JYOTI STRUCTURES LTD (JYOTISTRUC): Financials & Fundamentals History

Share price

Closing priceAdjusted for splits and bonus issues.

3M1Y3YAll

₹10.81 latest close · −8.8% over the last 90 sessions

₹10.81 month-end · −4.7% over 12 months

₹10.81 month-end · −26.7% over 3 years

₹10.81 month-end · −22.1% since Jun '22

52-week range ₹7.94 to ₹14.47 · 1-year volatility 57.9%

Was the rally earned?

-5%share price, 1 yearRoughly flat

The share price was roughly flat over 1 year (-5%).
The share count barely moved.

Net profit growth+42 ptsNet profit rose about 54%, which lifts the price.

P/E change-48 ptsThe P/E fell from 33.4x to 20.4x, which lowers the price.

Share count change+1 ptsShare count was little changed. More shares would count against the price.

What do "pts" mean?

"pts" are percentage points of the share price return. The parts add up to the total shown for each period. Because price = P/E × net profit ÷ share count, higher profit pushes the price up, a higher P/E pushes it up, and more shares push it down.

Example: if the price rose 34% and profit growth accounts for +58 pts while a lower P/E accounts for -24 pts, then 58 - 24 = 34. The +58 is not the profit growth rate itself: it is the part of the price move that profit growth explains.

Not shown for 3 years and 5 years: earnings were negative at one end, or there is not enough history.

Net profit is trailing twelve months as reported with a 60-day lag.

Compare this with ADANI POWER

How rough has the ride been?

Maximum drawdown-78.8%recovered 2024-01

1-year volatility57.9%annualised

Beta vs sector index0.873-year daily, correlation 0.38

Volume spikes2last 90 sessions, 5x the 50-day median

Drawdown from peak

Largest drawdowns

-78.8% (2022-02 peak to 2023-03 low, recovered 2024-01)

-77.8% (2024-11 peak to 2026-01 low, not yet recovered)

-65.2% (2019-04 peak to 2020-04 low, recovered 2020-09)

Most recent volume spikes

2026-10-28: 13.4x the 50-day median, price +14.4% that day

2026-10-26: 7.9x the 50-day median, price +10.4% that day

Beta is the slope of daily returns against a market-cap-weighted index of the sector's other listed companies, built from today's constituents (so it excludes companies no longer listed).

Is it expensive against its own past and its peers?

20.4xP/E todayNear its historic low

Against its own history10th percentile

CheapestMedian 47.9xDearest

Usual range 21.6x to 103.2x since 2022-06.

Against Utilities20.4x vs 27.3x

This company

20.4x

Sector median

27.3x

25% below the Utilities median.

P/EP/BP/S

P/E (this company)10th to 90th percentile of its own historyIts medianUtilities median

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P/B (this company)10th to 90th percentile of its own historyIts medianUtilities median

The chart loads when you open this tab.

P/S (this company)10th to 90th percentile of its own historyIts medianUtilities median

How to read this

Shaded band: 10th to 90th percentile of the company's own P/E history; dotted line: its median; orange line: sector median (companies with a positive multiple, at least 5 in the sector).

Sector figures are built from today's listed companies, so they exclude companies that are no longer listed.

All terms explained in the glossary →

How Utilities is valued

Where does it rank among Utilities peers?

Each cell is the company's percentile rank among its Utilities peers (non-financial companies) that month.
Darker is better-ranked.
Rows marked ↓ are inverted (lower debt, shorter cash cycle and a lower P/E rank higher).

Where it ranks today

ROCE12th▲ 3 pts vs a year ago
Op. margin26th▲ 7 pts vs a year ago
Revenue growth89thflat vs a year ago
EPS growth90th▲ 19 pts vs a year ago
Debt/equity ↓6thflat vs a year ago
Cash cycle ↓4thflat vs a year ago
P/E ↓57th▲ 14 pts vs a year ago
12M momentum63rd▲ 61 pts vs a year ago

Rank history

ROCE

Op. margin

Revenue growth

EPS growth

Debt/equity ↓

Cash cycle ↓

P/E ↓

12M momentum

Dec '21Jul '22Jan '23Jul '23Jan '24Jul '24Jan '25Jul '25Jan '26Jul '26Nov '26

Lower rank Higher rank Not enough data

Percentiles use today's listed companies in the sector and need at least 5 peers with a value; grey cells have too few.
ROE is computed from net profit and book value where the source does not report it.

The Utilities sector page Watch it move against Utilities in the Observatory

What is the price implying?

