0%
TTM+60.0%
Compounded profit growth
10 years−7.0%
5 years−19.0%
3 years−22.0%
TTM−7.0%
Stock price CAGR
10 years+7.0%
5 years+14.0%
3 years−8.0%
Last year−39.0%
Return on equity
10 years10.0%
5 years7.0%
3 years5.0%
Last year5.0%

Shareholding pattern

As of 30 Jun 2026
Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters89.97%89.97%89.97%90.78%88.78%86.77%86.77%86.77%86.77%81.85%81.85%81.85%81.85%
FIIs3.30%3.30%3.30%3.00%3.07%3.14%2.33%2.65%1.75%2.36%2.49%2.75%2.65%
DIIs2.56%2.56%2.56%3.56%3.82%6.01%5.41%4.00%4.06%3.36%4.20%3.74%3.79%
Government—————————————
Public4.17%4.17%4.17%2.66%4.33%4.09%5.49%6.59%7.41%12.42%11.46%11.65%11.70%
No. of shareholders84,06084,06084,06089,27496,93097,7751,43,4813,09,1803,16,05511,81,24115,57,93814,02,72813,43,889
Change since Jun 2023 (pp)
Promoters −8.12FIIs −0.65DIIs +1.23Public +7.53

Documents

As of 11 Oct 2026
Announcements
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018Shareholder Meeting / Postal Ballot-Outcome of AGMClosure of Trading WindowBoard Comments On Fine Levied By The ExchangesCommercial Operation Of Unit-II (660 MW) Of Company'S Buxar Thermal Power Project
Annual reports
Annual Report 2026Annual Report 2025Annual Report 2024Annual Report 2023Annual Report 2022
Credit ratings
Rating updateRating updateRating updateRating updateRating update
Concalls
May 2026TranscriptMay 2026RecordingNov 2025TranscriptJun 2025TranscriptApr 2025PPTFeb 2025Transcript

Corporate actions

As of 24 Aug 2026
24 Aug 2026DIVIDENDDividend - Re 0.35 Per Share—
20 Feb 2026DIVIDENDInterim Dividend - Rs 1.15 Per Share—
18 Sep 2025DIVIDENDDividend - Re 0.31 Per Share—
21 Feb 2025DIVIDENDInterim Dividend - Rs 1.15 Per Share—
12 Sep 2024DIVIDENDAnnual General Meeting/Dividend - Re 0.65 Per Share—
21 Feb 2024DIVIDENDInterim Dividend - Rs 1.15 Per Share—
21 Sep 2023DIVIDENDAnnual General Meeting/Dividend - Re 0.62 Per Share—
17 Feb 2023DIVIDENDInterim Dividend - Rs 1.15 Per Share—
21 Sep 2022DIVIDENDAnnual General Meeting/Dividend - Re 0.55 Per Share—
21 Feb 2022DIVIDENDInterim Dividend - Rs 1.15 Per Share—
21 Sep 2021DIVIDEND Annual General Meeting/Dividend - Rs 0.40 Per Share—
23 Feb 2021DIVIDEND Interim Dividend - Rs 1.80 Per Share—
21 Sep 2020DIVIDEND Annual General Meeting/Dividend - Rs 0.50 Per Share—
25 Feb 2020DIVIDEND Interim Dividend - Rs 1.70 Per Share—
19 Sep 2019DIVIDEND Annual General Meeting/Dividend - Rs 0.65 Per Share—
18 Feb 2019DIVIDEND Interim Dividend - Rs 1.50 Per Share—
17 Sep 2018DIVIDEND Annual General Meeting/Dividend Re 0.20 Per Share—
21 Feb 2018DIVIDEND Interim Dividend - Rs 1.90 Per Share—
14 Sep 2017DIVIDEND Annual General Meeting/Dividend - Re 0.50 Per Share—
22 Feb 2017DIVIDEND Interim Dividend Rs 2.25 Per Share—
14 Sep 2016DIVIDEND Annual General Meeting/Dividend - Re 0.47 Per Share—
16 Feb 2016DIVIDEND Interim Dividend - Re 0.63 Per Share—
14 Sep 2015DIVIDEND Annual General Meeting/ Dividend - Re 0.42 Per Share—
16 Feb 2015DIVIDENDInterim Dividend - Re 0.63/- Per Share—
1 Sep 2014DIVIDENDAnnual General Meeting / Final Dividend - Re 0.98/- Per Share—
4 Sep 2013DIVIDENDAnnual General Meeting/Dividend Re 0.96/- Per Share—
17 Aug 2011DIVIDENDDividend-Re.0.80 Per Share—
1 Sep 2010DIVIDENDDividend-Re.0.60 Per Share—
Fundamentals from a third-party compiler of exchange filings; prices from the exchanges. Not investment advice.© 2026 āagman