SJVN

Market Cap: Large Cap
Industry: Power Generation/Distribution
ISIN: INE002L01015
NSEID: SJVN
BSEID: 533206

INR

91.41

1.37 (1.52%)

BSENSE

Apr 11, 12:53 PM

BSE+NSE Vol: 21.36 lacs

Click here to access the older version

Score

Click here to find our call on this stock

Strong Sell

Sell

Hold

Buy

Strong Buy

Comparison

Company

Score

Quality

Valuation

Financial

Technical

Indian Energy Ex

NLC India

NTPC

Nava

Reliance Power

Tata Power Co.

Power Grid Corpn

Adani Power

Adani Green

CESC

SJVN

Why is SJVN Ltd. ?

Weak Long Term Fundamental Strength with a -4.09% CAGR growth in Operating Profits over the last 5 years

Low ability to service debt as the company has a high Debt to EBITDA ratio of 4.11 times
The company has been able to generate a Return on Equity (avg) of 9.57% signifying low profitability per unit of shareholders funds

Negative results in Dec 24

PBT LESS OI(Q) At Rs 104.85 cr has Fallen at -22.36%
DEBT-EQUITY RATIO(HY) Highest at 1.64 times
INTEREST(Q) Highest at Rs 221.71 cr

Stock is technically in a Bearish range

The technical trend has deteriorated from Mildly Bearish on 07-Apr-25 and has generated 2.75% returns since then
The stocks Bollinger Band and KST technical factors are also Bearish

With ROCE of 4.3, it has a Very Expensive valuation with a 1.6 Enterprise value to Capital Employed

The stock is trading at a discount compared to its peers' average historical valuations
Over the past year, while the stock has generated a return of -30.99%, its profits have risen by 1.2% ; the PEG ratio of the company is 32

Underperformed the market in the last 1 year

Even though the market (BSE 500) generated negative returns of -0.93% in the last 1 year, its fall in the stock was much higher with a return of -30.99%

Real-Time Research Report

Verdict Report

How much should you sell?

All quantity irrespective of whether you are making profits or losses

(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Power Generation/Distribution)

When to re-enter? - We will constantly monitor the company and review our call based on new data

Is SJVN for you?

High Risk, Low Return

Absolute

Risk Adjusted

Volatility

SJVN

-30.99%

-0.75

41.37%

SENSEX

0.45%

0.03

14.48%

Quality

Management Risk

Growth

Capital Structure

Quality grade scale :

Below Average, Average, Good, Excellent

Quality key factors

Factor

Value

Sales Growth (5y)

0.65%

EBIT Growth (5y)

-4.09%

EBIT to Interest (avg)

7.48

Debt to EBITDA (avg)

5.23

Net Debt to Equity (avg)

Sales to Capital Employed (avg)

0.13

Tax Ratio

21.95%

Dividend Payout Ratio

77.61%

Pledged Shares

Institutional Holding

6.69%

ROCE (avg)

8.37%

ROE (avg)

9.57%

Valuation

Valuation Scorecard

Valuation grade scale :

Very Risky, Risky, Very Expensive, Expensive, Fair, Attractive, Very Attractive

Valuation Key Factors

Factor

Value

P/E Ratio

Industry P/E

Price to Book Value

2.42

EV to EBIT

35.54

EV to EBITDA

25.13

EV to Capital Employed

1.60

EV to Sales

18.11

PEG Ratio

32.01

Dividend Yield

1.89%

ROCE (Latest)

4.31%

ROE (Latest)

6.25%

Loading Valuation Snapshot...

Technicals

Technical key factors

Indicator

Weekly

Monthly

MACD

Mildly Bullish

Mildly Bearish

RSI

No Signal

Bollinger Bands

Bearish

Moving Averages

Bearish (Daily)

KST

Bearish

Mildly Bearish

Dow Theory

Mildly Bearish

No Trend

OBV

No Trend

Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned

Technical Movement

Analyse All Technical Factors

Financial Trend

Financial Trend Scorecard

Financial Trend scale:

Very Negative, Negative, Flat, Positive, Very Positive, Outstanding

5What is working for the Company

PAT(9M)

Higher at Rs 947.26 Cr

CASH AND CASH EQUIVALENTS(HY)

Highest at Rs 4,013.51 cr

NET SALES(Q)

At Rs 670.99 cr has Grown at 23.50%

-14What is not working for the Company

PBT LESS OI(Q)

At Rs 104.85 cr has Fallen at -22.36%

DEBT-EQUITY RATIO(HY)

Highest at 1.64 times

INTEREST(Q)

Highest at Rs 221.71 cr

PAT(Q)

At Rs 149.03 cr has Fallen at -5.4%

NON-OPERATING INCOME(Q)

is 46.13 % of Profit Before Tax (PBT

Loading Valuation Snapshot...

Here's what is working for SJVN

Net Sales - Quarterly

At Rs 670.99 cr has Grown at 23.50%

Year on Year (YoY)

MOJO Watch

Near term sales trend is positive

Net Sales (Rs Cr)

Cash and Cash Equivalents - Half Yearly

Highest at Rs 4,013.51 cr

in the last six half yearly periods

MOJO Watch

Short Term liquidity is improving

Cash and Cash Equivalents

Here's what is not working for SJVN

Profit Before Tax less Other Income (PBT) - Quarterly

At Rs 104.85 cr has Fallen at -22.36%

Year on Year (YoY)

MOJO Watch

Near term PBT trend is very negative

PBT less Other Income (Rs Cr)

Debt-Equity Ratio - Half Yearly

Highest at 1.64 times and Grown

each half year in the last five half yearly periods

MOJO Watch

The company is borrowing more to fund its operations; it's liquidity situation may be stressed

Debt-Equity Ratio

Interest - Quarterly

Highest at Rs 221.71 cr

in the last five quarters and Increased by 11.84 % (QoQ)

MOJO Watch

Rising interest cost signifies increased borrowings

Interest Paid (Rs cr)

Profit After Tax (PAT) - Quarterly

At Rs 149.03 cr has Fallen at -5.4%

Year on Year (YoY)

MOJO Watch

Near term PAT trend is negative

PAT (Rs Cr)

Non Operating Income - Quarterly

is 46.13 % of Profit Before Tax (PBT)

MOJO Watch

The company's income from non business activities is high; which is not a sustainable business model

Non Operating Income to PBT