~34%annual earnings growth implied by the price

At a P/E of 87.0x, the price would imply about 33.5%/yr earnings growth for 10 years under the same assumptions, but it is not ranked.

Fewer than six years of annual earnings are available, which is too little to measure delivered growth.

“Implied growth” is what the current price would require under our stated assumptions, not what we expect.

What prices imply across Utilities The market-wide Expectations lists

Key figures

Share Priceclose 9 Nov: ₹10.81
P/E: 20.4x
ROCE: 2.0%
Market Cap: ₹1291 cr
Revenue (TTM): ₹845 cr
P/S: 1.5x
P/B: 2.7x
ROE: 13.3%
Operating Margin: 8.0%
Debt / Equity: 4.4x
12M Momentum: -4.7%

52-week range

₹7.94₹14.47

44% of the way from its 52-week low to its high

Price risk

1Y volatility

57.9%

Beta vs sector

1-year daily

1.37

Balance sheet & cash

Interest cover

operating profit ÷ interest

14.0x

Cash from profit, 3Y

operating cash flow ÷ net profit

-2.00x

low

Share count, 1Y

+0.4%

Are profits backed by cash?

3 of 7checks within range3 beyond a threshold

Other income reliance32%Near threshold

Other income as a share of pre-tax profit (trailing twelve months): 31.8%. Bands: below 15%, 15% to 35%, above 35%.

Tax rate-2%Beyond threshold

Median quarterly effective tax rate over about 2.5 years: -1.5%. Bands: 15% to 35%, 5% to 15% or 35% to 50%, outside 5% to 50%.

Cash conversion-3.84xBeyond threshold

Operating cash flow divided by net profit over the last three fiscal years: -3.84x (cash from operations ₹-465 cr, net profit ₹121 cr). Bands: 0.8x and above, 0.5x to 0.8x, below 0.5x.

Free cash flow0 of 5 yrsBeyond threshold

Fiscal years with positive free cash flow in the last 5: 0. Bands: at least 80% of years, 40% to 80%, below 40%.

Receivable days vs history-557 daysWithin range

Debtor days are below the median of the previous three fiscal years by 557 days (1085 vs 1642). Bands: under 15 days, 15 to 45, over 45.

Capital work in progress4% of fixed assetsWithin range

Capital work-in-progress is 4% of fixed assets. Bands: not rising or up to 30%; rising for three years and above 30%; rising and above 60%.

Payable days-94 days / 2 yrsWithin range

Days payable changed by -94 over two years. Bands: rise of up to 30 days; more than 30 days.

Tap a check to see how it is measured

How to read this

Each check is a named rule with fixed thresholds, not a score. Annual statements are the latest restated figures, so a past year may differ from what was originally reported.

All terms explained in the glossary →

Who has been buying and selling?

Over 2 years, DIIs trimmed 3.8 pts; FIIs added 1.1 pts.
The number of shareholders rose from 60,714 to 2.0 lakh (+233%) between Dec 2023 and Jun 2026.

Holdings, Jun '26

How each group changed

GroupDec '23Jun '26Change

Promoters———

FIIs0.1%1.2%+1.1 pts

DIIs3.9%0.1%-3.8 pts

Public and others96.0%98.6%+2.7 pts

Number of shareholders

2.0 lakhshareholders+233% since Dec '23

Quarterly shareholding as reported, labelled by the quarter it covers (it becomes visible about two months later).
Shareholder counts are only available for recent quarters.

This quarter's smart-money board

What happened next to similar setups

−12.4%typical 12-month return vs the marketBelow the base rate

We found 50 past situations where a non-financial company looked like JYOTI STRUCTURES LTD today on valuation, return on capital, margins, debt, growth, price momentum, size and volatility.
Over the following 12 months the middle half of them returned −32% to +33% vs the market, against −6% for all non-financial companies in the same months.
The analogs' median sat below that base rate (gap −6.2%, 80% range −14.1% to −0.9%), but the matches cluster in only 6 distinct 12-month windows.

