About
Jyoti Structures Limited manufactures and sells transmission line towers, substation structures, and tall antenna towers/masts in India and internationally. It is involved in turnkey/ engineering procurement construction projects that include the survey, design, foundation, fabrication, erection, and stringing activities of high voltage transmission lines; procurement of bought out items; supply of lattice and pipe type structures; civil works; and erection, testing, and commissioning of switchyard/substations and distribution networks. The company was incorporated in 1974 and is headquartered in Mumbai, India.
Key Metrics
as of Sep 2026Market Cap1,192 Cr
P/E18.50
Div Yield0.00 %
Book Value₹3.98
52w High₹17.40
52w Low₹7.92
Face Value₹2.00
Quarterly Results
Rs. Crores · hover row for definition| Metric | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 251.00 | 234.00 | 209.00 | 151.00 | 156.00 | 165.00 | 137.00 | 107.00 | 88.00 | 129.00 | 56.00 | 81.00 | 185.00 |
| Expenses | 230.00 | 217.00 | 194.00 | 142.00 | 149.00 | 152.00 | 125.00 | 101.00 | 83.00 | 123.00 | 60.00 | 71.00 | 181.00 |
| Operating Profit | 21.00 | 17.00 | 15.00 | 9.00 | 7.00 | 13.00 | 12.00 | 7.00 | 6.00 | 6.00 | -4.00 | 10.00 | 4.00 |
| OPM % | 8.00 | 7.00 | 7.00 | 6.00 | 4.40 | 8.00 | 9.00 | 6.00 | 6.00 | 4.90 | -8.00 | 13.00 | 2.10 |
| Other Income | 4.00 | 6.00 | 5.00 | 5.00 | 6.00 | 2.00 | 1.00 | 2.00 | 1.00 | 1.00 | 7.00 | 3.00 | 0.00 |
| Depreciation | 3.00 | 3.00 | 3.00 | 3.00 | 3.00 | 3.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 |
| Interest | 2.00 | 2.00 | 1.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1.00 | 0.00 | 0.00 | 0.00 |
| Profit before tax | 19.00 | 19.00 | 15.00 | 10.00 | 10.00 | 12.00 | 11.00 | 7.00 | 5.00 | 5.00 | 1.00 | 11.00 | 2.00 |
| Tax % | -1.00 | 4.00 | -10.00 | 4.00 | -9.00 | 3.00 | -2.00 | -6.00 | 2.00 | -194.00 | 0.00 | 0.00 | 0.00 |
| Net Profit | 19.00 | 18.00 | 17.00 | 10.00 | 11.00 | 12.00 | 11.00 | 7.00 | 5.00 | 14.00 | 1.00 | 11.00 | 2.00 |
| EPS in Rs | 0.16 | 0.15 | 0.14 | 0.08 | 0.09 | 0.10 | 0.09 | 0.06 | 0.04 | 0.12 | 0.01 | 0.10 | 0.02 |
Profit & Loss
Annual · Rs. Crores| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2016 | Mar 2015 | Mar 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 751.00 | 498.00 | 451.00 | 229.00 | 4.00 | 0.00 | 16.00 | 182.00 | 324.00 | 2,947.00 | 3,111.00 | 3,636.00 |
| Expenses | 702.00 | 460.00 | 434.00 | 229.00 | 41.00 | 254.00 | 828.00 | 841.00 | 3,479.00 | 2,926.00 | 3,024.00 | 3,325.00 |
| Operating Profit | 48.00 | 38.00 | 17.00 | 0.00 | -36.00 | -254.00 | -812.00 | -658.00 | -3,154.00 | 21.00 | 87.00 | 311.00 |
| OPM % | 6.00 | 8.00 | 3.80 | 0.00 | -826.00 | — | -4,948.00 | -361.00 | -973.00 | 0.70 | 2.80 | 9.00 |
| Other Income | 22.00 | 6.00 | 12.00 | 2.00 | 1.00 | 0.00 | 0.00 | 6.00 | 3.00 | 55.00 | 55.00 | 28.00 |
| Interest | 3.00 | 0.00 | 2.00 | 0.00 | 0.00 | 1,495.00 | 1,501.00 | 1,106.00 | 1,021.00 | 671.00 | 485.00 | 319.00 |
| Depreciation | 13.00 | 8.00 | 7.00 | 5.00 | 7.00 | 10.00 | 16.00 | 27.00 | 29.00 | 54.00 | 53.00 | 40.00 |