Where the 50 outcomes landed

Each dot is one past situation (hover or tap for details) · Solid dots are the closest matches, listed below · Shaded is the middle half of all companies in the same months · 6 beyond the range shown, drawn at the edge

Similar setups' median

−12.4%

All companies' median

−6.2%

Beat the market

32% vs 43%

50 past situations · 50 companies · 36 months · 2020–2025

The closest matches

Company	When	P/E	ROCE	12M mom.	Drawdown	Next 12 months
SAMPANN Producer Manufacturing	Jul 2025	32x	-1%	−11%	−31%	−18%
SHREERAMA Process Industries	Jul 2023	47x	8%	+53%	−9%	+6%
PNBGILTS Finance	Jul 2024	33x	7%	+101%	−9%	−13%
KITEX Process Industries	Oct 2025	32x	10%	+8%	−32%	−43%
NIBL Producer Manufacturing	Mar 2022	17x	-1%	+42%	−19%	−37%

Show the other 3 matches

Company	When	P/E	ROCE	12M mom.	Drawdown	Next 12 months
STEELXIND Non-Energy Minerals	Sep 2021	28x	—	+110%	−13%	+67%
BIRLAMONEY Finance	Jul 2020	20x	—	−4%	−20%	+34%
ZODIAC Producer Manufacturing	Sep 2025	29x	—	−36%	−39%	−45%

How reliable is this?

Matched on P/E, P/S, ROCE, operating margin, debt/equity, interest cover, revenue growth, 12-month momentum, drawdown from 12-month high, size and volatility. Closest on: drawdown from 12-month high, 12-month momentum and P/E. One match per company and at most 7 from any one month.

Independent periods: the matches fall in 6 distinct 12-month windows. Matches from nearby months share the same market conditions, so fewer windows means less evidence.

How this is built

This is history, not a forecast. These are past situations where other companies had broadly similar reported numbers and price trends. What happened to them does not tell you what will happen to JYOTI STRUCTURES LTD. The comparison covers only 2020–2025, a single market period, and only companies still listed today. Companies that were delisted or went bankrupt are missing, which makes past outcomes look better than they were. Returns exclude dividends and are measured against an ApnaFunda-built index, not an official benchmark. Fundamentals are matched on a 60-day assumed reporting lag, not actual announcement dates. Its historical skill has not yet been measured. Past patterns may not repeat.

Methodology

How historical analogs are built

Data as of 2026-11-09. Outcome pool: Jan 2020 to Oct 2025.

For every company we look at the situation it is in today (valuation, return on capital, margins, debt, growth, 12-month price momentum, drawdown, size and volatility) and find past company-months that looked most like it. We then show what happened to those past situations over the following 12 months, measured against the ApnaFunda All index and against the base rate. It describes history. It does not predict anything.

What is compared

Feature	Weight	Non-financial	Financial
P/E	1	yes	yes
P/S	1	yes	—
P/B	1	—	yes
ROCE	1	yes	—
operating margin	1	yes	—
ROE	1	—	yes
debt/equity	0.75	yes	—
interest cover	0.5	yes	—
revenue growth	0.75	yes	yes
12-month momentum	1	yes	yes
drawdown from 12-month high	0.75	yes	yes
size	0.75	yes	yes
volatility	0.5	yes	yes

Weights were set by judgement before any outcome was looked at and are never tuned on results. Loss-making companies (negative P/E or net profit) are only matched with other loss-making companies. Banks, NBFCs and insurers are compared only with each other and use a different feature set. Every feature is converted, month by month, to its rank among companies in the same pool in that month, so a P/E of 30 in a hot market and a P/E of 22 in a cold one can match if both were equally expensive for their time. Only that month's data is used.

How closeness and the sample are defined

Distance is the weighted root-mean-square gap between the standardised features both companies have. A match needs at least 70% of the query's feature weight, a distance of at most 0.9, and 30 matches at minimum to be shown. We keep up to 50 matches with these exclusions: never the company itself, one match per company (its closest month), and at most 7 from any one calendar month so a single market episode cannot dominate.

Base rate

The base rate is the distribution of 12-month returns, relative to the market, of every eligible company-month in the same pool, with each month weighted to match the months the analogs came from. It answers: how did a random company do in these same months? Because matches from nearby months share the same market conditions, we also report the number of distinct 12-month windows behind a result, and a bootstrap that resamples months decides whether the analog median differs from the base rate at all. "Not meaningfully different" is the usual outcome and the page copy is written for it.

Limits you should know

One market period. The outcome pool covers 2020–2025 only (70 months), including the 2020 crash and the 2020–21 rally.
Survivorship. Only companies listed today are included. Delisted and bankrupt companies are missing, which flatters past outcomes, particularly for distressed-looking setups.
Price return only. Dividends are excluded, and the benchmark is an ApnaFunda market-cap-weighted index of the same listed companies, not an official index.
Reporting lag. Fundamentals are matched on an assumed 60-day lag after the quarter end, not on real announcement dates.
Pools: non-financial: 98,395 company-months from 2019 companies; financial: 5,659 company-months from 108 companies. 2349 companies currently have a result; the rest are suppressed because too few comparable situations exist.