| Profit before tax | 55.00 | 35.00 | 20.00 | -4.00 | -42.00 | -1,759.00 | -2,329.00 | -1,785.00 | -4,201.00 | -649.00 | -395.00 | -20.00 |
| Tax % | -2.00 | 0.00 | -48.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 9.00 | 0.00 | -52.00 |
| Net Profit | 56.00 | 36.00 | 29.00 | -4.00 | -42.00 | -1,759.00 | -2,329.00 | -1,785.00 | -4,201.00 | -704.00 | -396.00 | -9.00 |
| EPS in Rs | 0.47 | 0.30 | 0.25 | -0.04 | -0.43 | -102.67 | -135.95 | -104.17 | -245.22 | -41.12 | -23.11 | -0.73 |
| Dividend Payout % | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Balance Sheet
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2016 | Mar 2015 | Mar 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 239.00 | 238.00 | 146.00 | 127.00 | 127.00 | 22.00 | 22.00 | 22.00 | 22.00 | 22.00 | 22.00 | 16.00 |
| Reserves | 236.00 | 325.00 | -172.00 | -102.00 | 25.00 | -11,384.00 | -9,701.00 | -7,348.00 | -5,584.00 | -298.00 | 365.00 | 665.00 |
| Borrowings | 2,084.00 | 1,996.00 | 1,916.00 | 1,803.00 | 1,691.00 | 7,412.00 | 7,007.00 | 6,383.00 | 5,718.00 | 5,190.00 | 2,942.00 | 1,498.00 |
| Other Liabilities | 378.00 | 457.00 | 459.00 | 457.00 | 350.00 | 5,367.00 | 4,351.00 | 3,387.00 | 2,634.00 | 1,467.00 | 2,251.00 | 2,347.00 |
| Total Liabilities | 2,937.00 | 3,015.00 | 2,350.00 | 2,286.00 | 2,193.00 | 1,417.00 | 1,678.00 | 2,444.00 | 2,790.00 | 6,381.00 | 5,579.00 | 4,527.00 |
| Fixed Assets | 70.00 | 42.00 | 33.00 | 32.00 | 27.00 | 33.00 | 43.00 | 62.00 | 90.00 | 425.00 | 436.00 | 469.00 |
| CWIP | 3.00 | 2.00 | 1.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 28.00 | 2.00 | 2.00 |
| Investments | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 0.00 | 0.00 | 0.00 | 5.00 | 5.00 | 5.00 |
| Other Assets | 2,863.00 | 2,970.00 | 2,315.00 | 2,253.00 | 2,166.00 | 1,384.00 | 1,635.00 | 2,382.00 | 2,700.00 | 5,922.00 | 5,136.00 | 4,051.00 |
| Total Assets | 2,937.00 | 3,015.00 | 2,350.00 | 2,286.00 | 2,193.00 | 1,417.00 | 1,678.00 | 2,444.00 | 2,790.00 | 6,381.00 | 5,579.00 | 4,527.00 |
Cash Flows
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2016 | Mar 2015 | Mar 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | -269.00 | -177.00 | -19.00 | -36.00 | -100.00 | -2.00 | -4.00 | -9.00 | 1,190.00 | -1,764.00 | -1,130.00 | -88.00 |
| Cash from Investing Activity | -23.00 | -13.00 | -7.00 | -11.00 | 0.00 | 0.00 | 0.00 | 0.00 | -639.00 | -84.00 | -81.00 | -40.00 |
| Cash from Financing Activity | -74.00 | 615.00 | 34.00 | -7.00 | 170.00 | 0.00 | 1.00 | 0.00 | -918.00 | 1,772.00 | 1,252.00 | 177.00 |
| Net Cash Flow | -367.00 | 425.00 | 8.00 | -53.00 | 70.00 | -2.00 | -3.00 | -9.00 | -368.00 | -76.00 | 41.00 | 49.00 |
| Free Cash Flow | -310.00 | -196.00 | -28.00 | -48.00 | -101.00 | -2.00 | -4.00 | -9.00 | 1,182.00 | -1,815.00 | -1,157.00 | -136.00 |
| CFO/OP % | -555.00 | -467.00 | -113.00 | 72,040.00 | 275.00 | 1.00 | 0.00 | 1.00 | -38.00 | -8,488.00 | -1,280.00 | -22.00 |
Ratios
Annual · Days / % — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2016 | Mar 2015 | Mar 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 1,085.00 | 1,572.00 | 1,642.00 | 3,183.00 | 158,009.00 | — | 30,382.00 | 4,284.00 | 2,740.00 | 542.00 | 399.00 | 285.00 |
| Inventory Days | 137.00 | 174.00 | 127.00 | 207.00 | 1,284.00 | 2,745.00 | 2,629.00 | 303.00 | 161.00 | 62.00 | 81.00 | 86.00 |
| Days Payable | 138.00 | 293.00 | 232.00 | 429.00 | 4,306.00 | 38,714.00 | 25,860.00 | 2,868.00 | 1,465.00 | 93.00 | 240.00 | 285.00 |
| Cash Conversion Cycle | 1,085.00 | 1,454.00 | 1,537.00 | 2,961.00 | 154,987.00 | — | 7,150.00 | 1,719.00 | 1,436.00 | 511.00 | 239.00 | 86.00 |
| Working Capital Days | 1,034.00 | 1,430.00 | 1,538.00 | 2,937.00 | 158,843.00 | — | -216,614.00 | -14,740.00 | -6,356.00 | 0.00 | 149.00 | 64.00 |
| ROCE % | 2.00 | 2.00 | 1.00 | 0.00 | — | — | — | — | — | 0.00 | 3.00 | 15.00 |
Corporate Actions
38 records| Action | Ex Date | Record Date | Ratio | Amount (₹) | Notes |
|---|---|---|---|---|---|
| Rights | 10 Feb 2025 | 10 Feb 2025 | 9:26 | — | |
| Other | 10 Feb 2025 | 10 Feb 2025 | — | — | Right Issue of Equity Shares |
| Other | 31 Oct 2024 | — | — | — | E.G.M. |
| Other | 31 Oct 2024 | — | — | — | Extra Ordinary General Meeting |
| Other | 26 Jul 2024 | — | — | — | Annual General Meeting |
| Rights | 21 Mar 2024 | 21 Mar 2024 | 6:37 | — | |
| Other | 21 Mar 2024 | 21 Mar 2024 | — | — | Right Issue of Equity Shares |
| Other | 04 Mar 2024 | — | — | — | E.G.M. |
| Other | 04 Mar 2024 | — | — | — | Extra Ordinary General Meeting |
| Other | 04 Dec 2023 | — | — | — | E.G.M. |
| Other | 04 Dec 2023 | — | — | — | Extra Ordinary General Meeting |
| Other | 11 Oct 2023 | — | — | — | E.G.M. |
| Other | 11 Oct 2023 | — | — | — | Extra Ordinary General Meeting |
| Other | 13 Jul 2023 | — | — | — | Annual General Meeting |
| Other | 21 Sep 2022 | — | — | — | Annual General Meeting |
| Other | 12 Apr 2022 | — | — | — | E.G.M. |
| Other | 12 Apr 2022 | — | — | — | Extra Ordinary General Meeting |
| Other | 02 Sep 2021 | — | — | — | Annual General Meeting |
| Other | 04 Jun 2021 | — | — | — | Annual General Meeting |
| Other | 22 Jan 2021 | — | — | — | Annual General Meeting |
| Other | 19 Sep 2016 | — | — | — | Annual General Meeting |
| Other | 16 Sep 2015 | — | — | — | Annual General Meeting |
| Other | 10 Sep 2014 | — | — | — | Annual General Meeting |
| Dividend | 11 Jul 2013 | — | — | 0.80 | |
| Dividend | 09 Jul 2012 | — | — | 1.10 | |
| Dividend | 08 Jul 2011 | — | — | 0.40 | NSE/BSE dividend mismatch: BSE/NSE=1.1; BSE/NSE=0.4 |
| Dividend | 08 Jul 2011 | — | — | 1.10 | NSE/BSE dividend mismatch: BSE/NSE=1.1; BSE/NSE=0.4 |
| Other | 13 Jan 2011 | 15 Jan 2011 | — | — | Right Issue of NCD with Warrants |
| Other | 13 Jan 2011 | 15 Jan 2011 | — | — | Rights Issue - 1 Ncd (Issue Price Rs.120/- Per Ncd) With 2 Detachable Warrants (Exercise Price Rs.120/- Per Warrant) For Every 8 Equity Shares |
| Dividend | 30 Aug 2010 | — | — | 1.00 | |
| Dividend | 13 Aug 2009 | — | — | 0.90 | |
| Dividend | 30 May 2008 | — | — | 0.80 | |
| Dividend | 19 Jun 2007 | — | — | 0.60 | |
| Split | 28 Jul 2006 | 04 Aug 2006 | 10:2 | — | |
| Dividend | 16 Jun 2006 | — | — | 0.40 | |
| Dividend | 25 Jul 2005 | — | — | 0.24 | |
| Dividend | 27 Aug 2001 | — | — | 2.50 | |
| Other | 30 Jun 2000 | 15 Jul 2000 | — | — | Right Issue of Equity Shares |