Does it work? A walk-forward check

The walk-forward check has not been run for this build, so skill is shown as not yet measured.

Disclaimer

This is history, not a forecast. These are past situations where other companies had broadly similar reported numbers and price trends. What happened to them does not tell you what will happen to any company shown. The comparison covers only 2020–2025, a single market period, and only companies still listed today. Companies that were delisted or went bankrupt are missing, which makes past outcomes look better than they were. Returns exclude dividends and are measured against an ApnaFunda-built index, not an official benchmark. Fundamentals are matched on a 60-day assumed reporting lag, not actual announcement dates. Its historical skill has not yet been measured. Past patterns may not repeat.

What else looks like this?

Companies with the most similar financial profile today, regardless of industry.

UTTAM SUGAR MILLSUTTAMSUGAR

Process Industries

46%similar

market capvolatility

RUSHIL DECORRUSHIL

Non-Energy Minerals

45%similar

operating marginrevenue

FAZE THREEFAZE3Q

Process Industries

43%similar

market capvolatility

SALZER ELECTRONICSSALZERELEC

Producer Manufacturing

43%similar

P/Eoperating margin

SERVOTECH RENEWABLE POWER SYSTSERVOTECH

Producer Manufacturing

43%similar

revenuerevenue growth

BAJEL PROJECTSBAJEL

Utilities

0%similar

market capoperating margin

KPI GREEN ENERGYKPIGREEN

Utilities

0%similar

revenue growthdebt/equity

SWAN CORPSWANCORP

Utilities

0%similar

revenue growthROCE

Similarity is statistical, based on reported metrics; it does not imply similar business quality or future returns.

What changed?

30 events since Jan '22

2026
OctPriceVolume reached 13.4x its 50-day median on 2026-10-28; price +14.4% that day.
JunValuationP/E fell below the 10th percentile of its own history to date (24.9x).
JunPeer rankMoved into the 3rd quartile of Utilities on operating margin (from the bottom quartile).
FebPriceVolume reached 5.2x its 50-day median on 2026-02-10; price +14.0% that day.
JanPriceFell 78% from the Nov 2024 peak to the Jan 2026 low.
2025
DecPeer rankMoved into the top quartile of Utilities on EPS growth (from the 2nd quartile).
NovPriceVolume reached 5.6x its 50-day median on 2025-11-17; price +11.9% that day.
SepPeer rankSlipped to the bottom quartile of Utilities on operating margin (from the 3rd quartile).

Show 22 earlier events

2025
JulSharesShare count is up 63.0% over 12 months.
JulPriceVolume reached 10.6x its 50-day median on 2025-07-09; price +10.8% that day.
JunPeer rankMoved into the 3rd quartile of Utilities on operating margin (from the bottom quartile).
MarResultsRevenue (TTM) reached a new high of ₹461 cr.
2024
OctPriceRegained the 2024-02 peak, 7 months after the low.
OctPriceVolume reached 11.5x its 50-day median on 2024-10-09; price +10.0% that day.
JunResultsEPS (TTM) turned positive.
JunSharesShare count is up 15.0% over 12 months.
MayPriceVolume reached 5.1x its 50-day median on 2024-05-03; price +0.4% that day.
MarPriceFell 40% from the Feb 2024 peak to the Mar 2024 low.
JanPriceRegained the 2022-02 peak, 10 months after the low.
JanPriceVolume reached 18.7x its 50-day median on 2024-01-12; price +1.3% that day.
2023
DecPriceVolume reached 11.0x its 50-day median on 2023-12-05; price +2.1% that day.
SepPriceVolume reached 9.5x its 50-day median on 2023-09-20; price +4.8% that day.
JunPriceVolume reached 22.7x its 50-day median on 2023-06-12; price -4.5% that day.
MarPriceFell 79% from the Feb 2022 peak to the Mar 2023 low.
JanPriceVolume reached 65.7x its 50-day median on 2023-01-13; price +4.4% that day.
2022
DecPriceVolume reached 5.3x its 50-day median on 2022-12-15; price +3.5% that day.
SepPriceVolume reached 11.5x its 50-day median on 2022-09-02; price +4.8% that day.
JunSharesShare count is up 200.0% over 12 months.
JanPriceRegained the 2021-10 peak, 2 months after the low.
JanPriceVolume reached 11.8x its 50-day median on 2022-01-13; price +4.5% that day.

Events are generated from the data by fixed rules.
The month shown is when the change became visible in the reported figures, assuming a 60-day lag after each quarter end; it is not an announcement date.

Where price and fundamentals disagree, market-wide Rewind the whole market to any month

Monthly history54 months · 2022-06 to 2026-11

Month	P/E	Revenue (TTM)	ROE	ROCE	Debt / Equity
2026-11	20.4x	₹845 cr	13.3%	2.0%	4.4x
2026-10	18.5x	₹845 cr	13.5%	2.0%	4.4x
2026-09	16.8x	₹845 cr	13.5%	2.0%	4.4x
2026-08	21.8x	₹750 cr	11.8%	2.0%	4.4x
2026-07	23.5x	₹750 cr	11.8%	2.0%	4.4x
2026-06	24.9x	₹750 cr	11.8%	2.0%	4.4x
2026-05	31.6x	₹681 cr	8.9%	2.0%	3.5x
2026-04	32.2x	₹681 cr	8.9%	2.0%	3.5x
2026-03	21.8x	₹681 cr	8.9%	2.0%	3.5x
2026-02	34.9x	₹609 cr	7.8%	2.0%	3.5x
2026-01	26.8x	₹609 cr	7.8%	2.0%	3.5x
2025-12	27.1x	₹609 cr	7.8%	2.0%	3.5x
2025-11	33.4x	₹565 cr	7.3%	2.0%	3.5x
2025-10	38.4x	₹565 cr	7.3%	2.0%	3.5x
2025-09	44.0x	₹565 cr	7.3%	2.0%	3.5x
2025-08	51.9x	₹497 cr	6.2%	2.0%	3.5x
2025-07	58.1x	₹497 cr	6.2%	2.0%	3.5x
2025-06	62.6x	₹497 cr	6.2%	2.0%	3.5x
2025-05	64.7x	₹461 cr	—	1.0%	—
2025-04	58.7x	₹461 cr	—	1.0%	—
2025-03	55.0x	₹461 cr	—	1.0%	—
2025-02	73.7x	₹380 cr	—	1.0%	—
2025-01	90.7x	₹380 cr	—	1.0%	—
2024-12	108.9x	₹380 cr	—	1.0%	—
2024-11	97.4x	₹354 cr	—	1.0%	—
2024-10	120.5x	₹354 cr	—	1.0%	—
2024-09	87.2x	₹354 cr	—	1.0%	—
2024-08	102.8x	₹451 cr	—	1.0%	—
2024-07	106.4x	₹451 cr	—	1.0%	—
2024-06	98.6x	₹451 cr	—	1.0%	—
2024-05	—	₹229 cr	-10.2%	0.0%	72.1x
2024-04	—	₹229 cr	-10.2%	0.0%	72.1x
2024-03	—	₹229 cr	-10.2%	0.0%	72.1x
2024-02	—	₹229 cr	-10.2%	0.0%	72.1x
2024-01	—	₹229 cr	-10.2%	0.0%	72.1x
2023-12	—	₹229 cr	-10.2%	0.0%	72.1x
2023-11	—	₹229 cr	-10.2%	0.0%	72.1x
2023-10	—	₹229 cr	-10.2%	0.0%	72.1x
2023-09	—	₹229 cr	-10.2%	0.0%	72.1x
2023-08	—	₹229 cr	-10.2%	0.0%	72.1x
2023-07	—	₹229 cr	-10.2%	0.0%	72.1x
2023-06	—	₹229 cr	-10.2%	0.0%	72.1x
2023-05	—	₹4 cr	-27.6%	—	11.1x
2023-04	—	₹4 cr	-27.6%	—	11.1x
2023-03	—	₹4 cr	-27.6%	—	11.1x
2023-02	—	₹4 cr	-27.6%	—	11.1x
2023-01	—	₹4 cr	-27.6%	—	11.1x
2022-12	—	₹4 cr	-27.6%	—	11.1x
2022-11	—	₹4 cr	-27.6%	—	11.1x
2022-10	—	₹4 cr	-27.6%	—	11.1x
2022-09	—	₹4 cr	-27.6%	—	11.1x
2022-08	—	₹4 cr	-27.6%	—	11.1x
2022-07	—	₹4 cr	-27.6%	—	11.1x
2022-06	—	₹4 cr	-27.6%	—	11.1x

Methodology and data notes